Jerry Chong

@Disperze_ @Allnodes @NodeStake_top I hadn't realized that the Evmos discord had completely disappeared until just now. Is there any other appropriate channel to keep track of this?

@Allnodes @NodeStake_top @zanglang

🚨 EVMOS network has temporarily suspended operations until further information about this incident is available.

@coinbaron @Albert_TheVoid @lesliechn This is correct, there is currently no fee burn mechanism on Cronos. EIP1559 technically only describes a method to dynamically adjust transaction fees based on block demand, but does not strictly require it to be burnt -- the explorer displaying it as such is a mistake.

@Albert_TheVoid @lesliechn Since it's 100% of gas used, most likely it's Cronoscan showing this data incorrectly

I have seen comments that the burn has been there for a while, which is interesting. @lesliechn, can you explain what is happening? Cronos Whitepaper states that there is no fee burn on the chain. However, Cronoscan is showing fees being burned, explicitly referring to the ETH London upgrade that implemented EIP-1559.

@Albert_TheVoid @cronosapp Probably not an attack. If I had to guess, I'd say it was a stress test to verify the chain's TPS. This was from yesterday:

@zanglang @cronosapp 52k contracts deployed yesterday is that an attack? or what is going on

👀

Damn it, my shitposts keep coming true. I really should look into opening one of those highly-leveraged longs next time I write whacky tinfoil hat theories...

@Jony_Jo84 @cronosnetwork I did :) just posting it here publicly for the record.

@zanglang @cronosnetwork Need fill out form

My 2 Q's: 1. Has the crypto landscape or internal strategy shifted regarding CDC's relationship with @cronosnetwork and the $CRO token? With $CRO now featured more prominently, are changes coming to how Crypto.com engages with Cronos or its role in the ecosystem?

2. This AMA comes 3 weeks after prop 29's release, one with significant implications for $CRO holders and the broader @cronosapp community. Why the long silence, and can we expect more transparency and timely communication on major changes going forward?

Behind every seamless cross-chain transaction, there’s an unsung hero—relayers. These numbers from @SmartStake show who’s been putting in the work to keep @Fetch_ai interchain connections alive and thriving over the last 30 and 90 days. Salute to the top operators: 🔹 Architect Nodes 🔹 Cros-nest 🔹 Cosmos Rescue 🔹 Inter Blockchain Services 🔹 ChainTools IBC is more than tech—it’s a movement. Respect to the builders🫡 #IBCgang

Note that the Cronos POS chain v5 upgrade has also reduced the max inflation rate from 3.7% > 1%. This reduces the raw on-chain staking APR by about 5%, from 8.2% to 7.85% now (after deducting community tax). Card staking APR should now be 7.07% after CDC's 10% commissions.

Spicy 🌶️

@alansooocool No worries! Thanks for the support so far, and godspeed 🫡

@zanglang Jerry, sorry. I am unstaking... 😭😭

🤷

5/ 📊 Relaying by the numbers Let’s talk impact. Here’s what relayers collectively achieve across @cosmos: 📊 IBC Relayer Stats (Top 20) 📦 52,083,648 packets relayed across the ecosystem 🔗 +307 chains connected through IBC 💲 Total Relayed Value: $8,974,768,927 💰 $215,817 in fees covered These numbers show our efforts to making Cosmos a connected ecosystem. Source: ibc.iobscan.io/relayers @iobscan_ibc (note: not all chains included)

@dpz999 Yup! It's impossible to retrieve the original from Ethereum. Everyone just apparently seemed to latched on to the word "unburn" because it sounds catchy, but the official term used was "reissue" => mint from scratch.

@zanglang I’m still trying to figure out how he can unburn… isn’t the burnt gone in a unretrievable wallet. Can you guys vote to permanently burn that 70b so this won’t ever happen again… or is this chain printable always

Dear fellow Cronos POS Chain validators, I would like to cordially invite you to consider a coordinated action in response to Proposal 29. Something small and peaceful, but sends a clear message.

6 biiiiiiiiilllion dollars worth of testnet tokens: cronos-pos.org/explorer/croes…

@RoboMcGobo same thing would certainly work.

@RoboMcGobo affected overall staking APR by about 0.5% as overall block timing slowed down by a measurable amount (I had >6% VP then). Many users didn't like that, so I don't want to jump straight into this right out of the bat. But yes, theoretically finding a coalition of valis to do the

@alansooocool 真的不知道為什麼總是這樣 😂

@zanglang 謝謝 Jerry... 這點子誰想的

Jerry's Pool is voting NO on prop 29 to 'unburn' and allocate 70B $CRO for the Cronos Strategic Reserve. The prop lacks an exact allocation plan, and raises concerns about diluting the supply with no clear benefits for stakers and hodlers. zanglang.notion.site/prop-29