If the trading contest is not done well, it will be retaliated against.
花轮
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Yesterday, Alpha had about 133,000 participants, a decrease of 3,000 from the day before. Some of the accounts were contributed by me, and after grabbing a few second phase airdrops, I resigned. I plan to refine the remaining two accounts, starting with the trading competition.
Currently, simply brushing points doesn't yield much profit. To maximize profits, you can choose to participate in the trading competition, which serves two purposes.
The tokens that can currently participate in the trading competition are basically from pools with substantial liquidity. The well-known tokens will be relatively stable during the trading competition, with basic wear and tear around 0.2%.
Taking ROAM as an example (the other three trading competition tokens have not yet registered the minimum amount), the top 12,300 participants in the trading competition can receive an airdrop of 400 ROAM, valued at 62 USD. Today's minimum trading amount to enter the ranking is 31,509 USD.
I did some calculations.
ROAM trading competition start time: June 13 - June 27, ending at 9 PM, with 5 days remaining.
I started brushing two days ago, with a daily real trading volume of 32,000, and wear and tear at 8 USD.
After brushing for three days, with five days left, roughly calculating, the wear and tear over 8 days will be 64 USD, and my trading volume will reach 256,000.
Based on previous trading competition final ranking amounts and today's ROAM entry amount, I believe I can definitely enter the trading competition. The airdrop received from the trading competition will just offset my wear and tear.
However, if you haven't started brushing yet, you will definitely need to brush a trading volume of 64,000 in the next couple of days to enter the ranking. But the total wear and tear will be the same as mine after three days of brushing, and you can still earn an extra point.
I consider myself slow to react; those who react quickly have stopped brushing except for the trading competition. However, when brushing, you must refer to the candlestick chart and choose to trade during relatively stable periods. Trading involves risks, please consider carefully.
Note: Individual trading competition tokens do not have the capability to double trading volume.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.