[Final Sprint Stage] KiloEx is #opbnb ’s first public airdrop, and coins may be issued soon.
KiloEx is one of the 4 projects that #BinanceLabs invested in the sixth quarter, 2 of which have been listed on Binance, which can be said to have unlimited potential. The project is not very complicated, basically up to Da Mao’s standards, and everyone has a chance.
Let’s take a look at the last step, how to maximize benefits, [Wealth Password, recommended collection], the tutorial is as follows 👇
1. Project Introduction
#KiloEx is one of the projects invested by Binance Labs MVB in Season 6. It is a perpetual contract DEX based on BNB.
2. Project potential
In August 2023, Binance Labs invested in four projects, of which AltLayer and Sleepless AI were listed on Binance in the first quarter of 2024, with current market values of US$660 million and US$284 million respectively;
Judging from the projects on Binance Launchpool, the initial market value of projects listed on Binance Launchpool is generally around US$300 million. Assuming that $KILO is issued in April and May, the initial market value is estimated to be around US$300 million.
According to the $KILO token economy:
The total supply is 1 billion. According to the common situation of Web3, TGE20%, and the initial circulation is expected to be 200 million tokens. Based on the initial circulation market value of 300 million US dollars, the price of $KILO may reach 0.67U one coin.
According to token economics, 100 million tokens will be airdropped (excluding community rewards). The total expected airdrop value is US$67 million, which is a relatively large airdrop. In the initial stage, 20 million tokens will be given to airdrop users for free (TGE 20%, and the remaining tokens will be unlocked linearly every 3 months), with an initial total value of US$13.4 million.
3. How much can you earn?
Since KiloEx airdrop issuance is calculated based on points accumulation rules, it is necessary for us to calculate how many points the platform currently has.
There are many ways to calculate points. Many people like to climb the points ranking list, but if you don’t have a crawling tool, you can only count the total points of the top 100 in the rankings. I calculated based on the historical transaction volume and pledge amount on the platform dashboard that the entire platform has accumulated about 250 million points.
If we include the points sprint before the issuance of the coins and other points that I have not calculated yet, it is estimated that the total points will be 350 million by the time the coins are issued.
The white paper shows that the airdrop quota accounts for 10% of the total quota. In other words, when $KILO is listed on Binance, it is estimated that 3-6 points can be exchanged for one $KILO coin.
If you get 100,000 points before the currency is issued, it is estimated that you can redeem 10,000-30,000 $KILO coins, which are estimated to be worth several thousand U.
But you have to pay attention to the token release rules. They are not released all at once, so the airdrops are released in batches, which is a bit depressing. But you have to think about it this way. The first batch of airdrops is very small and the market volume is not very large. You can sell them when the online price is higher.
It should be noted that the official does not indicate the ratio of points to tokens. This is just an estimate before the airdrop. It is not an officially authorized calculation method. It can be used as entertainment.
Official airdrops are calculated based on points. Although the proportion is not announced, if conditions permit and you are optimistic about the project, try your best to improve your ranking.
4. Preliminary steps
Step 1. Log in to the official website
Official website: https://app.kiloex.io/trade?sCode=alhgr725m
Link the wallet and switch to the opBNB network;
Step 2. Apply for activities
Click "Activities"
Focus on opBNB’s activities, which is Bitget’s activity, so you can eat more with one fish. Wait until the end of March 27 before participating in the Manta online event;
Click "Participate" and it will prompt "Participated", which means that all your current transactions are related to the current activities;
Bitget’s event shows that it will give away an additional 10,000U, OAT and airdrop points, so every time you choose an event, pay attention to the rewards of the trading competition, which can eat more than one fish.
Click "Trade Now" to enter the transaction page, where you can trade and mine;
Step 3. Cross-chain
Since opBNB may also issue coins, and the opBNB chain often does activities, it is recommended to interact with opBNB first, which can eat more than one fish.
The cross-chain is as follows:
Click "Bridge"
Select "Use zkBridge"
From Select “BNB Chain”
To select "opBNB"
Enter the amount (the opBNB chain requires $bnb as a handling fee, so you need to cross a little bit of bnb)
Click “Apptove”
Click "Transfer"
Complete cross-chain (handling fee is about 1U)
5. Trading Tutorial
Click to trade
Select "Long" or "Short"
Set the leverage, up to 100 times
Enter the amount you want to trade (the trading volume of the airdrop will be included here, which is what others call the position)
Set take profit and stop loss thresholds
confirm
It should be noted that this is a mainnet transaction. If you don’t know how to play contracts, it is recommended not to place orders for a long time, otherwise your position will be liquidated. Our main purpose is to airdrop, just increase the trading volume, so please close the position about 5 minutes after placing the order. With good luck, the profit can cover the handling fee. The transaction process is as follows:
transaction process
After opening a position according to the above steps, two wallet confirmations are required (total gas fee: $0.011286);
We do kiloex.io airdrops mainly to boost trading volume, so we need to close positions in time;
If you want to close a position, please click "Market Price" in the closing column, and you can close the position at any time (a handling fee is required to close a position, and the current closing handling fee is $0.004852);
Click "Historical Commission" to view the handling fees and income. The profit from my transaction was 0.19U, the total handling fee was 0.2U, and the income and handling fees were basically the same.
Viewed from the above: If you are a contract expert, in addition to brushing airdrops, you may also obtain trading profits.
6. Transaction Summary
Judging from the above transaction example, I brushed a transaction volume of 200 (100 each for opening and closing), and could get 200*0.035=7 points. The handling fee for opening and closing positions here is 0.2U, so the cost of one point is 0.029U;
This is just an example. I only opened 2 times leverage. Points are calculated for opening and closing. The handling fee is calculated based on the position. For a trading volume of 1,000 for opening and a trading volume of 1,000 for closing, the handling fee is 2U in total, and the points cost is about $0.029/min.
I know that there are many novices watching my tutorials. When they play kiloex.io, they may accidentally make a little money in the contract. Many people may forget that they are here to play airdrops and just drift away, so Please be sure to understand that in the contract, although you made a lot of money one second, you may lose all your deposits the next second.
So please don’t forget your original intention. Airdrops can make money steadily, but contracts will only make you lose more.
Attachments and points rules
The 2000U of funds introduced above is completely enough if the trading volume is increased. Repeated "long and short" can earn hundreds of thousands of points, provided that the position is not liquidated.
There are other points-based ways to play, such as:
Trade for 7 consecutive days and sign in to get 28 points;
Earn 35 points for every $1,000 traded;
For every $2,000 deposited, you will get 25 points every day (you will get 25 points every day if you don’t deposit);
There are also invitation points
Cherish life and stay away from the turntable
In addition to points, you can also participate in carousel activities on the airdrop interface;
Each person can earn 20 times per day;
20 points are consumed each time;
You may get Pass WL (valuable)
But I often transfer 5 points, so there will be a loss on the wheel:
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That’s all for today. For more information, please pay attention to: Dongle
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Any airdrop can be used for multiple accounts. The multi-account tool I currently use is the fingerprint browser MoreLogin Browser. This tool is currently the only fingerprint browser for Web3 that has been approved by Manwu.
Tutorial on using fingerprint browser to open multiple pages