Ethereal distributed points; this week I hit over 1 million in volume and held my positions for over a week.
The main mistake many people make is trading limit orders. Ethereal rewards those who farm points on their platform by trading market orders. Limit orders offer few points.
• Currently, the project doesn't have a standardized number of points distributed weekly. They have the following system:
• The number of users on the platform grows —> the number of points distributed increases.
• Currently, Ethereal trading is more suitable for low- and mid-sized banks who don't have a lot of money and large volumes, due to slippage. Therefore, farming is more comfortable if you have a couple hundred or a couple thousand dollars allocated rather than a couple tens or hundreds of thousands. P.S. - My code gives you 30% REFBACK on points👇
https://t.co/flLNGm9igA
• Right now, it doesn't matter which pair you farm. I always farm BTC, sometimes ETH, but there's no point in racking up points on, say, Solana, Monad, etc.
• For holding an open position of at least 10-15k, you'll get 22% APR on your trading positions when calculating points.
• If you start farming now, you're still early, BUT! If you don't start now, it will soon be too late, and your points will be more expensive than mine and those who farm with me.
• My plan for Ethereal is to actively play it for the next 8-12 weeks and get 2-3 million points, plus wait for news from the team about whether they'll continue to distribute points at a standardized rate once a week.
• After that, I'll decide whether to continue farming or just keep holding liquid while farming funding.
• For now, I'm super bullish and farming every day—keep grinding/keep building. Less from now.
• Ask questions in the comments. Do you need a video guide on how to farm more profitably, or is everything clear? Other questions are also welcome.
@zefirium@VitalikButerin а как ты себе представляешь свою работу в украинской компании, с украинскими фаундерами, украинскими работниками, когда ты один единственный русскоговорящий там?
Let's talk seriously; I recommend reading this post to the end.
Retrodroppers, what can you farm now?
I agree that predictions and such, but perp dexes are still fun to farm; it's easy and straightforward math.
I'll tell you why Nado will be incredibly good.
First, it's a Kraken project that won't be distributing some worthless token of its own, but an exchange token.
Look at other exchange tokens and compare them to Lighter's.
Lighter's market cap is 500 million.
Bitgeth, OKX, and Kukoin's market cap is 2 yards, and that's NOW.
❗️At their peak, they were at 10 and 20b.
If you can think, I think that's enough. But I'll add another thing - a confirmed drop that you won't have to wait for years.
25%+ on the drop.
The trading volume is insane, and the alpha stage just ended, and the project goes public in 3 days.
So, if that's not enough for you, I don't know what you're doing in crypto.
For those ready to start farming, you still have 3 days to make a decent amount of money before the public launch.
Personally, I took 3 NFTs that were given for the alpha stage and will sell them for $10k+ each (I hope).
🔤Access only by codes - there are 24 spots here.
https://t.co/bEgGByZboB
https://t.co/bEgGByZboB
Further down, guys.
But don't skip this thing at all.
Let's talk seriously; I recommend reading this post to the end.
Retrodroppers, what can you farm now?
I agree that predictions and such, but perp dexes are still fun to farm; it's easy and straightforward math.
I'll tell you why Nado will be incredibly good.
First, it's a Kraken project that won't be distributing some worthless token of its own, but an exchange token.
Look at other exchange tokens and compare them to Lighter's.
Lighter's market cap is 500 million.
Bitgeth, OKX, and Kukoin's market cap is 2 yards, and that's NOW.
❗️At their peak, they were at 10 and 20b.
If you can think, I think that's enough. But I'll add another thing - a confirmed drop that you won't have to wait for years.
25%+ on the drop.
The trading volume is insane, and the alpha stage just ended, and the project goes public in 3 days.
So, if that's not enough for you, I don't know what you're doing in crypto.
For those ready to start farming, you still have 3 days to make a decent amount of money before the public launch.
Personally, I took 3 NFTs that were given for the alpha stage and will sell them for $10k+ each (I hope).
🔤Access only by codes - there are 24 spots here.
https://t.co/bEgGByZboB
https://t.co/bEgGByZboB
Further down, guys.
But don't skip this thing at all.