Addzz retweeted
Proposal 12176 to inject liquidity for the LUNC/USDC pair on #TerraClassic should not have been vetoed. It's true.
1/x
Addzz retweeted
@Allnodes could you please reconsider your nwv it’s a legitimate proposal nothing to do with the past ! And it sends clear signs to the outer world that we can get our shit together and work as a unity and inject some liquidity into our L2’s !!
Addzz retweeted
lol
you gotta be kidding me
@_Terraport_ fulfills the requirements as per proposal 12171 - this reasoning is BULLSHIT
resist! vote YES to give 'em your voice!'
we still have a chance to turn this around!
Addzz retweeted
it´s been compensating for moths. I just claimed my latest tranch today.... Uneducated val with too much power = tyran. @Allnodes
compensation.terraport.finan…
Addzz retweeted
chapeau @Allnodes. thank you for paying no attention at all and making uninformed decisions. lol.
it´s been compensating for moths. I just claimed my latest tranch today.... Uneducated val with too much power = tyran. @Allnodes
compensation.terraport.finan…
Addzz retweeted
🚨 BIG NEWS 🚨
We're actively negotiating with an undisclosed BIG Cex for a proper exchange listing at the end of the year.
Stay tuned for more updates on this topic $juris & $lunc lovers 🤞 ❤️
GM, busy building $juris & figuring out IRL changes to spend more time on the project.
@frag_dude is on holidays, @wrapped_dday & I gonna finalize protocol specifications this week & start review process with @SolidProof_io & devs.
Contact with big Cex has been established 👀
Addzz retweeted
GM, busy building $juris & figuring out IRL changes to spend more time on the project.
@frag_dude is on holidays, @wrapped_dday & I gonna finalize protocol specifications this week & start review process with @SolidProof_io & devs.
Contact with big Cex has been established 👀
Addzz retweeted
Morning #LUNCcommunity
I’m looking at these no with veto votes and ⏰ 🔔 are ringing.
Governance prop #12123 is a genuine request from Juris. They are building great things on L2 for the community and they are following governance protocols.
I have been accused of being part of the tin foil hat brigade by @danny_demi_defi a few times. I actually find his banter pretty entertaining, rather than offensive. But joking aside, their project is pretty inspirational and brings a lot of eyes onto the chain.
I’m looking at these votes and it does not add up, could we be seeing a full on Sybil attack unfolding before our eyes 👀
There have been mass re-delegations to the 0% fee validator who is a strong supporter of 1.5% chain tax.
It’s starting to look very suspicious. I would not have thought this until this veto vote. It is abuse of governance.
To the delegates, think carefully who you delegate with. Some Val’s are pro #Lunc and some seem to have different ideas.
I could be completely wrong, however.
If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.
#LuncArmy #LuncBurn #TerraClassic @frag_dude @ColeStrathclyde @luna_lover69 @edTreb001 @MrDiamondhandz1 @LVSNode @SolidVote @whisper_classic @RexYellerBelly @LbunProject
@HappyCatKripto
Addzz retweeted
REDELEGATE FROM THESE GUYS!
NOW!
Over 400k in relayed asset value. The only validator to relay to from TC to @osmosis. Massive volume on @_Terraport_ and therefore millions of burns.
This is how $lunc says thank you.
🤦🤦🤦
Addzz retweeted
Inon could not contribute via me, @frag_dude, @ColeStrathclyde, or @Genuine__Labs because he is better than all of us multiplied by all the others then added to all others --alone.
That fucker is a sovereign individual.
Addzz retweeted
AHEM!
@MichaelAllnodes @Allnodes
Bro our intellectual makeup sex has been the finest of any.
I just got to tell you that like we really got to get rid of the kyc thing on the classic. It's not making the chain safer.
And it's not your fault, I'm sure you remember that in the beginning I was in support of this measure.
The trouble is that I always thought that we were going to give inonman a pass. Please understand Michael that dude is actually a way better programmer than me, a lot of people say I'm good at Cosmos, and the reality is I'm good at finding bugs, but overall I'm mainly all right and if I need to write a feature, I usually prototype it with AI and then like I'll clean it up myself.
Long story short, inon is a 100x coder. We also lost two 10x coders, @frag_dude and @ColeStrathclyde And both of them were auditing @Genuine__Labs work.
But also it seems like we lost the audit guys. I think that the kyc thing was Noble but in the end it has failed.
I have an almost unlimited amount of time for this, let's say 15 hours on the phone if need be.
If it really really needs to be, I'll fly to you so we can discuss it efficiently.
But I just want to ask you please, let's get rid of kyc on Luna classic. In the end it was a mistake. So we should just reverse course.
Can you please help me get him back? In particular, what this is going to mean is that we dropped the kyc requirement. Probably that also means we're going to need to increase the number and seriousness of audits.
Addzz retweeted
I have finally decided to do something on classic chain. The first thing I am doing is hosting a non-custodial validator node @burrito__money Please give me some support. Love you all🫡
validator.info/terra-classic…
Addzz retweeted
Everyone he touches in crypto seems to be a scammer. Are you aware of the 200m $USTC that @karak_network /@riskharbor and @raoufbenhar STOLE from Terra Classic.
Assets were to be used to underwrite Ozone only but returned if there was ever a governance decision to do so. After the crash @raoufbenhar modified admin rights on the multisig, stole 200million USTC and sold them on exchanges for somewhere between 6 and 9 million.
Governance vote to return funds. Say they lost the keys, forcing the community to blacklist the remaining 800million via governance.
@raoufbenhar on the @Karak_network discord openly admits to taking the funds, says that they don't recognise LUNC governance anymore due to the crash and is now using the funds in Karak. This space can be insane at times
Addzz retweeted
1) When I started $rakoff with @frag_dude, none of us would have imagined to get enough funding & interest in third parties going for development of #ProtocolX.
Not only did we attract a top notch development team with help of @edTreb001, we also got a legal binding agreement..
This Post is from an account that no longer exists. Learn more
Addzz retweeted
This is the draft for biweekly report. The community was asking about updates from GL : hackmd.io/@I6jxy3DTTEeZcmtjE… #lunc $lunc #ustc $ustc #terraclassic #burn
Addzz retweeted
Community First LUNC vs. Ninja Node 🥷🏼⚡
Which LUNC validator pays more rewards?
Over the past 11 days, I conducted an experiment to verify CFL's claims about paying more rewards than the rest of the LUNC validator set.
CFL encouraged delegates from other validators to redelgate to their validator based on screenshots from Terra Station wallet showing their validator as paying a 3x higher rewards rate compared to the rest of the validator set. This led to a large redelegation movement to CFL.
The question is: Did those who redelgated receive more rewards?
To answer the question, I staked 10,000,000 $LUNC to Community First LUNC and 10,000,000 $LUNC to Ninja Node 🥷🏼⚡
The results:
Staking with Community First LUNC Validator paid:
- 19,583 $LUNC
- 64 $USTC
Staking with @LuncNinjaNode paid:
- 20,139 $LUNC
- 66 $USTC
If you were expecting 3x more rewards from CFL as it was shown on Terra Station - this experiment shows that you recieved virtually the same (slightly less) as compared to staking with other validators.
In summary:
- Rewards rate on Terra Station is not an indication of the rewards you will receive.
- In reality, rewards rate will be equal across all validators.
- Differences in rewards received will be as a result of the individual validator's commission.
If you wish to determine the rewards paid by a specific validator, you can use validator.info's LUNC validator section to view the APR for each validator.
#LUNCcommunity #LUNC #USTC #TerraClassic
#LUNCcommunity
There's been some heated debates recently about certain validators showing a much higher rewards rate than other validators on Terra Station.
According to those who know the chain well, a higher rewards rate shown on Terra Station does not mean that you will be receiving more rewards from that validator.
This didn't stop those who seek higher rewards from redelegating to the validators showing higher rewards, however.
The question is, did those who redelgated actually receive more rewards?
To answer the question, I decided to conduct a comparison between a validator that shows a much higher rewards rate and a validator that shows the standard rewards rate.
The test is as follows:
- Stake 10,000,000 $LUNC to Community First LUNC validator (showing 3x more rewards)
- Stake 10,000,000 $LUNC to Ninja Node validator (showing standard rewards)
- Monitor rewards received from each validator over a few days.
The comparison started today at 11:01 UTC.
Here's some screenshots from the initial staking activity.
Let's see what happens...
