Liquidation is an unavoidable mechanism in on-chain lending protocols. Once assets decline or collateral becomes insufficient, the system must force liquidation to protect funds. However, have you noticed that during major market fluctuations, the "automatic liquidation" mechanism of lending platforms often amplifies the crash? As soon as assets fall below the liquidation threshold, a large amount of collateral is dumped on the market with a single click. While the liquidation speed is fast, it also causes an instantaneous break in the liquidity of assets across the entire chain—everyone is scrambling to sell, and the market is filled with panic. This brutal liquidation, while maintaining the protocol's own security, has a destructive impact on the overall market ecosystem. Morpho's Vault model is offering a more "gentle" and "strategic" liquidation approach: a combined liquidation logic. Combined liquidation doesn't involve dumping assets all at once; instead, it allows for multiple liquidation strategy paths: Time-window liquidation: After assets fall below a certain threshold, they aren't immediately auctioned off but enter a cooling-off period to observe market corrections or user replenishment; Layered liquidation: Liquidation starts with non-core assets and gradually extends to core assets, reducing direct selling pressure on the main chain; Discounted delegation liquidation: Assets are delegated to specific liquidators for private processing at a specified discount, rather than being auctioned directly on-chain; Governance liquidation module: wMORPHO votes to set parameters such as liquidation frequency, pace, and discount rates, executed according to community consensus; Liquidation to asset restructuring: For example, during liquidation, a Vault converts NFT collateral into Fractional Tokens for partial monetization, preserving some long-term asset value. Traditional protocols cannot do all this because they don't support "structural-level" modifications to liquidation strategies. But Morpho integrates liquidation into the Vault's strategy logic, allowing you to write liquidation rules like writing code. The result is this: For liquidation, Morpho can achieve a combination of "off-chain transactions, on-chain synchronization"; for risk control, Morpho can set up "liquidation observer roles" for early warning and delayed execution; for collateral processing, Morpho can use strategies to process non-standard assets such as NFTs, LP Tokens, and bonds in stages. Liquidation is no longer a button, no longer an auction, but an adjustable mechanism. You can even integrate external DEXs or OTC protocols into Vault to automatically select the optimal path when liquidating assets. This "structured liquidation" is more flexible, more strategic, and more in line with the risk management logic of the real financial world than "pool auctions." Therefore, I say: Morpho's liquidation logic is no longer a "dumping protection protocol," but a "smoothing risk maintenance structure." This is not an innovation at the algorithmic level, but an empowerment at the structural level. When you can control the liquidation method, pace, targets, and executors, liquidation is no longer a "crisis trigger," but "part of the strategy." And this is the hallmark of a mature on-chain finance system. @MorphoLabs $MORPHO #Morpho

Regulators Can't Stop the Memecoin Wave! The new "Memecoin Act," aimed at shutting down Trump's $15 billion token offering, will only add fuel to the fire. Each crackdown only attracts more attention, generates more buzz, and injects more liquidity into the memecoin space. Memecoins aren't dying; they're evolving. While politicians panic, the community is doubling down, proving the power of decentralized culture and retail investor activity. In short: regulation can't stifle creativity. The memecoin era has just begun, and $TRUMP may just be the spark that ignites the next wave. #Memecoin #BinanceFutures #SolanaETFInflows

According to Coinglass data from October 27th, current funding rates on major CEXs and DEXs indicate that after a two-day rebound, market participants have become increasingly bearish on altcoins, while Bitcoin funding rates have returned to neutral. The specific funding rates are shown in the chart below. Note from CoinGlass: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between the contract price and the price of the underlying asset. They typically apply to perpetual swaps. Funding rates are a mechanism for exchanging funds between long and short traders. Trading platforms do not charge this fee, but rather adjust the cost or benefit of holding contracts to keep the contract price close to the underlying asset price. A funding rate of 0.01% represents the base rate. A funding rate greater than 0.01% indicates a generally bullish market outlook. A funding rate less than 0.005% indicates a generally bearish market outlook.

Who is safer, tell me 🤔 $BTC $XRP $SOL #TradingTypes101 #ElonMuskDOGEDeparture #BinanceAlphaAlert #TrumpTariffs #MEME

有很多大KOL自称是交易员 他们所做的就是通过向追随者倾销、炒作他们作为影响者获得的代币来赚钱。 请注意此类帐户，往往要花很长时间才能识别出这种骗局。 下面是他们的工作原理 3-4个账户聚集在一起 一个小账户发推文 “这个小币种的走势看起来不错” 大账户回应这条推文 “to the moon🚀” 代币价格得到了拉升 慢慢地整个群体都在推销它 然后他们就会倾倒在你身上。 如果你输了，那是你的错。

🔴 2014-你错过了 $DOGE 🔴 2015-你错过了 #XRP 🔴 2016-你错过了 $ETH 🔴 2017-你错过了 #ADA 🔴 2018-你错过了 $BNB 🔴 2019-你错过了 #LINK 🔴 2020-你错过了 $DOGE 🔴 2021-你错过了 #Shibainu 🔴 2022-您错过了 $GMX 🟢 2023-不要错过＄___

🕵️‍♂️ 为什么绝大部分散户赚不到钱？ 👉 因为他们是散户，散户的本质就是应该绝大部分赚不到钱。这是事实的一部分，但不是全部。 🧠 许多人认为信息差、认知差是主要原因，但这只是表面现象。核心原因在于：散户的资金常常成为庄家利润的来源。 🐺 正如绵羊的血肉是饿狼的食物一样，这是一种自然规律。币圈本质上不是生产钱，而是钱的流通。庄家利用资金优势、信息优势和筹码优势来猎取散户。 🔄 过去，散户更容易赚钱的原因是每次减半周期都有更多愚蠢的新手入场，他们成了庄家的背景板。聪明的老手可以跟随庄家的操作获利。 🎯 因此，能够在散户中赚到钱的只是其中极少数的高手，他们具备了独特的洞察力和操作技巧。

WEB3.0赛道的公司怎么做海外联盟营销 WEB3.0公司大部分面对海外用户时，联盟营销/affiliatemarketing是非常主流的引流、起量的方式之一。甚至在带来实际营业额和销量表现上，联盟营销的效果比利用社媒造势、红人内容创作要好得多。总结了一个清单分享给web30的营销人: 判断你的业务是否适合联盟营销? 联盟营销的目标是利用合作伙伴的影响力，广泛的吸引大众在你的品牌和业务上消费，从而产生营业额;品牌和合作伙伴是以实际结果进行付费，即CPA(costper action)模式。简言之，面向消费者的toc业务更适合联盟营销。 如何找到精准的联盟营销合作伙伴? Affiliate业务中重要的部分是对合作伙伴的选择。海外的合作伙伴市场中，细分出非常多不同类别，Web3.0领域最常用的还是KOL/Influencer/红人这种类型。 利用工具高效管理联盟营销合作伙伴。 通常Affiliate业务需要铺陈大量的合作伙伴，来达到更广泛的收益。当一个品牌需要和100位以上合作伙伴对接时，一个高效的管理工具就非常有必要了。现在市面上比较适合web3的工具有ImpactRakuten等。 建立完整的联盟营销工作流。 完整的Affiliate闭环工作流包括:拓展合作伙伴-协商合作方案-监测数据-复盘及优化。这其中涉及到从商务拓展、项目管理、数据分析等各方面的技能，通常需要一个团队各司其职才能够比较高质量的完成。

四大金融支柱介绍 商业银行 英文缩写为CB，是银行的一种类型，职责是通过存款、贷款、汇兑、储蓄等业务，承担信用中介的金融机构。主要的业务范围是吸收公众存款、发放贷款以及办理票据贴现等。一般的商业银行没有货币的发行权，商业银行的传统业务主要集中在经营存款和贷款业务，是一种储蓄机构。 证券公司 Securities Company是专门从事有价证券买卖的法人企业，分为证券经营公司和证券登记公司。狭义的证券公司是指证券经营公司，是经主管机关批准并到有关工商行政管理局领取营业执照后专门经营证券业务的机构。它具有证券交易所的会员资格，可以承销发行、自营买卖或自营兼代理买卖证券。普通投资人的证券投资都要通过证券商来进行。 保险公司 保险公司是指依保险法和公司法设立的公司法人。保险公司收取保费，将保费所得资本投资于债券、股票、贷款等资产，运用这些资产所得收入支付保单所确定的保险赔偿。保险公司通过上述业务，能够在投资中获得高额回报并以较低的保费向客户提供适当的保险服务，从而盈利。 信托公司 以信任委托为基础、以货币资金和实物财产的经营管理为形式，融资和融物相结合的多边信用行为。