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Spells.fyi - See the Future


CLR MATCH ROUND 5

40 DAI

FINAL AMOUNT

ROUND 5

115 DAI
18 contributors

Your contribution goes a long way!

1 DAI contribution

+ 4 DAI match

10 DAI contribution

+ 12 DAI match

100 DAI contribution

+ 25 DAI match

1,000 DAI contribution

+ 40 DAI match

Next update : 1 month, 2 weeks ago | Last updated : 1 month, 2 weeks ago

CATEGORIES

Community Education

Description

{"ops":[{"insert":"Timelocks are great. If you know about them.\n\n"},{"attributes":{"bold":true},"insert":"Spells.fyi lets you see the future."},{"insert":"\n\nSpells.fyi shows timelocked spells and when they will affect smart contract users.\n\n"},{"attributes":{"bold":true},"insert":"Spells.fyi is already live."},{"insert":"\n\nSpells.fyi is a public good disseminating information on two fronts:\n"},{"attributes":{"link":"https://thegraph.com/explorer/subgraph/blocklytics/spells"},"insert":"A public API built on The Graph"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"link":"https://spells.fyi/"},"insert":"An open-source website hosted by Blocklytics"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"The sole purpose for this grant is to fund Gitcoin bounties for further development."},{"insert":"\n\n---\n\n"},{"attributes":{"bold":true},"insert":"What is a timelock?"},{"insert":"\n\nTimelocks are checks and balances between smart contract users and admins who have the power to make core changes.\n\nTimelocks add a delay between when a change is initiated to when it takes effect in a smart contract.\n\n"},{"attributes":{"bold":true},"insert":"Imagine: a wizard casts a spell."},{"insert":"\n\nBetween muttering the words and the spell actually being cast there is a delay. A timelock.\n\nhttps://media.giphy.com/media/l0Exkvf7Y8s7KHQiI/giphy.gif\n"},{"attributes":{"italic":true},"insert":"Harry Potter casts a spell. Draco fails to act on the timelock."},{"insert":"\n\n"},{"attributes":{"bold":true},"insert":"Timelocks help users."},{"insert":"\n\nTimelocks help to protect users from fat-fingers, lost keys and rogue admins. They give users the option to opt-out of upcoming changes. For example, by withdrawing funds from DeFi protocols.\n\nToday, timelocks are implemented by some of the most popular DeFi products like...\nMaker"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Compound"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Dharma"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"DDEX"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Curve"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\nDon't like an upcoming change? Something fishy about the update? Need more time to review the changes? Users have time to review changes and choose to opt-out.\n\n---\n\n"},{"attributes":{"bold":true},"insert":"Contact"},{"insert":"\n"},{"attributes":{"link":"https://discordapp.com/invite/GFxFN3K"},"insert":"Discord"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"link":"https://github.com/blocklytics/spells-fyi"},"insert":"GitHub"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"link":"https://thegraph.com/explorer/subgraph/blocklytics/spells"},"insert":"Subgraph"},{"attributes":{"list":"bullet"},"insert":"\n"}]}

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