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https://warpcast.com/~/channel/superfluid
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Daikie.eth
@daikie
Airdrops are broken. @superfluid's SRP campaign is here to fix that. 🧵1/9👇
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Daikie.eth
@daikie
2/9 Since time immemorial the blockchain industry has used airdrop campaigns to bootstrap new coins, new tokens, new ecosystems. From faucets handing out bitcoin teaching people about blockchains, to smol $1-$15 candy packages showing people what else cryptocurrencies can do, to more lucrative allocations for pre-existing token holders, the airdrop mechanic has come a long way. The modern version of airdrops started emerging in 2016. It was a marketing tool, quite often making the rich richer and usually entailed getting tokens for protocol B on behalf of owning tokens for protocol A. Uniswap changed the paradigm in 2020 by making it feasible for users with no prior wealth to partake in token distribution mechanisms which ushered in a Defi summer with many protocols following in its footsteps. Mind you, before these events the standard set by web2 was ZERO value accumulating to users. At best you receive but a small slice (if any) of the pie through creators rewards.
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Daikie.eth
@daikie
3/9 Most of all value acquired on the steadily maturing digital landscape went into the pockets of insiders, VCs and whales and it still mostly does. Arguably were it not for the paradigm shift ushered in by Uniswap these platforms would never even have been enticed to emit user rewards to the degree they have. Airdrops as intended by Uniswap is a reward to users partaking in the protocol. The thesis was users should have skin-in-the-game and be allowed to partake in the protocol's wellbeing through DAO governance as a result of partaking in set protocol. This novel means of involving users in the value creation process simply did not exist prior to 2020. With it however, came a whole new industry of airdrop farmers. Value draining operations blending in with regular users aiming to extract as much value from the web3 ecosystem as possible, eroding the initial intent of the airdrop.
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Daikie.eth
@daikie
4/9 The standard Uniswap set of retroactively rewarding protocol usage has turned the distribution mechanism into a cat and mouse game and nullified airdrops from a means to reward the community to a customer acquisition cost equation and has led to a status quo of points programs with highly dubious outcomes. Furthermore, airdrops are usually retroactive and these days vouch for an airdrop-part-2-super-deluxe which tends to be a carrot on a stick that only whales end up winning. Market forces turned good intentions into predatory behaviours. Because of this (after some initial hype induced pumping) other than Uniswap who pioneered this distribution mechanism airdrops rarely retain their initial value let alone entice growth. Airdrops have become a long line of speculative farming behaviours which may or may not lead to indented rewards and provide no real incentives for users to stick around after they've received their one-time pay-out.
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Daikie.eth
@daikie
5/9 It's 2025, it's time to try something new. Superfluid innovates on the airdrop farming race to the bottom in a few novel ways. But before we continue this thread, let's get you onboarded with a shout-out where it all began; a faucet You can start partaking right here now and earn your first SUP completely for free by joinking the stream. 👇 https://farcaster.xyz/miniapps/qva4-LdCMptX/sup
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Daikie.eth
@daikie
6/9 ( /69ism 🥸) Assuming you just interacted with the mini app; welcome aboard 🤝 The pivotal difference with other token distribution methods here is: the SUP you earn in this mini-app is yours. Not points, not a pledge, not promises, actual onchain SUP tokens accumulating in your very own streaming reserve. That in of itself sets Superfluid apart from countless incentive programs where participants are interacting with vague points systems leaving a lot of the community in the cold because they earned 307k points but needed 309k points to be eligible for an airdrop. They are not community driving incentives, they are marketing driven tools. With Superfluid's Streaming Programmatic Rewards (SPR) campaign on the other hand, every 'point' you earn, is verifiably onchain SUP. No illusionary speculative carrots, actual segmented value accrue. The more you broadly interact with the Superfluid ecosystem, the more SUP you earn.
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Daikie.eth
@daikie
7/9 To align with network growth earned SUP is not yet transferable. This will occur at Token Transfer Event (TTE), rather than at inception of the Token Generation Event (TGE), which introduces another novel governance tool (the intended purpose of airdrops as established by Uniswap) allowing the governance to start forming prior to TGE. (no tokens = no ability to vote) which builds a stronger foundation for a flourishing DAO allowing for community input prior to TTE as well as continuing incentives far beyond the initial "hype cycle" induced by massive token drops. The SRP distribution campaign will last of 2 years (started Feb 2025, 9% and counting distributed thus far), 30% of SUP the 1B token supply will flow to incentives to further bootstrap expansion of the superfluid ecosystem as new dapps emerging as well as endorse the growth of existing dapps and utilities. PS: if you are a developer integrating streaming tech into your dapp, there is still ample time to sign up for SUP incentives!
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Daikie.eth
@daikie
8/9 Earned SUP tokens accumulate in your SUP Reserve, an account abstracted wallet you control. At the time of TTE (expected to occur by November 2025) users will have the option to 'liquidate' their reserve and walk away with 20% of the value, reflecting the traditional airdrop mechanic. Long term oriented thinkers who believe in the massive potential Superfluid has can stake their SUP to absorb the liquidated tokens and receive additional SUP streamed into their reserve, while midtermers can simply stream-exit their reserve over a 6 month timespawn. Since short term thinkers have dumped their tokens at TTE, net new buyers can be confident those who still hold the supply are at least mid to long term thinkers which is a more enticing investment thesis than buying something after it has its moment in the sun airdrop campaign, which evokes a more reliable growth model.
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