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πŸ“ˆ Tomasz Kowalczyk Profile picture
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May 29 β€’ 4 tweets β€’ 3 min read
How to use rewards from @NEARProtocol
🧡 πŸ‘‡
@NEARProtocol @NEARProtocol allocates 30% of transaction fees to the #smartcontracts these transactions touched

πŸ€‘

popular libraries can receive a flow of funds from all the client applications that are using them
@NEARProtocol funds can be kept on the #smartcontract to allow it to allocate more storage space

πŸ€‘

#DAO managing this application can decide what to do with these funds

third-party can use buy-back & burn mechanics for contracts that have their own token
@NEARProtocol You can read the unrolled version of this thread here: typefully.com/tomkowalczyk/t…

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More from @tomkowalczyk

πŸ“ˆ Tomasz Kowalczyk Profile picture
May 30
$USN everything you should know

βœ… or ❌ ?
$USN is a soft-pegged #stablecoin on @NEARProtocol

The main purpose to have stablecoin on protocol is to help grow #TVL and increasee #liquidity.
@NEARProtocol How to get $USN ❓

πŸ‘‰ swap $USN for $NEAR on: swap.decentral-bank.finance

πŸ‘‰ wrap $NEAR to $wNEAR on: app.ref.finance

πŸ‘‰ swap $wNEAR for $USDC on: https://t.co/KqUpvDo5OV
Read 20 tweets
πŸ“ˆ Tomasz Kowalczyk Profile picture
May 10
Spent some time reading:

πŸ‘‰Financial Stability Report

from @federalreserve, they mentioned a lot about #stablecoins

🧡for all $USDC $USDT $UST $USDN $BUSD #holders
πŸ’¬
Structural vulnerabilities persist at #money market funds and some other mutual funds, and the rapidly growing #stablecoin sector is vulnerable to runs

#COINcidence #stabledanceβ“πŸ•΅οΈ
πŸ’¬
some types of #money market funds (MMFs) and #stablecoins remain prone to runs, and many bond and bank loan mutual funds continue to be vulnerable to redemption risks

#COINcidence #stabledanceβ“πŸ•΅οΈ
Read 10 tweets
πŸ“ˆ Tomasz Kowalczyk Profile picture
Nov 21, 2021
#unrugged as a new trend πŸ”₯ in #cryptocurrency market #LUNAtics

1⃣
#smartcontracts on @terra_money are migratable means that at any time the owner can change the logic of its operation while keeping the same contract address
πŸ‘‡
2⃣
#requirements
- indicating the admin address in the constructor (when instantiating the #smartcontract)
- implemented migrate function in the #smartcontract
πŸ‘‡
3⃣
sending #tokens (native, cw20 or LP) for a given contract without the possibility of confirming that it is not migratable does not mean anything and should not be considered as evidence
⁉️so watch out
πŸ‘‡
Read 5 tweets
πŸ“ˆ Tomasz Kowalczyk Profile picture
Nov 6, 2021
πŸ‘€I noticed that a lot of #FUD in #blockchain #community comes from a lack of #knowledge so here I am to help everyone interested in #technology and #money, not #FUD, accusations and fear.
πŸ‘‡
1. Knowing the #smartcontract address of the token before listing means almost nothing, it's just another contract on the #blockchain without any functionality,

I can make thousands of those every day #shitcoin πŸ˜…
2. To make such #smartcontract tradeable it has to be added to decentralized exchange - #DEX which is implementation of #AMM #algorithm, most of dexes are working based on pairs... so we need to have #pair to be tradeable on DEX πŸ₯°
Read 7 tweets
πŸ“ˆ Tomasz Kowalczyk Profile picture
Sep 8, 2021
One of the longest thread on #ct here πŸ˜‡if you are one of the #LUNAtics and want to know how #STTsquadron will work, follow it and do RT $STT $LUNA #ToTheMoon
1/n
 πŸ‘‡πŸŒ–πŸ‘‡
The purpose of creating #STTsquadrons is to allow holders of fewer STE (StarTerra Energy, where: 1STE - 1 $STT) points to participate in #IDO
2/n
A #STTsquadron is represented by a #smartcontract. In the first iteration, the @StarTerra_io team will create squadron contracts assigned to each faction. For each subsequent #IDO, #StarTerra will initiate new squadron contracts
3/n
Read 18 tweets
πŸ“ˆ Tomasz Kowalczyk Profile picture
Oct 20, 2020
☒️ Tips for #shitcoin investors (Tips & Tricks)

❗️1. Pay attention to the mint() function, its implementation may allow to print tokens at any time.
$BTC $ETH $ALTS #cryptocurrency #blockchain #gem
❗️2️. Liquidity Locked does not always guarantee security and safty, not all tokens that create liquidity can be locked, pay attention to using #UniCrypt. $UNC $UNCX
❗️3️. Lack of a temporary blockade for private sales, pre sales usually results in quick sales of tokens as soon as they appear on the exchange, read and ask if there is such a blockade.
Read 10 tweets

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