gaus.eth

@flaunchgg Epic 😍

Faster. Cleaner. Built for success stories. The new era starts here.

Your favorite tokens are coming to Flaunch Groups enable buybacks, increased rewards, and shared upside for holders

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🔵 $FLAY liquidity has been added to Base! 🙌 $FLAY is now also available to trade on Base, where Flaunch will deploy. CA: 0xF1A7000000950C7ad8Aff13118Bb7aB561A448ee

🧩 Reshaping Trading Dynamics and Liquidity Provision In this edition of Builder Stories: @0xCaps on his journey from professional poker to building on Uniswap v4 with @flaunchgg. Read the interview ↓ uniswapfoundation.mirror.xyz/dvgiYLGjL_wEJY…

@PepeWTFBot FACK. woulda bought this

DARKPILLPEPE sold for 12.42 WETH ($40,025) Rare Pepes. Series 1 - Card 17 #RAREPEPES pepe.wtf/asset/DARKPILL…

@0xWave @funghibull @nounsdao Making me think I should buy more floor mutants lol

@0xWave @funghibull @nounsdao Your ape is fucking dope and I totally get that sentiment

@funghibull @0xWave @nounsdao 6551 👀 gunna have to google. such a boomer now lol

@0xWave @gaus_eth Random thought but wonder if anyone’s done a @nounsdao style “one trait/skin every day/week” mint using 6551’s like Chonks do 🤔

@funghibull @chonksxyz That's super cool. They've got hella followers too. Love projects like this that expand the usecase of NFTs. Congrats for landing them bro!

@gaus_eth @chonksxyz Just highly customizable with interop for different virtual spaces and subsequent releases programmed to allow your avatar to evolve or “change clothes” with in-house or collab-based skin/wearable releases

Ya.. Personally I'm still of the opinion that the best option is for LPs to just be able to profit from airdrop in the tokenized floor they are LPing (or even ETH), and let market do its thing E.g. if people expect PENGU drop to be worth $100k per pudgy, then ppl looking to cycle will likely pay $90k/nft to be first to cycle a pool (or a single NFT from the pool). The LP, who is in it for the profit anyway, gets a massive windfall the day of the airdrop. A lot of these LPs may be crypto whales that only check their wallets every month or so. Chances are they'll be happier with massive profits in ETH or tokenized floor anyway, than keeping up with airdrop news and claiming 30+ days later when price may have dropped. Ppl that are in it for the NFTs and airdrops probably not the type to be longterm LPs in the first place. Just my own two cents though

@gaus_eth @CryptoGarga Allow owner of NFT contract to lock the pool or something for a limited window Mainnet gas for that loop is kinda painful

I've wondered before if there is a good halfway mark between NFTs and pure tokens that can persist the important qualities of both Maintain the ability for a distinct set of traits to vary in value relative to the floor Allow you to sell small fractional amounts Let's say that every BAYC is baseline worth 10k of floor token T Then the actual value of that NFT should be worth: 10k T + Value of its AttributeSet (~0 if floor, very high if e.g. gold) When you accumulate at least 10k T, you can claim one of the entries in the AttributeSet Set that isn't currently assigned. This process could have various rules or auctions. You can freely sell your attribute set, which would leave you with 10k T but not assigned to a specific PFP. If you go under 10k T, force an auction on your AttributeSet

@0xWave @CryptoGarga Yes, 100% the best way is for NFT teams to just support LPs 😆 AIs would be dope, but would still be a race with high gas if airdropped isn't announced in advanced. If it is announced wouldn't be so bad.. AI would just pull liquidity, claim, and LP again

Give every pool an AI agent once they get browser ready 😂 then you can actually let them claim drops But really it would be working with teams to let LPs claim it in a reasonable way unless you did something like you mentioned and just tried to design economic mechanisms around the issue

@funghibull @chonksxyz Chonks look dope! Thanks bro Can you tl;dr why/how playerzero addresses this?

Recommend checking out @chonksxyz Really interesting approach to customization and traits Agree though that there’s a lot to be done here. Would love to see some big collaborations too, way too much happening in a silo of one asset group Part of the reason why I’m stoked to be working with @weareplayerzero, think that besides some majors (eg. Punks, BAYC) that feel historical now, dynamic expression is gonna be fundamental to value accrual for PFP and avatar sets and just necessary to bake in or support when making stuff for things that evolve like people and culture

So, long story short I'm not part of core Flayer team (stepped back and just advisor/big-investor now) I always had designs for how to monetize airdrop harvesting but they were pretty complex and team was not fully onboard. I sincerely hope flayer team is thinking about this and looking to integrate such designs (especially since Flayer will be launching on base) It's a complex problem once u get into it. My solutions were: 1) dynamic LP fees that shoot up quickly during periods of very high cycling demand 2) ability for harvesters to bid ahead of a time for a block range to get first right to cycling Imo, almost impossible to allow LPs to collect airdrops themselves but very possible to monetize so that LPs get most of the financial benefits from an airdrop

I hope you guys are also solving for internalizing protocol revenue for airdrops Still see NFTX get harvested by one sniper for things like PENGU drop I feel like you need to be able to incentivize liquidity in the pool with yield and that pretty much has to be from trading fees on the floor tokens (since fees for trait swapping and such likely won't add up that much unless it's giga-expensive)

@0xWave @CryptoGarga The main thing is that for any of this to work there has to be a pretty liquid floor NFT pool. NFTX always struggled to get that for BAYC

@0xWave @CryptoGarga This is actually similar to how NFTX v3 works (now being recreated as Flayer). Sell into floor pool but there is an auction period where a premium price can be attained. Just needs to be a second level protocol for using those floor tokens to build attribute-specific stuff

@0xWave Ahah ya it's definitely a question that could go either way. I appreciate your thoughts Personally I just accumulate floor mutants and assume I can trade those in eventually for a dope ape or two if I want :) You make good points

@gaus_eth it's an interesting challenge though -- is an NFT floor healthier with a ton of high listings or just fewer listings overall?