1) As we read more about @kava_platform we see more risks. Here is an outline of some of those early concerns for the #cosmos ecosystem. #defi #evm #atom #akt #bnb
2) 2 validators could shut down Kava’s entire chain anytime. While unlikely they are very centralized.
3) Kava dilutes the holders by 100% a year and even stakers only get ~21% of that. The rest goes to programs like bribing projects through Kava Rise.
4) The Kava team may lack the financial knowledge to build such a product given their background and the fact that their platform has always had issues. One example is USDX has almost never been pegged to $1.
5) Kava has always been focused on Kava and Binance. They missed every opportunity to become connected with the Cosmos ecosystem. Their CEO is borderline arrogant in his posts.
6) Their tokenomics are broken. For example ATOM right now is on “surge” which means it pays a 30.71% APY above the usual. But it is paid in a token with a 100% dilution and a 1 year lockup…
7) That would mean the APY best case is actually closer to 15% while staking ATOM directly is 18.89% with only a 21 day lockup. ATOM rewards paid out are paid out regularly and are actually liquidity unlike Kava.
8) We believe USDX poses a systematic risk to their entire platform because it is built on bad tokenomics and is paired against all assets on the platform.

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More from @CCosmonaut_

Aug 7
1) Curious Cosmonaut Research has identified that information can be scattered around the Cosmos ecosystem; meet the monthly newsletter. If you are serious about #Cosmos this is a must. #stargaze #juno #secretnetwork #osmos #ibcgang #dydx #ethereum #evmos
2) First we recommend viewing this through our blog instead. medium.com/@cosmonautcuri… Developer Activity

First off, what is Github commits for us non-engineers? According to Free Code Camp freecodecamp.org/news/git-commi… it means
3) “The git commit command will save all staged changes, along with a brief description from the user, in a “commit” to the local repository. Commits are at the heart of Git usage.
Read 80 tweets
Aug 5
1) For a fun Friday we wanted to just mention some #NFTs close to being minted out now on @stargaze simply for fun. No endorsement whatsoever just so you are aware. They are @CryptoDawgzzz, Time Crash Invitation, @war_cat_army, @Rebels__nft and The Cosmonaut. #cosmos
2) @CryptoDawgzzz

99% minted, mint price 147 STARS, #7,400 total
A collection of mysterious space cats that originated from the Area47 research facility. It appears some were also burned reducing total to 5,545. Image
3) Time Crash invitation
96% minted, mint price 1,000 STARS, #1,500 total
Time crash is a confusing collection it appears the floor price is now 5 STARS on Stargaze. It appears 52 were also burned. Maybe someone can shed some light for us.
Read 8 tweets
Jul 14
1) Today #cosmos was the main theme of the Messari research from their “unqualified opinions” here is an overview of some of the information without the premium subscription. An enterprise subscription is required to read beyond. #atom #osmo #juno #secret #evmos
2) Title “Looking at the Cosmos, but not from the James Webb Telescope”

Evaluating the Cosmos Chain vs L2 Decision for Investors and Builders. Decentralized exchange dYdX recently made headlines in the crypto community when it announced it was leaving the Ethereum L2 …
3) ecosystem powered by StarkWare to launch its own #Cosmos chain. #dYdX was the biggest protocol by TVL on L2 at the time of the announcement. The move prompted questions from the #Ethereum community on the long-term attractiveness of L2s for builders.
Read 8 tweets
Jul 13
1) Now that is has been a week and we can do a look back and @LoopyLorisTribe has not said this on Twitter nor in Discord announcements here it goes. First they have announced they are not moving forward with the project see next tweet. @StargazeZone #cosmos #nft
2) looks like they may owe us an apology for putting us down as just FUD medium.com/@LoopyLorisTri…
3) If Loopy Loris would have waited until mint was finished they would have made ~19K instead of losing $2,608 per their article.
Read 15 tweets
Jul 12
1) @SecretNetwork has such an interesting value proposition when you start thinking about all the ways that no privacy can be a challenge. Just some quick takes. #cosmos #stargaze #secret
2) Public facing services like Venmo/PayPal would be great on chain but if I send you $100 you should not see my entire history that is not your business. This is a perfect example where even various stablecoin banking/payments and interest accounts would be huge.
3) Front running can be a real issue. For example if I see someone buy 5 #NFTs back to back and go to their account and see they recently loaded up on crypto they may be highly interested to buy more. I then buy up some of the floor and raise it 10-40%…
Read 10 tweets
Jul 12
1) Love @HubbleTools and their @HubbleToolsBot. Just saw that someone is buying up lots of @CoHo_Cosmos NFTs. Just cool to see when the market is being taken on at @StargazeZone. #cosmos
2) Then without the privacy of say @SecretNetwork we can quickly see that the person buying them up has this address stars18jkq8aws4e53qanhyrxjstdzmp7hee6j0peh47 which now already owns 207 of their NFTs. This adresss unless a treasury is about to become a “minority shareholder”
3) They now appear to be crossing the 5% ownership threashold of @CoHo_Cosmos
Read 5 tweets

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