Through this essay competition, I would like to ask everyone, before this listalending, how did you participate in IDOs with multiple accounts?

Here, I will share my method of participation. I have a Binance account where my BNB has been kept in a fixed deposit, although it doesn't generate much useful income, it does help me earn more points during the megadrop. So when an IDO comes, I usually mortgage the platform tokens from another platform to convert them into U, then withdraw U to the MPC wallet on Binance, and then exchange U for BNB to participate in the IDO. It's that simple; the whole process has almost no wear and tear, just make sure to open a short contract to hedge against BNB spot.

With that said, I want to mention that this year, new entrants looking to profit should have found it difficult to earn anything substantial besides Binance's IDOs, so actively participating in activities of major platforms is still very meaningful.

Do you have any good lending channels? Feel free to share.

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