Hibachi

How to farm Hibachi Points

1. Prepare your assets: You’ll need some ETH to cover gas fees on either Base or Arbitrum networks, plus either USDC (for Base) or USDT (for Arbitrum) as trading collateral. You can purchase these assets from Binance.
2. Visit the Hibachi platform: Go to the official Hibachi website and connect your email or wallet.
3. Sign in to create an account: Complete the account setup process by signing the transaction with your wallet.
4. Deposit funds: Navigate to “Hibachi Balance” section, click on “Deposit” and select your preferred network/asset: Base/USDC or Arbitrum/USDT.
5. Copy the deposit address: The platform will provide you with a deposit address. Copy this address.
6. Transfer your assets: Send USDC or USDT from your wallet or exchange to the provided deposit address.
7. Start trading: Once your deposit is confirmed, begin trading on the platform to earn points.
8. Complete trading quests: Go to the “Rewards” page to view available trading quests that offer point multipliers of up to 60%.
9. Refer friends: Find your unique referral link on the “Rewards” page and share it with others to earn 50% of their tier trading fees and additional points.
10. Follow Hibachi on social media: Stay updated on the weekly Flame Roll lottery and other program announcements by following Hibachi on X.

11. Join the Hibachi community channels: Be part of Hibachi’s growing community on Discord and Telegram.

Maximizing Your Potential Airdrop

To optimize your chances of receiving a substantial airdrop allocation, consider implementing these strategies:

• Trade regularly but smartly. Consistent activity appears to be valued over sporadic high-volume trading. Establish a regular trading pattern rather than attempting to game the system with a few large trades.
• Diversify your trading pairs: Don’t limit yourself to a single trading pair. Exploring different markets may contribute to a more rounded user profile.
• Complete all quests: Trading quests offer multipliers that can significantly boost your point accumulation. Prioritize completing these challenges as they become available.
• Build a referral network: The referral program offers dual benefits—earning a percentage of trading fees and accumulating extra points. A strong referral network could substantially increase your point total.

Frequently Asked Questions

What networks does Hibachi support?
Hibachi currently supports two networks: Base and Arbitrum. Users can choose either network based on their preferences for gas costs and assets.

Which assets can I use for trading on Hibachi?
For collateral, you’ll need either USDC on Base or USDT on Arbitrum. Additionally, you’ll need some ETH to cover gas fees on your chosen network.

How are points calculated and distributed?
Points are distributed every Monday at 00:00 UTC. They are calculated based on your trading activity, successful referrals, and completion of trading quests. The exact formula hasn’t been publicly disclosed, but Hibachi has stated that points aren’t solely based on trading volume.

What are trading quests and how do they work?
Trading quests are specific challenges or goals set by Hibachi that, when completed, provide multipliers to your points earnings. These multipliers can boost your points by up to 60%. You can view available quests on the Rewards page of the platform.

How does the referral system work?
When you refer someone to Hibachi, you earn 50% of their tier trading for a limited time (usually 25%). Your unique referral link can be found on the Rewards page. The more active your referrals are, the more you earn.

Conclusion

Hibachi represents an interesting development in the world of crypto trading, combining the efficiency of centralized exchanges with the transparency and security benefits of decentralization through its ZK-proof technology. Its points program offers a compelling opportunity for potential future rewards through various activities, including trading, completing quests, and referring others.

By following the steps outlined in this guide and implementing the strategies for maximizing your participation, you can position yourself well for any future token distribution. Remember to stay updated with Hibachi’s announcements on social media for the latest information about the points program and potential airdrop details.

While the crypto landscape is always evolving, Hibachi’s strong backing from established investors and its technical approach to solving real problems in the exchange ecosystem suggest it could become a significant player in the space. Early participation in such projects has historically been rewarded, making this an opportunity worth considering for those familiar with the risks and willing to engage with the platform.