Wanna know how OpenSky facilitates lending and borrowing of $APE tokens empowering APE stakers everywhere anytime !??
Join us here !!!
https://t.co/BNKXRO73HG
The "centralized anything is evil by default, use defi and self-custody" ethos did very well this week, but remember that it too has risks: bugs in smart contract code.
Important to guard against it:
* Keep code simple
* Audits, formal verification, etc
* Defense in depth
The BAYC floor price is in bear mode these days, with many BAYC liquidations happening on BendDAO, with around 20 BAYC currently facing liquidation. @franklinisbored is a smart NFT trader trying to earn trading profits in the bear market via the BendDAO auction process.
$APE Staking Update: Twitter Spaces is back on! 🎉 Wed 11/9 @ 1pm ET, join ApeCoin DAO member & Horizen Labs Prez Dean Steinbeck + Product & Engineering superstars on what it took to get this beast built and ready for launch. https://t.co/Bs7rZhzNzL
Two big lessons:
1: Never use a token you created as collateral.
2: Don’t borrow if you run a crypto business. Don't use capital "efficiently". Have a large reserve.
Binance has never used BNB for collateral, and we have never taken on debt.
Stay #SAFU.🙏
Ape Staking Update: Here's a nice walk-thru of the platform plus a technical deep-dive from the Horizen Labs dev team explaining the finer points of the smart contract. https://t.co/UatzNmHvmd
#APE
"ApeFest 2030"
So much happened with @BoredApeYC in just one year. I had fun imagining what it's going to be like in a few more. Took about 8 days from idea to render 🙌
#BAYC
This article focuses on introducing and explaining an innovative Discrete Time-Based Liquidation mechanism that not only solves the problem of #NFTLending cascading liquidation risk, but also greatly improves the user experience for borrowers.👇👇👇
https://t.co/uEqQKuRRzg
It’s #Airdrop season and OpenSky is planning some juicy airdrops for our early users, don’t miss your chance to get in on the action while earning sustainable passive income and putting your #NFT assets to work🧐
We are hit the $700,000 TVL milestone, next stop $1 million! Our lenders are earning 7%+ #RealYield on ETH safely on top of @AaveAave. Our borrowers have received Instant loans using 3 #BAYC, 2 #MAYC and 1 #CryptoPunk and 1 #Azuki has been staked to get a Bespoke loan.
Reserves in the stETH/ETH @CurveFinance LP have more than doubled since the Merge.
Pre Merge (Sep 14)
stETH: 389,394 (72.9%)
ETH: 144,543 (27.1%)
Total: 533,937 / $836,441,992
Post Merge (Today)
stETH: 697,363 (55.5%)
ETH: 556,803 (44.5%)
Total: 1,254,166 / $1,692,305,245
“The Graph Roadmap for 2023” has just been published by @graphtronauts 🚨
@graphprotocol has an exciting roadmap for the next twelve months that is going to make #web3 more easy to use for #dApps developers and with focus on #Decentralization
https://t.co/lGWfYokLTH
1/11🧵
NEW episode of 'web3 with a16z' is a journey through NFTs, art, gen art, AI, the evolution of mediums incl blockchains; debates around cc0, modding vs copying, royalties, role of brands; wisdom of crowds; building in web2 v web3
w/ @kevinrose & @cdixon
🎧 https://t.co/RfLA40UeSk
Research engineer @moodlezoup just open sourced a Solidity implementation of an overcollateralized sealed-bid auction.
To start, a few things about bringing sealed bid auctions on-chain. 🧵
https://t.co/m1ZLpUUcxe
Planet is a macOS native app with three main features: static site generator + RSS reader + IPFS node. You can build and publish a website to IPNS and set it as your ENS contenthash. Here is the Planet app's blog created with Planet: https://t.co/XpP3grfcWn
I have this theory that subgraphs could eventually solve cross-chain bridge challenges once mutations are supported, as the graph network could be used for verifiable consensus and subgraphs as interfaces for interacting across chains