Today I studied the genesis launch of @virtuals_io. Everyone has been talking about it recently. Here are some key points:
How to get points: mainly in two parts
Daily direct points (automatically sent to your wallet)
- Sent daily according to veVIRTUAL, VADER and yapping
Daily active points (points you must claim daily)
- Stake proxy tokens, no staking means no active points
- Then trade proxy tokens or $Virtual to get a points multiplier
- Staking locked proxy tokens can get an enhanced points multiplier
Cooldown (TP):
- If your token balance is less than the allocated balance (that is, you sold it), then the points earned within 10 days will decay to 0. This applies to tokens with green locks.
Points validity:
- Points are not permanently valid. Each points reward is valid for 14 days
Genesis Allocation Mechanism:
- Participants pledge points to compete for 37.5% share of presale token allocation.
- The more points pledged, the higher the maximum allocation potential - up to 0.5% of the total token supply per user.
- Participants pledge points to compete for 37.5% share of presale token allocation. The more points pledged, the higher the maximum allocation potential - up to 0.5% of the total token supply per user.
- Allocation is not fixed, but is determined in real time based on the total number of points pledged by all users, and excess points will be returned.
Tokenomics:
- Presale: 37.5%
- LP: 12.5%
- Development / Finance / Marketing /: 50%
Token Claim:
- Genesis tokens will not be automatically issued. After the issuance, users will claim the final allocated tokens through the user interface.
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The key points are basically written above, and then the perspective of participation!
You can see that there are basically two ways to get points, one active and one passive.
Passive is staking $virtual and $VADER and yap. In fact, this is staking mining. The score depends on the amount staked.
The active one is staking other proxy tokens, and then getting a points multiplier through trading. This is trading mining. The points earned can be increased by increasing the trading volume. @Metabape brother shares the idea like this.
The advantage of being active over passive is that you can accumulate more points in the short term and get more chips for new launch projects, so that you can eat more of the platform's early dividends, and you can withdraw better when the platform's flywheel can't turn.
In fact, this is also very similar to @binance Alpha, but this is a more complex Alpha, adding some staking and selling coins to reduce the points mechanism to reduce selling pressure and prolong the project's life. How long the project can last depends mainly on
Look at the people who come in to roll and the total increment of points and the project's income. When more people come in to mine and less benefits are distributed, the flywheel will slowly fail. Therefore, the strategy of actively brushing points and hedging is indeed more flexible. Compared to staking $VIRTUAL for two years, it can obtain income faster and withdraw better.
The above is about @virtuals_io, what do you think, welcome to leave a message in the comment area!
$VIRTUAL $AIXBT @KaitoAI #BINANCEALPHA