Tutor
8.5K posts

Tutor
@cryptotutor
Trading Digital Assets Since 2013


$BNB / USD (3D) I posted about Binance coin before. Repeating because some trades just make sense and a $BNB spot long is one of those Should go above $1k pretty soon


.@cz_binance I think you need to step in and actually fulfill your advisor role at @Aster_DEX, because right now the community feels betrayed. (cc @Leonard_Aster) TL;DR: With your public support, Asterdex launched an airdrop scheme that enriched only the team while draining its users. The headlines like “Asterdex flipped Tether in 24h revenues” or “Asterdex flipped Hyperliquid in trading volumes” happened only because of the ongoing airdrop scheme. In reality, this has meant: - The community burning millions in fees in a very ambiguous airdrop process - The team behind Asterdex making >$120M in revenues in 30d - Significant majority of users ending up with rewards that don’t even cover their fees From the outside, this doesn’t look like an airdrop. It looks like extraction. The Aster Points Program (4% of supply over 4 weeks) attracted huge attention after your comparisons with Hyperliquid. But the setup maximized trading volumes while creating serious problems: - RH point accounting has been inconsistent and unclear - Rewards for 90%+ users are far smaller than the fees they paid - People traded for a week under false assumptions, only to see points slashed after the epoch ended (last day Epoche 3) - Don't make comparisons with HyperLiquid if you can't fulfill what the community expects. The community expects: a fair airdrop, a working platform, a clear airdrop scheme. The community DID NOT expect to participate in a scheme where after spending time and capital it turns out they will receive peanuts because Asterdex fails in 1) clear communication/rules 2) disqualifying wash traders We believe this can be fixed, but urgent steps are needed: - The airdrop supply should be raised to properly compensate real traders - All wash-trading wallets need to be publicly disqualified (as a team of Algo traders we can assist in detection, DM. Already did a Thread on it, see below) At the moment, Asterdex has left a bitter taste for >99% of users. Without correction, there’s no way it can be more than temporary hype. The current hype is short-lived. Real value is what builders and communities want. x.com/cryptotutor/st…

.@cz_binance I think you need to step in and actually fulfill your advisor role at @Aster_DEX, because right now the community feels betrayed. (cc @Leonard_Aster) TL;DR: With your public support, Asterdex launched an airdrop scheme that enriched only the team while draining its users. The headlines like “Asterdex flipped Tether in 24h revenues” or “Asterdex flipped Hyperliquid in trading volumes” happened only because of the ongoing airdrop scheme. In reality, this has meant: - The community burning millions in fees in a very ambiguous airdrop process - The team behind Asterdex making >$120M in revenues in 30d - Significant majority of users ending up with rewards that don’t even cover their fees From the outside, this doesn’t look like an airdrop. It looks like extraction. The Aster Points Program (4% of supply over 4 weeks) attracted huge attention after your comparisons with Hyperliquid. But the setup maximized trading volumes while creating serious problems: - RH point accounting has been inconsistent and unclear - Rewards for 90%+ users are far smaller than the fees they paid - People traded for a week under false assumptions, only to see points slashed after the epoch ended (last day Epoche 3) - Don't make comparisons with HyperLiquid if you can't fulfill what the community expects. The community expects: a fair airdrop, a working platform, a clear airdrop scheme. The community DID NOT expect to participate in a scheme where after spending time and capital it turns out they will receive peanuts because Asterdex fails in 1) clear communication/rules 2) disqualifying wash traders We believe this can be fixed, but urgent steps are needed: - The airdrop supply should be raised to properly compensate real traders - All wash-trading wallets need to be publicly disqualified (as a team of Algo traders we can assist in detection, DM. Already did a Thread on it, see below) At the moment, Asterdex has left a bitter taste for >99% of users. Without correction, there’s no way it can be more than temporary hype. The current hype is short-lived. Real value is what builders and communities want. x.com/cryptotutor/st…

7yrs later we were in Seoul. Changed: @cz_binance CeFi -> DeFi Unchanged: still many female leaders @yunna025 @JaneSparking @ellazhang516 @0x_outsider @Athenaweb33 keep #buidling

.@cz_binance I think you need to step in and actually fulfill your advisor role at @Aster_DEX, because right now the community feels betrayed. (cc @Leonard_Aster) TL;DR: With your public support, Asterdex launched an airdrop scheme that enriched only the team while draining its users. The headlines like “Asterdex flipped Tether in 24h revenues” or “Asterdex flipped Hyperliquid in trading volumes” happened only because of the ongoing airdrop scheme. In reality, this has meant: - The community burning millions in fees in a very ambiguous airdrop process - The team behind Asterdex making >$120M in revenues in 30d - Significant majority of users ending up with rewards that don’t even cover their fees From the outside, this doesn’t look like an airdrop. It looks like extraction. The Aster Points Program (4% of supply over 4 weeks) attracted huge attention after your comparisons with Hyperliquid. But the setup maximized trading volumes while creating serious problems: - RH point accounting has been inconsistent and unclear - Rewards for 90%+ users are far smaller than the fees they paid - People traded for a week under false assumptions, only to see points slashed after the epoch ended (last day Epoche 3) - Don't make comparisons with HyperLiquid if you can't fulfill what the community expects. The community expects: a fair airdrop, a working platform, a clear airdrop scheme. The community DID NOT expect to participate in a scheme where after spending time and capital it turns out they will receive peanuts because Asterdex fails in 1) clear communication/rules 2) disqualifying wash traders We believe this can be fixed, but urgent steps are needed: - The airdrop supply should be raised to properly compensate real traders - All wash-trading wallets need to be publicly disqualified (as a team of Algo traders we can assist in detection, DM. Already did a Thread on it, see below) At the moment, Asterdex has left a bitter taste for >99% of users. Without correction, there’s no way it can be more than temporary hype. The current hype is short-lived. Real value is what builders and communities want. x.com/cryptotutor/st…

Tomorrow $1.3B worth of $ASTER will be unlocked for the airdrop stage 1. Over 700 million tokens or 8.8% of the total supply. The actual circulating supply will go from 5% to 13.8% in one day. Might be a bumpy few days ahead.




.@cz_binance I think you need to step in and actually fulfill your advisor role at @Aster_DEX, because right now the community feels betrayed. (cc @Leonard_Aster) TL;DR: With your public support, Asterdex launched an airdrop scheme that enriched only the team while draining its users. The headlines like “Asterdex flipped Tether in 24h revenues” or “Asterdex flipped Hyperliquid in trading volumes” happened only because of the ongoing airdrop scheme. In reality, this has meant: - The community burning millions in fees in a very ambiguous airdrop process - The team behind Asterdex making >$120M in revenues in 30d - Significant majority of users ending up with rewards that don’t even cover their fees From the outside, this doesn’t look like an airdrop. It looks like extraction. The Aster Points Program (4% of supply over 4 weeks) attracted huge attention after your comparisons with Hyperliquid. But the setup maximized trading volumes while creating serious problems: - RH point accounting has been inconsistent and unclear - Rewards for 90%+ users are far smaller than the fees they paid - People traded for a week under false assumptions, only to see points slashed after the epoch ended (last day Epoche 3) - Don't make comparisons with HyperLiquid if you can't fulfill what the community expects. The community expects: a fair airdrop, a working platform, a clear airdrop scheme. The community DID NOT expect to participate in a scheme where after spending time and capital it turns out they will receive peanuts because Asterdex fails in 1) clear communication/rules 2) disqualifying wash traders We believe this can be fixed, but urgent steps are needed: - The airdrop supply should be raised to properly compensate real traders - All wash-trading wallets need to be publicly disqualified (as a team of Algo traders we can assist in detection, DM. Already did a Thread on it, see below) At the moment, Asterdex has left a bitter taste for >99% of users. Without correction, there’s no way it can be more than temporary hype. The current hype is short-lived. Real value is what builders and communities want. x.com/cryptotutor/st…

We LOVE @Aster_DEX and $aster.. (1/11) We’re a team of algo traders, providing liquidity across exchanges (on + off-chain). We’re bullish on Asterdex. It’s good for the ecosystem. But the airdrop has a serious issue. It needs fixing to stay fair. 🧵

We LOVE @Aster_DEX and $aster.. (1/11) We’re a team of algo traders, providing liquidity across exchanges (on + off-chain). We’re bullish on Asterdex. It’s good for the ecosystem. But the airdrop has a serious issue. It needs fixing to stay fair. 🧵

Aster Genesis Stage 2 will end at 23:59 UTC, Oct 5. ⌛ With 2 epochs left, users can still trade and earn Rh points - 4% of total $ASTER supply is allocated for Stage 2 rewards! Stage 3 kicks off right after to include spot trades scoring and refreshed rewards - stay tuned. 👀








