⭐Why I only focus on 1 chain #FTM in depth.

1. I have explored many chains prior landing on FTM.

2. Focusing give me advantages such as alpha news.

(1/x)
3. Because of deep understanding, I react greatly on FUD.

4. I have a high chance to find the dip.

5. I know when is overvalued and start taking profit when its too heated.

(2/x)
6. I know future catalysts.

7. So I feel relax and happy when seeing the price under performed temporarily and know when to DCA confidently.

8. Focus allows me to blend well into the community and gets to know great people in the ecosystem.

(3/x)
9. I wish to share my knowledge on the chain and grow it together. Why? It's win-win. I earn APR from it, I want to pay back in return. Provide liquidity is minimum everyone can do, I wish to do more to amplify the effects.

(4/x)
10. Besides, I record History about the chain in NFT, to remind everyone including myself, what has happened and what's the lesson learned.

Follow me to get first hand updates about FTM.

As I committed to research in depth, for everyone.
RT to help to grow the community. Thanks
PS: I also developing a Gamefi (I was a software engineer) as I know FTM need it in short term. Still in test net. Because I am short of hands 😆

{💎goal: have low entry-level and high ceiling with well balanced economy for all range of players}

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More from @0xOtw

May 2
🔑 For #FTM stable $fUSD by eulogy.com:
1. fUSDv1 has dropped below 1usd due to extreme selling pressure.

2. It's to reward validators.

(1/6)
3. DEUS plan to have fUSDv2. Migrate v1 to new v2 contract.

4. fUSDv2 will use dynamic similar to maker $DAI & AMO (automated market operators) similar like $FRAX as second layer to peg.

(2/6)
5. $DEI AMO has proven effective and fast to consistently pegged to 1usd under pressure.

6. $fUSDv2 will be more stable than $DEI.

7. DEUS need 1~2 months to implement after approved by community and foundation.

(3/6)
Read 8 tweets
Apr 28
🔑1hr+ interview:
1. He regrets when he is offline, negative events left uncontrolled & spread with a negative impact on his products: Yearn, Solidly.

2. If ‘you’ don’t want me at my worst, then ‘you’ shouldn’t get what I’m offering at my best.

(1/x)
3. Now the Crypto culture is about people (dev, influencer, etc) instead of Code/contract.

4. He thinks there is no true Decentralized. Only how much it is distributed. People think DeFi is binary which is not true. E.g. how many protocols will die tomorrow if Chainlink stop.
5. Crypto Regulation (CR) is NOT equal to Regulated Crypto (RC).

6. CR= government comes in to regulate the ETH or BTC network? NO, they practically can’t. They will try to do that, and it's happening and is going to fail. People will get hurt by the process.
Read 11 tweets
Apr 27
Keypoints:
1. Japan is of the US closest allies and partners.

2. Japanese Yen currency slumped.

3. Japan has enough reserve currency to bring Yen back to the level but they didn't do it.

(1/4)
4. Japan import expenses much MORE than export earning right now.

5. Weakening the Yen will attract the world buy more from Japan.

6. In the meantime, US raise interest rate & that will attract all money flow back to US and strengthen US dollar.

(2/4)
7. Now US can buy cheaper stuff from the world with strengthen USD, while Japan disrupt the market to make things cheaper.

8. Well played US-Japan. Good win-win strategy for both countries.

(3/4)
Read 4 tweets
Apr 26
#FTMmuseum
#FTM native museum that records epic events that happened to Fantom Ecosystem with #NFT.
Also called #HistoryNFT.

The value of history increase over time. Same as the HISTORY-NFT that is unique and minted during the epic event.

Check out the historical collections 👇
#FrogsSalvation (History)
27 Jan 2022 - Welcome Frog Nation to FTM.

paintswap.finance/marketplace/co…
#Fantoman (History + Utility)
6 Jan 2022 - veNFT war in Solidly

paintswap.finance/marketplace/co…
Read 5 tweets
Apr 22
Keypoints:
1. 95% of the problem right now is the L1 Bribes & Fees, it needs to be fixed to not let people game the system.

2. The rest of the problems are technical and less relevant
#Solidly #DEUS @lafachief
🧵
(1/x)
to the public e.g enough gas for transactions to stop failing.

3. Solidly goal is to have 30bil Volumes.

4. Solidly & Solidex contact are immutable. While 0xDAO contract is upgradable.

5. To fix the bugs, the only way is to fork Solidly contract and fix them. Solidly+

(2/x)
6. All tokens will be migrated. Possibly with the snapshot. The main goal is to have a smooth transition and no value lost in between.

7. 0xDAO is easy to migrate because their contract is upgradable. But not sure about Solidex. They are coming up with their plan.

(3/x)
Read 7 tweets

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