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Spadez

@spadez

100 Following
19 Followers


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Spadez
@spadez
I'm ready for @plumenetwork testnet! https://x.com/plumenetwork/status/1798151422430822878 https://deform.plumenetwork.xyz/testnet?referral=X8mbxtVTDHUx
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Spadez
@spadez
Ok, I'm in the tri-farming on eigenpie for EGP, SWELL and eigen points, and I've got my Pendle+Kelp going. What else should I restake for?
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Spadez
@spadez
Is the Arbi community live on Warpcast too?
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Spadez
@spadez
I entered the workforce directly on web3, i don't have a before crypto lol Did I miss much?
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hoanh
@hoanhan
now mint your brian in your favorite color - you only mint once - each color can only be claimed once - like and recast to mint huge shoutout to @fish for the incredibly based integration! enjoy! https://fcf-brians-kohl.vercel.app/api/main
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Spadez
@spadez
Disclaimers: -> The OTC point market is volatile, it could easily go down -> Same can be said for going up though, there are already offers being filled at $0.1669, $0.1863, and even higher -> There is no guarantee that the points will be worth this money at some point or even anything at all.
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Spadez
@spadez
Converting APR to APY depends on how often you compound, but it's always higher. Compounding once every 6 months would give you a 65% APY, daily would push it up to 76.66%. Worth a long on YT-restaked ETH?
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Spadez
@spadez
Extra 💹 Pendle allows you to long or short the implied APY which going by our calculation is around 57% right now. On Pendle the implied APY is hovering between 30% and 37%.
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Spadez
@spadez
The market for Eigen Points has seen around $600,000 in total volumes so far, and the current floor is $0.1513/Point. Back to calculations with $ETH @ $2,327: 24 * $0.1513 = $3.6312 generated by 1 $ETH every 24 hours This equals to $1325.388 in a full year of restaking, or a ~56.95% APR.
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Spadez
@spadez
Whales Market is an OTC marketplace allowing to buy and sell airdrops before claim and TGE and it recently added a neat Points Market as well. Here you can buy and sell Magic Eden's Diamonds, Hyperliquid and Friend Tech points, as well as the infamous Eigen Points.
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Spadez
@spadez
Degens think so, but right now we can throw some random calculations and assumptions on a possible APR thanks to Whales Market. (Completely ignoring tech behind restacking rn, going on wild assumptions for kicks and sh*t) Estimates of points accruing at the moment 👇 ~24 Eigen Points * 1 $ETH * 24h of deposit
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Spadez
@spadez
The EigenLayer caps opened and more than $1B flowed in less than 24h bringing the total TVL over $3.5B. Will Eigen Points equals an airdrop? Here's a quick write-up to test how a thread would look like on Warpcast 🧵
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Danica Swanson
@danicaswanson
New short essay (3 min read) on value and creative labor. TL;DR: - The vast majority of pro writers don’t earn a sustainable living from their creative work. - This is a huge collective loss. - Can web3 do better? https://paragraph.xyz/@danicaswanson/writers-web3-and-earning-a-living/?referrer=danicaswanson.eth
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Spadez
@spadez
I'm blessed because selling my writing craft in Web3 earns me more than most people will ever dream of in my country, but I know I'm lucky to have found the clients I have today. I have at least a couple of friends that had to give up the Web3 writing career because of a pay too low (yet to be taxed too).
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Spadez
@spadez
Noice
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