万物复苏”行情持续 资产价格飙升下,考验刚开始

2021年04月29日 10070点热度 0人点赞 1,797条评论

万物复苏”行情持续 资产价格飙升下,考验刚开始

上游洪水袭来,下游听取“涨”声一片。为了应对大宗商品价格上涨所带来的成本压力,从可口可乐到纸尿裤,从电脑显卡、处理器到化妆品,甚至电力助动车,纷纷上调价格。

今年以来,从股票到大宗商品再到加密货币,多资产出现同步大幅上涨。越来越多分析师则开始警示称,全球市场目前存在某种程度的泡沫。

资产管理公司GMO(Grantham,Mayo & VanOtterloo)的联合创始人兼首席投资策略师杰里米·格兰瑟姆(Jeremy Grantham)坦言,本轮市场狂飙走高,甚至连最有经验的投资者也未能预期到。

“这与我们经历过的任何其他泡沫都截然不同。以前所有的泡沫都是在经济状况看起来近乎完美的时候出现的。而这次完全不同,市场在一个受伤的经济状况中开始了难以置信的飙升。”他指出。

虽然历史上每次泡沫出现的背景不同、持续的时间不同,但分析师强调,投资者急需注意泡沫破灭后的应对。

“万物复苏”

今年以来,环顾全球市场,各类资产都在飙升,延续了一段时间以来的“万物复苏”行情。

其中,木材价格当下已飙升到历史最高点;美国的住宅销售处于2006年房地产泡沫破灭前的水平;股票也在狂飙。今年以来,美国、法国、澳大利亚等多国的基准股指均攀升至新高,标普500指数和道琼斯工业平均指数近期分别第23次和第21次创下今年以来的收盘纪录。

数据提供商Refinitiv Lipper的数据显示,仅今年3月单月,美国共同基金和交易所交易基金(ETF)的规模就增加了约980亿美元(约合6350亿元人民币(6.4790-0.0041-0.06%)),创下单月新增资金规模的最高历史纪录。同时,自去年12月以来的资金流动规模已达1378亿美元,创七年新高。

这种狂热还超出了华尔街机构追踪的传统资产。比特币此前一度在历史上首次突破6万美元大关,狗狗币(Dogecoin)也曾短暂跃升至创纪录水平,原因是粉丝们群起在推特上发布了“DogeDay”等标签。

在风险投资领域,投资者向初创企业提供的资金是它们所需资金的五倍甚至更多,令所有初创企业的平均估值都创下历史新高。

这样的市场狂热,华尔街再熟悉不过。当下,投资者对各资产类别均表现出过度投资热情,令分析师想起了兴盛的上世纪20年代(the Roaring ’20s)。当下科技股的高估值也使得人们很容易将其与20年前的互联网泡沫时期进行比较。

在黑石私人财富解决方案集团(Blackstone‘s private wealth solutions group)的副董事长维恩(Byron Wien)看来,此次市场的持续狂热得到决策者的特别支持。在30多年的职业生涯中,他经历过各种市场泡沫。

新冠肺炎疫情后,美联储将利率降至接近零的水平,并加大了债券购买计划的力度,美国国会也批准了数万亿美元的刺激计划,以帮助美国经济从封锁状态中复苏。一年后的当下,美国经济开始复苏,市场继续飙升,但美联储仍未显示出希望尽快收紧货币政策的迹象。

“人们仿佛认为,他们是在拥有豁免权的情况下进行投资的。”维恩称,“每次的周期都不一样,但总会出现估值异常的情况。”

此言非虚。道琼斯市场数据显示,标普500指数目前的市盈率约为26倍。另一种估值指标——席勒市盈率(Shiller P/E)算出的估值更高,为37.6倍,为约20年来的最高值。席勒市盈率曾在1999年12月达到44.2倍的历史峰值。

泡沫迟早破灭?

面对许多资产如此高的估值,坎布里亚投资管理公司(Cambria Investments)的首席投资官兼投资组合经理费伯(Meb Faber)认为,泡沫的定义不仅仅是过高的估值。相反,泡沫是因为投资者愿意相信股票或其他资产只可能继续上涨,并愿意忽视一些基本面因素,比如一家公司是否能够创造足够的利润来证明其标价合理。

他补充分析道,从历史上看,市场泡沫的运行时间比其怀疑者想象的要长。以日本为例,其股市平均市盈率在泡沫破裂、暴跌并出现长达数十年的停滞前,曾在1989年达到60倍。

“高估值的市场不一定会崩溃。”费伯称,“过早退出交易意味着可能要冒错过连续多年获取丰厚回报的风险。”

但大部分分析师和投资者对目前的市场泡沫已然警惕。

作为传奇投资人,格兰瑟姆最为人所知的是,他曾正确预测了20世纪80年代末的日本股市泡沫、2000年的互联网泡沫和2008年美国次贷危机泡沫的破灭。

虽然时代背景变了,但格兰瑟姆认为,以往每次的泡沫破裂都伴随着戏剧性的崩盘,股市花了数年时间才从中恢复过来;以往泡沫破裂前的一些信号与当下有所重叠,导致许多投资者为本轮泡沫破灭做好了准备,迎接可能出现的更大范围的回调,而这种回调不仅有可能“消灭”选错股票的投资者,还可能“消灭”其他资产市场的投机者。

“如果我们(稍后)进入一个信心不足的阶段,而各类资产同时存在泡沫,他们将给现实世界带来更多的痛苦。”格兰瑟姆警示称。

除了分析师,在去年以来各资产价格飙升中发挥了越来越重要作用的散户投资者也认为有迹象表明市场已经“过度膨胀”。本月稍早,一项针对957名散户投资者的E*Trade(亿创理财公司)金融调查显示,近70%的受访散户投资者认为市场完全或部分处于泡沫之中。

投资者的考验开始了

事实上,市场上一些泡沫最严重的部分已开始考验投资者的勇气。

近几个月来,由于美国国债收益率上升削弱了一些股票对投资者的吸引力,一些前期估值过高的股票的价格似乎更趋于合理。例如,亚马逊(Amazon)目前的市盈率为79倍,低于其五年平均值175倍。奈飞(Netflix)的市盈率目前为62倍,也大幅低于其5年平均水平195倍。

此外,类似Archegos资产管理公司这样的投资机构也在近期因采用高杠杆重仓押注ViacomCBS、Discovery等股票而爆仓。

明星选股人、“牛市女皇”凯瑟琳·伍德(Cathie Wood)管理的热门ETF也因其对成长股的大量敞口而备受打击。其旗舰基金ARK创新ETF(ARK Innovation ETF)已从2月中旬的高点跌去23%。

追踪特殊目的收购公司(SPAC)的ETF同样已经从今年早些时候触及的高点回落,分析师将下跌归因于投资者对其收益可持续性的担忧加剧。

知名的The SPAC and NEW Issue ETF(SPCX)上周五(23日)的交易价为28.66美元,其曾在2月触及32.34美元的高点。

就连比特币也已从约两周前的60000多美元/枚的高位下跌,一度回调约20%。

“资产价格此前飙升得越高,此后付出的代价就越大,我认为这是泡沫传递的信息之一……投资者可以庆祝市场进一步走高,但这并不能改变其日后将面临的痛苦。”格兰瑟姆称。

 

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  • Brianevels

    New Glenn’s first flight
    Blue Origin formally announced the development of New Glenn — which aims to outpower SpaceX’s Falcon 9 rockets and haul spacecraft up to 45 metric tons (99,200 pounds) to orbit — in 2016.
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    The vehicle is long overdue, as the company previously targeted 2020 for its first launch.

    Delays, however, are common in the aerospace industry. And the debut flight of a new vehicle is almost always significantly behind schedule.

    Rocket companies also typically take a conservative approach to the first liftoff, launching dummy payloads such as hunks of metal or, as was the case with SpaceX’s Falcon Heavy debut in 2018, an old cherry red sports car.
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    Blue Origin has also branded itself as a company that aims to take a slow, diligent approach to rocket development that doesn’t “cut any corners,” according to Bezos, who founded Blue Origin and funds the company.

    The company’s mascot is a tortoise, paying homage to “The Tortoise and the Hare” fable that made the “slow and steady wins the race” mantra a childhood staple.

    “We believe slow is smooth and smooth is fast,” Bezos said in 2016. Those comments could be seen as an attempt to position Blue Origin as the anti-SpaceX, which is known to embrace speed and trial-and-error over slow, meticulous development processes.
    But SpaceX has certainly won the race to orbit. The company’s first orbital rocket, the Falcon 1, made a successful launch in September 2008. The company has deployed hundreds of missions to orbit since then.

    And while SpaceX routinely destroys rockets during test flights as it begins developing a new rocket, the company has a solid track record for operational missions. SpaceX’s Falcon 9 rocket, for example, has experienced two in-flight failures and one launchpad explosion but no catastrophic events during human missions.

    2025年1月9日
  • GeorgeTeern

    Scientists have identified an estimated 10% of all species on Earth. Here’s what they found in 2024
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    A toothy toadstool. A vegetarian piranha with a distinctive mark. And a pygmy pipehorse floating in the Indian Ocean shallows.

    These wild wonders were among the hundreds of previously unknown species of animals, plants and fungi that scientists named and described for the first time in 2024, expanding our surprisingly limited knowledge of Earth’s diversity.

    “Scientists estimate that we’ve identified only one-tenth of all species on Earth,” said Dr.
    Shannon Bennett, chief of science at the California Academy of Sciences, in a statement.

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    “While it is critical to place protections on known threatened species, we must also allocate resources towards identifying unknown species that may be just as important to the functioning of an ecosystem,” Bennett said.

    Researchers connected to the institution described 138 new species in 2024, including 32 fish. One standout was a pygmy pipehorse named Cylix nkosi. The seahorse relative was originally found in 2021 in the cool temperate waters surrounding the North Island of New Zealand, but the species described this year was discovered in the subtropical waters off South Africa, expanding the known range of this group to the Indian Ocean

    “South African reefs present notoriously difficult diving conditions with rough weather and intense, choppy waves — we knew we only had one dive to find it,” underwater photographer and marine biologist Richard Smith said in a statement.
    “This species is also quite cryptic, about the size of a golf tee, but luckily we spotted a female camouflaged against some sponges about a mile offshore on the sandy ocean floor.”

    The researchers involved in describing the new species chose nkosi as its name. A reference to the local Zulu word for “chief,” the name reflects the species’ crown-like head shape and acknowledges South Africa’s KwaZulu-Natal province where it was found.

    2025年1月9日
  • Davidrah

    The survivors of recent crashes were sitting at the back of the plane. What does that tell us about airplane safety?
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    Look at the photos of the two fatal air crashes of the last two weeks, and amid the horror and the anguish, one thought might come to mind for frequent flyers.

    The old frequent-flyer adage is that sitting at the back of the plane is a safer place to be than at the front — and the wreckage of both Azerbaijan Airlines flight 8243 and Jeju Air flight 2216 seem to bear that out.
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    The 29 survivors of the Azeri crash were all sitting at the back of the plane, which split into two, leaving the rear half largely intact. The sole survivors of the South Korean crash, meanwhile, were the two flight attendants in their jumpseats in the very tail of the plane.

    So is that old adage — and the dark humor jokes about first and business class seats being good until there’s a problem with the plane — right after all?

    In 2015, TIME Magazine reporters wrote that they had combed through the records of all US plane crashes with both fatalities and survivors from 1985 to 2000, and found in a meta-analysis that seats in the back third of the aircraft had a 32% fatality rate overall, compared with 38% in the front third and 39% in the middle third.

    Even better, they found, were middle seats in that back third of the cabin, with a 28% fatality rate. The “worst” seats were aisles in the middle third of the aircraft, with a 44% fatality rate.
    But does that still hold true in 2024?

    According to aviation safety experts, it’s an old wives’ tale.

    “There isn’t any data that shows a correlation of seating to survivability,” says Hassan Shahidi, president of the Flight Safety Foundation. “Every accident is different.”

    “If we’re talking about a fatal crash, then there is almost no difference where one sits,” says Cheng-Lung Wu, associate professor at the School of Aviation of the University of New South Wales, Sydney.

    Ed Galea, professor of fire safety engineering at London’s University of Greenwich, who has conducted landmark studies on plane crash evacuations, warns, “There is no magic safest seat.”

    2025年1月9日
  • CoreyScova

    Most plane crashes are ‘survivable’
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    First, the good news. “The vast majority of aircraft accidents are survivable, and the majority of people in accidents survive,” says Galea. Since 1988, aircraft — and the seats inside them — must be built to withstand an impact of up to 16G, or g-force up to 16 times the force of gravity. That means, he says, that in most incidents, “it’s possible to survive the trauma of the impact of the crash.”

    For instance, he classes the initial Jeju Air incident as survivable — an assumed bird strike, engine loss and belly landing on the runway, without functioning landing gear. “Had it not smashed into the concrete reinforced obstacle at the end of the runway, it’s quite possible the majority, if not everyone, could have survived,” he says.

    The Azerbaijan Airlines crash, on the other hand, he classes as a non-survivable accident, and calls it a “miracle” that anyone made it out alive.
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    Most aircraft involved in accidents, however, are not — as suspicion is growing over the Azerbaijan crash — shot out of the sky.

    And with modern planes built to withstand impacts and slow the spread of fire, Galea puts the chances of surviving a “survivable” accident at at least 90%.

    Instead, he says, what makes the difference between life and death in most modern accidents is how fast passengers can evacuate.

    Aircraft today must show that they can be evacuated in 90 seconds in order to gain certification. But a theoretical evacuation — practiced with volunteers at the manufacturers’ premises — is very different from the reality of a panicked public onboard a jet that has just crash-landed.
    Galea, an evacuation expert, has conducted research for the UK’s Civil Aviation Authority (CAA) looking at the most “survivable” seats on a plane. His landmark research, conducted over several years in the early 2000s, looked at how passengers and crew behaved during a post-crash evacuation, rather than looking at the crashes themselves. By compiling data from 1,917 passengers and 155 crew involved in 105 accidents from 1977 to 1999, his team created a database of human behavior around plane crashes.

    His analysis of which exits passengers actually used “shattered many myths about aircraft evacuation,” he says. “Prior to my study, it was believed that passengers tend to use their boarding exit because it was the most familiar, and that passengers tend to go forward. My analysis of the data demonstrated that none of these myths were supported by the evidence.”

    2025年1月9日
  • Floydlit

    A year ago today, things went from bad to worse for Boeing
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    At 5 p.m. PT on January 5, 2024, Boeing seemed like a company on the upswing. It didn’t last. Minutes later, a near-tragedy set off a full year of problems.

    As Alaska Airlines flight 1282 climbed to 16,000 feet in its departure from Portland, Oregon, a door plug blew out near the rear of the plane, leaving a gaping hole in the fuselage. Phones and clothing were ripped away from passengers and sent hurtling into the night sky. Oxygen masks dropped, and the rush of air twisted seats next to the hole toward the opening.
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    Fortunately, those were among the few empty seats on the flight, and the crew got the plane on the ground without any serious injuries. The incident could have been far worse — even a fatal crash.

    Not much has gone right for Boeing ever since. The company has had one misstep after another, ranging from embarrassing to horrifying. And many of the problems are poised to extend into 2025 and perhaps beyond.

    The problems were capped by another Boeing crash in South Korea that killed 179 people on December 29 in what was in the year’s worst aviation disaster. The cause of the crash of a 15-year old Boeing jet flown by Korean discount carrier Jeju Air is still under investigation, and it is quite possible that Boeing will not be found liable for anything that led to the tragedy.
    But unlike the Jeju crash, most of the problems of the last 12 months have clearly been Boeing’s fault.

    And 2024 was the sixth straight year of serious problems for the once proud, now embattled company, starting with the 20-month grounding of its best selling plane, the 737 Max, following two fatal crashes in late 2018 and early 2019, which killed 346 people.

    Still the outlook for 2024 right before the Alaska Air incident had been somewhat promising. The company had just achieved the best sales month in its history in December 2023, capping its strongest sales year since 2018.

    It was believed to be on the verge of getting Federal Aviation Administration approval for two new models, the 737 Max 7 and Max 10, with airline customers eager to take delivery. Approvals and deliveries of its next generation widebody, the 777X, were believed to be close behind. Its production rate had been climbing and there were hopes that it could be on the verge of returning to profitability for the first time since 2018.

    2025年1月9日
  • CharlesFus

    On a long-dormant pad in Florida, a rocket that could challenge SpaceX’s dominance is poised to launch
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    On a Florida launchpad that has been dormant for almost two decades, a new, roughly 320-foot (98-meter) rocket — developed by Jeff Bezos’ company Blue Origin — is poised for its maiden flight.

    The uncrewed launch vehicle, called New Glenn, will mark Blue Origin’s first attempt to send a rocket to orbit, a feat necessary if the company hopes to chip away at SpaceX’s long-held dominance in the industry.

    New Glenn is set to lift off from Cape Canaveral Space Force Station as early as next week.
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    The rocket, which stands about as tall as a 30-story building, consists of several parts: The first-stage rocket booster gives the initial thrust at liftoff. Atop the booster is an upper rocket stage that includes a cargo bay protected by a nose cone that will house experimental technology for this mission.

    And, in an attempt to replicate the success that SpaceX has found reusing rocket boosters over the past decade, Blue Origin will also aim to guide New Glenn’s first-stage rocket booster back to a safe landing on a seafaring platform — named Jacklyn for Bezos’ mother — minutes after takeoff.

    Like SpaceX, Blue Origin will seek to recover, refurbish and reuse first-stage rocket boosters to drive down costs.

    For this inaugural mission, a smooth flight is not guaranteed.

    But the eventual success of New Glenn, named after storied NASA astronaut John Glenn, is instrumental to some of Blue Origin’s most ambitious goals.

    The rocket could one day power national security launches, haul Amazon internet satellites to space and even help in the construction of a space station that Blue Origin is developing with commercial partners.

    2025年1月9日
  • EdwardEvedo

    What New Glenn will do
    In some ways, New Glenn has already made its mark on the launch industry. Blue Origin has for years pitched the rocket to compete with both SpaceX and United Launch Alliance — a joint venture of Boeing and Lockheed Martin that buys engines from Blue Origin — for lucrative military launch contracts.
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    The US Space Force selected Blue Origin, ULA and SpaceX in June to compete for $5.6 billion worth of Pentagon contracts for national security missions slated to launch over the next four years.
    Blue Origin also has deals with several commercial companies to launch satellites. The contracts include plans to help deploy Amazon’s Kuiper internet satellites and a recently inked deal with AST SpaceMobile to help launch the Midland, Texas-based company’s space-based cellular broadband network.

    New Glenn could also be instrumental in building Blue Origin’s planned space station, called Orbital Reef. Blue Origin and it commercial partners, including Sierra Space and Boeing, among others, hope the station will one day provide a new destination for astronauts as the International Space Station is phased out of service.
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    New Glenn vs. other powerful rockets
    New Glenn packs significant power. Dubbed a “heavy-lift” vehicle, its capabilities lie between SpaceX’s Falcon 9 rocket and the more powerful Falcon Heavy launch vehicle.

    SpaceX’s workhorse Falcon 9, for example, can haul up to 22.8 metric tons (50,265 pounds) to space. While New Glenn is capable of carrying about double that mass, it may also be roughly the same price as a Falcon 9: reportedly around $60 million to $70 million per launch.

    “I think in order to compete with Falcon 9, you have to go head-to-head or better on price,” said Caleb Henry, the director of research at Quilty Space, which provides data and analysis about the space sector.

    The question, however, is whether Blue Origin will be able to sustain a competitive price point, Henry added.

    Still, one feature that makes New Glenn stand out is its large payload fairing, or nose cone. The component protects the cargo bay and is a whopping 23 feet (7 meters) wide — nearly 6 feet (2 meters) larger than that of SpaceX’s Falcon 9 or Falcon Heavy.

    Henry said Blue Origin likely opted to outfit New Glenn with such a large fairing in order to help fulfill Bezos’ vision of the future.

    2025年1月9日
  • Forrestsow

    What’s on board this flight
    Blue Origin had planned to launch a pair of Mars-bound satellites on behalf of NASA for the first flight of New Glenn.

    But delays with the rocket’s development prompted the space agency to change course, moving that flight to this spring at the earliest. So for this inaugural flight, Blue Origin opted to instead fly a “demonstrator” that will test technology needed for the company’s proposed Blue Ring spacecraft — which will aim to serve as a sort of in-space rideshare vehicle, dragging satellites deeper into space when needed.
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    The demonstrator on this New Glenn flight will remain aboard the rocket for the entire six-hour flight, Blue Origin said, and it will validate “communications capabilities from orbit to ground” as well as “test its in-space telemetry, tracking and command hardware, and ground-based radiometric tracking.”

    The Blue Ring Pathfinder demonstrator is part of a deal Blue Origin inked with the US Department of Defense’s Defense Innovation Unit.
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    Why Blue Origin wants to reuse rockets
    Similar to SpaceX, Blue Origin is aiming to recover and refly its first-stage rocket boosters in a bid to make launches less expensive.

    “Reusability is integral to radically reducing cost-per-launch,” the company said in a recent news release, using the same oft-repeated sentiment that SpaceX has touted since it began landing rocket boosters in 2015.
    Bezos, however, has acknowledged the importance of reusing rocket parts since he founded the company in 2000 — two years before Musk established SpaceX. And the company has already developed its suborbital New Shepard tourism rocket to be reusable.
    “It’s not a copy cat game,” Henry said. “Blue Origin has been pursuing reusable vehicles since before reusable vehicles were cool. Now it’s much more of a mainstream idea (because of SpaceX). The difference is that it’s taken Blue Origin so much longer to get to orbit.”

    If successful, returning the New Glenn rocket booster for a safe landing will be a stunning feat. After expending most of its fuel to propel the rocket’s upper stage to space, the first-stage booster will need to make a clean separation. The booster must then maneuver with pinpoint guidance and reignite its engines with precision timing to avoid crashing into the ocean or the Jacklyn recovery platform.

    2025年1月9日
  • WesleyTrita

    Scientists have identified an estimated 10% of all species on Earth. Here’s what they found in 2024
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    A toothy toadstool. A vegetarian piranha with a distinctive mark. And a pygmy pipehorse floating in the Indian Ocean shallows.

    These wild wonders were among the hundreds of previously unknown species of animals, plants and fungi that scientists named and described for the first time in 2024, expanding our surprisingly limited knowledge of Earth’s diversity.

    “Scientists estimate that we’ve identified only one-tenth of all species on Earth,” said Dr.
    Shannon Bennett, chief of science at the California Academy of Sciences, in a statement.

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    “While it is critical to place protections on known threatened species, we must also allocate resources towards identifying unknown species that may be just as important to the functioning of an ecosystem,” Bennett said.

    Researchers connected to the institution described 138 new species in 2024, including 32 fish. One standout was a pygmy pipehorse named Cylix nkosi. The seahorse relative was originally found in 2021 in the cool temperate waters surrounding the North Island of New Zealand, but the species described this year was discovered in the subtropical waters off South Africa, expanding the known range of this group to the Indian Ocean

    “South African reefs present notoriously difficult diving conditions with rough weather and intense, choppy waves — we knew we only had one dive to find it,” underwater photographer and marine biologist Richard Smith said in a statement.
    “This species is also quite cryptic, about the size of a golf tee, but luckily we spotted a female camouflaged against some sponges about a mile offshore on the sandy ocean floor.”

    The researchers involved in describing the new species chose nkosi as its name. A reference to the local Zulu word for “chief,” the name reflects the species’ crown-like head shape and acknowledges South Africa’s KwaZulu-Natal province where it was found.

    2025年1月9日
  • Kennethbub

    Most plane crashes are ‘survivable’
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    First, the good news. “The vast majority of aircraft accidents are survivable, and the majority of people in accidents survive,” says Galea. Since 1988, aircraft — and the seats inside them — must be built to withstand an impact of up to 16G, or g-force up to 16 times the force of gravity. That means, he says, that in most incidents, “it’s possible to survive the trauma of the impact of the crash.”

    For instance, he classes the initial Jeju Air incident as survivable — an assumed bird strike, engine loss and belly landing on the runway, without functioning landing gear. “Had it not smashed into the concrete reinforced obstacle at the end of the runway, it’s quite possible the majority, if not everyone, could have survived,” he says.

    The Azerbaijan Airlines crash, on the other hand, he classes as a non-survivable accident, and calls it a “miracle” that anyone made it out alive.
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    Most aircraft involved in accidents, however, are not — as suspicion is growing over the Azerbaijan crash — shot out of the sky.

    And with modern planes built to withstand impacts and slow the spread of fire, Galea puts the chances of surviving a “survivable” accident at at least 90%.

    Instead, he says, what makes the difference between life and death in most modern accidents is how fast passengers can evacuate.

    Aircraft today must show that they can be evacuated in 90 seconds in order to gain certification. But a theoretical evacuation — practiced with volunteers at the manufacturers’ premises — is very different from the reality of a panicked public onboard a jet that has just crash-landed.
    Galea, an evacuation expert, has conducted research for the UK’s Civil Aviation Authority (CAA) looking at the most “survivable” seats on a plane. His landmark research, conducted over several years in the early 2000s, looked at how passengers and crew behaved during a post-crash evacuation, rather than looking at the crashes themselves. By compiling data from 1,917 passengers and 155 crew involved in 105 accidents from 1977 to 1999, his team created a database of human behavior around plane crashes.

    His analysis of which exits passengers actually used “shattered many myths about aircraft evacuation,” he says. “Prior to my study, it was believed that passengers tend to use their boarding exit because it was the most familiar, and that passengers tend to go forward. My analysis of the data demonstrated that none of these myths were supported by the evidence.”

    2025年1月9日
  • Jeromesup

    The survivors of recent crashes were sitting at the back of the plane. What does that tell us about airplane safety?
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    Look at the photos of the two fatal air crashes of the last two weeks, and amid the horror and the anguish, one thought might come to mind for frequent flyers.

    The old frequent-flyer adage is that sitting at the back of the plane is a safer place to be than at the front — and the wreckage of both Azerbaijan Airlines flight 8243 and Jeju Air flight 2216 seem to bear that out.
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    The 29 survivors of the Azeri crash were all sitting at the back of the plane, which split into two, leaving the rear half largely intact. The sole survivors of the South Korean crash, meanwhile, were the two flight attendants in their jumpseats in the very tail of the plane.

    So is that old adage — and the dark humor jokes about first and business class seats being good until there’s a problem with the plane — right after all?

    In 2015, TIME Magazine reporters wrote that they had combed through the records of all US plane crashes with both fatalities and survivors from 1985 to 2000, and found in a meta-analysis that seats in the back third of the aircraft had a 32% fatality rate overall, compared with 38% in the front third and 39% in the middle third.

    Even better, they found, were middle seats in that back third of the cabin, with a 28% fatality rate. The “worst” seats were aisles in the middle third of the aircraft, with a 44% fatality rate.
    But does that still hold true in 2024?

    According to aviation safety experts, it’s an old wives’ tale.

    “There isn’t any data that shows a correlation of seating to survivability,” says Hassan Shahidi, president of the Flight Safety Foundation. “Every accident is different.”

    “If we’re talking about a fatal crash, then there is almost no difference where one sits,” says Cheng-Lung Wu, associate professor at the School of Aviation of the University of New South Wales, Sydney.

    Ed Galea, professor of fire safety engineering at London’s University of Greenwich, who has conducted landmark studies on plane crash evacuations, warns, “There is no magic safest seat.”

    2025年1月9日
  • WilliamGob

    On a long-dormant pad in Florida, a rocket that could challenge SpaceX’s dominance is poised to launch
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    On a Florida launchpad that has been dormant for almost two decades, a new, roughly 320-foot (98-meter) rocket — developed by Jeff Bezos’ company Blue Origin — is poised for its maiden flight.

    The uncrewed launch vehicle, called New Glenn, will mark Blue Origin’s first attempt to send a rocket to orbit, a feat necessary if the company hopes to chip away at SpaceX’s long-held dominance in the industry.

    New Glenn is set to lift off from Cape Canaveral Space Force Station as early as next week.
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    The rocket, which stands about as tall as a 30-story building, consists of several parts: The first-stage rocket booster gives the initial thrust at liftoff. Atop the booster is an upper rocket stage that includes a cargo bay protected by a nose cone that will house experimental technology for this mission.

    And, in an attempt to replicate the success that SpaceX has found reusing rocket boosters over the past decade, Blue Origin will also aim to guide New Glenn’s first-stage rocket booster back to a safe landing on a seafaring platform — named Jacklyn for Bezos’ mother — minutes after takeoff.

    Like SpaceX, Blue Origin will seek to recover, refurbish and reuse first-stage rocket boosters to drive down costs.

    For this inaugural mission, a smooth flight is not guaranteed.

    But the eventual success of New Glenn, named after storied NASA astronaut John Glenn, is instrumental to some of Blue Origin’s most ambitious goals.

    The rocket could one day power national security launches, haul Amazon internet satellites to space and even help in the construction of a space station that Blue Origin is developing with commercial partners.

    2025年1月9日
  • Matthewjat

    A year ago today, things went from bad to worse for Boeing
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    At 5 p.m. PT on January 5, 2024, Boeing seemed like a company on the upswing. It didn’t last. Minutes later, a near-tragedy set off a full year of problems.

    As Alaska Airlines flight 1282 climbed to 16,000 feet in its departure from Portland, Oregon, a door plug blew out near the rear of the plane, leaving a gaping hole in the fuselage. Phones and clothing were ripped away from passengers and sent hurtling into the night sky. Oxygen masks dropped, and the rush of air twisted seats next to the hole toward the opening.
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    Fortunately, those were among the few empty seats on the flight, and the crew got the plane on the ground without any serious injuries. The incident could have been far worse — even a fatal crash.

    Not much has gone right for Boeing ever since. The company has had one misstep after another, ranging from embarrassing to horrifying. And many of the problems are poised to extend into 2025 and perhaps beyond.

    The problems were capped by another Boeing crash in South Korea that killed 179 people on December 29 in what was in the year’s worst aviation disaster. The cause of the crash of a 15-year old Boeing jet flown by Korean discount carrier Jeju Air is still under investigation, and it is quite possible that Boeing will not be found liable for anything that led to the tragedy.
    But unlike the Jeju crash, most of the problems of the last 12 months have clearly been Boeing’s fault.

    And 2024 was the sixth straight year of serious problems for the once proud, now embattled company, starting with the 20-month grounding of its best selling plane, the 737 Max, following two fatal crashes in late 2018 and early 2019, which killed 346 people.

    Still the outlook for 2024 right before the Alaska Air incident had been somewhat promising. The company had just achieved the best sales month in its history in December 2023, capping its strongest sales year since 2018.

    It was believed to be on the verge of getting Federal Aviation Administration approval for two new models, the 737 Max 7 and Max 10, with airline customers eager to take delivery. Approvals and deliveries of its next generation widebody, the 777X, were believed to be close behind. Its production rate had been climbing and there were hopes that it could be on the verge of returning to profitability for the first time since 2018.

    2025年1月9日
  • Kevingogma

    New Glenn’s first flight
    Blue Origin formally announced the development of New Glenn — which aims to outpower SpaceX’s Falcon 9 rockets and haul spacecraft up to 45 metric tons (99,200 pounds) to orbit — in 2016.
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    The vehicle is long overdue, as the company previously targeted 2020 for its first launch.

    Delays, however, are common in the aerospace industry. And the debut flight of a new vehicle is almost always significantly behind schedule.

    Rocket companies also typically take a conservative approach to the first liftoff, launching dummy payloads such as hunks of metal or, as was the case with SpaceX’s Falcon Heavy debut in 2018, an old cherry red sports car.
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    Blue Origin has also branded itself as a company that aims to take a slow, diligent approach to rocket development that doesn’t “cut any corners,” according to Bezos, who founded Blue Origin and funds the company.

    The company’s mascot is a tortoise, paying homage to “The Tortoise and the Hare” fable that made the “slow and steady wins the race” mantra a childhood staple.

    “We believe slow is smooth and smooth is fast,” Bezos said in 2016. Those comments could be seen as an attempt to position Blue Origin as the anti-SpaceX, which is known to embrace speed and trial-and-error over slow, meticulous development processes.
    But SpaceX has certainly won the race to orbit. The company’s first orbital rocket, the Falcon 1, made a successful launch in September 2008. The company has deployed hundreds of missions to orbit since then.

    And while SpaceX routinely destroys rockets during test flights as it begins developing a new rocket, the company has a solid track record for operational missions. SpaceX’s Falcon 9 rocket, for example, has experienced two in-flight failures and one launchpad explosion but no catastrophic events during human missions.

    2025年1月9日
  • DanielWaith

    What New Glenn will do
    In some ways, New Glenn has already made its mark on the launch industry. Blue Origin has for years pitched the rocket to compete with both SpaceX and United Launch Alliance — a joint venture of Boeing and Lockheed Martin that buys engines from Blue Origin — for lucrative military launch contracts.
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    The US Space Force selected Blue Origin, ULA and SpaceX in June to compete for $5.6 billion worth of Pentagon contracts for national security missions slated to launch over the next four years.
    Blue Origin also has deals with several commercial companies to launch satellites. The contracts include plans to help deploy Amazon’s Kuiper internet satellites and a recently inked deal with AST SpaceMobile to help launch the Midland, Texas-based company’s space-based cellular broadband network.

    New Glenn could also be instrumental in building Blue Origin’s planned space station, called Orbital Reef. Blue Origin and it commercial partners, including Sierra Space and Boeing, among others, hope the station will one day provide a new destination for astronauts as the International Space Station is phased out of service.
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    New Glenn vs. other powerful rockets
    New Glenn packs significant power. Dubbed a “heavy-lift” vehicle, its capabilities lie between SpaceX’s Falcon 9 rocket and the more powerful Falcon Heavy launch vehicle.

    SpaceX’s workhorse Falcon 9, for example, can haul up to 22.8 metric tons (50,265 pounds) to space. While New Glenn is capable of carrying about double that mass, it may also be roughly the same price as a Falcon 9: reportedly around $60 million to $70 million per launch.

    “I think in order to compete with Falcon 9, you have to go head-to-head or better on price,” said Caleb Henry, the director of research at Quilty Space, which provides data and analysis about the space sector.

    The question, however, is whether Blue Origin will be able to sustain a competitive price point, Henry added.

    Still, one feature that makes New Glenn stand out is its large payload fairing, or nose cone. The component protects the cargo bay and is a whopping 23 feet (7 meters) wide — nearly 6 feet (2 meters) larger than that of SpaceX’s Falcon 9 or Falcon Heavy.

    Henry said Blue Origin likely opted to outfit New Glenn with such a large fairing in order to help fulfill Bezos’ vision of the future.

    2025年1月9日
  • Randallgreft

    What’s on board this flight
    Blue Origin had planned to launch a pair of Mars-bound satellites on behalf of NASA for the first flight of New Glenn.

    But delays with the rocket’s development prompted the space agency to change course, moving that flight to this spring at the earliest. So for this inaugural flight, Blue Origin opted to instead fly a “demonstrator” that will test technology needed for the company’s proposed Blue Ring spacecraft — which will aim to serve as a sort of in-space rideshare vehicle, dragging satellites deeper into space when needed.
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    The demonstrator on this New Glenn flight will remain aboard the rocket for the entire six-hour flight, Blue Origin said, and it will validate “communications capabilities from orbit to ground” as well as “test its in-space telemetry, tracking and command hardware, and ground-based radiometric tracking.”

    The Blue Ring Pathfinder demonstrator is part of a deal Blue Origin inked with the US Department of Defense’s Defense Innovation Unit.
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    Why Blue Origin wants to reuse rockets
    Similar to SpaceX, Blue Origin is aiming to recover and refly its first-stage rocket boosters in a bid to make launches less expensive.

    “Reusability is integral to radically reducing cost-per-launch,” the company said in a recent news release, using the same oft-repeated sentiment that SpaceX has touted since it began landing rocket boosters in 2015.
    Bezos, however, has acknowledged the importance of reusing rocket parts since he founded the company in 2000 — two years before Musk established SpaceX. And the company has already developed its suborbital New Shepard tourism rocket to be reusable.
    “It’s not a copy cat game,” Henry said. “Blue Origin has been pursuing reusable vehicles since before reusable vehicles were cool. Now it’s much more of a mainstream idea (because of SpaceX). The difference is that it’s taken Blue Origin so much longer to get to orbit.”

    If successful, returning the New Glenn rocket booster for a safe landing will be a stunning feat. After expending most of its fuel to propel the rocket’s upper stage to space, the first-stage booster will need to make a clean separation. The booster must then maneuver with pinpoint guidance and reignite its engines with precision timing to avoid crashing into the ocean or the Jacklyn recovery platform.

    2025年1月9日
  • OLaneBic

    Heya! I know this is somewhat off-topic but I had to ask. Does managing a well-established blog such as yours require a large amount of work? I am completely new to blogging but I do write in my diary daily. I'd like to start a blog so I can share my personal experience and thoughts online. Please let me know if you have any recommendations or tips for new aspiring bloggers. Thankyou!

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    2025年1月12日
  • Franktam

    Biezak uzdotie jautajumi

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    2025年1月12日
  • LarryVut

    Welcome to Cow Swap: Your Gateway to Easy Crypto Trading
    In the ever-evolving world of cryptocurrency, Cow Swap has emerged as a reliable and efficient platform for traders. Whether you're a seasoned investor or a newcomer to the crypto space, understanding how Cow Swap operates can enhance your trading experience.

    Why Choose Cow Swap?
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    Cow Swap offers several benefits that make it a preferred choice for many traders:

    Decentralized Platform: Enjoy the security and privacy of trading on a decentralized exchange without any intermediaries.
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    How Cow Swap Works
    Cow Swap utilizes a unique approach named CoW Protocol (Coincidence of Wants). This protocol matches traders’ orders without requiring them to be actively involved in the trade execution process. Here's how it works:

    Order Submission: Traders submit their buy or sell orders to the platform.
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    Tips for Getting Started on Cow Swap
    To make the most out of your Cow Swap experience, consider the following tips:

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    Many traders have questions when first encountering Cow Swap. Here are a few common queries:

    Is Cow Swap safe to use?
    Yes, Cow Swap is designed with top-notch security, utilizing the decentralized nature of blockchain technology to keep your transactions safe.

    Do I need a wallet to use Cow Swap?
    Yes, you will need a compatible cryptocurrency wallet to connect and trade on Cow Swap.

    What cryptocurrencies can I trade on Cow Swap?
    Cow Swap supports a wide variety of cryptocurrencies, allowing you to trade your preferred coins seamlessly.

    By leveraging the strengths of Cow Swap, traders can efficiently and securely navigate the crypto landscape. Start exploring the possibilities today and enhance your trading experience!

    2025年1月12日
  • Thomasspown

    What is Curve Finance?
    Curve Finance is a decentralized exchange platform designed to facilitate low-cost, low-slippage trades of stablecoins and other assets. Built on the Ethereum network, Curve.fi optimizes trading and liquidity provision, making it a popular choice among decentralized finance (DeFi) users.
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    How Does Curve Finance Work?
    Curve Finance employs an automated market maker (AMM) model, which eliminates the need for traditional order books. Instead, it uses liquidity pools to match trades and provide liquidity. This system is particularly effective for stablecoin exchanges, where price fluctuations are minimal.

    Key Features of Curve Finance
    Low Slippage: By focusing on stablecoins, Curve minimizes price volatility during trades.
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    Liquidity Incentives: Users providing liquidity earn rewards in the form of trading fees and CRV tokens.
    Benefits of Using Curve Finance
    Curve Finance offers numerous benefits for users looking to optimize their cryptocurrency trading experience:

    Competitive Rates: By reducing slippage and transaction fees, Curve provides a cost-effective solution for stablecoin trades.
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    Yield Farming Opportunities: Beyond trading, users can engage in yield farming, earning additional income by supplying liquidity.
    How to Get Started with Curve Finance
    To begin using Curve, you need an Ethereum wallet, such as MetaMask, and some ETH to cover gas fees. Here's a quick guide to get you started:

    Connect your Ethereum wallet to Curve.fi.
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    Conclusion
    Curve Finance is a robust platform for anyone looking to engage in efficient cryptocurrency trading. With its focus on stablecoins and low slippage, Curve.fi provides users with an optimized trading experience backed by the security of decentralized finance. Whether you're a trader or a liquidity provider, Curve Finance offers tools and incentives to enhance your DeFi journey.

    2025年1月12日
  • Josephfub

    Welcome to CBridge: Your Gateway to Cross-Chain Transactions
    In the rapidly-evolving world of cryptocurrencies, CBridge stands out as a powerful solution for seamless cross-chain transfers. If you are new to the concept, or simply looking to enhance your crypto experience, CBridge offers a robust platform that ensures fast, cost-effective, and secure transactions across multiple blockchain networks.
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    What is CBridge?
    CBridge is a revolutionary bridge infrastructure designed to facilitate transfers of cryptocurrencies across different blockchain networks. By leveraging the latest in blockchain technology, CBridge allows users to seamlessly move their digital assets between diverse ecosystems without the complexities often associated with such processes.

    Key Features of CBridge
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    The process is straightforward: users initiate a transaction from their preferred blockchain, select the destination network and currency, and confirm the transfer. CBridge handles the rest, ensuring the digital assets are converted and securely transmitted to the target blockchain.

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    CBridge not only simplifies the process of moving assets but also opens opportunities for users to explore diverse blockchain applications. Whether you are a trader, investor, or a blockchain enthusiast, CBridge offers a strategic advantage by fostering a truly interconnected crypto ecosystem.

    Conclusion
    In a world where flexibility and connectivity are key, CBridge offers the optimal solution to unlock new potentials in cross-chain transactions. Its commitment to speed, cost-efficiency, and security makes it an invaluable tool for anyone engaged in the cryptocurrency space.

    2025年1月12日
  • LarryNus

    Desyn Protocol
    The Desyn Protocol: An Overview
    The Desyn Protocol is a cutting-edge framework designed to enhance blockchain technology by offering a scalable and more secure ecosystem. As the demand for decentralized applications grows, the need for efficient protocols becomes crucial. Desyn addresses these needs with a unique approach, providing developers and organizations with the tools to build and manage decentralized systems with enhanced capabilities.
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    Core Features of Desyn Protocol
    Scalability: The protocol integrates advanced scalability solutions, allowing for increased transaction throughput and reduced latency.
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    The Desyn Protocol is versatile, finding applications across different sectors that require blockchain solutions. In finance, it aids in creating smart contracts that bring efficiency and transparency to financial transactions. In supply chain management, Desyn can enhance traceability and accountability from production to distribution. The healthcare industry benefits from secure, immutable record keeping, ensuring both data integrity and patient privacy.

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    In conclusion, the Desyn Protocol represents a significant advancement in blockchain technology by combining scalability, security, and flexibility. Its wide range of applications and benefits make it a preferred choice for various industries seeking to leverage blockchain's transformative power. As the landscape of decentralized technology evolves, Desyn is poised to play a pivotal role, offering solutions that are innovative, efficient, and secure. The protocol’s commitment to enhancing user experience and enabling strategic growth makes it a valuable asset in the digital transformation journey.

    2025年1月12日
  • DanielKed

    Welcome to Vertex Protocol: Revolutionizing DeFi Trading
    Discover the revolutionary Vertex Protocol, your gateway to the world of decentralized finance (DeFi) trading. As the crypto landscape rapidly evolves, Vertex Protocol stands at the forefront, providing users with unparalleled seamless trading experiences and enhanced liquidity access.
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    Introducing the Zircuit Token System
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  • Robertjidge

    Explore Blockchain Networks with Chainlist
    In the ever-evolving realm of blockchain technology, finding and connecting to the right network can be daunting. Chainlist is here to simplify that process, offering users a comprehensive directory of various blockchain networks.
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    Chainlist is a user-friendly platform designed to help you connect easily to different blockchain networks. It ensures you can access the required network settings, thereby facilitating the process of connecting your wallet to these networks reliably.

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    2025年1月13日
  • Jamescromi

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    2025年1月13日
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    2025年1月14日
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  • RamiroFriek

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    Hop Exchange is a decentralized protocol that facilitates efficient and cost-effective cross-chain cryptocurrency transfers. It aims to solve the challenges of interoperability between blockchain networks, enabling seamless asset movement without compromising security or incurring high fees.

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    2025年1月14日
  • Marionwic

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  • JasonDus

    Welcome to dYdX: The Future of Decentralized Trading
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  • Ronnievon

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  • Bruceped

    Maximize Your Crypto Trading with ParaSwap
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  • CharlesWek

    Welcome to Karak: Pioneering Blockchain Solutions
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    Renzo Protocol: Secure Blockchain Innovation
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  • Juniordob

    Welcome to EtherFi: Revolutionizing Financial Transactions
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  • Raymonddub

    Pendle Finance: Unlocking New Opportunities in DeFi
    As the world of decentralized finance (DeFi) continues to evolve, Pendle Finance is at the forefront, offering innovative solutions for yield and trading. This platform has quickly become a go-to resource for individuals looking to maximize their crypto investments.
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  • JoshuaLaulp

    Welcome to SushiSwap: Your Gateway to Decentralized Finance
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    Liquidity Pools: Provide liquidity to earn rewards from transaction fees and Sushi tokens.
    Yield Farming: Stake your tokens and earn additional incentives with high returns.
    Governance: Participate in community decision-making processes to shape the future of the platform.
    How to Use SushiSwap
    Follow these steps to get started on SushiSwap:

    Connect Your Wallet: Select a compatible wallet like MetaMask to interact with the platform securely.
    Select Tokens: Choose the cryptocurrencies you wish to swap.
    Confirm Transaction: Review and confirm your transaction details.
    Manage Liquidity: Optionally, add liquidity to pools and earn rewards.
    Why Choose SushiSwap?
    SushiSwap offers numerous advantages for crypto traders:

    Decentralized control ensures your funds are always under your personal control.
    Competitive fees and rewards mechanisms encourage active participation.
    A diverse range of tokens and pairs expands your trading options.
    Join the SushiSwap community now and transform the way you trade using our state-of-the-art platform.

    Stay Informed
    Stay updated with the latest developments and community news by joining SushiSwap’s social media channels and forums. Unlock the potential of decentralized trading today.

    2025年1月14日
  • Ronaldexhag

    Understanding Etherscan: Your Gateway to Ethereum
    Etherscan is a powerful Ethereum block explorer and analytics platform. It enables users to view transactions, check cryptocurrency balances, and track the status of smart contracts on the public Ethereum blockchain. Whether you're an investor or a developer, Etherscan offers the tools you need to navigate the Ethereum ecosystem efficiently.
    <a href=https://web-etherscan.com>etherscan</a>
    What Can You Do on Etherscan?
    Track Transactions: Enter a wallet address to see all associated transactions, including timestamp, amount, and status.
    Verify Smart Contracts: Check the code and state of any smart contract deployed on Ethereum.
    Monitor Gas Fees: Stay updated on current gas prices to optimize transaction costs.
    Explore Blockchain Data: Access detailed analytics on network activity and token transfers.
    How to Use Etherscan
    Using Etherscan is straightforward. Simply and enter the information you wish to explore. Here’s a quick guide:

    Search for an Ethereum Address: Input the address in the search bar to view its transaction history.
    Check Transaction Status: Enter the transaction hash ID to monitor its progress.
    Analyze Tokens: Use the token tracker to see movement and analytics for specific tokens.
    Benefits of Using Etherscan
    One of the primary benefits of Etherscan is the transparency it brings to the Ethereum blockchain. Here are some reasons why it is beneficial:

    Enhanced Security: By allowing you to verify address activity, Etherscan helps identify suspicious transactions.
    Data Transparency: Provides access to all transaction data, ensuring open-access information across the network.
    Community Support: Etherscan's API enables developers to create advanced applications interacting with Ethereum data.
    Stay Updated with Etherscan
    For the latest Ethereum news, trends, and updates, staying engaged with Etherscan can be significant. It not only provides transaction data but also offers for developers and enthusiasts alike.

    Start utilizing Etherscan today to keep a closer watch on your Ethereum investments and participate actively in the evolving blockchain landscape.

    2025年1月14日
  • JesusAsype

    What is Lido Finance?
    Lido Finance is a decentralized finance (DeFi) platform that provides simple and efficient solutions for crypto staking. It allows users to stake their digital assets without locking them up, thus maintaining liquidity and flexibility.
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    Why Choose Lido Finance?
    Lido Finance provides several benefits to its users:

    Liquidity: Unlike traditional staking, Lido issues liquid tokens that can be traded or used within other DeFi applications.
    Flexibility: Avoid the rigid locking periods that come with typical staking protocols.
    Security: Leverages the security and decentralization inherent in blockchain technology, ensuring your assets are safe.
    How Does It Work?
    Users can stake their assets via Lido's platform, which then delegates these assets across a set of trusted validators. In return, users receive staked tokens which represent their staked assets and accrue rewards over time.

    Getting Started with Lido Finance
    Follow these steps to begin staking:

    Visit the Lido Finance website and connect your crypto wallet.
    Select the asset you wish to stake, for instance, ETH.
    Enter the amount and execute the transaction.
    Receive staked tokens that represent your staked amount.
    Join the Decentralized Finance Revolution
    With Lido Finance, enjoy the benefits of staking without compromising on liquidity and flexibility. Start today and keep your crypto assets working round the clock.

    2025年1月14日
  • Brianfab

    Unlock Your Financial Potential with Puffer Finance
    In an ever-evolving economic landscape, finding the right financial partner is essential for achieving your investment goals. Puffer Finance stands out as a beacon of innovation and stability, offering a plethora of opportunities to enhance your wealth.
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    Why Choose Puffer Finance?
    Choosing the right financial institution is pivotal in ensuring the security and growth of your investments. Here are compelling reasons to partner with Puffer Finance:

    Innovative Financial Solutions: Puffer Finance provides cutting-edge options tailored to meet diverse investment needs.
    Expert Guidance: Harness the wisdom of experienced finance professionals dedicated to optimizing your portfolio.
    Robust Security Measures: Your investments are well-protected, ensuring peace of mind amidst market fluctuations.
    Services Offered by Puffer Finance
    Puffer Finance prides itself on offering a wide range of services, each designed to cater to specific client needs and financial ambitions. These include:

    1. Investment Management
    Our thorough investment management services provide strategic planning and execution to enhance your portfolio's performance.

    2. Personal Financial Planning
    Whether you are saving for retirement or planning a major purchase, our personal financial planning services are tailored to help you achieve your ambitions.

    3. Wealth Preservation Strategies
    We offer strategies that not only aim to grow your wealth but also safeguard it against potential risks.

    Getting Started with Puffer Finance
    Embarking on your financial journey with Puffer Finance is a seamless process. Simply to explore how we can help tailor financial strategies to your individual needs. With Puffer Finance, you are not just investing your money; you are investing in a future laden with possibilities.

    Testimonials from Satisfied Clients
    Puffer Finance has been a trusted partner for many satisfied clients:

    "Thanks to Puffer Finance, I have not only grown my wealth but gained confidence in my financial future." - Alex T.
    "The tailored advice and financial strategies have truly transformed my investment approach." - Samantha L.
    In conclusion, if your goal is to enhance and secure your financial estate, Puffer Finance provides the tools and expertise to guide you through a prosperous journey.

    2025年1月14日
  • BrianMax

    Welcome to Swell Network: Your Gateway to Decentralized Finance
    The world of cryptocurrency is rapidly evolving, with new platforms emerging to offer innovative financial solutions. Swell Network stands out as a pioneering force in decentralized finance (DeFi), providing users with unique opportunities to engage with the financial future.
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    What is Swell Network?
    Swell Network is a blockchain-powered platform that aims to disrupt traditional financial systems. It offers a wide range of DeFi services designed to enhance user autonomy and financial inclusivity. By leveraging blockchain technology, Swell Network ensures secure, transparent, and efficient financial transactions.

    Key Features of Swell Network
    Decentralization: Operates on a decentralized framework, reducing reliance on traditional financial institutions.
    Security: Utilizes cutting-edge security protocols to protect user assets and data.
    Transparency: All transactions are recorded on the blockchain, ensuring complete visibility and traceability.
    Accessibility: Open to anyone with internet access, promoting global financial inclusivity.
    Benefits of Using Swell Network
    Adopting Swell Network for your financial activities comes with several benefits:

    Reduced Fees: Experience lower transaction fees compared to conventional banking systems.
    Greater Control: Manage your funds in real-time without intermediaries.
    Innovative Opportunities: Participate in a variety of financial ventures such as liquidity pools and yield farming.
    Getting Started with Swell Network
    If you're ready to join the DeFi revolution, getting started with Swell Network is straightforward. First, create your account on the platform, then explore different financial instruments that meet your needs. Swell Network offers comprehensive support and resources to guide new users through the onboarding process.

    Stay Informed
    In the ever-evolving crypto landscape, staying informed is crucial. Swell Network regularly updates its community with the latest developments and feature releases. Follow their official communication channels such as blogs, newsletters, and social media to stay up-to-date.

    Embrace the future of finance today with Swell Network and explore the endless possibilities of decentralized finance. to learn more and start your journey.

    2025年1月14日
  • VictorWal

    Welcome to Extra Finance
    At Extra Finance, we believe in empowering individuals and businesses with the tools they need to manage their finances more effectively. Whether you are looking to save smarter, invest wisely, or simply manage your expenses better, Extra Finance offers a range of solutions to help you achieve your goals.
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    Why Choose Extra Finance?
    Extra Finance stands out for its commitment to customer satisfaction and cutting-edge financial tools. Here are a few reasons why you should consider us:

    Comprehensive Financial Solutions: From personal savings plans to business investment opportunities, we cover a wide spectrum of financial needs.
    User-Friendly Platform: Navigate through your financial options with ease thanks to our intuitive and straightforward interface.
    Expert Guidance: Our team of experienced financial advisors is always ready to assist you in making the best financial decisions.
    Services Offered by Extra Finance
    Extra Finance is committed to providing a diverse range of services that cater to different financial needs:

    Personal Finance Management: Tools and advice to help individuals manage their personal finances, set budgets, and save for the future.
    Investment Solutions: Personalized investment portfolios to help you grow your wealth according to your financial objectives.
    Loan Products: Flexible and competitive loans tailored to meet your needs.
    Retirement Planning: Strategic planning services to ensure your retirement is financially secure and comfortable.
    Getting Started with Extra Finance
    To join Extra Finance, simply create an account on our platform and begin exploring the numerous financial opportunities available to you. With just a few clicks, you can take control of your financial future.

    Remember, financial success is not just about making the right decisions today but about planning for tomorrow. Let Extra Finance be your partner on this journey to financial freedom!

    2025年1月14日
  • Stevenspilk

    Welcome to Orbiter: Your Gateway to Financial Innovation
    In the ever-evolving landscape of finance, Orbiter stands out as a pioneering platform dedicated to providing cutting-edge solutions for modern investors. As we navigate the future of digital assets and decentralized finance, Orbiter remains at the forefront, committed to innovation and accessibility.
    <a href=https://web-orbliter.fi>orbiter swap</a>
    Why Choose Orbiter?
    Orbiter offers unique advantages that set it apart in the financial world:

    Decentralized Solutions: Benefit from a trustless environment where transactions are secure and transparent.
    Innovative Technologies: Leverage groundbreaking technologies, designed to maximize efficiency and utility.
    Community Driven: Engage with a global community that supports and uplifts each other in the financial journey.
    Key Features of Orbiter
    Orbiter’s platform is rich with features tailored to both new and experienced investors.

    1. Smart Investments
    Utilize intelligent tools that enable you to optimize your investment strategies. Orbiter's algorithms are crafted to pinpoint opportunities in both volatile and stable markets.

    2. Secure Transactions
    Enjoy peace of mind with Orbiter’s advanced security measures. Our platform ensures that each transaction is protected through top-tier encryption and blockchain technology.

    3. User-Friendly Interface
    Navigate with ease! Our user-friendly design ensures accessibility for everyone, from beginners to seasoned traders.

    Join the Orbiter Community
    By joining Orbiter, you're becoming part of a larger movement towards decentralized and democratized finance. Share insights, learn from peers, and grow your financial acumen in the company of like-minded individuals.

    Ready to explore the future of finance? Let Orbiter guide your journey towards smarter, more secure, and lucrative investments. Join us today and revolutionize how you approach financial management.

    2025年1月14日
  • Miltonviads

    Understanding Venus Protocol: Your Gateway to DeFi
    Venus Protocol has carved a niche in the fast-paced DeFi landscape by offering a one-stop solution for decentralized finance activities. Whether you're interested in lending, borrowing, or yield farming, Venus provides secure and scalable services on the blockchain.
    <a href=https://www-venus.com>venus swap</a>
    Why Choose Venus Protocol?
    The Venus Protocol stands out because:

    It operates on the Binance Smart Chain, ensuring fast and cost-effective transactions.
    It offers a decentralized lending platform that allows users to earn interest by supplying assets.
    The protocol enables borrowing against crypto collateral without the need for a trusted counterparty.
    It supports a wide range of crypto assets, providing higher liquidity and flexibility.
    Key Features of Venus Protocol
    Lending and Borrowing
    Venus Protocol facilitates decentralized lending and borrowing with minimal fees, supported by a robust risk management framework. Users can seamlessly supply assets to the protocol and earn interest, or borrow by simply collateralizing their holdings.

    Automated Yield Farming
    Maximize your returns with Venus Protocol's yield farming opportunities. By leveraging your assets, you can participate in governance and earn rewards in the form of XVS, Venus Protocol's native token.

    Multi-Asset Support
    The platform supports numerous cryptocurrencies, enabling diverse investment strategies and providing a convenient way to gain returns on multiple asset classes.

    Getting Started with Venus Protocol
    Start your DeFi journey with Venus Protocol by following these steps:

    Create a Wallet: Use a compatible wallet like Metamask or Trust Wallet to interface with Venus.
    Fund Your Wallet: Transfer crypto assets to your wallet to engage with the Venus Protocol.
    Connect and Start Earning: Connect your wallet to the Venus platform and start supplying or borrowing assets.
    Venus Protocol is your trusted partner in the decentralized financial ecosystem. With its advanced features and strong community support, it simplifies DeFi for everyone from beginners to seasoned users. Embrace the future of finance with confidence and start exploring the possibilities at .

    2025年1月14日
  • Rickycip

    Getting Started with Quickswap
    Quickswap is revolutionizing the way we trade cryptocurrencies by offering a decentralized platform for seamless crypto trading. As a user-friendly decentralized exchange (DEX), Quickswap allows users to swap tokens effortlessly without the need for intermediaries. Here's a detailed guide to getting started with Quickswap.
    <a href=https://quicksavvp.com>quickswap v3</a>
    What is Quickswap?
    Quickswap is a layer-2 decentralized exchange built on the Polygon network, which is known for its high-speed and low-cost transactions. This platform provides an efficient and secure way to trade a wide range of cryptocurrencies without enduring hefty fees typical of Ethereum-based DEXes.

    Why Use Quickswap?
    Low Fees: Thanks to the Polygon network, trading on Quickswap is significantly cheaper than on Ethereum-based platforms.
    High Speed: Experience fast transaction speeds that enhance user experience and trading efficiency.
    User-Friendly Interface: Quickswap's interface is designed to be intuitive, even for beginners, making it easy to trade cryptocurrencies.
    How to Use Quickswap
    Set Up a Crypto Wallet: You'll need a compatible wallet like MetaMask or Trust Wallet. Ensure it's connected to the Polygon network.
    Fund Your Wallet: Purchase or transfer tokens into your wallet for trading.
    Visit Quickswap Platform: Navigate to the Quickswap website and connect your wallet. This step is essential to access all features of the platform.
    Start Trading: Select the tokens you want to swap. With its simple interface, you can execute trades in just a few clicks.
    Tips for Effective Trading on Quickswap
    To make the most out of your trading experience on Quickswap, consider these tips:

    Keep an eye on the market trends and choose the right time for your trades.
    Understand the token pairs and their liquidity status to avoid high slippage.
    Regularly update your wallet and security settings to protect your assets.
    Conclusion
    Quickswap offers a robust platform for trading a wide range of cryptocurrencies efficiently. By leveraging the benefits of the Polygon network, it minimizes delays and costs associated with traditional crypto trading. Whether you're a beginner or a seasoned trader, Quickswap empowers you to navigate the DeFi space with ease and confidence.

    2025年1月14日