Vol. I · On-Chain Field Notes

Zumbah

Web3 researcher · co-author, Olympus Blockchain Bulletin
Airdrop systems, protocol mechanics & onboarding paths

OLYMPUS BLOCKCHAIN BULLETIN: 1,300 ACTIVE SUBSCRIBERS 36% AVERAGE OPEN RATE 53% PEAK CLICK-THROUGH LATEST ARTICLE: THE CURSE OF DILUTION PINNED THESIS: WHY CIRCLE'S IPO WILL COOK NOW TRACKING: POLARIS FINANCE WATCHED BY ZENECA, ZACHXBT, LOOMDART + 13 MORE OLYMPUS BLOCKCHAIN BULLETIN: 1,300 ACTIVE SUBSCRIBERS 36% AVERAGE OPEN RATE 53% PEAK CLICK-THROUGH LATEST ARTICLE: THE CURSE OF DILUTION PINNED THESIS: WHY CIRCLE'S IPO WILL COOK NOW TRACKING: POLARIS FINANCE WATCHED BY ZENECA, ZACHXBT, LOOMDART + 13 MORE

I research where the incentives point before the crowd does, then write it up.

Protocol mechanics, airdrop systems and network onboarding, reported from the contracts and points dashboards up. Threads go out on X first; the fuller research runs in the Olympus Blockchain Bulletin, co-authored for 1,300+ subscribers.

[ AIRDROP SYSTEMS ] [ PROTOCOL RESEARCH ] [ NETWORK ONBOARDING ] [ MARKET RESEARCH ]
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RoleCo-Author

Field Threads

9 entries
No.DateEntryCategory 
092026-05-21Polaris Finance NEW[ PROTOCOL ]READ →
082025-08-03Anoma[ PROTOCOL ]READ →
072025-06-24Prime Intellect[ PROTOCOL ]READ →
062025-06-21Polymarket Research[ RESEARCH ]READ →
052025-05-17Farcaster Onboarding[ ONBOARDING ]READ →
042025-05-02Hyperliquid Onboarding[ ONBOARDING ]READ →
032025-02-28Infrared Finance[ PROTOCOL ]READ →
022024-03-10Merlin Onboarding[ ONBOARDING ]READ →
012024-01-25Berachain Onboarding[ ONBOARDING ]READ →

Articles

6 entries
No.DateEntry 
062026-07-09The Curse of Dilution NEWREAD →
052026-04-27What If?READ →
042026-03-30F*ck the BearsREAD →
032026-02-02Old DAT ThesisREAD →
022026-01-15Do Not FarmREAD →
012026-01-09Why AI Needs CryptoREAD →

Pinned Thesis

2024-12-26
"Why Circle's IPO Will Cook"
Long-form thesis, posted to X Read the Thesis

Early Theses

3 entries
No.DateEntry 
032026-06-10Early Thesis on Liquid Trading App NEWREAD →
022025-11-15Early Thesis on Privacy PoolsREAD →
012025-07-17Early Thesis on PlasmaREAD →

On the Record

4 excerpts

Unfiltered takes from the server, kept as posted.

2023-04-08
"Is the blockchain really safe once we're actually good at quantum computing?"

On RSA encryption, quantum resistance, and whether on-chain data stays safe.

2023-08-18
"We might see a more pro crypto campaign winning in the US elections."

On BTC ETF approval and a pro-crypto shift in US politics.

2023-08-18
"I think BTC ETFs get approved, just before the halving. They front run the halving, aligned with the US elections."

On BTC ETF approval front-running the 2024 halving.

2025-10-29
"Hyperliquid will force the hand of TradFi and leverage the orderbook for a much better, stable spot equity."

On Hyperliquid's orderbook pulling volume and equity away from TradFi.

The Watchlist

16 names

A few of the researchers, founders and traders keeping an eye on the research.

Subscribe to the Bulletin

Co-authored research on airdrops, incentive design and where to be early, every issue.

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Where to Find Me

3 channels