4️⃣ years ago the first version of PoolTogether went live.
Happy anniversary to all Poolers and to anyone who contributed to this day!
Before we fully dive into the future of the protocol, let's celebrate what was achieved so far! 🥳 ⏬
The first version of the PoolTogether protocol was launched at the peak of crypto winter in June of 2019.
Bringing the concept of No Loss Prize Savings onchain attracted over 500 unique savers to pool 150,000 DAI in the first 6 weeks.
Only 69 days later PoolTogether V2 was released.
Savers now enjoyed weekly prize draws, the eligibility to participate in all future draws and instant withdrawals.
The result:
$34,000 in prizes awarded, 12,000 global users, and zero dollars lost.
PoolTogether V3 followed in October 2020.
V3 introduced:
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Many prizes across different prize pools
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Deposit rewards for everyone
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New asset types, yield sources, and prize distributions
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Provable randomness with @chainlink.lens VRF
V3 👉 $8M in prizes distributed
In October 2021, V4 of the protocol rolled out with daily prize draws and major improvements to previous limitations.
PoolTogether was now multi-chain and allowed creating thousands of winners & larger prizes. The whale-proof design ensured fairness for small fish.
Since launch of V4, the protocol distributed $3.2M+ in prizes to more than 320K winners.
One thing hasn't changed from the beginning: PoolTogether is the No Loss protocol. It's almost time for the next upgrade. A PoolTogether that combines the best of all versions.
A fully autonomous and permissionless protocol accepting all tokens and yield sources.
More on that soon.
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 )
Our Crazy Story!!
A little bit about us & our latest song, “So Deep” 🤍 You can hear it on all streaming platforms here: symphony.to/karmavioletta/so-deep-1
Collect our story on chain for 2 MATIC - 20% referral fee
Shoutout & much love to everyone in this video & to everyone who's been a part of our journey 👀 @karmawav.lens @violetta.lens @wavwrld.lens @lensprotocol Zoratopia @tkthelegend.lens @0xbunzy.lens @keatly.lens & Dequency @stani.lens @vibing.lens @sammyarriaga.lens @ravibakhai.lens & the 402, Simon, @sirlenny.lens @watchereth.lens @beatsapp.lens Essence, Tori, Nik Wadz
#karmavioletta #wavwrld #newmusic #musicnfts #powercouple #music #surfing #artist #musicians #producer #DJs #singersongwriters #musicduo #couple #couplegoals @mixtape.lens @creators.lens
I just voted "Yes" on "Poll by @stani.lens%22 snapshot.org/#/polls.lenster.xyz/proposal/0xb48787ee4d877ede83434a2e4c5c194b4853cd2b6231c20e02d3b3ba9861b06a #Snapshot
I just voted "Yes" on "Poll by @stani.lens%22 snapshot.org/#/polls.lenster.xyz/proposal/0x5214d5c716d88ba6acf0c0a0746361fabea70734de624787daca8821dbb2560c #Snapshot
New Feature Alert: Collect Music on Riff & Lens Without a Lens Handle!
Welcome back to our Music Creator's Guide! 🎵🎧
In this video, we're thrilled to announce a new feature that makes your music experience on Riff & Lens even more accessible - now you can collect music without a Lens handle! 💥🎶
Riff & Lens are always evolving to make the music collection process easier and more enjoyable for our users. This new feature is a game-changer for anyone wanting to explore and collect music on our platform.
The video will guide you step-by-step on how to collect music from an account without a Lens Handle. We've made the process simple and intuitive, so you can enjoy your favorite tracks hassle-free.
But that's not all! Remember, every time you collect a post on Riff & Lens, the creator gets paid. So you're not just enjoying great music, you're supporting artists too!
Join our community and start collecting music today. No Lens handle? No problem!
🔗 Start collecting on Riff & Lens: www.beatsapp.xyz/
Connect with us:
🔗 Twitter: twitter.com/Riffappxyz
🔗 Lens: lenster.xyz/u/beatsapp
Don't forget to LIKE, COMMENT, and SUBSCRIBE for more updates and guides!
#RiffLens #MusicCollection #NoLensHandleNeeded #NewFeature #AI