That was fun! I don't understand half of what you guys talk about, but I think I've learned a lot over the last 1-2 years I've been listening. At least I always "feel" smarter after having listened.
nice one! but how is farcaster sybil-resistent? 5 bucks a month is probably cheaper than wallet management now for those sybils and seems super exclusive. If 2 big projects in a row do a linear airdrop or even a good tiered approach, things would change quick. Just gotta wreck them once in a while
ct is angry bc most didn't get anything, not a single token. and some were using starknet for years. obv someone didn't tell you the whole truth. also on the eligibility, you had to have 0.05 eth in your wallet at a specific date, but most held their eth in LPs, and that didn't count at all.
I have burn my Eth for gas purpose many times because some dapps issues, many got their funds on LP, many move their funds for a while, yes criteria should not lay on a random instant. There are simply many users and the Devs had huge difficulty about how distributing.
Airdrops is marketing tool for projects and they benefits massively from it so don't sit here blaming airdrop farmers when they provide all the liquidity and activities on otherwise useless chain - too many over priced L2s by VCS. All these teams just here to get rich from another chain, we have enough chains as it's. I don't do airdrop farm just to be clear don't have that kind patient. Haseeb don't seem like he gets web3 culture at all and he has distaste for most crypto natives as it was evident from meme debate. Love Tarun he's really into the whole culture and gets it at very deep level and knows crypto culture inside out
@@davycrockett8886 I disagree cuz every single project who starts airdrop gets huge TVL Rise even SOL TVL went through the roof after JTO airdrop, ARB/Metis etc. yes there’s serious issue with industrial farming but it was designed that way by teams useless number of transactions metrics
It’s not true, projects benefit huge from airdrop meta, even SOL TVL rose right after JTO airdrop and took SOL from $30 to $125. ARB/Metis etc, every project benefited massively from airdrop. However there’s serious issue with industrialised airdrop farming and it’s made possible by teams greed to collect fees and reward endless transactions bridges and etc on consistent basic cuz they collect fees from every tx! Blame teams just as much as airdrop bot farmers. Cosmos echo is very good example of aligning community with projects
Starknet kept it vague on purpose to use the airdrop narrative as the great marketing tool that it is, to then say “it was always about the devs, not airdrop farmers”. ( Not to mention that people who spammed github got more tokens than many organic users of 2+ years) Absolute fuckery that should not be supported.
Teams do airdrops to make a market, get exchange listings, bootstrap liquidity and....... sell all their tokens. Then they start a new project and go do it again.
the ethena segment was really fun lol
That was fun! I don't understand half of what you guys talk about, but I think I've learned a lot over the last 1-2 years I've been listening. At least I always "feel" smarter after having listened.
Best episode. Heaps of fun. Great work, guys.
Fantastic podcast, period.
Thanks guys
Ooh it got spicy at the end
Great pod as always lads
Ethena: it’s NOT a stablecoin but we’re going to call it USD 😂😂😂
Welcome to crypto 🤷🏼♂️
can just add in metric to reward past airdrop hodlers stakers.
nice one! but how is farcaster sybil-resistent? 5 bucks a month is probably cheaper than wallet management now for those sybils and seems super exclusive. If 2 big projects in a row do a linear airdrop or even a good tiered approach, things would change quick. Just gotta wreck them once in a while
It is actually very easy to filter out airdrop farmers. Just check account history, lol.
I'm super grateful to Starknet. The reason people get pissed with airdrops because its big money and the airdrop farmers know all about bots.
ok. we know tarun invested in celestia. question is how much?
Wait these guys are invested in crypto?
@@alexNGMI oh you didn’t know that? at least you know one more winner coin now. one baby step at a time. y r g m i.
Ahh yes yet another ETH L2 with a laughable billion plus starting valuation, and a bunch of insiders. Next
Eth is 80% of that. -Bankless approves this message.
ct is angry bc most didn't get anything, not a single
token. and some were using starknet for years. obv someone didn't tell you the whole truth. also on the eligibility, you had to have 0.05 eth in your wallet at a specific date, but most held their eth in LPs, and that didn't count at all.
0.005.
You might not have that much if you were bridging to your other Sybil accounts.
I have burn my Eth for gas purpose many times because some dapps issues, many got their funds on LP, many move their funds for a while, yes criteria should not lay on a random instant.
There are simply many users and the Devs had huge difficulty about how distributing.
Airdrops is marketing tool for projects and they benefits massively from it so don't sit here blaming airdrop farmers when they provide all the liquidity and activities on otherwise useless chain - too many over priced L2s by VCS. All these teams just here to get rich from another chain, we have enough chains as it's. I don't do airdrop farm just to be clear don't have that kind patient.
Haseeb don't seem like he gets web3 culture at all and he has distaste for most crypto natives as it was evident from meme debate. Love Tarun he's really into the whole culture and gets it at very deep level and knows crypto culture inside out
They often don't provide liquidity but just do thousands of transactions. It's easier to scale transactions than liquidity for farming.
@@davycrockett8886 I disagree cuz every single project who starts airdrop gets huge TVL Rise even SOL TVL went through the roof after JTO airdrop, ARB/Metis etc. yes there’s serious issue with industrial farming but it was designed that way by teams useless number of transactions metrics
It’s not true, projects benefit huge from airdrop meta, even SOL TVL rose right after JTO airdrop and took SOL from $30 to $125. ARB/Metis etc, every project benefited massively from airdrop. However there’s serious issue with industrialised airdrop farming and it’s made possible by teams greed to collect fees and reward endless transactions bridges and etc on consistent basic cuz they collect fees from every tx! Blame teams just as much as airdrop bot farmers. Cosmos echo is very good example of aligning community with projects
Starknet kept it vague on purpose to use the airdrop narrative as the great marketing tool that it is, to then say “it was always about the devs, not airdrop farmers”. ( Not to mention that people who spammed github got more tokens than many organic users of 2+ years) Absolute fuckery that should not be supported.
Teams do airdrops to make a market, get exchange listings, bootstrap liquidity and....... sell all their tokens. Then they start a new project and go do it again.