Binance Alpha's points airdrop mode has been online for a month, and the reputation of "basic income guaranteed" of Alpha activities has gradually taken shape in the market's tireless discussions. The "money-throwing" behavior several times a week has gradually attracted people who were initially on the sidelines and pessimistic to participate, and also brought in a group of new users attracted by the income. As of May 29, Binance Alpha's daily trading volume has reached 1.76 billion US dollars.
As the market's enthusiasm for participating in Binance Alpha increases day by day, Alpha points are also rolling up. According to statistics from Twitter user @litangsongyx, in the latest Alpha event, the number of people with points ≥ 195 points is close to 80,000, and the Alpha war is gradually entering a white-hot stage.
If you want to do your work well, you must first sharpen your tools. In the current high-difficulty version environment, if you want to start participating or are trying to participate, a suitable participation strategy is what you must master. According to the current Binance Alpha activity rules and market participation, we have compiled a participation strategy that adapts to the current version for your reference.
Reduce the loss
Some people easily brush points every day and earn thousands of dollars a month, but some people struggle to catch up and finally get airdrops, but find that the airdrop income is only enough to cover the wear and tear of points, and some people even spend money and work hard, but end up losing money instead of making money. Behind this contrast, in addition to the different entry and participation times, the more important point is that everyone's control of trading wear and tear is very different.
How to use the current rules to control daily trading wear and tear to the minimum range? Please see the cheats ↓↓↓↓
1. Prioritize trading BSC assets: Currently, trading BSC chain Alpha assets can get double points, so if you are not participating in the Alpha trading competition of a specific currency (such as Sonic and Sui chain asset trading), we give priority to BSC assets when brushing points. Compared with other chain assets, BSC assets can get more points for the same trading volume (wear and tear). At the same time, this rule also attracts more liquidity into the transaction, so the transaction slippage of BSC chain tokens is relatively small.
2. Manually set transaction slippage: Binance provides "entry in the trading platform" and "wallet exchange" for Alpha transactions. The Alpha trading tool in the trading platform optimizes the transaction process, and novices can easily get started, but the disadvantage is that each transaction requires manual adjustment of slippage and transaction Gas. If you don't pay attention to these, it may cause high wear and tear; while trading in the Binance wallet, the system will match the optimal transaction path to minimize transaction slippage, and users only need to manually set a custom slippage once when trading a single currency, and can also choose to turn on MEV protection.
3. Choose different trading pairs: BSC on-chain assets are not limited to USDT trading pairs. You can try BNB trading pairs or "Alpha assets/Alpha assets" trading pairs, which may have different slippage surprises.
4. Try to choose currency transactions with range oscillation or rising trends: Since the daily trading time interval of a single account is generally controlled at about ten minutes, when choosing a specific trading currency, in addition to observing the trading volume and liquidity depth of the currency, you must also observe the specific trend of the currency price. According to the editor's actual measurement, when other conditions remain unchanged, trading tokens that are in a small-level (1-5 minute level) rising trend can minimize wear and tear (usually within 5/10,000, and sometimes even 0 wear and tear). PS: The small-level trend is unpredictable. This method requires observation while brushing, and try to complete it as quickly as possible to avoid eating a decline that causes higher wear and tear.
How many points are most suitable for daily scoring?
It is known that the Alpha event is a 15-day rolling points system, so every 15 days is a scoring cycle. So under the current rules, how many points do you need to get every day in 15 days to get a relatively suitable income? Based on the participation points threshold of the last 10 Alpha airdrops/TGEs, even for the "Sunshine-type" airdrops, the participation threshold has been raised to 190 points, which means that participants must earn at least 13 points every day. According to the points rule, for most users, to meet the 13-point threshold, at least "account balance ≥ US$100 (1 point) + daily net purchase amount ≥ US$4096 (12 points)" is required.
And 13 points a day is only enough to receive an airdrop/participate in a TGE once per cycle. Under the premise that the current single airdrop income is around 100 US dollars, it is obviously not enough to cover the daily energy and transaction wear and tear expenses to receive only 1 airdrop after 15 days of swiping. According to the previous calculation, the wear and tear of about 0.5% of each transaction, for most small capital users, within two score-brushing cycles (30 days), the following two strategies are more suitable in terms of the balance between capital demand and operation times:
1. Reserve $200 in the account, and brush the volume of BSC chain tokens through BNB transactions. The daily net purchase amount exceeds $8,192, and you can get 14 points (trading volume points) + 1 (asset points), a total of 15 points per day, 225 points in 15 days, and an average of 4-6 airdrops can be received in two score-brushing cycles
2. Reserve $1,200 in the account, and brush the volume of BSC chain tokens through BNB transactions. The daily net purchase amount exceeds $16,384, and you can get 15 points (trading volume points) + 2 (asset points), a total of 17 points per day, 255 points in 15 days, and an average of 8-10 airdrops can be received in two score-brushing cycles
3. If the deposit is ≥ 10,000 USD, you can also get 1 more point on the basis of the above brushing volume, that is, 18 points per day, 270 points in 15 days, and an average of 10-12 airdrops can be received in two brushing cycles
How to use the points appropriately?
Not only should there be a strategy in brushing points, but also in how to make good use of points.
Reasonable use of mechanism
The current frequency of Alpha activities is about 4-6 projects launched per week, and occasionally there are situations where you can participate in two projects on the same day.
Since the claim period of the event airdrop is 24 hours, based on the different conditions of choosing "receive the airdrop on the day the project is launched" or "receive the airdrop on the second day of the project launch", a mechanism similar to BUG is generated: Assuming that currently (May 29), your points are 195, and the participation threshold for today's event is 194. If you choose to receive the airdrop on May 29, under the premise that other conditions remain unchanged, your account points on May 30 will be 195-15=180 points. If the participation threshold for the event on May 30 is 190, then you will not be able to participate in the airdrop on May 30;
However, if you take advantage of this "bug" (i.e. claim the airdrop on the second day of the project launch), on May 30 you can claim both the airdrops on May 29 and May 30 with 195 points. If you do this, your account points on May 31 will be 195-30 (2 airdrops consume points) = 165 points. This is equivalent to using the bug to claim one more airdrop under the same conditions. If two Alpha events are launched on May 30, you can even claim two more airdrops under the same conditions.
Twitter user @litangsongyx created an Alpha historical event data dashboard: https://litangdingzhen.me/. The dashboard details the specific issuance and claiming information of each Alpha project based on the on-chain records, as well as the prediction of possible reissue of tokens according to the rules.
Participate in subsidy activities
In order to promote Alpha participation and support various projects launched on Alpha, Binance launched a trading competition. If the transaction volume of a specific currency reaches a certain ranking (different for each currency) within a specific time, you can get the corresponding token reward. According to the editor's actual test, it is not too difficult to enter the ranking reward while maintaining reasonable and moderate participation every day. For example, the $AIOT trading competition eventually won 230 $AIOT (about $70), which can cover most of the wear and tear caused by transactions.
In addition to trading competitions, there will also be trading reward activities for a single currency, and the threshold is usually relatively simple. For example, the $SOPH trading activity launched on May 28th can complete the entire process in a few minutes. The specific process is as follows: Enter "SOPH" in the Binance customer service window to find the event registration entrance → After successful registration, go to the BN wallet to buy $100 worth of $SOPH → Withdraw the $SOPH in the wallet to the trading platform (this step rewards 150 $SOPH) → Sell $SOPH on the trading platform (this step rewards 150 $SOPH). After completing the above operations, you can get 300 $SOPH rewards after the event, which is currently priced at around $20.
The market is unpredictable, and strategies need to be adjusted dynamically
As of May 29, the average income of each Alpha event in the current version is between $100 and $150, and the participation score threshold fluctuates between 190 and 205. As the number of participants in the Alpha event increases, the visible trend is that the participation threshold will become higher and higher, and the rewards for each event may also decrease. As an individual user, in addition to earning points carefully, you should also pay attention to the specific participation strategy and change it accordingly, and pay attention to the balance between the amount of wear and tear, time and energy expenditure, and expected benefits.
Although the bonus is valuable, pay attention to potential systemic/non-systemic risks while actively participating, DYOR.
