Hi @StarTerra_io!

I did some math around @play_nity allocations and arrived at a different result than yours. 🀨

Could you lend me a hand, please? In absence of clear guidance it is difficult to prepare a tool to estimate future allocation.

πŸ§΅πŸ‘‡

/1
I have joined the IDO as a member of #LUNAtics faction.

Lunatics ranked 2nd. In previous IDOs that meant 30% of gamified pool would go to Lunatics - I assume that's true for $PLY as well, though the article did not mention that explicitly.

/2
That would mean total allocation to Lunatics faction is:

15% (standard) + 15% * 30% (gamified) = 19.5%

With total raise of 420k UST, 19.5% translates to 81.9k UST total allocation.

/3
AFAIK:

(1) Half of that allocation is guaranteed and split among faction members equally

(2) The other half is lottery-based, with each member getting a lottery ticket for each 250 STE they have (more STE = higher chance of getting a lottery allocation)

Let's focus of (1)

/4
Guaranteed allocation per Lunatics member would be:

81.9k * 50% / NoLFM,

where NoLFM - Number of Lunatics Faction Members.

Now it get's a bit tricky to figure out the actual NoLFM...

/5
Medium article (linked below) mentions 703 total members in Lunatics faction and 22 Lunatics in the WhaleCraft faction.

So either:

NoLFM = 703 (total)

OR:

NoLFM = 703 - 22 = 681 (without whales)

medium.com/@StarTerra/pla…

/6
Problem is:

81.9k * 50% / 703 = 58.25 UST

81.9k * 50% / 681 = 60.13 UST

Each of these is lower than the actual allocation of 63.97 UST.

Don't get me wrong - I am not complaining about getting higher allocation - but I would like to understand where it came from.

/7
To arrive at ~63.97, we would need to assume NoLFM=640. That's a whole 63 less that the "total" and 41 less than "total - whales".

The only explanation I could come up with (Occam's razor) is: squadrons.

/8
Assuming:
(a) "total" accounted for unique wallet addresses (in squadrons and solo)
(b) NoLFM = NumberOfSquadrons + NumberOfSoloFactdionMembers
(c) there were 10 squadrons
(d) only 73 persons signed up for the squadrons

...

/9
...then we would indeed get NoLFM = 640.

Only I can hardly believe only 73 persons would sign up for squadrons when the total squadrons capacity is 100 persons (10 squadrons, 10 members each).

/10
This is where I run out of ideas. I would like to reverse-engineer these calculations and describe it somewhere - lack of such description is quite frustrating for me (numbers junkie) and possible for other #LUNAtics too.

Halp plz?

/11-end

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More from @AgilePatryk

10 Dec
@prism_protocol - strategies 101
S02E05 - LP refraction

πŸ§΅πŸ‘‡

/1
Let's make it simple - LP tokens are just like any other yield-bearing token and refracting those is on the roadmap for the Prism Protocol.

Why would I want to refract them at all? I am glad you asked!

/2
I can think of a few reasons we do LP:

(1) High yield / incentives
(2) We are bullish on a couple of tokens and want higher APR than single-asset staking
(3) Continuous cashflow
(4) Farming event ($APOLLO, $HALO, etc.)

There's possibly some more, but that's not the point

/3
Read 13 tweets
19 Nov
@prism_protocol - strategies 101
S02E03 - Fixed-rate lending at @mars_protocol

Originally, I planned on describing fixed-rate borrowing. After doing more homework I could not figure out, how it would work, so I decided to settle on fixed-rate lending.

Brain so smooth. 🧠🀷

/1
Small refresher on @mars_protocol - this dApp will bring money-market primitive to @terra_money.

At launch, we will be able to lend/borrow $UST, $LUNA, $MIR and $ANC. Further tokens to be added via governance votes.

/2
Both collateralized and non-collateralized loans will be possible - in the latter case loan will go issued to a protocol.

E.g. we will be able to farm $ANC - $UST by providing $ANC to Mars, with Mars supplying the $UST part. (2x leverage in this case).

/3
Read 12 tweets
5 Nov
Quick thread on "Crypto never sleeps".

πŸ§΅πŸ‘‡

/1
We tend to fall into a certain thinking pattern(s):

(1) Crypto never sleeps
(2) I need to be connected 24/7
(3) Staying on top of all the developments is a must
(4) I want/have_to know about every project there is

/2
While (1) is certainly true, (2)-(4) not so much.

Just think about it - there are hundreds of project launching just on @terra_money, similar on other chains: @harmonyprotocol, @avalancheavax, @FantomFDN, @kadena_io,...

There is no way anyone can cover such breadth alone.

/3
Read 11 tweets
5 Nov
@prism_protocol - strategies 101
S02E02 - Yield cluster at @nebula_protocol

Today we will look at possible partnership between Nebula Protocol and Prism Protocol, that would provide a pretty decent option for a passive income.

/1
We all hope WAGMI. We write it on CT, we encourage one another as fellow #LUNAtics - and for good reasons. The spirit of community thrives.

But ser, what are we gonna do, once we finally make it?

@nebula_protocol and @prism_protocol might help with it.

/2
Not sure about you, but once I make it, I will move a significant portion of my portfolio to a β€˜safe haven’ - @anchor_protocol-Earn-like where I can enjoy 20-30% APR, which would allow me and my family not to worry about πŸ’° anymore.

What would that look like?

/3
Read 12 tweets
4 Nov
@prism_protocol - strategies 101
S02E01 - @pylon_protocol capital efficiency

Yay! We made it to the 2nd seasons!

Pretty much all of the episodes will be focused on various partnerships Prism Protocol can get into to bring value to #LUNAtics.

Buckle up!

/1
How the pools on @pylon_protocol work:
(1) You deposit $UST
(2) Pylon deposits $UST to @anchor_protocol
(3) Yield is redirected to: $MINE buybacks (10%), dev team (90%)

/2
(4) Dev team supplies their token into the pool
(5) Pool distributes tokens at a stead rate per minute
(6) You can collect your tokens as defined in the pool (that might vary)
(7) You get your $UST back once the pool reaches maturity (6/12/18 months / whatever)

/3
Read 12 tweets
23 Oct
@prism_protocol intro
S01 - Extra #1 - fixed-term refraction

$yLUNA and $pLUNA were the stars of season 1 so far. Let's change that, as we will need more... much more for season 2.

Starting with: (fixed)-term refraction.

/1
$yLUNA and $pLUNA are so-colled perpetuals: $yLUNA represents all the yield going until perpetuity (=end of all time).

This doesn't need to be the case. People don't live that long anyway, right?

@prism_protocol will allow for shorter terms as well, e.g. 3/6/9/12 months.

/2
Let's take a look at 3 months version of refracted $LUNA and call it $yLUNA-3m and $pLUNA-3m for the time being.

$yLUNA-3m = all staking rewards and airdrops (SRaA) in the next 3 months
$pLUNA-3m = $LUNA price action in the next 3 months

/3
Read 14 tweets

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