Excited to think about $BONSAI being the Lens token. Lots can be built here, and a token can put it on hyperdrive.

To start, I view cryptocurrencies like $BONSAI as a commodity. Many fall into this camp at their simplest level. For Bitcoin, you can only pay for bytes to be stored in a block using BTC. For Ethereum, you pay for network compute/gas using ETH.

For $BONSAI, this isn't quite the case. So what is it then?

Well, Lens is about social interactions and networks. The more interactions, the more attention one garners through each action. In this way, BONSAI begins to reflect the concept of attention. And since there is only so much attention any one person can allocate during a day, BONSAI and time can be synonymous on Lens.

Now, this is still early stages. Much of BONSAI's future is far from determined. For now, it's simply a way to reward users. But consider for a moment you have one of the OGs of defi @stani at the helm here, so the possibilities start to be imagined pretty quickly.

Is the token used to stake one's attention to a user? Can I stake BONSAI to somebody and receive their private notes/articles/posts?

Can I earn referral fees by sharing things?

Can it be used as a bootstrapping mechanism for early stage creators in a way that creates a mild subsidy via bigger network participants to help smaller niche creators gain traction to ultimately help grow the whole pie - Total Net Attention.

What about advertisers that want attention? Marketers? Products?

They all want your time.

And as we begin to think of social interactions and our time spent on this app, BONSAI has the possibility to be seen as "time" on Lens.

Excited to see how the ecosystem builds atop this token. Excited to see Sigle.io building on Lens and integrate BONSAI into its development.