Wanted to share a proper @defidotapp update, in regards to XP and $HOME unlock. → Claimed: 76.38k ($2444.16) → Unlocking: 2.1k ($67.20) → Locked: 53.42k ($1709.44) → Staked: 205.1k ($6532.20) I'm still farming XP via perps, especially now that they've reduced fees to 0.01%. Also farming Hyperliquid airdrop #2 at the same time, and @base through swaps/staking. The fee to open a 20k position (20k volume) is about $10. So with this math, 1m in volume should cost around, $500. Looking at my locked HOME, I would need 530k xp to unlock (10xp:1token). Not bad since I earned about 20k (with x3 charges) over the past 2 days, spending about $50 in fees (some offset by PNL). I have 840k XP, which looking at the degen arena should get me roughly 650,000 $HOME, or ~21,000 USDc looking at token price. I don't believe you NEED to stake tokens for the extra XP boost if you trade okay with perps, as long as your trades are offsetting your fees - you just need to produce volume (sometimes easier said than done) but if you believe in the token, you might as well as until Oct 12th you are still getting a 50% rebate of HOME 1:1 to what you stake. Ultimately I think this farm is more efficient than the existing perp farms that exist atm (Lighter, Aster, etc) because of how factions are set up and your bonuses there. The points are also much much more transparent and there are far less bots pumping billions to get an airdrop.
Show original
4.14K
35
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.