Understanding the mechanics of Lens is straightforward:
- Profile Creation: First up, create your Lens profile by visiting Lens.xyz. This profile acts as your identity on the network.
- Following and Sharing: You can follow other profiles and share content just like any other social media, but here it's all on-chain.
- Collecting and Minting: Unique to Lens, you can collect posts as NFTs or even mint your own content for others to collect.
Lens is not just a platform but an entire ecosystem comprising various projects and applications:
- Open Actions: These are smart contracts that allow for interactive actions like tipping, swapping tokens, or integrating with other DeFi applications directly within the social feed.
- Tokenization: Lens integrates unique tokens that can be used within the ecosystem for tipping, collecting posts, or accessing special features.
- Lens Improvement Proposals (LIPs): Much like Ethereum's EIPs, LIPs allow anyone in the community to propose changes or upgrades to the Lens Protocol.