转眼到了今年三月二十一日了。马上快一年了。中间的到了很多大佬的帮助，雨夜，撸币养家，maik ,余玹，领哥，pisa,小科比等，在这里向他们表示感谢!

学到的经验就是，要进官网，保证钱包的安全。撸有大机构大投资的大项目给的空投通常比较大。总之收获满满！

我觉得人活着也会遇到困难，挫折，只要不放弃，坚持过后会是柳岸花明！

现在城市工厂多，尤其是化工厂，环境污染严重了。水肯定难逃其害。家里楼上喝的水，实在难以下咽。没办法不买大桶水的话，就得自己安净水机用。真的挺无耐呀…….

Intro

Gearbox V2 has officially launched! It has demonstrated strong signs of a product market fit on the Credit Accounts side, and generated plenty of attention from users. Gearbox V2 is the result of months of work from a large group of DAO contributors, including multiple passed audits. We’ve only scratched the surface of what sort of creative strategies are possible with V2, so naturally we know what you want to ask ne-

‘WEN TOKEN’

No wait don’t you want to know about new pools and strateg-

‘WEN TOKEN’

But don’t you want to explore fee structures and scali-

‘WEN.’

How about-

‘TOKEN.’

Ok fine, we can talk about the token. If you do also want updates and more info on V2, stats, and so on — check out the latest DAO update:

The Token Launch Plan [soft consensus]

The proposal to launch the token will go live within a few days of this article being posted. Let’s give it a few days for the last remarks and suggestions, to make sure we got all possible solutions covered.

Context

“Wen token” is a very valid question, given the precedence of DeFi protocols commonly having liquid tokens. Gearbox is a DAO, and at any time someone with enough delegation power could launch a proposal to enable transferability. However, many would have been against this with no plan.

There are many reasons that the Gearbox DAO and its members may wish to enable token transferability, and many reasons for the token to remain locked indefinitely. On top of that, there are many (many) ways to enable transferability — from simply flipping the switch and seeing what happens, to carefully curated liquidity.

The process for token launch, should the proposal pass in its current form, is outlined below. Full context for the proposal, as well as supporting and counterarguments from the community, can be found on the forum:

Procedure

Should the proposal pass, the token launch will be broken into two stages:

Stage 1 — Gnosis Auction[Target End of November]

1. 150,000,000 GEAR will be available for sale via a gnosis batch auction.

2. The starting price will be $0.015, and the auction will last 3 days. The full set of parameters are listed in the table below.

3. Anyone can participate! There will be no whitelist.

Gnosis Auction Paramaters

(But Ser What is a Gnosis Auction?)

A gnosis auction is intended to sell tokens at a fair price. Throughout the auction, users may deposit capital and set a max bid price — ie the maximum price at which they are willing to be GEAR at. At the end of the auction the order book is analyzed to determine where the supply and demand curve intersect — this will be the final GEAR price.

Anyone who set their max price above the final price will receive GEAR at the final price (ie, lower than their max bidding price). Anyone who set their max price below the final price will not receive GEAR. By utilizing gnosis auction, with participants aware that additional tokens will unlock after the auction, supply and demand are balanced and the initial token price is more likely to represent the markets valuation of GEAR.

Stage 2 — Liquidity

[Target early December — subject to change if additional proposals are needed pending the outcome of the Gnosis Auction]

1. A nominal amount of GEAR and WETH (<0.01) will be used to seed a new 50/50 pool on Balancer as a test deposit.

2. GEAR token transferability will be enabled.

3. Shortly after, the full amount of funds raised in the Gnosis Auction will be converted to ETH and paired with an equivalent (in value, priced per the Gnosis Auction) amount of GEAR and deposited to a NEW 50/50 liquidity pool on Balancer.

4. Note that due to how Balancer functions (specifically, internal balances), users could in theory purchase GEAR from the pool (but not withdraw) even if transferability were disabled. It is recommended that the multisig do a test deposit prior to enabling transferability, but not required. Because this pool could be purchased from in theory, it will likely be necessary to seed a separate pool for the real liquidity.

5. Up to 500k of funds from Part 2 of the community raise may be used for liquidity if the sale comes up short. This will be up for voting too, a multichoice snapshot or a separate one instead.

6. NOW TOKEN

7. Gearbox DAO will then apply for a BAL gauge. Aura contributors have soft-agreed to direct some core contributor voting power ❤️

This is one of the reasons for choosing Balancer over other avenues: better biz dev and community support. And not only that, but the fact that Balancer & Aura might seem to be in the next line of integrations (TBD) making it more logical to have GEAR liquidity there for possible Gearbox-native integrations later if those are to be suggested and voted on later. Anybody will be free to set up their own pools on Uniswap V2 or V3, or instead Curve V2… those can also be discussed by the DAO in later stages, but for now the proposal is simplified.

Unwritten rule: Gearbox DAO governance remains very active and community-centric (see the end of this article for some info & stats) and OG members have reduced voting weights!

That makes the process more open and fair. Always has been! However, some members have PTSD from other DAOs with centralized governance. To address that, even if that’s not by default the case in Gearbox DAO — early OG members will abstain from voting directly. Delegates can though, but delegates are public members who can be argued with, so there is no forced agenda here. Lobby, convince the other party — it’s an actual forum!

Future GEAR Utility

So you bought a GEAR token — now what?

GEAR token has had governance utility from the very first day: deciding the parameters and assets for V1 back in December 2021. And has continued over the course of 2022 with strong community & voter presence. Governance is really active, let’s keep this going!

But, rightfully so, many are interested in adding utility and accrual to GEAR. A totally valid, wanted, and important part!

So far, therehaven’t been any tokenomics forced into GEAR (like revenue sharing, veTokenomics, or other models) — because the PMF wasn’t clear. As it becomes a bit more evident, we can decide on concrete models and implement them. It’s not a tomorrow decision as it requires much more data, but it definitely will be super important in the near future.

What is important is that from the start Gearbox Protocol has been having fees. They were never large though and not intended to be large for now, for two reasons:

• It doesn’t seem to make sense to rake fees while the protocol is still early on, and its entire TAM / reach is not fully clear. On the path to growth, startups don’t try to “milk users” from the get-go, it’s not a viable expansion strategy. With that being said, revenue must be done and will be done, but after solid growth has been there. Doing it too early is not a good idea. First grow, and grow big — then revenue.

• The fees can actually come from various aspects once growth is there, which can be: Credit Account performance fees, Credit Account opening-closing fees, DAO2DAO revenue sharing like Yearn does, and so on. It’s all on the table! So Gearbox is not restricted to current protocol fee sources, it can be quite dynamic.

• The way revenue or yield is shared, can be different too. It can be veTokenomics, it can be a GMX model, it can be an early LOOKS model, it could be MKR burning… all of these are viable paths, and it’s up to the DAO to figure out this direction.

Again, these opinions are of course subjective, but seem to be shared by many DAO members. These points can always be re-discussed and changed with the voting. Revenue, token accrual, real value sources, protocol fees — should and must be there. The concrete direction is TBD, but everyone is aligned so far to have this live.

Some discussions have also suggested enabling the staking of GEAR as cross-collateral on the protocol. This would require deep liquidity and an oracle for GEAR (token transferability gets us a step closer). DAO members may wish to flesh this idea out further. An interesting idea too!

Any community members that wish to discuss ideas for future GEAR utility are encouraged to post to the forums or join the discussions in the #gear-economics channel of the Discord server.

In Conclusion

Wen Token? (maybe) December (if the vote passes), with Dec 1st-10th-ish as the target. Stay in the loop and be ready to vote if you currently own GEAR!

The filings follow Proof of View’s successful patent approval in the USA and China, the world’s two largest advertising markets. Verasity is now seeking patent approval in other major advertising markets worldwide, of which Hong Kong and Eurasia are the first successful jurisdictions.

Approval in Hong Kong

Hong Kong may be small in size, but it’s a highly influential territory in the global advertising industry. With total advertising spend of almost $3bn USD in 2020 ($22.1bn HK$), and a considerable portion of this spend comprised of digital advertising, the advertising industry in Hong Kong is flourishing and growing at a rapid rate.

As we know, where advertising budgets grow, fraud increases alongside it. Our patent approval in Hong Kong now allows us to market our solutions to a multitude of East Asian publishers and advertisers, and vastly increases the market that VeraViews can operate in.

We view the East Asian ad market as one of the most important geographies and markets for advertising worldwide, and we will continue to protect our solution through patent approvals in these jurisdictions.

Approval in Eurasia

The Eurasian Patent Office covers the countries of Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, the Russian Federation, Tajikistan, and Turkmenistan. These geographies are particularly important for Russian-speaking countries and those countries that utilise Cyrillic languages in digital advertising. Collectively, Eurasian countries make up billions of dollars of advertising spend.

This patent area is also particularly important for Proof of View when identifying and storing data on threat actors and cybercriminals operating out of these territories. We’re confident that VeraViews and Proof of View as a module, after securing patent protection, can offer world-class anti-fraud solutions in the Eurasian markets.

What does this mean for Verasity & VeraViews?

For VeraViews, powered by PoV, this is a hugely important milestone that enables us to expand our business development activities across several new jurisdictions.

As many of these new jurisdictions are rapidly expanding or emerging ad markets, such as Hong Kong, it’s a step towards becoming the first patented open ledger ad-fraud protection solutions in those markets.

Verasity and VeraViews will continue to seek new patent approvals and filings in multiple jurisdictions now that our solutions are mature and ready for market.

Hello, World!

Today we welcome the StarkNet Foundation, a new community foundation organized to provide an independent community structure for supporting the StarkNet project.

StarkNet is a permissionless, decentralized validity rollup operating as an L2 network over Ethereum, where any dApp can achieve vastly increased scale for its computation, without compromising Ethereum’s composability and security. For more about StarkNet, take a look here. To be truly accountable and accessible to the community of its developers and users, StarkNet needs an independent facilitator for community-oriented governance for the entire StarkNet ecosystem.

The newly-created StarkNet Foundation, with support and resources from a broad cross-section of community members, will foster research, development, and extension of the StarkNet network and supporting technology, promote use and adoption of the StarkNet network, and fuel StarkNet community participation and project governance. The Foundation will help fund and organize user and developer conferences, and coordinate cooperation with allied and related communities.

The Foundation will be governed by an initial board of seven directors, with multidisciplinary backgrounds from across the world. In short:

• Andrew McLaughlin — Tech policy, digital rights, entrepreneur, and community self-governance expert

• Eli Ben-Sasson — StarkWare co-founder/President, co-inventor of STARKs

• Eric Wall — Independent blockchain researcher and thought leader

• Heather Meeker — Expert on open-source software licensing

• Shubhangi Saraf — Professor of math and theoretical computer science, and core contributor to the math underpinning STARKs

• Tomasz Stanczak — Blockchain engineer and leader and CEO of Nethermind, one of the largest teams building on StarkNet

• Uri Kolodny — StarkWare co-founder and CEO

A StarkNet token has been created to reward StarkNet developers and operators for the work they perform to maintain and advance the network. The Foundation holds 50.1% of the initial minting of 10B tokens, the allocation of which will be managed by the Foundation for the benefit of users, operators and developers in the StarkNet community, as set out here. The remaining tokens are subject to a four-year lockup and are owned by existing StarkNet core contributors and investors in StarkNet development.

The StarkNet Foundation board has begun work, prepping for formalization and operations, recruiting for an executive director, and beginning to form ad hoc community committees to advance some essential projects like figuring the what / where / how / when of a first vote of StarkNet token holders.

We wish the entire StarkNet community success and we are proud and excited to be working on the launch of the StarkNet Foundation.

Here is what our board has to say:

Andrew:

What makes StarkNet compelling to me is that it is, in my judgment, the most promising and technologically convincing effort to make Ethereum (and other blockchains) a truly scalable, secure, and private permissionless global computing platform. With rock-solid science and a talented team behind it, StarkNet is a pivotal part of achieving the broad-scale utility that has been just over the horizon of the prevailing blockchain ecosystem.

As a member of the founding board, I aim to focus on good governance and effective global community-building. The StarkNet Foundation will be a not-for-profit startup, with a mission to build out a community of builders and users that is engaged, diverse, and empowered to govern itself. As an organization, the Foundation itself needs to be open, transparent, accountable, reliable, and ethical. As an instance of community self-governance, I hope to see the Foundation drive the creation of StarkNet-powered governance tools and services that are objectively intuitive and useful — and as available to others as they are to us.

Eli:

The initial success of StarkNet (and STARKs) caught me by surprise. What started off as a StarkWare-centric effort is now a thriving and rapidly expanding ecosystem. Yahoo!

Governance is a hard topic, one that has baffled human societies throughout history. StarkNet’s governance, including the necessary checks and balances, conflict resolution mechanisms etc., has yet to emerge and crystalize. And so, my feelings of excitement and optimism are humbled by the challenges ahead. It is clear to me that StarkNet should not be ruled by any single party. Thus, I view the most essential part of our mission as that of listening to the wide and expanding ecosystem of StarkNet developers and helping them lead the way.

Eric:

Rollup technologies are by far the most promising answer to the question of how to scale permissionless finance to the millions of users. STARKs provide the ability to succinctly verify general computation, and can thus extend the qualities and values of the Ethereum baselayer to the layers above. StarkNet is perhaps the most important installation of this concept, and it is with humility that I accept the task of helping to ensure its integrity as well as its success.

Heather:

I am thrilled to be part of the StarkNet Foundation.

For almost three decades, I have been working to help people understand open source licensing. I am a lawyer, so of course, I’ve spent a lot of that time helping my clients learn about open source licensing and development. But during those decades, the whole technology industry has been working to better understand how to collaborate — that’s the gift of the open source development model. I have been especially lucky, because a lot of my work has been helping others — not only my clients — learn about the rules and paradigms for collaboration. In a way, I’ve had the great fortune to be as much a teacher as a counselor.

I look forward to working with StarkNet Foundation to move into the next era of Ethereum and blockchain, and to support the growing StarkNet community.

(Heather is an advisor to StarkWare.)

Shubhangi:

I am a researcher in the theoretical foundations of computer science. Personally, I have been amazed by how some of the exciting theoretical developments in the field from the last couple of decades have come together to create the technology that powers STARK-proofs.

I think that the mission of bringing scalability via STARKS through a decentralized public platform, where developers play a central role in governance and design has the potential to greatly expand the reach of blockchain technologies. As a member of the board, I am also keen to enable avenues for StarkNet to stimulate, and to benefit from, modern research in theoretical computer science. I am looking forward to being part of this.

(Shubangi is an advisor to StarkWare.)

Tomasz:

StarkNet enters an important phase of its development — one when it becomes more open, composable, trustless, and more trusting. I see my role at the foundation as an opportunity to foster collaboration, and support a move towards the future of decentralized and permissioned chains powered by STARKs.

Remembering my path at Nethermind as an Ethereum Foundation grantee and understanding both challenges and opportunities that builders are facing, I welcome the opportunity to ensure that the executive team at StarkNet Foundation builds an ecosystem where builders feel empowered, and benefit from their research and development efforts while building StarkNet as a public good. I am looking forward to seeing the next generations of builders and communities finding their role as independent co-owners of StarkNet.

Uri:

As a co-founder & CEO at StarkWare, I have been observing the blockchain space since 2018 (a relative newcomer!), and deeply involved in building scaling solutions for Ethereum. The software tools for computational integrity that we started developing at StarkWare are now being placed in the hands of developers worldwide. The mission is clear: these tools need to be put in the hands of any interested developer in the world; these tools need to be improved. The StarkNet Foundation will play an important and exciting role in fulfilling this mission, in decentralizing StarkNet.