2shabby Profile picture
Jul 21 10 tweets 3 min read Read on X
Why @EtherexBuild might become the most valuable DEX launch of the year (and it hasn't even started yet)

The asset is $ETH
The ticker is $SBET
The chain is @LineaBuild

Let’s talk about what happens when $1B+ in ETH flows into the most Ethereum-aligned Layer 2: @LineaBuild Image
1/ What if I told you the second largest corporate holder of ETH in the world is about to route its liquidity through a brand new DEX on Linea?

Meet: @SharpLinkGaming $SBET -> and their $1B+ ETH
treasury

Meet @etherexbuild -> the DEX built exactly for this moment Image
2/ @etherexbuild isn’t just another DEX

It’s built on Ramses v3 tech, upgraded with:
Liquid emissions (no vesting)

- Anti-dilution rebases

- Voting power through xREX

- Rebase gains from early exits

- And 100% of protocol fees going to token holders Image
3/ But here’s the real kicker

@LineaBuild + @Consensys + @NileExchange have been cooking this up for months

@etherexbuild is the first true "metaDEX" on Linea and designed to scale @ethereum & stablecoin liquidity with purpose

Where does $SBET come in?
4/ $SBET owns over $1 billion in $ETH

They’re building on Linea

And @etherexbuild is being positioned as the liquidity rail of @LineaBuild

That $ETH needs deep, sustainable, and aligned liquidity infrastructure

Enter Etherex
5/ With xREX as the core voting asset, and REX33 offering liquid staked exposure token holders can:

- Vote emissions to their LPs

- Earn boosted fees

- Capture exit rebases

All while being liquid from day one

No more 4-year locks

No more capital inefficiency
6/ The kicker?

If just 10% of $SBET's $ETH treasury gets routed into @etherexbuild liquidity pools, that’s $100M in baseline TVL

This would immediately catapult Etherex into the top 5 L2 DEXs before the first epoch even ends
7/ And unlike most legacy DEXs, Etherex isn’t leaking value

Every protocol fee, every vote bribe, every emission goes back to REX / xREX holders

The incentives are aligned from the ground up
8/ Imagine

- DEX users don’t suffer dilution

- Treasury capital gets rewarded, not drained

- LPs fight to provide the best routes for ETH

- Emissions go where they matter

That’s what Etherex is positioning for

And Linea is backing it

Do with this info what you will

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More from @2shabby

Jan 15, 2023
Why do humans fear death?

Is it because we are so attached to things? What is it to be attached to something? What is it that is attached? Is it the body? Or is it thought? If thought, isn't it seeking security through attachment? What is security? Why are we seeking security?
Thought creates the idea of security, but is there even such thing as security? Is the desire for security created because we are lonely, isolated and depressed? Is it possible that all of us live that life, inwardly, even without seeing it?
I mean, I can genuinely believe I live a happy life and think that's true. But that doesn't mean it's true. And whatever interrupts that happy life, let's say facts, we ignore that, because we are attached and we feel secure in that belief.
Read 5 tweets
Jul 15, 2022
I want to talk with you about something with great importance that concerns us all.

🧵
We as humans are extremely complex beings. Our brains are extraordinary however, our scientists and researchers have claimed for thousands of years to know everything about us but also about everything else in life.

I question them.
Then why do you question it Shabby? It has been proven by scientists, so it must be the truth.

Let's turn it around. Why would you accept it?
Read 15 tweets
Jul 14, 2022
🪂💥 $STARK AIRDROP CONFIRMED 💥🪂

After a long wait the @StarkWareLtd token has been confirmed. $STARK will be used as a fee token.

Read more 👇👇
Initially 10B will be allocated with a 1 year cliff and 4 year vest for insiders. Image
Community Provisions (9%): past users of the permissioned StarkEx L2 systems before June 1, 2022, including:
- @dYdX (I used this way back)
- @Immutable
- @DeversiFiLab
- @Sorare

Retrospective airdrop rounds will happen to filter out farmers.
Read 6 tweets
Jun 6, 2022
💥 MEME AIRDROP STRATEGY 💥

The biggest airdrops to date have been the meme airdrops. In this thread I'm going to show you some of the past successful meme airdrops and also how to anticipate on these type of drops in the future.
$MEME

This meme token was airdropped, on @Ethereum, for free to Meme Telegram members. They received 350 tokens. The airdrop was basically worthless in the beginning but ended up being $700,000.00 at the top.

Most sold too early
$SAMO

The @samoyedcoin airdrop was among the early meme tokens on Solana and airdropped a couple million tokens to their community, for free. If you held on to this drop you could've cashed $250,000.00 at the top.

Most sold too early
Read 9 tweets
May 30, 2022
💥 $SPICE AIRDROP BREAKDOWN 💥

@ArrakisFinance is a community-owned protocol that offers secure, automated liquidity management. Arrakis (previous G-UNI) has the mission to become web3's liquidity layer and is one of the biggest LP's on @Uniswap with over 930M TVL

Read more👇
To receive your share of the 30M $SPICE airdrop you have to lock your $GEL. A total of 3% (30M) $SPICE will be distributed to those locking their $GEL for 3 months.

Currently 16.6% (3.9M) $GEL is locked and you have until June 10th 2022 to lock it.
Check if you have any unclaimed $GEL here
gov.gelato.network/gel-claim

Lock $GEL for the $SPICE airdrop here
gov.gelato.network/spice-airdrop
Read 4 tweets
May 30, 2022
🪂 $VELO AIRDROP BREAKDOWN 🪂

@VelodromeFi is a trading and liquidity marketplace and so called Solidly AMM on @optimismPBC and recently announced their airdrop!

Read more 👇
Velodrome has two tokens:

$VELO — ERC-20 utility token
$veVELO — ERC-721 governance token

Any $VELO holder can vote-escrow their tokens to receive a $veVelo (veNFT). Vote-escrowed periods:

100 $VELO locked for 4 years = 100 $veVELO
100 $VELO locked for 1 year = 25 $veVELO
400M $VELO distribution breakdown

1. Community

60% 240M $VELO will be distributed to the community:
- $WEVE holders (27%, 108M $VELO)
- $OP network users (18%, 72M $VELO)
- Cross-chain DeFi users (15%, 60M $VELO)
Read 8 tweets

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