Hey migration to the new Lens:
▓▓▓▓▓▓▓▓▓▓▓▓▓▓░ 90% complete.
The Ultimate $KAIRA Token Earning Guidebook 👇
GM frens 🙌 As I can see, many newcomers are joining us on @kaira lately 🥳
I wanted to explain how Kaira's rewarding model works and how you can earn $KAIRA token rewards on our platform.
1️⃣ If you have staked $KAIRA balance in your wallet, then your engagement has financial value on the Kaira platform.
2️⃣ If other users have delegated staked $KAIRA balance to your wallet, then your engagement also has financial value on the Kaira platform.
3️⃣ If your engagement has financial value, that means when you interact (comment, mirror, and collect - soon) with a post, that post earns $KAIRA rewards from the reward pool based on your Engagement Value.
4️⃣ Each post can earn $KAIRA rewards from the reward pool for the first 7 days.
5️⃣ After 7 days, the rewards accumulated on the post are split between the post's creator and the people who interacted with that post. So, both parties will be rewarded in this way.
6️⃣ These rewards are distributed to your wallets as staked $KAIRA tokens. Therefore, when you earn rewards, you automatically increase your Engagement Value on the Kaira platform.
7️⃣ You are currently unable to claim your earned rewards, but you will be able to claim them and increase your Engagement Value on the Kaira platform with the upcoming Kaira V2 upgrade!
8️⃣ We have started to delegate 5000 staked $KAIRA tokens to the most active users to boost this decentralized reward distribution model on Kaira.
So, you can stay active on Kaira by posting and interacting with current posts and get $KAIRA delegation while you are earning $KAIRA rewards from the engagement you received.
I hope this post helps you find answers to most of your questions. If you have any other questions, feel free to reply to this post and ask!
Don't forget to check your current token reward balance on the @kaira platform! ✌️
Lens has partnered with @avail_project to support high-volume consumer applications on Ethereum.
Ethereum stores transaction data onchain, while @zksync validiums keep it off-chain -- yet fully verifiable. Avail DA ensures instant data verifiability and accessibility and is purpose built to handle a ZK stack like Lens.
Avail DA provides the necessary infrastructure to support scaling the Lens Network to millions of users.
Lens is building with partners who share our vision of open, resilient networks. With Avail DA, Lens will offer a robust, scalable, and cost-effective foundation for building the next-generation social experiences.
Now live in Zerion: Mode Network
🪙 Access ERC20 tokens
📊 Track balance & positions
🧾 View transaction history (for Zerion wallet)
🔌 Connect to dApps on the network
Explore Mode with Zerion 👇
app.layer3.xyz/quests/explore-mode-with-zerion?slug=explore-mode-with-zerion
The Aave DAO just approved a V3 pool designed specifically for @lidofinance stETH and wstETH.
This new Lido pool is the first custom deployment on Aave V3, showcasing the protocol’s versatility and capability to optimize specific use cases.
Liquid staking tokens currently comprise the largest market share of collateral assets on Aave. stETH is the largest collateral source on Aave, with $4.63B supplied, or ~30% of the total Ethereum V3 market size.
This new market enables the Aave DAO to optimize ETH borrowing dynamics by tuning collateralization and interest rate parameters in an isolated market. It minimizes cross collateral risk from other tokens and creates a venue to introduce new Lido Alliance partner tokens.
Importantly, this deployment paves the way for a new strategy: custom deployments can be done by third parties to optimize parameters for specific use cases such as institutional or isolated collateral markets.
Lido will provide liquidity incentives to users & builders for novel use cases of staked ETH, supporting further growth of the Lido ecosystem and making Aave the preferred venue for users who leverage wstETH.
Read more: <avara.xyz/blog/aave-dao-launches-lido-specific-market>
Custom Aave markets are here. 👻
First debut market is Lido Market, enabling optimized use-case for stETH/wstETH users.