I did some math around @play_nity allocations and arrived at a different result than yours. π€¨
Could you lend me a hand, please? In absence of clear guidance it is difficult to prepare a tool to estimate future allocation.
π§΅π
/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.
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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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
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.
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
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?
Not sure about you, but once I make it, I will move a significant portion of my portfolio to a βsafe havenβ - @anchor_protocol-Earn-like where I can enjoy 20-30% APR, which would allow me and my family not to worry about π° anymore.
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