21.4M $ARB incentives giving to 26 protocols
21.4M $ARB incentives giving to 26 protocols
Guiding u thru goverance alpha
Governance Alpha on @arbitrum 's Backfund proposal
5 speculatable tokens based on Backfund
21.4M $ARB incentives giving to 26 protocols must pump something
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📍TLDR
Backfund is a arbitrum goverance proposal to give 21.4m to 26 protocols to help arbitrum grow with high chance of passing
This thread shares 🐏 quick thought process on token speculation, not farming ( yet, coming soon )
- current 60% YES 39.26% NO with 130m voted
- avg total voting is 130-160M
- Vote Ends on 3 Dec
U can "front run" the voting, if u think its going to pass n buy some tokens that benefit in advance
What are the tokens ?
These ideas are based on
incentive to mcap ratio ( short term, dont look at fdv )
how much does token capture value
how "arbitrum" is the protocol as part of arb season ape buyers
( people would ape $grail because its DEX of camelot )
From Grant to Mcap ratio
@RamsesExchange ( 0.85 )
@savvySVY ( 0.3 )
@unsheth_xyz ( 0.25 )
@Rodeo_Finance ( 0.1 )\
Ramses Exchange
solidly dex
ARB incentives are only given to LP holders but not voters.
token might not capture most value directly
with the ARB incentives it should be able to attract more trading vol & fee for token holders
farming or speculation on token base on ur risk app
Savvy
DeFi CDP on top of various DeFi strategies
Token for yield boosting + goverance.
voting gauge in development.
With $SVY as a yield booster for both $ARB & SVY rewards there might be some buy pressure for the yield boosting
* distribution planned to be concluded by 27 Jan
Perp tokens
@vela_exchange 1m grant in total with 400k for trading reward
@GainsNetwork_io 4.5m grant with 85% used for trading incentives
captial & attention is on @vertex_protocol token price + trading volume
Can keep an eye on is the money rotating into $GNS & $VELA
Interesting mention
@TalesofElleria
turn base fighting adventure web browser with @Treasure_DAO
Live n playable
tldr click click upgrade & fight game. looks like the team been developing n growing it
Thought it could hv asked for more grant
breath of fresh air non scamy gamefi
100% funds are used for world boss events
Boss events are basically a boss where players fight them n the top players get the price ( ARB incentive for the up coming ones )
Check highlighted words for key info
$ELM is used to summon hero
With heros u can fight future boss events n earn ARB incentive
Not sure how favourable is it for new players to start now tho
was pretty funny to see the famous nft Kevin was the last boss
u can tell the team is trying to build.
worth taking a look
@SankoGameCorp
10m mcap with 500k grant for streamers & views incentives
tldr is mi lady nft + streaming friend tech + gameblfi
as cult as meme as it gets
highly speculative, even if u are not going for token, keeping tabs on it is funny
might start streaming there for fun
I hope u find this insightful, funny or valuable somehow.
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