I just read the rules of Seraph's Alpha event carefully several times, and I'd like to share them with you!
Let's talk about the reward pool first. The top 1,000 players will share 50,000 Seraphs, which means each player will get about 50. I looked at the current coin price, and there is still a lot of profit per person based on the current market, but after all, the coin price will fluctuate, so don't expect it too high!
I also looked at the liquidity mining in Binance Financial Management. The annualized rate seems to be higher than ordinary financial management, but it is not outrageous, and it is suitable for people who are used to playing Defi.
Here comes the point: you must calculate the cost before playing! It is recommended that you either wait until the gas fee is low to operate, or control the single transaction volume, and don't force it for the sake of ranking.
If you are accumulating Alpha points, you can participate in this wave, which is equivalent to getting two rewards with the same transaction volume, killing two birds with one stone!
To sum up: there is indeed profit space in this matter, but it is definitely not "making money with your eyes closed".
I plan to try the water with the small amount of money I usually use to play DeFi, mainly to experience the process and get some points.
Remind everyone not to get too excited, the market is volatile, and protecting the principal is better than anything else. Here is the link: www.binance.com/en/alpha/bsc/0xd6b48ccf41a62eb3891e58d0f006b19b01d50cca,
In fact, in general, the profit is still good, just do a good job of risk management.