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수호 (Ø,G) 🧩
수호 (Ø,G) 🧩
The rewards given to 500 applicants for the DeFi app meetup were distributed yesterday in the form of locked-up HOME. To unlock it, you must either 1. accumulate XP through swaps, or 2. gather XP through Perp to unlock it. The reason why it's good to gather XP and unlock it before the end of Season 2 on the 26th is... To unlock the 25,000 HOME that is locked up, you need 250,000 XP. To gather this, unless you engage in trading without incurring losses, a significant amount of fees will be generated. To maximize profits, you should fill up 250,000 XP before the end of Season 2 to receive the locked-up HOME, and after Season 2 ends, you can receive 25,000 HOME as a reward for that. This way, you can mine HOME at a 1 + 1 ratio, which is a great deal. Now that I've shared this, the plan to minimize fees and maximize profits is... more to come. @0xtkyeo @defidotapp
수호 (Ø,G) 🧩
수호 (Ø,G) 🧩
Hello @defidotapp, I'm a professional Yapper, also known as "Dijin Nam (a guy who is serious about DeFi apps)". Three days ago, I was ranked 84th until the evening, but now I’m out of the leaderboard... My heart is really aching. From my experience using DeFi apps, I feel that the burden of XP farming is quite significant, as there are time risks and loss risks involved if you only focus on the rewards. My strategy is to farm XP without losses, so even if it takes time, I try to offset fees through Perp to make a profit... However, I have lost quite a bit... I think this is one of the harsh realities I don't want to face. The reason I mention this is that if you look at the overall rewards of DeFi apps, it is indeed beneficial to pay the fees... But is the profit I make about double compared to the time and money I invest? And am I really in a situation where I can receive the rewards I staked in the DeFi app? The "conclusion" is drawn through a combination of these complex factors. So, don't be swayed by the statement that "overall, it is beneficial"; thoroughly calculate whether it is truly beneficial in your situation before engaging in XP farming. Otherwise, you'll just waste your seed and time, and really end up with nothing. I mean it.
수호 (Ø,G) 🧩
수호 (Ø,G) 🧩
The rewards given to 500 applicants for the DeFi app meetup were distributed yesterday in the form of locked-up HOME. To unlock it, you must either 1. accumulate XP through swaps, or 2. gather XP through Perp to unlock it. The reason it's good to gather XP and unlock it before the end of Season 2 on the 26th is that... To unlock the 25,000 HOME that is locked up, you need 250,000 XP. To gather this, unless you engage in trading without incurring losses, quite a bit of fees will be generated. To maximize profits, you should fill up 250,000 XP before the end of Season 2 to receive the locked-up HOME, and after Season 2 ends, you can receive 25,000 HOME as a reward for that. This way, you can mine HOME at a 1 + 1 ratio, which is a great deal. Now that I've shared this, the plan to minimize fees and maximize profits is... more to come.
수호 (Ø,G) 🧩
수호 (Ø,G) 🧩
Hello @defidotapp, I'm a professional Yapper, also known as "Dijin Nam (a guy who is serious about DeFi apps)". Three days ago, I was ranked 84th until the evening, but now I’m out of the leaderboard... My heart is really aching. From my experience using DeFi apps, I feel that the burden of XP farming is quite significant, as there are time risks and loss risks involved if you only focus on the rewards. My strategy is to farm XP without losses, so even if it takes time, I try to offset fees through Perp to make a profit... However, I have lost quite a bit... I think this is one of the harsh realities I don't want to face. The reason I mention this is that if you look at the overall rewards of DeFi apps, it is indeed beneficial to pay the fees... But is the profit I make about double compared to the time and money I invest? And am I really in a situation where I can receive the rewards I staked in the DeFi app? The "conclusion" is drawn through a combination of these complex factors. So, don't be swayed by the statement that "overall, it is beneficial"; thoroughly calculate whether it is truly beneficial in your situation before engaging in XP farming. Otherwise, you'll just waste your seed and time, and really end up with nothing. I mean it.
Cryptking.eth 👑 🦍
Cryptking.eth 👑 🦍
🚨 Rolling with DefiApp 🏡. Finally got back to @defidotapp #4 spot on the 7 day. Pushing with DefiApp and enjoying the excitement of season 2. Sharing the alpha of Web3 that travels with you. And a $HOME flywheel that has been shrinking the supply to an amount close to 400k. Feels like we just got started. Dive in deeper: ✅ DefiApp had been bringing the heat season 2. ✅ DefiApp mobile gates are open. ✅ HOME supply has been moving and 80k+ holders are active. Lets close the season out strong. End of Season 2 push: Season 2 comes to a complete in 6 days. All the moves needed to get in are still available. Weather its on the move or on the couch, DefiApp has you. Dive deeper and finish strong with DefiApp today 🏡.

About Home (HOME)

Home (HOME) is a decentralized digital currency leveraging blockchain technology for secure transactions.

Why invest in Home (HOME)?

As a decentralized currency, free from government or financial institution control, Home is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Home involves complexity and volatility. Thorough research and risk awareness are essential before investing. Find out more about Home (HOME) prices and information here on OKX today.

How to buy and store HOME?

To buy and store HOME, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying HOME, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).

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Home FAQ

What is cryptocurrency?
Cryptocurrencies, such as HOME, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as HOME have been created as well.
Can I buy HOME on OKX?
No, currently HOME is unavailable on OKX. To stay updated on when HOME becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of HOME fluctuate?
The price of HOME fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.

Monitor crypto prices on an exchange

Watch this video to learn about what happens when you move your money to a crypto exchange.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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