I just tested a major exchange's "grab the profit" activity and want to discuss how this calculation works.
The rules are simple: each lottery draw requires trading $200 worth of spot assets. I tried with BNB—bought and sold $200 worth of tokens, using BNB to offset the transaction fees. In the end, it only cost about $0.3 to get one lottery chance. It sounds cheap, but here’s the problem—
If you win a small prize of 5 HOME tokens, the profit might be less than $0.10. In other words, you actually lose about $0.20. Even more frustrating, I scrolled through the community posts and found that most of the screenshots of big wins are repeated, which is quite interesting.
So the conclusion is: if you're purely participating in the lottery by trading spot assets, this activity is essentially a reverse profit for retail investors. It’s recommended to be cautious before entering.
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SybilAttackVictim
· 5h ago
0.3 dollars' cost sounds cheap, but if you end up with trash coins, you'll lose everything. This trick is really ruthless.
You've seen through the repeated posts about sharing your gains, what does that mean...
Forget it, this kind of activity is just a feast for small investors like us to be exploited.
Wait, why do I want to join again? Am I crazy?
This 0.3 dollar bait is really perfect, but once you calculate the odds, it's clear.
I've also seen the screenshots of the big prizes on the square, and they are indeed very suspicious.
Rather than gambling here, it's better to do proper trading.
Pure luck-based gambling? Not worth it.
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StableBoi
· 5h ago
Wow, reposting screenshots of big prizes? That vibe is too strong
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$0.3 per draw sounds good, but probabilities, haha
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It's the same old trick, retail investors are always the chives
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Basically, exchanges are just finding new ways to take our money
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Even anti-revenue campaigns dare to call them activities, hilarious
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I just want to know if those big prizes are real people or robots
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It’s a bit interesting, which means there’s a problem
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As expected, it’s safer not to participate in these kinds of activities
View OriginalReply0
MoonWaterDroplets
· 5h ago
Damn, it's the same old trick again. No wonder those screenshots in the plaza all look the same.
The anti-attack activities are getting more and more intense. $0.3 sounds cheap but actually results in a huge loss.
These kinds of activities are tailor-made for big players. As retail investors, we're just being fed to the wolves.
View OriginalReply0
OnChainDetective
· 5h ago
traced the wallet cluster on this... the repeated screenshots alone tell you everything. statistical pattern screams artificial prize pool manipulation. ngl, 0.3 usd per draw sounds cheap until you realize it's just negative expected value wrapped in marketing 🎯
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SerumDegen
· 6h ago
nah the math checks out... $0.3 per lottery ticket sounds like a deal until you realize 90% of prizes are worthless. classic liquidity trap disguised as airdrop farming lmao
I just tested a major exchange's "grab the profit" activity and want to discuss how this calculation works.
The rules are simple: each lottery draw requires trading $200 worth of spot assets. I tried with BNB—bought and sold $200 worth of tokens, using BNB to offset the transaction fees. In the end, it only cost about $0.3 to get one lottery chance. It sounds cheap, but here’s the problem—
If you win a small prize of 5 HOME tokens, the profit might be less than $0.10. In other words, you actually lose about $0.20. Even more frustrating, I scrolled through the community posts and found that most of the screenshots of big wins are repeated, which is quite interesting.
So the conclusion is: if you're purely participating in the lottery by trading spot assets, this activity is essentially a reverse profit for retail investors. It’s recommended to be cautious before entering.