/biz/ - Business & Finance

Cool to see something finally come out of this fiasco. If they can get some TVL and marketing they might just reach that billions in valuation

>>57685750
Yo bro imma deposit $100 on zksync no cap

Devs are completely bankrupt and have no warchest. That's why they have to incentivize with their worthless token instead of locking up some TVL. Dead project even if it is technically impressive, will probably get cloned by Cronje and make a billion dollars

>>57686008

Nice

>>57686498

Big Arcade is also a project by Mak Capital like fringe. They have funds, they have the tech and the first mover advantage, they just need users at this point.

The PYTH tokens are worth something like 60k so it'll be worth getting in on this I believe.

How much should we deposit ?

>>57687026

For the optimism bonus 10 dollars is enough and for the zk sync airdrop more is better, but really any amount on any of the 5 chains makes you eligible for a cut of the tokens based on the total amount and duration of the lending you're doing.

I'm in for the rewards campaign

which chain is preferred?

>>57688002

It's hard to tell which chain will see the most use, but for the rewards I would prioritize zk sync. V2 only just launched and the team is currently focused on making the user experience as smooth as possible with the current UI while collecting our feedback for future changes. Marketing for this microcap hasn't really begun yet.

>>57687923

Fair, that's what it is for. Optimism is definitely the way to go if you don't want to spend a lot of money and get a fixed reward.

Projects like this can turn on a dime. a month ago everyone was euphoric. The tech is functioning as intended. sure theres some kinks to iron out but give it a couple months, billion dollar projects are born out of ashes

I am at 2x profit good

>>57692086

It's mostly cosmetics. The backend is really high end, but the front end needs a make over. If you enter the website without a wallet, it shows you a mock up page, that kind of stuff. It all works and has been audited by 2 independent hogh end security firms that also work with companies like Cisco. They're currently polishing the UI and user experience.

>>57685750
>>57686804
>>57687080
>>57689364
>>57692786
top kek the pajeet finance shill is still here

>>57692815

Brian (API3) and his son Alex Pasfeld are the project lead and main dev

>>57685750
Whats exactly and airdrop? is that good? I mean, I'm kinda new and looking for info, and, I read about satoshisync doing an airdrop too?

Thanks just bought $100k

>>57694051

You want to be careful chasing airdrops. Many are fake and will steal your money. Airdropping is actually just a mechanism where a project puts tokens into a distribution algorithm that rewards users according to a scoring system.

For fringe this is pretty simple. You get rewarded based on the generated revenue. Say you put a 100 dollars in fringe, and there's a 5% APY then you get 5 points per day. The longer you supply the most profitable assets, the bigger your share.

Past airdrops like the arbitrum one had much more complex scoring systems where they looked at the number of transactions, unique contract interactions, volume, frequency, which bridges you used and with how much money etc etc

>>57685750
Okay, I lended $100 worth of WETH on Arbitrum network.
Is there anything else I have to do?

>>57694609
Nope, once the TVL marketing period starts (March 5) your loaned funds will start being logged, until the first cooldown period begins (250k TVL.) After the cooldown, rewards will be calculated and distributed to your wallet. Then you can leave those funds in, so you continue to accrue rewards credit in each TVL goal iteration. It's that simple.

>>57685750
im not opening my rango wallet just to be a part of a fucking ponzi shit

>>57694717
Okay, thanks for the answer

>>57685750
You must be joking if you think I would spend money on a token from a chain other than BRC20

>>57686008
Nice try, poojet, i'm seeing through your shitty 2008 PC

>>57694854
people don't understand that airdrops don't work anymore, it is better to bet and invest in new shitcoins instead of begging on coinbase

>>57694854
from other what? look at this poojet trying to shill hes shitty token

>>57687923
so you're here to bleed a new project dry? you disgust me so much, faggot

>>57694854
>You must be joking if you think I would spend money on a token from a chain other than BRC20
KEK

>>57694854
lets goooo, anotherbased chad thats gonna make millions out of that shittytoken

>>57687026
enough to feed a pajeet family for 2 days

>>57694900
Better than the floor rice we've all been surviving on for 3+ years

>>57694727

Ok, you're free not to participate of course. For anything you don't trust I always recommend creating a separate wallet. If you change your mind, I recommend optimism for small amounts and zk sync for bigger amounts.

>>57694877

Airdropping is just a distribution mechanism. It's a reward program for supplying assets on Fringe which you can combine with other ongoing programs already ongoing on the networks.

$1 soon