Using Pendle YT leverage to farm BTCFI points in the project has been the biggest Waterloo-style failure in trading this year.
In mid-January, based on an overall judgment of the market being short on the downside and long on the upside, I allocated 15,000 USDT to YT Farm BTCFI points, positioning for a potential BTCFi season that might appear in the future.
What was the result? This year, there hasn't been a BTCFi season at all, nor even a decent altcoin season.
This directly led to the current recovery of only about 2,000 USDT from this 15,000 USDT allocation.
Additionally, there are still about 300 $ETHFI waiting to be claimed and about 400,000 Lombard LUX points waiting to be exchanged.
However, this 400,000 points is just a drop in the bucket compared to the total points generated from farming, and it won't exchange for much $BARD.
After reflecting on the pain, once the bear market trend was established, I resolutely decided not to bet on long-term targets anymore.
Lombard is redefining how Bitcoin moves. At the core of this movement is $BARD.
The $BARD Airdrop Checker and Tokenomics will be shared tomorrow, September 16.
Airdrop Claims for Lux Holders and Kaito Yappers will take place on September 18.
Buidlpad Community Sale participants can claim their allocations on September 18.
The ticker is $BARD.
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