My honest thoughts on the current state of airdrops:
They are not dead yet, but we need to be smarter.
But I still think they're here to stay and here's why:
We cannot control how many airdrops we get.
But we can control how many tokenless protocols we interact with.
Not every airdrop will be lucrative, but we take every win and move on.
I had a chat with one of my followers, and this point he brought up was so true:
Active farming is more lucrative than passive farming.
With active farming, you're building up the single most valuable asset that increases your chances of an airdrop:
Your wallet’s on-chain footprint.
It’s the only way to beat bots and whales.
Whales are too lazy to interact with every tokenless protocol.
Meanwhile, bots are reactive. They only interact with a new protocol once they’re programmed to, which takes time.
I’m shifting my focus towards airdrops that offer a greater R/R.
More details:
twitter.com/FIP_Crypto/status/1786399324966133927
fipcrypto
They are not dead yet, but we need to be smarter.
But I still think they're here to stay and here's why:
We cannot control how many airdrops we get.
But we can control how many tokenless protocols we interact with.
Not every airdrop will be lucrative, but we take every win and move on.
I had a chat with one of my followers, and this point he brought up was so true:
Active farming is more lucrative than passive farming.
With active farming, you're building up the single most valuable asset that increases your chances of an airdrop:
Your wallet’s on-chain footprint.
It’s the only way to beat bots and whales.
Whales are too lazy to interact with every tokenless protocol.
Meanwhile, bots are reactive. They only interact with a new protocol once they’re programmed to, which takes time.
I’m shifting my focus towards airdrops that offer a greater R/R.
More details:
twitter.com/FIP_Crypto/status/1786399324966133927