Airpuff Intern

Intern @airpuff_io - Only BUFFING | Professional Shitposting

Insight on Airpuff strategy

[Airpuff Intern @Airpuff_Intern]

The @airpuff_io incentive program went live recently and 7% of $APUFF will be dropped to our points hodlerrrsss!😮

Imagine, you can farm @eigencloud, LRT & $APUFF points at the same time?

Intern is generous enuf to give some Alfa to maximize your Airpuff points earning. 👇

[Airpuff Intern @Airpuff_Intern]

Last call on @ether_fi szn 2 points boissss👀

[ether.fi @ether_fi]

🚨 18 days left in Season 2! Reminder: rewards will be a linear distribution across all participants, there will be no top ups. We firmly believe that this is the fairest method of recognizing participation and contribution to growth of the protocol.

Details in our docs - https://t.co/aXHMpK6hXd

[Airpuff Intern @Airpuff_Intern]

Hey retardios 🧠

Did you know $ezETH is current trading at discount?

Assuming withdraw will be enabled next week and repeg above 1 $ETH.

If you open a 10x leverage now, you can earn 40% ROI, when the price repeg above 1.

(This is NFA, DYOR)

[Airpuff Intern @Airpuff_Intern]

Don't miss the chance on earning 8XP per $1 deposit with @airpuff_io

Da huge opportunity to step up in @SolvProtocol XP game

AIRPUFFFFF

[Airpuff Intern @Airpuff_Intern]

Salam Buffers

Looking for next @eigencloud ? Check out our new buff on @Karak_Network.

You can leverage up to 7x $KUSDC and earn up to 11.9x Karak XP or lend your USDC to earn Karak XP passively

[Airpuff Intern @Airpuff_Intern]

Alright, listen up bois

Want some extra APUFF emission on @airpuff_io ETH lending pools ?

Make sure you lock at least 5% of Lend's position value (In USD) in veAPUFF.

[Airpuff Intern @Airpuff_Intern]

@ether_fi @renzoai @eigencloud Who's da EtherFi intern? 🤌😂

Me gusta

[Airpuff Intern @Airpuff_Intern]

Yes, its finally here.

Go lock your $APUFF now and enjoy som boosted yield.

[Airpuff Intern @Airpuff_Intern]

The LRT that hasn't announced token TGE yet 👀

IYKYK

[Eigen Foundation @eigenfoundation]

Clarifications with respect to the Season 1, Phase 2 allocations of 10% (approximately 7.77M EIGEN), Pendle, and certain other unresolved (DeFi) contracts.

– Users of Pendle or any unresolved (DeFi) contract are not penalized in the distribution.
– 10% is an approximate percentage of the total Season 1 allocation; the exact allocation for Phase 2 is 9.28%.
– The allocation for Season 1, Phase 2 was not pre-determined but rather, reflects the aggregate allocation associated with unresolved (DeFi) contracts.

Did Season 2 start?
Yes, ecosystem participation beyond the March 15 snapshot will be considered for Season 2.

How much of the total initial supply of EIGEN was allocated to Season 1: Phase 1 and Phase 2?

Season 1: 5% of total initial EIGEN supply (83.68M),
– Phase 1: 4.54% of total initial EIGEN supply (75.91M)
– Phase 2: 0.46% of total initial EIGEN supply (7.77M)

Which types of users and contracts are included in Phase 2 as an “unresolved (DeFi) contract”?

Any LRT that was split into multiple assets or a derivative asset is an “unresolved (DeFi) contract” that will be included in Season 1, Phase 2. This includes LRTs that were deposited into Pendle, Equilibrium, Penpie, and similar protocols + any usage of the rsETH token from the Kelp project.

Are the Phase 2 unresolved (DeFi) contracts being penalized compared to other stakers?

No, these unresolved (DeFi) contracts were not penalized. They were treated the same as individual users, and they will receive the same allocation collectively as they would have received if the contracts were individual users.

We allocated to the unresolved (DeFi) contracts rather than individual end users because the end user either could not be identified or because determining a “fair” allocation required an opinionated decision which is best suited for the LRT projects to determine.

Keep in mind, the unresolved (DeFi) contracts are generally newer (most of them were deployed in January 2024 or later, though EigenLayer enabled restaking on mainnet in June 2023). Because the snapshot for Season 1 is March 15 and duration of staking was a factor, the allocation for unresolved (DeFi) contracts came out to 9.28% of Season 1.

Was the Phase 2 allocation of 10% to unresolved (DeFi) contracts pre-determined (i.e. fixed)?

No, phase 2 was allocated roughly 10% (9.28% to be precise) of the total Season 1 stakedrop because that is the amount of tokens that the “unresolved (DeFi) contracts” would have received if they were individual users.

As mentioned above, these DeFi contracts were not penalized. They were treated the same as individual users and will receive the same distribution collectively as they would if the contract was an individual user.

How will the exact allocations for Season 1 Phase 2 be determined?

As we mentioned in our FAQ https://t.co/XBhhDuDqrC

The process for determining Phase 2 allocations will work as follows:

1. Simultaneous with the EIGEN announcement, the Eigen Foundation reached out to each LRT project informing them of their portion of EIGEN reserved for Phase 2. Each LRT project has been asked to provide a list of wallet addresses and allocations for their users.

2. Over the following 2-3 weeks, each LRT project will provide Eigen Foundation the list of wallet addresses. That list will be used to allocate each LRT’s portion of EIGEN to end users.

3. Eigen Foundation will set up claims for Phase 2 of Season 1 stakedrop based on the allocations provided by the LRT projects.

Please follow us on this account @eigenfoundation for more information in the coming weeks.

Additionally, please check with your LRT protocol starting the week of May 6th for more information on Season 1: Phase 2. Please be patient as they might need a little time to gather information and guidance.

Please note that Eigen Foundation is not affiliated with any LRT project, token, or protocol.

Thanks for your participation in the EigenLayer ecosystem!

- THE END -

[Airpuff Intern @Airpuff_Intern]

@airpuff_io @renzoai

[Airpuff Intern @Airpuff_Intern]

Hey @airpuff_io 👀

Full of alfa here🤌

[Airpuff Intern @Airpuff_Intern]

boolish on @airpuff_io ☁️

[3poch @3pochLabs]

We are bullish on @airpuff_io this cycle 👀 $APUFF

Here's why:

1) Airdrop and Points Farming has been a theme of this cycle in a far bigger way than any previous cycle

But Airdrop Farming is currently very haphazard and requires managing lots of wallets and individually connecting to and depositing into various smart contracts

This increases both operational and security risks due to exposure to multiple levels of potentially unsafe smart contracts

Airpuff aggregates airdrop activity into one seamless dapp and allows you to farm multiple curated airdrops

Currently they support a variety of Eigenlayer ecosystem dapps as well as Ethena

But other protocols can do this. So what's special about Airpuff?

2) Airpuff allows you to leverage farm points with their innovative mechanism

There are 4 steps involved in Airpuff's design. Here's how it works:

- Lenders contribute capital to earn a fixed interest rate
- Leverage farmers can use this capital to farm points by depositing collateral
- The protocol pools this capital to mint protocol tokens that represent leveraged positions within the ecosystem
- Leveragers pay a fixed rate (as well as give them a share of points) to lenders in exchange for utilizing their funds

Leverage Farming of Points allows you to potentially earn huge airdrops with just a small deposit of collateral

Comparable protocols:

$PENDLE - $572m Mcap
$GEAR - $127m Mcap
$APUFF - $3.2m Mcap

The upside is clear. But how will Airpuff differentiate itself from its competitors

3) Bullish Roadmap

- AI-powered analytics. This automatically reprices the token given the AI mania we're seeing right now in markets. They plan on integrating with various AI companies and protocols to ensure that their Airdrop Farming strategies are industry-leading

- Expansion to Layer 2s and Solana

- Eventual expansion to many other chains

Closing Thoughts

Airpuff can moon given the combination of:

- Leverage Airdrop Farming
- Expansion to retail chains like Solana and Base
- Leaning heavily into the AI narrative
- The team is committed and has used 1/3rd of the funds raised for their Uniswap pool and the other 2/3rds will all go towards further development of the product

We @3pochLabs are bullish and you should be too

[Airpuff Intern @Airpuff_Intern]

@3pochLabs @airpuff_io AIRPUFFFFFFFFFFFF

[Airpuff Intern @Airpuff_Intern]

$REZ - @renzoai

[Airpuff Intern @Airpuff_Intern]

@airpuff_io plz gib me alfa, I won't leak

[Airpuff Intern @Airpuff_Intern]

@crypto_linn fat (buffed) catto

[Airpuff Intern @Airpuff_Intern]

@crypto_linn @ExMakato @airpuff_io

[Airpuff Intern @Airpuff_Intern]

Last call on @airpuff_io szn 1 👀

Still wanna step up your game faster before it ends?

Tryna look at air boost in "air-container".