If reddit plebs could win in GME, why not retail degens in LUNA?

Herbert Eng
4 min readMay 12, 2022

I’ve seen it all, been in it all. Iron finance, anchor 20% on UST, tomb and tomb forks, defi kingdoms, ohm and its forks. Staking #JpegFi. Nothing lasts. Everything’s a ponzi that runs out of steam. Except Drip. But time and again I’ve seen people ape into every shiny new defi scheme while fading quite literally the longest surviving protocol outside of “safe pools” offered by the major DEXes e.g. Spookyswap, pancake etc.

After Iron finance collapsed in june/july last year I was on a hunt for a defi scheme with a…

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Herbert Eng

Failed startup guy now crypto maximalist. High IQ takes and alpha on GameFi, degen Defi and NFTs.