Now that StandX has released its checker, this is the most honest report card the airdrop-farming scene could ask for.
A few cases compiled on X: someone parked $15,000 in StandX for 339 days and got $4.64. Someone near the top of the leaderboard spent $5,000 on fees and losses, and got $900. Ten wallets with large deposits got a combined $520. The project shut down in January, and what it distributed was DUSD, not a token—there was no upside to speak of.
In the end, people basically donated a year’s worth of TVL and fees to the project.
Even funnier are all those accounts popping up alongside it. Around the same time on October 24, a bunch of brand-new accounts with zero followers and just three posts each used almost identical phrasing to post “Me and BSC, my airdrop-farming journey,” casually promoting Neosoulai and StandX together. Even the feeling of being burned is mass-produced. Think about that.
Some people are still posting tables estimating “how much each point will be worth at TGE”—$30–40 for Variational, $15–25 for Lighter—and even they write “not a promise” underneath. StandX was also on all sorts of “perpetual DEXs with airdrop potential” lists back then.
My take is simple: points aren’t assets; they’re IOUs from the project with no amount written on them. The people who decide the redemption rate are the same ones charging you fees. Before farming, work out your fees and the cost of tying up your capital. Don’t expect the checker to do the math for you.
#空投 #StandX
A few cases compiled on X: someone parked $15,000 in StandX for 339 days and got $4.64. Someone near the top of the leaderboard spent $5,000 on fees and losses, and got $900. Ten wallets with large deposits got a combined $520. The project shut down in January, and what it distributed was DUSD, not a token—there was no upside to speak of.
In the end, people basically donated a year’s worth of TVL and fees to the project.
Even funnier are all those accounts popping up alongside it. Around the same time on October 24, a bunch of brand-new accounts with zero followers and just three posts each used almost identical phrasing to post “Me and BSC, my airdrop-farming journey,” casually promoting Neosoulai and StandX together. Even the feeling of being burned is mass-produced. Think about that.
Some people are still posting tables estimating “how much each point will be worth at TGE”—$30–40 for Variational, $15–25 for Lighter—and even they write “not a promise” underneath. StandX was also on all sorts of “perpetual DEXs with airdrop potential” lists back then.
My take is simple: points aren’t assets; they’re IOUs from the project with no amount written on them. The people who decide the redemption rate are the same ones charging you fees. Before farming, work out your fees and the cost of tying up your capital. Don’t expect the checker to do the math for you.
#空投 #StandX