We're proud to introduce Lens Improvement Proposals (LIPs). This open, collaborative process will guide the future development of Lens Protocol.
Taking inspiration from the successful Ethereum Improvement Proposals (EIPs) and Aave Improvement Proposals (AIPs), LIPs takes a step towards decentralized governance. The LIPs process will foster an inclusive, transparent and collaborative environment.
You will find how to participate in LIPs in the Lens Protocol’s GitHub repository, which streamlines the community participation process. It gives anyone the chance to submit proposals, and promotes open discussion.
Let's dive into the first three proposals that are live today:
LIP-0: Establishing an Open Governance Model. A process where the Lens community can propose improvements to Lens Protocol. From the submission of proposals to transparent discussions — we aim to foster an open, collaborative, and inclusive decision-making governance model.
LIP-1: Open Standards for Algorithms. A proposal to establish open standards for algorithms — based on the open Lens data layer — that will encourage the development of third-party algorithms, diverse experiences and provide user choice.
LIP-2: Open Standards for Metadata. An initiative to establish metadata standards for Lens Protocol, promoting transparency, interoperability, and user empowerment.
Take a deep dive into LIPs in our latest blog: mirror.xyz/lensprotocol.eth/8uxN9fMYBOqyDW5yZ6O3DDdOLEv1jJtxcw9qk4c4wgM
LIPs are our next step in enabling community involvement in shaping Lens Protocol's future.
Join us at github.com/lens-protocol/LIPs
Meet our April Grantees 👻
We're thrilled to welcome 7️⃣ innovative projects to the Aave Grants fam.
Want to learn more? Keep reading for a spotlight on each team and how they’re contributing to @aaveaave.lens & @gho.lens. Join us... ⬇️
1️⃣ Risk Radar for GHO by Into the Block
Into the Block's Risk Radar will empower Aave and GHO users to make informed decisions about the protocol and their positions. The dashboard will include custom-made risk indicators for GHO and be freely accessible.
2️⃣ Block Analitica
Block Analitica will build upon their popular and high quality Aave Risk Dashboards by adding support for GHO. The new features will help users understand the stability and solvency of GHO including user, borrower and liquidation metrics.
3️⃣ Awesome Aave
Awesome Aave will be the ultimate platform for discovering and exploring the most exciting projects in the Aave ecosystem. The one-stop shop will highlight different projects built on top of Aave including previous grant recipients.
4️⃣ Cryptografiq
Cryptografiq will enable users to automatically lend tokens received from various streaming protocol, like Sablier or Llamapay, without having to claim them. This will allow tokens to earn yield for users on Aave, rather than sitting dormant.
5️⃣ Strateg Protocol
@strateg.lens is building an omnichain social yield infrastructure, allowing the creation of complex yield strategies without any lines of code, which users can share with their community and be paid for. Strateg will integrate Aave so strategists can use Aave to create strategies (including automated loan management) and users can invest in strategies that leverage Aave without having to worry about the chain or the starting token.
s/o @jeanbrasse.lens & @manuredpills.lens
6️⃣ Senate
Senate is a governance facilitation tool that reduces the friction of participating in governance. First outlined in a TEMP-CHECK, they will build tailored features for Aave DAO starting with email notifications for governance activity.
7️⃣ Aave Inspires Ladies in Blockchain by Ladies Network for Economic Freedom
Aave Inspires Ladies in Blockchain is a conference in Ghana that will educate around 50 women on blockchain and the Aave protocol. The event will promote entrepreneurship and create awareness of Aave.
👻👻👻👻👻👻👻
Congrats to all seven grantees! We're proud to have you as a part of Aave Grants DAO and cannot wait to watch your contributions 🚀
To read more details on their grants as well as a full overview of AGD’s work completed since our renewal in January check out our halfway update on the governance forum: governance.aave.com/t/agd-renewal-4-april-2023-halfway-updates/13683?u=0xbilll
DeFi community should celebrate exploits and bugs. Its not great when a protocol might get drained and affecting its users, but for the longer term attack vectors that are fixed in DeFi will create a more resilient financial system that we all can rely on in the future.
There are plenty of examples of celebrating failures. Supercell celebrates with funerals for games that don't succeed. SpaceX celebrates even rocket launches that don't reach the orbit. In both cases millions or tens of millions of losses are incurred if not more.
Building DeFi is hard enough especially for contributors that are building safely and for adoption. The space needs to appreciate failures as well and incentivise risk taking to achieve a better overal outcome.
You may be used to just using one or two, but there are dozens of amazing apps on Lens all with their own unique experiences, design, and focus.
You can see them here: www.lens.xyz/apps
Questions:
What is the most underrated Lens app?
What is your favorite Lens app?
What type of app would you like to see built on Lens?
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.