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Slappjakke-1
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Aped 60% of my points into IRIS
Will evaluate later if i will be max bidding
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Slappjakke-1
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21 Hours into $IRIS Genesis sale on Virtuals - 14000 Virgens - 809M points pledged - 0.46 tokens per point NB: these numbers will change as more Virgens pledge, expecting a rush at the end 100k points will give 46000 tokens at this point 20M FDV = $920 = $0.009 per point 40M FDV = $1840 =$0.018 per point 60M FDV = $2760 = $0.027 per point 80M FDV = $3680 = $0.036 per point 100M FDV = $4600 = $0.046
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21 Hours into $IRIS Genesis sale on Virtuals - 10400 Virgens - 809M points pledged - 0.46 tokens per point NB: these numbers will change as more Virgens pledge, expecting a rush at the end 100k points will give 46000 tokens at this point 20M FDV = $920 = $0.009 per point 40M FDV = $1840 =$0.018 per point 60M FDV = $2760 = $0.027 per point 80M FDV = $3680 = $0.036 per point 100M FDV = $4600 = $0.046
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Some good yield + points opportunities using deUSD and sdeUSD on @eulerfinance on @avax deUSD is a fully collateralized, yield-bearing RWA stablecoin from @elixir with $172M TVL Base APY for staked deUSD is 5.02% APY and earns 2x elixir potions When deposited into Euler: ๐ท sdeUSD: 9.24% APY + 3x elixir potions ๐ท deUSD: 9.82% APy + x10 elixir potions If you borrow against your deposits and loop it you can earn up to 46% APY + leveraged points ๐
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Oversubscription is a false indicator once a Virtuals Genesis sale reaches 500% or more oversubscribed Points allocated is the one you need to track Why? At the start many people are pledging large allocations even when pledging low points. E.g. 566 virts for 100k points as this is what is recommended in the start But when 100M points is allocated it will recommend you 100 virtuals And when 500M is allocated it will recommend you 20 virtuals At 1B points it will recommend 10 virtuals This means oversubscription rate grows a lot slower once it reaches a certain point Points allocated is a linear line. Oversubscription is not. Track the points
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Sandwiching gonna be pretty rough on the IRIS launch with only uni v2 LPs Make sure you use a MEV Protected DEX aggregator or RPC And be careful with your slippage settings when trading on Ethereum Mainnet (but you might need to increase it because of high vomatility) This is normally not an issue for Virtuals agents because of private mempool on Base On Base the protection is default. On Ethereum you have to opt in.
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