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Chikn 🔺
3.9K posts
Chikn 🔺
@chikn_nft
Upgradable NFTs on #Avalanche. Chikn 🐓 Roostr 🐔 FarmLand 🌳 $EGG $FEED $FERT $WORM https://t.co/Hih356D9u3
chikn.farm Katılım Kasım 2021
743 Takip Edilen25.3K Takipçiler
Well Bok Bok!
“The Colonel” has been sold for 350 AVAX.
Someone’s turning tumult into opportunity. 👀🐔
Chikn sales@chikn_sales
Chikn SOLD for 350 AVAX! - ChiknId: 10000 - Size: 120 kg - Rarity: unique
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Chikn 🔺 retweetledi
🥉 @0xAinur aka Ainur
Keeper of the @chikn_nft lore & $COQ billionaire!
Felicitaciones! 🎉
#SpreadTheBok
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🥳 Congrats to our 3 winners!
These chads just got egged! 🥚
🥇 @cqc1100 - Rare Gold Egg
🥈 @zedosuk - Nice Blue Egg
🥉 @0xAinur - Common Speckled Egg
Sometimes it pays to come to $COQ Sunday Service. 🎧
@coqinu @chikn_nft 🐓
More below. 👇
🧵1/5
#RUNITBOK #COQINU #AVAX 🔺
Dano💎🙌 (🐓,🐓)🔺@0x_dano
$COQ INU SUNRISE SERVICE ☀️🐓 Dear community, Tomorrow’s @coqinu Sunday Service will be held at a new time of 9 AM EST. There will be a Giveaway! 💰 EGG by @chikn_nft x3 🐣 🥇 Rare 🥈 Nice 🥉 Common To qualify, like & repost this post & be present in the Space! #RUNITBOK 🔺
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It’s not a moot point.
Because of the number of regular tx’s required to burn 12.22k AVAX (90% = 11k AVAX) in one month is completely unachievable with gas at current prices.
It would require thousands of multiples more transactions than the C-chain has ever seen in a single month.
So far less than 11k AVAX will actually be rewarded in any given round (month) as rewards are capped at 90% of what is burned via transactions.
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Yes you are wrong about the “new” tag. Its a multiplier, not a eligibility requirement. So you are potentially eligible.
Also, the $40M / “trillions of txs” framing is kind of a moot point, there’s no scenario where a single project can win that due to the per project caps. The relevant number to reason about is the 11k AVAX per-round pool.
As a long time Avalanche project that’s still building on chain, a lot of your supporters (me included) would genuinely love to see you apply for Retro9000
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To be quite honest, one of the best builders on @avax has, in my opinion, been the team at @chikn_nft
Probably one of the only projects here since 2021 which is still building to this day, interacting daily with their community and delivering value to the chain.
I can’t imagine how many TX’s they are responsible for over the years but it must be an insane amount.
If anyone deserves some support from this initiative - it’s them.
Avalanche🔺@avax
How builders win on Avalanche:
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ayoooo @chikn_nft team.. let me acquire your project on the low
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My assumption of the ‘new’ tag is that it’s a requirement, not a bonus multiplier - but I could be wrong there.
However, let’s step through the 3.9Trillion tx’s required.
If all projects are:
- only ever entitled to 90% of the AVAX they burn, and
- the TOTAL prize pool (over 3+ years at an 11k AVAX per month reward rate) is $40m, then
- approximately $45m in AVAX will have to be burned through transactions to illicit the full $40m in funding.
At the current average, and frankly conservatively high, price of gas - this would require:
3.9Trillion regular transactions.
Which we are on track to reach in ~4000+ years.
The C-chain has only ever burned ~$60m in AVAX from transactions - and for most of its existence gas has been many orders of magnitude more expensive than it is now.
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Wait… some of this is misinformation. Did we read the same thing?
Deployment timing only matters for the “new project” multiplier, not eligibility. Existing projects (incl. Chikn) can qualify if they rank top 40 in March activity. (Also depends on the program’s discretion)
Round 1 is 11,000 AVAX total, March gas only, with 90% burn cap + 25% per project + $200k lifetime caps. Not the whole $40million all at once.
So the “trillions of txs” math doesn’t really apply
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Thanks fren. We don’t qualify. The contracts have to be deployed between now and March and only gas burned within March is eligible.
Rewards are capped at 90% of the total AVAX a project burns via transactions in the month of March.
We did some quick math, and turns out given the avg price of gas, it would take 3.9 Trillion regular transactions for the full $40m to actually be rewarded.
That’s 3965x the number of total C-chain transactions that have ever occurred.
But don’t worry! We are on track to see that number of total transactions by the year 6154 😊👍
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@LeKorsaire That would make us very sad. Keep trying! You’ll get there! ❤️🐣
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@chikn_nft Turned my legendary into a “nice” one.
Going to kill myself @chikn_nft
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@striver_7 Will certainly look into it, fren!
What device & OS you using?
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@chikn_nft I had minted one egg.
Had put it to sleep and then after checking, it's not there in my wallet(something rotten egg)
No game rules explained. How is this fair that it just goes out of my wallet. Kindly look into it
0xDcf1Ab1C7d82c316d6dC4276A5DF2c4F3A2f7c9F
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