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This article will continue to be updated with a collection of helpful past tutorials for beginners, making it convenient for everyone to jump directly.
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🎈Previous beginner tutorial articles!
Binance Alpha
币安Alpha新人入职手册：从零到一，手把手教你领空投
Beginner's Entry Series
【第1课】十分钟读懂货币革命：从贝壳到比特币
【第2课】读懂“世界计算机”以太坊与稳定币

Hey, friend, welcome to the third lesson of the practical series!
It has been a month without updating the course content, and I have been busy building my quantitative trading program. Currently, you can observe my live trading on the Binance copy trading page.
In the last lesson, we turned on all the lights on the table, revealing the giant whales, market makers, and project teams hidden in the dark. Do you feel a bit of 'pressure'?
Don't worry. Trading this game has never been 'retail vs. house', but 'past you vs. present you'. Your biggest enemy is never others, but the emotional, undisciplined you.

Imagine a vast galaxy in Web3, where DeFi was once a wild and enchanting stardust marketplace. Here, the fire of innovation burns brightly, with various wonderful financial Lego blocks being freely assembled, attracting countless treasure seekers. However, this land of freedom has also made traditional financial institutions, the 'giants' seeking stability and compliance, hesitant due to its disorder and high risks. They are like experienced interstellar trading companies, equipped with substantial capital and strict navigation rules, never willing to set sail before reliable routes and safe havens are established. Today, pioneers like Lorenzo are meticulously forging sturdy, transparent 'financial lighthouses' that meet interstellar alliance standards in this stardust marketplace, signaling a new chapter in the institutionalization of DeFi asset management.

Imagine, deep in the digital universe, countless rare treasures—those unique non-fungible tokens (NFTs), akin to the grand manors of the Middle Ages. They are magnificent, precious, and possess undeniable value, but due to their 'non-fungible' nature, these manors are often quite expensive and out of reach for ordinary people, and difficult to transfer, like a sleeping giant waiting to be awakened. As the land of the digital world expands, manor owners yearn to turn their treasures into flowing water, allowing more people to participate in their value circulation. This is where the magical innovation of 'NFT fragmentation' comes into play. It does not split the manor into rubble, but rather through a digital 'contract,' enables countless digital citizens who love this land to co-own a small part of these manors and enjoy the dividends brought by their growth. In this wave of transformation, Yield Guild Games (YGG) acts like a visionary digital manor steward alliance, not only owning and managing valuable digital lands and assets but also becoming a key force in driving the revolution of NFT liquidity through its unique ecological model, truly bringing once-unattainable digital manors into the view of ordinary players, transforming stagnant water into a living spring.

In the grand future of machine collaboration, our world is being recoded. Imagine: billions of intelligent devices, automated programs, and even AI agents with limited 'intelligence', no longer just tools, but independent actors in the economic ecosystem, engaging in millisecond-level value exchanges and executing complex contracts. Humans are gradually liberated from the shackles of micro-management, focusing their energy on higher-dimensional creation. However, who will provide an efficient, fair, and tamper-proof settlement platform for this endless 'economic dialogue between machines'? Traditional financial systems appear bloated and expensive when faced with tens of thousands of micro-transactions per second, with amounts potentially as low as a few cents. In this digital wilderness, a settlement protocol named 'Kite' rises like a nimble kite, skillfully drawing a route of trust and efficiency in the blue sky of machine collaboration.

Imagine the vast universe of Web3, which is not made up of cold bytes, but a vast sea of stars flowing with intangible energy. This energy is what we call 'liquidity' – it is like the dark matter in the universe, omnipresent yet difficult to capture, driving the growth and evolution of all things. For a long time, much of Web3's precious energy has been solidified in specific 'galaxies', such as deep within staking pools or on the distant shores of traditional finance. While they contain enormous potential, they cannot freely participate in the interstellar navigation of DeFi. However, by the end of 2025, an unprecedented wave is emerging, akin to a new creation following the Big Bang, aiming to awaken this bound energy – or what we might call 'financial oxygen' – from its slumber and inject it into every cell of Web3, thus opening a new era of liquidity filled with infinite possibilities. In this article, I will guide you under the name 'Stars' to explore this wave of 'unlocking liquidity' that is reshaping our understanding.

Static NFTs, like carefully framed artworks in a museum, capture a moment of beauty and value, serving as eternal 'fossils' of the digital age. However, if one day, the digital artworks you collect could sway with the wind like the trees outside, be nourished by the rain, and even display different colors and forms based on real-time weather changes, what a wonderful sight that would be! This is not science fiction, but a future that dynamic NFTs (dNFT) are bringing to life. APRO is giving wings to this future by enabling 'weather perception', pushing digital assets into a 'living' new era.

The stable path of USDD is not a smooth road, but rather a precise adventure continuously taking place in the wilderness of cryptocurrency. Its over-collateralization mechanism is like the indestructible hull crafted for the Noah's Ark of this stablecoin, while the true helmsmen who constantly monitor the course are those silent yet accurate smart contracts. They are not cold logical codes, but the most core and loyal 'self-navigators' in the USDD ecosystem, ensuring that it can always anchor in the dollar harbor within the vast ocean of Web3.

Every heartbeat in the encrypted world stems from the rhythm of code and the consensus of the community. In this vast sea of stars, the governance voting of Decentralized Autonomous Organizations (DAOs) is like the helm of a starship, steering the grand direction of the protocol. Today, we won't discuss the cold terms on the technical white paper, but rather delve into how **BANK** governance voting resembles a continuous tide that not only batters the edges of the protocol but also profoundly shapes its core strategic direction, showcasing its true vitality as a 'digital democracy experiment.'

Imagine a digital nation built by code and jointly owned by global participants, its constitution written by smart contracts, where every important strategic decision is made by its citizens — the **BANK** token holders — through open and transparent voting. This is not a utopian fantasy, but a reality being practiced by DeFi giants like Bank Protocol. By December 2025, we have witnessed countless instances of how such 'citizen voting' has led the protocol from one crossroads to another opportunity-filled blue ocean.

Stellar Notes: YGG Liquidity Mining, a Web3 Adventure Dancing with 'Impermanent Loss'

In December 2025, the waterways of the crypto world are more turbulent than ever. As countless Web3 adventurers are lured by enticing liquidity mining annual percentage yields (APY), I—Stellar—am keenly aware that beneath the seemingly calm sea of wealth lies a dark current known as 'Impermanent Loss' (IL). It lurks closely, especially on GameFi ecosystem tokens like YGG, where its destructive power should not be underestimated.

Imagine that you walk into a café, order a latte, and as you receive your coffee, the payment has quietly completed—no scanning, no card swiping, not even the sound of an app notification. This is not science fiction; the Kite protocol is turning the Web3 vision of 'seamless payment' into reality. It's like creating an 'invisible portal' for your digital assets, allowing value to flow without cumbersome rituals, leaving only the smooth experience of a successful transaction. In the Web2 era, we became accustomed to convenient QR codes or NFC payments, but Kite is pushing this 'convenience' to a new dimension—true 'seamlessness', where the act of payment disappears from the user's perception, leaving only the satisfaction of needs being met. It is not merely replacing traditional payment channels; rather, it reconstructs the trust model and user experience of payments through the underlying logic of Web3, which is undoubtedly a key step towards the deep integration of the digital economy.

In the vast galaxy of Web3, projects shine like countless stars, each illuminating the night. However, just as the universe needs gravity to cluster galaxies together, the future of Web3 calls for a gravitational center that can unify all phenomena. Today, this center is emerging in an unimaginable form—it is Falcon, an entity that is not merely a protocol but a paradigm-shifting existence, quietly reshaping our understanding of a decentralized world. It is not just a simple L1 or L2, but more like the 'cosmic constant' of the Web3 universe, an omnipresent yet crucial cornerstone of connectivity.

In the vast forest of carbon trading, have we ever questioned whether the promised absorption of carbon dioxide is a thriving ecological miracle of fungi or merely a green illusion that exists on paper? The traditional carbon market is like a heavy ancient ledger, its recorded authenticity often shrouded in a thin mist, allowing the winds of 'greenwashing' to occasionally erode the foundations of the market. In the future landscape of Web3, APRO is attempting to become the 'digital root system' of this forest, using the immutability of blockchain and the precise adjudication of smart contracts to engrave eternal trust marks on the growth of every tree and the breathing of every inch of soil.

Imagine a future city built from code and pixels, where each "digital brick" can double in value in an instant or vanish into thin air just as quickly. This is GameFi and the Metaverse—a new digital frontier filled with infinite possibilities but also great volatility. In this "wild west" era of digital exploration, the most scarce resource is not the dazzling NFTs or the ever-changing governance tokens, but a "digital cornerstone" that can traverse bull and bear markets and anchor value. As market sentiment ebbs and flows like ocean waves and player assets sway like floating weeds, USDD, the stablecoin of the Tron ecosystem, is attempting to serve as a solid ballast in this vast digital ocean, exploring its unique pathway in building the economic systems of GameFi and the Metaverse.

Imagine a special precision instrument in the vast universe of digital assets, which is neither as unattainable as a star nor as fleeting as a meteor, but rather like an automatic regulator in the deep sea, continuously calibrating its own 'buoyancy' in an invisible manner to ensure a perfect balance with the water surface (i.e., the anchored price). This is the core charm of the OTF minting and burning mechanism that we will delve into today — it is not just an algorithm, but a carefully designed economic game, a key engine that ensures price anchoring in the Web3 world is not disrupted by turbulence.

When the decentralized giant sails into the deep sea, the navigation efficiency and decision-making agility of a single mothership face unprecedented challenges. Imagine a vast interstellar federation where all decisions must be voted on by a central council; how inefficient would exploring new star systems and establishing trade stations be? This is the dilemma faced by many large decentralized autonomous organizations (DAOs). To maintain vitality and expansion in the vast Web3 universe, they begin to incubate countless small and refined "interstellar exploration teams"—known as SubDAOs. These subordinate autonomous units, like small spacecraft dispatched by the mothership, each carry specific missions and head into different unknown territories. However, this raises a core question: what is the legal relationship between these “exploration teams,” which have independent routes and decision-making powers, and their “mothership”? How can a governance framework be constructed that both authorizes autonomy and maintains overall coordination?

As the wave of artificial intelligence crashes against the shores of Web3, a profound paradox emerges: we are creating digital beings with astonishing intelligence, capable of learning, reasoning, and even creating, yet their economic hands are shackled by human-centric infrastructure, unable to trade and collaborate autonomously. These clever 'digital brains' are like prisoners in the body of the traditional internet, yearning for a digital world where they can breathe and act freely. And Kite is here to give these AI agents wings, constructing a 'on-chain nervous system' that allows intelligence to be liberated from the shackles of centralization.

In the alchemical laboratories of the crypto world, most people are satisfied with observing the chemical reactions in the crucible, hoping for some mysterious stable transformation. However, true masters pursue not just stability, but insight into the deep interactions between elements, thereby refining value that transcends convention. The title 'Not Just Stability, But Profit' does not advocate for blind speculation, but invites you to deeply understand the dynamic fabric of the crypto economy, moving from 'preservation' to the wisdom of 'wealth creation.'

As of the end of 2025, the market has transitioned from a purely narrative-driven approach to a profound inquiry into the capture of real value. Projects that merely promise stability but lack growth engines are gradually being replaced by innovations with powerful profit mechanisms. This transformation is akin to shifting from a simple piggy bank to sophisticated portfolio management, with each step embodying a precise understanding of macroeconomics, technological frontiers, and user behavior.