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Ethos Network's S1 has concluded, and participants face two options: burn 50% XP to exchange for an NFT, or stake with 3 validators to earn 50% XP rewards.
Some users are currently ranked #46 (with a total of 1.89M XP), and the final choice was to burn XP. The reason is straightforward—the rarity of the NFT is entirely determined by the amount of XP burned. Since higher-ranked users have burned more XP, their corresponding NFT weight naturally increases. Under this design, the deeper the early accumulation, the more potential there is for gains after burning.
Both options have their own considerations: for stable returns, choose staking with validators; for betting on the future value and weight of the NFT, choose burning XP. The project uses this mechanism to let participants weigh their options, which is quite interesting.