In this week's roundup we dissect the EigenLayer airdrop scandal and its implications for industry practices. The conversation then shifts to the intricacies of shared sequencing and base sequencing, exploring their potential impact on endgame architecture. We also examine the recent wBTC custody drama and its ripple effects across DeFi. Finally, we discuss the evolution of airdrop strategies and their sustainability in the current crypto landscape. Thanks for tuning in! - - Follow Rex: https://x.com/LogarithmicRex Follow nosleepjon: https://x.com/nosleepjon Follow Expansion: https://x.com/ExpansionPod_ Subscribe on YouTube: https://www.youtube.com/@expansionpod Subscribe on Apple: http://apple.co/4bGKYYM Subscribe on Spotify: http://spoti.fi/3Vaubq1 Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Join us at Permissionless III Oct 9-11. Use code: EXPANSION10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Timestamps: (00:00) Introduction (01:03) EigenLayer Airdrop Scandal (08:35) Is Shared Sequencing Dead? (17:40) Permissionless III Ad (19:12) Pivoting to Interop (29:35) Trade Offs of Base Sequencing (32:59) wBTC Custody Drama (50:27) NFTFi & Airdrops - - Disclaimer Expansion was kickstarted by a grant from the Celestia Foundation. Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.