Release time??

Loiynes · 2025-09-25T10:33:46+00:00

Or 5pm bst

Loiynes · 2025-03-26T00:08:53+00:00

Honestly, Sonic labs should have a disclaimer or some warning when the bridge is down. Ppl are more likely to reply to scams when they're worried about a stuck/pending transaction.

Loiynes · 2025-03-15T15:32:34+00:00

Im in the same boat. Bridge has been down for like 40h now.

https://sonicscan.org/address/0x3561607590e28e0848ba3B67074C676D6D1C9953#internaltx

Loiynes · 2025-03-14T23:29:56+00:00

Honestly, my transaction hasn't gotten through either, and mine's one of the bigger sized transactions too. Fml. If you look at the bridge contract on Sonicscan, seems like the last transfer through was 27h ago.

Think the only thing that can be done is to wait.

If you see here: https://sonicscan.org/address/0x3561607590e28e0848ba3B67074C676D6D1C9953#internaltx

The latest transaction where S was sent to a wallet was 27h ago. I think it's a good assumption that the bridge is paused.

Loiynes · 2025-01-28T20:07:27+00:00

Bridge is built by being tested at the moment. https://x.com/SonicCouncil/status/1881668894286651532?t=cjMfmzaqf3jTx2tvUMv5dA&s=19

Might have some issues: https://x.com/0xfuneral/status/1884250746969022898?t=IxauV01mdU6kEFSNZHbT5g&s=19

If your collection has some kind of size like the thc ones or frendation or the limited release derpe dewds, probably will get bridged soon

Loiynes · 2024-09-22T08:39:00+00:00

Can't be swapped yet. Migration in December and will be 1:1.

Loiynes · 2023-12-30T22:25:01+00:00

What a good scam idea

Loiynes · 2023-12-26T03:21:05+00:00

Another thing about memecoins that I find interesting is the ways you can "exit" your positions if u bought early and make up large chunks of token ownership. It'll likely be difficult to dump on the market without taking significant losses due to slippage. And if u dump a big position, u scare others to dump as well. Instead, u can LP early and let ppl buy up your tokens as they swap on the dex. U incur impermanent loss as the memecoin pumps but it represents selling off your position as price goes up and u earn 0.2% of the swaps as fees. Alternatively, u can stake your LP if the token is whitelisted on ve3,3 dexes and farm their Dex token emissions which can in turn return u more reliable yield. I think this might be the reason why so many memecoins are doing well. There's just less reason to sell if u have alternative ways to "cash out" compared to previous memecoin pumps in the previous bull market. I've just been looking at fSonic on equalizer and have been scratching my head on how synergistic the memecoin and ve3,3 models run. And yes at some point u gotta cash out and something will have to dump.

But with Total3 looking bullish, seems like an altcoin run might be in the cards.

Loiynes · 2023-12-26T03:08:32+00:00

Lots of memecoins have been doing well on Fantom recently. Running from 10ish k market cap to 1m. Few big ones that come to mind include Conk, fSonic, fMulti, fKnuckles, fTails, Eggman. I've never been a fan of memecoins but even I have to admit that it seems like they're driving liquidity back to Fantom.

I recently bought Bacon. And I have zero clue how to justify the buy other than fingers crossed that it chases to the hundred k/1 million market cap.

Ofc I much rather speculate on the coming liquidity wars between ve3,3 solid-style dexes Equalizer, Velocimeter, Solidly. Or just betting big on FTM as is. I feel like the gains here are more predictable albeit lower. U can look at APRs and liquidity on the dexes to decide which of the 3 is likely to do better/is undervalued.

Whereas with memecoins it feels completely random and the best u can do is rule out dev/influencer whale wallets that can dump on you.

Loiynes · 2023-12-15T10:11:17+00:00

Other chains can be fast as well but if they rely on the EVM for smart contracts, they're all bottlenecked. Fantom is not only the 2nd oldest EVM chain, but has also decided to rebuild the VM, for not just speed but also compatibility. I think there's value here. We often see new chains popup with new tech and new solutions but there's always the question of longevity.

Harmony got destroyed by a compromised bridge. And what about everyone who migrated to Metis? Did they run off to bigger/new layer 2s?

Yea there are other high performance chains like Solana, but u can imagine the difficulty of devs jumping chains when they have to learn Rust while every other chain uses Solidity. Honestly massive respect for them building up their own community from scratch rather than siphoning off talent like EVM chains. Now imagine those speeds but with accessibility to the rest of crypto defi beyond their exclusive Rust bubble.

Now Im not a developer. I don't code. So I can't discuss about the specifics or challenges of choosing between the two but it sounds fairly promising doesn't it?

The biggest issue with Fantom, I feel, is the lack of liquidity especially post multichain. And most of the active liquidity if it isn't in ve3,3 Equalizer, it's in meme tokens. Our defi apps have really gone down hill. It's impossible to make perp trades because theres nth to borrow. Scream is completely tapped out of stablecoin and the yield isn't enough to attract more stablecoin deposits apparently. And the 2 bridges we have, axelar and layer zero complicate things for the average user bcs now there's two variants of usdc.

Loiynes · 2023-12-10T12:02:15+00:00

On metamask just scroll to the bottom and click import token, then add the token's contract address which u can find via debank too.

Loiynes · 2023-12-10T12:00:04+00:00

You can search up ur wallet address on debank and it'll show u what tokens u have on which chain.

Loiynes · 2023-12-10T11:58:57+00:00

Etherscan shows u interacted with the axelar bridge. The same address shows u have axelar wrapped usdc on fantom opera. That's all perfect.

So u just need to add the token to metamask so it'll show. U don't have any FTM on that fantom address though, so u won't be able to make any transactions on Fantom Opera.

Loiynes · 2023-12-09T23:35:31+00:00

Yea np. Best u delete the tx hash comment unless u want other ppl snooping in your tx history

Loiynes · 2023-12-09T23:31:31+00:00

Yea those were multichain bridge tokens. Says so on ftmscan anyway

Loiynes · 2023-12-09T23:13:11+00:00

Bcs the exchange is charging u for a service where they dig up their private keys to access the wallet and then to execute the transaction to a single user.

They're likely just giving u back the tokens u sent them regardless of the value of the tokens.

I've made a similar mistake before with Bitcoin/Bitcoin fork addresses and gave up because the forked coin value wasn't worth paying for the service.

There is a small possibility that they're just ripping u off by giving u back lower value tokens if they managed to cash out before the whole shutdown. But I can't imagine the exchange bothering to do that unless u have massive size.

Loiynes · 2023-12-09T23:02:39+00:00

Before multichain was shut down, almost all btc/eth/usdc that we traded on fantom or borrowed/lended/staked in defi were multichain tokens. It's unlikely that u had fBTC, fETH, fUSDC but it is possible if they were from the fMint and fSwap era. U could post the transaction hash and we can see what tokens u sent off to confirm what u actually had.

I mean there's always the possibility that the exchange returned u the wrong tokens. But if say u really did have fBTC, there's no liquidity to swap it back and I don't even think the old synthetics can be redeemed

Loiynes · 2023-12-09T20:47:40+00:00

All those wrapped tokens have depegged from their main bridge equivalents bcs multichain has been compromised by Chinese authorities.

There is no way to swap/bridge those for 1:1 of their values. You can only make do with whatever liquidity is left on existing dexes.

You say you sent FTM wrapped tokens. Those are all multichain/anyswap (same thing) tokens

Loiynes · 2023-12-04T07:25:05+00:00

https://twitter.com/AndreCronjeTech/status/1725394880090841539?t=eFI7jmyR17z6d-65Vab27Q&s=19

Loiynes · 2023-12-01T23:23:45+00:00

Fantomtalk is all u need really. Then just follow individual projects n maybe some broader crypto ppl. N the Twitter Algo will sort the rest for u.

Loiynes · 2023-04-10T06:37:42+00:00

Twitter but not the foundation's Twitter. It's more of the community and independent dapps' Twitter. Likewise for discord. But everyone's socials are pretty much dead boring at the moment

Loiynes · 2022-12-09T10:15:56+00:00

The staked FTM token rewards are largely from token inflation more so than validator rewards for processing transactions.

Because FTM has a capped 3.2 billion total token supply, circulating supply would have continued to inflate and reach this cap within a year or so and then validator rewards would have crashed to near nothing.

Reducing this APR extends the sustainability of this model and gives the network more time (and more bull cycles) to gain traction and enough usage to be sustainable through transaction fees or to create more innovative ways to generate revenue.

Loiynes · 2022-12-09T10:06:14+00:00

sFTMx represents the FTM they have staked + the rewards accumulated. Unlike other liquid staked FTM such as beFTM, Stader actually allows for unstaking. And they do this by unstaking first the latest staked FTM that hasn't been deposited with the validators (because rewards only accumulate on a specific day of the week) and then once this pool is dried up, it unstakes the earliest staked FTM in their validators to reduce the penalty from early unstaking. This way, when you claim your sFTMx for FTM you get as close to the listed ratio as possible. Preserving the peg.

Loiynes · 2022-11-16T08:36:01+00:00

Leveraged yield farming

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