How many steps are needed to swap Moutai for Labubu? Old Deng's collapse? The liquor market has crashed, and my Moutai ATH has dropped by 45%, comparable to Ethereum! I urgently need to change my holdings; recently, everyone has been saying Labubu is amazing, and I’m ready to follow the young people and bet on the future! Here comes the question: how many steps are needed to transfer funds from A-shares Moutai to Hong Kong stocks Pop Mart? Let’s dive in! ⬇️ Many people look down on Crypto, saying it’s just what traditional finance has left behind, with the scale of funds, financial efficiency, and trading crowd all being garbage. I agree with part of that, but when it comes to financial efficiency, I absolutely do not agree. It’s not an exaggeration to say that today, any DeFi, whether it’s for transfers, exchanges, or lending, far exceeds the traditional financial system in efficiency, not to mention the numerous public chains that are rich to the point of redundancy. Speaking of which... today’s blockchain finance has really become "convenient" to the point of creating a lot of trouble for itself. Hey, are you shearing sheep? It’s too fragmented! To solve this problem, people have been pondering for a long time, and Near should be considered one of the early movers. On the Near chain, the ultimate embodiment of chain abstraction applications in the DeFi field is @rhea_finance. The name sounds a bit unfamiliar? Actually, it’s an old friend; this is a new product formed by the merger of the well-established Dex protocol Ref Finance and the lending protocol Burrow Finance on Near. This involves a frequently mentioned technical term: Chain Abstraction. Today, let’s dive into it and understand it. / What is Chain Abstraction? The translation of Chain Abstraction is spot on; it’s a very direct and abstract translation. We can understand it as "chain-agnostic" or "no chain". What does that mean? It’s a technology that allows users to operate without worrying about which chain it is; they can just operate directly. I don’t care about your Gas or cross-chain issues; I just want to use $Near to exchange for $Aptos and then convert it to BTC. Can you do that? Chain abstraction, it really works. Rhea fully utilizes Near's chain abstraction technology to create a hub for managing multi-chain assets, supporting multiple islands like Near, BTC, and EVM compatibility. Did you notice BTC? Yes, Rhea supports native Bitcoin operations through Satoshi Ramp, claiming to be "the fastest BTC in-and-out channel". Users can directly deposit Bitcoin into Near's DeFi ecosystem using a Bitcoin wallet, and then go on to lend, stake, and earn interest without needing to cross chains, and it’s fast and low-cost. What about EVM and non-EVM? Rhea is deeply integrated with NEAR ecosystem projects like OmniBridge, making this part smoother. / What is Rhea Agent? Based on chain abstraction, Rhea introduces Rhea Agent to bring smart automated strategies to users. AI has always been a hallmark of Near's transformation, and Rhea has caught up. This Agent can be considered the next-generation DeFi infrastructure officially promoted by Near. What can this AI do? Liquidity management optimization: Ref is already good at AMM and multi-pool strategies, and the RHEA Agent can automatically optimize asset allocation in liquidity pools. For example, it can adjust the concentrated liquidity range based on market trends, reducing impermanent loss while improving capital utilization. Intent-driven operations: This translation is also quite amusing; it roughly means "what you think is what you get" without being constrained by DeFi's infrastructure. For example, users don’t need to deeply learn DeFi protocols or on-chain mechanisms; they just need to input the command "deposit BTC into high-yield pool" through the Rhea interface, and the Agent can automatically complete complex operations like asset transfers, lending, or staking. Personalized yield optimization: Thanks to the tireless work of the AI Agent, Rhea Agent can automatically set and adjust strategies based on users' risk preferences, managing risks in real-time while continuously searching for suitable yield products, including support for loop lending. / How to participate? After the merger of Ref and Burrow, Rhea has become the ultimate embodiment of DeFi on Near, with unified liquidity and lending, a new tokenomics, AI-driven smart agents, and a new governance mechanism. The new token ticker is $RHEA. The TGE date has not been announced yet, but the exchange page has already been released! Points system, trading competitions, token exchanges, it’s all laid out; it’s about trading, swapping airdrops, and $Near rewards. Given the previous description, Rhea should be the jewel of Near; whether it can shine depends on the project's vision! ▰ Total rewards: 10,000 $NEAR per month (up to 2,500 per week) ▰ Points are only earned through designated currency trading ▰ Double points for BTC wallet and trading The operation is very simple; just bind your wallet and trade, and you can check the points system, waiting for TGE to swap for airdrops. Click here to start earning points: // Chain abstraction + AI Agent, combined with the merger of Ref and Burrow, I have now clearly established Rhea's new positioning — the next-generation DeFi infrastructure. Whether it’s chain abstraction, AI, or lending integration, they are all striving towards one goal: simplifying DeFi operations, lowering entry barriers, and activating liquidity. So how many steps are needed to swap Moutai for Labubu? Many steps, and what’s more frightening is that it likely involves regulatory risks! However, if this situation occurs on Rhea, I just need to input "swap all my Moutai for Pop Mart", and it can be done. This is a soft-core popular science article; through this article, you can have a basic understanding of the following knowledge: ▰ What is chain abstraction ▰ How Rhea reshapes DeFi ▰ Why Old Deng doesn’t buy Labubu (not really) Author: anymose | A soft-core popular science writer <End of full text>