In the world of Crypto Assets, many projects face the significant challenge of forming Consensus. Most participants hold a Zero-sum Game mindset, and even if a project has quality IP and an active community, it is difficult to establish a solid foundation of Consensus. Once market Fluctuation occurs, investors often withdraw quickly, making it hard for projects to sustain their development.



However, a project named 'Myth' successfully broke through this predicament after six months of effort. The project first established an initial consensus mechanism and then developed a reasonable strategy that combines consensus methods and mechanisms.

'Myth' project's innovation lies in its clever use of price fluctuations of mainstream coins and altcoins (including Ethereum liquidity pools) to drive the volatility of its own tokens, thereby increasing trading volume. At the same time, the project gradually enhances Consensus through its unique deflationary mechanism.

This approach not only avoids the limitations of traditional PvP thinking but also provides new ideas for the sustainable development of Crypto Assets projects. By balancing short-term trading activity and long-term value accumulation, the 'Myth' project demonstrates how to build a stable Consensus foundation in a turbulent crypto market.

This case may provide a reference for other Crypto Assets projects, helping them find a balance in the intense market competition and achieve long-term stable development.
IP-3.12%
ETH-4.88%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SocialFiQueenvip
· 8h ago
This is just pyramid selling, pretending to be quite high-end.
View OriginalReply0
ForkItAllvip
· 8h ago
Laughing to death, and this is still a myth?
View OriginalReply0
ThreeHornBlastsvip
· 8h ago
This method has some substance.
View OriginalReply0
NFT_Therapyvip
· 8h ago
It's like bragging as if anyone can't do it.
View OriginalReply0
ProveMyZKvip
· 8h ago
Don't be fooled, another Be Played for Suckers scheme.
View OriginalReply0
AlphaBrainvip
· 8h ago
Another project that is just making big promises?
View OriginalReply0
Whale_Whisperervip
· 8h ago
It's another concept play.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)