According to @ai_9684xtpa, the $PRAI IDO, with a participation threshold of 198 points, marks the second project with a lowered entry barrier since the launch of the points system and is the first to introduce a genuine game theory element to allocation. Unlike $RDAC, where each account received a fixed airdrop and only needed to weigh the value of 482 tokens against a 15-point deduction, $PRAI's final allocation per account depends on the total number of participants and invested funds. This means that lower participation could result in higher per-user gains, making monitoring participation data and timing entries crucial for traders seeking alpha in this IDO (source: @ai_9684xtpa, Twitter, May 14, 2025).

According to Ai 姨, a new project has emerged this year that is generating excitement similar to Ethena. The project features an innovative protocol mechanism that has been preliminarily validated by Ethena's founder and market data. It offers a smooth product interaction experience with a comfortable, medieval classical style UI/UX. The complex point system is well-thought-out and effectively filters out non-serious participants. The team is skilled in operations and has partnered with the popular project Hyperliquid. The hope is for this to be a significant opportunity in 2025.