2025-12-27 01:24:49

Decided to bid farewell to various incentive activities of centralized exchanges. After careful calculations, for rewards of less than 1 coin, participants scramble with each other, and the entire prize pool can be emptied in just 30 seconds, which is a bit crazy. The root cause of the problem is very clear: there are too many users trying to exploit the system, and exchanges simply cannot afford to meet everyone's expectations.

Looking at the actual returns makes it clear. Taking an activity from a leading exchange as an example, the monthly earnings are only in the tens of coins, making the input-output ratio really low. The trading competitions are even more absurd; the level of competition has skyrocketed to an outrageous height, and both the participation cost and time cost are not worth it.

Instead of wasting energy on these places, it's better to turn our attention to the on-chain space. Recently, I decided to focus on finding opportunities in emerging projects. Once a project with real potential is discovered, I will directly allocate heavy positions and participate. Although this strategy concentrates risk, the potential returns are also greater. Compared to repeatedly participating in small incentive activities, the cost-performance ratio is much higher.

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EthSandwichHero

· 5h ago

Clearing the prize pool in 30 seconds is truly amazing. Is this still called an incentive? It's basically an exchange disguised as a way to cut costs. --- Dozens of coins per month? Come on, I'd rather go all-in on new projects directly. --- It's pointless to be so competitive; better to all-in on promising on-chain projects. --- I've seen through it long ago; the days of exploiting are coming to an end. --- Instead of playing with exchanges, it's better to bet on projects with potential yourself. --- 30 seconds? Really? Then I’ll just skip it; the time cost is too high. --- I'm also fed up with the activities of top exchanges; the returns are so low it's outrageous. --- Moving to on-chain is the right choice; the risks are high but there's at least room for imagination. --- Too many exploiters make exchanges awkward; both sides are just acting. --- Only after doing the math do you realize how outrageous it is. It's really time to wake up.

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APY追逐者

· 19h ago

I've long seen through it; the incentives from exchanges are not worth wasting time on. Honestly, it's better to directly stake on promising new projects. 30 seconds to clear the prize pool—this level of competition is ridiculously intense. There are too many yield farmers, and exchanges are being pushed to the brink. On-chain mining is the right way; heavy investing in good projects is more cost-effective than petty disputes.

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AirdropCollector

· 12-27 01:53

Wow, clearing the prize pool in 30 seconds? How crazy is that, I'm impressed --- It still depends on the essence of the project. Incentive activities are just the tricks exchanges use to cut the grass --- What’s with a few dozen coins a month? When you factor in the time cost, it’s a losing game --- Agreed, instead of fighting over those scraps every day, better to go all in and find the next opportunity project --- Getting more competitive in mining, but on the other hand, the chance for new on-chain tokens is greater, though the risks are also high --- The problem is that new projects also require vision, otherwise they’ll just go to zero --- This is the hell of involution, exchanges are bloodsucking, and miners are fighting each other --- Actually, it still depends on whether you can discover truly potential projects, that’s the key --- I’m also tired of it, incentive activities are becoming more and more useless, and it’s just a waste of time

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MechanicalMartel

· 12-27 01:51

Haha, clearing the prize pool in 30 seconds, how crazy is that... It's really more exciting to go all in on a new project.

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PseudoIntellectual

· 12-27 01:47

It's true, those exchange activities are just a front for pulling the wool over people's eyes. --- Clearing the prize pool in 30 seconds made me laugh; earning monthly returns of dozens of coins still requires covering the costs myself. --- Instead of obsessing over those few candies every day, it's better to go all-in on a genuine project. --- The path of "撸毛" has indeed come to an end; with such intense competition, no one can make money. --- On-chain is the main battlefield; those incentive activities are just a waste of life. --- Top exchanges can't even afford to pay, let alone smaller ones—it's all just tricks. --- I've already left long ago; now I'm focusing on finding the next big hit. --- Time cost is the most expensive; changing your mindset really makes a difference. --- Trading competitions, even if you try your best, only earn a few small profits—it's not worth it. --- Instead of participating in a hundred events, it's better to bet on a real project; the difference in on-paper numbers is too big.

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StakoorNeverSleeps

· 12-27 01:47

Clearing the prize pool in 30 seconds, playing musical chairs here, really thinking of yourself as the boss.

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PriceOracleFairy

· 12-27 01:44

lol cefi airdrops are literally just statistical noise at this point... the liquidity dynamics got so broken that it's basically MEV extraction theater for bots now

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WhaleMistaker

· 12-27 01:39

Really, the exchange activities have long lost their meaning; they're just routines to cut leeks. 30 seconds to clear the prize pool? That's laughable, it's not even about being slow. Instead of obsessing over those few coins every day, it's better to go all-in on promising projects. Although risky, the returns are at least visible. The era of scalp trading is over; now it's about having good judgment.

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