WTF is Booga Hive?🍯
This is a place where the unexpected is rewarded👻
There are rules, but they are not there🫡
This is a place for those who are tired and those whose deposit is in the red🩸
Don't expect much and get everything🫣
Stay tuned, it's coming🐻⛓️🐝
The day after the Halving:
Did you expect life change to happen?🤣
Instead, we've got Bitcoin fees high as penthouse rent, Bitcoin's growth stagnant. Where is x2?😑
Altcoins? They're still snoozing, not even making x10🤥
Drop from Tier-1? Ha-ha😭
Oh, the anticipation!🐝
📱🌿Meet Dollet!
• With Swap, Bridge, and DeFi functionality
• Supports more than 10 chains
• Easy to use, with everything you need right in your pocket: buy, send, and receive crypto with just a few taps!
Download the app from the link in our bio to create your Dollet Wallet.
🌱 Seed the Future. With the trusted guide to crypto.
🇺🇦 Ukrainian community, let's gather!
💫 Join an AMA with @KumekaTeam and @DolletWallet.
Set your reminders!
📅 March 6th | 16:00 UTC, 18:00 GMT+2
📌 Discord: https://t.co/v0LXVS7G7a
Language: Ukrainian
Prepare your questions, and see you there.
🔥 New Listings Alert! Discover @b0rder1ess - your portal to the NAP protocol in NFTxDeFi. More than a platform, it's a Web3 liquidity revolution. With NAP, b0rder1ess is setting new benchmarks, outdoing ERC404 standards.
⚡️Twitter score: 176
⚡️Total tokens supply: 10,000
⚡️Mint chain: Polygon
Partners: Polygon Labs, A.D.E.D., The NFT Daily, AX1
💜 Users on the whitelist will get a 10% discount during the mint, before the public sale.
Take a chanсe to get free whitelist spots: https://t.co/hUNEgr812i
Don't rely on luck, buy WL spot with confidence here: https://t.co/OgOcZIplH2
#Whitelist X #b0rder1ess 🚀
Earn in Crypto Garden Campaign! 🌱🪙
Exclusive for Early Birds Community. Up to 400 USDT per user! Get rare Dollet NFTs for potential future drops.
Join now https://t.co/No6I2jF8SF
How to participate 👇
One more week remains for the inaugural Dark Frontiers PVP tournament!
The top players are neck and neck fiercely for the prestigious first-place prize.🏆
Don’t worry though there will be more tournaments and mini events too, so be sure to participate there as well!🔥
#GameFi #Web3Gaming
Estimating the value of the EigenLayer airdrop
Around two weeks ago I built a calculator for estimating the EigenLayer airdrop.
I've been waiting to post it as I have been testing how the numbers develops over time. I feel fairly confident with it now.
A quick 3-min read:
===============
#1 Estimating points/day/ETH
The EigenLayer caps are opening again here in Jan so now is a good time to try and estimate whether this is worth depositing ETH into.
Estimating the points per day per ETH is what I have been testing in particular for the past few weeks.
You can calculate this by inputting your ETH deposited, points accumulated and length of deposit (Etherscan shows number of days ago you deposited).
After testing this over the past weeks, it seems you get ~20-25 points per day per ETH deposited into EigenLayer
===============
#2 Estimating the TVL and points growth
With deposits being capped most of the time, I estimated a 70% TVL growth which means EigenLayer grows from 657k ETH to 1,118k ETH.
This might be slightly to the conservative side given recent leveraged strategies on @pendle_fi and general excitement.
Currently, there are roughly 965m points in circulation. With the above predictions and estimations, and assuming snapshot happens in 180 days, this will grow to ~4.7b points.
===============
#3 Estimating the airdrop
Let's now estimate the airdrop. I've put in an $EIGEN FDV of $15b, which is pretty conservative given $TIA is trading at an FDV of $20b.
If 7% of the supply is airdropped, the total $EIGEN airdrop will be worth $1.05b. In a bull market this could likely be higher however.
With this in mind, 1 point will be worth $0.23 at snapshot (if in 180 days).
With the values from my own wallet, this results in an airdrop of ~$43k from 40ETH deposited a month ago.
At current $ETH price, that corresponds to a 75.4% APR.
===============
#4 Comments
NOTE: This includes a LOT of assumptions and the real value will probably be pretty different (either higher or lower).
It's very difficult to estimate especially as we don't know how points are distributed excactly.
This calculator also doesn't consider potential tiers like we saw with Jito.
I think tiers are somewhat likely which causes larger deposits to receive a smaller airdrop and smaller deposits to receive a larger airdrop
===============
As always you can copy the calculator (see post below) to your own sheet to edit the numbers.
Like/RT if you enjoyed this moon-math/astrology/speculation on the $EIGEN airdrop.
Not financial advice!
🚀 Dive into the Playbux Pre-Listing Event!
Your chance to win a share of $100,000 USDT and 10 million PBUX is here!.
🔗 Join the excitement at https://t.co/yvdO9FTNIG💥
$PBUX @playbuxco https://t.co/kBdkIxTjeh
🚀Don't pass up the chance to win $100,000 USDT and 10 million PBUX at the Playbux Pre-Listing Event!
Do not miss this incredible event. The spotlight is on you now! 🔥
☑️Event dates: December 27, 2023 - January 23, 2024
☑️Join this event at https://t.co/6SDbQr5W4k.
#PBUX #Playbux
#BNBChain #Airdrop