#ETH reviewing some alternative bull possibilities (instead of directly taking off here), I feel I might need to deleverage a bit for a potential revisit of 3000s.
#DYDX still following this plan. what I don't quite like is that it shouldn't pull back that deep. it would be great if it can rest in purple area to recharge.
48 hours left to collect the Genesis Post!
It's the only @bonsai post not collectable with $BONSAI ☝️
Collecting with $BONSAI on @bloomerstv 📹 !
Make your own streams collectable or contribute to other channels - with @bonsai !
Collecting this post: 100 $BONSAI - 30 days - 100% to mirrors
Tips: go to @bloomerstv 🤝
Welcome to this brief explanatory video about the DN-404 functionality of BONSAI.
(00:00:00 - Welcome)
(00:00:08 - What is DN-404? )
(00:00:48 - Example)
(00:02:08 - Outro)
So what exactly is DN-404?
It represents an experimental feature where an ERC20-Token-Contract and an ERC-721-NFT Contract are interconnected. This allows for seamless interaction between the two. In the case of BONSAI, 100,000 $BONSAI Tokens are equivalent to 1 NFT.
This means that once you have more than 100,000 BONSAI Tokens in your wallet, you automatically also have 1 NFT in your wallet. If your balance drops below 100,000, you lose the NFT. If you wish to transfer 100,000 BONSAI Tokens, you could simply transfer the NFT instead.
Example:
- Markus possesses 490,000 BONSAI, therefore also 4 NFTs.
- Nate holds 2,800 BONSAI, so he owns 0 NFT.
- Markus transfers 40,000 BONSAI to Nate. Markus now has 450,000 BONSAI and still owns 4 NFTs, while Nate has 42,800 BONSAI but still 0 NFTs.
- Markus then transfers an additional 70,000 BONSAI to Nate. Markus is left with 380,000 BONSAI and 3 NFTs, whereas Nate now has 112,800 BONSAI and 1 NFT.
- Markus decides to transfer 1 NFT to Nate. Post-transfer, Markus has 280,000 BONSAI and 2 NFTs, while Nate has now 212,800 BONSAI and therefore also 2 NFTs.
- Carlos shows up with zero BONSAI. Markus gifts him 125,000 BONSAI, and Nate sends 2 NFTs.
- Following these transactions, Markus has 155,000 BONSAI and 1 NFT. Nate is left with 12,800 BONSAI and no NFTs. Carlos now enjoys 325,000 BONSAI and 3 NFTs.
Website: bonsai.meme/
Bonsai on Lens: lenscan.io/profile/bonsai
ERC-20 Token Contract: polygonscan.com/token/0x3d2bD0e15829AA5C362a4144FdF4A1112fa29B5c
ERC-721 NFT Contract: polygonscan.com/token/0xe9d2fa815b95a9d087862a09079549f351dab9bd
NFT Collection on Opensea: opensea.io/collection/bonsai-token
Get BONSAI via Uniswap: app.uniswap.org/explore/tokens/polygon/0x3d2bd0e15829aa5c362a4144fdf4a1112fa29b5c?chain=polygon
Not on Lens yet?
Onboard now via lens.xyz
Audio licensed via artlist.io
"Quiet Rain by Adi Goldstein"
"Rain Drops Falling SFX"
(license nr. "lQssfZ" aquired by seliqui e.U.)
Pro Tip: Head over to lenscan.io and check your Quality Score!
The 'Machine Learning Quality Score' from the Lens Public BigQuery dataset ranges from 0-9999. Ours is at 9990 currently: lenscan.io/profile/bonsai
Tips are active on this post and go to lenscan developer @daoleno ✌️