#加密立法新纪元 Binance Booster Is It Worth Participating in the Second Phase -- Binance New Booster @BASCAN_io In-Depth Analysis: #caldera Is it 'Pork Leg Rice' or 'Big Hair'?
Yesterday in the group, everyone was intensely discussing, 'The new activity from Binance is here, the participation threshold is very high, it must be Big Hair,' only then did I realize that @Caldera Official 's second phase has arrived.
This time, it includes native verification and reputation layer services. In simple terms, it is a set of infrastructure used to help other applications (dApps) verify the authenticity of various information. The scope of this 'information' is very broad; it can be whether you have completed KYC certification, whether your wallet holds a specific asset, or whether you have participated in a certain on-chain activity.
We can calculate that the fully diluted valuation (FDV) at the time of public offering for BAS is $10 million, but everyone knows that the TGE of Binance Alpha will definitely be profitable, so the opening price can be referenced to similar projects on BSC -- the launch FDV of @Caldera Official ID that participated in ERA is about $50M, although Pre-TGE cannot be compared to Lauchpool. However, if we open at a valuation of 60%, BAS still has a high probability of pushing towards a starting FDV of $30M - $50M, so the profit from this TGE would be about 3 times, deducting 10 points from ALPHA credits is still acceptable, thus we can assume the opening price to be $0.003 - $0.005.
The biggest influencing factor of this Booster is that the rewards for the activity have a lock-up period:
1st-2nd Week Rewards: Unlocked on the day of TGE (Token Generation Event)
3rd-4th Week Rewards: TGE + 30 days unlock
5th-6th Week Rewards: TGE + 60 days unlock
7th-9th Week Rewards: TGE + 90 days unlock
10th-12th Week Rewards: TGE + 120 days unlock
According to the activity rules of the first week, the rewards for the first week are directly unlocked at TGE, so we can first ignore the lock-up issue.
Task three and completion rewards are obtained through a lottery, while tasks four and five are first come first served, with a total of 60,000 spots. If the final number of participants is less than 60,000, all participants will share the rewards. Therefore, we can calculate the profits as shown (the left image is for 60,000 participants, the right image is for 30,000 participants).
To be honest, when I saw this profit, I could no longer call it Pork Leg Rice. If luck is bad, a meal at the Sha County Hotel is enough.
