The crypto world has once again witnessed a dramatic big dump. The LAF Lafite protocol, which once claimed "a 76-fold return in a year," plummeted from $92 to $0.2 in just one night, completely collapsing. The team disappeared, and huge amounts of funds flowed into anonymous Wallets, turning the rights protection group from a celebration of profits into a scene of mourning. This script has played out repeatedly in the crypto world; the main characters may differ, but the endings are astonishingly similar.

Ultimately, it comes down to the old problem: too many people are dazzled by high interest. What you are focused on is the tempting promise of returns, while the other party is fixated on your principal. Behind this "risk-free" promise often lies huge costs and risks. When a project's profits completely depend on the influx of subsequent funds to sustain it, and when the mechanism itself lacks transparent on-chain supervision, no matter how beautifully packaged it is, it ultimately cannot escape the fate of the "death spiral."

So the question arises: in this ecosystem full of opportunities but also traps, how can ordinary investors distinguish between true and false? How can they truly protect their assets? The answer may not be that complicated—stop fantasizing about the next hundredfold coin, and instead return to the original promise of blockchain: transparency, verifiability, and decentralization.

For example, stablecoins like USDD adopt a completely different logic. It never boasts about excessive returns; instead, it builds a truly transparent stabilization mechanism through on-chain over-collateralization and real-time reserve proofs. Behind every USDD token, there is over 130% of diversified assets (such as BTC and TRX) used for on-chain collateral, with public addresses and real-time verifiable data. This kind of "stability" is not supported by team credit or late funds but is guaranteed by mathematical rules and consensus across the network. The risks are fully laid out, and you can verify them at any time. This is the trustworthy paradigm of stability.