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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Regarding the mining of Treehouse, I have rarely participated in such stake mining before. Many project parties are actually quite cunning, especially the "stake for token" model, and the redemption depends on liquidity, which is clearly designed to Be Played for Suckers. Binance's Treehouse mining is basically this type.
For example: I staked 0.05 ETH, and the tETH I received for mining was only 0.041232, with daily mining earnings of about 0.35677 U.
However, when redeeming, I only got back 0.04973537 ETH, and the whole process incurred about 2 U in fees.
In addition, the redemption fee of 0.15% only applies to "whale" users holding more than 200 ETH.
This mechanism is obviously more suitable for large capital staking players; if small capital participates, they may not even have enough GAS.
This morning I tried to exchange tETH for ETH, and the slippage was constantly 1 to 2 points, it's really hard to describe.