🔆 OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ Iᔑ @ ᔑᔑ 🔆

Shapeshift is Based. Come along, my fellow degens and peek under the DAO's hood to see how we got this going and where we go next.

Or, ya know, swap away on app.shapeshift.com and skip the builder arc. That's fine, too.

Why base? 

1/

multichain

Product workstream leader @shapeshift
Governance lead at FBL

Formerly: @makerdao. @boostxyz

Fits our /multichain ethos
It's speedy and has lots of activity
I've been on Warpcast watching the builder party and posting memes, and we want to support the party
Smart wallet innovations from CB are intriguing
and....

2/

I have a sneaking suspicion that people will want to swap Degen to Bitcoin and vice versa. Open spec here: https://shapeshift.notion.site/F-Multichain-trade-Frame-8cf92831c8024680863dd6f19e2aa68b

3/

One thing that's super underrated about SS is its lighter backend than most. We built the whole interaction pattern around self-custody and blockchains as the source of truth/data/history. For sovereignty or privacy, this is A+. For speed.. it's complicated. Sometimes it chonky, and fall over.

4/

Case in point: new networks. Many projects have more options for hitting an endpoint, following a similar data structure for in-app actions, and calling it day. 
"Oh, it's OP stack? Cool. That's one week for Tx history, swapping, NFT display, etc. "

Not SS.

5/

No, no. We rolled our own node infrastructure with a DAO workstream for years and have slowly, network by network, been switching to a more sustainable infrastructure to support your Tx history and interaction patterns.

6/

So, spinning up new networks is a game of resourcing, priority, other features, engineering bandwidth, and speed. The things you bring a product workstream onboard for, partnering & coordinating with engineering and ops. 🤝

7/

Powered by Thorchain and others under the hood (see earlier about rolling own infra), Shapeshift is one of the first truly multichain interfaces. Not just EVMs but UTXOs, COSMOS zones, **AND** EVMS. Not all, but we're working on it. In public.

8/

As an engineer/buidler, if you'd like to pitch in making true /multichain happen, we're more than happy to bounty something up, but our stack is a challenge. Are you up for it?

9/

We also have a snazzy landing page for everyone else and would love to bolster the FAQ or add anything. 

Let us know what we're missing! 

And check out the easter eggs. LIke the unfurl judging you for not reading lol. 

https://shapeshift.com/base

10/

This morning, even legends @jacek & @purp came to our Twitter space to memecoin and chill. 

Momentum is trending higher for ShapeShift. ↑

Recording:

This morning, even legends @jacek & @purp came to our Twitter space to memecoin and chill. 

Momentum is trending higher for ShapeShift. ↑

Recording: https://twitter.com/i/spaces/1ynJOyZoRmlKR