Nallok | 👾⚙️
@metanallok
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interim benevolent dictator @MetaDAOProject head of defi @toa_capital co-founder @lodeventures
Kuala Lumpur
Joined September 2021
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All you $CAKE lovers our there has anyone ever hit the following keys on the
@PancakeSwap
website?
up, up, down, down, left, right, left, right
👀
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Damn Federal Reserve Board listed their example Blockchains in their “Tokenization: Overview and Financial Stability Implications” publication:
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#PancakeSwap
, $CAKE holders, degens all around. What's up? What's happening this week?
Who's ready for the launch of the largest
#NFT
marketplace, created by
@PancakeSwap
?! And all done on
#BSC
and $BNB.
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#PancakeSwap
$CAKE supply is growing at about 0.18% a day including the burn. This means with the
#PancakeSquad
mint and
#NFT
Market they'll need to cover around $8M a day in txn fees to buy back enough $CAKE to reach the goal of 0 emissions. 1/2
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@Muncheds2
Derivatives are always fun. My personal favorites were Fourier series (just because programming) and Laplace transforms. I got a kick out of local min/max but unsettled there is no way to ensure accuracy than completely searching the topology. Kinda like how fluids are chaos....
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All the $CAKE lovers out there.
#PancakeSwap
's most recent burn details broken down for you. We're shedding the inflation slightly (approximately 0.05% per day)!
Here comes emission 0.
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Who’s buying and who’s selling at the
#PancakeSwap
#NFT
marketplace launch? Share your strategies below 👇🏽
Such $CAKE, such hype! It’s hours away!
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Sooo... 8 hours in. How's everyone feeling about the
@PancakeSwap
#NFT
marketplace launch?
Any ideas, anything you're looking for?
Still looking forward to the minting of the
#PancakeSquad
with $CAKE?
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I know you $CAKE degens want to know what dark mode looks like. Chef Corgi been working hard. 😍🥰
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By all accounts the
@PancakeSwap
#NFT
marketplace launch was a success. Even with only one NFT collection being traded it's certainly something to keep an eye on.
With 15,817 of 310,687 users trading an NFT that's 5.09% of the accounts on
#PCS
. Still tons of room to grow.
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Yo. Credit where credit is due.
@PancakeSwap
has not only checked a lot of societal boxes for inclusion and diversity, it is also not doing business in a traditional manner. We need more projects like this in the world, it’ll be a better place because of it. Keep on flipping!
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Offically out! Man cannot thank
@mtndao
enough, truly one of a kind event. I was speaking with
@barrett_io
about the challenges with something like this and hats off to all the organizers and sponsors. You’ve certainly marked my calendar annually for the rest of time.
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$CAKE
#Mondag
2021-12-06
Inflation:
0.6824% weekly
0.0974% daily
@ibedino
for the name, have questions about Mondag? Ask them.
Be sure to check out
@95_irene
for a more in depth analysis.
@PancakeSwap
for their lovely DEX.
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Proposal 12 has passed.
@MetaDAOProject
has allocated up to $96k to build out Futarchy as a Service (FaaS). Would love for people to follow along with our progress
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$CAKE
#Mondag
2021-11-22
Inflation:
0.6101% weekly
0.0871% daily
Thanks to:
@ibedino
@95_irene
@PancakeSwap
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$CAKE
#Mondag
2021-12-13
Inflation:
0.7541% weekly
0.1077% daily
Mondag? Really? Ask
@ibedino
I know
@95_irene
is going to be discussing this soon!
@PancakeSwap
are you flipping more flapjacks?
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#Mondag
$CAKE 2021-10-12(ish)
0.95% weekly inflation
0.13% daily
(NOTE: This weekly burn does not include the Farm Auction)
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I just submitted a draft proposal to get
@MetaDAOProject
and futarchy in the hands of other DAOs on Solana:
Bring the questions and comments to Discord. If you're a DAO interested please reach out to me or
@metaproph3t
we want to hear from you!
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$CAKE
#Mondag
2021-11-29
Inflation:
0.7862% weekly
0.1123% daily
#Mondag
naming credit goes to
@ibedino
Motivation credit goes to
@95_irene
(check her out for more in depth analysis).
As always
@PancakeSwap
for their platform.
There's a vote to reduce emissions! Vote now!
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Such an honor to call this community peers. I’m humbled and amazed at what the giants have done and I’m only where I am because I stand on their shoulders. 🫡
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You can now swap spot META/USDC from the
@MeteoraAG
pool using the
@JupiterExchange
widget in the Futarchic markets of
@MetaDAOProject
. See you in the books!
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@AltcoinDailyio
@CakeCompounder
In crypto people lose their life savings everyday.
Markets are a 0 sum game. For you to win, someone has to lose.
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$CAKE
#Mondag
2021-12-20
Inflation:
0.9098% weekly
0.1299% daily
Credit where credit is due:
@ibedino
@95_irene
@PancakeSwap
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$CAKE
#Mondag
2021-10-18
0.905% - Weekly Inflation
0.1293% - Daily Inflation
These numbers are coming down. And as some degens have pointed out that's about a 52% yearly inflation with current metrics.
@vladenhawk
@xandercakes714
@95_irene
Thanks for the name:
@ibedino
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Y’all make it easy to be nice! Thanks for having me.
Just recorded with
@0xTuti
from
@MetaDAOProject
.
Really looking forward to getting this one out for you all.
He has to be the nicest guy in all of crypto.
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Still hanging out here Degens.
I want you to know you can always ask me anything.
$CAKE
#PancakeSwap
$BNB
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@PancakeSwap
can we get an insulin fund going for all of us $CAKE eaters? Better to be prepared. 😬
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@PancakeSwap
I have a feeling you want us to do something with this soon? Limit orders incoming?
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Holy, you can get folks on Solana to do things. This despite all the congestion and the infinite pain of doing something vs doing nothing. 🫡 Really impressed with the validator set and happy so many participated. Time's not up yet! VOTE!
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This means with a 2% fee one could expect $410M in sales per day to reach this goal. At the current state of the market I'm not sure that's a fair bet, so likely they'll need to decrease the supply for either the pools or farms one more time before we see this goal met. 2/2
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No small feat the team deserves the fame and praise.
Also thank you to Lukas, Tamás, Henry, Descartes,
@metaproph3t
and everyone else in
@MetaDAOProject
who’s inspired so much of what we have. Onwards!
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$CAKE
#Mondag
2021-11-08
Inflation:
0.9322% weekly
0.1331% daily
Special thanks:
@ibedino
@95_irene
@PancakeSwap
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Quick summary, working on a bigger breakdown (for each part of the burn) on the recommendation from
@95_irene
.
For now 2021-10-05:
~1.26% inflation this past week (0.1805% / day)
This is up from last week by 0.29% (last week was 0.9733%).
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Heavy lifting ain't done yet, but we're working day in and day out to deliver. Can't wait for people to touch, feel and share the experience of governance in a new way!
Futarchy as a Service is an exciting product offering we want to get into the hands of users and DAOs.
To make that happen, we took a trip back to the UI/UX drawing board 🧵
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So estimating around $3,588,191.34 to be burned by
@PancakeSwap
from: Profile /
#NFT
Mint,
#Lottery
, IFO,
#Prediction
, Auto $CAKE, Swap, Farm Auction, NFT
#Marketplace
. We'll see how this lands.
!Remind Me 12 Hours
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You degens are awesome. I appreciate the questions about
#PancakeSwap
and $CAKE, so keep them coming!
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A little taste of what goes on from the validator perspective when we restart Solana.
Thanks
@csjcode
for recommending I draft something up! Special thanks to
@ShinobiSystems
,
@laine_sa_
,
@7LayerMagik
for their contributions and comments.
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You know the big negative no one is talking about with all this $CAKE stuff? Diabetes and weight gain.
👨🏻🍳🥞
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Addressing issues head on is paramount to success. We progress as lessons are learned and that knowledge is put into action. Excited for what the future holds!
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The good news is when Solana demand dies down, all the improvements will mean it’ll be blazing fast with 400ms block time. I asked
@trentdotsol
and he agrees.
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Working on some stats from each of the respective
#burn
activities of the
#tokenomics
put forth from
@PancakeSwap
. We'll see how this burn comes out and see if the numbers I'm working with are correct enough. Then I'd expect to have this generated each week. Exciting times!
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Degens,
I’ve taken some time off during the holidays to decide what’s next for 0x. I still love DeFi and CAKE but the world is so much bigger. Expect more variance here in the coming weeks.
x0 0x
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Never been so proud of something in my entire life, not because of what I've done, but because of the people, mission and what THEY'RE doing. The good word of the markets must spread, they demand it.
Governance is about to change, forever.
MetaDAO is unleashing a Solana-native platform that allows DAOs to harness the predictive power of efficient markets.
Notifications on.
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🫡 looking forward to supporting the Jito Foundation and the Jito community in shaping governance on Solana. The team is second to none it's only right we reflect that in all that we touch and do from within and outward facing. Honor to serve this role.
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@PancakeSwap
I wonder what 100 $CAKE looks like stacked up with some syrup all over it. Oh and don't forget the butter. Mmmmhmmmm.
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Interested in Futarchy? Want some data?
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@bitcoinpanda69
I feel like I'm in an abusive relationship.
Always wanting, needing more fooo, but fooo understands the dynamics, therefore fooo plays into the hand fooo's dealt to keep the intrigue alive.
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$CAKE
#Mondag
2021-10-26
1.143% weekly
0.163% daily
Looks like we won't see the impact from reduction just yet. As well the changes from the market seem to have cooled off for now.
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110 $BNB just sold. Blueberries. .👀
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I get on X (formerly known as Twitter) and realize I’m on full blast because of my capacity to fill an entire page single spaced. Carry on.
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So I'm working on a smart contract, but not even mad if someone steals this idea and runs with it, I just want it built.
NFT and Twitter account tied together so that when the PFP sells, the CT account goes with it. I think it's a great idea and gives legs beyond where we're at.
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Burn! I had a mull about two points I wanted to discuss.
1. A fundamental floor price for $CAKE, as long as dex volume remains, the buyback will sustain a price.
2. As tokens mint (similar to DOGE) inflation overall decreases.
There's a balance overall where all of this meets.
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@0xSifu
@CoinDesk
@TornadoCash
@egreechee
No, but it certainly doesn’t look “good” if that’s what you’re asking…
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There’s quite a brilliance in it all which first drew me to cake in the first place.
1. Flexibility. With control over emissions through a burn mechanism and distribution channels you can do so much more than divide infinitely with a supply capped token. (Which you still can do)
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Degens, as requested by
@erel_zafer
I've got the $CAKE
#Mondag
breakdown for the six weeks I've had the pleasure of doing this for you.
@ibedino
can't get over the name, love it.
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Ya'll I met one of my NFT heroines tonight! It was an honor
@Cecymeade
. Excited to hear you and
@BiasGoose
speak at
@radiocity
tomorrow.
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This is such an underrated character trait and something that comes so unnatural to so many people. It’s heartwarming to see this and anyone who shares in this feeling is truly worth respecting in more ways than one.
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Yo Taiwan, hope y’all are safe and if you need anything I’m happy to put my boots on the ground. Your country has such a special place in my heart, especially Hualien.
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🫡 thus the future army of world governance grows. Let’s light this candle!
1/ We missed the birth of democracy. We will not miss the birth of futarchy.
Colosseum’s proposal to invest in the
@MetaDAOProject
has passed!
Proposal:
Market Results:
Why we are excited to be MetaDAO's first venture investor🧵
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Instead of retweeting good content from small accounts, just copy paste it and tweet it yourself
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One topic that often re-emerges in
layer-24 scaling discussions is the
concept of "layer 25". If we can build a
laver 25 protocol that anchors into
layer 24 for security and adds
scalability on top, then surely we can
scale even more by more by building a
layer 25 protocol
One topic that often re-emerges in
layer-23 scaling discussions is the
concept of "layer 24". If we can build a
laver 24 protocol that anchors into
layer 23 for security and adds
scalability on top, then surely we can
scale even more by more by building a
layer 24 protocol
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Things are progressing with Futarchy as a Service and now you too can follow along with progress right in Discord.
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The time is approaching.
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This is one of the best writings I’ve seen from a loser in a long time. The market won, long live the market!
recently,
@metaDAOproject
's proposal 3 passed... even though I didn't want it to
here's the story, why I couldn't stop it, and why that's a good thing:
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Every day I’m impressed by those I hope I can call my peers. It’s comforting to know that despite the nature of zero sum games and the litany of those who wish to do no well, there exist those with strong character. Without it this is all for naught, it’s truly an honor. 🫡
Trust me when I say you can have worked really hard for what you have and also be incredibly lucky.
Keeping both the gratitude of having been blessed and the understanding that hard work pays off is a super power for building character and humility.
Character and humility is
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I nominate
@7layermagik
and
@sebmontgomery
for the Legend of SOL airdrop for being via
@legends_of_sol
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This is amazing work, and the tip of the iceberg of what can and will be done with teams taking on unbelievable challenges to push ahead. Hats off to the
@tinydancerio
team and all those supporting them.
Excited to announce that our Simplified Payment Verification (SPV) client is live on
@solana
Testnet! 💃🤏
Here’s our incredible journey after 5 iterations, challenges and demo 🧵
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Can’t believe they put a dao in the mtns
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You know how I know you're futarded?
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Looking to get into
@MetaDAOProject
? The markets are listed and the dApp is mostly feature complete, it’s rough, but trading works! get in and help make it all work.
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Degens, the best degens are the $CAKE degens. Ping me for your 🔥 questions? I'll see what I can uncover for you.
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