Does the Ethena Leaderboard from Bantr show that the creators you follow are truly engaged in the ecosystem?
Bantr, which focuses on mindshare + product usage, makes it impossible for creators to hide whether they are actually using the product agreement, making it quite suitable for deciding which creators to follow!
Today, I unexpectedly found that I ranked in the Top 200 on Bantr's Ethena Leaderboard for 7 days, currently at 106.
Its score is mainly composed of two parts:
1. The impact share of the community account & mind share
2. On-chain interactions with the product agreement
Although my account only has five hundred followers, it might be because of my deep usage of the Ethena product that my Personal Multiplier is the highest among the top two hundred (1.35)
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This leaderboard reveals a lot of information, for example, accounts that frequently post Ethena-related data often have a Personal Multiplier that is mostly the basic value (1), but the product usage (Community Multiplier) of followers tracking these accounts can reach as high as 2.
In summary, through Bantr's leaderboard, we can better filter the creators we want to follow, whether they are deeply engaged in the agreement and using the product, or purely data analysis-oriented creators.
For instance, I found that J2's Personal Multiplier also reached 1.25, and I immediately followed them, haha.
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Applied to other projects, it can also distinguish between token grab accounts and actual users, effectively filling the gaps in on-chain behavior tracking that everyone thought InfoFi projects like Kaito were lacking.
However, the rewards provided by the Ethena and Bantr leaderboard activities are not financial products, but rather X Affiliate Badges (distributed to the top ten), which are project labels attached to accounts, so there shouldn't be any so-called token grab users participating.
The accounts on the leaderboard do not include all Ethena content creators; only those connected to X and Bantr will be counted.
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*The opinions are solely my personal views and not financial advice (NFA), please do your own research (DYOR)
*Image source: Bantr
#Bantr #Ethena #ENA走势分析 #InfoFi $ENA $KAITO