Opensea price

**How do I farm @opensea chests** OS has had a few different stages through their farming. Currently we are on their last stage of farming where you’re basically farming to level up treasure chest. **What do you get from this chest? ** - Opensea spends a portion of their fee to buy NFTs and tokens. This is a reward pool that will be distributed amongst those farming the chests by the end of the season. Currently there’s 1.7 million plus in rewards in this pool. - Your chest rank will determine how much $Sea drop you’ll get, higher the chests, higher the drop. **How to farm?** - Buying NFTs - Swapping tokens - Completing Opensea voyages **Things to consider/Things to know** - Only buying counts towards volume - Selling does not give you XP - Token swaps give you more XP compared to NFT purchases - Token swaps have a 0.8 percent fee - NFTs have a 1 percent fee but you can trade in a way where you list above your buying price to ensure you don’t incur any costs. - There’s different tiers to the chests, everyone starts at wood and climbs their way up with solar being the top chest. Amount of XP required to move up chests is more as you go up levels. **Potential ways to farm** - I’m rich, I don’t care about cost: Fastest way to get over this is swapping a huge amount. Use base to avoid transaction costs. - I’m a pro flipper, I can trade: Pick a solid collection that you know has catalysts, positive community sentiment and consistent sales. I personally picked moonbirds for this. Pudgy could be one too but is slower. Find your own sauce. I think the NFTs which have an NFT strategy have been moving fairly decent. - I’m poor, but I want to not be poor: You can farm using limited capital by trading NFTs on base. One that I used to farm all the way up to amethyst chest was DX terminal. The volume is so consistent that you can just sweep 10-20 off the floor, list slightly higher than your buy-in cost to break even on trades. With consistent sweeps you’ll have to repeat this process a lot of times. I did this with 0.25 eth and got to amethyst within a day pretty easily. **Rationale to farm** - You’re farming to earn two things: OS reward and $Sea - I think most are fading sea farming. Those that are farming are mostly doing so with limited capital and so the upper ranks are fairly game and may mean lesser people to compete with for rewards imo. I would assume if you’re higher chest level, you’ll get better rewards. - There’s literally no downside imo if you do this smartly except your time investment. There’s 20 days left as of today for you to farm before the season ends. OS is set to announce their TGE details in October so good for you to still be ahead of the game while you can be. None of this is financial advice please DYOR