In the face of Alpha's benefits, have you also developed anxiety about earning points?

Don't panic, small traders, let the big players worry first!

After all, even if you hold an account with over $100,000, if you don’t earn points, you’ll only get 4 points a day, accumulating to 60 points in 15 days, which isn’t even enough to qualify for today's rewards.

And 4 points correspond to a trading volume of 16U, looking at it this way, Alpha is actually quite friendly to small retail investors.

According to the rules, increasing trading volume is currently the optimal solution, but the curve of point growth is very steep. For example, when trading volume reaches $8,192, you can only get 13 points.

Therefore, how to efficiently increase trading volume and reduce losses has become key.

➤ The losses in trading mainly come from two aspects:

1) Gas fees paid to blockchain validators;

2) Transaction fees paid to on-chain DEX (which vary depending on the token trading pair).

Currently, Alpha supports four chains: BNB Chain, Ethereum, Solana, and Base.

In theory, to save on Gas fees, Base might be a good choice, but the reality is not so. Due to insufficient liquidity in on-chain token trading pairs or excessively high fees charged by liquidity providers (LP), slippage losses in trading can sometimes far exceed Gas fees.

For example: in a trade of 1000U, the actual tokens received may only be worth 999U, and when selling again, there is a loss of 1U, with fees plus slippage, the total loss may exceed 2U.

Therefore, choosing the right token is key, not just looking at the chain!

➤ How to choose tokens?

The reason for high slippage is simply insufficient liquidity in trading pairs or overly high LP fees. Therefore, we need to avoid such tokens.

Generally speaking: the higher the market cap of a token, the better the liquidity, and the deeper the trading pairs.

Specific steps to follow:

1) First, sort tokens by trading volume;

2) Check if the token's market cap and liquidity are sufficient;

3) Confirm on the purchase interface that the value of the tokens received is almost without loss (i.e., very low slippage).

➤ Things to note when trading:

1) Try to reach the target amount in one go: multiple trades will only increase slippage losses, which is not worth it.

2) Set the trading amount to at least a power of 2 + 1U: for example, $513 (512+1), to avoid having an insufficient amount after deducting Gas fees, which affects points.

3) Preferably choose amounts that are powers of 2: do not trade 1000U, as it has the same points as 512U, wasting resources. It’s better to directly increase to 1025U, which is more cost-effective.

The key to earning points lies in efficient trading and reducing losses. By choosing high market cap and high liquidity tokens, combined with reasonable trading amounts, one can easily earn points under Alpha's rules.

However, I guess, also due to the high losses on BNB Chain, which do not align with Alpha's goal of promoting BNB Chain, there may be a weight added to BNB Chain in the future.

That's all!