tonywtf (tony181)

Play onchain checkers https://farcaster.xyz/miniapps/8UBaWH9iKVE0/onchain-checkers

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gm base .

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so excited for the new features that I’m cooking for my miniapp 👀

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ERC-S: The startup token standard changing how founders raise on-chain. I’ve been studying @StreetFDN’s ERC-S model and it might be one of the most interesting experiments in crypto-native funding yet. let’s unpack 👇

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Ever wondered why some of the best opportunities in DeFi seem just out of reach, or why moving your assets between platforms can feel so clonky? A big part of that challenge boils down to a single, critical issue: liquidity fragmentation. That's what mitosis is trying to solve! Our goal is to unpack their approach to fixing fragmented liquidity in DeFi and, importantly, explore what it could mean for you as a user. DeFi has exploded, which is great, but at its current state, liquidity is fragmented across different chains and platforms. It's like trying to water a big garden with lots of tiny cups. It just doesn't work as well. it's inefficient and doesn't work nearly as well as a connected system. This fragmentation creates a real problem. When you currently deposit your crypto assets into a liquidity pool, they often become locked in place. See a better yield opportunity elsewhere? (tough luck, buddy🙄) Moving your assets can be slow, costly, or sometimes, just not feasible.

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Grateful to @zen, who invited me to Farcaster

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Understanding The Initia VIP Program the Initia VIP (Vested Interest Program) is a unique economic framework designed to foster growth and alignment within the Initia ecosystem. the program aims to create economic alignment among users, developers, and interwoven rollups (Minitias) within the Initia network. It incentivizes participation and retention by rewarding users with the native token, $INIT. How it works: > Allocation: a portion of the $INIT token supply is allocated for the VIP program to distribute over time. > Distribution: rewards are given in the form of escrowed $INIT tokens (esINIT), which are initially non-transferable. > Unlocking: esINIT can be converted into regular $INIT tokens through two primary methods: - maintain a VIP score above a threshold over vesting periods or - stake esINIT into liquidity pools for boosted rewards.

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