@0xnouveau
Nouveau
6 months
And that wraps up this thread! Hopefully you found it useful, and it helped present to you a new paradigm which you should be viewing airdrops through - something that requires conscientious research, judgement and calculations, rather than just mindless herd-following Kisses
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@0xnouveau
Nouveau
6 months
9/ As such, you really need to be doing your best to calculate the returns on the capital and time that you deploy towards each farm Someone who farms every protocol threadoors post about is equivalent to someone who buys every shitcoin shillers shill - destined to underperform
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@0xnouveau
Nouveau
6 months
And if you do farm a protocol that was threaded about, and you end up getting pennies, this is also on you as you are the one who ultimately decided to take the trade without conducting proper research You shouldn't be blaming anyone else for your own financial decisions
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@0xnouveau
Nouveau
6 months
Ergo, this is the reason why I stick to several concentrated bets (in both trading and farming) and don't find the need to post a new "alfalfa" thread every other day I believe in doubling down on my winners rather than trying to long every beta opportunity out there
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@0xnouveau
Nouveau
6 months
10/ Some concluding notes - This era of airdrops won't last long, milk it while you can When you really break it down into an APY standpoint, this sector truly has an abnormal rate of returns that are unmatched by nearly every other sector (especially when risk-adjusted)
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@0xnouveau
Nouveau
6 months
- Pursue synergies as much as you can Even if you don't farm protocols at all, you should always try to actively utilize tokenless protocols over tokenized ones in your daily trading/actions whenever possible Choosing Jupiter over Raydium would have made a 5-6 figure difference
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@0xnouveau
Nouveau
6 months
- View airdrops through an APY + TP perspective Personally, I skip anything that has less than 2-300% APY (we're in a bull market after all) You honestly shouldn't be settling for anything less than 100% APY in these market conditions, unless you're deploying 7 figs+
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@0xnouveau
Nouveau
6 months
Instead of taking profits into your bank's fixed deposits as an onchainer, why not deposit into Eigen Layer for 30% APY instead (there's obviously better choices but this is just an example)
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@0xnouveau
Nouveau
6 months
This is one area that I believe my onchain friends don't explore far enough, which is a shame because there's actually fairly significant yield that you could be earning on your idle assets that aren't being currently deployed
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@0xnouveau
Nouveau
6 months
- Be a trader, not a e-beggar Situate yourself in the mindset of a trader executing a trade, not a complainer who whines about flopped drops Just like how shitcoin devs often delete TGs and remove liquidity, major project founders sometimes screw over their communities too
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@0xnouveau
Nouveau
6 months
As such, manage your risk accordingly, and when you end up taking a loss, just accept it and move onto the next trade With how hot onchain is nowadays, most new farms should be faded imo and you should be continuously weighing the RR of farming over just buying a 'bluechip' meme
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@KingBund
Gun (Kingbund.eth)
6 months
@0xnouveau Great one. Have the exact same opinions. If we spot a great r/r farming opportunities then just concentrate and bet more! These airdrop threadoors wanna chill you to go do 20+ tasks everyday wtf
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@elie2222
Elie Steinbock
6 months
@0xnouveau "Instead of taking profits into your bank's fixed deposits as an onchainer, why not deposit into Eigen Layer for 30% APY instead (there's obviously better choices but this is just an example)" Where would you say?
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@Itzgertz
ItzGerrrrrchs
6 months
@0xnouveau Thanks really enjoy your thought process
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@Bacckul
Bykul | ZEEK πŸ›ΈπŸ
5 months
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@BowTiedDevOpss
BowTiedDevOps | Read the pinned tweet! DEVOPS CHAD
6 months
@0xnouveau Noice post man, but didn't mention when to sell your airdrop in the bullrun?
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@GoldCoin168
GoldCoin ι‡‘η‹—ζŠ•η ”
6 months
@0xnouveau Great thread! Thanks for sharing
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@Chromadera
ChromaQuant πŸ“š
6 months
@0xnouveau Excellent post. I have resorted to just comparing whatever catches my fancy with the lowest valuation for any significant market that exists for that same asset class. I just use this as a benchmark for possible returns. Makes life easier and farming much better.
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@xadexcrypto
XadeX
6 months
@0xnouveau 200+ IQ post, you gained a follower. Would you be so kind as to recommend good airdrops for someone with about 10k to deploy?
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@ZeroK_P
NUQED-Folio
5 months
@0xnouveau This has to be the best (and most honest/truthful) airdrop post I’ve ever read πŸ™πŸΌ Also makes me feel less bad about not keeping up with farming every new protocol that gets launched lol
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