Whats been happening in airdrop land
This will just be a shorter update type post
Airdrop Claims and Updates $HYPE claim registration is open. You MUST complete this before November 11th to get your airdrop for all Hyperliquid users: https://x.com/HyperFND/status/1845851735363027270
https://hyperfoundation.org/genesis
$DEEP airdrop live for Sui users (even if you just staked 1 SUI), check to see if you qualified: https://x.com/DeepBookonSui/status/1845773463451025603
$PUFFER claims also live for all puffer farmers (LST on ETH) https://x.com/puffer_finance/status/1845811920252858782
$DBR debridge claim is live: https://debridge.foundation/checker
Fuel Network mainnet is live (phase 2)
would recommend migrating your assets over if you participated in the pre-deposit phase 1 In order to earn your progress for phase 1 and to keep earning points and utilize your 1.25x boost.
Not much to do there just yet but if something interesting comes up I will drop a guide All I'm doing for now (and likely for a while) is LPing eETH/ETH LP pair on the main dex on their ecosystem page
Puff airdrop update
If you engaged in the $PUFF campaign on Mantle (Official memecoin by the Mantle team) and you still have some $PUFF make sure you participate in the trilemma event before it ends on Oct 22nd, this will helps towards getting Mantles $COOK governance token airdrop which will happen on the 23rd
Personally I am going to be burning almost all of my $PUFF and then will keep remaining to speculate on price action or potentially use in defi application
Seeing as the amount of $COOK awarded to the $PUFF burning pool is 10x and 100x higher than the other pools but the amount of $PUFF committed/power is only 3x higher compared to the other pools, this option offers the highest potential R/R imo
Trilemma page - https://www.methlab.xyz/puffpenthouse?page=trilemma
Made a post here going over all of the details https://x.com/info_insightful/status/1846998831147503959
Scroll FUD and drama
Will just link to relevant tweets that go over all the main aspects
Appears that the Scroll team is sybilling their own projects airdrop
https://x.com/info_insightful/status/1847179955169374264
Think if the backlash here is strong enough they wont actually allocated marks/tokens to team wallets which they shouldn’t be able to do
highlighting what’s wrong with the Scroll rollout
https://x.com/info_insightful/status/1843708282730406247
Me meme-ing about Scroll
https://x.com/info_insightful/status/1844820203353563312
In terms of how much 1 mark will be worth in terms of $
TLDR
Bearish scenario = $0.05 / marks
Moderate = ~0.15$/ mark
Bullish = $0.25+ / mark
The verdict/summary
The underwhelming performance of Scroll and many of the ETH LST compound related plays (Kelp, Swell, ect) on top of Eigenlayer likely is demonstrating the end of a era of interacting with a L2 with high funding = a lucrative airdrop.
There is Fuel and Linea still in this category, I basically have very low/ no expectations for Linea, I stopped interacting on Linea like 6-8 months ago.
I am slightly more optimistic on Fuel and have one wallet with around 0.5 ETH on Fuel since that it opened as a “hedge” in case it does decently well but not expecting the world
This partly why I’ve been more vocal on shifting to more BTC related airdrop compound plays (both in these substack posts and in twitter content) opposed to only EVM focused
For example I think FBTC on Mantle is solid compound opportunity which I’m getting involved in and go over in this post here