LAGO

Great article about our LAGO Pass by @coolhunting coolhunting.com/tech/lagos-nft… @niftyportal space attendees can RT + like to win a pass

TODAY at 2PM: Chairman @SECPaulSAtkins and @CFTC @ChairmanSelig will be discussing harmonization and their efforts to deliver on President Trump’s promise to make the U.S. the crypto capital of the world. Livestream: youtube.com/live/7jvfkuaV2… Event details: sec.gov/newsroom/meeti…

What a day for Blockworks data. 2 new protocol dashboard customers, 3 new enterprise @blockworksres customers. Team is on fire right now. Improve the data, improve the industry.

The number of Marinade stake accounts dropped from 500K to 200K. While still not ideal, this represents a significant improvement, bringing the total number of Solana stake accounts back below 1 million. Why are there so many stake accounts? Why +500K stake accounts in H1 2024? And what's the reason for the last cut? In summer 2023, Marinade introduced Marinade Native, a no-smart-contract way to automate Solana staking across multiple validators. Since there is no pooling, each user retains custody of their SOL and is assigned a stake account for every validator in the delegation strategy. With over 100 validators in the set, this means that there are more than 100 stake accounts for every Marinade Native user. With hundreds and eventually thousands of users, the number skyrockets. One of the main reasons for using Marinade is the automated delegation and rebalancing strategy. The protocol programmatically unstakes and stakes based on validators' performance, so users don't need to monitor it manually. Marinade's been covering all the fees for rebalance transactions, including the splitting of stake accounts, which were effectively free before 2024. Starting in 2024, every stake account split costs 0.0023 SOL. With thousands of Marinade Native users and around 1-2 validators getting partially rebalanced every epoch, settling all transactions becomes very expensive. Marinade switches its approach to creating five stake accounts per validator, so that there is no need to split when partially rebalancing from one validator to another. Unstaking 20% from one validator means deactivating one of the five stake accounts. The operational economics are feasible again, but this quickly increases the stake account number from 100K to 600K at its peak. Every bigger Marinade Native user would see 300+ stake accounts on their wallet. With many hopes for the redelegate feature or another workaround, Marinade ultimately agreed with the @anza_xyz team on a possible way to tackle this issue via the move stake feature. Nowadays, every Marinade Native user has a transient account that serves as a buffer for transferring stake and MEV rewards, significantly reducing the total number of stake accounts required.

@rasmr_eth I officially challenge you in a push up face off. 💪💪💪

😱😱😱😱😱

1/ Solana validators need stake to survive—but that stake isn’t created from thin air. For one to gain, another loses. In many ways, it’s a zero-sum game. 🧵👇

@MarinadeFinance has been preparing for the institutional staking world for this very moment. Ping me and learn how your @solana can be staked in the USA tax free. #solana #cryptoreserve @DavidSacks

Now, more than ever, Digital Art needs Digital Leaders. Today @jeannievu and I are happy to announce the founding of @LACMA’s Digital Leaders (LDL) to advise and support institutional digital art initiatives. This first of its kind patron group includes collectors, artists, and curators to connect the institutional and emerging digital art worlds.

Oops...the first thing I try to do on X and I screw it up! I accidentally deleted my last post about taking over the account: 6.5 years ago my wife created this X account to give me my voice back. All this time, she relayed my messages to you word for word. Starting now, MY fingertips are on the keyboard! Here we are, one week after my release, our prayers finally answered.

🫶🏼🫶🏼🫶🏼

Meet Ross Ulbricht He built the biggest Bitcoin marketplace When BTC was just $0.50. But was sentenced to life in prison for it. Here’s his story and why Donald Trump freed him🧵 (1/9)

🚨 BREAKING 🚨 COINBASE IS NOW REPORTEDLY “RUNNING OUT OF SOLANA” AS MULTIPLE USERS ARE NOT ABLE TO WITHDRAW $SOL EVEN AFTER WAITING FOR 12 HOURS. TRUMP BROKE THE CRYPTO MARKET

@jessepollak @surfcoderepeat @solana @ethereum @MarinadeFinance was built on @solana in a hackathon 3 years ago. They have around 2b tvl and no VC capital. - we live in a multichain world. I love ETH, and I love SOl. There’s a world where we can succeed together.

@surfcoderepeat @solana @ethereum retail/culture/live actors professional capital allocators are too conservative by default to be at this edge. has to be individuals who see the future and are unhinged enough to believe - like you and me :)

the #1 thing that @solana has right now over @ethereum is people with money who are willing to deploy in a risk forward way at the edge and thereby push forward innovation. this is how innovation happens — but it's often messy in a way that can turn folks off (eg it's "just speculation"). but the lack of this means less capital bandwidth for ideas and experiments to both get funding and to break through into virality via price. memes and the innovation downstream of them are a prime example of this. if @ethereum wants to succeed, this needs to change — and we are seeing signs of it on @base, but it's still early and we need a lot more help. so let this be a call to action: if you are someone who believes in Ethereum, holds significant amounts of ETH, and wants the economy to grow, now is the time to step up. I'm doing this every day with everything I have, and folks like @meowphasaurus have been leading from the front as well, but we need more people with the same mindset. if this is you, please DM or shoot me an email at jesse@base.org. will be coming up with a plan in the new year. 🙏🏼

Who’s staking @solana ?

@shahh Now use @MarinadeFinance and stake that SOL!!!

$80 to $1m In 2 days Only possible on Solana.

Curve Finance's Savings crvUSD yield-bearing stablecoin weaves a tapestry of interoperability across the DeFi landscape. As siloed protocols find common ground, liquidity flows freely, and collaboration blossoms. This innovative instrument charts a course towards a more interconnected, efficient future for decentralized finance. 🌉🌺

@JordanLyall @ProhibitionArt

Today, I’m announcing the wind-down of @ProhibitionArt and its parent company, Venture Punk Inc. This decision wasn’t easy, but it’s time to close this chapter. Prohibition.art will remain live through the end of the month, with final opportunities for NFT purchases and collection management until September 30th, 2024. Our goal is to ensure a smooth transition for artists, collectors, and the community, while preserving the legacy and integrity of the platform’s existing artworks. To all the artists, collectors, and supporters—thank you. Your belief in Prohibition and @venture_punk made this journey possible. I’m deeply grateful for the trust and creativity you've brought to the platform. As we approach the final days, Prohibition.art will remain operational until September 30th. Artists with active projects can choose to cap their editions or allow minting to continue via Arbiscan after the site shuts down. All onchain functionalities will remain intact. Thanks to our integration with @ArtBlocksEngine, rendering services and assets will continue to be supported—ensuring the art remains alive and accessible. Heart & Craft Update: Before the platform shuts down, @ArtOnBlockchain and I will each mint up to 1,000 additional NFTs for our personal collections, and the project will be capped at a final edition size. This ensures Heart & Craft’s legacy while giving the community a final opportunity to engage with the project. Although Prohibition is closing, the art lives on. Everything that exists onchain will continue to function, and I’m proud of what we built together. Thank you to every artist, collector, and supporter who helped shape this platform. Your creativity, trust, and enthusiasm are what made Prohibition special. While this chapter is closing, I remain excited about the future of digital art and NFTs. I’m already working on new ideas and exploring fresh opportunities. If you’re interested in collaborating, exploring new opportunities, or simply chatting about the future, don’t hesitate to reach out. Thank you again, and onward to what’s next. 💜

Sherlock is working to be even more open and transparent meanwhile other platforms are trying to monopolize your Twitter bio and make you sign an exclusivity agreement 🌗

The early #web3 wallet wars circa 2018/2019 @portis_io @fortmatic @authereum @toruslabs @Squarelink_Inc @bitski Soon after @ShapeShift acquired Portis and became the decentralized shapeshift we all know and love today!

BREAKING NEWS 🚨 The SEC could approve Ethereum ( $ETH ) ETF as soon as July 4, per Reuters.