Discover and read the best of Twitter Threads about #ERC20

Most recents (24)

What #Ethereum applications have the highest demand? To find out, we followed where users spent the most gas.

In our latest research piece, we explore the dynamic and ever changing usage profile of #Ethereum, from #ERC20 tokens, to #DeFi, to #NFTs

1/5🧵

glassno.de/etherverse
Over time, #Ethereum has been many things, and we can clearly see these trends emerge within Gas consumption dominance.

Notable #Ethereum usage dominance today:
- 30% NFTs
- 13% DeFi
- 8% $ETH transfers
- 5% Stablecoins
- 5% Bridges

2/5

Live Chart: glassno.de/39Uw5Xx Image
Through observation of #Ethereum network usage, we can identify shifting market preferences.

The chart below clearly demonstrates the expansion of the #NFT trend 🟧, taking off in mid-2021, and absorbed market share relative to DeFi 🟩

3/5
Live Chart: glassno.de/39SRYqu Image
Read 5 tweets
@CyOpProtocol explained - PART 1

main concept is to disrupt any #ERC20 #Crypto project using the #CyOp fund, filled by buying/selling $CyOp due to a 7% transaction tax collected in $ETH.

...to be continued! \\obey the protocol
@CyOpProtocol @CyOpProtocol explained - PART 2

80% of the fund is used to market buy the #ERC20 token, 10% to increase the $CyOp liquidity and the remaining 10% are the matrix glitch and can be won by a random $CyOp staker every voting epoch.

...to be continued! \\obey the protocol
@CyOpProtocol @CyOpProtocol explained - PART 3

50% of the market buy is send to the #Void and the #ERC20 tokens are burned. means less circulating supply for the disrupted #Crypto project, a floor price / market cap in the end and free marketing.

...to be continued! \\obey the protocol
Read 18 tweets
Why #PulseChain $PLS can do 600X or more shorter than you imagine!

There are numbers of reasons why this might happen sooner than we think. I will just try to list few most important ones.

Feel free to share comment etc... 👇

1/5 #Crypto #Airdrop #Ethereum Image
- Firstly it's not rocket science, there is a good benchmark for us to compare.
- @RichardHeartWin already prove his product $HEX which did 10.000X in 2 years!
- Have one of the strongest community in #crypto #Hexicans

2/5 Image
- When #ETH launched in Jul 2015 there were around 3.8M wallets in #bitcoin and less than 10M users overall on #Blockchain projects. Today we have more than 300M people already have exposure to #crypto.
- Many ppl missed 14,738X gains on #Ethereum

3/5 Image
Read 7 tweets
Hey there, Glitchers!

Thanks to everyone who attended today's #AMA session. Missed today's technical and marketing discussion with the Glitch team?

Here are the highlights. Let's recap. 👇

#MainnetLaunch #DeFi $GLCH
How is the development of Phase III progressing? Any plans for the end of the month or for May that we can look forward to?
The recent announcement mentioned when the testing with @KurtosisTech will be shared, but when will the testing begin?
Read 13 tweets
🔥 Notable ERC-20 Projects that may have Airdrop Campaigns

⚡ Here are the projects that you can find Airdrop listed by defillama.
Don't miss out your chance, please take note! 💰

#ERC20 #Ethereum Image
Read 7 tweets
🧵How to value #NFTs:

There is no right way of valuing NFTs, but hopefully this can act as a guide for people who are looking to enter the NFT space, for both for Fun & Profit, as NFT are generally less straightforward as #DeFi, where #cashflow & #TVL can be a good proxy.
2/x
Rule of thumb:
Similar to how you value a #DeFi token based on Future #cashflow, one can gauge the Value of the #NFT via the utility & future potential #airdrop/cashflow it can bring.
3/x
It's a better gauge than simply "Oh the Art is good."
Ofc, the Art itself, can be a proxy to the team's attention to detail. Usually, effort put in by the Team, is inversely proportionate to #rug risk

(Not to mention, the Art itself can also be something of value)@takashipom
Read 13 tweets
#Avalanche 'da basit bir #ERC20 #TOKEN 'ı basmak ve @pangolindex 'de fiyat vermek isteyenler, adım adım gösereyim👇 !
1. Token'i #Avalanche'da basmak için bir araç kullanmamız gerekecek öncelikle şu siteye gidiniz ;

-> remix.ethereum.org
2. Açılan sayfada sırasıyla şunları yapın👇
Read 25 tweets
(1/5)

For #Crypto People stuck in
#CardanoADA #Bitcoin #XRPCommunity #Ethereum #DOT #Solana #Binance #tezos and all #ERC20's

Tired of getting #REKTED and making excuses? While tokens like $OSMO, $ATOM, $JUNO, $SCRT, $LUNA pump hard?

👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇
(2/5)

There is multiple reasons for this: One, it is the best technology and the standardized way Blockchains can communicate with one another using the #Cosmos SDK

Well what is #IBC?
IBC is an interoperability protocol for communicating arbitrary data between arbitrary state
(3/5)

machines. IBC can be used to build a wide range of
cross-chain applications, including but not limited to
token transfers, interchain accounts (delegate calls between two chains)
Read 5 tweets
1.Well You guys asked and we couldn't handle the hype of delivering our @GuildOfGuardian report 🧵

Have a GOG read⬇️

#GOG is a mobile #blockchain multiplayer, fantasy, action RPG where players build their #NFT dream team of Guardians and compete in a #guild to earn epic rewards
2.The game is developed by @StepicoGame and built on @Immutable.

#GOG ambitious goal started in early 2020 and it is set to take off thanks to these 4 main areas where the GOG team wants to focus the most when making the #blockchain game.
3.@Immutable is a #layer2 #protocol that will in fact power the core technology that allows users to trade with zero #gasfee and with much higher #TPS (transactions per second) compared to @Ethereum.

This is a key point when it comes to #gaming infrastructure ⬇️
Read 32 tweets
What are the various #Ethereum ERC Token Standards?

A thread 🧵
#ERC (Ethereum Request for Comments) are Ethereum application-level specifications, such as token standards, name registries, library/package formats etc.
Anyone can make an ERC token with #Ethereum Blockchain app development, but the author must clarify their standard and gain community approval for it to be adopted widely.
Read 12 tweets
Community #AMA session on Twitter with @XSNofficial #Stakenet #XSN

Let's start sharing the official media and some Introduction about Stakenet

Website: stakenet.io
Twitter: twitter.com/XSNofficial
Medium: medium.com/stakenet
Discord: discord.gg/HvTqyumHKn
▶️INTRO

#Stakenet is combining Layer 2 protocols (#Bitcoin #Lightning Network and @ConnextNetwork #Connext, interoperability protocol of L2 #Ethereum #ETH) to allow practically instant, feeless #CROSSCHAIN swaps backed by the Stakenet #blockchain and powered by its nodes.
Furthermore, they are focused on enabling connectivity between #Lightning Network, #Masternode networks, and decentralized applications (#dApps).
Read 106 tweets
[Thread] Autour du projet @GodsUnchained, la "petite" révolution autour des cartes à collectionner, du #freetoplay et des #NFTs.

Installez-vous confortablement au fond du canapé, sortez la couette et la tisane... Nous allons démarrer la visite en douceur !
Petite intro en règle,

@GodsUnchained est un jeu de cartes à collectionner #freetoplay qui va utiliser l'écosystème des #NFTs en leur donnant une réelle utilité.

Dans ce #jeu, vous affronterez les autres joueurs dans des duels de carte (comme dans Magic The gathering).
C'est un #jeu qui est orienté sur la compétition, ce qui signifie que vous devrez faire preuve d'imagination et de stratégie pour battre vos adversaires.

Et tout cet écosystème se passe sur la blockchain #Ethereum et plus précisément sur son layer 2 @Immutable X.
Read 19 tweets
Yesterday we launched the FIRST EVER #Layer2 bridge to a centralised exchange 🥂 - @bitfinex, but what does that mean for you?

🧵 #Thread🧵 (1/6)
Remember how you used to pay those pesky gas fees 💸 and wait absurd times ⏳ when moving from an exchange to #DeFi? This all changes now with minuscule fees and rapid transfers!
(2/6)
This bridge🌉now enables fast and low-cost transfers between #Bitfinex & #DeversiFi meaning that you can move @Tether_to tokens ($USDt) seamlessly between the two platforms, without ever touching #Layer1 #Ethereum! And what's more, we’ll be adding more #ERC20 tokens soon!
(3/6)
Read 6 tweets
#Ethereum size istediğiniz her şeyi yapabileceğiniz bir platform sunar ama nasıl yapacağınıza #ETH karar verir.” Ethereum ile #PolkaDot arasındaki temel fark budur. Bugün anlatacağım @AcalaNetwork #AcalaNetwork projesi #PolkaDot un hepsi bir arada #DeFi hub ı olmayı planlıyor. Image
#ETH protokolü üzerinden istediğiniz #DApp uygulamasını yazabilirsiniz ama istediğiniz şekilde yazamazsınız. En basitinden, protokol sizden #ERC20 standartlarına uymanızı, #Solidity dilinde yazmanızı, (yüksek fee ücretlerine rağmen) fee olarak $ETH kullanmanızı isteyecektir. Image
Öte yandan, PolkaDot ağı birçok yazılım dilini desteklediği için size herhangi bir programlama dilini veya herhangi bir para birimini kullanmanızı gerektirmez. Geliştiricileri/Yazılımcıları kısıtlamak, sınırlamak yerine onlara tüm istediklerini yapabilecekleri bir platform sunar
Read 16 tweets
MEET NCG ON ETHEREUM.

Yes, we are stepping into the big league. $NCG is making its debut on the #Ethereum network, and we're launching the ERC-20 token in partnership with @SushiSwap!

ninechronicles.medium.com/introducing-wr…
@NineChronicles is an open source, #decentralized RPG network powered by the community.

As a fully decentralized game, there are no servers, and every player is a node with full access to the code and data of Nine Chronicles. docs.nine-chronicles.com
After launching the mainnet last October, more than 500,000 #NFTs have been crafted and 80,000 NFTs have been traded on the network. Players have mined over 2 million blocks since the launch, and thousands of nodes power the Nine Chronicles network every day (600% growth in Q2).
Read 11 tweets
It's time for some educational fun. It is important to always keep your wallet recovery phrase secret. If anyone gets access to it they have access to your coins. With that in mind, let's have some fun!
For this first-of-its-kind global treasure hunt, the rules are simple. Guess all 12 of our riddles and recover the metamask wallet. Anyone can send it coins so keep checking to see what is inside!
Wallet address 0x1d593097Ea77d546389fbfe73c3b59cff1f84873
Day one:
"A $Pussy likes catnip, a $DOGE likes a ____"
The first answer will be confirmed in our discord once someone guesses it. Good luck! 😉

#Crypto #cryptogivaway #treasurehunt #erc20 #education #Cryptoeducation #doge #thefutureiscrypto #Pussywallet
Read 14 tweets
1/ Do you think ERC20 approve() is safe? Well… 🧵

Function in itself is safe but there are two scenario where ERC20 approve() shows its rough edges.

First is a front-running attack on approve().

Imagine following scenario 👇
2/
* Alice approves Bob for 20 Tokens
* After some time, Alice changes approve to 10
* Bob front-runs the Alice TX for approve(10)
* Bob spends 20 Tokens
* Alice TX passes
* Bob spends additional 10 Tokens from Alice.

Why is that?
3/ Attack is also possible because approve() overrides current allowance.

It doesn’t increase/decrease allowance in atomic manner.

How can we limit against that?

There are two approaches to limit the attack vector.
Read 15 tweets
What is yearn.finance (@iearnfinance $YFI)?

#DeFi yield optimization. In 5 tweets 🧵👇 Image
Yearn Finance is a suite of #DeFi products that provides lending aggregation, yield generation, and insurance on the #Ethereum blockchain.

It launched in 2020 and has more than $3 bn in assets locked.
yVaults are capital pools that obtain a yield from opportunities in the market. Vault strategist & guardian get fees.

By pooling their funds, users share gas costs, benefit from automated processes and rebalancing strategies, and don't need to be proficient in DeFi intricacies.
Read 8 tweets
What is Synthetix (@synthetix_io $SNX)?🦾

Hardcore #DeFi: derivatives on all types of assets on the blockchain. In 5 tweets 🧵👇 Image
Synthetix is a decentralized synthetic asset platform that provides on-chain exposure to fiat currencies, cryptocurrencies, commodities, stocks, and indices.

It opens up endless trading possibilities to people who wouldn't normally have access to trading the tracked asset.
Synthetic assets (Synths) are backed by Synthetix Network Tokens ( $SNX) staked into a smart contract as collateral. The current ratio is 750% and can be changed by governance.

In exchange, Synth stakers get a fixed amount of inflation and fees on the trading of the Synth.
Read 8 tweets
1/

🙌 Just imagine having a universal tool allowing you to build ♾ number of #trading strategies and getting you closer to 🚗 a cherished #Lambo...

Well, now you got one 🙃

⚡️Introducing the #1inch Limit Order Protocol!

More info ⤵️

#DeFi #crypto
blog.1inch.io/the-1inch-limi…
2/

📜 A limit order option has been available in the #1inch #dApp for a while, but, until recently, it was based on the @0xProject protocol.

🚀 Now, it has been replaced with the much more 🛠 efficient 1inch Limit Order Protocol.
3/

The #1inch Limit Order Protocol will be available on 🔷 #ETH, 🔶 #BSC, and 💠 #Polygon.

Supported token standards:

#ERC20/#BEP20
#ERC721
#ERC1155

✳️ Other standards could be supported via external extension.
Read 6 tweets
(1) Recently, #NFTs have gained *a lot* of attention from not just crypto-evangelists, but more mainstream outlets. @enjin are a leader in the #NFT space, but what make their approach and solutions to #trueownership of digital assets so special? A thread! #enj $ENJ #evENJelist
(2) First thing's first; if you're still not 100% sure on *what* NFTs actually are (and why they matter and hold value), it's worth reading these handy-dandy beginner's guide that I wrote. #enj $ENJ
enj.in/nfts-value
enj.in/nft-guide
(2a) NB: While @enjin's heritage is in gaming, it's important to note that $ENJ-backed #NFTs span a wide variety of usecases: @Azure use them to encourage and reward developer engagement enjin.io/powered-by-enj… and @binance use them for digital community collectibles
Read 22 tweets
This bull market’s top-performing token? It’s @ZapProtocol -a @chainlink $LINK alternative that represents the most decentralized oracle proxy for smart contracts.

A THREAD👇🏼:

#Bitcoin #defi #crypto #eth #ERC20 #oracles #bondingcurves
fxstreet.com/cryptocurrenci…
$zap is a multifunctional blockchain solution offering full liquidity for many #DeFi use-cases like data monetization, token creation, & creating various #DApps. $zap smart contract templates use #bondingcurves, algorithmic market makers that provide liquidity for the protocol.
In comparison w/ @chainlink, @ZapProtocol allows users to create #decentralized #oracles using #smartcontract templates, and to buy and sell the oracle tokens in an open fully-liquid marketplace.
Read 5 tweets
@GoingParabolic #Verus is a truly free, #decentralized protocol and rent-free #blockchain framework that provides chain #interoperability that can scale to the world. It’s not just a protocol, but an ecosystem of interconnected blockchains.

@GoingParabolic Once on mainnet, the Verus #DeFi system will be a fractal, market-driven, & completely liquid worldwide network of independently valued currencies and protocol-based currency baskets that allows anyone holding Verus to perform cross-chain transactions, launch a fractional reserve
@GoingParabolic Token and merge #mine and #stake on up to 22 #blockchains at once.
Read 13 tweets
📦 Starter Pack: What’s @thorchain_org and its Decentralized Liquidity Network?

2/ Where can I learn more about it? In official documentation:

docs.thorchain.org
3/ Or if you need someone to explain it to you, @rebasefoundtn produced some great audio content, here’s their Whitepaper Walkthrough:

Read 23 tweets

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