How to position for a potential Syncswap Airdrop
A Guide on How to Position for the @syncswap possible Airdrop#Airdrop is Confirmed.
— BMS (@bloomstarbms) April 6, 2023
1/ A Thread, RT for frens
2/ SyncSwap brings more people easy-to-use and low-cost DeFi with complete Ethereum security.
— BMS (@bloomstarbms) April 6, 2023
Syncswap is an AMM on zksync Era where you can swap your token with low gas, provide liquidity to the pool and track your portfolio. They also have a launchpad.
3/ Syncswap confirmed it will be having a token in the future for its governance, and this means it will likely reward its community and early users.
— BMS (@bloomstarbms) April 6, 2023
4/ Let's head to The guidelines on how to position yourself.
— BMS (@bloomstarbms) April 6, 2023
First; Head to https://t.co/5vj1igZ3of
Connect your metamaskk wallet, then switch to zksync Era mainnet, If you have not used Zksync Era before, please use https://t.co/6niFipDOfk,
5/ Connect your wallet, search for zksync Era, click on add to metamaskk, add, and switch your wallet to Zksync Era.
— BMS (@bloomstarbms) April 6, 2023
After that, you head back to the syncswap page, go to the portfolio, and see the amount you have on zksync.
6/ If you do not have one, you can bridge funds to zksync using @Orbiter_Finance, or you use https://t.co/KymxnD0SsL, connect your wallet, bridge from mainnet to zksync era
— BMS (@bloomstarbms) April 6, 2023
7/ After that, go back and you would see the balance in the portfolio section, now it's time to interact with the protocol as you can. This a brand new wallet. pic.twitter.com/5BG2VytfmW
— BMS (@bloomstarbms) April 6, 2023
8/ Next, you head to the trade sections and swap some of the $Eth to $USDC,
— BMS (@bloomstarbms) April 6, 2023
As seen in the picture below pic.twitter.com/XC6rIHBaMx
9/ I Divided the $eth into 3, swapped 0.01 to $usdc, then head over to the pool section.
— BMS (@bloomstarbms) April 6, 2023
Here I actually click on New position, then scroll down and click on enter pool, then select Deposit, There I input the whole $usdc and also 0.01 eth, which is an equal amount of both pairs pic.twitter.com/zu4JEB7BOL
10/ Then click on deposit, confirm the transaction on your wallet, and your new position has been created.
— BMS (@bloomstarbms) April 6, 2023
Next is to click on my position, and see your pool position and balance.
11/ I advise that you leave the LP token there for a while, then move some more funds into Zksync, then swap and create volumes, $1000 to $5000k is safe bait.
— BMS (@bloomstarbms) April 6, 2023
Also been on the look out to use their launchpad once they have a protocol launching on it.
ArbitrumDAO readjusts proposals based on community feedback
1/10 With the ArbitrumDAO reaching consensus against AIP-1, it's now time to incorporate community feedback, and move forward with new AIPs and documentation that address key areas of concern.
— Arbitrum (?,?) (@arbitrum) April 5, 2023
Details below??
2/10 The Foundation will not move any of the remaining 700M tokens in the Administrative Budget Wallet until an acceptable budget and smart contract lockup schedule has been approved by the DAO.
— Arbitrum (?,?) (@arbitrum) April 5, 2023
3/10 Three new documents have been posted:
— Arbitrum (?,?) (@arbitrum) April 5, 2023
– Transparency report about the Foundation’s initial setup
– AIP-1.1: Lockup, Budget and Transparency
– AIP-1.2: Amendments to current founding documents
4/10 The transparency report describes actions taken to get the DAO up and running. As these have already occurred, the DAO will not be asked to vote on them. However, the DAO can change these parameters and roles via future AIPs.
— Arbitrum (?,?) (@arbitrum) April 5, 2023
5/10 AIP-1.1 proposes important restrictions on the Foundation’s spending, including a smart contract-enforced lockup schedule that releases linearly over 4 years, further adjustable by the DAO.
— Arbitrum (?,?) (@arbitrum) April 5, 2023
6/10 AIP-1.1 also proposes well-defined budgetary principles and categories, and mandated
— Arbitrum (?,?) (@arbitrum) April 5, 2023
transparency reports.
7/10 AIP-1.2 proposes to amend the core governing documents of the DAO, lowering the proposal threshold from 5,000,000 to 1,000,000 tokens to make governance more accessible. It also adjusts the Foundation’s bylaws to remove references to AIP-1.
— Arbitrum (?,?) (@arbitrum) April 5, 2023
8/10 Rather than asking the DAO to vote on actions that have already been taken, AIP-1.2 proposes to use the DAO's ability to make changes to those initial parameters to incorporate community feedback.
— Arbitrum (?,?) (@arbitrum) April 5, 2023
9/10 We have heard the feedback, and have worked diligently to address it and make sure the Foundation can represent, and serve the DAO's best interests with their support.
— Arbitrum (?,?) (@arbitrum) April 5, 2023
10/10 AIP-1.1 and AIP-1.2 have been posted on the community forum and will be available for feedback for at least 72 hours before a planned week-long snapshot vote.
— Arbitrum (?,?) (@arbitrum) April 5, 2023
Links below ?
AIP-1.1https://t.co/qZA1gkUupb
— Arbitrum (?,?) (@arbitrum) April 5, 2023
AIP-1.2https://t.co/jFOi5It8Er
Transparency Reporthttps://t.co/XM5oN3F3Ks
