Z0rvin

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Z0rvin

Z0rvin

@Z0rvin

Clarity • Perspective • Web3 @polymarket trader

Katılım Ekim 2021
24 Takip Edilen150 Takipçiler
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Z0rvin
Z0rvin@Z0rvin·
BREAKING: April Fools is cancelled in 2026. No joke can compete with your ROI this year.
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Z0rvin
Z0rvin@Z0rvin·
Just now edgeX team confirmed something big They allocated 14% of total supply ($EDGE) to liquidity providers and partners That's 141,658,500 tokens Now they re saying it's locked for 1 year using a vesting contract But let's be clear This was supposed to be community airdrop allocation Users traded, provided liquidity, generated volume thinking they were earning that share Now suddenly that 14% is being redirected and locked Same participants same rules but now framed as partners and early supporters Yes, they say these wallets agreed to lock for 1 year Yes, contract is based on OpenZeppelin VestingWallet But the real question is simple How does community-earned allocation end up in controlled wallets first Lock-up doesn't change ownership it just delays access This changes the narrative completely From community distribution to select allocation with lock Not saying it's wrong but it's definitely not what people expected Something to think about 👀
edgeX🦭@edgeX_exchange

Clarification on the 14% airdrop allocation. Within the next two hours, 141,658,500 $EDGE, 14% of total supply will be transferred to lockup wallets: etherscan.io/address/0xb400… The lock-up will use an open-source contract built on OpenZeppelin's audited VestingWallet, locking tokens for 1 year. Following the launch of the edgeX points program, the program attracted liquidity and large traders who provided liquidity and supported the platform’s early-stage growth. These participants took part in the program on the same basis as all other users, with the post-weighting distribution criteria applied consistently across all participants. Their resulting points balance reflected the scale of liquidity they contributed under the same program rules. Those liquidity providers and partners, who were instrumental in our early growth, have demonstrated their conviction by agreeing to a one-year lock-up for tokens representing 14% of the total supply.

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cliff
cliff@cliff_1502·
$EDGE TGE EXPLOSION: Insider Wallets, Crumbs for Farmers & On-Chain Smoke – The Full Picture @edgeX_exchange just dropped $EDGE token today on Ethereum after months of points farming, XP grinding, fees paid, and liquidation risks. Community was hyped for a fat airdrop... but the sentiment is nuclear negative. Here's every major FUD point pulled straight from user rants + verifiable on-chain data. 1. The "Fresh Wallet Heist" – On-Chain Evidence is Brutal Multiple on-chain analysts are lighting it up: - 140M $EDGE (14% of total 1B supply) claimed by just 26 brand-new wallets in a perfectly timed cluster right at TGE. - 80+ fresh wallets grabbed 180M tokens total (worth over $90M at launch pricing). - Each of those wallets? 3M+ $EDGE apiece (~$1.5M–$2M+ each). - All seeded from Gate.io + OKX CEX deposits? Users are calling it straight theft: “Team claimed 14% of supply via 26 fresh wallets... This is straight-up theft, nothing else to call it.” - @js_dun “The team airdropped the majority of the drop to themselves... 180M $EDGE routed that way.” - @how2onchain & @ProMint_X. Normal farmers who grinded volume, referrals, TVL, and OI? Getting crumbs. Some report 4x less than their stats suggested. One heavy user: “I checked my stats... received around 4x less tokens than I should have.” - @0xd3dly 2. Massive Supply Dump Incoming - Tokenomics Red Flags - 30% of supply (Genesis + Pre-TGE Season) unlocks at TGE or within 24 hours. - That’s a tiny float + whale wallets ready to sell. - Price already getting slammed (down 60% in spots per real-time chatter) with coordinated sells. - Treasury did move $50M USDC for “liquidity/buyback” (via Amber Group-linked wallets)... but many see it as just propping up the exit for insiders. Classic “high-risk, high-reward launch where the first few hours will be pure FOMO or FUD”, except the FUD is winning hard. 3. User Rage Across CT – Real Voices, Not Bots - Farmers are pissed: “Users farmed XP, paid fees, took liquidation risk... Now the token is live, and the market is already pricing all of this in. Team farmed the drop.” - @ProMint_X - “10 newly created wallets walked away with about $16M while users were left with scraps.” - @Web3AJ_ - “Reduced airdrops by 2–3x for regular users... Most tokens are sent to new wallets for ‘liquidity’, but many believe in market manipulation.” - @s_gooses Even older warnings (ZachXBT ties mentioned) are resurfacing. Comments on official posts? Locked. Not a great look. 4. Bigger Picture: Perp DEX Meta Getting Exposed This isn’t isolated. Users are drawing parallels to Lighter, Backpack, LayerEdge: hype farming → insiders extract → retail gets dust. edgeX had volume ($800B+ cumulative), sub-10ms latency, Amber Group backing... but the distribution feels like “insiders first, community as exit liquidity.” One brutal summary: “Perp DEX meta is getting exposed in real time... insiders extract, retail gets dust.” - @Z0rvin Those fresh wallets are real, the allocations are skewed, and farmers feel robbed after months of grinding. DYOR, check the wallets yourself (etherscan.io/token/0xb0076d…), and never farm blindly.
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۟@MINHxDYNASTY·
@Z0rvin @legendtrade I mean I’ll try to win, but so much of it is luck
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Z0rvin
Z0rvin@Z0rvin·
@TrustWallet Whenever I open the app, my funds take 5–10 seconds to appear. It’s confusing and a bit concerning would be great if this gets fixed.
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Niel 尼尔
Niel 尼尔@TradingNiel·
@Z0rvin @appledog_xyz @Polymarket The same thing is true for example more traditional finance. If i was now 18 again and i had to study something, i wouldn't go into finance or law. While those where good jobs past decades. All those jobs will be replaced by software eventually. We all might be doomed.
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Z0rvin
Z0rvin@Z0rvin·
@crypto_humphrey @appledog_xyz @Polymarket Yeah, ghost fills make it really hard to track limit orders. It happened to me today I could see my order and share cost, but after refreshing it only showed in history. On-chain it showed tx not found like it got cancelled. Definitely something Polymarket needs to fix.
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Z0rvin
Z0rvin@Z0rvin·
@Atitty People don't think deep enough fake news spreads fast, causes panic, and everyone starts talking without thinking
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Z0rvin
Z0rvin@Z0rvin·
@eeelistar I was just about to ask for insider info, then saw the comments shocked 😅 just kidding guys. Congrats Elisa on appearing on Polymarket! I’m definitely betting NO on you 😄 good to see you
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Z0rvin
Z0rvin@Z0rvin·
@jden_xx I was part of Sui and Arbitrum made around $4k from Sui and $1.5k from Arbitrum. Those were my best airdrop earnings. Now most projects either under-allocate or disappoint, even the ones saying ‘community first.
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Z0rvin
Z0rvin@Z0rvin·
@Polymarket @legendtrade Crazy move tbh—picked partnership over competition and flipped a future competitor into a partner.
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Z0rvin
Z0rvin@Z0rvin·
@aaalexhl $EDGEX pumping after skipping community airdrop and allocating to themselves FDV already ~$667M. So the real game: where do they dump? $700M or $1B? Watching closely 👀
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Crypto Rover
Crypto Rover@cryptorover·
Will there ever be another Altseason?
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ProMint
ProMint@ProMint_X·
EdgeX turn into a typical scam for users According to on_chain_radar, team routed most of the drop to 80+ fresh wallets Around 180M $EDGE was reportedly distributed that way, worth over $90M. honestly it feels really disappointing Normal users were farming XP, paying fees, taking liquidation risk, and waiting for a real reward. Now $EDGE is already trading around $0.51, which means the token is live and the market is already pricing all of this in. And if the wallet breakdown is right, then the ugliest part is simple. Users farmed the product. The team farmed the drop. That is why this is starting to feel even worse than BackPAck
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Z0rvin
Z0rvin@Z0rvin·
Right now, it feels like many projects are taking advantage of their own communities. What they don't realize is that in the long run, users won't come back to a product they don’t trust. I don't understand why they choose this path. If they treated their community fairly, their product could grow sustainably over time. But it seems like some teams are focused on short-term gains raising money from VCs or users and then disappearinginstead of building something lasting.
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