Groucho (@groucho) • Hey
Bitcoin and 🦇 🔊 Those are my principles, and if you don't like them... Well, I have others
Publications
- ethereum this, ethereum that
- Posting this in order to try Yup.io
Looking forward to crossposting!
- Gm professionnallllsss,
On my way to the Bahamas, Sam wanted a selfie with me!
- Hey @lensprotocol how can I get an invite to create a corporate account?
Many thanks in advance
- I just minted Stand with Crypto Supporter, celebrating the start of @BuildOnBase bringing billions of people onchain.
It’s Onchain Summer.
https://onchainsummer.xyz/standwithcrypto
- hey, hey. hey. My first post in hey
- I just voted "Yes" on "Stargate New Oracle Configuration: Google Cloud Oracle" https://snapshot.org/#/stgdao.eth/proposal/0x13e489cc2b60e4b57876266b70e15d77d6ac86a23817dffba26043e69e3bf91e #Snapshot
- My first Lucky Draw is about to expire!
https://debank.com/stream/396159
- gm new week
- Mural of cats and birds by Alegria del Prado at Rúa Costureiras, 19 in Carballo, Spain for Rexenera Fest. Curated by Mutantecreativo.
#streetart #art #lensprotocol
- gm
- Today marks our 1 Year Anniversary of making friends onchain 🎂!
Thank you to everyone who has made the first year of Lens Protocol so special and groundbreaking. Lens has brought together builders, creators, communities, and friends, all while in beta.
There's so much planned for the second year ahead, and we can't wait to continue to grow with all of you.
Who did you become frens with on Lens?
🎨 by @nftsushi.lens and all collect proceeds go directly to the artist.
- Thx metamask for this feature
- Built on @memester-xyz.lens
- I just voted on "[EP3.6] [Social] Election of new ENS Foundation director" https://snapshot.org/#/ens.eth/proposal/0x3c6b192eb2e990d74125d82ef886a1ec9e7373f4f768ed5b4adc23a03c26d649 #snapshotlabs
- Beast @0xmoe.lens 🔥
- Introducing Bonsai, an Optimistic L3 scaling solution, that will process transactions at hyper-scale, and is designed to support the next generation of web3 social users.
Available for Lens devs in closed beta today.
Data availability layers are utilized to prevent storing information on-chain. While content on Lens may include an on-chain transaction, the content data is linked to a data availability location, like Bonsai.
Bonsai serves as a scaling solution that processes Polygon transactions off-chain, achieving hyperscale and reducing costs. Unlike L2 solutions, Bonsai doesn't compress transactions into L1, it sends and stores them on a data availability layer.
The main challenge for decentralized social networks is to ensure that users have control over their content, while still being just as user-friendly as traditional social networks.
Bonsai makes the future of decentralized social possible.
We've worked relentlessly with the @bundlr-network.lens work and Arweave teams to ensure scalability by providing Data Availability (DA) guarantees, allowing the use of Ethereum Virtual Machine (EVM)-supported wallets to save DA logic and facilitating the rapid publishing of data.
Permissionless innovation is at the core of everything we do on Lens. As we approach one year on mainnet (still in beta), we have been blown away by the talent and passion in our dev community but we realize in order to scale to the masses, we need to build new solutions.
Bonsai is currently only being beta tested on @lensterxyz.
We look forward to seeing more applications roll out Bonsai.
Dive into the dev docs here: https://docs.lens.xyz/docs/data-availability-post
Explore: bonsai.lens.xyz
Read our latest blog here: https://mirror.xyz/lensprotocol.eth/3Hcl0dGE8AOYmnFolzqO6hJuueDHdsaCs3ols2ruc9E
- The Lens community is incredibly active!
We've distributed a total of 583,500 USDC to 5,835 users on Avocado.
To check your eligibility and claim your share, visit: https://avocado.instadapp.io/c/lens-drop
- 📢 It's official, Nexon Finance will have a token with $NXN as its ticker!
We would like to thank our community & users for their invaluable support. We won't forget it.
Please beware of scams, as there is no token listed on any exchange. Stay vigilant & engage only with trusted sources.
- Gm to those who own their content
- CAUGHT RED HANDED: SEC Chair Gary Gensler
CAUGHT RED HANDED: SEC Chair Gary Gensler blamed crypto for Signature Bank's failure during his congressional testimony.
Today, NY Department of Financial Services Superintendent Adrienne Harris refuted that in front of the same committee:
"It is not the case that the failure of Signature was related to crypto"
- I just voted "Yes" on "Make Velodrome the STG Hub on Optimism" https://snapshot.org/#/stgdao.eth/proposal/0xf980d6deed62c3d77dd055963724b9d07ea0f383a2142703e5581c8e751b06ad #snapshotlabs
- Secured Finance, A High Potential Product / Airdrop
A global transaction platform that combines innovative technologies & proven interbanking standards for trillion-dollar transactions is the idea @Secured_Fi is working on. Lets see what they got!
https://twitter.com/AlphaInsiders/status/1648280234066874368
Like & Mirror #AlphaInsiders
- I just voted "Yes" on "Create a Secure UniswapV3 Oracle for STG with Arrakis PALM" https://snapshot.org/#/stgdao.eth/proposal/0x9b511ccf8bd097176255da63725877de9f80caeea8a28256ff50dfad10a3820d #snapshotlabs
- **Guide to Polygon NFTs**
With a string of a-list partners and an ever-expanding ecosystem, Polygon is a network that’s worth paying attention to. However, Polygon NFTs are relatively lesser-known, perhaps because many wallets don’t fully support them.
In this post, we explore Polygon NFT marketplaces and top NFT collections.
📈 **Polygon NFT marketplaces**
Many NFT marketplaces support Polygon — below are the leading ones in terms of volume.
**1. OpenSea**
The best-known NFT marketplace, @opensea.lens added Polygon in August 2022. Despite lots of competition, OpenSea has the largest trading volumes for Polygon NFTs.
Besides trading, OpenSea also lets anyone easily create Polygon NFTs with “lazy minting”. With this method, no gas is paid until the NFT is sold.
**2. MagicEden**
Originally focused on Solana, MagicEden has grown into a cross-chain NFT giant. The marketplace added support for Polygon in November 2022.
MagicEden also has lots of tools to help creators successfully sell NFTs. This includes whitelists, launchpads, and auctions. This isn’t open to all, and there is a vetting process for creators to ensure quality.
**3. Dew**
Currently in invite-only, Dew.gg is a dedicated Polygon NFT marketplace aggregator tailored for pro traders on the Polygon network. Despite still not being fully open, Dew has been steadily gaining trading volumes.
Dew offers features that help traders, such as fast listing updates, floor sweeping, and advanced charts. To get access to Dew, you need an invite from one of the existing users (each user gets 5 invites).
🔍 **Polygon NFT collections**
While Polygon has lots of run-of-the-mill PFP collections, it’s also home to some of the most interesting NFT experiments.
**1. Y00ts**
Launched in September 2022 on Solana, y00ts is a generative art project with 15,000 NFTs.
The project made headlines when De Labs, the company behind y00ts, got a $3 million grant from Polygon to move the collection from Solana to the Polygon blockchain. The transfer started in March, and now over 12k NFTs are on Polygon. With a 2 ETH floor, it’s currently the top collection on Polygon.
**2. Lens profiles**
@lensprotocol handles are a hot commodity — still, only whitelisted addresses can mint the handle.
While mining is free, the floor price is over $200. The total volume traded is over 4.2 million MATIC, according to MagicEden.
Collected Lens posts are also Polygon NFTs. However, a different collection is created for each post. So the market is somewhat fragmented and posts rarely feature in the lists of trending NFTs.
**3. Reddit Collectible Avatars**
Reddit chose the Polygon blockchain to launch the sale of their collective avatars. Reddit sold over 10 *million* NFTs with a total market cap exceeding $75 million.
Recently, Reddit launched the second wave of avatars from 100 different artists. Each artist has a separate NFT collection.
**4. Sandbox land NFTs**
In November 2022, Sandbox, the popular metaverse and gaming platform, started to sell their digital land as Polygon NFTs, moving on from Ethereum.
Most Sanbox land plots are now traded on Polygon with a total volume of over 6.2 million MATIC. The land isn’t cheap: the average price is over 1,000 MATIC.
**5. Unstoppable Domains**
Similar to ENS, Unstoppable Domains offer domain names as NFTs. Unlike ENS, these NFTs live on the Polygon blockchain.
There are over 3 million domain NFTs. So the floor price is extremely low. However, shorter and more memorable domains could be valuable.
**6. Galxe OAT2**
Galxe OAT (On-chain Achievement Token) are free NFTs issued for taking parts in various campaigns on Galxe. Over 9 million OATs were issued.
While OATs are minted for free, some people buy them. Perhaps they expect to qualify for some whitelisted, allowlists, or other on-chain opportunities.
**7. Gaming NFTs**
Polygon is the network of choice for many blockchain games. Some of those games use NFTs to represent characters and items in the games.
Game NFTs are often even more volatile than other collections. That’s because the value of NFTs can depend on the in-game mechanics (which can change). Games can also quickly go viral and can fall out of favor just as fast.
To find interesting game NFTs on Polygon, you can simply filter collections on OpenSea. MagicEden also has a dedicated Games tab, which features various blockchain games.
👀 **How to view your Polygon NFTs**
Not every crypto wallet adequately displays Polygon NFTs.
However, Zerion Wallet fully supports the Polygon blockchain, including NFTs. You can easily import your existing wallet via a seed phrase or private key.
When you mint or buy NFTs, you can see them in your transaction history. After that, the NFT will show up in a dedicated part of the portfolio that tracks NFTs across all chains.
Alternatively, you can connect your existing wallet to the Zerion web app and see all your Polygon NFTs.
Try Zerion Wallet 👉 https://link.zerion.io/uN2UIMB0Xyb
- おはよう @ethglobal.lens Tokyo! 🇯🇵
The Lens team is on the ground and we're so excited to bring the social layer of web3 to Japan.
We have $20k in prizes for the hackathon!
🥇 1st $5k
🥈 2nd $3k
🥉 3rd $2k
🎖️ 10 best Lens Integrations for nullk each
Lens is web3 native meaning it’s simple to build native payment features directly into your app. Mirrors, collects, follows and comments allow creators to monetize their content directly to the user, without intermediaries, and in a permissionless way. Premium content, token-gated rewards, tipping, crowdfunding, subscription services, referral, and affiliate programs are just a handful of the countless types of integrations you can build with Lens.
Looking for some inspiration?
- We're still in the early innings of AI and ML and want to see more devs utilizing the latest innovations from OpenAI, Replicate, HuggingFace, LangChain, and Dust just to name a few. Imagine the possibilities when web3 social intersects with AI/ML 🤯
- You could use AI/ML to analyze a user’s feed over the course of a few days and condense it into a single view so they can visit less often and still be up to date with what’s the latest and greatest.
- Or create a social learning platform that uses AI to create personalized learning paths for users. It could assess users' knowledge levels, recommend relevant learning materials, and provide real-time
feedback and guidance.
- You could use Lens profiles specifically for your gaming identity. Imagine your in-game items and high scores attached to your Lens profile and you curate a Lens leaderboard for the community.
- Bust a move! Build an app that lets users participate in virtual dance-off challenges. Users can record and upload their dances, challenge friends or random users, and compete for the elusive best dancer on Lens title 💃🕺
- Build a community app for @galverse.lens on Lens that utilizes the Splits for Collects feature (https://docs.lens.xyz/docs/create-post-typed-data#multirecipientfeecollectmodule) and you'll help with the development of the anime, character design, story, and more.
- Imagine using the Collect module for more exclusive content such as event ticketing.
- How about building a governance forum specifically for Lens users? gm DAOs 🤔
- Calling all pet lovers out there. Create a social platform where users can showcase their pets' talents, tricks, and general awesomeness. Users can upload videos of their pets and participate in virtual talent shows, with categories like "Best Trick," and "Funniest Moment"
- Want to bridge that gap from web2 social to web3? Build a site that shows you the most followed people that have used a site (maybe the 🐦 app) or help users connect their web2 account and generate a ZKP for mapping.
- Or a Lens creator dashboard for tracking post analytics (engagement, collects, revenue, etc) and helping you find your 1000 true fans.
- Maybe you find yourself collecting every post from one of the 100k profiles already on Lens. Create a module to “subscribe” to someone and automatically collect everything the post within certain parameters.
Here are some resources to support your hackathon efforts.
Dev Docs https://docs.lens.xyz/docs
Hackathon Guide https://lens.xyz/hackathons
Lens Integrations https://docs.lens.xyz/docs/integrating-lens
Lens SDK details https://github.com/lens-protocol/lens-sdk
@nader.lens will be on stage April 14th at 7:30 PM JST in the Toranomon Hills Forum, 5th Floor | Workshop Room 1, for a developer-focused session on Building Full Stack Web3 Social Applications.
Reach out to @nader.lens and @jessglover.lens for any questions on the ground in Tokyo.
And make sure to stop by the Lens booth. Show us what you're building and you just might get some exclusive swag.
- Excited to be in DAOTokyo 🎌
- I just signed the Glass Manifesto and got early access to claim The Glass Pass. See you on @glassxyz.lens :
https://glass.xyz/manifesto
- Big thanks to our Aave Fam! 🤍
Aave Protocol V3 is now live on the Ethereum market 🚀
”The most exciting aspect of V3 is its flexible design, which enables a variety of new risk mitigation features, and its improved capital efficiency and decentralized liquidity – all while reducing gas costs.” @stani.lens
With the deployment of V3 on Ethereum mainnet, Aave’s first and largest market, our community has unlocked new technical features and benefits, including 👇
🔋 **High-Efficiency Mode:** allows users to increase their capital efficiency when supplying and borrowing correlated assets like stablecoins and liquid staking derivates (LSDs)
💪 **Isolation Mode:** enables more assets to be listed on Aave as collateral while maintaining the security of the protocol. Liquidity risks can be siloed by listing assets in isolation mode.
⛽️ **Gas Optimization:** reduces gas costs associated with all the functions across the board by ~ 20-25%.
Our migration tool for moving your assets from V2 ➡️ V3 is ready to help all the DeFi ghosts 👻 out there to move your positions over smoothly in a single transaction. Deep dive into the migration tool and more in the V3 ETH blog here: https://aave.mirror.xyz/K9gQPsv-hAH-gO4oH2i0Oen8uQEHYL5q8x9xjN9XnmA
Decentralization drives our community forward 🚀 and with this shared mission in mind, we will continue to build and innovate together 👻.
- Lens Protocol is open, anyone who has a profile can have permissionless access regardless of what application they are using. We believe in supporting content creators and followers who create an engaging environment for everyone.
Some applications use gasless and signless transactions, and we have now introduced eligibility requirements for these features.
While everyone is eligible by default, accounts with low-signal engagement will not be eligible. You can read more about our requirements here. https://docs.lens.xyz/docs/gasless#eligibility-requirements
We are also testing filtering low-signal notifications for a better user experience. https://docs.lens.xyz/docs/users-notifications#api-details
At Lens, we believe that Web3 social should create a better experience than before, by using blockchain technology. We are always experimenting with ways to better our user experience by filtering low-signal profiles and bots. Let’s keep experimenting, our DMs are open for feedback 🧪
- The FED lost $42 billion 📉
You read that right. Itay Vinik has the deets
Full episode 👇👇
https://www.bankless.com/will-the-fed-thread-the-needle-with-itay-vinik
#bytes
- **Web3 Wednesdays: Music NFTs** 🎶 **— Open Edition**
Ahead of NFT.NYC, we discussed Web3 music with @coopahtroopa.lens, @levychain.lens, @invinmusic.lens, @spinamp.lens, and @evgeth.lens — hosted by @abishek.lens
Collect the full episode over the next 24 hours and play it in your Zerion Wallet whenever you want.
- Super cool Bitcoin ATM
- Introducing Zerion Perks 🤯
Never miss an airdrop, whitelist, or reward 👇
Learn how you can unlock your wallet’s potential with Perks: https://zerion.mirror.xyz/1XccawDGzNUdA5-DRwOgFXQ-Ha82WY0wul2BKMDwOOY
Get what you deserve. Perks for your wallet.
👉 Download Zerion: https://link.zerion.io/RmcJfUyJAyb
- **Confirmed! The Wait is Over ZkSync era is HERE**
I believe you still can get #ZKS Airdrop by being active on #era Mainnet Here is the list of the biggest projects on #Zksync
https://www.youtube.com/watch?v=vxrthzhaiNc
Don't forget to like and Mirror and collect
#AlphaInsiders
- ** #RabbitX Airdrop Coming / Snapshot April 9th**
Don't miss out on this opportunity! Haven't deposited or traded on RabbitX yet? You still have time! The last snapshot date will be on Sunday, 9 April 2023. Participate in our early-mainnet http://app.rabbitx.io. Get the access code in our discord
https://discord.com/invite/rabbitx/
Like and Mirror / Follow for more
- Brendan at PoolyCon - The PoolTogether Hyperstructure
The next PoolTogether is real! PoolTogether Co-Founder & CTO @asselstine.lens takes a look at the concept of Hyperstructures in general before revealing the next version of PoolTogether as "forever software".
Timestamps:
00:10 Intro
01:20 Software that runs forever
0:35 What are Hyperstructures?
07:15 Hyperstructures are Scalable
07:55 Not Every Protocol is a Hyperstructure
08:20 PoolTogether Thus Far
10:25 The PoolTogether Hyperstructure
12:42 How does it work?
16:18 User Experience // Just start winning
16:45 Is PoolTogether Really a Hyperstructure?
17:50 PoolTogether as Infrastructure for Prize Savings
19:35 Rethinking Risk
20:20 Next Steps (Launch Timeline)
- What is a zkEVM? | The Edge Podcast
This is a clip from our most recent episode of The Edge Podcast with Marco Cora, the Head of Business Development at Matter Labs (zkSync) about their flagship zkEVM.
📺 For the full episode, watch it here on Lenstube: https://lenstube.xyz/watch/0x2e09-0xe4
🎙️ If you prefer a podcast player, subscribe and listen to The Edge Podcast here: https://anchor.fm/edgepod
THIS IS NOT A RECOMMENDATION OR ENDORSEMENT TO BUY ANY TOKEN OR NFT RELATED TO ANY PLATFORMS DISCUSSED.
------
🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/
🙋♀️ Interested to sponsor episodes of The Edge? Fill this out:
https://hl6pu9d99u5.typeform.com/to/E3NY5Mqn
------
🌲 LINKTREE FOR THE EDGE PODCAST: https://linktr.ee/edge_pod
🔎 DISCOVER DEFI & WEB3 BLOG POSTS, PODCASTS, TUTORIALS: http://defidad.com/
✅ FOLLOW DEFI DAD ON LENSTER: https://lenster.xyz/u/defidad
✅ FOLLOW NOMATIC ON TWITTER: https://twitter.com/Nomaticcap
------
The Edge Podcast Sponsor Resources
📈 GTRADE | DECENTRALIZED LEVERAGE TRADING ON POLYGON AND ARBITRUM
https://gains.trade/
🌊 STADER | MULTICHAIN LIQUID STAKING
https://staderlabs.com/
🔔 PUSH PROTOCOL | WEB3 COMMUNICATIONS PROTOCOL
https://app.push.org/
🌿 LENS | DECENTRALIZED SOCIAL GRAPH
https://lens.xyz/
⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS
https://www.utopialabs.com/
------
Guest Links
Marco Cora on Twitter
https://twitter.com/Be1garat
zkSync on Twitter
https://twitter.com/zksync
Learn about zkSync Era
https://zksync.io
Learn about Matter Labs
https://matter-labs.io/
-----
All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. 4RC invested in the Series B round for zkSync. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.
- CZ KYC'ing all his accounts
- Just a few hours to go...
Are you ready Nexonians?
- **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`
- Never seen anyone do this swap on air lol
- **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
- $GHO
- Biggest giveaway will start at 5k follower. And we are even faster than I thought.
This time I will give away all my ARB airdrop token to the winner.
It will be 8k token, and right now OTC deals made are around 1.1$👀💵
Mirror, follow and comment. And at 5k I will select the winner fair with @waves.lens or @lensdropxyz.lens .
Can we get 400 more follower within this week?
- Biggest giveaway will start at 5k follower. And we are even faster than I thought.
This time I will give away all my ARB airdrop token to the winner.
It will be 8k token, and right now OTC deals made are around 1.1$👀💵
Mirror, follow and comment. And at 5k I will select the winner fair with @waves.lens or @lensdropxyz.lens .
Can we get 400 more follower within this week?
- $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
- Guild.xyz @ EthDenver
It's been extraordinary to meet so many of you in person. Grateful to have had the opportunity to speak at so many amazing events and share what we know about communities and the future of the internet.
- Atlast Arbitrum Airdrop arrived.. 625143 wallets are eligible for this Airdrop..
Now let's see when Lens gives Airdrop to us👀
Follow Me🌿
Mirror🌿
Collect🌿
- 3