KKnightweb3 ◱ ◱ (@lotus_din) • Hey
Hi This is KKnightweb3
I share related to web3
Publications
- If you want…
- Let's Make Friendsgiving, Not FOMO 🦃
**🫂 💕 Make Friends, Not FOMO #MFNF**
**{ PRESS START }** Collect this free post on @lens/lensprotocol to skip the app waitlist.
Available for 48 hours⏳
- Last chance at @lens/ethglobal İstanbul to mint your @lens/fini
- When Lily met Poppy at @lens/ethglobal İstanbul
Find the team on the ground to mint your exclusive @lens/fini
- I just minted Dune Zorbs
https://zora.co/collect/zora:0xd4fbb6ee19708983b4a2ba7e6e627b94da690a3e/1?referrer=0xf2c43e7F7772144FA9F025b4572BAfBc0A1C0bc2
- Lenny is heading to Devconnect and @lens/ethglobal İstanbul
- 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!)
- @bradorbradley.lens the squirrel whisperer #SummerOfLens
- I just minted Reveel - Introducing V2 using The Box 🟪 on @decentxyz! https://hq.decent.xyz/10/Editions/0x0A7AD1eafE5586787f217F5c57684a4494B0D5a5
- COLLECT THIS POST
- I just contributed to the 🕯️ KZG Ceremony 🕯️ using 0xf2c43…0bc2 to help scale Ethereum
↓ Add your own randomness ↓ ceremony.ethereum.org
- hello summer
- Drum roll, please 🥁👻
We're excited to reveal our 7️⃣ grant recipients for May!
Keep reading to explore how each team is impacting @aaveaave.lens & @gho.lens. Let's get started... ⬇️
**1️⃣ Sommelier Finance**
Sommelier Finance is enabling the creation of state-of-the-art DeFi strategies that leverage Aave v3. Their Real Yield ETH vault by Seven Seas Capital and DeFine Logic Labs has already directed close to $5M to v3 for leveraged staking.
**2️⃣ Liquidation Backtesting Tool by @wardenfinance.lens**
Building upon their previous dashboards to enable anyone to simulate historical liquidation profitability for all Aave assets and deployments to validate the robustness of liquidation penalties.
**3️⃣ Xenophon Labs**
Xenophon Labs will perform an analysis of the Aave Safety Module and deliver a:
🧪 Research paper that determines an optimal value for the slashing percentage.
⚖️ Forum post — and governance vote, once the SM requires it — to optimize the slashing percentage.
**4️⃣ Mosaic**
Mosaic will continue building their data analytics platform, including provisioning Aave Liquidity data, creating a model from that data, and generating insights from the activity of Aave LPs.
**5️⃣ Console by Brahma**
Console will help to onboard users to Aave, improve security, and enable non-custodial asset management. Console will streamline the @gho.lens minting and position rebalancing process by leveraging Safe and @gelato.lens.
**6️⃣ DeFi Simulator**
DeFi Simulator will internationalize its Aave debt simulator to allow people across the globe to understand their Aave health factor and borrowing power in their local language and currency.
**7️⃣ Credit Delegation Marketplace by ProtoFire | Milestone 2**
The second milestone for ProtoFire.io's Credit Delegation Marketplace built on Aave using a peer-to-pool model. Current progress is visible in their Github.
👻👻👻👻👻👻👻
Congrats to all the grantees! We're proud to have you as a part of the Aave Grants DAO fam 👻
Check out our full May update and explore past grant recipients on the governance forum: https://governance.aave.com/t/agd-renewal-4-recent-work-updates/11585/5?u=0xbilll
- See through our Lens
- 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 "Stargate x Galxe: Optimism Ecosystem Growth Grant" https://snapshot.org/#/stgdao.eth/proposal/0xda01dacad76bf6559fcd16cf947f23dd4ee3459e1d08aa6325b17a573733d039 #snapshotlabs
- Starknet is a Validity Rollup Layer 2. It provides high throughput, low gas costs, and retains Ethereum Layer 1 levels of security
Analogy to Understand Starknet
Starknet scales Ethereum by replacing heavy L1 computation with lighter (hence cheaper) L1 verification using STARK proofs computed off-chain.
Here's a useful analogy. You're given a Sudoku puzzle and your job is to convince people that the puzzle has been solved. In this instance, it's much easier to verify a solution than it is to solve the entire puzzle from scratch.
The same is true for computing, we can save a lot of computation by having one person compute a solution and then propagate it for others to verify.
How it works
Bear with us while we explain the concept in greater technical detail.
Starknet is a permissionless Validity-Rollup (also known as a “ZK-Rollup”) that supports general computation and currently operates in production as an L2 network over Ethereum.
The eventual L1 security of Starknet is ensured by its use of the safest and most scalable cryptographic proof system – STARK.
Starknet contracts are (for the most part) written in the Cairo language – A Turing complete programming language designed for STARK proofs.
Reference: Layer3
- I just voted "YAE" on "[ARFC] Deprecate Aave V2 AMM Market" https://snapshot.org/#/aave.eth/proposal/0xc0be2141c5623d9233228b715def014050b5e224a6f8ec2c5ea67a15ba5cd8cb #snapshotlabs
- I just voted "For" on "[GP5] Galxe Contributor Program Rewards Extension (Q2-Q3 of 2023)" https://snapshot.org/#/gal.eth/proposal/0x83d559739e15f77268dd57e2a95127082608086746250e106fc30d42253234a6 #snapshotlabs
- Gm
- You've received an invitation to join "Asset Million Arthur"
Register as a new player and fulfill the requirements to get achievements from each other!
Register your invitation code and buy at least one sticker to brag to your friends!
Invitation code: "URhf0JJM1m
▼ Click here to visit the official website.
shisansei.million-arthurs.com/lp
#NFT #Asset Million Arthur
- Ultra-low transaction costs with high security. Nova powers dapps with high transaction volumes that seek to drive costs even lower.
Who Is Nova For?
Game Developers
Nova is perfect for games, where user actions can mint items on-chain at a high frequency, from currency to personalized assets.
Social Projects
Reddit's Community Point system is built on Nova, where social applications with many levers for on-chain applications are right at home.
Blockchain dApps
From NFT ecosystems with high volume requirements, to other projects open to off-chain data storage, Nova suits a wide variety of use cases.
Why Nova?
Strong Security Guarantees
Nova enables ultra-low transaction fees through a new security model that relies on a Data Availability Committee (DAC).
• Sequencer batches and compresses transactions
• Certificate of Data Availability provided by Committee
• Fallback to Arbitrum Rollup
Arbitrum One vs Arbitrum Nova
Nova is different from Arbitrum One in that the Data Availability
Committee receives the transaction data first, with the data going on-chain only if the committee fails. It makes the assumption that at least two committee members are honest.
Reference: Layer3
- I just voted "YAE" on "[ARFC] Add MAI to Optimism Aave V3 pool" https://snapshot.org/#/aave.eth/proposal/0x5c5de0a7cb87170f6b0f28da20c079f9c89350125fffa9f80e0f60cc3c9d43ea #snapshotlabs
- I just voted "YAE" on "[ARFC] Add MAI to Arbitrum Aave V3 pool" https://snapshot.org/#/aave.eth/proposal/0xef9654757a0d1aaec6f970f444ce54cfb2d6c2af0ccbfeb9a182acd51919453c #snapshotlabs
- What is OT?
OT is a new DeFi protocol that allows single token liquidity pools instead of pool pairs. It groups deposited tokens into a virtual pair with the native OSD stablecoin. Single token liquidity pools are more capital-efficient, resulting in a more optimized experience for all participants, including traders, liquidity providers, and third-party projects.
Problems OT is trying to solve
OT aims to solve high capital costs for project launches, high slippage on traditional AMMs, inefficient capital usage, convoluted smart contract routing resulting in high trading costs for indirect pairs, and overall fragmentation in DeFi. OT enables users to enjoy an integrated DeFi user experience by combining lending/borrow pools with swap pools and providing single token liquidity pools.
Reference: Layer3
- Socket is a complete interoperability stack which allows asset & data transfer across chains, enabling developers to build truly cross-chain apps.
Socket is a complete interoperability stack which allows asset & data transfer across chains, enabling developers to build truly cross-chain apps.
- good night
- I just voted "For" on "JP-23: Open MIM-USDT market on Liquidity Book (Avalanche)" https://snapshot.org/#/joegovernance.eth/proposal/0x56416c217c92cb174b0dffc601e68de8e2e6e98a5b89a406873e69eeb50fd652 #snapshotlabs
- I just voted on "GXV V2: Interface & Market Paramaters" https://snapshot.org/#/gmx.eth/proposal/0x4bb2ac5546101e39ea0a0a11a689e967c8720814e5ca804d112bd55cc4072d0c #snapshotlabs
- I just voted "Option 2" on "[Temp Check] - Community Preference for Supply Cap Limits for LSTs" https://snapshot.org/#/aave.eth/proposal/0xf9261916c696ce2d793af41b7fe556896ed1ff7a8330b7d0489d5567ebefe3ba #snapshotlabs
- I have a simple question to everyone.
What is your favorite token?
- Slingshot Wallet is a multichain DeFi wallet for swapping crypto at real-time prices, with 0% swap fees.
Use Slingshot Wallet to discover and swap over 50k cryptocurrencies on supported networks like Polygon, Arbitrum, Optimism, Ethereum Mainnet, Binance BNB Chain, and Canto.
Reference; Layer 3
- I just voted "Confirm Proposal" on "GMX V2: Chainlink Oracles" https://snapshot.org/#/gmx.eth/proposal/0x71cf8eefa2b242043e1335fbbe11c8830ff5a40c3ad067865eadea1312525769 #snapshotlabs
- I just voted "Yes" on "Make Velodrome the STG Hub on Optimism" https://snapshot.org/#/stgdao.eth/proposal/0xf980d6deed62c3d77dd055963724b9d07ea0f383a2142703e5581c8e751b06ad #snapshotlabs
- SpaceFi Overview
SpaceFi is a cross-chain web3 platform on Evmos and zkSync with DEX, NFT, Starter, and Spacebase products. Its vision is to connect the Cosmos and Ethereum Layer 2 ecosystems, exploring asset cross-chain and interoperability solutions. SpaceFi aims to create an integrated, sustainable system where users can trade, earn, mint, stake, create/join spacebases, and invest in projects.
Tokenomics and Incentives
SpaceFi has a community-driven, dynamically evolving tokenomics with an initial supply of 60M STARs. Its deflationary mechanism includes buybacks and burning of tokens. Airdrops and incentives are provided to delegators, testnet participants, ecosystem contributors, and early liquidity providers. SpaceFi also incubates projects to help build the Evmos and zkSync ecosystems.
Community and Roadmap
SpaceFi is building an open, creative, and mutual web3 community called 'Spacer.' Members can join on Crew3, contribute to the Space Forum, and participate in governance. SpaceFi's roadmap aims to make it the first project connecting Cosmos and Layer 2 ecosystems by launching on Evmos and zkSync mainnets and integrating other EVM chains in the future.
Reference: Layer3
- What is Cosmos?
When it comes to decentralized finance, the networks that make it run are divided into layers. What lies below Layer 1 blockchains are made up of stalwarts such as Bitcoin or Ethereum. Layer 2 networks comprise next-generation projects such as Aribitrum. And Layer 0 networks may be the least understood.
Cosmos is a key Layer 0. It connects different blockchains into a meta-blockchain system. On Layer 0, a smart contract on one network may execute a transaction on another. This blockchain interconnectivity is at the heart of Cosmos. Moreover, Cosmos provides a framework to build blockchain networks themselves.
Why should I use Cosmos?
Cosmos solves three primary problems in blockchain: sovereignty, scalability, and sustainability.
Sovereignty: The Cosmos SDK is free for developers and allows them to build sovereign blockchain apps without ongoing costs.
Scalability: No matter how many transactions per second a blockchain can claim, in Cosmos, developers can always improve throughput with horizontal scalability.
Sustainability: Cosmos blockchains use an efficient Proof-of-Stake (PoS) consensus algorithm for securing the network.
What is the Cosmos Hub?
The Cosmos Hub is a blockchain that serves as the economic center of Cosmos.
The Hub provides valuable services to the blockchains connected to it, including the largest interchain token exchange, shared security through interchain security, bridges to Ethereum and Bitcoin, and secure custodianship of digital assets.
The Cosmos Hub’s primary token is ATOM.
Is Cosmos a competitor to Ethereum?
No, Cosmos embraces Ethereum and creates bridges between both ecosystems.
An application-specific blockchain is a blockchain customized to operate a single application, created from scratch instead of building on top of an existing blockchain.
[How to Set Up Keplr Wallet (Extension) | For Beginners](https://www.youtube.com/watch?v=cmxx_hIulz8)
Learn how to set up your first Keplr Wallet (browser extension) with this step-by-step tutorial.⬇️ Table of Contents ⬇️0:00 Intro + Download Official Extensi...
- Celebrate the Shapella Upgrade with us on OKLink 🎉
[Ethereum Shanghai Upgrade(EIP-4895) | OKLink](https://www.oklink.com/eth/shanghai-upgrade)
After The Merge, Ethereum Shanghai upgrade(EIP-4895), major in Ethereum's development roadmap, enables ETH stakers to withdraw tokens and resolves the withdrawal functionality issue.
- Jumper on Zealy is coming soon
Let’s join it!!!!
[Zealy - Join the movement](https://zealy.io/)
A simple, fun & creative way to join trendy communities, make an impact and earn rewards.
- I just voted "YAE" on "[TEMP CHECK] - Whitelist Stargate for V3 Portals" https://snapshot.org/#/aave.eth/proposal/0xc17bc863a09c72152c1ac25d09fcee4748b58eb2e10e70886e20e77ad4d8fad0 #snapshotlabs
- I just voted "YAE" on "[ARFC] Aave V1 Offboarding Plan" https://snapshot.org/#/aave.eth/proposal/0x569a161ff9e3684ad5fd767b72639a389ed6f58a838a3ab1b57ccd309058e026 #snapshotlabs
- I just voted "YES 50% max increase per 5 days" on "Risk Stewards Phase 1: CapsPlusSteward" https://snapshot.org/#/aave.eth/proposal/0xc882bf5f0f0f801591bfd5f0273388ea154654220f472aa4a06fd1fe6b94bb53 #snapshotlabs
- 0VIX is a Decentralized Finance (DeFi) liquidity market protocol, built on Polygon. It enables users to effortlessly lend, borrow, and earn interest with their digital assets
Depositors on 0VIX
Depositors providing liquidity to the protocol may earn passive income, while borrowers can borrow using over-collateralization.
As Ethereum experiences congestion and high fees, 0VIX offers a suite of DeFi products on a scalable, decentralized platform running on Polygon.
Focusing on approachability, ease of use, and low fees, 0VIX aims to democratize access to decentralized finance through permissionless lending and borrowing.
Why 0VIX
With 0VIX, users can instantly supply or withdraw assets from a shared liquidity market, borrow from any liquidity market using supplied assets' value as collateral, and have a transparent view of interest rates based on a given asset's market supply and demand.
Health Factor
The Health Factor is a numeric representation of the degree of safety of user assets deposited as collateral. A higher value indicates that the user's funds have greater safety from liquidation.
If the Health Factor drops below 1, a portion of the user's collateral can be liquidated. The Health Factor of a user's funds is in a dynamic state and depends on the liquidation threshold of the collateralized position against the value of the loan.
Health fluctuations
The Health Factor represents how “safe” a loan is, defined as the proportion of total supplied collateral against the total value of the loan. It increases or decreases based on the value fluctuation of the user's supplied asset value against the user's borrowed value.
A Higher Health value improves the user's collateral safety and borrow position.
A Lower Health value worsens the user's collateral safety and borrow position.
Having the Health Factor below 1 results in the potential liquidation of a portion of the user's collateral.
Borrow Limit
Borrow Limit represents the percentage of the maximum amount a user can borrow, based on the value they have deposited as collateral and the available liquidity.
Improving the Health Factor
To improve the Health Factor, users can:
Repay a portion or the full amount of the borrowed amount
Add more collateral under "Supply"
Reference: Layer3
- I just voted "For" on "JP-22 : Open a ankrAVAX-AVAX Market" https://snapshot.org/#/joegovernance.eth/proposal/0xd6f8bc90ca4bb45ccf82ab9214daffcf5a5bbadaabd9762c87018dd4f0934894 #snapshotlabs
- 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 "Yes" on "Create a Secure UniswapV3 Oracle for STG with Arrakis PALM" https://snapshot.org/#/stgdao.eth/proposal/0x9b511ccf8bd097176255da63725877de9f80caeea8a28256ff50dfad10a3820d #snapshotlabs
- Good night
- Ethereum's Shapella Upgrade is here, marking the completion of Ethereum's transition from PoW to PoS consensus. Let's explore explore what this means for the Ethereum community.
Shapella = Shanghai + Capella, combining the implementation of changes at both the execution and consensus layers.
Shanghai creates a new transaction type for stakers to withdraw validator balances, while Capella enables the Beacon Chain to accept withdrawal requests.
Shapella enables Ethereum stakers/validators to withdraw their deposits from the Beacon Chain for the first time.
This upgrade has significant implications for ETH and the staking landscape, potentially leading to a "staking supercycle" as staking becomes less risky.
The first step towards PoS was the "Merge," which happened in September 2022. It combined the Beacon Chain with the old PoW Ethereum chain. However, staking was still a one-way street—depositing ETH was possible, but withdrawing wasn't—until today.
Ethereum users won't be impacted by Shapella; they can continue transacting as usual. However, solo stakers and validators can now claim rewards and withdraw their stake, marking a significant shift in the staking landscape.
Will ETH dump after Shapella?
While some portion of the newly withdrawable ETH might be sold, it's expected that the majority of staked ETH will be restaked rather than sold. Shapella is seen as a "bullish unlock" that could lead to more ETH being bought and staked.
Currently 576,000 Validators on the Ethereum Beacon Chain.
- gNFT on Linea is revealed.
It is first collateralized and cross-chain interoperable NFT.
Claiming gNFT is FREE AND EASY.
Let me share my referral.
[ghostAirdrop | FREE Sign-up](https://airdrop.ghostchain.io/#/linea/0xf2c43e7F7772144FA9F025b4572BAfBc0A1C0bc2)
Claim your first FREE gNFT and refer friends to earn INSTANT AND FREE GMV rewards.
- WOOFi launched the first one-click cross-chain swaps powered by Stargate in June 2022. Since then, over 100,000 cross-chain swaps have been executed through WOOFi.
Why WooFi?
Following recent upgrades and the addition of WOO liquidity pools on Stargate, WOOFi cross-chain swaps are now faster and more efficient.
It now supports 7 chains and a host of assets that include WOO, ETH, BTC.b, OP, USDC, BNB, MATIC, AVAX, FTM.
Reference: Layer3
- Can't believe it's already been a year since the awesome open-source project #Lenster was born at the #LFGrow hackathon!
Thanks to the incredible contributions from our community, Lenster has amassed over 18k+ stars on GitHub and trended more than five times! We couldn't have done it without you.
Huge shoutout to everyone who's contributed to this community-driven initiative.