Playing @PegasysDEX on @syscoin L2 over the next few weeks.
A month ago my timeline was filled with "ZK rollups are the future", now the first AMM is launching on a ZK L2 and everyone is silent.
By making moves now you can front-run the crowd with a $PSYS airdrop.
Thread ๐งต
A month ago my timeline was filled with "ZK rollups are the future", now the first AMM is launching on a ZK L2 and everyone is silent.
By making moves now you can front-run the crowd with a $PSYS airdrop.
Thread ๐งต
L2 Narrative -
ZK rollups have been widely hyped as the future of ETH scaling. There are several huge advantages across withdrawals, throughput, and data availability.
Great ๐งต by @_supercycled on ZKs if you want to deep dive:
ZK rollups have been widely hyped as the future of ETH scaling. There are several huge advantages across withdrawals, throughput, and data availability.
Great ๐งต by @_supercycled on ZKs if you want to deep dive:
ZK Rollup Plays -
Technology is still widely being developed so many zk projects haven't launched or don't yet have tokens.
Networks:
@zksync
@loopringorg - $LOOP
@syscoin - $SYS
@duskfoundation - $DUSK
DEXs:
@mute_io - $MUTE
@PegasysDEX - $PSYS
Probably missing a few...
Technology is still widely being developed so many zk projects haven't launched or don't yet have tokens.
Networks:
@zksync
@loopringorg - $LOOP
@syscoin - $SYS
@duskfoundation - $DUSK
DEXs:
@mute_io - $MUTE
@PegasysDEX - $PSYS
Probably missing a few...
Syscoin -
$SYS circ mc is only $327M with an FDV of $461M.
I'll caution that zk rollups aren't live on the $SYS chain. The chain itself has been fairly slow but both these factors allow you to accumulate $PSYS leading up to zks going live.
$SYS circ mc is only $327M with an FDV of $461M.
I'll caution that zk rollups aren't live on the $SYS chain. The chain itself has been fairly slow but both these factors allow you to accumulate $PSYS leading up to zks going live.
Pegasys Launch -
Pegasys farming launches on March 16th but the website is live: pegasys.finance
3% of the total supply will be airdropped to anyone who bridges with multichain, swaps, and provides LP before March 10th. Front run the trend...
Pegasys farming launches on March 16th but the website is live: pegasys.finance
3% of the total supply will be airdropped to anyone who bridges with multichain, swaps, and provides LP before March 10th. Front run the trend...
$PSYS Distribution -
100M $PSYS total supply and the 3M $PSYS airdrop will be the entire circulating supply at launch on March 16th according to the below schedule.
It's also nice to see a project with 65% of rewards going to the treasury + LP rewards.
100M $PSYS total supply and the 3M $PSYS airdrop will be the entire circulating supply at launch on March 16th according to the below schedule.
It's also nice to see a project with 65% of rewards going to the treasury + LP rewards.
Emissions -
Emissions drop very heavily each of the first few months meaning there should be a period of heavy accumulation before zk goes live.
I'll be single staking my airdrop and LPing TBD pools due to market conditions.
Emissions drop very heavily each of the first few months meaning there should be a period of heavy accumulation before zk goes live.
I'll be single staking my airdrop and LPing TBD pools due to market conditions.
Conclusion -
It's the perfect way to get long-term exposure to both $SYS and zk rollups with a small-cap coin. All the zk chads out there feel free to add commentary in the comments!
Do your own research and nothing in this thread is financial advice. Good Luck! ๐
It's the perfect way to get long-term exposure to both $SYS and zk rollups with a small-cap coin. All the zk chads out there feel free to add commentary in the comments!
Do your own research and nothing in this thread is financial advice. Good Luck! ๐
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