#Catizen : A Tale of Two Tails!! While the Catizen team is celebrating attracting nearly 459,000 $BNB and 189 million $FDUSD during the mining event, the community is feeling more like a lost kitten ๐โโฌ.
Let's break down the nine lives of Catizen's airdrop drama:
1) The Great Reward Switch-Up: Remember when they said rewards were based on speed and fish consumption? ๐ Well, that was just a purr-fect lie. Now, it's all about investment. ๐ฐ
2) The Missing Seasons: They promised 43% of the total supply would be airdropped, but they forgot to mention the summer and winter seasons! โ๏ธ๐
3) The Launchpool Shenanigans: Catizen allocated a whopping 9% to the Launchpool, taking it from the community's airdrop supply. Seems like the team was hungry like a wolf. ๐บ
4) The Airdrop Shrink: They reduced the community airdrop from 43% to 34%, then split it into two seasons. Not very fair play. โ
5) The Hidden Agenda: They raised only $2.8 million, but diluted 10% of the supply. That's a fishy valuation. ๐
6) The Team's Fat Cat: The team got a whopping 20% of the supply, more than the community! ๐ค
7) Ignoring the Early Birds: They ignored those who were grinding for months. ๐
8) Cash Grab or What? They made $26 million from 1.2 million paying users. Seems like they were more interested in lining their pockets. ๐ธ
9) The Diluted Community: They diluted 10% of the supply for just $2.8 million while giving 35% to the team and 9% to the Launchpool. ๐คจ
So, what's the takeaway? Catizen's airdrop was a cat-astrophe. ๐ฑ It's a reminder that even the cutest projects can have claws. ๐พ #BinanceLaunchpoolCATI
Thanks Gautamguptagg for insights ๐