finding it difficult to sus out shitty devs? onchain sleuthing taking too long?
now, it's 10x easier
in partnership with @bubblemaps, anyone can generate a bubble map chart which shows flows between wallets that interacted with the coin you're interested in
what can you do with it?
1) see if the dev wallet dispersed any coins to different wallets to make the distribution look good 2) check whether the launch got sniped by the dev's burner wallets
and more
keep reading to learn how it works with some examples
in this example, there is clear evidence that the wallets marked by the green bubbles are linked through SOL transfers
you can see the direct relationship between them if you click on the individual bubbles
however, none of these wallets are connected to the dev wallet or some of the larger holders, so the dev may not necessarily be behind this (however, the dev could have funded these wallets through a CEX)
keep in mind that the bigger the bubbles, the bigger an allocation they have of that coin
in this example, not only are tons of wallets (including the dev wallet) connected via SOL transfers, but also through transfers of the exact coin we're analyzing
this means that the dev split their coin holdings amongst all of these wallets AND has a history linking these wallets through SOL transfers
they may have done this to make the distribution look better than it actually is, potentially posing a greater risk (NFA)
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Excited to announce that we've partnered up with @nftperp to launch a yield farm for their upcoming collection, Mafia Nuts, after the collection's art reveal 🥜
❤,🔄 & Comment "Farm Deez Nuts" for a chance at a Mafia Nuts WL
Keep reading to learn about NFT Yield Farming 🧵👇
(1/14) What is NFT Yield Farming?
Yield Farming is the best way to have your NFTs work for you 💸
NFT collections that want to enhance their liquidity incentivize their holders to provide liquidity by compensating them with more NFTs 🌊
How does it work ❓
(2/14)
🟡 Users provide NFTs & ETH which are automatically deployed in a @caviarAMM liquidity pool
⚪ For providing this service, users are compensated in two ways:
1️⃣ Receive trading fees, earning 1% each time someone trades in the pool 💱
2️⃣ Receive yield farming rewards 💹
Yield farming allows projects to reward users that are providing liquidity for their collections by continuously giving them tokens for a defined period of time
I.e. it is a way to trustlessly improve liquidity 🌊
(2/13) How does it work?
1️⃣ Collection team deposits NFTs into a yield farm
2️⃣ Holders provide liquidity using their NFTs from the collection + ETH
3️⃣ These liquidity providers (LPs) are compensated using the tokens deposited in stage 1️⃣ according to their share of the pool