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The event is profitable both during market downturn and surge. I feel it's just a way to give back to the community because their is nothing special for the traders to do. They trade, make profits and also get paid decent BGB. Even if they lose while trading, the compensation from the event is reasonable to offset the loss to a reasonable degree. -
Well you have a point but i disagree with you. The crypto space is evolving and in this space "never say never" first of all, there are lots of platforms for lending and borrowing where the users are asked to collaterize their borrowing with other assets using an existing smart contract protocol and this borrowing comes with interests for the platforms and the lender just like it's happening in the traditional banking system. Also some platforms may choose to invest your staked crypto in during market downturn for example use them to trade futures with experts which could bring decent returns... It goes on and on so i think it is quite possible but it may take some time to execute on major cryptocurrency exchanges.
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Looking at the buy order from the the pre-market trading, it seems a lot of traders are hyped up about the project and we might experience bullish trajectory upon listing tomorrow. Lets see how it goes.
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