Snapshot now has an official MCP!
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I disliked the word "Points" because it reduces thoughtful experiences into heartless numbers.
(Needless to say, I'm in deep regret right now.)
If there's any word I dislike even more, it's probably "Wallet."
Like, what does wallet even mean anymore? An EOA wallet is very different from an embedded wallet, which is different from a wallet-as-a-service platform. Not to mention smart account platforms and wallet connectivity protocols.
Somewhere along the way, we started using a single word to describe an increasingly complex stack.
That's why I don't intend to make the same mistake and will fight with X algo til the W word disappears.
MOSS / M(OS)S is a complex system of permissions, identity, security, liquidity, and application coordination hiding behind a deceptively simple interface.
It's an operating system designed to support app builders and end users to achieve their goals, whatever that means.
fOS
After reviewing the Terminal data, we’ve decided to conclude the season early, and sunset our Terminal program.
The points distribution for Week 3 has gone out as normal and a snapshot has been taken of all user activity up to this point, which will be used in our final calculations. This decision did not come easy, but we believe this is what’s best to support our ecosystem.
Next week, we'll run a supplemental points distribution to thank all users who have been exploring and experimenting with the different apps throughout the program.
Eligible Terminal participants will receive a share of the rewards pool in USDM, based on the points accumulated to date as well as activity that supported Mega.
Early next week, we'll open a place on Terminal for one week so you can designate a wallet address to receive your rewards.
Terminal’s main features will be merged with Rabbithole, transitioning everything into one unified chain experience.
Thank you to everyone who has supported us this far. We can’t wait to show you what we have in store.
A note from Shuyao on what’s next:
The existing financial system neither reflects the culture nor addresses the economic realities of this upcoming generation of financial participants.
Our team, composed of emerging market citizens and perma-online Gen Zers are here to build the financial operating system for the internet-native generation.
We’ve spent the past two years building MegaEVM, the fastest execution environment in the industry. The MegaEVM withstood a 11B tx stress test in mainnet production, averaging 40k TPS, while consistently charging lower fees than all others competitors.
Our technical milestones paved the way for a collaboration with @chainlink to begin building the first real-time oracle, providing unparalleled speed and security to the DeFi ecosystem.
The past two years has seen a notable and eventful ecosystem grow through MegaETH. Today, some of the most interesting new applications sit on Mega. The points program on Terminal has allowed crypto-native users to further explore the initial Mega Ecosystem, but we believe it has run its course.
We will be providing boosted USDm rewards to all eligible participants in the program. Moving forward, we will double down on sourcing and accelerating the best applications on MegaETH through personalized GTM, targeting users beyond crypto.
We are momentarily launching the MOSS SDK, a self-custody wallet that unifies liquidity between applications while maintaining top in class security through smart approvals.
These pieces lay the foundation for M(OS)S to become the financial OS built for users born to this generation.
Live Q3, MEGA blends finance and entertainment with primitives and risk preferences that have never been available to everyday users.
The MOSS SDK is uniquely positioned to solve the embedded wallet <> generalized wallet dilemma by giving best in class security guarantees to users across all apps while still maintaining one unified account.
MOSS SDK builds on the foundational work of Porto by Ithaca, providing a user-first mentality to product. We look forward to working with applications to integrate Moss and provide users with a solution to the crypto UX problem.
The legacy financial system merely adopted the internet, it was not born in it. M(OS)S is being built by people who understand the culture of internet-native users and how finance, entertainment, and identity are converging online.
Just 7 days after launch, Swiss Vault paid out ~$784k in USDm to money launderers.
Vault currently holds 312k USDm ready to be laundered.
Burn $DIRTY and claim your share of all the future cycle reward pools.
@OnchainChemists@AbstractChain@OnchainChemists I would recommend the following change: The bomb can detonate at any time, with the probability increasing as the timer progresses. This would give early players a better chance to win and help increase overall activity.
abstract bros coming to megaeth...
ayo @cryptoleon create some shit on faster
we've got anti-sniping mechanics
our ux is fun
and we've got the bad bunnz community that is highly autistic
come here, water's warm (peed in it)
Prism is now live on Terminal.
Terminal is the hub for the entire MegaETH incentive program, and we're proud to be one of the earliest apps included.
Pick Prism in your boosted apps to get in from epoch one.
Three ways to start right now:
- Deposit directly from card, CEX, or wallet in one flow with our partner @swapperfinance.
- Kick off your Terminal leaderboard climb by using Prism.
- Trade and LP $MEGA today for boosted Prism points.
https://t.co/DdCguL5njD
https://t.co/zMGOnHa6IB
megaeth literally cashed you out at the top of the market
today, when you got your money back, they simply gave you a ~2x exit, minimum 1.6x
for the chads who didn’t want to exit, it’s offering unique defi apps to farm with solid incentives
as if that wasn’t enough, they gave the best possible terms to early echo and fluffle investors
they delivered all of this in absolute garbage market conditions. in a dead environment where nobody wanted to touch any altcoin
if you still hate on it after all this, you are a parasite and you need to get the fuck out of this space
thanks for playing