“Investing with faith”
the new celestial currency is here. Ostiacoin: where investments are an act of faith
I'm very boring person IRL. I don't drink🚱 or smoke 🚭 I follow a very strict diet and workout routine, no sugar, low carbs, no seed oils, no coffee, no fries 😢 , no processed food I avoid eating out, cook my own food mostly I sleep early and wake up early even on the weekends. I go to gym for 5-6 days/week, on the non workout days, I still try to do some alternate activity like sprinting, cycling or some callisthenics. Aside from the gym, I go for a walk for a minimum 30-45 minutes everyday.
If I contine further, I'm sure you will smash your phone because of the boredom.
Day 19 of the $pointless experiment! 🎉
Exciting times continue as we near the full 300M+ $pointless of rewards distributed to those early, onchain, and active lens folks growing the garden.
Read the scoop: app.t2.world/article/cm0fcg8ca7367811xmci3ork6v9
🔥Livestream content creators on fire 🏎️ @simracing: 2-hour F1 stream at Monza! 🎮 @drdoge: 1 hour @gaming Destiny stream 🛸@Bogie.eth 8 hour marathon @metaverse stream
💧Liquidity Providers: Huge appreciation to the contributors making the $pointless/matic LP work! 100k $pointless each heading your way
🙌Good vibes
💡 @awkquariann - Sharing insights into creative process with cool process videos. 🌿 @eliankutse - Curation spree, spotlighting amazing artists like @artbyjah and @toddpham. 🇨🇺 @ceciliajess - Representing Lens Cuba and sharing life through beautiful Spanish content. 🎴 @juampi - Highlighting Talent Protocol's new cards feature on Etherscan. 🎤 @erica_kang - Co-hosting Lens builders brunch during Korea Blockchain Week while pregnant! 📊 @thedefimetro - Breaking down Phaver $SOCIAL tokenomics in simple terms.
🧑🎨Art
🎨 @notgonnamakeit (SOJU) - Prolific artist making stunning contributions to Social Summer. 📷 @colibris - Inspiring with wondrous photography and deep philosophical musings. 🎻 @cristinaspinei - Stunning music content featuring her work as a composer and performer. 🌍 @ibraheem - Capturing stories of pilgrimage, culture, and heritage with a Web3 twist.
✍️Reviews
💬 @yoshimare shining a light on Orb x Zora video integration 🛠️ @superluminal, @iamtherealyakuza, @cavernaeremita - Contributing valuable insights on $pointless migration mechanisms for real users.
🔔 Alpha
🚀Cyber: The first restaked Ethereum L2 designed for social, optimized for mass adoption. New economic designs on social data are being tested . 🎉 @aave is now on Zksync + ZKfest is rocking with cool activities like minting zkImagine NFTs. 🎨 Phaver creator program: Open nominations to support musicians, artists, gamers, traders & more . 🐻 @jakubrusiecki - Leading Social Graph Ventures with a "Shark Tank" style competition for web3 apps.
Not to mention the incredible opportunities for writers with competitions being hosted by @kiwinews, @the2077collective, @silviamogas.eth and more via @t2world
💜 Note - all the $pointless will be airdropped in one go when we reach the final day twenty (possibly on zksync rather than on polygon depending on if we have migrated by then) - ONE more issue to go! So this is technically an IOU, most mentioned here will receive rewards (check the article for details) 💜
Collectible via 1M $pointless (15% repost referral 👀) of course, do kindly help replenish my stocks by collecting and we'll do a mammoth one to finish the twenty day experiment 🤝
🚨Need feedback from pointless community 🚨
I'm ready to deploy pointless layerzero contracts to make pointless multi-chain however I need some feedback from the community.
You may already be aware that pointless was airdropped to everyone who had a lens handle on 15th Dec 2023. Unfortunately it included a number of bot/inactive accounts and once the price started going up, these bots started selling aggressively. Within the core contributors, we discussed several ideas to get rid of the bots. We even thought of migrating pointless to a new contract and excluding the bots but that approach was not very clean considering pointless was already available as a collect/tipping currency on multiple lens front ends and we had added liquidity, paid for dexscreener etc. Moreover, it would have been messy to filter out all the bots without hurting any real users. So we ruled out migration.
When lens announced migration to zk stack, we started thinking of making pointless available on the new platform as well. Implementing pointless as a LayerZero OFT(omni chain fungible token) came to mind at first and I started working on that. Using LayerZero technology, we could make pointless go multi-chain and be available on all the major L2s. That is exciting. We have plans to first deploy on Base and later to ZKSync era or lens network. Obviously we plan to grow pointless liquidity on base and ZK and focus less on polygon but pointless liquidity will still be available on Polygon as well. So, it may be favourable to trade more on Base and ZK.
@dydymoon made an interesting suggestion to implement custom bridging fees when bridging out from polygon to get rid of bots/punish the bots. The idea is to have a fixed fee in pointless(not %) on every bridging transaction going out from Polygon of about 2.5M pointless(we can change it based on community feedback). Layerzero also charges a fees in matic when bridging(~0.3-0.4 matic in my tests). Given that most bots got 5M pointless airdrop, this would mean they lose 50% of their airdrop if they want to use the bridge. Real users are obviously holding larger amounts of pointless and as such, it shouldn't hurt them too much. Moreover, we split the bridge fees into two, 2M gets burned while 0.5M goes to treasury. So this way we reduce the supply of pointless as well.
Moreover, as a security measure, these fees parameters are under a timelock contract with only pointless multisig allowed to make changes with a minimum delay of 24 hours.
Please let me know if you think it's a good idea to charge custom bridging fees in pointless. If the community decides against it, we will remove it. Otherwise if you think we should have a lower custom fees, please let me know how much in the comments below 👇
Peace ✌️
Happy Rektember Historically, September has been a bad month for equities,stocks and crypto. There have been only a few times that we have seen a green September, its mostly red. So much so that people start expecting a drop without any fundamental news. Which makes me think, maybe this September could be different.
We have been going down/sideways for the last 4-5 months, may be it's time the bleeding stops here. Fed will probably cut interest rates in mid September. US elections are fast approaching.
What do you think how it will play out? Rekt or rich?
Yo crew! $pointless newsletter issue nineteen is COOOKING 🔥
Only problem is that with all the grass 🌳 I have been touching // swimming in I have missed out on lots of gems over the last two weeks 😔
The plan as always is to reward those who are early onchain and active, specially through this tipsy topsy turvy period! Do please help out by NOMINATING dope posts that have elevated your lens experience in the last fortnight (comment below).
If it makes it into the newsletter HALF the $pointless rewards go to the person who nominated first 🤘🏾🤘🏾🤘🏾🤘🏾🖤
Easy way to spread some utterly pointless kindness and shine a light on those who enrich the vibes here.
Sunny days ahead ☀️ 😊
