degenofweb3 (@degenofweb3) • Hey
Degen of Web3
Publications
- Yes @lens/stani what about some merch ?
- Will follow back each of you who follows me!
- What's the hype around Farcaster? Hey seems more legit to me
- 🔥🔥🔥🔥
- Haven't been to Lens (Hey) for a while now, let's see what Stani cooked here
- What a wonderful day outside
- I see you 👀
- I just voted "Yes" on "Stargate Deployment on IDEX/XCHAIN" https://snapshot.org/#/stgdao.eth/proposal/0x6078a960e2cb6b518dddc3773f7f40b30ab76bc6f2f3de2022eaafe78c8ee0a1 #Snapshot
- Let's get those Likes!
- I just minted Bridge to Base, celebrating the start of @BuildOnBase bringing billions of people onchain.
It’s Onchain Summer.
https://onchainsummer.xyz
- I just voted "Yes" on "Add Metis Chain support for MAI Bridging" https://snapshot.org/#/stgdao.eth/proposal/0xf1274081c9f4db1db77f30f21b53f61dde8716f8d3f2aac7367709bd4af369b2 #Snapshot
- I just voted "Yes" on "Re-Enable Fantom Pools" https://snapshot.org/#/stgdao.eth/proposal/0x3cb9430062af89937887e9d359e4765de4f138c6bcea49ee66225a8fa998e97b #Snapshot
- I just voted "Yes" on "Deprecation of METIS Pool on BSC" https://snapshot.org/#/stgdao.eth/proposal/0x85c675f303a69df297e1fdcf6dc2845366a8672362e946150ba4a4d7928cc8ea #Snapshot
- 🥛 milking it
- What’s your best advice for #crypto beginners?
- “If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” – Satoshi Nakamoto
- Noice
- I just voted "DeFi" on " What was your favorite Use Case of the Linea Voyage Quest? " https://snapshot.org/#/linea-build.eth/proposal/0x9f0e54337d515a9daa2e9cc05580b1993ebb18e2ebc465cf3ee6e777df369e2b #Snapshot
- No doubts
- I just voted "Yes" on "Stargate Deployment On Kava" https://snapshot.org/#/stgdao.eth/proposal/0xed5fe9d40c9e82a53c548d4458fdca91d6d26c12cc34303c205906b5e1854e29 #Snapshot
- Good morning ☁️
- 🐐
- I just voted "Yes" on "Add Euro Coin ($EUROC) to Stargate" https://snapshot.org/#/stgdao.eth/proposal/0xcbefd708a0b64d9e9d634e5d7f57c5056b59285b6a5ba18492cfea4db6a53104 #Snapshot
- I just voted "yes" on "Fantom Pool Windup" https://snapshot.org/#/stgdao.eth/proposal/0xe485f7c2bb4f7843d4ce353ae82f19dcf017e70e917bad28f70ff8b231b57deb #Snapshot
- I just voted "No I had not heard of Amplicata" on "Poll by @rickydata.lens" https://snapshot.org/#/polls.lenster.xyz/proposal/0x924c7790d5bb38f6e8b475c4307dd9b4e19f75ef69c9dcaa07cb4266b9f8a997 #Snapshot
- I just voted "Option 3 (Front and Back)" on "What is the Linea SWAG that you would like to see at upcoming events? " https://snapshot.org/#/linea-build.eth/proposal/0xda4f201a37ea08cf1892418e7b9e88f5687a68dbdc96c3ab22abaa1c7244648e #Snapshot
- I just voted "Option 3 (Front and Back)" on "What is the Linea SWAG that you would like to see at upcoming events? " https://snapshot.org/#/linea-build.eth/proposal/0xda4f201a37ea08cf1892418e7b9e88f5687a68dbdc96c3ab22abaa1c7244648e #Snapshot
- I just voted "Yes, let's do it" on "[BIP-300] Change Snapshot to Weighted Voting" https://snapshot.org/#/balancer.eth/proposal/0xfdc5ac449f00abc43f6bba2d2fe05b0a34fdac2b7cc4982e2a7a1191fe617eb3 #Snapshot
- Hey everyone, JLO here aka Jong Lennon my Web3 moniker. 🐒 I am an enthusiast of technology, the arts, the human mind, and everything in between.
Recently (and by recently I mean 5 days ago) tried my hand at AI Photography and I love how visceral the images appear. Hope to post more of my creations here in the future!
- Today marks our 1 Year Anniversary of making friends onchain 🎂!
Thank you to everyone who has made the first year of Lens Protocol so special and groundbreaking. Lens has brought together builders, creators, communities, and friends, all while in beta.
There's so much planned for the second year ahead, and we can't wait to continue to grow with all of you.
Who did you become frens with on Lens?
🎨 by @nftsushi.lens and all collect proceeds go directly to the artist.
- I just voted "Yes" on "Velodrome Strategy Update" https://snapshot.org/#/stgdao.eth/proposal/0x6b703b90d3cd1f82f7c176fc2e566a2bb79e8eb6618a568b52a4f29cb2f8d57b #snapshotlabs
- I just voted "Optimistic L3" on "Poll by @stani.lens" https://snapshot.org/#/polls.lenster.xyz/proposal/0x103d7bdc9ac970611636ab1be7e15c53fd26ea8193fdd78fd5c0ce57a73cfde1 #snapshotlabs
- I just voted "No 👎" on "Poll by @yoginth.lens" https://snapshot.org/#/polls.lenster.xyz/proposal/0xe27f5f42b5e3945884bd5346e45d4c66c7ecadd963f2b53d1b0e949dd79521d2 #snapshotlabs
- I just voted "Yes ✅" on "Poll by @yoginth.lens" https://snapshot.org/#/polls.lenster.xyz/proposal/0xf925c956cdb2a8797fde0f6bdc598727a2944be742621a5230cc15d25d8f3f91 #snapshotlabs
- .@LensProtocol applications have experienced a significant increase in daily active users, growing by 9x in the last six months.
This surge has been concentrated in social media-based applications, with 44% of active users on @lensterxyz, 23% on @phaverapp, and 12% on @orbapp_. https://t.co/vFrTH8JwGR
- good night everyone
- I just voted "Yes" on "Stargate x Galxe: Optimism Ecosystem Growth Grant" https://snapshot.org/#/stgdao.eth/proposal/0xda01dacad76bf6559fcd16cf947f23dd4ee3459e1d08aa6325b17a573733d039 #snapshotlabs
- gm
- I just voted on "GXV V2: Interface & Market Paramaters" https://snapshot.org/#/gmx.eth/proposal/0x4bb2ac5546101e39ea0a0a11a689e967c8720814e5ca804d112bd55cc4072d0c #snapshotlabs
- gm gm fam, how is your week starting out?
- I just voted "Yes" on "Make Velodrome the STG Hub on Optimism" https://snapshot.org/#/stgdao.eth/proposal/0xf980d6deed62c3d77dd055963724b9d07ea0f383a2142703e5581c8e751b06ad #snapshotlabs
- @llamaxyz.lens is thrilled to propose a revised outlook for the @aaveaave.lens Safety Module to the community.
Following feedback, the strategy was split in 6 posts on the Aave forum.
The summary can be found here, but this post will dive into each topic
https://governance.aave.com/t/discussion-safety-module/12029/9
The strategy aims to improve the SM design on several aspects, such as:
~ Increase the SM cover value
~ Improve Incentives management
~ Increased SM depositors rewards
~ Reduction of the cover cost
*PART I: Migrate the StkABPT to @balancerprotocol.lens V2*
The publication proposes an update of the initial SM pool parameters to consider several configurations on Balancer
~ B-80AAVE-20wETH
~ B-80AAVE-20wstETH
~ B-50AAVE-50wETH
~ B-50AAVE-50wstETH
Proposal I: https://governance.aave.com/t/temp-check-safety-module-update-part-i-migrate-aave-weth-balancer-v1-pool-to-balancer-v2/12748
*PART II: Assets diversity, SM Categories & Slashing*
This proposal introduces risk tranching by creating 3 categories with different slashing, parameters & rewards
~ Single Assets: Similar to current design (Reduced emission, 30% max slashing)
~ Volatile & Stable BPTs: LPs staked in Balancer gauges through @AuraFinance
(BAL + AURA rewards, 45% max slashing for volatiles, 60% max slashing for Stables)
Proposal II: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-ii-asset-diversity-sm-categories-slashing-updates/12749
*PART III: Enable smBPT gauges*
This proposal proposes to improve the capital efficiency in the SM by creating gauges on smBPT instead of classic BPT
To generate enough BAL + AURA rewards, the Aave DAO will need to attract vote on the associated gauges, which can be done by voting or creating vote incentives for veBAL & wrappers holders.
Classic gauges would dilute the SM reward budget since anyone could receive yield while bypassing the SM risks & cooldown.
smBPT allows anyone to deposit in the pool & earn fees, but only SM depositors would receive BAL + AURA rewards.
Proposal III: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-iii-enable-gauges-on-bpt-in-safety-module-smbpt/12750
*PART IV: Incentives management upgrade*
This proposals focuses on updating the current AAVE reward budget management
~ 25% of the current SM budget as liquidity mining on single assets (no gauges)
~ 75% of current SM budget as vote incentives on smBPT gauges through Warden Quest by @paladin.lens for volatile & stable BPTs categories
This allows to leverage the premium of gauge weight power compared to direct liquidity mining and benefit from several Quest benefits such as
~ Defined amount of votes needed
~ Fixed reward / vote paid to voters
~ Ability to retrieve unspent rewards
~ Incentivize veBAL & wrappers
Proposal IV: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-iv-incentives-management-upgrade/12751
*PART V: veToken Management framework*
This proposal aims to define a framework to manage the strategic assets locked on the collector contract by electing a committee in charge of the following actions
~ Lock / relock assets
~ Cast gauges votes
~ Monitor the market
~ Create the Quests
~ Claim & Compound the yield
Proposal V: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-v-vetoken-holding-management-framework/12752
*PART VI: Future considerations*
This proposal aims to recap the design proposed and add future considerations for this strategy
~ Progressive incentives migration to the new design
~ Incentives budget sustainability
~ Protocol Owned liquidity considerations
~ Framework to add new assets to the SM
Proposal VI: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-vi-future-considerations/12753
Looking forward to get feedback on the forum and discuss these topics with the community
- AIDOGE seems ridiculous to me
- Good morning, gentlemen
- I just voted "Yes" on "Create a Secure UniswapV3 Oracle for STG with Arrakis PALM" https://snapshot.org/#/stgdao.eth/proposal/0x9b511ccf8bd097176255da63725877de9f80caeea8a28256ff50dfad10a3820d #snapshotlabs
- I just voted "YAE" on "[TEMP CHECK] Aave V3 Deployment on zkSync Era Mainnet" https://snapshot.org/#/aave.eth/proposal/0x46cf72da892eb216edc1b7fe2f24f7491d8c37344b2b1f67632fa6950be034f7 #snapshotlabs
- I just voted "YAE" on "[TEMP CHECK] - Whitelist Stargate for V3 Portals" https://snapshot.org/#/aave.eth/proposal/0xc17bc863a09c72152c1ac25d09fcee4748b58eb2e10e70886e20e77ad4d8fad0 #snapshotlabs
- I just voted "For" on "SIP-40: Allocate bribes to ARB-USDs and WETH-USDs farms" https://snapshot.org/#/speraxdao.eth/proposal/0x395c7ceb4f414f2b66c269e0fbb2fbbd525b92c7a49c13e0f31ef55c17fc65ec #snapshotlabs
- I just voted "In Favor" on "RFP-15: Adding ARB as a Full Collateral and Borrow Market on Arbitrum" https://snapshot.org/#/radiantcapital.eth/proposal/0xeef2590850b2815a2ebc9e09cda33df705f27b3c0aa1e7b56939a9f7e4615b95 #snapshotlabs
- I just voted "Against" on "RFP-14: Authorizing $RDNT Tokens for Prospective Investors" https://snapshot.org/#/radiantcapital.eth/proposal/0x568bcd3c9bf6db85fa619f712a4e4a80208ee03958d203559442bb15bb965000 #snapshotlabs