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February 14

Cards, money and two penguins Abstract mainnet.

Site | Discord | X


Even before it was released to the mainnet, Abstract was getting a ton of hype, especially after the recent $PENGU token drop. That didn't just get by their NFT holders, but also a bunch of other Solana-chain users.

It's not about some unique technologies that make your transactions faster by 0.0...1 second, although they are also claimed here. The whole point is that the main goal of the project is mass adoption, which makes sense, since Igloo has its own successful web2 business selling toys.

It's like the vibe of Blast, but on a bigger scale, and a bunch of names are on Twitter. The founder used to work at ZkSync.

Abstract Incentives

The points program was already a thing even before the network was released to the mainnet. The whole point of it, like with all these kinds of campaigns, is to get new users and encourage developers, content creators, and so on.

The points system is pretty straightforward. Points are distributed every Tuesday for the previous week's activity on the network. You can earn XP by interacting with the Abstract-chain and using ecosystem apps. You can also earn rewards for content creation and app development.

Full post about Abstract Incentives - https://x.com/AbstractChain/status/1880035786772607487

Key Activities.

  • abs.xyz - create an account and transfer funds there via Stargate or Jumper.
  • abs.xyz/rewards - in the "Rewards" tab, go ahead and grab all the badges you can get. Here's the full list for now:
    • Bridge funds.
    • Connect X.
    • Connect Discord.
    • abs.xyz/trade - swap.
    • abs.xyz/discover - upvote project.
    • The Sock Master - for absocks (~44$ → 2000$) holders.
    • You're So Early - for ppl who entered mail in wl on the main page before mainnet was started.
    • OKX - when OKX Wallet is integrated into dApps, it will be a badge for connecting it.
    • Giga Chad/Elite Chad/Graduated Chad - Discord role for partners and active users. Each role is rewarded with a badge + XP boost.
    • Pudgy Penguins Holder/Lil Pudgy Holder/Pengu Holder - roles in Discord for holding NFT and coins. Also give boosts to XP earnings. In addition to the main badges, there are also Flash badges regularly appearing in this tab for a limited time, so check back sometimes to see if something new has appeared.
    • abs.xyz/discover - this is where we go to reach the peaks beyond the badges.

More dApps

Right now, there aren't a lot of apps, and most of them are games. So, everyone's just follows his or her own opinion and feelings.

I'm pretty sure the most XP can be gained by using the apps that got the most upvotes, but I can't say for sure yet. For now, I'll just write a bit about some of the apps that interested me personally.

  • Reservoir Swap - this is not only activity in the chain, but also a way to have additional earnings from other people's commissions. There should be a good APR, especially since the metrics are growing gradually. And in general I like pools as a kind of tool.
  • Vibes - It's a Hearthstone-type game, but set in the world of penguins, with its own unique mechanics. It seemed like it could be an enjoyable way to spend your free time.
  • abs.xyz/trade - I think classic on-chain activity and volumes are still going strong. I do swap something here sometimes.
  • Moonshot - meme trading on Abstraсt and coincidentally the most popular app.
  • Magic Eden - buy a couple of NFTs from the cheaper collections.
  • Multiplier - just don't go overboard, or it could end up costing you.
  • Penguin Life - just a pretty good free2play game with a lot of upvotes.
Chain is being built by a team with a lot of experience and all the resources needed to make a good product, and there aren't a lot of users right now. It could turn out to be a really interesting story. I generally don't talk about upcoming life changes, but this project definitely deserves attention.