KOLLECTFebruary 11, 2022
Kollectors!
The time is finally approaching! Kollect’s Power Ranger NFT sales is now right around the corner. To reward our early supporters and community members that have been patiently waiting for our Power Rangers NFT drops, we’d like to invite you to join our Whitelist!
Get rewarded for your early support by joining our whitelist to enjoy priority access along with discounts of 20% off!
Whitelist Benefits
Gain priority access to the ‘Super Early-Bird’ Round of Power Rangers NFT
Less minting competition
Discounted prices (20% Off)
How to Participate
Join Kollect’s Discord Channel
Fill out our form
That’s it! Congratulations!
The exact sales date and further details will be announced in the near future! Make sure to stay up to date by following our official community channels!
About Kollect
Kollect is the first yield-generating and IP-driven NFT collection book in the GameFi space. Users can purchase Kollect NFTs to complete yield generating collection books and battle with friends on-chain in original play-to-earn card games. $KOL is the utility token of the Kollect ecosystem, and holders can enjoy exclusive perks and drops. Kollect envisions becoming the premium hub for NFT collectibles and play-to-earn games.
February 11, 2022
This guide has been performed with test accounts, and thus with fake values.
Tl; dr
What is the threshold for being eligible to claim on Ethereum or gnosis chain?
The threshold for claiming on Ethereum or Gnosis Chain has been established at: 10,000 vCOW tokens. Thus,
If you are eligible for > 10,000 tokens, you will have to claim on Ethereum Network.
If you are eligible for ≤ 10,000 tokens, you will have to claim on Gnosis Chain Network.
**Note that for Smart Contract wallets such as the Gnosis Safe, given that the wallet address is not necessarily the same one across chains, regardless of the amount you were airdropped, you will only be able to claim in the network where you were awarded the tokens.
Before starting the guide, please make sure you read and understand the following points:
vCOW is a governance token and therefore will be non-transferable in the beginning. This means you WILL NOT be able to sell it immediately after claiming. However, it is up to CowDAO members (YOU) to vote on whether making the token transferable complies with applicable laws.
Claiming takes place on either Mainnet and/or Gnosis Chain. Where you can claim is NOT related to your activity but ONLY to the amount of vCOW Tokens you are eligible for under the airdrop criteria. (Besides for Smart Contract wallets as the wallet address is not necessarily the same one across chains). Users eligible for 10,000 vCOW Tokens or less will claim on Gnosis Chain. They are also sent 0.1xDAI each to cover their gas costs. Everyone else can claim on Mainnet.
Airdrop: airdrops are dropped to users who have earned a CoW-POAP, traded on either Ethereum &/or Gnosis Chain, and to GNO holders.
In addition to receiving the airdrop, some users also have the option to invest and buy additional vCOW tokens. These Investment Options were dropped and offered to traders and to GNO holders. GNO holder options let you buy vCOW with GNO. Trader options let you buy vCOW with ETH on Mainnet and with xDAI on GnosisChain.
If you exercise an Investment Option, the amount you invest WILL BE VESTED linearly over 4 years. This means that you WILL NOT get the amount immediately after investment.
When exercising your investment option, you are presented with the opportunity to choose a % amount to invest. Note that claiming the investment options is ONLY POSSIBLE ONE TIME and thus, if you don’t fully claim it, you will not be able to reclaim the % you leave uninvested.
You will be able to claim the airdrop and investment options all within one bundled transaction.
Want more vCOW? GnosisDAO is vesting 5% vCOW to users locking their GNO until February 15 here: lock.gnosis.io
If the above points are not sufficient for you, here is a more detailed blogspot regarding the vCOW token.
Claiming 1st step
Make sure that you follow only official links. Once you are in the website double check that the URL is in fact https://cowswap.exchange. BE CAREFUL WITH SUSPICIOUS NON-OFFICIAL URLs.
Connect the wallet to the CowSwap Interface.
If you are eligible for claiming in Gnosis chain, make sure that you are connected to the Gnosis Chain network. For this, double check that the network toggle next to the vCOW one is marked as “Gnosis Chain”
After connecting the wallet, click on the vCOW icon
After clicking on the icon, a new page will appear telling you the airdrop amount you were airdropped.
Claiming for a non-connected Account
We have taken the liberty to hack a small airdrop innovation for our project. Unlike in past airdrops where the connected account is the only one available to claim, for the vCOW drop that is no longer the case. CoWnovation coming right at you!!
This means that the connected account can perform the claiming for a non-connected account. Essentially allowing the user to only need funds in the connected account while being able to claim the airdrop allocated to another of their accounts.
From the attacker point of view, it does not make any sense to claim for someone else as you will be paying the gas costs, and if applicable, spending the investment tokens on behalf of that account. Thus, only benefiting the user you are claiming it for, as they will get the tokens without spending any gas money or their investment tokens.
**Note that this optional, if you still wish to claim via connected accounts, disregard the steps mentioned in this section.
If you wish to claim for a non-connected account, then simply follow the above steps in Claiming Section 1. Once you click on the vCOW icon you can see the following:
On the top right corner, you can notice that it says “Change Account”, if you click on it, the following screen will appear:
From there, you simply just need to input the address that you want to perform the claiming for. Once you have done that, you have to click on the Check Claimable vCOW button.
From here on, the process will be exactly the same as the one described in the different CoW Airdrop scenarios. The only difference is that you will spend the gas costs, and/or the investment tokens with the connected account instead of the claiming account.
Claiming 2nd step
After clicking on the new vCOW Icon on the top, a new page will appear telling you the amount you were airdropped and/or the different types of claims your wallet has been dropped with.
As you may have read from the GIP-13 posts and the twitter thread, there are different types of airdrop claims. Meaning that as a user you can qualify in 4 different ways.
Airdrop for being an early user
Airdrop for being an early user + Airdrop investment option for being a GNO holder
Airdrop for being an early user + Airdrop investment option for being an active user
Airdrop for being an early user + Airdrop investment option for being a GNO holder + Airdrop investment option for being an active user
Each of these categories is entitled to a different type of airdrop, and will therefore have different claim flow steps. You cannot choose which type of claim you were given. Your connected wallet or claiming address will be the one that determines which types of airdrop it qualifies for.
CoW who got “Early user Airdrop”
After completing the 1st & 2nd steps, you should be able to see a screen with the number of vCOW tokens allocated to your address:
From this page, we can see three important aspects:
The token is used for governance & a link to a more detailed blogpost about the vCOW token
The deadline for that address to claim the tokens
Once you are ready to proceed on the next step, you will have to click on the “Claim vCOW” button. After clicking on the button, your wallet should pop up for you to approve the execution of the transaction:
By clicking on “Confirm”, and submitting the transaction, you will have to wait until the transaction is mined. Once the miners pick up your transaction and mine it (the time will depend on the amount of gas $ you are willing to spend to see it happen), you should see the following screen:
That’s it! You are now the proud owner of the vCOW token.
CoW who got “Early user Airdrop” & “Investment User Option”
After completing the 1st & 2nd steps, you should be able to see a screen with the number of vCOW tokens allocated to your address, dividing the amounts based on what you got from being an Early user, and the amount you are able to buy through the investment option.
From this page, we can see three important aspects:
The token is used for governance & a link to a more detailed blogpost about the vCOW token
The deadline for that address to claim the tokens
The deadline for that address to claim the investment option
If you do not wish to exercise the investment option, then simply proceed to click “Claim vCOW” without ticking the investment option box, and the rest of the claim is exactly like in the section “CoW who got “early user airdrop”.
However, if you do wish to exercise the investment option, you will have to tick the investment option box and click on the “Claim vCOW” button. After you have done that, the following screen will appear:
Once you click on “Continue” the following screen should appear:
**Note that if you qualify for the xDAI investment option, you DO NOT need to approve xDAI for investing, and thus you do not need to send a transaction for the approval.
Because you aren’t forced to invest the full amount of tokens that you were awarded to invest with, you have to specify the amount you wish to invest. After you have selected the amount you wish to invest, the progress bar will tell you how much (%) of your available investment option you are using and how many tokens you will receive in exchange.
Once you have decided the amount you wish to exercise and have input the amount, you will have to click on Review to continue.
After clicking on “Review”, you should find a page where you can see a detailed summary or the investment option you are about to exercise. You can find information such as the price at which you are buying, the maximum amount of xDAI that you can invest, the % of the investment option used, and the amount of tokens that you will receive after the vesting period is over.
You can also see the accounts (Address) that you are claiming with
PLEASE MAKE SURE YOU UNDERSTAND THE FOLLOWING:
THE TOKENS YOU ARE BUYING THROUGH THE INVESTMENT OPTION WILL BE LINEARLY VESTED OVER 4 YEARS. THAT MEANS THAT YOU WILL NOT GET THE TOKENS IMMEDIATELY AFTER THE CLAIMING PROCESS. BUT WILL RECEIVE THE VESTED AMOUNT LINEARLY FOR EACH GNOSISCHAIN BLOCK UNTIL THE BLOCKCHAIN REACHES THE 4 YEARS TIME.
YOU CAN ONLY EXERCISE YOUR INVESTMENT OPTION ONCE, MEANING THAT THE % OF THE INVESTMENT OPTION THAT YOU LEAVE UNCLAIMED AFTER THESE STEPS, WILL EXPIRE AND WON’T BE AVAILABLE ANY LONGER.
IF YOU ARE CLAIMING FOR A NON-CONNECTED ACCOUNT, CLAIMING AND RECEIVING ADDRESS WILL BE DIFFERENT. DOUBLE CHECK THAT THEY ARE THE CORRECT ONES.
IF YOU ARE CLAIMING FOR A NON-CONNECTED ACCOUNT, YOU HAVE TO INVEST 100% OF ANY SELECTED INVESTMENT OPTION
Once you are clear with that, you can move forward with the investment and review the transaction you are about to submit.
From this page, you can see a full overview of what the transaction you are about to submit will perform. We can see information such as:
Claiming Account
Receiving account
Claim type (Airdrop & Investment)
Short FAQ
If you have read everything carefully and you are ready to execute the transaction, then you will have to click on the “Claim and invest vCOW” button. After you do that, your wallet will pop up so that you can confirm the transaction:
By clicking on “Confirm”, and submitting the transaction, you will have to wait until the transaction is mined. Once the miners pick up your transaction and mine it (the time will depend on the amount of gas $ you are willing to spend to see it happen), you should see the following screen:
That’s it! You are now the proud owner of the vCOW token.
CoW who got “Early user Airdrop” & is “GNO holder investment Option”
After completing the 1st & 2nd steps, you should be able to see a screen with the number of vCOW tokens allocated to your address, dividing the amounts based on what you got from being an Early user, and the amount you are able to buy through the investment option.
From this page, we can see three important aspects:
The token is used for governance & a link to a more detailed blogpost about the vCOW token
The deadline for that address to claim the tokens
The deadline for that address to claim the investment option
If you do not wish to exercise the investment option, then simply proceed to click “Claim vCOW” without ticking the investment option box, and the rest of the claim is exactly like in the section “CoW who got “early user airdrop”.
However, if you do wish to exercise the investment option, you will have to tick the investment option box and click on the “Claim vCOW” button. After you have done that, the following screen will appear:
Once you click on “Continue” the following screen should appear:
**Note that if you qualify for the GNO investment option, you DO need to approve GNO for investing.
Before being able to claim, you need to click on “Approve GNO” to execute the approval allowance for using your GNO tokens.
Once you click on it, your wallet will prompt a confirmation to execute the chain’s transaction.
By clicking on “Confirm”, and submitting the transaction, you will have to wait until the transaction is mined. Once the miners pick up your transaction and mine it (the time will depend on the amount of gas $ you are willing to spend to see it happen), you should see the following screen:
After having clicked on “Confirm” and the transaction has been mined, you should check that indeed the UI has recognized the approval, and you see the checkmark icon. Because you aren’t forced to invest the full amount of tokens that you were awarded to invest with, you have to specify the amount you wish to invest. After you have selected the amount you wish to invest, the progress bar will tell you how much (%) of your available investment option you are using and how many tokens you will receive in exchange.
Once you have decided the amount you wish to exercise and have input the amount, you will have to click on Review to continue.
After clicking on review, you should find a page where you can see a detailed summary or the investment option you are about to exercise. You can find information such as the price at which you are buying, the maximum amount of GNO that you can invest, the % of the investment option used, and the amount of tokens that you will receive after the vesting period is over.
You can also see the accounts that you are claiming with
PLEASE MAKE SURE YOU UNDERSTAND THE FOLLOWING:
THE TOKENS YOU ARE BUYING THROUGH THE INVESTMENT OPTION WILL BE LINEARLY VESTED OVER 4 YEARS. THAT MEANS THAT YOU WILL NOT GET THE TOKENS IMMEDIATELY AFTER THE CLAIMING PROCESS. BUT WILL RECEIVE THE VESTED AMOUNT LINEARLY FOR EACH GNOSISCHAIN BLOCK UNTIL THE BLOCKCHAIN REACHES THE 4 YEARS TIME.
YOU CAN ONLY EXERCISE YOUR INVESTMENT OPTION ONCE, MEANING THAT THE % OF THE INVESTMENT OPTION THAT YOU LEAVE UNCLAIMED AFTER THESE STEPS, WILL EXPIRE AND WON’T BE AVAILABLE ANY LONGER.
IF YOU ARE CLAIMING FOR A NON-CONNECTED ACCOUNT, CLAIMING AND RECEIVING ADDRESS WILL BE DIFFERENT. DOUBLE CHECK THAT THEY ARE THE CORRECT ONES.
IF YOU ARE CLAIMING FOR A NON-CONNECTED ACCOUNT, YOU HAVE TO INVEST 100% OF ANY SELECTED INVESTMENT OPTION
Once you are clear with that, you can move forward with the investment and review the transaction you are about to submit.
From this page, you can see a full overview of what the transaction you are about to submit will perform. We can see information such as:
Claiming Account
Receiving account
Claim type (Airdrop & Investment)
Short FAQ
If you have read everything carefully and you are ready to execute the transaction, then you will have to click on the “Claim and invest vCOW” button. After you do that, your wallet will pop up so that you can confirm the transaction:
By clicking on “Confirm”, and submitting the transaction, you will have to wait until the transaction is mined. Once the miners pick up your transaction and mine it (the time will depend on the amount of gas $ you are willing to spend to see it happen), you should see the following screen:
That’s it! You are now the proud owner of the vCOW token.
CoW who got “Early user Airdrop” & is “GNO holder investment Option” & “Investment User Option”
After completing the 1st & 2nd steps, you should be able to see a screen with the number of vCOW tokens allocated to your address, dividing the amounts based on what you got from being an Early user, and the amount you are able to buy through the investment option.
From this page, we can see three important aspects:
The token is used for governance & a link to a more detailed blogpost about the vCOW token
The deadline for that address to claim the tokens
The deadline for that address to claim the investment option/s
If you do not wish to exercise the investment option, then simply proceed to click “Claim vCOW” without ticking the investment option box, and the rest of the claim is exactly like in the section “CoW who got “early user airdrop” or select whatever option you wish to exercise and refer to the appropriate section.
However, if you do wish to exercise the investment option, you will have to tick the investment option boxes you wish to claim and click on the “Claim vCOW” button. After you have done that, the following screen will appear:
If you have selected to exercise all your investment options, the following screen will appear:
**Note that if you qualify for the GNO investment option, you DO need to approve GNO for investing.
**Note that if you qualify for the xDAI investment option, you DO NOT need to approve xDAI for investing.
Before being able to claim, you need to click on “Approve GNO” to execute the approval allowance for using your GNO tokens to exercise your GNO options. Once you click on it, your wallet will prompt a confirmation to execute the chain’s transaction.
By clicking on “Confirm”, and submitting the transaction, you will have to wait until the transaction is mined. Once the miners pick up your transaction and mine it (the time will depend on the amount of gas $ you are willing to spend to see it happen), you should see the following screen:
After having clicked on “Confirm” and the transaction has been mined, you should check that indeed the UI has recognized the approval, and you see the checkmark icon. Because you aren’t forced to invest the full amount of tokens that you were awarded to invest with, you have to specify the amount you wish to invest. After you have selected the amount you wish to invest, the progress bar will tell you how much (%) of your available investment option you are using and how many tokens you will receive in exchange.
Once you have decided the amount you wish to exercise and have input the amount, you will have to click on Review to continue.
After clicking on review, you should find a page where you can see a detailed summary or the investment option you are about to exercise. You can find information such as the price at which you are buying, the maximum amount of GNO that you can invest, the % of the investment option used, and the amount of tokens that you will receive after the vesting period is over.
You can also see the accounts that you are claiming with
PLEASE MAKE SURE YOU UNDERSTAND THE FOLLOWING:
THE TOKENS YOU ARE BUYING THROUGH THE INVESTMENT OPTION WILL BE LINEARLY VESTED OVER 4 YEARS. THAT MEANS THAT YOU WILL NOT GET THE TOKENS IMMEDIATELY AFTER THE CLAIMING PROCESS. BUT WILL RECEIVE THE VESTED AMOUNT LINEARLY FOR EACH GNOSISCHAIN BLOCK UNTIL THE BLOCKCHAIN REACHES THE 4 YEARS TIME.
YOU CAN ONLY EXERCISE YOUR INVESTMENT OPTION ONCE, MEANING THAT THE % OF THE INVESTMENT OPTION THAT YOU LEAVE UNCLAIMED AFTER THESE STEPS, WILL EXPIRE AND WON’T BE AVAILABLE ANY LONGER.
IF YOU ARE CLAIMING FOR A NON-CONNECTED ACCOUNT, CLAIMING AND RECEIVING ADDRESS WILL BE DIFFERENT. DOUBLE CHECK THAT THEY ARE THE CORRECT ONES.
IF YOU ARE CLAIMING FOR A NON-CONNECTED ACCOUNT, YOU HAVE TO INVEST 100% OF ANY SELECTED INVESTMENT OPTION
Once you are clear with that, you can move forward with the investment and review the transaction you are about to submit.
From this page, you can see a full overview of what the transaction you are about to submit will perform. We can see information such as:
Claiming Account
Receiving account
Claim type (Airdrop & Investment)
Short FAQ
If you have read everything carefully and you are ready to execute the transaction, then you will have to click on the “Claim and invest vCOW” button. After you do that, your wallet will pop up so that you can confirm the transaction:
By clicking on “Confirm”, and submitting the transaction, you will have to wait until the transaction is mined. Once the miners pick up your transaction and mine it (the time will depend on the amount of gas $ you are willing to spend to see it happen), you should see the following screen:
That’s it! You are now the proud owner of the vCOW token.
Check out our website https://cow.fi/
About CoW Protocol
CoW Protocol lets people swap assets MEV protected by leveraging its batch settlement layer built on top of DeFi’s favorite AMMs and DEX Aggregators. Traders sign their orders and delegate the execution to so-called solvers. By batching multiple trades together in order to create CoWs (Coincidence of Wants), solvers can save on gas costs & AMM fees leading to structurally better prices than on any existing DEX aggregator. In the absence of CoWs solvers fall back to using the best possible on-chain route, by comparing quotes from leading aggregators.
Twitter| Documentation| Discord
The was taken across all categories equally: block 13974427 for Ethereum & block 20024195 for Gnosis Chain
Eos NetworkFebruary 14, 2022
The Everything EOS Weekly Report publishes all of the latest news and updates from around the world in the EOS ecosystem.
Chinese/Korean at bottom || 中/韩文在底部 || 하단에 중국어/한국어
The Everything EOS Weekly Report sources stories and updates from the community members that are part of the English, Chinese and Korean EOS communities. The Everything EOS Weekly Report is the best place to catch up on all the latest news in EOS from all around the world.
This week includes:
Core+ Blue Paper
ENF Instituting Formal Litigation Proceedings Against Block.one
The ƒractally Team is Growing
More /Rants by Yves La Rose
Pomelo Season 2 NFTs: Get Your Kimberlites
EOSWriter Podcast Launched
Upland Introduces P2P Transfers for UPX token
EDEN Spark — I Like EOS Meme Contest
Core+ Blue Paper
The Core+ Blue Paper outlines how to provide EOSIO users and developers with the resources needed to configure their own implementation of EOSIO.
It is composed of three phases, working together to take EOSIO to the moon:
1. Launchpad
Launchpad covers the minimum requirements to produce value for the network and provide a stable base to relaunch EOSIO, by:
Filling major technical gaps identified by the Core+ team and the EOSIO community
Comprehensively reviewing and updating the documentation and training for EOSIO
Ensuring the documentation and training is owned and managed by the EOSIO community
2. Lift-Off
Lift-Off expands upon Stabilize by focusing on:
Implementing multi-chain compatibility for EOSIO
Enhancing onboarding through partnerships, events, working groups, etc.
Enhancing outreach to attract new developers, users, and education and business partners
Developing a legal framework to help projects get from POC to a live environment
3. Propel
Propel includes all of the above with augmented features:
Improving speed and scale of EOSIO
Attracting and supporting millions of new users from around the world
Bringing EOSIO to the major business centers in Europe, the Americas, and Asia
Specifically, the Core+ Blue Paper covers the following topics:
✓ Improvements to Ricardian contracts integration
✓ Improvements to REX, staking, and voting
✓ Improvements to nodeos integration
✓ Expansion of smart contract toolkits
✓ Creation of front- and back-end architecture guides
✓ Development of comprehensive smart contract testing tools
✓ Creation of use case templates
✓ Creation of a library of smart contract templates
✓ Creation of a curated catalogue of EOSIO resources
✓ Creation and documentation of EOSIO tools for Windows and macOS
✓ Improvements to the Blockvault plugin
✓ Restarting of the EOSIO for Business initiative
✓ Improvements to features and intrinsics in plugins
✓ R&D for increased business adoption of EOSIO
✓ Creation of scripts for standalone cleos and keosd
✓ Development of SSI solutions for EOSIO
✓ Implementation of an API endpoint for speculative transaction status
✓ Establishment of multi-regional legal support for EOSIO
✓ Improvements to BP reward system
ENF Instituting Formal Litigation Proceedings Against Block.one
The EOS Network Foundation has announced we’ve hired a Canadian law firm to investigate B1’s past actions and promises vis-à-vis the EOS community and EOS investors to determine what legal avenues are available to seek redress. This story was picked up by many crypto publications including CoinDesk, CoinTelegraph, CryptoBriefing and others.
We are aware that many members of the EOS community feel that Block.one has not kept its word regarding past promises and that both the community and individual EOS users have been harmed as a result. As we announced previously, in November and December 2021 we engaged in negotiations with Block.one to attempt to arrange a fair and reasonable resolution with Block.one that would position the EOS community for future success. Unfortunately Block.one decided to walk away from the negotiations and as a result the EOS Block Producers determined it was in the best interest of the community to freeze the vesting of all the EOS tokens that Block.one was to earn in the future.
We have continued to engage with community members and stakeholders on this issue and what we have heard is that the community supports the Foundation taking further steps toward holding Block.one accountable for its past actions and broken promises. Accordingly we have retained a leading Canadian law firm to investigate Block.one’s past actions and promises vis-à-vis the EOS community and EOS investors to determine what legal avenues are available to seek redress. This will include a review of all possible legal recourse including, but not limited to, instituting formal litigation proceedings against Block.one. We will keep the community updated as this investigation progresses.
EOS Community Weighs Legal Action Against Block.one Seeking $4.1B
The EOS Network Foundation, the organization set up to support the development of the EOS ecosystem, is considering…
www.coindesk.com
The ƒractally Team is Growing
Last week we learned about 3 new additions to the ƒractally team.
First, John Williamson, creator of the Violet Garden incentivized blogging platform on EOS, was hired to join the team. You can watch the above GenPool Spotlight interview to learn more about John and his role within ƒractally.
Second, Dan Larimer tweeted about Valzav joining the team and bringing with him the experience acquired while being the lead UI dev for both the Bitshares Exchange and at Steemit.com.
And finally, well known EOS developer James Mart has also joined the team to help enhance EOS tokens, DeFi, wallets and developer tools. James Mart also published a YouTube /rant of his own addressing the topic of exchange voting and mechanism design in general.
/Rants by Yves La Rose: Mindset Shift, Vilifying Exchanges, Token Listings
Yves La Rose brings gives some much needed context on the present circumstance & rants about the mindset shift necessary for EOS to move from outmoded concepts of funding & development, to how we progress with leadership & decentralization while bringing together the teams and resources we need to thrive.
Yves La Rose rants about the problematic nature of vilifying exchanges, the important roles they play within the EOS & wider crypto ecosystems, & the need to develop win-win, pragmatic business relationships
Yves La Rose demystifies the process around exchange token listings and touches on both the legal and operational considerations that come into play as well as the unique case of EOS based tokens.
Pomelo Season 2 NFTs: Get Your Kimberlites
While the official launch of the 2nd season of Pomelo is coming up in March, the promotional Pomelo NFT Season 2 Series has already started! The first NFT that can be purchased is the Kimberlite! Collectors can either purchase directly from the drop page on AtomicHub or for those who want to help beta test a new product, collectors can purchase some EOS NFTs directly from Shopify! This allows collectors to use standard payment methods such as credit cards, Apple Pay, Google Pay or PayPal!
The 2nd NFT of the series, the Grant Collectibles, will be available for purchase this week. Those who want to continue on with the Pomelo Season 2 NFT adventure will need to blend 4x Kimberlites and 1x Grant Collectible to create the mysterious Diamond Potion! What can you do with a Diamond Potion? We don’t know yet but we’re sure we’ll find out soon enough!
Stay tuned to the Pomelo Twitter to find as the team continues to reveal more details about the NFT series every week leading up to the official March launch of Pomelo Season 2.
Want to learn more about the Pomelo crowdfunding platform? Check out some recent Bywire News interviews with Daniel Keyes, CEO of EOS Nation. Part one of the interview discusses the past, present and future for Pomelo while highlighting some lessons learned from season 1 while part two of the interview explores what Pomelo could look like in the distant future and reveals exciting advances and potential new features for the shorter term.
EOSWriter Podcast Launched
Going back to the foundations of where it all began, the EOSwriter Podcast hosted by Corey Cottrell & Jimmy D aims to dive exclusively into the exciting rejuvenation of the projects, developers, and sentiments on the EOS mainnet. This week features their first ever episode and they’re joined by no stranger to the space, John Heeter. This episodes discusses EOSPowerup.io and the launch of the new PowerUp NFT’s, Boid, EdenOnEOS, and other odds and ends from around the EOS space.
Upland Introduces P2P Transfers for UPX Token
Upland, the most popular P2E game on EOS, continues to release new features making the game more and more enjoyable for both current players and newcomers. Last week saw the introduction of peer-to-peer transfers for their in-game currency, UPX. Since UPX carries real-world value, players will have to verify their identification before being able to unlock this feature. Learn more about UPX transfers in their recently published blog post.
EDEN Spark — I Like EOS Meme Contest
Are you a fan of EOS and a creator of MEMES? If so, you should join the Eden Spark “I Like EOS” meme contest! Running during the month of February, this contest is open to anyone in the community and even features a 10 EOS prizepool. Check out their Twitter account, join their Telegram channel and let the EOS meme creativity flow through you! Have fun and good luck!
EOS Network Foundation
The EOS Network Foundation coordinates financial and non-financial support to encourage the growth and development of the EOS Network. We’re harnessing the power of decentralization to chart a coordinated future for the EOS Network as a force for positive global change.
EOS Network Foundation
The EOS Network Foundation coordinates financial and non-financial support to encourage the growth and development of the EOS Network. We’re harnessing the power of decentralization to chart a coordinated future for the EOS Network as a force for positive global change.
Sturdy
Sturdy
Sturdy
Sturdy is a new kind of DeFi lending protocol that enables users to earn high stablecoin yields or take out interest-free loans.
XY Finance
Antimatter Finance
Deactivated Topic
GuildFi
Clearpool
DeSyn Protocol
ZETAMay 13, 2021
Revolutionizing Options Trading on DeFi
Zeta is revolutionizing options trading on DeFi, enabling anyone to effectively hedge risk against crypto market movement and events.
Our value proposition:
Hybrid orderbook and options AMM model (automated market maker) that allows for efficient pricing and deep liquidity
Greater capital efficiency via under-collateralization
Lightning fast transactions and low fees (thanks to Solana)
A strong focus on the user experience with easy-to-trade derivative products and exciting underlyings that appeal to the you, the pioneers of DeFi
Current Landscape
Financial derivatives (futures & options) are a tried and tested means to safeguard assets and enhance returns — traders are able to access leverage, portfolio managers can cover black-swan risks, and producers are able to lock in their income streams. Despite the wild popularity of perpetual futures on platforms like FTX (accounting for 10x the volume of spot trading), why aren’t options more actively utilized on DeFi?
Current on-chain protocols are prohibited by the expensive nature of their transactions, meaning investors have an additional hurdle in fees and timeliness to execute their transactions.
Although AMMs are able to reasonably provide spot liquidity — futures and options are slightly more complex to price and trade, meaning no liquidity pool has been able to both attract significant TVL and remain profitable.
🏛 Huge collateral obligations
Current DeFi derivative platforms haven’t been able to address the fact that options have unbounded payoffs without asking users to fully collateralise. This significantly affects an investor’s capital efficiency, increasing the implicit costs of trading options.
Because of the concerns above, a liquidity stalemate occurs. Nobody wants to trade because it’s too expensive, and nobody wants to provide liquidity because it’s too risky!
Vision & Innovation
Zeta addresses these gaps in the current DeFi landscape — building a sub-second speed options protocol on the Solana network, with an AMM designed to provide liquidity for traders, and long-term yield to investors.
Our goal is to provide a platform where traders aren’t sacrificing ease of access, capital efficiency or liquidity, and instead have a professional-grade platform to trade derivatives on a number of crypto-centric underlyings.
We are providing innovation on several fronts:
Building a derivatives protocol on Solana provides traders the ability to trade at lightning speed on the Serum orderbook with almost zero cost, unlike current platforms which rack up hundreds of dollars in fees and take minutes just to clear orders.
Zeta’s proposed AMM will provide superior yields to LPs, as well as encourage liquidity by making markets on every product we list. We employ a dynamic AMM which takes in information from every trade in the market to determine a fair option value, responding in the same way a ‘real’ market maker would. This allows for infinite horizontal scalability to any tail liquidity tokens and strikes.
⚖ Under-collateralization
Collateral is significantly reduced on Zeta’s options platform. We recognise that options in conjunction are often less risky than standalone, and actively reduce trader’s required collateral for spreads, strangles, straddles, flies and more.
Most of all, we want to provide products that real crypto natives care about. We will be looking to list not only derivatives on spot prices, but derivatives on blockchain information, gas fees, funding rates and more — with community feedback at every step.
The Road Ahead
Zeta’s 2021 Roadmap
Future Opportunities
Volatility surface API
Perpetual futures
Get Involved
We can’t begin to describe how excited we are to embark on this journey with you all. Stay in touch with our progress and join the next wave of DeFi innovation by checking out our website, joining the Zeta Discord and following @ZetaMarkets on Twitter.
Everlasting options
Novel Derivatives
Liquid Markets
Speed and Efficiency
Liquidity issues
Poor AMM profitability
Costs
Decentralized finance has grown exponentially in the past year from 900M last May to 90B total value locked (TVL) at the time of writing, a whopping 100x in growth . DeFi has opened up the door for digital asset investors to safely trade, store, and earn on their digital assets without the intervention of a trusted central counterparty. With new advancements like automated market-making (AMM) pools, lending platforms, and asset staking hitting the market — investors now, more than ever, need effective ways to hedge their risk.
FantomDAOFebruary 10, 2022
Dear Fantom DAO Community!
We are honored to share our updated launch roadmap for Fantom DAO.
We plan to highlight everything you need to know about our IDO (Initial Defi offering). We will be explaining why we are doing an IDO, how it is going to operate, and the allocations.
We aim to be the most community-friendly innovative decentralized reserve currency protocol in the Fantom environment. Our investors’ safety, easiness, and sustainability is our main concern. We aim to achieve optimal wealth creation through ‘Staking’ and ‘Bonding’. Fantom DAO overcomes the limitations of first-generation reserve currency protocols, as most of the liquidity pool is owned by the protocol. Our native token $MAGIC is backed by a basket of assets of our treasury, making sure the floor price is in a positive trend at all times.
Vision Statement
We aim to provide a sustainable financial model utilizing the token economy of $MAGIC token along with its NFTs. Acting as a Decentralized Autonomous Organization, we prepare to help people in the greater community to have reliable sources of return to their investments. By utilizing (4,4) game theory, we aim to consistently give out rewards to our holders and grow our community.
Before the takeoff together, let’s answer some common questions:
Why IDO?
IDOs have the ability to prevent some very important things, such as project attack protection. Many projects are destroyed as a result of bot attacks, which eliminates the fairness of participation for people. Fantom DAO strives to create a level playing field for all participants, which is why we believe IDO has a wider appeal.
Fantom DAO also aims to grant additional liquidity to the native token by the funding done by the IDO rounds, so the price of the native token is more stable by any means.
We aim to do everything in high quality, hence the infrastructural costs have been a lot, so some of the IDO will go to our treasury and help us do improvements on our project.
IDO provides established funds for our marketing, partnerships, and all levels of further development. We will be exceptionally well prepared for our buildout when the IDO sells out.
IDO Details
Pricing:
$20 per token for Whitelist Sale / $25 per token for Public Sale
We set the price in a way that everyone who trusts Fantom DAO has a chance to collaborate in this presale and receive good returns.
Supply and Allocation:
Initial Circulation Supply: 60,500 $MAGIC
Whitelist IDO: 22,500 $MAGIC
Public IDO: 22,000 $MAGIC
Initial Liquidity: 16,000 $MAGIC
There will be no team or investor allocation in the IDO.
IDO Usage:
40% — Initial Liquidity
40% — Treasury
20% — Developments and Partnerships
The IDO Plan:
The IDO is split into two stages, including a whitelist round and a general public round.
The whitelist round is only open to individuals who have met specified criteria and have received the whitelist qualification.
Anyone can participate in IDO to purchase a $MAGIC token during a standard public round.
The IDO will be held on Fantom DAO’s website: https://www.fantomdao.finance/
1. Whitelist Round
There are a total of 300 addresses for the whitelist, and the details are as follows:
Participants: Person who owns the address selected as the whitelist
Token quantity: Up to 22,500 $MAGIC token
Token Price: $20 worth of FTM
Quota per wallet: Up to 75 $MAGIC tokens FTM ($1,500 worth of FTM)
Whitelist Quantity Distribution
There are 4 ways to get a whitelist spot.
1) Social Media Promotion: 200 Addresses (By Quality)
Creating and promoting Fantom DAO promotional content through any social media channel will count towards the whitelist spots.
e.g. Twitter, Telegram, Kakao Talk, TikTok, Instagram, YouTube, and blog, using links or screenshots
➡ Submit your entry to the google form below:
https://forms.gle/QT6BHXXSFdSWtQUb9
2) Discord and Telegram Activity: 50 Addresses
The team will handpick all the winners of this category based on the support that a certain individual has given to our project and is contributing actively to our platforms.
➡ Join our Discord here: https://discord.gg/Zhveyvu2ET
3) Giveaway: 30 Addresses
You can participate in the giveaway through Gleam.io.
➡ Giveaway link: To Be Announced
4) Meme Contest: 10 Addresses (By Quality)
Make memes and videos using Fantom DAO’s name and logo, and submit them below to grant yourself more allocation for the whitelist round:
➡ Meme Contest Details: https://twitter.com/Fantom_DAO/status/1490303125139640321
2. Public Round
There is no limit to the addresses that can participate in the public round:
Participants: Anyone
Token quantity: Up to 22,000 $MAGIC tokens
Token Price: $25 worth of FTM
Quota per wallet: None.
Timeline
Whitelist application period: until February 20th
Whitelist Selection Announcement: February 21st
Whitelist IDO: February 22nd — February 23rd
Public IDO: February 23rd
$MAGIC Token Claim: February 24th
UTC time for each timeline — To Be Announced.
FantomDAO
DeFi2.0()+NFT()+IDO() DAO to grow the fantom ecosystem and share the profits with the community! Powered by Fantom.
What is Fantom DAO?
Welcome to Fantom DAO, the magical world where dreams come true through a community-governed platform that is fair for everyone.
As an innovative 'decentralized reserve currency protocol', Fantom DAO provides the investors safe, easy, and sustainable wealth creation through 'Staking' and 'Bonding'. Fantom DAO overcomes the limitations of first-generation reserve currency protocols, as most of the liquidity pool is owned by the protocol. In addition to that Fantom DAO is different from the stablecoin system as each MAGIC token is backed by a basket of assets in its treasury, giving it a solid price floor that it cannot fall below.
Fantom DAO is the Go-to DeFi 2.0 for the Fantom network to grow the Fantom ecosystem and share the profits with the community while utilizing the speed, security, and scalability that Fantom Offers.
FantomDAO
DeFi2.0()+NFT()+IDO() DAO to grow the fantom ecosystem and share the profits with the community! Powered by Fantom.
Strips FinanceFebruary 16, 2022
Strips Interest Rates Exchange (IRX) is the world’s first decentralised venue to trade interest rate derivatives. In this guide, we will show you how to get started trading interest rates on the newest platform!
Step 1— Bridge USDC
Bridge USDC and ETH from Ethereum mainnet to Arbitrum at https://bridge.arbitrum.io/. For more info, read this guide.
Step 2 — Go to https://app.strips.finance
Enter https://app.strips.finance/exchange-pro
Select market
Select default leverage (up to 10x leverage)
Enter position size
Choose long or short
Confirm trade popup
Confirm the transaction in your metamask
On mainnet beta, there will be 3 markets available to be chosen from:
BTC perp funding rate (FTX)
BTC perp funding rate (Binance)
USDC lending rate (AAVE)
More markets will be added over time, please put your suggestions in our telegram group chat https://t.me/stripsfi!
Step 3 — Congratulations!
You’re done! You can also earn more STRP rewards the more you trade. Claim your rewards from https://app.strips.finance/liquidity
note: if your slippage is too high, you may need to increase your max slippage
short: you believe that fixed interest rates will fall
long: you believe that fixed interest rates will rise