Preparing for the future
We’ve entered the darkest phase of the bear market. The biggest names in the space have collapsed, and many newer entrants who arrived after 2020 will likely perish when all this is over.
The best way to survive now is to follow the builders. Help them in testing and bootstrapping their projects, and you will be rewarded with tokens or NFTs. The projects that survive will bring profits.
Fuel Network is a modular chain. There’s a good chance that modular chains could become a central narrative of the next crypto market cycle. A modular chain can take parts from other chains and make them work together.
Fuel is currently in beta testnet, with the mainnet launch months away. SwaySwap, an AMM-based decentralized exchange, is the only working application on it today. You can become an early user by creating an account and testing the swap feature.
Accounts are stored in your browser, so you must ensure your information persists. You can use a developer version of Chrome for Mac or Windows to have a different browser to avoid accidentally deleting your account.
After creating your wallet, you’ll receive 0.5 test-ETH, which you can swap on the platform for other tokens.
Opportunities on StarkNet
The ZK-Rollup space is still in its infancy, with only a few players offering live products—the main ones being StarkNet, zkSync, and Polygon.
In my previous update on StarkNet, I mentioned the regenesis plan, which will require users to update their wallets. The regenesis is slated to happen toward the end of the year. Make sure to back up your seed phrases before updating anything or you might lose access to your account(s).
With a few weeks left for regenesis, it might be a good idea to play around with the alpha mainnet version and some applications on it to improve eligibility for a potential STARK token and the specific project’s airdrop.
Braavos recently raised $10 million in a seed round led by Pantera Capital. While there is no information about a token for the wallet and the team discourages token discussion, there’s a channel #wen-token on their Discord (note that this could simply be a joke).
Download the browser extension wallet and perform a few transactions, such as bridging via Orbiter Finance, performing swaps on mySwap and 10Kswap, trading NFTs on Mint Square, and sending tokens between multiple wallets.
Orbiter Finance is a decentralized cross-rollup bridge for transferring Ethereum-native assets across both Optimistic Rollups and ZK-Rollups, making it one of the top choices to bridge assets to StarkNet besides the StarkGate bridge.
The project has Discord roles for users who complete the missions, like performing at least three transfers and following the project’s Twitter account. In the future, these users may get an airdrop of Orbiter Finance’s token or, at least, allowlist access.
Connect your Ethereum wallet, which you used to bridge funds to StarkNet, and claim your roles here.
Roles I claimed on Orbiter Finance’s Discord server.
NFT Breeding on Sui Testnet
As I mentioned, the Sui blockchain is still in devnet and little information about the airdrop is available. However, the Sui team recently launched the CapyBaras NFT project, which might be a proxy to get the tokens.
While there is no guarantee interacting with Capys will earn you an airdrop, the emphasis the team has placed on the project in the Sui Discord server suggests that there’s a likelihood that its users will be rewarded.
The Aptos airdrop played out similarly. Only users who minted the Aptos ZERO NFT received it. It was one of the leading activities mentioned on the project’s Discord server, among all other testnet activities.
Next, visit the project’s website and mint at least two Sui Capys for 0.001 SUI. Then, go to their breeding section and breed for a new Capy.
Breeding Capys (Source: capy.art)
That’s it for today. Remember that survival is the name of the game in this industry. If you stick around by performing simple activities as above, you can come out on top when good times arrive.
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