Vaibhav Basantani

The previous two guides focused on what DAOs are, how do they operate, and their different types. If you’re wondering how you can join a DAO and start contributing there, then you’ve come to the right place. Before diving into which DAOs to join or how to explore based on your interest areas, you need to understand that DAOs are permissionless. It’s extremely easy to join most of them by just entering into their discord, hold a token if they demand you to else you can just start contributing....

2022 is the year of the DAOs. Just as we have various sectors in the traditional corporations, DAOs have various types and the number is increasing at a great pace. The whole ecosystem is expanding and more & more people are realizing the value of their contribution, the ease, and the flexibility with which they can work and grow their network. https://twitter.com/banklessDAO/status/1443975776978837533?s=20 Where some DAOs require you to own some tokens (proof of stake) in order to be a verif...

A DAO, in simple terms, is a community that’s owned and managed by its members. D - Decentralized (free from a centralized authority, one which is online & global) A - Autonomous (independent of governments or private sector entities) O - Organisation (coordination & collaboration around shared objectives)Source: Pet3rpanMore than just being a community, itis a commitment to share value to be able to achieve an objective that it intends to.gives an equal opportunity to their members to voice ...

Recently I read about the Tezos blockchain and how different it is from the other chains. What is it, how does it work and what's happening with Tezos? A thread 🧵The most dominant and widely adopted blockchain is Ethereum at the moment. Solana is proving to be a great alternative day by day due to its speedy and extremely low-cost transactions. But there's a dark horse that needs to be highlighted and talked about and it's Tezos. Before proceeding, whatever problem a team is s...

If you can make a few kids happy these holidays, you might win an NFT 🎄🌟 The elves at @elf_DAO are making this happen. Here's some info about the cause and how you can contribute 👇 For kids around the globe, the holidays mark some of the most special days of the year. However, there are many kids that don't get to celebrate the holidays as we do 🙁 elfDAO has launched a 12-day fundraising campaign for the first-ever Web3 toy drive 🤩 They want to raise $1,000,000 USD. At $25 USD ...

gm OHMies @OlympusDAO has recently announced their Version 2 and it's a massive leap from their previous version. Why is it a big deal? Why to even migrate from V1 to V2? What all do you need to know? A thread🧵Why migrate? Let's break it down: 2 new features are introduced under V2. They are:On-chain GovernanceAuto-Staking of BondsUnder On-chain gov, the stakers will take full control of protocol contracts which will occur in phased roll-out. How will the process take place:On-chai...

The Web3 space gets more and more interesting as you understand the landscape and dig deeper. New projects are coming up which are consistently solving problems and they’re trying their best to ease up the process and benefit their users with their products so that everyone can travel along this journey. As we talk about the various use cases, one concept that strikes is DeFi and its applications. I recently came across an interesting borrowing protocol that is built on Solana called the Hubb...

Arbitrage basically means buying from a market where the price of a particular asset is low and then selling it in a market where the price of the same asset is high. This usually happens in minutes and unlike day trading or swing trading, one doesn’t wait for particular price action. It happens due to the concept of liquidity variance. There’s some variance in the prices of the assets on different exchanges and using that to one’s advantage is what arbitrage is. But how does it happen? A bun...

The following is a thread on the upcoming mega transition of ethereum to a more secure, & scalable solution which is Ethereum 2.0 1/n It's a massive upgrade to Ethereum that we have now so that it becomes more SCALABLE, SECURE & ENERGY EFFICIENT. Explaining these further : SCALABLE: Current Ethereum blockchain can handle 15-45 transactions/second & hence, one has to pay a massive 'gas fee'. 2/n Now, what's a gas fee? A fee that you have to pay to make a transaction on Eth ...