Yeguls

@Maya_Protocol Q: when will the next churn be? Also, is working for TC actually net beneficial for Maya or just pulling our devs away from 1st priority MP? Bc from the side it looks like Maya devs are firefighting for TC while letting MP updates get pushed back.

The TL;DR of the week. Maya updates. Crypto updates. Community Q&A. Tomorrow • 11 AM CT x.com/i/spaces/1DxLd…

@Shft_Ctrl @Maya_Protocol Honestly it should be the other way around. Aaluxx and crew created a solid product without the baggage of the TC name and thorFi drama, plus rescued TC twice (Prop 6 and stepping in after 9R left.) Why should they abandon their project and all their upside?

The whole point of $CACAO investment was redundancy, slight capital efficiency, some different assets & non US team to mitigate jurisdictional risk Now you get pretty much all that with $RUNE & more Personally I think having @Maya_Protocol as redundancy is crucial however considering how intertwined both projects have gotten they must merge or maya will slowly bleed

@Soulgear @tradebutwhy Maya Protocol supports ZEC

@tradebutwhy whats best dex to slurp?

I've been hurt far too many times by this problem child but ZEC/BTC just left its logarithmic (!) descending channel for the first time since 2017 is mert single handedly shaving zcash?

@kylekrason Send-to-swap

@CryptoHayes Maya Protocol already did the heavy lifting to support ZCash for decentralized cross chain swaps. Shielded transaction support rolling out very soon.

$ZEC shielded tx are going to power the next wave of true DEXs. What are your picks for the winners of a true privacy enabled DEX?

@unstoppablebyhs Will you be ready to support Serai at launch? Allowing users to add BTC, ETH, DAI, and XMR to the liquidity pools during the genesis period?

🚀 We’re Going All-In on Monero 🏴 Last month we shipped Monero support. Next week, a major upgrade drops: 1️⃣ Faster sync (refactored logic) 2️⃣ Subaddresses support 3️⃣ Clearer sync progress (see blocks left) 4️⃣ View/Spend keys 5️⃣ “TO:” address in tx list & details 6️⃣ Watch-only wallets 7️⃣ Pending tx visibility 8️⃣ QR code improvements 9️⃣ Edit/change birthday height anytime We built this with your feedback. If something’s missing, drop it in the comments. Our implementation is open source - other iOS/Android projects are welcome to reuse it in any way they deem necessary. The more private wallets, the better. Stay private. Stay safe. Be Unstoppable 🏴

@r_a_d_a_n_n_e Developers charge in fiat terms. The best way to sustain CCS long-term is NGU. Shift a strata of med. holders (500–1000 XMR) 2 orders of magnitude wealthier - R&D solved. A protocol level dev-tax is centralizing, hard-codes power, & creates governance capture. should be avoided

These are questions of curiosity, not criticism. Appreciate any comments and opinions. While I'm glad to see these open proposals combined reduce the chances of the PoS layer to fit in, I wonder about the crowdfunding model's long-term sustainability. The mining rewards are no longer what they used to be, especially if bad actors siphon 30-40% of them, or more. Early adopters may be less willing to part with their funds over time. We already witnessed CCS proposals struggle for funding. The rate some of these devs expect is top US market rates. I get it, they are experts. And that's their price. But it's community work, not a high-end corporate environment. The unpopular question may be, what makes this please-pay-me-I-am-dev model better than a mining dev tax? Does it follow that it relies on the crowd's dwindling generosity rather than a stable funding stream for R&D continuity? Some regular donors keep the system afloat. What happens if they're not around for any reason? Is there anything wrong with this picture, or all fine and dandy, business as usual, forever?

@BooneW @THORChain Match all POL contributions with an equivalent burn to the Rune Reserve balance. And in the situation where available pools are deep enough, start building a Reserve balance in a diversified set of assets.

10% TCY 5% Devs 5% Marketing 20% POL (10% RUNE "burn") 60% Security $RUNE @THORChain This is the way

@SteaknShake Cracker Barrel re-brand logo is giving me the same vibes as Golden Corral @goldencorral, the bottom barrel all you can eat buffet restaurant

It is a $700 million rebrand! $1 million per restaurant. $30 million on Consultants alone!

@KentonC137 @WithTheCoke @unstoppablebyhs I was under the impression @khalkaz was on board with making it happen, is there really no feasible compromise to make that work? If not, then I understand the decision.

@Yeguls_ @WithTheCoke @unstoppablebyhs I talked to LeoDex about it and he said no. Plus LeoDex is closed source.

The official #THORChain frontend is coming soon! 🚀 @KentonC137 has been hard at work collaborating with @unstoppablebyhs.

@khalkaz @920rr @KentonC137 Yes, please, this is the best approach. LeoDex's zero-fee TC front end has competitive quotes, we need to grow volume asap; resources should not be spent on something that is already built. Let's get an agreement in place with a new domain and let Khal operate it.

Personally, I see some issues with doing this LeoDex is happy to continue running this, even on a non-LeoDex domain The issue with acquiring becomes who will maintain Thorchain is a decentralized project, why not let a community contributor like LeoDex run this and make it the proxy official interface? Happy to discuss the upsides and downsides of this approach

Coinbase has spent $2.5 billion dollars over the last 6 years on marketing. Anywhere from 4% to 16% of their total revenue. Source? 🧵

@EricForgy @FelisNorwegicus @Maya_Protocol @THORChain It did, and it was also a bad idea. Extracted 10 million Cacao value from the system. But those were the agreed terms at launch, we are now past that point and can move forward with CacaoPool.

@FelisNorwegicus @Maya_Protocol @THORChain ILP is a bad idea. Maya never implemented it. Right? . . . Right? 🧐

I just learned that @Maya_Protocol redirects 10 % of its fees (5 % after the $CACAO pool launches) to its treasury, mainly to cover impermanent loss (IL) protection for its liquidity providers. This got me thinking. 💭 Would it be an idea for @THORChain to repurpose the current 5 % $RUNE burn into an IL protection fund? THORChain used to have IL protection, and personally I find it much more palatable to enter an LP if I know that the worst case scenario is that I exit with the same amount I entered with. 😺👌 Now, add the ability to bond LP units on top of this (a feature Maya already has), and I'd say we have a way to make LPing on THORChain great again! 😸👍 Any thoughts?

@ObfcLC FCMP++ will start with 127 decoys (128 ring size), correct?

@ObfcLC Monero's tail emission is already dynamic in a way. Usable supply will likely asymptote because a certain percentage of coins each year will be lost whereas the tail emission is linear. The only thing that really matters is usable supply, not total supply.

@exitnode_ Total supply is a red Herring. The figure that matters is the usable supply. Some percentage of coins will be lost in any given year (exponential decay), but because tail emission is linear, the usable supply will reach a steady state.

🧵0.6 $XMR every 2 minutes. That’s not inflation run wild. That’s controlled, permanent security funding. While others chase fee markets and halving hype, #Monero chose sustainability. Let’s break down why that choice matters more than you think.👇🧵 Like, follow, and share!

@MoneroMavrick @xmrbazaar @xmr_chat @MonericaProject Hype cycles are good for adoption. This is a fact that Satoshi understood and why there are 4 year block halvings. XMR to $5000 retracing to $1000 is preferable to crabbing. We need new holders and larger a community, that will bring new devs and more adoption. Hype, ngu, works

$XMR next stop 🧲 top 20

@simmons00193 @cryptocomicon I agree, we just cannot choke the use case of USING Monero as private digital cash. The community must promote circular economic activity and people cannot be afraid to spend their Monero. Luckily the adaptive blocksize is already a huge step forward in allowing onchain activity

Monero $398 Bitcoin $111K You will never have another opportunity like Monero, but only if you do what bitcoin whales did back in the day: 1) Understand what Monero is 2) Committed to buying and holding for years 3) Don't use leverage or money that you need to get back 4) Are tough enough to ignore people who would like to shame you 5) Are disciplined enough to keep your mouth shut Bitcoin whales did all of the above back in the day. They did it for ten years or more and you can do the same with Monero. Be aware: Monero's market cap is not about utility as money to spend, it is about hope, about escaping financial destruction and ultimately about opportunity. The ability to spend it privately with small transactions provides long term viability for Monero. But that's not the most important story for the current repricing. The ability to acquire, hold and move Monero privately is the desperately needed utility for wealthy people. They may not know it now, but they will figure it out soon enough. Most of the wealth in the world is in a few hands. Your opportunity stems from the fact that most of those people don't understand Monero, yet. NOW is your chance to front run them.

@vikrantnyc @cakewallet It's an amazing use case! Well done 👍 Everyone getting on the $XMR train should use this tipping feature! So easy for new users to get involved, highlights its digital cash feature, supports the circular economy, and strengthens the network with more transactions 🟠

@Yeguls_ @cakewallet Of course i know.. i created that feature. 🙏🏽🙏🏽. Glad you like it!

Just learning about this privacy coin called Monero $XMR, can't believe I never heard about it before. What's the best wallet to use? And where should I buy it?