A W

23 posts

A W

A W

@AW18131300

Katılım Eylül 2022
5 Takip Edilen1 Takipçiler
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A W@AW18131300·
@bjoernassmann Let's use 2062963671121631316 as an example.
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A W@AW18131300·
@AI_ccp251th @dominic_w Long term stakers benefited very little in the old reward structure compared to nodes Nodes were being compensated ~4x their expenses. Eventually, their voting power could take over the blockchain 8YG gains additional voting power of <12.3%, Nodes 300%. Correct me if im wrong
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A W@AW18131300·
@filipwinter @icprevolution These are some individuals that are voting for their own interest. Nodes & Co. You stake $10 worth of ICP for 8 years, you receive 12.3% interest $1.23 ICP annually Nodes spend $10 in expenses, they receive ~$40 ICP. Slowly the nodes gain more voting power Blockchain takeover?
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Filip Winter
Filip Winter@filipwinter·
@icprevolution So sad that people not understanding economics vote against their own interests.
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Untilzerohodler.icp ∞
Untilzerohodler.icp ∞@icprevolution·
Mission 70 $ICP ALL OF THESE VOTED NO… Should we hate them? Or what
Untilzerohodler.icp ∞ tweet mediaUntilzerohodler.icp ∞ tweet media
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A W@AW18131300·
@afaiocc @Zero2HeroZombie If you go into the proposal itself, they have no yet voted. They can choose not to vote. What you are looking at is a tutorial...
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Fabio
Fabio@Zero2HeroZombie·
I got many questions about this topic so here we go: -DFINITY currently has 21.75% Voting Power -DFINITY has not yet voted on M70 -Moreover, many people follow DFINITY which means their voting power is even larger The outcome of this decision is now in their hands. They have 3 options: -Vote NO: I do not think this is going to happen as they have proposed M70 -Abstain: In this case, it will be very tight. -Vote YES: If that is the case, this proposal should pass It might happen that they will wait until the last moment to have a better understanding of the community sentiment. This is the most important proposal since Genesis. Therefore, having different opinions is fine. I want to publicly thank everyone that has, or will vote. Every single vote matters. Your voice matters. 2 days & 6 hours to go... $ICP = World Computer ♾
Fabio tweet media
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A W@AW18131300·
@ICPFren @bjoernassmann You can simply look at it like this.. At 14% compounded interest, ICP tokens locked up for 8 years, would double in ~5.14 years. ~154M tokens locked up for 8 years. While at 7.7% compounded interest, their ICP tokens, would double in ~9.35 years. Greatly reducing the inflation
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ICPFren
ICPFren@ICPFren·
@bjoernassmann Why not keep 8 year staking? It locks up a LOT of free floating icp. If we remove this 8 year effect then arguably there will be a flood of icp onto the market and nobody is happy with the price, so imagine the sells? Why not simply cut 8yg to 12% or so? NPs need fixing not 8yg
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björn aßmann ∞
björn aßmann ∞@bjoernassmann·
I’ll be posting regularly about key questions around #Mission70 to clarify goals, tradeoffs, and design choices. Let’s start with the first one 👇 Why increase the price for replicated subnet memory?
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A W@AW18131300·
@TemuSteveJobs @dominic_w Please provide the evidence that Dfinity is dumping tokens on the open market. None. Now go cry in the corner like everyone else.
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TemuSteve.icp
TemuSteve.icp@TemuSteveJobs·
@dominic_w Tweeting that out while dumping $ICP some more on open market. Thanks for playing 💸
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dom | icp
dom | icp@dominic_w·
Fellow crypto travelers, my thoughts and best wishes go out to every token holder, whatever chain or projects you've backed. These are truly difficult times. At DFINITY and Caffeine, we remain focused on delivering mainstream value. Better times will come.
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JACK ICP ∞
JACK ICP ∞@itsjack006·
I heard about Internet Identity Version 2, so can anyone explain in steps how to do that, like a little demo or something, because I heard that the 26th will be the last day for upgrading your old to new.
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A W@AW18131300·
@DMash428306 @dominic_w It's clear you don't understand what you invested in... A proposal to amend current tokenomics was always a possibility. The 8 year APY was never a guarantee andwas always subject to change. If the proposal passes, you will have a 2 year dissolve delay.
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A W@AW18131300·
@thegreatafrikan @icterminal If ICP's price were to return to a point in recent years, as much as it is very affordable where I am from, it may not be in other countries. So I would oppose to increasing the proposal cost. As much as it is a waste of time. Other deterrents added? Timeouts? 😂😂😂
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🇬🇭
🇬🇭@thegreatafrikan·
@icterminal We need to increase proposal costs. Idiots are wasting our time because they are horrible investors.
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icterminal.com
icterminal.com@icterminal·
$ICP GOVERNANCE — NNS REJECTS MOTION CALLING OUT DOMINIC WILLIAMS ON “INTEGRITY” A highly unusual motion defining personal integrity and implicitly critiquing Internet Computer leadership was soundly rejected, with 58.9% voting No. Rather than propose network changes, the motion read more like a philosophical statement — or a pointed note allegedly to DFINITY founder Dominic Williams — aiming to “set precedent for behavioral expectations on the Internet Computer”. nns.ic0.app/proposal/?u=qo…
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A W@AW18131300·
@EsselLeroy @icterminal So you agreed with his previous proposal that lead to this one? 😂
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A W@AW18131300·
@Zforever97 @dominic_w @iCaffeinator You are forgetting that the average holder sells for profit and Dfinity sells for to fund operations. If Dfinity stopped selling, the network most likely would collapse.
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A W@AW18131300·
@Zforever97 @dominic_w @iCaffeinator Daily Voting Rewards is 267,778 x 365 = just under ~98M Yearly (Mint/Non-Minted). ~17.8% of circulating supply (according to CB). Reducing both Voting and Node Rewards, will help in flippin ICP from inflationary to deflationary, this will have a significant impact on USD value.
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Z 🐆
Z 🐆@Zforever97·
@dominic_w @iCaffeinator Thoughts? The biggest selling pressure comes from Dfinity, reducing rewards will not make any real impact in terms of USD VALUE that Dfinity is able to sell On the open market, and you have liquid tokens too.
Z 🐆@Zforever97

@dominic_w The problem is not voting rewards. The daily average minting from voting rewards is only ~0.64 ICP, which is negligible. The real issue is the constant, large-scale selling pressure from DFINITY. Even if DFINITY’s voting rewards were reduced by 70%, the impact would be minuscule

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A W@AW18131300·
@_BoroG @cryptalo_icp All neurons above 2 years lock up will be reduced to a 2 year max. 2 year+ neurons will be converted to 2 years and carry on their age bonus (locked up), plus an extra 10% bonus for the gang (8 Years Locked). If they decide to dissolve, it will start at 2 years.
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BoroG
BoroG@_BoroG·
@cryptalo_icp So on this was can either A) continue to a max of 2030 then it goes back to 2 years max for everyone B) if we want out we can just start dissolve delay at 2 years ?
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Cryptalo.icp ∞
Cryptalo.icp ∞@cryptalo_icp·
....."Special Treatment of 8-Year Gang. The 8-year gang refers to long-term Internet Computer supporters who set their dissolve delay to the current maximum of eight years. Neurons that have historically maintained an 8-year dissolve delay should be given a special flag and receive a dedicated reward boost of 10% in recognition of their long-term alignment with the network. The reward boost would remain in effect until the end of 2030. This special flag, and the corresponding reward boost, would be lost once the neuron starts to dissolve (similar to the age bonus).".... $ICP #8YearsGang #4EverGang
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Fabio
Fabio@Zero2HeroZombie·
The $ICP supply staked for 8 years, increased by 133K ICP in the last 24 hours 📈 63.14% of the staked supply is locked for 8 years🔐
Fabio tweet media
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A W@AW18131300·
@Gavriilos16857 ICP is still in limbo in the USA, as the SEC named ICP as a potential security with no resolution. So I believe US companies tend to avoid it.
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A W@AW18131300·
@MESHACH87796769 @Zero2HeroZombie Considering the 8 year gang is divided and Dfinity's voting power is ~25%, this shouldn't be that hard to pass. Enjoy your flag 😂
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