looking for somewhere to be useful || used to do (mostly gov) stuff @vertex_protocol @MetricsDAO || aka @ananthnann https://xitter.cf/t.co/7NZ5vRGeYo https://xitter.cf/t.co/Zp8xKBWvDl
Joined August 2021
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ananth retweeted
People who dismiss or mock CROPS properties because today’s semi-decentralized institutional chains are working well forget two things: a) governments change, and b) the current US administration has been not only friendly toward crypto, but also max-extractive. It seems pretty obvious that sooner or later, future regulators will respond with retaliatory measures. If I had to guess, they will come as low-level compliance restrictions imposed through centralized entities. Look at Europe’s MiCA and some of the recent policy ideas there for a sense of where this can go.
The only real escape hatch is truly decentralized infrastructure. You can’t enforce something that is unenforceable by design. But it needs to be built now, not once those restrictions are already in place. No one will want to break something that is already working, but old-world regulators will be very keen to plug every loophole tested after the next wave of regulation.
That’s why it is so important to have a truly neutral and permissionless Ethereum, and to build the structures on top of it the right way.
ananth retweeted
crypto news is a hard business.
particularly without succumbing to paid promotion
@dlnews was great, and I'm sorry to see them go
we need to figure out how to actually fund the news
This quoted post is unavailable.
ananth retweeted
We’re thrilled to unveil our new Interactive Interop page - a visual map of how value moves across the ecosystem.
The ecosystem is no longer a list of silos. Our interactive hub lets you visualize the connections between 15 chains and 33 supported protocols. 👇
ananth retweeted
🗳️ With @tallyxyz winding down, delegates and token holders need reliable places to participate.
Multiple independent frontends aren't just nice to have, they reduce single points of failure.
🔗 Anticapture is now available as a governance interface:
anticapture.com
ananth retweeted
The most amazing thing about this Hyperliquid governance thing is that there are very serious people with very serious backgrounds who have now have no choice but to read through Discord posts made by some guy named “big mamba” and strategically lobby a guy pretending to be a cat in order to win a multi billion dollar for magic dollars on the internet
ananth retweeted
.@Safe leads the way in wallet infra, revolutionizing digital asset ownership.
- Over $70B in assets secured
- 67% increase in active users quarterly
- Enhanced security, advanced access control
As dedicated Safe users, we built our own module in-house: zkSafe
What it is ↓
ananth retweeted
Today, we're announcing the next step forward in onchain governance: The Tally Protocol.
The Tally Protocol fully actualizes the value of the systems that token holders own and participate in.
The Tally Protocol unlocks the economic potential of governance tokens by providing a liquidity layer for governance staking and restaking, while optimizing the distribution of voting power to drive economic security back to blockchain protocols.
The Tally Protocol
✤ Creates a smart contract layer that allows DAO token holders to mint Tally Liquid Staked Tokens (tLSTs), which make it easy to earn rewards while maintaining voting power and unlocking additional yield opportunities elsewhere.
✤ Enables governance restaking. Users can stake their governance tokens with Tally and receive a tLST in return that can be deposited in restaking systems. The voting power associated with the governance token remains active.
✤ Increases DAO security. Even the largest DAOs today are at risk of attacks due to low participation in governance. The Tally Protocol reactivates voting power held dormant in DeFi smart contracts and centralized exchanges by returning undelegated voting power to the DAO for redistribution. Undelegated tokens staked in the Tally Protocol are also returned to the DAO for redistribution. This way, DAOs can maintain control over their own security while enhancing token utility.
✤ Incentivizes effective governance. The Tally Protocol ensures token holders no longer have to choose between governance and financial utility. By requiring token holders to delegate to an active participant to earn staking rewards, voting power remains with active DAO voters, enhancing security against malicious attacks and preventing passive governance.
✤ Sustainably incentives DAO delegates. The Tally Protocol creates a fair and transparent mechanism for rewarding active delegates. The modularity of the protocol allows DAOs to experiment with new mechanisms and designs for compensation.
Tally is leveraging its deep expertise, experience, and partnerships to bring the liquidity and security layer to DAOs everywhere. The Tally Protocol is permissionless and open source, and we’ll deliver it to everyone all at once via the Tally platform.
We started @tallyxyz 4 years ago with a mission: to scale human coordination by enabling credibly neutral governance. Today, over $30B is managed by DAOs on Tally and over $661M has been transferred on Tally by the category leaders of crypto.
We’ve partnered with @ScopeLift, the leading governance smart contract development team, to bring the Tally Protocol to life. ScopeLift developed Unistaker and Flexible Voting, foundations upon which the Tally Protocol is built.
Together, we’re going to take DAOs to the next level.
Welcome to the future of decentralization.
ananth retweeted
"Wormhole, Tally, and ScopeLift Announce ‘MultiGov,’ the First-Ever Multichain Governance System"
we've joined forces with @wormhole & @ScopeLift to introduce the onchain world to multichain governance!
read & mint the announcement ⬎
tally.mirror.xyz/peHXv-1Bv4R…
ananth retweeted
Is your venture looking for funding?
Our ArbitrumDAO Co.Lab entrepreneurship program is looking to fuel a promising collaboration tech venture with 50k ARB tokens and $100k’s worth of hands-on network support.
Apply here: bit.ly/3Sp6ZD0
What's involved? 🧵👇
ananth retweeted
Announcing our first program:
Uniswap Hook Incubator 🦄🪝
An 8-week program to help advanced DeFi devs build hooks, @Uniswap v4's flagship feature.
We're proud to be supported by a grant from @UniswapFND to cover costs for participants
Apply by March 29th. [Link in bio]
ananth retweeted
If you’re going to launch a points system but not actually drop a token, you should go ahead and tell us now because a lot of us have blocked off chunks of our calendars this year to participate in governance. Can’t even send out calendly links right now in case I need to govern.
ananth retweeted
2024 is the year that will define the rest of my life.
Honestly, I’m scared. But also hopeful that this community cares with a passion.
Please donate towards my legal defense.
wewantjusticedao.org/
ananth retweeted
Infinite Scribble is down to two days left.. here's the latest, #3852, minted by @plaintextbread, a simple layout with thick splattered lines.
If we mint one more and extend the window, we can make it to the 1 year anniversary!
ananth retweeted
financial technology and money generally might seem like a separate thing from civics, but ask yourself, how exactly are you going to organize a protest, disseminate opposing views, receive healthcare, or do just about anything without touching some financial or technological rail?
