The $ARBUS, which was originally planned to be launched last night, was also announced to have an upgrade under the official tweet of @virtuals_io, followed by a full refund of all invested Points and Virtual. The upgraded ARBUS has just been relaunched at seven o'clock. The IDO duration is 24 hours, theoretically speaking, it should be able to reap the rewards by seven o'clock tomorrow.
The popularity after the upgrade is expected to be higher than before. Under the same conditions, many previous 'paper hands' have been unlocked, and the Virtuals Protocol will also invest 42,000 Virtuals to purchase $ARBUS on the market. The purchased tokens will also be airdropped to veVIRTUAL stakers. This essentially maximizes the benefits for users who stake Virtual to obtain veVirtual. While obtaining points, users can also receive airdrops from different projects.
The currently modified 'diamond hands' rewards and 'staking rewards' still play a significant role in the entire ecosystem. The traditional method of holding coins to hedge and sell has evolved into a method of hedging, staking, and airdrops. The team has been continuously working on the overall sustainability of the project. Every new high from a new IDO project brings more market benefits for both new entrants and old users increasing their positions.
Many friends have been asking me how to maximize profits when investing Points. In fact, the IDO itself is highly influenced by 'market' expectations, much like the two projects that are launching their IDOs tonight.
Data comparison as of the time of writing:
The number of participants for $DTION is 21, corresponding to a fundraising progress of 1.62%.
The number of participants for $ARBUS is 939, corresponding to a fundraising progress of 272.47%.
In summary, a good project will make choices for you in the market, after all, there will always be someone smarter than you. These are small IDO projects without the large background of traditional projects. Projects with slightly better quality are likely to perform well during IDOs. At least for now, using hedging and staking can cover the costs.
For ordinary users like us, sometimes we really don’t need to think too much. If you are only getting Points through yaps, participating in 3-4 quality projects a month can maximize your returns. Most of the time is still spent in the process of acquiring points. For me personally, the biggest change is that I now have a new step every day, which is to check the IDO progress of projects on Virtual. If I find the progress bar is oversubscribed, I will go back to understand the project in depth, checking the chips held in the front row and the changes in historical holdings. If most of the chips in the front row are large amounts of Points investment, this project is likely to have a high multiple. After all, their 'paper hands' penalty losses are much greater than those of ordinary users.
If there are no corresponding Points when investing in the project, under the circumstances that the front row chips are concentrated and the project quality is good, one can also choose to 'dump' the project 15 minutes before it opens and quickly take a bite in the secondary market. From historical data, there is still some arbitrage space.