Finz ✳️
296 posts

Finz ✳️
@1Finz
@AbstractChain Streamer & believer.
🖥️ Katılım Aralık 2024
125 Takip Edilen43 Takipçiler

we’re so back
NFTs on @AbstractChain

cygaar@0xCygaar
This is what NFT boosts will look like in the portal in the coming weeks. Each week, holding certain NFTs will make you eligible for a different boost percentage. The screenshot below is just a mockup, projects will be eligible based off onchain data.
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After doing some more digging into MPP from @stripe, here are my three favorite features of MPP that make it extremely powerful:
1) Session payments
One of the limitations of x402 is that you have to transact onchain for every single API call. This makes it slow and expensive if you want to make many calls in succession. With MPP, you can create a session, load in funds, and then make multiple API calls that get batched into a single payment. This will help agentic payments really scale.
2) Multiple payment methods natively supported
MPP allows clients to pay in stablecoins, Stripe cards, or evening Lightning Bitcoin. I'm personally a huge fan of stablecoin payments, but different API providers will have different needs. Allowing agents to pay in both crypto and fiat (via Stripe) will give MPP the highest chance of adoption amongst service providers. The native integration with existing Stripe infra makes onboarding frictionless.
3) Custom payment methods
Not only does MPP support the methods listed above, but you can easily extend it to support different blockchains, card processors, or proprietary systems. Several chains have already started building for MPP support (Abstract soon), but in general this will make MPP as flexible as possible for all vendors.
4) (Bonus) Leverages the existing 402 status code
This is not unique to MPP as x402 also does this, but it's really cool that we're building on top of a protocol spec (402 status code) that was written almost 30 years ago when the internet was first starting out.

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Today was a good day, I hit Diamond Tier on @AbstractChain !! 💎
It took me almost 10 months to get to Platinum. It only took me 5 months to get to Diamond which is 3x harder, but took half the time. What Changed?
The three biggest pieces of Alpha I can give you is 👇

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Finz ✳️ retweetledi

Holders of 10,000 $RETSBA or more can now claim an on-chain transaction once every 3 hours at retsba.com/claim, granting you daily Abstract XP.

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Finz ✳️ retweetledi

Since you guys keep QTing this post, I'll address some points here:
- We made slight adjustments to the XP given to top NFT collections (by onchain activity, volume, market cap). We updated the calculation for many of the longtail collections because we received many reports of people mass holding super cheap NFTs to farm large amounts of XP. NFT projects that are no longer active were diluting the rewards for active NFT builders - this is not the behavior we want.
- We will introduce a more dynamic system for NFT holdings designed to reward the most active collections starting next week. This system will adjust week by week and look at trading volume + onchain activity + overall ecosystem participation (ex. building interesting apps with your IP).
- For memecoin holdings, we were basing the XP given based off of inflated trading volume and price data. A lot of this was done to soften the blow from the steep price decreases seen throughout crypto since October. We have since updated our internal values to be up to date which resulted in a decrease in memecoin XP. Starting next week, we will ramp up the XP given to memecoin teams actively building their IP and growing their holder base.
- As communicated to our app builders previously, there will be an influx of XP given to teams creating onchain usecases, onboarding new users to Abstract, and building innovative mechanics. Several of these teams will be launching new apps and mechanics in the coming weeks.
- We originally didn't want to change the calculation for holdings too much, which is why I tweeted the below tweet 3 weeks ago. However, after doing a deep dive into the XP distributed to inactive projects as well as going through the reports our community had flagged to us about XP abuse, we had to make changes to better reward those that are still active onchain participants in the ecosystem.
cygaar@0xCygaar
Since a couple people have asked - the calculation for holding onchain assets (tokens and NFTs) will not change too much
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@Azino_x @AbstractChain I agree.
But the picture with the accounts doesn't really show anything.
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Tonight I took some time to read many posts about the recent changes to the XP distribution.
As an NFT holder (my NFTs were worth several tens of thousands of dollars just a few months ago), I’m also directly impacted by the recent decline and I understand that some reactions can be emotional.
That being said, I think it’s important to keep some perspective.
Over the past 7 weeks, many of us have achieved very high scores. During that time, the Abstract team also communicated about the upcoming changes to the system. We all had the opportunity to explore new ways to earn XP and adapt our strategies.
Some chose to evolve with these changes, others did not.
Even if I don’t necessarily agree with 100% of the adjustments, we also have to acknowledge that the drop in floor prices across many NFTs shows that a large number of them were mainly held to generate XP passively, without necessarily contributing to the ecosystem on a daily basis.
On my side, like many others who regularly interact with apps on the chain, I’ve managed to maintain a score very close to previous weeks despite the adjustments.
If you are here only for the TGE, these changes can obviously feel frustrating.
But if your goal is also to contribute to the development of AbstractChain, the simplest thing to do is… use the chain.
When looking at the on-chain activity of some of the accounts that are the most critical today, it sometimes appears to be very limited or even nonexistent.
The screenshots below show a few examples of what that activity looks like.
I simply invite everyone to check the on-chain activity of the accounts that are speaking the loudest about this topic. The results are often quite telling.
Just sharing my perspective.

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Reward holding.
Remove rewards.
Mock the holders.
Interesting way to treat consumers on a so-called “consumer chain”.
You never fail to surprise me.

Abstract@AbstractChain
The latest XP update is now live on the Portal. Check yours below.
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Now in @spellborne on @AbstractChain you can minimize the PvP battle search and do other things.
Convenient!
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Happy XP Day @AbstractChain 🫶
Honestly, I’m really happy.
I never thought I’d ever reach Platinum tier. I’ve been toward this for over a year.
Thanks to the Abstract team for such an amazing chain. I know many people are dissatisfied right now, but I’m sure Abstract will overcome all the difficulties and soar very, very high.🫶

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Finz ✳️ retweetledi

we heard you like sharing abstract xp cards
you can now pick your favorite giga noob emotion to share ➜ card.gigaversehub.com
GIF
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Last week in @AbstractChain:
• @TollanUniverse — 4637 Abs Stumbs
• @spellborne — 34 Abs Shards
• @RoachRacingClub — 40 XPR (Free races)
• @playgigaverse — 0 Abs Stubs
• Apvote 10 apps
• Caves Did & Dash - play 12 credits.
Cost ~ 0.1$
GL!

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Due to the fact that @AbstractChain now gives more XP for online transactions, in @spellborne it is better to complete quests directly on the quest board.
You will only pay for gas (about $0.001).

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Finz ✳️ retweetledi









