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If one thing is certain,
It's that markets are here to stay
So many people get wiped out prematurely
Before the easy mode even shows itself
That urge to get there early is double edged
Many have died on that hill.
Pushing trades in chop
Sizing in big into low cap shitters
Averaging losers while it keeps making new lows
So many hills to die on.
In this chaos,
Your primary job is to survive in this market.
Never play Russian roulette no matter how huge the reward
Markets existed before you arrived
Markets will exist after you're long gone
Don't let the market choose your battles.
Survive,
Then Thrive.
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@0xRyzzu @RazorDex_ how do i deposit on razor ? i mean can I deposit eth or usdc directly from eth mainnet or bybit on the M2 devnet ?
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$movers the first ever meme coin launched at Movement.
the first top liquidity on @RazorDex_ with an initial value of 1:1 with Move

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@Cimolino_A @collins_belton We're doing everything we can within the bounds of the law to open access. If your country sucks, you gotta move or lobby your representatives. We can't change the law and we are not interested in breaking it.
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At the risk of ruining his experience on twitter, I must say a gigantic thank you to @collins_belton who is pretty much one of the only few people I have even spoken to in the last three months and we would never have managed to launch Echo without his help
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@AIWayfinder @ParallelColony @ParallelTCG @EchelonFND AI-powered survival simulation game incorporating both @ParallelTCG and @AIWayfinder? Check.
A generalized infrastructure project that will hopefully usher in a new era in AI<->Blockchain innovation? Check.
$PRIME mooning? Check. $Prompt drop for stakers? Check.
LFG.
//
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think this $PRIME staking to get $PROMPT token deserves more attention on X @ParallelTCG
therefore sharing some napkin maths on the R/R one would be receiving through "caching" $PRIME below
also thought that the $PROMPT staking to get $PRIME offers a better R/R than staking $BLUR to get $BLAST
and that the market has not fully priced in this news because of a few nuances as below + details not fully fleshed out yet
1. the upfront unlocking portion upon $PROMPT TGE is still unknown
2. $PROMPT will be "vested" across 3 years which basically squeezes the ROI of "caching"
while these concerns are valid; it could still be lucrative even if one does not harvest the entire portion based on the following maths
1. circulating supply of $PRIME is still standing at around 33%; and as a benchmark the % of circulating $BLUR staked is only hovering around 30%
which means it would be very likely that only around 10% of the entire $PRIME token supply would be "cached" practically
2bn * 10% = 200mn; receiving 45% of a multi billion dollar AI Agent infrastructure seems immensely lucrative if anything
2. $PRIME emission would dilute the above return?
the TGE of $PROMPT tokens would be very likely to be Q4 this year if i have to guess; consistent to the launch of @ParallelColony (plus or minus a few months)
during this period; the emission of $PRIME mainly comes from a) @ParallelTCG studio reserve which is subject to a monthly unlocking of 912k $PRIME + b) parallel investors which is subject to a monthly unlock of 750k $PRIME
and the elephant in the room would be emission of $PRIME in the gameplay pool; which the team has very recently adjusted given the influx of gamers post open beta
prior to that; average gamer receive <0.1 $PRIME per ranked game; and given every gamer could only receive rewards by 5 games at max per day
0.1 $PRIME * 5 * 30 = 15 $PRIME to be made every month as a very rough ball park; but compared to the emission mentioned above the portion is relatively negligible
you could argue one might make more $PRIME per day advancing through the ranks; but that requires more investment in $PRIME terms
which would then be going to the sink schedule eventually creating a net sink in the system
according to the above estimation; circulating supply of $PRIME would at most go up to 50% of the total token supply from 30% as of now
assuming a less ideal scenario that a) circulating supply grows to 50% by end of 2024; b) 10% of $PROMPT (around one fourth of the 45% allocation) to be unlocked upon TGE
the ROI of staking $PRIME to get $PROMPT is still pretty lucrative at >70%; which could be achieved within plus or minus 2 quarters
3. AI comps would continue be lift throughout the rest of the cycle
AI agent comps in the market right now are a) $OLAS which is priced at >3bn; or $MORPH which is priced at >10bn in @WhalesMarket
assuming AI continues to be a hot narrative these closest benchmark to $PROMPT would continue be lifted in valuation
$PROMPT finding @ParallelColony as the first use case which potentially could be a category defining game
could very easily justify a premium to the 2 aforementioned public market comp
4. $PRIME <> $PROMPT relationship
as an extension of the above logic; valuation of $PROMPT would be continue lifted not only by public market comp
but also by the valuation of $PRIME itself; and that would be driven by a) @ParallelTCG being an immensely successful game + b) asset on Parallel TCG having forward compatibility in @ParallelColony + c) colony being a category defining game
conclusion: the above analysis largely sums up why i am bullish on $PRIME <> $PROMPT play
if you ain't reading all that shit; i hope you're happy for me and would feel sorry for me if anything wrong happened :(



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Fantasy V2 is live on the @Blast_L2 testnet! ✨
👉 fantasy.top/home
✷ Referrals are open 💌
✷ The first 999 new registrants can use the code 'v2' 🔓
Register to claim 1,000 FAN points, 2.5 ETH and 1 Pack of Cards to start playing. More packs are available in the shop.
10,000 FAN points bonus are also accessible to everyone completing the first Fantasy Quest.
This launch marks a thrilling upgrade to Fantasy's gameplay, now more engaging and filled with opportunities than ever before.
Learn more 🧵
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“tdlr"
Bittensor subnets involve many people competing to complete tasks, and the best results are chosen and rewarded.
Sturdy uses this technology to compute the allocation of its aggregators’ assets more efficiently.
Adopt a NOLF: opensea.io/assets/ethereu…
🫶

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“bro, wat are bittensor subnets”
An explanation of @opentensor subnets and how @SturdyFinance takes advantage of them, in (very) simple terms. 🧵

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