Binance just distributed the rewards for the $ERA spot trading challenge. The actual trading volume of 90,000 combined with the refund cost is around 60 USDT, airdropped 90.64 $ERA netting a profit of 40 USDT. Isn't this simpler and more straightforward than the alpha competition? Plus, you don't have to worry on the last day about not meeting the threshold and reversing the earnings?
Currently, the rewards for the spot trading challenge of $PROVE are also quite good. If you have points, you can exchange them for fee refund coupons or use the invite-a-friend reward of 100U's fee refund coupon, which is effectively free earnings.
The refund coupon may prompt a warning about risk control! However, the rewards are still issued normally (as tested), so you can easily make tens of thousands every day without overly worrying about risk control not refunding fees the next day.
Today, the selling pressure of 6 million did not cause the price crash. Let me introduce ERA here: Caldera (ERA) is a native token for the Caldera Metalayer platform, supporting cross-Rollup transaction fees, staking security mechanisms, and governance voting, and is an important driving force for building a unified Ethereum Rollup infrastructure. Transaction fees: When performing cross-Rollup or inter-chain interactions on Caldera Metalayer, use ERA to pay Gas fees.
Staking and Security: Validators must stake ERA to participate in network consensus and prevent malicious behavior.
Governance Voting: Holders can participate in protocol upgrades, parameter adjustments, and other community governance.
Ecosystem Incentives: Provide rewards for developers, liquidity providers, and users to promote ecosystem development.
Interoperable Bridge: Acts as a unified value settlement medium among multiple Ethereum Rollups.
