YupIntroducing Cross-Posting 🌿🟣🐦
Yup puts the best of web3 in one feed. So you can find what matters, no matter where it's posted, everywhere you go. But that was just the beginning. Introducing: Cross-posting. 🌿🟣🐦 Post to Farcaster, Lens, and Twitter with one click. Now live in Yup Mobile.At Yup, our work is guided by a few big ideas: Blockchains are social graphs. Blockchains power interactions, and display those interactions for all to see. Therefore, blockchains are social graphs -- the richest in history. All we...
YupNew Beginnings: Yup on Base, Creator-Focused
Yup is starting a new phase in its existence, doubling down on creator features and rewards. We’re working hard to make Yup the best place to post from in web3 social, and we’re excited to do it on the most consumer-aligned chain in web3.Launching YUP on BaseYUP on Base | Rewards | Bridge | LPs The Yup community is set for a significant advancement—our launch on Base, a cutting-edge Ethereum Layer 2 scaling solution. This move aligns with our ongoing commitment to leverage the best technology...
YupNFTs & the Meme Economy
The dankest memes of the future will be NFTs Memes are the internet's native art form. They transcend platforms, geographic locations, and language. NFTs are slowly becoming the economic infrastructure behind the internet's content and creators. Recent demand for meme NFTs has proven memes are more valuable when minted as NFTs. Here we explore minting memes as NFTs, arguing that soon most memes will be minted as NFTs due to advantages in monetization, provenance, attribution, and pl...
Updates and thought pieces from the Yup team and community
YupIntroducing Cross-Posting 🌿🟣🐦
Yup puts the best of web3 in one feed. So you can find what matters, no matter where it's posted, everywhere you go. But that was just the beginning. Introducing: Cross-posting. 🌿🟣🐦 Post to Farcaster, Lens, and Twitter with one click. Now live in Yup Mobile.At Yup, our work is guided by a few big ideas: Blockchains are social graphs. Blockchains power interactions, and display those interactions for all to see. Therefore, blockchains are social graphs -- the richest in history. All we...
YupNew Beginnings: Yup on Base, Creator-Focused
Yup is starting a new phase in its existence, doubling down on creator features and rewards. We’re working hard to make Yup the best place to post from in web3 social, and we’re excited to do it on the most consumer-aligned chain in web3.Launching YUP on BaseYUP on Base | Rewards | Bridge | LPs The Yup community is set for a significant advancement—our launch on Base, a cutting-edge Ethereum Layer 2 scaling solution. This move aligns with our ongoing commitment to leverage the best technology...
YupNFTs & the Meme Economy
The dankest memes of the future will be NFTs Memes are the internet's native art form. They transcend platforms, geographic locations, and language. NFTs are slowly becoming the economic infrastructure behind the internet's content and creators. Recent demand for meme NFTs has proven memes are more valuable when minted as NFTs. Here we explore minting memes as NFTs, arguing that soon most memes will be minted as NFTs due to advantages in monetization, provenance, attribution, and pl...
Updates and thought pieces from the Yup team and community
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On Thursday, Feb 24, we write the next chapter of the Yup story. We will begin migrating parts of the Yup protocol to the Polygon POS blockchain, starting with the YUP token and reward distribution.
This migration is part of our strategy centered around the composability and network effects of EVM-based blockchains like Polygon. It is in line with our mission to provide an opportunity for all users to engage with Yup and earn. Migrating the protocol is a commitment to speed, scalability, and security for Yup's future. This is to build a universal reputation layer across all EVM-based networks.
The open-source data, tools, and communities that have formed around the Ethereum Virtual Machine (EVM) are nothing short of revolutionary. The EVM is a blockchain-based software platform initially built for the Ethereum blockchain that allows developers to create decentralized applications. It is the global virtual computer that records the state of every participant on the network stores and agrees on. Since its launch, over 20 legitimate EVM-based blockchains and side-chains have emerged, such as Polygon, Avalanche, xDAI, Celo, Quorum, Solana's Neon, and many many more. This has massive implications for protocols. In addition, it gives EVM blockchains and layer 2 solutions significant advantages in achieving feature parity.
Polygon uses its own Proof-of-Stake (PoS) blockchain and Commit Chain connectivity to help scale the Ethereum network and seeks to solve inefficiencies that may hinder the widespread adoption of blockchain technology. Some notable products to launch/integrate with Polygon in the web3 ecosystem include Uniswap, OpenSea, Royal, Draft Kings, and 100 Thieves. While Yup isn’t limited to Polygon and its ecosystem, we plan on leveraging their superb business development strategy to increase Yup’s distribution to all of web3.
Yup will leverage cross-EVM chain composability, making it easier to use tools and infrastructure like ENS domains, Snapshot governance, and token-gating. Voting will be more decentralized and content on Yup will be more standardized for web3. Migrating to Polygon will make for faster and cheaper withdrawals and deposits. Since most of the liquidity up until this point existed on Ethereum, users couldn't withdraw earned YUP of amounts below $50-250 (depending on the day). Yupsters will be happy to hear that withdrawing and depositing YUP will be low-cost and close to negligible on Polygon. Yup Liquidity and LP rewards will expand to liquidity provided on Ethereum and Polygon blockchains, utilizing the existing YUP/ETH Uniswap V2 LP pool (on Ethereum) and adding the YUP/ETH Quickswap LP pool (on Polygon).
Each Yup identity will have an Ethereum address linked to it, and every Ethereum address will have a Yup score out of 100.
The token supply, emission schedule, or Ethereum contract address of the YUP token will not change whatsoever.
On Thursday, Feb 24, we write the next chapter of the Yup story. We will begin migrating parts of the Yup protocol to the Polygon POS blockchain, starting with the YUP token and reward distribution.
This migration is part of our strategy centered around the composability and network effects of EVM-based blockchains like Polygon. It is in line with our mission to provide an opportunity for all users to engage with Yup and earn. Migrating the protocol is a commitment to speed, scalability, and security for Yup's future. This is to build a universal reputation layer across all EVM-based networks.
The open-source data, tools, and communities that have formed around the Ethereum Virtual Machine (EVM) are nothing short of revolutionary. The EVM is a blockchain-based software platform initially built for the Ethereum blockchain that allows developers to create decentralized applications. It is the global virtual computer that records the state of every participant on the network stores and agrees on. Since its launch, over 20 legitimate EVM-based blockchains and side-chains have emerged, such as Polygon, Avalanche, xDAI, Celo, Quorum, Solana's Neon, and many many more. This has massive implications for protocols. In addition, it gives EVM blockchains and layer 2 solutions significant advantages in achieving feature parity.
Polygon uses its own Proof-of-Stake (PoS) blockchain and Commit Chain connectivity to help scale the Ethereum network and seeks to solve inefficiencies that may hinder the widespread adoption of blockchain technology. Some notable products to launch/integrate with Polygon in the web3 ecosystem include Uniswap, OpenSea, Royal, Draft Kings, and 100 Thieves. While Yup isn’t limited to Polygon and its ecosystem, we plan on leveraging their superb business development strategy to increase Yup’s distribution to all of web3.
Yup will leverage cross-EVM chain composability, making it easier to use tools and infrastructure like ENS domains, Snapshot governance, and token-gating. Voting will be more decentralized and content on Yup will be more standardized for web3. Migrating to Polygon will make for faster and cheaper withdrawals and deposits. Since most of the liquidity up until this point existed on Ethereum, users couldn't withdraw earned YUP of amounts below $50-250 (depending on the day). Yupsters will be happy to hear that withdrawing and depositing YUP will be low-cost and close to negligible on Polygon. Yup Liquidity and LP rewards will expand to liquidity provided on Ethereum and Polygon blockchains, utilizing the existing YUP/ETH Uniswap V2 LP pool (on Ethereum) and adding the YUP/ETH Quickswap LP pool (on Polygon).
Each Yup identity will have an Ethereum address linked to it, and every Ethereum address will have a Yup score out of 100.
The token supply, emission schedule, or Ethereum contract address of the YUP token will not change whatsoever.
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