Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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Crypto Mumbles
info on airdrop: https://medium.com/hmx-org/announcing-the-launch-of-hmx-public-open-beta-governance-token-airdrop-plan-for-participants-1cd5352b8bc8 trading in the beta app + completing zealy quests will qualify you for the airdrop in September
HMX airdrop results are out

claimable on 10 September

quite pleased w my airdrop, I got about ~4x

note that the airdrop is in $esHMX, hence there is a one year vesting schedule

will start vesting early so that when the bullrun comes i'll be able to cash out

that said, i don't think i need to allocate to HMX anymore given this esHMX airdrop and in any case i'm being forced to hold for 1y

happy to do so since i'm bullish on HMX as well

lfg
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based on what I'm reading in the HMX chat, some whales were unhappy they received zero allocation for the esHMX airdrop despite doing high volumes

but it was because they completely missed deadlines...

and so they rage dumped their HMX tokens

current PA could also possibly be due to:
1. people exiting their LP (hence selling HMX) after the airdrop results are out
2. after receiving fat airdrop allocation, investors selling off liquid HMX given that they have enough esHMX as exposure
3. bear market tingz

will continue observing metrics to decide if they were inflated from the airdrop and will sell off my liquid HMX if needed

important date to note: 10 September 2024 when the first batch of airdrop esHMX fully vests
HMX just crossed $2b in cumulative volume

currently still remains 2nd behind dydx in vol
moving on to farming the next perp dex airdrop

Hyperliquid

you'll probably recognise hyperliquid as the degen perp dex that trades FRIEND (friendtech) and the most recent ZRO hyperp

imo Hyperliquid's positioning will be as a memecoin/degen index perp dex which makes it stand out from competitors

just as how telegram bots ride on memecoin sniping, Hyperliquid will ride on memecoin perps/degen indices and perp dex narrative

Hyperliquid runs on its custom built L1 that is focused on running a perp dex. It uses a tuned version of Tendermint, but does not rely on Cosmos SDK.

Trading thus far has been gasless, making it quite a smooth experience. Gas is only required during deposit/withdrawal which takes place on Arbitrum (only USDC.e is accepted for now).

I participated in some vaults as well to increase my airdrop chances. Will be moving to trade on Hyperliquid for now.

It is currently in mainnet alpha and requires a referral code to access.

Ref (much appreciated):
https://app.hyperliquid.xyz/join/CM

or use my ref code "CM"

If you missed HMX airdrop, highly recommended to try for this one. Open positions for ~10mins and close, deposit into vaults, etc.

don't fade free money frens

docs
app
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Hyperliquid teasing an airdrop here

h/t Rokudo
Forwarded from Gong Jiao Wei 巩娇玮
web3 wallet under grab
sg frens be sure to update your Grab app to the latest version to check out the new web3 wallet feature !

super cool and i’m q excited to see how this goes 🤠😩

let’s bring in the normies
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Crypto Mumbles
Photo
after exploring for a bit, seems like this feature is mainly for the upcoming F1 event in sg

the NFT vouchers are available to be used w select merchants and you have to first buy the NFT vouchers from Fave

by sending your NFT to the merchant, you'll redeem your discount

nothing much other than that, so idt many people will be using this feature aka no normies

a hint of how companies will incorporate web3 in the future and how it'll be integrated into our daily lives

cool nonetheless
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