RIP to those thinking this is a realized loss. Those who know the game already know what’s going on here.
Small examples from my past farming:
- Hyperliquid: PnL -$1K | Airdrop $150K
- Lighter: PnL -$15K | Airdrop $30K
- Avantis: PnL -$4K | Airdrop $28K
- Aevo: PnL -$2.1K | Airdrop $15K
- Zeta: PnL -$300 | Airdrop $4K
Got way more examples, but this alone should explain the game.
Of course the goal is always to lose as little as possible, but sometimes the best farms come with short-term sacrifice along the way.
Those who understand the game keep playing. Those who don’t just see the temporary red and panic.
Not a flex post btw, just sharing perspective from someone who’s been through multiple cycles already.