
devdatt
2.9K posts

devdatt
@datdev
primarily a dev @KuruExchange. secondarily a master at round tripping. do not follow me for making money


$1.2M of trading incentives are coming to Kuru. Our goal: make Kuru the primary venue for price discovery on Monad. If you run strategies, we want to work with you ↓



90% of exploited smart contracts were previously audited. The industry's response was to do more audits. At some point you have to ask different questions.


Look at this address, it got minted 18m tokens and deposited 5m in Binance and sent tokens to other addresses They said no tokens for MMs or CEXs mega.etherscan.io/address/0x4f20…








It's complicated but here are some thoughts: - the Monad Community was and is one of the genuine communities in crypto - airdrop speculation attracted a lot of additional people who were motivated by the airdrop. It was very difficult to protect the existing community without getting called lots of names for being "gated" etc. IMO, the Community Team did a great job balancing this, but of course the team was not perfect. Lots of people gave a lot of themselves, building friendships, taking on leadership roles, organizing events, etc. It was on the team to evaluate all contributions (while trying to build as many tools to decentralize the decisionmaking). When there's money involved, there can be jealousy or envy. - there was also the problem of people who were not really in the community at all, claiming that they were a part of the community, complaining about being shafted, posting screenshots to "prove" they were "one of the 5500" or whatever. It is a similar problem to random NFT projects deploying on Monad, failing to mint out, complaining about not receiving support, and spreading negativity. There's nothing you can really say or do to appease these folks, and when community members respond it also generates more negative messaging and noise. - the negativity gets picked up by people looking for engagement, who post screenshots and hot takes. In a bear market, where lots of people are down bad, there is a desire to tear others down. I guess the solution would be to not airdrop at all, and to make that super clear as early as possible. But that would also be wrong (in my opinion) since we do feel that the community members were and are a big part of Monad's success. Some other projects have taken the approach of letting whitelisted people buy at discounted prices - I understand the logic but I think it unfairly discriminates against those who have no money at all. And also what if the "low price" you choose is actually not low enough in a severe market downturn? (We are seeing that now with a lot of other projects.) I also don't begrudge anyone who was very active in the Monad Community, but has since moved on to some other pre-TGE community. Everyone is entitled to their own choices. TGE was a rite of passage. Things have become a lot clearer since then. The community that continues to be active is truly special. It is clear that these are the folks who were true Monad supporters. 100 such people are more important to the success of the project than thousands before mainnet. To the folks that are still here, supporting the project and the builders, I am extremely grateful, and certain that we will make you proud. Nothing is easy, but we are not afraid of the challenge.


If Monad has a million haters, then I'm not one of them. If Monad has ten haters, then I'm not one of them. If Monad has only one hater then that is not me. If Monad has no haters, then someone nuked Nigeria. If the world is against Monad, then I am against the world.
















