Cryptomancer

Former friendtech enthusiast, current general degen

[Cryptomancer @MancerCrypto]

@boldleonidas @zodl_app Wheres the severance meme about the watermelon head

[Cryptomancer @MancerCrypto]

@degentradingLSD huh? pepe flatline for months

[Cryptomancer @MancerCrypto]

@nazeoppa Following your previous instructions I've avoided $HYPE like the plague. You've condemned my familia to poverty, damn you! 😭

[Cryptomancer @MancerCrypto]

@zero_Jpegg @wajahat @ivx_fi 0 is the lowest

[Cryptomancer @MancerCrypto]

@SalsaTekila Saving for future lawsuit. ty ser 🙏

[Cryptomancer @MancerCrypto]

@Cbb0fe That's not why they became highly traded, it's cus buying a memecoin is pure gambling. It's fast easy money if you win, and almost everyone here is a degen gambler

[Wajahat Mughal @Wajahat]

Little round up of interesting things over the last few days

1. @JupiterExchange is the powerhouse of Solana
Just heard news of some new tokenomics with a 50% buyback of $JUP from exchange fees.
Pretty huge, mostly because the volume and therefore the fees that jupiter make is already pretty wild. They're averaging over $100b a month in volume already.
On top of that they acquired a majority stake in @moonshot and acquired @Sonarwatch.
Shaw from @ai16zdao also launching a new magic fund with Jupiter.
When $JUP first launched, I remember thinking wow this is incredibly overvalued. As time has passed I've seen how an application once users are acquired can then moneitise in through a variety of sub products. They have truely become a monster in the world of on chain crypto and fair play to them.

2. New social apps - @tribedotrun
New year, new social app, this one is called Tribe. Somewhat similar to Friend Tech in the sense that you buy tokens of your favourite creators to get access to a chat room but there are some new features, so it's a little different.
Still playing around with it, ganna give streaming a go to and see what that is like! Give it a go (if you use the ref link I get some bonuses from you guys)
https://t.co/l5CR4aj4nV

3. Trump did not bring people into crypto
https://t.co/NfUbwZ2TbJ
Interesting research from Rob from @dragonflyvc essentially highlighting that moonshot users who were onboarded to bid $TRUMP
- Didn't transact on other applications
- Moonshot new user metrics fell every day following the launch
- Capital flowing out of crypto rather than in
My overall thoughts are that these metrics are a bit of a shame but genuinely, what could you expect? Crypto has a few use cases by the biggest by far is always speculation, this is a casino at the end of the day.

4. New Chain Launches
Seeing a ton of buzz around @AbstractChain, where attention flows, opportunity arises. Certainly something I'm going to look into especially with some opportunities for creators. Is it more of an NFT chain? I mean what is abstracts USP? I don't know just yet but if you guys have any insights help me out!
I still feel there is not a single chain that can rival what @berachain has coming. That includes the likes of @HyperliquidX @monad_xyz @initia @movementlabsxyz and @megaeth. The gap in ecosystems is huge and is only continuing to expand.

5. Some new DeFi/AI things
- @alkimiya_io launching markets for @base gas speculation
- @ostium with SPX perps which is the only market of its kind on chain now?
- @BrahmaFi with AI Agent DeFi automations (man I love Brahma @kakujain)
- Dynamic TAO is coming in February
- @nillion token launching soon
- @OpenledgerHQ turning off chain data and social signals into RAG that can provide specific trading analysis
- @redstone_defi join the game of AI agents through CLARA

[Cryptomancer @MancerCrypto]

@Tradermayne Please Mayne sned it to 10K I have bills to pay ser

[Cryptomancer @MancerCrypto]

@drakeondigital Eth

[Cryptomancer @MancerCrypto]

@nazeoppa There's the scene where reiner nonchalantly reveals he and bert are titans. That moment plays in my head more than any other. 2nd place would be the opening war sequence from ep 1 of season 4

[Cryptomancer @MancerCrypto]

@boldleonidas @idexio @boldleonidas please tell us when you sell so we can recognize the bottom 🙏

[Cryptomancer @MancerCrypto]

@Orbiter_Finance Orbiter had a post sometime early last year in which they stated "the airdrop will happen in 2024". I was betting it would happen on December 31st, but we didn't even get that lel

[Drake on Digital @drakeondigital]

Hype staking is live..... IMO will prolly be like tia airdrop wise, mabe better

Things to note

1. 1 day unstaking period and 7 day transfer period (total of 8 days to be liquid again

2. Likely to be flat airdrops so NFA but put in multiple wallets (dont be too greedy and miss on all drops)

3. Look for validators that have high uptime and that are community ones....... (not hyperfoundation)

4. Leave some hype liquid for taking profits and for other opportunities that come up like LST's ect.

There is prob more stuff Im forgetting but will add later

[Eric Wall @ercwl]

we have one last shot at inserting new functionality into bitcoin before all of us, every last soul, will become the remnants of an ”early bitcoin fan club” that no one cares about anymore

if we do not take this shot, this is where the story ends. bitcoin as digital gold, impotent as p2p money, in the best case funnelled around the web through hosted centralized service providers with no privacy, too tricky to self custody for normies

replacing gold is cute. we need lightning without channels, we need vaults for safe custody, we need second layers for privacy. that is the difference between bitcoin gunning for a $17 trillion target as digital gold and gunning for a $170 trillion target (to start with) as universal hard money

this decision is yours. we need to oil the softforking machinery before it becomes completely stale and stuck in its tracks. we have momentum now. we have near-universal developer consensus on covenants as the next softfork. we just have to agree on the last specifics.

bitcoin is the most important asset in crypto, and the most important project you’ve dedicated yourself to in your life. the time to act is now. one last ride for the rohirrim. now for ruin, now for wrath, and a red dawn

[Hami @hamicoinsol]

New $HAMI update 🐹

Episode 28!

[Cryptomancer @MancerCrypto]

@bigbellyNFT Why these are worth any amount of $ is still a mystery to me

[Eric Wall @ercwl]

Look I absolutely admire Justin, and the work put into this plan. And I mean, yes, we do need to improve the consensus layer! Lots of low-hanging fruit. Ethereum hasn’t ossified so why wouldn’t you want to fix old stuff with newer, superior tech?

The problem with this talk is that it’s just pitched wrong. We can’t have meme campaigns about this infra nonsense anymore. Yes, I said nonsense, I’ve been a part of this nonsense and of course it isn’t ”nonsense” but it doesn’t resonate with end users or even app developers, and shouldn’t be taking up memetic mindshare in the Ethereum community!

Ethereum does face real competition from Solana and we can’t have the community be championing a ”SNARKification of the consensus layer” for 5 fucking years while Solana fucks our wives’ boyfriends. Spare the meme campaigns for the things that addresses the core challenges for Ethereum app developers and users:

ON WHICH L2 SHOULD I DEPLOY MY APP?

WHICH L2 SHOULD I START USING?

IF DEFI ISN’T THE USE CASE—WHAT IS THE USE CASE?

WHAT CAN BE DONE SO THAT ETHEREUM DOESN’T FOCUS ON AN EVER-SHRINKING THINNER SLICE OF THE DESIGN SPACE THAT SITS BETWEEN BITCOIN AND SOLANA AND ACTUALLY EXPANDS ITS TERRITORY AS A COMPUTATIONAL & FINANCIAL PLATFORM?

These are the things we need to be memeing. Snap out of your fucking SNARKification-of-the consensus-layer-psychosis and keep the damn podcasters as far away from this turbo-techno-cocktail as possible before they completely melt away what’s left of their audience’s minds.

[360 🐰 @gtx360ti]

So looks like the tokenomics allocation breakdown in $TIA docs is completely BS and the R&D and ecosystem allocation has no vesting at all.

According to tokenomics only 269million Tokens were suppose to be liquid at genesis :

200mil public allocation
69million R&D & ecosystem

[Faro @FaroTrading]

EigenLayer Season 2 claims are live!

You can now claim $EIGEN earned with rswETH during @eigencloud Season 2.

Support is available in the Swell Discord or via the app.

https://t.co/0U0VJr9WIR