prassu (@prasanna) • Hey
don't let your inner child die ✨
Publications
- You can now mint marketplace NFTs directly on your Lens feed
- Lmao
- Lens Protocol data is now live on @lens/dune, created by onchain data explorers @lens/sealaunch!
Check out the charts → https://dune.com/lens/lens-protocol
- Proud of all Lens builders helping to achieve app diversity 🥹
- Everytime @lens/cryptothegame posts a clue
- @lens/cryptothegame most bullish thing for crypto since Bitcoin ETF https://www.axios.com/2024/04/11/crypto-adidas-gaming-partnership
- Everytime @lens/cryptothegame posts a clue
- Proud of all Lens builders helping to achieve app diversity 🥹
- The ethseoul Aave chan stickers are 😭
- $BONSAI will bonsai hit 0.4$
- I love Hong Kong part III
- The ethseoul Aave chan stickers are 😭
- Rare
- We do a lil' #lens art 💚🌈✨
(Assorted animation works minted from 2022-2023)
- Mint Matcha Auto x Optimism
https://zora.co/collect/oeth:0xd12175c64d479e9e3d09b9b29889a36c0942bd4d/1?referrer=0xa5077B834b6C38B0b848ef482127ccaaB598139C
- I just voted "For" on "Request for Continuation of the Arbitrum DDA Program Request" https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x5bede8277e7fe0beef5764d2915d1d1c288fcc47747c6fa576b501f5cb3d6115 #Snapshot
- Since there were some questions about the Airdrop eligibility:
Season 1 Airdrop (10%)
Went out to ~4500 profiles in the @lens/lens ecosystem. To the top profiles ranked by engagement from @lens/karma3labs , who where part of a @lens/orb v1 community or had @lens/madfinance points.
Season 2 Airdrop (15%)
Will be distributed based on usage of $BONSAI in Lens collects, tips, open actions, staking, and providing liquidity. More details on each will be announced as they are rolled out.
You're still early.
https://www.bonsai.meme/#tokenomics
( 100% of this posts $BONSAI collects goes to mirrors. #RainBonsai #PowerOfLens )
- I just voted "YAE" on "[ARFC] Chaos Labs - Update WETH IR on V3 Arbitrum and Optimism - 02.16.2024 " https://snapshot.org/#/aave.eth/proposal/0xef56befdec2abf0bc9611f033c2cec62447f148369a075829664f2de6bc0ae77 #Snapshot
- I just voted on "Q1 2024 Token Listings" https://snapshot.org/#/gmx.eth/proposal/0x7d70cb94128482bcae66e8815ad2cfd04126b702931504c58bdc88e11163c7a4 #Snapshot
- When it comes to Bitcoin, MicroStrategy co-founder and chairman Michael Saylor says he’ll be “buying the top forever.”
The entrepreneur and long-time Bitcoin bull, whose business intelligence firm MicroStrategy is the world’s largest private Bitcoin holder with 190,000 Bitcoin worth $ 9.9 billion, reiterated on Tuesday his intentions to keep accumulating.
- A new version of Family is now available via TestFlight, and it's a big one! We've added support for multiple L2s, including Optimism, Arbitrum, Base & Polygon, tackled numerous bugs, and rolled out several new features like Stealth Mode, Large Balance Display Mode, and more. 💫
- Lens Developer Community Call #5
Featuring @bradorbradley @nader with special guests from Phala Network
Learn more about Open Actions: https://www.lens.xyz/openactions
Other useful links:
https://phala.network/
https://github.com/HashWarlock/scaffold-lens-recipe-action
https://github.com/h4x3rotab/lens-gasless-nft-minter-v2
:red_envelope: https://github.com/kingsleydon/lens-smart-post-red-envelop
https://github.com/h4x3rotab/hookathon-mirror-for-gas
[LIP-8]: Momoka Open Action https://github.com/lens-protocol/LIPs/pull/28
https://github.com/kvinwang/hackathon-lens-actions-autoui
- ERC404: A Wild Ride in the NFT-Crypto Mashup
The world of Ethereum is abuzz with ERC404, a brand new token standard that's shaking things up by merging the worlds of NFTs (non-fungible tokens) and cryptocurrencies. Launched just a week ago, this hybrid beast has already generated a staggering $ 87 million in trades, with the top project, Pandora, raking in over $ 230 million alone.
**What's the Magic?**
ERC404 offers a unique twist: holding at least one token from a project automatically mints you an NFT. Think of it like a two-in-one deal. You get the fungibility (tradability) of a regular token, but also the unique ownership and potential value of an NFT. This opens up a whole new level of liquidity for NFTs, which are typically known for being less tradable than their crypto counterparts.
**Trading Frenzy:**
The ease of buying and selling ERC404 tokens has sparked a trading frenzy. The top three projects – Pandora, MNRCH, and DeFrogs – have collectively seen $ 113 million worth of trades in just 24 hours, grabbing a whopping 12% slice of Uniswap's Ethereum trading volume. That's right, these new kids on the block are already rubbing shoulders with the big dogs!
**But Hold Your Horses...**
This wild ride comes with some hitches. The newness of ERC404 means it's not without its fair share of growing pains:
**Rug Pulls:** Unscrupulous actors have created projects with malicious contracts, allowing them to mint infinite tokens and disappear with investors' money. The infamous "Punks" scam, where a token skyrocketed to $ 20,000 only to plummet to near worthlessness, serves as a stark reminder of these lurking dangers.**Gas Guzzler:** The current ERC404 standard isn't exactly fuel-efficient, leading to spiking gas fees on the Ethereum network. Imagine paying more to complete your transactions – not exactly a recipe for happy users.
**A Glimmer of Hope:**
The developers behind Pandora, the leading ERC404 project, are aware of these issues and are working on a fix. They've promised a 300-400% reduction in gas costs in the next update, which could be a game-changer for user experience and network sustainability.
**The Verdict:**
ERC404 is undoubtedly an exciting experiment with the potential to revolutionize the way we interact with NFTs. However, addressing the security risks and optimizing gas costs are crucial for its long-term success. Only time will tell if this hybrid token standard can overcome these hurdles and become a sustainable force in the crypto landscape. So, buckle up and keep your eyes peeled, because the ERC404 story is far from over!
- Receipts 👏 Proof 👏 Timeline👏 Screenshots 👏Tx hash
- A new report from the UK government and the Bank of England has found that many people are concerned about the privacy implications of a digital pound. The report outlines a number of measures that would be put in place to protect privacy, including legislation that would guarantee both users' privacy and that neither the Bank of England nor the government would control how people spend their money.
The report comes as CBDCs (central bank digital currencies) have become a hot button topic, with privacy concerns being a major issue in both the EU and the US.
Supporters of a digital pound argue that it would improve financial inclusion and efficiency, while opponents say it would pose a threat to privacy and could be used for surveillance. The government has said that it will continue to engage with the public on the issue and will not launch a digital pound without strong safeguards in place.
The article discusses the process that would be required to launch a digital pound, including a consultation process and a debate in parliament. It also notes that the government and central bank are moving forward with the design phase of the digital pound.
Overall, the article provides a comprehensive overview of the current state of play regarding the digital pound and the privacy concerns that it has raised.
- 2023 was inaugural
2024 will be ______
- 2023 was foundational
2024 will be ______
- will BTC ETF approve
- Excited about web3 anime?
This year Galverse is taking you inside the studio!
Meet one of the main characters in our OVA, made in Japan and dropping this year.
Ring is the fearless leader of the Amaterran forces! In the GIF below, you can see the process of developing a character sheet from scratch.
Our character designer, Momo Nagayama, worked with Director Ayaka Ohira to bring Ring to life - starting from a rough sketch, integrating 'redline' feedback from Ayaka, roughing out shadowing and shading, to finalizing color design.
- This should be Grayscale’s moment.
The crypto asset management pioneer broke new ground when it offered the first listed Bitcoin fund, a trust, in 2013.
Yet now, with expectations mounting that US regulators are about to approve the first Bitcoin spot price exchange traded fund, Grayscale may be eclipsed by Wall Street giants such as BlackRock and ARK Invest.
The question now is how Grayscale pivots to a new marketplace crowded with rivals.
Wall S
- The total market size for Bitcoin inscription tokens has grown to $ 1.5 billion.
- ethereum this, ethereum that
- Every collect below is a free NFT point 👇
- The finis are taking their talents to South Beach.
Visit the Lens exhibit at Gateway Miami and mint your own Clem @lens/fini
- no points
- Lens Protocol
- Gm.
Want to know more about what @lens/ruthless is cooking??
Maybe he’ll unveil a bit more in our next Trust Me Bro Spaces
📅 When: Wednesday, December 6 at 1:00 pm EST | 7:00 pm CET
📍 Where: https://app.huddle01.com/nnn-krsl-nun
💼 Connect Wallet: Show off that Lens handle! 🔗
You can join from your desktop or download the app!
- **Blast is a new Ethereum layer-2 blockchain that has attracted a lot of attention in recent weeks. With over $ 594 million in investor deposits, it would be the third biggest Ethereum layer-2 project, surpassing even Coinbase's Base. However, the project has also been met with some criticism.**
**Blast Ethereum layer 2**
One of the main criticisms of Blast is that its marketing has been misleading. Some people have accused the project of using hype and buzzwords to attract investors without actually having a working product. Others have said that Blast's marketing is setting a bad precedent for other Ethereum layer-2 projects.
Dan Robinson, the research chief at Paradigm, a crypto venture capital firm that is one of Blast's main backers, has also criticized the project. Robinson said that Blast's marketing is "cheapening the work of a serious team."
Despite the criticism, Blast has also received some positive attention. Some people have praised the project's technology and its potential to improve the scalability of Ethereum. Others have said that Blast is a necessary experiment in the development of Ethereum layer-2 solutions.
Overall, Blast is a controversial project that has both supporters and critics. It remains to be seen whether the project will be successful in the long run.
- **Blast is a new Ethereum layer-2 blockchain that has attracted a lot of attention in recent weeks. With over $ 594 million in investor deposits, it would be the third biggest Ethereum layer-2 project, surpassing even Coinbase's Base. However, the project has also been met with some criticism.**
**Blast Ethereum layer 2**
One of the main criticisms of Blast is that its marketing has been misleading. Some people have accused the project of using hype and buzzwords to attract investors without actually having a working product. Others have said that Blast's marketing is setting a bad precedent for other Ethereum layer-2 projects.
Dan Robinson, the research chief at Paradigm, a crypto venture capital firm that is one of Blast's main backers, has also criticized the project. Robinson said that Blast's marketing is "cheapening the work of a serious team."
Despite the criticism, Blast has also received some positive attention. Some people have praised the project's technology and its potential to improve the scalability of Ethereum. Others have said that Blast is a necessary experiment in the development of Ethereum layer-2 solutions.
Overall, Blast is a controversial project that has both supporters and critics. It remains to be seen whether the project will be successful in the long run.
- #aave
- Quick reminder: We don't do airdrops, and we'll never ask for your seed phrases in DMs. If you hear otherwise, it's a scam.
Here's a two-step process to get rid of scammers:
👻 Remember this Post
🚫 Block & Report
- **Asset managers like BlackRock and Nasdaq recently engaged with the US Securities and Exchange Commission (SEC) to deliberate on the operational aspects of a potential Bitcoin exchange-traded fund (ETF). One crucial aspect discussed was the method for handling investor exits and redemptions.**
In this meeting, the focal point was redemptions – specifically, how these funds would manage investors redeeming their shares. There's a contention between the SEC's preference for cash redemption, where the fund sells investors' shares and returns cash, and the asset managers like BlackRock and Ark advocating for in-kind redemption. In the latter, market makers receive Bitcoin in exchange for ETF shares, later selling it for cash.
BlackRock highlighted in its SEC presentation that in-kind redemption would involve authorized market participants executing the transfer of Bitcoin from the ETF to investors in exchange for their shares. This method could be more tax-efficient as it bypasses the need for the fund to sell securities to meet redemptions, potentially avoiding triggering capital gains taxes.
Bloomberg Intelligence ETF analysts noted that in-kind redemptions are considered the cleanest structure for both issuers and investors, especially when exchanging underlying assets becomes less efficient.
The SEC's perspective favors cash redemption, as it places the responsibility on issuers to transact in Bitcoin, circumventing the need for broker-dealers in the US, who cannot directly handle Bitcoin, to resort to unregistered subsidiaries or third-party firms. This approach offers fewer limitations for broker-dealers overall.
- Todays colour palette: dark dreams
3 editions
- Last chance at @lens/ethglobal İstanbul to mint your @lens/fini
- 🗝️: 🧠
- We rewrote the code and added some features.
Now go build.
http://lens.xyz/docs
- Rowena Ravenclaw cosplay??🌌
1st photo shows the color✨
My new dress is from: https://www.babyssb.co.jp/en/
- MakerDAO’s $4bn push into real world assets also means a real-world tax bill
- Taking Hamam recommendations for Istanbul