In the past couple of days, I took advantage of the price drop and bought some $HOME to stake. Today, I interacted with nearly 20,000 XP, bringing my total XP to 150,000. Currently, the trading pair remains USDC/USDT. I calculated that I've staked $HOME about five times. Looking back, I should have staked all the chips issued in the first season. If I had staked everything back then, the current coin price has more than doubled compared to the airdrop day. The most important thing is the "charging"; I can claim extra tokens every day. From the data of the second season, the overall progress is at 8.74%. The total interaction recorded last Thursday was 861M, accounting for 8.61% overall. Looking at the last five days, the growth is around 13M. It's obvious that fewer people are trading; I wonder if it's because the price of $HOME shot up too high a couple of days ago, and people are reluctant to buy and stake coins. However, the top teams are still seeing daily growth in their data, while the teams in the national region are not showing significant data growth. From the community perspective, most trading strategies are quite different. Generally, foreign traders tend to favor large, high-frequency contract trading, which mainly comes from daily trading. This means that user habits lean more towards usage. In contrast, the national region teams primarily focus on interactions, and there are no particularly large contract orders appearing in the on-chain data. Most of the scores are obtained through swaps, with the demand for buying coins and high-frequency interactions dominating. However, in terms of timing, the end date for the second season of @defidotapp is September 26. It started on July 28, and we are now past the halfway mark. Yet, the progress bar hasn't even reached 10%. Based on past experiences and the demand for final rankings, combined with the 3X reward wheel for staking $HOME in the second season, the demand for $HOME will be infinitely amplified as the season approaches. Whether it's deeply involved traders or Kaito's Yappers, everyone will engage in high-frequency, large-scale interactions to earn points for rewards. Personally, my first impression of daily interactions is that $HOME is simply not enough; the reward multiplier from staking runs out in less than 20 minutes if I want to earn a lot of points in a short time. The only way to achieve this is through high-frequency trading. If everyone piles up their trades in a certain time frame, it will inevitably affect the price direction of the tokens. It can even be said that it's one of the few projects where you can clearly go long.
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