Airdrop is here again! The threshold isn't high this time—just 245 points to participate. A total of 20,000 shares are waiting, with an estimated pre-market valuation of around 50U, and the actual amount received is about 40U.



But there's a very important point that must be clarified—tokens are issued on the Base chain, so never use a market order to buy directly. When transaction volume suddenly spikes on the Base chain, it can easily get congested, leading to a high failure rate for transactions and the risk of being "sandwiched" out of a few U due to slippage. I've experienced this myself.

A smarter approach is to place limit orders. Set your desired price and patiently wait for the transaction to go through. The obvious benefit is—completely avoiding unnecessary slippage losses, as the transaction price is up to you, and you can always control when to cash out. This method is especially effective on chains like Base that have congestion risks.
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
Add a comment
Add a comment
OnchainSnipervip
· 01-17 06:04
Can participate with 245 points? I really think this threshold isn't high, let's get started.

The congestion on the Base chain is really something to watch out for. Last time, I got stuck with 5 U directly—what a painful lesson.

Limit orders are brilliant, saving trouble and protecting the principal. Much more reliable than market orders.
View OriginalReply0
JustHereForAirdropsvip
· 01-16 02:00
245 points straight up, limit orders are the way to go. I've also fallen into the trap on the Base chain, don't ask me how I know.
View OriginalReply0
NonFungibleDegenvip
· 01-15 14:03
ngl base chain is literally a casino during peak hours, learned that the hard way lmao. limit orders or bust fr fr
Reply0
GovernancePretendervip
· 01-15 14:02
It's another activity on the Base chain. Last time, I lost some money with a market order, so this time I learned my lesson and used a limit order.
View OriginalReply0
TokenSleuthvip
· 01-15 13:55
The 245-point threshold is really not high; I'm just worried it might be like those airdrops that drop rapidly afterward.

I've been burned by the Base chain before—market orders directly give away money due to slippage, while limit orders are definitely safer.

Waiting again, watching the market again—forget it, I'll just goof off.
View OriginalReply0
LidoStakeAddictvip
· 01-15 13:41
It takes 245 points to participate? That's a bit of a barrier; I'm already at 240 and feeling frustrated.

Once again, the hassle of placing orders on the Base chain—forget it, I'm too lazy to bother.

Limit orders are indeed stable, but I'm just afraid I won't see the transaction happen in time.

By the way, has anyone really made money from these airdrops?
View OriginalReply0
MemecoinTradervip
· 01-15 13:38
nah the real alpha is watching plebs market sell into congestion while you casually limit order at 38U and flip it by lunch
Reply0
  • Pin