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Merlinator.base.eth

@merlinator

187 Following
54 Followers
Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Es un día hermoso 🌞
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
good to see activity steadily increasing on farcaster
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Ethereum needs new ponzis on the L1. Something like NFT szn of 2021, to boost activity and mindshare. The power of high levels of speculative activity is underrated.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Is it just me or is the new @warpcast UI cleaner and more intuitive?
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
One positive thing about crypto is that it's full of learning.👩🏽‍🎓 TradFi people learn about DeFi, noobs learn how to run nodes, degens learn about smart contracts & monetary policy, and how committees IRL can affect their bags. Wherever you're coming from, you'll sure learn a lot.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
The problem is not everyone is able to yap a lot. Some are able to stay consistent and cast quality stuff frequently, but a lot will spam low quality content for visibility/numbers. X is a mess with AI slop posts and replies - do you think that might happen here?
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Gm. Just a reminder that no one's coming to save you. You gotta do it yourself. ✌️
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
GM. This is another reminder that no one is asking for your new glamorous general purpose L2. There aren't enough users, and there sure isn't enough money circulating in the ecosystem for lots of chains with zero or incremental improvements over existing ones.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
IMO, stablecoins are crypto's best feature and use case for the vast majority of people. Easy and fast cross-border settlements, USD stables as an inflation hedge for many people around the world, and easy online payments. The small guys aren't interested in "stacking sats," or hearing that "Ethereum is inevitable," or participating in overcollateralized lending - they want practical and easy solutions to their everyday problems. Mass adoption will come from adoption of stabecoins by tradfi systems.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
If you're just starting out in a new area, you can't afford to "ask" for permission. Incumbents don't play nice. You'll have to take what you want, tell your own story, and try to sink your roots as deep as possible by offering more value and being more nimble.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
It costs nothing to be a decent human being. Be kind to people.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
@zora NFTs are now shitcoins with a project picture. Default supply: 1 billion. "Dev" default allocation: 10 million. "Dev" royalty: 1% I guess pumpdotfun has really made an impact (+ve or -ve ? 😏) in crypto. More projects are pivoting to the shitcoin casino model.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Avoid having heroes (or putting people on pedestals) in crypto. You'll set yourself up for disappointment. There's something about this space that warps people. It's profit over everything for most.
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Merlinator.base.eth
@merlinator
As Mitosis pivots from its current Expedition model to Matrix Vaults, the focus shifts from short-term liquidity mining to cultivating sustainable, mutually beneficial relationships between protocols and LPs. By better aligning incentives while preserving flexibility, Matrix Vaults could help attract a wider range of participants to the DeFi ecosystem. It's worth keeping an eye on how the Matrix Vaults product and Mitosis itself, evolve.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Focusing on long-term growth helps to foster a more effective incentive opportunity, which allows protocols to reward suppliers for their more resounding contributions other than just depositing. When you deposit in a Matrix Vault, you receive an "maAsset" token that represents your position. The good thing about maAssets is they're composable - you can still use them in other DeFi applications while they're working for you in the vault. If you want to hold other maAssets, you can withdraw your Vanilla Assets, swap through any supported AMM pools, or use your mAassets as collateral. The end result is an increasingly stable and committed base of liquidity providers for protocols to work with. Matrix Vaults provide LPs with flexibility (no forced lockups) while giving protocols the predictability and aligned incentives they need.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Mitosis just announced Matrix Vaults, their new approach to liquidity in DeFi. I'll try to explain what Matrix Vaults are and why I find the idea interesting. Matrix Vaults reimagine how protocols and liquidity providers (LPs) work together. Unlike some traditional vaults that lock up your funds, Matrix Vaults let you withdraw anytime - but with a twist. If you withdraw early, you forfeit the rewards you've accumulated. This "penalty" mechanism aligns incentives between LPs and protocols without resorting to hard lockups. LPs are motivated to stay in for the long haul to maximize their rewards. Meanwhile, protocols get access to more stable, predictable liquidity. Matrix Vaults support complex and more customizable strategies involving integrations with lending protocols, stablecoins, multi-step yield optimization, and LP token staking and locking. This enhanced customizability is designed to address the long-term needs of protocols better and not just look to inflate their stats.
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Merlinator.base.eth
@merlinator
Keep going, Vitalik. Building an enduring structure isn't easy, but it'll be worth it.
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Merlinator.base.eth
@merlinator
Look how they massacred my $ETH 😐
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
New Optimism Proposal Vote Available (Protocol Upgrade: Superchain Registry 2.0) If you're an Optimism delegate, head over to Optimism governance and vote: https://vote.optimism.io/proposals/71928632649116715308847337447543955907072794738294227130170691217045092512147 This proposal for a protocol upgrade makes improvements to the Standard Rollup Charter’s Onchain Criteria. It adds additional requirements for standardization which were previously enforced by the Optimism Foundation via Offchain Criteria.
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Merlinator.base.eth
@merlinator
Is there any account that casts a daily summary of interesting Farcaster project updates?
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