Discover and read the best of Twitter Threads about #andrecronje

Most recents (5)

🔑 points from this 1hr+ AMA @michaelfkong said:

1. FTM is a General Smart Contract Platform, not limited to DeFi, NFT, GameFi, Metaverse, etc.

2. fUSDv1 is the biggest failure in @FantomFDN (FF) history.

(1/x)
3. Revamp into fUSDv2 its an unfinished job for FF.

4. It adds more utility to sFTM & can be used to engage DeFi activity on-chain while staking $FTM.

5. reiterate fUSD is not algorithmic stable such as UST, it will not have #DeadSpiral.

Summary:

(2/x)
6. There is liquidation cascade risk, mitigation is to limit 10million fUSD for now, & grow over time when FTM price becomes more stable.

Why FTM?
7. Because it never goes down, Reliable. Cheaper & faster than other chains in the same traffic.

(3/x)
Read 14 tweets
It's Wednesday, so we have a new weekly summary for all of the daily investment posts. This thread includes data from:
@tombfinance / @Reaper_Farm
@HectorDAO_HEC / @nemesis_dao
@osmosiszone / @ThorNodes
@VaporNodes / @AngelNodes

Check it out!
🧵👇
2/ First let's take a look at @tombfinance, staking $TShare / $FTM LP in #autofarm @Reaper_Farm. @FantomFDN #drama caused some lower price action this month, but Tomb shows some consistent returns. Don't care about price, I care about #Compounding
3/ Next, let's look at @HectorDAO_HEC. APR is slow and steady and this project is pretty boring with very low returns. Price action continues to decline, but looks like a bottom is near. The pivot to a bank and $TOR saved the #rebase project, but we'll see what happens with $HEC
Read 11 tweets
Centralization is a dangerous word

A decentralized network represented by a single face is still subject to a single point of failure, & recent events have made this very clear

🧵Thread on what happened Today in DeFi, the current scenery, & the upcoming role of @MetisDAO

1/29
2/ On this thread we'll cover:

#andrecronje quitting $FTM & what (possibly) led 2 it
• What's on the plate for $FTM
@MetisDAO
• Fits like Cinderella's shoe
• Access routes to @MetisDAO
• DeFi Sauce in @MetisDAO
@MetisDAO NFT Collections

Get some 🍿and lets go👇
3/ #andrecronje quitting DeFi & what (possibly) led to it

Andre Cronje, most prestigious Fantom dev & the person behind @iearnfinance and $SOLID, went MIA a few days ago when his account became deactivated

Speculation surged to ATH type shi & Today @AntonNellCrypto confirmed it
Read 14 tweets
1. Let me organize the threads more to spread the word of $ftm and #DeFi! In here you can find all the threads that i wrote. There are more to come!
Firstly this:
3. This is about #governance. We are going in the right direction for #decentralizing!
Read 53 tweets
1. This is going to be a huge thread about #fantom $ftm. All my thoughts and speculations. Do your own research before getting any. But i would like to share my knowledge and research with you all.
2. Fantom has signed a deal with DABS, which is the biggest energy/electricity distributer in Afghanistan. And Afghanistan has raw minerals worth about 3 Trillion dollars. Especially lithium is important for modern smart cities.
cnbc.com/2017/08/18/tru…
3. This 3 trillion dollar worth of natural resources make Afghanistan a warground. Everyone wants a piece of that cake, so no one gets it. It was a lose-lose situation for a long time. China even offered bounties to kill US soldiers to Afghan militans.
dw.com/en/china-offer…
Read 19 tweets

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