esaulenkа

[esaulenkа @esaulenko92]

@opensea 7HVGz5UyAjqGSJhj9fAUiZQT49RGohjDhD3pzEC3RQ7b

[esaulenkа @esaulenko92]

@opensea 7HVGz5UyAjqGSJhj9fAUiZQT49RGohjDhD3pzEC3RQ7b

[esaulenkа @esaulenko92]

@monad_xyz 0x9ab6FA4B6EffF8DB04e1f35eFa15Fef3F6539e9B

[Tesla Owners Silicon Valley @teslaownersSV]

"It is possible from the physics standpoint to restore full body functionality”

Elon Musk

[esaulenkа @esaulenko92]

@elonmusk Wow

[MELANIA TRUMP @MELANIATRUMP]

The Official Melania Meme is live!

You can buy $MELANIA now.  

https://t.co/8FXvlMBhVf

FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P

[Lumi @oglumiog]

GM GM, $LUMI fam🫶

Cooking vibes. Who’s with me?

[tobi @tobific]

This x2 multiplier for using L0 post Snapshot #1 is wierd

1. Almost Nobody pushed tx post snap because they didn’t want scrutiny on their addy during the hunting phase
2. Stargate v2 eliminated aggregators which most use as muscle memory

If you really wanna reward multipliers to loyal & durable users, why not reward someone who used L0 over months (maybe 12+ months?)

The paranoia of not using L0 until the Sybil hunt was over was real and most didn't touched it

[Bryan Pellegrino (臭企鹅) @PrimordialAA]

Ok let's talk some numbers.

23.8% of the supply is going directly to the community and builders. This does not include foundation, growth, etc. Directly to community.

8.5% of this is being distributed day 1 (5% core, 3% RFP, 0.5% community pool)

The majority of the remainder will be given over the next 36 months with additional retroactive distribution every 12 months, along with some forward looking RFPs for builders.

What does distribution actually look like on day 1? We've been running a bunch of distro sims and given we haven't finalized the final sybil #s or the final RFP #s it's a bit hard to say exactly but a general shape is emerging.

These are before ANY sybil removal and ignoring any RFPs. I've toned down the number distributed in this to 7.5% to account for non-overlapping RFP/etc., so you can imagine this would be distro shape if it was strictly 7.5% for LZ Core.

6M starting addresses, 3M having only sent between 1-5 tx so assume those are mostly gone.

3M addresses remaining. Let's take an assumption of 0 sybil filtering and of 1M eligible addresses filtered (should have more exact #s on this later today)

25 min, model 1

Total entries: 847,332 (28.2% eligibility with 0 sybil filtering / 42.36% with 1M sybil filtered)

Entries with 25-100 tokens: 718,227 (Sum: 31,584,258.69)
Entries with > 100 - 1000 tokens: 124,103 (Sum: 29,308,527.08)
Entries with > 1000 - 10000 tokens: 4,813 (Sum: 9,275,407.31)
Entries with > 10000 tokens: 189 (Sum: 4,831,806.92)

50 min, model 1

Total entries: 440,149 (14.67% eligibility with 0 sybil filtering, 22.00% with 1M sybil filtered)

Entries with 50-100 tokens: 274,359 (Sum: 18,625,838.81)
Entries with > 100 - 1000 tokens: 158,695 (Sum: 37,329,913.21)
Entries with > 1000 - 10000 tokens: 6,861 (Sum: 13,069,599.75)
Entries with > 10000 tokens: 234 (Sum: 5,974,648.23)

25 min, model 2

Total entries: 823,376 (27.44% eligibility with 0 sybil filtering, 41.16% with 1M sybil filtered)

Entries with 25-100 tokens: 694,774 (Sum: 30,491,067.23)
Entries with > 100 - 1000 tokens: 122,448 (Sum: 29,352,999.82)
Entries with > 1000 - 10000 tokens: 5,997 (Sum: 11,420,971.35)
Entries with > 10000 tokens: 157 (Sum: 3,734,961.60)

50 min, model 2

Total entries: 424,462 (14.14% eligibility with 0 sybil filtering, 21.22% with 1M sybil filtered)

Entries with 50-100 tokens: 261,903 (Sum: 17,773,131.19)
Entries with > 100 - 1000 tokens: 154,205 (Sum: 36,763,465.73)
Entries with > 1000 - 10000 tokens: 8,161 (Sum: 15,811,837.36)
Entries with > 10000 tokens: 193 (Sum: 4,651,565.71)

14 - 42% eligibility roughly, min on core spread between 25 and 50 min, Numbers will continue to get more dialed in as final RFPs are cleaned up and sybil reports are finalized.

Would love to hear some thoughts

[esaulenkа @esaulenko92]

@Andrey_10gwei @zksync @gluk64 @frogmonkee @Ozhar @TrustlessState This is a fiasco!
I won’t use this garbage chain on principle!

[Andrew 10 GWEI @Andrey_10gwei]

"New Low" for
@zksync

ScamERA: The Biggest Airdrop SCAM in Crypto I think it's no longer news to anyone that teams distribute tokens to themselves through airdrops. ZkSync has taken this practice further than anyone else
@gluk64
@frogmonkee
@Ozhar
@TrustlessState
#zksyncscam

[esaulenkа @esaulenko92]

@AntonProfiT @zksync Yes brother this is scam

[𝓐𝓷𝓽𝓸𝓷 𝓟𝓻𝓸𝓯𝓲𝓽 @AntonProfiT]

🚨Today the @zksync team announced an airdrop distribution and a story about what exactly this distribution will be for.

✅ Criteria:
📍You are an active user and hold liquidity in some projects (pools, lendigs)
📍Your wallet has been active on the ZkSync Era network for more than 3 months

☑️ There are also additional multipliers that increase the distribution:

🔵 Interaction with 10 smart contracts
🔵 5 or more transactions in Paymaster
🔵 Trade 10 or more tokens in ZkSync
🔵 Be a holder of Omnibus NFT
🔵 Donations to Gitcoin (zkSync Lite)
🔵 Transactions on the Ethereum main network

‼️ And all this seems normal, but I have one important question: why are users who fully meet this criterion ultimately not eligible to receive awards?

I'm just sure that the ZkSync team made a mistake during the distribution and many eligible users end up with an "not eligible" status.

🫂I speak for the majority of your community, your real users, and I ask you to at least give people the opportunity to appeal. You simply have to look at many wallets. They clearly deserve awards and it is not clear why their wallets are not eligible for an award when they meet absolutely all the requirements and criteria.

‼️I ask you to describe in more detail the criteria for receiving awards, so that everyone can understand why he is not worthy of receiving them. Because so far it all looks like those who have suffered are those who fully meet all the requirements.

⛔️I believe that you are not another @Starknet or @PolyhedraZK who treated their community like garbage and as a result are now receiving a response from their community. I will never use Starknet again and recommend everyone to do the same.

🤚Personally, I have always considered ZkSync one of those projects that can replicate the guys from @arbitrum , which everyone loves and always remembers with warmth. I would be very upset if Twitter was littered with hashtags #zksyncscam or #zkscam and I hope that doesn't happen. No one will judge you if you make strict criteria and someone doesn't pass them. But the community will not be able to forgive the fact that many of the people fit all the criteria that you described, but in the end they will not receive the drop. I tried to explain in as much detail as possible the problem that exists now.

We look forward to your response and hope for the best!✊

[esaulenkа @esaulenko92]

I fell down the crypto rabbit hole in the year ＿＿＿.

I bought ＿＿＿ at $＿＿＿.

I was not the very first.

But now I am the first to get @rune_coin, a pioneering fungible token project on Bitcoin! LFG!

#RUNES #RSIC #MEMELAND #STAKELAND

[Backpack 🎒 @Backpack]

Should we do something with @Parcl?

[esaulenkа @esaulenko92]

@Backpack @Parcl Yes of course

[Layer3 @layer3xyz]

v2 is here –– it's our largest update yet.

Here's the alpha 👇

[Parcl @Parcl]

💡 A guide to liquidations on Parcl

Risk management is a crucial component of responsible trading on Parcl.

The basic rules of engagement:

1️⃣ Keep track of all margin parameters, including minimum margin requirements
2️⃣ Monitor both Price PnL & Funding PnL
3️⃣ Understand how, when & why liquidations happen

This guide addresses all your frequently asked questions on trader risks and liquidations.

Let's dive in 🤿

❓How do liquidations work on Parcl?

🗣️ Parcl v3 has a "cross-margin" system, with margin accounts capable of carrying up to 12 positions.

This means liquidations happen not on individual positions, but at the account level — the account's total collateral value must drop below a certain threshold for it to become eligible for liquidations.

This is a very important distinction, and one that will become clearer as we explore further.

A sample trade:

Step 1: Hypothetically, imagine that @Parcl_Intern opened a long position with 1x leverage on Miami Beach; uncharacteristically good risk management from the Intern 👏

A few parameters to note here:

→ Initial Margin (10%): This is the starting amount of money you need to open a position. Eg. If you want to short Miami $100, you need $10 (at 10% initial margin) to start the trade.

→ Maintenance Margin (8%): If your account balance drops below this threshold because of 1 or more positions, your ENTIRE ACCOUNT could be liquidated — unless you add more funds.

Step 2: Confirm your long position

Step 3: Track all the account risk indicators.

The most important indicators:

→ Total Required Margin: If the Available Margin ($5*) falls below the Total Required Margin ($1.39), the whole account will be eligible to be liquidated.

→ Account Health: Keep a close eye on the account health (~72%*). At 0%, your account falls below the required margin — and will be liquidated.

❓Why can't I see the liquidation price for a position on the UI?

🗣️ There is no such thing as a liquidation price for a specific trade since liquidation on Parcl is an account-level concept.

Remember: An account's collateral value must drop below a specific threshold to be eligible for liquidation.

❓ My position is in profit. How did I get liquidated?

🗣️ Margin is maintained at the account level. The health of any one position isn't relevant in isolation.

The total account health is the only metric that matters.

❓Why can't you still show liquidation price estimates for individual positions on the UI?

🗣️ Reiterating: Liquidation happens on an account level on Parcl.

Depending on the number of positions in your account, there could be million+ combinations of different liquidation prices across positions.

It is not practically possible to display them all on the UI.

❓What are some of the risks that could get me liquidated?

🗣️

→ (High possibility) High usage of available margin within your account, making it extremely sensitive to downturns in P&L. Manage your risks and use leverage very judiciously — Parcl margin requirement parameters are fairly conservative, erring in favor of solvency & minimizing LP risks.

→ (Very low possibility) While v3 markets have experienced minimal skew to date, if funding rates rise exponentially with traders doubling down on your side without heed to the skew — your position could be underwater.

❓ Could my position be liquidated by whales collaborating to move market prices?

🗣️ No. Liquidations are triggered only by index price movements & their impact on PnL.

❓Do I get extra Parcl Points if my position is liquidated?

🗣️ NO! Getting liquidated earns you ZERO extra Points.

You have to liquidate another user — an act which requires technical knowledge and compute — to earn additional bonus Points "for liquidation".

How the process of liquidation works:

Step 1: A user account crosses the threshold for liquidation

Step 2: Someone has to perform this liquidation. The process is not perfectly instantaneous.

Step 3: Previously, this duty was solely handled by a bot. Now, the arena is open to multiple participants and anybody with the know-how can do so.

And, breathe!

That's all for today 🔖

Thank you for bearing with us this far!

If you have any more questions, dive into the Parcl Discord: https://t.co/fgzE8w6UZX

[esaulenkа @esaulenko92]

Verifying my Twitter account for my #GalxeID gid:hcKRMgMCAT2BjuM5idknba @Galxe

https://t.co/szp7arTl2r