Ifeoluwa Oderinde 🌱

Learning. Community @ETHGlobal || DAO @buidlersafrica || Previously @MESTAfrica

[Ifeoluwa Oderinde 🌱 @owanikin]

I finally hit publish😂 on Understanding The Ethereum Yellow Paper https://t.co/JqVbn9FKvz

Hope you find it helpful.🚀

[I D R I S @olanetsoft]

Hi @cz_binance 👋

Your thoughtful approach to leveraging crypto for charitable impact resonates deeply with our mission at @web3afrika, which is a @developer_dao spin-off. As a crypto-native, non-profit organization, we’re built on transparency and trackability, which align perfectly with your requirements.

We’ve onboarded, educated, and supported 5,000+ African Web3 builders directly, about 15,000 across different channels and outreach through boot camps, events, and workshops, and given about $5k+ in bounty.

With support, we aim to expand to five or more African countries in 2025, train 20,000 builders, and fund fifty or more public goods projects that tackle local challenges.

Your Contribution Would:
- Sponsor hackathons to fuel innovation.
- Scale scholarships for underrepresented builders.
- Fund open-source tools for Africa’s Web3 ecosystem.

You can find our 2024 recap here:
https://t.co/1B10CejtO8

[Ifeoluwa Oderinde 🌱 @owanikin]

This year, last year.🏃‍♂️💪

[Ifeoluwa Oderinde 🌱 @owanikin]

@iammadab Yep. Kindly share some of your materials

[Web3 Afrika | web3afrika.eth @web3afrika]

Kicking off the Build Event with a welcome note from @olanetsoft

Still on the mission of enabling web3 builders in Africa and beyond

@OasisOnchain and @ThankArbitrum. #Web3AfrikaXOasisOnchain

[Yele | Onboard 🌐 @YeleBademosi]

Onchain Summer is back! And your art can to be part of @OnboardGlobal's collection this year. 💙

Here’s how👇🏾

1️⃣ Submit your art by 09/06/24 https://t.co/m6U8BEe9mV

2️⃣ If shortlisted, rally supporters to mint your art as votes

[Ifeoluwa Oderinde 🌱 @owanikin]

Be useful, contribute to the increasing entropy of the universe.

[Ifeoluwa Oderinde 🌱 @owanikin]

Where is man's hair??

Looking forward to this!📚

[Ifeoluwa Oderinde 🌱 @owanikin]

LFG!!
📣 Excited to attend the second part of this workshop on "Staking with Ethereum using Distributed Validator Technology (DVT)" hosted by @blockopsnetwork and @BuidlersAfrica this Sunday! 🚀 Click the link below to save your spot! https://t.co/nYEWfjcMvE

[bonadocs🛸 @bonadocs]

Announcing our Bonadocs (@bonadocs)/Arbitrum (@arbitrum) hackathon🛸🤩.

To participate in this hackathon, devs would deploy and document their contracts to the arbitrum network using our CLI tool.

[Reserve 🌐 @reserveprotocol]

📣 Today, Reserve announces *four* major new initiatives to bolster its mission of increasing access to stable, long-lasting, inflation-proof currency.

“Progressive decentralization” isn’t just a catchphrase — read the incredible announcement in detail: https://t.co/cqWR6XjhjL

[aidan @Aidan_Wolf]

It’s incredibly hard to execute a vision this simple

[Yoseph Ayele @yosephayele]

11 days left to apply for magma - a founder residency for top African entrepreneurs building onchain!

https://t.co/roboR1giPm
Happening 3-15 March 2024 with @borderlessaf

magma is a peer-to-peer coordination point for founders building Africa’s economy and finance onchain, and offers top global support.

25 founders. 10 global mentors + supporters. 12 days on a mountain peak in the heart a nature reserve 90 minutes outside of Nairobi, Kenya.

Who is magma for?
Exceptionally talented founders who have a live application/protocol onchain or on path to be onchain.

If you are on a mission to build financial and economic tools+services for the African market, magma is for you.

We are also accepting really talented individuals who are not yet building a venture (technical and non-technical).

Why join magma?
1. Spend time with quality founders to learn from each other, workshop your ideas, build partnerships, and form a community of peer support.

A billion+ Africans have massive economic and financial needs still unmet, everything from basic financial services (savings, payments, credit, insurance, etc) to identity, reputation, and trust. Africans are flocking to crypto in masses, and the real world use of crypto at scale is still in Africa. But the best tools specifically for the African market are yet to be built.

It's going to be really tough to build all these in-house [monolithic] and make them successful across Africa which has 54 countries and 1.4 billion people who speak 2,000+ languages.

So... we need to coordinate better as we build more interoperable + modular applications that provide simple and user-friendly services. Web3 is uniquely positioned for composability and coordination at this scale. And Africa is at the frontier of making crypto actually useful for a billion+ people. 12 days together is a starting point in this direction.

2. Get quality and hands on support from global experts who live and breathe the mechanics of making decentralization work.

Joining magma are security experts who spend their time finding critical vulnerabilities in major protocols and making them more robust, Zero Knowledge Proofs and smart contract researchers, product builders from some of the top protocols in the space, tokenecononmics designers who worked on Aave, ENS and Gitcoin, DAO experimenters, and more.

Leading Layer 2s and global protocol builders are coming along. Top tier Web2 and Web3 founders are joining for open discussions on the founder journey.

It's incredibly riddiculous how most African builders can't join crypto events globally because they can't get visas. So we are bringing hand picked folks to come to the continent and offer real value to our builders.

It's a two way street of learning as we all figure out real world functionality of decentralization tools, and the biggest value here is the relationships that get forged.

What to expect during magma?
magma is built for super busy operators in Africa and beyond. The 12 days are a mix of structured and ample unstructured time to co-create together. Here is what is in store:
- peer-to-peer workshops, product demos, feedback sessions, roundtables, all led by the founders joining.
- Workshops, office hours, and fireside chats with global mentors.
- ~4 hours a day of heads down work time, calls, and one-one-one meetings with other participants.
- community building so we can support each beyond magma.

How did magma come about?
For years I have been inspired by @ycombinator. It’s probably the most effective coordination platform of founders and startups in tech. We borrow aspects from YC. But magma is free and no equity for participation. We are starting from different principles, and crypto lends itself to new fundamentals for coordination.

Building the @EHFNewZealand over 8 years, I have witnessed the power of network effects in highly curated cohort-based communities, and the value of intentional IRL gatherings. magma applies those principles to compound value for builders overtime.

And last year, with @borderlessaf I led trips across Africa with @VitalikButerin, @AyaMiyagotchi from the @ethereum, and leaders from @Optimism, @Scroll_ZKP, @arbitrum, @ETHGlobal, and dozens of builders at the forefront of the crypto revolution.

We met 1000s of builders in crypto, 100s of devs and founders. It was inspiring and energizing! But I left each session wanting to go deeper, roll the sleeves to build together, and get our global friends’ hands dirty with our African builders.

magma was born to facilitate that, in small numbers, focused, and more hands on, while also targeting builders who are operating at a scale that is impactful.

magma cohort 1 is the first experiment, with plans to run a new cohort twice a year, and compound the value to founders and respond to the needs of builders.

I am 100% bullish on Africa using crypto to build new economic tools for a billion+ people. However, if our builders get really good at leveraging what each other are building to meet users' needs and geography isn't a barrier to the global crypto community, Africa will be at the forefront of merging the crypto economy and real economy at a scale never seen before.

Join magma cohort 1 and let’s build together 🔥

[Sam Altman @sama]

what i wish someone had told me:

https://t.co/1nEaYimzXG

[0xJMG @0xJMG]

Hope more DAO treasuries will adopt stablecoins with diversified backing, transparent and verifiable reserves, anti bank run mechanisms and censorship resistance

Great essay from @owanikin

https://t.co/o4luDVbopk

[Yele | Onboard 🌐 @YeleBademosi]

Just wrapped up an amazing few days at the @cbventures summit. Thrilled to represent @OnboardWallet, 1 of 25 projects invited. Did a live demo, converting USDC to NGN on @BuildOnBase in ~2 mins & paid for my Uber with my Onboard card. My proudest moment this year #OnboardonBase🚀

[drew.sh✨ @letandrewcook]

The marketing team twisted my arm a little and got me to spill the beans about our upcoming #5daysbuildchallenge

We will build and launch a new #AI product in 5 days!!!

Don’t believe me? Follow this page and @tecmie to stay connected for daily updates..

Warning ⚠️ there’s a spoiler at the end of this video 😂

[Reserve 🌐 @reserveprotocol]

🔊 SOUND ON!
Near-zero fees, lightning fast, asset-backed currency factory for all? Impossible.

Think again: Reserve has landed on @BuildOnBase 🔵

H/t to @jessepollak and the Base ecosystem!

What is Reserve Protocol?
Reserve is a free, permissionless platform on Ethereum and now Base to build, deploy and govern asset-backed currencies referred to as “RTokens.”

RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming on-chain by users without the need for any middlemen.

Each RToken can have an entirely different governance system and is governed separately by ecosystem stakers.

The protocol completed its 5th audit with @code4rena and reached the “all-clear” in Feb 2023. It currently has an industry-leading $5M bug bounty on @immunefi.

What has Reserve achieved so far?
Reserve has made leaps since the all-clear seven months ago.

Six RTokens have already been deployed by the community. The protocol has grown to $30M TVL and these RTokens have had a cumulative volume of over $340 million, across onchain and offchain uses.

~6% of the circulating RSR supply has been staked on RTokens to participate in governance, earn a share of yield and provide overcollateralization.

The protocol has also forged deep relationships in the @CurveFinance, @ConvexFinance and @StakeDAOHQ governance ecosystems.

The flagship Reserve safety mechanism - staker overcollateralization - was stress tested during the Mar 2023 run on SVB and the subsequent depegging of several stablecoins. Electronic Dollar (eUSD), the first RToken, autonomously recapitalized without a regulator backstop and before the banks reopened. The Reserve launch brings self-healing currency to Base.

Why deploy to Base?
DeFi should expand far beyond a few thousand power users. Base’s lower transaction fees will enable people who are interested in using yield bearing stablecoins to actually use them without having all benefits wiped out by gas costs. We want to see millions of RToken users on Base!

Ever had a great idea for a stablecoin? How about a flatcoin or an index? Reserve is joining Base so creative protocols and entrepreneurs may let their economic imagination run wild on this lightning fast, near-zero fee network.

Why deploy now?
We believe that Base can be a leading L2 network in terms of accessibility and TVL. There is significant opportunity for the Reserve Protocol to grow alongside the Base network. This could accelerate Reserve’s mission to increase adoption and access to sustainable, inflation proof, stable currency for everyone.

Base-ready collateral plugins for @AaveAave, @StargateFinance, @Coinbase staked ETH, as well as naked USDC and DAI are live now with @CompoundFinance coming soon.

Ready to get started?
Check the links in the tweet below.

[Reserve 🌐 @reserveprotocol]

Create your own _____________

@BuildOnBase