It’s that time again when the ALPHA phase bonuses are coming to an end. The new coin on #币安Alpha上新 is simply one word: Crash! This has led to a competition in transaction volume points, but the transaction fee wear and time cost incurred are not proportional to the returns from the new projects.

Retail investors get the coins and run, regardless of whether the project team survives or not. The exchanges have also seen retail investors trying various low-cost methods to minimize wear and earn a bit, but not much. If the project team does not manage to earn the listing fee ratio, the price will drop! So what should we do?

We can only change the rules again; your point weighting cannot solely depend on trading on exchanges, otherwise, the interests of all three parties will be harmed.

For instance, learn from VIRTUAL, and place more weight on obtaining points through staking to unlock new coins.

Selling new coins too early will incur a penalty mechanism. If you don’t sell, and continue to stake short-term, you can enter a compounding effect of upward accumulation.

This way, the project team earns money, the exchanges earn money, and the retail investors who worked hard for points earn money, until the influx of new participants exhausts and leads to a crash into a bear market.

Only then can the game be slightly healthier and more sustainable...