Arbitrum pilot program voted through, 45.815 million ARB opens a new chapter of incentives
On the morning of January 17, voting on the proposal for Arbitrum’s long-term incentive pilot program (hereinafter referred to as the pilot program) ended on Snapshot. Among the several voting options, the votes to allocate 45.815 million ARB (45 million for incentives and 815,000 for subsidies for personnel involved in various tasks) accounted for 57.49%, the votes to allocate 25.815 million ARB accounted for 39.23%, and the votes to allocate 3581.5 Wan's vote accounted for 0.81%.
In the end, the vote to allocate 45.815 million ARB won out, with only 2.47% voting to allocate no funds at all.
Short-term incentive plan leads to overall growth
According to OpenBlock statistics, Arbitrum’s short-term incentive plan (STIP), which has been running for several months, is considered a success, and various protocols have achieved overall growth in the number of daily active users (DAU), TVL, and transaction volume. For example, in the DEX category, DAU increased by 118.72%, TVL increased by 49.24%, and transaction volume increased by 333.28%.
I used a metaphor last night. The fighting in the air and in the air is fierce, and the fighting strength of many armies is weakening. Air Force reinforcements are constantly rushing to support them on the road, and many armies are about to retreat 300 miles to set up camp. To strengthen again, I will get an injection in the middle of the night tonight. If you want to buy the bottom, or if it is much lower, or if your existing position is unsafe, please arrange your formation in advance. The needle insertion is sometimes irregular and may not be accurately inserted on the support line. Sometimes it is a little more than it is, and sometimes it is not reached. Therefore, it is necessary to set up the formation from high to low, and from high to high chips. Sometimes it is easy to catch only one point.
What exactly is a meme? Why are meme assets so popular? What do you think about meme assets?
Musk concept: Is it time for trolls to kill dogs?
In the last bull market, Dogecoin, recommended by Musk, became a wealth legend pursued by countless people. However, this week, the rapid rise of TROLL (originally meaning troll, also meaning spray in the Internet context) has aroused strong interest from some investors. This token is highly anticipated by the community and is expected to become a new generation of dogs. Dogecoin. As of January 9, Musk changed his Twitter account profile to "(CTO) Chief Troll Officer", which once again attracted market attention.
In the first half of the year, pepe and aidoge were launched simultaneously. In my one-day charity donation on Twitter, these two were sent out at almost the same time, one with a market value of more than 10 million and the other with a market value of 5 million.
In the second half of the year, troll and zuzalu were launched simultaneously. The former had a market value of more than 10 million when it was sent to group friends, while the latter was pushed out and had a market value of 6 million.
It feels a bit like history repeating itself, but in the first half of the year, the market was very cold, and there was too little money in the market, so we relied on the bankers; in the second half of the year, the market was very good, and there was a lot of money.
MANTA is about to open its airdrop, and popular Meme coins are beginning to emerge on ETH! Drive the market a hundred times and a thousand times
As Inscription temporarily cooled down, BTC and public chains were rising wildly, which led to an increase in funds in the currency circle. At this time, the popularity of MEME came. Spring River Plumbing Duck Prophet, BOT tokens that are strongly correlated with MEME trading popularity have also begun to skyrocket. UNIBOT increased from 37 to 106 BANANA from 5 to 12 In fact, the meme sector has been quiet for a long time in the second half of the year. For a period of time, there were basically no MEMEs with more than 10 million. They were all cut very fast. Many project developers were speculated to be Shenzhen water trays. They could post a few in a day, and it was not painful or itchy. The narrative cannot move the market.
MEME season has begun? A complete review of the top ten most popular projects on the chain
This article introduces the recent MEME season phenomenon in the currency circle. As Inscription cools down, BTC and public chains continue to increase, funds in the currency circle increase, and MEME popularity rises. BOT tokens such as UNIBOT and BANANA have skyrocketed, triggering market sentiment. The author introduces several projects worthy of attention, including Buterin's utopian currency ZUZALU, Musk's TROLL, the old popular currency PEPE and Musk's intelligent robot dogecoin BYTE. The author believes that MEME requires good chip distribution, low market value, and good narrative. The above-mentioned projects have these characteristics. Musk Smart Robot Dogecoin is a newly created coin with a market value of 14 million, 4,200 holders, and a pool of 780,000. There may be a wave of MEME coin craze in the near future, and it is worth paying attention to the coins conceptualized by Musk and Buterin.
Long-term and short-term positions must be separated, preferably in separate accounts. For long-term or fixed investments, you can only buy but not sell. Don't think about selling high and buying low. The end result is to buy high, sell low and get stuck in the car. Just look at my aunt. The trend in the past two days was half dead, and suddenly it picked up. You've survived both the horse and bear markets, but are you still afraid of things like washing the market?
Let’s discuss two very important issues that can make you money:
The concept of Restaking is something that is absolutely popular according to visual inspection. Eigenlayer shares the eth security layer with other chains. It will definitely be a behemoth by then. The valuation and token value are visible!
Earlier, because steth's share was grabbed too quickly, I was lazy and only pledged a small part. Thinking about it, I feel that I missed 100 million.
Ask 2 very important questions:
1. Now Etherfi and Renzo can be dual-mined, and you can get Eigenlayer points and get your own currency issuance expectations. Is there anyone who has done more research, can you tell me which one of these two should I choose with better cost performance?
2. In addition to Ethereum’s Restaking, are there any good Restaking projects on the second layer of Bitcoin?
Sol wallet is horrible. Phantom, don’t click on the various NFTs posted there, otherwise they will be stolen. If you don't need it, don't use it. It's enough to use ok wallet to play with sol chain.
To all of you who haven't done it yet, or are in the process of doing it.
At the beginning of the article, I would like to quote a classic quotation from Mr. Maupassant to encourage us. Maupassant once said that life may not be as good as you imagine, but it won't be as bad as you imagine. People are both more fragile and stronger than you imagine. Sometimes you may burst into tears with a fragile word. Sometimes you find yourself gritting your teeth and you have come a long way. There are always areas in life that are beyond your capabilities, but if you have done your best within your capabilities, then what else do you have to regret?
Your hand cramped from typing inscriptions is the best money printing machine this year
Are you anxious lately, friends?
I told my brothers today that my chest feels tight all the time, I can’t breathe, and I’m extremely anxious. Why?
Because there is freedom of wealth at every turn, everyone is going crazy. They are all working day and night to create inscriptions, runes, and mine to make money. Mainstream inscriptions are rising by five times, and new inscriptions are rising by dozens of times.
I was really dizzy from playing. I didn’t want to play, but just like I couldn’t stop masturbating, I clicked on a new wallet...
I still do research every day, but it’s useless to do research. Just do whatever you want, just do it.
According to news, zkSync ecological derivatives protocol Rollup.Finance will merge with OKTC automatic market making protocol CherrySwap. Both parties have a 6-month observation period, during which either party has the right to withdraw and restore an independent brand. The cryptocurrency merger will be done through a token exchange, where CHE is exchanged for ROP tokens, which will be done through TGE, and the exchange ratio will be disclosed after the ROP TGE. #币安合约锦标赛
3 Cryptocurrencies to Watch Under $0.50 in Mid-December 2023
As we enter the end of 2023, digital asset markets are once again surging. Bitcoin (BTC) is challenging the $44,000 mark, surpassing last week’s 15% gain. In addition, the global cryptocurrency market value has exceeded $1.67 trillion, up 0.6% in the past 24 hours. However, as we welcome the end of 2023, let’s take a look at the top cryptocurrency projects under $0.50 in mid-December.
1: Cardano (ADA) Cardano (ADA) is one of the most popular cryptocurrencies on the market. Although the coin’s price struggled for much of 2023, it regained momentum towards the end of the year. It is up more than 18% in the past seven days and is up more than 4% on the daily chart. The token’s price has surged by more than 82% since January and it is one of the most active projects under $0.50. ADA is down more than 85% from its all-time high of $3.09 in September 2021. The market is expected to rebound in early 2024, and the price of ADA may hit an all-time high next year. 2: VeChain (VET) VeChain (VET) is another popular cryptocurrency with a price below $0.50. The price of VET is up 3.2% on the daily chart and is up 17% from the previous week. VET is up about 60% since the beginning of the year. Although other cryptocurrencies have performed much better, VET is a solid project with strong collaborations.
3: Shiba Inu (SHIB) Shiba Inu (SHIB) is one of the most popular cryptocurrency projects. Since its launch in August 2020, the price of SHIB has soared by millions of percent. Additionally, many early investors made millions of dollars in profits. However, the SHIB wave may not be over yet. Many analysts expect SHIB to reach new all-time highs in the next bull market. Additionally, the project is developing several new initiatives for the SHIB ecosystem, which may drive mass adoption.
I took a look at the K-line of $sats, and I can’t even count how many tops there are. Who has been shipping at this position? If you can't break through and stand firm in the short term, don't open a position. After $ordi's last fake breakthrough on volume, the daily chart is not going well either. In the short term, we will see if it can stand firm at new highs, otherwise it will usher in a larger correction. If the high is -50%, it will be around 30.
$ordi is the most certain medium- and long-term target in this round of bull market. It has not reached the medium- and long-term trigger point, so there is no interest in moving it. Just take a look at short-term analysis. There are many ways to increase the amount of $ordi Good at alpha: ordi-based flip various inscriptions earth dog/picture, dragon 23456; Those who are good at swings: mid- and short-term swings (I don’t touch the short-term, I don’t understand); Good at holding: Always get a real bull market, at least to ensure a large number. #BTC #币安合约锦标赛 #ordi
The daily trading volume of Solana DEX reached US$1.12 billion, which is 90% of the daily trading volume of Ethereum DEX According to data disclosed by Sol Bulletin on the X platform, the daily trading volume of Solana DEX soared to US$1.12 billion, accounting for 90% of the daily trading volume of Ethereum DEX. #币安合约锦标赛 #sol
Data shows that the current negative premium rate of Grayscale GBTC is 10.71%, the negative premium rate of ETH Trust is 13.47%, and the negative premium rate of ETC Trust is 28.60%. In addition, the premium rate of SOL Trust is 240.62% and the premium rate of MANA Trust is 160.13%.