Preface
Why use @o1_exchange, actually what I care about is not just the project's airdrop, but a deeper reason - the base airdrop.
Those who have used L2 know the value of Base!
This year's biggest airdrop must be base.
Project introduction
o1exchange is a professional decentralized trading terminal focused on providing advanced trading tools, including cross-chain support, fast execution, and multi-wallet management. Platforms like GMGN and Axiom have used it, to put it simply, it's a tool for trading, but with more comprehensive features, and it will later integrate Perp functionality.
Initially funded by well-known person @cited and closely associated with the N1 project, the latter received support from top VCs like Founders Fund. The current co-founder is @stambouli_o1, with project financing of 4.4 million USD, led by Coinbase and Alliance. Although the amount is not large, don't pay too much attention; DEX projects do not rely on financing.
Relationship with Base
o1exchange primarily operates on the Base network and requires deposits and trading through Base.
Moreover, Base's official has been actively promoting the o1exchange platform, positioning it as a professional trading tool in the Base ecosystem, helping users achieve efficient operations on Base.
Why is it necessary to introduce the project background? Understanding project information will make you feel secure. In fact, the financing history of o1exchange is divided into two phases, but it's not the topic for today; I will discuss it in detail when there’s an opportunity.
Points rules
The point system of o1exchange is currently in the first week of Season 2 Phase 1, lasting for a total of 20 weeks, with a total point distribution of 40 million, 2 million points per week.
Points are based on the Epoch system: each Epoch starts from UTC Monday 00:00, lasting 7 days and resetting weekly.
Points are mainly calculated through trading volume and activities, but the specific formula is not disclosed; it may involve trading frequency and amount. The total points are uncertain and may affect value after TGE.
Let's evaluate it after the first week's point distribution.
Interactive process
In fact, interaction is very simple, not much to say, but there are a few points worth noting.
Entrance: This is my link, thanks everyone for using it. https://o1.exchange/@mulight
1️⃣ Funds: Connect wallet, Deposit Base chain ETH/USDC in the upper right corner, recommend ETH; if you're worried about risk, you can go to the exchange to mortgage and borrow tokens.
2️⃣ Operation: I mainly brush LMTS and axlUSDC, which have low transaction fees. Search directly in the upper right corner.
3️⃣ Settings: Before trading, be sure to lower slippage and GAS fees (recommended 0.1% and 0.002); set slippage for both buying and selling.
4️⃣ Transaction: Be sure to make small purchases, such as 0.01, 0.02, buy and sell wisely, mainly to brush up the trading volume, definitely don’t brush large amounts, the losses are very high, don’t ask me how I know.
Multi-account configuration recommendations
Many people foolishly grind with a single account, wasting on Gas and slippage. Share a linear invitation strategy '1→5 greedy snake'.
Prepare 5 wallets, establish a one-way invitation chain: 1st (main account) ➔ 2nd ➔ 3rd ➔ 4th ➔ 5th (tail of the chain)
Only brush the 1st and 5th. The middle 2, 3, and 4 are only conduits, and no transaction is needed.
Why do it this way? It's not just to save Gas.
Profit principle
The mechanism of o1 is multi-level commission + Tier level bonus.
• 1st main brush: Get 100% base points, quickly level up.
• 5th sub brush: Its trading rewards will flow up layer by layer from 4→3→2. Although there is attenuation at each layer, they will ultimately converge to the 1st.
How is the security?
This single chain structure is more like real natural spread than the farms that invite dozens of accounts. If the witch hunt is discovered, it's better to abandon the vehicle to protect the commander (discard 5th), and the 1st as a high-weight real user is usually very safe.
Written at the end
Don't just jump in and go all in. Points for Season 2 d reset weekly; it's recommended to first run through the 1→5 process with a small amount in the first week to confirm that the points are credited properly.
Written at the very end
When using multiple accounts, you must use a fingerprint browser; the same IP can easily be flagged by witch hunts. Here, I recommend using MoreLogin.
MoreLogin is the safest, most suitable for team collaboration, most cost-effective, and easiest to use multi-account management anti-detection browser.
https://www.morelogin.com/?from=AACkAZwsRXDF
Thank you for watching
The tokens with the same L2 concept as Base include:
