This is a thread that will cause a lot of people to hate me.
But someone has to call out certain problems, publicly.
As a disclaimer, i admit that Aptos is in no better spot than Solana. I'm sure Aptos will face its own share of issues eventually.
Alright, here we go:
But someone has to call out certain problems, publicly.
As a disclaimer, i admit that Aptos is in no better spot than Solana. I'm sure Aptos will face its own share of issues eventually.
Alright, here we go:
1) it is complete bullshit that people who should serve the ecosystem without bias, own personal stakes in Solana DeFi protocols or are advisors for protocols.
Solana has a history of playing favorites, and there are many defi teams that are frustrated about this.
Solana has a history of playing favorites, and there are many defi teams that are frustrated about this.
2) We heard on AMAs last year that with Alameda gone, other MMs will fill in the gap. But TVL and @openbookdex liquidity clearly shows it has not happened at all.
Calling this out because i asked what the BD team is doing, the answer i got was "Talking to MMs". 0 progress.
Calling this out because i asked what the BD team is doing, the answer i got was "Talking to MMs". 0 progress.
3) im treated as a traitor, despite continuing to volunteer at openbook and my every action is met with doubt.
I am pushing for a community call to discuss a new way to drive Openbook. I'm doing a shit job no one wants, pls.
(screenshot from the public solana ecosystem group)
I am pushing for a community call to discuss a new way to drive Openbook. I'm doing a shit job no one wants, pls.
(screenshot from the public solana ecosystem group)
4) There's nothing much DeFi project can do about the chain going down... There is some stuff you can do (@cypher_protocol TIF orders) but you cant manage open interest or large collateral/borrows in size.
Anyone who tell u otherwise is likely larping or has peanut TVL
Anyone who tell u otherwise is likely larping or has peanut TVL
5) "Solana DeFi teams have no PMF".
Imagine dedicating a year of your life to building a protocol, and then the chain halts and u lose 30% of your TVL cause people are scared.
When you ask what to do, the answer you get is "you should find PMF", now repeat this multiple times.
Imagine dedicating a year of your life to building a protocol, and then the chain halts and u lose 30% of your TVL cause people are scared.
When you ask what to do, the answer you get is "you should find PMF", now repeat this multiple times.
Remember this tweet?
When i asked most DeFi teams on Solana, everyone was slashing growth positions or not hiring. Lots of teams expanded their growth teams into 4-5 strong people but realized there was no traction.
This tweet came from the frustration of 2mos
When i asked most DeFi teams on Solana, everyone was slashing growth positions or not hiring. Lots of teams expanded their growth teams into 4-5 strong people but realized there was no traction.
This tweet came from the frustration of 2mos
https://twitter.com/0xSoju/status/1622216253246181376
Sorry @aeyakovenko you probably hate me after reading this tweet, but i truly wish you and the chain all the best.
to respect privacy ive included no screenshots of private convos. But these feelings are shared across many people.
ok time for some hate
to respect privacy ive included no screenshots of private convos. But these feelings are shared across many people.
ok time for some hate
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