Documents say LXP = LXP-L, should be equal

What kind of equality you want mister ? LXP campaigns lasted for almost 2 years with hunderds of Dapps and tasks reuiqring high fees, time and efforts, while Surge lasted for only 6 months, didn’t reach the goal of 3 bln TVL and reuired you just to bridge with 0 other efforts.

What have you done? Pooled $ and forgot about the chain till the moment the 6th Volt has ended? LXP is the indicator of your onchain engagement. One more time, Linea is not an LRT portocol, it’s a full blockchain, full of other activities which were mainly touched by LXP holders.

There cannot be equality, when you actually know that LXP holders spent so much time, money and effort, while liquidity providers could provide liquidity and dissapear for 6 months without any further interest on chain.

Study Scroll and other trash L2s. I remember 99% of all complaints were from whales with high liquidity being staked. They also asked for equality and the importance of liquidity relative to onchain activities. What they got now ? - Fully destroyed community, 0 onchain interest and as expected 70% drop in TVL, SINCE LIQUIDITY PROVIDERS IS USUALLY THE MOST FLEXIBLE PART OF COMMUNITY, MOVING THEIR MONEY TOWARDS MARKET IDEAS WITH HIGHEST OPPORTUNITY COST ATM. There are exactly 0 gurantees they stay on blockchain after rewards are distributed, since there are many better alternatives with less risks and lower APR on the market.

Don’t come here and ask for equality. It’s exactly unfair and unequal to distribute rewards in the proportion of 50/50. Yes, you may make whales happier with higher allocation but we all know from past examples it will lead to the same result: dead chain with initially uninterested whales capitulating

3 Likes

LXP fails as a metric of effort due to the sheer number of sybils. and this is an undeniable fact.

NFTs are prone to insider trading and market manipulation due to the information being skewed towards insiders.

LXP-L is left as the only clear and transparent human measure the chain has.

Lmaoo. Just lmaoooo.

It is important not to over reward liquidity providers, as data shows that most of them withdrew their liquidity after the campaign ended!

The network still lacks liquidity. I suggest 2% or 3% for LXP-L along with the interest gains they have earned it’s enough due to their limited impact on the network.

2 Likes

That would make sense if they only airdropp 10% of the supply, but if they airdrop more like 15% or 20%, it should be 7-10% for LXP-L, since its not sybiled.

There are the same sybils there, only with money, lol. Stop manipulating terminology. In one case, people have technology and time, in the other case - money.

Linea filters sybils perfectly and will soon add to its filters. So your manipulative imposition of your own interests is unlikely to interest anyone, guy.

1 Like

you cannot sybil LXP-L, since its a linear metric. If you split money between 100 or 1000 wallets you will always have the same LXP-L.

Thanks for your insights, but in my opinion,

The Surge campaign was a failed campaign with the wrong targets and criteria.

Why?
Because of the fake activity created by the sybil wallets that multiplied during Linea Park, which led to misleading data. The participant count reaching nearly 2 million made the team set the Surge target at 3B. Additionally, I found some timing issues as well.

As you can see, the number dropped from 2 million to 780,000 wallets. If Nansen’s 20-wallet criterion had been applied more strictly, the real user count might have been around 500,000.

Before and after the campaign, the team repeatedly stated that LXP > LXP-L, so I don’t think it’s appropriate to change that now.

Moreover, on the LXP-L side, some wallets brought in large amounts of tokens to the network for just a week and then left empty wallets behind. Yet, they are still among the top 20 in the LXP-L rankings so you can easily fake it like this.

If they were equalized or given more weight, as you suggested, it would disrupt voting balances and harm fair distribution.

Note : my wallets LXP-L leaderboard rank is around 15.000 yet I want to point out whats right

3 Likes

You didn’t even try to understand what he meant. And there is sense in it.

3 Likes

I think realistically speaking this is the baseline number the linea team should have aimed for is around 300k, as arbitrum was 600k real wallets or so, and arbitrum had a monopoly of defi during the bear market.

its not fake because that person did move its capital, deposited, risked it and accrued LXP-L . The point of decentralization is to distribute among humans, and capital as a metric cannot be faked, cloned, and/or falsified. that was the whole point of the surge.

I’m sure he doesn’t care at all mate. He just has one state of the world where he’s the only one right person spreading absolute truth. He doesn’t try to listen to anyone, when it doesn’t coincide with his vision.

@lineaog.eth completely agree, especially on this

Nansen has already destroyed 40% of all participants, most of them are real bots, we can judje so by the number of sent appeals. Most industrial farmers don’t even care about their accounts and didn’t send appeal, justifying the good job Nansen has made.
You cannot fully destroy ALL sybils since at some point is becomes quite impossible to differentiate between an old professional abuser and a newbie with no previous experience on chain. If you chase the idea of destroying all bots you’ll find yourself in a position where there are only 2 reals users on chain.
Already -40% and as I can see from socials, almost 0 FUD, meaning real users weren’t almost affected.

I honestly see no difference if a group of small farmers with 2-3 wallets get a drop and a huge whale who earns abnormal amount of money just for providing liquidity and doing NOTHING, being completely uninterested in the life of blockchain, dumping all the allo on CEX after TGE and withdrawing funds, never coming back. If you never SERIOUSLY interacted with chain you wouldn’t even know what to do here after TGE and let’s be honest you won’t even care, increasing your chances of never coming back. For top safe Linea backed by mastodonts of crypto, Consensys, basically the chance of losing funds tends to zero. You had no real risks, had no efforts “invested”, didn’t spend much on fees, DIDN’T SPEND TIME, just pooled money and dissapeared.

LXP-L - 30% for unsuccessful campaign, 6 months of “pool money and forget about blockchain”
LXP - 70% for 2 years of consistent struggles, live feedback to the entire ecosystem and engagement

This is the proportion 90% of real engaged community likes and approves

1 Like

lol at 780k wallets, that implies around 200k real users, which brings us back to LXP-L being the only real metric. a chain without TVL is non existant and linea team should know this, look at manta. and compare it to arbitrum, Arbitrum gave people with 10K+ TVL a huge boost. and it is still active to this day. meanwhile the casual users moved elsewhere.

Figures taken out of thin air, hyperbolization of problems and the most illogical of solutions under the sauce of the only possible one. Dude, people here are not idiots. You were heard, but even if you believe what you write with an inflamed brain, there are many other more logical solutions. An attempt to prioritize an activity that in total did not take even a third of the way and did not require anything other than staking money. Lol.

1 Like

Tell that to the nansem report.

You only hear what you want to hear, you pick on one sentence without even trying to pay attention to the other 95% of the text. We have nothing more to talk about, you are unteachable

1 Like

Just don’t pay your attention and precious time to this thread, it will get lost among other topics soon. This man here is not to discuss, he’s insisting on his truth as the only one existing

The other 95% of the text is the team saying LXP-L being the most transparent part of linea and showing the mathematical formula backing it up.

Your efforts are heading for failure. Did you skip LXP or was your sybil browser hacked? :grin:

If you actually hold your assets and use this chain in your everyday defi activities like many of us do, LXP-L is the only honest metric that ensures that the industral LXP farms that were confirmed by nansen report do not take control of the chain governance, putting everyone at risk.

Dude, let’s give LINEA tokens to the community, developers, ambassadors who regularly contributed to the project and were an integral part of it, and let’s close this ridiculous talk about the “only option”

2 Likes