I believe you have noticed that BNB has been rising wildly today. I believe this is inseparable from BNB's new listing. Next, I will discuss with you how to list new shares and whether it is worth it.
First, let me teach you how to apply for new shares.
Open the wb3 wallet homepage and you will see
Click Explore Now to enter. You need to use a VPN here, otherwise it may load for a long time without being displayed.
After entering, there will be a deposit option. Click it and you can pledge your bnb to use for new issuance.
Now let’s discuss how much profit there is and whether it is worth entering the market now.
First, considering that the price of BNB has already risen to over 700, the risk of a decline is quite significant. If you believe that BNB will continue to rise, you don't need to hedge. However, if you are worried about a decline in BNB, I suggest you open a short position for an equivalent amount of BNB in contracts.
Now let's talk about how the returns from staking and new offerings work.
First, let's take an example. The current total amount of staked new offerings is 40,000 BNB, while only 1,000 BNB needs to be raised. This means that if I invest 1 BNB, only about 0.025 BNB will be used to purchase the new coin Shell. The rest will be returned to you after the purchase is completed, which means if I invest 700 USD to subscribe, only about 15 USD will be used to buy Shell. This is just the current amount.
Now, with a 50x oversubscription rate, I subscribed for 1 BNB, and only 0.02 BNB's share was converted to Shell. Now that Shell has launched and risen to 4 times the subscription price, selling immediately would yield a profit of 42 USD. Investing 700 USD, I earned about 42 USD, which is roughly a 5% profit. That's quite good.
However, actual returns might be lower. It seems the oversubscription rate is definitely more than 50x. Currently, the oversubscription rate is shown in the image as 3525%, which is 35 times, and it will definitely be higher later.
In summary, I estimate the profit to be around 5%. Brothers who want to invest must think carefully before jumping in; don't rush blindly. Be aware of the risk of BNB declining. The returns are only estimates and may not be accurate; they are for reference only.
Finally, I wish you all prosperity 😋😋😋