Reco

#SeiWhat

[Yescoin @Yescoin_Fam]

We stand with #FREEDUROV

[Reco @reco256]

🎉I've leveled up to Spade Digger on Massive and earned Crystal Chests to open!
Join me in verifying ZKPs and let's win big together! 🚀https://t.co/i2iOvw9g8a

[Reco @reco256]

🎉I've leveled up to Pickaxe Prospector on Massive and earned Iron Chests to open!
Join me in verifying ZKPs and let's win big together! 🚀https://t.co/i2iOvw9g8a

[Reco @reco256]

🎉I've leveled up to Helmet Verifier on Massive and earned Wooden Chests to open!
Join me in verifying ZKPs and let's win big together! 🚀https://t.co/i2iOvw9g8a

[Elon Musk @elonmusk]

“You will use dongles and you will be happy”

[ZKsync Developers (∎, ∆) @zkSyncDevs]

The upcoming @zksync Era upgrade on May 13th brings new features & improvements:

✔️ The Bridgehub enables ZK Stack chains interoperability
✔️ Validium mode with custom DA and base token (soon)
✔️ New P256Verify & ecPairing precompiles

Read more 👉 https://t.co/aJKQqX2HCs.

[hitesh.eth @hmalviya9]

Berachain is a mysterious project.

99% of Crypto Twitter has no clue about what they really want to build.

My unfiltered thoughts on Berachain 🧵

[hitesh.eth @hmalviya9]

The Fate of Airdrops based on User Retention Data Study:

- User Retention is heavily down in the Fudded airdrops like Starknet, Sei.

- @arbitrum has the highest user retention as of now.

- @JupiterExchange is the recent winner with Positive retention.

Check more data 👇

[Hayden Adams 🦄 @haydenzadams]

Not aimed at any specific project, but have seen a ton of discourse recently on the topic so figured I’d share my take on good token distributions:

1) tokens, not points

2) don’t farm the farmers - teasing and creating ambiguity around a token distribution to grow your numbers is bad behavior. If you don’t know yet, don’t speculate publicly. If you do know but are not ready to share full details, don’t tease them out. Just share real details when ready

3) real liquidity day 1 - low float tokens are malicious and my biggest pet peeve. You don’t need to work with exchanges or market makers. It’s so easy. Just distribute enough tokens publicly that real price discovery happens on DEX. People should start thinking in FDV not mcap when valuing these things

4) don’t create absurdly high token supply to farm people with unit bias, this is also bad behavior

5) don’t be stingy - give a significant amount away. If you don’t think the community deserves a significant amount, don’t release a token

6) don’t market token price - if you tweet about how your token is going to moon or hire influencers, or marketing firms to do so I assume you’re just trying to get rich quick vs build real value

7) keep it simple

8) put real thought and care into your decisions - so you can stand behind them and explain your rationale. Don’t end up in a situation where you’re fighting or apologizing to crypto twitter. Create something you’re proud of and stand behind it

[seb @0xsseb]

Some personal news:

I will be leaving @zksync at the end of April.

I've been working on starting my own project.

Allow me to introduce @sophon

Sophon is a general purpose hyperchain, focused on ██████ and ██████, using ██████ as DA, leading us all towards a brighter future.

I'm incredibly excited to build this new venture on the ZK Stack. I will be progressively sharing more information on X and Medium, but a few FAQ for now:

Why I am leaving zkSync

- TLDR: I'm bullish on hyperchains and realised I needed to build my own.

- I'm leaving Matter Labs, but I'm not really leaving zkSync. zkSync is so much more than Era, the first L2 zkEVM. The ambition is to build a constellation of hyperchains, leveraging the zkSync codebase, with shared users and liquidity on zkSync.

- I will continue to work closely with the amazing Matter Labs teams, lead by @gluk64 @Ozhar & @anthonykrose and will always endeavour to be their biggest ambassador.

Why build a hyperchain?

When I decided to build Sophon, choosing the ZK Stack was no brainer - I know the product inside out in comparison to other stacks on the market. Building for tomorrow rather than yesterday. I'm convinced that in a few years, looking back at the design and infrastructure choices ML made will seem obvious.

What is Sophon?

Sophon is the brainchild of @Pentosh1, ██████ and myself. We envisioned a place where communities could symbiotically co-exist, leveraging the best user experiences and partnerships.

Catering for today's most crypto native users, whilst building for tomorrow's newcomers. And always, nothing matters more than community.

Sophon will be pioneers in the modular ZK space, benefiting from the best tech and most strategic partnerships.

When will you start?

We already have.

The first partnerships struck are with @BuildOnBeam and @AethirCloud

We also announced our $10m seed round for Sophon, led by @Papervc, @Maven11Capital and participation from @TheSpartanGroup, @SevenXVentures, @OKX_Ventures, @the_matter_labs, @class_lambda & more.

With angels @StaniKulechov, @LucaNetz

End of Tweet ✊

[ZachXBT @zachxbt]

Community Alert: The group of scammers who stole 8 figs with Magnate, Kokomo, Lendora, Solfire, etc is back with a new project on Blast @Leaperfinance

Last week they funded an address on Blast with ~$1M of laundered funds from the previous rugs and have begun adding liquidity to bait people in.

Tracing:

1). 1 week ago 0x46a moves ETH a few hops from Magnate scam to 0x10e 0x46a10e7444bf78736E6a24b1De8dc8A20E4B3ED7 —>
0x10ef5bb874b226bdd6860f00d5e5a2aa3e955b9a

2). Bridges to 0xAc9 on Polygon 0xAc973E1Be91fe8674dff2E0de4A9375803Ae4435

3). 0xAc9 transfers wETH to 0x08
0x67b5d330001c6b281a83fbcb2cf90119f2d72b3a42352abbfafb7ea72e91a34c —> 0x085817190C2e9949F67e8144B45383E3C5890457

4). 0x085 bridges wETH to Base via Orbiter
0x085817190C2e9949F67e8144B45383E3C5890457

5) Repays borrower on behalf of another address 0x1174 using Sonne Finance
0xb84987d765bd6f53f6a4273f80d100e56a786e7383e687d5fb1bd534da381a92

6) 0x1174 bridges 294 ETH from Base to Blast via Bungee
0x1174f03604B606bcFe50aaaf96af4477f3E81977

7) Swaps for LEAP and becomes top holder/deposits to protocol
0x7606c8e3b35dde1186f90a84d6ef91d108db672f85bf82ecf00a877b489f4d99
0x67243b69c6e3b2904b1fecc68ab4fa210ec9201ff6590c4cc27808d5192de315

Research was co-authored with @bax1337

In the past they let the TVL grow to 7 figs before stealing all of users funds deposited to the protocol and falsify KYC documents + use low tier audit firms.

They now have launched scams on Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, Avalanche, etc.

[Hayden Adams 🦄 @haydenzadams]

1/

Mainstream media coverage of crypto is improving immensely

@jeffjohnroberts @FortuneMagazine coverage of our wells notice is a perfect example with quotes like

"This is precisely the sort of cutting-edge startup that should be hailed as a U.S. success story."

https://t.co/HhR3WAl2Q3

[Volmex σ @volmexfinance]

BVIV-Perp and EVIV-Perp are now live for trading on @bitfinex. 🎉💫

Volmex Global, a wholly-owned subsidiary of @volmexfinance Labs, has collaborated with @Bitfinex Derivatives, to launch the first perpetual futures contracts on #BTC and ETH implied volatility indices.

BVIVF0:USTF0 and EVIVF0:USTF0 perpetual futures contracts track the 30-day expected volatility of Bitcoin and Ethereum per the Volmex Implied Volatility Indices methodology—the $BVIV and $EVIV Indices. Both contracts can be traded with up to 20 times leverage.

To access, eligible customers can visit:
→ https://t.co/P1R6HIKiRx
→ https://t.co/FVxFF7fAOK

[Altcoin Daily @AltcoinDaily]

First they came for Binance. To protect us.

Next they came for Coinbase. To protect us.

Now they come for Uniswap. To protect us.

When they missed FTX, Celsius, & 3AC completely. 🤦

[Paul Grewal @iampaulgrewal]

Sometimes you have to laugh or else you'll cry. Question: how can you square the @SECGov's claim that @Uniswap acts as a broker with the Court's ruling against the @SECGov just a handful of days ago? Answer: you can't.

[Hayden Adams 🦄 @haydenzadams]

Today @Uniswap Labs received a Wells notice from the SEC.

I’m not surprised. Just annoyed, disappointed, and ready to fight.

I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than working to create clear, informed rules, the SEC has decided to focus on attacking long-time good actors like Uniswap and Coinbase. All while letting bad actors like FTX slip by.

When I first set out to build Uniswap, the goal wasn’t to reimagine finance.

It was an experiment in radically decentralized, fully automated onchain markets. I didn’t know if it would work or if anyone would use it.

Fast forward to today, the Uniswap Protocol has processed over $2 trillion in volume. Many thousands of teams and developers have forked our code or built on top of it. We built entirely new financial infrastructure that is transparent, fair, secure, and accessible powering an entire industry.

The team at @Uniswap did all of this in the US from our office in New York City.

People often ask me why we stay in the US and my answer is simple: I believe that blockchain is incredibly powerful technology. Like the Internet, it’s here to stay. So someone needs to figure it out, and it might as well be us.

And that when you build technology that improves people’s lives – you don’t need to hide.

The @SEC’s mission is “protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.” This is a noble mission. I would argue @Uniswap does a far better job of this today than the SEC.

Yes, I'm frustrated that the SEC seems to be more concerned with protecting opaque systems than protecting consumers. And that we'll have to fight a US government agency to protect our company and our industry.

This fight will take years, may go all the way to the Supreme Court, and the future of financial technology and our industry hangs in the balance. If we stand together we can win.

I think freedom is worth fighting for. I think DeFi is worth fighting for.

And of course, we won’t stop shipping. Stay tuned

🦄💜

[Reco @reco256]

roOlz

[RoOLZ @Roolznft]

⚙️RoOLZ Flywheel

📈Every stage impacting the next, leading to RoOLZ Growth.

🐲5472 NFT's from which supply will get burned overtime.

🐉A weekly Anime series about the RoOLZ story, released weekly on every social media platform to grow the # of RoOLZians.

[Hayden Adams 🦄 @haydenzadams]

Very cool how hard Solana goes vertically scaling a single blockchain

Very lame how hard they push the narrative that other forms of scaling (such as L2s) are not legit

Just chill out, enjoy the success and stop with the arrogant takes on scaling

[Reco @reco256]

Anime season is coming @animecoin