The TIMI Trading Competition countdown has entered the final 24 hours. According to the latest data, as of January 11, the qualifying threshold for the competition has risen to 67,058.73U, with only one day left until the deadline at 21:00 on January 12. Based on historical patterns, this number is likely to continue rising.



The seemingly attractive rewards are actually not so straightforward. Qualified winners in this competition can receive 1,370 TIMI tokens, but the current market price is less than 20U. In other words, how much cost are you willing to invest for this small return?

I did a practical calculation. Yesterday, I completed 5 trades with a total volume of 2,555U, and the trading fees alone cost 1.32U. At this rate, to reach the current 670,000 qualifying threshold, the fee cost would be as high as 35U. This does not even account for the possible further increase during the final sprint period.

Looking at the trading cost from another perspective, to complete a trading volume of 512U, you need to make 131 transactions, with a per-transaction fee of 0.11U, totaling 14.5U. Since the trading competition does not have any multiplier bonuses, this is a real expense.

Spending 35U to chase a reward of less than 20U is a losing proposition no matter how you calculate it. But there is a glimmer of hope—if calculated with 4x points, this trading volume could reach the 264,000 tier and earn 18 trading points. This part might be compensated through subsequent airdrop mechanisms. But this is just a possibility, not a guaranteed profit.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
AirdropHuntervip
· 14h ago
Oh man, this competition is really a tax on IQ. Spending 35 bucks in fees to earn 20 bucks worth of coins—this logic just doesn't make sense to me. --- It's another one of those number games. The threshold is rising so quickly, and when you jump in, you realize it's all a trap. --- Wait, does anyone really stack trading volume just for this? I need to do the math. --- No way, who can handle a 670,000 threshold? The fees are killing everyone. --- I feel like these kinds of competitions are just traffic harvesters for exchanges. --- The possibility isn't guaranteed profit; saying that is too absolute haha. --- I've done similar things before, and in the end, it just turns out to be a rhythm of getting chopped up by the market. --- That 4x points thing, can it be redeemed? Or is it just another empty promise? --- It looks very tempting, but in reality, it's all just costs. I'm choosing to wait and see. --- No wonder it still rose in the last 24 hours—that's the trick.
View OriginalReply0
InfraVibesvip
· 01-11 23:34
It's the same old trick of cutting leeks again, eating half of the profits with transaction fees.
View OriginalReply0
WinterWarmthCatvip
· 01-11 10:45
This competition is really just the old trick of cutting leeks. Spending 35U in fees to earn less than 20U worth of tokens, and praying that future airdrops can make up for it. Are you crazy?
View OriginalReply0
AirdropHarvestervip
· 01-11 10:40
Wait, exchanging 20U worth of coins with a 35U fee? That logic is really incredible haha
View OriginalReply0
NotFinancialAdvicevip
· 01-11 10:38
Damn, this fee is like a robbery, spending 35U to get 20U worth of tokens. Who designed this competition...
View OriginalReply0
RadioShackKnightvip
· 01-11 10:34
Damn, this fee withdrawal is just insane. Trading 35U for 20U worth of coins—who can handle this?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt