Hyperliquid
Yield
Been yield-farming on Hyperliquid for around 2.5 weeks, returns have been pretty neat so far.
• Vaults have no fees, and charge 10% of profits
• HLP Vault is at 300%+ apr with 3M TVL
• It's on Arbitrum using USDC.e
Hesitated sharing this because I didn't want to dilute my yield 🫶
Trading
I love the trading interface. It's smooth, fast, and they've a great eye on new perps.
There's perps for all the usual coins, as well as RLB, HPOS, UNIBOT, OX.
They just launched FRIENDS perp (friends.tech index)
Try Hyperliquid here 👉 app.hyperliquid.xy...
Three separate governance proposals will be submitted at 11 AM EST on Friday, August 11 with the following outcomes if passed:
Set new liquidity mining incentives to be reduced by 10%
Fund liquidity mining incentives for the next period
Reduce security emissions by exactly 10%
The proposals will take effect immediately upon passing. If passed, the liquidity mining rewards will be:
CANTO/NOTE: 9.435 CANTO per block (-10%)
ETH/CANTO: 3.810 CANTO per block (-10%)
ATOM/CANTO: 3.810 CANTO per block (-10%)
NOTE/USDC: 0.680 CANTO per block (-10%)
NOTE/USDT: 0.680 CANTO per block (-10%)
cUSDC: 0.182 CANTO per block (-10%)
cUSDT: 0.182 CANTO per block (-10%)
If passed, security emissions will be 3.856 CANTO per block (-10%).
Are you all working hard on the Zksync airdrop?
I know that syncswap sites are used a lot when working on airdrops.
Everyone is focusing only on gas fee, but there is something more important than that. That's right, Slippage. Slippage occurs more than expected when converting Ethereum to usdc or usdt and then converting the stablecoin to eth again.
If you look at the attached picture, when you sell eth, you sell it for $ 1822, but when you buy it, you have to buy it for $ 1833. You can see that slippage occurs at about 0.6% every time you trade. Even, if the transaction amount is large, the price impact will occur, so be careful.
Of course, you cannot avoid trading altogether because you are afraid of slippage, but you should at least know that slippage occurs and build up your trading volume. Be careful.
bd! A big shout-out to all the incredible innovators who participated in the @ethglobal.lens Lisbon 🇵🇹Hackathon. We're still buzzing from the energy, amazing ideas (and pasteis).
Here are the winners of the Lens Hackathon 🥁
🥇 InfluLENSer - ethglobal.com/showcase/influlenser-dcvrj
🥈Lucky Fren - ethglobal.com/showcase/lucky-fren-hku8p
🥉 Lenschool - ethglobal.com/showcase/lenschool-ahbut
ICYMI dive into the new Lens SDK blog to learn how you can integrate Lens with just 10 lines of code. mirror.xyz/lensprotocol.eth/LtJBLD6zX_P9EYdsJ2DrT9RaCbiE2vvtajF4Md6wHr0
We also had prizes for the 5️⃣ Best Lens Integrations 👇
5️⃣ LensPub - ethglobal.com/showcase/lenspub-84crk
5️⃣ Teasr - ethglobal.com/showcase/teasr-4ygp5
5️⃣ Highlight - ethglobal.com/showcase/highlight-pfwfz
5️⃣ Lenstarter - ethglobal.com/showcase/lenstarter-cst1r
5️⃣ TBA 🤝 Lens - ethglobal.com/showcase/tba-lens-m8ki4
Today marks our 1 Year Anniversary of making friends onchain 🎂!
Thank you to everyone who has made the first year of Lens Protocol so special and groundbreaking. Lens has brought together builders, creators, communities, and friends, all while in beta.
There's so much planned for the second year ahead, and we can't wait to continue to grow with all of you.
Who did you become frens with on Lens?
🎨 by @nftsushi.lens and all collect proceeds go directly to the artist.
How to grow your Lens account (0 to 500 followers).
Tip #1: What works for big accounts doesn't work for you.
Simple like this.
How many of us are disappointed because what we produce is not noticed, while low-quality content by big accounts gets a lot of comments, likes, mirrors, and collects?
Life could be unfair, but not on this matter.
Big accounts have extensive attention because their content goes to a broader community by default.
A decent or even lousy post could be enough for them to get attention.
So, don't copy strategies from accounts with more visibility than yours. Understand that you are different.
If you want to read the full post, you can find it here: luduvigo.substack.com/p/how-to-grow-on-lens-episode-0-to-500
gm 🌸
We are excited to announce that @lenster.lens has integrated with @livepeer.lens for video transcoding and faster delivery. Livepeer is a decentralized video infrastructure that enables high-quality video processing and delivery at scale 🚀
With Livepeer, we can now offer our users a more reliable and efficient video transcoding solution and faster delivery to the viewers. This means your videos will load faster and play more smoothly, even with slower internet connections.
Also, we now have an enhanced video uploader where you can choose your desired thumbnail 🖼️ or upload your own 💃
We also want to give a special shoutout to @sasicodes.lens for his invaluable help with the integration 🙏