solstice airdrop recap:
> charged users 0.075 SOL just to register
> made ~$95,771 from registration fees alone
> 1.4m wallets were marked eligible, yet only ~15k registered
> promised "most cohorts receive 100% at claim"
> ended up giving every wallet only 5-25% unlocked at TGE depending on rank
> after claiming your airdrop will still be vested for 3-9 months
> 3-month vesting requires maintaining qualifying TVL
> only 10 days to claim
> unlock 2 (including xeet rewards) happens 41 days after TGE
how deep airdrops has fallen...
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@3liXBT@solsticefi Yeah and all the most of the real users who put money in, are in that cohort 6. They shouldn't call this an airdrop, since you have to pay for your SLX tokens, it's more like a blind sale.
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4. Hyperliquid & HypeVM (Feb 18) - We are looking at a major scalability upgrade next month. Given their current dominance in fees, a successful technical upgrade makes the "undervalued infrastructure" thesis very hard to ignore.