The popularity of Virtuals has completely surged, especially after the latest IDO $ROAST appeared yesterday, which sparked discussions even among those who previously didn't pay much attention to Virtual.

The most circulated news in the group was the tweet from @Reboottttttt, which achieved 38.5X after going live. An investment of 8U yielded an income of 308U. The corresponding contribution was 12,000 points from 2 tweets. I previously shared the way to earn points in Virtual; personally, I earned 40,000 points from a single tweet through Yaps. Now, the difficulty of earning points is quite high, and those who have participated in Virtual will definitely fall in love with this feeling.

🌟Oversubscription

If you don't love research, then you definitely shouldn't miss the oversubscribed projects!

Looking back at the data from $ROAST last night, when I wrote the tweet in the afternoon, there were 3,500 participants. By the end of the project, 5,065 people had participated. Each of these numbers corresponds to an independent wallet address.

The quality of the project itself is also quite good; yesterday, the top ten of the Virtual hackathon were introduced, and everyone was quite interested. I saw that addresses in the front row staked a lot of points, and those point holders are unlikely to suffer losses due to panic selling, so most of the liquidity is essentially “locked up.” This increases the probability of a significant rise in market liquidity.

Generally, everyone chooses to invest in oversubscribed projects. If the market heat of the project is good, and you happen to have points on hand, you can invest without hesitation; currently, it seems you won't lose much!

💫Hedging

Currently, the simplest way for ordinary users to earn points is through Yapping Points, by discussing Virtual and uploading links to earn point rewards. PS: The rewards are related to content quality, and the official said it takes 72 hours. In practice, it usually takes longer than that to receive points. So even if you don’t receive points within 72 hours, you can check back later to see if points have been credited. Points are time-limited, so pay attention to the usage time.

Apart from the rewards from Yapping Points, the most stable method is hedging.

The premise of hedging is to earn points by holding $VIRTUAL. This portion of points is actually not as fast to earn as Yapping Points, but it is consistent and stable. You can see the distribution of Pts on the Points page every day. The Pts earned from this part are permanently valid.

You can choose to buy $VIRTUAL on DEX, withdraw to your wallet to get holding rewards. At the same time, open a corresponding amount of 1x short on the DEX contract for hedging. It’s important to maintain balance, where the balance point is whether the income can cover the cost of fees. If the project’s income is not good and cannot cover the costs, you need to adjust the strategy in time. Withdraw the tokens back to DEX for sale. At the same time, close the short position.

Currently, this method of earning, from a hedging perspective, is still relatively stable.

🤡Testing

I previously mentioned the plan to test earnings through multiple accounts. So far, it is profitable. Some accounts did not manage to hedge due to low prices a few days ago, so they made money holding the spot during this vacuum period 🤣. Adding yesterday's earnings, the overall return rate is still decent. However, to avoid affecting the testing results, I still need to implement hedging later. Otherwise, the return rate would be too unrealistic; I will share with the mental stakeholders once there’s data!