Alphas - Orderly Network 👀

1⃣ When you want to accumulate merit points, use LogX to qualify for their airdrop even if the fees are high. ✨

2️⃣Make sure to complete your volume by completing the Galxe quests. This way, you will greatly optimize your reward-to-fee ratio paid for your future airdrop allocation.

Trade altcoins instead of BTC and ETH: they give more merits per volume.

4⃣Less leverage: trade with more funds instead of using high leverage (if you can) to reduce fees.

5⃣Neutral delta strategy on an altcoin: With 2 accounts or use a different platform like WoofiPro.

Ex: long SOL on WooFi, short SOL on LogX.

6⃣Delta-neutral strategy with 2 altcoins: e.g. long on OP and short on ARB. Pairs like these typically have a high correlation, so you shouldn't lose too much money if the market falls suddenly.

Stay in position for a short time but > 1min to avoid being considered as a sybil.

9️⃣Self-referencing: even if it may seem like a good idea, avoid it as it may lead to disqualification.

🔟 Experienced traders: use dex that exploits Orderly as you would normally and avoid delta-neutral if you know how to be profitable.

1️⃣1️⃣ Knowing when to stop: if you lose a lot in fees + trading loss, stop immediately. One merit point in pre-market = ~$4, so if with a trade, you can't make at least x2 of your expenses + losses (if any), it's not profitable. Also, set yourself a budget that you are willing to allocate to this opportunity and stick to it.

Recognize when it's not an opportunity for you. It's an opportunity that will pay off, but it's also the riskiest kind of opportunity.

The end of the merit points campaign ends in mid-June. TGE possibly in July, but from experience, there are very few airdrops that occur during the summer period. Expect a TGE during Q3 2024 and if earlier, even better! ☺️

For the best aphas: #TheWolfPack 🐺

If trading is for you or not, I show you step by step the airdrop opportunities that I am currently positioning myself in! There are many other interesting opportunities if you do not have trading experience.

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