Reality_is

Here are some extra details regarding how rewards work on #Cardano and how the infamous "rewards locking" incentives can be put in context. I am not trying to *convince* people, yet I've read so many wrong statements that I think more info is required. 👇

@PainterBillyZ @Syll_ADA @SummonPlatform @ADAOcommunity Check the chain. It never lies. cardanoscan.io/address/012a48…

@Syll_ADA @SummonPlatform @ADAOcommunity Why has the “first dao on Cardano” dumping so hard??? Mass sell offs by founders??

@AlleyKatzCNFT What’s the script address?

@SubcriticalTV @CardanoCrocClub @jpgstoreNFT @ADAOcommunity 🤦‍♂️ oh no

@CardanoCrocClub @jpgstoreNFT So the Cardano Crocs Club will maintain a treasury for the funds? Is this using something like round table from @ADAOcommunity for multi sig? It looks like you are bridging from both BSC and Ethereum? Did the team make the bridge themselves?

Never see @CardanoCrocClub or Radioactive Crocs Club on my feed but they are sometimes trending on @jpgstoreNFT It's some kind of crypto poker community? #CardanoNFT

@SubcriticalTV @axotrade So bring in a 1 million ADA when it’s over a dollar, give back 1 million ADA when it’s $.30 🤔 sounds like they made out pretty well. Also, seems they didn’t plan very well or got bad legal advise.

If you took part in the @axotrade (Maladex) ISPO they released a big update: 🔴$ADA rewards have been returned to your wallet + minpool fees 🔴KYC will be required for claiming $AXO tokens 🔴20% on launch, 80% vested over 1 year What are your thoughts? 🤔 #Cardano #DeFi

@matasa_qt @the_ape_society 8.5 million but…. Liquidity

100,000,000 $SOCIETY (~8.5mil ADA) burned ✅ @the_ape_society

@XSpark10 @TraderMugiwara @TapTools Because Cardano community is so naïve when it comes to DeFi. Literally the most red flag projects get the most hype. 🤦‍♂️ @axotrade and @GeniusYieldCC are not building anything different than @MuesliSwapTeam but because they use better buzz words everyone falls for it.

@TraderMugiwara @TapTools I hear ya man but doesnt Cardano community care about Market cap? One of the top Dex #Muesliswap $MILK is around 5.5mm usd... This is absurd to me. How can these people allow the "big dog dex's" to be so cheap? This is the reality we face. Shit seems to float to the top $ada

You can only pick 3 #Cardano $ADA

@GeniusyieldO @Low_Tech_Viking This is not reassuring. There are countless open source examples of staking contracts in production already (with and without the silly “lockup” periods). I clearly see how this helps bring exit liquidity to early investors but what benefit does this bring for users/retail?

🔥The Genius Yield Staking dApp is live on mainnet!🔥 We are really proud to announce that the first product of the Genius Yield platform, our Staking dApp, is now live and can be reached by heading over to: app.geniusyield.co/earn 🧵👇

@theadaprojects Simple, the team building the protocol was hired to build it, they weren’t building out of passion. They want money and there’s never enough. There are other examples where this is the case they Just haven’t ran out of funds yet. Be aware.

It just feels like a project that had huge backing, 10mil+ with so many stake pools behind it, what seemed to be a solid plan, and stablecoin almost ready to go… and it flops. If it was a rug, why rug then? Rug in the bull market surely? Why go to so much effort then stop?

It might be old news, but did we ever REALLY learn what happened with @ArdanaProject? Is it completely dead? Why was it so sudden?

@TapTools Reality is 4 out of 5 have no use case. Hosky has been performing best lol.

I want HONEST criticism on this portfolio: 50% $ADA 25% $HOSKY 10% $CNETA 10% $CLAY 5% $DRIP #Cardano #CardanoADA

@AlanMatotek @Soorajksaju2 @GeniusyieldO 🤦‍♂️ That is one of the most gimmicky.

@Soorajksaju2 Honestly I felt the same when reading the @GeniusyieldO announcement. I hope it’s worth the wait/risk.

Rather than doing gimmicks with NFTs & offering "staking" of useless tokens Why can't the teams building DeFi protocols make community participation simple? Why can't teams just start the process of participation by delivering at least an MVP of the product that they promised?

@conraddit @Jane14457995 Good thing your not a lawyer lol

The new bill, proposed by Senator Warren will designate all pool operators in the USA as "Money Service Businesses" as per this: fincen.gov/money-services…. This is the bill: warren.senate.gov/imo/media/doc/… I have no idea what this means for Stake Pool Operators but it cannot be good.

@Soorajksaju2 @ravanave @flantoshi @InputOutputHK @emurgo_io @Cardano_CF Thankful none of you are lawyers and you just play one on Twitter.

@ravanave @flantoshi @InputOutputHK @emurgo_io @Cardano_CF There was not ruling on the classificatio in the case of #Ada itself. But it belongs to a group of cryptocurrency similar to #ETH. And after merge more similar. Any ruling that classifies ETH into any category will be applicable to Ada too.

I'd really like to know the balance sheet and income statement of the founding entities of Cardano (IOHK, Cardano Foundation and Emurgo). Do they have the dry powder necessary to survive five years of grueling and downward-trending prices for the entire industry?

@Ourobor82894488 @VyFiOfficial @IBILECOIN1 Is there a smart contract somewhere you found, or is it just one person (maybe a small team) holding and releasing tokens from a personal wallet? Just trying to understand the tech that supports the claims.

@Rea1ity_is @VyFiOfficial @IBILECOIN1 Did some research but can't find any 🚩

🔆 Here is a demonstration of the Community Vault Pages 📺 Over the next few days we will be demonstrating these pages with our V2 Launch partners. When projects open with us, they get a dedicated page! ✨Today's is @IBILECOIN1! #CardanoCommunity #VyFi #DeFi #DEx #Cardano $ADA

@RobyPanayotov @IBILECOIN1 @VyFiOfficial I’m just trying to find the tech that backs up the claims. Is there a contract somewhere or just a person holding and slowly releasing tokens from their personal wallet?

@IBILECOIN1 @Rea1ity_is @VyFiOfficial Cynical ideology? Rofl, bad way to reply. Now this makes me sceptical.

@Boof1012 @VyFiOfficial @IBILECOIN1 But it’s just tokens held in a personal wallet. Correct? I’m trying to understand the “project” and the tech that backs it up or secures it.

@Rea1ity_is @VyFiOfficial @IBILECOIN1 Such a fud. This project has been doing really well.

It’s seems the Caravan has moved moved on. Written those articles, shown their work, and you are the one still here just trying to be “right” on Twitter.

@RhosuKatsudon @FarmerNash_ We give millions of ADA to salesmen like @FarmerNash_ instead of real builders. I know builders who have left Cardano due to this and more will leave if it continues. You get what/who you pay for.

@FarmerNash_ My question is, what is the cause that prevents us from having easy-to-use DeFi, simple onboarding, clean UI, etc? Can we identify them and then spread them?

I can GUARANTEE you no one outside of our tiny web3 bubble gives a single shit about block size, eUTXO, TPS, etc. Those technologies/metrics are great for B2B deals & scalability, but not a selling point for consumers. We want easy-to-use defi, clean UI, simple onboarding, etc🌎

@aada_neophyte @sigmaverse_ergo @cardano_whale @eternlwallet @TyphonWallet @FlintWallet @GeroWallet How do you ensure you have full self custody if the wallet is not open source?

@sigmaverse_ergo @cardano_whale @eternlwallet @TyphonWallet @FlintWallet @GeroWallet Unless someone comes out as an open source solution, why wouldn't they monopolize their code?

Hey #CardanoCommunity is Nami really the open source wallet option available? What is the deal with this. I understand dapps and projects not wanting to lost their secret sauce but a wallet should be open source by necessity IMO @cardano_whale any insight here? #Cardano