Recruiting 101 in an Anon world.

A thread about how @0xZaius went from conceiving an idea to share Incooom more fairly on August 17 to launching it on September 9 (23 days) Image
1. On August 17, @wagmianon and I conducted an information session about financial modeling and safely using leverage to enhance returns (known as the 9,9 strategy).

@0xZaius saw that session and thought there should an easier way to let everyone access Alfa.
2. So he starts recruiting people. He says he’s been a part of Olympus since the beginning so he knew who is good and who is a contributor.

This is the really interesting part.

There are over 12k Ohmies but about 65 or so active contributors.
3. Knowing capabilities and interests of contributors is important.

Monk knew that well.

So like a good founder he starts asking individuals to help out in setting up the discord, creating marketing collateral, developing smart contracts and the whole shebang.
4. Capability agrees to put time and effort because the vision is compelling:

Democratize access to Alfa.

It’s also fun. Throw in an NFT that represents claim on a strategy but also expresses sentimental value.

It’s also bullish for $OHM.

Win win win
5. Wait how is it bullish for $OHM?

Incooom will facilitate assumption of leverage in a coordinated way. Ohmies who buy Incooom NFTs will essentially get leveraged exposure to $OHM.

My high level estimate says Incooom alone will bump RFV by $8.5 million.
6. Coming back to Monk.

So Monk says he’s been in the discord of Olympus since the beginning.

He knows who is good at what.

He reached out to individuals and asked for help. And lo and behold.

In 23 days a new project is launching. No VCs, no annoying conversations.
7. But this works only because Monk was deeply immersed in the Olympus community.

He hung out at Olympus. He also had a vision. And the will to power.

The will to power that Nietzsche talked about.
8. There’s no LinkedIn for anon recruiting. It literally requires spending time with a community and staying tuned in.

Recruiting the right talent and marrying them with a compelling idea is what founders do. That’s what @0xZaius has done.

The guy is an inspiring founder.
9. The best part is that all this feels fun. It’s not dull and annoying the way fundraising is. It’s energizing. It’s magnificent.

It’s the kind of stuff that makes crypto so magical. The kind that can only be experienced. It can’t be explained.
10. So you want to experience the magic?

Join Apefest fren, it starts in 2 hours and 9 mins.

Not everything will be crystal clear at the outset. But together we can build this castle and shape it in ways that appeals to our sense of beauty and fairness.

INCOOOOOOMINGGGGGG.
To join ape fest click here

discord.gg/incooom

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More from @ishaheen10

15 Sep
Why @KlimaDAO matters.

The price of carbon credits varies widely from $1-$50 per, averages at $3-5/ton today. Price depends on:

1. Type of carbon offset project,
2. Carbon standard under which it was developed,
3. Location of offset,
4. Vintage year
5. Co-benefits
Klima DAO will tokenise varified carbon credits into Tokenized Carbon Tons (TCT).

Every TCT will be backed by at least 1 tonne of CO2 credit.

When a TCT is brought on-chain, it will be removed from the off-chain database.
Using Creol’s open-source carbon-credit-tokeniser, Klima DAO will onboard Verified Carbon Units (VCUs) from the Verra Registry in to the ecosystem as TCTs.

Vera Registry has issued 760 million tons of VCUs and it was launched in 2020.
Read 16 tweets
12 Sep
What is inside the Black Box?

A thread about the @missingfrontier and @missingwatcher covering:

- What is GameFi?
- What is Frontier?
- What is in the Black Box?
- What are Flash Blocks?
- Who is The Watcher?
- What is $DATA utility token?
- When can you play?
- Should you ape?
1. What is GameFi?

It’s like DeFi but with games.

You collect items and solve puzzles. Along the way you earn more crypto assets + the assets you bought become more valuable.

Remember how World of Warcraft characters would sell for $10k in 2007?

This is that on steroids.
2. What is Frontier?

A community driven Player versus Player (PvP) online game.

The founder says: “we are sitting on an Riot Games of NFT level opportunity by turning the Browser Game into a competitive AAA game”

Here’s a preview of product quality and what to expect.
Read 9 tweets
28 Aug
@OlympusDAO Liquidity Bonds versus Liquidity Mining:

2 ways to bootstrap token liquidity but with different financial and psychological implications for token holders.

A thread exploring the cost of acquiring + maintaining liquidity through two different methods. Image
1. What is Liquidity Mining?

Token XYZ launches, offering high APRs in XYZ terms.

This encourages yield seekers to create Liquidity Pools or LP tokens on a DEX like Uniswap.🦄

APRs are kept high to compensate liquidity providers against "impermanent loss". 📉 Image
2. What is impermanent loss?

It is loss borne by an LP token holder when price of two tokens diverges from the point an LP token was minted.

Much longer discussion here.

TL;DR: there’s plenty of risk here so be aware liquidity providers. Image
Read 9 tweets
9 Aug
Q. How is $OHM not a ponzi?

A. $OHM is completely transparent and generates revenues beyond bond sales.

~$30k/day ($11 mm annualized) from trading fees and it could generate another $3 mm / yr on its stablecoin balance, assuming 11% yields.

👇

$14 mm / year WITHOUT bond sales Image
There are roughly 1 million $OHM in circulation so $14/OHM is the non bond revenue/OHM/yr

Non bond revenue per $OHM / price per $OHM = 14/415 = 3.4%

Without ANY external capital inflows, $OHM holders can realize a 3.4% dividend yield right now.

Ponzi schemes cannot do this. Image
Q. But these trading and yield farming revenues are less than 10% of total rev, what about that?

A. $OHM is less than 4 months old and it’s in an expansionary phase. It’s treasure balance is barely $30 mm with liquidity barely $65 mm.

Over time non bond revenue % should ⬆️ Image
Read 8 tweets
2 Aug
Hi Ohmies, the policy team at @OlympusDAO made an announcement today that you should check out.

Here’s a brief thread explaining the levers used to put these policies in action and also a bit of rationale/explanation behind each statement. Image
1. To decrease bond capacity, a bond’s Bond Control Variable (BCV) is increased.

Bond Price = 1 + debtRatio x BCV

By drastically increasing FRAX BCV from 690 -> 13,900, bond price for a given debt ratio will rise.

This is how FRAX capacity gets reduced. Image
2. However, these BCV targets are gradually changed.

You can track their change progress on the policy dashboard.

Over time you will see FRAX intake dramatically reducing.

duneanalytics.com/shadow/Olympus…
Read 7 tweets
31 Jul
What is liquidity and why does it matter for $OHM holders?

A thread for Ohmies wondering how liquidity fits into the overall equation and how to interpret results on dashboard. Image
1. Liquidity is ability to turn an asset into cash.

If you try to sell your house at 30% below market value you will find plenty of buyers.

Try selling at a 30% premium and you won’t find as many.

Point being: liquidity depends on selling price and asset quality.
2. Asset quality depends on an asset’s ability to generate cash flow.

Or command a premium in case of art.

$OHM has strong cash flows. A $23 mm cash balance growing at $500k/day.

If $OHM was a typical Series A start up, there would be NO liquidity for its tokens btw.
Read 13 tweets

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