Moche

1.3K posts

Moche

Moche

@mocheswap

Katılım Haziran 2022
138 Takip Edilen129 Takipçiler
Moche
Moche@mocheswap·
@TheRealWeb3Kat Bunch of dumbass Dreps voting no on Strike. Stupid fucks
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Kat
Kat@TheRealWeb3Kat·
Imagine you're the owner of a sports team. Every season, you finish near the bottom of the standings. You know the reason: you can't score goals. The other teams in the league have elite forwards, you don't. Fortunately, you have one of the largest budgets in the league. But every offseason instead of investing some of your budget into goalscoring, you spend your money renovating the dressing room. You buy new training equipment. You expand your analytics department. You give all your coaches raises. You upgrade your arena. Worthwhile investments, but you still can't score. When someone finally proposes signing a proven goal scorer, you ask them to explain how they'll increase concession sales, parking revenue and whether nearby businesses will benefit from their presence. Another season passes, you're still not scoring. Welcome to Cardano, today!
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Moche
Moche@mocheswap·
@JaromirTesar You want to support growth and adoption yet you voted no to the one thing that has even a small chance for growth and adoption on Cardano; Strike.
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Cardano YOD₳
Cardano YOD₳@JaromirTesar·
Cardano is still in the top 20 and is one of the most traded assets. It has significant market recognition and a community. The brand is known to everyone in crypto. The problem is that the DeFi/RWA ecosystem is disproportionately small. The market capitalization of Cardano is not being converted into on-chain liquidity and application usage. Fees contribute negligible amounts to the Treasury. In addition to low throughput, the small DeFi ecosystem is one of the many reasons why Cardano is not in the top 10. Leios addresses throughput, which removes a major obstacle to growth. The UTxO model and high decentralization, alongside thousands of TPS, have huge potential. The next step must be to focus on the ecosystem's growth. It is necessary to admit that AlphaGrow PRIME can change this. Pentad has secured the necessary integrations with Pyth, LayerZero and Dune. We have USDCx. That is another important piece of the puzzle. These integrations are valuable only if applications, liquidity providers, and users actually use them. Integrations in themself can bring new growth. However, the effect can be multiplied if supported by capital. PRIME can therefore be seen as a commercialization and activation layer following the protocol improvements and infrastructure investment. That sequencing makes sense. We built rails. We have builders. Now we need to support builders and attract both capital and users. Unfortunately, governance has not yet supported projects with a focus on growth. Only one such proposal has been approved directly in on-chain governance, besides Orion Fund. I see this as a failure of governance coordination. Cardano urgently needs to support growth and adoption. This is quite obvious. We need to start a debate in the community about what form is best, how much funding we want to allocate, when, and who should be responsible for it. In my opinion, the AlphaGrow PRIME proposal should have been submitted at the beginning of the NCL period. Anyway, the proposal is on-chain now, including the request to increase the NCL. It's time to talk about it. As a DRep, I need feedback from the community. I want to hear both positive and negative opinions. I can assure you that I perceive both poles.
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Moche
Moche@mocheswap·
@PaddyCTO Emurgo has to be one of the worst japanese companies out there
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P₳DDY
P₳DDY@PaddyCTO·
Emurgo got 2 BILLION ada The commercial arm of Cardano Unimaginable levels of wastage
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Ryker 🇯🇵
Ryker 🇯🇵@Ryker_Crypto·
As I said, when a coin surges, whether you're Long or Short, it's very risky. Instead, study its history to understand why it's rising. $DEXE is an old project from a previous cycle that's been heavily pumped again in this cycle, and this is very rare. Here are the signs before its pump: - Listing on Futures - Then a 90% drop to shake out holders The most important sign to watch out for is an old project from the 2021 season that's been listed on Futures within the last year or so. Apply these tips to find other potentially profitable coins. Follow @Ryker_Crypto for more insight.
Ryker 🇯🇵 tweet media
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Sssebi🦁
Sssebi🦁@Sssebi·
Cardano is going to break the internet🤯
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Moche
Moche@mocheswap·
@CashAnvil They haven’t let us down. Emurgo and CF have fucked all of us
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$cash
$cash@CashAnvil·
This is the epitome of the points I have been making lately about “if you build it they will come”. It’s been made abundantly clear at this point that is not the case. BD is extremely important, if you want Cardano to succeed it’s not optional anymore. Our BD and commercial arm have let us down to this point, not debatable. This is one of the main reasons I’m supporting @alphagrowth1 because I think it will shine a very positive light on the ecosystem we have built and allow us to have some reach outside of our bubble. This is the main reason we went out and secured our own relationship with @selloutio and tried to bring them into Cardano. It’s really not that complex of an issue.
Charles Hoskinson@IOHK_Charles

@WelfBrandolf Why would it be? We started there, but we need commercial representation to make these deals. If you want them, then pay for them. Use the treasury to finance an initiative and seal deals. Or have learned helplessness over social media and earn bonus points for blaming Charles

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Charles Hoskinson
Charles Hoskinson@IOHK_Charles·
@WelfBrandolf Why would it be? We started there, but we need commercial representation to make these deals. If you want them, then pay for them. Use the treasury to finance an initiative and seal deals. Or have learned helplessness over social media and earn bonus points for blaming Charles
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Moche
Moche@mocheswap·
@dori_coin Holy fuck, this chain is just killing itself
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dori
dori@dori_coin·
I'm voting No on the Strike Finance Liquidity Deployment proposal. First off, I do recognize what Strike Finance has contributed to Cardano. But, as much as it pains me to say it, Strike Finance in its current form is hard to even call a Cardano-native product. I'm voting No for two reasons. 1. The proposal says it will "increase on-chain trading activity," but Strike V2's trade execution happens off-chain on the Strike Node, and L1 only handles deposits, withdrawals, and settlement. What the treasury funds create isn't on-chain transactions or fees, but market-making liquidity for an off-chain CLOB. On top of that, this off-chain processing doesn't even run on Hydra, the scaling solution built on Cardano's eUTXO model. It runs on Strike's own execution layer. In other words, it isn't even going in the direction of using Cardano's own infrastructure to become a reference point for the ecosystem. So Strike Finance's growth in trading volume doesn't translate into a direct contribution to the Cardano network. 2. The proposal doesn't prove the link between "more Strike traders" and "more users and liquidity for the Cardano ecosystem." Even with a target of 5,000 traders, there's no basis to assume they'll hold ADA, use other Cardano dApps, and stay in the ecosystem. If anything, the fact that around 50% of the trading volume comes from Ethereum users shows that these people are just using Strike, which is a different thing from actually coming into the Cardano ecosystem. To sum up, this proposal reads more like the treasury investing liquidity for yield into a protocol that's hard to even call Cardano-native. I believe treasury funds should be used in a direction that genuinely brings users and liquidity to the ecosystem as a whole, and since I don't think this proposal meets that bar, I'm voting No.
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Moche
Moche@mocheswap·
@UtxoSaint In tech, adoption is everything. No one cares your protocol is better
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Saint
Saint@UtxoSaint·
So $ETH is trying to get into UTXO. And $SOL is getting into governance. But both of them first went after adoption before other things. #Cardano chose the opposite path! We took the togher UTXO path and also did the much tougher governance… but on adoption we are nowhere close. This is in many ways a litmus test. Which approach is/was better? So far it does look like focus on adoption first definitely has been better… Let’s see in the coming days if that holds…
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Aichi/Tokai Stake Pool 【AICHI/TOKAI】(ADAコインステーキング)
カルダノ財団が新しいCardanoガバナンスのアイデア募集中。 何らかのプラットフォームでADAホルダー、DRep、SPO、CCメンバーで分けて参加できる場所を準備し、建設的な環境を作っていくとのこと。 みんなで『ここはこうしたらいいよ』と意見が出始めているところです。まだ設計段階ですが、良い議論になるといいなと思います🍀 forum.cardano.org/t/cardano-gove… #Cardano #ADA
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SecondFi
SecondFi@secondfiapp·
⚠️ SecondFi Is Currently in Quarantine Mode SecondFi is running in quarantine mode. It's the same application, but transactions are disabled. You can view your balance and wallet address only, you cannot send, swap, or move funds. A screenshot is below so you know what to expect. Please protect yourself from scams. Only download SecondFi from our official link: secondfi.io/download Do not accept download links from anyone else, including emails, messages claiming to be from SecondFi. Chrome extension is live, app store is pending store approval.
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Linda
Linda@Cryptofly777·
Solana just launched decentralized governance and is stepping in Cardano's footsteps. So let's compare both systems and see what we can learn from it 👀
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Midnight
Midnight@MidnightNtwrk·
Privacy isn’t about hiding. It’s about ________.
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Moche
Moche@mocheswap·
@JaromirTesar Going by their track record, they probably contributed next to nothing significant
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Cardano YOD₳
Cardano YOD₳@JaromirTesar·
In my opinion, EMURGO did not have to leave Pentad because of the unfortunate SecondFi incident. Instead, they could have announced the sunsetting of the Yoroi/SecondFi wallet and retired as DRep. EMURGO + Yoroi together are the strongest DReps with huge voting power. Retiring Yoroi DRep would be a much more responsible approach from an accountability and decentralization perspective than giving up Pentad duties. Pentad is not transparent, so I cannot assess how EMURGO contributed. I expect the remaining Pentad members to comment on this. DReps approved the budget for Pentad, so the community deserves to know what the consequences of EMURGO leaving will be. I see no connection between Pentad duties and the SecondFi incident, so I don't really understand EMURGO's reaction. I am all the more curious about the next announcement. What is your opinion on this?
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ADA Orca
ADA Orca@adaorca1·
EMURGO is slowly but surely making its abandonment of Cardano official. To be honest, I can’t remember them doing anything particularly useful for Cardano during the time I’ve been active in the space.
EMURGO@emurgo_io

Today, we formally notified the entities that we will be stepping down from our duties as a member of the Pentad. We want to thank the members for their shared commitment to Cardano throughout our time working alongside them. Our immediate priority is the @secondfiapp recovery process, and we are concentrating our resources where they are needed most. We believe this is the right decision for our users and for the ecosystem, and it reflects the standard of accountability we hold ourselves to as a founding entity of Cardano. As stated by SecondFi, quarantine mode is being enabled this week, letting users check if a wallet address appears in preliminary incident data and submit a support ticket. Our intention is that next week, the secure wallet export will be deployed to help affected users safely move assets to a new wallet. On asset recovery, we continue to make progress with the recovery tool, initiated through a portal, that keeps users in control while protecting their information

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