Recently, Celestia has gained considerable publicity on the web, which we can observe from the very valuation of the $TIA token (currently over $10) by the market and the media hype that this project has made.

Below in the article we will try to understand the most important aspects of this project and what the entire success of Celestia was built on. Feel free to read it. 📜

1. What is Celestia 💮

• Team

• Funding

• Ecosystem

2. Understanding Celestia

• Important terms

• How Celestia works

• Unique aspects of Celestia

3. Native $TIA token

• Tokenomics & Available Supply

• Token inflation

4. Summary 📜

• Conclusion

• X & Mirror

1. What is Celestia 💮

Celestia is a revolutionary L1 layer modular blockchain platform designed to bring a new level of performance, scalability and flexibility to the blockchain ecosystem.

Team

The journey began in 2019, Celestia was built using the Cosmos SDK and uses consensus Tendermint.

Team with years of experience in building and developing blockchain comes from projects such as Ethereum, Cosmos and Harmony.

The project's advisors also include prominent names such as. Ethan Buchman - co-founder of the Cosmos ecosystem, or deep expertise from the aforementioned Ethereum ecosystem

Funding

Celestia has received investments from major financial institutions in the market in the following rounds:

• Strategic Round 2021 ($1.5 million): Binance Labs, Interchain Foundation

• Seria A i seria B 2022 ($55 milion): Bain Capital Crypto, Polychain Capital, Placeholder, Galaxy, Delphi Digital, Blockchain Capital, Spartan Group, Jump Crypto

Ecosystem

2. Understanding Celestia

Important terms

Before we can understand Celestia, we need to know a few terms. First, each blockchain has 4 main functions, including: Consensus, Execution, Data Availability and Settlement.

• Consensus - A method by which everyone on the network agrees on which transactions should take place and determines the order of transactions. For example, the Bitcoin blockchain with its Proof-of-work consensus mechanism - using computing power to validate transactions, or Ethereum's Proof-of-Stake consensus mechanism.

• Execution - Decides which transactions are valid and updates the network.

• Data Availability - Refers to the ability to make transaction data available for downloading nodes so that anyone can identify them in the blockchain.

• Settlement - Settlement of disputes and bridges

In addition, it is worth mentioning here what Modular blockchains and Rollups really are.

• Modular blockchains or, modular blockchains are a new paradigm in blockchain design. Instead of one blockchain doing everything, modular blockchains specialize and optimize to perform a particular function. This specialization provides a breakthrough in scalability, flexibility and interoperability, enabling developers to create blockchain applications for mass adoption.

• Rollups are a relatively new type of blockchain. What sets them apart is that they offload some of their work to an L1 layer such as Celestia. The simple version is that rollups publish their transaction data to Celestia, which is organized and made available to rollup users for download. As a bonus, rollups receive a portion of Celestia's security features.

How Celestia works

Unlike traditional monolithic blockchains, which attempt to address every aspect of a decentralized network, Celestia adopts modularity as a core design principle.

In the modular model, the blockchain separates consensus and transaction execution. This means that one blockchain is responsible for execution and the other for consensus.

The execution layer will be implemented by the blockchain built on Celestia. From this point on, these blockchains are free to specialize without having to rigidly adhere to a common set of rules.

This means that instead of trying to do everything, Celestia will specialize in specific functions, optimizing performance and paving the way for mass adoption of blockchain technology.

Unique aspects of Celestia

Something that sets Celestia apart from other projects is that it does not verify the correctness of transactions. Celestia has a consensus PoS, but it uses it to rank transactions in the right order, not to check and reach consensus on their correctness.

Celestia's approach to blockchain development is the opposite of traditional maximalist thinking. Instead of competing in isolated ecosystems, Celestia encourages collaboration with connected chains.

A new mechanism, is Data Availability (DA) which optimizes the data validation process, is one of the main advantages of Celestia. If there is a need to retrieve all the data in one block will mean that if there is a large amount of information, more powerful resources will also be needed.

Celestia assumes that it is up to the projects that send their data to the layer (DA) to verify which transactions are correct and which should be ignored, and it is on them to do this.

So you could say that this project doesn't care about the correctness of the transactions, but only whether the block producers have sent all the data behind them.

3. Native $TIA token

Celestia's native token is $TIA, with an initial total supply of 1,000,000,000 tokens. Celestia uses a gradual issuance strategy to increase the supply of $TIA through inflation.

The initial inflation rate is 8% per year, but it is not fixed. It decreases by 10% each year until it eventually stabilizes at an annual inflation rate of 1.5%.

This project aims to achieve a balance in the dynamics of token supply and demand, while encouraging long-term ownership and use of $TIA.

Tokenomics & Available Supply

Based on current token distribution policies, we can estimate that the initial supply of $TIA in circulation is 141 million tokens.

Of these, 74 million tokens were allocated for airdrops, and 67 million tokens came from treasury unlocks. These two components together make up the initial supply of $TIA in circulation.

Token inflation

It is worth noting that all $TIA tokens will be gradually unlocked over a period of 4 years. This means that during the initial stages of the token launch, the supply of $TIA on the market will be relatively limited.

However, over time, especially a year after the tokens held by investors and the team are unlocked, the supply of $TIA in the market will increase significantly, potentially putting downward pressure on the price of $TIA.

We have already completed the official launch of the mainet of the Celestia network, which took place on October 31, $TIA tokens were distributed as part of the " genesis drop ", for which more than 7,579 developers and 576,653 onchain addresses qualified. 60 million $TIA (6% of the total supply) was allocated.

https://twitter.com/CelestiaOrg/status/1719361585989492800?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1719361585989492800%7Ctwgr%5E61fb182a1f2a9514c58a94dff02d5300cebbb4ad%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fmirror.xyz%2F0xF86540B9413BAC3C80DA9310d4Eecd6c22e6e462%2F1gFsNGKzPlcUD6kMJi72EAtTipqpE_RSeqAQiVTo5B0

The top 50% of active users of the top 10 rollups according to TVL, and active stakers $Atom and $Osmo of the Cosmos ecosystem have already received their $TIA airdrop.

We currently have three major projects confirmed an airdrop to $TIA token stakers. Additionally, there is speculation that as more projects launch on Celestia (with several in the pipeline), active $TIA stakers may be rewarded with tokens from these new projects.

https://x.com/dymension/status/1742185621299265738?s=20

https://x.com/Sagaxyz__/status/1742950879911895285?s=20

https://x.com/MantaNetwork/status/1743286228513124468?s=20

4. Summary 📜

Unlike other networks, Celestia is brand new and has no technical debt. A specialized team with experience, plenty of secured assets and no baggage from previous cycles.

There really is no comparison for Celestia, it is the first of its kind. For now, it reigns supreme in the early stages of the modular chain era. Given that Celestia is so unique and unprecedented, it is ideal for speculation.

Conclusion

Every cycle, a new generation of blockchains emerges. In each cycle, one new chain stands out and wins massively.

So far, Celestia appears to be the most promising candidate to win the fourth generation of blockchains. Previous winners were Bitcoin, Ethereum and Solana.

• The first generation of blockchains dates to 2011-2013, characterized by proof-of-work based chains. Bitcoin, Litecoin and Namecoin are just a few examples from this era, with Bitcoin coming to the forefront.

• The second generation, covering 2014-2017, was a period of early smart contracts. Ethereum, the EOS network and many others fought for dominance, with Ethereum emerging as the winner.

• The third generation, dated 2018-2022, is the era of fast and scalable blockchains based on proof-of-stake. Solana, Avalanche, Terra are just a few of the many networks, and Solana has gained the upper hand.

• The fourth generation, spanning 2023-2026, heralds the era of modular chains. Celestia, Eigen Layer and other projects are competing for dominance. At present, it seems that Celestia is likely to win this generation.

Celestia's potential successes in the fourth generation could bring huge increases, given the history of previous leaders in their initial cycles. 📜

• X & Mirror

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Their provide investors with the opportunity to capitalize on cryptocurrency volatility, offering organic, high, and sustainable yields.

In this article we will focus on what it is and why you should be interested, feel free to read. 📜

1. What is Dirac Finance 💮

• Ecosystem & Partnership

• Tokenomics

• Unique of Dirac Finance

• Problem Solving

2. Private Beta Test Alert

3. Source 📜

1. What is Dirac Finance 💮

Dirac Finance, a DeFi DOV protocol, is dedicated to delivering high and sustainable organic yields to investors. Our mission is to seamlessly integrate proven TradFi strategies into the crypto space.

Key to Dirac Finance's innovation is the implementation of risk mitigation techniques, advanced decision-making algorithms, and pool hedging solutions. These measures are designed to protect investor principal while enhancing yields across all vaults.

Committed to providing a secure avenue for high-yield generation, Dirac Finance aims to be the preferred platform for investors seeking capital preservation and substantial returns.

Dirac Finance's vaults include uncomplicated option strategies, structured products and coupon bonds with capital protection.

Ensuring the safety of investors is our top priority, which we achieve through various forms of capital protection, intelligent decision-making algorithms, risk mitigation practices and advanced hedging techniques.

Their steadfast commitment to capital protection and high sustainable returns positions Dirac Finance as the best choice for cryptocurrency investors.

Ecosystem & Partnership

https://x.com/DiracFinance/status/1729953617895911483?s=20

• Tokenomics

Unique of Dirac Finance

At Dirac Finance, they prioritize security above all else, firmly believing that the most profitable strategy should not compromise security. Their guiding principle is the paramount importance of security and they make every effort to honor this commitment.

They believe that DeFi investors deserve the highest level of security. Their philosophy is that the best strategy starts with a foundation of security, providing solid capital protection and generating returns for investors.

To make this vision a reality, Dirac Finance devotes significant resources to developing and testing our protocols. Their meticulous approach ensures that every line of code passes a rigorous audit, meeting the highest standards set by the DeFi community.

This unwavering commitment to security is at the core of their mission to instill investor confidence in the Dirac Finance ecosystem.

Decentralized Option Vaults (DOVs) have emerged in the market, promising increased yield opportunities for investors. The simplicity of DOVs lies in their role as infrastructure providers with varying levels of abstraction for users.

Despite this, many of these solutions employ high-risk vault strategies, like selling naked options, leading to unfulfilled high Annual Percentage Yields (APYs) and putting investor principal at risk. Consequently, the market has seen limited growth, marked by low Total Value Locked (TVL).

• High Sustainable Yield

  Dirac Finance provides investors with the opportunity to achieve high and sustainable yields by capitalizing on the volatility of the crypto market, making significant returns accessible to all.

• Multiple Vaults

With a diverse range of treasuries, they cater to different market trends and risk appetites, allowing investors the flexibility to subscribe to multiple treasuries according to their preferences.

• Advanced Risk Mitigation

Going beyond basic security measures, Dirac Finance employs sophisticated risk mitigation techniques such as delta balancing, option hedges, and more to safeguard investor principal.

• Smart Algorithms

Their intelligent algorithms, the Dirac Decision Making Algorithm (DDMA) and Dirac Global Hedging Algorithm (DGHA), ensure optimal position initiation and comprehensive risk management.

Problem Solving

Dirac Finance is a pioneering DOV company whose mission is to seamlessly integrate established profit generation solutions into the DeFi landscape. Their strategy revolves around leveraging the inherent high volatility of the cryptocurrency market to make impressive returns accessible to all.

Aiming to offer meticulously crafted high yield vaults, they cover the spectrum from simple option strategies to structured products and coupon bonds with capital protection. To reduce risk, increase returns and protect capital.

Dirac Finance uses intelligent decision-making algorithms and precisely targeted hedging techniques.

The design focus in user-friendliness ensures that complexity remains elegantly hidden behind a streamlined trading interface. Investors can effortlessly deposit their assets in selected vaults, and these assets are strategically placed in sophisticated option strategies.

Their goal is to provide investors with a secure path to lucrative returns in the ever-evolving cryptocurrency landscape.

2. Private Beta Test Alert

https://x.com/DiracFinance/status/1730672768625037407?s=20

For more information, please visit their social media and their Discord.

https://twitter.com/DiracFinance

https://discord.com/invite/xQVwD9Xad9

3. Source 📜

https://dirac-finance.gitbook.io/dirac-finance/security-matters/~/comments

https://www.dirac.finance/

Project has one DEX ZkMoney on which we will operate, feel free to read article 📜 🔰

• 1. What is Aztec Network

• 2. Key Features and Funding

• 3. Tasks on ZkMoney Mainnet & Testnet

• 4. Conclusion

1. What is Aztec Network

Aztec Network is the first private ZK-rollup on Ethereum, enabling decentralized applications to access privacy and scaling. The Aztec Rollup is secured by its industry-standard Plonk command mechanism, used by leading Layer0 scaling projects.

Aztec believes that decentralization is based on individual rights. Without widely available privacy, we compromise our ability to choose how we conduct our lives and earn a living.

2. Key Features and Funding

• Programmable privacy layer for web3

• Strongly focuses on privacy.

• Uses Zkrollup, which reduces transaction costs.

• Allows users to access world-class defi with maximum cost savings on the ETH network

Aztec Network through Paradigm, has raised $17 million in Series A funding to bring programmable privacy to Web3, backed by a_capital, Ethereal Ventures, Libertus Capital, Variant Fund, Nascent, IMToken, Scalar Capital, Defi Alliance, IOSG Ventures, ZK Validator, Anthony Sassano, Stani Kulechov, Bankless, Defi Dad, Mariano Conti, Vitalik Buterin.

https://twitter.com/aztecnetwork/status/1603436677040459776?s=20&t=q16NF-_FLj9H5JKiLvX3Iw

3. Tasks on ZkMoney Mainnet & Testnet

We are now moving on to the tasks available on one of the AztecNetwork project, it is the DEX Zk.Money. We will focus mainly on performing tasks on the Mainnet as it is already available, but it is worth leaving your mark also on the Testnet if you have not already done so. 🔊

MAINNET ⬇️⬇️

• Register an account on Zk.Money & deposit fund from ETH

• Use DEX features like earn and trade ( trade is not available now but use when it will be in the future)

• Withdraw & Send assets

• Leave feedback on Aztec discord 🔊 #community-support channel

• Sismo Badge

TESTNET ⬇️⬇️

• Add Aztec Testnet chain

• Faucet testnet tokens

• Register an account on Zk.Money & deposit funds from ETH

• Use DEX features like earn and trade ( trade is not available now but use when it will be in the future) 🔊

• Withdraw & Send assets

• Leave feedback on Aztec discord 🔊 #community-support channel

Mainnet ⬇️⬇️

• Enter Zk.Money DEX

• Click on ‘‘Shield‘‘ ⬇️⬇️

Register an account on Zk.Money

• Click ‘‘Retrieve Aztech address’’ => Sign transaction

• Click ‘‘Spending Key’’ => Sign transaction

• Retrieve the spending key copy it and keep it safe 🔊

• Move to ‘‘Next Step‘‘ ⬇️⬇️

Deposit fund from ETH

• Choose your own username

• Choose default speed for low fees 🔊

• Deposit minimum of 0.01+ ETH not less

• Click ‘‘ Register’’ and confirm transaction ⬇️⬇️

Now check transaction history

• ✔️ Single tick means the transaction is not settled only confirmed on blockchain

• ✔️ ✔️ Double tick means transaction settled. ⬇️⬇️

Use dex features

• Move to ‘‘Earn’’

• Choose any option ( Lido Example )

• Click on earn and enter the amount & select min speed for low fees 🔊

• Click next and confirm the transfer the transaction will settle within 8 to 10 hours.

• Submit GOOD feedback on Aztec discord on #community-support channel, ( not just a cool/good project, no problems etc. )

  https://discord.com/invite/aztec

  For projects, feedback is taken into account and often further rewarded 🔊

Wait for updates, and follow their discord on #announcements channel to see when the trading section will be ready for use. 🔊

Be regular on their discord many AMAs and another role-getting opportunity will be available soon. 🔊

Sismo Bagde

For being an active user, you can also receive the Sismo Badge, with a minimum of 3 deposits playground.sismo.io

Testnet ⬇️⬇️

We need to add a new testnet network on our Metamask wallet, so move to:

Our MM wallet => Add a network manually => Use the data given below ⬇️

• Enter the Aztec Testnet network details:

Network name: Aztec Testnet

RPC URL: https://aztec-connect-testnet-eth-host.aztec.network:8545

Chain ID: 677868

Currency symbol: ETH

• Move to aztec-connect-testnet-faucet

• Click ‘‘ Sign in with Discord ‘‘ => Confirm

• Paste wallet adress => Confirm

• Add DAI token: 0x6B175474E89094C44Da98b954EedeAC495271d0F

• Enter aztec-connect-testnet (testnet)

• Repeat in the same way all the tasks listed on ( Mainnet )

4. Conclusion

AztecNetwork another huge project recognised among major investors and the community in the cryptocurrency world. As with most such projects, it is worth being active on their network if you want to give yourself the chance to be rewarded as an early adopter.

Well Done Pirates! 🎉 This is another article with us where is an opportunity to catch a potential huge airdrop 💰 🎁

Looking for alpha projects? Join our Community on Guild.xyz, we hunt daily 🏴‍☠️: With our Collect & Earn Program, we share the revenue generated by every sold-out article with our beloved collectors on Discord. More details here.

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From this article we will learn how to verify ourselves and be part of the project, feel free to read article📜

• 1. What is PoH

• 2. Register Profile

• 3. Self Verification

• 4. Earn $UBI tokens & Regural DAO Votes

• 5. Conclusion

1. What is PoH

Proof of Humanity is a social identity verification system for humans on Ethereum chain. PoH combines webs of trust reverse Turing tests & dispute resolution to create a sybil-proof list of humans.

Interesting questions/answers about the project can be found in the official FAQ’s

https://blog.kleros.io/proof-of-humanity-faq/

2. Register Profile

The first thing we need to do is to go to the PoH website and connect with our wallet

• Enter app.proofofhumanity & Connect MetaMask wallet ( ETH chain )

• Click ‘‘ Submit Profile ‘‘

• Enter your real basic details name etc.

• Upload your profile photo, according to the specified instruction

• Upload a video that shows our EVM MetaMask wallet address and speak these words clearly " I certify that I am a real human and that I am not already registered in this registry "

After filling in all our data and uploading the video, we have to pay 0.125 ETH + fee for registration, which will be 100% refunded after successful verification.

🔊Note: However, it is important to remember that if the verification is unsuccessful, you will not get your money back, which is why it is so important to do it carefully according to the instructions & read the policy .

• Select ‘‘ Self Fund ‘‘ & ‘‘ Submit ‘‘ => Confirm transaction on wallet

3. Self Verification

Once you have completed all the steps and submitted your profile, it will be in the ‘' Vouching Phase '‘

• Move to Proof of Humanity Telegram: PoHCrowdvoucher

• ‘‘ Click here ‘‘ on Rose message, to use the chat room

• Use the command (example) ⬇️⬇️

“/add https://app.proofofhumanity..id./profile/0x.."

• Check after a while if you are on the list here: Docs.google

Click Column B User=> CTRL+F & search quickest your Telegram nickname

• In column C, you will find the person who will verify you.

• Copy name, go back to the Proof of Humanity Telegram and look for this person & write to him/her to inform that has been assigned to you

🔊Note: We need to be sure that the person we contact is the one who is currently guiding us its no one else, because we still need to be on guard against people who want to cheat us

🔊Note: If you do not hear back from this person (within 24 hours) contact PoH telegram to find another person to verify.

• Now that person will do a video call with you and confirm your humanity proof

• Once you have done this, return to the website app.proofofhumanity.id & go to profile. Click ‘‘ Finalize'' and within a few seconds your wallet will be verified

🔊Note: Our 0.125 ETH will be returned to the wallet upon successful completion of verification.

4. Earn $UBI tokens & Regural DAO Votes

What is the UBI Token?

UBI is the first application to be built on top of the Proof of Humanity registry, an anti-Sybil attack tool designed by Kleros.

$UBI Initial Allocation

10 million UBI have been minted at genesis. The initial allocation is as follows:

• 20% to early contributors to Democracy Earth’s HOUR token (rebranded to UBI).

• 40% to the initial Liquidity Mining program for UBI pairs.

• 40% to the UBI community treasury to be used as a treasury reserve for future UBI DAO proposals implementation.

Earn $UBI tokens

Once you have registered as a human in the Proof of Humanity registry, you will be able to start collecting UBI by clicking on the 'Start collecting UBI' button on your registered profile

• 1 $UBI token per hour

Regural DAO Votes

After successful verification of your profile, remember to cast active votes on a regular basis ✔️

https://snapshot.org/#/poh.eth

5. Conclusion

Soon projects that want to reward their users will have to use projects such as Proof of Humanity to sift out bots. We know how big a problem this is for them and so only the right users will be rewarded.

Congrats pirates 🎉

Looking for alpha projects? Join our Community on Guild.xyz, we hunt daily 🏴‍☠️: With our Collect & Earn Program, we share the revenue generated by every sold-out article with our beloved collectors on Discord. More details here.

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Decentralized social media such as Lens Protocol seeks to solve the main problems in existing social media networks, which will be discussed in this article. Feel free to read🔰

1. What is Lens Protocol ? 🌿

2. Genesis of the Project 🌠

3. Key Functions 🔑

4. Current Issues and Building at Lens 🚩

5. The best apps developed on Lens Protocol 💬

6. Summary and Usability of Social Media 🔰

1. What is Lens Protocol ? 🌿

The Lens Protocol is a Web3 social graph on the Polygon Proof-of-Stake blockchain. It is designed to empower creators to own the links between themselves and their community, forming a fully composable, user-owned Social Graph.

The protocol is built from the ground up with modularity in mind, allowing new features and fixes to be added while ensuring immutable user-owned content and social relationships.

• What is Social Graph? 🌟

In the context of blockchain, graph is an indexing protocol. Indexing reduces the time it takes to find specific information. Without the use of graphs, we have to search every stored block in the blockchain to find the information we are looking for.

A Social Graph creates all of the social relationships between accounts, helping with order and structure in the world of social media.

Why is DeSo (decentralized social) important? Decentralization means the users have the complete right to their content.This means that instead of centralised entities owning the content, ownership is distributed to the users. And proof of this can be found on the blockchain in this case through NFT’s.

Lens Protocol is fully open source for the community to build on. There are an infinite number of possibilities of tooling and front ends that can be built on the protocol. Social apps, content moderation tools, analytics platforms, verification systems.

2. Genesis of the Project 🌠

Lens Protocol was created by the team behind Aave, led by Aave’s founder Stani Kulechov the biggest DeFi automated market maker with over $6 billion in TVL ( total value locked ) .It was announced in February 2022 and released three months later.

• Origin of the word Lens

Lens Culinaris 🌿 is a tall, branched plant with pods of lens-shaped, small lentils. It has a symbiotic relationship with certain soil bacteria. If the roots are left in the ground, they will provide a source of nitrogen for its neighbor.

• Creating on the Polygon network

Earth first. Polygon's eco-friendly blockchain allows each publication on Lens Protocol to have a low carbon footprint while being on a low-cost, secure blockchain.

3. Key Functions 🔑

Key features of the protocol. It has features of well-known social media systems, such as profile ownership, commenting, re-sharing a post and more - but at its core, the Lens protocol is native to Web3, so any social media platform built on the protocol will be internally different.

Users will own everything, as they are powered by NFT’s. Here's a quick overview of the key features of the Lens Protocol :

• 👤 Profile NFTs – This is the main primitive of the Lens Protocol Composable, non-custodial, and permissionless, these dynamic NFTs contain the history of all posts, mirrors, comments, and other content you generate. Individual addresses can own profile NFTs, an address can contain multiple profile NFTs, and a profile NFT can even be owned and operated by a DAO through a multisig wallet

Important thing is Lens Protocol is that it prevents namespace squatters. Profiles can only be created by addresses that have been whitelisted by governance.

So how can we get our name on Lens?

The only chance now to get our name on the Lens is to be on the whitelist by joining their Discord and following their Twitter where they share information about it.

• 👥 Follow NFT – When you follow someone, you’re granted a follow NFT. Each of these NFT’s has a unique token ID that comes with innate rarity & utility. These unique traits can be used to limit voting to your most loyal fans in governance snapshots. They can even be traded on an open market.

Following on the Lens Protocol differs from following in Web2 social applications. When users follow a profile on the Lens Protocol, they are given a Follow NFT, which creators and communities can encode with additional value. 🌿

• 📝 Publication – Pictures, music, videos, a great poetic work of art – whatever masterpiece you want to create and share, you can with a publication. Lens Protocol supports IPFS and any media type that inspires you.

All the publications on Lens are what make it so thriving. These are all original content, comments and mirrors created by the creators. Publications are posted directly to the user's NFT profile and guarantee that all user-created content remains the property of the user and is in the user's portfolio.

• 💚 Collect - Like what you see? You can collect publications from people you follow. A new form of self-expression, curate your collection, and show off what you love. This collect feature enables anyone to collect your content based on the price, edition size, and time limit you set.

Collects allow creators to monetize their content by wrapping content behind a paywall unlocked by purchasing an NFT. 💸

• 🔄 Mirror – Some things are too good to keep to yourself. Re-share a post using the mirror feature! By amplifying content, you can earn a cut from anyone who collects the original content through your share.

Mirrors are the curation tool of the Lens Protocol which are the equivalent to reposting content.🌿

4. Current Issues and Building at Lens 🚩

In current social networks, such as Twitter and Facebook, accounts are not linked, which means that when you create a new account you start building all over again, without any followers, content or even a profile picture. This makes the process of joining a new social network difficult starting from the beginning.

In addition, all the companies behind these social media platforms have full control over what we do and can censor our content or use it in any way they want. Of course, they are able to sell our data and create our profile used for advertising and product placement.

Today's social media makes products out of users by mining their data and selling them advertising. Lens, on the other hand, works in a completely different way that solves many problems currently facing social media.

Whenever someone wants to build a new social network, they can directly integrate it with Lens, so that anyone who already has a Lens profile can easily be onboarded to the new platform with all their content and followers.

The most important thing is that Lens does not profit from user data, but instead gives users the opportunity to monetize their content and earn money by collecting articles they have found valuable or view as a form of support.

Lens gives us great opportunities for those who want to create content and be in social media. In every way they show us that what matters to them is the community, and the content created on it.

5. The best apps developed on Lens Protocol 💬

Lens Protocol is developing very fast, it is favored by rapid adaptation through social media and with this interesting projects based on Lens are being created.

Below I present the best and most frequently used applications available to users, and a full list of applications that there are many more you can find here lens.xyz/apps

6. Summary and Usability of Social Media 🔰

Social media has changed the way the world communicates, providing an elaborate system for sharing information. In the future, today's largest social media outlets, such as Twitter and Facebook, will face many of the challenges that web3 offers to users.

Blockchain can save social media and provide content transparency, traceability, tamper-resistance and security. The Lens Protocol is currently the largest and thriving social media in the cryptocurrency world, and offers a great path for new projects that want to grow with Lens.

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• 1. What is GSU Protocol

• 2. Tokenomics & Roadmap

• 3. Testnet

• 4. Unlock POAP & Roles

• 5. Conclusion

1. What is GSU Protocol

GSU Protocol is the CDP lending protocol for Global Stable Unit (GSU). It allows users to perform the issuance of GSU coins (GSUc) based on collateral provided. Is built from a fork of Maker Protocol due to its robustness and stability. GSU Protocol’s team aim is to distribute $GSUc stablecoin through an overcollateralized debt position of diverse crypto assets.

2. Tokenomics & Roadmap

You can check out the white paper of the project here

3. Testnet

To perform tasks on their site, we need to have at least 0.8-1gETH on the Goerli testnet network. If you do not have test tokens, use facuet from the links below & paste wallet adress ⬇️⬇️

• fauceth.komputing.org

• faucet.goerli.mudit.blog

• goerli-faucet.com

• goerli-faucet.pk910.de ( Mining )

• faucet.triangleplatform.com

We can also enlist the help of the GSU Protocol team by contacting them via Twitter

If we have obtained the necessary tokens, we go to the testnet page ⬇️⬇️

• Enter gsucoin.app & connect wallet ( make sure its Goerli testnet network)

• add GSUc token => 0x252D98faB648203AA33310721bBbDdfA8F1b6587

• Move to ‘‘ Borrow ‘‘ page

Setting up Smart Proxy

• Click ‘‘ Borrow ‘‘ & Sign message => Mark Terms of Service ‘‘ Continue ‘‘

Creating Vaults

• Type 0.8+ gETH ( at least 520 $GSUc needs to be generate) => Confirm transaction & Create Vault

Generating $GSUc

• Move to ‘‘ My Possitions ‘‘ => Menage Valut ( swap to GSUc )

• Click ‘‘ Generate ’’ & Paste 520 $GSUc => Confirm Transaction

Repaying $GSUc

• Choose ‘‘ Payback ’’ & Paste 20 $GSUc => Confirm Transaction

4. Unlock POAP & Roles

To receive a POAP for the testnet performed, go to their Discord & Submit feedback on #report-a-bug or #feedback channel.

We can also unlock all available roles => enter their Guild ⬇️⬇️

There is also an action to perform on their Twitter, follow the instructions in the post✔️

https://twitter.com/GSUcoin/status/1602624593352691712?s=20&t=HEzH3oC0T9TqgMX6Df_U6A

5.Conclusion

We all know the important role of stablecoins, in which we safely store our funds. Realities are constantly changing, especially in the world of cryptocurrencies, the project described in this article certainly worth your attention and further follow up.

Congrats pirates 🎉

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