Gm. This is Trust Me Bro 📰
Welcome back to our newsletter. We make onchain updates fun and easy to follow in just few minutes.
Let's dive:
$BONSAI: Lens Protocol's Native Token 🌳
LIP-16: Standardising Onchain Fees 👀
Lens Protocol: The Permissionless Power 🚀
Trusted Talent #19 Permissionless 🎨
Farcaster's Frame Frenzy 🖼
Beer Taste: A Toast to Women in Brewing 🍻
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$BONSAI: Lens Protocol's Native Token 🌳
Memecoin season is upon us, and the Lens Protocol is diving in headfirst with its very own $BONSAI! But before we explore this new token, let's take a quick step back.
What are memecoins? 🤡
These are cryptocurrencies often inspired by internet memes or pop-culture trends. While some might scoff at their legitimacy, memecoins can foster passionate communities and even achieve surprising levels of success.
Now, back to $BONSAI!
The $BONSAI, a DN-404 token on Polygon, was airdropped this week across the Lens ecosystem!
Dreamed up by the brilliant minds of Carlos Beltran, Nate Mueller, and Markus B, this isn't just any old token. Let's find out why:
The Launch Pad: $BONSAI made its grand entrance on the 4th of March, 2024 , promising a new chapter of interaction and creativity within the Lens cosmos.
The Drop Heard 'Round the World: With about 4,500 profiles getting a piece of the $BONSAI pie, it quickly became the ecosystem's new golden child.
Community Cult: It's a community-centric initiative that airdropped to the most active Lens profiles, kicking off a series of rewards for the community's movers and shakers.
$BONSAI OG? Because it's a DN-404 Token, you already have 1 NFT for every 100,000 $BONSAI you hold - the Token & NFT are connected. If your balance goes below a 100.000 mark, you loose the NFT. Send the NFT to someone also transfers 100k in BONSAI.
Beyond Monetary Value 🤝
$BONSAI serves also as a functional tool within the Lens ecosystem, empowering users. Here's some of the Lens Community & Projects adoptions to $BONSAI :
Become patrons: Directly support creators by collecting their posts using $BONSAI. Talk empowering Creators, right?
Fuel your actions: Participate actively by performing various open actions like tipping and mirroring posts using $BONSAI.
Trusted Talent, powered but yours Trust Me Bro, announced exclusive use of $BONSAI for collecting posts and rewarding the contest winners. Trust Me Bronsai 😁
Kaira & Hey have enabled collecting posts using $BONSAI, further expanding its existent tokens. Creators and collectors now have a new tool to engage and support each other.
Orb allow users to currently create collectible posts using $BONSAI, but the collect/mint is still under development. Coming sooon, we know!
Bonsai Orb Club has already been created on Orb, fostering the $BONSAI community engagement in a dedicated space.
A fan of statistics? Check out Ornaart to track $BONSAI statistics, providing insights into the token's performance within Lens ecosystem: https://orna.art/u/bonsai/revenue
$BONSAI Trades 📈
$BONSAI's strong start, with growing adoption and price movement, hints at a bright future:
CoinGecko: BONSAI isn't listed on Coingecko yet. Request pending. It is tho available in the geckoterminal (like every token). You can check it out here
The token's value shot up, a thrilling ride that mirrors our collective enthusiasm for its potential.
It was floating around $0.0035 and recently sky rocketed to an impressive peak of $0.01857, the initial price movement suggests potential for stability. (values at 12:45 pm CET, March, 08th)
In Carlos Beltran words : "Respect to those not selling. Its not easy. But respect to those HODL and then ACT 👊" - WORD!
Looking Ahead 🔮
The Roadmap Unfolds: As $BONSAI stretches its branches into new areas like swaps and open actions, the future's looking green. OA using $BONSAI coming soon, guys!
The Next Phase: Season 2 airdrops will prioritise users who actively utilize $BONSAI, rewarding engagement.
We're Dreamers: Imagine using $BONSAI to purchase Lens merchandise, join exclusive clubs, or even participate in IRL Lens events – the potential applications are vast and exciting!
Hats off to the $BONSAI squad for envisioning $BONSAI as a tool for building a vibrant and sustainable onchain social experience.
Here at Trust Me Bro, we're thrilled to support the Bonsai project and its mission to empower the Lens community.
We believe $BONSAI has the potential to revolutionise the way we interact and collaborate in the decentralised social landscape.
Let's grow this garden together, shall we? 🌳
LIP-16: Standardising Onchain Fees 👀
Today, let's chat about the Lens Improvement Proposal (LIP-16) that's all about standardising fees for collecting NFTs and other paid actions. Strap in, as we break down this game-changer.
WTF is LIP-16? 🤔
In a nutshell, LIP-16 is all about creating a sustainable ecosystem within Lens Protocol. Authored by Kipto and Nilesh, it's targeting a world where microtransactions aren't just micro but mighty in their impact. The proposal introduces nominal fees for actions like NFT collects and paid follows, ensuring that everyone in the Lens family gets their fair share of the pie.
Why Should We Care? 👇
It's simple: sustainability is sexy. The current free-for-all is grand, but it's not going to butter our bread in the long run. LIP-16 is proposing a tiny fee on microtransactions to keep the Lens ship sailing smoothly without burdening us, the users. Plus, it's all about fairness – making sure creators, applications, and the protocol itself can thrive together.
The Nitty-Gritty 🤗
Fees, Glorious Fees: We're looking at a modest fee mechanism that'll sprinkle some revenue across the ecosystem without drenching the user experience.
Who Gets What: The proposal is all for splitting the fees in a way that supports creators, apps, and the protocol. Think of it as a little thank you note for contributing to the community.
The Big Picture: Beyond just ensuring the lights stay on, these fees are about bolstering the Lens Protocol's resilience and ensuring it remains a playground for innovation.
Community Chimes In 🗣
The floor's open, and the community's buzzing with feedback. From tinkering with the fee distribution to dreaming up new revenue streams for the protocol, it's clear that LIP-16 has got us all thinking about the future of our onchain social world.
What's Next? 🤓
The ball's in our court. LIP-16 isn't just a proposal; it's a conversation starter. It's about tuning the dials just right to ensure Lens remains the go-to place for onchain socials, now and in the future.
Wrapping Up 🧹
Whether you're a creator, a user, or just here for the vibes, this proposal's got something for everyone. Big shoutout to Kipto and Nilesh for sparking this vital dialogue.
Let's roll up our sleeves, dive into the discussion, and shape the future of Lens Protocol together.
After all, it's our community, our rules.
Lens Protocol: The Permissionless Power 🚀
Have you caught wind of the seismic shift in the Lens ecosystem? On February 27th, Lens opened its doors, welcoming an astonishing influx of new profiles. Ready for the numbers? We’re talking a leap to 235K profiles. Now, that's what I call a growth spurt!
By the Numbers (at 12pm CET, March, 08th):
New Profiles in One Month: 102,861
That’s a jaw-dropping 7,446.66% increase from the previous month. Seriously, no typos here!)
How we know? Courtesy of DaoLeno Analytics: Dive deeper here
The Bigger Picture:
Total Profiles Minted: 236,725
Posts: 5,257,916
Mirrors: 4,514,294
Comments: 2,117,550
Last Month's Close-Up:
Remember, most of this explosion happened in just over a week 🙈
New Profiles: 102,861 (yes, we're repeating it here)
New Publications: 389,683 (41% increase)
Active Users: 22,923 (86% increase)
The App Landscape:
With around 289 apps thriving on Lens, the diversity and innovation are off the charts!
Top Charts and Figures:
Top 10 Apps Last Week:
Daily Active Users last 7 days? There you go:
What's everyone doing on Lens?
Revenue Insights: (Data availabel for Lens, Hey and Tape for now)
Lens Protocol Revenue: 529,368 MATIC
Hey's Vault: 103,551 MATIC
Tape's Take: 20,218 MATIC
And Bros & Sis... this is only the last 7 days revenue 👇
Profile Revenue: fresh from the oven with the latest update from Lenscan v0.5.0
You can now check any onchain profile revenue going to this page and typing in the name of the profile in the search bar on top right.
Wrapping up:
Just a week and a half post-Permissionless, and the ecosystem's buzzing louder than ever. If you're still on the fence about Lens, let's catch up over a beer. Trust me, there's a lot more to be bullish about 🍻
Trusted Talent #19 - Permissionless Edition 🎨
New to Lens? This one's for you!
Trusted Talent #19 is throwing the floor open exclusively for newbies. Here’s your chance to shine, showcase your collectible posts, and bag 500 $BONSAI while getting featured in our next newsletter.
How to Participate:
Be new on Lens. Simple as that.
Head over to this link, jump into the comments, and share your collectible post.
The comment with the most likes wins. Make sure it’s a collectible to land a spot in our Art Gallery.
Let’s elevate newbies to OGs.
Show your support with a #LMCC to cheer on the creators and the show. Ready to be part of something big? Show your talent to our community🤗
Farcaster's Frame Frenzy 🖼
Here's our picks for this week:
Ask Airstack AI 🤖
Crafted by Jason Goldberg, this Frame lets you quiz an AI on Farcaster.
Some examples of the questions you can ask:
Show my Solana adress
Fetch my PFP and bio on Farcaster
Show me which accounts vitalik.eth follows
Find all social profiles of trustmebroshow
Get me the Farcaster profile with most followers
Whether you're fetching your PFP or snooping on who Vitalik's following, it's your go-to digital assistant. Peek here: https://warpcast.com/betashop.eth/0xaf230e6f.
Lenspost's NFT Remix dApp: A Creative Revolution 🎨
Lenspost, by our sister Cyber Shakti, introduces an NFT remix dApp that's shaking up Farcaster. Pegged as a potential game-changer, this dApp allows you to craft unique content (memes!) using your NFTs and CC0 assets. Exclusively accessible to $Degen holders, it's sparking a creative renaissance in web3.
Their win at the DESOC Hackathon, clinching awards for Best Frame Use Case and more, cements their status in the community.
If you're following Lenspost and Cyber Shakti on Farcaster we don't know what the fuck you're doing there: https://warpcast.com/lenspost
Group Chat, Frame Style 🗣
Ever fancied a chatter within a Frame? Jonathan Zinger makes it possible. This Frame is reshaping how we DM on Farcaster. Try it here: https://warpcast.com/zinger/0x0a420444
Takeaway
With Frames like Airstack AI, Lenspost , and Group Chat innovation, Farcaster it's charting new territories in our digital world. Get involved and see what all the fuss is about!
Beer Taste: A Toast to Women in Brewing 🍻
This International Women's Day, let's celebrate the exceptional women behind some of the best brews. Our highlight is TALEA Beer Co. from New York, a testament to female innovation in brewing.
Featured Brew: Sun Up ☀
Style: New England-style IPA
ABV: 6.5%
Where: New York, NY
Founded by Tara Hankinson and LeAnn Darland, TALEA stands out with Sun Up, blending Mosaic and Idaho 7 hops for a taste of summer.
The Story Behind TALEA 🤓
Tara and LeAnn were drawn together by their passion for craft beer and the lack of breweries targeting a wider audience. They established TALEA to introduce 'Easy To Love' beers, aiming for inclusivity and diversity in the beer industry.
Pioneering Spirits 👏
LeAnn's craft beer journey began in the Navy, while Tara's background in wine and hospitality shaped their approach. Together, they've created not just a brewery, but a movement, making craft beer accessible and enjoyable for all.
TALEA's Brooklyn taproom has become a community staple, reflecting their vision of a welcoming and inclusive beer culture.
Cheers to Women in Brewing 👩
TALEA celebrates the role of women in enriching the craft beer scene, showing what's possible when passion meets ambition. Here's to the women leading the charge and to TALEA's continued success. Fancy to order some cases? Do it here and use the discount code TMB#20 🤥😁
Cheers 🍻
And that's it for this week 🎉
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