Habibi (@worldfamous) • Hey

Publications

AI Daily horoscope for Aquarius 😀
hey guys!
Good Morning Lensters! Same guess as yesterday? Anyone? 😀
Guess what the IA was told to draw? 🕵️😊 Clue: it's a City + a Place 🔎
@llamaxyz.lens is thrilled to propose a revised outlook for the @aaveaave.lens Safety Module to the community. Following feedback, the strategy was split in 6 posts on the Aave forum. The summary can be found here, but this post will dive into each topic https://governance.aave.com/t/discussion-safety-module/12029/9 The strategy aims to improve the SM design on several aspects, such as: ~ Increase the SM cover value ~ Improve Incentives management ~ Increased SM depositors rewards ~ Reduction of the cover cost *PART I: Migrate the StkABPT to @balancerprotocol.lens V2* The publication proposes an update of the initial SM pool parameters to consider several configurations on Balancer ~ B-80AAVE-20wETH ~ B-80AAVE-20wstETH ~ B-50AAVE-50wETH ~ B-50AAVE-50wstETH Proposal I: https://governance.aave.com/t/temp-check-safety-module-update-part-i-migrate-aave-weth-balancer-v1-pool-to-balancer-v2/12748 *PART II: Assets diversity, SM Categories & Slashing* This proposal introduces risk tranching by creating 3 categories with different slashing, parameters & rewards ~ Single Assets: Similar to current design (Reduced emission, 30% max slashing) ~ Volatile & Stable BPTs: LPs staked in Balancer gauges through @AuraFinance (BAL + AURA rewards, 45% max slashing for volatiles, 60% max slashing for Stables) Proposal II: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-ii-asset-diversity-sm-categories-slashing-updates/12749 *PART III: Enable smBPT gauges* This proposal proposes to improve the capital efficiency in the SM by creating gauges on smBPT instead of classic BPT To generate enough BAL + AURA rewards, the Aave DAO will need to attract vote on the associated gauges, which can be done by voting or creating vote incentives for veBAL & wrappers holders. Classic gauges would dilute the SM reward budget since anyone could receive yield while bypassing the SM risks & cooldown. smBPT allows anyone to deposit in the pool & earn fees, but only SM depositors would receive BAL + AURA rewards. Proposal III: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-iii-enable-gauges-on-bpt-in-safety-module-smbpt/12750 *PART IV: Incentives management upgrade* This proposals focuses on updating the current AAVE reward budget management ~ 25% of the current SM budget as liquidity mining on single assets (no gauges) ~ 75% of current SM budget as vote incentives on smBPT gauges through Warden Quest by @paladin.lens for volatile & stable BPTs categories This allows to leverage the premium of gauge weight power compared to direct liquidity mining and benefit from several Quest benefits such as ~ Defined amount of votes needed ~ Fixed reward / vote paid to voters ~ Ability to retrieve unspent rewards ~ Incentivize veBAL & wrappers Proposal IV: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-iv-incentives-management-upgrade/12751 *PART V: veToken Management framework* This proposal aims to define a framework to manage the strategic assets locked on the collector contract by electing a committee in charge of the following actions ~ Lock / relock assets ~ Cast gauges votes ~ Monitor the market ~ Create the Quests ~ Claim & Compound the yield Proposal V: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-v-vetoken-holding-management-framework/12752 *PART VI: Future considerations* This proposal aims to recap the design proposed and add future considerations for this strategy ~ Progressive incentives migration to the new design ~ Incentives budget sustainability ~ Protocol Owned liquidity considerations ~ Framework to add new assets to the SM Proposal VI: https://governance.aave.com/t/temp-check-safety-module-upgrade-part-vi-future-considerations/12753 Looking forward to get feedback on the forum and discuss these topics with the community
Polls Whitelist addresses/users for collects Images/videos in DMs Free collect music nft's on Lenster
GM everyone
@mazemari.lens 😆
Gm, lensfrens 💙 'Spring is here' Posting here a timelapse of my drawing in Procrete. You may hate me for this opinion. However, I do believe that most AI generated art is much easier to create than a drawing like this. An artist spends hours and years in practicing, improving, trying different styles. An AI generated pic can be made in mere seconds plus it feeds on the works of artists who didn't give any permission for this. That's breach of copyrights. I think it's great to use and experiment with AI and create something wonderful, but we can't let AI replace the traditional approach to art. #lens #art #creators #opinion #lensfrens #lmcc #procreate
Feeling great today! does anyone want to share his feelings?