Sagey (@toadsagey) • Hey

I will teach you all you need to know about DeFI You get 10% referral fee for each of my post you mirror😁👍

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$STFX did a 2x from the beginning of this month. However seed sale started unlocking this month for 12 months. Coincidence?🤔
In the long run, I believe the best DeFi projects would share one common trait: 'Excellent execution.' For example, consider DEXes. It is no longer solely about the TVL a DEX possesses; instead, trade execution quality takes precedence. Aggregators will choose the route with superior execution, implying that a DEX might possess lower TVL but could still generate substantial trading volume if it offers lower slippage compared to other DEXes.
**DeFi Term Of The Day TVL TVL stands for Total Value Locked. It is a metric used to measure the total value of assets that are locked or staked in a DeFi platform or DApp.**
Bruh. Lens V2 is really bringing some exciting features.
DeFi Protocol Of The Day **Azuro** Azuro is a decentralized betting protocol that provides a transparent and fair betting experience with different markets and ample liquidity.
**DeFi Term Of The Day** *`Aggregators`* DEX aggregators, yield aggregator, data aggregators etc all do one thing. They allows users to access multiple DeFi protocols from a single platform saving time and improving user experience.
**DeFi Term Of The Day** dApps Decentralized applications—also known as "dApps" or "dapps"—are applications that run on a blockchain network of computers instead of relying on a single computer.
DeFi Term Of The Day Interoperability Interoperability refers to the ability of a blockchain to communicate with other blockchains.
I just voted "Yes" on "Make Velodrome the STG Hub on Optimism" https://snapshot.org/#/stgdao.eth/proposal/0xf980d6deed62c3d77dd055963724b9d07ea0f383a2142703e5581c8e751b06ad #snapshotlabs
**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
DeFi Term Of The Day Market Makers Market makers refer to entities or protocols that provide liquidity to Dexes to facilitate trades. So yeah if you provide liquidity to any pool, you are a market maker🤗
DeFi Term Of The Day Market Makers Market makers refer to entities or protocols that provide liquidity to Dexes to facilitate trades. So yeah if you provide liquidity to any pool, you are a market maker🤗
DeFi Term Of The Day Yield Farming It is the practice of staking or locking up tokens in order to earn more tokens as rewards. The rewards are usually in the form of native tokens of the project.
Woke up to $BTC at 30k🥺
DeFi Term Of The Day Emissions Emissions is the process of minting new tokens and adding them to the supply. Emissions are used to reward participants, incentivize miners or validators, fund development, incentivize liquidity for yield farming etc.
DeFi Term Of The Day Bonding curve A bonding curve is a mathematical formula that determines the price of a token based on its supply. Example is the bonding curve for Constant Product Market Makers.
DeFi Term Of The Day Shanghai upgrade The Shanghai fork will implement EIP-4895, which allows validators and stakers to withdraw their staked ETH from the beacon chain.
DeFi Term Of The Day Concentrated Liquidity Concentrated liquidity is a feature introduced in Uniswap V3 that allows liquidity providers (LPs) to provide liquidity in a specific price range.
GM $BTC at 29k Life is good
DeFi Term Of The Day Futures Futures are financial contracts that obligate the buyer to purchase an underlying asset or the seller to sell an underlying asset at a predetermined future date and price.
DeFi Term Of The Day Perpetuals Perpetuals in DeFi are derivative that allow traders to take long or short positions on the price of an underlying asset without an expiration date. Funding rates is mostly used to maintain the contract's price in line with the spot price.
DeFi Term Of The Day Yield bearing tokens Yield-bearing tokens are tokens that generate a yield or return for their holders, typically through staking, lending, etc Example are $stETH, $aDAI
With the rumours about ZkSync full onboarding flying about, you might want to get $ZZ The governance token of the only Dex on ZKsync mainnet 1.0
$ARB day today. What price do you plan to sell at?
$ARB day! How do you plan to claim early?
$ARB day Who else is excited?
DeFi Word Of The Day Collateral Collateral in DeFi refers to the assets that borrowers deposit to secure a loan or to participate in other financial activities.
Understanding vesting schedules can be difficult. But it doesn't have to be. Here is all you need to know about Vesting along with visual examples.👇 In this post I would cover * Basics of vesting * Types of vesting. * Benefits of vesting * Challenges with vesting Simply put, vesting describes the process through which tokens are put into circulation using a vesting schedule. The main goals of this are to align the project and token holders and to ensure that the token supply is controlled. Most projects receive funding from investors during the initial stages of development. Usually, the investors receive the chance to buy the project's tokens at a discount. To avoid dumping the tokens for profit right away, not all of them would be given to them during the token generation event (TGE). Therefore, vesting plans are implemented to release tokens to them gradually or upon achievement of specific milestones. This can also applied to other allocations like the team allocations, advisors, community, airdrops etc. You can find the initial allocation for $dYdX below. Different types of vesting schedule can be used to distribute the tokens Time Based is the most popular, where the tokens are released over a period of time. Eg A project may decide to release a fixed amount of tokens monthly to the advisors over a period of 12 months. The period from the start of the vesting period to the transfer of the first set of tokens is known as the cliff. Tokens can also be released when certain milestones are met. Eg. A project may decide to release 5% of the team's token when the project is listed on a major CEX Now for an example let's check out $dYdX vesting schedule below. The total supply that was minted was 1 billion tokens As we can see, a portion of other allocations were released at TGE, with the exception of allocations for Future Employees, Investors, and Current Employees. After a 1.5 year cliff, advisors and employees were released linearly. The entire allocation for Airdrop was released. The tools offered by Messari, TokenUnlocks and unlocksCalendar make it simple to track and check vesting schedules. Some stats to check are % of total supply being unlocked % of circulating supply being unlocked An effective vesting schedule may be the deciding factor in a project. The project would have enough time to mature, and investors could assess the development to determine if they should hold or sell their tokens once it became available. Having a good vesting schedule can also gradually increase the supply of tokens as the project progresses which would ensure demand can keep up with supply whilst encouraging token holders Vesting can also encourage long-term commitment of team members. By requiring team members to commit to the project for a set period of time in order to receive their tokens, vesting can help to ensure that team members are invested in the project's success over the long term. Although there are so many positives with vesting it does not come without challenge Finding the right vesting schedule and allocation is difficult Also there may be disagreements between interested parties over the vesting terms The success or failure of a project might greatly depend on vesting, which is an important component of tokenomics. It is crucial to examine the schedules when owning a token that is still vesting so that you are ready for any potential results early. The success or failure of a project might greatly depend on vesting, which is an important component of tokenomics. It is crucial to examine the schedules when owning a token that is still vesting so that you are ready for any potential results early. That's all for today. I hope you learnt something new 🙂
Giving away two invites to Arkham Intel via @lensdropxyz.lens Like, Mirror and follow me to join the raffle Would draw results in two days.
$KAVA announced developer incentive Liquidity and stable coin inflows Definitely one to watch out for
DeFi Term Of The Day: Derivatives. A derivative is a type of tradeable financial instrument whose value is derived from an underlying asset. Example. ETH futures derivative asset deriving it's value from ETH spot price.
Would airdrop some NFTs tomorrow via @lensdropxyz.lens Watch this space🙂
I'm seeing and hearing the glitch in the matrix. 1wmatic, 33% referral, 13 editions of your brain on Infinati. #music #musicnfts #glitch
I just voted "Yes" on "Stargate Market Maker - Preserving CEX Listings" https://snapshot.org/#/stgdao.eth/proposal/0x82586192cf58f438cfee7101afde68df11ab3be071a6f7c05d1a3e8506836ee2 #snapshotlabs
Good morning my people
KoruDAO is sick idea, basically the first DAO controlled account on Lens, anyone with specific requirements can go and post from the KoruDAO account and share thoughts to a shared audience. Group posting, the future of social 🤯 incredible idea from @gelato.lens 🔥🍦
@lenster @yoginth We need a notification badge for when we have new notifications Also comment on comment could be optimized to be more like twitter please 🥺
#Yasai can be used in soups, stews, stir-fries, and other preparations, and may be seasoned with a variety of herbs, spices, and sauces to create a range of flavors and textures.
**Improvements in this release** We have added several new hooks in this release to help our community, highlights below 👇 📰 Ability to collect a publication ✅ Enabled approving modules (gas efficient with support for EIP-1559 gas estimation) 🪞 A new feature that allows you to see who mirrored a publication 💬 Expanded the filtering of feed, with explore publications and comments data **What's new?** Added **`useCollect`** hook enables the collection of publications Added **`useApproveModule`** and internal toolings for EIP-1559 gas estimation Added **`useWhoMirroredPublication`** hook Added **`metadataFilter`** to **`useFeed`**, **`useExplorePublications`** and **`useComments`** Added **`IStorageProvider`** **`StorageSubscription`** **`StorageProviderSubscriber`** and **`IObservableStorageProvider`** to the package exports Removed the **`walletType`** argument from the **`login`** method of **`useWalletLogin`** hook Removed **`IStorageProvider.subscribe`** method (use **`IObservableStorageProvider`** when custom subscription logic is required)
When $GHO🤧 @aavegotchi.lens
#Yasai is a Japanese word that means "vegetables" in English. Japan has a rich culinary tradition that often emphasizes the use of fresh, high-quality vegetables in a variety of dishes. Yasai can be used in soups, stews, stir-fries, and other preparations, and may be seasoned with a variety of herbs, spices, and sauces to create a range of flavors and textures.
I just voted "Yes" on "STG Reissue" https://snapshot.org/#/stgdao.eth/proposal/0x26a68e276ab63195580c5100423c5db7177c9a0f15c74e5d8393812332b28836 #snapshotlabs
Building lensdrop.xyz has opened my eyes to the opportunities for marketing in web3. I've been working on some cool stuff for brands and creators to grow and reach their target audience. The coolest part is that, unlike web2 companies that pocket all the ad revenue, users also get a share of the revenue. Collect and Mirror this post if you’d like to get in on the waitlist. Going to be giving special access to my Lensfrens over the next few weeks.
Exciting update for Lensdrop ✨ You can now airdrop NFTs to your most engaging followers with https://www.lensdrop.xyz/ Try out the new feature, share it with others, and don't forget to drop some feedback.
Spartan Labs on Sui https://twitter.com/TheSpartanLabs/status/1585981462129483778
More developers in an ecosystem means better innovative product. This in turn would bring in users Which would bring in more revenue Which would increase TVL and then price In essence, developer activity is an important metric
We’ve teamed up with Lens to provide better social experience and features on Zerion. 🌿 You can now search, follow, and send tokens or NFTs to a Lens profile (ex. stani.lens). To celebrate, we’re giving away amazing prizes each week for our Zerion DNA holders: → 2 Zerion Genesis NFT Card (Common - gives you zero fees until March 26, 2023) → 2 Zerion Genesis NFT Card (Rare - gives you zero fees, forever) → 1 rAAVE tickets for DevCon' 22, Bogota This is a 4-week campaign, so you have multiple chances to win! 🛂 How to participate: 1. Claim your Lens profile: claim.lens.xyz 2. Set your Lens pfp to your Zerion DNA. Learn how to get DNA: https://zerion.io/dna/ 3. Follow Zerion on Lens: https://lenster.xyz/u/zerion.lens 4. Click “Collect” (4th button underneath this post) for 0.69 wMatic 5. You can “Mirror” this post (2nd button) and earn 4.5% commission on every referral collector attributable to you We’ll randomly choose the winners who followed all the steps above correctly and announce them in the comments. 💬 Stay tuned for our next post! @lensprotocol
The basic structure of crypto money flow is from Stables > Bitcoin > Large Caps > Mid Caps > Small Caps