This is how much your projects community actually cares about your product vs. just the airdrop.
So the question is, how do you retain users interest when they are here for the cash, even though your post TGE rewards system pays out better than most airdrop farms?
Im not the best poster, I admit that. But the difference is day and night from pre-post token.
Post TGE was also running a rewards system that outperformed what 99% of farmers typically earn via low capital or content airdrop farming.
It really puts into perspective how little our post 2021 participants care about the industry/products vs. a few nights at the strip club from stimmys.
I wouldn't pin this on being jaded from bad drops, since the bulk of participants are only one cycle deep, and if that was the case, they would look for other ways to earn.
Seeing some of the long term monad community members get very little had me pondering.
The lottery effect/window is real.
...you are seeing so many accounts now posting bait about founders history, life, or project hacks etc.
If you manage to get some growth from bull posting one project, great, but to X your following is made up of irrelevant accounts.
I have had many alt accounts, posting about Monad (and then stopping) hurt the growth of one faster than most others.
Interaction with D tier accounts consistently seems to be the strongest reason your X following doesn't grow.
You're not posting anything interesting, it's not funny and it's not viral. It's crypto slop...
Therefore you need to piggy back off other accounts, and in turn if you grow, they will do the same to you.
This is why
Earlier today, a guy attempted to commit suicide using .50cal M107 through the face.
Given the unusually large size of the bullet, the friends, like most friends, warned the guy about extraordinary sadness and death via pleading. The guy confirmed he wanted the suicide and proceeded to shoot himself in the head, accepting the death, which ultimately only resulted in the guy losing his jaw.
The gunshot could not be fired without the user explicitly accepting the risk and pulling the trigger using his own finger.
The M107 functioned as intended, and the firing of the gun followed standard industry mechanics. However, while the guy was able to proceed with the shot, the final outcome was clearly far from optimal.
Events like this do occur in life, but the size of this bullet (.50cal) was significantly larger than what is typically seen in the streets.
We sympathize with the guy and will try to mop up SOME of the blood around his mouth, but ultimately will leave him to bleed out on the floor.
The key takeaway is that while suicide should remain open and permissionless, allowing guys to perform it freely, there are additional guardrails the industry can build to better protect guys. Our team will be carrying on with our lives going forward.
Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface.
Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return.
The transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox.
The CoW Swap routers functioned as intended, and the integration followed standard industry practices. However, while the user was able to proceed with the swap, the final outcome was clearly far from optimal.
Events like this do occur in DeFi, but the scale of this transaction was significantly larger than what is typically seen in the space.
We sympathize with the user and will try to make a contact with the user and we will return $600K in fees collected from the transaction.
The key takeaway is that while DeFi should remain open and permissionless, allowing users to perform transactions freely, there are additional guardrails the industry can build to better protect users. Our team will be investigating ways to improve these safeguards going forward.