Web3 Torch ๐ฆ
๐ฃโจBiggest Update coming From Sui Bullshatk Quest x Mysten Labs Leaderboard is now liveโจ๐โค๏ธCheck your rank.. (Users Already made 20-3000$ from Quest 1) ๐As of now, eligible participants of the second reward pool could win up to ~59 SUI (35$)
๐ฏ๐คฏLAST 2 DAYS LEFT FOR SUI BULLSHARK QUEST TO CONCLUDE ๐ซก
CURRENT REWARDS FOR EACH USER : 12 SUI (6$)
CURRENT REWARDS FOR EACH USER : 12 SUI (6$)
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Web3 Torch ๐ฆ
โจ๐ฏ Attention Hunters๐ซก Many Of you heard About " Sybil" Right... So how it actually work for future big drops ๐ค๐คHow Arbitrum eliminated Bots๐ค Many Questions are yet to be answered โ Coming back to you tomorrow with my great insights & anylysis ๐ฏ๐ซก
โจ๐ซกThis is Manish - A Web3 Enthusiast working in Crypto since 2019 nd today I am Going To share you some insights of "Sybil" How it will impact Future Drops & Many more Questions ๐ซก...Must Read it carefully and Don't hesitate to share it with your crypto Friends ๐
โจSybil - A single entity creates many fake identities in order to gain more free tokens (Airdrop)
โ๏ธHOW PROJECTS IMPLEMENT SYBIL RESISTANCE ALGORITHM TO CATCH SYBILS & HOW ITS GOING TO BE IN FUTURE ๐คซ
โช๏ธ Let's Check the previous Sybil resistance algorithm, Arbitrum Used Nansen & Offchain Labs for Distribution of $ARB Airdrop Where they used Anti-sybil Points system to avoid bots ,Here are Those rules:
โขAll the wallet's transactions occurred within a 48 hour period (Like if Creteria is used bridge atleast 3 times. it must be not occurred within 48 hours)
โขHas a balance < 1 token cent on the day of the snapshot and has not interacted with more than one smart contract
โขHas a balance < 0.005 ETH cent on the day of the snapshot
โขif Airdrop recipient's Wallet has been indentified as a Sybil in previous Airdrop,That recipient is disqualified
โช๏ธ Recently Connext $NEXT Announced airdrop they also used points system addition with User Transaction Value (number ๐ข of transfers made by users & the average value of their transactions๐ฒ)
โขTransferred 5 or more times with an average value of at least $15 per transaction (calculated across all transactions) and a total volume exceeding $200.
โขProvided at least $1,500 in liquidity to the Connext network for a minimum of 1 day.
What You learnt here: Stop following those mf Twitter threadoors (f*** 60 Txns with 10$ )And Manage Your Average Txns Value range 25-100$
๐ซกJumping To Next Question ๐คฏ๐ฅMost Important (Someone Said: Prevention is better than cure โจ)
โซ๏ธ Including Above Algorithm, Upcoming Project will Take Help Of Arkham To Look Upon Your Cross Activity With Wallets & Exchange
Prevention: Don't cross Wallets ,In Which You Are Hunting Retrodrop
โซ๏ธAct like a degen, not an airdrop hunter
(Don't Spam Txns , Distribute it in several weeks or month )
โซ๏ธPrefer Native Bridge For Deposit of your assets & Choose alternate Tokenless Cross Chain Bridge for Withdraw or while sending it to different network
@Web3Torch
โจSybil - A single entity creates many fake identities in order to gain more free tokens (Airdrop)
โ๏ธHOW PROJECTS IMPLEMENT SYBIL RESISTANCE ALGORITHM TO CATCH SYBILS & HOW ITS GOING TO BE IN FUTURE ๐คซ
โช๏ธ Let's Check the previous Sybil resistance algorithm, Arbitrum Used Nansen & Offchain Labs for Distribution of $ARB Airdrop Where they used Anti-sybil Points system to avoid bots ,Here are Those rules:
โขAll the wallet's transactions occurred within a 48 hour period (Like if Creteria is used bridge atleast 3 times. it must be not occurred within 48 hours)
โขHas a balance < 1 token cent on the day of the snapshot and has not interacted with more than one smart contract
โขHas a balance < 0.005 ETH cent on the day of the snapshot
โขif Airdrop recipient's Wallet has been indentified as a Sybil in previous Airdrop,That recipient is disqualified
โช๏ธ Recently Connext $NEXT Announced airdrop they also used points system addition with User Transaction Value (number ๐ข of transfers made by users & the average value of their transactions๐ฒ)
โขTransferred 5 or more times with an average value of at least $15 per transaction (calculated across all transactions) and a total volume exceeding $200.
โขProvided at least $1,500 in liquidity to the Connext network for a minimum of 1 day.
What You learnt here: Stop following those mf Twitter threadoors (f*** 60 Txns with 10$ )And Manage Your Average Txns Value range 25-100$
๐ซกJumping To Next Question ๐คฏ๐ฅMost Important (Someone Said: Prevention is better than cure โจ)
โซ๏ธ Including Above Algorithm, Upcoming Project will Take Help Of Arkham To Look Upon Your Cross Activity With Wallets & Exchange
Prevention: Don't cross Wallets ,In Which You Are Hunting Retrodrop
โซ๏ธAct like a degen, not an airdrop hunter
(Don't Spam Txns , Distribute it in several weeks or month )
โซ๏ธPrefer Native Bridge For Deposit of your assets & Choose alternate Tokenless Cross Chain Bridge for Withdraw or while sending it to different network
@Web3Torch
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Web3 Torch ๐ฆ
โจ๐ซกThis is Manish - A Web3 Enthusiast working in Crypto since 2019 nd today I am Going To share you some insights of "Sybil" How it will impact Future Drops & Many more Questions ๐ซก...Must Read it carefully and Don't hesitate to share it with your crypto Friendsโฆ
๐โจ I started My Journey with UniSwap $UNI ( The King Maker, Airdrop Season Introducer )
๐ Fun Fact: Airdrop story started with Uniswap $UNI #Defi
๐งต๐Profit: 400 $UNI ($1360 at the time of airdrop and $17200 at ATH).
๐ Date: September 2020 (Ps: CryptoInfluence)
๐ Fun Fact: Airdrop story started with Uniswap $UNI #Defi
๐งต๐Profit: 400 $UNI ($1360 at the time of airdrop and $17200 at ATH).
๐ Date: September 2020 (Ps: CryptoInfluence)
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Web3 Torch ๐ฆ
๐ขMode- the OP Stack L2 Designed Solution ๐ซกโจ Mostly In Layer2 Testnet Does not play a important role ..But Someone Said me once : " Being Early & Act early May unlock the possible perks" ๐ ๐ซกLet's Try it Out -Get Sepolia Faucet: https://sepoliafaucet.com/โฆ
๐ณ๐คทBig Statement Coming From MODE NETWORK
$MODE IS CONFIRMED ๐ซก๐ซก
$MODE IS CONFIRMED ๐ซก๐ซก
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โจ๐ซกKrafton, the game studio behind PUBG, will launch a Cosmos-based blockchain Settlus (Similar framework Sei using)
๐๐ Testnet will Go live in Early 2024
@Web3Torch
๐๐ Testnet will Go live in Early 2024
@Web3Torch
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Web3 Torch ๐ฆ
โ
๐One Confirmed From My list โค๏ธโค๏ธ $NEXT & If You made 5+ Bridge in Connext You were eligible too..This is not surprising.. Frequency is nedded to Grab Big fish ๐๐ 20 MORE LEFT โจ๐
๐ณ๐ณ๐ฅ Breaking : $NEXT listed at uniswap & Currently trading at 0.50$ Each..
Claiming goes live in one and a half hours
๐ https://airdrop.connext.network/claim/52. (Congratulation๐ฅIf you made. It..)
Claiming goes live in one and a half hours
๐ https://airdrop.connext.network/claim/52. (Congratulation๐ฅIf you made. It..)
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Web3 Torch ๐ฆ
โจ๐ซกThis is Manish - A Web3 Enthusiast working in Crypto since 2019 nd today I am Going To share you some insights of "Sybil" How it will impact Future Drops & Many more Questions ๐ซก...Must Read it carefully and Don't hesitate to share it with your crypto Friendsโฆ
Anyone ๐คJinko samaj nhi aaya wo message ek baar jarur read kijiye
Ya or kuch hai jo samaj nhi aaya toh comment kariye๐ซก
Ya or kuch hai jo samaj nhi aaya toh comment kariye๐ซก
โค1
Web3 Torch ๐ฆ
โค๐ฃ๐EARN FOREVER Going to Reveal its ruling projects which we are using since early days & it really helps us to make our crypto journey easier.. But Wait here is the Cache..unfortunately All are Tokenless,๐คซ๐ณ โช๏ธMagpie (โ
Tokenless) https://beta.magpiefi.xyz/swapโฆ
โจLatest Quick Update On Our Tokenless Dapps ๐ฅ๐ฅ
โขCashmere Mainnet is scheduled to go live in Q4
โขMagpie in collaboration with Layer3 launched its first campaign - https://layer3.xyz/quests/cross-chain-swap-with-magpie
โขIf you Delegated Your $MNT earlier..you can now vote on thier latest proposal to gain 50 MJ points :https://snapshot.org/#/bitdao.eth
@Web3Torch ๐
โขCashmere Mainnet is scheduled to go live in Q4
โขMagpie in collaboration with Layer3 launched its first campaign - https://layer3.xyz/quests/cross-chain-swap-with-magpie
โขIf you Delegated Your $MNT earlier..you can now vote on thier latest proposal to gain 50 MJ points :https://snapshot.org/#/bitdao.eth
@Web3Torch ๐
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Web3 Torch ๐ฆ
๐ขMode- the OP Stack L2 Designed Solution ๐ซกโจ Mostly In Layer2 Testnet Does not play a important role ..But Someone Said me once : " Being Early & Act early May unlock the possible perks" ๐ ๐ซกLet's Try it Out -Get Sepolia Faucet: https://sepoliafaucet.com/โฆ
๐๐MODE- WEEK 5 QUEST๐คฉ
๐https://galxe.com/mode/campaign/GCYDJUHBin
*This event is on MODE Testnet *
@Web3Torch
๐https://galxe.com/mode/campaign/GCYDJUHBin
*This event is on MODE Testnet *
@Web3Torch
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