😌 EdgeX Pre-TGE (Season 2) Summary and Farming Guide ✔ We've briefly reviewed EdgeX updates and farming methods, which will continue the Pub Deck meta. The rewards are surprisingly good, so it's worth a try. 1⃣ Edge TGE: February 3rd? March 3rd? March 31st? 🟢Late last month, the EdgeX team announced that the TGE would be delayed until at least the end of March, citing market conditions and volatility as the primary reason. 🟢However, on the 7th of this week, they announced the start of a Pre-TGE season, or mini-season, and shared that token distribution will be determined based on the TGE date. 🟢The distribution is 2% for launches before February 3rd, 3.5% for launches before March 3rd, and 5% for launches before March 31st. 2⃣ XP Price Summary and Mining Method Summary 🟢 Pre-TGE officially began this week, but last week was designated as a hidden week, so the season will last up to 12 weeks for the TGE on March 31st. 🟢 Assuming 1.6M XP is distributed weekly, we calculated that by adding the base 700,000 and 12*1.6M, we will distribute approximately 2 million XP. 🟢 Furthermore, since the TGE on March 31st will distribute 5% of the tokens, dividing 50M, or 5% of the total 1B $EDGE supply, by 2 million, we get 2.5 $EDGE per XP. 🟢 Ultimately, the value per XP is the FDV of EDGE multiplied by 2.5. For example, if EDGE reaches 2 billion, it becomes $5 per XP. 3⃣ XP Farming: What's the Most Effective? 🟢 There are three main types of farming available to the average user: depositing in the eLP vault, building trading volume, and holding Ether spot. 🟢 Of the weekly XP distribution, 60% comes from trading volume (3x multiplier for spot trading), 10% from futures losses, 10% from eLP deposits, and 20% from referrals. 🟢 For new users seeking low-risk rewards, rather than earning through referrals, we recommend depositing stablecoins in eLP or holding Ether spot. For more aggressive farming, burn through fees through futures trading. 4⃣ Risk-Free Farming and 25-35% Ether Spot Farming 🟢t.me/PuppyPapa_1/1267 <- It might be helpful to refer to the previous eLP explanation. eLP offers a nearly risk-free return of approximately 20-30%. It's similar now, and the appeal lies in the XP rewards. 🟢However, since volume trading rewards more points, you can earn approximately 25-35% by either 1. holding Ether spot, or 2. hedging the same amount with futures after holding Ether spot. 🟢Since 1 XP and 20 Maru are paid daily for every $5,000 invested, based on Edge FDV of 1 Bill and Maru of 500 Mill, 2.5 + 1 = $3.50 is paid daily as interest on $5,000 invested. 🟢Converted to an annualized rate of 25.55%, this assumes Edge FDV reaches 1 Bill. If it were to rise further, it would easily exceed 50%. 5⃣ You absolutely must try edgeX Pre-TGE 🟢 In a situation where there are so few decent DeFi options these days, the yields offered by EdgeX seem quite attractive. 🟢 If you're optimistic about Edge's futures, it might be a good time to try farming XP by shorting Ether spot and futures. 🟢 With the TGE now certain to be at the end of March at the latest, I guarantee you this is a DeFi option worth trying for two months. #edgeX