My Life (@happynesss) • Hey
The world is big and beautiful. Crypto is my main way to be able to see it. Rich in life, not in money.
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Publications
- Scroll NFT is Live
If you followed my guide from 1 month ago and deployed a smart contract in Scroll, the "Origins NFT" is now available to be minted.
Here's the link to mint: https://scroll.io/developer-nft/mint
Below a Scroll, Taiko, and Kakarot thread from August👇
https://twitter.com/OlimpioCrypto/status/1696529527965691940
https://scroll.io/developer-nft/mint
- Check out your new randomized NFT for your Lens Profile
- AlphaPacked Round-Up: Last 24hs in Crypto
1. ⚡ Infura unveils partners that will power its Decentralized Infrastructure Network.
2. 🥊 ENS Founder criticizes Unstoppable Domains.
3. 🔒 Solana Labs refutes CertiK's claims regarding Solona Phone vulnerability.
4. 🪂 Pyth Network announces date for retrospective airdrop claim.
5. ⚖️ US SEC requests federal judge force Elon Musk to testify.
Read time: ⏰ 8 minutes
🔗 Read the full newsletter edition with links to each article: https://alphapacked.io/infura-microsoft-partnership/
Subscribe to daily Alpha newsletter emails: https://alphapacked.io
https://alphapacked.io/infura-microsoft-partnership/
- The best loyalty program design is to build a product that people love to use and recommend. Simple.
- Well....... HEY :)
- GM
- GM
- You may be used to just using one or two, but there are dozens of amazing apps on Lens all with their own unique experiences, design, and focus.
You can see them here: https://www.lens.xyz/apps
Questions:
What is the most underrated Lens app?
What is your favorite Lens app?
What type of app would you like to see built on Lens?
- GM
- GM
- What it’s like seeing Momoka in action
- gm fam ☕️
gonna follow everyone who likes this post 🫶
- What did you collect recently?
- **ZkSync Ultimate Airdrop Checklist**
Here is the step-by-step guide for engaging with + 30 top projects building on @zksync in partnership with @UnboxBlock / Secure Multiple #Airdrop
https://youtu.be/vxrthzhaiNc
- ARB distribution model was designed by Nansen 🔵 🦅
+2,300,000 addresses bridged to Arbitrum before the snapshot.
Online 625,143 were eligible for ARB. Only around 30%!
What can we learn from their report?
5 key take-aways so you don't get excluded from airdrops ⚡
1/5
Eligibility Criteria:
- Conducted transactions: number, value, and time thresholds
- Arbitrum Nova: bridging & conducted transactions
- Dapps and Governance activity
- Liquidity providing
💡 Take-away: the more different activities, the better. Be active!
2/5
USD Value. I know this is a given, but it's important to stress out.
• The majority of wallets transact on small USD amounts
• The majority of wallets got small airdrops (USD value terms)
💡 Take-away: more volume = bigger airdrop. But you didn't need to be a whale to get it!
3/5
The number of transactions
• The majority of the wallets made 1-2 transactions (1M+ wallets)
• Only 100k wallets made 50-100 transactions
Median = 3
Average = 28
💡 Take-away: more transactions = more valuable airdrop.
Become a recurring user.
4/5
Sybil wallets:
• The Arbitrum Foundation wanted to exclude sybil wallets from getting the $ARB airdrop
• Sybil wallets = wallets with similar/fake activity, with the pure intention of hunting for an airdrop
• 172k wallets excluded
💡 Take-away: be user, not a "hunter"
5/5
Negative criteria ⚠️
This is a new concept: some actions subtracted points, i.e. they hurt the user's individual points to get ARB.
These users got less ARB:
• All transactions in a 48h period
• Interacted with only 1 smart contract
• Low ETH balance in Snapshot day
There's a lot more data in their official report.
Read the full blog post here:
🔗 nansen.ai/research/an-on-chain-distribution-model-for-the-arbitrum-community
Join alpha discord: https://earndrop.io/discord
- $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
- Hope everyone is having a wonderful day! Still thinking about what I want my voice to be... hmmm.... until then, please follow and we can grow together.
- Anyone that follows, I will follow back. Let's grow together
- First Post... Hi Everyone
- **New ZK-rollup Testnet: Taiko ⏅**
3 days ago TaikoXYZ announced their Alpha Testnet.
Tutorial: INTERACT and run a NODE with Taiko Testnet and get a POAP!
🧵 How to position yourself for $TKO airdrop, if it happens:
1/6
What is Taiko?
It's a Type 1 (Ethereum-equivalent) ZK-EVM.
Another Layer 2 scaling solution for Ethereum, like zkSync and Starknet
• Founded by the former CEO of Loopring
• They claim they are "well funded". List not public yet
In-depth info: 🔗 https://taiko.xyz/docs/intro/faq
2/6
TOKEN CONFIRMED: Their token will be called $TKO
• Although the fees are paid in ETH, block proposers get revenue for burning $TKO and paying ETH to Ethereum L1 Validators
• Mechanim: TKO will be minted to reward proof verification by block provers
3/6
What's the current stage of the project?
3 days ago, Taiko announced their Alpha-1 Testnet, called "Snæfellsjökull". Deploying on mainnet in 2023!
We can interact with Alpha Testnet right now.
Strategy below 👇
4/6
TESTNET STRATEGY
STEP 1: Get faucets tokens
• l1faucet.a1.taiko.xyz
• l2faucet.a1.taiko.xyz
STEP 2: Bridge tokens from ETH-A1 & Taiko-A1
• bridge.a1.taiko.xyz
STEP 3: Deploy smart contract tutorial: https://youtu.be/wlSCIoI9Nho (shoutout to Kethic community member)
STEP 4: Run a node. Here is a tutorial below 👇
Links in the tutorial so you can copy-paste:
• https://git-scm.com/download/win
• https://docs.docker.com/desktop/install/windows-install/
• https://github.com/taikoxyz/simple-taiko-node.git
Here is the discord message directly (shoutout to Luuk community member): https://discord.com/channels/984015101017346058/997607633383067729/1058359118940885062
STEP 5: Don't forget to send tokens to your friends (regular transactions)
STEP 6: Submit any feedback here: https://github.com/orgs/taikoxyz/discussions/new?category=feedback&title=Testnet%20feedback%20form&body=%23+Friction+log%0D%0A-+TODO%0D%0A%0D%0A%23+Other+notes%0D%0A-+TODO%0D%0A
More details: 🔗 taiko.xyz/docs/alpha-1-testnet/start-here
5/6
💡 Alpha: you'll be able to claim a POAP (in February 2023) for completing a minimum of 2/3 tasks before Jan 31st, 23:59 UTC.
Tasks:
- Using the bridge (mentioned above)
- Send transactions between wallets
- Interact with contracts (or deploy one)
6/6
Will there be an airdrop? 🪂
There is no information about any airdrops or eligibility criteria yet. We should stay tuned for it if the decide to announce it.
In the mean time, doesn't hurt to interact and earn that POAP while we are still early!
⚡️