Stani^ Profile picture
Sep 24, 2022 β€’ 19 tweets β€’ 5 min read β€’ Read on X
Yesterday @LensProtocol announced the CultivatorDAO (πŸ‘©β€πŸŒΎ,πŸ‘¨β€πŸŒΎ) to establish community driven content curation for Trust & Safety. Going to share our vision below on how we see the web3 social stack evolve 🧡
First, @LensProtocol is a decentralized social media protocol that acts as a registry to point content and followers. Users can link to any content which can be stored on-chain & off-chain. Most of the content is off-chain (stored in IPFS or Arweave etc).
The Protocol is flexible enough to link the content even to a private cloud or to a self-hosted environment. This is an interesting use case for follower and token gated content. It's up to the applications and users to choose how they use Lens Protocol.
Lens Protocol design guarantees users the access to their own social network. You don't need to trust centralized or off-chain platforms with your followers. Meaning every user has their own social network.
Not only you own your own network, but you also have the ability to broadcast content in a permissionless and censorship resistant way. Anyone you grant the access to your content has the ability to explore your creativity and self expression. This is decentralization by design.
While decentralization is groundbreaking for web3 social, the amount of information and finding relevant peers and content for you to discover would be a time consuming mission. This reason is why we would see another stack evolve - the middleware - where curation lives.
The middleware layer already exists on Lens Protocol, there are tools such as @graphprotocol @rss3_ @sepana_io and the Lens API. The middleware layer consists from widely decentralized appoaches to being progressively decentralized depending on the use cases they serve.
The latest addition to the middleware are communities such as the CultivatorDAO, focusing on curation with Trust & Safety in mind. Where code cannot solve everything, we need communties to reflect their values and govern.
The DAOs of the Lensverse will serve the application layer for various tasks ranging from building discovery algorithms, content moderation and solving various challenges that social media faces today.
The key difference between the web2 and web3 social stack is that in web3, the stack is completely open. When you don't like a policy or an experience, as a user you should be able to find a new experience without leaving behind your accumulated social capital.
Hopefully we will see small communities evolve across the web3 social ecosystem, being utilized for tasks that would benefit from community governance.
I would even imagine that every social media application built on top of Lens Protocol would have its own DAO consisting of its community members voted by the community that reflects the their own values.
Most importantly, these DAOs can operate transparently and since the measures taken by these DAOs are public, there should not be any shadow banning (credit: lenster.xyz/posts/0x05-0x0…). Image
By ensuring human assessment and the design that leads to decentralization, we are able to ensure that web3 social doesn't become a closed platform and users are able to access to open social networks that are driven by community engagement & stewardship.
Building a decentralized stack is a harder exercise than starting from a centralized approach, but brings the benefit of fully verified content linking on-chain wherever you store your content, ownership to your social graph, ability to use timestamps and create programmability.
And most importantly: decentralized and on-chain content and follower registries opens up the programmability and composability to another level. Imagine pairing Lens with tools like @Sismo_eth, @LitProtocol, DeFi, NFTs, ReFi and DAO governance.
Besides reachitecturing the social stack, part of the mission for the Lens team is to make the social stack more accessible. Now with all interactions across the Lens Protocol, users do not need to sign or pay any gas. Blockchain on the backend, party on the frontend πŸ₯³
Next Monday, you will be able to vote for CultivatorDAO with your Lens Profile to signal your support for community driven stewardship snapshot.org/#/cultivatorda…
If you love our vision and what we are building, DM me with your Ethereum address and will get you setup to try Lens Protocol beta and retain your early user flexing rights🌿

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More from @StaniKulechov

Jan 20, 2023
On average user on @LensProtocol earns & more 🧡 Image
Total earned during the past 6 monts in mainnet (beta) Image
Users that paid other Lens users πŸ’š Image
Read 11 tweets
Dec 3, 2022
Now that the @AaveAave Community is preparing for Aave Protocol V3 deployment for Ethereum market πŸ‘» its good time to review why V3 as a flexible architecture is much appreciated πŸ‘‡πŸΌ
The @AaveAave V3 was deployed earlier this year across various networks including Polygon, Avalanche and L2s such as Arbitrum and Optimism as a cross-chain strategy.
For context, Aave V1 was launched on main-net back in January 8, 2020 right before the DeFi summer and accelerated to $1 Billion TVL within 6 months. Bringing also flashloans adoption into DeFi. ⚑️
Read 26 tweets
Sep 29, 2022
Most exciting thing to see on @LensProtocol dev community is how all these various apps are building together 🌿🀝🌿
Apps like @lensterxyz @phaverapp @orbwagmi and @0xOnboard are all in the same Telegram group sharing their progress, ideas and takes on web3 social. If you are building a bigger app on Lens - feel free to DM to join the group πŸš€
Lens community was present at numerous hackathons from LFGrow to ETHOnline seeing til today hundreds of hackers coming together to hack around Lens, see some of the submissions here ethglobal.com/showcase πŸš€
Read 7 tweets
Jul 7, 2022
BREAKING: The @AaveAave team submitted ARC to launch a self-sovereign overcollateralized stablecoin GHO backed by the Aave Protocol collaterals πŸ‘» πŸ‘‡πŸΌ
Aave Protocol users can supply various collateral assets to earn yield while minting GHO. The interest rate strategies would be governed by the Aave DAO, hence offering a sense of predictability on interest rates.
Discount Strategy is applied meaning that Aave Safety Module stakers can get reduced interest rate - hence benefitting from minting GHO at discounted rate and take advantage of various arbitrage opportunities by distributing GHO across various use-cases across DeFi.
Read 12 tweets
May 2, 2022
I decided to leave my position as the interim CEO of @Twitter to focus on @LensProtocol & @AaveAave. Thread on what happened during the past week 🧡
In light of freedom of speech, last week, I decided to join Twitter as interim CEO. During my first week I was able to setup a 90 day roadmap, including shipping the sneak peek of the new edit button. πŸ™Œ
While I was truly excited about my new role, Twitter banned me. I wasn't able to communicate with my only public facing audience, neither anyone was able to follow me anymore. Couldn't access my DMs either (all those DMs with @jack were gone).
Read 10 tweets

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