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Dean's Letter Issue #3

Empowering Solana's Power Users

Welcome to the third edition of Dean's Letter!

It was an exciting week for Solana, with several significant events taking place, such as the release of the Solana SAGA phone and the Mad Lads NFT mint. Meanwhile, the Dean's List DAO was also busy with important developments, having just concluded gathering user feedback for the xNFT Backpack wallet!

Keep reading to discover more about Solana's significant events in the previous week!

Network-at-a-glance📊

The Grape Vine 🍇

MarginFi Launches Crypto + AI Tool

Omni is a new Crypto + AI project that simplifies managing crypto assets and transactions for users. It uses simple text prompts to interact with the blockchain and answer questions about web3, with deep knowledge of the Solana ecosystem and support for all Marginfi actions. Omni is powered by the LLM stack and equipped with its own vectordb focused on web3. Users can access Omni at http://omni.marginfi.com and join the Marginfi Telegram for any questions.

Solana Mobile's Saga phone is Available For Order

Solana Mobile has announced that its flagship device, Saga, is now available for order. Saga is a security-conscious Android device designed specifically for interacting with digital assets, integrated with the Solana Mobile Stack to enhance on-the-go signing experiences and open up mobile web3 experiences. The device comes with access to 16 web3-native apps through the Solana dApp Store, including those from Audius, Ledger, and Mango Markets. Users who pre-ordered Saga can place orders now, and new orders can be placed starting May 8, with shipping starting in the following weeks.

Taking a Closer Look Into xNFTs

The Solana ecosystem team has launched tools that aim to decentralize the web3 stack, including executable NFTs in the open beta of Backpack, an open source wallet. These xNFTs can solve web3's problems of decentralization and distribution by combining executable websites and applications that run locally on a user's computer with a crypto wallet. They can bring interactivity to traditional collections and unlock new avenues for program distribution. The Solana ecosystem has seen many other innovations in the last year, including compressed NFTs and the launch of the Solana Mobile Stack. The community is encouraged to continue building and creating public goods.

Mad Lads Mint

Mad Lads 24H NFT sales volume is larger than those of the next 9 collections combined - $8,167,746 VS. $7,781,155

Helium Fully Migrates to Solana

Helium, the world's largest decentralized wireless network, has successfully migrated from its own blockchain to Solana, offering faster transaction speeds, new smart contract capabilities, and more resources for growth. The upgrade will benefit network users by introducing dynamic markets, lowering costs, and enabling access to DeFi. The migration to Solana will also make Helium's native token, HNT, natively compatible with other platforms within Solana's ecosystem.

Dean's List Updates🦍

Our network state GDP has reached ~$50K:

We've completed our feedback round for the Backpack wallet:

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