🤝 We are using @TokenDao_'s decentralized token registry to bring accurate, reliable, and up-to-date token data to all #Blockscout users.
🌐These include token symbols, metadata, project URLs, social media links, and others.
🔗 Learn more here: https://t.co/1dNzA9QvsE
The building blocks of your DeFi application start with TKN. A unified, decentralized namespace for token symbols—secure, scalable, and unstoppable. Partner with us today. 🌐
Introducing: L2 Data Submissions
Users can now submit token data to TKN using any popular chain. This reduces the cost from ~5 dollars to just a few cents, and will drastically increase the volume of data submissions.
Multichain data submission "just works". This seamless unification of fifteen chains will enable the best user experience in crypto, one where the user no longer needs to think about which chain they are on.
Enabling multichain submissions will help accelerate our mission to index all crypto token metadata. Hop into the TKN app and submit data today!
Equalizing access to ticker creation is the key to a better world. Everyone should have a shot at creating something. Access to the infrastructure of value shouldn’t be limited to the privileged few.
'npm i tkn' coming soon.
TKN has taken delivery of the official 'tkn' npm package.
The Token Name Service will be the easiest to integrate token API in the industry.
Introducing social validation: TKN's newest primitive & Farcaster Frame
With the advent of decentralized social media, user reputation can be another form of value used to earn yield and secure the TKN dataset.
Users that validate a token's metadata will receive $TKN as a reward.
As this is the first version of the social validation tool, we are experimenting with incentive amounts with the goal of validating the entire dataset. We may issue retroactive rewards for:
- Validating obscure tokens
- Being an early validator for a new token
- Submitting a new datapoint that is later verified as accurate
- Correcting an existing datapoint
To view the frame, visit the /tokens channel on FC, where the frame is pinned. If you want to post a validation frame for a specific token, include (validate.tkn. xyz/ + ticker) in your cast.
Thank you to all the contributors that have helped build the most secure, comprehensive, and unruggable onchain dataset.
Are you doing the technical missions? Looking for interesting subgraphs to showcase in your query example?
Check out this quick blog I wrote showing how to use the TKN (Token Name Service) subgraph to get the addresses and chain associated with a specific token symbol!
👇👇👇
https://t.co/nG6Q0inx1l
@TokenDao_@graphprotocol@viamirror
What do we mean when we say TKN is a 'global' namespace?
In programming, a global namespace means that any line of code across the entire codebase can access the same state.
TKN is also global in that all apps, protocols, or computers will access the same TKN token data, regardless of the language it's written in, or the location of the physical hardware.
Contrast this to tradfi where each exchange has it's own separate set of tickers that are stored on disparate, closed source systems.
Having a single financial namespace is an economic unlock, as users and developers no longer have to check for collisions. The token you see, is the token you get.
Liquidity can flow to the biggest of the big, and the smallest of the small caps, all on the same infrastructure.
While TKN as a global namespace may sound like it's a slogan for a popular app, it actually has a specific connotation in computer science.
TKN this week
- Some of us will be at FarCon. Who’s hacking?
- Discord got a revamp. Thank you jkmoriarty!
- Eligibility for the airdrop has ended. Follow on X or join the Discord for updates.
- We're acceptance testing something very special over the weekend. Stay tuned!
- TKN dot xyz for whitepaper, docs and Discord invite