Started buying W here (not satire) for staking This is why: Retroactive 50M W (~4.2M) distributed to ~58k.4k qualifying addresses Snapshot Jan 8th 2025 = evidence of actually deploying incentives from the "community" bucket: 17% of total supply (1.7B W) There is still ~50% of this left with 858M W for ongoing rewards (which started after the last claim on Jan 16th and currently ongoing) Coated in bad memories and PTSD = not consensus to want to touch / hold Current APY seems good with 10-15% month case study from FLB: https://x.com/flb_xyz/status/1906084374619291674 Shit is at almost 0.08, it has to be bottomed out at this point... right ? Staking for some sort of Monad related airdrop or benefits to eco projects is completely dead = I'm betting that its not (low chance) when Monad launches Risks Maybe the current 247M MC and 844M FDV is still too high? Claim for retroactive 50M W was Jan 16th, vested over 90 days (ends April 16th) = could wait longer price could go lower from here Current staking tiers Top 1k Staker: 34k W Top 5k Staker: 9.8k W Top 10k Staker: 5.55k W Top 20k Staker: 2.43k W Top 30k Staker: 1.13k W Top 40k Staker: 891 W Total stakers 314.3k Min criteria for past drop was TWAB based so you can buy in any of the lower tiers and just hold for longer or try to scale into a higher tier if W goes down more