HolmesNFTs (@holmesnfts) • Hey
technology lover who has been dealing with cryptocurrencies for years
Publications
- I just voted "Yes" on "Velodrome Strategy Update" https://snapshot.org/#/stgdao.eth/proposal/0x6b703b90d3cd1f82f7c176fc2e566a2bb79e8eb6618a568b52a4f29cb2f8d57b #snapshotlabs
- I just voted "Yes" on "Make Velodrome the STG Hub on Optimism" https://snapshot.org/#/stgdao.eth/proposal/0xf980d6deed62c3d77dd055963724b9d07ea0f383a2142703e5581c8e751b06ad #snapshotlabs
- I just voted "Yes ser 🙌" on "Do you like the Snapshot integration with Lenster?" https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718 #snapshotlabs
- 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
- Gold badge 🥇 24.99 WMATIC
Includes:
- shiny gold verification badge on your Lensta profile
- discord access + dedicated gold channel
- supporting Lensta development
- premium feature access before everyone else
- limited premium features
- coffee with founders ( if in Berlin or overlapping conference )
- 🎉🔥 Lenster's Unstoppable 30-Day Growth Spree! 🔥🎉
Hey there, #LensterFam! We're over the moon to share the jaw-dropping achievements our fantastic community has reached in just the past 30 days! 🚀
🌐 **4.5 million pageviews** - Thanks to your passion and commitment, Lenster has become a go-to destination for so many people! Let's keep the ball rolling! 💪
👥 Our active user base has soared with **20k daily active users**, **71k weekly active users**, and **210k monthly active users** - We couldn't be more grateful for each one of you who make this community so lively and engaging! 🥳
📝 You've been on fire, producing **445k new posts**, **294k comments**, and supporting one another with **1.40m likes**! Your creativity and positivity are nothing short of incredible! 🌟
🪞 And that's not all! We have **880k mirrors** reflecting our diverse content and the best of Lenster, **700k collects** to save and share your favorite content, and a whopping **1.7m profile follows**, highlighting our strong connections! 🤩
Thank you for your unwavering support and for being part of our amazing #LensterFam! Let's continue to grow and flourish together! 💙🌟
Support Lenster by collecting this Post 🙇
- Ronnie uses Collateral Swaps.
Available across all V3 markets on app.aave.com. Powered by ParaSwap.
- 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
- 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
- #BTC is testing investors' patience again 😅
- gm everyone
- You're beautiful the way you are! ✨
So are the 25 Hacker Smurf NFTs 🍄💙
Get yours during the auction on March 28, Each NFT is unique with different colors, backgrounds, and rarity ❤️🤎💚💜
Which is your favorite❓
Tell us in the comments!
https://thesmurfssociety.gitbook.io/the-smurfs-society/general-information/collection-sale-and-reveal/1.-hacker-smurf-inaugural-sale
- What an experience to meet all the builders at Stanford and San Francisco last week!
- Find us at ETH Denver
- This is Lenny
- Head to our booth at Eth Denver📍regenlandia, claim a POAP, and leave with more Lens knowledge and rare swag 🔥
- After Coinbase users reported that they could not log into the mobile application, Coinbase:
“We are aware that some customers are having trouble logging into Coinbase.com and the Coinbase mobile app. Our teams are working to resolve this issue as soon as possible. Funds stay safe. We will get back to you as soon as we get an update.
Our teams have identified the root cause and are working on a fix. Thank you for your patience."
- According to ⚡CME data, the Fed will increase interest rates by 25bps in February with a 93.2% probability.
- 🚨1 BTC: 19.000 dolar
- Developers on the Polygon PoS blockchain have proposed a hard fork update to address increases in transaction fees and improve security. The upgrade proposed by Polygon Labs developers is scheduled for January 17th.
Source
- The #Gemini co-founder made a statement about the SEC's lawsuit against Gemini and #Genesis:
“The SEC chose to report the case to the media before reporting it to us. Instead of helping 340,000 "Earn" users and other creditors, it's a case of politicizing it."
- The FTX exchange spent $7 million on food and $15 million on luxury Bahama hotels in 9 months. (Court Files)
- Serbia 🇷🇸 Prince Philip reported that Serbia is working on the issue of buying Bitcoin.
- Immunefi security researcher announced that he has found a software vulnerability that could cause $200 million in losses from three Polkadot chains, Moonbeam, Astar Network and Acala.
- According to Arcane Research data, Binance Exchange accounted for 92% of the #Bitcoin spot trading volume in 2022.
- 💭 #Mastercard announced that it will launch a program for music artists built on the #Polygon blockchain.
- The US is examining the deals of American hedge funds with Binance as part of a long-running investigation into Binance's possible money laundering violations. (The Washington Post) CoinBulletin
- Tesla CEO Elon Musk lost $13 billion in the first week of 2023.
- The US government has launched an investigation into crypto giant DCG, the parent company of CoinDesk, Grayscale and Genesis.
- #Thai Securities Commission established #cryptocurrency academy to educate investors on digital assets
- #FLR token distribution will begin on January 9, 23:59 UTC.
Simultaneous listings will come on many exchanges.
https://twitter.com/flarenetworks/status/1610652400049594370?s=21&t=8XEjy0TyXLzGHdUTLp841A
- Officials from the U.S. Department of Justice, Eastern District of New York, and SEC began investigating money transfers between DCG and its subsidiary, Genesis. -Bloomberg
- 1inch trading launched the Fusion upgrade to increase security and profitability.
• DeFi users will be able to order at a predetermined price and timeframe without paying network fees.
- 🧐 DollarGeek Raporu'na göre 2022'de Google'da en fazla aranan 10 kripto para:
• Bitcoin
• Dogecoin
• Shiba Inu
• Ethereum
• Avalanche
• Litecoin
• Cardano
• Ripple
• Safemoon
• Nexus
- 🚨Important Developments:
⚡️US Stock Exchanges will be closed for Christmas on Monday, December 26th.
⚠️On Monday, December 26, at 12:00, Binance will delist futures GALA, ZIL and VET.
⚠️On Tuesday, December 27 at 06:00, Binance exchange will delist ANC/BNB, ANC/BTC, ANC/USDT, MIR/BTC, MIR/USDT, TORN/BTC, TORN/USDT, YFII/BTC trading pairs.
- 🔺Defrost Finance platform in the Avalanche ecosystem was hacked for 12 million dollars. Platform officials warned users not to use the platform until the problem is fixed.
- 📢 KuCoin exchange delists 23 Altcoins at 13:00 TSI on Wednesday, December 28th.
Altcoins to be delisted;
1. Augur (REP)
2. Bancor (BNT)
3. BakeryToken (BAKE)
4. Ooki (OOKI)
5. Shiden Network (SDN)
6. Xensor (XSR)
7. Power Ledger (POWR)
8. MetaHash (MHC)
9. IDEX
10. Keep3rV1 (KP3R)
11. StormX (STMX)
12. Mobox (MBOX)
13. Aion (AION)
14. Spell Token (SPELL)
15. NFTB (NFTB)
16. RIF Token (RIF)
17. Binamon (BMON)
18. Fractal (FCL)
19. HORD Token (HORD)
20. Status (SNT)
21. Alpaca Finance (ALPACA)
22. Wrapped NCG (WNCG)
23. Bitcoin Diamond (BCD)
[ST: KuCoin Delisting of Some Projects| KuCoin](https://www.kucoin.com/tr/news/tr-tr-en-st-kucoin-delisting-of-some-projects-20221223)
Dear KuCoin Users， According to the Special Treatment Rules of KuCoin, the following projects have been disqualified, and the token will be removed from the pla
- US Personal Consumption Expenditures (PCE) announced.
(Monthly) Actual:0.1% Expected:0.2% Previous:02%
- 🔥 OKX crypto exchange shared its 2nd Proof of Reserve Report\n\nThe reserve distribution is as follows:\n\n• BTC: 101%\n• ETH: 103%\n• USDT: 101%
- ✅Cardano whales have been accumulating steadily since June. Since the #FTX bankruptcy in early November, they've taken bottom buying to a new level.
Addresses holding between 10 and 100,000 ADA (sharks) have added $83 million worth of ADA since Nov.
- #BTC 16500 Touched and 16900 Touched
if there will be a rise, 17500-18300 will be broken and closed above it.
if it falls, 16500-15700 will be broken
Currently, support is getting stronger despite all kinds of FUDA.
- United States of America
#US Securities and Exchange Commission (SEC):
Investors should be wary of some of the claims made by #cryptocurrency companies. It should not be relied upon too much for a company to say that it has received proof of reserve from an audit firm.
- 🗣 SEC Chairman: "Crypto pressure by the SEC is just beginning. Crypto companies must do more to separate client funds."
🗣 SEC Chairman: “Reports of cryptographic (on-chain) proof of reserve are insufficient.”
- SBF was released from the courthouse after paying $250 million bail.
- 🗞️ $FTT has seen a rise of close to 40 percent after the recent developments (release of SBF). -
- Forbes'in haberine göre SBF için diğer detaylar; kendisine elektronik bir izleme bileziği takılması, akıl sağlığı danışmanlığına başvurması ve dava süresinde Kaliforniya’nın Kuzey Bölgesi ile sınırlandırılmış bir yaşam alanında kalması gerekiyor.
- Sam Bankman-Fried will be placed under house arrest, ordered to surrender the passport.
- 🗞️Prosecutors asked for $250 million bail for SBF, if SBF can pay, he is released.
- 🇧🇷Brazil President Jair Bolsonaro has signed a bill regulating the crypto industry in the South American country.
- US 4th Quarter Gross Domestic Product (GDP) Announced.
• Disclosed: 3.2%
• Expectation: 2.9%
• Previous: 2.9%