Celestia was the OG blueprint for the modular + airdrop farming era. - Airdropped 60M $TIA (with ~45M still unclaimed for future drops back then) - Average wallet got ~150 tokens → that free drop went from ~$300 value → peaked at $3,000 when $TIA pumped from $2 to $20 - Literally started the whole **Stake-to-Airdrop** meta (later copied by $DYM, $SAGA, and tons more) Harsh reality check today: If you staked $10,000 worth of TIA two years ago… you’re basically getting zero more rewards now, and whatever’s left has dumped hard — down to just ~$172 in value. From euphoric meta to brutal bear market lessons. Cycles are ruthless. @celestia Who else rode the Stake-to-Airdrop wave? Biggest win or hardest L? 👇
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Dead projects: Monad Berachain Aptos ZkSync Story Protocol Ethena Near Mantle Sonic Celestia Injective Rootstock Movement Celestia Blast Polygon zkEVM Metis Sandbox Linea Eclipse Wormhole Polkadot Tezos Aztec Network Rialo Neon Not all of these projects are straight dead, many of them are going through a hard phase of no revenue or users outflow Of course, some of them still have a chance and will definitely come back to life, teams of many of them are working on that But for now, the fact remains, low revenue generation + users outflow from web3 overall creates hard times for them
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I just won 73 $DEGEN in Gate of Degen! @degengate
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