mike rainbow (rainbow mike) โ
@mikedemarais.eth
imo itโs gonna be tough to get farcaster users to adopt a proof of human/KYC system without financial incentives, i feel like all the solutions require jumping hoops which is doable but personally always bucketed these solutions as things people would only do if financially incentivized
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ruz.eth ๐
@ruz.eth
This is where my idea for Polvault comes in. Setup a vault. It holds Uniswap liquidity NFTs, and regularly harvests the yield and converts to ETH. Anyone can donate. Distribute the ETH to every address with a qualifying Gitcoin Passport. The recipients of the ETH share equal control of the vault, in order to migrate the liquidity should the need arise. Bam. On chain UBI. A reason to use digital IDs. A true democracy.
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ruz.eth ๐
@ruz.eth
Hereโs a GitHub for it. Figured a faucet would be a good test for the concept. Unfortunately I canโt code, so this is as far as I got, and nobody else seems to give a fuck: https://github.com/Ruzhyo04/GoerliFaucet
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