crpto_the_dood
1.5K posts

crpto_the_dood
@cryptothedood
NFT degen - Star Atlas citizen WizardDAO member
Mars Katılım Mayıs 2018
2.6K Takip Edilen240 Takipçiler

Caught snowflake bright hdog hawktuah live in the @potionalpha vc today and we are just getting started
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how I probably created the biggest culture coin on sol | $aura (currently at 25M mcap and likely to hit +100M soon)
the coins that do good is always the coins that come from an impulsive idea. I made aura in less than an hour by myself and ran it up to around 2M mcap without any mods or a team. there was no hiccups and it was up only for the first few hours.
as all coins do, it eventually died down on day 2. and at that point, I knew that it would not flip unless a cto would happen. that's wen I decided to trust what looks like to be arguably one of the best CTO team on sol. as all devs should, I gave them ownership of the TG and the twitter.
I hadn’t planned on writing this tweet since there's always drama when you claim a coin. I’m sharing this as a story for other devs to learn from. It’s possible to dev a coin without being toxic or greedy. I didn’t bundle anything. I took 1 SOL from the dev wallet and burnt it, and 3% for my own to take profits.
I added to my position when the cto happened because I truly believed in the coin, although I'm mostly out now and my allo is much less than what it was originally. the fact that I added was maybe one of the best things I did so far this cycle.
quick recap:
- create a coin that you would bid into
- run it up as high as u can
- let the cto happen if it dips
- give the cto team access to everything
- bid back in and assist them if they do need any help
looks simple, but it is not for the impatient and greedy
I hope there’s something to learn from this. lastly, congrats to everyone who’s been part of the movement and I wish positivity to everyone shitcoining

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🚨 LATEST: @lookonchain reveals that the $WATER (@WaterMemeCoin) dev has sold $2.35 million worth of tokens.
(Watercoin raised over $40 million in the pre-sale a few days ago).


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@cytosine121 That’s good I’ve been trying to find a good source for initial price and all I can find is coinmarketcap and other
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@cryptothedood I multipled total token supply by initial price found on coinmarketcap.
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Ok here are two runs of x3 early (tx only), x2 late, sybil removed -- Let's call this Model 1 from now on
25 - 10k
Total entries: 964,866
Entries with 50-100 tokens: 817,383 (Sum:4un 37,221,712.59)
Entries with > 100 - 1000 tokens: 144,497 (Sum: 31,036,056.55)
Entries with > 1000 - 10000 tokens: 2,935 (Sum: 5,250,830.64)
Entries with 10000 tokens: 51 (Sum: 510,000.00)
50 - 10k
Total entries: 541,190
Entries with 50-100 tokens: 342,852 (Sum:4un 23,471,931.93)
Entries with > 100 - 1000 tokens: 193,733 (Sum: 41,899,611.89)
Entries with > 1000 - 10000 tokens: 4,529 (Sum: 7,939,471.13)
Entries with 10000 tokens: 76 (Sum: 760,000.00)
discuss -- more models coming
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@TheZKNation Why not use @LayerZero_Labs list to detect more industrial Sybil farms?
@TheZKNation @zksync
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The FAQ is updated:
docs.zknation.io/zk-token/zk-to…
If you have more questions or issues:
➔ Check comments below. Like to upvote.
➔ Add missing questions or isssues.
Questions already answered in the FAQ:
1. How could someone qualify for this airdrop?
2. When you say this is a usage-based airdrop, what does that mean?
3. I met some of the eligibility criteria, but did not get an allocation, why not?
4. I met four eligibility criteria and got less than someone I saw on X who only met two eligibility criteria. Why?
5. How does “value scaling” work?
6. What if I only used ZKsync Lite? Why was I excluded?
7. Why are there addresses with 0 transactions that still got an allocation?
8. Why are external groups like Degen and Bonsai rewarded instead of ZKsync users?
9. Why did some people get more than 100K tokens?
10. How did you decide which ecosystem projects were eligible for the airdrop?
11. Why did TVL spike in November 2023?
12. Why did you allocate tokens to CEXs?
13. I participated in ZK Quest, why didn’t I get as many tokens as other participants?
14. Why was I not eligible despite performing well in the various airdrop checkers?
15. Did you use sybil detection?
P.S. We are committed to do our best in answering all questions and processing community feedback. It will take time, but we're here for you.
We will focus on questions on the top of the list first. Use likes to prioritize them.
For the sake of keeping the discussion productive and structured for everyone, we will remove distracting posts without questions or actionable feedback.
Claiming opens on Monday, June 17th at 7:00am UTC.
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@TobiWebIII @PrimordialAA Personally, it makes more sense to give a multiplier to users who used after the snapshot because there were “no incentives” at the time to use after the snapshot versus the people who have been farming for months
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I'm saying that durability may be seen for a long time (like over 10 or 12 months) instead of using it over the past month of frenzy
You can also experiment around it
Like -
6 months usage - 1.1x multiplier
9 months usage - 1.3x
12 months usage - 1.5x
It's more likely to give an idea of durable user instead of just using it post snap

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Current criteria (including the 2 multipliers). Base on fee (LZ fee not blockchain fee). Durable user multiplier is cutoff as of midnight UTC a few hours ago.
Focus is on rewarding real users, and rewarding durable users
Model 1
tx < $1 - deweight by -80%
Valueless NFT tx - deweight by -80%
all tx within the first 12 months - x3 bonus
users with 3 tx since snapshot+2 days - overall x2 bonus
Model 2
tx < $1 - deweight by -80%
Valueless NFT tx - deweight by -80%
>3 tx within the first 12 months - overall x2 bonus
users with 3 tx since snapshot+2 days - overall x2 bonus
The real question between the two models currently is should the max user only have his early tx weighted or the whole account.
I.e. should a hyper-durable user who has been in from the beginning and still doing regular transactions receive x4 multiplier vs a user who farmed at peak farm hype and never since.
Also going to do a run shortly stripping out the sybil and see how #s come back. Will report back
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@TobiWebIII @PrimordialAA Weird take because it’s a good multiplier for durable users
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This x2 multiplier for using L0 post Snapshot #1 is wierd
1. Almost Nobody pushed tx post snap because they didn’t want scrutiny on their addy during the hunting phase
2. Stargate v2 eliminated aggregators which most use as muscle memory
If you really wanna reward multipliers to loyal & durable users, why not reward someone who used L0 over months (maybe 12+ months?)
The paranoia of not using L0 until the Sybil hunt was over was real and most didn't touched it

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@PrimordialAA @TobiWebIII I agree weird take to be mad at a multiplier for a clear sign of durable users
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@TobiWebIII I would say those who continued to use it after snapshot are those by far most likely to continue to use it in general, no?
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@Caneleo55 do we know which CEX/DEX will provide a place to buy and sell ZK and do we know a starting price?
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@HoH_Alpha I haven’t touched grass in years. I live on copium
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