OOOOF (@oooof) • Hey
So fresh, so green, so oooooooooooofff!
Publications
- I need to get more Lens and friend.tech invites to share with people
- 😊
- Gn, frens!💚
I'm happy to post this gal here! We have Lenny, and he's obviously a 'he' so I thought we need a 'she' lenster too - to represent the very important part of our community.🌿
Let's support onboarding and educating about Web3 more women🫶
Price for collection 1 WMATIC ☕️
I called her Lensy =)
- If you got the ARB airdrop, you can also get AIDOGE here -
https://arbdoge.ai?i=0x0014ea9BBE130c8af7f00C8E61Fc07368bDaAf7d
Chart going up nicely -
https://dexscreener.com/arbitrum/0x6a78e84fa0edad4d99eb90edc041cdbf85925961
I think this is the start of meme coin season. This could be the new coin that leads
- The World Snooker Championship is on . The best 2 weeks of the year!
- 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
- There's so much happening on Wednesday - ETH Shanghai upgrade, March inflation data, FOMC minutes. Going to be a volatile day
- Here is an easy airdrop strategy. -
Zeta Labs - https://labs.zetachain.com/leaderboard?code=X_GqFICHXxAIYyW4XzYt7
You just need to do 1 trade a week on testnet and you earn points.
You can invite other people, using links like the one above, to earn more points.
Nice and easy
- EPL relegation - I think Southampton, Nottingham Forest and Bournemouth will go down. Sorry
- Everyone go and update your dispatcher on lenster. We are load balancing the dispatcher out (10x increase in dispatchers), and if you upgrade to one of the new dispatcher, you most likely will see a considerable improvement in the speed of it being sent on-chain, on top of having less fight for queue space. It requires a signature but it’s worth it! 🚀🙌🏼
- My favourite thing about Easter weekend? There's even more football than usual = even more betting!
- SafeDAO have voted to redistribute 1/2 of unclaimed airdrop tokens to people who originally claimed. If you're one of the lucky ones, you've now got almost double your original airdrop.
I think there might be chance to get even more. The other 1/2 of the tokens will be distributed in other ways. Possibly to Safe users on L2s?
More info:
https://snapshot.org/#/safe.eth/proposal/0xb4765551b4814b592d02ce67de05527ac1d2b88a8c814c4346ecc0c947c9b941
- Holding funds on centralized exchanges seems so risky right now. Binance fud today. Maybe Coinbase is the safest one:
https://coinbase.com/join/CROWE_N88?src=referral-link
- I hope prices have another pump next week. Things seem to be slowing down
- Almost won another 8 match parlay on Overtime Markets.
- I don't like all this ARB fud. I've sold all my tokens until it blows over. Hopefully it won't last too long.
Would be nice to get a lower entry
- 0.1 Wmatic per Mirror (Only For Those who who follow me).
Follow : @885467
- Can't believe it's already been a year since the awesome open-source project #Lenster was born at the #LFGrow hackathon!
Thanks to the incredible contributions from our community, Lenster has amassed over 18k+ stars on GitHub and trended more than five times! We couldn't have done it without you.
Huge shoutout to everyone who's contributed to this community-driven initiative.
- SafeDAO have voted to redistribute 1/2 of unclaimed airdrop tokens to people who originally claimed. If you're one of the lucky ones, you've now got almost double your original airdrop.
I think there might be chance to get even more. The other 1/2 of the tokens will be distributed in other ways. Possibly to Safe users on L2s?
More info:
https://snapshot.org/#/safe.eth/proposal/0xb4765551b4814b592d02ce67de05527ac1d2b88a8c814c4346ecc0c947c9b941
- Holding funds on centralized exchanges seems so risky right now. Binance fud today. Maybe Coinbase is the safest one:
https://coinbase.com/join/CROWE_N88?src=referral-link
- Another easy airdrop activity - Zeta Chain
Just do a weekly swap on Goerli, BSC, or Polygon testnets. You earn points for weekly swaps.
You can earn extra points if you invite other people to use the testnet.
Please use my link and make a trade. It's easy!
https://labs.zetachain.com/leaderboard?code=X_GqFICHXxAIYyW4XzYt7
- Overtime Markets is building such a great product for sports betting on Optimism and Arbitrum.
https://overtimemarkets.xyz/#/markets?referrerId=Abort
You can now provide liquidity and earn a share of profits. High returns so far.
- 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 still holding strong despite all the recent fud. Hopefully it can break and hold 29K
- I think price could get to about $5 eventually. I'm holding 80% of my airdrop, and I've delegated to Olimpio
- ARBITRUM AIRDROP IS LIVE 🔵 🪂
Finally, ARB claim site started to work a few minutes ago.
Thread: how to claim and delegate right now! 🧙♂️ 🏛️
▓▓▓▓▓▓ 100%
To claim:
1. Go to Arbitrum's website: 🔗 http://arbitrum.foundation
2. Click on "Claim" and follow the steps
3. Delegate to olimpio.eth 🏛️
4. ✅
If you believe I am the right fit. My principles are decentralization, self-custody, privacy
For months, I recommended everyone to delegate their $OP tokens.
Then, Optimism did their Airdrop #2, and one eligibility criteria was to be active in governance (a.k.a. delegating)
Do with this as you may 👀
💡 ICYMI: delegating is enabling your voting power to a delegate
Here is my delegate application and some thoughts of DeFi, blockchain, and governance:
🏛️ https://forum.arbitrum.foundation/t/delegate-application-template/31/230?u=olimpio
Where to trade ARB?
• Use DexScreener/GeckoTerminal to monitor blockchains for pools.
1. Take $ARB's token contract: 0x912ce59144191c1204e64559fe8253a0e49e6548
2. Paste in on http://dexscreener.com / http://geckoterminal.com
3. You will see a pool list where ARB is trading!
Also, centralized exchanges CEXs are listing $ARB.
Almost all of them confirmed listing.
• Binance: today 17:00 (UTC)
• OKX: today (UTC) - 20 mins after claim opens
• Kucoin: today (UTC) - immediately on claim open
• Coinbase: "if and when liquidity conditions are met" 🤡
Transactions not going through?
• If you are having problems with your transactions going through, Arbitrum RPC nodes could be having server load issues.
Here is a thread I made to create your custom RPC endpoint for free and in 5 minutes: https://twitter.com/OlimpioCrypto/status/1638665520940560384
ARB had a rocky launch, with their main website failing for more than 1 hour, and Arbiscan also going down.
The team denies it's from a DDoS or similar attack, they say it's just server load.
If you are still experiencing issues, retry, it works intermittently.
⚡️
- Zksync lite and era are so fucking fast imagine what zkporter is going to be like lfg
- Quai Network has easy activities for a potential airdrop.
You just need to interact with them on social media - like and retweet, like Instagram posts, etc - to earn points.
They have a dashboard where you can check how many point you have (join their Discord to get a multiplier bonus) - https://dashboard.quai.network/
More details in this medium article - https://blog.qu.ai/quai-network-social-media-rewards-program-39d66a8d935f
Easy peasy!
- Metawin has had some crazy raffles recently.
Currently, if you join their telegram, you can get free entry to a 150 ETH draw!!!!!!!!!
https://metawin.com/t/diceman
- Volume on ARB token has been huge since launch. I managed to buy a load around null.10. Gonna keep trading this - https://www.bybit.com/invite?ref=G9XKR
- Shameless shill.
I've been using Bybit for a long time and never used my referral link.
Please feel free to use it. Thanks
https://www.bybit.com/invite?ref=YY99P
- Hyped for Arbitrum airdrop. Wen LENS???????
- I hope lots of people are getting the Arbitrum airdrop. Hopefully it will be at least null. Can't wait for Thursday
- Polymarkets are almost certain that Arbitrum FDV will be $5bn. That means the minimum price should $0.5 https://polymarket.com/event/arbitrum-token-fdv-5b-one-week-after-launch
- $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
- My favorite place for sports betting is now Overtime Markets. Great rewards if you win an 8-match parlay https://overtimemarkets.xyz/#/referral?referralId=0x38b38a61feb0df615d73cbc5b2612d6084cdba08
- This is Lenny
- Can't believe Liverpool lost today. Bad start to the day's betting
- More hated and Doubted stablecoin is currently winning the race
- I hope USDC can get back to its peg. A bit worried about what happens on Monday
- I think we're going to get more bank runs on Monday. Things could get scary
- I've been 1 match away from an 8 match parlay twice this weekend. Don't let me down a 3rd time. Overtime Markets is the best place for sports betting https://overtimemarkets.xyz/#/markets
- Liverpool 7 - Man Utd 0. What a crazy result. I thought Utd would win!
- 2 years ago it was Liverpool 0 - 7 aston villa this year it's Liverpool 7 - 0 man u
- I recently started using Overtime Markets - sports betting site on Optimism. I do almost all of my betting there now. There are some good OP rewards too https://overtimemarkets.xyz/#/markets
- If Zigzag Exchange can become the GMX of ZKSync, it could be huge. Would take about a 40x to get to GMX's market cap https://twitter.com/ZigZagExchange/status/1631571511600373766
- I got my Zigzag airdrop. Will hold, as I think this will do well when ZKSync gains more users. If they can achieve everything they are planning, then this could be big- https://twitter.com/ZigZagExchange/status/1631571511600373766
- zkEVM Testnet Guide 🦊
ConsenSys has been whitelisting more users to its testnet.
Here's a step-by-step thread on how to bridge from Goerli to zkEVM, using Hop.
Will zkEVM have a token? 🧵👇
1/10
✅ About zkEVM
• ConsenSys is a private blockchain software technology company, which owns MetaMask, Infura, zkEVM, and several other products
• One of the things they are working on: their own zkEVM rollup, Ethereum scalability using ZK Proofs.
2/10
Recently, Infura endpoints to access ConsenSys zkEVM became available to a closed group of early registrants
To become one of the testers, you should sign up for the waitlist.
(If you signed & didn't get an email, don't forget they are sending beta invitations in batches)
3/10
For those who are whitelisted: how to test the product?
STEP 1: Go to faucetlink.to/goerli & request Goerli ETH
STEP 2: Login into your Infura account app.infura.io/login
STEP 3: Create a new key and select network Web3 API.
4/10
STEP 4: Select the ConsenSys zkEVM Testnet endpoint (screenshot below)
5/10
STEP 5: Go to goerli.zkevm.consensys.net
STEP 6: Add zkEVM Testnet RPC to your MetaMask
STEP 7: Bridge from Goerli to zkEVM using Hop Protocol: goerli.hop.exchange
STEP 8: Test the zkEVM - play around app.dexchange.live
(bridge, swap, provide LP)
6/10
Is there any $INFURA information?
• On the 1st screenshot, the Team said they are "discussing ways to reward those who help test". This does not necessarily means $INFURA, but it means rewards
• On the 2nd screenshot, the Team said that no token will be launched
7/10
Why should we care?
• ConsenSys is a company that owns MetaMask
• Joseph Lubin already confirmed that MetaMask will have a token (check the thread below)
• Infura is actively thinking about rewarding its token holders for the contribution
https://twitter.com/OlimpioCrypto/status/1590425920506318849
8/10
💡 Note:
Getting involved with the community is always a good way to get to know the team and what they are building.
9/10
💡 Activities that you can engage with:
1. Taking an Infura survey that will give you an NFT: https://research.rallyuxr.com/consensys/lp/cle4f709z00vz2zby305x37b2?studyId=cle4f709x00vx2zbyfqpmc7ga
2. Monitor ConsenSys Events. There was a community call 8 days ago: https://www.crowdcast.io/consensys
10/10
💡 Didn't receive their email yet?
The registration for zkEVM private testnet is closed at the moment.
If you missed the registration period, don't worry! The next phase will be a permissionless testnet. We will have more communications on this to come, stay tuned.
⚡️
- Built on @memester-xyz.lens
- Everyone should try out overtime markets. Sports betting on Optimism https://overtimemarkets.xyz/#/markets