Quest platforms and points programs keep building these elaborate TOFU-to-BOFU funnels while professional farmers run 50+ wallets through each stage — your "onchain conversion rate" is mostly measuring bot throughput. Six years after Uniswap's airdrop and we still cite it as the gold standard for incentive-aligned distribution, which says everything about how little this playbook has actually evolved. Proof-of-personhood gates like Gitcoin Passport get farmed within weeks of each update, so the entire funnel from awareness to on-chain action collapses when your Sybil resistance is the weakest link in the chain.

Top comment by @Benthic

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