29/09/2023
๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐ซ๐๐ข๐ง๐๐ฅ๐ฌ: ๐๐ก๐ ๐๐๐ฐ ๐๐๐ฒ๐๐ซ ๐จ๐ ๐๐ข๐ญ๐๐จ๐ข๐ง'๐ฌ ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐ข
Hello, crypto enthusiasts ๐จโ๐พ After exploring BRC-20 tokens in our last discussion, it's time to investigate another Bitcoin innovation, the Ordinals. Let's jump right in!
What are Bitcoin Ordinals? ๐ค
The ordinals protocol was launched by Casey Rodarmor in January 2023. Distinct from Ethereum's popular nonfungible tokens (NFTs), Bitcoin Ordinals aim to imbue Bitcoin's smallest unit, the satoshi, or sat, with unique identities. With this, you can now inscribe digital content be it text or art directly into the Bitcoin ๐ผ
How Do They Work? ๐ ๏ธ
At its core, Ordinals theory deals with labeling each satoshi with an "ordinal number" that is uniquely identifiable. Then satoshis could be linked with a collectible or an asset, turning them into transactional atomic units that can be individually tracked and traded.
Bitcoin Ordinals make use of an inscription process. In simpler terms, you can attach any form of digital content onto a , making it a unique digital artifact. Initial tools for this were relatively technical, requiring node operation, but newer, no-code options are emerging for the less technically inclined ๐ฉโ๐ป
Ordinals vs Traditional NFTs ๐ฅ
Bitcoin Ordinals and Ethereum-based NFTs differ fundamentally in how they are stored and valued. While rarity in Ethereum NFTs often comes from attributes of the art itself, the rarity of a Ordinal could be influenced by its block context - say, being the first satoshi in a new block or a mining adjustment period. This provides a fresh outlook on asset valuation within the crypto space.
Risks and Limitations โ ๏ธ
1. Technical Complexity: Minting ordinals has become more accessible in the past months, though these options are not yet universally available across all wallets.
2. Blockchain Size: Since all content is on-chain, this could increase the size of the Bitcoin blockchain, making it less scalable.
3. Fungibility: can impact how we perceive the fungibility of sats, as sats inscribed with valuable content might hold different values๐ฐ
So, will Bitcoin Ordinals be the next big thing, or will they fade into obscurity? Share your thoughts in the comments.
Stay informed and happy farming ๐๐จ๐ฐ
27/09/2023
๐๐จ๐ฐ ๐๐จ๐ค๐๐ง๐ฌ ๐จ๐ง ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐จ๐ซ๐ค? ๐๐๐-๐๐ ๐๐ฑ๐ฉ๐ฅ๐๐ข๐ง๐๐ ๐
Hello, crypto enthusiasts ๐จโ๐พ Ever wondered if Bitcoin could offer more than just a "store of value"? Today we explore BRC-20 tokens, the experimental standard that aims to bring the minting and sending of fungible tokens to Bitcoin's . Let's dig in!
๐ช๐ต๐ฎ๐ ๐ถ๐ ๐๐ฅ๐-๐ฎ๐ฌ? ๐ค
BRC-20 serves as Bitcoin's innovative counterpart to Ethereum's ERC-20 tokens. Crafted by the pseudonymous developer Domo in March 2023, these tokens are part of an audacious experiment. Despite being in the very early stage and offering only basic functions like minting, deploying, and transferring tokens have already captivated the market with a staggering total capitalization approaching $1 billion ๐น
๐๐ผ๐ ๐๐ผ๐ฒ๐ ๐๐ญ ๐ช๐ผ๐ฟ๐ธ? ๐ ๏ธ
BRC-20 tokens operate on the innovative Bitcoin Ordinals protocol, which uniquely identifies each satoshi, Bitcoin's smallest unit. The magic happens through the "inscription" feature using JavaScript Object Notation (JSON) data, allowing the tokens to exist, be minted, and moved around the Bitcoin network. The pioneer in this space was a token aptly named "ORDI," and since its inception, wallets have raced to offer support for this exciting new token class ๐
๐ช๐ต๐ฎ๐ ๐๐ฟ๐ฒ ๐ง๐ต๐ฒ ๐๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐ ๐ผ๐ณ ๐๐ฅ๐-๐ฎ๐ฌ? ๐
1. Fungibility: Just like traditional currency, each BRC-20 token is identical and interchangeable ๐
2. Security: Enjoy the tried-and-true security of the Bitcoin network, thanks to its robust PoW consensus mechanism ๐
3. Innovation: BRC-20 tokens are Bitcoin's leap toward functionalities it wasn't initially designed for. They've opened up new horizons on the Bitcoin network ๐
๐ช๐ต๐ฎ๐ ๐๐ฟ๐ฒ ๐๐ก๐ ๐ฅ๐ถ๐๐ธ๐? ๐จ
1. BRC-20 tokens are in the experimental phase. Bugs or glitches theoretically could lead to token losses โ ๏ธ
2. The ease of creating these tokens could lead to an oversaturated market, devaluing tokens and making many worthless ๐
3. For now, BRC-20 tokens have limited real-world applications, making them risky investments for early adopters ๐ฑ
4. With a surge in daily transactions, Bitcoin's network is increasingly congested, making transactions slower and more expensive ๐ข
5. The inability to support smart contracts narrows the scope of possible applications, limiting them mostly to meme coins ๐คก
While the future of BRC-20 tokens remains uncertain, they have certainly added a new layer of innovation to the Bitcoin network ๐
Stay informed and happy farming ๐๐จ๐ฐ
25/09/2023
๐๐ฉ๐ซ๐๐ฒ ๐๐๐ข๐ง๐ญ & ๐๐๐ญ๐จ๐ฌ๐ก๐ข: ๐๐ญ๐ซ๐๐๐ญ ๐๐ซ๐ญ๐ข๐ฌ๐ญ๐ฌ ๐๐ฉ๐ซ๐๐๐ ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐ฎ๐ณ๐ณ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐ข๐ญ๐ข๐๐ฌ ๐จ๐ปโ๐จ
Find more: https://twitter.com/streetcyber_
22/09/2023
๐๐๐ฏ๐๐ฅ ๐๐ฉ ๐๐จ๐ฎ๐ซ ๐๐๐ฅ๐ฅ๐๐ญ ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐ก๐ ๐๐๐ฐ ๐๐๐ญ๐๐ฆ๐๐ฌ๐ค ๐๐ง๐๐ฉ๐ฌ ๐
๐๐๐ญ๐ฎ๐ซ๐ ๐ฆ
Hello, crypto farmers ๐จโ๐พ Today we introduce you to the new feature that significantly expands the capabilities of MetaMask - Snaps.
๐ What Are MetaMask Snaps?
MetaMask Snaps act like an AppStore for DApps, serving as JavaScript-based extensions to boost the native features of your MetaMask wallet. They empower you to do much more than just basic wallet operations. The possibilities are endless, whether it's gaining insights into your transactions, interacting seamlessly with protocols, or even adding support for blockchains like Bitcoin or Solana ๐ฒ
๐ Why Should Developers Care?
For developers, the level of customizability that MetaMask offer is simply invaluable. With Snaps, you can:
โข Add customized UI elements in MetaMask to make user interactions smoother.
โข Schedule periodic actions, think of them as cron jobs for MetaMask.
โข Extend support for non-EVM-based chains, a huge plus for projects looking to bridge multiple ecosystems.
โข Explore more in official docs ๐ https://docs.metamask.io/snaps/
โ๏ธ How Do Snaps Work?
Running in a secure sandbox, Snaps interact with MetaMask through a JSON-RPC API. Of course, user consent is crucial; you'll need to grant specific permissions to each Snap, maintaining complete control over what they can or can't do ๐
๐ The Future of MetaMask Snaps
MetaMask is evolving towards a fully permissionless Snap ecosystem. For developers, this spells even more room for creativity ๐จโ๐จ For users, expect a richer, more customizable experience ๐
Stay informed and happy farming! ๐๐จ๐ฐ
Introducing: MetaMask Snaps Open Beta
We are excited to launch MetaMask Snaps Open Beta: our first step towards building a permissionless ecosystem. For more information, visit metamask.io/snaps
19/09/2023
๐๐๐ค๐ข๐ง๐ ๐๐ง๐ฌ๐ญ๐๐ง๐ญ ๐๐๐ฌ๐ก ๐ข๐ง ๐๐๐
๐ข: ๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ ๐
๐ฅ๐๐ฌ๐ก ๐๐จ๐๐ง๐ฌ โก๐ธ
Hello, crypto farmers ๐จโ๐พ Ever heard of Flash Loans in the DeFi space and wondered what they are? Today, we'll take a quick look at how such loans work, and some practical use cases that you could find interesting ๐จโ๐ซ
What is a Flash Loan? โก๐ธ
A Flash Loan is a unique feature designed mostly for developers that allows you to borrow assets without needing collateral, as long as you pay back the loan along with a small fee within the same transaction - specifically, within a single block. Imagine borrowing money and paying it back almost instantly, that's a Flash Loan for you.
How Do Flash Loans Work? ๐ ๏ธ
1. Initial Call: A smart contract requests a Flash Loan from a liquidity pool.
2. Sanity Checks: The pool conducts basic checks to make sure the loan can proceed ๐ตโโ๏ธ
3. Fund Transfer: The amount you requested is transferred to the smart contract.
4. Execute Operation: Here's where the magic happens โจ The smart contract carries out its intended operation, such as arbitrage or liquidation.
5. Repayment: Finally, the loan needs to be repaid to the pool, along with a fee that's usually around 0.05% ๐ธ
All these steps occur in a single block. If the loan isn't repaid, the entire transaction gets undone, ensuring that the pool doesn't lose any funds.
Types of Flash Loans in Aave ๐
ฐ๏ธ
โข Multi-reserve Flash Loan: Allows you to borrow from multiple reserves in a single transaction. This is more complex but can be more powerful ๐ช
โข Single-reserve Flash Loan: Lets you borrow from just one reserve. It's simpler and more gas-efficient โฝ
Use Cases ๐ฏ
โขArbitrage: Take advantage of price differences between assets ๐๐ without needing to own those assets in the first place. Imagine buying low in one market and selling high in another, all within seconds.
โข Liquidations: Liquidation is like a clearance sale. When someone can't pay back their borrowed money, their collateral (like a house in a mortgage) gets "liquidated" or sold at a discounted price ๐ธ You can use a Flash Loan to buy this discounted collateral. Then you can sell it at a higher price, thereby making a profit ๐ค
And there you have it! Now you know what are and how they could be used in your contracts. Stay informed and happy farming! ๐๐จ๐ฐ
AAVE docs: https://docs.aave.com/developers/guides/flash-loans
15/09/2023
๐๐๐ง ๐๐จ๐ฎ ๐๐๐๐ญ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ก๐๐ญ๐๐๐? ๐น ๐ฅ ๐ค
Hey there, crypto farmers! ๐จโ๐พ ๐พ Ever wondered if you could make serious cash trading crypto with the help of ChatGPT? ๐ธ We've found an interesting experiment conducted by Cointelegraph that might give a glance at amateur trading with AI assistance. Enjoy the watch! ๐บ ๐
Can a Human Beat ChatGPT at Trading Crypto?
๐ฅ Join us in this intense face-off where Cointelegraph's video journalist, Giovanni Pigni, goes head-to-head with OpenAI's ChatGPT in a Crypto Trading game!...
13/09/2023
๐๐ก๐๐ญ๐๐๐ ๐ฏ๐ฌ. ๐๐ฆ๐๐ซ๐ญ ๐๐จ๐ง๐ญ๐ซ๐๐๐ญ ๐๐ฎ๐๐ข๐ญ๐จ๐ซ๐ฌ ๐ค๐ต๏ธโโ๏ธ
Hello, crypto farmers ๐จโ๐พ! Today we are sharing a fun and educational story ๐จโ๐ซ Here's the scoop: The popular Telegram bot Banana Gun recently launched its highly anticipated native token BANANA ๐ Within a few hours, the token price crashed by 99 % due to a bug in the smart contract. The Banana team claimed that the bug slipped through not one but two audits ๐ ๐
But guess who found it in a few seconds? You guessed it right - our bro ChatGPT ๐ค
This post is just for entertainment purposes ๐ Please, donโt neglect professional audits in favor of AI. But maybe it is a good place to start? ๐ค
Original drama: https://twitter.com/Mister_Ch0c/status/1701333300374073823
MisterCh0c on X
Banana claimed they had 2 audits. So I asked for a third one to my favorite auditor: ChatGPT And it found the bug ๐ฌ
12/09/2023
๐ ๐๐ง๐ฅ๐จ๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐๐ซ๐๐ญ๐ฌ ๐จ๐ ๐๐จ๐ข๐ง๐๐จ๐ข๐ง๐ฌ ๐ข๐ง ๐๐ข๐ญ๐๐จ๐ข๐ง ๐
Hello, crypto farmers ๐จโ๐พ Are you interested in enhancing your privacy? Today we explore CoinJoins, the technique that mixes transactions from multiple parties to obscure the origin of each coin, adding an extra layer of anonymity.
Let's be real โ this technique is probably more popular among shady characters ๐ than enthusiasts. Nonetheless, understanding how CoinJoins work might help you decipher scammer behavior in case your funds get stolen. This post is for research purposes only, so let's all stay on the bright side ๐
WabiSabi Coinjoin Explained in 3 Minutes
So youโve heard about Coinjoins, but still have no idea how they work?Watch our short explainer video for WabiSabi coinjoins.Download Wasabi Wallet 2.0https:...
08/09/2023
๐๐จ๐ง๐ฌ๐๐ง๐ฌ๐ฎ๐ฌ ๐๐ฅ๐ ๐จ๐ซ๐ข๐ญ๐ก๐ฆ๐ฌ ๐๐ฑ๐ฉ๐ฅ๐๐ข๐ง๐๐: ๐๐จ๐ฅ๐๐ง๐, ๐๐ฏ๐๐ฅ๐๐ง๐๐ก๐, ๐๐ง๐ ๐๐๐๐๐ซ๐ ๐ค
Hello, Crypto Farmers! ๐จโ๐พ Today we're talking about consensus algorithms, the backbone that ensures transactions get added to the ledgers efficiently and securely. Think of it like the rules in a game that everyone agrees to follow, making sure everyone plays fair and square ๐
๐ ๐๐จ๐ฅ๐๐ง๐'๐ฌ ๐๐ซ๐จ๐จ๐ ๐จ๐ ๐๐ข๐ฌ๐ญ๐จ๐ซ๐ฒ (๐๐จ๐)
Solana's Proof of History is unique because it introduces a temporal element. In 's network, a specialized node called the "Leader" is responsible for generating a historical record that proves that an event has occurred at a specific moment in time. This is accomplished by assigning a unique timestamp to each transaction and sequencing them before forwarding to validator nodes ๐
This temporal structuring allows for the parallel processing of transactions, enhancing the throughput and overall speed of the network. The Leader essentially acts as a master clock that timestamps every transaction, enabling other nodes to process them in parallel without worrying about the sequence.
Learn more https://docs.solana.com/cluster/synchronization
โ๏ธ ๐๐ฏ๐๐ฅ๐๐ง๐๐ก๐ ๐๐จ๐ง๐ฌ๐๐ง๐ฌ๐ฎ๐ฌ
In , nodes reach a consensus through a randomized subsampling method. Nodes will query a random set of peers in the network to see if a particular transaction is valid. This is done using a gossip-style protocol where information is spread quickly and efficiently โท
If a node receives a 'yes' from a supermajority of its queried peers, the transaction is deemed valid and the node moves on to the next step. This is an ongoing, rapid process, ensuring transactions are confirmed quickly, without requiring every node in the network to participate in the vote.
Learn more https://docs.avax.network/learn/avalanche/avalanche-consensus
#๏ธโฃ ๐๐๐๐๐ซ๐'๐ฌ ๐๐๐ฌ๐ก๐ ๐ซ๐๐ฉ๐ก ๐๐จ๐ง๐ฌ๐๐ง๐ฌ๐ฎ๐ฌ
Unlike traditional blockchain structures, uses a directed acyclic graph, commonly referred to as a Hashgraph. Its consensus algorithm also employs a gossip protocol, but with a twist โ nodes gossip not just about transactions but also about the gossip itself, known as "gossip about gossip" ๐ฃ๐๐ป
When a node communicates transaction information to another node, it also shares the history of how it learned that piece of information. This layered information sharing enables the network to reach a consensus quickly without requiring a Leader or real voting. The nodes can simply look at the Hashgraph and, based on the timestamps and the history of how information spread, determine the most likely true sequence of events.
Learn more https://docs.hedera.com/hedera/core-concepts/hashgraph-consensus-algorithms
Now you have a deeper insight into how these different achieve . And with knowledge, you can make informed decisions. Stay informed, and Happy Farming! ๐๐จ
06/09/2023
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐ข๐๐ฅ๐ ๐
๐๐ซ๐ฆ๐ข๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐จ๐ง ๐๐๐๐๐ซ๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค ๐๐พ
Hello, crypto farmers ๐จโ๐พ Today we are taking a ride into the uncharted territory of yield farming - the Hedera network! ๐
๐ What's Hedera?
Hashgraph is a decentralized, open-source, proof-of-stake public ledger with unique features. The most interesting for yield farmers include fast finality, low, predictable fees, and fair transaction ordering protecting from MEV attacks. Learn more from the official site https://hedera.com/
๐ธ Exploring Farming on SaucerSwap.Finance
For our research purposes, we chose the most popular DEX on Hedera https://www.saucerswap.finance/
๐จ ๐๐๐๐จ ๐๐จ ๐๐ค๐ฉ ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐ผ๐๐ซ๐๐๐ ๐ค๐ง ๐ผ๐๐จ, ๐ฟ๐๐๐ ๐๐ฃ๐ ๐๐ค๐ฃ'๐ฉ ๐๐๐ฉ ๐ฉ๐๐ ๐ก๐๐จ๐ฉ ๐ฅ๐๐ฃ๐ฉ๐จ ๐
After exploring farm options we came across the USDC (HTS) - USDC pool. At the moment of writing, it offers ~15 % APY which is quite good for a stablecoin pair. If you are curious about HTS's meaning, it stands for Hedera Token Service, some "local magic โจ" that enables the creation and management of network-native tokens.
๐จโ๐พ Farming Steps ๐พ
0๏ธโฃ You need to suit up with Hedera specific wallet to enter the game ๐ Try Hashpack as the most popular option.
1๏ธโฃ You'll need to get some HBAR tokens. It's like ETH for Ethereum. You can buy those on Binance for example. Alternatively, you may bridge your from other networks using bridges like https://hashport.network/ (DYORโ)
2๏ธโฃ Swap your HBAR for some pool tokens, USDC in our case. The swap works in a similar way with any other , we believe you can figure it out at the drop of a hat ๐ฉ
3๏ธโฃ Now that you have all the tokens go to the farm page, find the desired pair, set up the amount, and click the deposit button. That's it! Now just wait for your to grow โณ
4๏ธโฃ When it's time to harvest your crops just follow the above steps in reverse order ๐ ๐ฐ
Now you are all set for farming on Hedera Hashgraph. Don't forget to DYOR and happy farming! ๐๐จ๐ฐ
SaucerSwap: The Pioneering DEX on Hedera
SaucerSwap. An innovative suite of DeFi services. Trade, earn, and stake diversified funds across ecosystems, leveraging the speed and aBFT-grade security of Hedera.
04/09/2023
๐๐๐ฅ๐ข๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ฌ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ข๐ ๐ ๐๐ฌ๐ญ ๐๐ญ๐๐ค๐ ๐ฐ
Hey there, Crypto Farmers! ๐จโ๐พ Have you heard the latest debates about self-limiting in Ethereum staking? Pull up your chair we will tell you a cool story! ๐
๐๐ก๐ ๐๐๐ฐ ๐๐๐ฅ๐-๐๐ข๐ฆ๐ข๐ญ ๐๐ฎ๐ฅ๐ ๐
So here's the plot: Some of the providers in Ethereum liquid staking like Rocket Pool, StakeWise, Stader Labs, and Diva Staking have all agreed to limit themselves to owning no more than 22% of the staking market ๐ค
The idea was proposed by Ethereum developer Superphiz as an attempt to address growing Ethereum centralization concerns. The interesting fact is that no one from the above list currently owns even 5 % of the market.
๐๐ฎ๐๐ฌ๐ฌ ๐ฐ๐ก๐จ ๐๐ข๐ ๐ง๐จ๐ญ ๐๐ ๐ซ๐๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฉ๐จ๐ฌ๐๐ฅ? ๐ค
Lido Finance, the biggest staker in the Ethereum market, is not joining everyone's picnic. They voted by a massive 99.81% majority NOT to limit their market share. Quite an obvious outcome taking into account that currently holds ~32 % of all staked Ether!
๐๐ก๐๐ญ ๐๐จ๐๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ญ๐ก๐ข๐ง๐ค ๐๐๐จ๐ฎ๐ญ ๐ข๐ญ? ๐ฃ๏ธ
Opinions are divided, to say the least. Some folks think itโs all about more โ fostering credible neutrality and permissionless innovation. Others call out the self-limit proponents, claiming they'd toss these "altruistic" rules out the window if they were the ones leading the pack ๐ค
What is your opinion on this debate? Share your thoughts in the comments ๐ข
As always, stay safe and happy farming! ๐๐ฐ
Check more on X: https://twitter.com/MikeIppolito_/status/1697284080453165264
25/08/2023
๐๐จ๐ฎ๐ซ ๐๐จ๐ข๐๐ ๐๐๐ญ๐ญ๐๐ซ๐ฌ: ๐๐๐ฅ๐ฉ ๐๐ฌ ๐๐๐ค๐ ๐๐ข๐๐ฅ๐ ๐
๐๐ซ๐ฆ๐ข๐ง๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐ญ ๐๐ง๐ ๐๐๐๐๐ฌ๐ฌ๐ข๐๐ฅ๐! ๐พ๐ผ
Hello, fellow crypto farmers! ๐จโ๐พ For the past few months, we've been analyzing the most common challenges faced by the yield farming community. We've scoured forums, social media, and your direct feedback to pinpoint the real pain points. Now, it's time to share our proposed solution, directly shaped by your experiences. Your insights could bring this solution to life or guide us to refine it.
๐๐๐ซ๐ ๐ข๐ฌ ๐๐ก๐๐ญ ๐๐ ๐๐๐๐ซ๐ ๐
๐ซ๐จ๐ฆ ๐๐๐๐
The most popular comments look like the below quotes.
1. "Managing yield farming on different platforms is a nightmare. Need a one-stop solution."
2. "Got rug pulled in a yield farming project. Wish there was a way to know the legitimacy beforehand."
3. "I want to get into yield farming, but it's so confusing. Need a simpler platform."
๐๐ซ๐จ๐ฉ๐จ๐ฌ๐๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐ง
1. Build a Unified User Interface to connect directly to popular yield farming protocols (beefy, yearn, harvest, convex, alpaca, etc.), creating a one-stop solution to address problems 1 and 3. While there are some existing dashboards, we didn't find a UI solution that allows us to interact directly with farming smart contracts from popular protocols.
2. AI-Based Contract Scoring. Integrate an AI system that scores farming contracts by analyzing the code and real-time market data. Updated daily, these scores can help users make informed decisions based on risk tolerance.
3. Add more clear metrics. Standard APY may fluctuate on a daily basis. Also, platforms may calculate it differently, sometimes in their own interest. While we won't remove APY, we can provide more stable PNL-like metrics, such as daily, monthly, or yearly USD price movements.
๐๐ก๐ฒ ๐๐ก๐ข๐ฌ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง? ๐ค
1. Ease of Use: Bringing everything under one platform simplifies the user experience.
2. Direct Interaction with Protocols: You can interact with your favorite yield farming protocols directly, without any additional smart contract layer on top of it. This ensures that the platform's operation is transparent, and you're always in control.
3. Transparency: Daily updates on contract scores provide transparency and foster trust.
4. Accessibility: A simpler interface and clear metrics make yield farming accessible to newcomers.
๐๐ ๐๐๐๐ ๐๐จ๐ฎ๐ซ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ! ๐
Your feedback is crucial. Please take a moment to leave a comment, and criticize. Share this post with your crypto fellows. Let's make farming great again! ๐๐จ