cryptogodjohn (@cryptogodjohn) • Hey
iam not a fake profile of cryptogodjohn but his follower. This is not his original account
Publications
- Introducing the Lens SDK – your new go-to toolkit to create powerful experiences & applications for the social layer of Web3.
Developers rejoice! We have lowered the barrier to entry and made it easier than ever to create innovative, powerful, and engaging Lens apps and experiences. With the new Lens SDK you can plug into the Web3 social layer with just 10 lines of code.
Pick and choose the features you want - only the components you use contribute to the final size of your app bundles. These capabilities are all handled by the Lens SDK, allowing developers to focus on their core features.
The SDK is modular and composable. It seamlessly integrates with other Web3 projects, protocols, and tools such as @litprotocol.lens to enable token-gated publications.
Mobile apps have been some of the biggest success stories on Lens. The new SDK doubles down on mobile support, starting with React Native. With the SDK, you can build polished mobile apps without underlying knowledge of the Lens API or Lens Protocol.
Come build the future on the social layer of Web3.
Get started in our dev docs: https://docs.lens.xyz/docs/sdk-react-intro and dive into our latest blog here: https://mirror.xyz/lensprotocol.eth/LtJBLD6zX_P9EYdsJ2DrT9RaCbiE2vvtajF4Md6wHr0
- can we expect btc to bounce back from now
- WEN ALT Season
- Maybe
- Lens signless transactions are now better, faster, stronger!
You can upgrade your signless transactions on @lenster.lens: https://lenster.xyz/settings/dispatcher
Coming on other community-built applications 🔜!
- going for work...willnt be online for 3 days... cu guys
- We love to see it $ETH
- “Haar ouders hebben de kracht gevonden om het leven weer op te pakken, en om haar bestaan, dat zo uitzichtloos leek, toch van betekenis te laten zijn.”
https://www.volkskrant.nl/wetenschap/de-beademing-werd-stopgezet-maar-puck-bleef-ademen~bdea4fc6/
- Massive news today: Shanghai Upgrade date confirmed 📆 ⚡️
• 16.5M ETH has been staked so far (~30B USD)
• 25% solo stakers. 30% LIDO. 12% Coinbase.
• Date: 12 April, 2023
🧵 Thread: How do ETH withdrawals work? Who are the stakers? Can all of this affect ETH price?
1/11
• What is the Shangai Upgrade? The road so far
As you know, with The Merge ETH migrated from POW to POS.
In POS, ETH is staked to secure the network. People have been staking ETH since December 2020.
2/11
• What is the Shangai Upgrade? The road so far
Up until now, stake ETH was one-way. Stakers could not withdraw it.
However, LSD solutions such as Lido appeared and allowed people to mint tokens such as stETH which are close to 1:1 trading, enabling staked ETH liquidity.
3/11
• What is the Shangai Upgrade?
The Ethereum network is set to upgrade in Apr 12th 2023.
The upgrade will bring changes to the network, including the ability to withdraw staked ETH, worth 30B USD.
Not all ETH would be able to be withdrawn at once.
4/11
• Who are the stakers?
Lido: 29%
Solo stakers: 25%
Coinbase: 12%
Kraken: 7.5%
Binance: 6.1%
Others: 20.4%
5/11
• How much ETH will be withdrawn?
Not all 15M ETH can be withdrawn at once. There is a queue for validators to gradually unlock it.
There are two types of withdrawals, partial and full.
6/11
• Withdrawal types
1. Partial: only interests out, not capital (staked ETH). Maximum amount of ETH possible to be taken is 1M or 1.6B USD
2. Full: interests + capital. Rate limited to only 54,000 ETH/day
(7 validators/epoch. 225 epochs/day) | (24*60)/6.4*7*32 = 54,000
7/11
• Sell pressure
With 50,400 max ETH withdrawable per day, that's 80M maximum potential sell pressure daily.
Last 24hs ETH trading volume was 9B according to CoinGecko.
80M is less than 1% ETH's last 24hs trading volume.
8/11
• LSD = Liquid Staking Derivatives
We also need to consider that ~57% of ETH stakers have liquid access to their ETH thanks to solutions like Lido or Rocketpool.
So these people could have sold long ago, they did not have to wait until April 12 like the other 43%
9/11
• ETH issuance in POW?
Before The Merge, block reward was 2.2 ETH per block. At an AVG rate of 15 seconds/block, that is around 11,500 ETH per day.
10/11
Some of the information from this thread was taken from this report by Binance Research: 🔗 https://research.binance.com/en/analysis/ethereum-shanghai-upgrade
And Dune: 🔗 https://dune.com/hildobby/eth2-staking
11/11
Final thoughts on Shanghai
• The Shanghai Upgrade is a crucial step in the development of the Ethereum network.
• It might cause some price movement in the short term, but for me it is bullish for the ecosystem long term.
ETH has been deflationary in the last 7 days.
Join Alpha Discord: https://earndrop.io/discord
- Content Worth Collecting Will be Token-Gated
- Do you think that in the future humans will become more like robots, or will robots become more like humans?
- Attention all social media marketers! Say goodbye to paying platforms like Twitter and LinkedIn to promote your posts. Our revolutionary product empowers YOU to promote content you believe in while earning money!!!!
How much does a "share" cost on Twitter or LinkedIn? 🤔 Is it worth more than paying for 1,000,000 views? Let's talk about the value of engagement for your brand! 💪
- gm to everyone on Lens 🌿
- https://twitter.com/CryptoGodJohn/status/1642935653179572236?s=20
- We’re all gonna make an anime (together).
多元宇宙に散らばったギャルバースNFT、アニメ化計画始動💕
参加したい人はフォローしてね🌠
- nakamigos
- https://snapshot.org/#/stgdao.eth/proposal/0xdd13d9ecee26193e58fa8bdf00b0f84b6e715701aff5501fe753447f51c7fa2a
- https://snapshot.org/#/stgdao.eth/proposal/0x714977397be501e7f854293401370ab89d8c9261f533d7bb551d0c29ade5755f
- https://snapshot.org/#/stgdao.eth/proposal/0xa040cd10e6b648014373e84569218937f986ca1ab11210ceb39e65c88cd005a3