Thread by @rogeravax

#launchpad strategy
(to complete a prev. thread that Twitter mispublished)

this am, @binance had an IDO for @opencampus_xyz $EDU. the process involves allocating tokens based on your avg #BNB balance & can be very lucrative!

here's my strategy for how to game below 👇
1/8

my analysis of the past 6 @binance launchpad IDOs indicate that an IDO allocation is basically free monies, with the median performance at launch of >15x (@opencampus_xyz $ID currently >25x)
2/8

the problem w/ their launchpad process is that a v large #BNB balance only yields a small IDO allocation
for example, for today's @opencampus_xyz $EDU IDO, I had an avg balance of 134 BNB (~$44k) which yielded an allo of 0.11 BB ($35)!!!
3/8

so great, that $35 allocation x current return 30x = $1k of "free money", but I needed to hold an avg balance of $44k BNB over 5 days to get it

& the process is heavily gamed by professional traders
thankfully, here's my strategy for gaming it optimally:
4/8

overall, I think the best risk-reward approach is not participating in the launchpad all all

while there is a nice bump up on IDO date, that requires risking significant capital to earn a meager allocation

5/8

the median all-time high on avg is >2x the IDO performance, usually happening 50-100 days after IDO date

For @opencampus_xyz $EDU, I plan to lever long post-initial IDO dump. Binance has shown strong support & backing for these projects


6/8

If you happen to have a large #BNB balance or want to participate in the launchpads, I utilise a few strategies to protect myself, most importantly
- shorting BNB as a hedge during the calculation period when your BNB is locked (& also 1 day before in anticipation of drop)
7/8

Overall, @binance launchpad projects are great high-quality gems to invest & trade
- invested by & supported by the #1 CEX
- clear & identifiable trading patterns in token (& #BNB) that you can use to your advantage

Good Luck & have a great weekend
8/8