Berachain (BERA)

I'm not accomplished enough to talk with arrogance here...but I really don't understand how folks on the Berachain team came up with such a poor design for the BERA airdrop. Boyco has been a total failure. Boyco pulled in huge deposits, but most of that liquidity came from users who never actually engaged with the Berachain ecosystem. People parked assets on Ethereum, waited for rewards, then left once the funds were bridged to Berachain and the campaign ended. ➝ The design focused on gathering liquidity rather than helping users integrate into the ecosystem, which created mercenary capital instead of long-term participants. a) PoL was/is too complicated to understand. Many depositors didn't bother learning. b) actually there was no reason to stay after Boyco's campaign ended since there was literally no good app to even use in the first place. The whole campaign was about depositing liquidity, and nothing was really thought through when it came to making that liquidity useful and efficient. 10M BERA were distributed to Boyco depositors (more than 10% of the community allocation). ➝ waste of resources in favor of mercenary farmers that weren't "forced" to contribute to ecosystem growth in any meaningful way. ➝ not that TVL metric matters much but this massive outflow has been very bad for Berachain optics: people are exiting the Bera eco en masse. Liquidity mining and user acquisition are difficult, sure, but I don't get this obsession with meaningless KPIs. Why not design an airdrop model that caters to long-term, loyal, and productive users instead?

Major Layer 1 launches in 2025 are telling a clear story: 1. Berachain: –92% 2. Plasma: –81% 3. Monad: +2% The market doesn’t want more unnecessary L1s.

People who say Berachain failed, Celestia failed and all such nonsense don’t realise that in crypto it’s much better to fail in a bull market than to succeed in a bear market