#币安广场

I once relied on an airdrop and made 300,000.

It wasn't about trading coins, nor working a job, but rather the accumulation of repeated 'on-chain activities'.

You may have heard of 'farming tokens', but you may not know the harsh realities and opportunities behind it.

🟢 Phase One: The Emergence of Wealth Codes

At that time, I had just started exploring L2, and for the first time understood what interaction, weekly activity, and on-chain engagement meant.

I began day after day switching chains, executing transactions, and building activity levels, all in hopes of securing a potential airdrop.

My first pot of gold came from the @arbitrum airdrop: a single account worth 1200U, I had 10 accounts, netting over ten thousand.

Even earlier, there were @Aptos testnet, @Omni testnet. Though the process was tedious, when you watch your wallet explode, it all feels worthwhile.

[ At that moment, I believed that farming tokens was one of the rare 'fair games' for retail investors. ]

🟡 Phase Two: Ambush Under the Illusion of a Bull Market

As the bull market brewed, I brought in two people to join me in farming tokens, starting large-scale account expansions, staking, cross-chain activities, and running contracts,

In the past, I wouldn't dare spend 2U on gas; now, I don’t blink at a 20U interaction.

But all the foreshadowing was laid during the craziest moments of the bull market.

I used the strategy of 'sniping ARB' to farm zkSync, resulting in—complete disaster, all accounts were flagged as fraudulent.

That night I was completely stunned.

🔥 Phase Three: The Era of Counter-Farming Arrives

The @LayerZero bounty on heads and mutual reporting within the community became the last straw that broke the camel's back.

The original 'farming paradise' turned into a 'counter-farming hunting ground'.

Wallets were hacked, private keys leaked, and I personally buried the hundreds of thousands I had previously earned.

From hope to collapse, it took just a few months.

🔻 Phase Four: Deep Reflection & Experience Summary

I have stepped into these pits and have seen countless others repeat the same mistakes:

1⃣ Blindly expanding accounts, leading to soaring operational costs

2⃣ Using old experiences for new projects, misjudging the rules

3⃣ Ignoring risk management, going all in on funds

4⃣ Project counter-farming, complex and difficult to discern airdrop mechanisms

5⃣ Poor security awareness, getting wiped out by hackers overnight

You may have also farmed these projects: @Redstone, @Story, @EigenLayer, @AltLayer, @Movement, @L0 @linea……

But they all prove one thing:

The money earned is exchanged for life and luck, while the money lost is due to a lack of clarity.

🧠 Many people now say 'traditional token farming is dead', what do you think?