Mechanically, I don't like that the kinetiq:native claim rewarded people who were up early to arb the $0.26 to $0.40 spread. Like I had tons of limits in the mid to high 0.30s I would have pulled in hindsight.
But the upside of this system is that price basically gets pinned at or around $0.26-0.30 probably for 10 days. Claimants have no incentive to claim and sell lower, I have no incentive to bid higher. So people who want to invest here, right before
@Enter_Elysium launches, get a 10 day window to invest at a very attractive cost basis.
If the effect is a bunch of new holders, who are willingly choosing to buy here, with rock solid support at $0.26, I'd consider that a success.
Terrible for farmers, decent for current holders, quite nice for new investors.
I can't stress enough though that there's no right way to do this. It's either too dilutive and token nukes, too stingy and sentiment nukes, or delayed forever (Felix points 😢).
I'd give them a C+/B- on design, but there's no such thing as an A+ Season 2 airdrop. They all suck for someone.