Great 👍 great 👍

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PART 2 🧛‍♀️Vampires attack. #LIDO

As a result of the vampire attack, Diva will take away some of the users and liquidity from Lido, and stETH holders will earn additional money by receiving DIVA tokens.

There is no way to outwit this system, because DIVA tokens can only be obtained if you freeze stETH and do not withdraw them until the protocol launches.

The vampire attack has already been supported by Bankless, Gnosis, Karpatkey and well-known community members Rocket Pool and Ethereum.

In general, Diva would be able to compete with Lido anyway, because they are the first to implement distributed validator technology (DVT) - this will make staking through Diva more profitable and secure, and will also allow you to launch a node from 1 ETH.

So the vampire attack is more of a marketing thing than a necessity.
#LIDO

PART 1 🧛 Vampires attack the Lido protocol

The Ethereum community has finally come up with an unusual way to combat Lido's monopolization in the staking market - a vampire attack.

Old people remember how the SushiSwap exchange used the same strategy to steal 70% of the liquidity from the Uniswap exchange in 2020.

History repeats itself. After 3 years, the Diva protocol is going to launch a vampire attack on the Lido protocol to reduce their dominance in the staking segment and increase the decentralization of ETH (Lido controls 32% of all staked ETH).

🦇 How will the vampire attack happen?

Let's look at it step by step:
• Lido users are offered to freeze their stETH on the Diva platform until the first quarter of 2024 (until the protocol launches)
• In return they will receive DIVA tokens depending on the time of staking and the amount of frozen stETH (5 months after the launch of the protocol)
• Also, all this time, stETH holders will receive interest from ETH staking as usual
• Upon launch of the Diva protocol (Q1 2024), stETH will be automatically converted into Diva's own liquid staking tokens

*part1* #LIDO

#MyFirstSquarePost
💪SPB Exchange is ready to launch Bitcoin trading if cryptocurrency is legalized in Russia

📆 Через 2 недели стартует главный криптофорум — Blockchain Life 2023 в Дубае.

Пройдёт он 24-25 октября на площадке Dubai, Festival Arena.

Главная ценность таких мероприятий: возможность познакомиться с кучей новых людей в тех сферах, которые вам больше всего интересны.

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Список ключевых спикеров:
🔹Justin Sun (TRON)
🔹Yat Siu (Animoca Brands)
🔹Dr. Marwan Alzarouni (Dubai Blockchain Center)
🔹Eowyn Chen (Trust Wallet)
🔹Сергей Хитров (Jets.Capital и Listing.Help)
🔹Xinxi Wang (Litecoin Foundation)
🔹Nischal Shetty (Shardeum)
🔹Alexander Chehade (Binance)
🔹Fred Thiel (Marathon Digital Holdings)
#MyFirstSquarePost

#MyFirstSquarePost
📆 Через 2 недели стартует главный криптофорум — Blockchain Life 2023 в Дубае.

Пройдёт он 24-25 октября на площадке Dubai, Festival Arena.

Главная ценность таких мероприятий: возможность познакомиться с кучей новых людей в тех сферах, которые вам больше всего интересны.

Что вас ждёт: 80+ спикеров, 7000+ участников, 120+ стран и более 150 крипто-стендов.

Список ключевых спикеров:
🔹Justin Sun (TRON)
🔹Yat Siu (Animoca Brands)
🔹Dr. Marwan Alzarouni (Dubai Blockchain Center)
🔹Eowyn Chen (Trust Wallet)
🔹Сергей Хитров (Jets.Capital и Listing.Help)
🔹Xinxi Wang (Litecoin Foundation)
🔹Nischal Shetty (Shardeum)
🔹Alexander Chehade (Binance)
🔹Fred Thiel (Marathon Digital Holdings)