Most stablecoin liquidity remains underutilized in wallets, while users experience poor execution & high fees moving across chains.
What if every stablecoin holder could earn yield by powering the infra that fixes this?
Introducing Crowd Liquidity: https://t.co/kj3y3FRPQN
One Click. Full Send.
Introducing @Eco Routes: Easy-to-integrate stablecoin liquidity between any chain, any time. Connected by Hyperlane.
Discover how ⏩ https://t.co/JVxgPxuIxY
Eco is launching Routes in beta on @Base, allowing any Based app to accept stablecoins from any connected network seamlessly.
Eco initially supports transfers between Base, Arbitrum, Optimism, & Mantle (and we’re adding new routes, coming soon!).
https://t.co/48lXfNRSfb
Can one simple integration allow an onchain app to easily accept stablecoins from multiple blockchains? Yes.
Eco Routes is now live in beta on @Arbitrum, @Base, @Optimism, @0xMantle–more coming soon!
Developers on any of these networks should dive in 👇https://t.co/48lXfNRSfb
HOLY COW--a balanced story from NYTimes about #debanking. The DC blob has clearly coordinated to deny that it's happening (eg, WaPo, Punchbowl & 60 Minutes denial stories last weekend), but NYTimes broke ranks & finally admitted that yes, it's happening:
https://t.co/vCBVvUzjKR
DAOs will become cybernetic organisms
If you want to see where I think DAOs need to get to, check out the discussion I've started on the @TheZKNation forums.
I believe that DAOs need to shift away from their current paradigm. We need to move them towards more mechanistic systems where humans are at the edges. What we need is progressive automation.
The @zksync governance system is shaping up to be a new way of thinking about DAOs. It moves away from thinking about giving money to people to manage, to giving it to contracts to emit. It calls these TPPs, token programme proposals. This is the first time I've seen the basis for a governance system that I think could move us towards what DAOs, particularly protocol DAOs, need to become.
Imagine a system of smart contracts that all do things that bootstrap ecosystem network effects. It might be emitting tokens to liquidity providers, it might be seeding innovation on the network, it might be incentivising communities and cultures to form, but it isn't send this money to a committee who make centralised decisions on how to spend it.
As it stands DAOs get overloaded with deliberation at a global consensus level, expecting delegates and token holders to pile through endless complex decisions open scope decisions. The result is everyone gets bored and the only people remaining are the most dedicated forum warriors and professional delegates. The outcome is people offload chunks of treasury to centralised teams to manage.
In here, I propose a system that builds a framework for sequences of token programmes, essentially smart contract mechanism lifecycles, with a periodic set of decisions: START (the propsal), STOP, CONTINUE, PAUSE, ITERATE. Simple decisions made from structurally embedded evaluation moments.
Feedback loops, not focus groups.
Anyway, check the post out. If you like it (or hate it) join the forum and give it a like and drop a comment. I'd love to know what you think.
https://t.co/pr5Cllcdem
Eco will be a highly efficient, low cost infrastructure for any stablecoin, on any network.
Onchain app users will no longer have to:
- Hold protocol gas tokens
- Use multiple tx's
- Use bridges to switch networks
- Much more!
Learn more about Eco: https://t.co/Ggl5bbxTIu
One click. Full send. For any action onchain.
We're building a new protocol to enable apps to unlock stablecoin liquidity from any connected chain and give users the simplest possible onchain experience.
Introducing Eco: https://t.co/HbAJbd4fzd
Missed the news? Free transactions on Beam! 🗞️
You can now enjoy 3 complimentary transactions every day! 💸
Each day, these free transactions will reset at 12:00 UTC, so make them count 👇
https://t.co/2QvnFEO7u6