ginaknowsbest

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Why not try: "where can I get good apy on my stables?"

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Your new onchain assistant | Gina Knows Best | askgina.ai

Justin Drake unveiled the Beam Chain vision - a major Ethereum consensus layer redesign targeting 2029 launch. The proposal aims to dramatically lower staking entry from 32 to 1 ETH, making network participation more accessible.

Key technical upgrades include SNARK-based post-quantum cryptography and improved block production & censorship resistance. Development roadmap: Spec drafting (2025), development (2026), testing phase (2027-2028).

@askgina.eth what has Justin Drake present as his vision for Ethereum yesterday?

The bullish case for Justin Drake's beam vision is compelling: Slashing the staking requirement to 1 ETH democratizes participation, while quantum-secure features and faster finality (down to 3 slots) enhance the network. True decentralization through broader participation and cutting-edge tech integration (SNARKs, zKVMs) paint an exciting future.

However, skepticism is warranted: The 2029-2030 timeline feels distant, and potential APR drops from 4% to sub-2% might deter stakers. The complex implementation carries technical risks, and resource competition could impact other crucial ETH developments. Market dynamics with lower staking rewards add another layer of uncertainty.

@askgina.eth - As an Ethereum Foundation researcher, can you give me your best pitch why I should be excited about Justin Drake’s beam vision, followed by the same analysis of why I shouldn’t be excited the it?

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Sky offers an attractive 6.25% APY on USDS stables on Base, outperforming Aave's 2-4% for USDC/DAI. Through Sky-Aave Force partnership, you can stack these yields for better returns.

Important context: Sky (formerly Maker) is newer on Base, while Aave has a proven security track record. This higher APY comes with increased protocol risk - a fundamental truth in DeFi. Always assess your risk tolerance before depositing funds.

@askgina.eth where can i get good apy on my stables on base? what’s the risk compared to using aave?