Hello, team. It has been quite some time since my previous post “Patience is over”, but it remains entirely relevant.
I would like to describe the current situation. The sybil communities are satisfied, only a minor amount of farmers’ accounts did not receive LAM coefficients.
I did not specifically search for the wallets in my example below, I just randomly chose the wallets interacted with the contract 0xE158CaCCe6f5713f5739A7d7AF0dB60116187687 in several neighboring batches, so that these wallets would include LAM-tiers *16.., *24…, *31…, where the main core of sibyl accounts is concentrated.
The result was quite predictable; the estimated distribution according to the formula indicates a slightly progressive (nearly linear) increase in token allocation, with small threshold levels, depending on the LAM-tiers. This is exactly what the “farmers” dreamed of, and it only means that the sibilants have won. It doesn’t matter that their allocations are 5-10 times smaller than those of real people (>4000LXP), because their costs are a HUNDRED times lower (details below), with full automation of the entire routine in a short period of time, without years of involvement in the project. As a result, their numerous wallets will bring them profits many times greater than those of real users, even with a reducing multiplier.
Please note the following. I did not choose these wallets specifically; most of these wallets in the “suspicious” ranges will be similar. You can check the total balances of these or any other wallets, the dates of the last transactions, etc. These are mostly dead, empty wallets with a very short lifespan and no liquidity, where there is not a single owner of the minced Alpha-voyage NFT (the only NFT among ALL activities and companies that is not automated by scripts), and in general, there is only one owner of a lesser-ranked NFT, i.e., all these related wallets did not pass any testnet companies at all. I am not suggesting that we completely exclude fraudsters, I am just reminding you that at the moment they are the main beneficiaries and recipients of the main token allocation according to the LXP distribution ranges and the corresponding amount of wallets in these ranges.
0xB80C9544221bDe40225a836e7140dA82eB1B673a *1640892872 LAM 1825LXP 2994 tokens
0xcFE0Bdf519D989d5D5Fbc906E1299A272b0Bf907 *1640408233 LAM 1961LXP 3216 tokens
0x8584dFB1083a59530660AF098EAc009f3EF82Bc4 *1640484283 LAM 2140LXP 3510 tokens
0x4A0a47aAdC42c584039606FAc9E9623c1Aa31628 *2460789995 LAM 3519LXP 8659 tokens
0xA4e2c12A3AC1E9B115B888638Fbe21E7F02563C5 *2461052284 LAM 2746LXP 6758 tokens
0x3ff1f4d93bd77090c5ec4f6468f8880082c784ec *3131692214 LAM 3691LXP 11559 tokens
0x6A02B50A985941e7891A5E798dF92314D3D17721 *3131833632 LAM 3704LXP 11603 tokens
0x09dd098CD5Bc216dCcd94FB24f5470b9b421A965 *4474048046 LAM 4035LXP 18052 tokens
As a common practice, the actual activity of farming wallets finishes within the range of 200-500 days (+/-), after which, after some time, the balances are withdrawn through bridges, leaving a symbolic amount on the balances of farming wallets.
And now for the most interesting part - the math of costs.
Sybil Market evaluates the value of LXP in a very linear manner, in accordance with, Whalesmarket, for example, currently at $0.05-0.1 per LXP, given that farmers have an approx cost price ~$0.001/LXP (based on post-Dencun costs, or even less with some cheap Voyage NFT’s purchased).
All this happened exclusively by the scripts operation, in which private wallet keys are mass loaded, timings of randomization of actions are set, KYC is bought through specialized telegram groups for $5-6 in bulk at once. Thus everything happened easily and one-click-automated, the cost of gas expenses is $1.5-3/each, the total cost of the account is no more than $10, the expected sybil profit according to market expectations from x15-x30 of the investment in the worst case scenario, and several times more with good market sentiment and a successful phase of the bull market and positive news from the Consensus and Linea itself.
What will happen to the tokens? With the help of scripts, all of these tokens will hit by market orders in the first seconds of trading. Every single token. At 150-250 dollars (and up) from each wallet, the total profit value of the big farms will be significant, so the values are more than good for farmers.
Now about the actual live real participants math.
Doing all activities from the beginning, Infura keys, and then the non-automated testnet Voyage (I haven’t heard about scripts for Alpha NFT farming from anyone). For example, my LXP range gas fee costs is ~$450, which is 7 cents a point (аctually 9.6, comparing without bonus for minted Voyage Alpha-NFT LXP), which means 70-100 times more expensive price per point for real user like me. Expensive is the reason of no mass abuse and actual concentration of sybil wallets in ~1500-3000 zone (up to 4000 and even more, to be honest, because someone bought NFT in addition instead mint).
The point is reasonable - during distribution according tiers sybil wallets will be valued at $0.005 per point for example (up to 5 times gas fee compensation), whereas the valuation of real people’s points with liquidity lxp-l, NFTs and early activity deservedly could be even $1 per lxp. That’s the power of multipliers and the opportunity to earn the reputation of the community by dropping scammers and reducing their market impact.
Sybils place a lot of “junk” wallets on OTC with range up to 2000LXP, focusing primarily on the 2500-3500, keeping it for themselves and lobbying for 1500 the entire current year in order to guarantee the safety of the “main assets”.
The team still has time to correct the level of impact of the coefficients on rewards, making the rate as progressive and fairly non-linear as possible for the LXP sibyl range according to a detailed set of clarifying metrics from my first article. Don’t listen to the cries of numerous talented actors (sybils) on Discord, Twitter, and here, impersonating real users and saying that all sybils have already been identified. That’s very far from the truth but you are moving in the right direction. I am completely confident in what I have said above, I know their inner workings very well. Please listen while you still have time not to ruin your own TGE, as many projects have “successfully” done.
