Coming at you with the Explore Screen features of the week 🤝

@cryptotesters are back baby! Check out which projects caught their attention this month 🧪

⬩Identity in Web3 — an exploration of projects building the identity layer

Full post ➡️ bit.ly/3yQKkpq
@cryptotesters have once again come with a stellar selection of #dApps

@NestedFi — a social trading platform that enables you to copy great traders or earn royalties by sharing your own strategies

⬩Mint agEUR on @AngleProtocol or borrow it using #ETH, $stETH or $WBTC
@Instadapp — its multichain #DeFi management dashboard allows you to access powerful tools such as recursive leveraging, ability to move entire debt positions across chains, and more

Access these apps straight from Steakwallet and let us know what you think 🤝
In Identity in #Web3, you’ll find projects building identity solutions that will enable exciting use cases. Check them out ⬇️

⬩Take control over your data with @SpruceID — the project behind Sign-In with Ethereum, building a cross-chain user data ownership protocol
@EverestDotOrg is building a catchall crypto economy platform with a self-sovereign biometric identity solution

EverID enables deduplication with proof-of-humanness, and gives a person the ability to securely record, update, store, and share identity information 👁
⬩We all know and love @unstoppableweb’s domains, but did you know they also offer Humanity Check?

It allows #Web3 users to store, share, and control who has access to their personal data online, while applications can use it as a solution to sybil-resistance ☝️
Take a look at all of the other great projects featured in these two collections in our blog post, linked in the first tweet 🕺

And come chat with us in our Discord to share your thoughts with the team and community ➡️ discord.gg/steakwallet

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More from @omnidotapp

Jul 21
Who else is thrilled about the upcoming integration of @proofofhumanity with @LensProtocol? 🙋🏼‍♀️

Just yesterday we highlighted @PoHDAO in our Identity in #Web3 feature. Let’s talk a bit more about why it’s exciting ⬇️ Image
PoH — built on #Ethereum, is an identity system combining social verification with video submission to create a Sybil-proof list of people

There are a lot of potential use cases that require users to prove they are real humans and not bots, fake accounts, or duplicates 🤖⛔
Some of the enabled use cases of a solution such as Proof of Humanity are…

⬩Sybil-resistant airdrops
⬩Better #NFT distributions
⬩Quadratic funding
⬩Better voting mechanisms (1human = 1vote or quadratic voting)
⬩Undercollateralised loans for retail participants
Read 5 tweets
Jul 19
Gm from 🇫🇷! It’s time for our Daily Digest 🗞

@fraxfinance’s new product Fraxlend is coming

@cred_protocol has classified @AaveAave V2 #Ethereum users based on the likelihood of them getting liquidated — making it one of the first on-chain credit scores
@LidoFinance will be launching $stETH on L2s starting with @arbitrum and @optimismFND

@WalletConnect team announced the release candidate for WalletConnect v2.0 Sign

⬩EIP-4361 - Sign-In with #Ethereum has now moved from "draft" to "review" as an EIP
⬩The High Court of England and Wales says anonymous people can now get sued via an #NFT drop

@binance has become the exchange with the most $BTC, surpassing @coinbase

⬩Crypto lender @GenesisTrading lent $2.36 billion to Three Arrows Capital
Read 6 tweets
Jul 19
3 ways to stake your #ETH

1️⃣ Set up a validator node

2️⃣ Stake through centralized exchanges

3️⃣ Stake through decentralized protocols

Pros and cons ⬇️
1️⃣ Set up a validator node

✅ Maximum reward rate
✅ Improves decentralization
✅ Trust-less

⚠️Techincal maintenance
⚠️Requires 32 #ETH
2️⃣ Stake through a centralized exchange

✅ Convenient
✅ Stake any amount

⚠️Not your keys = not your crypto
⚠️Lowest rewards
Read 5 tweets
Jul 7
Have you checked out @YetiFinance, which is featured on our Explore Screen this week?

Yeti is a cross-chain lending protocol on @avalancheavax that allows users to borrow with leverage against LP tokens, staked assets, and yield-bearing stables with 0% interest

Let’s dive in 🧵 Image
The great thing about @YetiFinance is that farming and staking rewards get auto-compounded when interest-bearing tokens are deposited, opening multiple leveraged farming strategies 👩‍🌾
At the core of Yeti are two tokens:

⬩ $YETI protocol token — it can be staked to accrue veYETI, which will be used to reduce fees and boost yields

⬩ $YUSD over-collateralized stablecoin — which can be swapped for other assets and re-deposited into Yeti to build up leverage
Read 8 tweets
Jul 5
Frens, we introduce the #1 Daily Digest 🗞

You can now expect a daily roundup of news that caught our attention

@biconomy's Hyphen bridge now supports @Arbitrum transfers

@SyndicateDAO is now on @0xPolygon, making it cheaper and faster to deploy investment clubs
@ZigZagExchange introduced Invisib3L — an app-specific ZK rollup allowing users to execute swaps without revealing their funds and identities 🤝

@TornadoCash governance rejects a plan to diversify treasury holdings

@tokenlon launches limit orders on @Arbitrum👏
⬩UK government seeks open consultation on the taxation of #DeFi involving the lending and staking of crypto assets

@ribbonfinance is temporarily pausing their $AVAX put selling vault until they have at least $1M notional
Read 5 tweets
Jun 14
It’s been a tough week, but builders are here to stay!

The team has a jam packed Explore Screen update for you — @cryptotesters are back with a new collection of cool projects, we look at #NFTs with extra benefits for holders, and more 🧵

Full blog: bit.ly/3OiiFnp Image
In our first feature “More Than a JPEG” 🎤 our team looked at some interesting #NFT collections, which offer their holders more than just a cool #PFP

@TheIdolsNFT — besides looking cool, they also earn you interest from $stETH rewards in perpetuity 🔥
⬩With @RagnarokMeta, your PFP becomes an in-game character used to explore their #metaverse

@AzukiOfficial holders get access to their community, exclusive airdrops, streetwear collabs, live events, and more

Head to the Steakwallet app to check out the whole collection 🏃‍♀️
Read 9 tweets

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