The point system is supposed to reward diamond hands, but currently, it seems everyone is living in fear of the 10-day hell of TP 😂 If every time you go to jail it takes 10 days, and you can only recover 30% at a time, then you need to hold for 3.40 days to break even.
For me, it's still about responding to market conditions. During periods of low market sentiment, DCA into a few promising coins to lower the overall holding cost is the way to go to have fun.
Of course, in terms of recovering points, using Virtual staking currently seems to be a good option, as at least you can grasp the recovery time.
There are indeed some areas in the current mechanism that can be optimized, such as:
1️⃣ How to resolve the high points brought by the controversial OG token of the Virtual eco.
2️⃣ The front-end display part, the sell and new investment quota + airdrop should have warning buttons.
Because the wallet's numbers are airdrop + new investment, usually when people sell, they sell everything, which leads to situations like @softlipa1018 accidentally going to jail. Given that even seasoned players encounter such issues, it's even more challenging for inexperienced newcomers in the blockchain space 😂.
I also want to share a few things I'm looking forward to. Besides @everythingempt0 hinting at updates regarding ACP tonight, there are also key summaries about the Virgen points mechanism.
1️⃣ Points are calculated based on the dollar value of the staked tokens. Even if the number of tokens you stake remains unchanged, as long as the price goes up or down, your points will be affected daily.
2️⃣ In the future, a public leaderboard will be released, allowing everyone to see the relative score rankings of all addresses daily. Instead of focusing solely on daily points, you should pay more attention to your ranking changes "among all players."
This actually refers to the difference between total score changes and your daily score changes mentioned earlier. If the score inflates and your score doesn't increase -> your ranking falls behind.
And if the score deflates and your score increases -> your ranking rises.
3️⃣ The point distribution principles for OG Agents vs Genesis Agents.
- If an agent has actual products and good fundamentals, they should receive more points under the same conditions.
- Developers (devs) should not participate in the points competition.
4️⃣ The most important part 👀 veVIRTUAL holders will gain more uses for their points:
In the future, veVIRTUAL holders will receive more functions or benefits linked to points.
This is a good thing. Based on previous shares from @Metabape, the most favorable risk-reward strategy seems to be staking $AIXBT or the recently popular $VADER, rather than Virtual, which seems a bit counterproductive.
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@ethermage also shared a chart two days ago regarding the distribution of speculative degrees among ecological players.
The further left represents the earliest Genesis tokens, while the further right represents the most recent ones.
The more red there is, the more short-term speculative players that token attracts. From a long-term perspective, the current "health level" of the Virtual ecosystem is still okay.
Because the combined proportion of 🟠🟡🟢🔵 is slowly increasing, while 🔴 is visibly decreasing.
Next, there are two factions of players: veVirtual and Yappers. The former is more faithful, while the latter has more 🔴 players. This actually sounds very reasonable (otherwise, more and more people would not want to play) 😂, which seems like a good thing.
This is actually a situation presented by a very poor market. Are all players currently in jail or still insisting on new investments? Feel free to share your thoughts.
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