The points of a certain established protocol have been diluted too much. I spent a week doing some small-scale testing to see if it's still worth farming.
I put in $135 and got 91 points, which means each point cost $1.48. The strategy is straightforward: hedging with both XAU and BTC, so the risk is controllable.
I'll keep monitoring next week to see if there's any change in point output.
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NFTArchaeologis
· 12-09 21:41
$1.48 per point—how much would it need to be worth to break even... Looks like some kind of modern token archaeology is going on.
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SoliditySurvivor
· 12-08 06:53
A single point costs $1.48, which is a bit painful in terms of cost. It might be better to just buy directly.
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BearMarketHustler
· 12-08 06:49
$1.48 per point, this protocol kind of sucks.
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Even with two-way hedging, it still costs this much. Might as well farm somewhere else.
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Wait, are the points still depreciating? Time to cash out.
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$135 for a week of testing, these investors are really ruthless.
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XAU and BTC hedging? Wishful thinking, the risk is still huge.
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Let's see if anything changes next week, it's just not worth it right now.
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The arbitrage cost is getting higher and higher, this job is getting impossible.
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By the way, how much can you get for 91 points?
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That's how old protocols are, the early players all scattered.
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ruggedSoBadLMAO
· 12-08 06:34
$1.48 per point, this is probably just working for the protocol, LOL
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Two-way hedging sounds good, but wait, can points actually be converted to cash?
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We’ll see next week, feels like this protocol is about to go under.
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Looking at your yield, how do you still have the mood to keep grinding? I pulled out long ago.
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$135 for 91 points, this level of dilution is honestly a bit insane.
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Playing both XAU and BTC at the same time, is the risk really controllable? I’ll trust you on this one.
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MindsetExpander
· 12-08 06:32
$1.48 per point, that's quite a bit of dilution. Remember to share the results next week.
The points of a certain established protocol have been diluted too much. I spent a week doing some small-scale testing to see if it's still worth farming.
I put in $135 and got 91 points, which means each point cost $1.48. The strategy is straightforward: hedging with both XAU and BTC, so the risk is controllable.
I'll keep monitoring next week to see if there's any change in point output.