During the interview in Dubai, CC shared with me many thoughts about this event.

CN
Phyrex
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6 hours ago

During the interview in Dubai, CC shared a lot of thoughts about this event with me and even invited me to participate. However, I know my own limitations, so I didn't want to embarrass myself by attending. I'm not very clear on when this event started, and I'm also not sure if it has ended now. As someone who treats Twitter as entertainment, it's really hard for me to describe this event as a "success."

In fact, my thoughts differ somewhat from many of my peers. Many believe that receiving a free $10,000 for trading means that both profits and losses are just experiences, and essentially there is no risk, so they can try boldly. But for me, it feels like giving each excellent trader $10,000 as advertising fees. Did this advertising fee achieve the desired effect?

From a results-oriented perspective, today it was indeed realized. I saw a flood of information related to Aster today. If we look purely at exposure, today had the highest visibility, with a bunch of high-traffic content creators expressing their views on Aster's event. Even I couldn't help but say a few words. This aspect is definitely a success, but what if Aster's essence is not exposure, but rather attracting more traders through a trading competition?

This topic becomes a bit tricky. The fundamental difference between Perp Dex and centralized exchanges lies in where the money is placed. If you trust the exchange, centralized exchange contracts are actually smoother, and the depth is somewhat better. On the other hand, Perp Dex has much higher confidentiality regarding funds, and the choice between the two is not difficult for ordinary traders.

Returning to the essence of the topic, the competition between traders and AI is quite interesting. I've participated in many discussions on this topic, but to be honest, it highlights the gap between human thinking and quantitative trading. There isn't much comparability; the quantitative parameters are all adjusted by humans, and even aggressive adjustments can yield 100x contracts betting on direction.

Therefore, I feel that Aster's event aims more to facilitate "dialogue" among traders through the $10,000. For example, the recent reports on rankings. Unfortunately, trading doesn't have a constant winner; the more aggressive you are, the more likely you are to exit at any moment. I believe Aster wants to discover more "grassroots experts," but in reality, this competition has turned into a leverage game just to secure rankings. This is no longer trading; it feels more like a "game."

All activities should be viewed in terms of their essence. If the essence is to increase Aster's exposure, then today's event certainly achieved good visibility. If the goal is to enhance user cohesion, then the advantages brought by market manipulation are greater, as Aster's rise from obscurity to prominence mainly relied on market manipulation. If the aim is to attract more traders to trade, then the focus should be on how to cultivate newcomers through mechanisms.

If the goal is to cultivate new spokespersons, then the approach is even more misguided.

I still hold a significant position in $Aster and hope for its continued success.

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