was playing around w the fan.tech app and realised that they’re about to launch a point system similar to friend tech as well
imo the airdrop for $FAN should be fairly big for a few reasons:
1) Mantle recently launched the $200m eco fund to support projects + incentivise users to use the chain
2) Mantle is in NEED of a winner. MJ ongoing but no visible uptick in TVL -> people aren’t interested
3) Mantle is betting on SocialFi to be their big break
Bonus: idt i’ve seen DefiMaestro pushing for a project that hard before
prev post on fan.tech: https://news.1rj.ru/str/cryptomumbles/4950
…
imo the airdrop for $FAN should be fairly big for a few reasons:
1) Mantle recently launched the $200m eco fund to support projects + incentivise users to use the chain
2) Mantle is in NEED of a winner. MJ ongoing but no visible uptick in TVL -> people aren’t interested
3) Mantle is betting on SocialFi to be their big break
Bonus: idt i’ve seen DefiMaestro pushing for a project that hard before
prev post on fan.tech: https://news.1rj.ru/str/cryptomumbles/4950
…
…
my thoughts:
FanTech is clearly smoother/cleaner in UI/UX as compared to FT (still a derivative, yes). I’m guessing Mantle will be heavily backing FanTech given points (2) and (3) through funding $$ from the fund to incentivise people to farm the airdrop.
Wont be surprised if somewhere down the road Mantle announces a 7-digit funding for FanTech (smol fraction of their treasury and eco fund) -> users flocking to farm $FAN. Yieldfarm just like FT amiright?
FT was dying until the $7m Paradigm funding announcement came about. People started bridging funds into Base. It was the spark needed for users to overcome their inertia of bridging into a new chain to try/farm FT.
imo fantech still needs a bigger differentiating factor, something unique to be different from FT. if not idt they’ll be around for that long just like the other derivatives of FT. among all the FT forks, i think FanTech has the best chance of coexisting as of rn. so looking forward to see what changes from here.
my stance rn is to gain some exposure with <$100 on FanTech to farm interactions first before deciding to allocate more
still some FanTech codes avail:
fan-reunion-neck-rail
fan-turn-frozen-episode
fan-other-marble-woman
fan-time-stand-latin
fan-goose-tunnel-neglect
fan-across-stage-upgrade
seeya there 🤝🏼🫡
my thoughts:
FanTech is clearly smoother/cleaner in UI/UX as compared to FT (still a derivative, yes). I’m guessing Mantle will be heavily backing FanTech given points (2) and (3) through funding $$ from the fund to incentivise people to farm the airdrop.
Wont be surprised if somewhere down the road Mantle announces a 7-digit funding for FanTech (smol fraction of their treasury and eco fund) -> users flocking to farm $FAN. Yieldfarm just like FT amiright?
FT was dying until the $7m Paradigm funding announcement came about. People started bridging funds into Base. It was the spark needed for users to overcome their inertia of bridging into a new chain to try/farm FT.
imo fantech still needs a bigger differentiating factor, something unique to be different from FT. if not idt they’ll be around for that long just like the other derivatives of FT. among all the FT forks, i think FanTech has the best chance of coexisting as of rn. so looking forward to see what changes from here.
my stance rn is to gain some exposure with <$100 on FanTech to farm interactions first before deciding to allocate more
still some FanTech codes avail:
fan-reunion-neck-rail
fan-turn-frozen-episode
fan-other-marble-woman
fan-time-stand-latin
fan-goose-tunnel-neglect
fan-across-stage-upgrade
seeya there 🤝🏼🫡
Decentralized Identifiers =/= Decentralized Identities
https://x.com/nembal/status/1706411815981174913?s=20
https://x.com/nembal/status/1706411815981174913?s=20
X (formerly Twitter)
Balázs Némethi (@nembal) on X
1/ Dear @brian_armstrong,
Armstrongb.eth
You do not own this.
You do not control this.
Yet, this @ensdomains name resolves to your address.
Most importantly, you cannot do anything about it.
I own and control it.
Identifiers are not identities. Let…
Armstrongb.eth
You do not own this.
You do not control this.
Yet, this @ensdomains name resolves to your address.
Most importantly, you cannot do anything about it.
I own and control it.
Identifiers are not identities. Let…
Bitcoin officially recognized as a unique digital currency in Shanghai People's Court, China.
https://twitter.com/WatcherGuru/status/1706397736247931084
https://twitter.com/WatcherGuru/status/1706397736247931084
X (formerly Twitter)
Watcher.Guru on X
JUST IN: 🇨🇳 #Bitcoin officially recognized as a unique digital currency in Shanghai People's Court, China.
Celestia Genesis Airdrop
check here: https://genesis.celestia.org/
snapshot was taken 1 Jan '23
https://x.com/CelestiaOrg/status/1706671239572676881?s=20
check here: https://genesis.celestia.org/
snapshot was taken 1 Jan '23
https://x.com/CelestiaOrg/status/1706671239572676881?s=20
X (formerly Twitter)
Celestia 🦣 (@celestia) on X
Initiating Genesis Drop
https://t.co/jd6OwoNktc
https://t.co/jd6OwoNktc
👍1
a quick read on Hyperliquid
https://mirror.xyz/0x96180412FC710361f77AbFb1e02DFA60F87BDfE6/bPihApbvuh2WFMMLW0sEZeX-LM5IdEzSb7L4M5OOMeA
https://mirror.xyz/0x96180412FC710361f77AbFb1e02DFA60F87BDfE6/bPihApbvuh2WFMMLW0sEZeX-LM5IdEzSb7L4M5OOMeA
mirror.xyz
HyperLiquid - dYdX of this cycle ? (part 1)
HyperLiquid stands out as a cutting-edge perpetual futures decentralized exchange, redefining how traders experience the crypto market. It operates on custom-built blockchain powered by Tendermint consensus, ensuring lightning-fast execution of every order…
🔥1
What is Fully Homomorphic Encryption and why is it the next big thing?
#reads FHE
https://x.com/0xidanlevin/status/1706770995753918765
#reads FHE
https://x.com/0xidanlevin/status/1706770995753918765
A review of Airdrop and Liquidity Mining by SixDegree: Retention
- Airdrops have an average churn of 80% after four months even for top protocols
- Selected airdrops including 1inch, Uniswap, Optimism, Arbitrum and ParaSwap have a retention rate under 20% after four months and under 15% after 12 months
- The churn slowed down after the four month and remained stable for the best ones (e.g. Optimism) or continued to decrease for the less quality ones
- A good airdrop strategy can prevent the token holding rate from entering a long-term decline.
- Optimism's Airdrop Round 2 is a notable example where the holding rate curve of saw a noticeable increase on 2023-02-09 related to their Airdrop Round 2. Airdropped users are holding OP!
- We recommend protocols not to do one major airdrop and instead to have many microairdrops using data-driven strategy to build a strong holder base
#reads airdrop
https://mirror.xyz/sixdegreelab.eth/nGmyboqdizYHN53lKfKgTi97SCfbogF_2ysu8cMg6zk
- Airdrops have an average churn of 80% after four months even for top protocols
- Selected airdrops including 1inch, Uniswap, Optimism, Arbitrum and ParaSwap have a retention rate under 20% after four months and under 15% after 12 months
- The churn slowed down after the four month and remained stable for the best ones (e.g. Optimism) or continued to decrease for the less quality ones
- A good airdrop strategy can prevent the token holding rate from entering a long-term decline.
- Optimism's Airdrop Round 2 is a notable example where the holding rate curve of saw a noticeable increase on 2023-02-09 related to their Airdrop Round 2. Airdropped users are holding OP!
- We recommend protocols not to do one major airdrop and instead to have many microairdrops using data-driven strategy to build a strong holder base
#reads airdrop
https://mirror.xyz/sixdegreelab.eth/nGmyboqdizYHN53lKfKgTi97SCfbogF_2ysu8cMg6zk
mirror.xyz
Chapter 1: Retention - A review by SixDegree of Airdrop and Liq…
00\. Summary for Twitter
A review of Airdrop and Liquidity Mining by SixDegree: CAC
- We find out that airdrop CAC range from $1,000 to $10,000
- Such CAC is much higher than traditional financial institutions at $50 to $1500. This reflects the crypto market's focus on early adopters and its smaller TAM.
- Most protocols do not pay much attention to CAC as they simply see it as a way to build a strong community and bootstrap their network in the early days.
- Though we agree it is also important to have an understanding of it and iterate on token distribution using quick feedback loops with systems such as onchain quests in order to avoid growth challenges.
- We recommend protocols not do to one major airdrop and instead to have many microairdrops using data-driven strategy to build a strong holder base
#reads airdrop
https://mirror.xyz/sixdegreelab.eth/cwW_ixKUN0cMmDeJp67r4F2b53H0fMzS_BG22FCapCs
- We find out that airdrop CAC range from $1,000 to $10,000
- Such CAC is much higher than traditional financial institutions at $50 to $1500. This reflects the crypto market's focus on early adopters and its smaller TAM.
- Most protocols do not pay much attention to CAC as they simply see it as a way to build a strong community and bootstrap their network in the early days.
- Though we agree it is also important to have an understanding of it and iterate on token distribution using quick feedback loops with systems such as onchain quests in order to avoid growth challenges.
- We recommend protocols not do to one major airdrop and instead to have many microairdrops using data-driven strategy to build a strong holder base
#reads airdrop
https://mirror.xyz/sixdegreelab.eth/cwW_ixKUN0cMmDeJp67r4F2b53H0fMzS_BG22FCapCs
mirror.xyz
Chapter 2: CAC - A review by SixDegree of Airdrop and Liquidity …
Summary
A study of Arbitrum’s STIP and Top Plays by Ouroboros
https://ouroborosresearch.substack.com/p/arbitrum-ants-are-back-for-the-50m
https://ouroborosresearch.substack.com/p/arbitrum-ants-are-back-for-the-50m
Ouroboros’s Substack
Arbitrum Ants are back for the 50m ARB. Top plays: plsARB, GND, JONES, GRAIL.
We look at the top beneficiaries of Arbitrum's 50m ARB incentive program.
Comparison between DA layers
#reads DA
https://forum.celestia.org/t/a-comparison-between-da-layers/899
#reads DA
https://forum.celestia.org/t/a-comparison-between-da-layers/899
Celestia Forum
A comparison between DA layers
Rollups emerged as a solution to scale layer 1s. As it turns out, rollups also need some help with scaling. In particular, rollups can gain higher throughput capacity with access to more data availability. Of course, there is now a broad spectrum of solutions…
always a supporter of innovative ideas in this space
but why are we trying to add -Fi to everything when there isn't a need to?
dating apps are already skewed enough in its current web2 state, not sure how adding a -Fi aspect would make it better
https://x.com/tradergirlsuki/status/1706815611613950418?s=20
but why are we trying to add -Fi to everything when there isn't a need to?
dating apps are already skewed enough in its current web2 state, not sure how adding a -Fi aspect would make it better
https://x.com/tradergirlsuki/status/1706815611613950418?s=20
X (formerly Twitter)
Suki Yang 🧚♀️ hiring dev & marketer on X
Someone should create a web3 dating app that:
Social media KYC-ed(like Twitter, IG) users can deploy their own dating liquidity pool. If you LP into someone’s pool, you get staking rewards based on how early you are on the bonding curve. It’ll be gated tiers…
Social media KYC-ed(like Twitter, IG) users can deploy their own dating liquidity pool. If you LP into someone’s pool, you get staking rewards based on how early you are on the bonding curve. It’ll be gated tiers…