🇨🇳Can China's Economic Woes Kick-Start a Bull Run?

While central banks in the United States, Canada, Europe, and the United Kingdom have been increasing interest rates and signalling their intention to maintain higher rates for an extended period, the People's Bank of China took a different path in August. They reduced the one-year loan prime rate to 3.45%. This decision was driven by China's distinct macroeconomic circumstances, marked by deflationary pressures, yuan depreciation, and a struggling real estate sector.

We explore the far-reaching impact of China's economic crisis, from a real estate market meltdown and youth unemployment to a declining population.

These challenges are reshaping global economies, affecting commodities and inflation.

But most importantly, how will they kickstart the next bull run?

Full article:
https://thoughts.simplicitygroup.xyz/p/chinabullrun

#News | Bulk news | Chat

🔔🔔 Taiko Jólnir (Alpha-5 Testnet) 🔔🔔

🐦 Score 63

🔗 Twitter, Discord, & Website

Taiko is a fully decentralized, Ethereum-Equivalent ZK-Rollup. It is a layer-2 scaling solution for Ethereum.

The project raised $22 Million in two rounds led by Sequoia Capital and Generative Ventures, respectively.

🪜Steps

1. 🎯Add Sepolia and Taiko Jólnir testnet network from this docs

2. 🎯Follow this docs to receive some ETH and HORSE from the faucets

3. 💈Bridge ETH and HORSE from Sepolia to Jolnir

4. 🕹Go to the website and swap tokens among each other

5. 🏮Check the official guide for more details

6. ✍️Fill up the feedback form

7. 🧣(Optional) In honour of Alpha-5, Taiko collaborated with Polyhedra to launch a new Panda, mint it on the website (BSC mainnet).

8. 🏮Bridge the Panda to the Taiko testnet (From mainnet to Jolnir Taiko testnet, costs ≈ $0.5, deadline: October 5).

9. 🔥Join Galxe and claim points

Difficulty ★★☆☆☆
Time ★★☆☆☆
$ Cost ★☆☆☆☆

#Testnet | Bulk News | Chat

🔔🔔 Testnet by Arbitrum Stylus 🔔🔔

🐦 Score 517

🔗 Twitter, Discord, & Website

Stylus enables a new way to write smart contracts by introducing a second, co-equal virtual machine that is fully interoperable with the EVM by Offchain Labs.

Offchain Labs raised $123.7M

🪜Steps

1. 🏮Add the Sepolia Testnet from the Chainlist

2. 🕹Manually add Stylus Testnet
- Name: Stylus Testnet
- URL
- ID: 23011913
- Symbol: ETH

3. 🎯Request test tokens on the Sepolia network from the faucets

4. 📤Go to the following website and connect your wallet

5. 🔺Transfer the test tokens from the Sepolia Network to Stylus Network.

6. 🧣Make several transactions

7. 🔥Mint free NFT on Arbitrum Stylus

Difficulty ★★☆☆☆
Time ★☆☆☆☆
$ Cost ☆☆☆☆☆

#Testnet | Bulk News | Chat

🔔🔔 Nume Testnet 🔔🔔

🐦 Score 2 😢

🔗 Twitter & Website

Nume is a gas-free, scalable and secure web3 payments protocol with primitives tailored for commerce.

The project raised $2M by Sequoia Capital, BEENEXT, Whiteboard Capital and others.

🪜 Steps

1. 🏮Sign up for Nume Testnet waitlist

2. 💈Add polygon zkEVM Testnet from the Chainlist, and manually add Nume Testnet to your Metamask
- Name: Nume Testnet
- RPC
- ID: 7101
- Symbol: NDAI
- URL

3. 🔥Get test token from the faucet

4. 🔺Go to the website and connect your wallet

5. 🧣Bridge to and from Polygon zkEVM Testnet to Nume.

6. 📍Repeat the above transactions back and forth.

Difficulty ★★☆☆☆
Time ★☆☆☆☆
$ Cost ☆☆☆☆☆

#Testnet | Bulk News | Chat

❗️❗️Orbiter Finance seems exploited

Stay away from using Orbiter to bridge funds for the time being

1) Team account on Discord now shows as "Deleted User"
2) Multiple reports of funds not being received
3) Basically no one on their team to assist with any issues if you have any

Might or might not be a slow/soft rug, remains to be seen. Just be careful for now 👀

Bulk News | Chat

All good, they say ☺️

- Orbiter bridge works very well and does not have any security issues. The transaction may fail due to network instability or the sender deleting the target network identification code when sending the TX. We will execute these failed transactions ASAP.

- Orbiter's Discord is safe, but Orbiter's Discord account is blocked by Discrd team for no reason. We have been trying to contact the Discord team to appeal. This is why Orbiter's account is displayed as a "deleted account" in our channel.

https://twitter.com/Orbiter_Finance/status/1709254171780935995

Bulk News | Chat

🔔🔔Pandra King news from Polyhedra🔔🔔

Information has appeared about the distribution of awards.
The prize pool is five shares of $30,000.
The drawing will take place on Galxe.

Awards:
The prize pool will be divided into five segments, each worth $30,000. To ensure the fairness and credibility of the draw, we have decided to conduct the raffle on Galxe.

🎯The Galxe raffle will randomly select 30 winners, with each receiving $1,000 USDT reward. Participation in this segment is exclusively open to Legendary-level Pandra King NFT holders.

🎯The Galxe raffle will randomly select 1,000 winners, with each receiving a $30 USDT reward. Participation in this segment is also limited to Legendary-level Pandra King NFT holders.

🎯The Galxe raffle will randomly select 2,000 winners, with each receiving a $15 USDT reward. Participation in this segment is open to both Legendary and Epic-level Pandra King NFT holders.

🎯The Galxe raffle will randomly select 3,000 winners, with each receiving a $10 USDT. Participation in this segment is extended to Legendary, Epic, and Rare-level Pandra King NFT holders.

🎯The Galxe raffle will randomly select 6,000 winners, with each receiving a $5 USDT reward. This segment is inclusive of all Pandra King levels, including Legendary, Epic, Rare, and Uncommon Pandra King NFT holders.

Note: if you hold multiple Pandra Kings in your wallet, only the highest rarity will be counted towards the campaign.

The prize will be automatically distributed to raffle winners by the end of the campaign on October 9th, 2023, 00:00:00 UTC

The material is presented for informational purposes and is not a guide to action.

#ToDoList | Bulk news | Chat

Trustwallet is going to announce something soon.. exciting.. 👀

The countdown is on.

https://twitter.com/trustwallet/status/1709576941991494019?s=46&t=R1dkFjjmI8fdupglSuZ1xw

Bulk news | Chat

🔔🔔 Altlayer Testnet (Fourth Phase) 🔔🔔

🐦 Score 46

🔗 Twitter, Discord, & Website

Altlayer is a system of highly scalable Rollups designed for applications whose security is provided by underlying L1/L2 layers.

The project raised $7.2 million in investments from PolyChain Capital, Jump Crypto, and others

⏰Deadline: 27th of October, 2023

🪜Steps

1. 🎮Play Ottie 2048, Cellula, and Loot Royale games by completing the Galxe tasks (be careful, before using, clear the cache according to this instruction).

2. 🔥Add Beacon Layer testnet, Multi Sequencer testnet, Ethereum Sepolia Testnet using the info in this docs.

3. 🔺Get test tokens from the faucet in this docs.

4. 🧣From the deposit tab of the website, bridge Sepolia ETH (L1), MSEQ, MSNFT to Multi Sequencer testnet (L2).

5. 🌉Bridge Sepolia ETH, MSEQ, and MSNFT from L2 to L1 using the Withdraw tab

6. ✅Click on the Manage delegations tab of this website to delegate ALT to a validator (Ensure you connect to Beacon Testnet)

7. 💈Visit this website to wrap your ETH to WETH (Ensure you connect to Sepolia Testnet).

8. 🕹Stake WETH from the Rollup Staking website and ensure your wallet is on the Sepolia testnet.

9. 🏮For more information, check official instructions.

Difficulty ★★☆☆☆
Time ★★☆☆☆
$ Cost ☆☆☆☆☆

#Testnet | Bulk News | Chat

🔔🔔 Taiko Alpha-5 (Jólnir) Galxe Campaign 🔔🔔

🐦 Score 63

🔗 Twitter, Discord, & Website

Taiko is a fully decentralized, Ethereum-equivalent ZK-Rollup.

Taiko raised $22M from Sequoia Capital China, Generative Ventures, Mirana Ventures, and others.

🪜Steps

1. 🎯Go to the Galxe

2. 🧣Perform the tasks

3. 👌Claim the boxes and points

4. ✅Quiz Answer: A Concise Dive (C, B, C, D, C) | Cross-chain communication (C, B, B, D, C).

Difficulty ★☆☆☆☆
Time ★☆☆☆☆
$ Cost ☆☆☆☆☆

#Testnet | Bulk News | Chat

🔔🔔 FWX Finance Testnet 🔔🔔

🐦 Score 3😢

🔗 Links

FWX is a Decentralized Derivatives Platform built on EVM-based chains, that allows users to anticipate price direction.

The project raised $5M from Ava Labs (Avalanche) and others.

🪜Steps

1. 🏮Add the Fuji Avalanche test network

2. ✍️Take test AVAX from the faucet

3. 📍Request additional test tokens from another faucet

4. 👌Follow the official guide to test the platform

Difficulty ★★☆☆☆
Time ★★☆☆☆
$ Cost ☆☆☆☆☆

#Testnet | Bulk News | Chat

🔔Compensation from Galxe (TLDR)🔔

✍️Galxe has published details of the refund plan.

✍️List of wallets here.

✍️Change your refund wallet here.

✍️Details in the article.

P.S. Take care of your funds. Quite a large number of users were affected. The amount of personal losses was up to 53k, assets in all major networks were compromised, the total amount of losses is $396,287.

Bulk News | Chat

🔔🔔Pandra King news from Polyhedra🔔🔔

The results of the $150,000 draw from Polyhedra have appeared

The table has five tabs of 30k each.
Let's check the wallets and share our successes in the comments.

Claim rewards on Galxe.

#ToDoList | Bulk news | Chat

🔔🔔 BNB Greenfield Testnet 🔔🔔

🐦 Score 304

🔗 Links

BNB Greenfield emerges as an innovative and visionary blockchain that aims to reshape the way we perceive data ownership and the data economy.

🪜Steps

1. 🏮Visit bnbchainlist and connect your MetaMask wallet.

2. 🔎Search for BNB Smart Chain Testnet and Greenfield Blockchain Testnet, and add both to your MetaMask wallet.

3. 💈Go to the faucet to get the BNB test token.

4. 🌉Bridge BNB test token from BSC Testnet to BSC Greenfield via bridge or Dcellar.

5. 🧣Create a bucket on Greenfield testnet, you can then store your file or object in the bucket (max of 10 objects not more than 256 MB).

6. 🕹Once uploaded, you can send your file or object to a different MetaMask address the way you share files with different emails in Google Drive.

Difficulty ★★☆☆☆
Time ★★☆☆☆
$ Cost ☆☆☆☆☆

#Testnet | Bulk News | Chat

🔔🔔Polyhedra airdrop confirmed🔔🔔

Polyhedra airdrop criteria have appeared in discord.

🕹 Loyalty points zkBridge on Galxe
🕹 Hold Pandra King NFT
🕹 Interaction with zkBridge
🕹 Other events

There has been no any information regarding the snapshot yet.

🔔 On October 24, opBNB will launch a campaign with rewards in future Polyhedra tokens - $ZKB .
🔔 A total of $1,000,000 will be allocated for the campaign, which is estimated at $500k.
🔔 Most likely, the token will be released on the launchpool at the same price - $0.5 per token.

#ToDoList | Bulk news | Chat

🔔🔔 New Quest from Orbiter Finance 🔔🔔

Orbiter is a decentralized cross-rollup bridge for transferring tokens. The project was discussed more than once.

The project announced a new quest - Stablecoin Bridger on Galxe.

🪜Steps:

📍Go to the website
📍Complete tasks (subnoscription + five USDC/USDT/DAI bridges).
📍Get points.

Only transactions made after October 12 (inclusive) will be counted. The bridge amount is not controlled.

Difficulty ★★☆☆☆
Time ★☆☆☆☆
Cost ★☆☆☆☆

#ToDoList | Bulk news | Chat

Important Notice: Announcement to Binance Visa Debit Card Cardholders

Binance Visa Debit Card program is closing. You will no longer be able to use your Binance Visa Debit Card from 20th December 2023 UTC 00:00.

This is because the Binance Visa Debit Card program, issued by UAB ”Finansinės paslaugos ,,Contis“, part of the Solaris Group, is closing in two months’ time.

Bulk News | Chat

🔔🔔Memecoin🔔🔔

Memecoin is a memcoin (😂) from Memeland. Memeland was created by the powerful team 9GAG, the creators of The Potatoz and The Captainz.
There is also a lot of hype around this project due to good marketing and a referral program.
The community has high expectations, perhaps too high, but there is no investment, so let’s try to grab a piece of this pie.

🪜Steps

1. 🏮Add “♥️ Memecoin” to your Twitter username;
2. 💈Go to the website with quests and complete all tasks;

Keep an eye out for new quests.

P.S. If you have 10 or more tweets, we will help you team up with colleagues to get refback.
To receive a referral link, you must hold The Potatoz and The Captainz.

Difficulty ★☆☆☆☆
Time ★☆☆☆☆
Cost ☆☆☆☆☆

#airdrop| Bulk News | Chat

🔔🔔 WooFi Pro Testnet 🔔🔔

🐦 Score 16

🔗 Links

WOOFi is a unique decentralized exchange that bridges the deep liquidity of centralized exchanges on chain.

The project raised $52 million in investments from Binance Labs, and others.

🪜Steps

1. 🧣Add Arbitrum Goerli Testnet from the Chainlist

2. Get Arbitrum testnet ETH from the faucet

3. 🔺Go to the website and connect your wallet

4. 🕹Take test USDC in the faucet from the dashboard

5. 💈Open and close positions with different leverages

6. 🤝Swap available tokens with each other

7. ✅Stake and Earn.

Difficulty ★☆☆☆☆
Time ★☆☆☆☆
$ Cost ☆☆☆☆☆

#Testnet | Bulk News | Chat

🔔🔔I wouldn’t want to, but I have to🔔🔔

Polyhedra launched a new campaign on Galxe. "Star Legend" in honor of the launch of Legend Games. This is a gaming infrastructure for developers and ordinary users based on zkBridge.

In this company, you will need to mint resonators and bridge them from opBNB to other networks. The quest is not the easiest, but you can figure it out quickly if you participated in previous activities.

🪜Steps

To mint resonators, you need tickets - one per day for everyone and additional ones for Pandra King NFT holders.

Pandas can be purchased from the market and used in this event. The snapshot is taken once a week.

For the resonator to work, it needs to be transferred to their other network.

Quests are available for transfers from the opBNB network to BNB, Polygon and Arbitrum One/Nova.

opBNB for commission can be obtained through Orbiter or the official bridge.

Deadline: January 11, 2024.

Difficulty ★★★☆☆
Time ★★★☆☆
Cost ★★☆☆☆

#ToDoList | Bulk news | Chat