A recent promotion launched by a leading exchange has attracted many participants. It's necessary to do some calculations to see if participating is worth it.
Currently, the token price is around 0.27, with an official reward cap of 5,000 tokens, roughly equivalent to 1,350 USD. Based on data, the current trading volume has already exceeded 600 million, and it is expected that the total trading volume during the entire event will reach about 1.2 billion.
To earn the maximum reward, a trading volume of 2.5 million is required. This number may seem small, but from another perspective—it costs about 1,875 USD in trading fees at a 25% discount on BNB. For other trading pairs with a fee rate of 0.4, the cost is about 1,125 USD. Plus, considering price volatility (estimated at 10 points), an additional 200 USD is needed.
Adding it all up, the total cost of participating in the event is close to 1,325 USD, while the official reward cap is only 1,350 USD. This doesn't account for potential future declines in the token price. Therefore, for most participants, the costs and benefits are roughly balanced or even slightly negative.
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AirdropFreedom
· 21h ago
Another round of rug pulls. Breaking even on costs and gains still involves the risk of a price drop. Not participating is the right choice.
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AirdropLicker
· 21h ago
It's the same old routine activity, with fees eating you alive.
Damn, it turns out we're just providing free liquidity to the exchange, and they take the fees.
This crappy activity is just a front for harvesting users, I won't participate.
Break-even cost and revenue? Laughable, when the coin price drops, you suffer direct losses.
Only 13,500 rewards for a 2.5 million trading volume, outrageous.
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FloorSweeper
· 21h ago
ngl this is exactly why retail keeps getting rekt... they see "5000 token reward" and paper hands jump in without doing the math. classic trap tbh
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MEVictim
· 21h ago
Once again, it's one of those "the wool comes out of the sheep" activities, and the fees have been eaten up.
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SignatureDenied
· 21h ago
Once again, this seems like a beautiful event, but in reality, it's just a routine to harvest the little guys.
A recent promotion launched by a leading exchange has attracted many participants. It's necessary to do some calculations to see if participating is worth it.
Currently, the token price is around 0.27, with an official reward cap of 5,000 tokens, roughly equivalent to 1,350 USD. Based on data, the current trading volume has already exceeded 600 million, and it is expected that the total trading volume during the entire event will reach about 1.2 billion.
To earn the maximum reward, a trading volume of 2.5 million is required. This number may seem small, but from another perspective—it costs about 1,875 USD in trading fees at a 25% discount on BNB. For other trading pairs with a fee rate of 0.4, the cost is about 1,125 USD. Plus, considering price volatility (estimated at 10 points), an additional 200 USD is needed.
Adding it all up, the total cost of participating in the event is close to 1,325 USD, while the official reward cap is only 1,350 USD. This doesn't account for potential future declines in the token price. Therefore, for most participants, the costs and benefits are roughly balanced or even slightly negative.