(1/n) @terra_money's Columbus 5 Upgrade is happening today. Here's a 🧵 on what these upgrades are.

I'll explore 3 things:

- Upgrade details
- Emerging dApps
- Overall impact on UST and its wider adoption

Let's dive in. (2/n) In a nutshell, the upgrade aims to facilitate scalability and interoperability with @Cosmos. The major impact will be to increase the widespread adoption of $UST and the development of an efficient and interoperable ecosystem.

(1/n) Incentive programs have become the go-to growth hacks for Layer 1s.

Last night, @harmonyprotocol introduced their incentive program worth $380M to throttle adoption.

In this thread, I dissect the program and unravel the growing $ONE DeFi ecosystem.
open.harmony.one/300m-on-bounti… (2/n) First, let's take a closer look at #Harmony.

The core vision for the chain is to allow devs to build products on Harmony and scale them across chains. It enables horizontal scaling via uniform sharding and achieves 2-sec finality with tx costs as low as 0.0001$.

(1/n) Last week @VitalikButerin did a social experiment and initiated a Twitter AMA for the folks he follows. While the thread in itself is gold, it nudged me to learn more about him.

In this 🧵, I'll explore his psychology beyond #Ethereum. (2/n) Born in Moscow, Vitalik's parents moved to Canada to find better opportunities when he was six years old. The migration exposed him to the emerging Internet culture, which significantly contributed to his development. Here's young Vitalik's story:

(1/n) @Visa recently bought a Cryptopunk for $150K. Let that sink in for a while!
Is this obsessive craze around NFTs unwarranted? Or are there valid reasons for it?

I'll attempt to explore the "why" in this 🧵

But before that, I've got a story to tell 👇 (2/n) Last week, I was chatting with a childhood friend. He asked me if I still had some Pokemon Tazos left.

I remember collecting them as a child. In fact, I was exchanging services from my friends for them.

I even ran the OTC, appraiser (school) desk for them - fun times!

(1/n) DAOs will be the future - for everything.
They will revolutionize the way organizations function and how people work. Too bold a claim?

Read this 🧵 as I explore the emergence of DAOs as a replacement to how human society is organized 👇 (2/n) Humans are driven by self-interest. It's true for even altruistic socialist governments where those in power work to preserve their self-interest.

This creates division and breeds inequality. How do we stop that?

(1/n) MEV - a strategic way of making money or an accidental one?
What about the fairness of transactions for users?
Are users even aware of what it is in the first place?

All of this, and more in this thread 🧵 👇 (2/n) MEV stands for miner extractable value. It is the value that miners can derive out of transaction validation, specifically by optimizing the order of transactions. They can place profitable transactions first or duplicate users' transactions to make money.

(1/n) The @Polkadot @kusamanetwork ecosystem is one of the most complex ones with #Parachain auctions, crowdloans, relay chains, and so much more.
If you have heard about these terms and want to do a deep dive, here's a 🧵
👇 (2/n) @Polkadot is a blockchain of blockchains, a Layer 0 that can communicate with other blockchains and their applications through parachain slots. The relay chain is the skeleton core that supports governance, NPoS staking, and auctions.