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0xOtw.fantoman 👻🧑🏻‍💻 Profile picture
0xOtw.fantoman 👻🧑🏻‍💻
@0xOtw
Founder & Creator of Fantoman & Fantomonstre (Fully On-chain GameFi) Dev @ #FTM @FantomanMonstre Team Up! Full exec. Q1 2024 release!
May 26, 2022 • 7 tweets • 2 min read
💪Understand what you have invested. 📖Forget about the noise.
$FTM

1. FTM uses DAG. It is technically not a blockchain.

2. Blockchain i.e. A→B→C→D.

3. In a DAG, it is shortened to A→D - speeding up the process.

(1/x) 4. As DAGs can reference multiple transactions simultaneously, they are scalable and cheap.

5. It uses PoS which is energy efficient.

6. Assume 700,000 txn/day, it consumes lower power than a single US home annually.

(2/x)
May 25, 2022 • 14 tweets • 5 min read
🔑 points from this 1hr+ AMA @michaelfkong said:

1. FTM is a General Smart Contract Platform, not limited to DeFi, NFT, GameFi, Metaverse, etc.

2. fUSDv1 is the biggest failure in @FantomFDN (FF) history.

(1/x) 3. Revamp into fUSDv2 its an unfinished job for FF.

4. It adds more utility to sFTM & can be used to engage DeFi activity on-chain while staking $FTM.

5. reiterate fUSD is not algorithmic stable such as UST, it will not have #DeadSpiral.

Summary:

(2/x)
May 24, 2022 • 4 tweets • 2 min read
Welcome to #FTM

You need to know..
1. 🧠Why I help you to focus:



(1/x) 2. FTM future catalysts🚀.



(2/x)
May 11, 2022 • 11 tweets • 3 min read
🔑Points after Confronting #FTM CEO @michaelfkong for 1.5hrs

1. He thinks the current algorithm for UST stablecoin doesn't work because it is not backed by anything but faith, so it could go negative cycle when people lose faith.

(1/x)
2. He wants fUSD to have an over-collateralized model tied to the value of FTM.

3. He learned that Foundation should focus on tech, and Dapps protocols/fUSD should pass to community devs to handle.

(2/x)
May 9, 2022 • 4 tweets • 1 min read
🤑 $Solid price is more stable than $solidsex and $oxsolid.

Although they designed to have the same functions as Solid veNFT.

But now 1 solid = 4.7 oxsolid or 8 solidsex. Why not pegged? 🧐

(1/x) Risk:
- DEUS has a clear plan for Solidly+. But that still uncertain from oxd and solidex.

- New Solidly+ might have get exploited at initiate stage. Oxd and sex has double the risk because they build on top of Solidly+.

-Solidex contract is immutable and less flexible.

(2/x)
May 2, 2022 • 6 tweets • 2 min read
⭐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)
May 2, 2022 • 8 tweets • 3 min read
🔑 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)
Apr 28, 2022 • 11 tweets • 3 min read
🔑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.
Apr 27, 2022 • 4 tweets • 1 min read
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)
Apr 26, 2022 • 5 tweets • 3 min read
#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…
Apr 22, 2022 • 7 tweets • 2 min read
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)