Sisyphus @0xSisyphus
Roll boulder up hill, it rolls back down. Joined March 2021-
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I never really understood why people would call something a "chop market" where 6 of the 8 weekly candles are red and prices have proceeded down in a pretty gradual manner
all the tokens are overvalued market is supplying new tokens to correct this even if net dollar inflows continue, they get dispersed across more tokens vaporware products with low float tokens that team + airdrop recipient desperately market to exit liquidity
one trick to maximize insider allocation on a linear airdrop is to quietly release a zero feature “beta” with a supply cap for months giving most of the points to strategically aligned farmers by the time the information is widely circulated retail is farming for peanuts
> they just realized that hk is actually a tier 3 Chinese city
I am so proud of all my spot chads. You guys are super brave and will for sure be rewarded for your blind faith
Hong Kong’s spot bitcoin, ether ETFs see over $6.3 million in half-day volume upon debut theblock.co/post/291606/ho…
every eigenlayer private investor writing threads on how revolutionary the token is (and why you should buy it). every eigenlayer user complaining. lesson in there
0/ By community request, Hyperliquid has listed $EIGEN-USD hyperp. You can now long or short the unlaunched Eigenlayer token with up to 3x leverage.
Wow, @eigenlayer community is really not liking that non-transferable $eigen airdrop: 5000+ withdrawals have been queued since the official airdrop announcement 🫡 How much TVL is EigenLayer going to lose over this fiasco?🤔
cannot wait for my fully liquid hyperliquid airdrop
Eigenlayer - $EIGEN 💰 Price: $NaN 🤷 1h: NaN% 🤷 24h: NaN% 🤷 7d: NaN% ⬆️ 24h High: $NaN ⬇️ 24h Low: $NaN 📊 24h Volume: $NaN
Now that ppl have lost faith in Eigenlayer I'm concerned about the impact on the ecosystem that has flourished around it. The Eigen team has significantly cut the tokens allocated for liquid staking providers, biting the hands that worked to pump their TVL. Demand for LRTs will…
i love how we collectively berated sol eco for low float high fdv scams then turned around and made it an industry standard
it's tough work to bully the team into increase the size of the airdrop while not scaring the market away from buying your governance responsibilities
Overall the math on this, assuming you can sell is very favorable. The people who staked over the summer are going to absolutely cook. The only question is if you can dump your tokens before the team and investors can, since there's a non-transferability component
Assuming you staked in December 2023, you received about 50 eigen tokens per ETH deposited. ETH was around $2,200 then. At $10 per token that's $500 per ETH, or about 23% of your initial. ETHBTC is down about 5% since 12/23, so this was a way to outperform BTC passively at size
Many of you have requested a way to share your Eigenlayer airdrop with keyholders when you claim. Great idea! We are delaying token claims until after the team vests.
CL @CL207
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Points A thread from an outsider. If you think that the meta ended with @eigenlayer you are in fact wrong. Points are the modern day loot box - something that we haven't seen litigated in court, something that we haven't seen executed correctly either.
surely the market can support multibillion valuations for zksync blast friendtech ionet drift swell mode hyperliquid morpheus in may
how is gas consistently lower than during the actual bear market
their most recent deals have been: layer n: scam avail: no rizz late entrant low chance of winning sentient: scam
a16z is the archetype of how to venture into crypto as a traditional venture fund founder's fund is the archetype of how to get adversely selected in crypto as a traditional venture fund
kinda crazy he made the masterchef contract 4 years ago and that's the reason you're spending months grinding an airdrop for $47.81 now
at the CZ trial today and just couldn’t put down pokemon legends arceus. the switch is so amazing for letting me play anywhere
the problem with the current airdrop meta is teams are trying to max value extract users: - capital - attention - reach and users are starting to wise up and get tired of being farmed. goal needs to shift to your end result: you want users to be happy long term supporters
The best airdrops and points systems are the ones you dont know are happening
"hey bossman cool if I cut out 15 mins early 7 fridays from now? I need to pick my girlfriend up from the airport”
muted every single person i saw say this over the last two days. like a dumbass tattoo on the forehead
I’ve always found the airdrop frustrations a little bit odd Only in crypto do you get free money just for using an app you probably wanted to use anyway
just about the only good thing today was getting a nice thank you from him
every cycle i inevitably get calls about helping a new kid who's made XXX millions think about risk and how to structure this new found wealth. In almost every case I tell them to just immediately sell 50% of crypto assets into stables and buy some combo of bills+indexes. 90% of…
put me on your cap table so i can tell you that binius is a stupid name before you launch
Are all the 22 year old's still going to retire after this bull run? 🫵🤡
don't give a shit how many $eigen you have you're not gonna gaslight me into believing non-transferable tokens and stealth tge vesting games are the norm
He's outtraded GCR is what he did. He was so good, they called him 'Black GCR' and that 'KSI sold his account'. He made the bravest and biggest whales tremble with a single tweet about a dog losing his hat. But he's gone now. End of story.
crypto devs try not to be out of touch with the userbase challenge [IMPOSSIBLE]
if renzo deleted their piechart as quickly as eigenlayer just deleted their tweet just now they would be trading at 20 cents