Byteball airdrop to Steem frenzy
It is the craziest airdrop event I have ever witnessed on Steem in my 2 years time, simply due to the lucrative airdrop amount and referal reward. Byteball has established theri brand for a while in the crypto space and the coins can easily be cashed out, that is why it was so hot after the announcement. But I would like to talk more about the most lucrative reward for this event, the referal system!
How lucrative is it?
The referral gets exactly the same reward as the new user*’s reward. A new 70 rep Steemian gets $160 and so do you if they happend to be under your reference.
While is sounds like a totally great idea for promote Byteball as hars as possible, there is some tricks to game the referral system and exploit the reward.
First, you need to know how the system define the referrer.
Difficult questions
Question: What if a user clicked a referral link and paid with funds sent to him from another attested user?
Answer: The user providing the funds will be the referrer, not the one from the link.
Question: What if there were multiple inputs from several attested users being used to pay for an attestation?
Answer: The input that is closest but not less than the output required will be the referrer.
Question: What if the user didn’t spend my funds, but instead signed a message?
Answer: Then nobody will be the referrer of that attestation.
Taken from the post: https://steemit.com/steemit/@punqtured/network-issues-over-the-weekend-and-questions-about-steem-attestations
You should read it if you have more intesrest on what was the network issue lately and more information about the airdrop.
Highly exploitable referral game
Ultimately, the referral link is practically useless. The decisive factor is whose fund the new user used for the Steem attestation.
That’s why having the new users commenting their wallet address in the public area is a good way to lose the referral reward for post owner. Because all the reward hunters would just send the minimum fund(about $0.08) to new addresses.
Someone is even creating some bots tapping on Steem API to track Byteball wallet address over all the network and send funds. I heard people are making a few thousands dollar just over a few days. Crazy world.
TLDR: Byteball airdrop referral system is highly exploitable.
太长没读: Byteball 空降最让人垂涎的就是推荐系统。推荐者可以得到同样比例的奖励,但是缺点就是太容易被摆弄,有很多方式可以把原属于作者的奖励偷去了。
Posted from my blog with SteemPress : https://fr3eze.vornix.blog/byteball-airdrop-referral-system-is-terribly-gamed/
This page is synchronized from the post: ‘Byteball airdrop referral system is terribly gamed.’