Yes, I deployed @only_signals
I rarely share behind-the-scenes insights, but this story needs to be told.
It started with the creation of SatoshiGPT, which became an instant hit on Product Hunt.
@MartiniGuyYT Your insights are on point! This Perpetual DEX is a game-changer! ππ₯ Fast, smooth, and a massive prize awaits! https://t.co/5qhk0Rzb8v
@rovercrc Great analysis! If you love trading, this Perpetual DEX will blow your mind! ππ₯ Fast, smooth, and a HUGE prize! https://t.co/5qhk0RzIY3
@CryptoCred Are you ready to rumble? π₯ The @foundation_nw Big Bang Trading Competition is on! WAGMI if you're fast enough! https://t.co/5qhk0RzIY3... (variations with "trading legends," "elite traders," "market wizards," etc.)
@TheCryptoExpres β οΈ Calling all trading masters! β οΈ The @foundation_nw Big Bang Competition is here! WAGMI if you're fast enough! https://t.co/5qhk0Rzb8v
i'm planning to play my berachain social airdrop like this:
- 25% trading $BERA on @ivx_fi
- 15% purchasing more Vol surfers
- 25% convert to $YEET
- 17.5% support @BeraBoyzGG sale and 1 other sale
- 10% convert to $BONGA
- 5% convert to $BERATARDIO
what are you doing?
All in Berachain
This has been my mindset for months.
Itβs the most comfortable conviction bet Iβve ever made and finally grabbing one of the official rebases feels like a dream come true.
Ready for Q5. Beras in Control.
These top 5 wallets have sold $3.3M worth of $BERA in the last 24h:
- Top 100 LINK.E Leaderboard β $1.2M
- "Kingcooom" β $812K
- "Yomomani" β $733K
- cryptocleopatra.eth β $371K
- High Balance β $193K
Significant movements β watch the flows.alpha
π¨ RFA is a money generator for active beras on mainnet and why this is important to knowπ¨
Many projects during the week posted about how much $BERA from RFA they received. This led me to think about the possibility of farming $BERA by maximizing benefits from projects and getting long term rewards from RFA for mainnet.
πFrom the RFA description: βA minimum of 70% of the Allocation must be used for Mainnet rewards for users and community (Mainnet Allocation)β - this implies that most of the rewards will be given to users who actively use Berachain miannet. Based on this, you can build strategies that will allow you to get more profit while interacting with Berachain.
First, let's take a look at which projects have received RFA allocation. At the time of writing this post 54 projects have tweeted how much allo they received from RFA:
π₯ @eatsleepyeet - 359,184.57 $BERA (Yeet β1 what lol)
π₯ @KodiakFi - 348,922.16 $BERA
π₯ @ramen_finance - 147,778.80 $BERA
4. @Dolomite_io - 139,568.86
5. @KingdomlyApp - 139,568.86
6. @BeratoneGame - 113,297.08
7. @DapDapMeUp - 113,297.08
8. @HoldstationW - 113,297.08
9. @beraborrow - 107,632.22
10. @deek_network - 101,967.37
11. @goldilocksmoney - 101,967.37
12. @grandconquest - 101,967.37
13. @ivx_fi - 101,967.37
14. @origami_fi - 101,967.37
15. @rootsfi - 101,967.37
16. @Berajibears - 96,302.52
17. @Pumpbtcxyz - 96,302.52
18. @WizzwoodsGame - 96,302.52
19. @HoneyChatApp - 88,667.28
20. @BeraBoyzGG - 41,049.67
21. @BeraRoot - 41,049.67
22. @SemanticLayer - 41,049.67
23. @LodeTrade - 41,049.67
24. @NAVFinance_ - 41,049.67
25. @beradrome - 38,977.18
26. @Berally_io - 38,977.18
27. @Beramonium - 36,944.70
28. @beraplug - 36,944.70
29. @beratardio -36,944.70
30. @bgtmarket - 36,944.70
31. @honeydotfun - 36,944.70
32. @honeypotfinance - 36,944.70
33. @JunkyUrsas - 36,944.70
34. @Onikumagame - 36,944.70
35. @ProdigyFi - 36,944.70
36. @TwinFinance - 36,944.70
37. @WeberaFinance - 36,944.70
38. @beradottv - 35,892.22
39. @BeraVote - 34,892.22
40. @Polarityfi - 34,892.22
41. @ZooFinanceIO - 32,839.73
42. @bebop_dex - 16,419.87
43. @BetBitX - 16,419.87
44. @tierra_io - 16,419.87
45. @beebribes - 14,777.88
46. @beracana - 14,777.88
47. @ForestBear_io - 14,777.88
48. Grizzy Fi - 14,777.88
49. MantisSwap - $14,777.88
50. 2P2E - 14,777.88
51. Stryke - 14,777.88
52. Valhalla- 14,777.88 $BERA
53. Wasabee - 14,777.88 $BERA
54. Berabot - 13,956.89 $BERA
*tag em up
The rest of the projects did not publish information about how much allo for RFA they get, nevertheless we can't write them off, so you can find the full list here -> https://t.co/n3WCXqJBB6
So, what strategies can be considered for RFA rewards:
- Strategy #1 | Low Curve
This strategy involves using those projects that will have low/medium/high RFA and medium/high user volume. This would include Ramen Finance, Kingdomly, Kodiak, Ooga Booga, memeswap and other popular ecosystem projects. So let's say doing swaps on Kodiak or Ooga Booga instead of Uniswap on the Berachain network - you wouldn't be depriving yourself of potential RFA rewards by doing the same things you do on Uniswap or other DEXs. You can also participate in potentially profitable pre-sales on Ramen Finance or mints on Kingdomly - you will not only profit by increasing the value of tokens/NFT, but also by getting allo from RFA in the future.
Projects from this strategy should be known for their reliability, large volumes, high TVL, you should often see information about them in your feed in X from verified Berachain Influencers, these projects should bring you income more often than losses. Also we can include in this strategy Dolomite, StakeStone, Superform - all these projects are not native, but will also generate you revenue and additionally you will still qualify for RFA rewards.
- Strategy #2 | Mid Curve
In this strategy we should focus on niche projects such as Nome Protocol, Rootsfi, Gummi, WeBera, Wagmipad and other not very popular projects that have also received RFA allo and are able to generate profits or can simply be used as a tool for your crypto activities. Although these projects have less RFA allocation, but the competition will be much lower due to the lower number of users.
It should be taken into account this strategy is include only projects that are able to generate income consistently with low or medium risks or simply be used for crypto operations without potential losses, such as BeraBot - which you can use as a tool for trading memcoins and also qualify for RFA allo in the future.
- Strategy #3 | High Curve
Here I would include gambling projects (Yeet or Junky Ursas) as well as dapps that are not known to the general public at all (Pehino Casini, Outpost Surge or Reservior). This strategy carries a lot of risk, in the sense that gambling may not bring you any profit at all and also little known projects may introduce you to the concept of RUG hehe. However, here you can hope for maximum allocations from RFA.
Projects from this strategy should have very low volumes, as well as a low number of users, which will provide you with a simpler threshold for getting RFA from these projects.
** Of course this is only a superficial opinion and an outline of my action plan for mainnet. Since not all projects have launched their dapps on mainnet yet. In the future it will be more obvious which projects will bring more profit and which will bring less. DYOR NFA