Web3 Torch 🔦
✨💯 Attention Hunters🫡 Many Of you heard About " Sybil" Right... So how it actually work for future big drops 🤔🤔How Arbitrum eliminated Bots🤔 Many Questions are yet to be answered ❓ Coming back to you tomorrow with my great insights & anylysis 💯🫡
✨🫡This 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 🫡...Must Read it carefully and Don't hesitate to share it with your crypto Friends 👏
✨Sybil - A single entity creates many fake identities in order to gain more free tokens (Airdrop)
⁉️HOW PROJECTS IMPLEMENT SYBIL RESISTANCE ALGORITHM TO CATCH SYBILS & HOW ITS GOING TO BE IN FUTURE 🤫
▪️ 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:
•All 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)
•Has a balance < 1 token cent on the day of the snapshot and has not interacted with more than one smart contract
•Has a balance < 0.005 ETH cent on the day of the snapshot
•if Airdrop recipient's Wallet has been indentified as a Sybil in previous Airdrop,That recipient is disqualified
▪️ Recently Connext $NEXT Announced airdrop they also used points system addition with User Transaction Value (number 🔢 of transfers made by users & the average value of their transactions💲)
•Transferred 5 or more times with an average value of at least $15 per transaction (calculated across all transactions) and a total volume exceeding $200.
•Provided 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$
🫡Jumping To Next Question 🤯🔥Most Important (Someone Said: Prevention is better than cure ✨)
▫️ 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
▫️Act like a degen, not an airdrop hunter
(Don't Spam Txns , Distribute it in several weeks or month )
▫️Prefer Native Bridge For Deposit of your assets & Choose alternate Tokenless Cross Chain Bridge for Withdraw or while sending it to different network
@Web3Torch
✨Sybil - A single entity creates many fake identities in order to gain more free tokens (Airdrop)
⁉️HOW PROJECTS IMPLEMENT SYBIL RESISTANCE ALGORITHM TO CATCH SYBILS & HOW ITS GOING TO BE IN FUTURE 🤫
▪️ 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:
•All 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)
•Has a balance < 1 token cent on the day of the snapshot and has not interacted with more than one smart contract
•Has a balance < 0.005 ETH cent on the day of the snapshot
•if Airdrop recipient's Wallet has been indentified as a Sybil in previous Airdrop,That recipient is disqualified
▪️ Recently Connext $NEXT Announced airdrop they also used points system addition with User Transaction Value (number 🔢 of transfers made by users & the average value of their transactions💲)
•Transferred 5 or more times with an average value of at least $15 per transaction (calculated across all transactions) and a total volume exceeding $200.
•Provided 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$
🫡Jumping To Next Question 🤯🔥Most Important (Someone Said: Prevention is better than cure ✨)
▫️ 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
▫️Act like a degen, not an airdrop hunter
(Don't Spam Txns , Distribute it in several weeks or month )
▫️Prefer 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 🔦
✨🫡This 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 🫡...Must Read it carefully and Don't hesitate to share it with your crypto Friends…
🙂✨ I started My Journey with UniSwap $UNI ( The King Maker, Airdrop Season Introducer )
🌠Fun Fact: Airdrop story started with Uniswap $UNI #Defi
🧵🌈Profit: 400 $UNI ($1360 at the time of airdrop and $17200 at ATH).
🙂 Date: September 2020 (Ps: CryptoInfluence)
🌠Fun Fact: Airdrop story started with Uniswap $UNI #Defi
🧵🌈Profit: 400 $UNI ($1360 at the time of airdrop and $17200 at ATH).
🙂 Date: September 2020 (Ps: CryptoInfluence)
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Web3 Torch 🔦
📢Mode- the OP Stack L2 Designed Solution 🫡✨ Mostly In Layer2 Testnet Does not play a important role ..But Someone Said me once : " Being Early & Act early May unlock the possible perks" 🌝 🫡Let's Try it Out -Get Sepolia Faucet: https://sepoliafaucet.com/…
😳🤷Big Statement Coming From MODE NETWORK
$MODE IS CONFIRMED 🫡🫡
$MODE IS CONFIRMED 🫡🫡
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✨🫡Krafton, the game studio behind PUBG, will launch a Cosmos-based blockchain Settlus (Similar framework Sei using)
🌈😎 Testnet will Go live in Early 2024
@Web3Torch
🌈😎 Testnet will Go live in Early 2024
@Web3Torch
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Web3 Torch 🔦
✅👀One Confirmed From My list ❤️❤️ $NEXT & If You made 5+ Bridge in Connext You were eligible too..This is not surprising.. Frequency is nedded to Grab Big fish 🐟🐟 20 MORE LEFT ✨😉
😳😳🔥 Breaking : $NEXT listed at uniswap & Currently trading at 0.50$ Each..
Claiming goes live in one and a half hours
🔗 https://airdrop.connext.network/claim/52. (Congratulation🔥If you made. It..)
Claiming goes live in one and a half hours
🔗 https://airdrop.connext.network/claim/52. (Congratulation🔥If you made. It..)
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Web3 Torch 🔦
✨🫡This 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 🫡...Must Read it carefully and Don't hesitate to share it with your crypto Friends…
Anyone 🤔Jinko samaj nhi aaya wo message ek baar jarur read kijiye
Ya or kuch hai jo samaj nhi aaya toh comment kariye🫡
Ya or kuch hai jo samaj nhi aaya toh comment kariye🫡
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Web3 Torch 🔦
❤📣🙏EARN 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,🤫😳 ▪️Magpie (✅Tokenless) https://beta.magpiefi.xyz/swap…
✨Latest Quick Update On Our Tokenless Dapps 🔥🔥
•Cashmere Mainnet is scheduled to go live in Q4
•Magpie in collaboration with Layer3 launched its first campaign - https://layer3.xyz/quests/cross-chain-swap-with-magpie
•If you Delegated Your $MNT earlier..you can now vote on thier latest proposal to gain 50 MJ points :https://snapshot.org/#/bitdao.eth
@Web3Torch 🌈
•Cashmere Mainnet is scheduled to go live in Q4
•Magpie in collaboration with Layer3 launched its first campaign - https://layer3.xyz/quests/cross-chain-swap-with-magpie
•If you Delegated Your $MNT earlier..you can now vote on thier latest proposal to gain 50 MJ points :https://snapshot.org/#/bitdao.eth
@Web3Torch 🌈
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Web3 Torch 🔦
📢Mode- the OP Stack L2 Designed Solution 🫡✨ Mostly In Layer2 Testnet Does not play a important role ..But Someone Said me once : " Being Early & Act early May unlock the possible perks" 🌝 🫡Let's Try it Out -Get Sepolia Faucet: https://sepoliafaucet.com/…
🙂🙂MODE- WEEK 5 QUEST🤩
🔗https://galxe.com/mode/campaign/GCYDJUHBin
*This event is on MODE Testnet *
@Web3Torch
🔗https://galxe.com/mode/campaign/GCYDJUHBin
*This event is on MODE Testnet *
@Web3Torch
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Web3 Torch 🔦
✨OPTIMISTIC ROLLUPS vs ZK ROLLUPS •Arbitrum •Zksync •Optimism •Starknet •Base •DyDxChain •Zora •PolygonZkEVM •PGN. …
✨🫡Kroma -A optimistic Based Layer2 🎉
🚀Add Network: https://chainlist.org/chain/255
◾BRIDGE YOUR ETH TO KROMA
🔗
https://kroma.network/bridge
😋😋Claim Thier Genesis NFT : https://kroma.network/ecosystem/experience/nft
@Web3Torch
🚀Add Network: https://chainlist.org/chain/255
◾BRIDGE YOUR ETH TO KROMA
🔗
https://kroma.network/bridge
😋😋Claim Thier Genesis NFT : https://kroma.network/ecosystem/experience/nft
@Web3Torch
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Web3 Torch 🔦
🫡🔥 Complete This Free Quest. it will take only 2-3 Sec to complete If you made 1 txns on #Zksync Era🌝 🔗 https://layer3.xyz/quests/a-zksync-era 👀✨ Additional Try to complete Free Quest as much you can🫡🫡
Have you transacted on @LineaBuild🫡
We've got a surprise for you! ✨ 🎉
https://layer3.xyz/quests/explore-linea-with-layer3
We've got a surprise for you! ✨ 🎉
https://layer3.xyz/quests/explore-linea-with-layer3
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Web3 Torch 🔦
✨🫡Kroma -A optimistic Based Layer2 🎉 🚀Add Network: https://chainlist.org/chain/255 ◾BRIDGE YOUR ETH TO KROMA 🔗 https://kroma.network/bridge 😋😋Claim Thier Genesis NFT : https://kroma.network/ecosystem/experience/nft @Web3Torch
😋📣We have some Hidden Insights about #Kroma $KRO
✨Kroma will start minting its native token KRO mid-2024
✨Its Tokenomics includes mechanisms for zero-start distribution with no pre-minting or pre-mining. A new block is generated every two seconds, and a KRO is minted and distributed to users and dApps as rewards.
✨10% of KRO will be distributed to the WEMIX communities in various ways including as rewards to WEMIX stakers,
✨Kroma will start as a chain for game-onboarding, and Night Crows will be serviced on the chain.
@Web3Torch "Enlightening The Web3 "
✨Kroma will start minting its native token KRO mid-2024
✨Its Tokenomics includes mechanisms for zero-start distribution with no pre-minting or pre-mining. A new block is generated every two seconds, and a KRO is minted and distributed to users and dApps as rewards.
✨10% of KRO will be distributed to the WEMIX communities in various ways including as rewards to WEMIX stakers,
✨Kroma will start as a chain for game-onboarding, and Night Crows will be serviced on the chain.
@Web3Torch "Enlightening The Web3 "
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