LMAO, my Perp DEX skip list is becoming legendary. Ostium and Cascade got exploited. Dreamcash shut down Cash Markets. Satori, Dango, and Ventuals all closed. And now GRVT - which has been on my skip list for a long time. I've been saying that if a perp DEX runs a points program for 30 months, it usually doesn't end well - x.com/muarmemuar/status/203212… Now, on top of delaying the token launch multiple times, they've introduced vesting. No one will receive 100% of their airdrop at TGE anymore, even though that was originally promised for eligible users. Instead, the tokens will unlock gradually over the course of a year. So here's the question: What do you think happens to the token price when users who spent multiple seasons farming points only receive their full airdrop a year later?
At the moment @DefiLlama already shows 200+ perp DEXes. To save you time hunting for the ones without a token (and potential airdrop farming), here's my current focus list. Focusing on: @variational_io, @tradexyz, @nadoHQ, @bulktrade, @risextrade Currently skipping: grvt, gmtrade, standx, pacifica, extended, antarctic, ostium, satori, reya, decibel, ethereal, vest, hibachi, 01, bullbit, phoenix, dreamcash, miracle, dexari, bullpen, ventuals, liquid, rho, carbon, hotstuff, dango, cascade Hope I saved you some time and money
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