Coffee ☕️ pfp

Coffee ☕️

@coffeexcoin

121 Following
116 Followers


Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
Base Posts So: after reviewing the onchain actions associated with the first post I made it seems like all of the following take place: - Create a farcaster post - Deploy a new ERC-20 associated with the post - Create a uniswap pool for the token - Mint token to the poster - Mint token to the uni pool Total gas cost for the post was about six cents, albeit sponsored by paymaster. My initial thoughts on this: 1. Why? Overall it seems absolutely bonkers to create an ERC20 and LP for every single social post. What is the overall benefit of this? Who is planning on buying/trading the average post? 2. The impact on base's chain state from this is potentially enormous - the chain already has an incredible state growth rate and this is just going to accelerate it. 3. What's the endgame here? Millions of worthless ERC20s on base, linked to social posts long forgotten.
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
posting on the base app - it says anyone can buy this post but it isn't clear what it is being posted on. is this just farcaster?
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
ERC1155, fungibility now with extra reentrancy!
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
gonna get rugged soon
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Backseats pfp
Backseats
@backseats
Build something interesting and people will interact with it, regardless of the chain Everything else is narrative and people arguing about their bags
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Haiver
@haiverart
Evanescencia - Edition #6 by Leonardo Solaas (@solaas) Held by @coffeexcoin Leonardo is one of genart's elder statesmen. Definitely don't want to miss this piece: https://www.alba.art/projects/evanescencia
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
My issue is that home staked ETH is locked up and not usable in defi. The ability to earn native yield while also utilizing that capital is a pretty enticing pull to LSTs.
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
I had this happen as well 😭
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
War has been declared. Gasliters will reign supreme.
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WhiteOakKong
@whiteoakkong
@base.base.eth hunt has begun, and war has been declared. Gasliters will NOT stand down.
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
It's good. Like really good.
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Coffee ☕️
@coffeexcoin
People ascribing value to "pizza sats" are just pumping their bags because they happen to have said "pizza sats" I will die on this hill.
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
gm Happy Mutant Monday!
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Coffee ☕️
@coffeexcoin
Love how project founders just hand you generational wealth
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Coffee ☕️
@coffeexcoin
I feel like the algorithm and discourse on twitter is so incredibly broken at this point that literally anything that can take it on and get a good chunk of people off that platform is great.
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Coffee ☕️
@coffeexcoin
Agree. Everything about blast just feels like driving the ecosystem in the wrong direction.
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Coffee ☕️
@coffeexcoin
All noise, no signal over there.
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Coffee ☕️ pfp
Coffee ☕️
@coffeexcoin
The state of the former bird app is despicable. High noise, low signal. People shilling their bags and no reasonable discourse. Time to try something new.
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