Oracle currency selection: LINK, PYTH, RED, UMA, API3, which one is the most worthy of long-term investment? |EP05

Original author：南宫交易日记

Original source：https://www.youtube.com/embed/Auu-Hwoyh1E

EP05｜Oracle Track Coin Selection Oracle (Oracle) is a very important infrastructure for the entire cryptocurrency market. A large number of on-chain applications such as DeFi, perpetual contracts, stablecoins, RWA, prediction markets, etc. all require reliable off-chain data and price data. But for long-term investors, the real question worthy of study is not: "Which oracle project is the largest?" but: "If this project's business becomes larger and larger in the future, and its income becomes higher and higher, can Token truly capture the value brought by these growths?" So in this issue, I will conduct a systematic screening of the oracle track from the perspective of an investor. Key analysis in this issue: ① Chainlink (LINK) is the absolute leader in the oracle track, focusing on value capture mechanisms such as Chainlink Reserve, Payment Abstraction, LINK repurchase and SVR. ② Pyth (PYTH) is a new generation of oracle machine whose growth rate is very worthy of attention. Focus on analyzing Pyth Pro, Pyth Core, PYTH Reserve, and the future Token value capture mechanism. ③ RedStone (RED) currently has a relatively small market value, but its business scale and growth potential are worthy of attention. Focus on analyzing the relationship between RED Staking, data services, and Token and network security. ④ UMA is smaller in size and has higher odds. We focus on analyzing practical applications such as Optimistic Oracle and Polymarket, as well as the economic security value of UMA Token. ⑤ API3 high-odds project, focusing on analyzing First-party Oracle, OEV mechanism, and current problems in token value capture. At the same time, this issue will also conduct a horizontal comparison of Chronicle, DIA, BAND, Tellor and other projects. This time when selecting coins, I will not only look at TVL or TVS. Instead, a comprehensive judgment is made from multiple dimensions: Business scale ↓ Commercialization/revenue ↓ Token value capture ↓ Supply and unlocking ↓ Ecological barriers ↓ Market value odds. Final ranking: 🥇 LINK - No. 1 in certainty🥈 PYTH - Growth type 🥉 RED - High odds 4️⃣ UMA - Event type 5️⃣ API3 - Extremely high odds. Observe the core point of this issue: Just because a project is good, does not mean that its Token is definitely worth investing in. For long-term holders, what is more important is: "As the business gets better and the income gets higher, will the Token become more valuable?" This is also the core indicator that I will focus on when screening cryptocurrency projects in the future. —————————————————— ⚠️ Risk warning: The content of this video only represents personal research and opinion sharing and does not constitute any investment advice. The cryptocurrency market is characterized by high volatility and high risk. Even if the project's fundamentals are excellent, it does not mean that the token price will definitely rise. Before investing, please study the project fundamentals, Token economic model, circulation volume, unlocking plan and market risks by yourself, and make independent judgments based on your own risk tolerance. ———————————————————— 📌 Key projects in this issue: Chainlink (LINK) Pyth (PYTH) RedStone (RED) UMA API3 Chronicle DIA BAND Tellor #cryptocurrency #Crypto #Oracle #Chainlink #LINK