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X @Ignas | DeFi
Ignas | DeFi· 2025-11-13 14:02
The perp DEX airdrop playbook seems simple:- Open short on one DEX and...- ... a long on another for perp DEXsKey is to monitor funding spread to generate outrageous APYs (e.g., 1256% APR on $ZORA)Use funding rate arbitrage scanners like @LorisTools, @Arbitraxdexs or the one built by @prz_chojeckiIt sounds simple, but fewer people farm this way than you might think.Tracking funding rates takes effort.Technical farmers use bots, but even retail degen traders can benefit due to lower(ish) liquidity for alt pe ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-13 11:09
And I'm saying this despite losing out on higher airdrop allocation than most of you (as a Hero). ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-13 11:08
From what I’ve seen from their posts, if more teams acted like this, altcoins would actually be a hot sector.Not a graveyard of shitcoins.Fewer grifts and rugs and more projects trying to build something that lasts. ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-13 11:05
Project Analysis - Fantasy Top's decision not to launch a token has angered airdrop farmers [1] - The team chose not to proceed with a Token Generation Event (TGE) despite potential profitability [1][2] - The team prioritized long-term game sustainability over short-term gains from a token launch [2] Community & User Feedback - Airdrop farmers feel betrayed by the lack of a token, viewing it as a "rug" [1] - Airdrop farmers are considered as "highly paid QA professionals" providing valuable feedback [2] - The team can use the feedback to improve the game [2] Strategic Implications - Forcing a TGE into an unprofitable system would have killed the game and reputation instantly [2] - Avoiding a token launch allows the team to focus on rebuilding and improving the game [2] - The team still has treasury, revenue, and room to rebuild [2]
X @Ignas | DeFi
Ignas | DeFi· 2025-11-13 09:20
Another consequence of 10/10 crash:Aave is removing volatile alts as collateral: $CRV, $UNI, $ZK, $BAL, $LDO, 1INCH, $METIS, $CAKEDuring the crash, oracle prices jumped 15% to 50% in single updates.Some feeds lagged by minutes posing risk of bad debt:If the oracle shows a lower price while price on DEXes haven’t moved yet, attackers deposit another asset, borrow the underpriced one, dump it onchain, and repeat until liquidity is gone.------This happened with $CRV.The Chainlink feed showed ~0.21 while on Cur ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-13 03:11
RT Ignas | DeFi (@DefiIgnas)Every bubble, no matter how financially destructive, leaves something positive behind.Memecoins:- We are counter-movement against low-float, high FDV VC x CEX grift- Battle tested Solana and other chains- Created innovation in token issuance modelsI'm glad the worst of memes is behind us.The insider cabal grift went to the highest office in the world. ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-13 03:00
RT Ignas | DeFi (@DefiIgnas)Industrial airdrop farming - bad.Yet, rewarding early users is crucial.Often, these "airdrop farmers" are the ones risking their capital before the protocol is fully battle-tested.Many suffer losses in exploits or due to protocol bugs.Airdrop farmers are the ones joining Discord to provide feedback on UX/UI issues, enabling teams to improve for broader adoption when risks are lower.One might call airdrop farmers "highly paid Quality Assurance" professionals. ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-13 02:10
RT Ignas | DeFi (@DefiIgnas)The Great Rotation: BTC won.Where does it leave ETH, SOL and Alts?Following the retail, whale, and institutional flows.Read it here: https://t.co/8dHc35ujZi ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-12 15:03
Every bubble, no matter how financially destructive, leaves something positive behind.Memecoins:- We are counter-movement against low-float, high FDV VC x CEX grift- Battle tested Solana and other chains- Created innovation in token issuance modelsI'm glad the worst of memes is behind us.The insider cabal grift went to the highest office in the world.DonAlt (@CryptoDonAlt):Can we all agree now that memes went to zero that they were a net negative for the spaceAnd that all the meme shilling inflicted infinit ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-12 14:54
Industrial airdrop farming - bad.Yet, rewarding early users is crucial.Often, these "airdrop farmers" are the ones risking their capital before the protocol is fully battle-tested.Many suffer losses in exploits or due to protocol bugs.Airdrop farmers are the ones joining Discord to provide feedback on UX/UI issues, enabling teams to improve for broader adoption when risks are lower.One might call airdrop farmers "highly paid Quality Assurance" professionals.Haseeb >|< (@hosseeb):Late to this, but as a VC, h ...