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Builders, this one's for you.
The HACK WITH YO virtual hackathon is live on @DoraHacks.
From Feb 26 - March 19, devs can compete for a $3000 + 30,000 $YO prize pool by creating the smartest DeFi savings experience powered by YO.
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Today, I’m incredibly excited to make my first proposal to Uniswap governance on behalf of @Uniswap alongside @devinawalsh and @nkennethk
This proposal turns on protocol fees and aligns incentives across the Uniswap ecosystem
Uniswap has been my passion and singular focus for the past 8 years. What started as a small side project is now global financial infrastructure powering thousands of applications with ~$1.8 trillion in annual trading
UNI launched in 2020, but for the past 5 years Labs has been unable to meaningfully participate in Uniswap governance, and has been greatly restricted in the ways it can build value for the Uniswap community. That ends today!
This restriction was in great part due to a hostile regulatory environment that cost thousands of hours and tens of millions in legal fees. Fortunately, the regulatory environment has shifted
This proposal comes from a strong desire to see the Uniswap protocol win as the global decentralized exchange for tokenized value
At a high level, the proposal:
1. Turns on protocol fees and uses them to burn UNI
2. Sends @unichain sequencer fees to the UNI burn
3. Burns 100M UNI from the treasury representing the protocol fees that could have been burned if fees were turned on at token launch
4. Introduces Protocol Fee Discount Auctions, a new way to improve LP outcomes and internalize MEV to the protocol
5. Introduces "aggregator hooks” which will turns Uniswap v4 into an onchain aggregator that collects protocol fees on external liquidity sources
6. Focus Labs on driving protocol growth and adoption, including a contractual agreement to only pursue initiatives that align with Uniswap governance interests
^ As part of this, Labs will stop collecting fees on its interface, wallet, and API to supercharge distribution and adoption of the Uniswap protocol
7. Moves Foundation employees to Labs with a shared goal of accelerating protocol growth, under a growth fund from the treasury
8. Move governance-owned Unisocks liquidity to v4 on Unichain and burn the LP position
I believe Uniswap protocol can be the primary place tokens are traded. This proposal sets the stage for the next decade of its growth
@Uniswap will ship relentlessly over the coming years and supercharge the ecosystem of developers, LPs, and traders building on top
I'm so grateful to the community that has made this all possible, and excited for what's next
🦄
Decentralization isn't really hard coded in many blockchains
it's something we just preach & it's implemented until there's a big hack on-chain
@berachain chain has been halted & will be Hard Forked (aka roll back) to protect $12M+ users funds affected from Balancer hack
We just shipped a new version of GitFish to allow anyone to launch a coin for any GitHub repo.
Find the next big thing before it blows up on GitHub.
Get started at: https://t.co/vKMYNhGego
GitFish V2 is now live on @Solana.
1 GitHub project -> 1 coin. Popular projects cost more points to launch.
Support open source. Find the next big thing.
P.S. We're airdropping bonus points to V1 users daily over the next five days. The first drop is live — enjoy!
Verified repo owners on @gitfish tend to get more visibility + tips:
- Green check + maintainer profile builds trust
- Users can be sure tips will be collected
- ‘Verified’ is now default view on our landing page
Getting verified is simple: just connect your GitHub and set up a maintainer profile for your repo at https://t.co/Xn2qjXZy1f
GitFish V2 Update: we’re finalizing the details on GitHub community coins to ensure sustainable upside for both projects and supporters.
In the meantime, we’re launching a new feature today: permissionless tipping.
- For tippers: you can now support any GitHub project with a tip, and add a message to the maintainer if you like.
- For maintainers: connect your GitHub and set up your profile to claim the tips.
Everyone uses open source software, but almost no one pays for it. Go say thanks by leaving a tip!
how do you guys explain “why should crypto exist / what’s it good for?” to non-crypto folks
i tend to struggle with:
- preconceived notions (it’s a scam)
- technical complexity (hard to give a simple, self contained answer)
- philosophical nature (not objectively better, only subjectively)
Maybe i’m too pessimistic, but crypto conferences these days feel like echo chambers
$600 + travel + accom to be marketed to 24/7, dodge vaporware projects peddling merch, and try to get work done in a less productive setting
As a builder, no net new reach to users beyond existing crypto natives who are already on X
At this point, maybe staying home is the real alpha
GitHub projects aren’t always run as a company, but if they were most have terrible financials:
- zero revenue
- high labour costs
- no prospect for liquidity or exit
- no ip assets (MIT license)
Launching a repo coin solves some of these problems. But the bigger long term opp is to tie it back to the project:
- rev gen through services or donations, paid in tokens
- op costs covered by recurring rev
- licensing of ip for enterprise users
- value distributed back to funders / coin holders
Real assets > memes
We’ve officially completed all $LINUX refunds.
✅ 8,889 users refunded
💰 25,030 SOL returned
📈 100% recovery rate — even for those who sold
Appreciate everyone’s patience and support.
Next up: GitFish V2 is coming very soon. Turn on 🔔