Consumer Brief: Lens and CyberConnect

Key Trends

Two of the leading decentralized social protocols, Lens and CyberConnect, have released new versions recently that further increase the feature potential of the platforms. Both of the upgrades rearchitect the profile to be more flexible and native while adding new features around extendability and monetization.

Lens Protocol

The new Lens Protocol update, V2, is a significant step forward in the progression of the Lens ecosystem. This updated version brings an optimized codebase, leading to improved readability and a more user-friendly experience for developers. It streamlines the integration of Web3 actions into a variety of applications and also facilitates the addition of Web3 social features.

Key upgrades in Lens Protocol V2:

• Open Actions: This feature, designed to enhance user experience, supports the incorporation of external smart contract actions on Lens publications, and even extends to cross-chain actions with oracle support.
• Value Sharing: This is a major move towards building a self-sustaining economy within the platform. It paves the way for value sharing among users, algorithms, curators, and applications.