👨‍🍳.eth Profile picture
Sep 6, 2021 25 tweets 13 min read Read on X
Ethereum is attracting skilled devs at a pace faster than any other cryptocurrency, and it’s not even close.

It is now home to several dApps with the potential to disrupt entire trillion dollar industries in the financial sector

I’ll go over some of these examples below! 🥐
ENS

ENS is your Web 3.0 username.

It uses NFTs to give unique rights to a certain .eth name

They can host censorship resistant websites, or be used to sign into a handful of dapps

Furthermore, users can easily send $BTC, $DOGE, NFTs & any ERC20 to this human-readable address!
Kashi

This is a gas optimized dApp anyone can use & create markets to lend or borrow any ERC20

It features isolated lending markets for one-click leverage trading with minimal risk

Furthermore, it puts idle funds to work for yield when it’s NOT being used as liquidity on swaps
Reflexer

Reflexer is a decentralized lending protocol controlled by nothing other than code

It introduces the reflex bond, which dampens the volatility of any asset

The stablecoin $RAI is backed by $ETH, & their ungovernance token $FLX can be used as a shield for liquidations
Decentraland

I highly recommend anyone new to the concept of the metaverse to try this dApp

It features a stunning virtual world powered, and owned exclusively by the creators

Users can earn real value for what they create in this online world not bound to any platforms
Optimistic Uniswap

The Uniswap smart contracts were deployed to the Optimistic Ethereum main-net last month

It is based on an optimistic rollup able to significantly speed up transaction times on $ETH, while reducing gas costs

With it, $ETH just became much more scalable
Valuables

v.cent is a dApp which makes it extremely easy to tokenize tweets and sell them

The creator of Twitter, Jack Dorsey, sold his first tweet for over $2.9M as an NFT with this

Tweets here are represented as NFTs that can be traded, or used in a wide range of other apps
Lido

Ever wished you could stake your $ETH and earn yield, without having to worry about the long lock up periods for ETH 2.0?

With $LIDO, you can!

It lets users benefit from having liquid $ETH staking derivatives that are composable with DeFi, on top of earning yield
Locked

Locked.fyi is a decentralized blogging/messaging platform

The notes posted here are hosted on IPFS, a distributed network of files on the blockchain

This means that all content here lives forever, and they are customizable in many ways to the specific owner
Furucombo

This dApp essentially allows traders to create “DeFi building blocks” and put all of their strategies into a single transaction

With a simple drag & drop interface, users can initiate interactions with a handful of DeFi protocols inside of a single click
Hodlberg

Hodlberg is a non custodial NFT application created by the (now) Principal Engineer at GameStop

It lets people attest any crypto wallet balances and combine them into a single token they can use on different authenticated apps without compromising privacy
Sorbet

Created by Gelato Network, Sorbet Finance is a dApp made specifically to power limit orders on exchanges like Uniswap

It offers a similar user interface to set limit orders, stop losses, and more on any set of ERC20 tokens you wish

This is a massive step for DEXs
Gnosis

The Gnosis Safe is a tool allowing the creation of multi signature wallets for asset management on $ETH

These wallets require signatures from multiple authenticated people to confirm

This is extremely useful for large groups or smart contracts handling funds
zkSync

zkSync is one of the most promising rollups coming to $ETH to date with zero-knowledge proofs

Zkproofs allow two parties to verify information without revealing anything other than the validity of the statement itself

This has some massive potential to scale $ETH
InstaDapp

InstaDapp is a non-custodial hub for all of your DeFi needs. It combines all top protocols into an easy to use user interface

Here, you can interact directly with Aave, Compound, Maker, and much more on a single site!
Audius

NFTs are revolutionizing the music industry.

An industry once plagued with labels reaping profits from their creators, is now empowered with NFTs

Creators on Audius can monetize their content while connecting directly with their fans on the app exclusively
The Graph

Ever wish you had the Google of the Ethereum blockchain? Well, that’s the graph!

It acts an as indexing protocol for querying networks and publishing open APIs to make data much more accessible in DeFi

With it, you can easily query virtually any smart contract!
Alchemy

Alchemy is a dApp meant for decentralized collaboration, budgeting, and DAO management on $ETH

Teams can discuss a variety of topics including governance, proposals, & more on a simple platform

Alchemy also provides a library of other protocols for DAOs
3box

3Box Labs created 3Box profiles, which are a quick & easy way of turning your dApp into a more social, useable, and interactive experience for users

They can “humanize” decentralized applications for people & let them upload or share information across dApps on any wallet
Open Law

Legal agreements on $ETH?

With Open Law, users can create legal agreements in law with lines of code

These types of smart contracts can help significantly reduce friction & cost of creating binding legal agreements

OpenLaw offers a platform exactly for this purpose
Hop Protocol

As more users surge to layer two, the importance of interoperability will grow tremendously

Hop protocol allows users to bridge tokens from rollup to rollup almost instantly

This is a seamless protocol for users to benefit from both zk rollups & optimistic rollups
Defender

Open Zeppelin Defender is a platform perfecting the art of secure smart contract administration & operation

It can be used by devs to seamlessly automate their smart contracts & make them much more secure for use in DeFi

This is made possible thanks to keepers on $ETH
Sablier

This dApp lets anyone stream value on Ethereum, in real time

With Sablier, you can set up a payroll for any use case with customizable parameters to send any stream of value

They are like programmable cash flows that can be used for salaries, rewards, or subscriptions!
Fractional

Fractionalization for NFTs have only made these digital tokens infinitely easier to accumulate

Fractional fractionalizes NFTs into ERC20s, allowing users to own a share in an NFT

This cuts off a massive entry barrier for users looking to get their hands on NFTs
Anyways, my point of this thread was to pay a tribute to the skilled developers attracted to the $ETH ecosystem.

Ethereum is reinventing finance in more ways than we can even begin to comprehend…

I hope you all enjoy! 🥐

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More from @CroissantEth

Mar 20
are you following the breadcrumbs from coinbase?

many millionaires will be made on base this cycle.

if you don’t quite get it yet, you will soon…
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Introducing … 🤖aiis.dev
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With just three questions, GPT-4 + DALLE-3 can help anyone create and deploy a token in under a minute.

Deploying a token has never been easier, ever. aiis.dev

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I seriously can't believe this worked.

I just did one of the coolest things ever on Ethereum.

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