WhitepaperSummary

Bringing simplicity to the complexity of whitepapers. The goal is to enable the masses have an idea of their investments.

[WhitepaperSummary @simpleWhitepapr]

@Jihoz_Axie @Singagski @whatslukedoing @dzastr_eth I agree with your view point but I don’t think this should have been the right example.

Q: Will people mine Bitcoin if they couldn’t make money?

A: NO

Q: Will people play games if they couldn’t make money?

A: YES

[WhitepaperSummary @simpleWhitepapr]

@shumochu @nebrazkp @jessepollak @base I thought @nebrazkp is a proof aggregator for L2s. Or does the protocol also aggregates proofs for L3s?

[WhitepaperSummary @simpleWhitepapr]

Some users may be comfortable with just the native yield that comes from transaction fees.

Imposing the risk that comes from using money markets forcefully on users may not be a viable long term strategy.

Thanks for shedding more light on this topic.

[WhitepaperSummary @simpleWhitepapr]

Very interesting take. However, going by your analogy, it means there will be a catastrophic meltdown of Blast Chain if this occurs in practice.

Let’s assume that the team behind Blast is the custodian of the bridge.

[bartek.eth @bkiepuszewski]

My first take on @Blast_L2 and the risk of your deposits there. The idea to invest your funds put in a bridge is not new, but Blast takes it to the new level (in terms of TVL, at least) 👇🧵

[WhitepaperSummary @simpleWhitepapr]

I think there should be risk tiers and tranches for people that want to bridge to blast.

Users should be able to opt-out of the native yield that comes from depositing in @aave and other the money markets.

[WhitepaperSummary @simpleWhitepapr]

enables the swap of Asset A and Asset B.

These are some of the features I could come up with. Open to discussions on any one of them.

You can also share your thoughts on what you think can be improved on.

Thanks for reading.

Stay glued!

Expect more.

[WhitepaperSummary @simpleWhitepapr]

In a few months, @WhalesMarket has amassed a substantial amount of volume with a clear pmf for its offering.

However, the goalpost has to be set farther. More features have to be built.

What can be done to enhance the UX of the protocol?

I share some thoughts:

[WhitepaperSummary @simpleWhitepapr]

Example:
- Person A is eligible for some points on @friendtech.
- Person B is eligible for some points on @HyperliquidX. - Person A wants exposure to Hyperliquid but doesn’t have extra capital to bid for it on Whales Market.
- Person A and Person B can go into an agreement that

[WhitepaperSummary @simpleWhitepapr]

With all the infrastructures set in stone, it becomes a breeze for a user to get onboarded to web3.

The timing is right, we should see a huge influx of new users come into web3 soon.

Thanks for reading

Stay glued to this channel!

Expect more.

[WhitepaperSummary @simpleWhitepapr]

It’s already happening albeit in a masked form.

Trading bots like @TeamUnibot, @bonkbot_io, @tradewithPhoton use smart wallets to ease the user onboarding process for purchasing and selling coins.

[jesse.base.eth @jessepollak]

prediction: by EOY, 90%+ of active onchain users will use smart wallets

how? we're going to onboard tens of millions of new users

[WhitepaperSummary @simpleWhitepapr]

Some projects even offer more layers of abstraction:

- Displaying an Ens domain name instead of the raw address

- Paying for gas on behalf of the user using @StackUpHQ or @zerodev_app

- Accepting other Erc20 tokens for gas fees through the use of Paymasters