Starbase

How to Participate in the Starbase Points Program

Participating in the Starbase points program requires some preparation and strategic engagement. Here’s a comprehensive guide to maximizing your points earning potential:

1. Set Up Your Wallet and Fund It
   1. If you don’t already have a self-custodial wallet like Rabby, create one
   2. Ensure you have some ETH on the Base network for transaction fees and trades
   3. If you don’t have ETH, purchase some from an exchange like Binance
   4. Withdraw your ETH to your wallet on the Base network
2. Connect to Starbase and Start Trading
   1. Visit the Starbase platform
   2. Connect your wallet by clicking the “Connect Wallet” button
   3. Navigate through the interface to familiarize yourself with the platform’s features
3. Earn Champion League Points Through Limit Orders
   1. Select the “Limit Orders” option in the Starbase interface
   2. Choose the asset you want to sell and the asset you want to buy
   3. Enter the amounts for each (minimum transaction value must be $10 or more)
   4. Set your desired price and expiry date for the limit order
   5. Click “Approve” and confirm the transaction in your wallet
   6. Click “Place limit order” and confirm the transaction
   7. For every $1 of trade submitted via Limit Order, you will earn 1 point
4. Earn Champion League Points Through Dollar Cost Averaging (DCA)
   1. Navigate to the “DCA” section of the platform
   2. Select the asset you want to sell and the asset you want to buy
   3. Enter the amount you want to trade regularly
   4. Choose the frequency of your DCA orders
   5. Specify how many orders you want to initiate in total
   6. Click “Start DCA” and confirm the transaction
   7. For every $1 of trade submitted through the DCA feature, you will earn 1 point
5. Complete Explorer League Tasks for Additional Points
   1. Connect your X (formerly Twitter) account to Starbase
   2. Follow Starbase’s official X account
   3. Join the Starbase Discord community
   4. Engage with Starbase content on X through:
      • Likes (1 point per like)
      • Retweets (1 point per retweet)
      • Quote tweets (1 point per quote)
      • Replies (1 point per reply)
   5. Play the Flappy Moon game in Telegram to earn additional points
6. Utilize the Referral Program
   1. Go to the “Rewards” page on Starbase
   2. Copy your unique referral link
   3. Share the link with friends and the crypto community
   4. Earn 1 point for each person who signs up using your link
   5. Note that referral points are capped at 10 points per day
   6. After referring more than 10 friends, you’ll receive a referral multiplier that increases your point earning potential

Maximizing Your Starbase Points

To maximize your chances of receiving a significant allocation in any potential future airdrop, consider these strategies:

Balanced Participation Strategy

Focus on both leagues of the points program rather than only one. While Explorer League points from social tasks are easier to earn, Champion League points demonstrate actual platform usage, which is likely to be weighted more heavily in any token distribution.

Optimal Trading Approach

• For Limit Orders: Place multiple smaller limit orders rather than one large order. Since points are awarded based on dollar value, spreading your trades might help you capture more price movements while accumulating the same number of points.
• For DCA: Set up regular, smaller DCA orders that will execute over time. This not only earns you points but also implements a solid investment strategy.

Social Engagement Efficiency

• Schedule regular engagement with Starbase content on X to consistently earn Explorer League points
• Engage meaningfully rather than spamming, as the program may have quality filters
• Join community discussions in Discord to stay informed about additional point-earning opportunities

Referral Strategy

• Target the referral program strategically by sharing your link in communities where people are interested in DEX trading
• Create informative content about Starbase to attract genuine users through your referral link
• Once you’ve reached 10 referrals, focus on maintaining active referrals to benefit from the multiplier effect

Understanding Starbase’s Points System

The dual-league points system is designed to reward both platform usage and community engagement:

Champion League

• Points in this league directly correlate to platform usage
• Every $1 of trading volume through limit orders or DCA earns 1 point
• There appears to be no cap on Champion League points
• These points likely represent the core metric for airdrop qualification

Explorer League

• Points in this league reward community building and social engagement
• Social tasks have specific point values (1 point per engagement)
• Referrals are capped at 10 points per day but include a multiplier mechanism
• These points demonstrate community involvement and potential for platform growth

Potential Risks and Considerations

When participating in the Starbase points program, be aware of these considerations:

• Gas Fees: Base network has relatively low transaction fees, but they can still add up with frequent trading
• Trading Risks: Limit orders and DCA are trading strategies that carry inherent market risks
• No Guaranteed Airdrop: The points program strongly suggests a future token, but this remains unconfirmed
• Time Investment: Social tasks and maintaining regular trading require ongoing time commitment
• Minimum Transaction Values: Ensure your trades meet the minimum $10 value requirement to qualify for points

Frequently Asked Questions

What is the minimum amount needed to participate in Starbase’s points program?
You’ll need enough ETH on Base to cover both transaction fees and trading activities. Since the minimum trade value is $10, you should have at least $15-20 worth of ETH to account for both the trade and gas fees.

How can I check my current points balance?
Visit the “Rewards” page on the Starbase platform after connecting your wallet to view your current Explorer League and Champion League points totals.

Will points expire at the end of Season 1?
Starbase has not explicitly stated whether points will expire between seasons. It’s recommended to stay updated through their official Discord and social channels for any announcements regarding point expiration or carry-over policies.

Can I participate if I’m not on social media?
Yes, you can still earn Champion League points through trading activities (limit orders and DCA) without participating in social tasks. However, you would miss out on Explorer League points, potentially reducing your overall standing.

Is there a leaderboard for the points program?
Starbase has implemented a leaderboard to track high-performing participants. Check their platform for information about your ranking relative to other users.

Conclusion

Starbase’s points program presents an opportunity for crypto enthusiasts to potentially position themselves for a future token distribution while using a feature-rich DEX aggregator. By strategically engaging with both the trading features and social components of the program, participants can maximize their point accumulation across both leagues.

While the airdrop remains unconfirmed, the structured points program with clearly defined earning mechanisms suggests that Starbase is building toward a token-based ecosystem. For those interested in DEX aggregation platforms on Base and willing to engage with the platform’s unique features, participating in the points program represents a balanced opportunity with reasonable entry requirements.

As with all potential airdrops, it’s important to only commit resources you’re comfortable with and to view the participation as both a potential airdrop opportunity and a chance to explore new DeFi tools on the emerging Base ecosystem.