Hongo (@hongo) • Hey
I am a web designer working on WordPress themes. I am also a crypto enthusiast.
Publications
- Check my Builder Score on Talent Passport!
The resume for the onchain era of the internet by @talentprotocol
https://passport.talentprotocol.com/profile/10250
- Hey anon, hey!
Hey @lensprotocol family! We are excited to announce our brand new home, https://hey.xyz!
**Why the change?**
Because we wanted to re-introduce ourselves as the one-stop shop for all things Lens. we will be continuing to showcase the latest features from the protocol while listening to our community for what they want to see next.
We will be exploring communities, open actions, and whole new ways you, your NFTs, and the DAOs you’re a part of can benefit from web3 social powered by Lens. This is just the beginning, so thanks for stopping by, and saying hey!
Collect this first ever post by Hey (24 hours!)
- I just minted OAK: One Thousand Local Currencies, celebrating the start of @BuildOnBase bringing billions of people onchain.
It’s Onchain Summer.
https://onchainsummer.xyz/oak
- gm everyone. :)
- gm everyone.
- Spring in the mountains.
#landscapephotography
- gm everyone.
- gm everyone
- gm everyone
- gm everyone
- Castle ruins.
#castle #landscape #photography
- gm everyone. 🙂
- gm everyone. 🙂
- The Dolomites.
#photography #landscape
- gm everyone
- Spring in the mountains.
#spring #photography #landscape
- gm everyone.
- gm everyone.
- gm lenseers. 🙂
- gm everyone
- gm everyone
- Stream in the Alps.
#photography #nature #landscape
- gm everyone
- Spring crocuses.
#photography #spring
- gm everyone
- #photography #forest #mist
- gm everyone
- Snake's head fritillary.
#phohotography #macro #spring
- gm everyone
- Nexon Finance mainnet is live on #zkSync Era 🔥
Checkout: https://app.nexon.finance
- Currently exploring the#zksync ecosystem and doing some swaps on the mainnet to increase my odds for the big airdrop.
- gm everyone. 🙂
- **Introduction to Lockdrops**
As the world continues to embrace cryptocurrencies, new and innovative ways of token distribution are being developed. One of these methods is called Lockdrops. Lockdrops have been gaining popularity in the crypto space as a revolutionary approach to token distribution. In this article, I will be discussing the concept of Lockdrops, how they work, their advantages, their comparison with other token distribution methods, and the future of Lockdrops.
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**Understanding the Concept of Lockdrops**
Lockdrops is a relatively new concept that was first introduced by a blockchain project called Ocean Protocol in 2018. Lockdrops are a hybrid between airdrops and ICOs (Initial Coin Offerings). In airdrops, tokens are freely distributed to the community without any form of investment or commitment required. On the other hand, ICOs require participants to invest money in exchange for tokens.
Lockdrops, however, require participants to lock up a certain amount of a specific cryptocurrency for a specified period of time, and in return, they receive a certain amount of the new token being distributed. The amount of the new token received is proportional to the amount of cryptocurrency locked up and the duration of the lockup period.
**Advantages of Lockdrops**
One of the main advantages of Lockdrops is that they incentivize long-term holding of a cryptocurrency. This is because the longer a participant locks up their cryptocurrency, the higher the amount of the new token they receive. This, in turn, encourages investors to hold onto their cryptocurrency for a longer period, which can lead to increased stability in the market.
Another advantage of Lockdrops is that they are more inclusive than ICOs. ICOs are often limited to accredited investors, which can exclude a large portion of the community. Lockdrops, on the other hand, are open to anyone who has the required cryptocurrency to lock up.
Furthermore, Lockdrops can help to reduce the volatility of the new token being distributed. This is because participants are required to lock up their cryptocurrency, which means that the new token is distributed to a more stable base of holders who are less likely to sell off their tokens immediately.
**How Lockdrops Work**
Lockdrops work by requiring participants to lock up a certain amount of a specific cryptocurrency for a specified period of time. The amount of the new token received is proportional to the amount of cryptocurrency locked up and the duration of the lockup period.
For example, if a participant locks up 10 ETH for a period of 6 months in a Lockdrop, they might receive 1000 XYZ tokens. However, if they lock up 20 ETH for the same period, they might receive 2000 XYZ tokens.
Once the lockup period is over, participants can claim their new tokens. However, if they unlock their cryptocurrency before the lockup period is over, they will lose their rights to the new tokens.
Comparison of Lockdrops with Other Token Distribution Methods
Lockdrops have several advantages over other token distribution methods, such as ICOs and airdrops. ICOs require participants to invest money in exchange for tokens, which can exclude a large portion of the community. Airdrops, on the other hand, are freely distributed to the community without any form of investment or commitment required.
Lockdrops, however, incentivize long-term holding of a cryptocurrency, which can lead to increased stability in the market. They are also more inclusive than ICOs because they are open to anyone who has the required cryptocurrency to lock up. Furthermore, Lockdrops can help to reduce the volatility of the new token being distributed.
**Goal3's Lockdrop Model**
One example of a successful Lockdrop model is the one used by Goal3. Goal3 is a blockchain project that aims to create an ecosystem for sports fans and athletes. Goal3's Lockdrop model requires participants to lock up a certain amount of ETH for a specified period of time in exchange for Goal3 tokens.
The lockup period for Goal3's Lockdrop is 6 months, and the amount of Goal3 tokens received is proportional to the amount of ETH locked up. Participants can claim their Goal3 tokens after the lockup period is over. The Goal3 Lockdrop model has been successful in incentivizing long-term holding of ETH and increasing the stability of the Goal3 token.
**How to Participate in a Lockdrop**
To participate in a Lockdrop, you will need to have the required cryptocurrency to lock up. You will also need to find a project that is running a Lockdrop and follow their instructions for participation.
It is important to do your research before participating in a Lockdrop. Make sure you understand the project and their goals, as well as the terms and conditions of the Lockdrop. It is also important to be aware of the potential risks and challenges of participating in a Lockdrop.
**Potential Risks and Challenges of Lockdrops**
One of the potential risks of Lockdrops is that the new token being distributed may not have any real value or use case. This can lead to the value of the token dropping significantly, which can result in a loss for participants who locked up their cryptocurrency.
Another potential risk is that the lockup period may be too long for some participants. This can lead to participants losing out on potential gains in the market.
Furthermore, there is always the risk of scams and fraudulent projects in the crypto space. It is important to do your research and only participate in Lockdrops from reputable projects.
**Future of Lockdrops and Their Impact on the Crypto Industry**
Lockdrops have the potential to revolutionize the way in which tokens are distributed in the crypto industry. They incentivize long-term holding of a cryptocurrency, which can lead to increased stability in the market. They are also more inclusive than ICOs because they are open to anyone who has the required cryptocurrency to lock up.
Furthermore, Lockdrops can help to reduce the volatility of the new token being distributed. This is because participants are required to lock up their cryptocurrency, which means that the new token is distributed to a more stable base of holders who are less likely to sell off their tokens immediately.
**Conclusion: Unlocking the Potential of Lockdrops**
Lockdrops are a revolutionary approach to token distribution in the crypto industry. They incentivize long-term holding of a cryptocurrency and are more inclusive than ICOs. Lockdrops have the potential to increase stability in the market and reduce the volatility of new tokens being distributed.
However, it is important to do your research before participating in a Lockdrop. Make sure you understand the project and their goals, as well as the terms and conditions of the Lockdrop. It is also important to be aware of the potential risks and challenges of participating in a Lockdrop.
Overall, Lockdrops have the potential to change the way in which tokens are distributed in the crypto industry, and their impact will be interesting to watch in the coming years.
**If you're interested in participating in a Lockdrop, make sure you do your research and only participate in reputable projects.**
- Currently doing some swaps on #zksync Era mainnet for a possible #airdrop in the future.
- **Revolutionizing Trading with VirtuSwap’s DEX: Lowering Costs and Boosting Returns**
As a trading enthusiast, I have always been curious about the latest advancements in the trading world. Recently, I came across the term DEX or Decentralized Exchange. I was intrigued by the possibilities it offered and decided to research more about it. My journey led me to VirtuSwap’s DEX, which is revolutionizing the trading experience by lowering costs and boosting returns. In this article, I will explain what a DEX is, how it differs from traditional exchanges and the benefits of using a DEX for trading. I will also explore VirtuSwap’s DEX and how it stands out in the market.
**What is a DEX?**
A DEX or Decentralized Exchange is a digital platform that allows peer-to-peer trading of cryptocurrencies without the need for a central authority or intermediary. It is built on a blockchain, which is a decentralized digital ledger that records all transactions. Unlike traditional exchanges, a DEX is not controlled by a single entity, making it more secure and transparent.
**How does a DEX differ from a traditional exchange?**
Traditional exchanges are centralized and require a central authority to control and regulate the transactions. They charge high fees for trading and have lengthy processes for withdrawal and deposit. In contrast, a DEX is completely decentralized and does not require any middleman. It eliminates the need for intermediaries, making transactions faster, cheaper, and more secure.
**Benefits of using a DEX for trading**
The benefits of using a DEX for trading are numerous. Firstly, it offers complete control to the user, and they are the sole owner of their funds. Secondly, it is more secure, as the transactions are recorded on a blockchain, making it tamper-proof. Thirdly, it is more transparent, as every transaction can be viewed by anyone on the blockchain. Fourthly, it offers faster transactions, as there are no intermediaries involved. Lastly, it is cost-effective, as it eliminates the need for intermediaries, reducing the fees for trading.
**Introduction to VirtuSwap’s DEX**
VirtuSwap’s DEX is a decentralized exchange that aims to provide a seamless trading experience to its users. VirtuSwap’s DEX offers a wide range of cryptocurrencies for trading, making it a one-stop shop for all your crypto trading needs. It also offers low trading fees, making it affordable for everyone.
**How VirtuSwap’s DEX lowers costs and boosts returns**
VirtuSwap’s DEX offers low trading fees, making it cost-effective for users. It eliminates the need for intermediaries, reducing the costs of trading. It also offers a high return on investment, as it has a liquidity pool that provides rewards to users who provide liquidity. This means that users can earn more by holding their funds in the liquidity pool.
**Comparison of VirtuSwap’s DEX to other DEXs in the market**
VirtuSwap’s DEX stands out in the market due to its low trading fees, a wide range of cryptocurrencies for trading, and high return on investment. It also offers a user-friendly interface, making it easy for beginners to trade. In comparison to other DEXs in the market, VirtuSwap’s DEX is more affordable and offers better returns.
**Security measures implemented by VirtuSwap’s DEX**
VirtuSwap’s DEX takes security very seriously and has implemented various measures to ensure the safety of user funds. It uses a multi-signature system that requires multiple signatures to authorize a transaction, making it more secure.
**How to use VirtuSwap’s DEX for trading**
To use VirtuSwap’s DEX for trading, you need to have a crypto wallet that supports the Binance Smart Chain. You can connect your wallet to VirtuSwap’s DEX and start trading. The process is simple and user-friendly, making it easy for beginners to use.
**Future of DEXs and VirtuSwap’s role in it**
The future of DEXs is promising, as more and more people are shifting towards decentralized trading. VirtuSwap’s DEX aims to be a leader in the market by providing a seamless trading experience to its users. It plans to add more features and cryptocurrencies to its platform, making it more attractive to users.
Conclusion
In conclusion, VirtuSwap’s DEX is revolutionizing the trading experience by lowering costs and boosting returns. It offers a user-friendly interface, a wide range of cryptocurrencies for trading, and a high return on investment. It also takes security seriously, ensuring the safety of user funds. The future of DEXs is promising, and VirtuSwap’s DEX aims to be a leader in the market by providing a seamless trading experience to its users. If you are interested in decentralized trading, VirtuSwap’s DEX is definitely worth exploring.
#crypto #virtuswap
- GM everyone.
- **Unlock the Power of Crypto Lending with WHITEHOLE Finance's Multi-Asset Protocol**
As the world continues to move towards digitalization, it is no surprise that cryptocurrencies have become increasingly popular. With the rise of cryptocurrencies, there has been a surge in the number of lending protocols in the crypto space. One such protocol is WHITEHOLE Finance's Multi-Asset Protocol. In this article, I will explore crypto lending, WHITEHOLE Finance's Multi-Asset Protocol, how to use it for crypto and NFT lending, the advantages of using it, the risks and precautions to consider, WHITEHOLE Finance's security measures, and a comparison of WHITEHOLE Finance with other crypto lending protocols.
**Introduction to Crypto Lending & WHITEHOLE Finance**
Crypto lending is the process of lending cryptocurrencies to borrowers who use them as collateral. It is a way for lenders to earn interest on their cryptocurrencies while borrowers can use them without having to sell them. Crypto lending is becoming increasingly popular among investors as it offers a way to earn passive income. WHITEHOLE Finance's Multi-Asset Protocol is a lending protocol that allows users to lend cryptocurrencies and NFTs. It is a decentralized protocol that uses smart contracts to facilitate lending.
**What is a Lending Protocol in Crypto?**
A lending protocol in crypto is a platform that allows users to lend and borrow cryptocurrencies. These protocols are decentralized and use smart contracts to automate the lending process. Lenders earn interest on their cryptocurrencies while borrowers can use them without having to sell them. The interest rates on these lending protocols are determined by supply and demand. When there is a high demand for borrowing, the interest rates increase, and when there is a low demand for borrowing, the interest rates decrease.
**Benefits of Crypto Lending**
Crypto lending offers several benefits to both lenders and borrowers. For lenders, it is a way to earn passive income on their cryptocurrencies. They can earn interest on their cryptocurrencies without having to sell them, which means they can continue to hold on to their cryptocurrencies and benefit from any price appreciation. For borrowers, crypto lending is a way to access liquidity without having to sell their cryptocurrencies. This is particularly useful for those who believe that the price of their cryptocurrencies will increase in the future.
**Understanding WHITEHOLE Finance's Multi-Asset Protocol**
WHITEHOLE Finance's Multi-Asset Protocol is a decentralized lending protocol that allows users to lend cryptocurrencies and NFTs. The protocol uses smart contracts to facilitate lending, and the interest rates are determined by supply and demand. The protocol supports several cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin, among others. It also supports several NFTs, including CryptoKitties and CryptoPunks.
**How to use WHITEHOLE Finance for Crypto & NFT Lending**
To use WHITEHOLE Finance for crypto and NFT lending, users need to connect their wallets to the protocol. Users can then choose the cryptocurrency or NFT they want to lend and the duration of the loan. The interest rates are determined by supply and demand, and users can earn interest on their cryptocurrencies and NFTs. Users can also borrow cryptocurrencies and NFTs by putting up collateral.
**Advantages of using WHITEHOLE Finance**
WHITEHOLE Finance offers several advantages to users. Firstly, it is a decentralized protocol, which means that users have full control over their cryptocurrencies and NFTs. Secondly, the protocol supports several cryptocurrencies and NFTs, which gives users a wide range of options to choose from. Thirdly, the interest rates are determined by supply and demand, which means that users can earn higher interest rates when there is a high demand for borrowing. Lastly, the protocol is easy to use, and users can lend and borrow cryptocurrencies and NFTs with just a few clicks.
**Risks and precautions to consider when using Crypto Lending Protocols**
While crypto lending protocols offer several benefits, there are also risks and precautions that users need to consider. Firstly, there is the risk of losing cryptocurrencies and NFTs due to hacks and smart contract vulnerabilities. Secondly, there is the risk of borrowers defaulting on their loans, which could result in the loss of collateral. Users should also be aware of the volatility of cryptocurrencies, which could result in the loss of value. Lastly, users should understand the tax implications of crypto lending, as it could result in taxable income.
**WHITEHOLE Finance's Security Measures**
WHITEHOLE Finance takes security seriously and has implemented several security measures to protect users' cryptocurrencies and NFTs. The protocol uses smart contracts, which are audited by third-party security firms to ensure that they are secure. The protocol also has a bug bounty program, which rewards users for discovering vulnerabilities in the protocol. Additionally, the protocol uses a multi-signature wallet, which requires multiple parties to sign off on transactions before they can be executed.
**Comparison of WHITEHOLE Finance with Other Crypto Lending Protocols**
There are several crypto lending protocols in the market, and WHITEHOLE Finance is one of them. When compared to other lending protocols, WHITEHOLE Finance offers several advantages, including a wider range of supported cryptocurrencies and NFTs, a decentralized protocol, and higher interest rates. However, users should conduct their research and compare different lending protocols before deciding which one to use.
**Conclusion**
Crypto lending is becoming increasingly popular among investors as it offers a way to earn passive income. WHITEHOLE Finance's Multi-Asset Protocol is a lending protocol that allows users to lend cryptocurrencies and NFTs. It is a decentralized protocol that uses smart contracts to facilitate lending. While there are risks and precautions to consider, the protocol offers several advantages, including a wider range of supported cryptocurrencies and NFTs, a decentralized protocol, and higher interest rates. Users should conduct their research and compare different lending protocols before deciding which one to use.
- **BlueMove NFT Market on Aptos**
I haven’t seen so much hype about a crypto project in a long time.
Aptos is promising to build the safest and most scalable Layer 1 blockchain. And I believe that this is much needed in the space at the moment. With all the problems Solana and several other L1's have, it’s a perfect time to launch a blockchain that can deliver all the promises.
Yesterday the main net was launched and we are all looking forward to tomorrow when the Aptos token will be listed on Binance.
**NFT FRENZY AND BLUEMOVE MARKET**
I am very impressed with the NFT markets as well. I was purchasing and selling NFTs on **BlueMove** and everything just works great. I think Aptos will bring new life into the NFT world. With the lightning speed of the network and low fees, it is perfect for highly anticipated NFT launches. Off to the bright future.
#aptos #crypto
- **Cosmic Horizon — a p2e strategy space-trading/conquest MMRPG**
There is an interesting new game being developed in the Cosmos universe.
It’s a new p2e strategy space-trading/conquest MMRPG, developed by Qwoyn Studios and powered by the Cosmos SDK.
**Cosmic Horizon** takes inspiration from adventure and strategy games of the 1990s that we all loved to play.
- Do you think zkSync airdrop will be in 2023? #zksync #crypto
- So, you think a pump or a dump over the weekend? #crypto
- Insane 🔝👌💛
Track ID : https://lenster.xyz/posts/0xf1b1-0x05a4
#bytes
- #Arbitrum airdrop was sure nice to get. Now onwards to new airdrops in 2023. 🙂
What #airdrops are you farming for?
- This was one hectic week in #crypto
- gm lens frens 👋
Today I have made an important decision in my life 📢
I quit my job today and going to focus full-time on maintaining the first-ever open-source frontend @lenster.lens 🌸 powered by @lensprotocol 🌿.
Building social media was my dream since 10th grade, I built more than 4 social media in public but all failed, Lenster is my 5th one and it’s going crazy ⚡️.
I believe building in public is key 🔑 to the success of a product.
We have a lot of items queued up in the roadmap, be excited about it 🕺
**Collect this post for 2 WMATIC and support Lenster’s development 🙏**
- Create together, earn together 🌿
Creators can now split revenue earned from Collects.
Share earnings with as many as 5 creators. With custom percentage splits.
Collects is among the most popular features on Lens.
We recently added the option to set limited quantities and/or time limits to collectible posts.
We’re excited to offer new ways for collectors to support creators, and for creators to monetize with Collects.
Learn how to implement the Multi recipient Fee Collect Module in our dev docs: https://docs.lens.xyz/docs/create-post-typed-data#multirecipientfeecollectmodule
Start using Splits today on @buttrfly.lens , @lenster.lens & @lenstube.lens - with more soon to come!
- Head to our booth at Eth Denver📍regenlandia, claim a POAP, and leave with more Lens knowledge and rare swag 🔥
- Lens BigQuery Public Dataset is Live 🔍
Read more about unlocking new possibilities in our blog
https://mirror.xyz/lensprotocol.eth/L-VyE549sOOdi4nBgos6XNAUgf3H1oErfkAtndU6RHY
Learn how it works in our developer docs
https://docs.lens.xyz/docs/public-big-query
- Find us at ETH Denver
- Cosmic Horizon — a p2e strategy space-trading/conquest MMRPG
There is an interesting new game being developed in the Cosmos universe.
It’s a new p2e strategy space-trading/conquest MMRPG, developed by Qwoyn Studios and powered by the Cosmos SDK.
**Cosmic Horizon** takes inspiration from adventure and strategy games of the 1990s that we all loved to play.
The beauty of it is that it brings this well-established concept into a blockchain so we can use them in our beloved crypto space.
**Community Owned**
Cosmic Horizon is a community-owned project, meaning you can use the power of governance to help decide how to move the project forward.
**DAO**
As you probably guessed from the description above, Cosmic Horizon is a DAO (Decentralized autonomous organization) that enables you to make a real change in the world.
**Gameplay Introduction**
Players of Cosmic horizon start at a Star Mall, where they can purchase and equip a ship, with the help of in-game currency, COHO. Once you own a ship, you can begin exploring vast and far-fetched corners of the galaxy.