Those yields come from a protocol that:
👉 Has been live on mainnet for 3 years
👉 Requires no lockups
👉 Pays rewards in $USDC
👉 Runs on @solana
💎 @NolusProtocol
You could spend years building the best DeFi protocol, only to lose users to a worse competitor because it got a button inside @phantom or @solflare or whatever....
Wallets will soon become the Google of Web3.
Just as Google influences which websites get traffic, wallets are gaining enormous influence over which protocols people discover and use. Users can swap, bridge, stake, or borrow without EVER visiting the protocol providing the service. And they're already making money from this position:
• @MetaMask charges 0.875% on swaps.
• @phantom charges 0.85% on most swaps.
That's $87.50 or $85 on a $10,000 swap.
And this could get ugly for DeFi builders.
• A single wallet integration could outperform months of marketing.
• Wallets could decide which protocols receive most of the transaction volume.
• Protocols could become easier to replace if users never develop loyalty to them.
• Wallets could gain negotiating power over fees and integration terms.
A wallet could prioritise a provider offering better revenue-sharing terms over one offering better execution or lower fees. And as wallets become the default entry point for more users, transparency around how these services are selected will become increasingly important.
Remember when everyone was fighting to build the best DEX?
Now it's all about whose stablecoin gets used the most. Feels like we're getting closer to mass adoption.
Excited to see @masscurrencies giving anyone the tools to join this race.
Osmosis reduced its active validator set from 70 to 30 👀
If your validator dropped out of the active set, your staked $OSMO is no longer earning rewards.
Consider staking with Cybernetics! Supporting @osmosis every step of the way 🧪
The ICF says it hasn’t sold $ATOM this year.
The today's spaces clarified
➡️ Cosmos Labs’ enterprise strategy
➡️ how it could support the Hub’s future.
✅ Clips included https://t.co/JFnbuDCz8W
Woof morning, a new version of the Huallet has been released 🚀
🦴 Side panel (Chrome/Edge): dock Huallet beside the page instead of a popup; toggle in Settings.
🦴 Redesigned navigation and settings: a 5-destination bar and a single grouped, scrollable settings list.
🦴 Multilanguage: Italiano, Español, Português, Français, Deutsch, Korean, Simplified Chinese and Japanese, in addition to English.
🦴 Networks: defaults are now Chihuahua, @cosmoshub and @osmosis.
🦴 Fix: transactions no longer fail with out-of-gas on Chihuahua.
Crypto is the only place where leverage can be built to be fair.
And no, I'm not talking about CEXs, perps, or other derivatives that keep getting people rekt.
I'm talking about bringing leverage back to its roots, but onchain.
That's what @NolusProtocol is building.
Just added the Huallet extension in order to tend my beloved woofs along with other @cosmos chains!
So far clear UI and quite speedy! The @ChihuahuaChain is woofing!
Woof along!