<b>LEAK: the token-incentive bait on new exchange programs</b>
New launches keep dangling 'earn in our native token' affiliate deals at headline rates that look 2-3x the cash CPA. A manager at a newer venue was candid: the token rate is high because the token is illiquid and they want the float, not because the deal is better.
The so-what:
— A 'higher' token payout you can't sell without moving the price is not a higher payout.
— Check the token's real daily volume on a neutral source. If your monthly earnings exceed a few percent of daily volume, you <i>are</i> the sell pressure.
— Vesting/lockup on affiliate token rewards is the second trap. 12-month cliffs turn a great month into a bet on the project surviving.
Cash is boring. Cash also clears.
Watch this.
Chain Leaks
@thechainleaks
<b>LEAK: the token-incentive bait on new exchange programs</b>
Этот пост опубликован в Telegram-канале Chain Leaks. Подписаться можно по ссылке: @thechainleaks.