FBC Update Dec 2022

Fearless Bulls Club
7 min readDec 6, 2022

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The FBC treasury holds Solana NFTs, SPL Tokens & SOL.

We remain Fearless, and Bullish by default on Solana NFTs.
Our focus is on steadily increasing the value of the FBC treasury, for the benefit of FBC holders with a mid-long term outlook, based on the view that value will accrue over time, and that Solana is here to stay.

As our liquidity grows we will be looking for new pre-sale and mint opportunities and to increase holdings in areas where the FBC community agree there is the most growth potential.

We appreciate the patience this requires, so do our best to give back immediate value to where possible, while compounding portfolio growth back into the treasury, for example with the PFP mint, raffles, auctions, games & Toy Machine prizes. In the latest period we’ve been able to give some great NFT’s back to the community via the Toy Machine in exchange for $vBLSH earned from staking, while the total SOL value in the NFT portfolio has increased since the November update. 📈

— Gaming & Metaverse + 16.6%
— Utility & Defi + 3.1%
— Community & PFP + 5.5%
— Total +5.6% Based on Top 75 rarity adjusted NFT holdings
Data Source: Hyperspace

NFTs returned to holders via Toy Machine to date in exchange for $vBLSH include: Yaku, Xin Dragons Gen1 & Gen2, Meta Drago, Poverty Boys, ABC, Devil Kidz, Critters Cult, Degen Fat Cats, Infected Mob, Gaming Gods, FBC, Art of Mob, Rakkudos, Monkai, Smart Sea Society, Astrals, GM’ers, Primates, Infected Bears, Battle For Nippon.

SPL tokens returned include $DUST, $FORGE & $PUFF
$vBLSH inserted into Bullish Toy Machine to date: 6,792,739

Trading has been limited in the latest period. We added a few items and sold a few items, but the focus has been on harvesting staking emissions, and on low-risk Lending Arbitrage. Leveraging NFT holdings to earn yield against 0% interest loans from Frakt.

NFT buys for this period include:
Droid Capital, Jelly Rascals, Bare Market, Infected Mob.
NFT sales for this period include:
Reptilian Renegade, Meta Drago, Naked Meerkat

Protocol exposure currently sits with NFT staking platforms & Defi protocols, specifically Frakt & Larix.
FBC has zero exposure to any centralized exchange.

Trades & NFT holdings are visible via the FBC NFT wallet here
(This doesn’t display NFT’s in Escrow Staking)

Current top 75 project holdings, including staked NFTs:

Gaming / Metaverse
10 x Yaku Capsule X — 52 SOL (Staked) ⬆️
10 x Yaku Engineering ONI-S01– 49 SOL (Staked) ⬆️
1x Yaku Divine Mansion — 159 SOL (Staked) ⬆️
1 x Yaku X (Sith) — 7 SOL (Staked) ⬆️

Yaku X — Legendary Sith Skin (Moonrank Rank 122 / 7,000)

1 x Portals Ivory — 26.6 SOL ⬆️
1 x Solsteads Surreal Estate (Staked) — 14 SOL ⬆️
5 x BFN Lucky Shogun — 20 SOL ⬆️
1 x The Suites (Owners) — 399 SOL ➡️
3 x The Suites (Executive) — 84 SOL ️➡️
6 x The Suites (Club) — 30 SOL ➡️
9 x STEPN — 18 SOL ➡️
1 x Jelly Rascals — 62 SOL 🆕

Jelly Rascals (new to FBC!)

Sub-total = 920.60 SOL (+16.6% since last update 11/17/22)

Utility & Defi

8 x Xin Dragons — 117.52 SOL (Staked) ➡️
25 x Xin Dragons Gen 2–105 SOL (Staked) ️➡️
1 x Smyths by Blocksmith Labs — 80 SOL (Staked) ⬆️
1 x Lifinity Flare — 14 SOL (Staked) ️️️⬆️
6 x Genesis Honey Bees — 15 SOL (Staked) ➡️
2 x Famous Fox Federation — 108 SOL (Staked) ⬆️

Famous Fox Federation 📈
Utilty from 100 Gnomies = 0% Borrowing facility with Frakt

100 x Pawnshop Gnomies — 1,000 SOL ⬆️
1 x Shadowy Supercoder DAO — 20.75 SOL (Staked) ⬇️
1 x SOL Decoders — 5.8 SOL ⬆️
2 x Basis Markets — 16 SOL ➡️
5 x Dark Terminal Nyx — 15 SOL (Staked) ➡️
75 x Sea Shanties Citizens — 87.75 SOL (Staked) ➡️
4 x Sea Shanties Pets — 16.92 SOL (Staked) ➡️
4 x Sea Shanties — 7.8 SOL (Staked) ⬇️
10 x OG Magic Tickets — 69 SOL ⬆️
1 x Node Monkey Lifetime — 75 SOL ️️⬆️
5 x Very Tech Founders Passes — 25 SOL ️️⬆️
1 x Urban AIO Pass — 6.7 SOL ️➡️
4 x Quantum Traders — 10 SOL (staked) ➡️
1 x Netrunner — 4.95 SOL ⬆️
️10 x Bot Head — 48 SOL ➡️

Bot Head (Project recently acquired by Ubik)

Sub-total = 1,801.79 SOL (+3.1% since last update 11/17/22)

PFP / Community
3 x Solana Monkey Business — 726 SOL ⬆️

3 x Solana Monkey Business

1 x Degods (Winged Helmet) 400 SOL ️⬆️
1 x Degenerate Drop Bear (Zombie) — 1,000 SOL ➡️
1 x Degenerate Drop Bear (Lava) — 300 SOL ➡️
1 x Degenerate Drop Bear (Leopard) — 200 SOL ➡️
1 x Degenerate Drop Bear (Black, Robert) — 50 SOL ➡️
5 x Degenerate Trash Pandas — 42 SOL ⬆️
1 x Degenerate Ape Academy — 60 SOL ⬆️
15 x Monkey Baby Business — 1,336 SOL ⬆️
1 x Cets on Creck — 24 SOL ➡️

Cets on Creck

4 x Magical Banana Milk — 16.8 SOL ➡️
4 x Genesis Watcher — 4 SOL ➡️
8 x Meerkat Millionaires Country Club — 40.56 SOL ➡️
15 x Naked Meerkats Beach Club — 7SOL ➡️
100 x World Of Solana — 70 SOL ➡️
11 x Rakkudos — 25 SOL ⬇️
2 x Nuked Apes — 14 SOL ➡️
2 x Stoned Ape Crew — 60 SOL ⬆️
20 x New Explorers Club (Portals PFP)— 70 SOL ⬆️

20 x New Explorers Club (Portals PFP) +80% FP since latest update

1 x Ghostkid DAO — 14.2 SOL ➡️
1 x Court of the Forest — 100 SOL ➡️
8 x Poverty Boys — 136 SOL ⬆️

Poverty Boy Grails

1 x Infected Mob (Xin Headwear) — 20 SOL ➡️
6 x Infected Mob — 18 SOL 🆕
15 x Astrals (Bulls) — 135 SOL ➡️
1 x Okay Bear (Robo) — 277 SOL ➡️

Okay Bear — Rank 292

1 x BAPE Social Club — 13 SOL ➡️
5 x Dumbass Donkeys — 1.8 SOL ➡️
3 x The Pumas — 36 SOL ⬇️
1 x Reptilian Renegade Lizards — 7 SOL ⬆️
1 x Danger Valley Duck (Robo) — 20 SOL ➡️
4 x Devil Kids — 2.4 SOL ️➡️
1 x BoomerDAO 80s (Robo) — 3 SOL ️⬇️
26 x Zaysan Raptors — 13 SOL (Staked) ⬇️
4 x SOLgods — 48 SOL (staked) ➡️
100 x 3D Intergalactic Pandas — 17 SOL ➡️
5 x Collectorz Club NFT’s — 10 SOL ⬆️
1 x Robot Mafia Club — 7.5 SOL ⬆️
20 x Art of Mob — 18 SOL ➡️
10 x Meta Drago — 20 SOL (Staked) ⬆️
3 x Trippin’ Ape Tribe (OJ) — 420 SOL (Staked) ➡️
2 x Droid Capital — 18 SOL 🆕

Sub-total = 5,673.26 SOL (+5.5% since last update 11/17/22)

FBC NFT Treasury holdings (Top 75 Collections, rarity adjusted)
= 8,335.85 SOL +5.6% since last update 11/17/22

Liquidity
Borrowed: 667.15 SOL (0% APY)
Loaned (Frakt): 805.40 SOL (11.42% APY)
Loaned (Larix): 100.24 MSOL (19.5% APY)
Loaned (Larix): $1,142 USDC (4.6% APY)
vBLSH : 21,800,000

FBC Clothing
Hoodies / Sweatpants / FBC Tees / ‘Probably Nothing’ Tees

Probably Nothing

Clothing Stock: 1,140 Items.
Shipping started in November & will continue for Bounty winners & FBC Legends throughout December 2022. Clothing will be available for purchase for $vBLSH / SOL from 2023.

We’re on track to begin the Pasture event this month as planned.
2,500 PFPs pre-minted are here >>>
Proof of Pasture <<<
This includes Rank 1 & Rank 2 Bull PFP’s. We have also set aside some rare Bull PFP’s outside of the pasture wallet for auctions & Toy Machine prizes.

Pasture will be 2:1 OG:PFP and will be available on a tiered basis with the highest tiered Discord roles having access to burn first. There’s still time to level up your status to access this first by collecting FBC NFT’s & PFP’s.

More info will be announced in the FBC Discord in the coming weeks.

Fearless Bulls Club NFT’s are integrated into Solana AMMs and lending protocols. Thanks to the team at Magic Eden for adding the Fearless Bulls Club Collections page.

ME Creators Page featuring both Fearless Bulls Club Collections

Links
— Use FBC as collateral for flip loans at Frakt
— Swap your FBC for other FBCs or trade instantly on Elixir
— Trade with 0% fees or provide liquidity at Hadeswap
— Check Fearless Bulls Club Rarity on Moonrank
— Check Fearless Bulls Rarity on Moonrank
— Trade Fearless Bulls Club on Hyperspace
— Trade Fearless Bulls on Hyperspace
— Trade Fearless Bulls & FBC on Magic Eden
— Follow @Fearless_Bulls on Twitter
— Join the Fearless Bulls Club Discord

*Update 16:20 UTC, 6. Dec 2022.

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Fearless Bulls Club

Fearless Bulls Club is a self serving ecosystem powered by ambition, creativity and unity. Bullish Growth Fund, NFT Staking, $BLSH Token, Ecommerce & more.