Founder of @0xmerch_io | #BAYC | #PudgyPenguins | #CyberKongz | #NORMIES | #STONKBROKER | $FWA | $PNKSTR | $IMD
CN
Joined December 2013
- Tweets3.6K
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- Followers3K
- Likes21.3K
Tao.eth 涛 retweeted
Expanding on why I believe "ETH as store of value (SoV)" makes much more sense to focus on than "ETH as fee-burning token".
Three primary reasons:
1. ETH as fee-burning token never was as strong as it seemed
2. Optimizing for ETH as fee-burning token would demand Ethereum and ETH function in ways that are very hard to make compatible with decentralization and capture resistance.
3. Meanwhile, optimizing for ETH as SoV is aligned with Ethereum focusing on its unique strengths (decentralization and CROPS)
EIP-1559 (including its burn) is fine and good, we should keep them. But we should not feel sad if fee burn is < 10% of breakeven indefinitely; the value of ETH comes from elsewhere.
The core idea: the big thing that people appreciate about Ethereum is decentralization and CROPS. The main pragmatic benefit that these things translate into is stability. SoV is the category where that is not an unneeded extra we merely put effort into for ideological reasons, but rather a pragmatic strength from the perspective of people putting in their assets. And in the era of AI disruption, stability will be highly valued.
Tao.eth 涛 retweeted
Introducing Flake Finder, a free to use resource built by The Huddle for all of CT.
Flake Finder can help you find forgotten funds across multiple chains, just by pasting your wallet address.
Check it out today 👇
I admire those builders who keep on working, just as they always have, even during market downturns.
ZHANGTAO Book 01: settled ✅
7-day vault return in WETH:
+29.52% before fees
+21.55% after fees
Book 02 launches Nov 6, 04:00 UTC.
Launch link will be posted here.
@MancerXYZ @ClutchMarkets
Past performance ≠ future results.
ZHANGTAO Book 02 ($TAO2) 📚
mancer.xyz/books/0x2798ecca1…
The raise opens Nov 6 at 04:00 UTC.
7-day term · WETH pair · Pool fees to stakers.
Tao.eth 涛 retweeted
First revenue share epoch! 🎉
112 ETH on OpenSea
21.2 ETH on Pixel Market
Total: 133 ETH volume since October 5.
As we committed and set on the blockchain, we share 50% of both revenue streams with Normies holders.
From @opensea royalties: 2.7874 ETH
From #PIXEL market fees: 1.0613 ETH
Total: 3.8487 ETH ($8,714) shared with 1,798 wallets.
Every holder got paid, and claims open tomorrow.
Revenue share is tiered by both the Normies and the #PIXEL you hold. Hold more of either to level up your multiplier and boost.
In a flat market, with hacks across the space and NFT volume at all-time lows, we still shared 3.8487 ETH with ALL of our holders.
We believe in the future of NFTs. We believe in the future of Normies. When the market comes alive again, more volume means a bigger pool and higher earnings for every holder.
Check your share: normies.art/lab/pixel-market…
Tao.eth 涛 retweeted
Quantum computing poses a serious threat to the cryptography blockchains currently rely on, while advances in AI compress best estimates for the threat's timeline.
That's why experts gathered in Cambridge to coordinate research upgrading our cryptography to be quantum-resistant.
Tao.eth 涛 retweeted
Digital minimalism
vitalik.eth.limo/general/202…
Tao.eth 涛 retweeted
StonkBrokers is officially live on Robinhood Wallet.
Easy Mode DeFi for Robinhood Chain Crypto and Stock Tokens at the push of a button. @RobinhoodCrypto
Tao.eth 涛 retweeted
Mancer is now on iPhone.
Follow your friends and know when they trade.
Invest in traders with Books.
Get the beta at mancer.xyz/app
Tao.eth 涛 retweeted
Now that ApeSTR is effectively bricked and can't resell apes, people have been asking if they can swap for apes in the pool, so I built a tool to do just that.
Live now at osnipe.app/pool-swap
Works for apes, pudgys, CDBs, meebits, moonbirds and cryptoadz. Squigs are there too but that contract does not hold any squigs anymore, so no real opportunities to swap.
Note that you'll need 2 of a given NFT to swap for a new one. One is used as the "bait" and returned to you after the swap.
Tomorrow, @Rhynotic will gift bait NFTs to the contract so that swappers do not need to provide one themselves. It will also be added to the NFTStrategy frontend (I think).
There is a small fee, half of which goes towards buying and burning the strategy tokens.
Note: the tool also supports the 10 BAYC that are in the BAYCExchange contract by @machibigbrother, and those do not require bait NFTs at all.
Happy swapping.
A quick note on this because it's maybe interesting:
These 21 apes are not truly bricked forever. They can be swapped for other apes using the same mechanism run this morning.
But all of the listings are cleared - ApeSTR effectively thinks it owns 0 apes - so nothing can be purchased.
So to you purists saying this is a deflationary event - it kind of is?
There are net-new 21 apes that can never be purchased, but which 21 those are can change from day to day.
Tao.eth 涛 retweeted
24 packs. 1 box.
10 boxes. 1 case.
The Mudwater's combine tab on mudwater.bayc.com/reconstruc…
lets you combine your digital packs into booster boxes and cases, or deconstruct them right back down.
More ways to organize, stack, and manage your collection are now live.
Tao.eth 涛 retweeted
Books are now live on Mancer! We built this in collaboration with @ClutchMarkets.
Create your first book at mancer.xyz/books
Tao.eth 涛 retweeted
ct is becoming super vile and it's easy to feel like everyone is out to get you / wants you to fail
then you go to things like Marfa, and you're reminded that most people here are awesome, passionate, and rooting for you
you can spend hours just reading constant hate tweets on any topic, or even about yourself if you have any sort of following
people (and bots) will tweet for engagement the second something goes wrong, and be back in dms and praising you on the timeline after you're back on top. there's a reason many creators/developers have stopped tweeting, it takes a huge mental toll to just stick around
it is important to remember that most people don't create anything. most haven't launched an idea. most haven't deployed a smart contract that can hold tons of money and be exploited at any second even if you've checked everything
if you stop tweeting they win. if you stop working they win. if you stop innovating they win.
we will win.
Tao.eth 涛 retweeted
WIN BIG. CLOCK IN.
1 StonkBroker. 4 Interns. 5 winners.
Your entry starts at $5.
Every $5 deposited = 1 ticket.
Oct 25–Nov 1, 20:00 UTC.
Get 1 bonus ticket: deposit $5+, reply with your depositing wallet address AND repost or quote this post.
Tao.eth 涛 retweeted
I’m proud to announce that we’ve donated ownership of the PunkStrategy contract to the NODE Foundation.
I view the contracts we create at TokenWorks as art. NODE is already the home of the CryptoPunks IP, and I think they’re the right people to carry this idea forward. Being able to donate PunkStrategy to them means a lot to me.
With this transfer, TokenWorks’ share of trading fees will now go to NODE, giving them a new revenue stream to support artists, exhibitions, and more. We think this is the best home for the project.
PunkStrategy runs autonomously and is designed to keep running for as long as Ethereum does. At the time of writing, the contract holds 37 Punks, which remain governed by its rules. The owner can only do three things:
* Set the trading fee on the hook between 1% and 10%
* Set the relisting multiplier for newly purchased Punks between 1.1x and 10x
* Claim the owner’s share of trading fees.
We’ll continue tweeting about PunkStrategy’s buys and sells and supporting the project. Both TokenWorks and I personally remain significant holders of PNKSTR.
The Token Works
