Here's what you need to know about the X'mas❤️mini-game + the innovations this project is pioneering🧵👇#nftcommunity
People who minted DTPs before the pause would have noticed ❤️ traits with a # from 1 to 6 applied to their panda.
This was part of a minigame @pit_the_panda has created for X'mas. In typical Pit / Joker style, he kept us guessing on its objective.
The aim of the game was to reward those who held their pandas longest without moving or listing them. Every snapshot if they had not been moved the ❤️ # decreased, with the aim being to get to 1❤️
The lower the ❤️ #, the greater the chance for your Panda to get an X'mas outfit!
The X'mas outfit will be an NFT that is ENTANGLED with your base panda NFT. To access it you need to interact with the Entangler protocol & pay a 0.5◎ one-off fee
(These NFTs cost 100◎ to mint & after #bidsmol 0.1◎, the least we could do is give them something to work with)
You'll be able to see the outfit before deciding if you want to pay for it & there are 6 outfits of diff rarities.
Some brief history of the Entangler protocol: it was written by @redacted_j to help 'fix' the metadata of @ExiledApes. Their tokens had metadata issues, but the community wanted to keep them but "repair" them. Since they didn't have update authority the Entangler was created:
The Entangler enabled them to swap between their OG "misprint" tokens and a new token with updated/repaired art & metadata. You can only hold 1 of them in your wallet @ any time but you can swap them whenever you like
Other uses include attaching special outfits to an NFT like..
.. these X'mas outfits in the DTP game.
Pit wants to incentivize you keeping his gifts. So if you held 3 rugs in the same wallet, your ❤️# decreases by 1, if you held 5 they decrease by 2, boosting your chances of an outfit.
If you sell your DTP, the entangled NFT goes along with it and vice versa. The team spent ~100◎ deploying the 15,000 tokens, hence the small fee.
As you can see @DegenTrashPanda is the project using a lot of the latest tech innovation in #Solana: 1. Candy Machine v2; 2. Use of the Entangler; 3. The upcoming Raindrops Protocol
All you " $ETH cOmiNg to $SOL wHaT sHouLd I sWeEp?" guys don't fade this project
So what next?
- The Raindrops protocol - which will track different statistics, attributes & metadata to power a game - e.g. pandas scavenge on tiles & what they get from it (e.g. an item / getting frozen for a few days) will utilise the Raindrop protocol
- The next game after X'mas is called Trash Trap
- Pit will look to drop us some items which players can either burn or keep. Depending on what everyone does, some will be rewarded and others will not. Like the Prisoner's Dilemma colluding typically achieves better results
For more details on Trash Trap, the next game - see Pit's thread:
1/ At $50m The @CashioApp exploit was the 2nd largest heist on @solana & 13th largest hack overall. Despite this its been radio silence for hours.
@Saber_HQ have been working on it but have not been contacted by the exploiter.
Can anyone help? What we know & some thoughts🧵👇
2/ After the exploiter minted 2billion CASH they drained the CASH deposits of USDT & USDC ($26m) & swapped their remaining CASH tokens for ($25m) through @Saber_HQ crashing CASH's price to 0.
They now had~$50m of USDC/USDT/UST, $21m of which was swapped to ETH & wormholed to ETH
3/ All this was detailed by @0xavarek in this detailed thread:
2/ .. & they both just used that exchange to fund their activities
It's been 24 hours later and not much has emerged or been announced. There are many anxious investors in the Cashio, Saber & Sunny discords.
3/ Spreading risk is impt. Unfortunately in this instance many people have lost a large amount of USD (some upwards of millions) & it has been difficult for many to stay calm.
The hacker sent back amounts <$100k but not directly to user wallets (to LP-related side wallets)
In the last hour 100+ @DegenTrashPanda have been swept, raising the floor from 2.6◎ to 3◎. As you know, DTP is the companion Degeniverse project to @DegenApeAcademy.
Some observations & upcoming catalysts around the DTP game & $RAIN token 🦝💦🧵👇 #solana#solananfts#nfts
Over the last hour, wallet 8igPE has picked up over 100 Degen Trash Pandas. This is a different individual to the ones that bought 26 Degen Apes overnight.
8igPE holds 244 DTP as of writing along with 6 Panda Rugs & 84 Degen Apes - a big believer in the Degeniverse while also owning various other Solana NFTs like @TaiyoRobotics@SolanaMBS & @catalinawhales
A little bit of action this evening on the @DegenApeAcademy front with 26 apes being sold in quick succession over the last 3 hours to GMos & 10 individual buyers, bringing the floor to 58SOL🧵👇 #solana#solananfts#nfts#degenape
The ape buying was kicked off by wallet GMos 3 hours ago - with it buying 16 apes and transferring them to 2T5k, an account that holds $1.08m worth of @genopets GENE tokens & 24 @Gyris_official NFTs. nfteyez.global/accounts/2T5kb…
Since then there have been another 10 sales mostly on @MagicEden in the 55 to 65 SOL range.
All of these went to 10 different buyers, with the pink lady sailor heading @9x9x9eth's way.