Xphere (XP)

I only did a little XP farming on edgeX using deposits instead of points,
and it’s really lucrative... Base is like a goddess, haha.

Current PerpDEX participation status

@edgeX_exchange (XP)
- Roughly 14K points if collected fully
- Trade $100k across multiple accounts to aim for MARU lottery
- Single accounts have low volume on mobile
- Based on low volume, this week's average is about $2.4 per point
* Current XP is about 11M, and it seems it will end before reaching 15M.
Thus, roughly at FDV $1B, each point is about $3.3, so a slight drop isn’t a loss.

@grvt_io (S2)
- Roughly 12K points if collected fully
- Low volume has stopped, holding GLP & 양빵 positions to earn interest and points
- Low-volume average exceeds $16, hurting me; hedging varies widely, roughly average $8.8.
* The 11% interest is psychologically very reassuring
* With total points of 4M, at FDV $500 each point is $15, so a slight drop isn’t a loss either

@Backpack (S4 EP)
- Approximately 1.07M points if fully collected
- This is the last week for points, planning to push to a 1.1M target
- Low-volume average around $0.22, also holding some 양빵. 양빵 yields about 75 points per $10k per week.
* Points are fixed at 40M, and at FDV $1B each point is $0.6, so even if it drops a bit, it still yields profit.

It’s really a pity that the original expected Value was
- Lighter $10~20B → $3.2B, now down to $1.3B
- edgeX $5~10B → $1~1.5B
- Backpack $3~5B → $700M~$1B
It’s shrunk dramatically like this...

Interestingly, GRVT had no expected value at all, then suddenly jumped to $1B! It’s now hesitating a bit,
Still, if we count the VC investment value, that alone is $560M.

Anyway, it’s not the stage to spend money farming right now
But it’s ironic to see people just sitting around waiting for farming...
Feeling like there won’t be any loss

* Farming efficiency can vary based on individual rebate rates, point boosts, and trading strategies.