Activity in the Pharos project
Exploring New Opportunities in the Pharos Project
It's not over yet.
Good evening! Today, I’d like to talk about the Fogo project. I think many of you have heard about it, but some people who once started have decided to drop it. I want to talk about why it still makes sense for those who began earlier to stay active. There are several reasons for that - and each one is important: 1) Expansion of new partnerships - the Fogo ecosystem continues to grow, creating new opportunities. 2) The new global quest related to the stones. In this event, right in the Discor...
Activity in the Pharos project
Exploring New Opportunities in the Pharos Project
It's not over yet.
Good evening! Today, I’d like to talk about the Fogo project. I think many of you have heard about it, but some people who once started have decided to drop it. I want to talk about why it still makes sense for those who began earlier to stay active. There are several reasons for that - and each one is important: 1) Expansion of new partnerships - the Fogo ecosystem continues to grow, creating new opportunities. 2) The new global quest related to the stones. In this event, right in the Discor...
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Subscribe to Fogo, it's not over yet
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Ethos is updating the system: now your wallet is being checked, too, friends! The Ethos team, which is responsible for the reputation system, recently published an important announcement on X. They are introducing a new stage of activity verification, and now they are looking not only at your Twitter account, but also at your crypto wallet. Yes, your wallet is now also in the game. Previously, points were awarded based on the age and activity of your Twitter account. Now, a wallet score has been added. If your wallet is new or you don't use it frequently, you may lose up to 25 points. However, active users can earn up to 45 additional points.
What will they check?
Ethos does not disclose the exact formulas that prevent trust fraud, but here is what we know:
1) How long has the wallet been created: the older, the better.
2) How many and what kind of transactions do you make: not just transfers, but something meaningful.
3) What networks do you work on: different blockchains have different weights.
4) Amounts and types of transactions: swaps, staking, minting NFTs, and so on.
Not only will wallets associated with the project be checked, but all wallets in general. The update will be added soon, as 98% have voted for this check.
What should you do if you're a beginner or your wallet hasn't been active for a while?
If you're new to crypto or your wallet has been dormant for a while, it's time to get it back on track. The sooner you start, the better. Here are some tips on how to boost your activity and which networks are likely to be prioritized. The networks you should use:
1) Ethereum Mainnet: It's a classic, but the fees can be high.
2) Base Mainnet: It's a popular network, and it's trending right now.
3) Arbitrum: fast and inexpensive, a great option.
4) Polygon: It's cheap and easy, perfect for beginners.
5) BNB Smart Chain (BEP-20)
How can I increase my wallet activity?
Here are some ways to make your wallet look alive. Just don't overdo it, or it might seem like you're trying too hard.
1) Bridges
Transfer tokens between networks, this is considered a good activity. Where to do it:
Relay, Uniswap, PancakeSwap, Jumper, Orbiter Finance, Owito: aggregators for bridges .
On Uniswap и PancakeSwap You can also add tokens to liquidity pools, which is a plus.
2) Swaps
Token exchange is the easiest way to show that your wallet is active. Platforms:
1. Ethena :you can also stake your tokens at the same time .
2. Fluid: there are swaps and landing pages.
3. LlamaSwap: swaps and adding liquidity
3) Staking
If you have ether, put it in staking. It's good for activity and gives you income. Platforms:
Stader, Veoda, Lido: everything is simple and tested.
4) NFT
Working with NFTs, buying, selling, minting, or storing them, also counts.
1. OpenSea: there are many collections, such as Sandbox, if you don't want to spend a lot .
2. Blur : more for traders, but there are also cheap tokens .
3. Layer3: mint cubes for about $0.30, including fees, suitable for beginners.
5) Additionally
Complete the verification on Galxe and crush their passport to gain reputation .
Make simple movements in the wallet: swap ETH for WETH, transfer tokens to yourself. But keep in mind that transactions with stablecoins are transfers from one stable currency to another stable currency (USDT, USDC) are less valuable.
Keep an eye on the fees
Fees in crypto can be tricky. On Ethereum, you can pay \$2-10 or more for a single swap. To save money, make transactions between 01:00 and 07:00 Moscow time, when the network is less congested and gas fees are lower.
Don't spam with transactions. It's better to spread out your activity over 1-2 weeks, making 4-5 transactions per day. This looks natural and doesn't raise any questions.
Trusted services
All the platforms I mentioned (Uniswap, OpenSea, Layer3, and others) are safe. If you're unsure about a link, you can use ChatGPT or another service to verify it.
Ethos is updating the system: now your wallet is being checked, too, friends! The Ethos team, which is responsible for the reputation system, recently published an important announcement on X. They are introducing a new stage of activity verification, and now they are looking not only at your Twitter account, but also at your crypto wallet. Yes, your wallet is now also in the game. Previously, points were awarded based on the age and activity of your Twitter account. Now, a wallet score has been added. If your wallet is new or you don't use it frequently, you may lose up to 25 points. However, active users can earn up to 45 additional points.
What will they check?
Ethos does not disclose the exact formulas that prevent trust fraud, but here is what we know:
1) How long has the wallet been created: the older, the better.
2) How many and what kind of transactions do you make: not just transfers, but something meaningful.
3) What networks do you work on: different blockchains have different weights.
4) Amounts and types of transactions: swaps, staking, minting NFTs, and so on.
Not only will wallets associated with the project be checked, but all wallets in general. The update will be added soon, as 98% have voted for this check.
What should you do if you're a beginner or your wallet hasn't been active for a while?
If you're new to crypto or your wallet has been dormant for a while, it's time to get it back on track. The sooner you start, the better. Here are some tips on how to boost your activity and which networks are likely to be prioritized. The networks you should use:
1) Ethereum Mainnet: It's a classic, but the fees can be high.
2) Base Mainnet: It's a popular network, and it's trending right now.
3) Arbitrum: fast and inexpensive, a great option.
4) Polygon: It's cheap and easy, perfect for beginners.
5) BNB Smart Chain (BEP-20)
How can I increase my wallet activity?
Here are some ways to make your wallet look alive. Just don't overdo it, or it might seem like you're trying too hard.
1) Bridges
Transfer tokens between networks, this is considered a good activity. Where to do it:
Relay, Uniswap, PancakeSwap, Jumper, Orbiter Finance, Owito: aggregators for bridges .
On Uniswap и PancakeSwap You can also add tokens to liquidity pools, which is a plus.
2) Swaps
Token exchange is the easiest way to show that your wallet is active. Platforms:
1. Ethena :you can also stake your tokens at the same time .
2. Fluid: there are swaps and landing pages.
3. LlamaSwap: swaps and adding liquidity
3) Staking
If you have ether, put it in staking. It's good for activity and gives you income. Platforms:
Stader, Veoda, Lido: everything is simple and tested.
4) NFT
Working with NFTs, buying, selling, minting, or storing them, also counts.
1. OpenSea: there are many collections, such as Sandbox, if you don't want to spend a lot .
2. Blur : more for traders, but there are also cheap tokens .
3. Layer3: mint cubes for about $0.30, including fees, suitable for beginners.
5) Additionally
Complete the verification on Galxe and crush their passport to gain reputation .
Make simple movements in the wallet: swap ETH for WETH, transfer tokens to yourself. But keep in mind that transactions with stablecoins are transfers from one stable currency to another stable currency (USDT, USDC) are less valuable.
Keep an eye on the fees
Fees in crypto can be tricky. On Ethereum, you can pay \$2-10 or more for a single swap. To save money, make transactions between 01:00 and 07:00 Moscow time, when the network is less congested and gas fees are lower.
Don't spam with transactions. It's better to spread out your activity over 1-2 weeks, making 4-5 transactions per day. This looks natural and doesn't raise any questions.
Trusted services
All the platforms I mentioned (Uniswap, OpenSea, Layer3, and others) are safe. If you're unsure about a link, you can use ChatGPT or another service to verify it.
Fogo, it's not over yet
Fogo, it's not over yet
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