Four eras of harvesting by project parties through contracts.

❚ Era 1.0-2.0: Traditional harvesting

The project party acquires tokens, finds market makers, and gradually dumps them.

This is something we are all familiar with, it's like 'boiling a frog in warm water'.

❚ Era 3.0: Contract liquidation harvesting

The second type mentioned by Phyrex,

controlling over 95%, violently pushing and dumping, mainly profiting from liquidating your contracts.

$ZKJ, $MYX, $MMT are all examples of this gameplay.

❚ Era 4.0: Funding rate harvesting

The latest gameplay mentioned by Wuwei,

• Not relying on liquidation, but grinding you with extreme funding rates

• Daily loss up to 48%

• 100 million in positions, earning tens of millions of dollars in just 2 days through rates

This is even more ruthless. You haven't been liquidated, but you are bleeding out every day.