0xjoni (@0xjoni) • Hey
0xjoni (@0xjoni) • Hey
Publications
- PIKA airdrop confirmed!
If you interacted with @PikaProtocol you are probably eligible.
Details below:
Pika is a DEX that enables leverage trading in Optimism.
They received a 900,000 $OP grant from the Optimism Foundation.
In August 2022, they airdropped some of those $OP tokens to people that traded or LPed in their platform.
Now, they are launching their $PIKA token
They have not released any details about airdrop eligibility criteria yet, just a medium article with details of their tokenomics.
Full announcement here:
🔗 https://pikaprotocol.medium.com/announcing-pika-token-launch-1969a9fb041f
Total supply: 19M tokens
They will use 11% of the total supply (2.09M tokens) for "Retroactive and Future Airdrops", distributed as "esPIKA" (vested over 1 year)
I'll update when there's more news about this release.
If you followed my PIKA strategy, you will probably be eligible 👀
⚡️
- PIKA airdrop confirmed!
If you interacted with @PikaProtocol you are probably eligible.
Details below:
Pika is a DEX that enables leverage trading in Optimism.
They received a 900,000 $OP grant from the Optimism Foundation.
In August 2022, they airdropped some of those $OP tokens to people that traded or LPed in their platform.
Now, they are launching their $PIKA token
They have not released any details about airdrop eligibility criteria yet, just a medium article with details of their tokenomics.
Full announcement here:
🔗 https://pikaprotocol.medium.com/announcing-pika-token-launch-1969a9fb041f
Total supply: 19M tokens
They will use 11% of the total supply (2.09M tokens) for "Retroactive and Future Airdrops", distributed as "esPIKA" (vested over 1 year)
I'll update when there's more news about this release.
If you followed my PIKA strategy, you will probably be eligible 👀
⚡️
- ▓▓▓▓░░ 71%
Arbitrum's $ARB is coming this Thursday 🦅 🔵
77% of my audience got this airdrop. Congrats everyone, BTW ⚡️
26% is holding no matter the price, and 50% is not selling below null.25.
What is the purpose of the ARB token? 🧵👇
1/11
✅ ABOUT PRICE
I was thrilled to see that almost 80% of the people who voted in my Twitter poll got this airdrop. It's a huge sample of 7300 people
Very happy that so many people are getting their first airdrop, there are 625,143 wallets eligible
https://twitter.com/OlimpioCrypto/status/1636357015684481024
2/11
✅ ABOUT PRICE
In my second poll, 26% is holding.
Only 22% are selling below null.25.
https://twitter.com/OlimpioCrypto/status/1636771668206006272
3/11
✅ ABOUT PRICE
There is also an informal OTC market for ARB, I've seen prices from null to null.50 there today. (image attached)
4/11
✅ ABOUT PRICE
Another speculative price point can be found in protocols like PrePO, where people are betting ARB's FDV on $14.4B (one week after token launch), which is around null.50 per token. (image attached)
5/11
✅ ABOUT PRICE
If you want to have some fun, read this price scenario speculation I posted a few days ago. Don't take it too seriously!
https://twitter.com/OlimpioCrypto/status/1636771626560765969
6/11
✅ TOKENOMICS
• Team & Future Team + Advisors: 26.9%
• DAOs in the ecosystem: 1.1%
• Individual wallets: 11.6%
• 42.8%: DAO Treasury
• Investors: 17.5%
Total supply: 10B tokens
7/11
✅ VESTING
Total Supply schedule
• User & DAO airdrops will be available on Thursday
• Investor & Team tokens have 4-year lockups (1 year cliff)
• First unlock: in one year, then monthly linear unlocks
🔗 Source: https://docs.arbitrum.foundation/airdrop-eligibility-distribution
8/11
✅ GOVERNANCE
• Self-executing governance:
This means that DAO votes will have the power to execute autonomously on-chain. No need for a central authority to "process" DAO decisions
9/11
✅ GOVERNANCE
• For emergencies: the Arbitrum Security Council
A 12-person multi-sig that will be able quick action in case of emergency. 9/12 votes needed. This could be used, for example, to patch a vulnerability
Elections for the Council are held twice annually.
10/11
✅ GOVERNANCE
• $ARB tokens govern both Arbitrum Nova and Nitro
• Voting power is determined by the number of $ARB held
• You can delegate your voting power to others (like olimpio.eth 😉🏛️)
11/11
✅ ARBITRUM "ORBIT"
Orbit will allow developers to easily and permissionlessly launch their own Layer 3 (L3) blockchain in the Arbitrum ecosystem
• L3s can be launched with no DAO approval
• New L2s that want to fork Arbitrum will be able to do it after DAO approval
Stay tuned, I will keep you updated
⚡️ Join instant alpha telegram Alerts: https://t.me/OlimpioAlpha
- Reminiscent of my first facebook post in 2006 it would only be fair to make it the same one- brb going for a piss