EDGE (EDGE)

Memo as a later lesson 📝 If 14% of the 21% of the airdrop is from market makers (MM), roughly two-thirds of the volume and revenue come from MM. The data supporting this is that, despite volume and revenue, TVL is low, which makes sense if you think it's just because MM are doing HFT cycles. The point is that it's an off-chain token, so it's outside of verification feasibility. Thus, it's necessary to discern the operators steering the ship (hard).

edgeX $EDGE airdrop, it's turned into something outrageous. Initially it was supposed that "points users would get 21% airdrop", but when the lid was opened it appears that "14% goes to liquidity providers/partners", and it was revealed completely afterwards. "21 - 14 = 7%" only for points community. No wonder the allocation is small. Seriously harsh.

EDGEX AIRDROP - FULL BREAKDOWN EdgeX airdropped $195 MILLION to their users. Or did they? After on-chain sleuths called them out, EdgeX revealed that 14% of the airdrop was actually directed towards ‘partners and liquidity providers’. That’s $94.6M - almost HALF of the airdrop. https://t.co/WvhMIU0eD4

Whoa... $EDGE isn't a huge amount, 111,000 KRW airdrop...! Combined with MARU and USDT rewards, it seems to be roughly 4~5 million KRW... Indeed, exchange airdrops are great :) (Of course I didn't do any volume work haha;; just tried deposit farming) ---- There are about two projects I'm trying for deposit and volume work: StandX and xStocks. - StandX is from the team that built Binance Perp, doing a Perp+Stable project, so I think Binance's side has some strength, and I'm trying deposit work. (https://t.co/uu0TCIxbLt) - xStocks is about tokenizing stocks, I think the utilization market is the future, and since they're making moves there, I'm preemptively farming. (https://t.co/VL6sv5dya2) ----- Of course, airdrops and point farming don't guarantee profit, but in the current volatile market, they are a relatively safe way to seek returns. -> Some of my portfolio continues to circulate in airdrop activities

Things gonna happen in the next 7 days: + @edgeX_exchange is going to have their TGE today Mar 31, featuring $EDGE + @JupiterExchange runs a 7-day campaign that doubles rewards via referring friends to join Jupiter Global, closing in Sunday + @xStocksFi is live on Morpho, introducing RWAs as collateral assets in lending + @binance will unveil 24/7 perpetual futures trading in WTI crude, Brent crude, and natural gas (NATGASUSDT) on Apr 1 + @SushiSwap will launch perp for the first time on Apr 2 + @wormhole gonna face a large token unlocks on Apr 3, sitting at around 28% of the supply + @HyperliquidX also unlocks 2.65% of the $HYPE supply on Apr 6 What did I miss?

Whoa... $EDGE isn't a huge amount, 111,000 KRW airdrop...! Combined with MARU and USDT rewards, it seems to be roughly 4~5 million KRW... Indeed, exchange airdrops are great :) (Of course I didn't do any volume work haha;; just tried deposit farming) ---- There are about two projects I'm trying for deposit and volume work: StandX and xStocks. - StandX is from the team that built Binance Perp, doing a Perp+Stable project, so I think Binance's side has some strength, and I'm trying deposit work. (https://t.co/uu0TCIxbLt) - xStocks is about tokenizing stocks, I think the utilization market is the future, and since they're making moves there, I'm preemptively farming. (https://t.co/VL6sv5dya2) ----- Of course, airdrops and point farming don't guarantee profit, but in the current volatile market, they are a relatively safe way to seek returns. -> Some of my portfolio continues to circulate in airdrop activities