Lesson in that

Finally finished the last of the paperwork.

As of today Pandora is officially a fully formed entity.

We went from a couple of guys with an idea to an established startup with a team of over 10 people, extensive press coverage, 30K followers on Twitter and 9 figures in daily volume in a week. In 4 hours from now we will have launched exactly one week ago.

it might not feel like it but it's literally the beginning. Audit today. Locked liquidity right after. Then we ship the new website and complete documentation as we continue preparing to submit an EIP.

We just started.

Oh also I know I haven't been posting about my trading but don't ever think I fell off

If you're building something with ERC404 that's genuinely innovative and you're here for the long term, send a deck to hello@pandora.build

If there's no deck, no need to email. Looking for serious teams and builders with experience capable of fleshing out this ecosystem.

Builders incoming 👀

https://twitter.com/Loopifyyy/status/1756282236255486144
https://twitter.com/lmrankhan/status/1756417612735541757

Just let me cook.

https://twitter.com/Pandora_ERC404/status/1756615289590911464

Motion detected

Considering this has since done a 10X in TVL and is becoming more popular, I figured I'd share some more codes since I still get the occasional DM for an invite now that the above are all used.

I'm personally depositing more since it's looking like a juicy airdrop and TVL + users are growing exponentially. If these all get used up again and anyone needs an invite feel free to ping me, but here's a fresh batch.

Congrats to those that got in on the first post, we were *very* early.

https://bouncebit.io?code=YJYCU
https://bouncebit.io?code=FWKRZ
https://bouncebit.io?code=8N5LH
https://bouncebit.io?code=W2GJO
https://bouncebit.io?code=4MMUU
https://bouncebit.io?code=OHVEH
https://bouncebit.io?code=ZD7HI
https://bouncebit.io?code=P86FF
https://bouncebit.io?code=ENTSP
https://bouncebit.io?code=G7P4V

All of these are used again, but TVL and users are still skyrocketing so more codes

https://bouncebit.io?code=5VSCL
https://bouncebit.io?code=W2GJO
https://bouncebit.io?code=KSABJ
https://bouncebit.io?code=MRGQZ
https://bouncebit.io?code=A6TOD
https://bouncebit.io?code=2EP8P
https://bouncebit.io?code=ME0UD
https://bouncebit.io?code=WZ6MA
https://bouncebit.io?code=LFNN6
https://bouncebit.io?code=GV6LW

Also re: Whirl if you bought you are up bigly
Also re: RSC if you bought you are up bigly
Also re: PANDORA if you bought you are up bigly
Also re: RLB if you bought you are up

The points trend was mostly a huge waste of time for those that farmed everything that popped up, but there are a few sleepers that people are underestimating. If there's one you absolutely shouldn't fade, it's this one.

Category: Airdrops

HyperLiquid

Analysis

Hyperliquid is an order-book based perp dex which uses its own purpose-built L1 to offer perps for a suite of over 100+ assets. The HyperLiquid L1 can handle 20k TPS / OPS and all actions on the platform are handled with an impressive block latency of <1 second.

The team, led by chameleon_jeff, is self-funded and has taken no external capital. There are no paid market makers and the dev team collects no fees.

Hyperliquid has a points system which launched November 1st 2023 and will last 6 months, meaning there is still plenty of time to earn points. 1 million points are distributed per week.

The exact criteria for earning points are not publicized and change weekly but it is clear that trading volume is the most important. LPing to HLP also earns points but imo it is no longer worth it if all you care about it points. However, I have maintained my deposits simply because the HLP APR has been highly profitable. Some other potential factors for points include: profitability, open interest, fees paid, liquidations.

My recommendation is that you do these two things.

1. Only use HyperLiquid when it's a feasible option, it's a good platform so as long as it supports pairs you want to trade, there's no downside here and you're earning points on top of your usual activity.

2. In addition to 1, generate as much volume as possible without actually exposing yourself to risk. Now that markets are closer to easy mode, this isn't difficult to do if you have a substantial amount of capital. Take large directional bets on majors on low leverage, etcetera. Farm points aggressively.

There is an absurd amount of potential for more to be built on top of what HyperLiquid has already shipped, and frankly the reason I'm this bullish has less to do with the above and more to do with the fact that the people in my circles that are always early to big opportunities and have insider knowledge have been asking me to sell them my Hyperliquid points and they haven't been very good at masking how eager they are to get their hands on them. There's already a substantial secondary market for these points and I expect this airdrop to end up printing, similar to Bouncebit.

Don't spread yourself thin farming every single thing that pops up. Stick to things worth your time that aren't absurdly -ev to farm. For me, that's BounceBit / HyperLiquid / Blast / Cosmos ecosystem stuff.

Use https://app.hyperliquid.xyz/join/CTRL for a 4% discount and start farming this shit. If you're in a geolocked location use a VPN (I like ExpressVPN). Also considering starting a Hyperliquid vault soon for anyone interested.

Don't fade.

Links

Sign up

https://app.hyperliquid.xyz/join/CTRL

Twitter

https://twitter.com/HyperliquidX

Risk

1/10

Up over 400% 🎉

Too busy with Pandora to write calls like this rn but next Whirl is $ZKML imo

Took profits off whirl and rotated here last night
https://dexscreener.com/ethereum/0x315ed60258702f8d159b98df4c0dbeb1d7d776df
https://zkml.systems/

Study Crowd Ctrl 📈

Gm

ZKML up about 50% since this post while Whirl is sideways

Good rotation