VP of Product @ Polygon Labs, Venture Partner 3SE Holdings Past: @lensprotocol & @aaveaave Founder @uproundvc & Core @ConstitutionDAO
Not Financial Advice, Opinions are my own. Go Blue!
Well, I ain't gotta dollar But I don't need a dime I got a little spot in the country Where I spend all of my time When the sun goes down on this itty-bitty town We can light up the bowl and pass it around And I ain't gotta dollar But I don't need a dime
Well, the rain could be pourin' Or the sun shinin' down Long as my old truck still fires on up And there's crops growin' in the ground We'll have to pick some muscadine right off the vine Get a little yeast and make a little wine 'Cause I ain't gotta dollar But I don't need a dime
Our team has done a lot of work on lowering the cost of proving transactions inside a zkRollup. The new zkEVM prover can prove transactions at a rough cost of $0.000052/tx.
For scaling context: you could prove every post, comment, follow, mirror and collect on @LensProtocol for under $1300, less than 1 ETH... and we are just getting started.
Tag other popular apps and I'll reply with how much it would cost to prove all their transactions, and get ready to see these optimizations over on Polygon zkEVM soon :)
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.
Wallet <> Chain Alliances are forming... personally incredibly bullish Sequence and Avocado
Context: data that helps give meaning to other data.
Smart contracts rely on a lot of context when building efficient systems. In the multichain world, context is getting left behind, with trusted oracles & inefficient systems left instead.
It's time to bridge that context
An example of context: wstETH. Any wallet can hold the wstETH token and interact with it, however contracts might like to know the rate between wstETH and stETH. This context is provided by the contract via stEthPerToken()
.
etherscan.io/token/0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0#readContract#F10
The problem arises once wstETH is bridged to another network. This context, is no longer present in the bridged token. Instead contracts must rely on a trusted oracle or operate without the information, both suboptimal solutions.
For my fomo #ETHLisbon hack, I built Context Provider
, a pair of contracts that lets anyone bridge rate provider data from Ethereum to Polygon PoS & zkEVM using FxPortal
. No permissioned actors. No oracles. Designed to bring contextual ERC-4626
data to a multichain world.
github.com/oneski/context-rateprovider
NOTE: Code is not well written, I am not a contract dev. Code is not audited. Don't use in a production environment. Please fork responsibly.
(Alfa: What zkEVM projects leverage a rate provider and can bring hyper efficient DeFi to the low gas chain )
As Lens Protocol continues to grow, our design team would love to get feedback from the community to continue enhancing the user experience for our most important segment: our community 🌿
This feedback survey takes a maximum 12 minutes to complete: www.surveymonkey.co.uk/r/GDGW3W8
Saw this trend on the blue app, so trying it out here. Please comment with your answer (don't be afraid of 🌶️ takes):
City I dislike: San Francisco
City I think is overrated: London
City I like: Porto
City I love: Madrid
City I feel most myself in: NYC
City I still need to visit: Bogotá
City I dream of living in: Tel Aviv
What about you?