3 months ago a lender gave a $2,000,000 loan at 18% eAPR to someone using 23 cryptopunks as collateral
Today the borrower defaulted
How much do we think the lender recoups?
No more gas drama—let's build a better future!⛽️🚫
I'm collecting beans to help Gassy Jack's Gasless Future mission. Share the quest, earn rewards, and join the community climb 🧗
https://t.co/3clBLLq6i2
https://t.co/3clBLLq6i2
Discovered my Gas ID via ETHGas - turning my gas spend into rewards 🫘
As a Hero Jack, I've spent 2.4169 ETH on gas but earned 1500 Beans back.
Get your Gas ID and Beans here: https://t.co/zEYdsfhYu2
I've leveled up my Opensea Treasure Chest to the highest tier currently unlocked.
I did like ~$90k in swap volume and paid just under ~$2k USD in fees (RIP).
The thesis is that I could win one of the NFTs from the treasury, which includes a Pudgy Penguin, a Bored Ape ($40k USD each) and Moonbirds, Azukis, Doodles etc.
At the moment, winning any of the NFTs would be +EV, but I expect to lose another $2-4k USD while leveling up, so I'm not sure yet if it's a good idea as not many NFTs that are in the pool rn are worth $5k USD or more.
However, I may have to do it because other people will be leveling up their chests, and the rarer the chest, the greater the chances of winning one of the NFTs.
The treasury also grows over time, as Opensea passes on 50% of the fees to the pool.
But yeah the fees are high here, so we'll see how that plays out. It's more of a gamble
🎨✨ History never looked this twisted.
The Great Reframe — iconic artists stealing iconic poses. From Frida to Van Gogh, Dalí to Basquiat, the masters never sat still.
🔓 Dropping soon on @opensea. Get ready!
https://t.co/dA8PA4RjyV #OpenSeaNFT
Today we're introducing:
- OS Mobile: a beautiful trading experience powered by AI
- Flagship Collection: honoring web3's cultural heritage
- Final Rewards Phase: 50% of platform fees funding millions in token & NFT prizes
- $SEA Update: details in early October
Learn more ⬇️
@0xConnolly I sent funds to my @Immutable Passport address on Polygon mainnet and can’t access them. Support confirms others are affected and a recovery feature is being built—yet no ETA after many months.
@ImmutableDev — Please share a public update for all affected users.