The perspectives of people with a lot of LXP and few LXP

  • Let me give a bit of feedback on the upcoming airdrop using LXP. I’ve chatted a few times on Discord and noticed a lot of complaints, which may be true or may be false. But in the end, you can’t really trust anyone!
  • I assert that Sybil filtering may be 90% accurate, but I’m not sure that it will eliminate all fraudsters. The second method to make it fairer is that, as people observe, those who create many wallets usually have very little LXP, only around 3k or 4k LXP. In contrast, legitimate users will have 7k LXP or more. In my opinion, distributing the airdrop according to tiers 1, 2, 3, 4, 5, and 6 is an effective way to reduce the amount of airdrop given to cheaters.
  • They compare that having 7K LXP and 3K LXP is unfair for the distribution according to the tiers. So, let me briefly summarize my journey with Linea during the nearly 2 years I’ve spent!

Where is the unfair treatment?

What phases have those with 7K LXP gone through?

Has it been nearly 2 years from testnet to mainnet?
There were days during the testnet phase when they had to wake up at 5 AM to work because the system was lagging.
When working on the mainnet, they had to endure days with high gas fees until the fees became cheaper.

What have you experienced with 3K LXP?

And how much money did you spend to earn your 3K LXP?
Did it take you 6 months to earn those 3K LXP?

You said it was unfair and the treatment was wrong. Now that you’ve read this, do you still think it’s true?

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Read my post for more details on this topic

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Can you write a sample Linea tokenomics thread with available data we have, right now around 800k eligible wallets. and exclude 1000 LXP holders. with and without bonus multiply. Also, estimate fair valuation? @Kanenz

Truly appreciate your work and detail analysis.

3 Likes

Thanks for the compliment.
We do not have information on the blacklisted wallets, including their LXP holdings. The only available data consists of wallet addresses only which is insufficient for comprehensive analysis. However, with adjustments to the model, the team can incorporate new data to the model to address these gaps.

I understand your concerns mate and you are right.3K lxp and 7k lxp may be 2.5 times for some, but for me it was 25 times more difficult.
Only those who strive know this. Low lxp owners can’t understand this. @Kanenz has a topic that suggests a really fair distribution model.

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this is one of the stupidest ideas i have ever seen, how can you say sybil address just based on the size of LXP? hahaha

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This doesn’t make sense, I myself struggled a lot and I only have 3.7 lxp

We can’t compare those who have enough liquidity to execute all the LXP campaign to average users. Discredit average holder of LXP doesn’t make any sense to me.


The lobbying of multi-wallet holders with low lxp continues unabated.

user 1618 ,user 1619 :smiley: where is 1617 ?

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I honestly think LXPs earned before dencun upgrade should have higher weightage because we literally burnt $3-4 per transaction and after dencun people were accumulating 1000+ LXPs for $2-$3 this is no way fair by any means.

Which makes weightage like:-
LXPs earned at(Testnet>before dencun>after dencun)