/r/ethtrader
r/EthTrader is a community-driven subreddit where users can discuss all things Ethereum, general cryptocurrency updates, and the macroeconomic factors impacting the market.
Welcome to /r/EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology.
Welcome to /r/EthTrader, a 100% community driven sub which complements the official Ethereum sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology.
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/r/ethtrader
What a-drops are coming soon in Q4? In this post, I will share the major projects that are launching soon!
Whatās good EthTrader farmers,
Post is as per title, and I will be sharing which are coming in Q4 - and I previously have made guides for most of them. So letās get into it!
What you can do before snapshot: Mint Scroll badges on Scroll canvass. Good to do if youāve already been farming Scroll previously. But if you have not donāt bother starting.
What you can do before snapshot: Continue adding liquidity on LINEA to their LXP-L campaign
What you can do before snapshot - Continue max minting cheap NFTs, just search āZoraā on EthTrader I have a Zora page for EthTrader NFTs lol
These are the main ones to look out for that are coming soon.
Did you get into any of them? I have created guides on all 4 of these projects at one point, hope you didnāt fade !
Problem: Some users earn as much as 40k donuts per round which is too much for a user. If a few top users decide to sell their donuts every round this may impact donuts price and future very negatively. This give s a few top users too much power. People out of top 20 do not earn that much because big portion of the cake goes to top few users. If we limit their top earnings we can increase the donuts earned by users that are not in the top 20. This would be more logical and more fair. Problems that this rule may cause: Users may start using their alt accounts once they sense that they reached the maximum donut cap. At this point we need more strict regulations against alt account users. We can prevent this by banning alt account users. Solution: Limit the top donuts a user can earn per round to 15k donuts. If we limit the amount of donuts that top few users get we may have more fair distribution. Top few users literally spend their whole day on this sub. Most of the users do not have that much free time. We need a more fair donut distribution. Choices: [YES] [NO] [ABSTAIN] Let me know what you guys think about this.
Problem:
Since the topic limiter was implemented without a governance proposal, I suggest putting it on hold.
If we were to grow in members again, the limiter would also have to be adjusted again and again. The limiter is another thing that makes posting difficulter. There are many important news that canĀ“t be posted due the limits. Today I saw a post about Vitalik Buterin that was deleted, topic limiter said 2/2 influencer.
This can happen multiple times a day and many people are frustrated due deleted posts due the limit, I fear a further slowdown in activity. Also when people are new in the sub and there first post got deleted.
Proposal:
Advantage:
Disadvantage:
Conclusion:
ItĀ“s better to live free and can post what you want, then feel like a prisoner and being limited due different topics.
LetĀ“s make things easier also for newcomer and promote to grow again. LetĀ“s make r/ethtrader great again.
IĀ“m sorry to put 2 things together in 1 proposal, but I canĀ“t manage to write over 200 words for each Proposal.
The choices:
[YES]
[ABSTAIN]
[NO]
Staking is the cornerstone for Network security in proof of stake (pos) and 32 ETH requirement for becoming a validator remain a stumbling block to many potential participants in Eth staking. The recent tweet by Vitalik shows lowering this requirement is among the āpossible future of the Ethereum Protocolā. Whether this will increase participation can be measured with Puffer Finance innovative approach to lowering Eth staking to 1 eth also, the anti-slashing technology makes it more unique. This technology helps prevent slashing, thereby reducing risks for validators and contributing to the overall security of the Ethereum network.
Some reports claim Puffer finance innovation has increased Eth staking due to the amount staked during the project just concluded testnet phase. Though the project native token is listing today and participant in the testnet have start claiming their token to various exchanges like Bitget, Bybit etc have open deposit for the token.
Furthermore, Dencan upgrade has enhance the scalability of Ethereum through improvements for Layer 2 solutions, reducing transaction fees, and marking the beginning of "The Surge" in Ethereum's roadmap which gave birth to innovative projects like By EigenLayer. The introduction of restaking by eigenlayer to Eth was ground breaking and has increase participation in staking but will puffer finance further drive it?
Good day legends! š¤©
Yesterday ETH traded in a range of $2436-$2484 and ended the day at -0.32%.
Thereās no data today, but there was a sudden pump in crypto markets and market participants have been looking around to find the catalyst. Many theories are out there including the high Trump odds on polymarket and other prediction sites, the fact that Kamala Harris is also sounding more crypto positive, the delay of Mt Gox repayment deadline to 2025 or just generally seasonal factors that predict crypto strength in the later part of October, the so called Uptober effect.
Looking at the market moves, it seems the price of a crypto token that shall not be named is outperforming ETH, with the ETH/you-know-what ratio moving lower slightly today. This gives me the impression that it is the Mt Gox news that is driving this move higher.
There is no significant data or events today, and it is a New York holiday. In fact the first three days of the week are pretty much empty with the next key event being the European Central Bank monetary policy meeting and the US Retail Sales data on Thursday.
The European Central Bank is expected to cut rates in order to prevent a slowdown in the Euro Area economies, but more importantly will be the forward guidance given by European Central Bank President Lagarde on the trajectory of interest rates in the next few months as well as the outlook for inflation.
Meanwhile US Retail Sales will be closely watched to gauge how well the US consumer is holding up, with a higher figure increasing the probability of a soft landing in the US economy.
Today ETH opened at $2468 and was last traded at $2539 at 10:30 UTC (+2.88%).
Happy trading Ethtraders! š š š
At this time doing this post Donut price is $0.005607 +8.4% (last week: $0.005491 +3%)
The trading volume is $964.76
IĀ“m not posting for Gnosis-chain (Honeyswap) anymore because this chain is outdated, thereĀ“s no volume all the time and the site is sometimes loading or down. However, there are still 11,747 addresses, minus 1 address since last week on the gnosis chain.
Donut addresses and transfers according to arbiscan:
Donut addresses and transfers ccording to etherscan:
Donut chart: https://www.coingecko.com/en/coins/donut
7 days ago we had 1444 addresses on Arbitrum One. Now we are at 1487 addresses. ThatĀ“s a plus of 43 address on Arbitrum One chain. Transfers have increased by 474.
7 days ago we had 5857 addresses on Ethereum mainnet. Now we are at 5855 addresses, thatĀ“s a minus of 2 address. Transfers have increased by 40.
Addresses are rising on Arbitrum One and a good amount of transfers. On Ethereum mainnet we lost a few addresses, but thatĀ“s often the case before Donut distribution.
We are always seeing about 50 new addresses on Arbitrum One after a distribution. A mix of people who sold till 0 Donuts and receive new due distribution and new members who receive their first Donuts.
Donut has a bright future ahead of it =)
Also a special thanks to all liquidity providers and our developers who bring this project forward.
Data from about 7 days ago: