$STRONG Q: @tacticalinvest_ What would be the perfect situation for strong/node look like?
$STRONG A: @WithoutTheRope
- Nodes arent rewarded by their protocols –we are receiving grants from protocols bc they do not have native rewards system for nodes
- Want to have a lot of different nodes - you stake your strong into a pool to receive a piece of those rewards (1/3)
$STRONG A: @WithoutTheRope
- Want to create a basket of rewards from a # of different revenue sources from validators, nodes, eth 2.0 nodes (alot of them)- rewarded in eth when you stake strong
- Want to keep $STRONG circulating supply low
- 32 $eth for just 1 eth 2.0 node (2/3)
$STRONG A: @WithoutTheRope
- Looking at over 90 protocols and over 24 protocols will be actively running within a year
- All about using revenue and making strong sustainable for years (3/3)
$STRONG Q: @tacticalinvest_ How much of a role will NFTs have in the future?
$STRONG A: @WithoutTheRope
- There are only 5169 NFTs – scarce
- Intrinsic value = boosting rewards if reward models are changed - NFTs are a hedge against that
- Get access to new features like “Service 2” smart contract
- Access to different pools, new nodes, & more (1/2)
$STRONG A: @WithoutTheRope
-Service 1: primary smart contract that controls rewards – only claim to wallet
-Service 2: new smart contract has new aspects – has routing where can send ur rewards to make a new node (without claiming) – go to the eth 2.0 pool, save gas, etc (2/2)
$STRONG Q: @tacticalinvest_ How is Strong setup to survive a crypto winter (bear market)?
$STRONG A: @WithoutTheRope
-Will be a test for everyone – has been through this before
-Talking with many enterprises – sent out a letter today to a potential partner at a very large consulting firm that is interested in STRONG providing nodes as a service for them (1/3)
$STRONG A: @WithoutTheRope
-This (STRONG) is a infrastructure business that has revenue
-David led/built edmunds.com during the dotcom bubble - it survived and it is still around today when their competitors did not make it
- All about time IN the market (2/3)
$STRONG A: @WithoutTheRope
- Who is providing long lasting value? That’s where you want to place your bets (3/3)
$STRONG Q: @tacticalinvest_ What are your thoughts on @OlympusDAO ? Do you see any potential partnership possible? $OHM
$STRONG A: @WithoutTheRope
- Likes how $OHM uses their treasury
- One of the models we are building right now like @OlympusDAO – using $STRONG treasury to deploy & stabilize a # of things
- Almost 100 protocols @Strongblock_io is interested in/talking to (1/3)
$STRONG A: @WithoutTheRope
- How can $STRONG help ohm? (Please let David know)
- Love @OlympusDAO $OHM model, DOA, voting, burning/minting – seem to have gotten the model right
- Love the algorithmic part of it (2/3)
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG @WithoutTheRope - Silver lottery. That will start next week. We’ll announce how you’ll be eligible and the cost.
$STRONG Q: Hey David, thanks for your time, i was doing some research and realized that polygon has never mentioned strongblocks in their blog nor articles, is there a reason for that?
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: What feedback have you gotten from Sentinel? Would they like to have more nodes from the Strong community? Do you see a benefit to Strong as a community or company to deploying more sentinel nodes beyond the rewards that they’re not yet prepared to offer? $DVPN
$STRONG A: @WithoutTheRope We’ll be talking with Sentinel again next week. We’re waiting to find out when they will provide node-based protocol rewards. However, we are working on a new overall approach for ALL protocols that may alleviate some of the rewards issues.