Dexer (@dexxer) • Hey
Phi ◱ ◱
Publications
- ✅ Timeless: Call of Taiko ✅
1\. Download Timeless X
2\. Connect Timeless X <-> Galxe
Guide > https://timelessx.gitbook.io/timeless-x/help-center/the-call-of-taiko/download-timeless-x
3\. Login Galxe with wallet connect -> Use Timeless X Scan QRcode
4\. Verify Quest 1 > https://app.galxe.com/quest/taiko/GCyN2tzVL4
5\. Quest 2 Social Task > https://app.galxe.com/quest/taiko/GCXU2tzknG
6\. Quest 3 Bridge on Timeless X > Bridge ETH from Holesky to Taiko Hekla > https://app.galxe.com/quest/taiko/GCy32tzodX
- To commemorate the milestone with @lens/lens, we collaborated with Nic Hamilton on this special artwork.
Mint it for free on @lens/orb!
- 💥 Binance Labs Invested BounceBit 💥
✅ Bitcoin restaking protocol ✅
- Deposit > 10$ (Chain ETH , BNB)
Join Invite Code 👇
https://bouncebit.io?code=5YMB4
https://bouncebit.io?code=7JPLF
https://bouncebit.io?code=EF8B3
https://bouncebit.io?code=LXP8X
https://bouncebit.io?code=DRD3R
https://bouncebit.io?code=87J3G
- Check my Builder Score on Talent Passport!
The resume for the onchain era of the internet by @talentprotocol
https://passport.talentprotocol.com/profile/12785
- I just voted "Option 1 (Only Front)" on "What is the Linea SWAG that you would like to see at upcoming events? " https://snapshot.org/#/linea-build.eth/proposal/0xda4f201a37ea08cf1892418e7b9e88f5687a68dbdc96c3ab22abaa1c7244648e #Snapshot
- I just voted "Yes" on "Velodrome Strategy Update" https://snapshot.org/#/stgdao.eth/proposal/0x6b703b90d3cd1f82f7c176fc2e566a2bb79e8eb6618a568b52a4f29cb2f8d57b #snapshotlabs
- Allow us to reintroduce ourselves...meet the native hyperscaling solution for Lens, Momoka! Momoka is an Optimistic L3 scaling solution, that will process transactions at hyperscale, and is designed to support the next generation of web3 social users.
Data availability layers are utilized to prevent storing information on-chain. While content on Lens may include an on-chain transaction, the content data is linked to a data availability location, like Momoka.
Momoka serves as a scaling solution that processes Polygon transactions off-chain, achieving hyperscale and reducing costs. Unlike L2 solutions, Momoka doesn't compress transactions into L1, it sends and stores them on a data availability layer.
The main challenge for decentralized social networks is to ensure that users have control over their content, while still being just as user-friendly as traditional social networks. Momoka makes the future of decentralized social possible.
We've worked relentlessly with the @bundlr-network.lens and Arweave teams to ensure scalability by providing Data Availability (DA) guarantees, allowing the use of Ethereum Virtual Machine (EVM)-supported wallets to save DA logic and facilitating the rapid publishing of data.
Permissionless innovation is at the core of everything we do on Lens. As we approach one year on mainnet (still in beta), we have been blown away by the talent and passion in our dev community but we realize in order to scale to the masses, we need to build new solutions.
Since yesterday, Momoka is already being beta tested on Lenster, Lenstube, Orb, Buttrfly and Phaver.
We look forward to seeing more applications roll out Momoka.
To make it easier to find any transaction made with Momoka, we built the Momoka Explorer (http://momoka.lens.xyz) to track and find Momoka transactions and to monitor the throughput speed of Momoka.
Join our Spaces today at 15:30pm UTC to hear from @stani.lens, @wagmi.lens, @nader.lens, and special guests from Bundlr and Arweave: https://twitter.com/i/spaces/1nAKEryXyDYGL/peek
- @buttrfly.lens ships some interesting features, its also super smooth experience on Lens, and great support for music and curation 🦋🎧
- gm 🌸
We are excited to announce that @lenster.lens has integrated with @livepeer.lens for video transcoding and faster delivery. Livepeer is a decentralized video infrastructure that enables high-quality video processing and delivery at scale 🚀
With Livepeer, we can now offer our users a more reliable and efficient video transcoding solution and faster delivery to the viewers. This means your videos will load faster and play more smoothly, even with slower internet connections.
Also, we now have an enhanced video uploader where you can choose your desired thumbnail 🖼️ or upload your own 💃
We also want to give a special shoutout to @sasicodes.lens for his invaluable help with the integration 🙏
- Meme Coin Season
- I just voted "Yes" on "Make Velodrome the STG Hub on Optimism" https://snapshot.org/#/stgdao.eth/proposal/0xf980d6deed62c3d77dd055963724b9d07ea0f383a2142703e5581c8e751b06ad #snapshotlabs
- Thanks $AIDOGE 😆
- **🌿 Alpha Leak- Zerion Extension x Lens 🌿**
And on the 3rd day the Lord created.... Zerion
We're big @shl0ms.lens fans & we thought collecting this post on @lensprotocol was a perfect way to show off our browser extension which is currently in private beta!
The first 500 ppl to collect & mirror this post can get skip the 350k person waitlist and get Early Access. You know what to do 😎
- I just voted "For" on "AIP 1.05: Return 700M $ARB to the DAO Treasury [REAL]" https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3ae4c725f7cb82d450b6fe8517178b2a0a51d1105beaad0adb421df1bc8f8cc4 #snapshotlabs
- GM frens
- I just voted "For" on "AIP-1: Arbitrum Improvement Proposal Framework" https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3be7368a662d1cf12fa4da768d626edbc013be0dc7b994fef2e24d9a54e4033a #snapshotlabs
- Nexon Finance mainnet is live on #zkSync Era 🔥
Checkout: https://app.nexon.finance
- Zk season 😆
- 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
- I just voted "yes" on "Proposal to Bootstrap liquidity for Stargate USDT pools on Pendle" https://snapshot.org/#/stgdao.eth/proposal/0xb89734985fddc3bc70404eaa6d62100ddeeea26c54c0ea55f66a089f79dde3ca #snapshotlabs
- I just voted "yes" on "Proposal to Approve Stargate Deployment to BASE, zkSync, Polygon zkEVM and ConsenSys zkEVM" https://snapshot.org/#/stgdao.eth/proposal/0xb850477539d006f12feb53c1ef7d1ebc967cb5424a39dd6c6b2da3c57af05695 #snapshotlabs
- ARB CLAIMED AT 1.3$
- Gm frens
- c3RydWdnbGU=
- $ARB PRICE SCENARIOS 🦅🔵
Investor price* → Market Cap 85M - ARB $0.07
Pessimistic → Market Cap 360M - ARB $0.30
Moderate → Market Cap 780M - ARB $0.65
Optimistic → Market Cap 1.4B - ARB null.20
Ecstatic 🎉 → Market Cap 3.0B - ARB $2.50
@Arbitrum Thread 🧵 - Let's estimate 🧠
$ARB is launching in 6 days
Snapshot Date: Feb 6th 2023
Many active DeFi got this airdrop (12% of the total supply)
How much could $ARB be worth a few days after launch?
1/18
Arbitrum One is the biggest Ethereum Layer2 blockchain in the space, by TVL and market share
• Market share: 55%
• TVL: $3.7B
2/18
Today we will roughly try to estimate $ARB price valuation a few days after launch - after the dust settles. By using:
• Total & initial circulating supply
• Market Benchmarks
• Percentage airdropped
3/18
TOKENOMICS
• Team & Advisors: 26.94%
• Investors: 17.53%
• Treasury: 42.78%
• Airdrop to users: 11.62%
• Airdrop to Arbitrum DAOs: 1.13%
4/18
TOKEN SUPPLY
• Total supply: 10B tokens (10,000,000,000)
• Circulating supply on 1st day: roughly 1.2B (1,200,000,000)
~12% of total supply
User airdrop is immediately unlocked. It's safe to assume that Airdrop to Arbitrum DAOs will not enter the market right away
5/18
AIRDROP CRITERIA
• Conducting transactions during 2-9 distinct months
• Transaction frequency & interaction (4-100)
• Arbitrum Nova activity: 3-10 transactions
• Bridging to Arbitrum & Arbitrum Nova
• Transaction value: $10k-$250k
• Providing liquidity: $10k-$250k
6/18
🔗 Check your eligibility here: arbitrum.foundation
🚨 Careful with scam links, always get your link from @Arbitrum twitter
Now, let's try to make scenarios for $ARB's price 👇
7/18
FDV AND MARKET CAP MEANING
• Fully Diluted Valuation (FDV) = total supply * token price
• Market cap = circulating supply * token price
With $ARB numbers:
FDV = 10B * token price
Market cap = 1.2B * token price
Token price = ❓
8/18
SPECULATING INVESTOR'S PRICE
According to Crunchbase, Offchain Labs raised 120M.
Investors are getting ~17% of the token supply, which is around 1.7B tokens.
If they bought 1.7B tokens for $120M, then that's around $0.07 per ARB. Pure speculation 👀
9/18
The best benchmarks for $ARB are Optimism and Polygon, but we can also work with other chains. Let's compare:
• Polygon $MATIC
• Optimism $OP
• Fantom $FTM
• Solana $SOL
10/18
Optimism $OP - the 2nd biggest Ethereum L2
• TVL: $950 million (DefiLlama)
• FDV: $10.8 billion
• Market cap: $800 million
If $ARB had this FDV, its price would be ~null.08
11/18
Polygon $MATIC
• TVL: null.05 billion
• FDV: $11.8 billion
• Market cap: $10.7 billion
If $ARB had this FDV, its price would be ~null.18
12/18
Fantom $FTM
• TVL: $445 million
• FDV: null.4 billion
• Market cap: null.2 billion
If $ARB had this FDV, its price would be ~$0.14
13/18
Solana $SOL
• TVL: $245 million
• Market cap: $7.7 billion
• FDV: $10.9 billion
If $ARB had this FDV, its price would be ~null.09
14/18
Summarizing:
• $ARB with the FDV of $OP: null.08
• $ARB with the FDV of $MATIC: null.18
• $ARB with the FDV of $FTM: $0.14
• $ARB with the FDV of $SOL: null.09
15/18
If the market prices ARB at the same level as OP and MATIC (~10B FDV) then token price could be ~null.00
In contrast, for ARB price to be $3.00, its FDV needs to be 3 times the size of OP's.
Yes, Arbitrum has two times Optimism's TVL, but I don't know if that is enough.
16/18
PRICE SCENARIOS
Pessimistic → Market Cap 360M - ARB $0.30
Moderate → Market Cap 780M - ARB $0.65
Optimistic → Market Cap 1.4B - ARB null.20
Ecstatic 🎉 → Market Cap 3.0B - ARB $2.50
17/18
The first hours of trading will probably be a mess, so expect volatility.
These numbers are just a price iteration and comparison to what's already out there. I don't expect them to make sense the first day of trading.
18/18
LIQUIDITY
Remember Optimism partnered with Wintermute for liquidity on $OP launch; we should wait to see how Arbitrum does it. I think they will surely take care of initial liquidity.
At which price would you sell $ARB?
⚡️ Join me on Telegram for lightning-fast alpha notifications: https://t.me/OlimpioAlpha
👥 Also, lots of DeFi and Airdrop talk is going on inside Earndrop's server, join here: https://earndrop.io/discord
- $ARB Is Coming
- I just minted 1 copy of Base, Introduced https://zora.co/collections/0xd4307e0acd12cf46fd6cf93bc264f5d5d1598792 #zora
- Come visit my philand on @phi_xyz! https://land.philand.xyz/dexxer.eth #philand
- I just deposited $28.31 into my @pooltogether.lens prize savings account! Join me and thousands of others saving $46,206,249.55 and winning 129 prizes daily. #PoolTogether
https://app.pooltogether.com?utm_campaign=in-app-share&utm_source=app&utm_medium=lenster&utm_content=deposit
- I just won EMCs in an airdrop from @ethermail_io 💸
Sign up now and claim your web3 email address! 💌 https://ethermail.io/?afid=637785dcda492e40bd9948b0
#ethermail #web3 pic.twitter.com/KkfoErwAYm
- I just deposited $500.00 into my @pooltogether.lens prize savings account! Join me and thousands of others saving $46,590,364.83 and winning 129 prizes daily. #PoolTogether
https://app.pooltogether.com?utm_campaign=in-app-share&utm_source=app&utm_medium=lenster&utm_content=deposit
- I just voted "For" on "MDP-03: Proposed Integration of SpaceID(.bnb) into Mail3" @mail3dao @snapshotlabs.lens
- Gm frens
- มีแต่คนบอกว่าห้ามพลาด
register แปปเดียวครับ link ด่านล่าง
https://vrlps.co/ua68d9j/cp (ref)
- GM
- $LENS Airdrop Strategy 🌿
There have been rumours that @LensProtocol's token is close. Coinbase had the LENS price page for one day before taking it down.
Thread:
• How to get a Lens Profile
• Complete the new Lens quests and get a reward ⚡️
🧵
1/11
✅ $LENS info
On Feb 1, @stani.lens, Lens' Founder, published a tweet with Ξ16460695 ETH block.
That block was mined in Jan 22. Could it be a snapshot?
🔗 https://etherscan.io/block/16460695
https://twitter.com/stanikulechov/status/1620802163843928064
2/11
✅ $LENS info
Stani spoke about governance in a Podcast in May 2022
TLDR: It's a progressive approach. Lens in-protocol fee collection is 0 atm, but if switched "on", they could go to a community owned treasury
I tweeted about this in Jun 2022 👇
https://twitter.com/OlimpioCrypto/status/1533846684480024581
3/11
✅ $LENS info
There is no official info yet, this is all speculation, however it's natural for a protocol to eventually pursue decentralization via token governance.
So let's stay tuned and see how this evolves, we are early
4/11
✅ How to get a Lens handle?
Many people doesn't know that Lens profiles are NFTs and can be purchased in Polygon Opensea: https://opensea.io/collection/lens-protocol-profiles
Floor price has been slowly inceasing, right now it costs 86 USDC to get one that's already minted.
5/11
If you buy a Lens handle in Opensea, you can start using it immediately. However you can't pick up the @ handle, since it was already minted by someone.
Also, floor price will probably dump hard when Lens Profiles are unlimitedly open to the public. No ETA on that.
6/11
✅ How to get a Lens handle?
The other way to get a handle is mint it yourself, but right now minting is closed, and they open it for some users from time to time.
Latest way to get whitelisted is to have +700 DegenScore and mint via Phaver App 👇
https://twitter.com/StaniKulechov/status/1625134666867933185
7/11
✅ Lens Quests in Phi
Lens launched a series of Quests in @philand.lens on Feb 7.
They last until Feb 22, so there's still 10 days to participate and claim free NFT rewards plus generate Lens real activity in the protocol.
8/11
✅ Lens Quests in Phi
How to participate?
1. Go to 🔗 https://quest.philand.xyz/campaign/lens-yasai
2. Own a Lens Handle
3. Set your default Lens handle in Lenster if you own more than one
4. On the campaign page, click the "Apply" button
5. Start completing the quests! 👇
9/11
✅ Lens Quests in Phi
Here is a Step by Step tutorial en how to complete all six quests: 🔗 https://phi-xyz.notion.site/Yasai-Walkthrough-Guide-6f99640b0b894f6fbb7f9fc42997a999
It's quite straightforward
10/11
✅ Claiming rewards
Phi says that claiming rewards will start on Feb 22nd.
There is no info yet as to what those rewards are.
However, when you complete each quest, you earn one free NFT that can be traded via OpenSea. There's one for every quest, so there are 6 NFTs.
11/11
Not many people know that you don't need a Lens profile to follow someone on Lens.
Give it a try:
1. Go to 🔗 https://lensfrens.xyz/olimpio.lens
2. Connect any wallet, with or without a Lens profile
3. Click follow
4. Sign the #1 txn
5. Submit the #2 txn to the blockchain
⚡️
- Claim POAP ของ Gitcoin รอบ Alpha
https://www.poap.delivery/gitcoin-alpha-round
- Gm frens
- free collectible NFTs just dropped for UFO subscribers on Lens!
if you're in the first 1K, 3K, 5K or 15K UFO subscribers you're eligible for this free mint.
these NFTs are a chance to show onchain that you were early to UFO ~ utility for token-gated releases and experiences in future.
if you haven’t subscribed ~ there will be an NFT for the first 30K. we're at 17K and this NFT will drop when we reach 30K. don’t be late!
CLAIM NFTS ~ https://ufo.mirror.xyz/7jD11wOGd8iIqZPP6RVOm5OPSgK3dtX8IMxyrRlDpMA
- GM fren
24,000 $
- Phi x Lens !!
https://quest.philand.xyz/campaign/lens-yasai
**Yasai Lens Festival** #Yasai
- https://form.waitlistpanda.com/go/WzNdl6Tusvm3k89B3yKL?ref=w1W4XjeMFZxZG17euKtT
(Ref)
Waitlist > LensPlay
- GM
- I just contributed to the 🕯️ KZG Ceremony 🕯️ using 0x043ac…99a to help scale Ethereum
↓ Add your own randomness ↓ ceremony.ethereum.org
- Today, MetaMask launched MM Bridge 🦊
Also, a Google Form to be a testnet validator in the zk-EVM solution from ConsenSys just opened 4hs ago. Fill it now!
A reminder that this year Lubin already confirmed a MM token.
Here is what you can do to try and get all airdrops: 🧵🪂
1/6
This is the WhiteFoxMask airdrop thread I made in April.
I covered using the MetaMask swap feature. If you haven't already, give it a try. It's a good way to interact with MM at a blockchain level
These smart contracts could be used for a snapshot:
https://twitter.com/OlimpioCrypto/status/1514432535685578754
2/6
Today MetaMask launched a new feature: Bridges.
It's a bridge aggregator integrated with Hop, Connext, Celer, cBridge and Polygon Bridge.
Another good way to interact with MetaMask's smart contracts, this could serve for a snapshot.
Try it now: http://portfolio.metamask.io/bridge
3/6
ConsenSys is planning to launch a rollup zk-EVM: http://consensys.net/blog/research-development/consensys-rd-launches-an-updated-and-expanded-zk-evm-version
⚡️ They have just opened applications to participate on their testnet. Be quick, they might be open for just a few hours:
🔗 https://docs.google.com/forms/d/e/1FAIpQLSc0mXdLiI7MjLNG4BfqzK4TAS7oCUnoQM5gqqI8GutKoJjQcA/viewform
Team member says there could be rewards
4/6
Infura is a infrastructure service from ConsenSys, powering web3 services and allowing developers to connect to the Ethereum network.
There is a rumour that $INFURA might be on its way.
Covered it here:
https://twitter.com/OlimpioCrypto/status/1570863149741666304
5/6
There was a (month old) early access program application to join the new "decentralized" infrastructure service that infura wants to build.
Here is the form, still works:
🔗 http://infura.io/resources/network/decentralized-infrastructure-network-early-access-program
Anyways, go to their discord to check how to get involved.
6/6
Summary:
ConsenSys owns MM & Infura, and is planning to launch its own zk-EVM rollup
• $MASK → bridge and swap using MetaMask
• zk-EVM → Fill Google Form and participate in ConsenSys testnet
• $INFURA → Fill form and get involved in their decentralized future vision
Sorry if anyone is stuck with liquidity at FTX. Let's hope it gets resolved, these have been bad days for the industry
We need to keep moving forward, that's why I am posting these news.
My advice would be to withdraw all crypto from all CEXes until there's more visibility
⚡️
- 🚨 AL1Layer, New NFT Collection / Get Whitelisted Today
#Mint Oh Ottie! using native assets bridged from Ethereum, BNB Chain & Polygon
A collection of 2,000 unique Ottie avatars as part of an NFT collection titled ‘Oh Ottie!’
https://twitter.com/AlphaInsiders/status/1589969396889710592
⭕️ Like/RT To Support
#AlphaInsiders 🧵🕵️♂️⚡️🪂
- Rekt Frens จำนวน 300+ ชิ้น เทียบกับ Orca จำนวน 1,000 ชิ้น
ซึ่งอยู่ใน collection ของ Quix ที่น่าจะ airdrop ใน week หน้า จึงยังมี gap เหลือให้ Rekt Frens ขึ้น สวยๆ ตอนนี้ Rekt Frens floor ยังต่ำกว่า Orca อยู่
ความเสี่ยงคือต้องตามดูเงื่อนไขการนำ NFT collection นี้ไปแลก QX airdrop
https://www.patreon.com/posts/74252733