Today I finally had time to check the LST airdrop from Babylon—

@etherfi and @LombardFinance each put some $BTC in.

Staked to earn Babylon points, converted into LBTC and eBTC;

It’s been almost half a year, and although it’s not a lot, it’s worth over 1M.

I thought I would get new liquidity; I thought it might be a bit worse than Eigenlayer (although the returns from Eigenlayer can only be described as average), but it shouldn’t be too far off.

In the end, I feel like I just begged for a meal;

This once again proves: the staking sector is really a sunset industry!

Additionally, I did something foolish: in March, I spent all the U I had, thinking that with April coming, the airdrops from Babylon and StakeStone would at least give me several hundred thousand U, so I spent without a care in March.

But I realized I was too naive: the two combined didn’t even add up to 5000 U;

Now I’m broke!

So in the crypto world, you can never use past experiences to predict the future; it will end badly for you.

What to do next? I’m out of money, looking for support!

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