Word of the Day: February 3, 2025
burn (noun | /bəːn/)
The words "burn" and "brew" share a common linguistic source, and we've been brewing something up while everything combusts around us...
We want to burn 10% of the total $PDT supply!
Have your say: https://t.co/BoGaU1eBIk
We've restored the Treasury Dashboard on our site!
We're heavy on $PRIME, $stETH, protocol-owned liquidity, and of course, we're the biggest holder of @ParallelTCG NFTs, empowering our Paragons Alliance.
We're also earning millions of $PROMPT, 90% being shared to stakers.
Reminder that we're estimated to earn 2% of the total $PROMPT supply at a 42x average multiplier, with players building their share of that today by staking their $PDT.
If all things stay the same, at $1bn FDV that is $8.1m going to the current 72.4m staked tokens, or $0.112 per $PDT, which is actually the current price of $PDT. Just from $PROMPT. 🧐
At $2bn FDV that is $0.224 per $PDT. At $4bn it is $0.448 per $PDT.
This doesn't consider the $PRIME earnings also going to stakers each month from @ParallelTCG gameplay emissions.
Or the value of the existing Treasury and assets held by the DAO.
Extended some of our @AIWayfinder $PRIME caches today
Now rocking a ~42x average $PROMPT multiplier, 90% distributed to PDT stakers. We lock so you don't have to.
Enter the TIME MACHINE
We're pleased to share our H1 2024 Treasury Report!
We've almost 4x'd our @ParallelTCG collection while maintaining treasury growth and earning yield.
Our theoretical runway is 7 years, but we predict that we'll see breakeven in the short-term (with profitability soon to follow).
And we've lots to look forward to in H2 2024, to name a few:
- Our primary revenue generator (via @EchelonFND Bonds) is on the cusp of public release
- Our token is now deflationary
- We're launching on @base imminently, with a more accessible staking model following shortly after
Review our detailed Treasury Report now https://t.co/RcXW8XFdsx
𝗪𝗲𝗲𝗸𝗹𝘆 𝗚𝗶𝘃𝗲𝗮𝘄𝗮𝘆
Planetfall Player Packs up for grabs!
Earn one of five Player Packs available this week.
Repost this post and make sure you are following all of the Parallel game accounts:
@Parallel@ParallelColony@ParallelTCG
Share your input on a new proposed $PDT staking model
PDIP 18 rethinks our staking model to give the community:
- Enhanced governance opportunities
- Empowerment to direct liquidity of our playable assets
- Rewards for participation and long-term commitment
- Equal opportunities for all participants, new and old
It also seeks to address:
- Uncapped multipliers that will eventually discourage new participants
- High gas fees that prevent participation and reward claims
Please read the proposal and share your thoughts on our governance forum! We'll schedule a town hall to discuss the proposal in our Discord shortly.
https://t.co/WNcLbBu40f
We’re excited to launch @ParagonsDAO Sleeves—our first DeFi Vault on Priming!
Through Sleeves, collaborative caching is available to all @ParallelTCG collectors. From those with 1 card to those with hundreds, everyone who Sleeves earns a share of the rewards.
🧵
Presenting our latest Semi-Annual DAO Report! 📊
Building on yesterday’s Treasury Report, this provides a 360 view on our:
🔭Vision
🪙Road to revenue
🎖️Achievements and challenges
🛣️What comes next
TL;DR: We been busy. We ‘boutta get busier. Revenues are 'round the corner.
Explore now! ➡️ https://t.co/OyiwyQhkaw
🏦We're excited to share our latest Treasury Report!
In the past 6 months, our liquid treasury increased 91%, we added over 12k @ParallelTCG cards, and our runway increased to 8 years
Find more insights and achievements in the full report now! ➡️ https://t.co/RcXW8XEFCZ
@pattchxbt@l_unchtime@BackToRealty As I understand it, that wallet belongs to an organization, not an individual. They chose a member of the organization to represent them, and that wallet is now forever tied to that players account.
@l_unchtime@BackToRealty@pattchxbt xinanko.eth has probably actively collected more than most of us combined. I think they have more than earned their one spot in this tournament.