1/ One of the biggest drawbacks of using Optimistic rollups is the 7 day withdrawal delay when using native bridges.
@bobanetwork decided to build their own bridge that only takes ~10 mins to withdraw from L2 back to the mainnet.
A guide on how to onboard to Boba Network 🧋
2/ Introduction @bobanetwork is an Ethereum Layer 2 Optimistic Rollup scaling solution that claims to help:
• reduce gas fees
• improve transaction throughput
• extends the capabilities of smart contracts
• reduce 7 day withdrawal delay to a couple of minutes
b) Visit chainlist.xyz to add the Boba Mainnet network directly into Metamask
4/ Bridge
a) Native bridge (gateway.boba.network)
• Connect via Metamask on mainnnet
• Click on Wallet on the menu bar on the left
• Click 'Bridge' next to the desired token you want to bridge
• Enter amount you want to bridge across
4/ Bridge
b) Alternatively, use @SynapseProtocol bridge which now supports stables (DAI, USDC, USDT)
1/ Back in September, @Algorand announced their $300 Million DeFi fund to support the growth of its ecosystem. What that means for us 🦍is another chain to bridge our funds over to ape in!
Here's a quick thread about how to onboard to Algorand 👇
2/ Short background
Algorand was founded by @silviomicali as a Layer 1 blockchain aiming to be scalable and secure to enable a decentralized digital currency and transactions platform.
1/
With crypto experiencing high degree of price fluctuations, it is imperative for protocols to offer safer products for the more risk averse investors.
Enter @templedao, which aims to offer a safe place for DeFi natives to seek refuge against volatility.
An ELI5 thread 👇
2/
TLDR: TempleDAO offers users automated investment pools to stake tokens to earn yield while reducing price fluctuations often seen in high risk crypto coins.
They employ several stability features in order to help stabilize the protocol and ensure investors are protected.
3/
Gap in the market
- Fixed supply of tokens: as more people enter this causes price to rise > early investors start selling which causes price to fall
- Mint 2nd token to incentivize staking: usually a worthless token which causes also causes mass selling
1/ Compiling a list of some tools I find helpful to leverage Twitter more effectively to network, find information, and share content.
Ignoring all the shills and shit posting, there are nuggets of alpha to be unearthed if you follow the right accounts and dig deep enough.
👇
2/ Following too many CT influencers and constantly missing out on some of their tweets on your timeline?
Reduce the clutter by using @TweetDeck for a more focused view. You can add individual users (via columns) to display and view side by side instead of a single timeline.
3/ Cracking your head trying to find an old thread but unable to locate it on a user's profile?
Avoid unnecessary scrolling by using All My Tweets to find up to 3k worth of old tweets in a single page (Ctrl + F to find key words).