@tcc701

Solidity dev est. 2017

Joined December 2021
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chrome.google.com/webstore/d… @defichain's light wallet is now available in chrome store as community edition (compiled and published by me). I just had to add some slight UI changes for "web release". #defichain #dfi
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1/6 I talked about it on reddit here: reddit.com/r/defiblockchain/… and copy paste it here as well. As a second thought I mentioned when the ticker council proposed to make dUSD worth 1.20$ as collateral:

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TCC@tcc7019 Sep 2022
1/ After a lot of thinking, I see some disadvantages of @julianhosp current approach for @defichain #DeFiChain #Dfi
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5/6 Looped dUSD vaults would not be liquidated while stock loans have to be paid back (lowering TVL, higher APR) or adding more DFI / other cryptos as collateral (more DFI demand, higher DFI price, higher APR).
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6/6 Julian Hosp denied my arguments, the ticker council knew it better and since then dUSD is crashed further from 0.84 USDT to 0.65 USDT. If we would follow their logic, the dUSD collateral value have to increased to 1.54$. As I told them, this is a death spiral.
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Replying to @julianhosp @defichain
Why the heck is there no announcement or timeline for such fundamental changes? It stinks like hell that something like this is implemented spontaneously without informing the community. Transparency is a key object of DeFiChain and Cake, both of which have been ignored here.
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#CeFiChain 💪💪
DeFiChain Ticker Council@tickercouncil27 Sep 2022
Today, the ticker council has unanimously voted on raising the DEX stabilization fee for selling $DUSD back to 30% on all 3 pools of $DFI, $USDT and $USDC. The higher fee has clearly shown to keep short sellers out of the system and stabilized the price at around 1 USD.
#Bitcoin BUY - HODL - SELL Rinse and repeat 🍦
Disclaimer: We are long on Cryptocurrencies. The posts here express our own opinions regarding trades. It’s no investment advice. We are not receiving compensation for it. Investing is risky, worst case is that investing in stocks and cryptocurrencies can result in a complete loss of fortune. These are mahtematical models that may fail to predict price movements in the future.

ALT Disclaimer: We are long on Cryptocurrencies. The posts here express our own opinions regarding trades. It’s no investment advice. We are not receiving compensation for it. Investing is risky, worst case is that investing in stocks and cryptocurrencies can result in a complete loss of fortune. These are mahtematical models that may fail to predict price movements in the future.

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If dUSD will go down more, I will remove my liquidity and use them for minting stocks. There will be a point in time where most of liquidity providers will change their strategy. Can you calculate it? #DeFiChain #DFI
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Pricewise it looks like there were no effect or merely a negative effect of collateral value increment of $dUSD to 1.20$. #defichain #DFI
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Did you know #Bitcoin would be worth more if everyone invested $1m? Did you?
SAVERS ARE LOSERS. 25 years ago, in RICH DAD POOR DAD I stated savers are losers. Today, US debt in 100s of trillions. REAL INFLATION is 16% not 7%. Fed raising interest rates will destroy US economy. Savers will be biggest losers. Invest in REAL MONEY. Gold, silver & Bitcoin.
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"The merge will reduce worldwide electricity consumption by 0.2%" - @drakefjustin
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If #bitcoin dumps with higher CPI, probably #bitcoin is too much leveraged? But maybe it was just the usual MM strategy...
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In ten years the number exceeds the tweet length... 😆
Documenting ₿itcoin 📄
@DocumentingBTC13 Sep 2022
#Bitcoin hash rate reaches new high! 240,000,000,000,000,000,000 computations EVERY second ⚡️
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How much % of your crypto portfolio is working on #defichain?
24%0-25%
19%25-50%
27%50-75%
29%75-100%
266 votes • Final results
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Known UI bug: If you have to type in your password, you might have to click the first "dot" with the mouse and then type your password. I'll check that later. Please link me if you encounter any other issues.
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It all starts with fun xitter.cf/tcc701/status/15639125…
TCC@tcc70128 Aug 2022
Anybody interested in a @defichain chrome wallet extension? Just compiled the source code today for fun and looks like not that much adjustments are necessary. #DefiChain #DFI #lighwallet
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