renzze (@renzze) • Hey
maximize life's EV
Publications
- bluesky or lenster?
- $ETHFI airdrop strategy ⚡️
Ether Fi is an LSD protocol, like Lido and Rocketpool.
Thread; how to potentially qualify for a Ether_Fi airdrop 🪂
1/8
What is Ether Fi?
A Liquid Staking Solution. You stake your ETH, and accrue interest rewards derived from Node operators securing Ethereum.
You can learn more about how it works technically:
🔗 https://etherfi.gitbook.io/etherfi/getting-started/introduction
2/8
In their latest medium article, they explicitly say "No token"
They've also tweeted about it.
3/8
In the other hand, within their docs, they explicitly also say
"Governance
In the works ..."
"EtherFI DAO"
"ETHFI Token"
So not sure which one is correct here
4/8
Ether Fi also has an "Early Adopter Program".
They are rewarding points to users that stake.
There was a snapshot taken in April, and they say there is a second coming soon.
No relation between these points to any token or airdrops so far. This is speculation.
5/8
What is the strategy?
Stake your ETH, rETH, stETH, or frax ETH: 🔗 mainnet.ether.fi/eap
They accept any of those tokens as deposits.
They also have 35M of TVL in their contract: 🔗 https://etherscan.io/address/0x7623e9dc0da6ff821ddb9ebaba794054e078f8c4
6/8
Risks?
This is a new protocol, it comes with smart contract risks.
It has been audited by Certik and Zellik: 🔗 etherfi.gitbook.io/etherfi/security/audits
I would only use funds that you can afford to lose.
7/8
Funding?
They have received 5.3M USD in funding, according to Crunchbase.
Seed round 💰
8/8
Not for United States users.
Directly, at least.
Sorry friends, I don't believe they would do this if they could prevent it.
I will update when there is news ⚡️
- MIRROR & GET YOUR MEETVERS SCORE 🚀
- PREPARING FOR $STRK 🐺
Time sensitive post, 8 hours left ⏰
@argentHQ wallet is doing a "Xplorer Campaign" - something similar to the Arbitrum Odyssey that got the $ARB airdrop to many users.
There are 8 NFTs to collect. Deadline for the 1st is today
Airdrop Strategy 🪂:
1/xx
Similar to Arbitrum Odyssey, Argent is:
• Launching one campaign per week
• Rewarding 1 NFT per week after each campaign
• Helping users get to know the Starknet ecosystem
• Helping protocols get discovered
2/9
$STRK: remember that the token has already been confirmed and deployed. Not currently trading:
0xca14007eff0db1f8135f4c25b34de49ab0d42766
There is no information about a retroactive airdrop for Starknet users yet, but there is 8.1% of "Unallocated" supply.
3/9
$STRK: In the other hand, StarkEX users (dYdX, Immutable, etc) are indeed getting an airdrop.
Stay tuned for more news on this front - we will probably get some updates when the token becomes tradable.
4/9
This campaign is a good way to generate organic activity on-chain and to get to know Starknet protocols.
Argent will be giving 8 NFTs for 8 weeks, 1 per week.
First week was until May 9. However, since the network was slow, they extended the deadline to today 23:59 🚨
5/9
WEEK 1
To get the first NFT:
1. Install Argent X extension: 🔗 chrome.google.com/webstore/detail/argent-x/dlcobpjiigpikoobohmabehhmhfoodbb
2. Bridge ETH to Starknet: 🔗 starkgate.starknet.io (or use Orbiter)
3. Make (1) transaction on Starknet Mainnet using Argent X (make a swap @10KSwap, use @Orbiter_Finance, etc)
6/9
WEEK 1
Argent extended the deadline so users can get the first NFT if they interact today.
There's still time - deadline is Thursday 11 May 23:59 UTC.
https://twitter.com/argenthq/status/1656597368316231681
7/9
WEEK 2
Starting yesterday, there is time until May 16 23:59 UTC to also complete week 2.
To get the second NFT:
1. Play the game in: 🔗 starkfighter.xyz
2. Get a .stark domain for free here: 🔗 xplorer.starknet.id
3. Submit your score (tweet required)
8/9
NFTs cannot be minted yet.
They will share a link for users to mint the NFT after the snapshots are taken, so stay tuned.
Once there's news about the mint page, or week 3 tasks, I will update.
These tasks are not capital-intensive, it's a great opportunity to interact.
9/9
🏛️ You can delegate your future $STRK tokens to olimpio.eth in advance: 🔗 https://delegate.starknet.io/profile/olimpio.eth#statement
(ETH Mainnet txn required)
I was chosen to be one of the recipients of the Starknet Foundation's voting power ⚡️
I'll update
⚡️
- If you like these artworks,please🔻
1️⃣ Mirror
2️⃣ Like
3️⃣ Collect
#nftart #orrvan2 #lenster #lensview
- 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
- White Rabbit
- **Improvements in this release**
🛠️ Simplified integration for React web apps. Install and import from `@lens-protocol/react-web` with less configuration.
🔐 Token-gated support: You can now create encrypted posts and comments which can only be read by users that match the criteria you define.
🪪 Active profile is automatically wired as the Observer ID of all relevant queries. Doing so the Lens SDK provides a cohesive view of the data that is relevant to the eye of the Active Profile.
**What's new?**
- New `@lens-protocol/react-web` package for a simplified React web apps integration
- Token-gated posts and comments
- Cohesive data fetching using Active Profile as Observer ID
- Enhanced fields for `ProfileStats` and `PublicationStats`
- Added `appId` to LensConfig. Allows you to identify posts created by your app. You can then use the `sources` to filter posts by the same App ID
- Added `useProfilesOwnedByMe`
- Added `useProfilePublicationsForSale`
- 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
- Did @lensprotocol just leak and delete their airdrop confirmation? 👀
OG Tweet 👇
🔗 https://twitter.com/LensProtocol/status/1625518907405500417
- SURPRISE OPTIMISM AIRDROP #2: CONFIRMED 🔴_🔴✨
@optimismFND just posted details to their second airdrop 🪂
Spoiler alert: it is already LIVE!
All info: how to check 🧵👇
1/7
⚡️ Airdrop details
Optimism is distributing 11.7M $OP, this is around 30M USD
300,000 addresses are eligible!
Snapshot was taken January 20, 2023. Around 20 days ago
2/7
⚡️ Who is eligible?
We called it: governance and participation was an important part of this airdrop
People that delegated their $OP to someone, for example to olimpio.eth... they got this airdrop 🪂
https://twitter.com/OlimpioCrypto/status/1555475134168928256
⚡️ Who is eligible?
1. Governance delegation rewards based on the amount of OP delegated and the time it was delegated
2. Gas rebates for active OP users who spent over a certain amount on gas fees
3. Multiplier: determined by additional attributes related to governance/usage
4/7
⚡️ Airdrop Bonus
1. Addresses that had active delegation at the time of snapshot
2. Usage: transacted in 6 different months
3. Usage: spent more than 20 USD in gas fees
5/7
⚡️ How to claim?
The airdrop was already sent to all wallets eligible, according to Optimism.
Check your wallet in the explorer: 🔗 optimistic.etherscan.io
Full airdrop details: 🔗 https://community.optimism.io/docs/governance/airdrop-2/#attribute-description
6/7
🏛️ Delegate to olimpio.eth
Governance participation is important, I have been saying that for months.
Delegate your new airdrop to olimpio.eth using the official Optimism page:
🔗 https://app.optimism.io/delegates?search=olimpio
I have 100% governance participation ⚡️
7/7
After delegating to olimpio.eth, go to Earndrop Guild to claim your "OPTIMISM GOVERNOR" role:
🔗 https://guild.xyz/earndrop
⚡️
- Rage Trade token confirmed! ⚡️
Around a week ago, Rage Trade confirmed that it will eventually launch a token.
Airdrop Strategy 🪂🧵
1/6
What is Rage Trade?
@rage_trade is an omnichain ETH Perpetual Swap.
You can long/short ETH or enter vaults.
• Backed by @Tetranode, 3AC, and Anthony Pompliano
• Status: live on mainnet, token confirmed
More here 👇
https://twitter.com/OlimpioCrypto/status/1580543941186711552
2/6
Characteristics
• USDC stablecoin farm with risk-on / risk-off modes
• Recycling money-makers LPs, so they can earn extra yield
(the liquidity from MM is used in the background of ETH perps)
🔗 Full docs: docs.rage.trade/
3/6
Last month, Rage launched new Vaults.
Delta Neutral GLP Vault (DN-GLP Vault) gives LPs a real-yield source, generated from GMX trading fees.
(It was only accessible for OG discord members & those who were fast)
4/6
6 days ago, they posted this tweet
We have confirmation that Rage Trade will have a token. It usually is a good strategy to reward early and past users.
No airdrop talk so far, but could be a good idea to interact with their smart contracts
https://twitter.com/rage_trade/status/1611309082224332806
5/6
If we want to position ourselves for it, we need to use the protocol.
Strategy?
• Deposit USDC in vaults
• Long/short ETH
• Deposit into the 80-20 pool (USDC-ETH-WETH)
Start here: 🔗 app.rage.trade
Vaults info: 🔗 docs.rage.trade/4TdI-overview
6/6
🚨 Important
There are risks associated with trading perps (long/shorts are risky) and also with entering the vaults. Please DYOR carefully!
TVL: 13,000,000
DefiLlama page: 🔗 https://defillama.com/protocol/rage-trade
⚡️
- Great read on the possible futures of web3 https://www.notboring.co/p/web3-use-cases-the-future
- hello world