I Missed dydx... What's Next?

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Written by
3 years ago

Cryptocurrency is an absolutely unforgiving field. Some days you're on top claiming thousands of dollars in airdrop tokens from Uniswap or Ampleforth and then the next you're missing out on a huge drop that you should have been better prepared for.

Around the time that Uniswap airdropped tokens to users, I got to theorizing about different DEX's and DeFi platforms that may one day offer a token of their own for governance. I compiled a list of platforms by googling around to find out what DeFi platforms people loved to use and guess what was at the absolute top of that list... dydx.

What Happened?

The airdrop for this token is MASSIVE and for users that traded between $1-$10000 on their platform, you were entitled to claim almost 311 tokens... A current valuation of $7560.41

Despite having this token on the top of a list of platforms to make a few swaps on to prepare myself, I just never got around to doing it. I can't lie and say life has been overwhelming, I have no real excuse for not doing it other than being lazy and ambivalent towards it thinking "oh I can do it eventually".

So what do I do next?

Well I am determined to not let this happen again. The prospect of waking up one day and being given thousands of dollars in cryptocurrency is something that makes this space wildly exciting.

I will be creating a new list of decentralized websites that I believe have the chance of offering up a token of their own one day. I will then take some action and actually use the sites this time as I have made the mistakes already of not doing so in the past.

I know that some platforms that look promising to me already include those in the NFT field such as Opensea as their competitor Rarible already has a token of their own. I also have think that one day we will see a Metamask drop of some kind and that will be a crazy day for most of the crypto world.

Nonetheless, it is time to take some action and start making moves that I think will pay off in the future. I don't want to be in this position again.

Let me know if you have any theories about sites that may one day launch a token of their own, I would love to check them out!

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Who I am:
My name is Rob and I am a college student doing my best to get involved in the crypto world. I have enjoyed blogging thus far and thank you for reading my article! Give me a follow and let’s build the community together through consistent engagement

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Avatar for R23
Written by
3 years ago

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