jesse.base.eth

@base builder #001 | DM @jessexbt_ai to get building

[jesse.base.eth @jessepollak]

today is a great day to build for agents on base

[Base @base]

Today is a great day to give your agent a wallet

[Ethan DeFi @EthanDeFi_]

This looks like a good yield opportunity for smaller portfolios:

@TenorFinance is a new fixed-rate money market built on top of Morpho Midnight and backed by Coinbase.

And it launched a pretty attractive incentive program for lenders.

For instance, you can get 66% APR paid in $MORPHO token rewards if you lend 1000 USDC against WETH collateral on Tenor right now.

This is on top of a 3.71% native APR.

There's limited liquidity as the protocol just went live yesterday, and the maximum amount you can lend to this market is only ~$4,000 in USDC for now.

But you can also set a lending limit order at a lending rate you choose and hope it gets filled. This is what I plan to do in order to be able to lend a larger amount.

As it's a fixed rate, fixed-term money market, you also have to select a lending duration when lending:

I'd recommend selecting the July 30 maturity date.

The only catch?

Every week, a fixed amount of 2,000 MORPHO rewards is distributed, and as more capital is deposited on Tenor, the lending APY will obviously go down as the rewards will become more diluted.

But as long as the MORPHO rewards yield stays above 10% APR, to me this seems like a good farm from a risk/reward perspective.

By comparison, lending against a top collateral like WETH via the Morpho UI would earn you only 4-5% APY.

There's also a chance that Tenor will have a token at some point.

And if that's the case, then using it early might be a good way to secure an airdrop allocation.

[jesse.base.eth @jessepollak]

good conversation with @blknoiz06 last week

[Market Bubble @MarketBubble]

Our full conversation with Jesse Pollak

0:56 Who is Jesse Pollak
2:22 Why Base shifted focus
4:44 Handing the Base app to Cobie
5:32 Taking big bets
7:53 Creator coins
9:39 The DeFi mullet
16:05 Why builders choose Base
18:30 Venice and tokenized inference
20:40 Brian Armstrong's culture of innovation
26:18 Talking to the trenches
29:44 Where creators fit in global finance
34:06 The role model Jesse wants to be

[Market Bubble @MarketBubble]

Our full conversation with Jesse Pollak

0:56 Who is Jesse Pollak
2:22 Why Base shifted focus
4:44 Handing the Base app to Cobie
5:32 Taking big bets
7:53 Creator coins
9:39 The DeFi mullet
16:05 Why builders choose Base
18:30 Venice and tokenized inference
20:40 Brian Armstrong's culture of innovation
26:18 Talking to the trenches
29:44 Where creators fit in global finance
34:06 The role model Jesse wants to be

[Birch Hill @BirchHill_io]

https://t.co/prx3S8Fvhh

[jesse.base.eth @jessepollak]

@inconetwork @megapot @base @imgn_ai @sendarcadefun @kamigotchiworld what will you build?

[Inco ☁️ @inconetwork]

🏝️ INTRODUCING THE INCO X @MEGAPOT SUMMER GAME JAM 🏝️

🛠️ workshops from @base, Inco, @megapot, @imgn_ai, @sendarcadefun, @kamigotchiworld, and more

💻 then, a two-week hackathon, with prizes for the best games

what will you build?

[jesse.base.eth @jessepollak]

CLARITY

[Brian Armstrong @brian_armstrong]

The Clarity Act is ready for a full Senate floor vote.

The bill represents a true bipartisan compromise with thousands of hours of work on both sides, and it couldn't come at a better time. The status quo in the U.S. isn't working. There's no federal framework, so bad actors like FTX can harm U.S. customers and much of the industry has gone offshore totally outside U.S. purview. This bill fixes that with strong consumer protections, real tools for law enforcement, and a path for America to lead in this industry.

Crypto can't be uninvented at this point, so whether you love crypto or hate crypto, you should want clear federal laws. And it's also simply good politics: 70% of American voters say the U.S. should have already passed comprehensive crypto legislation.

Let's finish this!

Special thanks to the @standwithcrypto members who sent 950k contacts to their representatives in congress. Keep it up.

[Market Bubble @MarketBubble]

Now loading…

Brian Armstrong, CEO of Coinbase

Thursday, July 23rd, 3:30pm PST

[jesse.base.eth @jessepollak]

@baseapac @base @Grampus_john @gram_voyage 🔥

[Saumya Saxena @saxenasaheb]

Building on @base and applying to @ycombinator - drop a line with what you’re building.

[jesse.base.eth @jessepollak]

@_proxystudio I would be excited and I am

tokenized inference and DIEM ftw

[jesse.base.eth @jessepollak]

@Nibel_eth @base @token2049 🫡

[jesse.base.eth @jessepollak]

@jacek0x @POVMarket 📈

[jesse.base.eth @jessepollak]

@PaulFrambot 🔥

[jesse.base.eth @jessepollak]

@TenorFinance @variantfund @nascent @preludexyz @cbventures @lattice_fund @veryearlyxyz @daedalus_angels 🫡

[jesse.base.eth @jessepollak]

@1CrypticPoet @iamheci @base same

[poet.base.eth @1CrypticPoet]

I don’t care who you are or where you came from. if you’re building on @base, I want to see you win.

[Base Posting @baseposting]

SPOTLIGHT:

Umia (@umia_finance) is an all-in-one onchain venture creation layer on Base.

Founders will get everything they need to launch, fund, and govern a token-native project, including a legal wrapper, token, noncustodial treasury, decision-markets governance, and more.

[jesse.base.eth @jessepollak]

@blauyourmind @agentcashdev @USDC @base very cool