Hi !
Just noticed this : https://explorer.starscan.io/evm/address/0xD77AbC92EBeEe837F2b79055690975bac335Be62
Is this MarginX proceeding to airdrops ?? (between 0.5 and 2 $FX)
Regards,
@FrenchXCore
Don’t think so.
This address has been cross-chaining $100 back and forth for days.
- He is receiving that +1 airdrop because it’s >$75 worth.
- Then, he is swapping the airdropped FX to USDT.
- Someone is farming the airdrop lmao.
What he is doing:
- Cost per tx to bridge into FX: $0.07
- He is transferring 12x of $100 = $0.84 total fee but earned 12 FX ($1.7)
- Bridge all $1200 back into BSC ( Cost 0.05428848 FX + $0.155 USDT = $0.1627 )
- Total fees paid: ~$1 / Total FX earned: ~$1.7
- Net Profit = $0.7 USDT per 12 batch of $100 (He swap to USDT after every 24 txs)
Sucking up the airdrop dry (supposedly for new users who enter our ecosystem)
pic is from 2 years ago when issue was raised to @Richard , not the first time users are trying to farm the airdrop
Every dollar you pay in fees, you earn $0.7 in USDT. (70% roi in a few minutes)
1 Like
The user has suddenly stopped cross-chaining after my comment. 
His Address
Someone is reading? 
EDIT: he started again after this second comment
Wow…
Ok, no big deal, then, but the team should have made thé airdrop unique for a given address…
Thx anyway !
It makes plenty of fees…