#ASTER

Exclusive investment by Binance, CZ's focus project on BSC, with multiple responses.

On-chain derivatives exchange: #ASTER空投 research.

Expected return: tenfold.

Participation link: https://www.asterdex.com/zh-TW/futures/v1/BTCUSDT?ref=0f14f3


🔥 You might think it’s very competitive and won't participate, but I believe it’s not competitive.

Most of the market's airdrop tutorials test with dozens of USDT, but I test with 10,000 USDT in real money. Real investment cost, only writing about the airdrops I actually intend to pursue! This article analyzes the ASTER profit from the perspective of personal testing and secondary research.



🎁 Expected airdrop time: early June

Reason: CMC (Binance-acquired projects) first phase LAUNCH project ends on 5-31.


First, let's talk about why it’s not competitive: What does competitive mean? Back then, with the aevo red envelope, everyone was processing hundreds of millions in transaction volume, and there were free scripts everywhere. ASTER is more talk than action; if you process a few million in transaction volume, you can account for 1% of the daily trading volume. This means that if you process a few million in transaction volume daily, you are among the top few hundred in total airdrop share. You can hardly see any influencers processing ASTER.


Personal grid testing:

Settings: Invest 10,000 USDT with a range of 103400-103700 in an arithmetic sequence of three segments (this was last night's setting; grid suggestions should be adjusted based on real-time prices).
Actual data: Rank 128, transaction volume 1.2 million USDT, RH 481K, grid earnings 200 USDT.


Processing a transaction volume of 1 million USDT puts me at rank 128. It’s clear that this project is not competitive.
Of course, there is some risk with grid trading; I am relatively lazy, so I started a grid. Next, I plan to open orders manually to increase the transaction volume more quickly. If I suggest grid trading, I can open both long and short positions. (This should avoid price risk; I will provide a conclusion after testing.)


⏳ Then, analyzing profit points from the perspective of this project being able to list on Binance spot: Generally speaking, projects with significant hype should have a circulating market value of around 100 million; if not, it should at least be 50 million. If we calculate based on an initial circulation of 20% and an airdrop share of 6%, the airdrop value is approximately 15-30 million USDT.


We calculate based on a minimum circulating market value of 50 million, with an airdrop value of 15 million USDT, and both staking and trading airdrop at 3%, making the trading airdrop valued at 7.5 million USDT. This is considered a relatively fair airdrop distribution; generally, derivatives exchanges distribute airdrops based on trading volume, which accounts for a larger share. Currently, the RU airdrop is in its 16th phase, meaning if the airdrop occurs in early June, you will have only three phases left to participate, 3/18, giving you an airdrop share of 16.6%.


Moreover, do you think 50 million circulating market value is high? APX currently has a circulating market value of 40 million, and a 3% trading airdrop is not too much; all data is calculated based on lower standards.


According to my own 481K RH share, it is 0.06%, with a daily transaction volume of 1.2 million. This means the weekly trading volume is about 0.4%, and over three weeks, that would be 0.4% X 16.6%, giving a total share of 0.06% (calculated over 18 phases). If we consider an airdrop valued at 7.5 million X 0.06%.


📈 If the circulating market value is estimated at 50 million, I can probably earn 5000 USDT.

📈 If the circulating market value is estimated at 100 million, I can probably earn 10,000 USDT.

The specific upper limit of returns depends on how much this project can be valued, on big brother's ability to generate sales, and on how many real users there are in the future.