Profile of nice2win in Optimism
Posts by nice2win
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Oct. 2, 2022, 6:22 a.m.
Content: Messed around with Dune Analytics today, go take a look :slight_smile: Dune Analytics: https://dune.com/nice 2 win/nice 2 win-web 3 -casino 9
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 30, 2022, 8:16 p.m.
Content: @jrocki.bedrock Thanks for the link! @jackanorak Tell me this, actually - have you modeled out your expected bankroll growth given different use scenarios (imagine there’s a house edge or some rev generation)? There might be some very interesting possibilities here. The house edge already being 1 %, the current plan is to grow the bankroll aggressively, taking no profits, until the bankroll is solid enough to fulfill more type of bets. For example, in the current ETH pool, 100 ETH sounds achievable within the next year if we manage to take off. We don’t have any type of models yet but we are working on some Dune queries to give us some more insight on growth and analytics. Using OP for a bankroll is kind of tough because the idea is that it’s evergreen and grow Not only that, but you can’t pay gas with OP. For a simple user experience, ETH makes more sense as our primary crypto of choice to bet with because if you’re going to play 100 games per day, you’ll be charged on the same currency AND you’ll be managing your gas spending implicitly. On top of that, OP is likely to be more volatile than ETH in the next years which adds more risk to “simple” users swapping for a set crypto amount to play within let’s say a month, then recharge if needed. The best thing to do would ofc be to facilitate OP use for the app itself but idk what sort of dev lift that would entail. I’m not sure I understand the statement fully, however, if you’re talking about betting with OP strictly or any other crypto, it is definitely on the roadmap and is definitely achievable.
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 28, 2022, 9:47 p.m.
Content: Going back to the OP Bankroll question that we asked above, we have noticed QiDao offers an OP collateral vault: QiDao. This vault basically lets you deposit OP that you can draw MAI from if you stay above 150 % collateral ratio. Would the council agree for nice 2 win to lock the “bankroll section” of granted OP in this vault to draw MAI then swap it to ETH to add to our current existing ETH bankroll? Of course, we would do so with a very high Collateral to Debt Ratio % to avoid any risk of liquidation. This seems like a neat idea to us because it would avoid us from selling the OP and would promote ecosystem usage between projects.
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 24, 2022, 12:56 a.m.
Content: @Bobbay_StableLab Thanks for the input! For the 75 k OP bankroll part, we originally viewed it as “match our current funds” type of deal since we are nearing 50 ETH. I totally think we can learn a lot from this past cycle for sure, including reducing the grant size and reworking the distribution.
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 22, 2022, 7:51 p.m.
Content: I went ahead and changed it back to Draft and added the “not-passed” flair. We’ll give you news soon and update the original post with our advancements when ready.
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 21, 2022, 8:40 p.m.
Content: @jrocki.bedrock Yes, let’s see for now if we do get the two delegates. If we don’t, we will definitely be interested to submit again with more momentum on our side in the future!
Likes: 2
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 21, 2022, 4:40 p.m.
Content: @Jrocki
Yes, let’s see for now if we do get the two delegates. If we don’t, we will definitely be interested to submit again with more momentum on our side in the future!
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 20, 2022, 6:24 p.m.
Content: Definitely leaning more to make an OP Bankroll on Optimism as of now btw! Unless I can’t read fine prints, I think it’s the only choice!
Likes: 1
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 20, 2022, 6:16 p.m.
Content: @Butterbum Thank you!
Likes: 1
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[DRAFT] [GF: Phase 1] nice2win
by nice2win - No Role
Posted on: Sept. 20, 2022, 2:24 p.m.
Content: Definitely leaning more to make an OP Bankroll on Optimism as of now btw! Unless I can’t read fine prints, I think it’s the only choice!
Likes: 1
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