web3kol ◱ ◱ (@web3kol) • Hey
Web3KOL is a leader in Web3 with extensive expertise in cryptocurrency, blockchain, and smart contracts. He led successful projects and shares insights on
Publications
- gm lens
- gm
- Built on @memester-xyz.lens
- 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
- I can't believe Justin Timberlake actually said this in the movie
- Our friend Alex got an invite to a big event we were all excited about.
You were there too!
Do you remember who Alex met that was so special?
- 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Not all ETH would be able to be withdrawn at once.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• How much ETH will be withdrawn?
Not all 15M ETH can be withdrawn at once.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.
Join Alpha Discord: https://earndrop.io/discord
- ARB distribution model was designed by Nansen 🔵 🦅
+2,300,000 addresses bridged to Arbitrum before the snapshot.
Online 625,143 were eligible for ARB. Only around 30%!
What can we learn from their report?
5 key take-aways so you don't get excluded from airdrops ⚡
1/5
Eligibility Criteria:
- Conducted transactions: number, value, and time thresholds
- Arbitrum Nova: bridging & conducted transactions
- Dapps and Governance activity
- Liquidity providing
💡 Take-away: the more different activities, the better. Be active!
2/5
USD Value. I know this is a given, but it's important to stress out.
• The majority of wallets transact on small USD amounts
• The majority of wallets got small airdrops (USD value terms)
💡 Take-away: more volume = bigger airdrop. But you didn't need to be a whale to get it!
3/5
The number of transactions
• The majority of the wallets made 1-2 transactions (1M+ wallets)
• Only 100k wallets made 50-100 transactions
Median = 3
Average = 28
💡 Take-away: more transactions = more valuable airdrop.
Become a recurring user.
4/5
Sybil wallets:
• The Arbitrum Foundation wanted to exclude sybil wallets from getting the $ARB airdrop
• Sybil wallets = wallets with similar/fake activity, with the pure intention of hunting for an airdrop
• 172k wallets excluded
💡 Take-away: be user, not a "hunter"
5/5
Negative criteria ⚠️
This is a new concept: some actions subtracted points, i.e. they hurt the user's individual points to get ARB.
These users got less ARB:
• All transactions in a 48h period
• Interacted with only 1 smart contract
• Low ETH balance in Snapshot day
There's a lot more data in their official report.
Read the full blog post here:
🔗 nansen.ai/research/an-on-chain-distribution-model-for-the-arbitrum-community
Join alpha discord: https://earndrop.io/discord
- Say when !
- You can now toggle between seeing relevant comments or all comments in descending order. And all spam comments are now hidden by default. 🌿
- As we gear up for the Hacker Smurf Sale next week, we wanted to share some of the perks that will be attached to these NFTs 🦾✨
In addition to the utilities that will come with all NFTs in the Legendary collection, holders of Hacker Smurf PFPs will also get:
💙 A physical print of their NFT
💙 A limited edition Hacker Smurf Hoodie
💙 A verified LENS Handle
💙 A chance to win a $500 reward
More details here 👇
https://thesmurfssociety.gitbook.io/the-smurfs-society/general-information/collection-sale-and-reveal/1.-hacker-smurf-inaugural-sale
- 🎙️ AMA with @lensprotocol
We’ll cover topics like how we started building our community, how we support the creative economy, and what the future of NFTs looks like.
https://twitter.com/i/spaces/1yoJMZpydyDxQ
Set your reminder!
- Met the gigabrain from @uniswap.lens 🦄epic team and nice brainstorming session on future of france 👻
- Create funny and dank Lens memes. We’ll mirror and highlight our favorites.
We are running a competition on @memester-xyz.lens! Go to https://memester.xyz to submit your entry!
- @yup_io Mobile Beta is going live! We've teamed up for a unique drop for UFO Genesis Pass holders and UFO subscribers across Lens and Mirror
You can register for the Mobile Beta & claim a free UFO x Yup NFT for priority on the Waitlist
4500+ NFTs have already been minted, 20K total supply, 39 hours left
Register + Mint : https://ufo.mirror.xyz/MvBjw0Hb_Sp0AEAY-daKKKoDnliJgr7Jn8E03mCq9Tg
- everyone’s posting about the @yup_io mobile beta today
to be first for the waitlist, mint this @ufoclub.lens x Yup NFT ~ limited time & supply
all UFO subscribers on Lens are eligible to claim!
register & mint here https://ufo.mirror.xyz/MvBjw0Hb_Sp0AEAY-daKKKoDnliJgr7Jn8E03mCq9Tg
- Who do you think its eyes look like?
- This is Lenny
- ICYMI
- Imagine if you could store your gho balance on this card
- Who was walking yesterday with Lens cap in LA?
- arb !
- 19 Exploring Web3 Collectives with Folklore — Rafa
Rafa is a web3 creator, writer, and operations specialist. Crafting lore and exploring web3 collectives, combining org design theory with community building. Most recently he worked at Mirror as their Community and Growth Lead.
He's the founder of Folklore, a community exploring long-form articles related to belonging, lorecraft, human relationships, and digital realms.
Co-Founder of Local, working with artisans in Puerto Rico on a project that offers a space to collect NFT art that’s redeemable for high quality artisanal craft, experimenting with a more sustainable model enabled by NFTs.
Soon after the launch of UFO in September, Rafa has been in the loop as a creative thinker. Someone to jam with about ideas on strategy and community formation as we experiment. He helped with the launch of the UFO Genesis Pass with a subscribe to mint on Mirror in November which had 7800+ NFT mints in 3 days.
In this episode, we go right into these topics of content, media and internet communities. About the web3 creator playbook and NFTs as unlocks, including the ability to earn ownership in protocols and DAOs through participation rather than only financial means.
listen — https://ufo.mirror.xyz/BAo8fVVqnu44DdV2BNGWsWE2n7v_iNSUQhlyIEoT_pg
sponsors — @LensProtocol + @zerion + @yup_io.lens
- HAHA
- Circle commits to back any USDC shortfall if there will be any https://www.circle.com/blog/an-update-on-usdc-and-silicon-valley-bank?s=35
- An interesting idea for an algo would be an amplification score. I would like to get more @gotenks.lens on my feed or I have too much noice from the @lensprotocol account, I could turn it down a bit. Kind of like a social media volume knob.
- Spork frens holding an Eth Denver pass #1,854 are now eligible to claim a Lens profile at https://claim.lens.xyz
Once you have your profile...
- Check out the apps at http://lens.xyz
- Try @orbapp , @lenster , @buttrfly , and @lenstube
- Set up your profile and add a profile picture
- Make genesis post
- Find friends from Twitter in Lens https://inlens.xyz
- Create together, earn together 🌿
Creators can now split revenue earned from Collects.
Share earnings with as many as 5 creators. With custom percentage splits.
Collects is among the most popular features on Lens.
We recently added the option to set limited quantities and/or time limits to collectible posts.
We’re excited to offer new ways for collectors to support creators, and for creators to monetize with Collects.
Learn how to implement the Multi recipient Fee Collect Module in our dev docs: https://docs.lens.xyz/docs/create-post-typed-data#multirecipientfeecollectmodule
Start using Splits today on @buttrfly.lens , @lenster.lens & @lenstube.lens - with more soon to come!
- Ok let's kick this thing off 🌿
In ~24 hours, I will be raffling off Finiliar #9236 (floor price $375) to one of my followers.
Snapshot will be taken about an hour before the raffle.
There is also a #wav3s award of 0.1 WMATIC to spread the word (must follow me, 50 follower minimum, up to 100 mirrors)
- Whats the best taco place in SF?
- “I would love to see entrepreneurs building small use cases and iterating. Many ideas will fail but the point is to build fast, keep iterating and learning. Lens makes it easier and less risky to experiment.” @stani.lens at #ETHDenver
- BEGINNER STACK for @lensprotocol 🌿 - First steps to use Web3 social networks 🌐
This video will give you the Basic TOOLS and APPS to start creating content on the #lensverse 🌿
#LMCC for more guides!
- New Lens intern video just dropped
Feat. @orbapp @phaver @lenstaxyz
- Orb collect experience is neat 👌
- Lens gHO !!!!!!!!!!!
- GM
- What is Koru DAO?
We spoke to @isicle.lens from @gelato.lens the team behind @korudao.lens
We covered so much alpha on Koru DAO and here are some of the highlights:
1. @isicle.lens has an impeccable style
2. Koru DAO is open source and they want you to fork it!
3. Koru DAO struggles with spamming, but they are already fixing this
4. Korus is how we will call the NFT characters from now on
5. They are looking for Devs to help build out Koru and there will be bounties $$$
6. The artwork was done in-house at @gelato.lens
7. This is the first major NFT airdrop on Lens protocol
8. We need a no-code Koru DAO
9. Isa is genZ so we gave her the genZ trend check test at the end
- ConsenSys zkEVM Testnet / Check Email For Invites
Many users have received an invite to test the ConsenSys zkEVM Testnet, Check your email now.
There is a step-by-step guild in the mail to setup everything
-
#Yasai
The lens-yasai task experience is really bad. I have completed the task for many days, but still cannot claim the reward.
-
#Yasai
When the baby hamsters were born, their mother felt very happy and proud. She licked their fur every day. The babies soon started to explore their small world, climbing up and down, running around, and their mother was always there to protect them and make sure they wouldn't get hurt.
- Can someone give the cute little hamster a Valentine's Day gift?
- Want to show yourself to the world 🌊? #justwav3it
Do you like cookies 🍪? #justwav3it
Want to share your 🍟? #justwav3it
#just
#wav3it
- Have you contributed?
- Improv session
Goofing around. I first recorded four celeste runs and then improvised on top of that. Sometimes I just get inspired by one sound and then a piece composes itself. I looove celeste...it sounds like pure magic!
Also, somebody told me it gives a car commercial vibe...oh no...haha. I hope it's a least a premium class :/
#bytes #music #composer #originalcomposition #originalmusic #piano
- LENS CREATORS 🚀 🚀🚀
LENS CREATORS 🚀 🚀🚀
Lens Creator Lab Cohort #3 just launched @creators.lens featuring some rockstar creators! Pay special attention to the 32 new creators bringing some 🔥 content.
Follow them all! They're: @marcus.lens @fredriko.lens @k41r0n.lens @nosleepclub.lens @0xjim.lens @helfetica.lens @pooria.lens @chaoticmonk.lens @leopastel.lens @valcryptoast.lens @ryanfox.lens @goodkrak.lens @g-art.lens @sakky.lens @zkfruitrollup.lens @stoneztheorganic.lens @p3t3rango.lens @dominosmusic.lens @domdeshawn.lens @ladidaix.lens @vibing.lens @carlathepoet.lens @finkel.lens @rosaliesongs.lens @violetverse.lens @fifirongmusic.lens @violetta.lens @cybershakti.lens @jessyjeanne.lens @evanmann.lens @winny.lens @xandforshort.lens @niftysax.lens . And they're being mentored by the Lens Creator Team @mirran.lens @visualswithsam.lens @bradorbradley.lens @christina.lens . Good luck!! :)
#lens #lenstube #creators #lenscreatorlab #LMCC #bytes
—-------
If you liked this content, please consider giving a like, mirror (retweet) and follow this channel at @chriscomrie.lens :) #LMCC
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Looking for investment? Fill out this form: https://forms.gle/YXmhXGpM51uAd6gq8
You can also find me on twitter at @ christafarious
Join Phaver app with my code to access Lens on mobile: https://phaver.app.link/chriscomrie
If you like this video you might also like other popular ones like:
ULTIMATE BEGINNERS GUIDE LENS PROTOCOL https://lenstube.xyz/watch/0x011f55-0x05d7
NEW TREND FOR CREATORS TO 💰 MONETIZE COMMUNITY https://lenstube.xyz/watch/0x011f55-0x0752
MUSEUM OF LENS🌿 - MOLENS- EXPLAINED https://lenstube.xyz/watch/0x011f55-0x04f5
- gm @lensprotocol 🏆🌿
- Big thanks to our Aave Fam! 🤍
Aave Protocol V3 is now live on the Ethereum market 🚀
”The most exciting aspect of V3 is its flexible design, which enables a variety of new risk mitigation features, and its improved capital efficiency and decentralized liquidity – all while reducing gas costs.” @stani.lens
With the deployment of V3 on Ethereum mainnet, Aave’s first and largest market, our community has unlocked new technical features and benefits, including 👇
🔋 **High-Efficiency Mode:** allows users to increase their capital efficiency when supplying and borrowing correlated assets like stablecoins and liquid staking derivates (LSDs)
💪 **Isolation Mode:** enables more assets to be listed on Aave as collateral while maintaining the security of the protocol. Liquidity risks can be siloed by listing assets in isolation mode.
⛽️ **Gas Optimization:** reduces gas costs associated with all the functions across the board by ~ 20-25%.
Our migration tool for moving your assets from V2 ➡️ V3 is ready to help all the DeFi ghosts 👻 out there to move your positions over smoothly in a single transaction. Deep dive into the migration tool and more in the V3 ETH blog here: https://aave.mirror.xyz/K9gQPsv-hAH-gO4oH2i0Oen8uQEHYL5q8x9xjN9XnmA
Decentralization drives our community forward 🚀 and with this shared mission in mind, we will continue to build and innovate together 👻.