While @Cbb0fe is farming nearly 200K weekly on Berachain, most people are still aping memecoins and getting rekt every day.
As a DeFi farmer, let me guide you through how to do low-risk & high-risk yield farming through @beraborrow so you won't miss any juicy passive income.
There has never been a moment where any chain has its real-world TPS meet its maximum theoretical TPS.
High TPS will never be a durable moat. Distribution is still the key rule of an ecosystem. That's the reason why you should treat your community better. Reward them properly, and they will be your best distribution channels.
I stopped using AI for brainstorming my initial ideas.
I realized that relying on AI for convenience outsources my critical thinking to the model. For a 10-minute read article (in-depth discussion), I usually spend over 3 hours researching and writing to refine it. Now, with the right sources, I can finish it in under 1.5 hours.
While AI is highly productive, it comes with a cost. It's like using a calculator instead of your brain; you risk losing the ability to calculate without tools.
Our critical thinking and imagination make humans special—linking ideas and creating something new. If I gradually lose this ability, AI could fully replace me.
If you don't use it, you lose it. Thinking and writing foster intellectual growth, setting humans apart from other animals. Some may argue it’s foolish to do math manually when you have a calculator.
I agree, but it's about balance. If you rely on a calculator for "29+67," you're likely over-dependent on technology. It's unfortunate if social media and AI cause humans to lose focus and intellectual depth.
Is Airdrop Farming a Necessary Evil or an Unsustainable Ponzi?
There's a rising tension between projects and airdrop farmers. Early-stage projects often benefit significantly from farmers who drive initial traction, interactions, and TVL. Yet, once established, these projects increasingly label farmers as "Sybil attackers" to deny promised rewards, funneling incentives instead toward insiders and big players.
Example: $SCROLL, $RED, $LAYER
Consider the stagnant growth of networks like @Starknet, @zksync, @blast, we've seen many infrastructure projects risk becoming ghost towns without farmers.
When will we finally see Web3 projects built around genuinely profitable business models, where investors and early users are transparently rewarded for sustainable contributions rather than being exploited as temporary liquidity?
The chart below is one of the best PMFs in crypto - @LayerZero_Fndn pre/post airdrop activity. It shows that projects can talk the loudest when they didn't launch their token.
People dm me about @SonicLabs new stables protocol @stout_fi. Here's my non-biased analysis.
There are 4 tokens in this protocol: 1. $STTX - utility token with a rising price floor 2. $veSTTX - Governance token by locking STTX 3. $DUSX - USD-pegged stablecoin 4. $stDUSX - earns 75% of the protocol revenue
It sounds complicated, but I think most people can ignore the yield of DUSX/stDUSX, as you can probably earn a better yield from @ethena_labs.
The interesting design for $STTX here is the "time-based burn mechanism". STTX will be burnt continuously, and therefore its floor price will increase. Any STTX held in a normal wallet will gradually burn away, so users are incentivized to either provide liquidity or lock STTX as veSTTX to avoid the burn.
If we break down the flow:
(i) STTX bootstrap funds the DUSX reserve by giving DUSX initial liquidity
(ii) veSTTX holders gain value from floor increases
(iii) Using veSTTX as collateral ties the stablecoin (DUSX) health.
Risks:
(i) STTX actual demand - if market demand for STTX is weak, it could trade very close to its floor (=minimum backing). If mass redemptions happen (everyone burning STTX for DUSX), it could deplete that reserve.
(ii) Lack of DUSX adoption - A stablecoin without adoption will not go anywhere. The protocol fundamentally encourages users to "borrow DUSX, stake it, earn yield". It means much of the DUSX supply might remain locked in staking; its long-term sustainability will depend on having enough real economic activity to feed the revenue that pays stakers.
Is Airdrop Farming a Necessary Evil or an Unsustainable Ponzi?
There's a rising tension between projects and airdrop farmers. Early-stage projects often benefit significantly from farmers who drive initial traction, interactions, and TVL. Yet, once established, these projects increasingly label farmers as "Sybil attackers" to deny promised rewards, funneling incentives instead toward insiders and big players.
Example: $SCROLL, $RED, $LAYER
Consider the stagnant growth of networks like @Starknet, @zksync, @blast, we've seen many infrastructure projects risk becoming ghost towns without farmers.
When will we finally see Web3 projects built around genuinely profitable business models, where investors and early users are transparently rewarded for sustainable contributions rather than being exploited as temporary liquidity?
The chart below is one of the best PMFs in crypto - @LayerZero_Fndn pre/post airdrop activity. It shows that projects can talk the loudest when they didn't launch their token.