Agree with @toly

~$5-10 airdrops don’t incentivize people who want to use apps with a utility token, they incentivize farmers who dilute the quality of discourse in the network

The degradation to content quality is not worth the DAU bump imo (empty calories)

First Solana token airdrop to @farcaster_xyz users (using zk compression!). We've got 4 more Solana token airdrops lined up totaling $80k. DM me if you're interested in running an airdrop

While it’s awesome to see solana infra used, I think airdrops for growth model isn’t what socialFI should be. You end up with a bunch of airdrop farmers at best, and bots on average.  

Imho, figure out a way to surface DAO asset management into groups and social and charge bips

toly 🇺🇸

Agree with @toly

~$5-10 airdrops don’t incentivize people who want to use apps with a utility token, they incentivize farmers who dilute the quality of discourse in the network

The degradation to content quality is not worth the DAU bump imo (empty calories)

https://x.com/aeyakovenko/status/1928829488043098226?s=46

friendly neighborhood shitcaster // working on @pinetree

I think it's largely a cultural problem around airdrops.

Farming is happening because of bad mechanisms used in the past.

As targeting gets better and better it will slowly fade into a cultural routine of "best practices" to be eligible for most airdrops, and otherwise just ppl being more diligent about putting their behavior onchain to qualify for stuff they actually care about. 

But this will only happen as projects figure out what to actually airdrop: 

Marketing/loyalty tokens. 

We're still learning.