My brain has developed a defense mechanism that makes me instantly scroll past any content related to projects listed on @KaitoAI earn
Basically, when I see a long post about one of these projects (even just a simple tag like @katana), my brain immediately registers it as meaningless writing aimed at farming an airdrop. eithout even thinking my fingers move to skip it.
One of the worst parts about this is that I might actually be missing out on genuinely high-quality content that could get me interested in the project.
Since human brains work similarly beyond a certain threshold, I believe many others are doing the same, even if they’re not aware of it.
As a result, the only people interacting with these posts are likely airdrop hunters with small accounts trying to farm engagement for the kaito earn rewards.
At this point, it all turns into a noise circle driven by short-term incentives. it seems clear that these incentives are doing nothing but creating temporary noise.
It’s turning people away from being onchain users and into mindless bots spamming on social media.
Kaito and the projects involved need to figure out how to shift this into quality content incentives that can lead to long-term support.
Just spent 5min checking the @Calderaxyz leaderboard and it confirmed everything that is wrong with @KaitoAI and InfoFi rn.
@jimmyyy and @CrypticJay__ are team, so they dont rly count. But see screenshots for what kind of "content" puts many of the others on high ranks.
Was positively surprised to see @Vaz_Bav on there, who (especially given the small acc size) is rly pushing some decent, self-created visuals and stuff, which should definitely get rewarded (small accs matter, its not about the influencers that can monetize anyhow).
But that's exactly the point. I rly like InfoFi and I see potential in the narrative. Yet, in its current form, it's just incentivizing engagement farming and timeline spam.
There is very little original or let alone EV+ content on the any other accounts in that list, which is ultimately drowning out any valuable contribution, while allowing projects to parade around fake/inflated vanity metrics.
CT was so important for my personal journey in this space. It was where I discovered new concepts and ideas. Where i connected with like-minded ppl, and where most importantly, I learned so much.
But honestly, what is the incentive to write actually valuable, educational content on Caldera today?
Why should I spend time doing research, or creating visuals if 9/10 non-team ppl that top the leaderboard are low-quality engagement farmers that will outperform by 10x anyhow?
This is a serious problem and Caldera is just one example. But if we don't fix this, ALL of these projects will pay a high price when the day comes when ppl should actually understand (and care about) what they've built.
High mindshare is cool, but what rly matters is quality content, education and community. All of which this doesn't build or foster.
A guy who drops 900+ replies in a day is not an advocate for your tech or brand, its an extractor that wants to dump the tokens on day one to make money, just like the guys that post the engagement farming posts he is replying to.
Imo this is rly sad as there is so much to write about in the context of Caldera (and many other projects that have Kaito leaderboards). There are so many great memes that could be created, so many stories to be told. Stuff that can educate people, mobilize builders, and help to strengthen a REAL community.
This is a serious problem and Caldera is just one example. But if we don't fix this, it will 100% be a net negative at the end of the day, with many actually curious ppl being lost for artificial engagement farming hype.
Also linked more examples in the comments if my point still needs to be proven.
“InfoFi”, but it’s just ads on the timeline.
Twitter discourse quality has dropped significantly lately.
Smaller accounts that used to strive to add value and build career capital now settle for a few bucks instead.
Not good.
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Everyone trying to do mental gymnastics as to how this guy is net profiting on perps but but that’s literally impossible
- Total OI of nance and OKex are less than spot short amount
- Risk limits of Binance don’t allow you to put on more than $4M
@0xngmi I'm still surprised Alameda paid back the loans, I guess they were still hoping to stop the FTX bank run.
MIM got lucky, there was not enough liquidity on chain to sucessfully liquidate all that FTT. It would have been a disaster.
It’s funny how Algod says all claims about him are bullshit but at the same time he went from being suicidal for losing 40% of his NW to happy and cheerful as if nothing happened
Bro at least don’t make it obvious
Defillama keeps adding useful features for free while debank removes them to lock them to their wallet or put them behind a paywall
Props to you guys @DefiLlama