TezosCanadaBakery
62 posts


BREAKING: Wall Street execs who follow the college endowment business say it's only a matter of time before @Harvard starts selling what's liquid in its portfolio ie stocks, maybe issue more debt, if its tax-exempt status remains revoked. There are UNCONFIRMED market reports that the selling has already begun. I have request for comment from Harvard. As reported, Yale is already selling out of its endowment's private equity portfolio, which isn't easy given liquidity issues. Harvard is highly levered to PE, close to 40% of its endowment. Story developing


More Labour MPs backing calls for a national inquiry, I count three now. The pressure on Starmer to do the right thing is building.






President Biden has canceled more student loan debt for more Americans than any president in history — nearly 5 million Americans. That is life-changing.

📰 IMPORTANT #Tezos NEWS! 📰 #AdaptiveIssuance will (likely***) activate on the 6th cycle after the Paris protocol goes live, around June 18th. Expect your delegation rewards to go down. For more rewards, you'll have to stake/freeze your tez with your baker's. Baker delegation payments may be briefly interrupted or even briefly inaccurate. Popular Tezos wallets will have a new staking* button following the #AdaptiveIssuance activation (~Jun/18) , where you'll be able to lock tez with your baker to get higher rewards. After #AdaptiveIssuance activates some of your bakers will have separate delegation and staking fee (i.e. the "edge". This fee will be listed on popular exporers like #TzKT and #TzStats. Bakers do not have to participate in the new staking system system and do not by default; they will need to manually set a multiplier on-chain to accept stakers. Staking rewards will be on the protocol level, so no more waiting for your baker to pay manually. When staking your tez, your baker will most likely have an "edge" set where they'll receive a portion (i.e. a fee) from your staked balance. Expect some quirks following the upgrade. Report them to the respective teams or notify me so I can relay it to the right people. Please give all #Tezos infrastructure, tooling teams and bakers some grace during this migration period. * Staking -- When staking your tez with your baker in a locked state, it is separate (i.e. yours, in your wallet) but it is eligible for slashing** if your baker misbehaves on purpose or by accident while participating in the Tezos peer-to-peer consensus called #Tenderbake; You will not be able to move this locked tez and will need to wait for a period of several cycles (couple of weeks) for it to be liquid again if you so wish; By staking your tez you are helping make Tezos the consensus more secure (note: when delegating your tez you are technically not helping make Tezos consensus more secure) ** Slashing -- As a staker you will lose some balance if your baker accidentally injects multiple attestations or blocks of the same block level. Slashing doesn't happen often at all, and in Paris the slashing penalties have been lessened. This is still a risk that should be considered. Staking with a good baker is more important then ever. *** Once this Proposal passes, which likely it will. tezosagora.org/period/122 -- Questions> Ask below...











