The My Shell event is something I recommend everyone participate in.
If you're thinking about getting rich with dozens of times returns, that's definitely not the case. But if you look at it from a different angle, compared to Launchpool, the returns are much higher.
Let's do a simple calculation:
According to the Myshell token economic model, the initial circulation is 27%, with a large portion being ecological incentives and other controls held by the project team.
As a project invested in by Binance Lab, the initial circulating market value could reach up to 100 million USD, with a fully diluted valuation (FDV) of 400 million USD.
Currently, the FDV for participation is 20 million USD, which means the allocation part could have returns of about 10 to 20 times.
Currently, it is over 44 times, and if it eventually reaches 100 times, the final return would be 1% * (10 to 20) = 10 to 20%. A daily return of around 10% to 20% is quite appealing.
The core reason for this is that each KYC account is limited to 3 BNB, which restricts a large number of big players from participating.
It can be seen that this time, Binance is distributing benefits to small investors.
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