At this point, is Alpha still worth grinding?

Recently, many people have been shouting about quitting their jobs. Some are just casually saying it, but others are truly exhausted. Ultimately, the investment of cost, time, and energy has increased, while the returns are decreasing. Every day, researching trading pairs and optimal paths, while constantly worrying about getting caught in large orders, is exhausting.

Previously, from April to May, by sticking to the 15-16 point range and combining it with capital retention, the monthly earnings could exceed 10,000, even higher. The mentality of stable cash flow is completely different from gambling on cryptocurrencies, which is why many people are willing to grind. However, the current situation is not optimistic. According to the original post data, there are over 90,000 users on-chain scoring over 16 points daily, excluding those grinding on exchanges. Based on a median score of 16 points + 2 deposit points, in half a month, you can only claim airdrops 2-3 times, and 6 times a month. Calculating at 100U (or even lower) per claim, the monthly earnings are about 600U. After deducting about 5U daily wear and tear, the net income is only 450U, about 3000 RMB. Compared to the past where monthly income exceeded 10,000, the earnings have plummeted, and with risks and energy consumption involved, many people have chosen to exit.

Studios are still adding accounts, as they are calculating large accounts, and with a scale of hundreds of accounts, a single order of 200U net profit is still profitable, leading to continuously raised thresholds for claiming, making it difficult to lower. For individuals, whether to continue grinding depends on the expected earnings: if accepting a monthly income of 3000, one can continue; if there are other stable cash flows, it is advisable to give up, or wait until the deduction points are replenished and all airdrops are claimed before exiting. If continuing, it is suggested to grind between wallets, with the path KOGE-ZKJ mutually grinding, slippage of 0.05, 16 points wear and tear about 5U, and 17 points about 8U.

As for improvements, individuals cannot influence Binance's decisions. Although Binance has made efforts to strengthen rules and risk control, it is still difficult to limit studios. The returns from grinding Alpha have become unbalanced with the investments, and individuals need to weigh the pros and cons and make rational choices.