Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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Crypto Mumbles
info on airdrop: https://medium.com/hmx-org/announcing-the-launch-of-hmx-public-open-beta-governance-token-airdrop-plan-for-participants-1cd5352b8bc8 trading in the beta app + completing zealy quests will qualify you for the airdrop in September
HMX airdrop results are out

claimable on 10 September

quite pleased w my airdrop, I got about ~4x

note that the airdrop is in $esHMX, hence there is a one year vesting schedule

will start vesting early so that when the bullrun comes i'll be able to cash out

that said, i don't think i need to allocate to HMX anymore given this esHMX airdrop and in any case i'm being forced to hold for 1y

happy to do so since i'm bullish on HMX as well

lfg
👍2
based on what I'm reading in the HMX chat, some whales were unhappy they received zero allocation for the esHMX airdrop despite doing high volumes

but it was because they completely missed deadlines...

and so they rage dumped their HMX tokens

current PA could also possibly be due to:
1. people exiting their LP (hence selling HMX) after the airdrop results are out
2. after receiving fat airdrop allocation, investors selling off liquid HMX given that they have enough esHMX as exposure
3. bear market tingz

will continue observing metrics to decide if they were inflated from the airdrop and will sell off my liquid HMX if needed

important date to note: 10 September 2024 when the first batch of airdrop esHMX fully vests