Muk 🟥

FFS Glad I have saito.io/redsquare

🚨Scam Alert Got invited onto a podcast with these folks - was originally hit up by "69QUANT" on Telegram. Looks like DAI3 is impersonating @shaolacoin, or it's just a shell account of reposts. Was originally contacted by @acc_quant a similar looking account. The group below has now been deleted - so it's difficult to report the other accounts. Just before 'going live' the a link was shared to join the meeting - which claimed to be 'wechat calls' (a red flag - love me some wechat, but tencent's group call software is not wechat branded). The link then resolves to another url that autostarts a .exe download. (Which I terminated then closed the browser). Was 100% things were a scam at this point. Thanks to others who had talked about these scams before, helped to identify this one quickly. Biggest loss ended up being time wasted prepping and getting ready for the call. Stay safe out there folks and for your crypto's sake don't download meeting software (and keep your browser up to date). Why not saito.io/videocall :)

found a new growth strategy for X pls don't tell @nikitabier

The $Saito network model offers a unique solution to address the economic challenges seen in many cryptocurrency systems. In most Proof-of-Stake (PoS) systems, inflation is used to pay validators for securing the network, which dilutes the value of each token over time. This inflationary model often favors early adopters, allowing them to benefit from the initial growth while later participants bear the cost of network security through a devaluation of their holdings. For example, if a cryptocurrency like $eGLD were to reach a price of $58, this would be equivalent to a market cap of $93 from 2021, reflecting a dilution of nearly 60% in just three years. This inflationary system illustrates the problematic economic incentives in many blockchain models, where network security is achieved at the expense of token holders, making long-term value retention challenging. Many #Crypto POS speak about the FED and irresponsible monetary and fiscal policy only to do the same. In contrast, the Saito network is designed to function without inflationary rewards. Instead of relying on inflation to pay for security, Saito funds itself through transaction fees, meaning revenue is earned from actual network usage. This model aligns incentives more equitably, rewarding participants who contribute to the network’s growth and utility, not just those who were early adopters. Saito’s approach aims to create a sustainable, self-funding network that aligns long-term economic interests across all participants, helping to address the fundamental blockchain trilemma by building security and scalability on a non-inflationary base. I still own $eGLD but my portfolio allocation is very different than last cycle. $SAITO does things the way blockchain and #Crypto were envisioned to be, providing equitable value to all stakeholders, through a sustainable economic model, not repeating the mistakes of governments and central banks, in covert disguise. If you don’t know where the yield is coming from, you are the yield, ie inflation. #BTC $ETH $SOL $eGLD $BNB $SUI $NEAR