Since inception, Namada has always been open and transparent about their approach to grow their network, they welcomed community members from different backgrounds, different communities, taking notes of the lesson notes from the past.

• Fun fact is one of Namada’s founder and core developper, Adrian was the #11 participant in Zcash Privacy Cryptocurrency trusted set-up, showing his values and attachment toward the privacy advocacy and early cryptocurrency involvement. You can see his promise 5 years late 👀.

https://x.com/adrianbrink/status/951044302490226688?s=20

• They also took very concrete and proactive actions as Retroactive Public Good funding , to include privacy advocates from the broader space around the world to participate in their trust-set up, participants (influencers, community advocates, known researchers and developers ) 👨🏾‍💻could showcase case where they contributed towards Privacy as a public good in the past and were encourage to take part and be part in the community and be reward for their past contribution by nomination.

  Privacy advocates were referred from developpers, community members and anyone outside could refer or participate to the initiative. Their vision is to reward and give privacy builders a voice on the future of the protocol and bring their piece to the puzzle.

https://www.coindesk.com/tech/2023/04/12/new-privacy-blockchain-namada-proposes-first-ever-shielded-airdrop-to-zcash/

• Strategic partnerships were made to ensure a collaborative approach from others privacy projects such as Zcash the piooner of the Zeroknowledge privacy and innovation are a part of the development of the Namada network, as well as the IBC foundation and Osmosis.

  This ensure a limited and decentralized control of the open source protocol Namada by the Anoma foundation, broader innovation and participation from the broader privacy and blockchain ecosystem is wanted by the foundation with plan to make it broader as more adoption is reach.

II - Breakthrough Technology : Zk-snarks & MutliChain Privacy

💡What do you need to know about Namada ?

It is a Layer-1 Blockchain network, meaning that it runs its own trustless blokchain network which use the CUBIC proof of stake as a consensus algorithm for its interchain privacy. Namada use the IBC cosmos interchain.

The aims of the network is very clear, being able for users to use their favorites multichain assets in a fully private manner. Users will be able to shield their assets and use them on the Namada Chain. Here are 4 key innovations :

• MASP, is a key innovation from NAMADA or multichain asset shield privacy, is a advanced version of Zcash Sapling Circuit, a zero knowledge circuit that allows common assets (NFT’s, ETH, DAI, ATOM etc.) to be shielded & sharing the same anonymity set on the namada layer, with privacy becoming more and more robust the more the transaction increase through the circuit without privacy being fragmented.

• The BFT Proof of stake enable "Visa-like” finality by enabling fast proof generation and scaling with fractal instances*. This brings to the network a very low latency and close to zero fees capabilities, creating infinite possibilities* of use cases for the future of multichain dapps.

• With Asset-Agnostic Privacy by default : native and non native assets with Zk-snarks are transferred while being fully private for users. It will allow dapps to gain inherent full privacy into their existing infrastructure.

• It is surprisingly Seemlessly Interoperable, the Ethereum Built-in bridge 2 way bridge allow users to interact privately on the Namada Layer and IBC interchain integration allow connection to Cosmos major chains such as Cosmos, Osmos and Celestia and much more.

GOVERNANCE

The protocol supports a novel approach where onchain text are possible allow users, validators and delegates to cast their vote on chain. To maintain security and flexibility offchain voting remain available as an emergency when validators can’t produce blocks.

III - Privacy by vision and default🛡

Yes, Now that you’re a pro-Namadian, your understand that Namada is a layer-1 one serves users from different chains as a fully private robust layer where users can transacted while earning rewards but also can contribute towards privacy shielded set enhancement, resulting in more private mulitchain ecosystem in WEB3.

This goes beyond the idea of the layer one, to understand that Anoma and Namada are blockchains but Namada is seen an intent meaning that it allow specific parameters to offer privacy while Anoma as a broader architecture for privacy well explained in this video.

ROADMAP

Get involved by joining Namada discord community

There is hint that mainnet is coming soon 👀 with the emerging of a chrome extension 👌🏽

https://chromewebstore.google.com/detail/namada-extension/hnebcbhjpeejiclgbohcijljcnjdofek

CONCLUSION

Namada was born as a part of broad vision the Architecture of Anoma to bring long term privacy to the WEB3 as current blockchain aren’t private. The vision of Namada shows that privacy and decentralized goes in hand, as the aims its only achievable by community adoption. The community and public goods approach show the ethos of the project that it is the result of a community request, that privacy should be a public right and will truly bring adoption and remain one of the biggest challenge for Ethereum, as a quote from Vitalik.

Privacy can be seen as a public good same as the public internet or public infrastructure so it can fit human utility.

https://x.com/johnbcdoe/status/1621753091036160001?s=20

By adopting privacy by default and by community values we ensure that no single party can control or gain power over privacy, allowing community to benefit of a privacy preserved environment where they can hold, use and earn their favorite assets.

Namada will be a popular demand among DeFi developers who will want to offer privacy as a value proposition for their users making the adoption inevitable as it a need for the market.

Community Builder MUG gift Initiative 🎊

🎁Upon confirmation of the team, i suggested an initiative for coffee/tea mugs with an brand image from the team that i will order to each community builder willing to receive one, upon approval and vote from on the best memes on it .

Here is the google form link, in case you are interested :

https://docs.google.com/forms/d/e/1FAIpQLSe57Q-rKnpDAOlHFou_n1_GrMHnoWlKnNrXX-np8EO3h7QXYg/viewform?usp=sf_link

• discord : nour#4667

• Twitter : @noureasy

https://www.dappland.com

1) Braavos - My favorite Starknet Wallet

Braavos is a very UI/UX friendly wallet, that is available at the same time on your favorite Browsers but also on your mobile device. It is the first Starknet Wallet to be available on a computer or mobile device which makes it perfects for ease-of-use and stress free. It is a must to navigate through on Starknet as it has its own EVM addresses that are different from Ethereum chain addresses.

It also has one of the most intuitive interface, transaction history displays clearly, you see very clear insight such as displaying different actions, from transactions, mints, swaps, stark.id etc. My favorite part is the PRO Score which allow you to get insight on your activity on your wallet.

My FAVORITE best feature is : it is a SMART WALLET !! Every crypto expert will tell you they are all frightened about not being able to recover their wallet. Braavos thanks to STARKNET, supports smart wallet which allows different method of securing your wallet.

• Even if you get hacked, or your private keys or seeds phrases get stolen, you can still keep your account secure, to good to be true 😱

• Braavos allows you to enable on chain 3 factor Authentication before being able to sign a transaction : Something you have, something you are ! To sign a transaction you can now with braavos enable Face ID and Finger Print Hardware security, meaning it won’t be able to take an action access on your account without your Biometrics.

• You can also enable Hardware 2FA signer, meaning you will need to sign the transaction on a specific device of your choice before it can be processed, or even enable it with a ledger or external wallet. Furthermore you can protect your private key by a password which ensure no-one can access it without the password.

• On this note, Braavos security features thanks to Starknet Supporting Smart Wallets is unmatched, i think that there is no competition 🏆 in term of daily usage wallet for Security.

2) LayerSwap - Bridge your ETH in & out Starknet

• LayerSwap is simply my favorite bridge to Starknet, simply because it is very simple and intuitive to use i give it a 9/10 rating, it is a must-go for quick and easy transfers in or out of starknet at a fraction of a fee.

• The reason is that it is the only bridge that i know of that allow to bridge Ethereum from litteraly ANY source on starknet such a centralized exchange, your BANK CARD or any other Chain supported.

3) EKUBO - Best Liquidity Provision

• Ekubo has gained an lot of traction very early due to its unique features. I personnally use it to buy and sell tokens on Starknet, if i need to sell my $ETH for stables, i get the best rate using the decentralized Automated market makers.

• They innovated in key concepts that allows users to save on fees with their gas efficiency mechanism, deep liquidity to GUARANTEE BEST PRICE for users so you are sure you are getting the best deal in the market.

• Lastly but not least, permissionless pools, allows any developpers or interface or aggregator to launch their pools with their own set of parameters on top of Ekubo.

• It is the perfect DEX for a Web3 DEFI user, the only reason why it dropped point is because others AMM in the space such as AVNU & Jediswap are doing also wonderful job in term of User friendly interface, Branding, community so it wouldn’t be fair to give it all the points.

4) THE FOCUS TREE APP, Unique of its kind

FocusTree 1st of its kind, it is simply an app deployed on starknet to help focused on wellbeing. It truly showcase how Starknet smart contract capabilities is allowing the deployment of dAPPs of any kind onto Starknet which wasn’t possible before on Ethereum. The reason i provided 9/10 rating is the initiative to promote collectively mental health combined with Eco-friendly in crypto with very a concrete and simple approach that involve all the community.

• Encourage a gamified community motivated focus dapp where people participate in different teams in quests on focusing, by not touching your phone for numbers of minutes daily to reach your target and get in the leaderboard.

• I met the team while in ETHCC in Paris and they offered me a ticked for the StarknetCC conference, back in July 2022, where i attended different meet up. App is not yet Available to the public but very promising. Keep an eye by Following the Focus Tree X and Turning post notifications 🔔

5) ZKLEND - Borrow and Earn

Allows you to Borrow and Earn yields on Starknet. As a Defi frequent user, i usually deposit ETH and borrow stables on lending platforms to enhance my savings plan.

Zklend is one of the go to platform money market platform with robust security to earn passively and safely on your savings. Liquidity is available with multiple pairs, i gave it 7/10 due to competition and recency bias, but it provide all the functionalities of a borrowing and earning decentralized protocol.

6) STARK ID

https://www.starknet.id

• First, it gives you the opportunity to register and mint a “.stark” domain and set is as a primary address so you can get your address set to a domain name on starknet. You can use it and create subdomains.

• More than just a domain and thanks to Starknet smart contract capabilities you can mint a Starknet Onchain Identity and attach different identities to it such as domains, github, discord or twitter. That onchain identity is proper to you and can’t be transferred while still being able to edit social and domain to attached your identity.

• It is unique of its kind on the starknet ecosystem and has lead to a lot of project adopting the Starkid paradigm outside of the ecosystem.

7) StarkRevoke for your wallet SAFETY

https://www.starkrevoke.com/?utm_source=dappland

• Safety is first when you interact in cryptocurrencies from hacks, vulnerabilities in contracts, wallet drained, phishing scams in terms of billions dollars. It is important that you can make sure you Keep your wallet safe in Starknet by activitating Braavos Biometrics signer and ⚠️ always make sure you revoke access to contracts after usage as a safety practice.

• The best feature, it allows your to revoke all contract at once ✔️which make it easier for any beginner users. You can visualize your contracts approval in one place, revoke or allowance and visualize which spender you authorized for your valuable tokens.

• I rated it 6/10 as it is a very useful and lifesaver tool 🔐 so we’re expecting a better UI and mobile friendly UI in the future.

9) UNFRAMED - Navigate through NFT’s

Unframed is a Starknet themed focused NFT & ART dapp, where you can buy, sell and create NFT collection on Starknet. Very easy to use, make offer, buy and sell.

However, in the future UI will need to be enhanced, with focus on branding for better adoption which is the reason why i give it a 5/10 rating ⭐️.

10) RABBIT X - FOR THE TRADERS

• Rabbit X is allowing you to trade 20+ different crypto pairs with up to 20x leverage. A hint that Forex trading, Stocks and Commodities are coming soon ⬆

• There a ZERO GAS TRADING feature 🏅and near instant execution is the reason why i provided a 7/10 rating because there is also a huge competition in the market today.

• The User interface has the best features and display for a advance trader or a normie. UI is very smooth, the only turn off is we think, a lack of liquidity of the exchange that needs to make an effort in terms of avoiding scammy whicks at all cost, giving a good price buying and selling experience and a healthy pricing to help trader manage their risks

Thank you for reading.

WRITTEN BY :

• Discord : nour#4667

• Twitter : @noureasy

• Website : Starknews.xyz

• Community twitter : @starknewz

Animations created and edited by me, keep mind that it is a community owned blog and news feed, any feedback is welcomed.

Reference : My Dune analytics

Starknet is achieving the long awaited prophecy of scaling with its revolutionary Zero Knowledge technology. The scalability challenge has prevented the widespread adoption of Ethereum technology despite all the new innovation and use cases.

Starknet is a decentralized Layer2 network built-on Ethereum an advanced Layer 2 solution designed to scale Ethereum and reduce network congestion. Through the use of zk-STARKs technology. Zero-Knowledge that increases data security privacy and scalability. By using StarkNet, developers can build and deploy SmartContract that is highly efficient in an environment Decentralized without having to worry about expensive transaction fees or risking the security of their applications

I- Unlimited scalability on Ethereum

aaa

II- Account Abstraction

III- Vibrant Ecosystem

IV- The AppChain and Wide range of Developers tools

V- Roadmap

Credentials :

Redacted by : Twitter @noureasy

Discord nour#4667

Website : starknews

La DeFi, les DAO et NFT ont mené la danse 💃 en attirant le plus d’utilisateurs, de nouvelles opportunités et nouvelles entreprises pour le future de l’économie digitale Web3.

Malgré qu’une majeure partie de l’adoption a commencé sur la mainnet d’Ethereum, on a pu voir un changement et une explosion des utilités sur les deuxièmes couches ou “layer 2” d’Ethereum notamment les couches compatibles à la machine virtuelle d’Ether mais aussi sur celles non compatibles.

🔥Voici les statistiques aberrantes !

• En janvier 2021, la chaîne principale d’Ethereum constituait 97% du volume total des transactions malgré toute les limites (coûts élevés, transactions lentes etc).

Prenant conscience des limitations et contraintes du réseau principale, cela a mené les communautés et développeurs à venir à de nouvelles solutions alternatives. Cela a crée une toute nouvelle phase d’adoption : les utilisateurs et développeurs ce sont redirigé sur les Layers ce qui a créer une phase d’adoption Cross-chaîne/Multi-chaîne.

En date du 29 juin 2022, on peut voir qu’environ 36% de la valeur des actifs web3 repose sur les différentes chaînes : BSC, Avalanche, Solana, Polygon, Fantom et Arbitrum.

Avec une estimation de plus de 400 compagnies construisant et développant le Web3 en fin 2021, avec une capitalisation combiné de plus de 27 milliards de $ et le mot “Web3” atteignant un sommet de 200 000 recherches Google en Décembre 2021 🌋.

https://www.soocial.com/web3-statistics/

Mais encore, avec plus de 34 000 développeurs Web3, on ne peut plus nier que l’adoption de masse sera cross-chaine , avec des utilités tel que les Metaverses et les jeux vidéos qui ont besoin d’un maximum d’efficience en tirant les avantages de chacune des différentes chaines, en créant une application sur en cross-chaine.

C’est QUOI Connext ?

• C’est un projet d’approche communautaire gouverné par un DAO et un protocole de liquidité permettant le transport efficient des actifs à travers les différentes chaînes ⛓. Connext Network contribue activement à l’achèvement d’un but précis, servir plus de 10 000 utilisateurs et des centaines de projets à transporter leurs actifs d’une chaine à une autre. Connext a pu atteindre un volume astronomique de 65 millions de $ de liquidités sur son protocol et a permis plus de 650 milles transactions à travers son réseau.

• Connext n’est pas un simple pont mais plutôt un protocol car même les développeurs peuvent utiliser cette technologie développer par Connext appeler “Xapps” pour créer une application décentralisée cross-chaine efficiente et minimisant les failles sécuritaires.

L'interopérabilité “cross-chaine” est basée sur un trilemme : Extension, Confiance et généralisation. Son architecture est basée sur un modèle modulaire.

Les objectifs ultimes de Connext :

1. Permettre aux utilisateurs des Dapps à travers les différentes chaines de transférer leurs actifs à un coût moindre, de façon sécuritaire toute en laissant le choix comme une autoroute 🛣 à chacun de choisir sa destination, son coût et la route emprunté sans compromettre la sécurité.

2. Permettre aux développeurs de créer sans friction des applications cross-chaines**, facilitant** le déploiement des contrats intelligents à travers une execution centrale. Les développeurs peuvent maintenant lancer des applications décentralisées de leurs choix à travers les chaines de leurs choix grâce à Connext.

3. Créer un environnement sécuritaire et transparent Web3 pour les applications cross-chaines et leurs utilisateurs minimisant le relais à des tierces parties pour la sécurité et permettant un déploiement universel entre les chaînes.

Comment la magie s’opère ?

Le modèle actuel débloque une couche unifier ☁️ de liquidité, il résout le problème que les ponts actuels ont : La plupart des pont actuels sont spécifiques une chaîne et/ou limités a un nombre faible d’actifs ou d’usages.

Connext avec sa couche unifié de liquidité permettra dans le future le transfert de valeur d’un vaste type d’actifs Web3 des tokens aux NFT (en version test en ce moment) à travers les chaînes majeurs, plus de 17 réseaux supportés.

Pourquoi Connext est crucial à l’adoption Web3 ?

Les piratages sont en augmentation constantes dans les dernières années avec plus de 322 millions de $ hackés à travers l’attaque du famous Ronin Bridge, la sécurité est l’aspect le plus important et crucial pour un future crosschain.

https://blog.chainalysis.com/reports/2022-defi-hacks/

C’est pour cela que l’approche créée par Connext est basée sur une approche de réduction du risque. L’architecture rend cela possible avec l’arrive de Amarok sur le réseau pour plus d’efficacité. L’objectif étant de créer une Stack complète d'interopérabilité avec plusieurs couches.

Connext optimise ce trilemme grâce à :

• Réduisant en maximum son relais à des tierces parties pour la sécurité du protocole ✔️

• Etre extensible et flexible ce qui veut dire permettre un déploiement rapide et faciles de nouveaux rouleaux ✔️

• Etre généralisable et standard permettant le transport arbitraire et optimal de données entre les différentes chaînes ✔️

  La structure de Connext est basée sur des routers (environ 47 actuellement) qui sont le squelette du réseau qui sont des fournisseurs de liquidités opérant sous formes de nodes avec des règles strictes et qui relayent les données et actifs à travers les différentes chaînes.

  Mais encore, la sécurité des fonds étant garantie par la sécurité des blockchains en dessous.

• 
  

💡Que puis-je faire avec Connext ?

Vous pouvez commencer à faire le pont de vos actifs dès maintenant de façon décentralisé, en ayant la paix d’esprit que vos fonds seront en sécurités :

Vous pouvez aussi joindre la communauté Discord.

Ressources :

https://wiki.connext.academy/what-is-connext

Crée ton XAPP connext

https://twitter.com/ConnextNetwork/status/1498650721004236801?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1498650721004236801%7Ctwgr%5E4af2146292ba946f925c8fa2de1fb8b1abb08349%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fmirror.xyz%2Fnoureasy.eth%2FS_GQd5bK-xbIkO5LX5NKb2RnIP1LWfb5sZp0AXKAdoc

Article rédigé par :

• discord id : nour#4667

• Twitter : https://twitter.com/noureasy

• Before getting started you can learn what is Connext on my article : here.

STEP 1 : Search and Go on Connext Network Website

⚠️ Always Make sure you are using the right website link “connext.network” ⚠️

****Make sure the link is secure and that you are using the exact and official website link from official sources.*****

https://www.connext.network/

⚠️ Watch out for announcements to be extra secure on the Official Connext Twitter account before proceeding ! ⚠️

• Twitter : https://twitter.com/connextnetwork

STEP 2 : Click on the Bridge Button

• Rendez-vous on the bridge section of the website to make our 1st bridge of assets

This should lead us to this page below.(secure link : https://bridge.connext.network )

STEP 3 : Connect your Wallet

STEP 4 : Select the Departure & Destination chain

STEP 5 : Select available tokens you want to transfer

STEP 6 : Make sure your wallet is connected and confirm the Bridge

STEP 7 : Confirm the transactions with your wallet and Sign to claim

Congrats , here is some tips for you 💡

• Use **ConnextScan to review **transaction history

• Use it before bridging to see the status of each chains bridge and routers

• Stay up to date and get help if needed in the discord :

  https://discord.com/invite/cgvzAcE

Article written by :

• discord id : nour#4667

• Twitter : @noureasy

Avant de commencer, vous pouvez en apprendre d’avantage sur le protocole de Connext en lisant cet article :

https://mirror.xyz/noureasy.eth/SHPrbb_sjnCI8oNRP7Lw7fAjOfXF7voU0n6mswXhrwQ

ÉTAPE 1 : Visitez le Site Internet de Connext Network

⚠️ Veuillez toujours être prudent et vous assurer d’utiliser le lien officiel du site “connext.network”⚠️

** Assurez-vous que le lien est sécurisé et vérifier son exactitude à travers les sources officielles**

https://www.connext.network/

⚠️ Soyez prudent et pour plus de protection vérifier les annonces officielles sur la chaine Twitter officielle avant de procéder !

ÉTAPE 2 : Cliquez sur le bouton Bridge pour allez sur la page du transfert

• RDV sur la section bridge pour faire notre premier transfert.

Ce lien vous mènera sur la page en dessous.(lien sécuritaire: https://bridge.connext.network )

ÉTAPE 3 : Connectez votre Portefeuille Web3

ÉTAPE 4 : Sélectionnez la chaîne de départ et la chaîne de destination

ÉTAPE 5 : Sélectionnez les tokens disponibles pour votre transfert

Étape 6 : Assurez-vous que vous êtes connecté sur le bon wallet et commencer le transfert

On peut voir les frais estimés et le montants que nous allons recevoir.

ÉTAPE 7 : Confirmez les transactions sur votre wallet et signer pour réclamer vos actifs

💡BRAVO, voici quelques conseils pour toi

• Utilisez ConnextScan pour revoir votre historique de transaction

• Toujours vérifier le statut des différents réseaux et routeurs avant de transférer vos fonds

• Rejoignez notre communauté discord pour plus d’aide au besoin 🤓

  Article rédigé par :

• discord id : nour#4667

• Twitter : @noureasy

DeFi, DAO’s and NFT’s are leading the way by attracting the most new users, new businesses and new use cases for a future digital economy.

• While a major part of the adoption have happened on Ethereum, we can see a shift & surge in adoption and use cases being build on Ethereum layers 2 and EVM, non-EVM compatible chains.

🔥 Here are the juicy stats !

• In January 2021, Ethereum Mainnet had around 97% of the Total value of assets (DeFi, liquidity) on the network, with all the limitation (high fees, costs and slow transactions) teams of developers have come with alternatives.

Realizing these limitations has led to a new phase and paradigm of adoption : Users and Developers are now aware of new uses cases and utilies with new blokchains and Ethereum layers 2 which has bring a new phase of Crosschain/Multichain adoption as 26+ billions dollars of assets were moved away from ethereum in December 2021. As of now on the 29th June 2022, we can see that more than 36% of the value have move to different chains such as : BSC, Avalanche, Solana, Polygon, Fantom and Arbitrum.

With more than 400 companies building on Web3 at the end of 2021, a combine marketcap of more 27 billion dollars of Web3 companies and the word Web3 being research at his peak at around 200,000 monthly Google searches in December 2021.

https://www.soocial.com/web3-statistics/

An estimate of 34000 developers building Web3, we can’t deny that a Future for mass adpotion is now crosschain, as new use cases like Metaverses and gaming are in need of using different blockchain networks to take advantage of the features and benefits of each chain and network.

What is Connext ?

• Connext is community driven network protocol that allows the liquidity of assets to flow accross different chains. Connext Network is contributing actively to achieve this goal having been able to this day to serve more than 10,000+ users and projects bridging there assets between different chains network. Connext has been able to reach a staggering volume of 65 millions dollars of liquidity flowing accross its network with around 650,000 transactions since the launch of the network.

• Connext is not only a bridge but more so a protocol as even developers can leverage the Connext interoperable designed technology called “Xapps” to launch a crosschain Dapp that is fully responsive and crosschain while minimizing security threats.

• Instead of launching into separately between multiple chains, you can create a seemless central Xapp deployed on multiple chains

In Crosschain interoperability connext assess a Trilemma based on : Trust, Generalization and Extension. The Connext architecture Model is based on modularity which maximize

Connext Ultimate Goals :

1. Make sure to empower users to easily use Dapps accross different chains, moving there assets at a fraction of the cost giving them the option to choose safely there route like a highway with different time estimation, costs and destinations.

2. Allow developers to use and build Dapps that are seemlessly crosschains, making it easy to deploy smart contracts by allowing a central crosschain secure execution. Developers can now launch a responsive Dapp accross the chains of their choice thanks to connext.

3. Creating a safe and seemless interoperable Web3 ecosystem for crosschain applications minimizing the reliance of third parties for security and allowing a deployment that is universal accross the chains.

How does the magic work ?

The current model unlock a unifiying crosschain liquidity layer. It solves the problem that current bridges have : Nowadays most current bridge solutions are specific to only some chains or/and are limited to specific assets and/or limited to specific uses cases.

Connext is creating a Unified Layer of liquidity that will allow in the future the transfer of a vast type of assets such as tokens and NFT’s (currently on testnet) accross the all the major chains with currently 17 chains supported.

Being more than a general bridge, Connext can be define a liquidity network

Why it is crucial for Web3 adoption ?

Defi hacks are on a rise in the past years with more than 322 millions $ hacked on the famous Ronin Bridge hack, security is the most crucial aspect for a crosschain future.

https://blog.chainalysis.com/reports/2022-defi-hacks/

That is why Connext approach is by designed focus on risk mitigation. The current Architecture allows that to be possible, with the launch of Amarok the network just got more efficient. It will to create new blockchain interoperability stack with multiple layers.

Connext is optimizing the crosschain Trilemma by :

• Being trust-minimized by not relying on trusted 3rd parties for the network security ✔️

• Being Extensible : Allowing the fast and easy deployment of new rollups/chains ✔️

• Being Generalizable : Supporting the transport of arbitrary data accross different chains ✔️

The base of Connext security is based on “routers” currently there is around 47 routers that are the backbone of the network which are separate liquidity providers, they operate as nodes with strict requirement and relay funds and data cross the different chains which in return get rewarded from network fees.

And the other base is, According to the founding Team “the modular architecture that is composed of different communication protocols layered on top of one another”, enabling the transfer of value.

Furthermore, Fund security is guaranteed by the underlying blockhains.

💡 What can i do with Connext ?

You can start using it now to bridge your asset between different chains in a non-custodial fashion having the peace of mind that your funds are #SAFU here :

Feel free Join our Discord Community

• Ressources :

  https://wiki.connext.academy/what-is-connext

• Build your XAPP

https://twitter.com/ConnextNetwork/status/1498650721004236801?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1498650721004236801%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcdn.embedly.com%2Fwidgets%2Fmedia.html%3Ftype%3Dtext2Fhtmlkey%3Da19fcc184b9711e1b4764040d3dc5c07schema%3Dtwitterurl%3Dhttps3A%2F%2Ftwitter.com%2Fconnextnetwork%2Fstatus%2F1498650721004236801image%3Dhttps3A%2F%2Fi.embed.ly%2F1%2Fimage3Furl3Dhttps253A252F252Fabs.twimg.com252Ferrors252Flogo46x38.png26key3Da19fcc184b9711e1b4764040d3dc5c07

• Article written by :

  • discord id : nour#4667

  • Twitter : https://twitter.com/noureasy

Le nouveau paradigme de la souveraineté, décentralisation de vos actifs n’est désormais plus un mythe.

• Cette révolution ayant eu lieu particulièrement sur Ethereum, ces Layers 2 ou les blockchains compatible la machine virtuelle D’ETH ou EVM.

• La Finance Décentralisée et les NFT dominant en attirant la quasi majorité des nouveaux utilisateurs. De nouvelles opportunités, de nouveaux écosystèmes et des utilités se créent autour d’un monde allant vers la gestion digitale des actifs.

Ces nouveaux catalyseurs ont aussi apportés d’énormes risques, on a pu voir la disparition de milliards de dollars en actifs avec les différents scandales concernant les vols ou piratage de certaines App ou plateformes affectant des tokens, NFT’s ou de la liquidité. Ces menace ont pesé un énorme stress sur le marché des cryptos.

Avec les dernières statistiques évaluant les vols de crypto monnaies ou actifs digitaux à plus de 3.2 milliards de dollars soit une augmentantation alarmante de plus de 516% depuis 2020.

https://policyadvice.net/money/insights/cryptocurrency-hacking-statistics/

https://twitter.com/pluggedinn/status/1495246939838840840?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1495246939838840840%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fmirror.xyz%2Fnoureasy.eth%2Fsr72Omb_sYkpKoEcR8gNmqSJoWls7B83Gu5BfQvs4Q4%3Ffbclid%3DIwAR3UBD8GfhvikhfbFbuoccLHAi-Y0D6af5jd4eTCxNe58KhvK8o8YBcNtCY

Cela nous mène à la question à un milliard de $$ !

• Comment protéger des milliards de dollars d’actifs en utilisant en utilisant le pouvoir des « smart contracts »

Gnosis Safe a certainement la RÉPONSE. La plupart de la sécurité des projet actuels repose sur l’audit, la robustesse du protocol ou de la plateforme. Cela n’enlève pas le risque de faille et de vulnérabilité au niveau des contrats qui même souvent audités pourrait laisser certaines failles car la technologie évolue et les hackers deviennent de plus en plus intelligent.

C’est pour cela que Gnosis Safe a concentrer tous ses efforts ⚙️au cours des dernières années à trouver une solution à la source🌱*.*

BREF Gnosis Safe, C’est Quoi ?

Tout l’Ethos du monde crypto repose sur la possibilité entre différents acteurs (utilisateurs, investisseurs, DAOs, protocoles etc.) de pouvoir opérer de façon décentralisée sans avoir à confier sa sécurité à une des parties.

Gnosis Safe 🛡a créer et déployer une solution des plus sécuritaires avec l’approche de sécuriser par défaut les portefeuilles en combinant le pouvoir des smart contracts, la sécurité de Ethereum et la magie des portefeuilles à signature multiples.

• Aujourd’hui, ⚠️ 99% des utilisateurs cryptos utilisent une clé unique 🗝sécurisée seulement 😢 par une clé privée et/ou une seed phrase qui dès lors qu’elle est compromise pourrait occasionner la perte de tokens ou autres actifs durement acquis.

• ✳️ Gnosis Safe change cela ! Maintenant un utilisateur peut créer un portefeuille smart contract qui fonctionne comme un coffre-fort. Ce portefeuille peut-être signé✍🏽 par plus d’un seul utilisateur avant d’approuver une transaction📝. Cela signifie que tu peux créer un portefeuille totalement souverain et décentralisé signé par différentes parties avant d’effectuer une transaction.

Utilisez Web3, vite fait, bien fait !

• Vous devez sûrement vous demander quelles sont les utilités ?

Le coffre Gnosis Safe a des utilités infinies car on ajouter autant de signataires ou co-propriétaires que l’on veut, de la même façon on peut aussi choisir combien d’entre eux au minimum devrons signer une transaction pour qu’elle soit approuvée.

• Des DAO (organisations autonomes décentralisées) ou des compagnies peuvent maintenant exiger que la majorité des acteurs approuvent une transaction avant que des fonds soient transférés réduisant drastiquement la nuisance des comportements malveillants de certains acteurs. Même si une clé est compromise cela ne compromet pas la sécurité du wallet.

• Un particulier peut utiliser un Gnosis Multisig, y ajouter plusieurs clés pour créer le Gnosis Safe : cela lui permettrait, par redondance, de récupérer ou toujours avoir accès à ces fonds à travers les autres clés : Comme une double clé d’une porte.

• Cela permet aussi l’exécution des transactions les plus sensibles en toute sécurité et avec le consensus de la majorité des parties.

À qui bénéficie Gnosis Safe ?

• Un noob ou débutant : tu peux prendre la bonne habitude de crée un Safe avec plusieurs clés. La bonne nouvelle c’est que ton portefeuille fonctionnera avec tes Dapp préférées :).

• Un créateur ou dev : Tu peux dès maintenant créer, tester et deployer une Dapp sur la platform Gnosis safe en quelques minutes (instructions disponibles sur ce lien).

• Une famille, un groupe d’amis ou un couple : on pourrait imaginer un future ou les actifs digitaux, tokens, NFTs et données personnelles seront conservés de façon sécuritaires durant de longues années avec un coffre Gnosis.

• Un DAO peut utiliser Gnosis multisig pour gérer sa trésoreries, exécuter des transactions de façon sécuritaires et même voter sa gouvernance et gérer sa liquidité.

• Une compagnie comme un fond d’investissement, un échange centralisé ou une start-up peut gérer avec assurance 🔐 ses actifs digitaux en utilisant Gnosis comme un « portefeuille froid ».

Vous comprenez à quelle point c’est important , avec un écosystème Gnosis devenu grandissant et populaire.

Joignez-nous ici.

Faits Intéressants :

Vous pouvez maintenant regagner la souveraineté de vos actifs digitaux tous en gardant votre confidentialité grâce à une solution open source, très peu coûteuse avec des signatures sans gas et l’intégration de plateformes DeFi, la possibilité d’y garder vos NFT convenablement.

✔️ Bonne nouvelle, il ne vous faut qu’à peine 60 secondes ⏰ pour créer votre Gnosis et être SAFU pour de bon.

Gnosis supporte ta chaine préférée : Plus de 9 réseaux tels que Optimism, Ethereum, Arbitrum, Polygon etc.

✔️C’est aussi compatibles avec vos portefeuilles favoris que ce soit un wallet mobile, sur une extension d’un navigateur ou un hardware physique : ils sont tous compatibles ! (Metamask, Ledger etc.)

Avec la disponibilités sur la plateforme des Dapps les plus populaires, avec de plus en plus de dApp à venir.

Utilisez dès maintenant en téléchargeant la version mobile sur votre téléphone, en utilisant directement l’application sur votre navigateur web ou même en téléchargeant la version Desktop.

En février 2022, Gnosis Safe a franchis la bar montagneuse de + de 100 milliards de dollars en actifs sécurisés par Gnosis Safe achevant un nouveau standard pour la sécurité Web3, dans son combat pour la souveraineté digitale.

https://dune.com/tschubotz/gnosis-safe_2

Rejoins le mouvement et devient ton propre gardien !

Crée ton propre Coffre Gnosis Safe, ici :

• Ressources :

https://forum.gnosis-safe.io/

• Disponible sur l’App Store :

https://apps.apple.com/app/id1515759131

• Disponible sur Google Play :

  https://play.google.com/store/apps/details?id=io.gnosis.safe

Rédigé par :

• discord id : nour#4667

• lien twitter : https://twitter.com/noureasy

These major innovations have led also to enormous risks : we have seen billion dollars worth of assets vanished with different platforms hacked occurring, stolen NFT’s, tokens and liquidity theft which led to major stress and pressure applying in these markets.

Statistics showing that Cryptocurrency theft has increased by a staggering 516% since 2020, with $3.2 billion worth of cryptocurrency being stolen.  

https://policyadvice.net/money/insights/cryptocurrency-hacking-statistics/

https://twitter.com/pluggedinn/status/1495246939838840840?s=20&t=ASqwszgvbc4A4iua7Z1VEg

This leads us to the billion dollar question ! How to securely manage billions of dollars worth of assets with the power of smart contracts ?

**Gnosis Safe **may have that ANSWER. While every other project has been working on relying on the safety of their protocol or platform. There is always a vulnerability (even if it’s still needed) as the technology evolve, hackers get smarter.

That is why Gnosis has been focused and working for years ⚙️ on solving the problem at the root.

What is Gnosis Safe ?

All the Ethos in crypto rely on different actors (users, investors, DAO’s, protocols etc.) being able to operate in a trustless and decentralized manner. 

Gnosis designed & created a secure solution with the approach of securing different parties wallets using the power of Smart Contracts , the security of Ethereum and the Magic of multisignature wallets.

• ⚠️ 99% of Ethereum users are using a 🗝 single key wallet 😢 secured by a seed phrase or/and a private key, which if compromised will cause the lost or theft of hard earned assets.

• ✳️Gnosis make this change ! Any user can now create a smart contract wallet that can be signed ✍🏽 by more than 1 user or wallet. Meaning you can know create a self custody wallet that will need to be sign by different parties before approving a transaction.

Use Web3 securely and easily :

So let’s dive in, What are the use cases ?

The use cases for Gnosis are infinite so you go with your own creativity as you can add as much signer or owner of the wallet as you want, you can decide how many of them need to sign or confirm a transaction for the transaction to be approved. This will be by default & design when you create the Multisig Safe wallet.

• DAO, protocols and companies can now require majority of actors to approve a transaction before funds can be transferred reducing drastically malicious activities or bad behaviors.

• A common user can now use a multisig Gnosis for recovery, with keys redundancy, you can add multiple wallet signers for the safe, so if you lose one of them you still have the ability to recover it with others wallet addresses. 

• It allows very sensitive transactions to be executed with consensus and decision of majority of parties.

Who is gnosis for ?

• A noob or newbie : you can now set up your wallet with different recovery signer wallets . The good thing is that you can use your gnosis wallet with your favorite DAPP. 

• A builder : You can now create, test and deploy your dapp on Gnosis safe , it only takes a few minute to launch your dapp on the Gnosis Safe platform, see how here .

• A family, a group of friends or a couple : you can imagine a future where inheritance of digital assets such As tokens, NFT and private data or assets can be stored safely for years to comes.

• A DAO can use Gnosis multisig to manage DAO treasury, execute sensitive transactions safely, voting using owner signatures and even managing liquidity.

• A company such as a Fund, a CeFi exchange or start up can safely manage assets and use Gnosis Safe as a form of long term cold wallet.

• A charity can use it to receive funds and move safely funds.

You see why it is so important, as the Gnosis Ecosystem is growing in popularity. Everyone is welcome to join even degens 🤓.

What do you need to know ?

You can now truly regain the power of self custody of your assets in a private manner, with an open source smart contract solution, designed to be costless with gasless signatures and supporting DeFi integrations & NFT’s storage.

The good news is that it only takes 60 seconds ⏰ to create a Gnosis and get SAFU :). Gnosis supports your favorite chains : Up to 9 chains such as Optimism, Ethereum, Arbitrum, Polygon etc.

✔️ It is also compatible with your favorite wallets from a mobile wallet, to a browser extension wallet or even a hardware wallet such as Metamask, Ledger etc.

The most popular Dapps are available for you to use with your Gnosis Safe. With more Dapps to come in the future from : DeFi, Governance to NFTs.

You can use it by downloading the mobile version on your phone, using it directly on the browser web app or even by downloading the Desktop version.

https://dune.com/tschubotz/gnosis-safe_2

As of february 2022, Gnosis Safe crossed the bar of more than 100 billions $ 🎊 of assets secured achieving a new security standard in the noble combat for Web3 ownership.

Join the Movement and be your own Guardian !

Create your Gnosis Safe here : 

Feel free Join our discord Community

• Ressources : https://forum.gnosis-safe.io/

• Download on the App Store :

  https://apps.apple.com/app/id1515759131

• Download on Google Play :

  https://play.google.com/store/apps/details?id=io.gnosis.safe

Article written by :

• discord id : nour#4667

• Twitter : https://twitter.com/noureasy

The goal of this paper is to learn from successes and failures of different DEFI DAO’s policies in order to help the current state of Sacred Finance policies. We will then give suggestions on solutions to implements.

TREASURY

Supply Distribution and tokenomics play an important role in the success and growth of a project. Therefore it is important that the treasury of Sacred DAO is well distributed, vested with a thoughtful issuance schedule and smart policies.

Tokenomics should promote a growth environnement by being able to thrive in a volatile market.

Governance & Distribution :

This come by assessing the risk and using different mechanism to prevent them.


 Among the risks, we can identify multiple risks in DEFI that different DAO’s have been facing in the past years, here are some example :

• liquidity risks, smart contract risks, vampire attacks etc..

To get protected, a protocol should get audited by top external teams in the space such as Certik and also planning on having additional integrations with some hack mitigating platforms such as Loseless which is important for the security of a Defi DAO.

Sacred DAO in DEFI should also get protect against vampire attack. Some of the most famous attacks such as Curve finance DAO attack by Swerve, the good news is that it is preventable by having good tokenomics, a thoughtful token issuance process and a good distribution.

For a good protection, Sacred DAO should also have a good reserve of liquidity from the treasury to weather any storm and to provide users with dynamic and changing incentives to attract liquidity that will remain on the protocol long enough.

Distribution should be done with a scheduled issuance and also following a bonding curve model, the model of XOR can be used in this case, this will allow the token to thrive in volatile markets of booms and busts. The bonding curve will allow prices to follow an elastic supply or demand.

https://wiki.sora.org/token-bonding-curve

What we can see in most of successful crypto projects is a slow and steady issuance with issuance growing at a slower rate to avoid too much inflation. A large portion of tokens should also be devoted towards program, grants, funding and treasury. For example, Curve DAO has a diminishing rate issuance of 2¼ a year which mean the entire supply will not be issued in more than 300 years.

https://decrypt.co/38352/crv-distribution-everything-you-need-to-know

Distribution could happen through anonymous liquidity mining.

Furthermore, the 2 tokens design is new and also showing good outcome such as LUNA and UST. Sacred could have a same relationship with Incognito Credits. Only one token should have an appreciating value, while the other would have a fixed conversion relationship with the other.

This graph is showing the most common of token issuance model, today in crypto :

https://medium.com/indexcoop/introducing-the-index-cooperative-a4eaaf0bcfe2

https://near.org/blog/near-token-supply-and-distribution/

https://decrypt.co/38352/crv-distribution-everything-you-need-to-know

https://thedatascientist.com/next-generation-tokenomics-considerations-aspiring-blockchain-projects/

Governance and Voting :

This can be used as an example of governance:

https://twitter.com/bneiluj/status/1277941898230091776/photo/1

The $Sacred DAO should maintain at all cost a liquidity reserve that will be used for the protocol development such as voting power, liquidity pool management, incentives management.

This mean around x% of the token should be reserved for future development as governance will use these tokens to help balancing liquidity pools weights on the protocol.

I would advice team members to take a look at the Gauge Weights model used by Curve.

(Ressource : https://resources.curve.fi/reward-gauges/gauge-weights).

In this model, voting brings inflation necessary at a low and controlled rate to rewards voters who locked there tokens and help protocol governance in the long run.

Community members, investors, team members and foundation will be eager to lock their token because they believe in the future of Sacred and will get rewarded by receiving tokens from the reserve, in addition they can receive boosted rewards for the liquidity they provide.

This will allow proposals, upgrades and program being approved on-chain. Users can choose to vote or delegate their voting power by following the DAO treasury automatically or by using their own vote, this can be done freely with the Snapshot tool integration.

We should oriente user in Sacred Finance towards the right behaviors, as voting is one thing, but incentives should also be towards value producing of the protocol. This can be achieved by putting long term incentives in place.

Venomics is taking over Defi, with the voting escrow model that allow users to earn higher and more stable rewards.

Sacred team is highly encouraged to take a look at this new model :

https://beincrypto.com/venomics-taking-over-defi-as-new-model-for-earning-more-rewards/

https://www.coindesk.com/policy/2021/04/12/defi-governance-needs-better-tokenomics/

• The FEI protocol failure shown that not all governance should go to voting rights as it can sometime produce an inverse effect. 
 A DAO should also allocate from the beginning to promote developer funding, branding funding that could be outside of the scope of the voting power to avoid short terms decision making or malicious attacks.

Delegation can prevent those attacks as community member can delegate their voting to trust parties such as founders, or DAO treasury. Other mechanism advised by Vitalik, are the « limit governance » model, where some parameters are fixed in the protocol itself.

The other model is the one from GEB, where governance has control over fewer features with time or even a delay time mechanism when voting.

Some other hybrid solutions that can be used for governance are « reputation » or special elected governors.

Advisory votes are also used to mitigate risk when voting doesn’t directly implement a proposal, instead it will only be created to make its outcome public and transparent to build legitimacy and then implementation will be off-chain governance to make that change.

https://vitalik.ca/general/2021/08/16/voting3.html https://docs.reflexer.finance/ungovernance/governance-minimization-guide

YFI has also worked on adopting this tokenomics mechanism initiated by Curve Fi.

https://gov.yearn.finance/t/yip-65-evolving-yfi-tokenomics/11994

Rewards and Incentives :

Rewards are one of the major forces a DAO can use to incentive token holders, Sacred DAO can for example give an x% of the income and fees with Sacred Holders. For example 50% of Curve Trading fees are distributed among VeCrv holders. 
 Sacred DAO could use similar mechanism by introducing Staking ,Vote Locking and Boost programs.

These mechanisms are being successfully used among different DEFI protocols. The double incentive mechanism make it easier as Incognito credits and Sacred tokens will have different utilities.

Incognito Credits in this model can be used as the rewards with a conversion mechanism or claiming mechanism with Sacred tokens.

Voting tokens can be locked in different times frame (4 weeks, 3 months, 6 months, 1 years etc), the greater the lock the better the rewards. The locked Sacred can also earned additional boosted rewards from the liquidity they are providing.

This ensure the constant growth of TVL, by locking of tokens which will lead to a more stable environnement.

There is a saying from a famous VC « who says whoever control liquidity control DEFI ». Liquidity mining will be one of the Sacred mechanism to attract liquidity but it should come along a voting and locking mechanism so deposit have additional utility and are aligned with long term incentives.

Here is an article on Curve War which show how excellent tokenomics help a protocol thrive and being profitable for the community as a whole.

https://tokenbrice.xyz/crv-wars/

Here is an other article on detailed calculation used by convex finance to achieve sustainable growing revenue.

https://medium.com/@portiadog/convex-finance-1cc6c9c1c733

In the case of an attack, an Emergency DAO committee should be in place to make sure any takeover is solve by the foundation.

Fees :

To prevent the DAO from liquidity risks, malicious voting and flash loan attack, the fees structure should always attribute at 50% of the fees to the Sacred DAO. Fees are collected from depositors, liquidity providers, we can even think about a higher fee or tax for users who remove liquidity early setting up a maximum and minimum fee.

Fees should also come from liquidity pools, deposit into the protocol, volume can be a non-negligeable extra revenue for the protocol.

Swap features between pools or on the protocol will also allow to generate trading fees : for example swap between stable, or between token anonymously. This will be an additional stream of income for Sacred Finance.

• 3 Parameters are important : Deposits amounts, volumes, liquidity pools and deposits amounts. These will be used to align with rewards, APY, Voting, Staking rewards in form of Incognito credits.

A Burning Mechanism can be put in place, and fees could be used to do buy back program of Sacred token which will be bought back from the market and burned to prevent too much inflation and protect token holder. This can be a fixed (fix percentage of fees) or a variable mechanism (in a timely manner such as a quarterly voting on token burning).

Utility :

Sacred should be used to govern the protocol who act as privacy DEFI token who has the utility of incentivizing liquidity on the platform but also users and community involvement.

Sacred Depositor will get IC credits by depositing their sacred on the platform and then more rewards by Locking, staking SACRED tokens with incentives on the duration of the deposits. SACRED token could be used and distributed as rewards for liquidity providers on the platform.

As mention by Vitalik, the long term success of a protocol will rely on its ability to integrate as tools with other existing protocols, the privacy and Zktech offering being the main driver, and the right incentives in place maintaining a liquid environnement.

Integration with existing solutions such as Lido could be a good solution to attract and build liquidity with staking.

https://twitter.com/VitalikButerin/status/1229819782230241280?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^1229819782230241280|twgr^|twcon^s1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Ftorn-soars-200-as-tornado-cash-s-governance-token-becomes-tradable

Stablecoin Strategy :

A great way of starting to attract liquidity would be with stablecoins, by attracting stable liquidity from Sacred users and community members to get the joy of privacy and earning Sacred or Ic credits while doing so.

Multiple pools strategies should be in place for stablecoins. Stable are a growing market and a source of opportunities. Partnership with existing market maker defi protocol would also be a great idea for Sacred.

Community

The Sacred community should be the reward for their contribution with an x% percentage of the supply, the will allow long term incentive protected by early adopters who understand the vision and will also allow them to participate and be the 1st users of the platform, allowing them to attract liquidity and also making them spread the word of mouth. They will be more align with long term incentive protecting price and growth.

The reason Early contributors and community governance is important, is to allow for decentralization of the protocol and a good spread of the distribution of tokens. The community will allow more trading and circulation of the tokens, which is important for token pricing and liquidity.

• Conclusion : Zktech and Privacy is with no doubt the future, Sacred is working on a novel tech and will need strong and thoughtful policies based on successful and stable model to thrive.

WAGMI !