Yesterday, the rewards for the first half of the XPL event were distributed. Although it wasn't as exaggerated as the posts in the square that claimed '500U per person' or 'easily 600U', the actual gains from normal 'doing homework' were quite good.
To give an example from my participation in the event, I had previously participated in similar activities in the square and was often taken advantage of. This time, XPL offered 500 spots, and the rewards did not overlap, so there would actually be 1000 people sharing the rewards. I participated in the event again.
Because I wasn't prepared to participate at the beginning, I didn't earn any points in the first two days. Later, due to my lack of understanding of the rules, my articles were all low-quality posts, and my transactions were also minimal, so my scores in the first 10 days were very low. Additionally, during the initial phase, there were no rankings announced, and I was unaware of my position.
Later, I gradually became familiar with the rules. Each day, both long and short articles are original, and transactions reaching 1000U+ can earn 5 points. Basically, I score around 15 points every day. Due to a smaller number of fans and lower traffic, the additional points for articles are not much. Big KOLs and good articles earn more points, with a single article reaching a maximum of 100 points.
This XPL event, the project party also took out 3.5 million tokens to hold the event, which is really much better compared to other project parties. Since receiving the airdrop on September 25 last year, the average is basically 200U per person. The large number of unlocked tokens has not been used to dump the market; instead, it has continued to push the price up. It is a Layer 1 blockchain network specifically designed for stablecoins, high-performance, and compatible with EVM, valued at $500 million during the ICO in July last year.
The goal is to achieve block finality of less than 1 second and high throughput, with an automatic exchange mechanism for paying fees in USD₮/BTC, while retaining it as the core, sub-second finality (PlasmaBFT), and the security anchored to Bitcoin. After more than half a year of development, it has now reached $1 billion.
