The project party's old man really knows how to play, first using low fees to wash, exchanging koge for zkj, then unloading, while also being able to short. Poor zkj has nurtured the leeks for so long without being able to harvest, only to be cut by koge, which is equivalent to nurturing koge.
The Mystery of High Alpha Scores -- Bugs Yet to be Resolved
Do you remember the previous announcement that only prohibited personal token issuance for trading alpha and Binance spot trades?
That announcement, which only prohibited private token issuance and did not restrict spot trading and alpha project updates, essentially granted privileges to these projects, leaving the green light on.
Many projects on alpha and Binance spot have fallen, resulting in the same outcome.
If a studio has 1,000 accounts and collaborates with alpha projects at zero cost to generate millions in trading volume, with a single airdrop of $70, they can make $280,000 in one cycle and $560,000 in two cycles a month, then the studio and project side can decide on profit distribution, hundreds of thousands of RMB. If you were the project side facing such huge profits, would you participate?
Projects on alpha or Binance spot can also personally create accounts and attract retail investors or collaborate with studios to share profits, along with services like Koge that sell liquidity pools, etc.
Huge Impact: For retail investors, this high scoring has dissuaded a large number of genuine players. For latecomer projects, earlier projects dominate the market, leading to a lack of exposure for new projects, making project sides unwilling to go on alpha, which has always impacted the overall sustainable development of alpha.
How to solve this? 1. Further prohibit other tokens from being exchanged for alpha, only counting USDT, USDC, and BNB for purchases. 2. Set a limit on the effective trading volume for each token. For example, if the effective trading volume for ZKJ is capped at 100,000, and it reaches 131,000, it will only be counted as 100,000. At this point, an additional 31,000 in other tokens needs to be generated to reach the 180,000 threshold.
Dear big shots, how many thousands did you brush in taiko yesterday? After a drop for a day, it can still rise by fifty thousand. Who among you reached fifty thousand yesterday? Please report the number + losses.