TanyaB (@tanyab) • Hey
WAGMI !!!
Feminist; Atheist | Science; History; Economy | Music; Book; Crypto; Series; Movie
Publications
- 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
- Big thing
- How to grow your Lens account (0 to 500 followers).
Tip #1: What works for big accounts doesn't work for you.
Simple like this.
How many of us are disappointed because what we produce is not noticed, while low-quality content by big accounts gets a lot of comments, likes, mirrors, and collects?
Life could be unfair, but not on this matter.
Big accounts have extensive attention because their content goes to a broader community by default.
A decent or even lousy post could be enough for them to get attention.
So, don't copy strategies from accounts with more visibility than yours. Understand that you are different.
If you want to read the full post, you can find it here: https://luduvigo.substack.com/p/how-to-grow-on-lens-episode-0-to-500
- Have you tended to your Dynamic Lens Garden NFT?
Here are some ways to water it:
* Collect for 20 XP
* Comment for 20 XP
* Create a new post for 30 XP
* Mirror for 30 XP
* Gain followers for 50 XP
Please note that the event will end on Friday, April 28th, and you will be taken directly to the OG role that you have earned for participating in this event.
- Introducing Bonsai, an Optimistic L3 scaling solution, that will process transactions at hyper-scale, and is designed to support the next generation of web3 social users.
Available for Lens devs in closed beta today.
Data availability layers are utilized to prevent storing information on-chain. While content on Lens may include an on-chain transaction, the content data is linked to a data availability location, like Bonsai.
Bonsai serves as a scaling solution that processes Polygon transactions off-chain, achieving hyperscale and reducing costs. Unlike L2 solutions, Bonsai doesn't compress transactions into L1, it sends and stores them on a data availability layer.
The main challenge for decentralized social networks is to ensure that users have control over their content, while still being just as user-friendly as traditional social networks.
Bonsai makes the future of decentralized social possible.
We've worked relentlessly with the @bundlr-network.lens work and Arweave teams to ensure scalability by providing Data Availability (DA) guarantees, allowing the use of Ethereum Virtual Machine (EVM)-supported wallets to save DA logic and facilitating the rapid publishing of data.
Permissionless innovation is at the core of everything we do on Lens. As we approach one year on mainnet (still in beta), we have been blown away by the talent and passion in our dev community but we realize in order to scale to the masses, we need to build new solutions.
Bonsai is currently only being beta tested on @lensterxyz.
We look forward to seeing more applications roll out Bonsai.
Dive into the dev docs here: https://docs.lens.xyz/docs/data-availability-post
Explore: bonsai.lens.xyz
Read our latest blog here: https://mirror.xyz/lensprotocol.eth/3Hcl0dGE8AOYmnFolzqO6hJuueDHdsaCs3ols2ruc9E
- gm @lenster 🌸 fam!
We are excited to announce that our @gitcoin.lens Beta Round for Lenster is live until May 9th. Your support and donations will help us continue to develop and improve our platform. Thank you for your generosity and for being a part of our community.
Let's make #Lenster a success together 💪
https://lenster.xyz/gitcoin
- Gm, travelers!💥
**Yellowstone National Park** is located in the western United States, primarily in the state of Wyoming, and it is known for its geothermal features, including hot springs, geysers, and mudpots. The park is home to over 10,000 geothermal features, including over 500 geysers and around 300 hot springs.
The hot springs in Yellowstone are some of the largest and most colorful in the world. The most famous of these is the Grand Prismatic Spring, which is the third largest hot spring in the world and is known for its brilliant colors. Other notable hot springs in the park include the Morning Glory Pool, the Sapphire Pool, and the Fountain Paint Pot.
It's important to note that while the hot springs are beautiful, they can also be dangerous. The water in the hot springs can reach temperatures over 200 degrees Fahrenheit (93 degrees Celsius), and the ground around the springs can be unstable.
**How cool is that?! Thank you ChatGPT ^.^**
I also would add, when you are planning to visit Yellowstone (as well as any other national park in the US) it’s a good idea to plan well in advance, cuz the later you book the less available accommodation you’ll find and the options would be very expensive, plus it is busy there in summer. If you can’t find anything in Wyoming, It’s an option to book something in Idaho or in Montana, these states are equally close to the park too.
Yellowstone covers a huge territory and it’s possible to drive in through 5 entrances, located on the opposite sides of the park =) so you might want to plan ahead the places to visit.🌟My top picks:
🌟Grand Canyon of the Yellowstone: A stunning canyon with colorful rocks and a waterfall that plunges 308 feet (94 meters) into the canyon.
🌟Grand Prismatic Spring: there’s a hiking trail just on top of Grand prismatic🔥🦋; visit the overlook too: you will see the whole thing from there just like in Nat Geo photo!
🌟Hayden Valley: Excellent place to see wildlife, you will see many bisons there!
🌟Old Faithful: One of the most famous geysers in the world, erupting with steam and hot water every 60 to 110 minutes.
Find your favorite places there by exploring the park, and enjoy your trip!
P.S. let me know if you’re interested in this format of posts?✍️
Xx
Some of my pics here: it's hard to choose 4...
#GM #LMCC #travel #explore
- mood
- I voted early. 🗳️
- gm 🌸
We are excited to announce that @lenster.lens has integrated with @livepeer.lens for video transcoding and faster delivery. Livepeer is a decentralized video infrastructure that enables high-quality video processing and delivery at scale 🚀
With Livepeer, we can now offer our users a more reliable and efficient video transcoding solution and faster delivery to the viewers. This means your videos will load faster and play more smoothly, even with slower internet connections.
Also, we now have an enhanced video uploader where you can choose your desired thumbnail 🖼️ or upload your own 💃
We also want to give a special shoutout to @sasicodes.lens for his invaluable help with the integration 🙏
- https://governance.synthetix.io/vote/ambassador
- Aave V3 Portals kicking off
https://snapshot.org/#/aave.eth/proposal/0xc17bc863a09c72152c1ac25d09fcee4748b58eb2e10e70886e20e77ad4d8fad0
- Gm to those who own their content
- ToDo list below, post everything you want to see being added to apps across the Lensverse or to Lens Protocol itself, we will try to make them happen 👇🪄
- **Hey anon, we’re excited to drop 🌿Wagame $LENS cheat sheet 🤫👇 and with this occasion**
**we’ll give away 1 KoruDAO NFT ($285 on OS) - to enter #LMCC (paid collect 2,85 WMATIC)**
You’ve probably seen countless speculations about “guaranteed” airdrop from Lens - we have come to the conclusion that most likely none of these speculations will end up to be true, our evidence points to something more nuanced than these.
Many assume @lensprotocol is just following the usual airdrop blueprint and will reward anyone who made a couple of posts and has a 2 digit follower count. This narrative has been pushed on tweetr by threadoors to farm engagement - read on to learn what our research revealed **👇**
1️⃣ Lens target business model
2️⃣ Stani’s views on airdrops
3️⃣ Where Lens currently is as a project
Now let’s review each 🔎
**1️⃣ Lens target business model**
If you were at Lens 1st Twitter Spaces last yr you’d notice that the entire chat was about artists + music NFTs. @stani.lens keeps on posting about the same & even reached out to some rappers. He also hired ex-TikTok staff - app known for creative content
Use Lens advanced post search tool by @rickydata.lens and see how often Stani posts about this:
‘Music’ 👉46 posts
‘Rap’ 👉27 posts
..and so on
https://lenster.xyz/posts/0x0102cc-0x01a9
🧠 Conclusion: Lens is targeting indie creatives and wants them to be posting their content on Lens. You, random degen, is not their top priority as poster right now, sorry 🥲. You’re still wanted on Lens, but mainly as collector of their posts
Why target creatives?
Because artists can sell their art as NFTs on Lens and Lens can get a cut from these sales. This is a potential source of revenue that makes their business model sustainable over the long run
Also, if everyone starts buying & selling each others’ posts, it’ll make use of Lens’ key feature - you own your data and are free to monetise it. See the statements made in their Open Letter
Lens = social content marketplace
**2️⃣ Stani’s views on airdrops**
Stani is known as someone who doesn’t like to do airdrops. We think he means “standard” airdrops here that just reward every participant. But he clearly understands the pitfalls of just dropping a token to everyone who interacted with the platform.
🧠 Conclusion: content that adds value > random posts to game the system in the hopes of airdrop
Simply posting stuff on Lens that doesn’t generate any traction (non-viral content) and doesn’t add much value is unlikely to be determining factor imo
Still, Stani is Web3 native & understands that not rewarding early supporters is a lost game, especially for a project that requires social support. We may see some rewards for being early user, we just think that it’s unlikely the MAIN criteria
**3️⃣ Where Lens currently is as a project**
Based on the same Open Letter, Stani has big plans for Lens to challenge Web2 social media giants. If Lens is to take on TikTok & Twitter, it needs many more users than just Web3 natives. They need to reach ‘normies’
https://www.lens.xyz/letter
But right now there’s only 88k Lens handles with a post. Hard to say how many of these are Sybils. Compare this to Twitter and TikTok user base and global reach. We’re still early and normies aren’t here yet
https://dune.com/gm365/lens
🧠 Speculation: expect some creative way to incentivise normies to join Lens. $LENS content monetisation (social mining?). Vampire airdrop targeting top creators on YouTube, TikTok etc? Wouldn’t that be crazy & generate big mainstream buzz?
So what MIGHT happen, based on the above?
🌿 If there’s airdrop, simply minting Lens handle and sitting on it won’t do. This is not ENS
🌿 Creators that managed to generate a following and sales via collects (+those that collected their NFTs) might stand higher chance of rewards
🌿 Buildors (Lenster, Orb, Lenstube etc) might also get allocation just like we have seen with Arbitrum and Optimism Stack. It could be up to the projects then how to use this allocation - some might choose to reward past users, some might choose to do incentives
Other things that Lens might consider in future:
🌿 Introduce monetisation where the more engagement your post gets (via paid collects for example), the more $LENS you get. Similar to liquidity mining but on a social media app. Social mining? Think monetisation on YouTube
Other things that Lens might consider in future:
🌿 As mentioned above - vampire airdrop to creatives with a following on current Web2 social media. They would then have to shift to Web3 if they want to claim their tokens. Would be a big onboarding event for their followers too
Gaming the criteria will be almost impossible, abuse is avoided thanks to @sismo zkdrop - to get an idea how it could look like, check out Sismo Ethereum Influencer ZK-badge:
https://app.sismo.io/twitter-ethereum-influencers
🌿 Being early supporter might still play a role.
But quality posts > quantity, plus focusing on what Lens team is focusing on atm (supporting creatives by collecting their paid posts) might be a better alpha play. So create good paid content or collect it from others
**What action to take if you have no coding skills and aren’t a creative talent?**
🌿 be consistent: try to switch to Lens protocol as your preferred social media platform, interact with other active users daily
Stay tuned, we will drop more opportunities for our subscribers to actively interact on Lens protocol in a fun way - promised!
@punkess.lens has got you covered with the most extensive resource on how to get started on Lens:
https://lenster.xyz/posts/0x0f85-0x1452
🌿 become a collector: most paid collects are fairly cheap <10 WMATIC, a good start is to collect this post! Don’t miss this opportunity, we’ll give away our KoruDAO NFT to 1 lucky collector! #LMMC this post to enter the fair raffle via @lensdropxyz.lens 👇
@korudao.lens is the first DAO owned Lens account, the 282 KoruDAO NFT holders are able to post on Lens protocol from a 10k subs account. The projects was started by the OG’s from @gelato.lens and is currently in the process of finding a consensus between DAO members (=NFT holders) to provide the most value to the DAO over short time goals from individual members. An interesting experiment to say the least and hence the NFTs floorprice on OS is currently at $285.
https://opensea.io/collection/korudao
Below a few more posts you could consider to collect:
Support @lenstaxyz.lens
https://lenster.xyz/posts/0x019086-0x83
Support @rickydata.lens
https://lenster.xyz/posts/0x0102cc-0x01ac
Possible 2in1? @zerion.lens
https://lenster.xyz/posts/0xad5d-0x4c
- ETH Tokyo Music NFT Kickback
Sunday, April 16th @ 21:00
- Gn, frens!💚
I'm happy to post this gal here! We have Lenny, and he's obviously a 'he' so I thought we need a 'she' lenster too - to represent the very important part of our community.🌿
Let's support onboarding and educating about Web3 more women🫶
Price for collection 1 WMATIC ☕️
I called her Lensy =)
- gm Lenster fam 🌸
We are excited to announce the launch of our new Snapshot voting feature. Now you can have your say on important community decisions by simply voting from Lenster.
If you paste any Snapshot URL, it will turn into an interactive widget where you can vote for a proposal. You can also use it with your Lens follower NFTs by configuring Snapshot strategies 🚀
Vote us below if you like this feature 😉 https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718
- Congratulations to the Last 10 lucky winners of the @kaira WL spots giveaway:
@tobidasou @yj92470044 @lumpa @evgenii @0xmike7.lens @backbenchers @70979 @axeon.lens @transistor @lillyofthevalley
To claim your spot, please refer to our Discord channel and open a ticket! https://discord.gg/lensgardennft
Keep an eye out for future announcements.
- 🌊🌊🌊 Lens Updates 🌊🌊🌊
Finally, the mirrors are back! In case you didn't understand what happened, let me explain a bit. Apparently, there were many bots using the mirror 👀 and two weeks ago, it reached a point where it congested the network, and we couldn't publish, make collect, or mirrors. Now it seems to have been fixed, and applications that have the dispatcher activated (which basically means that Lens pays the gas for the transactions) are finally back.
Since we're talking about the dispatcher, Lens released an update with this functionality. Now only high-value accounts will have free transactions, and low-value accounts will have to pay for the gas of all their transactions, such as posts, comments, mirrors, etc. Try making a mirror of this post and see if it charges you or not 👀.
And the last Lens news is that they implemented a filter for notifications. Now, only the most important ones should reach you. I really want to see which notifications you guys get. How has it worked for you? Remember that in some apps like Lenster, you can disable it if you want.
Now let's move on to Wav3s news. In case you didn't notice, the mobile version is now 100% functional, along with Wallet Connect. We also took advantage of the time when the mirror wasn't available to keep improving the application. Now it works pretty well, and we fixed all the bugs we had. So go ahead and make a Wav3 🌊.
A couple of weeks ago, Messari published an article analyzing the Lens protocol. It revealed some interesting facts, such as Wav3s being the fourth most popular application of the Lens protocol in February and March, with a staggering 450% growth, making it the fastest growing app during that period. The article also showed that interactions on the platform increased significantly. Between January and February, the number of posts doubled, comments increased 5x, and mirrors increased 10x! Is it just a coincidence? I don't think so.
And since we're talking about ourselves, we're still raising investment, and we're allocating a percentage so that our beautiful community can invest from 200 Matic. We're doing this on a platform called Syndicate, so if you're looking to invest in the fastest-growing app, now is your chance. In a little while, we'll be doing a Twitter Space to explain a bit better.
And to stay informed and be part of this great community that is growing day by day, join our Discord! 💬👨💻🚀
https://discord.gg/3hJYPaSc3g
- THIS IS NOT A DRILL 🔥🔥🔥
The Uniswap mobile wallet is out of Apple jail and now live 🎉✨
In the app you can:
🔁 Seamlessly swap and send ERC20 tokens on Mainnet, Polygon, Arbitrum, & Optimism
🔔 Get notified when your transactions complete
💳 Buy crypto on any available chain with your debit card
👁️ Unlock your wallet with optional FaceID
☁️ Back up seed phrase manually or with iCloud (don’t worry, we added an extra encryption layer)
💖 Favorite tokens and NFTs
👀 See activity feeds for your wallets & the wallets you follow
🌎 View top tokens by market cap, price charts, or volume
🤝 Connect to any app on Mainnet or L2s with a smooth WalletConnect experience
🔗 Use web3 apps on different networks at the same time
…and so much more!!!
Download our self-custody, open-sourced app today! 👇
https://apps.apple.com/us/app/uniswap-wallet/id6443944476
- We are excited to announce that the Mainnet launch of our @lensgardennft.lens collection will take place on Thursday 23-03-2023 on Polygon. Join us for a unique and immersive NFT experience that connects your activity on the Lens Protocol ecosystem to your NFT, enhancing its value.
Our bots have meticulously created and curated the Lens Garden collection to ensure that each plant is uniquely fashioned for every community member. Lens Garden is the first dynamic NFT collection within the entire ecosystem, and we can't wait for you to explore it.
Lens Garden is a significant milestone in the Lens ecosystem, and we're excited to invite you to participate in this new NFT experience. The collection is a digital asset that evolves and grows with your activity on the Lens Protocol.
Thank you for your continued support of Lens Garden NFT collection. We can't wait to see you at the launch and for you to level up your NFT with Lens Protocol. Stay tuned for more updates and information on this exciting new addition to the NFT space.
- 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
- Limited edition Lens PopSockets available at @ethglobal.lens Tokyo
- If you want, you will find a way.
If you don't want to, you'll find an excuse.
- Follow me
- Mirror
- Collect
=> 0.1 WMATIC reward
- I am addicted to Lens 🍀
It's the only addiction that I never want to quit.
Created by WhaleCode Team 🐋
- Lens Protocol is open, anyone who has a profile can have permissionless access regardless of what application they are using. We believe in supporting content creators and followers who create an engaging environment for everyone.
Some applications use gasless and signless transactions, and we have now introduced eligibility requirements for these features.
While everyone is eligible by default, accounts with low-signal engagement will not be eligible. You can read more about our requirements here. https://docs.lens.xyz/docs/gasless#eligibility-requirements
We are also testing filtering low-signal notifications for a better user experience. https://docs.lens.xyz/docs/users-notifications#api-details
At Lens, we believe that Web3 social should create a better experience than before, by using blockchain technology. We are always experimenting with ways to better our user experience by filtering low-signal profiles and bots. Let’s keep experimenting, our DMs are open for feedback 🧪
- 🔔 Exciting news! We've just added a new toggle to switch between **Quality Filters** & Regular mode for your notifications! 📲 Gain control over the notifications you receive, and tailor your experience to your preferences 🎛️
Give it a try, and share your feedback with us!
- 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 🙏**
- ZM
- @kaira.lens 👀
- "Bear markets give entrepreneurs time. It takes time to talk to users, test, and iterate. There is no such thing as an overnight success." @stani.lens at #ETHDenver w/ John Paller and @vitalik.lens
- I just voted "Yes ser 🙌" on "Do you like the Snapshot integration with Lenster?" https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718 #snapshotlabs
- I gazed at the lovely green.
It was just a grey distance.
The felicitous arrival was seen.
[Mirror and collect to support the Lens Movement. No surprises.]
- 🎉 Amazing news for our non-English speaking friends! We welcome you all to @LensGardenMulti , where we will now be Tweeting in Chinese, Hindi, Spanish, French, Persian, Turkish, and Russian. Keep an eye out for updates in your preferred language! 🌍👀
Now on Twitter and soon on @lensprotocol 🌿🌿
🎉 针对我们的非英语母语的朋友们，我们有一个令人惊喜的消息！我们欢迎大家加入@LensGardenMulti，我们将在其中发布中文、印地语、西班牙语、法语、波斯语、土耳其语和俄语推文。请密切关注您偏好的语言更新！🌍👀
🎉 हमारे अंग्रेजी न बोलने वाले मित्रों के लिए अद्भुत खबरें! हम आप सभी का स्वागत करते हैं @LensGardenMulti पर, जहां हम अब चीनी, हिंदी, स्पेनिश, फ़्रेंच, पर्शियन, तुर्की और रूसी भाषाओं में ट्वीट करेंगे। अपनी पसंद की भाषा में अपडेटों के लिए नजर रखें! 🌍👀
🎉 ¡Noticias impresionantes para nuestros amigos que no hablan inglés! Les damos la bienvenida a @LensGardenMulti, donde ahora publicaremos tweets en chino, hindi, español, francés, persa, turco y ruso. ¡Manténganse al tanto de las últimas actualizaciones en su idioma preferido! 🌍👀
🎉 اخبار شگفتانگیزی برای دوستانی که انگلیسی نمیدانند! ما شما را در @LensGardenMulti به ارمغان میآوریم، جایی که ما اکنون توییتهایی را به زبانهای چینی، هندی، اسپانیایی، فرانسوی، ترکی، روسی و فارسی منتشر میکنیم. با بهروزرسانیهای زبان مورد علاقهتان در تماس باشید! 🌍👀
🎉 İngilizce bilmeyen arkadaşlarımız için harika haberler! Hepinizi, artık Çince, Hindi, İspanyolca, Fransızca, Farsça, Türkçe ve Rusça tweetlerimizi yayınlayacağımız @LensGardenMulti'ye davet ediyoruz. Tercih ettiğiniz dildeki güncellemeleri takip edin! 👀🌍
🎉 Incroyable nouvelle pour nos amis ne parlant pas anglais ! Nous vous accueillons tous sur @LensGardenMulti, où nous publierons désormais des tweets en chinois, hindi, espagnol, français, persan, turc et russe. Gardez un œil sur les mises à jour dans votre langue préférée ! 🌍👀
- 🖼️
- 🛑 Attention, bots and activity spammers: We've got bad news for you! http://lenspicker.xyz built by @lensgardennft has arrived on @lensprotocol & @lenster , and it's ready to put an end to unfair practices in giveaways! 🚫🤖
1/ Introducing @lenspicker http://lenspicker.xyz, our fantastic giveaway tool built on the @lensprotocol! With Lens Picker, you can effortlessly select winners for your Lenster giveaways and add a personal touch with custom filters.🎁
2/ 🔍 @lenspicker versatile filters let you tailor your giveaway perfectly. Choose from options like winner count, minimum followers, minimum posts, & minimum collects to target your ideal audience (Must Follow Filter is always applied). 🎯 The cost of using @lenspicker : 2 MATIC! 📚
4/ 💸 Exciting news for [Specific] @lensgardennft holders! 50% of the revenue generated by @lenspicker will be locked in the community treasury and shared among a FIXED number of holders on a MONTHLY basis. We're committed to giving back to our supportive community!
5/ 🌐 @lenspicker is open to everyone with a Lens handle! This means our community gets to share in the revenue generated by all Lens users who utilize this powerful tool. Together, we're fostering an environment of collaboration and shared success. 🤝
6/ 🔉 Keep an eye out for more @lenspicker announcements and updates. We're committed to enhancing and expanding our platform for the ultimate user experience.Stay updated with all the latest news and developments on @lensgardennft by following us!
7/ 🗣️ We value your suggestions and feedbacks! Join our Discord community to share your thoughts and ideas on Lens Picker. Together, we can make it even better! 💡🌟
- Lens signless transactions are now better, faster, stronger!
You can upgrade your signless transactions on @lenster.lens: https://lenster.xyz/settings/dispatcher
Coming on other community-built applications 🔜!
- nice weather
- The downfall of Terra in May last year stunned the cryptocurrency community. Terra, once a promising ecology, saw its value drop from $40 billion to nearly nothing.
[Do Kwon Ordered To Cease Liquidating Millions In Crypto By Prosecutors | Bitcoinist.com](https://bitcoinist.com/do-kwon-ordered-to-halt-crypto-liquidation/)
According to investigations, former chief executive Do Kwon was at the core of a vast fraud conspiracy. Since then, South Korean authorities have been
- If you buy BTC hear, It is so high risk with ending wave of 5 next degree wave 1. Not grabbing, just do something by your thinking again and again.
- Best frens 💚💜
- I'm saying my piece in the #futureofsocial by signing the @t2world.lens manifesto. Which values do you support?
https://manifesto-app.t2.world/share/clfybx2xv8940441fmcstqqts8j
- LensPort.io designs looks so pleasent, also noticed that Shl0ms is true creator and true collectooor
- Arbitrum had proposed to assign 750 million $ARB tokens to their foundation, but the community rejected the proposal.
Despite the rejection, 50 million tokens have already been sold, as the vote was merely a ceremonial procedure. Not sure why they suddenly need to cover "admin expenses" now after years without having a token.
📍 Follow @justinsunset.lens for Web3 & Crypto updates
- Lens ❤😅
- White Rabbit
- Massive news today: Shanghai Upgrade date confirmed 📆 ⚡️
• 16.5M ETH has been staked so far (~30B USD)
• 25% solo stakers. 30% LIDO. 12% Coinbase.
• Date: 12 April, 2023
🧵 Thread: How do ETH withdrawals work? Who are the stakers? Can all of this affect ETH price?
1/11
• What is the Shangai Upgrade? The road so far
As you know, with The Merge ETH migrated from POW to POS.
In POS, ETH is staked to secure the network. People have been staking ETH since December 2020.
2/11
• What is the Shangai Upgrade? The road so far
Up until now, stake ETH was one-way. Stakers could not withdraw it.
However, LSD solutions such as Lido appeared and allowed people to mint tokens such as stETH which are close to 1:1 trading, enabling staked ETH liquidity.
3/11
• What is the Shangai Upgrade?
The Ethereum network is set to upgrade in Apr 12th 2023.
The upgrade will bring changes to the network, including the ability to withdraw staked ETH, worth 30B USD.
Not all ETH would be able to be withdrawn at once.
4/11
• Who are the stakers?
Lido: 29%
Solo stakers: 25%
Coinbase: 12%
Kraken: 7.5%
Binance: 6.1%
Others: 20.4%
5/11
• How much ETH will be withdrawn?
Not all 15M ETH can be withdrawn at once. There is a queue for validators to gradually unlock it.
There are two types of withdrawals, partial and full.
6/11
• Withdrawal types
1. Partial: only interests out, not capital (staked ETH). Maximum amount of ETH possible to be taken is 1M or 1.6B USD
2. Full: interests + capital. Rate limited to only 54,000 ETH/day
(7 validators/epoch. 225 epochs/day) | (24*60)/6.4*7*32 = 54,000
7/11
• Sell pressure
With 50,400 max ETH withdrawable per day, that's 80M maximum potential sell pressure daily.
Last 24hs ETH trading volume was 9B according to CoinGecko.
80M is less than 1% ETH's last 24hs trading volume.
8/11
• LSD = Liquid Staking Derivatives
We also need to consider that ~57% of ETH stakers have liquid access to their ETH thanks to solutions like Lido or Rocketpool.
So these people could have sold long ago, they did not have to wait until April 12 like the other 43%
9/11
• ETH issuance in POW?
Before The Merge, block reward was 2.2 ETH per block. At an AVG rate of 15 seconds/block, that is around 11,500 ETH per day.
10/11
Some of the information from this thread was taken from this report by Binance Research: 🔗 https://research.binance.com/en/analysis/ethereum-shanghai-upgrade
And Dune: 🔗 https://dune.com/hildobby/eth2-staking
11/11
Final thoughts on Shanghai
• The Shanghai Upgrade is a crucial step in the development of the Ethereum network.
• It might cause some price movement in the short term, but for me it is bullish for the ecosystem long term.
ETH has been deflationary in the last 7 days.
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- Booooom 💥💥💥 #LENS $500 SOON
- Beautiful Day