If you are on @base and using @baseapp then don't miss this cool mini app - CoinMood πͺπͺ:
Search any crypto πΈβ get instant sentiment πβ share it with the world π.
One tap. One mood. Endless alpha.
Mini App link: https://t.co/cWNsW20w3c
I received the @baseapp invitation, created a smart wallet and signed in. But later I accidentally deleted the private key stored on my phone, so I can't access my account anymore π. Is it possible to get another invite please? π₯Ί @buildonbase@base
Here's my feedback on @LineaBuild airdrop.
First, a disclaimer: the main rule I always stick to while running this account is being honest about my subjective opinions and trying to stay as objective as I can. I always aim to evaluate projects without tying it to how much I personally made or lost. And I try to write truthfully, not just to please my followers' expectations.
So, if some people think that because I often criticize Linea team, I should now automatically roast their approach to the airdrop distribution β sorry, that's not going to happen. If that disappoints you and you decide to unfollow β that's your right, no hard feelings. I'm just sharing my personal view, not the ultimate truth. You can agree, disagree, or ignore it β all of that is completely fine. I'd also love to hear counterarguments or additions if you've got them.
Now, let's go point by point π
1. Allocation
14% total: 9% for LXP holders, 4% for LPs, and 1% for builders. Honestly, I expected a bit more for LXP holders, considering Linea doesn't have VCs breathing down their neck. But still, it's not small.
For comparison: Arbitrum 11%, Optimism 5.5%, Starknet 7%, Scroll 5.5%. Only zkSync gave more (17%), but that included everything β from DEGEN and BONSAI holders to LP, which ended up being the main factor. So realistically, Linea's 14% is comparable.
2. Sybil filtering
Here, Linea set a new benchmark π₯.
Requiring PoH during farming stages (despite the early criticism) clearly worked. Even in testnet, the user numbers were moderate compared to the hype.
Nansen filtered out nearly 40% of sybils who still passed PoH.
The 2000 LXP threshold is debatable, but the discussion had been happening in the community for over half a year. Consensus was somewhere between 1500β2500. You can't please everyone here, but removing the threshold entirely would have made allocations almost half as big for most users β and those "under-threshold" rewards wouldn't have been meaningful anyway.
Most impressive: despite the huge % of sybils filtered, I barely saw any complaints about false positives. That's almost unheard of.
3. Criteria
I've always said: the simpler and clearer β the better. And Linea nailed it. From the start, LXP was introduced and everyone knew it would be the main factor. They avoided nonsense like @Starknet ".005 ETH at snapshot moment" or @zksync random memecoins/NFTs from other ecosystems. No insider moves were spotted either (unlike zkSync's liquidity games or Libertas Omnibus dumping). They even factored in stuff like pre-Dencun activity and post-campaign usage. Personally, I don't think they missed anything important or added anything unnecessary.
4. Distribution system for LXP holders
The core factor was LXP balance β fair and obvious. They used tiers instead of linear β good choice. Multipliers (pre-Dencun activity, post-campaign, MetaMask usage) were smart. Threshold was applied after multipliers, which was also correct. Of course, not everyone will be happy β that's impossible. But honestly, I can't think of a tweak that would've made it clearly better for the community overall.
5. LXP-L airdrop
This is the most controversial point. I get why people are upset, but linear distribution for liquidity campaigns is basically industry standard and the fairest option. Any other system would either be unfair or easily gamed.
Hard caps? They'd hurt the campaign's goal (max liquidity) and could be bypassed with multiple accounts.
PoH for Linea Surge participants? Same issue β reduced efficiency and easily bypassed. If you've got millions to farm liquidity, you can buy PoH accounts.
Retroactive rules? Would've been straight-up unfair to participants.
Balancing whales vs small farmers is one of the hardest challenges in airdrops, and many projects failed it. Starknet ignored LPs completely. zkSync & Scroll made LPs the decisive factor. All three approaches failed. Linea struck a middle ground by fully separating LXP and LXP-L airdrops. That was smart.
The only thing I'd improve: add vesting, at least for the top 100/1000 LXP-L holders. Also, communication was weak again β the team didn't clarify LXP-L allocation details after the tokenomics reveal, so most people assumed vesting was guaranteed. Linea didn't bother correcting that assumption.
βοΈMy conclusion: $LINEA airdrop is one of the fairest and best thought-out in a long time β hands down better than any competitor since $ARB. Still, it's important to understand that the community's overall impression will ultimately depend on the listing price and how the token trades shortly after. So I really hope Linea will surprise us and trade at multiples above the current premaket levels.
π Now curious to hear your thoughts β do you agree, disagree, or see other angles I missed?
$LINEA....π₯³ The highly anticipated Linear Airdrop checker is coming this week. Keep you seat belts tight...ππ and keep π on:
https://t.co/RGhMR2InDE
@LineaBuild
$LINEA....π₯³ The highly anticipated Linear Airdrop checker is coming this week. Keep you seat belts tight...ππ and keep π on:
https://t.co/RGhMR2InDE
@LineaBuild