🇸🇬 DAS: Hyperliquid founder @chameleon_jeff says at @blockworksDAS that options are the obvious next piece for the platform, so traders can hedge them against spot and perps on the same order books.
@DeeZe If you make a NFT of a real porsche 911, and the 911 itself gets destroyed in a fire tomorrow, you still have the same asset.
Because the token still exists and is in limited supply just as before. Nothing has changed.
What NFT is doing to the concept of asset, few understand.
I'm not the right person to ask on the kinetiq:native airdrop here tbh because I'm clearly biased
All the kPoints I received were by just staking kinetiq:native and holding a little kHYPE, I basically did nothing special or intentional outside of the usual to "farm" them.
So from my perspective as a kinetiq:native buyer here, I'm like cool, buying some more at a discount to spot for really not doing much.
And for reference, if I really wanted to, I still could have just went and exercised at $0.26 and sold higher here and locked in a free $10,000 or so profit, which wouldn't be bad in airdrop world.
This is a very common way of doing things at big tech companies with stock options etc. Pretty new concept for crypto though so better education/communication or expectation setting would have helped a ton.
If you're an existing holder/investor and didn't want to get a massive supply increase that historically gets dumped, you're probably pretty content here.
If you're a guy who was intentionally trying to farm @Markets_xyz volume to get his allocation and didn't buy any, then you're justifiably pretty upset and disappointed.
I will say there though that intentionally trying to "farm" airdrops still comes with risks, you can't just expect to provide less value to the token than the equity you'll receive back every time. You have a cost of farming and hope that you read the tea leaves well and think the team will reward that cost more. Same thing happens all the time with Pendle YT speculators.
There's guys out there still farming a future TradeXYZ airdrop and paying real fees for something that, imo, will never come
End of the day, I'm buying more because it's a chance to buy lower, if you are disappointed or feel betrayed then I can sympathize there too.
I never really factored the airdrop into my bull or bear case. Supply comes on market, price finds its level, fundamentals prevail.
Honestly, as I said in my $HYPE S3 airdrop post, I kinda hate the expectations placed on tokens for these airdrops past the first round these days. Like these are real cash flow generating companies now, not memecoins. They need to be run like companies, and there's a fine line between onboarding new users and dilluting existings ones
I was buying north of $0.40 yesterday after the Ascend news, maybe I'll get the chance to buy south of $0.30 today. It'll all be good entries for where I think price is headed.
“this is everyone in the group chat, they’re all pretty racist, have gambling and substance abuse problems and would absolutely steal all my money if they could, but once you get past that they are a great group of friends”
Look guys, I think there’s a deep misunderstanding of what stonk’s main token: it’s Zcat, and it’s not even close.
It’s not Stonk.
No one gives a shit about launchpads, it’s just their ability to produce runners, and the ceiling they set. The whole stonk run - both the token itself and the rest of the eco - started there and will end there if they keep vamping themselves with endless copycats, same exact tickers in top 10 even, instead of backing their unique runners directly.
If the players don’t understand this dynamic and go back to farming bundled unoriginal 2 milli toppers, it’s over.
Long Eco in that sense is vastly superior, and it shows in the raw numbers, in larger mcap, deeper liquidity pools and established pairs.
That’s their main ability: creating moats around winning teams. Anti vamp measures, ticker protection, in house support. Sacrificing volume and in house revenue short term for a more sustainable long term model.
After an explosive runup, Pons was starting to retrace HARD until Orbi went for a 100 milli run, and they recognized that and BACKED it. Gave their star players like Orbi itself and Index their own pairs and benefits. And it’s now 50% off the lows since and running. More of that. More support, incentives, fostering in house talent.
Base memestonk model will live and die by Vcat. I still stand by that too. In the ability to create a massive runner for their best pair/app/protocol on the market, VVV.
And creating a moat around it, in fostering their growth.
Again, no one gives a fuck about launchpads. Main runners up immensely is the only way out.
I told you ..He will also leave India.
US govt will ask him to visit US and rectify the issues .Unlike India...Jaha Dehati IAS iski aisi taisi kar rahe the.