cryptomonkey84 π¦ΈπΏ β± β± (@cryptomonkey84) β’ Hey
Came for the tech, stayed for the art.
Publications
- I just voted "Yes" on "MIP-28: [EC Proposal] Expanded Strategies and Liquidity Programs" https://snapshot.org/#/bitdao.eth/proposal/0x1f23e992b5123d0948e48681da08cb511e3dc6405baf0d301198ecce4c1e1d5a
- I just voted "yes" on "Proposal to Approve Stargate Deployment on Scroll" https://snapshot.org/#/stgdao.eth/proposal/0x1a1199e257551beac23b21fdba98f6efba2773a52135ad848fc6ad5b22b5d627 #Snapshot
- I just voted "Yes" on "Stargate Deployment on IDEX/XCHAIN" https://snapshot.org/#/stgdao.eth/proposal/0x6078a960e2cb6b518dddc3773f7f40b30ab76bc6f2f3de2022eaafe78c8ee0a1 #Snapshot
- I just voted on "MIP-24: Mantle EcoFund" https://snapshot.org/#/bitdao.eth/proposal/0x395e58727038c5a855977248a1dd6e07356674c11f0293eb4b0f68de4e73792f #Snapshot
- Anyone here also on threads? Feel free to follow, same @ :)
- A Glimpse of Serene Playa Carrillo
Take a quick look at the lush green spaces and leisure areas in Playa Carrillo, where tranquility and natural beauty abound.
Witness the vibrant colors of the surrounding foliage and experience the perfect harmony between nature and recreational spaces.
Join me as I unveil the hidden gems and inviting retreats that await tourists in Costa Rica.
- I just voted "Yes" on "MIP-24: Mantle EcoFund" https://snapshot.org/#/bitdao.eth/proposal/0x395e58727038c5a855977248a1dd6e07356674c11f0293eb4b0f68de4e73792f #Snapshot
- I just voted "For" on "[GP9] Development of a Chrome extension for Galxe" https://snapshot.org/#/gal.eth/proposal/0x54b6b8929304f080cc510994a756e82ebbb00b8bad5c9fa611c251b56fa9e381 #Snapshot
- I just voted "For" on "[GP8] Arbitrum Gas Fee Reimbursement" https://snapshot.org/#/gal.eth/proposal/0x796dfa42d56f9be526960e9dd516ccb50a6bd5e834f361ee387a0e4633b9e93c #Snapshot
- oooo yes! That's a sweet new addition indeed!
- I just voted "Yes" on "BIP-21: Optimization of Brand, Token, and Tokenomics" https://snapshot.org/#/bitdao.eth/proposal/0xe81f852d90ba80929b1f19683da14b334d63b31cb94e53249b8caed715475693 #snapshotlabs
- If you're in a leadership position, remember that having high standards for the entire organization is crucial. It may not always be easy, but it's necessary to drive success and achieve your goals. You've got this!
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Live in the moment, cherish every second π
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Believe in yourself, you can do anything πͺ
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Be the reason someone believes in the goodness of humanity π
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Believe in your abilities, nothing is impossible π
- We are thrilled to announce the French artist Richard Orlinski π¦ being part of the collection π
We canβt wait to show you his electrifying Pop Art π§βπ¨, freedom, power and passion being embodied into a Smurf π
Which Smurf character do you think would you like to see in Richardβs unique low-poly style? π€
Final hours of the Smurf's Society Bucket Auction
Place your bid here πππ
https://exchange.thesmurfssociety.com/auction
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Spread kindness and love wherever you go π
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Every day is a new chance to learn and improve π
- I just contributed to the π―οΈ KZG Ceremony π―οΈ using 0x30ee1β¦fb37 to help scale Ethereum
β Add your own randomness β ceremony.ethereum.org
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Don't let anyone dull your sparkle π
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You are stronger than you think πͺ
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Love yourself, flaws and all β€οΈ
- I just voted "Approve TIP-24" on "TIP-24: Financing a Bridgeworld Game Through Protocol Owned Liquidity" https://snapshot.org/#/treasuregaming.eth/proposal/0x7b1ebf70e9c2608f2daee828b9f2cc8f627f76268aea599f73b86bf9b98bb3ca #snapshotlabs
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Be proud of who you are and what you have accomplished π
- I just voted "Yes ser π" on "Do you like the Snapshot integration with Lenster?" https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718 #snapshotlabs
- Grabbed a The Garden byΒ @chriscomrie.lens
Let's experiment π€ π§ͺ
https://hq.decent.xyz/1/Editions/0x852A30069eaa222210E303669f01ffCC16702f00
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Believe in your abilities, nothing is impossible π
- ππ¨ Hold on to your hats, Lens Frens !!
The public sale is coming in less than 2 weeks! ππ
Β
On April 18th @ 5pm CET, be ready to bid on the Bucket auction and own one (or more!) Smurfs! π§βπ¨π
But wait, there's more! π± Over the next few days, we'll be giving you DAILY updates on future utilities, MORE Smurfs, and EPIC artist collaborations! π¨πΎπ
PLUS, we'll dive deep into what a Bucket auction is, so you can crush the bidding game and WIN something EXTRA SPECIAL! π₯π
Mark your calendars and get hyped, because the Smurf-nado is coming! πͺππ
- Loving my circle. Got some OGs in there π€©
Who's in your circle? https://circles.inlens.xyz/
- Trust Wallet has partnered with MoonPay and Ramp to allow customers to convert their crypto to fiat without using any centralized exchange.
[Binance self-custody wallet launches crypto-to-fiat off-ramp](https://cointelegraph.com/news/binance-self-custody-wallet-launches-crypto-to-fiat-off-ramp)
Trust Wallet has partnered with MoonPay and Ramp to allow customers to convert their crypto to fiat without using any centralized exchange.
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Gratitude is the key to happiness π
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Don't let anyone dull your sparkle π
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Your journey may be tough, but so are you πͺ
- Ronnie uses Collateral Swaps.
Available across all V3 markets onΒ app.aave.com. Powered by ParaSwap.
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Love yourself, flaws and all β€οΈ
- The past three months have been crazy in terms of growth. π¦
Thank you everyone and welcome 10k+ π€
If you're not a bot, you should check this post:Β https://lenster.xyz/posts/0x0312-0x0398
- Massive news today: Shanghai Upgrade date confirmed π β‘οΈ
β’ 16.5M ETH has been staked so far (~30B USD)
β’ 25% solo stakers. 30% LIDO. 12% Coinbase.
β’ Date: 12 April, 2023
𧡠Thread: How do ETH withdrawals work? Who are the stakers? Can all of this affect ETH price?
1/11
β’ 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
β’ 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
β’ 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
β’ Who are the stakers?
Lido: 29%
Solo stakers: 25%
Coinbase: 12%
Kraken: 7.5%
Binance: 6.1%
Others: 20.4%
5/11
β’ 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
β’ 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
β’ 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
β’ 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
β’ 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: π https://research.binance.com/en/analysis/ethereum-shanghai-upgrade
And Dune: π https://dune.com/hildobby/eth2-staking
11/11
Final thoughts on Shanghai
β’ The Shanghai Upgrade is a crucial step in the development of the Ethereum network.
β’ 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
- Another week, another Aave News π»
Congrats to our **February Grantees**!
Plus, **v3 to Launch on Metis**, **Butter Delegate Election π§**, Aave DAO's **ARB Allocation**, and More.
https://aavegrants.mirror.xyz/r51BvxwkzW-GqfgUZV79tCuge3qAafaPDmd8216rmFA
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Don't be afraid to shine bright π
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Find joy in the journey, not just the destination π
- meet orbpanda: our not-so-official mascot!
we have a challenge for you, who/what can we choose to be our mascot?
name them on @orbapp.lens!
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Happiness is a choice πΌ
- We are excited to announce that the Mainnet launch of our @lensgardennft.lens collection will take place on Thursday 23-03-2023 on Polygon. Join us for a unique and immersive NFT experience that connects your activity on the Lens Protocol ecosystem to your NFT, enhancing its value.
Our bots have meticulously created and curated the Lens Garden collection to ensure that each plant is uniquely fashioned for every community member. Lens Garden is the first dynamic NFT collection within the entire ecosystem, and we can't wait for you to explore it.
Lens Garden is a significant milestone in the Lens ecosystem, and we're excited to invite you to participate in this new NFT experience. The collection is a digital asset that evolves and grows with your activity on the Lens Protocol.
Thank you for your continued support of Lens Garden NFT collection. We can't wait to see you at the launch and for you to level up your NFT with Lens Protocol. Stay tuned for more updates and information on this exciting new addition to the NFT space.
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Be thankful for the little things in life π
- ββββββ 71%
Arbitrum's $ARB is coming this Thursday π¦
π΅
77% of my audience got this airdrop. Congrats everyone, BTW β‘οΈ
26% is holding no matter the price, and 50% is not selling below null.25.
What is the purpose of the ARB token? π§΅π
1/11
β
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
β
ABOUT PRICE
In my second poll, 26% is holding.
Only 22% are selling below null.25.
https://twitter.com/OlimpioCrypto/status/1636771668206006272
3/11
β
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
β
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
β
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
β
TOKENOMICS
β’ Team & Future Team + Advisors: 26.9%
β’ DAOs in the ecosystem: 1.1%
β’ Individual wallets: 11.6%
β’ 42.8%: DAO Treasury
β’ Investors: 17.5%
Total supply: 10B tokens
7/11
β
VESTING
Total Supply schedule
β’ User & DAO airdrops will be available on Thursday
β’ Investor & Team tokens have 4-year lockups (1 year cliff)
β’ First unlock: in one year, then monthly linear unlocks
π Source: https://docs.arbitrum.foundation/airdrop-eligibility-distribution
8/11
β
GOVERNANCE
β’ 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
β
GOVERNANCE
β’ 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
β
GOVERNANCE
β’ $ARB tokens govern both Arbitrum Nova and Nitro
β’ Voting power is determined by the number of $ARB held
β’ You can delegate your voting power to others (like olimpio.eth πποΈ)
11/11
β
ARBITRUM "ORBIT"
Orbit will allow developers to easily and permissionlessly launch their own Layer 3 (L3) blockchain in the Arbitrum ecosystem
β’ L3s can be launched with no DAO approval
β’ New L2s that want to fork Arbitrum will be able to do it after DAO approval
Stay tuned, I will keep you updated
β‘οΈ Join instant alpha telegram Alerts: https://t.me/OlimpioAlpha
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Embrace your uniqueness π
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Don't be afraid to shine bright π
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You have the strength to overcome any obstacle πͺ