So,
@FloorDAO
swept
@forgottenrunes
and is about to sweep some
#MAYC
. Here’s why you should care about this Nascent NFT Liquidity Coordination Tool, which will likely power the upcoming NFT x DeFi ecosystem.
A 🧵
So, as a new
@forgottenrunes
cult member I'm starting to scratch the surface of what's coming next...
- land sale in the Forgotten Runiverse
- forgotten warriors
- p2e game with Bisonic Inc
- animated series with
@TitmouseInc
Am I missing anything?
@MagusDevon
@crypt0kel
gm from Wolfram, tending to the woods on a sunny day with his beloved feline companion.
His battle mage years may be behind him, but the Woods still remain under his watch.
Artist: Ellen May
@forgottenrunes
The Druid and The Witch by
@haharobin00
(thank you!)
This scene depicts the backstory for Wolfram's origin and upbringing as the unlikely lovechild of the separated Druid of the Woods and a Witch of the Thorns.
@forgottenrunes
Play games, win airdrop spots.
First of its kind, early POC but super cool to see :)
Gamified Distribution, anything can be given away in a fun / free way. lfg.
🎮 The Saga Advent Calendar of Gaming powers forward tomorrow! 🌟
📅 Wednesday, Dec 6th-9th: Get ready for
@TallyUP
🎉
⏰ Registration opens Dec 6th @ 9AM PT, remains open until until Dec 9th EOD!
🕹️ How to Join:
1️⃣ Download TallyUP! from the App Store or their website ⬇️…
After joining the cult
@forgottenrunes
, I've found myself loving to imagine and to write again & even to draw.
Inspiring magic in us to collectively build a world we can all escape to. It's a beautiful thing.
Wolfram's lore is far from complete...
2-3 months into being a part of
@arcthecommunity
, I am convinced that this is THE example of membership community done right: from membership curation, perks to events and community led initiatives.
Looking forwards to many years ahead 🫡
Can you believe it? It's been a whole year since we rolled out the ARC app on 5 December last year! We saw the need for a multi-functional, safe space for our Stellars to connect, and we committed resources even before we started minting to make it happen.
Today, we're toasting…
@XAI_GAMES
just announced on
@binance
launchpool 🔥
Got to meet Clement and then Senpai
@sobylife
through
@arcthecommunity
and rallied in to the fair mint with conviction on launch day with other Stellars and running XAI nodes since.
One of the many ways in how my investment…
@FloorDAO
@forgottenrunes
@NFTX_
@nftx
Since launch ~ a month ago, FloorDAO has yielded ~5 $WIZARD and 0.25 $PUNKs and growing, this type of yield along with the growth of the space may spell a very different fate to FloorDAO than to any other OHM-like protocol.
Minted out !!!
@SemiSupers
So glad I lucked out on 4 villians including an ape, and always a treat to support
@forgottenrunes
community member projects!
@forgottenrunes
wizards can now borrow against their xWizards up to 50% LTV on Rari, while collateral continues to enjoy yield & upside.
No more selling for quick liquidity✅
Leveraged NFT buying✅
Made possible by FloorDAO liquidity, just getting started...
The
#Runiverse
expands in unexpected ways. 🔮
Fellow Wizards can now use $WIZARD and xWIZARD as collateral in the
@RariCapital
NFTX pool - all made possible by FloorDAO's $1.5M of $WIZARD liquidity.
But what is "xWIZARD" we hear you say? 🪄🧙♂️
I’m glad that there is a new code of conduct for
@arcthecommunity
. I am tired of drinking every time I am with arc members. Everyday ace of spades, dom perignon and Belvedere. I like marquee also get forced to go zouk instead. Admin please fix this.
#CodeofConduct
I’m glad that there is a new code of conduct for
@arcthecommunity
. I am tired of drinking every time I am with arc members. Everyday ace of spades, dom perignon and Belvedere. I like marquee also get forced to go zouk instead. Admin please fix this.
#CodeofConduct
my $SOL big brain friends tell me to long $SHDW and I am going to listen.
@GenesysGo
is one of the coolest techs / infra play with high beta to SOL.
Not listed on any major exchanges yet.
literally nobody has enough.
$5+ with haste.
@FloorDAO
@forgottenrunes
@NFTX_
@nftx
So, on a rudimentary level owning $FLOOR looks like a comfy, ohm like yielding beta exposure to a well curated treasury of some of the best NFTs, along with the NFT x DeFi narrative. But this is not where this stops. Enter the the Floor Wars.
@FloorDAO
@forgottenrunes
@NFTX_
@nftx
Therefore, unlike OHM the assets held in FloorDAO’s treasury largely consist of these high-yield bearing NFTx Liquidity positions of a curated collection of blue chip NFTs. OHM mechanism and NFT liquidity are a match made in heaven.
Thing is with airdrop farming, most people are lazy and won't do it still after seeing threads after threads.
Especially if the UX of doing so is shit (ala $TIA / Cosmos) or requires lockup of capital and long term holding (ala TIA/Cosmos).
This is why I think its still +EV.
This is a pretty good take, $SOL project farming is hot right now.
I would say $TIA is very new and their ecosystem airdrops have not yet even started. I would begin by staking $TIA and exploring here.
imo too much attention on solana projects now for airdrop hunting to be as juicy as the previous few
but of course projects without tokens are welcome to have you and all that
as the saying goes you gotta skate to the puck is gonna be, not where it is now
$PYTH is gonna run to .5$ and probably breach a dollar in full blown bull.
bull thesis is that I didn't receive any airdrop despite using
@CapDotFinance
+ other pyth powered projects and being active on solana lol.
many such cases🫡
@FloorDAO
@forgottenrunes
@NFTX_
@nftx
@JPEGd_69
@dropsnft
To close off, team is fucking stacked (like
@quagliero
senpai) and are the same guys building NFTx itself. Literally there is a new update every day, and features are shipped near weekly. Tokenomics is the fairest I’ve seen w 9% going to team with 0 VCs or private rounds.
@FloorDAO
@forgottenrunes
FloorDAO, like Olympus, grows its treasury by offering discounted bonds and high yield through rebasing. However, unlike OHM, FloorDAO’s treasury consists largely of NFT Liquidity powered by
@NFTx_
.
@FloorDAO
@forgottenrunes
@NFTX_
@nftx
The signature floor !sweep has raised the floor price of Wizards from 1.7 -> 2.58 and holding after a month with continuous bond sweeps. The Wizards vault on NFTx now sits comfortably at around $1.6M worth of WIZARD-WETH
@FloorDAO
@forgottenrunes
@NFTX_
@nftx
Quick note on Lending: lending NFTs are coming (cc
@JPEGd_69
and
@dropsnft
) but they likely need deep instant liquidity deep, instant liquidity like those found for PUNKs and now Wizards to effectively collateralize and liquidate (when needed) NFTs.
So for the NFT x DeFi ecosystem to replicate the existing DeFi stack and reach its potential... you'll need a liquid market of Fungible NFT ERC-20s (paradoxical, yes)
Who will own all this liquidity? And who will collect the fees? questions...
@FloorDAO
@FloorDAO
@forgottenrunes
@NFTX_
@NFTx
is an NFT AMM/DEX that allows users to provide their NFTs into its collection vault, to mint a ERC-20 Vault Token that trail the floor price of the underlying collection. These vault tokens are then tradable like any other ERC20 token, with instant liquidity.
$SHFL farming strat so far that has worked decently is betting with decent size near-expiry, very low odds sports bets (1.05<)
things like columbina women's table tennis league you know
its a bit manual though
@FloorDAO
@forgottenrunes
@NFTX_
@nftx
Owning gFloor (gov wrap Floor) is a vote on how FloorDAO as a NFT Liquidity coordination tool conducts its signature floor sweeps and adds collections to its treasury for bonding, and collections will soon be yearning to join the comfy side.