gasfromdallas

[Coin Metrika @coinmetrika]

💪 NEW STANDARD FOR LINEA L2 CHAIN TOKEN

1) The token governance paradigm has long been useless. I wrote about this back on October 26, 2024
https://t.co/6W3TrbeidO

Let me remind you in broad strokes that at that time I recommended @LineaBuild to focus on the utility of the $LINEA token, rather than rushing to launch a voting token. Among the proposals was the following:

L2 tokens need a utility! Another voting token won't work... Instead of rushing to release the token, the team would be better off focusing on the utility of the token. One voting function is not enough! All of L2 needs $ETH and can easily do without the native network token, it simply has no utility. That's a problem... It is possible to go further and improve the idea by thinking through the combustion mechanisms. Which would make the token deflationary in the long run...

Today, the LINEA token is already trading on exchanges. And the project team, represented by @ethereumJoseph and @DeclanFox14, has changed the rules of the game in the L2 chain segment. Respect to them for that, it was high time someone did it and led this movement. I think @VitalikButerin will also appreciate these efforts when the next L2 came not to take away from Ethereum, but also to give. This design makes the network “Ethereum-aligned”: every activity on L2 directly supports the ETH shortage on L1. And I think it's right, as with the minimum Stage threshold (I talked about the difference between Stage 0-2 in the video https://t.co/X34EH2jdug), to introduce rules for L2 to spend part of the revenue received on repurchasing and burning ETH.

While tokens from chains such as Optimism, @arbitrum, Starknet and zkSync perform a governance function, the LINEA token does not. Bingo, it's done! I am sincerely happy about this! The value of the token created by @Consensys is tied to the network's revenue through buyback&burn. Gas in Linea is paid in ETH, and LINEA itself is not a gas token, unlike $STRK or paymasters support for ERC-20 from zkSync Era.

20% of net revenue in ETH (after deducting costs for publishing data on L1 via EIP-4844 blobs, proof verification, etc.) is burned in ETH, and 80% of net revenue is used to buy back and burn $LINEA. This makes the scarcity of both assets a function of the actual network load.

[Coin Metrika @coinmetrika]

4) I believe you'll be interested in reading this:

@WuBlockchain

@TheBlock__

@CoinDesk

@OKnightCrypto

@DanielGKuhn

@AnonVee_

@cryptotrader85

@katexbt

@0xcryptowizard

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@Moefire_

@CandyDAO_leaf

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@Tumblrswap

@dincoco

@airhunter_drop

@zepump

@yunepto

@0x_xifeng

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@kriptogelisim

@axel_bitblaze69

@heycape_

@crypto_condom

@CryptoTeluguO

@NDIDI_GRAM

@themaran

@mztacat

@cryptotrader85

@2lambro

@Cryptophileee

@info_insightful

@Rencrypta

@MadMaxx_eth

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@CC2Ventures

@0xCragHack

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@airdropinspect

@Airdrops0637

[Coin Metrika @coinmetrika]

☠️ FANTASY ON THE VERGE OF DEFEAT

1) The once popular game @fantasy_top_ is experiencing serious problems. The floor price for cards is falling inexorably before our eyes, today it is already 0.002 ETH. Liquidity is low, cards are difficult to sell, and even the prices of top cards are falling endlessly due to constant inflation. And the rewards are getting smaller and smaller with each season, so even top players who regularly win prizes with their decks cannot cover their losses on hodl cards and tournament rewards.

If before it was like betting on ETH with leverage, today it's more like betting on shields, which have little chance of coming back to life!

And something has clearly happened to the drop rate of normal cards in packs. I didn't get anything normal over the summer, just one floor! @travisbickle0x and @0xKipit need to urgently review the rewards and the probability of normal cards dropping!

The problem is exacerbated by the closure of Fantasy on Monad, where players were given 20 fragments and 1000 points. But that's nothing. Any player who has been playing for several months already has hundreds of thousands of points, and 20 fragments are not even enough for one card. Luring them with only 1000 points for a supposed airdrop — we all understand that such an account is as good as dead.

And the move to Base obviously did not give the desired result. Liquidity has not increased, the floor is still falling. And with the growth of players, competition is also growing.

Now, old and new players, against the backdrop of Fantasy's past fleeting success at the start, are more likely to go play the soon-to-be-launched infoFi @xeetdotai or the hyped @sportfun in order to reap the rewards early on. New players in Fantasy still have no chance of winning anything with the current settings!

[fantasy.top @fantasy_top_]

Do you have what it takes to be a Hero?

Introducing Clout and Fantasy Seasons!

Starting today: Farm Clout. Climb the ranks. Become a Hero.

Full breakdown on this pivotal update, including details on Tactics v3 and other exciting news!

[gasfromdallas @Gas0607]

@opensea DmtKSJsYQndXYeYyafXjnxMfH4HtaPP4M2qQCYQsSbhn

[gasfromdallas @Gas0607]

@monad_xyz 0x335a65a37Ef6f595Dc09003699A00000aC04323f

[gasfromdallas @Gas0607]

@weareduds @HyperliquidX 0x3409A9f2bBE43535fd59A7231aE04d2A98e37cE2

[duds @weareduds]

24 hours until the Hobos mint on @HyperliquidX EVM! sheesh!

→ drop your wallet here & 🔃 repost, might add you
→ wl checker is live at https://t.co/m3zYZGl3KO, but wallets are still being added
→ final duds snapshot tomorrow
→ also added some HL communities to the whitelist

[Alex @AKolomejcenko]

@0xCygaar @AbstractChain @onchainheroes @playgigaverse @playduper @RoachRacingClub @gacha_game_ @play_witty @ocapgames @capncompany I have not money for this, you guys already scam me with your app cardex

[ink @inkonchain]

The DeFi Training Grounds are open! ✨

It’s time to prove your skills, ascend to a DeFi Wizard, and potentially win ETH.

Ready to start your training? Your journey begins now! 🧙‍♂️🧙

Head to https://t.co/QI1JOmZRgg and select your first challenge.

[gasfromdallas @Gas0607]

@midoviyshtorm @goodvibesclub Yeah, it's great 👍

[Minera Volter @MineraVolter]

ohh its amazing
@goodvibesclub

wish i will get OG

#amazingart #nft #GoodVibes

[Anapold Vrose @anapold_v]

I'm betting on bullrun in the near future, bullrun in the #NFT sector and specifically on the #abstract.

and the main blue -

@goodvibesclub

Probably nothing...

[gasfromdallas @Gas0607]

Claim your Meow Domain now on Superposition! Visit https://t.co/iQH0vQbiPE

[gasfromdallas @Gas0607]

@DonotNews https://t.co/nKb3pPLSlC

[gasfromdallas @Gas0607]

@Abstract_Ghosts ✳️+ 👻 = @Abstract_Ghosts

Don't miss the alpha, use my code: UYPM

https://t.co/Wyy5BGXYs1

[gasfromdallas @Gas0607]

Ghosts loving ghosts 👻

Don’t sleep on the new big project on @AbstractChain

check this out: https://t.co/Wyy5BGXYs1 https://t.co/rEE3PrnX11

[Ghosts @Abstract_Ghosts]

Early OG rewards are already waiting for you.

https://t.co/UFLY7BiVBz

GHST is your unique code to access our ecosystem.

A quick thread below 🧵👇

[gasfromdallas @Gas0607]

Yap early, yap only, yap often.

@_kaitoai is connecting AI, attention and capital with Yaps.

Just claimed my social card and I'm accumulating Yap points in real-time.

Claim yours 👉 https://t.co/AEZWYiJj48

[Kaito AI 🌊 @KaitoAI]

Our next Yaps initiative.

We're distributing all mint proceeds to Yaps users.

150 $ETH - split across the top 1000 ranked Yappers.

0.2 ETH to 1-500, 0.1 ETH to 501-1000.

Add your wallet to Yaps by Jan 1st to get involved!

More details 👇

[gasfromdallas @Gas0607]

Yap early, yap only, yap often.

@_kaitoai is connecting AI, attention and capital with Yaps.

Just claimed my social card and I'm accumulating Yap points in real-time.

Claim yours 👉 https://t.co/AEZWYiJQTG