Lens Protocol

From CryptoWiki

Lens Protocol is a composable and decentralized social graph that aims to be a Web3 social network. It was created by the same team as Aave.

Basics

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

"The protocol relies on Polygon NFT’s, more specifically the Lens Profile NFT, ownership of this gives the user control over their content. The cool thing about the Profile NFTs is that it allows you to post Publications. Publications come in three variations; Posts, Comments and Mirrors (shares). Additionally, Profile NFTs contain a FollowModule.

This module allows different accounts to be issued Follow NFTs in order to record their relationship to the main profile on-chain. It’s worth noting that Publications are NOT NFT's. And the data that these Publications contain, can be stored on either a decentralized protocol such as IPFS, Arweave or a centralized storage provider like AWS S3. With this architecture, any applications can plug into Lens Protocol, and any user can bring their Profile to any application built on top of Lens."

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

"Given that Lens mostly relies on NFTs, we can see from the dashboard above that there’s been 92,011 NFT Profiles minted, with 424,576 posts, 173,299 comments across all of these. We can also see that there’s 677 active users in the last 24 hours."

"The protocol has surpassed 63k profiles minted to-date (across ~59k unique holders), with high volume spurts seen around strategic growth enabled partnerships. Its most popular app – Lenster, a “web3 Twitter” - has amassed nearly 250k posts. Following a second partnership with learn and earn platform, RabbitHole, the protocol saw average daily posts jump from ~2k to ~4k. Despite some regression, daily posts remain elevated well above the June–August plateau."

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

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