as more tokens get dropped w $1b+ fdv, mindshare and liq will continue diluting

dispersion will only widen until the mania kicks in

actually excited to see what happens when blast unlocks happen

two camps
1) tons of liquidity back into the market -> market gets bidded up especially onchain
2) most of the locked up eth on blast are cold eth, hence the impact of withdrawals would be pretty minor

one thing for sure is that we'll see a blast szn

imagine a dam that just opened its floodgates along with tons of dapps ready to deploy/deployed upon mainnet + airdrop stimmies

projects should get bidded up pretty quickly

also probably good to note seasonalities for the next week

we'll likely also see capital flight from blast -> ethena to farm the next hyped project

though it might not be as felt due to inherent risks and luna ptsd

then again, people bridged into a one-way bridge that is locked for months

can't really underestimate degeneracy

at the same time, can't count on crypto market participants to be rational

on ethena, i like how the risks are clearly defined and stressed on while widely debated on ct

i've been reading up and still willing to punt despite luna ptsd

1b USDe airdrop participation cap, currently sitting at 345.2m

i expect supply to accelerate post blast and maybe filling up in another month or so

i just bought some USDe and will be holding for 5x shards/day

will lock and LP when the limit is raised

my ref if you wanna support me:
app.ethena.fi/join/j7zw7

cheers #airdrop

my first step into berachain stuff

minted these bears of ramen finance at 0.1e

https://opensea.io/collection/hungrybera