Dominik Mika (@dominikmika) • Hey
₿eeing part of cryptosphere since 2020
Publications
- I've been really excited about collects again. How about you?
- Megathread — The OP Stack 🔴🔵🟡⚪🟢👁️
Let's explore:
• What is the OP Stack?
• Five projects building on the OP Stack.
• @BuildOnBase
• @BNBCHAIN
• @ourZORA
• @pgn_eth
• @worldcoin
Massive Alpha Strategies on how to interact with each project. 🪂
🧵
What is the OP Stack?
"A modular, open-source blueprint for highly scalable, highly interoperable blockchains of all kinds."
🔗 https://stack.optimism.io/
Here are five projects building on the OP Stack and strategies for each project. 👇
Base 🔵
"Base is a secure, low-cost, developer-friendly Ethereum L2 built to bring the next billion users to web3."
🔗 https://base.org/
Base🔵 continued...
• Built by Coinbase
• Coinbase funding: $500+ million
• $BASE token possible, but not confirmed
• Base testnet is live
Base 🔵 Strategy 🪂
Mint "Base, Introduced" on Zora
🔗https://zora.co/collect/eth:0xd4307e0acd12cf46fd6cf93bc264f5d5d1598792
Bridge to Base testnet
🔗https://bridge.base.org/
Complete Base quest
🔗https://quests.base.org/
Run a Base testnet node
🔗https://github.com/base-org/node
Base🔵 Resources
Base documentation
🔗https://docs.base.org/
Base GitHub
🔗https://github.com/base-org
Add Base testnet to your wallet
🔗https://docs.base.org/using-base
Base testnet $ETH faucet
🔗https://docs.base.org/tools/network-faucets
opBNB🟡
"An optimized layer-2 solution that delivers lower fees and higher throughput to unlock the full potential of the BNB Chain."
🔗https://opbnb.bnbchain.org/
opBNB🟡 continued...
• Built by Binance
• $opBNB token unlikely, but nothing confirmed
• opBNB testnet is live
opBNB🟡 Strategy 🪂
Bridge to opBNB testnet
🔗https://opbnb-testnet-bridge.bnbchain.org/deposit
Explore opBNB ecosystem
🔗https://docs.bnbchain.org/opbnb-docs/docs/build-on-opbnb/ecosystem
Run a opBNB testnet node
🔗https://docs.bnbchain.org/opbnb-docs/docs/tutorials/running-a-testnet-node
opBNB🟡 Resources
opBNB documentation
🔗https://docs.bnbchain.org/opbnb-docs/docs/intro
opBNB GitHub
🔗https://github.com/bnb-chain/opbnb
Add opBNB testnet to your wallet
🔗https://docs.bnbchain.org/opbnb-docs/docs/build-on-opbnb/wallet-configuration
opBNB testnet $BNB faucet
🔗https://docs.bnbchain.org/opbnb-docs/docs/build-on-opbnb/network-faucet
Zora Network⚪
"The Zora Network is a fast, cost-efficient, and scalable Layer 2 built to help bring media onchain. Many L2s are currently DeFi centric whereas the Zora Network is an ecosystem that puts NFTs first."
🔗https://zora.co/
Zora Network⚪ continued...
• Zora funding: $60 million
• Zora backers: Paradigm, Coinbase Ventures, and more
• $ZORA token confirmed
• Zora is live on Ethereum mainnet
• Zora Network mainnet is live
Zora Network⚪ Strategy 🪂
Mint NFT's on Zora (Ethereum & Zora Network)
🔗https://zora.co/
Bridge to Zora Network mainnet
🔗https://bridge.zora.energy/
Mint "Energy" NFT on Zora Network
🔗https://zora.co/collect/zora:0x6c00cf938446c553a581f913fb0ad17a613157f9/1/mint
Zora Network⚪ Resources
Zora Network documentation
🔗https://docs.zora.co/docs/zora-network/intro
Zora Network GitHub
🔗https://github.com/ourzora
Add Zora Network to your wallet
🔗https://docs.zora.co/docs/zora-network/metamask
Public Goods Network🟢
"PGN is both a digital schelling point and the world’s first L2 that works to create durable and recurring funding for public goods."
🔗https://publicgoods.network/
Public Goods Network🟢 continued...
• PGN backers: Gitcoin, Public Nouns, and more
• $PGN token possible, but nothing confirmed
• PGN testnet is live
Public Goods Network🟢 Strategy 🪂
Bridge to PGN testnet
🔗https://pgn-bridge.vercel.app/bridge
Get involved with PGN
🔗https://pgn-docs.vercel.app/get-involved
Public Goods Network🟢 Resources
PGN documentation
🔗https://docs.publicgoods.network/
Add PGN to your wallet
🔗https://pgn-docs.vercel.app/getting-started/rpc-endpoints
PGN testnet $PGNETH faucet
🔗https://pgn-docs.vercel.app/getting-started/faucet
Worldcoin👁️
"Worldcoin is building the world’s largest identity and financial network as a public utility, giving ownership to everyone."
🔗https://worldcoin.org/
Worldcoin👁️ continued...
• Founded by Sam Altman (CEO of OpenAI ~ChatGPT)
• Worldcoin funding: $125 million
• Worldcoin backers: Coinbase Ventures, a16z, and more
• $WLD token is live
• Worldcoin is live on Optimism Mainnet
Worldcoin👁️ Resources
⚠️Consider reading before proceeding with Worldcoin strategy⚠️
Worldcoin Privacy Notice
🔗https://vault.pactsafe.io/s/8a18d792-fd76-44db-9b92-b0bb7981c248/legal.html#contract-s1ytru6kk
Worldcoin Biometric Data Consent Form
🔗https://vault.pactsafe.io/s/8a18d792-fd76-44db-9b92-b0bb7981c248/legal.html#contract-syn0uxpen
⚠️Consider reading before proceeding with Worldcoin strategy⚠️
Worldcoin👁️ Strategy 🪂
Download the World App
🔗https://worldcoin.org/download-app
Get a World ID
🔗https://worldcoin.org/world-id
Become a Worldcoin Operator
🔗https://worldcoin.org/be-a-worldcoin-operator
The OP Stack 🔴🔵🟡⚪🟢👁️ is not alone.
Arbitrum Orbit, zkSync Hyperchains, StarkNet Stack, and the Polygon Stack are also building. 👀🪂
"The Layer-2 Evolution: Superchains, L3s, and More"
https://research.binance.com/en/analysis/the-layer-2-evolution-superchains-l3s-and-more
⚡️ Join Telegram Alerts for alpha notifications: https://t.me/OlimpioAlpha
- Big day today for Apple
- 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 👀
⚡️
- How to go to conferences as an introvert
#bytes
- White Rabbit
- Web3 users, how do we feel about emails? There isn’t yet email equivalent in web3 to distribute updates yet everyone has an email. Is it fine to use an email to share progress or reminders? Whats the Lens sentiment here
- ▓▓▓▓░░ 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
- Collab Land is launching $COLLAB tomorrow 🪂
In case you missed it: who is getting the airdrop? Claiming will start tomorrow in Optimism.
Details on Collab_Land_ eligibility criteria and how to claim 👇
1/5
What is Collab Land?
• A tool to token-gate discord/telegram
• Their solution is used by projects (i.e. Axie Infinity) to identify & reward token holders. For example, unlocking special channels
Recently, they announced $COLLAB - the Collab Land token.
2/5
Token details?
• 50% - DAO Treasury
• 25% - Partners / Investors
• 25% - Retroactive Distribution
Utility:
• Voting in Collab Land DAO (launched on Optimism)
• Ecosystem usage (i.e. in the marketplace, announced in Feb 2023)
3/5
Airdrop Eligibility
• Verified Community Members (DC and TG) → This is the easiest way to qualify
• Top 100 Discord communities based on membership, longevity, and activity
• Collab Land Patron NFT holders (token numbers 1-142)
• Collab Land Membership NFT holders
4/5
Airdrop Snapshot
For community members and discord communities, snapshot was taken on Feb 14.
For NFT holders, no snapshot was taken, anyone who holds the any of the eligibile NFTs will be able to claim. I would not buy any of these anyway.
5/5
Airdrop claiming
• Claiming starts TOMORROW (23 Feb 2023)
• The official claim page is this: wagmi.collab.land (get it directly from Collab_Land_'s official twitter, careful with scams ⚠️)
• 1 month to claim, until 23 March 2023
Stay tuned tomorrow!
⚡️
- Collab Land is launching $COLLAB tomorrow 🪂
In case you missed it: who is getting the airdrop? Claiming will start tomorrow in Optimism.
Details on Collab_Land_ eligibility criteria and how to claim 👇
1/5
What is Collab Land?
• A tool to token-gate discord/telegram
• Their solution is used by projects (i.e. Axie Infinity) to identify & reward token holders. For example, unlocking special channels
Recently, they announced $COLLAB - the Collab Land token.
2/5
Token details?
• 50% - DAO Treasury
• 25% - Partners / Investors
• 25% - Retroactive Distribution
Utility:
• Voting in Collab Land DAO (launched on Optimism)
• Ecosystem usage (i.e. in the marketplace, announced in Feb 2023)
3/5
Airdrop Eligibility
• Verified Community Members (DC and TG) → This is the easiest way to qualify
• Top 100 Discord communities based on membership, longevity, and activity
• Collab Land Patron NFT holders (token numbers 1-142)
• Collab Land Membership NFT holders
4/5
Airdrop Snapshot
For community members and discord communities, snapshot was taken on Feb 14.
For NFT holders, no snapshot was taken, anyone who holds the any of the eligibile NFTs will be able to claim. I would not buy any of these anyway.
5/5
Airdrop claiming
• Claiming starts TOMORROW (23 Feb 2023)
• The official claim page is this: wagmi.collab.land (get it directly from Collab_Land_'s official twitter, careful with scams ⚠️)
• 1 month to claim, until 23 March 2023
Stay tuned tomorrow!
⚡️
- Please collect this post to allow me to get NFT, I will do the same to you. #yasai
https://land.philand.xyz/dominikmika.eth
- Yasai means vegetable in Japanese #Yasai
- **How to get $VELA Airdrop ⚡️**
@vela_exchange is a perpetual DEX on beta.
They confirmed an airdrop to beta testers. 🪂
Here's how to position yourself for potential rewards 🧵
1/6
What is @vela_exchange?
• A self-custody perp exchange
• Launched in Mainnet this week ✅
• Raised 2.1M from various rounds
• Previously called Dexpools ($DXP). It rebranded as Vela
2/6
Features
• Forex: up to 100x leverage
• Crypto: up to 30x leverage
• Incentives for LP/traders
Product-market fit?
After the FTX collapse and a decline in trust in centralized institutions, decentralized perps have a chance to break through
3/6
What about their $VELA token?
• VELA is already trading https://dexscreener.com/arbitrum/0x4c0a68dd92449fc06c1a651e9eb1dffb61d64e18
• Airdrop was also confirmed to beta testers
4/6
Beta Timeline
• January 31st: Early Access Round 1 (for OGs)
• February 3rd / 7th: Early Access rounds 2 and 3
• February 9th for open beta access ✅ (open to everyone)
• February 14th for the end of Hyper VLP
5/6
How to potentially get $VELA 🪂
Beta participants have a good chance to get a $VELA airdrop. Although it is probably diluted, it might still be worth it.
Vela NFTs
They gave their 2nd NFT collection to attendants of their last AMA. There is a third NFT coming somewhere
6/6
What to do now?
Sign-ups are closed at the moment, but they will open soon, on Feb 9.
I'd stay alert to 🔗 app.vela.exchange and to their discord for when they announce. Keep tabs!
Full announcement: 🔗 https://medium.com/@vela_exchange/vela-exchange-monthly-update-january-2023-7485faa63109
⚡️
- Rage Trade token confirmed! ⚡️
Around a week ago, Rage Trade confirmed that it will eventually launch a token.
Airdrop Strategy 🪂🧵
1/6
What is Rage Trade?
@rage_trade is an omnichain ETH Perpetual Swap.
You can long/short ETH or enter vaults.
• Backed by @Tetranode, 3AC, and Anthony Pompliano
• Status: live on mainnet, token confirmed
More here 👇
https://twitter.com/OlimpioCrypto/status/1580543941186711552
2/6
Characteristics
• USDC stablecoin farm with risk-on / risk-off modes
• Recycling money-makers LPs, so they can earn extra yield
(the liquidity from MM is used in the background of ETH perps)
🔗 Full docs: docs.rage.trade/
3/6
Last month, Rage launched new Vaults.
Delta Neutral GLP Vault (DN-GLP Vault) gives LPs a real-yield source, generated from GMX trading fees.
(It was only accessible for OG discord members & those who were fast)
4/6
6 days ago, they posted this tweet
We have confirmation that Rage Trade will have a token. It usually is a good strategy to reward early and past users.
No airdrop talk so far, but could be a good idea to interact with their smart contracts
https://twitter.com/rage_trade/status/1611309082224332806
5/6
If we want to position ourselves for it, we need to use the protocol.
Strategy?
• Deposit USDC in vaults
• Long/short ETH
• Deposit into the 80-20 pool (USDC-ETH-WETH)
Start here: 🔗 app.rage.trade
Vaults info: 🔗 docs.rage.trade/4TdI-overview
6/6
🚨 Important
There are risks associated with trading perps (long/shorts are risky) and also with entering the vaults. Please DYOR carefully!
TVL: 13,000,000
DefiLlama page: 🔗 https://defillama.com/protocol/rage-trade
⚡️
- # 1.22.0 - 16th November 2022
Big release today, you can now gate your publications with access criteria. Remember your publications itself is an NFT so you can gate a publication so only people who collect can see it, same with your follow graph. Very excited in what you guys build with this.
Alongside this we have also exposed an endpoint to allow you to upload videos and audios, as we have seen uploading those via IPFS and serving them can cause them to buffer and be slow. Our API endpoint will upload it and transcode it serving that file to all people who call the API. Behind the scenes it will be pinning it to IPFS so on-chain state is still decentralized.
- feat: profile interests
- feat: gated publications powered by LIT - https://docs.lens.xyz/docs/gated
- feat: add 3 new providers to gasless
- feat: if no default profile picked select the first created one to expose more profiles
- feat: ability to upload audio and videos via the API and it be pinned for you on ipfs but the transcoded version will be served for better audio and video experience - https://docs.lens.xyz/docs/media
- We're ready to grow, all we need is you! Collect this beautiful piece for future access to everything @PowerPlantInd is working on 👀 ⚡
- You Meme
Thank you so much to @youmemeworld.lens for sponsoring this video and supporting my work. Check out their profile and tell them I said hi. Is this the first sponsored post on Lens? 🤔
#sponsored #music #sponsor #youmeme #rnb #vibes #bytes
- Henry Goal vs Brazil #Lenstube
https://lenstube.xyz/watch/0xf247-0x36
- Wow, lenster develops perfectly o.O It's the future of social media
- Bridges Airdrop Strategy 🪂
4birds1stone: 4 no-token bridges to try right now!
Like DEXes, bridges airdrops are quite straightforward.
Today's birds: Via Protocol, Li Fi Protocol, Bungee Exchange, ChainHop DEX
🧵👇
1/4
Via Protocol - bridge connecting 25 networks
• Dragonfly backed
• Status: no token yet
• Strategy: use the bridge & refuel tool
💡 Tip: GR13 & GR14 donors get a rank on discord
💡 Tip #2: Via is on Optimism's official website
🔗 http://router.via.exchange
2/4
Li FI - Bridge + DEX aggregator solution
• Running their own bridge
• Backed by Coinbase, no token yet
• Strategy: use the bridge & swap features
💡 Tip: When there is an event, submit wallet on dc
💡 Tip #2: Participate in dc quizzes
🔗 http://transferto.xyz/swap
3/4
Bungee Exchange - a crypto bridge powered by Socket
• Still in BETA
• No token yet
• Strategy: use the bridge & refuel features
💡 Tip: The "Refuel" feature lets you swap/bridge gas fees, extremely useful
🔗 http://bungee.exchange
4/4
ChainHop DEX
• A bridge connecting 6 EVM networks
• No token yet
• Strategy: move your funds across DeFi chains
💡 Tip: ChainHop launched a Galxy campaign: http://galxe.com/ChainHop
🔗 http://app.chainhop.exchange
For more alpha, olimpio here → https://lenster.xyz/u/olimpio.lens
⚡️
- Congratulations to the entire Ethereum community on this monumental achievement. Remember this historic day forever by collecting this special ghost on Lens
- $SUDO AIRDROP CONFIRMED 🐙🪂
20 minutes ago, @sudoswap published a new $SUDO article
A post on tokenomics and eligibility criteria 💬
Initial supply: 60,000,000 $SUDO
• XMON holders: 25.12M, 41.9% coingecko.com/en/coins/xmon
• 0xmons NFT holders: 0.9M, 1.5% opensea.io/collection/0xmons-xyz
• Retroactive LP airdrop: 0.9M, 1.5%
• Treasury: 15.08M, 25.1%
• SudoRandom Labs: 9M, 15%, vested over 3 years with a 1 year cliff
• Initial team members: 9M, 15%, vested over 3 years with a 1 year cliff
I. XMON HOLDERS
Will need to lock their XMON for 3 months - a period where it will not be sellable.
After the 3-month lock, it'll be freely tradable.
1 month to lock when they announce (not yet)
SUDO distributed pro-rata to the XMON locked. 10,000 SUDO per 1 XMON locked.
II. 0xmons HOLDERS
Don't need to do anything additional.
III. sudoAMM LP AIRDROP
A retroactive airdrop to sudoAMM liquidity providers (TRADE pools only) where 1.5% of the initial supply will be distributed.
Applicable retroactively before their post (block: 15455555)
IV. TREASURY
Governance will be able to mint more SUDO to the treasury, if needed, up to a max inflation cap of 10% a year.
V. TEAM MEMBERS
15% of the initial supply, vested over 3 years with a 1 year cliff
VI. SudoRandom Labs
SudoRandom Labs is currently the primary contributor to the sudoAMM protocol.
It will be allocated 15% of the initial supply, vested over 3 years with a 1 year cliff.
If you followed my Kraken strategy, you got it: twitter.com/OlimpioCrypto/status/1557094958150176780
Will update as there's more news
⚡️
- Test post
- $ZER
5 days ago, @zerion published a new post: "Another Step Towards Decentralized Future"
In DeFi, usually decentralization > governance > community-owned tokens
What we know about $ZER so far, and how to maximize airdrop chances with on-chain interactions 🪂
A publication 💬
A reminder that this is all speculation, and nothing is confirmed unless I directly quote an official source / screenshot / tweet.
Zerion has been hinting a decentralized future for some time.
Recently they introduced a 0.5% fee for swaps made using Zerion Swap
So far, Zerion Treasury has amassed 125,000 USD swap fees. They sit on their multisigs:
https://app.zerion.io/0x7d20ab6d8af50d87a5e8def46e48f4d7dc2ea5c7/overview
https://app.zerion.io/0x4a183b7ed67b9e14b3f45abfb2cf44ed22c29e54/overview
Today, they activated swap fees for Ethereum too - and that's their main source of volume. We should see treasury value significantly raise
Remember Zerion Genesis NFTs?
These ones: https://opensea.io/collection/zerion-genesis-collection
• Common Zerion Genesis Card gives you zero swap fees until March 26, 2023
• Rare Zerion Genesis Card gives you zero swap fees forever.
Usually, airdrop snapshots are based on on-chain activity.
What on-chain interactions can you have with Zerion?
Let's revisit:
1. Zerion Swap
https://app.zerion.io/swap
Things to consider: swap volume, swap amount of transactions, swap regaularity
2. Zerion Bridge
https://app.zerion.io/bridge
I believe they do not own smart contracts here, so no snapshot is possible, but they might turn on fees in the future, worth monitoring
3. Zerion Wallet
Besides portfolio and address watching, they recently launched their own wallet app, so you can generate seeds and interact directly in there
(only) Zerion wallets can mint "Zerion DNA": https://zerion.io/blog/zerion-dna/
Download it here: zerion.io
4. Zerion Genesis Collection (NFT)
Over 50,000 NFTs were minted last year. There are 9 NFT types, and as I said before, their first perk is zero trading fees.
Collection: opensea.io/collection/zerion-genesis-collection
I wouldn't just go in and buy them, DYOR
I still think there's a long way to go before Zerion is fully decentralized (or even launches a token or makes an airdrop), but so far we have a DEX aggregator, a few NFTs, and multisignatures with more than 150,000 USD in the Treasury.
It will come eventually ⚡️
Preparing for a decentralized future (17 Mar, 2022): https://zerion.io/blog/preparing-for-a-decentralized-future-at-zerion/
Another Step Towards Decentralized Future (22 Aug, 2022): https://zerion.io/blog/another-step-towards-decentralized-future-genesis-cards/