Speaking of the returns from the Lighter project, those who got in early indeed enjoyed significant gains. The first batch of participants generally saw returns of over 10x, which is already quite good compared to current projects. However, the costs for accounts added later increased significantly, mainly due to stricter witch protection measures. To be honest, I haven't fully understood their logic for witch detection—some say accounts from the same IP are considered witches, while others say quickly opening and closing accounts makes them easier to identify. In the end, the returns for later entrants were mostly between 2 to 3x, which significantly reduced the overall profit.

This actually illustrates a key principle: the timing of participation in a project is really crucial. During the peak hype, opportunities seem abundant, but in reality, the costs are driven up, and the profit margins are squeezed. The difference between early and late entry is quite substantial.