Guide on how to race to the top of the Alpha event combined with farming points for those who do not know, citing actual data from the top 5 coin race which are BANK, AGT, REX, PUFFER, FHE. Note that this is how I do it, not applicable to all cases, coin prices are also relatively when writing the article.
1. Prepare 1200 USDT, so we will have 2 Points/day and have 200 USDT left for farming.
2. Determine the reward value of each coin: see table 1, here the total reward is about $322.
3. See table 2: I started trading 5 coins over 3 days, and distributed the trading volume as follows, with a volume of each trade being 500$ .
- 03/06: trade each coin for $6, for example, I buy 500$ BANK, trade until the fee deducts down to 494$ , then stop and switch to another coin, total fee lost is 30$ .
- 04/06: trade each coin for $10, total loss is $50, here there is an additional trading volume/minimum trading volume table, this table will be displayed on 05/06, which is also the last day of the event, looking at the table we know which coins need more farming or to be dropped, as in the table I see that AGT has sufficient volume, Bank and Rex need more farming, Puffer and FHE need less.
- 05/06: after analyzing above, I separate coins that need more farming or to be dropped as shown in the table, losing an additional 30$ in trading fees, need to farm before 11 PM.
06/06: there are results, closely matching my reasoning, AGT is sufficient, BANK REX skyrocketed, PUFFER FHE have excess farming but it's okay because it also contributes to Alpha points.
- Conclusion: Total farming fee = $110, expected profit (will decrease significantly): 222$ , furthermore, thanks to farming, the Alpha volume points are always around 17-18 points.
Wish you all make money from this post.