1/9 🎉 Exciting news! Defolio has officially launched on
#Lukso
!
We're thrilled to introduce Defolio V2 - reimagine your digital presence management. Join us as we recap our journey and showcase Defolio's features. Get ready for a new era of Web3!
#DefolioLaunch
#Lukso
#LYX
Working on existing Uniswap V2 and V3 contracts and interface to fit it with LSP7 and LSP8 standards. First commits rolling out as we speak.
Lmk if you're a dev and want to buidl something amazing⚒️
Merry Christmas to everyone🎅
#LYX
#LUKSO
1/9 I want to share my thoughts on the ongoing situation regarding $LYX and Lukso ecosystem as a whole.
We've seen price go down below $7 and this filtered out some players, but also caused OGs and true believers of the tech to be fed up with the stagnant ecosystem...
Absolute legends!
"Compiled 134 Solidity files successfully"
After 2 all-nighters & a bunch of Redbulls, we got it working.
Time to look for auditors.
No backwards compatibility, pure LSPs.
No V2, pure V3.
We'll also be deploying new demo version of Defolio for Ethdenver.
You're not ready for this. Really.
This thread will be very long but worth the read. I'll be diving deep into the topic with examples and in-depth explanations.
Get comfy...
LUKSO's main selling points are LUKSO Standard Proposals.
From Universal Profiles, to LSP1, to keymanager, to vault, to relayer and much more.
Albeit, tokens can be used to build communities, ultimately desperately launching memecoins (shitcoins) to mimic Solana & Base - won't
1/3
I've been going through DeFolio again writing down improvements & ideas. The list has gotten pretty big.
To actually develop the Dapp that'll be used by every UP user to manage their UP will require a lot of resources and time...
What
#PINKMONEY
lacks on LUKSO is an organized community.
A community of DeFi enthusiasts that would be able to:
- Pink pill
- Help new comers with acquiring LYX
- Answering questions
- Explaining new features
- Providing resources/links
A place where you've all the
Defolio beta is LIVE!
Only if you're fancy enough, though.
We've a lot in works, this is just the beginning. Will be rolling out updates weekly, so make sure to follow
@defolio42
for the latest news!
#lukso
#defolio
We've a new team member working together with us to bring a whole new Dapp experience to Lukso!
@nato12001
joined as Product Designer, taking on the challenges of UI/UX.
Welcome Nato! Interested to see what we cook up in here🧑🍳
We are working with a third-party on a bridge to ethereum with a very interesting architecture 🏛️
If this works out it will be the first trust minimized 👉ethereum to ethereum👈 bridge ever built on zero knowledge proofs!
This is getting me really excited, because safety is key
Don't think for a second that ERC-404 is innovative.
The only reason it became popular is because of good marketing with the help of influencers.
Nothing happens on accident. Every narrative has an author.
Watch the hype die down as they print more $$$
✍️ 🫵 calendars for tomorrow - 12:42 PM CET.
Fancy Panthers will be launching on
@_universalpage
🆙
Total supply - 199
Mint per wallet - 1
Mint price - 4.2 LYX
Read more about the drop👇
#lyx
#lukso
#universalpage
#up
Fancy Panthers officially SOLD OUT!
It took 199 Fancy UPs and 6 minutes & 30 seconds🤯
Thanks everyone for participating. we'll be doing a call to celebrate the mint and share some alpha!
Join
@CommonGround_cg
if you haven't already -
9/9 We'll be releasing our product along with documentation, video tutorials, medium articles, Q&As and will need the help of the community to spread the content we put out
Use Dapps on Lukso and their features as ammo🔫
Imo this is the way to go
We've rarely seen NFTs for the DeFi bros. These types of NFTs that are used within DeFi Dapps are mostly abstract/branded, but that changes with Lukso.
I can't share much for now. Stay tuned.
I've created a new chat specifically for buidlers in our
@CommonGround_cg
I'll be doing community dev call going over one of the tools we've built for
@defolio42
I'll be posting updates there, feel free to join in! (suprise guests?)
If you miss the call, no worries, everything
Today my theory of DAOs being money siphoning schemes for small groups of individuals was proven yet again.
When project whose website doesn't even work, has "Lorem Ipsum" as text and has single html page wins instead of a full-scale webapp...
Anyways, we're ready for BuildUp
#3
1/ I recently participated in latest
@buidlbox
hackathon hosted by
@ThankArbitrum
We spent about 2 weeks on the project, 250+ commits and the results were surprising.
I'll be going over the three projects within our category and comparing them OBJECTIVELY against ours...
2/3
Would you mint an NFT 2.0 for a small amount of LYX to fund the development of DeFolio?
The NFT would act both as an OG status, but most importantly, it'll grant exclusive access to features that otherwise regular users won't have...
Special thanks to
@jake_prins
- winner of previous Lukso hackathon & co-founder of
@_universalpage
- for sharing his experience and feedback during the
#BUILDUP2
Hackathon, which helped me focus on the right aspects of Defolio and use my time as effectively as one could.
3/3
LYX makes it possible with the current climate to actually build Dapps that will offer great flexibility and features that are actually useful to the user.
DeFolio would be the go to Dapp for every UP profile to manage not only their assets, but overall wallet as well.
Just finished writing up how it's possible to secure assets on smart contract based wallets (UP) even if private key has been compromised while retaining decentralized nature of blockchain based accounts.
Github readme dropping soon? Maybe. Maybe not.
Session Keys on Lukso:
Session key implementation on Defolio was very primitive.
Simply put, Universal Profile (UP) deploys the "Session Key Contract" (SKC) and attaches it to itself - similar to Universal Receiver (LSP1) - and grants it "Transfer Value" permission...
There might be a bug where Fancy Panther is not fetched with the balances. I'll have to report this with Lukso, maybe there's something wrong with LSP1.
I'll have news for tomorrow, you may not be able to use the Dapp until then since it's gated and has no way to verify holdings
Interesting that some people were asking
@_universalpage
guys to show "proof" of their audit (Upage had released the audit) but are blindly trusting someone's tweets on X that says contracts are audited (when the audit isn't even released yet)
Let's use same standard for every1
Expected to be in the top 10 but not
#1
!
Thanks to
@buidlbox
for hosting this amazing hackathon by
@lukso_io
It was fun hacking on Lukso using the latest LSP standards. A lot of potential to build next gen DeFi applications utilizing vaults and permissions to give an example
Massive congratulations to all our LUKSO Hackathon winners!🏆
It was incredible to see so many innovative projects being built during this BuildUP🩷
Don’t forget to join tomorrow for the community debrief, it’s gunna be fun getting all the juicy deets😎
38/ Lastly, I know it's a bit long and I might've left out technical details, but I tried my best to be as understandable as possible to the layman .
Fancy Panther is dropping tomorrow, limited to 199, 1 mint per wallet, check it out on
@_universalpage
The first community call after the beta launch is today!
12:42 PM EST | 6:42 PM CET
We'll be discussing the launch and what the future holds for Defolio!
Join
@CommonGround_cg
if you haven't already!
#defolio
#lukso
8/9 Community itself can do a lot! I've seen rugpulls reach new ATH just because the community came together and worked towards a common goal.
This is what needs to happen on Lukso...
Checkout our
@CommonGround_cg
announcement regarding the launch:
Expect bugs, the Dapp is still unstable, so if there are any major bugs, please do report them in our new CG chat called "Bugs" and we'll get back to everyone tomorrow!
6/9
@feindura
said in his recent tweet that Lukso relies on the $LYX token and its liquidity is determined by the market.
Which makes even more sense to have higher price action for $LYX as this can ensure sufficient liquidity to further fund the development...
Except for UPs created through
@_universalpage
's email login, can anyone use UPs on mobile on other Dapps?
I reckon everyone is using desktop for now, which will change after the mobile wallet comes out.
🧵There's few ways you can have ephemeral token approvals, meaning approved contract can only access your tokens for a limited amount of time, beginning from time when you want to interact with it to the approval expiring...
5/9 Meaning everything is... slower.
Lukso is hiring, but it's tricky. You want a specific type of developer who:
1. Understands the tech
2. And the vision
Finding a developer is already hard within the Web3 space, the pool shrinks even more with Lukso...
I don't think I can manage multiple X accounts for all the projects I'm working on/will work on.
For now I'll use my personal X account to post updates & announcements.
Join on
@CommonGround_cg
too if you haven't already:
4/9 Lukso's Approach
There are many great innovative things within the Lukso ecosystem - UP extension, Relayer, Recovery etc. and I believe more features will be shipped this year
But all of this is done by a handful of developers...
1/18 There's a lot of talk about approvals lately.
1. Protocol gets hacked
2. Revoke revoke revoke!
3. ???
4. Approve again
Here are few solutions:
- Monitoring & automatic revokes
- Permit2
- Session keys
Let's go through each of them and then I'll give my solution...
2/9 Price dump was due to multitude of reasons - other tokens pumping, staking drama, organized FUD from burner accounts, stagnant ecosystem and many more.
I can give my opinion on why these things happened, but I think it's more important to look forward...
Substream was a hackathon project that I worked on last year during
@Superfluid_HQ
monthly wavepool.
Since Lukso positions itself around creative economy, it seems like I might be revisiting Substream.
To learn more 👉
7/9 The overall focus within Lukso has been the "creative economy". That's what Lukso is focusing on, there's a lot of chains focusing on price speculation and degens, if that's your
@_CupCo
So here's what we'll be doing on our end...
New Standards
Episode 3:
@stephenahorvath
LUKSO Tech Lead and beyond.
OUT NOW!!!
Listen on your preferred podcasting platform today!
#BuildonLUKSO
$LYX
@ethalorian
I suggest
@natashalfawn
and others from Lukso to take a look at
@zksync
's timeline. They're really good at showcasing ecosystem updates, threads/tweets and marketing in general.
37/
1. Unlock UP wallet
2. Sign transaction
3. Provide 2FA code
4. Transaction sent & confirmed
This is truly the next step towards making our web3 wallets safe, but most importantly:
Self-custodial!
22/ While working on the AA wallets, I authored a Guardian mechanism for the said AA wallets.
Simply put, since AA wallets (like UP) are programmable, with my Guardian mechanism you can add other addresses that can help you:
- Lock the account
- Change the signer
etc...
When I need some motivation, I always go back to the ending scene of Wanted.
This movie was made when movies were movies and not propaganda or repurposed with same plot but different actors.
They don't make them like they used to.
As much as I agree with this post, I hope meme coins continue to thrive until end of 2024.
While everyone is focused speculating on template tokens, others who're building Dapps that are actually useful and are purely focusing on the development of these platforms will win out
IMO memecoins are destroying crypto.
I still maintain the opinion that memecoins are a net negative to this space.
They are disinteresting from a technical perspective and don't offer anything other than a pure ponzi.
They are predatory in nature and usually create a market
3/9 And by looking forward, I do mean analyzing the reasons behind the above and coming up with solutions
The conclusion I came to are mine, from personal experience and analysis. Feel free to critique or improve upon them...
@LukstaOnLukso
Yes! I'm aware! Meme coins on Solana and Base are just that - meme coins. Nothing more, nothing less. That's how Solana and Base attract users. LUKSO's identity shouldn't be meme coins, but LSPs.
8/8 And as always, make sure to drop a follow and also follow
@Defolio42
as well if you haven't already to stay up to date with whatever we're building.
@B33Fbanks
Basically imagine sending tokens to DEX contract with additional data like - what token you're sending, what token you want to receive, slippage tolerance etc.
The DEX contract then uses this data and tokens received to perform the trade and sends you back your desired tokens.