Alessio Frateily
@alessiofrateily
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medium.com/leadership-motivation-and-impact/what-i-learned-from-thinking-fast-and-slow-a4a47cf8b5d5
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medium.com/@ameet/why-ego-is-the-enemy-and-what-we-can-do-about-it-a4eae45a81d8
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medium.com/lessons-from-mckinsey/the-pyramid-principle-f0885dd3c5c7
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boringsecurity.com/articles/a-wallet-for-every-occasion
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The idea is that once you've made these delegations, you won't need to risk your valuable assets to do future events, merch drops, airdrops, or any other type of claim or asset attestation
highly recommended that you use a hardware wallet for both your vault wallet, and your delegated wallet (this is mostly a futureproofing warning, because although it doesn't allow a hacker much benefit now since they can't steal assets this way, if sites like collab.land started to recognize delegated wallets, you'd have issues with impersonation)
Warm.xyz
Warm is a service offered by Wenew labs, the creators of 10KTF and Renga, which has strong affiliation/ties to Yuga, since Yuga labs just recently purchased 10KTF from Wenew labs, so some in the Yuga ecosystem are already accustomed and trust the brand. This combined with its sleek and simple UI makes it a first choice amongst many ape holders
How To Delegate:
Connect Your “Vault/Cold” Wallet
Paste an Address to Use as a “Warm” wallet. We recommend that this address is also secured by the same hardware wallet
Confirm in Metamask
Delegate.Cash
Delegate Cash offers much of the same functionality as Warm.xyz
Delegate you can get much more granular with how you want to delegate your assets
Some folks have had mini-heart attacks seeing the method “Delegate For All” on the Delegate.Cash contract wondering if it somehow relates to Set Approval For All. It does not! However, ensure that you bookmark this contract as well, so you know you're interacting with the correct contract on the site: 0x00000000000076A84feF008CDAbe6409d2FE638B
Pros of Warm
Warm was made by Wenew Labs, a proven builder in the space, their design is clean, and its first mover advantage means that its possible more projects could adopt it going forward
contract has been audited by 0xQuit, an absolute legend in the space
Cons of Warm
Warm is deployed on a Proxy contract, which means that it can be upgraded or changed
isn't a huuuge deal, but not something you'd typically want to see in a trustless public good
worry about the deployer of the contract potentially getting hacked or attacked with a $5 wrench attack, turning his contract methods into something more sinister
only supports whole wallet delegation (you can't delegate 1 contract, asset, or NFT) and the documentation is lacking from a dev and user perspective comparatively
Pros of Delegate Cash
Although the UI/UX may seem a bit more intimidating at first, it does have a nice walkthrough that makes up for it
also has a lot more features for both devs and users, offering the ultimate flexibility
gaining traction fast, with many large projects using it for their future drops
It allows users to delegate multiple wallets per vault wallet, and you can delegate not only individual contracts or NFT collections, but single NFTs as well
You might do this if there is one wallet you want to delegate to in order to do something more risky (like a third party claim), vs something on a reputable site
You could have a hot Mint Wallet have proof for a “degen” claim, and your Sell Wallet interact with a trusted site
contract is immutable, and made by one of the most trusted voices in web3 security, 0xfoobar
Cons of Delegate Cash
DeIegate (dot) cash [notice it is a capital i not an L] was actively being used by an attacker, and the twitter handle of the same name was not registered (this has since been fixed!)
teams should be doing everything they can do prevent homograph attacks (similar domains) such as monitoring, user education (bookmark encouragement!)
Hackers and scammers are going to HATE these services if they catch on
The Winner?
the granularity and control for power users just isn't available in Warm, and for that reason, we'd say Delegate Cash is the better tool overall!