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Eoin π© BananaConf APR 2024
@lockey374
Breaking down the /layerzero $ZRO airdrop criteria announcement and the legitimate genius of it! 1. Seemingly overly strict criteria: When the below medium dropped with little clarification they caused uproar on CT, with everyone assuming they were going to be sybil flagged. Genius tick no. 1- Create online chaos...
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Eoin π© BananaConf APR 2024
@lockey374
2. Allowing "sybils" to self report for 15% of their alleged airdrop... How many mid-tier /farmers will panic and take the safe 15% allocation? Thus safely reducing $ZRO allocation dilution, if you're a mid-tier or top-tier Farmoooor, go touch some grass you have 13 days left to make a decision.
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Eoin π© BananaConf APR 2024
@lockey374
3. Bountys! Incentivising on-chain autists to manually dox sybils will increase Layerzero usage metrics as /degens desperately try to PVP allocations.There will be false-positives here, unsure how this will be handled, but expect more outrage (free-publicity) on CT. Genius Tick: reduced dilution/increased usage metrics
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Eoin π© BananaConf APR 2024
@lockey374
4. Name-checking Merkly was a dirty but effective maneouvre sending threadoors like @layerzeromaxi (who is a team advisor) into a frenzy of posts highlighting how this was an unfair slight on a team who's protocol was interacted with by nearly 25% of all wallets utilising L0.
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Eoin π© BananaConf APR 2024
@lockey374
Genius Tick: Threadoor Post Frenzy on X. https://x.com/CC2Ventures/status/1786687593473589729
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Eoin π© BananaConf APR 2024
@lockey374
5. Bait & Switch. My oppinion here is that this is a classic manoeuvre. They can walk all this back reducing backlash by "listening to the community" They were dead right to post the most controversial criteria possible, nothing is permanent yet. They can easily pivot to make users happy.
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