$19M VIRTUAL (9.81M tokens) already locked as veVIRTUAL afte | Slappjakke-1 on Binance Square

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$19M VIRTUAL (9.81M tokens) already locked as veVIRTUAL after staking was announced
Gonna need a Dune dashboard to see how long they locked, but already there's 2 wallets who deposited over $2M each and one wallet over $1M

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-4.49%

2

0

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The era for high FDV launches has slowed down, but there are still some chains which are expected to launch with multi billion valuations. The OTC Market for @monad_xyz is currently trading at $2.7B which means that the airdrop could be significant. Remember that OTC for locked tokens often trade at a 40-50% discount, which would mean 3-4B FDV at launch To take advantage you want to maximize your points in the Monad Testnet by looping @MagmaStaking $gMON on Kinza or Nostra 1️⃣ Stake on Magma: Receive gMON by staking MON. https://t.co/wOiCrM5CcG 2️⃣ Deposit gMON: Use it as collateral in lending protocols to borrow more MON. You can deposit gMon in @kinzafinance https://t.co/1BdpPR7KkO Or in @nostrafinance https://t.co/CHBFmgQJX1 3️⃣ Re-Stake for more: Stake the borrowed MON to get additional gMON. 4️⃣ Repeat the Process: Continue the loop to increase staking yield. 5️⃣ End the Loop: When you want to end the loop, withdraw from lending market, and LP MON and gMON on a DEXes or swap out In the process you'll be earning Monad, Magma and Kinza/Nostra points

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Disagree that spending Virgen points yesterday on Axelrod was a dumb choice because of high points per token ratio $AXR and $BIOS are by far the launched Genesis coins i believe can have a great run ahead of them If we want to keep earning points we have to diamond handing these @virtuals_io bags for months and I'd prefer to hold coins where I have some conviction instead of random 48h pamp launches that I'll most likely roundtrip FDVs are still low (18M and 8M) and there's still plenty of potential upside You can't hit a 1000x by selling at 100x

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$AXR by far the largest launch on @virtuals_io Genesis so far Launched and currently trading at 15M mcap a 68x ROI from launch price 🔷 2500% Oversubscribed 🔷 7007 Participants 🔷 306M points (almost 3x larger than any previous) 🔷 Points per token = 0.82 🔷 4.07M points for max allocation 🔶 Value Max Allocation = $75k 🔶 Value 100k points allocation = $1800

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Are you locking for veVIRTUAL? yay or nay?

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Guess the moment where $DRV announced it might be aquired by $SNX via token swap with 3m cliff 6m vesting

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