CryptoSkuby (@skuby) ā¢ Hey
Software engineer, Crypto red pilled
Publications
- decentralized liquidity is the way to go $ethlinq
- @lensprotocol launching their V2
- Nexon Finance mainnet is live on #zkSync Era š„
Checkout: https://app.nexon.finance
- Bull market activated?
- āāāāāā 71%
Arbitrum's $ARB is coming this Thursday š¦
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77% of my audience got this airdrop. Congrats everyone, BTW ā”ļø
26% is holding no matter the price, and 50% is not selling below null.25.
What is the purpose of the ARB token? š§µš
1/11
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ABOUT PRICE
I was thrilled to see that almost 80% of the people who voted in my Twitter poll got this airdrop. It's a huge sample of 7300 people
Very happy that so many people are getting their first airdrop, there are 625,143 wallets eligible
https://twitter.com/OlimpioCrypto/status/1636357015684481024
2/11
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ABOUT PRICE
In my second poll, 26% is holding.
Only 22% are selling below null.25.
https://twitter.com/OlimpioCrypto/status/1636771668206006272
3/11
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ABOUT PRICE
There is also an informal OTC market for ARB, I've seen prices from null to null.50 there today. (image attached)
4/11
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ABOUT PRICE
Another speculative price point can be found in protocols like PrePO, where people are betting ARB's FDV on $14.4B (one week after token launch), which is around null.50 per token. (image attached)
5/11
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ABOUT PRICE
If you want to have some fun, read this price scenario speculation I posted a few days ago. Don't take it too seriously!
https://twitter.com/OlimpioCrypto/status/1636771626560765969
6/11
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TOKENOMICS
ā¢ Team & Future Team + Advisors: 26.9%
ā¢ DAOs in the ecosystem: 1.1%
ā¢ Individual wallets: 11.6%
ā¢ 42.8%: DAO Treasury
ā¢ Investors: 17.5%
Total supply: 10B tokens
7/11
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VESTING
Total Supply schedule
ā¢ User & DAO airdrops will be available on Thursday
ā¢ Investor & Team tokens have 4-year lockups (1 year cliff)
ā¢ First unlock: in one year, then monthly linear unlocks
š Source: https://docs.arbitrum.foundation/airdrop-eligibility-distribution
8/11
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GOVERNANCE
ā¢ Self-executing governance:
This means that DAO votes will have the power to execute autonomously on-chain. No need for a central authority to "process" DAO decisions
9/11
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GOVERNANCE
ā¢ For emergencies: the Arbitrum Security Council
A 12-person multi-sig that will be able quick action in case of emergency. 9/12 votes needed. This could be used, for example, to patch a vulnerability
Elections for the Council are held twice annually.
10/11
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GOVERNANCE
ā¢ $ARB tokens govern both Arbitrum Nova and Nitro
ā¢ Voting power is determined by the number of $ARB held
ā¢ You can delegate your voting power to others (like olimpio.eth ššļø)
11/11
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ARBITRUM "ORBIT"
Orbit will allow developers to easily and permissionlessly launch their own Layer 3 (L3) blockchain in the Arbitrum ecosystem
ā¢ L3s can be launched with no DAO approval
ā¢ New L2s that want to fork Arbitrum will be able to do it after DAO approval
Stay tuned, I will keep you updated
ā”ļø Join instant alpha telegram Alerts: https://t.me/OlimpioAlpha
- Decentralized twitter i hear !!!!!!
- Hello world