Written by: Deep Tide TechFlow
The Binance Alpha points airdrop model has been online for a month, and the reputation of the Alpha event “Basic Earnings are Guaranteed” is gradually taking shape through constant discussions in the market. The weekly multiple “money-sprinkling” actions have gradually engaged those who were initially hesitant and skeptical, attracting a batch of new users drawn in by the earnings.
As of May 29, the daily trading volume of Binance Alpha has reached 1.76 billion USD.
Data source: Dune - Exclusive accurate data from Binance Alpha 2.0, Author: @pandajackson42
As market participation in Binance Alpha continues to grow, Alpha points have also skyrocketed. According to Twitter user @litangsongyx’s statistics, in the latest Alpha event, the number of people with points ≥ 195 is close to 80,000, and the Alpha war is gradually reaching a fever pitch.
If you want to do a good job, you must first sharpen your tools. In today’s difficult version environment, if you want to get started or are in the process of participating, a proper engagement strategy is a must.
Based on the current Binance Alpha activity rules and market participation conditions, we have compiled a participation strategy that adapts to the current version for your reference.
Reduce score grinding wear and tear
Some people easily earn points every day, making over a thousand dollars a month, while others struggle to accumulate points only to finally receive an airdrop, only to find that the airdrop rewards barely cover the wear and tear of accumulating points. Some even spend money and effort, ending up losing instead of gaining. Behind this contrast, aside from the different entry times, a more important point is that everyone’s control over trading wear and tear varies greatly.
How can we use the current rules to minimize daily trading wear? Please see the guide ↓↓↓↓
Priority for trading BSC assets: Currently, trading Alpha assets on the BSC chain can earn double points. Therefore, if it’s not for participating in specific coin Alpha trading competitions (such as Sonic or Sui chain asset trading), we prioritize BSC assets for scoring. Compared to assets from other chains, BSC assets can earn more points with the same trading volume (wear and tear). At the same time, this rule also attracts more liquidity into trading, so the trading slippage for BSC chain tokens is relatively low.
Manual setting of trading slippage: Binance provides “exchange entry” and “wallet exchange” methods for Alpha trading. The Alpha trading tool within the exchange has optimized the trading process, making it easy for beginners to get started. However, the downside is that each trade requires manual adjustment of slippage and trading Gas, and if these are not monitored, it may lead to higher slippage; while trading within the Binance wallet, the system will match the optimal trading path to minimize slippage, and users only need to manually set a custom slippage once for trading a single cryptocurrency, with the option to enable MEV protection.
Choose different trading pairs: BSC chain assets are not limited to USDT trading pairs, you can try BNB trading pairs or “Alpha Asset/ Alpha Asset” trading pairs, which may have different slippage surprises.
Try to choose a currency with a range of fluctuations or an upward trend: Since the time range of daily trading of a single account is generally controlled at about 10 minutes, when choosing a specific trading currency, in addition to observing the trading volume and liquidity depth of the currency, it is also necessary to observe the specific trend of the currency price. According to the editor’s measurement, under the same conditions, the trading of tokens that are in a small upward trend (1-5 minutes level) can minimize wear and tear (usually within 5 per 10,000, and sometimes 0 wear). PS: The trend of the small level is unpredictable, and it is necessary to observe while brushing to take this method, and try to complete it as quickly as possible to avoid eating and falling and causing wear and tear to become higher.
How many points is it appropriate to刷每 day?
It is known that the Alpha event follows a 15-day rolling points system, so every 15 days is a scoring cycle. Under the current rules, how many points need to be earned each day within 15 days to achieve a relatively suitable return?
Based on the participation score threshold of the recent 10 rounds of Alpha airdrops/TGEs, even for a “sunshine type” airdrop, the participation threshold has already rolled up to 190 points, indicating that participants must earn at least 13 points daily. According to the scoring rules, for most users, to meet the 13-point threshold, they need at least “account balance ≥ 100 USD (1 point) + daily net purchase amount ≥ 4096 USD (12 points).”
And with only 13 minutes each day, it is barely enough to receive an airdrop once or participate in a TGE once per cycle. Given that the current single airdrop yield is around 100 dollars, brushing for 15 days to receive just 1 airdrop is clearly insufficient to cover the daily effort and trading wear and tear expenses.
According to previous calculations, the wear and tear for each transaction is approximately 0.05%. For most small fund users, within two scoring cycles (30 days), the following two strategies are relatively suitable in balancing capital requirements and the number of operations:
Account reserve of 200 USD, use BNB trading pairs to trade BSC chain tokens for volume, with a daily net purchase limit exceeding 8192 USD, you can earn 14 points (trading volume points) + 1 point (asset points), totaling 15 points per day, accumulating 225 points over 15 days, and on average, you can receive 4-6 airdrops in two volume brushing cycles.
Account reserve 1200 USD, trade BSC chain tokens through BNB trading pairs to increase volume, with a daily net purchase limit exceeding 16384 USD, you can earn 15 points (trading volume points) + 2 points (asset points), totaling 17 points per day, accumulating 255 points over 15 days, averaging 8-10 airdrops per two volume boosting cycles.
If the deposit ≥ 10,000 USD, you can get an additional 1 point on top of the above brushing volume, which means a total of 18 points daily, accumulating 270 points over 15 days, allowing you to claim airdrops 10-12 times on average over two brushing periods.
How to use fractions appropriately?
Not only should there be a strategy for scoring points, but there are also nuances in how to make good use of points.
Make reasonable use of mechanisms
The current frequency of the Alpha activities is about 4-6 projects launched per week, with occasional instances where two projects can be participated in on the same day.
Due to the 24-hour deadline for receiving the airdrop, a mechanism similar to a BUG has emerged based on the choice of receiving the airdrop on “the day the project goes live” or “the day after the project goes live”: Suppose that currently (May 29), your points are 195, and the participation threshold for today’s event is 194. If you choose to receive the airdrop on May 29, and assuming all other conditions remain unchanged, on May 30 your account points will be 195-15=180. 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 exploit this “BUG” (that is, claiming the airdrop on the second day after the project goes live), on May 30th you can jointly receive the airdrop for both May 29th and May 30th with 195 points. If you do this, on May 31st your account points would be 195 - 30 (points consumed for 2 airdrops) = 165 points. This is equivalent to using the BUG to claim one more airdrop under the same conditions. If two Alpha events are launched on May 30th, you could even claim two more airdrops under the same conditions.
Twitter user @litangsongyx created an Alpha historical activity data dashboard: specific distribution and receipt information for the Alpha project, as well as predictions on potential token reissuance based on the rules.
Participate in the subsidy activity
In order to promote the participation enthusiasm for Alpha and support various projects launched on Alpha, Binance has launched a trading competition. During a specific period, if the trading volume of certain coins reaches a certain ranking (different for each coin), corresponding token rewards can be obtained.
According to the editor’s actual test, under the condition of maintaining reasonable and moderate participation every day, it is not too difficult to qualify for ranking rewards. For example, in the $AIOT trading competition, a total of 230 $AIOT (approximately 70 USD) was obtained, which can cover most of the wear and tear caused by trading.
In addition to trading competitions, there will also be trading reward activities for individual cryptocurrencies, with relatively simple thresholds. For example, the $SOPH trading activity launched on May 28 can be completed in just a few minutes, and the specific steps are 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 $100 worth of $SOPH → Withdraw the $SOPH from the wallet to the exchange (this step rewards 150 $SOPH) → Sell $SOPH on the spot market of the exchange (this step rewards 150 $SOPH). By completing the above operations, you can receive a reward of 300 $SOPH after the event ends, currently valued at around $20.
The market is unpredictable, dynamically adjusting strategies.
As of May 29, the average earnings for each Alpha activity in the current version range from $100 to $150, with participation point thresholds fluctuating between 190 and 205. As the number of participants in Alpha activities increases, the visible trend is that the participation threshold will become higher, and the rewards for each activity may also decrease accordingly. As individual users, while diligently earning points, it is also important to pay attention to adapting specific participation strategies, balancing capital erosion, time and energy expenditure with expected returns.
While dividends are valuable, be aware of potential systemic/non-systemic risks while actively participating. DYOR.
