Recently, many people have been discussing certain innovative token projects. I think it's important to first clarify the broader context.

Let's look at the current situation—The Federal Reserve's rate cut process is clear, and the policy orientations of major global economies are now on the table. Large amounts of capital will gradually enter the market, which is a certain trend. Coupled with improving cooperation attitudes from some leading exchanges and governments around the world, as well as institutional deployment actions, the overall market tone is actually positive.

In this context, how important is Ethereum's position? It has never experienced an outage in ten years, supporting the entire ecosystem of DeFi, NFTs, and smart contracts—this is no exaggeration. Major institutions are openly entering, and industry leaders have been promoting it. Honestly, Ethereum's potential for growth is quite significant.

Some projects have chosen to deeply bind with Ethereum, which actually captures the core logic. No matter whether Ethereum's price rises or falls, holding such projects is actually a stable strategy—because the core mechanism is there. For example, flexible backing mechanisms—so long as there is trading volume, the project will accelerate deflation, with large holders actively destroying tokens to support the price. This actually reduces market selling pressure and is beneficial for market development.

Regarding mechanism design, many projects with zero tax rates just run away after a quick pump, but I believe sooner or later someone will follow the "mechanism coin" proper path. Smart contracts should not always stay at the concept of zero tax; instead, they should use transaction fees to create value, design reasonable fee structures, and help the token appreciate. Only then can such tokens have long-term prospects.

So, when I see some projects with innovative designs, I suggest studying them more carefully—don't blindly trust or blindly criticize. #Can FIL drop to 1 dollar? Is it really a worthless token? These questions are worth discussing.