Branavan ◱ ◱ (@branavan) • Hey
Exploring EVM. Curious about the intersection of programming, finance, and art.
Publications
- Currently running through Vitalik's blog posts. I am always in awe regarding the quality of his writing and his ability to really break down complex concepts for the layperson. Personally, my role model for future technical writing pieces
Otherwise focused on learning:
* Differences between ZK-SNARKS and Fraud Proofs
* Differences between L2 Scaling Technologies (benefits, limitations, feature sets)
* Data availability (Celestia, EIP-4844, data compression)
Another interesting learning was understanding the deconstruction of decentralized social media. Using roll-ups for important features such as user name registration, whereas, more off-chain/centralized servers could be used for lower value activities for likes, posts, etc. This will be a common "trade-off" gaming and social media projects may undertake. Trading off security and decentralization for high TPS, especially for lower-value activities (e.g. likes)
- Completely agree with this statement. Predictions markets have worked great for large, wide-spread events that capture tons of eyeballs. Unfortunately for niches but equally important events there's not enough eyeballs/spectators for prediction markets to remain fruitful
- Has anyone thought about whats a cost that would mitigate spam?
X cost of spam is in few cents (need email, some bot running or manually spending own time to spam). Blue checkmark spam would be 8 USD per month.
Polygon and L2s have decent amount of spam NFTs, costing also few cents.
What would be a cost that would mitigate spam efficiently?
- Follow me on Lens https://hey.xyz/u/branavan #lens
- 🚨BREAKING:
Reports of Atomic Wallet being compromised. Users are being drained of millions worth of crypto
If you have money on there be careful
- **TLDR:**
**• Atomic Wallet: Losses range from 6 figures to $3.5M (1897 ETH).**
**• On-Chain NFT Timelines: Seize tracks metadata changes transparently.**
**• @punk6529: Introduces "wallet checker" tool for address status.**
**• de[id] v0.1: Discord authentication, Twitter integration, customizable profiles.**
**• GBRC-721: Optimizes block space for efficient NFT creation.**
**• Etherscan: Advanced filtering for better on-chain data analysis.**
**Key Metrics:**
**• Ethereum: null,893.26 (-0.4%)**
**• Top NFT Collection: BAYC ($5.33M)**
**News:**
**Atomic Wallet reports compromised wallets**, with losses ranging from 6 figures to the largest victim at $3.5M (1897 ETH).
https://twitter.com/zachxbt/status/1665080799253733377?s=20
**On-Chain NFT Timelines:** Seize introduces a feature to **track metadata changes**, ensuring transparency and accessibility with public transaction logs and decentralized storage. https://twitter.com/punk6529/status/1665021338161934336?s=20
**@punk6529 introduces a "wallet checker"** tool on their website, enabling users to view delegation or consolidation status for any address.
https://twitter.com/punk6529/status/1665012793232306176?s=20
**Exciting de[id] v0.1 update:** wallet authentication and delegation via Discord, Twitter integration, and customizable web3 profiles.
https://twitter.com/frankdegods/status/1665129770491981824?s=20
Introducing **GBRC-721:** Optimizing block space for more efficient NFT creation - touting roughly **50 - 90% in block space reduction.**
https://twitter.com/OrdinalLabs/status/1665005603557711873?s=20
**Etherscan introduces advanced filtering** enabling users to browse, filter, and understand on-chain data much easier!
https://twitter.com/0xCygaar/status/1665060395814629377?s=20
- **TLDR:**
**• @hopeexist1 rugs the community after raising funds using a false cancer story and stolen art**
**• Degens donate $787k to @Pauly0x with no return**
**• @Azuki distributes additional tickets for Follow the Rabbit event**
**• Otherside introduces alliances and battle allies in Legends of the Mara**
**Key Metrics:**
**• Ethereum: null,905.11 (+0.4%)**
**• Top NFT Collection: BAYC ($5.17M)**
**News:**
**Sarah/@hopeexist1** misrepresented art, backed by **false cancer story.** @andr3w expresses remorse for falsely believing and promoting her work. https://twitter.com/andr3w/status/1663708304806232067?s=20
**@Pauly0x has received 412.92 $ETH ($787,189.17) from degens,** who will receive nothing in return. https://twitter.com/Pauly0x/status/1663527537174036482?s=20
@Azuki has sent out additional tickets for their upcoming **Follow the Rabbit** event via Tokenproof! https://twitter.com/Azuki/status/1663630798472511488?s=20
**Otherside** expands the gameplay with alliances and battle allies, providing strategic advantages in Legends of the Mara against the Shattered. https://twitter.com/OthersideMeta/status/1663626599332290560?s=20
**Mercedes-Benz collaborates with artist Harm van den Dorpel** and Fingerprints DAO for their inaugural NFT collection "Maschine." https://twitter.com/MercedesBenzNXT/status/1663585720689205249?s=20
**@waterfall_mkt** plans to revolutionise NFT trading by utilizing a unique fractionalization mechanism and prediction market-like interface that would help to **increase liquidity.** https://twitter.com/waterfall_mkt/status/1663609834552320003?s=20
**Harvesters in @Treasure_DAO** grant $MAGIC through Ancient Permits, while Metabolic Boosters enhance yield. **New Ancient Permits rumored in @The_Beacon_GG's dungeon.** https://twitter.com/playbridgeworld/status/1663613565763481600?s=20
- **TLDR:**
**• Blur introduces flexible repayment options for ETH loans**
**• Pudgy Penguins tease Shark Suit collectible**
**• Unciphered hacks Trezor T wallets**
**• 0N1 Force welcomes Hicham Habchi as creative director**
**Key Metrics:**
**• Ethereum: null,792,46 (-3.0%)**
**• Pepe: $0.00000142 (-10.6%)**
**• Top NFT Collection: BAYC ($3.84M)**
**News:**
**Blur introduces flexible loan repayment options** for ETH loans, allowing borrowers to pay back in small increments over time and extend loans by paying as little as 0.1 ETH. https://twitter.com/blur_io/status/1661491144243707904?s=20
**0N1 Force welcomes Hicham Habchi**, former principle at Riot Games, as creative director and advisor.
https://twitter.com/0n1Force/status/1661474065859891200?s=20
**Pudgy Penguins** announces the release of their limited edition **"Shark Suit" collectible** exclusively on **NTWRK** on **June 26 at 9:45 PM EST.** https://twitter.com/pudgypenguins/status/1661503854129627138?s=20
**Unciphered demonstrates hacking Trezor T wallets**, extracting seed phrases, prompting Trezor to address vulnerability and passphrase security. https://twitter.com/WuBlockchain/status/1661535590125559808?s=20
**Governance for $TOPIA, formerly $WRLD, goes live!** https://twitter.com/TOPIAgg/status/1661489149952823297?s=20
Integrating LayerZero and zkSync, **cygaar** shares a tutorial on minting and transferring NFTs between ETH and zkSync.
https://twitter.com/0xCygaar/status/1661509954111688705?s=20
- **TLDR:**
**- Fidenza surges 66% to 87 ETH floor after nullM sale**
**- Opepen achieves record-breaking 19 ETH**
**- STEPN integrates Apple Pay**
**- Claire Silver's solo exhibition**
**- Blend support for Kanpai Pandas and Redacted Remilio Babies**
**- Punk 4680 sold for 174 ETH**
**Key Metrics:**
**- Ethereum:** null,840.16 (+2.5%)
**- Pepe:** $0.00000158 (+2.0%)
**- Top NFT Collection:** MAYC ($4.58M)
**News:**
Fidenza sees 66% surge to 87 ETH floor after nullM Sotheby's sale, accompanied by 5 sales today.
https://twitter.com/ivan_bezdomny/status/1660649586166300676?s=20
Opepen achieves record-breaking 19 ETH sale! The collection as a whole has surged 134% in value, with a floor of 0.549 ETH.
https://twitter.com/punk9059/status/1660809524528427010?s=20
STEPN breaks Web3 barrier with Apple Pay integration, enabling seamless NFT purchases and improved marketplace experience.
https://twitter.com/Stepnofficial/status/1660616595792601091?s=20
Kairos, an NFT lending protocol, has raised nullM USD in their seed round!
https://twitter.com/kairosloan/status/1660657044268154880?s=20
AI artist Claire Silver takes center stage at SuperRare's NYC pop-up, exploring the future of art with her solo exhibition
https://twitter.com/ClaireSilver12/status/1660655767567859712?s=20
Pudgy Penguins merges physical toys with NFTs through redeemable loot boxes, utilizing SoulBound NFT contracts and ERC1155 tokens for customizations in the digital world of Pudgy World.
https://twitter.com/0xCygaar/status/1660732316636033024?s=20
Blend support launching soon for Kanpai Pandas and Redacted Remilio Babies
https://twitter.com/blur_io/status/1660676998103027715?s=20
Punk 4680 (Hoodie + Eye Mask) sold for 174 ETH ($316,305.90 USD)!
https://twitter.com/cryptopunksbot/status/1660737943860834307?s=20
- PREPARING FOR $STRK 🐺
Time sensitive post, 8 hours left ⏰
@argentHQ wallet is doing a "Xplorer Campaign" - something similar to the Arbitrum Odyssey that got the $ARB airdrop to many users.
There are 8 NFTs to collect. Deadline for the 1st is today
Airdrop Strategy 🪂:
1/xx
Similar to Arbitrum Odyssey, Argent is:
• Launching one campaign per week
• Rewarding 1 NFT per week after each campaign
• Helping users get to know the Starknet ecosystem
• Helping protocols get discovered
2/9
$STRK: remember that the token has already been confirmed and deployed. Not currently trading:
0xca14007eff0db1f8135f4c25b34de49ab0d42766
There is no information about a retroactive airdrop for Starknet users yet, but there is 8.1% of "Unallocated" supply.
3/9
$STRK: In the other hand, StarkEX users (dYdX, Immutable, etc) are indeed getting an airdrop.
Stay tuned for more news on this front - we will probably get some updates when the token becomes tradable.
4/9
This campaign is a good way to generate organic activity on-chain and to get to know Starknet protocols.
Argent will be giving 8 NFTs for 8 weeks, 1 per week.
First week was until May 9. However, since the network was slow, they extended the deadline to today 23:59 🚨
5/9
WEEK 1
To get the first NFT:
1. Install Argent X extension: 🔗 chrome.google.com/webstore/detail/argent-x/dlcobpjiigpikoobohmabehhmhfoodbb
2. Bridge ETH to Starknet: 🔗 starkgate.starknet.io (or use Orbiter)
3. Make (1) transaction on Starknet Mainnet using Argent X (make a swap @10KSwap, use @Orbiter_Finance, etc)
6/9
WEEK 1
Argent extended the deadline so users can get the first NFT if they interact today.
There's still time - deadline is Thursday 11 May 23:59 UTC.
https://twitter.com/argenthq/status/1656597368316231681
7/9
WEEK 2
Starting yesterday, there is time until May 16 23:59 UTC to also complete week 2.
To get the second NFT:
1. Play the game in: 🔗 starkfighter.xyz
2. Get a .stark domain for free here: 🔗 xplorer.starknet.id
3. Submit your score (tweet required)
8/9
NFTs cannot be minted yet.
They will share a link for users to mint the NFT after the snapshots are taken, so stay tuned.
Once there's news about the mint page, or week 3 tasks, I will update.
These tasks are not capital-intensive, it's a great opportunity to interact.
9/9
🏛️ You can delegate your future $STRK tokens to olimpio.eth in advance: 🔗 https://delegate.starknet.io/profile/olimpio.eth#statement
(ETH Mainnet txn required)
I was chosen to be one of the recipients of the Starknet Foundation's voting power ⚡️
I'll update
⚡️
- **TLDR:**
**• Goblintown Season 2 rewards 'worst' traders**
**• Diamond Exhibition mint reopens with Day One Shuffle option**
**• Potential exploit found in @SteadyStackNFT contract, fix recommended**
**• Rainbow CXLXR burn live for Ghxsts' Rainbow NFTKey**
**Metrics:**
**• Ethereum: null,872.23 (+3.4%)**
**• Pepe: $0.00000122 (+22.7%)**
**• Top NFT Collection: Azuki ($7.59M)**
**News:**
**Truth Labs' Goblintown Season 2** will give free access to the **top 1,000 worst traders** in NFT land, prioritizing them based on their "rekt activity," with a 50% discount for those who pay using meme coin PEPE. https://twitter.com/goblintown/status/1653449387622662175?s=20
**The Diamond Exhibition mint** will reopen for Mint Pass holders and new Diamond Nested birds, and a **Day One Shuffle** allows for a reshuffle of airdropped DE artworks submitted on the PROOF website https://twitter.com/moonbirds/status/1653460132389601280?s=20
**Potential exploit found in @SteadyStackNFT contract**, allowing goldlist holders to mint unlimited NFTs without supply check. Suggested fix and redeployment. https://twitter.com/0xCygaar/status/1653445736200130560?s=20
**OthersideMeta** explains how **Sediment tiers** affect the production of Sediment Fragments in LotM, with higher Sediment tiers producing more fragments and additional Farmers and Enchanters enhancing production. https://twitter.com/OthersideMeta/status/1653474592944472070?s=20
**Rainbow CXLXR burn is live** - burn one of each color for the Rainbow NFT by @Ghxsts. https://twitter.com/Ghxsts/status/1653056479879114753?s=20
BitMEX launches **$PEPE perpetual swaps** with up to 50x leverage. https://twitter.com/BitMEX/status/1653332522061922307?s=20
**Azurbala** reawakens with a new logo and a focus on **nailing PFP art**, developing a long-term plan for building a new IP franchise. https://twitter.com/azurbala/status/1653120351390277635?s=20
**@untitledxyz releases ARQs**, a collection of 300 modular Metaverse architecture NFTs, designed to connect with one another, on MetaDrop for 0.15 ETH. https://twitter.com/untitledxyz_/status/1653073169396146178?s=20
- **TLDR:**
**• PROOF announces minting details for Evolving Pixels**
**• Beeple x PROOF ticket raffle winners announced**
**• REWORLD by Roope Rainisto sells out**
**• CryptoPunk 3990 sells for 238 ETH**
**Key Metrics:**
**• Ethereum: null,876.60 (-1.1%)**
**• Arbitrum: null.24 (+1.2%)**
**• Top NFT Collection: CryptoPunks ($9.76M)**
**News:**
**PROOF Curated presents "Evolving Pixels,"** an exhibition of 10 incredible generative and AI artists curated by Emily Xie. Mint details: **0.2 for PC and Moonbirds, 0.25 public.**
https://twitter.com/proof_xyz/status/1644123286308020228?s=20
**@a16z introduces "Wave Mint"**, a new NFT minting strategy, which leverages on-chain data to select holders who share a project's culture and goals. https://twitter.com/skominers/status/1644044669142069253?s=20
Winners of the **Beeple x PROOF IRL** event ticket raffle have been announced! https://twitter.com/proof_xyz/status/1644092805265133568?s=20
**@ENS_DAO** has introduced a new Name Wrapper system, allowing users to **convert ENS subdomains into ERC1155 NFTs** with customizable features and protections. https://twitter.com/WPeaster/status/1644102102980116480?s=20
**REWORLD by Roope Rainisto has sold out!** The collection stands at 1.75 ETH - slightly below the final mint price of 2.34 ETH. https://twitter.com/rainisto/status/1644035397192654848?s=20
**Notable Sales:**
**CryptoPunk 3990** was purchased by twochengs for **238 ETH ($445,478.88 USD)!**https://twitter.com/cryptopunksbot/status/1644083202745593870?s=20
- **TLDR:**
**• Gem rebrands to OpenSea Pro**
**• OpenSea free claim surges to 0.055 ETH**
**• Magic Eden introduces trait-based bidding**
**• Safety Mode on Opensea Risks Theft**
**NFT Key Metrics:**
**• Ethereum: null,912.38 (+5.6%)**
**• Arbitrum: null.26 (+8.3%)**
**• Top NFT Collection: CryptoPunks ($18.81M)**
**News:**
**Gem V2, has rebranded as OpenSea Pro**, providing advanced features and professional trading tools to rival Blur. https://twitter.com/openseapro/status/1643314687134556160?s=20
**OpenSea launches a free NFT claim** for anyone that’s bought an NFT on Gem before March 31, 2023. https://twitter.com/openseapro/status/1643355820820774912?s=20
**Be careful using Safety Mode on @opensea**, as enabling eth_sign risks NFT theft. MetaMask disabled eth_sign due to its misuse by drainers. Opensea's PRO prompts users to enable eth*sign. https://twitter.com/sniko*/status/1643363967866220545?s=20
**Magic Eden introduces new feature** allowing users to make offers on NFTs with specific traits. https://twitter.com/MagicEden/status/1643361425619034112?s=20
**MetaMask's** update will feature an **NFT view** allowing ERC-721 and 1155 tokens to appear automatically. https://twitter.com/MetaMask/status/1643282900954087424?s=20
**@domodata explores fungibility of tokens with ordinal inscriptions**, called BRC-20s, inspired by @sats_names and @redphonecrypto. Users can deploy, mint, and transfer using ordinal inscriptions with a 'first is first' rule. https://twitter.com/domodata/status/1633658974686855168?s=20
- **TLDR**:
**• Yuga Labs' HV-MTL collection coming soon**
**• PROOF Curated exhibition with @emilyxxie**
**• @NFTWorlds releases Minecraft-inspired game engine**
**• @VanArman reveals 2023 plans**
**Key Metrics:**
**• Ethereum: null,793.20 (+0.8%)**
**• Arbitrum: null.31 (+6.4%)**
**• Top NFT Collection: Otherdeed for Otherside ($6.29M)**
**News:**
Get ready for **Yuga Labs' HV-MTL** collection! According to @atareh, the 8 mechs will feature 8 **dynamic traits** that change based on your decisions in the HV-MTL FORGE game. https://twitter.com/atareh/status/1641192156248576000?s=20
Attention @Smolverse holders! Now you can explore the map as **your owned Smols/Swols** with the new **Playable Smols & Swols feature.**
https://twitter.com/smolverse/status/1641210953579778048?s=20
**@proof_xyz introduces PROOF Curated**, a new curatorial program with its inaugural exhibition, Evolving Pixels, co-presented by Venus Over Manhattan and curated by NYC-based generative artist and engineer, @emilyxxie. https://twitter.com/proof_xyz/status/1641192715344916480?s=20
**@sartoshi_rip**, the artist of 2021's mfers collection, may be behind @Nakamigos. In four days, it surpassed Bored Ape Yacht Club in trades and has $13M in volume. https://twitter.com/nftnow/status/1641214450794364934?s=20
@imgstormeth suggests **staying clear of @MachiBigBrother**, accused of embezzling over 22,000 ETH and launching 10 failed pump and dump NFT projects. https://twitter.com/imgstormeth/status/1640775782170779651?s=20
**@NFTWorlds announces a new Minecraft-inspired game engine**, free to play and written in RUST, that promises familiar gameplay with higher quality visuals and extensive monetization opportunities for creators. https://twitter.com/iamarkdev/status/1640936410864832513?s=20
Artist Pindar **@VanArman reveals plans for 2023**, including supporting ongoing projects, promoting and supporting bitGANs and byteGANs, and releasing the **highly anticipated qubitGAN drop** later in the year with a focus on quantum computers. https://twitter.com/VanArman/status/1641245806593204224?s=20
- **TLDR:**
**• Opclave introduces non-custodial wallet with touch/face ID**
**• Sotheby's halts Glitch-ism auction**
**• y00tsNFT migration to Polygon with free fees**
**• $BLUR farming loss for @Machibigbrother**
**Key Metrics:**
**• Ethereum: null,768.46 (+0.0%)**
**• Arbitrum: null.30 (+4.9%)**
**• Top NFT Collection: CryptoPunks ($27.58M)**
**News:**
**@y00tsNFT** collection announces **migration to Polygon on March 27th** with free gas fees, staking, and trading. https://twitter.com/y00tsNFT/status/1639842906113740800?s=20
**@Machibgibrother has accumulated roughly ~4600 ETH** in losses farming $BLUR during Season 2! https://twitter.com/punk9059/status/1639983590044991488?s=20
**Introducing Opclave**: the non-custodial wallet that allows users to use touch/face ID instead of seed phrases. https://twitter.com/doganeth_en/status/1640062610161688577?s=20
**Sotheby's has paused its "Natively Digital: Glitch-ism"** auction after artist Patrick Amadon withdrew his art, citing a lack of representation of female-identifying artists.
https://twitter.com/Sothebysverse/status/1640119893612789768?s=20
1 of 1 holders and honoraries invited to upgrade **@KanpaiPandas PFPs** through collaboration with @saidseven_ after art refresh across entire collection. https://twitter.com/KanpaiPandas/status/1640023263530086401?s=20
**Bugsy addresses concerns surrounding $ARB's** market cap, FDV, and competition with $MATIC and $OP! https://twitter.com/EthereumMaxima2/status/1639935966386458624?s=20
Mark your calendars! **@FAKEMEMES_ETH Series 1 'FAKEXPLORER'** drops on March 28th at 9am PST. Exclusive access for Masterpass and Series 0 holders. https://twitter.com/LordJamieVShiLL/status/1640159735822385154?s=20
- What's the most interesting use-cases you've seen with soul-bound tokens?
- 🟣 Metaversal 🟣
What happened this week in NFTs?
- $ARB airdrop 🔵🟠
- Reddit NFT marketplace 🛒
- Smol Brains go on-chain ⛓️
That & more in the Weekly Roundup
👇👇
https://metaversal.banklesshq.com/p/the-token-times
- Seems like it's airdrop SZN for Layer 2/Ethereum scaling solutions. zkSync and Starkware are on my list.
- One of the craziest days - takes me back to the original bull market days. Back to price watching and skipping classes $ARB
- Gmmmmm!
- TLDR: The use of swap lines between the Fed and major central banks like the ECB essentially creates new money. This is because when the ECB takes treasuries from EU banks and gives them dollars, the EU banks now have more dollars than they did before. These dollars are then available to lend out, which increases the money supply. In addition, the swap line balances balloon on the Fed's balance sheet, which can also contribute to an increase in the money supply. This increase in the money supply can lead to inflationary pressure and is often referred to as "money printing".
- Fed's Bank Term Funding Program (BTFP) is a clever way to accomplish unlimited buying of government bonds without actually having to buy them. Bottom line, savers get REKT'd with diminishing purchasing power
- Lfgroooooowwwwwwww
Credit @pedrovilela.lens
- **TLDR: Silver Gate $SI**
Silvergate Capital's shares have **dropped over 45%** after informing the SEC that it will **miss its annual report deadline**, and that it is evaluating its ability to remain in business.
The bank incurred a $**1 billion loss in Q4** after **FTX** collapsed and is now at the center of a fraud investigation.
Silvergate sold additional debt securities in January and February and **expects to record further losses** than previously disclosed, which could affect its ability to continue as a "going concern."
It anticipates its **regulatory capital ratios will be adversely impacted**, making it "less than well-capitalized."
The bank's shares have collapsed over the last year due to its **involvement with several crypto firms and bankruptcies** in the digital asset industry
- Wondering if I'll look back at Lenster and Phi next bull market and be happy for participating early on! #Yasai
- Lens mobile apps could support Paid Collects by adding the fee that Apple wants to charge. Lot of folks would love to collect on mobile as well (including me) and really don't mind to pay slightly higher collect fee. Its difficult to fight Apple now, and better to deal with it later (need decentralized app store and hardware down the line).
- A New @lensprotocol @lenster.lens Quest was added!
Pond of Phi - Create a land with "lens.[your ens].eth" (e.g. lens.vitalik.eth) & Set the Lenster Baseplate.
Let's connect the lands with lens.[your ens].eth to a single view, which can represent Lens World🌿🌍
Claim New Qust Object!↓
http://quest.philand.xyz/items/0x3D8C06e65ebf06A9d40F313a35353be06BD46038/104801
- Hello, lens community!
- Stumbled on Phi during my daily newsletter recap after discovering they received $2M in seed funding. Anywho, began exploring their platform and starting collecting a ton of EXP and rewards from Quests! Much of these I was already eligible for - pretty cool experience collecting and reviewing my history on this wallet.
Anywho, here's to another adventure on Lenster! #Yasai
#Yasai
- $LENS Airdrop Strategy 🌿
There have been rumours that @LensProtocol's token is close. Coinbase had the LENS price page for one day before taking it down.
Thread:
• How to get a Lens Profile
• Complete the new Lens quests and get a reward ⚡️
🧵
1/11
✅ $LENS info
On Feb 1, @stani.lens, Lens' Founder, published a tweet with Ξ16460695 ETH block.
That block was mined in Jan 22. Could it be a snapshot?
🔗 https://etherscan.io/block/16460695
https://twitter.com/stanikulechov/status/1620802163843928064
2/11
✅ $LENS info
Stani spoke about governance in a Podcast in May 2022
TLDR: It's a progressive approach. Lens in-protocol fee collection is 0 atm, but if switched "on", they could go to a community owned treasury
I tweeted about this in Jun 2022 👇
https://twitter.com/OlimpioCrypto/status/1533846684480024581
3/11
✅ $LENS info
There is no official info yet, this is all speculation, however it's natural for a protocol to eventually pursue decentralization via token governance.
So let's stay tuned and see how this evolves, we are early
4/11
✅ How to get a Lens handle?
Many people doesn't know that Lens profiles are NFTs and can be purchased in Polygon Opensea: https://opensea.io/collection/lens-protocol-profiles
Floor price has been slowly inceasing, right now it costs 86 USDC to get one that's already minted.
5/11
If you buy a Lens handle in Opensea, you can start using it immediately. However you can't pick up the @ handle, since it was already minted by someone.
Also, floor price will probably dump hard when Lens Profiles are unlimitedly open to the public. No ETA on that.
6/11
✅ How to get a Lens handle?
The other way to get a handle is mint it yourself, but right now minting is closed, and they open it for some users from time to time.
Latest way to get whitelisted is to have +700 DegenScore and mint via Phaver App 👇
https://twitter.com/StaniKulechov/status/1625134666867933185
7/11
✅ Lens Quests in Phi
Lens launched a series of Quests in @philand.lens on Feb 7.
They last until Feb 22, so there's still 10 days to participate and claim free NFT rewards plus generate Lens real activity in the protocol.
8/11
✅ Lens Quests in Phi
How to participate?
1. Go to 🔗 https://quest.philand.xyz/campaign/lens-yasai
2. Own a Lens Handle
3. Set your default Lens handle in Lenster if you own more than one
4. On the campaign page, click the "Apply" button
5. Start completing the quests! 👇
9/11
✅ Lens Quests in Phi
Here is a Step by Step tutorial en how to complete all six quests: 🔗 https://phi-xyz.notion.site/Yasai-Walkthrough-Guide-6f99640b0b894f6fbb7f9fc42997a999
It's quite straightforward
10/11
✅ Claiming rewards
Phi says that claiming rewards will start on Feb 22nd.
There is no info yet as to what those rewards are.
However, when you complete each quest, you earn one free NFT that can be traded via OpenSea. There's one for every quest, so there are 6 NFTs.
11/11
Not many people know that you don't need a Lens profile to follow someone on Lens.
Give it a try:
1. Go to 🔗 https://lensfrens.xyz/olimpio.lens
2. Connect any wallet, with or without a Lens profile
3. Click follow
4. Sign the #1 txn
5. Submit the #2 txn to the blockchain
⚡️
- Some takeaways from @bankless.lens recent interview with Blur's Pacman:
**TLDR: Blur was able to capitalize on this virtuous cycle**
**Deep Liquidity --> Better Trading Experience --> Attracted Traders --> Deeper Liquidity**
Notes:
Liquidity refers to the ability to buy or sell an NFT without significantly affecting its price.
High liquidity allows for efficient trading and price discovery, while low liquidity can result in significant price swings and make it difficult to enter or exit a trade at a fair price.
Volume, which is the total number of NFTs traded, is not necessarily a reliable indicator of liquidity or the ease of trading.
Volume is often a vanity metric that can be artificially inflated by wash traders. There can also be high volume, yet wide bid-ask spreads leading to poor trading experiences.