Original author: TechFlow
Binance Alphas points airdrop model has been online for a month, and the reputation of Alphas basic income is guaranteed has gradually taken shape in the markets tireless discussions. The money-dropping behavior several times a week has gradually attracted people who initially remained on the sidelines and were not optimistic, and also brought in a group of new users attracted by the income.
As of May 29, Binance Alpha’s daily trading volume has reached $1.76 billion.
Data source: Dune - Binance Alpha 2.0 exclusive accurate data, author: @pandajackson 42
As the markets enthusiasm for Binance Alpha grows day by day, Alpha points are also rising. According to statistics from Twitter user @litangsongyx , in the latest Alpha event, the number of people with points ≥ 195 points is close to 80,000, and the Alpha war is gradually heating up.
If you want to do your work well, you must first sharpen your tools. In the current difficult version environment, if you want to start participating or are trying to participate, a suitable participation strategy is something you must master.
Based on the current Binance Alpha activity rules and market participation, we have compiled a participation strategy that adapts to the current version for your reference.
Reduce brush wear
Some people can easily earn thousands of dollars a month by earning points every day, but some people struggle to catch up and finally get airdrops, but find that the airdrop income is only enough to cover the wear and tear of earning points. Some people even spend money and effort, but end up losing money instead of making money. Behind this contrast, in addition to the different entry time, the more important point is that everyone has a very different control over the wear and tear of trading.
How to use the current rules to minimize daily trading wear and tear? Please see the secrets↓↓↓↓
Prioritize trading BSC assets: Currently, trading Alpha assets of the BSC chain can earn double points, so if you are not participating in Alpha trading competitions for specific currencies (such as Sonic and Sui chain asset transactions), we give priority to BSC assets when brushing points. Compared with assets on other chains, BSC assets can get more points with the same trading volume (wear and tear). At the same time, this rule also attracts more liquidity into transactions, so the transaction slippage of BSC chain tokens is relatively small.
Manually set transaction slippage: Binance provides two methods for Alpha trading: Exchange entry and wallet exchange. The Alpha trading tool in the exchange optimizes the trading process, and novices can easily get started, but the disadvantage is that each transaction requires manual adjustment of slippage and transaction Gas, which may cause high wear and tear if not paid attention to; while in Binance wallet transactions, the system will match the optimal transaction path to minimize transaction slippage, and users only need to manually set a custom slippage once when trading a single currency, and can optionally turn on MEV protection.
Choose different trading pairs: BSC on-chain assets are not limited to USDT trading pairs. You can try BNB trading pairs or Alpha assets/Alpha assets trading pairs, which may bring different slippage surprises.
Try to choose currency transactions with range oscillation or rising trend: Since the daily trading time interval of a single account is generally controlled at about ten minutes, when choosing a specific currency to trade, in addition to observing the trading volume and liquidity depth of the currency, you should also observe the specific trend of the currency price. According to the editors actual measurement, when other conditions remain unchanged, trading tokens that are in a small-level (1-5 minute level) rising trend can minimize wear and tear (usually within 5/10,000, and sometimes even 0 wear and tear). PS: The trend of small levels is unpredictable. This method requires observation while brushing, and try to complete it as quickly as possible to avoid falling and causing higher wear and tear.
How many points is most appropriate every day?
It is known that the Alpha activity is a 15-day rolling points system, so every 15 days is a points brushing cycle. So under the current rules, how many points do you need to get every day in 15 days to get a relatively suitable return?
Based on the participation points threshold of the last 10 Alpha airdrops/TGEs, even for the sunshine-type airdrops, the participation threshold has been raised to 190 points, which means that participants can get at least 13 points every day. According to the points rules, for most users, to meet the 13-point threshold, at least account balance ≥ US$100 (1 point) + daily net purchase amount ≥ US$4096 (12 points) is required.
13 points a day is only enough to receive one airdrop/participate in one TGE per cycle. Under the premise that the current single airdrop income is about 100 US dollars, it is obviously not enough to receive only one airdrop in 15 days to cover the daily energy and transaction wear and tear expenses.
According to the previous calculation, the wear and tear of about 0.5% of each transaction, for most small capital users, within two score-brushing cycles (30 days), the following two strategies are more suitable in terms of the balance between capital demand and number of operations:
Reserve $200 in your account, and use BNB transactions to increase the volume of BSC chain tokens. If the daily net purchase amount exceeds $8,192, you can get 14 points (trading volume points) + 1 (asset points), a total of 15 points per day, and 225 points in 15 days. On average, you can receive 4-6 airdrops in two points-scaling cycles
Reserve $1,200 in your account, and use BNB transactions to increase the volume of BSC chain tokens. If the daily net purchase amount exceeds $16,384, you can get 15 points (trading volume points) + 2 (asset points), a total of 17 points per day, and 255 points in 15 days. On average, you can receive 8-10 airdrops in two points-scaling cycles
If the deposit is ≥ 10,000 USD, you can get 1 more point on top of the above amount, that is, 18 points per day, 270 points in 15 days, and 10-12 airdrops in two points-brushing cycles.
How to use fractions appropriately?
Not only does one need to have a strategy in gaining points, but one also needs to be careful about how to make good use of the points.
Reasonable use of mechanism
The current frequency of Alpha activities is about 4-6 projects launched per week, and occasionally there are situations where you can participate in two projects on the same day.
Since the claim period for the event airdrop is 24 hours, a BUG-like mechanism is generated based on the different conditions of claiming the airdrop on the day the project is launched or claiming the airdrop on the second day of the project launch: Assume that your points are 195 at present (May 29), and the participation threshold for todays event is 194. If you choose to claim the airdrop on May 29, under the premise that other conditions remain unchanged, your account points on May 30 will be 195-15 = 180 points. If the participation threshold for the event on May 30 is 190, then you will not be able to participate in the airdrop on May 30;
However, if you take advantage of this bug (i.e. claim the airdrop on the second day after the project goes online), you can claim both the airdrops on May 29 and May 30 with 195 points on May 30. If you do this, your account points on May 31 will be 195-30 (points consumed for 2 airdrops) = 165 points. This is equivalent to taking advantage of the bug to claim one more airdrop under the same conditions. If two Alpha activities are launched on May 30, you can even claim two more airdrops under the same conditions.
Twitter user @litangsongyx created an Alpha historical activity data dashboard: https://litangdingzhen.me/. The dashboard details the specific issuance and collection information of each Alpha project based on the on-chain records, as well as predictions on possible re-issuance of tokens based on the rules.
Participate in subsidy activities
In order to promote Alpha participation and support various projects launched on Alpha, Binance launched a trading competition. If the trading volume of a specific currency reaches a certain ranking (different for each currency) within a specific period of time, you can get the corresponding token reward.
According to the editor’s actual test, it is not too difficult to qualify for the ranking reward if you maintain reasonable and moderate daily participation. For example, in the $AIOT trading competition, you will eventually get 230 $AIOT (about 70 US dollars), which can cover the wear and tear generated by most transactions.
In addition to trading competitions, there will also be single-coin trading reward activities, and the threshold is usually relatively simple. For example, the $SOPH trading activity launched on May 28th can complete the entire process in a few minutes. The specific process is as follows: Enter SOPH in the Binance customer service window to find the event registration entrance → After successful registration, go to the BN wallet to buy $SOPH worth $100 → Withdraw $SOPH in the wallet to the exchange (this step rewards 150 $SOPH) → Sell $SOPH on the exchange (this step rewards 150 $SOPH). After completing the above operations, you can get 300 $SOPH rewards after the event ends, and the current price is about 20 US dollars.
The market is unpredictable, and strategies need to be adjusted dynamically
As of May 29, the average income from each Alpha activity in the current version is between $100 and $150, and the participation score threshold fluctuates between 190 and 205. As the number of participants in the Alpha activity increases, the visible trend is that the participation threshold will become higher and higher, and the rewards for each activity may also decrease. As an individual user, in addition to earning points carefully, you should also pay attention to the specific participation strategy and pay attention to the balance between the amount of money, time and energy expenditure and the expected income.
Although dividends are valuable, you should pay attention to potential systemic/unsystematic risks while actively participating, DYOR.
