gwilym

novelist in training | newsletter @bankless

[gwilym @wmpeaster]

https://t.co/sPNEP2Fz8W

[ross.wei @z0r0zzz]

/zSwap, a fully onchain decentralized exchange built on Ethereum, with all code, including frontend and application logic, stored on mainnet smart contracts./

[Bankless @Bankless]

NEW EPISODE - NFTs Are Getting Fun Again

FWA (@token_works) turns NFT trading into a game: pull a random asset, keep it, or take the $ETH backing.

@rhynotic and @econoar join @TrustlessState to break down:

• Why NFT liquidity dried up
• How FWA creates a shared liquidity pool
• Why “gacha” mechanics actually work onchain
• The new FWAR launch model for NFT collections
• How tokenized Pokémon cards, watches, stocks, and more could eventually enter the same market

CHAPTERS
---

0:00 What Is Fake World Assets?
1:38 Making NFTs Fun Again
3:55 How the FWA Pool Works
8:42 Why Eric Is Bullish on FWA
13:20 A Liquidity Layer for NFTs
16:00 From NFTs to Real-World Assets
20:13 Pricing, Buybacks and Incentives
28:36 Custom Pools and New NFT Markets
31:57 The FWA Token
39:06 FWAR and a New Way to Launch NFTs
48:47 What Comes Next for FWA
50:12 Multichain FWA and the Bigger Vision
54:46 Closing Thoughts

[ross.wei @z0r0zzz]

FWA is now backed up on purely on Ethereum (ERC-8244) via FWA.wei 👍 Onchain games. Onchain HTML.

[ross.wei @z0r0zzz]

some people might not know I have a legal background. Here are some crypto law concepts I have invented and deployed into wild. Worth revisiting now that chains are cheap and liquidity is more abundant.

[gwilym @wmpeaster]

@Punk4725 thanks for reading!

[gwilym @wmpeaster]

one month after launching, Fake World Assets by @token_works has

-become a major volume draw + gas consumer on Ethereum
-(re)catalyzed more building around L1 NFTs, Uniswap hooks, etc.
-become a top crypto protocol by holders' revenue, outpacing many larger projects
-kept its tokenomics wheeling with significant FWA buybacks post-emissions
-introduced new onchain primitives (e.g. FWAIR launches)
-fielded a growing eco of permissionless extensions like Pull Pool, FWAP, LFWA, etc.
-kept a regular cadence of new features, with user-owned pools next up

in other words...

it's done really well so far and pointed the way to new creative terrains onchain, there's a lot to like here imo!

[Bankless @Bankless]

https://t.co/iUbEhDvJJW

[networked @networkeddotart]

Upon My Return by @wmpeaster

[ripe @ripe0x]

i've been working on something called shapes

the idea is fungible value as a non-fungible, generative object

each nft holds an exact amount of eth and that amount determines what it looks like, all generated onchain, and the holder can destroy the shape at any time to redeem the eth

there are nine fixed value tiers, from 0.01 to 100 eth, and as the value goes up the image gets simpler

shapes can also be combined into higher value shapes, with their eth and history carried into the surviving object

while it exists, that eth has a form and it can be collected, traded, or used in other contracts with its exact value readable onchain

which means the same eth can behave like an nft without giving up being eth

releasing soon

[Quit @0xQuit]

Top 3 gas guzzlers right now:

1) FWA
2) Tether
3) Chainlink (thanks to FWA)

Onchain is back

[stomp.gg @stompdotgg]

Hi everyone, dev here.

A NEW STOMP PATCH IS LIVE

we got:
- a new mon
- ANOTHER new mon
- daily boss battles
- mobile UI improvements

[gwilym @wmpeaster]

https://t.co/33DhrjDLl0

[Adam @surfcoderepeat]

you're not bullish enough because your conviction is determined by red and green candles instead of the fundamental reasons any of this technology exists, you don't see where the puck is going you skate there after everybody else

[gwilym @wmpeaster]

@Rhynotic happy belated bday!

[Bankless @Bankless]

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[David Hoffman @TrustlessState]

Yo fam, we built something at @Bankless that's materially upgraded my Claude responses

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We keep it updated with every new article and episode, so it stays current

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check it out and lmk what you think!

[networked @networkeddotart]

On Dappled Go by @wmpeaster

[networked @networkeddotart]

Handing Up by @wmpeaster

[ross.wei @z0r0zzz]

today I am releasing the ultimate, and final DEX: zSwap.

The first decentralized exchange that runs 100% on the blockchain. As a complete DeFi stack that runs forever.

[trent.eth @trent_vanepps]

"Why should Ethereum not subsidize unbounded stake growth? I only hear the monetary premium argument"

I've seen a number of people asking this, so here's my take:

Bounding stake growth maintains the deterrence effects and credibility of slashing penalties