The RDO competition has recently caused dissatisfaction among some traders, as its competition mechanism seems to be disconnected from the actual market situation. Data shows that the daily trading volume of RDO in the final stage of the competition was only around 10 million, which stands in stark contrast to previous projects like AGT, BANK, and FHE. These predecessor projects maintained a daily trading scale of 200 million in the later stages, while at that time, a trading volume of only 200,000 was enough to enter the leaderboard.
In the face of such a sluggish market activity, the RDO competition has adopted a relatively aggressive reward distribution mechanism, raising questions among participants about the project team's decisions. This aggressive distribution strategy, based on limited volume, has led many participants to feel that the project team seems to have failed to properly assess the market conditions and make corresponding adjustments.
This situation has also sparked a broader discussion about the design of competition mechanisms for Web3 projects, particularly how to ensure fairness and market adaptability while maintaining competitiveness, which has become the focus of industry participants.
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.
The RDO competition has recently caused dissatisfaction among some traders, as its competition mechanism seems to be disconnected from the actual market situation. Data shows that the daily trading volume of RDO in the final stage of the competition was only around 10 million, which stands in stark contrast to previous projects like AGT, BANK, and FHE. These predecessor projects maintained a daily trading scale of 200 million in the later stages, while at that time, a trading volume of only 200,000 was enough to enter the leaderboard.
In the face of such a sluggish market activity, the RDO competition has adopted a relatively aggressive reward distribution mechanism, raising questions among participants about the project team's decisions. This aggressive distribution strategy, based on limited volume, has led many participants to feel that the project team seems to have failed to properly assess the market conditions and make corresponding adjustments.
This situation has also sparked a broader discussion about the design of competition mechanisms for Web3 projects, particularly how to ensure fairness and market adaptability while maintaining competitiveness, which has become the focus of industry participants.