X @Ignas | DeFi

1/2 Fragmentic clearly shows the flaws of airdrop farming era:TVL down by 89% but $FRAG is down 97% to ... $1m market cap despite no hacks/rugs.They raised $12m Seed round from Robot Ventures, Hashed, BitGo etc.Simple truth: they failed to find PMF and farmers left. https://t.co/OilkJNDgPb ...