Zach pfp
Zach
@zherring
Infected got 16,000 op Chonks got 300 op https://x.com/banterlytics/status/1907951504511975724
4 replies
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Zach pfp
Zach
@zherring
Show me incentives and I'll show you something else I can't remember the full quote.
1 reply
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Michael Gingras (lilfrog) pfp
Michael Gingras (lilfrog)
@frog
And 300 OP is like 200 dollars. Not even worth building for the ecosystem at that rate
1 reply
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Zach pfp
Zach
@zherring
At least Uniswap got the max allocation though. Thank God we're still giving grants to the only protocol that has PMF.
1 reply
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2 reactions

Michael Gingras (lilfrog) pfp
Michael Gingras (lilfrog)
@frog
My bigger frustration is with the builder grants that you apply for. I got one last year, mentally expecting a certain payout based on current token price. Anchored myself to that price and put in hundreds of hours of work expecting that payout, hired design help out of pocket, etc OP makes you lock the tokens for a year, and now by the time I’ll get them my payout is something like 85% less than what I’d originally anchored myself too. It’s not possible to do any sort of serious work if the grant you receive can lose 85% of its value by the time you get it
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