Mask Network reveals Lens Protocol priorities after January takeover: fixing login issues, wallet integration, and creator monetization before any token launch. (Mask Network reveals Lens Protocol priorities after January takeover: fixing login issues, wallet integration, and creator monetization before any token launch. (

Lens Protocol Maps Post-Acquisition Roadmap Under Mask Network Stewardship

2026/03/04 21:01
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Lens Protocol Maps Post-Acquisition Roadmap Under Mask Network Stewardship

Zach Anderson Mar 04, 2026 13:01

Mask Network reveals Lens Protocol priorities after January takeover: fixing login issues, wallet integration, and creator monetization before any token launch.

Lens Protocol Maps Post-Acquisition Roadmap Under Mask Network Stewardship

Mask Network has outlined its first concrete roadmap for Lens Protocol since completing the acquisition from Avara in January, prioritizing basic usability fixes over token speculation during a February 21 AMA that revealed significant infrastructure challenges inherited from the previous team.

The session, featuring Mask founder Suji Yan and Lens Product Head Kimmo Siren, addressed why the protocol went silent for six months—legal negotiations prevented both parties from speaking publicly. The transfer is now "99.9% complete," though legacy issues like recent storage data incidents related to domain problems continue surfacing.

Three-Phase Fix List

Yan didn't sugarcoat the current state. "There are many, many problems that are very obvious to fix," he said, starting with a login session that expires every seven days. "That might make sense for DeFi apps, but no major social app logs users out every week."

The immediate priorities break down simply: fix usability issues, improve wallet integrations, then pursue growth. Storage limitations currently prevent large multimedia uploads—a problem the team is addressing through partnerships with both centralized and decentralized storage providers.

Wallet compatibility remains a friction point. While Lens Chain operates as a standard EVM chain, many wallets either don't support it properly or lack basic UI elements like icons. "Most users probably don't want to manage assets on Lens Chain," Yan explained. "They just need the private key for login."

No Token Anytime Soon

When asked about a $LENS token for governance, Yan was blunt about market conditions: "Right now, 99% of tokens in the market are trading below their last VC round valuation." Lens's last private valuation sat around $350 million.

Instead, the team is exploring non-speculative governance mechanisms—potentially using soulbound tokens or weighting voting power based on user behavior rather than token holdings. "If someone spams a lot, their weight goes to zero," Yan suggested.

Creator Economy Reality Check

The AMA turned candid when discussing content creator adoption. Yan claimed most decentralized social builders lack relationships with professional creators, citing his own connections to adult content creators including "Hong Kong Doll," who reportedly earned $20-30 million during COVID and commands 4 million followers—"more users than Farcaster and Lens combined."

The team plans to implement DMCA tagging for piracy concerns, acknowledging that true decentralization prevents content deletion at the protocol level. Frontend labeling and blurring represent the practical compromise.

On rewards programs, Yan dismissed points-based systems as farming bait. Instead, he referenced a Token2049 partnership with Haidilao hotpot restaurants that distributed dining coupons—a mechanism professional farming operations couldn't exploit economically.

Technical Updates

Siren confirmed no planned protocol changes to smart contracts, with improvements focusing on backend infrastructure. Mini-apps are "coming to Orb pretty soon," built on QR-based login flows allowing cross-app authentication. The ML scoring model hasn't been updated in over a year and will be overhauled.

The V3 contracts remain marked "unlicensed"—a legacy issue Yan expects to resolve within weeks, likely moving to MIT or GPL licensing.

For builders waiting on the sidelines, Yan offered a simple calculation: posting on Lens can now cost less in gas fees than Twitter's API charges for AI agents, which approach one cent per post. "At some point, developers may start thinking: I should decentralize more of my stack to reduce platform access costs."

Image source: Shutterstock
  • lens protocol
  • mask network
  • decentralized social
  • web3
  • deso
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
Share
PANews2025/09/18 06:54
SEC Approves Generic Listing Standards for Crypto ETFs

SEC Approves Generic Listing Standards for Crypto ETFs

In a bombshell filing, the SEC is prepared to allow generic listing standards for crypto ETFs. This would permit ETF listings without a specific case-by-case approval process. The filing’s language rests on cryptoassets that are commodities, not securities. However, the Commission is reclassifying many such assets, theoretically enabling an XRP ETF alongside many other new products. Why Generic Listing Standards Matter The SEC has been tacitly approving new crypto ETFs like XRP and DOGE-based products, but there hasn’t been an unambiguously clear signal of greater acceptance. Huge waves of altcoin ETF filings keep reaching the Commission, but there hasn’t been a corresponding show of confidence. Until today, that is, as the SEC just took a sweeping measure to approve generic listing standards for crypto ETFs: “[Several leading exchanges] filed with the SEC proposed rule changes to adopt generic listing standards for Commodity-Based Trust Shares. Each of the foregoing proposed rule changes… were subject to notice and comment. This order approves the Proposals on an accelerated basis,” the SEC’s filing claimed. The proposals came from the Nasdaq, CBOE, and NYSE Arca, which all the ETF issuers have been using to funnel their proposals. In other words, this decision on generic listing standards could genuinely transform crypto ETF approvals. A New Era for Crypto ETFs Specifically, these new standards would allow issuers to tailor-make compliant crypto ETF proposals. If these filings meet all the Commission’s criteria, the underlying ETFs could trade on the market without direct SEC approval. This would remove a huge bottleneck in the coveted ETF creation process. “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge innovation of digital assets. This approval helps to maximize investor choice and foster innovation by streamlining the listing process,” SEC Chair Paul Atkins claimed in a press release. The SEC has already been working on a streamlined approval process for crypto ETFs, but these generic listing standards could accomplish the task. This rule change would rely on considering tokens as commodities instead of securities, but federal regulators have been reclassifying assets like XRP. If these standards work as advertised, ETFs based on XRP, Solana, and many other cryptos could be coming very soon. This quiet announcement may have huge implications.
Share
Coinstats2025/09/18 06:14
South Korea Halts Trading as Global Markets Plunge

South Korea Halts Trading as Global Markets Plunge

The post South Korea Halts Trading as Global Markets Plunge appeared on BitcoinEthereumNews.com. The Korean Stock Exchange was forced to halt trading after the
Share
BitcoinEthereumNews2026/03/05 07:04