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696🎩
@6969
Farmer's POV: $ZK takeaways! 🧵(1/3) • Variety of strategies. It really paid off using different strategies and although medium and small wallets basically got nothing, it was a good bet to try it out. Focusing on more than 1 big quality accounts was really smart and that's one of my main takeaways: have 5ish big juicy legit farmor accounts with a deep rich history and previous qualifications and go at it. It also allows for an easier and more pleasant farming because it's not that tedious to repeat. • Giving up small sybilling accounts. ZKsync had 9M+ wallets and only ~696k qualified. It makes no sense to continue using low value and quality wallets while spending one's time and energy. Farmers are not going away, thus you'd still need to stand out in the sea of hopeful airdrop chasers.
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696🎩
@6969
(2/3) • Farming can be ze wei - great risk/reward. Airdrop farming can be profitable due to great R/R. You have a capped downside of how much money you are going to burn on gas fees, NFTs and what not and you have quite an unlimited upside. Yes, zksync had a cap at 100k points but that would have been more than enough to guarantee an insane upside. • Sybilling is a must. Due to upside being capped sometimes, we have to hedge ourselves or, like in the case with $eigen, lower value accounts are rewarded for being too low of a value lol. For those reasons, it's important not to whale projects unless there's a transparent structure of unlimited upside that aims clearly to not forego whales.
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696🎩
@6969
(3/3) • Overview I've heard and been told that it's too late to start farming yada yada but a decent chunk of $zk considering that I started late with no prior knowledge is a great accomplishment. Airdrop farming was and still is one of the most lucrative ways to gain the edge. However, I would argue that the edge lies in whaling some metrics or in ability to access those resources to pump up your stats and lesser accounts without that capital are unable to compete, therefore missing out on the great R/R play which in turn makes it worthwhile for lower value portfolios. Time and effort is no longer enough not just to outcompete but to even have a decent chunk of making it. What are your takeaways?
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Jume0x
@jume0x
Definitely trying to get more capital for my main airdrop farming wallet and provide liquidity. Liquidity was a big plus for ZK, guess for others too.
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