Good afternoon. I am the Cheese King.
In the past few days, we have continuously peeled @ZEROBASE ($ZBT )'s skin. From the chip hell of VC, all the way to the 'God mode' controlled by a multi-signature wallet in their smart contracts.
Many fans messaged me after watching: 'King, this project is so dangerous, should I not even touch it?'
Wrong.
If you are a mature trader, you should not only see 'faith' and 'panic' in your eyes, you should only see 'profit and loss ratio'.
Today, I will teach you a set of scumbag-level trading mindset: 'I know the dealer will cheat, but before he closes the net, I will go and take advantage of his free chips.'
🧀 Bait and traps: Why is there such high annual yield?
One of Zerobase's main practical applications is their 'zkStaking (privacy staking)'. To attract everyone to put their money in, they will definitely offer extremely exaggerated APYs (annual percentage yields) in the early stages.
Why is the dealer so generous?
It's simple, because they have a huge VC unlocking pressure that needs to be covered! They must use high-interest as bait to 'lock' retail liquidity in the fund pool. As long as you don't sell, they can safely offload.
This is a candy wrapped in poison. Most retail investors, in greed for that little interest, end up having their principal swallowed by a wave of crash from the dealer.
🏃♂️ The King's Practical Manual: Fast in and out 'Scumbag Freebie Method'
Since we have seen through this game, how should we play? Remember the following three rules of 'reverse shearing the sheep':
1. Absolutely no compounding.
Many people like to enable 'reinvestment mode' after staking, allowing interest to roll into interest. In dealing with$ZBT contracts that carry the risk of centralized backdoors, absolutely not!
Every bit of interest you generate$ZBT must be 'withdrawn, sold, and converted into USDT' at the first opportunity. Exchange the air the dealer gave you for real stablecoins in dollars and put them into your cold wallet.
2. Strictly set an 'escape index'
You think you are earning interest, but the dealer is watching your principal. When should we run?
Do not look at K-lines; pay attention to its TVL (total locked value) and the movements of on-chain whales. When you notice the growth of the fund pool starts to stagnate, or a whale address begins to unstake, this is the signal that the dealer is preparing to close the door. At this point, even if the interest is high, you must immediately run away!
3. Use profits to take risks, protect your principal
If you really believe in its short-term fluctuations, you can take those profits from the freebies to play short-term trades in the secondary market. Even if that 'God mode' is really triggered and the contract is drained by hackers, what you lose is just the chips the dealer gave you; your principal has long been in a safe place.
⚖️ Conclusion: Be a vampire without emotions
In the dark forest of Web3, there are no absolutely safe projects, only absolutely rational operations.
Zerobase is a technically sophisticated but also risky casino. We are not lambs waiting to be slaughtered; we want to be the vampires who take free chips, finish the champagne, and leave calmly before the casino manager turns hostile.
💬 [Weekend Practical Exchange: What are your staking results?]
Have you learned the 'reverse freebie' method taught today?
👇 Tell me in the comments 👇
What is the highest APY (annual percentage yield) staking project you have participated in?
In the end, did you successfully earn interest and run away, or were you trapped even with your principal? Write down your blood and tears history or results for discussion!