Graeme (graeme)

Graeme

@stackdotso. Prev CTO/cofounder of mirror. strangechances

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It’s a beautiful design that escalators, when broken, fall back to being stairs

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We shipped a solid set of new features this week – notably adding earn activities to leaderboards, and a marketplace for creator accounts. As the week closes, each feature is approaching its first 1k of transactions. Here are the standouts:

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The main reason that Stack had so much volume this week was that a lot of people came over from Solana, after Clout didn't work so well in practice. All of the analytics point to this. Our approach was very pro-social, because 1% of all volume is given automatically to the underlying account, as well as 30% of the tokens dripped over a year, without the underlying account needing to do anything. We did $8m on Base in one day without any technical issues, and we sent hundreds of thousands of dollars in value to Ethereum addresses this way. But something that I have to say, because it feels a bit alienating, is that a lot of people in the ETH community kinda had a go at dunking on us. People logged on, saw $80 in their portfolio, and said "meh, this is confusing" – even though no app in history has probably ever done that before for a new user. Kinda sad that after 8 years of building on Ethereum, it's harder than ever to feel motivated to build for its community members.

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