The first part can be read here. I decided that after the release of Scroll there was a need for a second part.
So the long story of the great trinity has ended. Scroll turned out badly on average in the hospital, if you burned ether or bought it for farming marks, when it cost $3500+. Only ether holders earned, combining liquidity in the network and DeFI strategies. And smarts earned even more, who scattered ether among 10-20 good profiles with ENS and all that. So we came to the formula quality > quantity, I already talked about this, receiving a drop from zkSync.
The market has wiped out many farmers, there is no longer the opportunity or means to maintain huge farms. With each river drop, people are washed out. Teams and insiders line their pockets by taking more than 50% of the entire drop, allocate huge percentages to exchanges for industrials, where they themselves disassemble them. Not to mention the rates on the polymarket.
The romance is over, and with it the helicopter money. Now, to get rewards, you need to take the project development strategy seriously. If you are a whale, then everything is simple, we bring in liquidity and headlights points/marks/wrappers, money I make money. Or you are an influencer and drive thousands of referrals.
Ordinary workers have to pump up their brains, join closed communities, learn to research projects for a new company, master new tools (coding, trading, etc.) just pressing daily is not enough. Of course, 1-2 projects a year will shoot and give out fat, the rest will throw bones from the master's table, our task is to find these gems.
The overload was bound to happen sooner or later, and this is a positive effect. Everyone relaxed and became sluggish, the procrastination stage set in. Now, we will be able to see new narratives that will give that breath of fresh air. And the rewards will not be long in coming.
I discuss all these points on my TG channel (pinned in the profile header)
#binance #Bitcoin #BTC #ETH #Ethereum
