NYAN farm is on. 10M ZIP will be distributed over 90 days.
1. Use https://t.co/kgDgOmmvUM to bridge NYAN from Arbitrum to Optimism
2. Stake NYAN on the farm page https://t.co/7Jst7WxmaI
Eth to pay for transactions on Optimism is required.
Long promised NYAN farming for ZIP starts in ~25 hours: 08:00 UTC (03:00 EST), 26 Jan 2022. You can deposit before it starts.
https://t.co/7Jst7WxmaI
Farming will distribute 10M ZIP over 90 days.
Use https://t.co/rfxrXsU9dY to bridge NYAN to Optimism.
Simple Arbitrum->Optimism NYAN bridge interface:
https://t.co/EfQ82pj8j1
In case of no unexpected problems, ZIP farming with bridged NYAN should start in 24h-48h.
To send NYAN to Optimism, switch to Arbitrum in Metamask/other web3 wallet/, then switch to Optimism to claim.
@bitsplaining @platocrat 2/2
- paying eth fee to withdraw from the Arbitrum bridge
- paying eth fee to deposit into Optimism
- way more contract side work
it just isn't worth it imo
@bitsplaining @platocrat 1/2 It's a simple custodial bridge that has a server sign the state from other blockchains (technically - working just as an oracle).
In theory, it's possible to make a non-custodial bridge between Arbitrum and Optimism - but would require:
- 7 day wait to withdraw from Arbitrum
There's a 2 minute confirmation time after the most recent deposit on Arbitrum.
Written on the base of the Arbinyan site code and meant to be replaced by a more advanced one soon. Currently unidirectional (Arbitrum->Optimism).
Are you launching a new @optimismPBC project with a token, or already have one? Choose ZipSwap as your main dex to get some ZIP rewards!
The farming contract supports double token (or more) rewards. Join the discord and msg nyannyan#0953 to talk
Ethereum layer-2s are heating up but people still complain about high gas fees. If you use @Zip_swap to trade on @optimismPBC, it costs 30% less than Uniswap. It’s even slightly cheaper than an ETH transfer. How is it possible? A thread🧵
The ILO has ended with 1100.09 ETH acquired!
The ZIP-ETH pool was successfully spawned and ZIP claims are working.
Farming starts in several hours (4h-6h) for the following pools:
ETH-USDC (40% of emissions)
ETH-DAI (40%)
ETH-WBTC (20%)
1M ZIP rewards for the first week.
Which means that waiting for the last minute isn't safe - if you want to go in, do it now. Unfortunately timer on the site is only a continuous approximation for discrete time jumps on Optimism - but it's actual underlying block time that decides when the ILO is over.
1021 ETH, about 50 minutes left.
As time is ticking to 0, internal block time jumps on Optimism start to become noticeable.
Actual block time only increases with each batch of transactions submitted to ethereum (visible at https://t.co/5WucQQiyz6) which isn't fully predictable.
Cap info
Initial circulating supply after ILO ends: 55M ZIP
At 250ETH min the 55M ZIP circulating cap is $810k
There's also ~50M ZIP in the pool, most of which is going to be burned once new pool type is added-can only enter circulating if price goes up above the last ILO price
One hour until the Initial Liquidity Provision starts.
Get in early to get the full 10% bonus!
https://t.co/Ogc48ZfQ82
(reminder: ILO and ZIP token distribution happens on Optimism)