Artist (@varna) • Hey
btc
Publications
- To commemorate the milestone with @lens/lens, we collaborated with Nic Hamilton on this special artwork.
Mint it for free on @lens/orb!
- I just voted "Yes" on "Stargate V2" https://snapshot.org/#/stgdao.eth/proposal/0x1c55529c8df43cc97591696a135a7b82af27fb8c58a09cf0bdc80aa29310d27d #SnapshotVote
- #GN pet lovers! 🐾 Here I present you my chocolate sausage dog 🌭 named “Chicho” he’s 6 months old and very energetic ⚡️
- WTI
- good
- ههعییی
- When Lily met Poppy at @lens/ethglobal İstanbul
Find the team on the ground to mint your exclusive @lens/fini
- [Collectible]
Do you already have your Optimistic Super Lenny? 🤔🔥🔥🔥
is a beautiful FREE MINT digital collectible available to everyone 🍀.
here: https://www.cryptomusicarecords.io/optimistic-super-lenny
By minting "Optimistic Super Lenny"
you will have a place in the whitelist of DURYXON LEGIONS the newest production of @brauxelion
About DURYXON LEGIONS
NFT music immersive collection
Rarity: Legendary,
NFTs: 3 pieces,
Type: Editions,
Value: 3 rare versions of one song,
Utility: Music Immersive experience
To subscribe to the allowlist and secure a reduced price, make sure to visit the following link and follow the contest's pace. It only takes a few minutes and a few clicks.
https://www.cryptomusicarecords.io/duryxonlegionsallowlist
When is the release of DURYXON LEGIONS?
This coming September 14th 🤯
MINT PARTY:
Save the date [ https://twitter.com/i/spaces/1mnxeRNWrYaKX ]
So don't wait any longer, mint your Lenny and join the DURYXON LEGIONS pre sale allowlist
🔥🔥🔥🔥
DURYXON MUSIC
Here's the music video to immerse yourself in the narrative universe of this experience.
https://www.youtube.com/watch?v=YV1DVK3Uh8A
POWERED BY: @cryptomusicarecords + @wav3s + @Malbec
- *pretends to drop phone in shock*
It's finally happening!🤯 The rumours were true!
Your FAV social game is going mobile! Yep, LensJump is now MOBILE FRIENDLY!📱🤠
The wildest desert adventure is just a tap away🌵
🚨LIMITED SPOTS AVAILABLE FOR EARLY ACCESS 🚨 - https://lensjump.umso.co/
0.25 MATIC for our followers who mirror ❤️
- Today is a fantastic day for our team and all the ZURF enthusiasts out there because our token's first liquidity pool is now live on Uniswap! 🚀
If you haven't jumped on the $ZURF train yet, this is your golden ticket! 🎫 And for those who already have ZURF and are thinking about parting ways, well, think twice! But if you're feeling adventurous and want to make that "interesting" choice, you can sell right here. Just shoot us a message so we can maybe snatch it up at a better price and join the moon mission. 🌕
Get ready to HODL with all your might! Here are the official links:
Liquidity Pool Link
https://app.uniswap.org/#/tokens/polygon/0x232804231de32551f13a57aa3984900428adf990 🚀🌕
Contract Link:
https://polygonscan.com/token/0x232804231dE32551F13A57Aa3984900428aDf990
- This weekend, lil' nouns visited the Taj Mahal!
They saw a flying goat, double rainbows, the amazing king pepe chilling in the pool next to a vending machine with all his favorites snacks...!
What else do you spot?
The Taj Mahal picnic was a LOVELY place to photobomb using #cc0 pixel art by Lil'nouns!
#Lilnounsphotobomb powered by @lenspostxyz.lens >> Do you wanna get ALPHA Access?
JUST MIRROR and FOLLOW US!
- 😁GM guys
I'm new here and I wanna find new friends.
👉 Follow me
👉 Collect & Mirror this post
👉 Say GM in the comments
🎁Reward:
0.1 Matic for everybody who follows me
And
I'll follow you back
- The world of blockchain is overwhelming; Since diving into it, I've begun to lose my social connections. I've become more isolated, more secluded.
Even though I regularly interact with people due to my job, my brother says I've been showing signs of social anxiety for a while now. 🤔 Honestly, I'm not sure. Even the library, where I used to spend many enjoyable hours, sees me less and less.
- GIVEAWAY WITH ARGENT NFT EARNING EXPLANATION
Argent 2. NFT claim is active!!
You can see problem during claim process don't be hurry :)
3. NFT on going now.
2. NFT Claim Link :
https://xplorer.argent.xyz/claim/9265e0bc-ae7d-4ad2-9c51-ec93fd734bd0
1.NFT Claim link :
https://xplorer.argent.xyz/claim/fefacf00-12ab-475f-852b-1c7fea184442
Follow :)
Mirror :)
Collect for support :)
- Promocionando web3 en Chile 🇨🇱
- ☘️به لنز فارسی بپیوندید ☘️
جامعه تخصصی کاربران فارسی زبان پروتکل لنز
پوشش اخبار مربوط به لنز
اطلاع رسانی فرصت های متنوع درآمدزایی از پروتکل لنز
حمایت از محتوای فارسی زبانان
صفحه رسمی لنزفارسی 👇
https://lenster.xyz/u/lensfarsi
گروه تلگرام 👇
https://t.me/+wbJovrmYhoA1OTA0
پیج اینستاگرام 👇
https://instagram.com/lensfarsi?igshid=NGExMmI2YTkyZg==
- I just voted "Parallechain" on "Poll by @whynotshy.lens" https://snapshot.org/#/polls.lenster.xyz/proposal/0xf1e0ed2e666ada34fa07a5f914fa71e65a8c80d4b7b01329fc2842eeb406f65f #Snapshot
- Community Round (WAV30): SOLD OUT ✅
Pre-seed: SOLD OUT ✅
NOW 👉👉 SEED ROUND OPEN!!
Only a few people are making money in web3 social media,
We didn't liked that,
And when you find something is wrong
🔥🔥 you must work to change it 🔥🔥
That's why Zurf is pioneering the New Social, powered with @lensprotocol and @wav3s 🌊🏄
Ahh but before we continue, there's something we have to tell you:
WE ARE OUT OF TWITTER !☠️☠️ (It was haunted..)
As you may know a few months back we launched in Twitter.
At the beginning it was great, but then we had more and more issues with the API💩
Elon kept changing it, making it hard for Apps like us and charging us more and more for using it
We hope you will forgive us for going to Centralized social media 🥺
We are going ALL IN WEB3 SOCIAL🫡
F*ck Centralized Social Media
Web3 social is the future and we are sure happy to be part of it
Thank you Lens for allowing us to participate in this ecosystem as we expect to grow on it more and more
LONG LIVE WEB3 SOCIAL💪💪💪
You can be part of our web3 social journey here 👉👉👉: https://zurf.social/zrf
Info for you, investor:
To be sold: 4.67% of $ZRF tokens
Funding goal: $70.000 USDT
MCAP: null.5 MUSD
Cliff: 2 months
Vesting: Montlhy until January 2026
Find out EVERYTHING about $ZRF tokenomics: https://zurfsocial.gitbook.io/zurf/
Rounds, cliffs and vestings: https://zurfsocial.gitbook.io/zurf/zurfnomics/zurf-distribution
👏And
👏just
👏zurf
👏it
xoxo
- Over the upcoming 20 days, we're embarking on a journey to craft another fresh, mind-blowing game on Lens.
And, we will be absolutely stoked to have you along for the ride if you are a dev, a #buildoor, a game enthusiast, or someone who is just a curious learner.
From the inception to the launch, you'll get an inside look on how we build decentralized hyper-casual games with social features. Here's our first set of nominees.
@tamrat
@danisnearby
@punkess
@nelsonrodmar
@cryptoholic2200
@ryanfox
@jessyjeanne (almost all of our supporters have suggested we touch base with you cuz you're amazing!)
@cybershakti
@jakubrusiecki
@symplybells
You guys have inspired us to keep pushing the boundaries of decentralized social gaming from the very beginning. So the least we could do was offer you this opportunity to learn, being 💯 involved in our journey, and grow together.🚀🎮
We further urge you to nominate your peers who you think would be interested to be a part of the @thefriendly family. Let's take off!
Like, mirror and collect this moment to earn 0.3 WMATIC via #zurf (First 100 people with minimum 100 followers)
- Argentina🇦🇷 is the best country on Earth or what ?
These 3 🥩 were worth less than US$10, total
- 🔥 Twitter Space 预告
🎙 Instant social and non-instant social
🗓 2023/06/27 10:00 UTC-7
北京时间周三凌晨一点,一起探讨 #web3 social 中的即时社交 & 异步社交🧐
🔗 Space link:
https://twitter.com/i/spaces/1dRJZMNZyaoGB
🎁 前1000 位转发可获得 0.1 $WMATIC (需关注)
Mirror to earn(0.1 $WMATIC for first 1000, powered by wav3s)
- My first daughter ☘️
She's my favourite one 😍
Price : 20 MATIC 💎
20% Referral reward 🔥
Limited : 15 Collect only 🔒
3rd character From Lens Style Collection.🐋
Collectors become our OG member and access special vip utilities.⚡️
We want to ensuring that our customers are getting the best possible value for their money.
👀👇
First Post:
https://lenster.xyz/posts/0x0155a4-0x04da
Second Post:
https://lenster.xyz/posts/0x0155a4-0x0566
More information #comingsoon
@stani @nader @wagmi
#lens_style
- My first daughter ☘️
She's my favourite one 😍
Price : 20 MATIC 💎
20% Referral reward 🔥
Limited : 15 Collect only 🔒
3rd character From Lens Style Collection.🐋
Collectors become our OG member and access special vip utilities.⚡️
We want to ensuring that our customers are getting the best possible value for their money.
👀👇
First Post:
https://lenster.xyz/posts/0x0155a4-0x04da
Second Post:
https://lenster.xyz/posts/0x0155a4-0x0566
More information #comingsoon
@stani @nader @wagmi
#lens_style
- Introducing Arch Finance
📣 Attention Web3 Enthusiasts 📣
💸 Ready to take your crypto investments to the next level? Meet Arch, the crypto asset management platform that's changing the game.
📚 Our methodology-driven approach is built by experts, and our products are periodically rebalanced and decentralized. That means you are getting the best of Web3, whether you're a seasoned investor or just getting started.
🏆 Join the thousands of holders who have already chosen Arch to build their crypto portfolios.
🚀 Be part of the journey to a brighter crypto future.
👀 Learn more at https://bit.ly/gpostlens
- Over the past month we:
- Launched firsts twitter wav3s
- Implemented raffle distribution with Chainlink VRF
- Incorporated RuyRiver
in content and elcondor99 in development
- Fixed the bug that prevented creating waves in Lens.
- Received angel investment besides the first community round to keep on going 🔥
And still, a BIG transformation is coming, with our mission very clear: END traditional social media advertising with better solutions to help you reach further and faster in a way that people actually love
- Join our giveaway today! 🎉 (🐋🦊)
To join the LensFamily giveaway, simply #LMCC this post with 3 MATIC. One lucky winner will receive a character of their choice!
At Lenstyle and Lensfamily, we believe in community power - and we need your support!
Don't forget to check out our #lenstyle #lensfamily #lenshub posts!
If any of our friends want to #collab, simply DM us on Lens.
Big thanks to everyone who has followed us, we appreciate your support ❤️. Not to mention, @whale_code is almost at 2,000 followers - keep it up! 🔥
Special shoutouts to my amazing brother @gotenks for his continued support ❤️, and lovely @jessyjeans ❤️🔥 Who else is craving fries$ ? 🍟😋
Thanks @memester for creating the best community ever! Join the Memester community at https://enster.xyz/posts/0x5805-0x039f.
And last but not least, join the Molens community and check out @danisnearby's legendary projects at https://lensvert.xyz/posts/0x0178bb-0x0500.
#3DDesign #animation #logo #clothing_design #NFT
- Gm, #Lens!
Introducing: Intuition 👁️
intuition /in-tü-ˈi-shən/ (noun): the ability to understand something immediately, without the need for conscious reasoning
At Intuition, we aim to build and enable the development of technologies that enhance our collective intuition. Intuition empowers people to share, curate, explore and claim ownership of useful subjective knowledge, thoughts and opinions in the form of on- and off-chain, machine-readable attestations.
Intuition leverages decentralized identity, data, and finance primitives to incentivize the development of a permissionless, peer-to-peer knowledge-sharing ecosystem, and therefore incentivize higher degrees of honesty and transparency in online communications.
The Intuition protocol establishes a verifiably-neutral foundation and rules of engagement in an infinite, productive game: a game designed to populate a verifiable knowledge graph with useful information about ALL things. To complement the protocol, we are crafting extensible middleware for developers to frictionlessly integrate Intuition's functionality into their apps, which we believe should be as easy as a few lines of code. We are also building our own application(s) on top; apps we believe will drastically improve the Web3 experience.
In time, we envision a rich ecosystem of specialized applications writing verifiable data to the Intuition knowledge graph. Our goal is to establish a digital reputation layer that is open, verifiable and user-owned. We want to make it as easy as possible for existing reputation-based applications to leverage this infrastructure, and open the door for ecosystem builders to create entirely new reputation, curation, and recommendation models and applications.
The flagship Intuition application is slated for release this year. More on that later. 😉
Intuition gives users the freedom to choose and discover trusted voices and models. It avoids biased viewpoints and echo chambers, empowering individuals to make informed decisions that align with their needs and aspirations. Intuition's vision is to create a world where your voice has value, where data revenue flows directly to you, and where trust graphs accompany you everywhere. Say goodbye to multiple accounts and fragmented social graphs, and hello to personalized experiences.
This is just the beginning. We encourage builders and curious Web3 participants to join us on this mission. While we build toward our mainnet launch, we want to begin onboarding contributors, offering bounties, forging partnerships, and gathering a community of thoughtful testers as the protocol and application evolve throughout the coming year.
Join us at Intuition and help shape the future. As we are attempting to crowdsource all knowledge, we quite literally cannot do this alone.
https://mirror.xyz/0x0bcAFff6B45769B53DE34169f08AB220d2b9F910/U23XA4fBXfpSk58KnPGbBx5dpc6DVplfK2T-QSAE-wU
PS - in the spirit of rewarding the spread of useful information…
Mirror this post to earn 0.5 wMATIC through @wav3s! To earn this reward, you must:
Follow intuition.lens
Have more than 250 Lens followers
- 💥💥💥💥WAV3S HEAVY UPDATE 💥💥💥💥
The day is finally here 😎
From now on Wav3s becomes ZURF 🏄🏻♂️
A new way to unlock 🌱 your social capital
A whole new concept built on social web3
Powered by DeFi 👨🏻💻 up to the limits of your imagination
Creating new possibilities for social connection and growth 🙌
We can have it now 💪💪💪
Today we not only launch this new brand but also 🏄🏻♂️$ZRF
The token that will represent the value of ZURF.social company,
Holders of WAV30 have $ZRF tokens already allocated 👀
Find all about it!!!!🏄🏻♂️🏄🏻♂️🏄🏻♂️ https://zurf.social
- Hello, #Lens!
Today, we are honored to announce the close of Intuition’s $4M seed round, led by Superscrypt with participation from Shima Capital, Avon Ventures, WW Ventures, Matrixport Ventures, Polygon Ventures, and ConsenSys, along with several other VC, DAO, and angel investors.
It feels incredible to partner with such a talented crew of organizations and individuals that truly understand the magnitude of our vision and sincerely want to make the concept of “technology-mediated intuition” a reality.
We also need to thank our earliest supporters that participated in our pre-seed round last winter. We couldn’t have done this without constant encouragement and guidance from the all-star builders and angels that have been with us from the very beginning. Check out the comments section to learn more about our Builders. 🔨
With Intuition, we want to empower people to build and explore a collectively-owned knowledge graph in an effort to reliably navigate our exponential world.
With this new funding, we plan to scale up our team, recruit a mission-driven community of knowledge seekers, and finally launch our flagship application later this year!
Read our press release below to learn more!
Mirror this post to earn 0.5 wMATIC through @wav3s! To earn this reward, you must:
Follow intuition.lens
Have more than 150 Lens followers
- Hello, #Lens!
Today, we are honored to announce the close of Intuition’s $4M seed round, led by Superscrypt with participation from Shima Capital, Avon Ventures, WW Ventures, Matrixport Ventures, Polygon Ventures, and ConsenSys, along with several other VC, DAO, and angel investors.
It feels incredible to partner with such a talented crew of organizations and individuals that truly understand the magnitude of our vision and sincerely want to make the concept of “technology-mediated intuition” a reality.
We also need to thank our earliest supporters that participated in our pre-seed round last winter. We couldn’t have done this without constant encouragement and guidance from the all-star builders and angels that have been with us from the very beginning. Check out the comments section to learn more about our Builders. 🔨
With Intuition, we want to empower people to build and explore a collectively-owned knowledge graph in an effort to reliably navigate our exponential world.
With this new funding, we plan to scale up our team, recruit a mission-driven community of knowledge seekers, and finally launch our flagship application later this year!
Read our press release below to learn more!
Mirror this post to earn 0.5 wMATIC through @wav3s! To earn this reward, you must:
Follow intuition.lens
Have more than 150 Lens followers
- The future of crypto is bright, and we're leading the way with $WEB3, the Arch Ethereum Web3 Index Token 🚀
🏆 With thousands of holders already on board, our passive, long-term investing strategy makes it easy for anyone to invest in #crypto.
Don't miss out on the future of finance 🔮 Join the community, mint your free Web3 Architect NFT, and get an airdrop of up to 100 $WEB3 tokens.
👉 https://bit.ly/galxelens
- دوستان ینشهاد میکنم از حالت Gas on destination chain استارگیت حتما استفاده کنیم میتونه فیلتر بسیار خوبی باشه
- برای تراکنش روی **zkSync** اگر دوست داشتید NFTهای زیر رو در Galxe مینت کنید. فقط لایک و ریتوییت و فالو
*https://galxe.com/CyrusExchange/campaign/GCPgzUQC3M
*https://galxe.com/zomma/campaign/GCcf6UNob7
*https://galxe.com/readfiofficial/campaign/GCGpXUQtEN
*https://galxe.com/izumi/campaign/GCxPqU6VJZ
*https://galxe.com/izumi/campaign/GCZjCU6GDE
*https://galxe.com/izumi/campaign/GCMSGU6ssz
*https://galxe.com/izumi/campaign/GC9Q3U6kud
اونایی که مهلت و ظرفیت داره رو طی هفته بزنید؛ همه رو امروز نزنید بهتره، هم گس الکی نمیدید هم براتون فعالیت مستمر محسوب میشه.
- on fire
- Finally, notifications that you’ll want to read 🤩
Get instant alerts for any wallet, any activity, any chain.
Learn how 👇
https://zerion.mirror.xyz/qp1JfS4SXozvJdVOhcaCQLkUTZm0lYk0sLHlmAL3qJ0
Beyond Ethereum. Receive real-time alerts for any wallet activity on Polygon, Optimism, Arbitrum, BNB Chain, and more…
Customize your multichain notifications. Track activities that you only care about: trade, mint, send, receive, and more…
Find alpha 💎 Now with mobile notifications for on-chain actions
Download Zerion 🔮
https://link.zerion.io/V0oSs5Ffpyb
- good strategy for air drop layerzero and zk sync
- az arbitrum nova ghafel nashid
fee kheili kami dare
- Testing @wav3s 🥳😙
✅ Follow me on Lens
✅ Like this post
✅ Mirror this post
✅ Get 0.15 WMATIC
- Eeeehhhh...Who wants to own the first $WAV3 tokens? 👀👀👀
We are starting our campaing to decentralice our pre seed round 🫡
We released 👉 99 spots to join our round this month, and our Discord community already occupied 34% of the spots in the lasts hours!!! They got the alpha first.
We are crowdsourcing a total of 20.000 Matic in this campaign, having a minimum of 202 matics per spot.
These tokens will be redeemable for private equity or a liquid token that we'll release in the future!
And the first holders will have 🌟 special 🌟 treatment when that happens ❤️
This campaing will last until 29 of april 🗓️
We must get to the goal this month first!
In the case we reach it, next will be accounted in the same valuation.
Anyone interested just write to wav3s DMs, law forbides us to share the link in public!
DONT SHARE THE LINK WE SEND YOU IN DMs PUBLICLY, at least that's what the securities law demands 🤷♂️
ONLY ACCEPT LINKS COMING FROM THIS ACCOUNT plsss!!!! don't fall for scams
🌊 🌊 🌊 🌊 🌊
PD: If you see this message "No club found on this address", connect your wallet in the upper rigth corner, be sure to be using Polygon
FULL DISCLOSURE: This token is for early supporters, if you want full settled tokenomics, you can wait til we launch the public token, after all the early supporters were rewarded 😋
- Attention all social media marketers! Say goodbye to paying platforms like Twitter and LinkedIn to promote your posts. Our revolutionary product empowers YOU to promote content you believe in while earning money!!!!
How much does a "share" cost on Twitter or LinkedIn? 🤔 Is it worth more than paying for 1,000,000 views? Let's talk about the value of engagement for your brand! 💪
- This first journey of @wav3s to the US is almost over!!
ETHDenver was sick! now on San Francisco we'll be attending social web3 events with the Lens gang 🌿
After 10 weeks growing 30% a week, we are sure, a new way for promoting your content on social has born.
PS: @wav3s is closing this week it's pre-seed round, we love everyone who's already on board, and there's some room still in the ship if you want to join 😜. For interested frens say hi to Daniel at daniel@wav3s.app
#justwav3it
- Gm lens frens!
Who wants to see a live stream of @astrace tonight? Let's see how many mirrors it takes for @marenaltman to show us how it works at @zerion house in Denver? #ETHDenver #zerhouse
- What a great first day at #ETHDenver!
We captured this awesome photo with the Lens team @nader and @fabri at their booth, where they always bring the heat.
If you see us around, don't hesitate to reach out for any assistance, questions you may have or just for fun!
#justwav3it
- بورس تهران چه خبره دوباره ؟
روزای خوب موندگار هستن؟
قدرت خریدار عجیب در نماد شگویا
کسی سهامدار بورس هست هنوز اینجا؟
پیشنهادی دارید؟
- こんにちは @ethglobal.lens Tokyo! 🇯🇵
@aavegrants.lens will have 3 main prizes for GHO and Aave with $10k up for grabs!
🥇 1st $5k
🥈 2nd $3k
🥉 3rd $2k
For those taking part in the hackathon here are some ideas to get those creative chops going! 👻
@gho.lens is designed for internet people.
With that in mind, we'd love to see you build utility around the future of payments on the web.
- You could create an app or plugin to pay with GHO anywhere.
- Imagine using GHO to buy your favorite beverage.
- Create a convenient payment platform with GHO where you can enjoy fast and secure transfers with just a few clicks. Say goodbye to time-consuming payments!
- Build a tool that uses Account Abstraction with GHO to allow users to pay gas fees with GHO, and has rebates. E.g., if the gas used is more than GHO paid, users can claim a rebate or pay it forward.
- Construct new DeFi yield strategies and opportunities for GHO and the entire DeFi community.
- Create a chargeback (direct debit) network for GHO where any user can charge an account with a set amount of GHO. GHO would then be transferred immediately but not unlocked until a set period of time passes. During this time, anyone can dispute the function if they have a balance
This is our first hackathon for GHO and we can't wait to see what you build this week.
Dive into the dev docs for GHO here: https://docs.gho.xyz/developer-docs/overview
We also want to see what devs can do with the power of Aave V3, our most significant upgrade of the Aave Protocol.
- You could build an Aave Forex tool where you can short assets. Enhance the ability of users to access forex liquidity by using one or all of eMode, flash loans, and other DeFi integrations such as @curvefinance.lens.
- Create a ChatGPT-powered risk manager for Aave utilizing OpenAI plugins to create an innovative experience for DeFi users with this leading-edge technology.
- Create a new debt swap feature. Right now you can swap your collateral from one asset to another but imagine if you built a feature for swapping debt from one asset to another.
- Utilize ZK proofs for critical vulnerabilities while not disclosing the vulnerability, i.e. prove there’s a vulnerability to the DAO so they can vote on it informed but not actually say what the vulnerability is.
- Imagine a Health Factor simulator UI component that displays a price slider per each collateral and borrowed asset, so you can simulate prices and see how your Health Factor changes under those conditions. Allowing you to take informed decisions to mitigate liquidation risks.
Dive into Aave V3 Dev docs here: https://docs.aave.com/developers/getting-started/readme
Make sure to catch @jessglover.lens and @miguelmtz.lens on April 14th at 7 PM JST in the Toranomon Hills Forum, 5th Floor | Workshop Room 1, for a GHO Hackathon Workshop.
These are just a few ideas to get you started on your hackathon project.
Reach out to @nader.lens and @jessglover.lens for any questions on the ground in Tokyo.
- ‼️ Arbitrum’s Token Airdrop Sends Network Adoption Soaring ‼️
[ ‼️Sponsor: ✅0.1WMATIC reward for who ✅follow me and ✅mirror this post]
- - - - - - - - - - - - - - - - - - -
Arbitrum, the largest layer-two scaling solution by usage on Ethereum, released its highly anticipated governance token on March 23. The network distributed 1.162 billion tokens – 11.6% of the supply – to 625,000 eligible users. To date, 87% of addresses, or 543,058, have claimed their tokens.
Arbitrum implemented a point system to determine the number of tokens each recipient would receive in the airdrop. To earn points, users needed to engage with the protocol in at least one of the following ways:
Bridge at least $10,000 of assets from Ethereum to Arbitrum One or Arbitrum Nova. Arbitrum Nova is a chain where transactions are posted to Ethereum but data is not stored on Ethereum. Conversely, Arbitrum One is a complete rollup, fully secured by Ethereum.
Execute transactions on the network in the months leading up to the airdrop
Execute at least four transactions or interact with at least four different smart contracts
Execute transactions exceeding $10,000 in aggregate value
On average, each recipient got 1,859 ARB tokens (worth about $2,342) with some power users scoring as many as 10,250 ($12,915). ARB is a governance token, and holders will be able to vote on proposals that affect product features, protocol upgrades, allocation of funds and the election of a security council.
Broader Context
Layer-one blockchains like Ethereum suffer from low transaction speeds and high costs. Arbitrum is a layer-two solution that aims to solve these problems by executing transactions on a separate chain and then periodically settling batches of transactions on the Ethereum base-layer. This method of rolling up transactions is similar to a bar tab: patrons can order multiple items and then settle up with one payment at the end of the night.
Arbitrum employs a scalability framework called optimistic rollups. This is used by competing layer-two platforms Optimism, Boba Network and Metis Network. Optimistic rollups assume transactions are valid by default and participants in the network are given a certain amount of time, usually one to two weeks, to claim fraudulent transactions. This challenge period means there is a lag between the transactions being recorded on the layer-two chain and finalized on Ethereum, and users must wait until this period is completed to withdraw their funds.
Whereas Ethereum can only process about 14 transactions per second with an average transaction fee of $4, Arbitrum is able to achieve 40,000 transactions per second at an average cost of 65 cents.
Key Stat
Most airdrop recipients (270,789 addresses) received less than 1,250 ARB tokens; 4,428 recipients qualified for the 10,250-token top tier.
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