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Details: https://www.gate.com/announcements/article/47889
Looking at this type of project is quite awkward. To do some quick calculations, based on 200,000 daily active users trading 8,000 USDT each day, the 0.02% fee would generate over $300,000 in revenue daily. This income is indeed substantial. However, the problem is that some platforms lower the project thresholds too much to quickly attract users through airdrops. While this can boost short-term data, in the long run, it actually damages the ecosystem's credibility. The lower threshold leads to more low-quality projects, resulting in poor user experience and a weakened ecosystem. Looking at the recent performance of these coins, the market isn't very encouraging either. Who would dare to support new projects with real money? This creates a trap— the more they rely on airdrops to attract people, the more likely they are to drive users away.