AshurCapital.eth 🦇🔊

Watch the max @layerzero_labs criteria with the largest token allocation be something that's ridiculously easy to hit, as long as you have a lot of funds, e.g.: - Bridged over $1.5M - Cumulatively Bridged over $2M on 3 dApps (Stargate, Woo, Aptos) - Amount of $STG used for voting on 1 proposal (can just use massive size and lock it for 2 weeks) - Owns a Pudgy Penguin ($35,300 floor) - Provided a ton of liq pre-snapshot, but not time-weighted (so it's easy to game) Why? VCs and Insiders have a lot of $$$, but not a lot of time to diligently use all features of a project. So they would rather max qualify by letting their money do all the work, hence the criteria will be tailored towards them so they can double dip. Last cycle (2021), VCs and projects would dump on users through low float / high FDV scams (Serum, Metaverse coins etc) This cycle, VCs and projects dump on users by: 1) Create initial raise to get eyes on your project. 2) Hint at a token by mentioning it in docs. 3) Farmers come in, boost your metrics. 4) You now publicly boast about metrics, specifically about your TOTAL MESSAGE COUNT (so every tx counts). 5) You now present sky-high metrics to VCs, raise another massive around ($120M+). 6) Continue tweeting about raise, tx milestones, and new chain integrations frequently, instill FOMO 7) Fatigue kicks in, Metrics take a dip, time for the next trick up your sleeve: Publicly CONFIRM a token will happen by end of H1, and that a snapshot will be communicated in advance. 8) Metrics go ballistic again, as it confirms there are still 4-5 months to 'farm'. Bonus: Call your project permissionless, immutable, censor-ship resistant 9) TGE dawns near. Make farmers self-report and give them a bonus for every farmer they can find. Have double standards on the dApps that will be filtered, specifically call it a 'Sybil-dApp' now, but don't call it a Sybil-dApp pre-snapshot, because it rakes in an absurd amount of txs, and therefore rev + metrics for you. Reclassify the meaning of sybil (1 wallet = sybil) so it fits your agenda 10) TGE is here. You filtered 70% of your userbase and airdrop 5% of your supply, with the majority of it going to VCs/Insiders as the criteria will be tailored towards them. 11) VCs and Insiders now get to dump on Day-1, as well as upon unlock dates. 12) Maybe introduce a second season, so metrics improve again and gullible investors buy into your token based on inflated numbers/rev (your exit liquidity). The whole operation has been sponsored by farmers, but they'll end up getting disqualified and experience 'death by a thousand cuts' through fees they paid for nothing in return → new way of dumping on them. Farmers = Users. Nobody voluntarily uses Stargate if there are equivalent solutions that are also cheaper (Across, Hyperlane). 'Users first', but you allocate 5% of the supply to Airdrop Thanks for playing