Blind dev
Незрячий программист и сторонник web3. Знаю JS и PHP. Пишу обзоры интересных мне web3 проектов по специальной методике.
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Comparison of the tokenomics of two stablecoin blockchains: Plasma and XPL. Which is better?
For analytics, I will use the following sources:
[Документацию Stable](undefined).
[Доки Plasma](undefined).
At first, I thought to write about $STABLE, but after seeing the price drop by more than 65% and the market cap around 100 million, I realized: there is no point in considering it separately.
Let's start with the initial distribution.
For $XPL it is 10 billion, for $STABLE - 100 billion tokens.
[Документацию Stable](undefined).
[Доки Plasma](undefined).
At first, I thought to write about $STABLE, but after seeing the price drop by more than 65% and the market cap around 100 million, I realized: there is no point in considering it separately.
Let's start with the initial distribution.
For $XPL it is 10 billion, for $STABLE - 100 billion tokens.
Succinct (PROVE): how good is the tokenomics?
The project seemed technically interesting: a lightweight Ethereum client on ZKP, ZK solutions for optimistic rollups. Their network creates ZKP for blockchain applications, they received significant support, so success seemed likely.
What was disappointing was the other aspect: 80% of tokens are locked, and in August 2026, 23.3% of the supply will be released (119.7% of market cap). Until then, the risk is lower (unless we consider possible OTC sales), but such unlocks are unpleasant.
The distribution is also weak:
• Public & Incentives - 25%. At TGE 15%, the rest after a year, then every 6 months for 3 years.
• Contributors - 29.5%. Essentially for the team, which is a lot (>10%). Vesting: cliff 1 year, then every 6 months for 4 years.
• Foundation - 10%. Essentially for the team for development. Together it gives about 39% - a lot.
• Ecosystem & R&D - 25%. Everything is locked, unclear who they will distribute to. At TGE nothing was given.
• Investors - 10.5%. Normal, but the unlock every 6 months for 4 years creates pressure. In Tokenomist it is stated “Seed & Series A”, it is possible that these are not all investors, and others will be distributed from the team’s share.
In summary: the prospects are unclear. It is uncertain whether the project will ensure demand for the asset. The price may not recover and continue to fall. I will not buy.
P.S. Did not receive the drop. Thank you for your attention.
The project seemed technically interesting: a lightweight Ethereum client on ZKP, ZK solutions for optimistic rollups. Their network creates ZKP for blockchain applications, they received significant support, so success seemed likely.
What was disappointing was the other aspect: 80% of tokens are locked, and in August 2026, 23.3% of the supply will be released (119.7% of market cap). Until then, the risk is lower (unless we consider possible OTC sales), but such unlocks are unpleasant.
The distribution is also weak:
• Public & Incentives - 25%. At TGE 15%, the rest after a year, then every 6 months for 3 years.
• Contributors - 29.5%. Essentially for the team, which is a lot (>10%). Vesting: cliff 1 year, then every 6 months for 4 years.
• Foundation - 10%. Essentially for the team for development. Together it gives about 39% - a lot.
• Ecosystem & R&D - 25%. Everything is locked, unclear who they will distribute to. At TGE nothing was given.
• Investors - 10.5%. Normal, but the unlock every 6 months for 4 years creates pressure. In Tokenomist it is stated “Seed & Series A”, it is possible that these are not all investors, and others will be distributed from the team’s share.
In summary: the prospects are unclear. It is uncertain whether the project will ensure demand for the asset. The price may not recover and continue to fall. I will not buy.
P.S. Did not receive the drop. Thank you for your attention.
Today there will be a sale in Coinlist for the token $IMU. The project itself is great! But how good is its tokenomics?
Important: I will not participate, as I do not have a Coinlist account.
Below is the analysis of tokenomics quality.
Immunefi publishes bug bounty programs for various projects, and white hat hackers and developers can find vulnerabilities/errors, report them, and receive rewards.
I have seen links to pages with information there many times during the 4K+ analysis.
Below is the analysis of tokenomics quality.
Immunefi publishes bug bounty programs for various projects, and white hat hackers and developers can find vulnerabilities/errors, report them, and receive rewards.
I have seen links to pages with information there many times during the 4K+ analysis.
Prospects of $ASTER from the perspective of tokenomics.
If someone suddenly doesn't know - this is a spot and perp dex supported by Binance.
Sources of tokenomics - Tokenomist and Cryptorank.
Initial distribution:
Airdrop - 40.7% according to Cryptorank and 53.5% according to Tokenomist.
What's the difference? Cryptorank highlighted Initial Airdrops of 12.8% separately, which are fully unlocked at TGE.
Description from Tokenomist:
Incentives for traders, community developers, and key stakeholders of the ecosystem. 704 million were released at TGE, followed by a linear release over 80 months.
Sources of tokenomics - Tokenomist and Cryptorank.
Initial distribution:
Airdrop - 40.7% according to Cryptorank and 53.5% according to Tokenomist.
What's the difference? Cryptorank highlighted Initial Airdrops of 12.8% separately, which are fully unlocked at TGE.
Description from Tokenomist:
Incentives for traders, community developers, and key stakeholders of the ecosystem. 704 million were released at TGE, followed by a linear release over 80 months.
#MyFirstSquarePost Glad to be on Binance Square!
My name is Denis. I am a blind programmer.
I have practically not seen since birth: the optic nerve is damaged, so I use a screen access program to read events in the OS and texts: I do not see images (I can only recognize them with bots and browsers).
In crypto since 2017, but active in#DeFisince 2021.
Currently I am developing Telegram bots (mostly in Javascript, and less often in PHP) and Backend applications.
My Github: https://github.com/denis-skripnik
I also write reviews on#Web3projects that interest me.
For example, from the latest:
#Karak, #Ora, #glacier, #Grass,#LRTprojects (#renzo, #Zircuit, #puffer, #swell),#Eesee($ESE) and others...
I’m not talking about the course, because I think forecasts are a strange thing, because it’s difficult to predict: only about the projects themselves using the 4K method (team, concept, coin and code + documentation + practice).
Rating on a five-point scale for each category, summing them up and explaining them.
Here I will publish brief information and results of analysis of projects using the 4K+ methodology.
More about me (how I read, move, use a computer, etc.): https://t.me/blind_dev/2
Blog with reviews: https://teletype.in/@blind_dev
Subscribe to my Telegram channel: https://t.me/blind_dev - I will be glad.
My name is Denis. I am a blind programmer.
I have practically not seen since birth: the optic nerve is damaged, so I use a screen access program to read events in the OS and texts: I do not see images (I can only recognize them with bots and browsers).
In crypto since 2017, but active in#DeFisince 2021.
Currently I am developing Telegram bots (mostly in Javascript, and less often in PHP) and Backend applications.
My Github: https://github.com/denis-skripnik
I also write reviews on#Web3projects that interest me.
For example, from the latest:
#Karak, #Ora, #glacier, #Grass,#LRTprojects (#renzo, #Zircuit, #puffer, #swell),#Eesee($ESE) and others...
I’m not talking about the course, because I think forecasts are a strange thing, because it’s difficult to predict: only about the projects themselves using the 4K method (team, concept, coin and code + documentation + practice).
Rating on a five-point scale for each category, summing them up and explaining them.
Here I will publish brief information and results of analysis of projects using the 4K+ methodology.
More about me (how I read, move, use a computer, etc.): https://t.me/blind_dev/2
Blog with reviews: https://teletype.in/@blind_dev
Subscribe to my Telegram channel: https://t.me/blind_dev - I will be glad.
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