Regarding a recent trading competition mechanism launched by a major exchange, some details are worth noting. A total of 8,460 spots are divided into two phases, with 4,230 seats each. This design is quite interesting—on one hand, participants can register for two events and have a chance to earn double rewards; on the other hand, compared to previous years' event scales, the number of spots per phase has been halved. From the platform's perspective, this approach can extend the trading activity cycle and create two periods of activity. However, for participants, the situation becomes more complicated. Each phase offers a reward of only 23U, but the number of competitors may not decrease. A simple calculation makes it clear that with many participants, small rewards, and limited spots, only a small portion of people can truly profit. Most others are likely just adding data to the activity. Therefore, whether to participate in such competitions depends on your own calculations.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
AirdropF5Brovip
· 4h ago
Here comes the harvest again, the quota is cut in half and the rewards are halved. The platform is guaranteed to make a profit this round.
View OriginalReply0
pvt_key_collectorvip
· 4h ago
This event design is really brilliant. Halving the quotas and adding two more sessions, the platform is quite clever. Forget it, most people are just there to pump data. The 23U reward... laughable, it's better to trade steadily on your own. Another new trick to cut leeks, this time under a different guise. Double rewards sound good, but in reality? More people are involved. This move by the platform feels like a perfect routine to me. Can't compete with top players, participating is just a loss.
View OriginalReply0
ChainProspectorvip
· 4h ago
It's the same trick again, 23U is split into two phases, the platform really knows how to play.
View OriginalReply0
LoneValidatorvip
· 4h ago
It's the same trick again, halving the quotas and giving fewer rewards, the platform is having a blast while we suffer heavy losses. --- 23U? Laughable, it's better not to participate at all. --- Two rounds of activity are just to get us to trade more; smart people have already done the math. --- Over four thousand people compete for 23U each round, the odds are even more uncertain than a lottery. --- To serve as data for the platform? I think I'll pass. --- Halving the quotas is a brilliant move, just spreading the losses among participants. --- Double rewards sound appealing, but in reality, it's double the loss. --- This move by the platform is truly damaging; will anyone still take it seriously? --- A small number of people eat the meat, while most drink the soup; the essence of the competition hasn't changed. --- With so many people sharing 23U, the average per person is really nothing.
View OriginalReply0
GateUser-44a00d6cvip
· 4h ago
It's the same trick again, cutting the quota in half and still expecting people to participate. The platform really knows how to play.
View OriginalReply0
ApeWithNoFearvip
· 4h ago
Starting to pull the same old tricks again, 23U? Probably here to scam trading volume.
View OriginalReply0
AirdropHunter9000vip
· 4h ago
Once again, they're cutting the leeks. The 23U reward still requires a life-and-death struggle to compete; I won't participate. Halving the quota means even fewer rewards, this deal isn't worth it. The double mechanism sounds appealing, but it just makes you trade twice, and you still earn the same amount. After calculating, the number of participants won't be fewer but actually more. It's really not worth it. This trick is the same every time: the platform benefits from increased trading volume while retail investors are still dreaming.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)