"I work in crypto because of the immense positive impact I believe it can have on the world by removing gatekeepers, and increasing access to value and ownership, the same way the internet has for information."
Long thread, no TLDR:
Throughout Uniswap's history, there have been many moments that upset people
Raising VC funding, adding fee switch to v2, not having a token, having a token, criticizing Nomi days before he rugged, blocking certain tokens in the UI, geoblocking OFAC…
$EVMOS will dump today. Testnet rewards (5.6 million evmos) were delivered 14 days ago and 2.6m are finished unbonding today. Expect price to rebound to 0.40-0.50 range. NFA
Yesterday,
@EvmosOrg
released its 2023 roadmap. It's a 3,000-word document detailing a Cross-Chain future as envisioned by the Evmos Core Team. Here is a TL; DR image and a thread explaining some of it.
Be better.
You can say anything you want about
@gadikian
's way of communicating and work, but have some dignity and stop kicking a man while he is down. If you want to derive pleasure from the suffering of others, stop sharing it on social media and being transparent how much of…
A year ago cosmos prop 72 gave
@jelenaaa____
,
@jackzampolin
,
@zmanian
and
@davidfeiock
150,000 ATOM. From what I can see, 25k ATOM was sent to P2P and staked. 16,250 ATOM were sent to SOMEONE 7mo ago, sold on osmosis and bridged out. This last one is still spending those funds…
Cosmos Police, why aren't you crying to the skies about this CURRENT scam? I remember some defending them a couple months ago, but now remain quiet and decide to attack other chains instead.
This is the explanation from
@Levana_protocol
of why their "market maker" dumped $400k on the LVN LP.
This is either incompetence or a clear rug. Either way, there is a reason
@osmosiszone
removed the Levana banner from their site. AVOID $LVN or Levana.
Trying to force projects to go open sorce seems like trying to force your worldview on someone. It's rude and if you don't like to use a closed source product, don't.
@TeamKujira
has done a tremendous amount of innovation and development in Cosmos, they don't deserve this.
My $DYDX thesis for the upcoming year.
Why I think it's going to explode, and it can only get bigger as more features and markets will be added. DYDX will refer to the new chain token and ethDYDX to the token on Ethereum.
1/7
Attention
@StargazeZone
stakers. There is an attempt to take 8M stars for the community pool to be used in CosmosMillions.
Redelegate from any validator that is voting yes on this and override their vote by voting No yourself.
The
@EvmosOrg
Grants Program is live! This is great news for $EVMOS and will bring much needed dev work to help power the multi-chain thesis. I'll be part of the multi-sig, representing
@Zenith_Station
. Here is how will it work 👇
I've seen a validator that uses the term DAO politician for leeches disguised as politicians of chains. I think there are also plutovalidators. Validators that validate any chain that makes them money and vote for their own interests without any governance participation. 1/5
Low transaction costs are not a feature of Cosmos, its a weakness. The fact that IBC, one of Cosmos USPs is completely subsidized by validators and chains are not actively trying to solve it speaks volumes of how Cosmos sees itself.
A validator in
@osmosiszone
in the
#100
spot generates $233 a MONTH in commission. Unless protocols have established delegation programs of some kind, they are contributing to the centralization in
#Cosmos
ecosystem.
1. Proposal for Osmosis to be acquired by Atom.
2. Future Atom sell pressure starts tanking price more.
3. Uncertainty about the future of OSMO tanks the price of it as well.
4. Cascading effect on all Osmosis liquidity.
5. Death spirals.
Sunny can't walk away easily.
Did you know Axelar bridge can stop the bridge without governance or validator support? They can also set the bridge fee in the same way. Currently there is no incentivized stablecoin alternative in
@osmosiszone
.
Don't trust, verify.
Mintscan asking for $2-3M (at bottom of a bear prices) for more funding while still extorting new chains for top validator status. Mintscan 2.0 being the failure it is at being an explorer, they should be ashamed.
As promised here is my premier on how to trade on
@dydx
for
@cosmos
natives. This will be based on current v3 but most of it will translate to the new v4.
1/23
Since this year I missed
@CosmoverseHQ
, decided to do a summary thread of all conferences. Will try to summarize each conference in one tweet (want to expand you can watch the full conference at the timestamp).
So here is Day
#1
.
Name a better dev team than
@StargazeZone
.
They SHIP.
I've seen features added every week that improve the experience in their platform. It's amazing seeing the app evolve every time I use it. Had an issue with how auctions were displayed, fixed the same day.
Stargaze has a new page on their website 👀👀
Can now trade directly from Osmosis or Cosmos Hub or any other chain to Stargaze chain directly to buy your favorite NFTs. This is all powered by Skips Frontend.
I'm gonna be starting the
@stride_zone
delegation program working group so it is community driven. Any stride community members or validators dm me here or on tg so I can add you. We will begin with
@osmosiszone
, then
@EvmosOrg
and then revisit the
@cosmoshub
delegations.
Someone called me a Gravity supporter recently. I'm not, specifically, I'm just fundamentally against tying half the liquidity of
@osmosiszone
to a centralized, "trust me bro" bridge.
.
@gravity_bridge
is a decentralized bridge. There are no dev back doors/multi-sigs and it's permissionless. No one will perscribe how you "should bridge" or interact with it.
Decentralization is freedom and resilience.
Was it part of the plan to ask every chain for money (+$50k each)?
@Mystic_Labs_
is now asking chains for money to integrate to The ALREADY FUNDED metamask/
@cosmos
integration.
At least wait to have an MVP before the shakedown.
@Mystic_Labs_
has done nothing besides being…
FYI I asked
@SchnetzlerJoe
if he could start working on this asap trusting I'd find funding AND an auditor. I proposed 50/50
@OsmosisGrants
+
@ATOMAccelerator
split, both turned around in <2 weeks.
@agoric
instantly said they would reserve free audit to make MM august deadline...
Although the USD amount is wrong. Think it leads to an interesting conclusion. Of the $12M spent from the community pool in the past 12 months, 9.1M went to
@OsmosisGrants
, which is for the most part controlled by the
@osmosiszone
foundation. Not much "community" in this CP. 👇
The total spends coming from the community pool exceeded $40M $USD this year.
This underlines the importance of minimizing expenses in the ecosystem: The pool is huge right now, but if we spend another $40M its nearly gone!
@ATOMAccelerator
is asking for $1.2M in compensation and another $1.2M in bonuses for 2024. It was a great run but sadly this is the result of having a centralized self selected DAO.
$2.4M just to pay themselves.
gg
@cosmoshub
⚠️WARNING⚠️
There is a scam post doing the rounds for Nomic on Twitter.
Mappum's account has been hacked and so it's being posted by a real dev account but this is a scam!!
NOMIC TELEGRAM IS ALSO HACKED
DO NOT CLICK!!
NOMIC IS NOT LIVE
Tether USDt comes to the
#Cosmos
ecosystem! We have chosen to deploy USDt on
@KAVA_CHAIN
, the gateway to the Cosmos ecosystem. USDt on KAVA is launching on July 3rd.
Read more
Have you tried the Supercharged Liquidity pool on
@osmosiszone
? It is similar to concentrated liquidity on Uniswapv3 but has some key differences.
-The tick size is smaller, so you can have more granular control over the range.
-Has some nice presets for different ranges.
1/2
Dont buy any token pushed by desperate influencers, specially not a rug called $PUPPY. They are trying to make you their exit liquidity, as they do with all their tokens.
$DYDX rewards for trading are now LIVE. You get an immediate DYDX reward depending on your fee, this rewards will triple by February. Furthermore the chaos labs $20M incentive program kicked off, will share more details later.
BREAKING: $ATOM to inflate by $80M to manage this M&A.
BREAKING: Negotiation handled by the decentralized dev team and the decentralized DAO in a decentralized way.
Proposal 362 on
@osmosiszone
will pass tomorrow with only 38% of the community agreeing with the proposal.
Yesterday I tried to correct our "No" vote by speaking to
@derekhue
on discord while he was online, was ignored.
This is a huge defeat to governance on Osmosis.
It is interesting memecoins are popping off on Astroport/Neutron and not
@osmosiszone
who arguably has more liquidity. Think maybe two reasons for it, pool fee and Unverified tag.
Both have their reasons to exist, so I wonder what the correct approach is.
Here is my summary thread on the 6 forum posts funded by
@ATOMAccelerator
. Quoted tweet has 5 linked posts but there were 6 if we include the proposed inflation change thread.
🧵
We have funded teams from
@blockworksres
,
@RMIT
and
@binary_builders
to work on modules that will postion
@cosmoshub
tokenomics for a ICS world and beyond.
The teams have been presenting their research to the community.
Input and questions encouraged.
🧵
I'm thinking we should start discussing NOW what we should be doing in June with the ProtoRev revenue in
@osmosiszone
. For me burning the $OSMO and using the other tokens to buy/burn osmo seems like the best play. Thoughts?
With only 60 followers left to 1000, I've decided to run a contest for my follower
#1000
.
The lucky person will win $1 USDC on osmosis. Let the hunger games begin.
@badkidsart
auction almost over. Went from 1 $stars and now at 53,000 $STARS
Cool thing about the
@StargazeZone
live auction is if a bid comes in the last 15 minutes, auction is extended to 15 minutes again. Prevents last second bids. Awesome UX! 🚀
Love the new
@in
/habitants collection on
@StargazeZone
. So much so that the first 20 people that post their stargaze address with at least one NFT from this collection will get another one for free (400 $STARS floor).
Follow
@in_habitants
to participate!
This comment is extremely ironic. Considering the recent
@cosmoshub
ask by them, the current state of Interchain info and the fact that
@EvmosOrg
have been working as support for a YEAR, with metrics to back it up (that's on the proposal by the way).
This space was interesting and highlights why Cosmos is what it is. Best solution is what
@sunnya97
mentioned that we should bring in users from CEX, not ETH.
Our top apps are still bad:
-
@astroport_fi
is very hard to bridge into and still no CL on
@Neutron_org
-
@osmosiszone
…
It's interesting seeing so many comments about making ATOM a fat chain and even buying up protocols. Wasn't the point of app chains to be specialized chains?
I enjoy checking
@badkidsart
listings on
@tfm_com
and sorting by deal score. It is an easy way to find deals considering floor price and rarity.
Can do it with any collection as well! Basic tool to navigate
@StargazeZone
collections.
40 second explanation on why the
@EvmosOrg
vision is the future of crypto. You can already see the building blocks of it in what the team is pushing every update.
Anyone knows if there is a way to report a chain that wants to control every aspect of their "decentralized chain"? Like trying to dictate the use of the community pool? Controlling the grants program? Trying to defund community initiatives?
Asking for a friend.
@osmosiszone
is voting to kill incentives for every pool except some key assets. This will remove any differentiator for Osmosis and effectively kill off any competitive advantage.
@Interbloc_org
has voted NWV on this.
Looks like you guys caught wind of our plans to join the $ATOM economic zone! 🐙
🤝 We appreciate
@Thyborg_
for considering
#Umee
a prime
#DeFi
money market candidate and look forward to joining this collective to further support the growth of the
#CosmosEcosystem
together! ⚛️
Interchain Allocator on
@Neutron_org
is asking 10M $NTRN (1% of supply to build).
At current prices that is 4 MILLION USD. With 1.2m deliverable at the start.
Am I missing something?
☄️ Brace yourselves!
DeFi is in for a major shakeup!
Evmos and
@tashi_finance
join forces to bring innovative lending and borrowing to the Cosmos ecosystem!
If you're into DeFi, KEEP READING...
🧵
Asking a third time, since it seems like blatant corruption at this point.
@ATOMAccelerator
release the other tokenomics proposals to see why you chose what you chose. We can't have nepotism on the grants program.
Thank you
@CosmosDefi
for the clip.
Learnings thanks to previous post re
@Mystic_Labs_
/ Metamask work for
@cosmos
:
- is the dev behind the integration,
@johnthebull2
does all the non-dev work.
-Funding requests beside initial funding are for high performance RPC nodes.
-
@OsmosisGrants
…
Was it part of the plan to ask every chain for money (+$50k each)?
@Mystic_Labs_
is now asking chains for money to integrate to The ALREADY FUNDED metamask/
@cosmos
integration.
At least wait to have an MVP before the shakedown.
@Mystic_Labs_
has done nothing besides being…
Ever ran out of $OSMO? Here is our faucet to help you get that tx through.
Although with Osmosis tx fee options it will be rarely need, it has helped with new tokens and other fringe cases.
Do
@CosmoverseHQ
inspire people to propose this crazy ideas? Atom 2.0 was last year, now this.
Maybe we should ban alcohol consumption during cosmoverse.
The
@evmosorg
mod team provides support to the evmos ecosystem and need appropriate funding to move forward. I expect all validators voting no on this to provide support in all evmos channels if this proposal fails. (I'm sure they won't).
My take on prop
#104
.
@notionaldao
is a very hard working team that wants to make money working on the
@cosmoshub
.
@interchain_io
, the foundation behind the hub DOESN'T want to fund them. Notional insists on working on it. I think it's OK if community decides to fund them. 1/2
Did the complete wallet analysis of the STAR whale selling on Osmosis just to confirm Don's data.
daoist.stars funded this osmosis wallet with 14M STARS, proceeding from 32M STARS of staking rewards. Those 14M were sold for a total of $5.8M (60% USTC)
@stride_zone
team listened to the community and the proposed merge has been dropped. Great job from the team of listening to the communities and trying to have an open discussion on this, even if there were opportunities in the execution.
@mahorstman
Another good reminder that someone that is an expert and thoughtful in an area of life isn't an automatic expert or has a worthwhile opinion in another.
I'm very active in two communities,
@osmosiszone
and
@EvmosOrg
. The amount of work moderators/support put into helping users is crazy. There needs to be accountability but that's what I like about the
@EvmosDAO
team structure.
Please don't leave users without support.
The
@evmosorg
mod team provides support to the evmos ecosystem and need appropriate funding to move forward. I expect all validators voting no on this to provide support in all evmos channels if this proposal fails. (I'm sure they won't).
Despite my initial reaction to this, stride team has really shown why they are one of the top builder teams in the echo, this FAQ is great at responding to most common complaints I've seen.
Still against it though.
It’s great to see so much thoughtful public discussion about the potential STRD -> ATOM token conversion.
This is Cosmos at its best ❤️
To keep the conversation going, here are clear answers to 10 common questions people have been asking 👇
#𝟏. 𝐖𝐡𝐨 𝐠𝐞𝐭𝐬 𝐭𝐨…
We should definitely do a proper framework for LST liquidity. Can't complain about the
@WhiteWhaleDefi
ask when Osmosis gave
@stride_zone
4 times that for less utility.
20M stOSMO spend was too high but passed.
5M ampOSMO/boneOSMO spend is also too high.
What if we re-evaluate the previous Osmosis LST spend to provide a subsidy to organic liquidity/depth and allow the incubation of LST protocols on Osmosis?
Users thinking their token is dropping 90% because validators are selling their 5% commission is one of the first thing I heard in Cosmos. It's insane if you think about it for 1 minute.
Wrong. I absolutely detest this way of thinking.
Validators getting rich is good for the chain, job creation, alignment etc etc. Many validators do more than just sign blocks. It’s a sign of a thriving ecosystem, it’s one of the reasons why atom has done so well with doing…
Why I think the Neutron x Duality merge good news for ATOM:
No additional costs incurred to run Duality. Every new chain adds significant costs to validators that take YEARS to break even.
Increased volume and therefore tx fees going to the Hub.
No liquidity fragmentation. This…
Neutron and
@dualityxyz
Protocol Merger Proposal ✴️
A proposal for the first-ever Cosmos protocol merger is now live on the Neutron Forum.
Dive into the details:
Explore the merger 👇