Fredrake ◱ ◱ (@fredrake) • Hey
A crypto enthusiast
Publications
- Nigeria through to the semis #AFCON
- Liverpool VS Chelsea
Carabao cup final
I will be there to witness football
Goodnight
- Lionel Messi has become the first footballer to win The Best FIFA Men's Player award three times. Messi, 36, was confirmed as the 2023 winner at The Best FIFA Football Awards ceremony in London on Monday
- Take part in this simple testnet now and get rewarded later
You can just get $ 1000-$ 2000 if you do this
🔥 DOP Testnet | be eligible for DOP token rewards after the token is launched in Q1 2024
🎉 For All Users
✔️ Claim Link: https://doptest.dop.org/id=TYyPiDv
🔹 Create Wallet
🔹 Complete 7 Simple Task
🔹 Submit Email & Click DONE
▶️ Faucet Link: https://sepoliafaucet.com/
🔥 Mentioned by Binance
🔥 Binance Blockchain Week Sponsor
(If Shows Wallet Address Already Used Then Turn On VPN & Complete Task)
Please watch this video 👇 👇 👇 👇
- Create a bags FM account now
With your mail and that’s all
Even solana co founder is on this now now
https://bags.fm/$exfredrake
- You might not be where you want to be but you are surely heading there day by day
GM GM❤️❤️
- Congratulations to Messi on winning the ballond’or for the 8th time 🔥
- The scope is chase knowledge and money will find you
Know this and you are ahead of 90% many people on earth
Good morning lens
- https://quantum.starknet-ecosystem.com/
Mint Starknet quantum NFT open for 24Hrs
Use argent or bravos wallet to do so
Mint is closed and will be reopened in few days time
https://quantum.starknet-ecosystem.com/
- @dollowen.lens @joonatan.lens
I think we should have a translation feature in the Phaver app
It will help better In interactions
- GN🍻
- **Gitcoin Grants 18** 🟢
9 days left 🚀 - https://lenster.xyz/gitcoin
- Everywhere red currently 💔
When green ??
- Switch between networks automatically
Browse the web3 with ease when switching to multiple chains with Zerion Extension.
zerion.io/extension
- Phaver thanks for the points ❤️❤️
- Did you touch grass this weekend? #SummerOfLens
- Things you should know about a non-custodian wallet
1- they all have the same address
2-you can import an EVM based wallet phrase on another EVM based wallet,e.g you can import your trust wallet phrase on your MetaMask wallet sounds cool yeah
3-MetaMask is most compatible EVM wallet with most blockchain/network
- Zerion has to be one of the best DEFI wallet
I love it so much ❤️
- Linea voyage finally ends
The week of task was really hectic man
I pray the mainnet launch goes smoothly
- Thank you for the warm welcome! Here’s a special gift for you:
**We’ve partnered with @lensprotocol for an exclusive ICE Poker skin airdrop!** You can wear this skin around Decentraland and equip it to play ICE Poker.
Each skin will also come with **3 free poker tournament entries** so you can play to win prizes like MacBooks, iPhones, Decentraland LAND, high-value NFT collections, and more.
To get your free skin, simply collect this post by Wednesday 7/5 and we’ll airdrop your Lens skin on Friday 7/7.
(Must follow to collect)
- Check out this campaign on Coinvise ✨ Claim it here →
https://coinvise.co/claim/a559f798-6241-4544-b47c-27789421ba67
- Today for apostle Joshua selman
A human who has helped my life alot with his preaching
Happy birthday daddy ❤️
- ZK/credo
What’s is coming in Zksync 🤷🏾♂️
- What are we buying today for profeeet?
- Built on @memester-xyz.lens
- I’m currently watching the laliga promotion playoff and I think Levante will be the clubs to be promoted
- I’m fully exhausted
To run a business is really tough
- What have I done that made lens restrict my lens profile 🥲
- What have I done that made lens restrict my lens profile 🥲
- ABOUT PIZZA DAY
**The guy who bought pizza with Bitcoin was a programmer and early miner named Laszlo Hanyecz**. Hanyecz made a post on a Bitcoin forum offering 10k Bitcoin for two large pizzas. Eventually someone took him up on his offer and delivered two Papa Johns pizzas. At the time, 10,000 Bitcoin was worth $41.
- less Than 310 days to Bitcoin halving
What are your plans
- Tottenham seems to be very fine bad currently
- All coins seems to be dumping hard but I expect a little pump from here
- Spurs conceded 4 goals under 20mins
What’s happening 😳
- Sign-in with Ethereum: a safer & more user-friendly way to access Web3
Zerion now supports Sign-in with Ethereum, providing users a better Web3 login experience in terms of:
1. Accessibility
More user-friendly to log in to Web3 and soon Web2
2. Human-readability
Finally, signature requests that you can understand
3. Security
Take control of your digital identity and connect with dapps safely
Go beyond with Zerion 🔮 https://link.zerion.io/Ejpa6xsy7yb
- Nice read
[Space Force Major's Bitcoin Prediction Overshadowed By TMS Network's (TMSN) Galactic Gains, Leaving Stacks (STX) & Fantom (FTM) Earthbound | UseTheBitcoin](https://usethebitcoin.com/space-force-majors-bitcoin-prediction-overshadowed-by-tms-networks-tmsn-galactic-gains-leaving-stacks-stx-fantom-ftm-earthbound/)
There’s a lot that crypto traders can take from both Stacks (STX) and Fantom (FTM). Unfortunately, both projects aren’t matching up to new cryptocurrencies
- Nft
- Do you think Chelsea football club will qualify ?
For me I don’t think so
- Aidoge giving off woof vibe
- Definite worth read
READ UP GUYS
[Elon Musk reaffirms AI's potential to destroy civilization](https://cointelegraph.com/news/elon-musk-reaffirms-ai-s-potential-to-destroy-civilization)
Musk highlighted the destructive potential of AI — just like any other technology — if it goes into the wrong hands or is being developed with ill intentions.
- Don’t skip this make sure you read through
In this post I’m going to be summarizing what could happen during the Shanghai upgrade that starts today
. Shanghai is a hard-forking upgrade to Ethereum that will complete the network's transition from proof-of-work (PoW) to proof-of-stake (PoS).
.Investors are worried the ability to withdraw staked ETH could have a negative impact on the price over the short term.
.Other technical improvements in the Shanghai upgrade are intended to improve the transactional aspects of ethereum.
- gm Lenster fam 🌸
We are excited to announce the launch of our new Snapshot voting feature. Now you can have your say on important community decisions by simply voting from Lenster.
If you paste any Snapshot URL, it will turn into an interactive widget where you can vote for a proposal. You can also use it with your Lens follower NFTs by configuring Snapshot strategies 🚀
Vote us below if you like this feature 😉 https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718
- Doge price dumps hard after elon musk changes back Twitter logo from dog to bird
Probably the a marketing strategy
- Yes, because Reddit gives power to user mods who keep their subreddits clean. But also does not pay them anything, Phaver will allow users to moderate and also reward them with tokens for a well done job.
- Thorchain halted because of the newly found vulnerability 👀
[THORChain mainnet halted amid new vulnerability reports](https://cointelegraph.com/news/thorchain-mainnet-halted-amid-new-vulnerability-reports)
Cross-chain decentralized exchange THORChain has halted trading amid “credible reports” on a potential vulnerability affecting its network.
- This space is so broad that you need 24hrs of your day to grind
- Today for $ARB
It God can do the impossible
- Arbitrum tokenomics
Total supply -10 billion
Circulating supply - 1.2billion
They airdropped 11% of the total supply to active participant of the Chain
By March 23rd the trading begins
- $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