WolfDAO Newsletter - #14
Farm +1k% APR via $LOOKS staking! Read more about Metamask Development With Metamask Flask, Decentraland, Microsoft $69 Billion Deal, and other protocol happenings.
Farm +1k% APR via $LOOKS staking!
The launch of LooksRare, an NFT marketplace, has brought in a storm as it is the center of significant trading activity and its DeFi-inspired LOOKS yield farms are offering enormous yields right now.
LooksRare is a decentralized and permissionless NFT marketplace that offers collection-wide NFT offers. It provides a LOOKS-ETH Uniswap LP token staking farm (yielding +600% APR currently), but the opp I want to hone in on today is LOOKS staking, i.e., single-sided deposits of LOOKS to LooksRare. People investing should research and only then approach this farm.
Source: DeFi Pulse Farmer
Developers, Go Crazy With Your Metamask Development With Metamask Flask
MetaMask Flask is the testing ground for the most cutting-edge and innovative features. Flask is a canary distribution of production MetaMask where developers can create and distribute experimental features to help shape the future of Web3.
When developing an application that manages and transfers real value, a secure user interface and stable features are critical to protecting the user's assets. Metamask has removed some of our usual guard rails by deploying experimental features in Flask and rapidly iterating on them before releasing them to the general public.
Snaps is the first Flask feature to be released.
Snaps allow developers to extend MetaMask's functionality at runtime without involving MetaMask. Simply create a snap, notify your users, and MetaMask will function as you desire!
Snaps, as the first wallet to provide users with extensibility, is ideally placed to speed up the pace of innovation not only in Ethereum but across the entire Web3 ecosystem. Although the initial Snaps version can only modify the MetaMask UI in limited ways, it already enables one of the most advanced functionalities of all: for a Snap to manage the user's keys for various protocols. You can add support for your favorite protocol to MetaMask if it has JavaScript signing libraries and publicly available node endpoints.
Snaps is a method for Web3 developers to do more with Metamask and create entirely new types of DAPPS. Any developer can create a Snap, and users will be able to choose which Snaps to use and integrate into their wallet in the future.
Decentraland - First-Ever Virtual World Owned by Users
Decentraland is a virtual reality platform that is fueled by the Ethereum blockchain. It is entirely decentralized and provides users to create, experience, and monetize their content and applications.
Decentraland is a DApp that helps track real estate parcels known as LAND tokens. The traversable, 3D virtual space within Decentraland is LAND, a non-fungible digital asset maintained in an Ethereum smart contract.
The Land is owned by community members and is purchased using MANA, Decentraland's cryptocurrency token. Each parcel of LAND has a unique coordinate in the virtual world, an owner, and a reference to a description file. The ownership land provides complete control over the environments and applications users create.
POAP Raises $10M in Seed Funding
Ethereum NFT Bade app, Proof of Attendance Protocol (POAP), raised $10 million in new seed funding on January 19. The investment round was led by Archetype and Sapphire Sport LLC, with the massive participation of other investors. The platform was launched in August last year, which helps even organizers give out attendance in badges. The platform follows the ERC-721 standard and has already minted more than 2 million POAPs.
Microsoft has placed a $69 Billion Deal to buy Activision Blizzard
January 18 witnessed a shocking morning when Microsoft announced acquiring Activision Blizzard for $68.7 billion. Microsoft confirmed that acquiring the video game giant will provide "building blocks for the metaverse." "Gaming is the most dynamic and exciting category in entertainment across all platforms today, and will play a key role in the development of metaverse platforms," said CEO Satya Nadella.
22-year-old makes $1M by selling NFT selfies
A 22-year-old Indonesian college student has become a millionaire by selling NFTs on OpenSea. Sultan Gustaf Al Ghozali took photos of himself for nearly five years and sold about 1000 images as NFTs. He took selfies in either standing or sitting position and set the price at $3 without expecting interest from serious buyers.
Solana Announces Solana Hacker House World Tour
The Solana Hacker House World Tour will be a meetup cum party for builders on Solana. Announced in Moscow, Seattle, Singapore, Los Angeles, and Hong Kong, the tour is a physical meetup arranged for the developers working inside the Solana ecosystem to network, learn, share ideas, and have a good time. Participants need to provide their vaccination proof and a negative RTPCR/rapid test to get an entry.
veDao Launch - A DAO With The Sole Intention To Acquire an NFT
veDao is an exciting use-case of DAO, formed with one sole purpose to acquire one of AndreCronje's 12 very hard to get ve(3,3) NFT tokens. The top 20 FTM TVL teams will each get one of these NFTs. veDao intends to collaborate and secure as many positions from the top 20 as possible. The Dao has also launched its governance token, which will act as a reward for the participants.
OpenSea Acquires Dharma Protocol
Nadav Hollander, co-founder, and CEO of Dharma protocol announced on Twitter that they would join hands with OpenSea. Hollander also announced him taking the position of CTO at OpenSea, listing solving complicated engineering problems such as scaling to meet reliability, uptime benchmark, and performance as his topmost challenge. He also said evangelizing decentralization would be one of his top goals.
