I heard that the project's second season schedule might be postponed. Recently, while browsing social media, a bunch of people are opening cards to earn rewards, with limits often reaching millions of USD. It's shocking to see.
But think about it calmly—there's a problem: are you really getting the promised rebates on every account just because you open so many cards? Mathematically, that doesn't add up.
Doing the math makes it clear— to earn rebates in the millions of USD on one account, the transaction fees alone would consume half of the rebate. What trading volume would be needed to support this number? Conversely, how many participants can actually generate this volume? Most people are probably just along for the ride. Instead of blindly following the trend, it's better to understand what actual benefits you can realistically gain.
View Original
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.
11 Likes
Reward
11
8
Repost
Share
Comment
0/400
RektRecorder
· 01-08 01:39
Million U rebate? The fees eat it all up haha
Another wave of retail investors being harvested, wake up everyone
Opening more cards is useless, math doesn't lie
The ones who are truly making money have already run, the rest are just waiting to be cut
This time, most people are just here to accompany the run
Breaking the cauldrons and sinking the boats to open cards? Better to calmly do the math
Fees eating half of the rebate, no matter how you calculate it, it's a loss
Does anyone really believe in the promise of a million limit? I don't believe it
By the way, the project team is really ruthless this time
Here we go again, always the same routine
If you don't want to be harvested, don't follow the trend, look at the returns carefully
View OriginalReply0
NervousFingers
· 01-06 21:09
Million U cashback? The transaction fee eats it all up, and this math problem can't be solved at all.
---
Another wave of leek harvest, everyone who opened a card must have been trapped.
---
There are only a few who can really generate scale; others are just along for the ride.
---
Instead of chasing the hot trend, it's better to figure out how much you can actually earn. Don't be fooled by false numbers.
---
There's no such thing as a free lunch. When will we ever understand this principle?
---
Cut the transaction fee in half directly. What’s left for cashback? Wake up, everyone.
---
It's not surprising to postpone the schedule; this wave of leeks will need to be harvested again.
---
I just want to ask, has anyone really received the promised amount?
---
Seeing a bunch of people opening cards, I find it rather absurd.
---
If the math doesn't add up, don't bother messing around.
View OriginalReply0
StakeOrRegret
· 01-05 04:55
Million U cashback? The fee is gone in an instant, haha
View OriginalReply0
MissingSats
· 01-05 04:54
Million U rebate? After deducting fees, there's nothing left. How many can you scam?
View OriginalReply0
ChainDoctor
· 01-05 04:41
Million U rebate? That's a joke, the fees eat it all up
No matter how many cards you open, it's useless; the math is right here
Everyone is just helping the project push data, very few can really make money
The second season is delayed further, this pace is quite interesting
Instead of following the trend, better figure out how much you can actually get
Those who are exploiting the system should really look at this account, really
A bunch of people are just running along, only a few are actually benefiting
View OriginalReply0
GateUser-2fce706c
· 01-05 04:40
I've already mentioned that this wave of wool traps, opportunities must be seized, but you also need to calculate carefully. Only a few with first-mover advantages can truly benefit, while most latercomers end up as mere followers. This is the harsh reality of the wealth code.
View OriginalReply0
PositionPhobia
· 01-05 04:31
Million U cashback? Uh... half of the fee is gone haha
---
It's the same old story, every time someone says they can cheat the system, and in the end?
---
Math doesn't lie, most people are just cannon fodder for the ride
---
No matter how many cards you open, it’s useless. The key is that trading volume can't keep up
---
Understand how much you can earn before getting excited, don't get cut
---
That's why I never follow the trend, it's exhausting
---
The promise of cashback sounds good, but what do you actually get? Hehe
---
Honestly, understanding your ledger is much more important than chasing hot trends
---
Wait, half of the fee is eaten up? That’s a total loss
---
Another scheme to cut leeks, wake up everyone
View OriginalReply0
Layer2Observer
· 01-05 04:31
Million U cashback? Let me do the math. Half of the fees are gone, and the remaining still needs to be truly earned. Most people are just along for the ride.
I heard that the project's second season schedule might be postponed. Recently, while browsing social media, a bunch of people are opening cards to earn rewards, with limits often reaching millions of USD. It's shocking to see.
But think about it calmly—there's a problem: are you really getting the promised rebates on every account just because you open so many cards? Mathematically, that doesn't add up.
Doing the math makes it clear— to earn rebates in the millions of USD on one account, the transaction fees alone would consume half of the rebate. What trading volume would be needed to support this number? Conversely, how many participants can actually generate this volume? Most people are probably just along for the ride. Instead of blindly following the trend, it's better to understand what actual benefits you can realistically gain.