Analyzing Binance Square Content Mining: Taking @YixingWeb3's Tweet as an Example
In today's digital age, content mining on Binance Square has sparked widespread attention and curiosity. Recently, a tweet posted by @YixingWeb3 in the field of content mining on Binance Square has caused a stir; a mere 66-word post garnered a staggering reward of 2689U, making one wonder: a single character seemingly worth 40U, truly a modern version of 'a word worth a thousand gold pieces.' What secrets lie behind this phenomenon? With this question in mind, I delved deeper.
First, let’s take a look at the basic situation of the post released by @YixingWeb3 on March 8. The full text of this post is only 66 words long, yet it achieved a reading volume of 91.1k, along with 5 likes, 12 retweets, 18 comments, and 3 shares. These figures may seem impressive at first glance, but this is merely the surface. The true key factor driving its high earnings was that a big player clicked on the $ETH link (the contentId corresponding to this link is 21276288959257). When the big player clicked this link, they placed a large spot or futures order, and according to the relevant regulations of content mining on Binance Square, this triggered a 5% commission rebate mechanism for @YixingWeb3, amounting to 448.32U.
But this is not the whole story. Why did the original reward of 448.32U eventually turn into 2689.97U? This brings us to the weekly ranking reward mechanism in the content mining rules of Binance Square. According to the regulations, if the weekly ranking is in the top 1 - 10, in addition to the basic 5% commission rebate, an extra 25% rebate can also be obtained. Adding these two together, the rebate rate reaches 30%. @YixingWeb3 was incredibly lucky, topping the weekly ranking in Binance content mining, thus ultimately receiving 2689.97U based on the 30% commission rebate rate.
Furthermore, the timing of this tweet's success is also a factor that cannot be overlooked. Driven by Cocoro, ETH experienced a surge in price. In such a market context, it became quite logical for a big player to place a large order upon seeing this tweet. This not only reflects the potential attractiveness of @YixingWeb3 in content creation but also appears to be the result of a perfect combination of effort and luck.