🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
MoneyArk: Innovative DeFi model ignites the market with $Mark rising 20 times opportunities and risks behind it.
MoneyArk: The Rise of a New Star in Ethereum DeFi and Its Potential Risks
Recently, a remarkable project called MoneyArk has emerged in the Ethereum DeFi space, with its $Mark token skyrocketing in price by over 20 times after launch. This project employs a unique mechanism that has attracted the attention of a large number of investors.
MoneyArk offers two ways to participate: buy and hold $Mark tokens, or deposit USDC into the algorithmic treasury to earn a daily return of 0.5%.
$Mark, as a value storage token, aims to maintain low volatility and continuous growth. Its features include a 10% transaction tax, with half allocated to holders and the other half used to increase liquidity. This mechanism does not encourage frequent trading but rather leans towards long-term holding.
The total supply of $Mark is 100 million, with nearly half allocated to the "black hole" contract. This portion of tokens does not participate in circulation but will accumulate transaction fees. When the holdings in the black hole exceed 51%, a rebalancing mechanism will be triggered, further enhancing liquidity.
Another way to participate is to deposit USDC into the algorithmic treasury. Investors can earn a daily return of 0.5%, but the principal cannot be redeemed. Most of the deposited funds are used to purchase $Mark, with a small portion used to pay out returns and for other purposes.
MoneyArk initially designed a spiral upward mechanism. Low valuation and high returns attract early investors, creating a positive cycle. However, after 14 days, additional rewards stop, and investors face the dilemma of profit extraction and cost recovery.
The best strategy to participate in MoneyArk is to buy $Mark early, followed by early deposits of USDC. The risks of participating in the mid to late stages are higher, especially as late deposits of USDC may become liquidity for others to exit.
Overall, MoneyArk showcases an innovative Decentralized Finance model, but it also contains high risks. Investors need to assess carefully and fully understand the project mechanisms and potential risks before making any investment decisions.