As an ambassador for edgeX, I've shared a lot about edgeX before. But today, I want to rationally tell my brothers: Don't FOMO! Since Aster, the growth rate in the Perp sector has exceeded any project I've seen, and many brothers have the mentality of buying the rise and not the fall, rushing into this sector. 1. Current Situation Taking edgeX as an example, before the hype started, the average weekly trading volume was 10 billion, sharing 120,000 points. Roughly, each point required 80,000 in trading volume. In the first week after the hype began, edgeX generated 18 billion in trading volume, sharing 150,000 points. Roughly, each point required 120,000 in trading volume. This week, it is expected to generate 35 billion in trading volume, sharing 150,000 points. Roughly, each point will require 230,000 in trading volume. The above points have excluded other distributions, only calculating 60% of the trading volume. So brothers, is it difficult? 2. Strategy Currently, the competition is getting fiercer, and the participation cost for brothers continues to rise. Taking this week's 230,000 trading volume as an example, it roughly requires 26 to 78 USD. To ensure that the difficulty for brothers participating later is not too high, the edgeX project team plans to lower the transaction fees for limit orders and will expand the points pool to 300,000 points. However, these two measures cannot completely offset the difficulty of point farming brought by the hype. 3. Valuation As the participation cost has increased, we also need to readjust the valuation. This week, edgeX's revenue has reached 12 million USD, showing very strong profitability. Currently, Aster's FDV is 15.5 billion, conservatively giving edgeX a FDV of 7.5 billion, with airdrops calculated at 30%, giving each point a value of 321 USD. Of course, in an extremely optimistic scenario, one should not judge based on the valuations of other projects, but rather believe that this industry has an upward ceiling, then the value of points could be astronomical. 4. Suggestions According to the calculations above, it still seems profitable. However, I want to say that there is a lot of FOMO sentiment in the current market, which is distorted. I personally suggest that everyone treat this type of product as a necessity for themselves, focusing on its experience and depth, and while using it, see if there are any additional gains. Do not set overly high expectations for yourself to FOMO. Next, the official plan is to adjust the limit fee for VIP1 from 0.013 to 0.011, and if you register using the link I recommended, you will get a 10% discount, making it 0.009. The adjustment will take effect during the next version update. 10% discount rate link:
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