Jacob ʃei  pfp

Jacob ʃei

@kingjacob

71 Following
250 Followers


Jacob ʃei  pfp
Jacob ʃei
@kingjacob
new protocol entering beta: “peer to peer-group” onchain credit. Not a public good or pure speculation but a secret third thing, club goods!
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
Cloudscape #1
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
If you have been wanting to get involved in a defi dao, now is the ideal time for union. Its about to fund a delegate reward program and the governance forum just launched, so you just need to post thoughtfully to standout.
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
Currently the model gives some credit based on $Degen balance. But think theres probably something cooler we can do w/ tipping. Ideas: 1. allowance instead of balance, harder to game 2. tip the bot to grow the degen pot 3. tip the bot + someone elses name to build a degen specific trust score what do yall think?
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
dropping something fun tomorrow
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
Ethena's USDe is now negative yielding. This scenario was known, with some saying itd cause a luna style blowup w/ cascading effects in other DeFi protocols & others saying you just close the trade and hold $1. I lean the latter assuming the market is filled w/ perfectly rational actors (😅). What do you predict?
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
Drop your best friends @ & why they're awesome and I'll send them a gift.
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
UnionDAO's governance forum is live. If you are interested in Rosca's, credit associations, community owned banks, scientific governance. and have been looking for a project to support. I would invite you to check out @union. The DAO is just getting going so now's a good time to join: https://gov.union.finance/
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
If you would like to help me actively test a "credit collective in a group chat", please fill out this quick survey/application. (limited to 50) p.s. please send to any friends operating irl non-crypto businesses. This is defi that will be useful to them. https://creditcollective.deform.cc/apply
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
this is your brain on zora https://zora.co/collect/zora:0x8ecefa6e2b93658c78c4dddbf0011a479dfb6e78/1?referrer=0x729dF3924822C9a2CA1995c05Eb801A395329F35
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
Rereading this post i wrote 4 years ago, or roughly 1 quadrillion defi years about why unsecured lending is important. Funnily this was before all the crypto credit implosions and yet i believe it more today. https://medium.com/union-finance/why-unsecured-credit-matters-777706debae0
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
how big of a chain of trust can we build Ill start by optimistically giving credit to the first casters to reply with their /union OP profiles, then they reply with who they trusted & repeat https://zora.co/collect/oeth:0xa73be24fb5df82f45c5848f099451b5bea427474/2?referrer=0x729dF3924822C9a2CA1995c05Eb801A395329F35
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
Fun onboarding experiment using zora & tx relays to register folks for free who gift an NFT to a friend. If you've not yet tried @union (onchain p2p credit) or want to invite a friend, try it out. Mint the NFT, send to a friend, & voila! https://zora.co/collect/oeth:0xa73be24fb5df82f45c5848f099451b5bea427474/2
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
introducing referral rewards on @union 🌟 Earn 0.00021 ETH for each friend who joins via your URL 🌟 Earn 0.00021 ETH for every user signing up through your integration(frame;) Read more in the announcement post & a special mint at the end → https://union.mirror.xyz/xXmgVkG3usy0b8x2kfRmtY27zl7qLnrAQmQcMUwz68c
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
$1000 USDC bounty for the top 3 coolest things built on @union x @farcaster this weekend. Coolness judged by a combination of usefulness, fun, and clever. Reply here with any questions. I’ll also share some ideas below. ~ post it @bountybot, ty!
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
0.05 ETH @bountybot for top 5 forks of the creditcub frame for use by a specific farcaster community. Could be a gc, channel, mutuals, power users, reply guys, any farcaster param. Reqs: change the design, it works on OP, & share a live version with your target group. If >5 judged on activity, style, function.
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
Introducing Credit Cub's Credit Club ฅʕ´•ᴥ•`ʔฅ This weekend @ethglobal, @bbq & I built a bank in a frame. 🐻‍❄️How it works: Press apply. It runs your FID through a sybil/trust algo. Then it sends a tx to the @safe trusting you with $0 - $4269 DAI in credit @union. https://creditcub.club
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
@linda is best way to create lots of bounties one cast each or can bountybot parse multiple in one cast?
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
I am properly stumped…$250 usdc if anyone can help me get this @zora nft link to properly embed with the mint with warps feature or even in a frame with a correctly work button:mint instead of button:link. @bountybot
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Jacob ʃei  pfp
Jacob ʃei
@kingjacob
@roh if you arent using the /union channel would you mind if i do? Would like to use it for @union’s community and some fc channel experiments.
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