Day 558: Once an airdrop becomes the obvious farm, that's usually the moment you're the one getting farmed.
The last 3 months I farmed Lighter were actually -EV.
The last few weeks, my farming cost was around $54/point while OTC traded at $100/point. It looked like a great deal, but in reality it was the equivalent of buying $LIT at a $2.7B FDV.
I think the same thing is happening with Variational.
Most people are farming at a cost of $15/point while OTC trades around $20. You're basically buying $VAR at a -20% discount to current valuation.
No offense to either project, but the real money is made before a farm becomes the general consensus.
Find protocols with strong teams and incentives that nobody is talking about yet. That's where the big money is made.
