Cracking Down on @ LazyBearSonic Coin Protocol - Minimalist Ponzi+Game Theory Art LazyBear's Past and Present Lives There are multiple Defi/Gamefi ponzi disks on the Sonic @ SonicLabs blockchain, with Defi ponzi representing protocols such as @ ShadowOnSonic and Gamefi ponzi protocols such as @ PetroumenDevi. The Bitcoin protocol @ LazyBearSonic, which is currently in its early stages, is eager to try it out. Let me briefly talk about LB's minimalist ponzi+game theory art. LB was initiated by Avalanche and the old OG of the original Fantom chain. Its initial positioning was as a memelaunchpad platform on the @ SonicLabs chain. Later, it released the official series pfp - Lazybaar, which consists of 2244 NFTs of various shapes. Due to a lack of effective empowerment, after Freemint was launched, it randomly fell into a liquidity crisis after a wave of boosting. It was not until the launch of LB River function early this morning that this dying series of NFTs was briefly revitalized Deconstructing the Ponzi Art of LB River LB River is the main battlefield of this ponzi battle, which cannot be separated from three core assets: LB NFT (Original Bear NFT), VB NFT (Virtual Bear NFT), and FISH token. Gameplay logic: 1. Users can pledge LB NFTs to LB River to continuously receive FISH token rewards. LB NFTs are mainly purchased through the NFT secondary market; Once LB NFT is pledged, it will be destroyed in a disguised form and cannot be retrieved; 2/Users can also choose to buy and burn 10 FISH tokens to mint a VB NFT, which will be pledged to LB River for continuous FISH rewards upon burning; Whether pledging LB NFT or VB NFT, the FISH reward obtained is the same and fixed, with each Bear producing 0.1 FISH per epoch, 6 hours per epoch, and 0.4 FISH per day. 4/LB River is an ecosystem where bears and fish coexist. When the number of fish in the ecosystem is less than 1, an extinction event is triggered, all pledged bears die, rewards cease to be generated, and the protocol enters a suspended state for ecosystem restoration; The number of fish in LB River=current fish supply (initial supply - consumption by bears)+regeneration rate, and the fish regeneration rate follows a modified logistic function (S-shaped curve); In human terms, if too many bears pledged in LB River reach the critical value set by the protocol, all bears will be permanently destroyed and no longer generate FISH rewards, and the entire ecosystem will be toppled and restarted. Deconstructing LB River Game Theory The tragedy of the commons is the most classic game of this agreement, referring to the phenomenon where individuals pursue their own interests to the fullest, leading to excessive consumption of collective resources and ultimately harming the overall interests. Players need to balance short-term gains (staking more LB/VB Bears) with long-term sustainability (avoiding extinction). The more bears they stake, the more FISH they produce, and the greater the risk of system crashes. However, due to the irreversibility of LB/VB Bears staking, forced lock up is required after staking, and the current payback period is about 25 days (calculated based on the cost of 10 FISH per VB Bears). Once staked, it becomes passive. If the ecosystem does not collapse within 25 days, then the VB Bears staker is the winner; Otherwise, players may as well directly hold FISH tokens. The floor price of LB Bears and the cost of VB Bears (10 FISH) will theoretically converge. From the perspective of revenue output, the FISH revenue generated by LB Bears that have been pledged is equal to the revenue generated by VB Bears. But an important point that cannot be ignored is that LB Bears are tangible NFTs, not virtual NFTs, which also means that we cannot quantify profits without considering their attributes as NFTs. The LB Bears pledged to LP River will be permanently destroyed, resulting in a corresponding reduction in the total amount of LB Bears NFTs and an increase in scarcity. The most complex and uncontrollable factor in this model is the fluctuation of FISH prices. The price of FISH directly determines the floor price of LB Bears and also directly affects the payback period of VB Bears (if the price of FISH is increased tenfold, the payback period will be shortened to 2.5 days); The same applies to price drops. <Write at the end> Until the end of this tweet, I did not provide specific operational suggestions. The reason is that there are too many uncontrollable factors in the ponzi+game theory game of @ LazyBearSonic, and the specific strategies adopted by each reader will naturally vary depending on their risk preferences. Following one's own risk preferences and cognition, deep thinking is much more valuable than mindless daydreaming. This tweet is only for project sharing and does not provide any investment advice.