The Launchpool activity mined a total of 3007 SCR tokens. I participated in the mining with a total of 1205 BNB. Each BNB mined an average of about 2.5 SCR. After deducting my own 255 BNB, I earned about 2375 SCR from the loan part. I need to pay interest of 3.238 BNB, equivalent to $1827. The mining cost of a single SCR is about $0.77, which is the same as yesterday's mining cost.
According to historical data analysis, the circulation of SCR is 190 million, and the airdrop reward seems to be issued after the opening. Therefore, the opening price of SCR is expected to be around 1.6-2 US dollars, and the income is estimated to be in the range of 4800-6000 US dollars. After deducting the interest cost of 1827, the income of this mining is quite considerable. All income will be used to increase BNB holdings. There is great potential for long-term holding of BNB, but we need to be wary of the risks brought by Binance's policy changes.
I am a beginner in the blockchain field in 2017. I am keen on finding relatively stable arbitrage opportunities between centralized exchanges (CEX) and decentralized exchanges (DEX). I look forward to sharing and discussing opportunities, latest developments and opinions in the cryptocurrency circle with my peers. As a long-term investor, my current main positions are (BTC, BNB, UNI, CAKE, WLD are sorted by position size). If you are also passionate about cryptocurrency, please like, follow and leave a message to share your experience!
