Today is August 14th, last Wednesday there were two phased airdrops on the same day, each worth over 100U. Today there are two TGEs, one is for pre-sale, and the other will be listed immediately after it ends. This has never been seen before.

Today there is also an airdrop project OVL, with scores and timing to be determined!

To participate in the TGE, you need to stake 3 BNB. Originally, it was only 600 to 700 U, but today it’s over 850 U, so buying three requires 2550 U. There are several ways to acquire these 3 BNB; one is to exchange directly through the wallet.

If you already hold BNB, you can just transfer it over to use. Usually, it’s only added in the last few minutes. This means that the holding time for BNB won’t be too long, but even so, BNB will fluctuate. Some people are worried that BNB will drop and choose to short 1x for hedging.

Another way is to stake on a platform to borrow coins. There’s also on-chain borrowing. I borrowed from the Binance Web3 wallet 'Venus'. The borrowing fees are extremely low. Just a few dimes. There’s no need to worry about price fluctuations. The only downside is that you need to stake a considerable amount of U. For safety, it is recommended that

the U collateral for borrowing from VENUS = value of 3 BNB / 70%. How did you acquire the BNB to participate in the TGE?

Additionally, from the last ERA event, the reward was 20.53 ERA, which was immediately sold for 20.7 U, not bad!