Cristiano Ronaldo (@crustianoronaldo) • Hey
Cristiano Ronaldo (@crustianoronaldo) • Hey
Publications
- Managing your @lensprotocol profit through a wallet
Making profit from a post on Lens means that all my earnings and expenses go through my general wallet, but I use that wallet for a lot more activities that are not creation related.
A "creators wallet" where I can manage the income I make from my collects as well as expenses I have when promoting through @wav3s.lens would be an ideal addition to my toolset.
As users find more ways to create value on-chain there will be an increasing need for tools that would help them manage their profit.
I feel that the Lens community is an amazing niche to start exploring with this new concept.
Follow me for more daily posts and collect this one for free
- Gm 😊
- Who is here from Finland?
- Massive news today: Shanghai Upgrade date confirmed 📆 ⚡️
• 16.5M ETH has been staked so far (~30B USD)
• 25% solo stakers. 30% LIDO. 12% Coinbase.
• Date: 12 April, 2023
🧵 Thread: How do ETH withdrawals work? Who are the stakers? Can all of this affect ETH price?
1/11
• What is the Shangai Upgrade? The road so far
As you know, with The Merge ETH migrated from POW to POS.
In POS, ETH is staked to secure the network. People have been staking ETH since December 2020.
2/11
• What is the Shangai Upgrade? The road so far
Up until now, stake ETH was one-way. Stakers could not withdraw it.
However, LSD solutions such as Lido appeared and allowed people to mint tokens such as stETH which are close to 1:1 trading, enabling staked ETH liquidity.
3/11
• What is the Shangai Upgrade?
The Ethereum network is set to upgrade in Apr 12th 2023.
The upgrade will bring changes to the network, including the ability to withdraw staked ETH, worth 30B USD.
Not all ETH would be able to be withdrawn at once.
4/11
• Who are the stakers?
Lido: 29%
Solo stakers: 25%
Coinbase: 12%
Kraken: 7.5%
Binance: 6.1%
Others: 20.4%
5/11
• How much ETH will be withdrawn?
Not all 15M ETH can be withdrawn at once. There is a queue for validators to gradually unlock it.
There are two types of withdrawals, partial and full.
6/11
• Withdrawal types
1. Partial: only interests out, not capital (staked ETH). Maximum amount of ETH possible to be taken is 1M or 1.6B USD
2. Full: interests + capital. Rate limited to only 54,000 ETH/day
(7 validators/epoch. 225 epochs/day) | (24*60)/6.4*7*32 = 54,000
7/11
• Sell pressure
With 50,400 max ETH withdrawable per day, that's 80M maximum potential sell pressure daily.
Last 24hs ETH trading volume was 9B according to CoinGecko.
80M is less than 1% ETH's last 24hs trading volume.
8/11
• LSD = Liquid Staking Derivatives
We also need to consider that ~57% of ETH stakers have liquid access to their ETH thanks to solutions like Lido or Rocketpool.
So these people could have sold long ago, they did not have to wait until April 12 like the other 43%
9/11
• ETH issuance in POW?
Before The Merge, block reward was 2.2 ETH per block. At an AVG rate of 15 seconds/block, that is around 11,500 ETH per day.
10/11
Some of the information from this thread was taken from this report by Binance Research: 🔗 https://research.binance.com/en/analysis/ethereum-shanghai-upgrade
And Dune: 🔗 https://dune.com/hildobby/eth2-staking
11/11
Final thoughts on Shanghai
• The Shanghai Upgrade is a crucial step in the development of the Ethereum network.
• It might cause some price movement in the short term, but for me it is bullish for the ecosystem long term.
ETH has been deflationary in the last 7 days.
Join Alpha Discord: https://earndrop.io/discord
- WOW 🎥 🌿
- Wen airdrop? 😊
- The yes bet for $arb / $arbi airdrop is trading at 40 cents on polymarket at the moment. Is something cooking or just speculation at the moment. None the less, great opportunity to hedge for farmers. #arbitrum airdrop
- This is Lenny
- Gm lens,👀
Character sketch
- 2023-03-11.
- GM to everyone except to those who sold USDC under 95 cents.
- The wait for airdrop is gruesome.
- $ZZ airdrop data 🪂
Today ZigZag released their airdrop information. Over 110,000 addresses qualify to claim $ZZ
Airdrop date: on or before Feb 28, that's 4 days from now.
Airdrop breakdown how to check if you can claim 🧵👇
1/10
Airdrop information
• Total addresses airdropped: after all airdrops around 110,000 addresses
• Total ZZ airdropped: after all airdrops around 35,000,000 ZZ (35% of supply)
2/10
Airdrop information
There are 7 possible ways to be eligible to this airdrop.
1. Trader airdrop
2. Gitcoin donor
3. Atlendis LP
4. MM bot airdrop
5. Discord Member
6. POAP holder
7. IDO participant
Let's break this down:
TRADER AIRDROP (1/7)
Criteria:
• 300 ZZ/address
• 1-month activity (1st & last swap 30 days apart)
• 4 unique days with swaps
Early adopter bonus:
• 300+ ZZ if 1st swap before 1 Dec 21
• 100+ ZZ if 1st swap before 1 Jan 22
🔗 search your wallet: https://zigzag-data-2.s3.amazonaws.com/trader_eligible_addresses.csv
GITCOIN DONOR (2/7)
Criteria:
2 ZZ for every USD donated (3 USD minimum)
🔗 search your wallet: https://zigzag-data-2.s3.amazonaws.com/gitcoin_eligible.csv
ATLENDIS LP (3/7)
Criteria:
500 ZZ per depositor (5 USD minimum)
🔗 search your wallet: https://zigzag-data-2.s3.amazonaws.com/atlendis_eligible_addresses.csv
MM BOT AIRDROP (4/7)
* This airdrop was already distributed. It was the first one.
Criteria:
ZZ based on amount of trades
🔗 search your wallet: https://docs.zigzag.exchange/zigzag-exchange/airdrops/mm-bot-airdrop
Check your wallet in https://zkscan.io/, airdrop already distributed.
DISCORD MEMBER AIRDROP (5/7)
Criteria:
ZZ based on Member role (1000 ZZ to Og, 750 ZZ to Senior, 500 ZZ to Member)
🔗 search your wallet: coming soon
POAP HOLDERS (6/7)
Criteria:
300 ZZ per POAP holder (https://poap.gallery/event/27697)
🔗 search your wallet: https://3059672253-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvfgwOIiMma9VlJTwj0yt%2Fuploads%2FC7n2Ct9GFsxFaT4e8yXB%2FZigZag%20Exchange%20Lantern%20Festival%20Trivia.csv?alt=media&token=de2f2e43-5131-4fae-b791-4288ac784e6c
IDO PARTICIPANT (7/7)
Criteria:
3 ZZ for every ZZ purchased (1 ZZ minimum)
🔗 search your wallet: https://zigzag-data-2.s3.amazonaws.com/ido_eligible.csv
10/10
Airdrop will be claimed on or before February 28th, according to messages in their discord.
Full airdrop data: https://docs.zigzag.exchange/zigzag-exchange/airdrops
⚡️
- GM 😊
- My first Lens GIVEAWAY! 🌿
I'm going to airdrop a FREE utility NFT to 5 random followers!
Something light for the weekend.
To ENTER:
→ Follow me @aceofafrica
→ Reply “FREE”
→ Mirror this post
Winners will receive their NFTs in < 24 hours.
LFGrow!
- GM fellow lensters.. let’s get to know and follow each other
- First beer bought with Goerli G
- 🕊️🕊️ Collect this @mirrordao.lens post to help Zerion raise 50 ETH to support thousands hurt, injured and displaced in Turkey & Syria.
https://zerion.mirror.xyz/5Kp7q8zShZ3rtTrwBVm9uHehkD-gwzn3c6xNyzn9Bps
- Looking forward to $lens airdrop. 100k users with probably less active ones. Seeing $blur and $ens airdrop, maybe 5k per profile isn't too shaby.
- Join the discussion and share your thoughts on how the DAO should utilize its CRV holdings. https://governance.aave.com/t/arfc-deploy-acrv-crv-to-vecrv/11628
- GM
- From optimistic rollups to zk, degenerates gonna degenerate.
- Aint’t no sunshine till $Arb is coming
- There are more than 1k GHO Goerli holders already https://goerli.etherscan.io/token/0xcbe9771ed31e761b744d3cb9ef78a1f32dd99211
Thank you for everyone who is testing out GHO 🫶
- **New ZK-rollup Testnet: Taiko ⏅**
3 days ago TaikoXYZ announced their Alpha Testnet.
Tutorial: INTERACT and run a NODE with Taiko Testnet and get a POAP!
🧵 How to position yourself for $TKO airdrop, if it happens:
1/6
What is Taiko?
It's a Type 1 (Ethereum-equivalent) ZK-EVM.
Another Layer 2 scaling solution for Ethereum, like zkSync and Starknet
• Founded by the former CEO of Loopring
• They claim they are "well funded". List not public yet
In-depth info: 🔗 https://taiko.xyz/docs/intro/faq
2/6
TOKEN CONFIRMED: Their token will be called $TKO
• Although the fees are paid in ETH, block proposers get revenue for burning $TKO and paying ETH to Ethereum L1 Validators
• Mechanim: TKO will be minted to reward proof verification by block provers
3/6
What's the current stage of the project?
3 days ago, Taiko announced their Alpha-1 Testnet, called "Snæfellsjökull". Deploying on mainnet in 2023!
We can interact with Alpha Testnet right now.
Strategy below 👇
4/6
TESTNET STRATEGY
STEP 1: Get faucets tokens
• l1faucet.a1.taiko.xyz
• l2faucet.a1.taiko.xyz
STEP 2: Bridge tokens from ETH-A1 & Taiko-A1
• bridge.a1.taiko.xyz
STEP 3: Deploy smart contract tutorial: https://youtu.be/wlSCIoI9Nho (shoutout to Kethic community member)
STEP 4: Run a node. Here is a tutorial below 👇
Links in the tutorial so you can copy-paste:
• https://git-scm.com/download/win
• https://docs.docker.com/desktop/install/windows-install/
• https://github.com/taikoxyz/simple-taiko-node.git
Here is the discord message directly (shoutout to Luuk community member): https://discord.com/channels/984015101017346058/997607633383067729/1058359118940885062
STEP 5: Don't forget to send tokens to your friends (regular transactions)
STEP 6: Submit any feedback here: https://github.com/orgs/taikoxyz/discussions/new?category=feedback&title=Testnet%20feedback%20form&body=%23+Friction+log%0D%0A-+TODO%0D%0A%0D%0A%23+Other+notes%0D%0A-+TODO%0D%0A
More details: 🔗 taiko.xyz/docs/alpha-1-testnet/start-here
5/6
💡 Alpha: you'll be able to claim a POAP (in February 2023) for completing a minimum of 2/3 tasks before Jan 31st, 23:59 UTC.
Tasks:
- Using the bridge (mentioned above)
- Send transactions between wallets
- Interact with contracts (or deploy one)
6/6
Will there be an airdrop? 🪂
There is no information about any airdrops or eligibility criteria yet. We should stay tuned for it if the decide to announce it.
In the mean time, doesn't hurt to interact and earn that POAP while we are still early!
⚡️
- Scaling the Ethereum L1 blockchain ⚡
How to participate in Scroll Testnet (zkEVM network) and potentially get $SCROLL airdrop
A thread: what is Scroll 👇
1/9
STEP 1: Enter prealpha.scroll.io
STEP 2: Add Scroll L1 Testner & Scroll L2 Testnet to your MetaMask
STEP 3: Don't forget to add test tokens so you can play around the ecosystem
2/9
STEP 4: get test ETH & USDC: https://prealpha.scroll.io/faucet/
STEP 5: Bridge from Scroll L1 to Scroll L2
STEP 6: Swap using the DEX (Swap feature)
STEP 7: Add Liquidity
3/9
STEP 9: Provide feedback on discord or via form:
docs.google.com/forms/d/e/1FAIpQLSdWjFycIjGATxVAMBazZ7ky3DZFJYO5mA6S0nSpwmzwU1MwVw/viewform?usp=send_form)
STEP 10: Do the Orbiter Finance bridge transfer
rinkeby.orbiter.finance (Orbiter has no token yet)
Ethereum Goerli -> Scroll L2 Testnet
4/9
What are zkEVMs?
These are zero-knowledge EVM solutions (built on top of Ethereum virtual machine)
Why are they needed?
"In the medium to long term, ZK rollups will win out in all use cases as ZK-SNARK technology improves". — @VitalikButerin
5/9
What @Scroll_ZKP brings to the table: another solution that aims to scale the Ethereum blockchain, using zero-knowledge technology.
How are they different from other ZK solutions?
• Scroll supports stuff built on EVM
• StarkNet uses an own virtual machine
6/9
Scroll features:
• 10+ DApps already deployed
• PreAlpha testnet launched
• TPS: with no data sharding, 1000-2000
• Open source
7/9
Scroll Airdrop for early users? 🪂
No airdrop was confirmed so far. However, we can test the chain, following the steps before.
• Vitalik, Barry Whitehat, Chih-Cheng Liang and Konstantopoulos made reviews of Scroll
• The team consists of 20 people (they are hiring)
8/9
Alpha tip: join their discord and be active there:
🔗 discord.gg/GQxeCTA4dJ
$HOP or $ACX gave an airdrop for social activities.
9/9
Alpha 2: $UNI holders voted for Uniswap v3 to be deployed on Scroll testnet.
🔗 snapshot.org/#/uniswap/proposal/0x5ad7208d9ccad93dbc96abc12bfeffcfe83e96b9782e5135727cdaaf494d70f3
Get Alpha Telegram Alerts: https://t.me/OlimpioAlpha
- I just deposited $22.00 into my @pooltogether_ prize savings account! Join me and thousands of others saving $36,721,981.38 and winning 703 prizes daily. #PoolTogether
https://app.pooltogether.com?utm_campaign=in-app-share&utm_source=app&utm_medium=lenster&utm_content=deposit
- Tried to make Cristianoronaldo.lens.. got ecstatic and made a blunder with my profile name. Now, can’t go back 😐