SIREN Activity Process

Let's take the recently popular SIREN as an example.

$SIREN airdrop news is spread across the square, and interaction can earn about 100u in rewards. During the demonstration, we can clearly understand the process and conveniently earn rewards, killing two birds with one stone!

Participation Requirements

  • Event Time: From now until May 26, 2025, 20:00 (JST).

  • Result Announcement: June 1, 2025, check if you received the airdrop.

  • Task Requirement: Buy 200 $SIREN on PancakeSwap (you can sell directly after buying, with losses below 0.5u).

  • Reward: 50,000 $SIREN, randomly selecting 500 users, each receiving 100 $SIREN.

  • Event Entry: BNB Chain official event page, select the SIREN event https://dappbay.bnbchain.org/campaign

Participation Steps

  • First, enter the event page: https://dappbay.bnbchain.org/campaign/388--trade-to-win-a-share-of-50-000-siren

  • After entering the interface, click Trader 200$ SIREN on PancakeSwap, then connect your Binance Wallet. After logging in successfully, clicking Trader 200$ SIREN on PancakeSwap again will redirect you to the PancakeSwap interface.

  • Then find the settings in the interface, where you can set trading slippage, trading speed, cutoff time, and other trading functions.

  • Find the slippage limit, adjust it to 0.1%, and leave all others as default without changes. After setting, click × to close.

  • Then enter the quantity to be exchanged in the exchange box. The current displayed price is the estimated price, which is related to the liquidity of the Swap route used. Therefore, sometimes there is a large price difference. If the current price is too high, you can wait a while before exchanging again, as this is directly related to liquidity.

    • Of course, the requirement is to have at least 200 dollars to conduct the Swap transaction, so if this is BNB exchange, it needs to be about 0.31, or USDT should be about 220 dollars for exchange.

  • After a successful transaction, sell again and perform several rounds of Swap, the wear and tear consumption is about 2 dollars.

  • After completing, you will qualify for the airdrop. Due to the long activity cycle, check your wallet on June 1 to see if you received a 100 $SIREN airdrop, which will be directly distributed to the corresponding interactive wallet address.

Reducing slippage lowers the cost of gaining points

Today I encountered a very basic question, what is slippage? I don't understand why slippage can reduce the cost of gaining points.

A simple explanation is that you accept a price fluctuation range on the original price for buying. For example, for 100 u:

  • 🟢 1% slippage means a transaction price of 100 ± 1, ultimately buying between 99 to 101 dollars.

  • 🟢 0.1% slippage means a transaction price of 100 ± 0.1, ultimately buying between 99.9 to 100.1 dollars.

The results that may occur are due to liquidity issues; some have deep liquidity while others have shallow liquidity, which can lead to unsuccessful transactions.

If the available liquidity is insufficient, it will lead to orders hanging without execution, or direct transaction failures.

This reduction in slippage applies to Meme assets with high liquidity, while low liquidity assets have a high probability of not being executed.

Finally

That's all for this issue, and the reason we are using $SIREN for demonstration is very clear, there are airdrop rewards.

Additionally, the opinion of SIREN bloggers tends to be optimistic. $SIREN is the first AI Agent project deployed on the BNB Chain and one of the earliest assets selected for the Binance Alpha program. It has not only gained official liquidity and institutional holdings but also has the potential to become a leader in AI on the BNB Chain due to its technological innovation and ecological resources.

Currently, SIREN has many potential benefits, with core functionalities under development, which is a huge advantage for holders in the future. Therefore, for optimistic research, SIREN is one of the good assets to hold.