I wrote this to my GP @reeeeshy 2 days before ETH ATH in '21

It was dead-on 😔

TLDR:
- Eth is a commodity like oil/gas
- Last 3 years, we made everything super efficient w/ L2, PoS
- Demand for USING commodity is now ultra low
- We're speculatively trading... compute power..? Just like any technology over the last 50 years, compute power gets significantly better over time.

Transactions on Eth that used to cost us $100 now cost $0.01 on L2s.

This is great for Ethereum and terrible for $eth as an investment asset

if you value anonymity, I'd be cautious of how you claim $PENGU

their public API returns all linked eth wallets of the solana claim

you can go to

and see which eth wallets were linked to each claim

(not FUD just a headsup)api.clusters.xyz/v0.1/airdrops/… https://api.clusters
.xyz/v0.1/airdrops/pengu/eligibility/SOL_CLAIM_ADDRESS

since link sharing is hard in twitter

with a better understanding of how portfolio value points are allocated for @friendtech

I want to pick up a bunch more keys that are
0.25e -> 0.5e

PLS REPLY:
☝️ I'll pick up EVERYONE here under 0.03
✌️ I'll pick up 10-20 people in the 0.25-0.5 range

Let's talk, though -> 🧶 Why?

Now that we have some insights into how points are distributed across the past 3 weeks, it's obvious that both self owned and many alt owned keys are heavily nerfed.



It's time to solve for breadth over my current portfolio depth.

https://twitter.com/0x5f_eth/status/1710803895910387877