Kmets (@kmets) • Hey
Hi I'm Kmets. I like to learn about all things regarding Defi and Crypto. I love making new friends...please say howdy! :)
Publications
- C’mon @lensprotocol you got this! 🚀🚀🚀
https://buttrfly.app/post/0x01-0x01ff
- **Introducing Lens Protocol V2**
Lens Protocol V2 – the next chapter in the evolution of Lens. V2 brings even greater control to builders and integrators as well as people exploring web3-powered experiences. Lens V2 retains its characteristic open design space that gives developers and integrators the choice.
Join us in shaping the future. Dive into the Lens Protocol V2 Open Source Codebase on Github: https://github.com/lens-protocol/core/tree/v2
Explore all the latest V2 features in our latest Mirror post:
https://mirror.xyz/lensprotocol.eth/-hJH-2IYSe56rK7IEdwSI17hUWt-paTyAs1r4Zes0uQ
- ⚡️ ✨ ⚡️ ✨ ⚡️ ✨ ⚡️
You can now see how many Lens invites you have in Buttrfly
https://buttrfly.app/post/0x01-0x01f6-DA-c6b0dd1f
- V2
- The highly anticipated AIP to deploy @gho.lens on the Ethereum Mainnet is now live.
Voting opens in 24 hours.
Read and discuss here: https://app.aave.com/governance/proposal/?proposalId=268
- One year of work has come to a governance proposal for the Aave DAO to vote whether to activate the Aave native, overcollateralized GHO, that will empower DeFi and beyond 👻
- This is probably the most concise description of Lens I’ve ever read!
https://orb.ac/post/0x01-0x01ee
- There are two types of countries:
1. Those that use the metric system
2. Those that have landed on the moon
😉
Have a safe and happy Independence Day my fellow Americans! 🇺🇸🍔⚾️🎇
- Is Lens good for posting alpha?
- Sam Altman style before and after. I don't trust a man in a suit but I do trust a man in cargo shorts
- Latest article in my Substack about Frax Finance.
https://open.substack.com/pub/kmets/p/the-flywheel-an-exploration-into-968?r=1bu1s7&utm_medium=ios&utm_campaign=post
- I just voted "Support Crypto" on "We want to innovate in America" https://snapshot.org/#/crypto435.eth/proposal/0xf9628ebee2878f5667aa018537eda2266c085d58772bd6ee562899189657c07e #snapshotlabs
- The Llamas are finally on Lens! We are so stoked to be here. To the future of the Curve Ecosystem!
- The @CurveFinance newsletter $CRV
🔷@0xconcentrator wants to be whitelisted
🔷 Stay safe with @LlamaRisk
...
And A LOT more inside:
https://cryptouf.substack.com/p/whatup-on-curve-121
- You are lost ? ... You can't follow everything and stay up to date with @CurveFinance ?
Easy ! Just subscribe to the newsletter (it's free !) $CRV
https://cryptouf.substack.com/p/whatup-on-curve-119
- Binance Looks Beyond The Dollar For Stablecoin Replacement
https://www.forbes.com/sites/digital-assets/2023/02/18/binance-looks-beyond-the-dollar-for-stablecoin-replacement/?sh=43d09d046820
Summary for crypto investors:
Binance, the world's largest cryptocurrency exchange, is considering alternative stablecoin formats, pegs, and partners after the impending demise of the Binance USD (BUSD) coin, which has been effectively canceled by U.S. regulators.
Binance CEO Changpeng Zhao said that the company is exploring non-USD based stablecoins, but such a pivot may prove difficult, as nearly all prominent stablecoins remain pegged to the U.S. dollar.
The New York Department of Financial Services ordered cryptocurrency firm Paxos to stop creating more tokens after issuing and listing an Ethereum blockchain version of BUSD, citing obligations for "tailored, periodic risk assessments" and due-diligence checks on Binance.
- Happy Thursday and have a nice day for my followers. Follow me and mirror this, you'll get something.
- Lens and Phaver on Cointelegraph today 👀
“Many are right now looking for alternatives for Twitter, and it's a great opportunity to shift to more ethical Web3 options, but onboarding is still very restricted. Phaver helps with that by providing a "Web2.5" starting point where anyone can access and follow the Lens content and be waitlisted for their very own profile NFT.”
– Joonatan Lintala, CEO, Phaver.
[How to experience Web3 social through Lens Protocol?](https://cointelegraph.com/news/how-to-experience-web3-social-through-lens-protocol)
Social media platforms feel the heat as users want more control over their data. Can Web3 help?
- In order to better understand the DeFi & its innovative protocols, more or less complex, I analyze and synthesize the functioning of the protocols in collaboration with the teams
This week I synthetize the funtionning of Liquity protocol.
1) The users open a trove to mint $lusd (stable $) (> 2000$) against collateral $eth, they can close it at any time by repaying their debt in full
2) When 1 $lusd < 1$, users can swap 1 $lusd / 1$ $eth
3) The $lqty holders stake (or unstake) their $lqty to earn $lusd & $eth from borrowing & redemption fees
4) The liquidity providers deposit $lusd in the stability pool to over collateralize users’ troves earning $lqty
5) The liquidators close out liquidating troves (collateral *1.1 > debt) & earn 0.5% of collateral $eth
6) Liquidity is fully automated: the parameters cannot be changed. The troves mint $lusd, are collateralized by $eth and the stability pool over collateralizes the troves
7) Recovery mode kicks in when the total collateral ratio (TCR) of the system falls below 150%, there are several variants depending on the events (see diagram) but stay above 150% collateral and everything will be fine
What I liked about Liquity:
- has no governance: the parameters are defined at the time of deployment
- can be deployed on a multitude of frontend operators, so censorship resistant
- As a borrower, you don't have to worry about debt accumulation because the interest rate is zero
- Vitalik on the problem with the crypto space
#bytes
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
- Learned about basic fundamentals and features of @LensProtocol on the @orbapp.lens app, and got a dope NFT 🌿
#orb #orbapp #orbsbt
- My recent post on what in the Ethereum application ecosystem excited me:
https://vitalik.ca/general/2022/12/05/excited.html
- Hi @latasha! Thought I’d send you a post so that you know what it’s like to get a message. I posted this on the mobile app @orbapp, but Phaver is a really good mobile app too! Nice to meet you and have you here!
- I just voted on "CLever Booster Program (Tranche 2)" https://snapshot.org/#/veclev.eth/proposal/0x431d71604480e699732f341d5b2b5bbe58d7be26875dc771f901e37134a1dd1a #snapshotlabs
- The more I research Frax Finance, the more impressed I am of their DeFi product stack.
Each vertical is embedded with innovation & meticulous strategic planning
I cover these in my full 36 page report on Frax published for FREE below ⬇️
https://twitter.com/wintersoldierxz/status/1599035814281121794?s=46&t=sNfXU1-phD2lWIYU-xMjBQ
- Weekly Recap
Kyla Scanlon has everything you'll need to know from this week in cryptos
#bytes
- Frax finance's staked $ETH performance has been nothing short of spectacular in the past 30 days.
~500% TVL growth. 9.3% APR (vs 5% on @LidoFinance). All this during one of the worst months in crypto history.
Here’s how they did it.
#FraxFinance #LiquidStaking #Ethereum
https://twitter.com/WinterSoldierxz/status/1597618624549728256?s=20&t=I4eJXjikwimv2Tfq3LZeXw
- Ok so @orbapp is essentially all the great things about bird app and none of the bad. The @lensprotocol ecosystem is gonna be something else!
- Learned about basic fundamentals and features of @LensProtocol on the @orbapp.lens app, and got a dope NFT 🌿
#orb #orbapp #orbsbt
- Whoa! Hey @curvecap.lens... i'm sending this post to you from lenster but also cross-posting to twitter...so glad you made me aware of this feature! Wish I could also tag you on twitter too from lenster but I can't figure that out...oh well who cares. ;)
- Whoa! Hey @curvecap.lens... i'm sending this post to you from lenster but also cross-posting to twitter...so glad you made me aware of this feature! Wish I could also tag you on twitter too from lenster but I can't figure that out...oh well who cares. ;)
- Whoa! Hey @curvecap.lens... i'm sending this post to you from lenster but also cross-posting to twitter...so glad you made me aware of this feature! Wish I could also tag you on twitter too from lenster but I can't figure that out...oh well who cares. ;)
- I have setup my lenster so that my posts' here also mirror on Twitter. This is a test post to see if it worked! Also, I'm making cast iron pizza tonight for dinner!
- Why hello there friends!