๐ชDo NOT mess up your
@SonicLabs airdrop.
Here is all you need to know, like how to maximize discounted buys and avoid huge exit penalties.
๐. ๐๐ญ'๐ฌ ๐ง๐จ๐ญ ๐ ๐ง๐๐ฐ ๐ญ๐จ๐ค๐๐ง ๐ฅ๐๐ฎ๐ง๐๐ก
Fantom has existed since 2018 and migrated 1:1 to
$S earlier this year. There is a significant price history, and volatility should not be as considerable as for a TGE.
๐. ๐๐% ๐จ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ข๐ซ๐๐ซ๐จ๐ฉ ๐ฏ๐๐ฌ๐ญ๐ฌ ๐จ๐ฏ๐๐ซ ๐๐๐ ๐๐๐ฒ๐ฌ
Yes, some were mad, but this was clearly communicated from day 1.
๐. ๐๐๐ง๐ญ ๐๐ง ๐๐๐ซ๐ฅ๐ฒ ๐๐ฑ๐ข๐ญ?
You'll burn a percentage of your vesting, for example:
โก๏ธDay 1: 100% burned (would not recommend)
โก๏ธDay135: 50% burned
โก๏ธDay 270: 0% burned
Basically: patience pays
๐. ๐๐๐ญ๐ญ๐๐ซ ๐ญ๐ก๐๐ง ๐๐ฎ๐ซ๐ง๐ข๐ง๐ : ๐ญ๐ก๐ ๐จ๐ซ๐๐๐ซ๐๐จ๐จ๐ค
Paintswap build an orderbook for vesting positions. Example:
โก๏ธ Day 1 burn: 100%
โก๏ธOffer a 50% discount (translates to 68% APR for buyer)
They just got liquid
$S form the airdrop, so there will be demand.
@SonicAssistant teased a leaderbord for traders flipping discounted vesting positions. Would be epic to see who is the first to multiply their liquid airdrop to 2x, 3x, etc.
๐. ๐๐ข๐ซ๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ฉ๐ฌ ๐ฌ๐จ๐ฆ๐๐ฐ๐ก๐๐ซ๐ ๐๐๐ญ๐ฐ๐๐๐ง ๐๐ฎ๐ฅ๐ฒ ๐๐-๐๐
The exact moment is a surprise. Stay ready!
๐. ๐๐๐ง๐ญ๐ข๐ฆ๐๐ง๐ญ
I ran a poll last week:
โก๏ธDump & leave: 20%
โก๏ธDump & farm S2: 4%
โก๏ธHold &vest: 30%
โก๏ธBuy discounted positions: 46%
I'll be watching paintswaps orderbook for juicy discounts. And rumour is that vesting tokens might get
#sonic defi utility soon ๐
Tag your friends who would accidentally press the claim vesting tokens on day 1๐