Just a reminder to be careful with new/unknown projects. Because people tend to be sensitive about their investments, I don't normally speak on things people mention here or IRL. It doesn't matter if it's $20 or $20000 don't lose your money to scammers.
the creator of the smart contract built in a way so that you could not sell the token as the price was rising. Clearly you could still buy the token. The twitter link gives more details.
From what I understand, the people who bought the token were fortunate that the smart contract didn't give the creators permission to take other tokens/nfts in their wallet.
I doubt they can be found. At best, maybe exchanges could stop them from selling off the stolen assets used to get the token.
I get what saying about knowing the team, but known people run scams too. Yes, it make it easier to find them and hold them accountable, but we've seen people claim it was a mistake and a third-party took advantage of it. In this instance, better review of the smart contract would have prevented this. Apparently they didn't attempt to hide what they were doing. People just over looked or dismissed what was in the code/contract.
I played around with some of the DAOs. Time Wonderland is the most successful and there is still money to be made there. My advice if you do decide to jump in, is to not be afraid to take profits. Just like any other crpto it is very volatile and has big swings. Take some profits off the table if you're in the green.
Also stay from the leveraging it. I've seen some flash crashes which may indicate some manipulation because there are whales that do some major shake outs.
Otherwise I see some big things happening in the space. You might want to diversify with some of the other major DAOs but it's a good play IMHO.
I get what your saying. I actually put in around when Time was $3800 its $3300 now but I get some much interest in Memo that when it goes back up it can pull profits earlier because I’m end up having more from than when I started. I’m gonna try OlympusDao also.
So much to keep up with crypto, it's easy to miss shit. For anyone still holding Cardano, check out the MELD year-end update below. Keep in mind they been working with Plutus backedn since March 2021. They ain't some random FUDers. Apparently, folks don't even want to work on that shit.
Basically, what MELD is saying lines up perfectly with what Cardano detractors been saying about the smart contract launch and contradicts Charles. This seems like the most truthful breakdown of Cardano that people going to get.
For now, MELD started as a Cardano project and is determined to stay so in the foreseeable future. Early platforms take time to mature so we have to practice patience more than expected. Nevertheless, as eager developers, we did enjoy the daily challenges. We also prefer to develop from principles and treat products as profound works. As such, being early in Cardano allows us to stay closer to the core progress of the ecosystem itself.
We have to confront the truth that developing on Cardano, or any young ecosystem for the matter, is brutal. Cardano possesses further challenges given its not-very-industry-friendly technical stack. It is sometimes challenging to get the right things up, even for experienced Haskell and Nix engineers. It gets way worse for our interns and newcomers to the ecosystem. The relatively high system requirements and lack of documentation do not help either. A few detailed pain points can be found in input-output-hk/plutus-apps#180 Plutus on Hackage/Stackage.
As an ambitious R&D-driven effort, we have to recruit and train many engineers to work in the Cardano ecosystem. A few brilliants have refused to join or given up so far. While we cannot tell the exact reasons, we believe it would be easier to convince them if the developer experience was better, i.e., to help them feel more productive with their time and talents. After all, there are still many good opportunities outside of MELD and Cardano for these bright minds.
Cardano currently has a tight transaction size limit, and for good reasons. However, this limitation makes it hard for dApps to include many scripts in a single transaction for composability and clarity. We have faced many challenges representing complex application logic within the current limit and had to resort to hacky or semi-trustful designs at times. The aftereffect is that dApp development is very inefficient and error-prone. Sometimes we feel like spending most of the time reasoning about security properties, contract architectures on UTxO, ad-hoc script size optimizations instead of working on actual application logic. It is not the end of the world, but an apparent overhead when expanding dApp functionalities and inviting more builders to Cardano.
So much to keep up with crypto, it's easy to miss shit. For anyone still holding Cardano, check out the MELD year-end update below. Keep in mind they been working with Plutus backedn since March 2021. They ain't some random FUDers. Apparently, folks don't even want to work on that shit.
Basically, what MELD is saying lines up perfectly with what Cardano detractors been saying about the smart contract launch and contradicts Charles. This seems like the most truthful breakdown of Cardano that people going to get.
For now, MELD started as a Cardano project and is determined to stay so in the foreseeable future. Early platforms take time to mature so we have to practice patience more than expected. Nevertheless, as eager developers, we did enjoy the daily challenges. We also prefer to develop from principles and treat products as profound works. As such, being early in Cardano allows us to stay closer to the core progress of the ecosystem itself.
We have to confront the truth that developing on Cardano, or any young ecosystem for the matter, is brutal. Cardano possesses further challenges given its not-very-industry-friendly technical stack. It is sometimes challenging to get the right things up, even for experienced Haskell and Nix engineers. It gets way worse for our interns and newcomers to the ecosystem. The relatively high system requirements and lack of documentation do not help either. A few detailed pain points can be found in input-output-hk/plutus-apps#180 Plutus on Hackage/Stackage.
As an ambitious R&D-driven effort, we have to recruit and train many engineers to work in the Cardano ecosystem. A few brilliants have refused to join or given up so far. While we cannot tell the exact reasons, we believe it would be easier to convince them if the developer experience was better, i.e., to help them feel more productive with their time and talents. After all, there are still many good opportunities outside of MELD and Cardano for these bright minds.
Cardano currently has a tight transaction size limit, and for good reasons. However, this limitation makes it hard for dApps to include many scripts in a single transaction for composability and clarity. We have faced many challenges representing complex application logic within the current limit and had to resort to hacky or semi-trustful designs at times. The aftereffect is that dApp development is very inefficient and error-prone. Sometimes we feel like spending most of the time reasoning about security properties, contract architectures on UTxO, ad-hoc script size optimizations instead of working on actual application logic. It is not the end of the world, but an apparent overhead when expanding dApp functionalities and inviting more builders to Cardano.
I see you gotta have a strategy with this shit. At least for me. I ain't tryin to keep up with all these coins and shit. My thing is just generating passive income. I setup a LP in Shibaswap just to see what it do. Only 600 bucks back on 12-4. 12-31 it had generated 31 bone. At first didn't think much of it. THen it hit me.
If you were offered a savings acct where you put in 600 dollars and generated 50 dollas a month would you do it?
So now thinking about splitting up a couple grand amongst the different pools and staking 20 mil Shib tokens and see what it do.
Take profits and stick em in Anchor Protocol for that 19% APY.
Setup up crypto savings with BLockfi and Celsius 100 a month BTC.
Right now SHibaSwap is an ETH trap like a mothafucka but I ain't plan on taking anything out anyway. But with Shiba comin out with it's own blockchain The Shibarium and Shibaswap V2 using Bone instead of ETH for transaction fees...They lookin real good to me.
I see you gotta have a strategy with this shit. At least for me. I ain't tryin to keep up with all these coins and shit. My thing is just generating passive income. I setup a LP in Shibaswap just to see what it do. Only 600 bucks back on 12-4. 12-31 it had generated 31 bone. At first didn't think much of it. THen it hit me.
If you were offered a savings acct where you put in 600 dollars and generated 50 dollas a month would you do it?
So now thinking about splitting up a couple grand amongst the different pools and staking 20 mil Shib tokens and see what it do.
Take profits and stick em in Anchor Protocol for that 19% APY.
Setup up crypto savings with BLockfi and Celsius 100 a month BTC.
Right now SHibaSwap is an ETH trap like a mothafucka but I ain't plan on taking anything out anyway. But with Shiba comin out with it's own blockchain The Shibarium and Shibaswap V2 using Bone instead of ETH for transaction fees...They lookin real good to me.
I'm fuckin wit Anchor for the Luna ecosystem. 19.45% on deposit. THen you can borrow up to 50% on your collateral. THen Anchor is gonna pay you a high percentage in the native Anchor token. The plan is to then stake the Anchor tokens or dump the loan right back into the UST deposit.
I'm fuckin wit Anchor for the Luna ecosystem. 19.45% on deposit. THen you can borrow up to 50% on your collateral. THen Anchor is gonna pay you a high percentage in the native Anchor token. The plan is to then stake the Anchor tokens or dump the loan right back into the UST deposit.
I'm fuckin wit Anchor for the Luna ecosystem. 19.45% on deposit. THen you can borrow up to 50% on your collateral. THen Anchor is gonna pay you a high percentage in the native Anchor token. The plan is to then stake the Anchor tokens or dump the loan right back into the UST deposit.
So your staking anchor coins and then flip the profit into UST? Or are you staking UST at 19%, this shit is confusing . Also what is the period of time you have to stake to receive the 19%
So your staking anchor coins and then flip the profit into UST? Or are you staking UST at 19%, this shit is confusing . Also what is the period of time you have to stake to receive the 19%
Lol. I'm gonna find one of the youtube vids I learned from in a minute but...Look at Anchor like a savings acct that yields 19.45% APY. So my plan is just to add money to it all year instead of putting in a bank and getting jack shit interest. Matter of fact whateva you put in a bank you have less each year if it just sits there.
So. Anchor is in the Terra Luna ecosystem. It's just one protocol but there's a few of them. So what you deposit is UST which is a stablecoin in the Terra Luna ecosystem. Now...you can also borrow against what you have put in. So if you deposit 2k then you can borrow up to 60% against that. But you don't have to borrow anything if you don't want to. Also you can borrow up to 60 but if you wanna be super safe just borrow 20 or 10 or whateva you need for whateva you gonna do.
So since there's no payment for the loan. You can take as long as you like to pay it back as long as your loan/value ratio stays good. The only way you can fuck up is borrowing to max on every deposit AND UST crashes. Kinda unlikely but anythings possible so just play it safe.
What I'm gonna do is deposit the money from the loan into the savings balance.
Ok...couple more deposits. get another loan. Take the money from that and buy Anchor tokens and Stake em. THey payin out rewards 128%. That's multiple times more than it costs for the loan. So you just maximizing everything the ecosystem offers.
And Anchor is just one. THey got a bunch I ain't even looked at yet like Spectrum and Nexo and others. It's just endless opportunities.
Oh yeah. The staking has nothing to do with the savings acct. You get 19.45% APY on the account.
I'm fuckin wit Anchor for the Luna ecosystem. 19.45% on deposit. THen you can borrow up to 50% on your collateral. THen Anchor is gonna pay you a high percentage in the native Anchor token. The plan is to then stake the Anchor tokens or dump the loan right back into the UST deposit.
The retailer is launching a division dedicated to the buzzy new technologies, according to people familiar with its plans, pushing the company into much-hyped areas as it tries to turn around its core videogame business.
www.wsj.com
GameStop also is close to signing partnerships with two crypto companies to share technology and co-invest in the development of games that use blockchain and NFT technology, as well as other NFT-related projects, the people said. The retailer expects to enter into similar agreements with a dozen or more crypto companies and invest tens of millions of dollars in them this year, the people said.
Glad I was pulling out polygon profit week and a half ago.still got a bunch but anything over a set amount comes with me.i got suspicious around the time that diamond hands meme started making the rounds cause before it was called left holding the bag.
Glad I was pulling out polygon profit week and a half ago.still got a bunch but anything over a set amount comes with me.i got suspicious around the time that diamond hands meme started making the rounds cause before it was called left holding the bag.
www.bloombergquint.com
www.marketcapof.com
Should I buy bitcoin @ 70kNice. How are the transaction fees on Luna? Are they similar to SOL and AVAX?
www.wsj.com
