Emmzjr (@emmzjr10000) • Hey
bio
Publications
- 📚Token - There are many types of tokens. This is the T in NFTS. So you may hear people refer to their Art / NFTS as Tokens. The three most common types of tokens are ERC1155, ERC721, and ERC20's. Tokens are what you transact with. So ETH is also a token. tokens can be fungible
- 📚Web Two - A term coined in 1999 to mark a new stage of the internet,(the one u are used to now). This marked a shift from static, owned webpages to a more dynamic experience. Web2 is a participatory experience, making it simple for users to create their own content.
- Web Three - A new internet that is decentralized and uses blockchain technology. In this model, there is a focus on tokenized incentives for participation, Individuals own their content, and information is distributed and stored throughout the entire network
- TRANSPARENCY ON THE BLOCKCHAIN:
One of the best things about the blockchain is that every transaction that is made is available on a public ledger. This means every action that you make from your wallet will exist for anyone to see.
While there may be context missing from transactions, you will always be able to track the time a transaction took place, what wallets were involved, and what amount of currency was involved.
- ESSENTIAL CONCEPTS AND TOOLS TO UNDERSTAND THE BLOCKCHAIN ⚙️🔨
*Decentralization* is a large buzzword, but also the main principal that defines web3. Decentralization means there is not one main authority or figure of power.
Decentralization is a spectrum and to some more important than
others. While this may be a bit dense on day one, I highly recommend anyone to read the Bitcoin Whitepaper. With great power comes great responsibility, and the more decentralized something is, the more responsibility you have to take.
- Let's talk NFTs
NFT stands for NON Fungible token. In the most simple terms, NFTS are unique digital assets that are traded & stored on the blockchain. ANYTHING YOU CAN digitize, you can tokenize. NFTS are unique, and tradable through the blockchain.
- Nuvo Unveils Nuscription: Revolutionizing Blockchain Trading
Nuscription swiftly emerged as a game-changer, bridging ERC20 and inscription tokens to facilitate seamless trading. This innovative platform transcends the conventional limits of smart contracts, offering unprecedented interoperability and flexibility in the blockchain domain.
Revolutionary Trading Mechanism: Drawing inspiration from the successful DYDX model, Nuscription's order book system represents a significant leap in blockchain trading. It provides a dynamic and efficient environment for market operations.
The debut of $NUVOGENESIS inscriptions garnered immense interest, leading to temporary indexer congestion. Nuvo deeply appreciates the community's patience and support during this period. The high volume of minting transactions reflects the platform's widespread appeal and demand.
Nuvo is committed to a fair and equitable minting process, underpinned by a meticulously crafted smart contract. The team prioritized the community's access, upholding the integrity and transparency of the process.
- UMA Price Jumps 80% In A Day With $ 3 Million Shorts Liquidated, Here’s Why
The upcoming Oval launch next week could be a reason behind the UMA price rally. analysts are expecting 100-200% gains further
witnessed a strong rally gaining over 80% in the last 12 hours. At press time, UMA is trading at $ 3.79 with a market cap of $ 283.5 million.
UMA Price Leads to $ 3 Million Short Liquidations
As per data from Coinglass, the sudden UMA price rally has led to $ 3 million in short 2000% to $ 284 million.
Universal Market Access is a prominent entity in the blockchain sector, specializing in oracle solutions. It positions itself as a decentralized truth network dedicated to recording and validating data on the blockchain.
DeFi Llama ranks UMA as the 9th largest Oracle network globally, trailing behind major players such as Chainlink, Chronicle, WINKLink, Pyth, and Binance Oracle.
One of the major reasons behind the UMA price rally is strong network growth. As per Dune Analytics, both UMA and oSnaps have experienced a surge in their Total Value Secured (TVS), reaching an all-time high of over $ 774 million.
This increase in TVS coincided with a growing number of companies joining the UMA network. Index Coop, a firm specializing in decentralized structured products, recently joined the network, marking its presence. B Protocol, a DeFi economic mitigation hub, is another recent addition to the UMA network.
- Arbitrum Announces Orbit Expansion Program to Transform Ethereum-Based Chains
- Ethereum Drops Below $ 2,500
What’s Next?
- Solana DEX Aggregator Jupiter Sets Date for Highly Anticipated Airdrop
Solana-based DeFi aggregator Jupiter is set to make waves in the cryptocurrency space with its upcoming token airdrop and meme coin launch.
In addition to the airdrop, Jupiter will also launch a meme coin next week. The meme coin is not developed by Jupiter and will not be called MEOW, but Jupiter is using the launch as a "testing ground for our new launch platform."
The meme coin launch is a unique initiative that will provide a testing ground for Jupiter's new launch platform. It is also a way for Jupiter to engage with the broader cryptocurrency community and attract new users to its platform.
Recent airdrops from protocol have caught the attention of the crypto community, with notable ones from the likes of Jito, Celestia and Manta Network.
- *ALPHA*🔥
*Ending on tomorrow. Lowkey farmed testnet*
*✅How to do the Avantis testnet*
*❶Log In* https://avantisfi.com/referral?code=wittyman
It turns into a testnet
❷Faucet
(Step1 and Step2)
|
❸Click Trade
❹Click on ETH-USD
→ Change to BTC-USD
❺ Collateral Max
❻Leverage 50x
❼ Trade
❽ Close Position
(From Current Position at the bottom)
|
❾Click BTC-USD
➓ Choose Forex
11: Select USD, etc.
12: Set Order type to Limit
13: Close Position
(From Current Position at the bottom)
|
Claim galxe oat:https://galxe.com/avantis/campaign/GCfUctUu1e
1) A , 2) C, 3) A, 4) C
⚡Perps $AVTS raised $ 4 million
⚡VC is Pantera/Base/Modular, etc.✋
https://avantisfi.com/referral?code=wittyman
- *ALPHA*🔥
*Ending on tomorrow. Lowkey farmed testnet*
*✅How to do the Avantis testnet*
*❶Log In* https://avantisfi.com/referral?code=wittyman
It turns into a testnet
❷Faucet
(Step1 and Step2)
|
❸Click Trade
❹Click on ETH-USD
→ Change to BTC-USD
❺ Collateral Max
❻Leverage 50x
❼ Trade
❽ Close Position
(From Current Position at the bottom)
|
❾Click BTC-USD
➓ Choose Forex
11: Select USD, etc.
12: Set Order type to Limit
13: Close Position
(From Current Position at the bottom)
|
Claim galxe oat:https://galxe.com/avantis/campaign/GCfUctUu1e
1) A , 2) C, 3) A, 4) C
⚡Perps $AVTS raised $ 4 million
⚡VC is Pantera/Base/Modular, etc.✋
https://avantisfi.com/referral?code=wittyman
- BITCOIN ETFS HAVE BEEN APPROVED
- Mute is a DeFi liquidity hub on zkSync including an AMM DEX, farming and bond platforms to incentivize liquidity and reduce gas fee
Mute Switch Features
The Mute Switch offers a range of features, including:
AMM-based DEX with limit orders
Stable and normal AMM curve pools
Variable LP fees
Fixed and dynamic protocol fees
0% LP minting fee
Fast settlements (1-3s)
Significant gas cost savings (95%+ compared to L1 ETH)
Benefits of Building on zkSync
Mute is built on zkSync Era, which offers several advantages:
Enhanced security through Ethereum's layer 1
Lower gas fees, enabling more cost-effective transactions
Faster transaction settlements
Scalability, allowing for a greater number of transactions
- Cosmos' ecosystem of interconnected Blockchains aims to solve scalability and communication in the web 3 space
Tendermint is its consensus mechanism for its network of sovereign chains that are interconnected with IBC, or interblockchain communication.
- DELIGHT YOURSELF IN THE LORD, IN ALL YOUR WAY, ACKNOWLEDGE HIM.
- HAPPY NEW YEAR GUYS