The 293rd article of the Dog Token Airdrop: Before the arrival of Da Mao, please do Aark x dappOS trading mining (low loss tutorial)
If you incur losses in contracts or on the market, and want to achieve high returns with less capital in a short period, you can use trading mining to fill the gap.
Many people feel that the airdrop era may have ended, citing the conclusion of zkSync as a reason. That is just a small episode of stumbling in our careers; the market has never lacked profitable airdrops.
Today's tutorial: allows us to minimize losses, earn a little first, and then go all in after becoming familiar.
Many people believe that the era of airdrops may have ended, citing the conclusion of zkSync as a reason. That was just a minor setback in our careers; the market has never lacked profitable airdrops.
Through years of practical experience, we categorize airdrops into the following types:
- Testnet Airdrops: These airdrops have a lower distribution ratio and require a lot of time and effort, with a longer cycle;
- Mainnet Airdrops: Generally yield higher returns, require gas fees and transaction volume, involve significant investment and long cycles, and are prone to manipulation;
- Staking Airdrops: Stake BTC, ETH, stablecoins, and other mainstream tokens for returns of 10-45%. Long cycle with high capital occupancy;
- Trading Airdrops: Commonly known as trading mining, with short cycles and calculable returns;
So before we receive large airdrops, if we have incurred losses on contracts and low-quality tokens, we can use trading mining methods to recover our losses in a short time with relatively small capital.
1. Current Rewards Available
The dappOS platform recently launched the Aark event, allowing participants to share 50,000 $ARB rewards through trading mining.
- Event Duration: June 4 - June 18, 12:00 PM (UTC)
- Requirements: Orders must remain for at least 2 minutes
- Conditions: Continuous trading for 3 days without interruption
- Reward Details: In addition to the 50,000 $ARB from the dappOS platform, participants can also earn additional $esAARK and $ARB rewards
- Reward Nature: Leaderboard format
- Tutorial Focus: Low-loss hedging
https://medium.com/@dappos.com/premium-trading-competition-cb0da7ad13c1
2. About Interaction
Interaction is simple: open long and short positions. Here, we won't go into specific steps but will introduce the hedging method.
Enter the dappOS platform
- Relevant link: https://aark.dappos.com
Ranked by trading volume: Trading Volume = Margin x Leverage
- 40,000 $ARB will be shared among dappOS users based on individual trading volume/total trading volume;
- The top 10 dappOS traders by trading volume will receive 10,000 $ARB rewards (each will receive 1,000 $ARB as a bonus)
3. About Low Loss
Since Aark is a contract platform, using only one account to trade on the platform can easily lead to liquidation, which defeats the purpose of earning airdrops.
If you are manually trading, it is recommended to open two accounts for hedging. It is advisable for Account A to invite Account B, and then hedge as follows:
- Open a long position in Account A, then click Deposit; a confirmation window will pop up, do not confirm yet;
- Open Account B, open a short position, click Deposit; a confirmation window will pop up, do not confirm yet;
- Once both sides are ready, first confirm the Deposit pop-up from one side, then confirm the Deposit pop-up from the other side. This ensures that your closing transaction follows your opening transaction and prevents others from arbitraging.
Conclusion
In addition to the activities on dappOS, Aark's platform also offers other additional rewards, calculated weekly. If interested, you can check it out:
https://aarkdigital.medium.com/aark-new-token-mining-unveil-j-3cdfe2d36771
Aark is a contract platform on Arbitrum. If treated as contract trading, there are no issues. However, if we are here to complete tasks for rewards, it is advisable to hedge; otherwise, it is easy to lose everything.
