infoparity ䷀ Profile picture
long: interop, simplicity, builders | short: grifting, misincentives | positive feedback loops only | delete shitcoins
Jun 25, 2022 12 tweets 5 min read
1/ 🧵 Operation Save @Bancor $LINK Pools

Simple Proposal:
1. Self Destruct V2.1 LINK pool and pay 100% LP coverage + swap revenue to V2.1 LPs
3. V2.1 LPs forfeit (burn) BNT LM Rewards
4. Migrate surplus LINK to v3 to improve deficit by 8%

Full details provided below 2/ Bancor as a single sided AMM functions just like a standard AMM but:

1. instead of an LP providing 50/50 LINK/BNT to the pool, Bancor synthetically mints BNT ("sBNT") internally to match the value of LP deposit

2. $BNT is paid to LPs as impermanent loss protection (ILP)
Feb 19, 2021 8 tweets 5 min read
SECURITY THREAD

Given the increase in scams, data leaks, etc. the following thread will be general security recommendations for interacting with crypto. Feel free to reply with your best security practices so everyone successfully rides the golden bull. 1(Basic): At minimum use a hardware wallet for storage.

- Not my keys, not my crypto
- Can connect to Dapps through @metamask_io (always check tx hash matches before signing)

@Ledger and @Trezor are the 2 biggest and there are new products coming online.
Feb 11, 2021 10 tweets 4 min read
1/ I wonder when it will finally click... that "aha" moment for the masses. DLT beyond not just a "store of value" but something intrinsically of much higher substance. That substance being in resemblance to the feelings evoked through this image: Image 2/ Trust- the basis of all human relationships and the fundamental underpinning of centralized society. We have to "trust the system", "trust the process", "trust each other." This need "to trust" is a problem when viewing the world as an economic flow of value. Image
May 22, 2020 11 tweets 3 min read
A thread of threads and tweets for those just learning about $LINK and the #4IR.
Jan 23, 2020 6 tweets 3 min read
1/ I've heard through the grapevine of some F500's projecting the global market opportunity for DLT (blockchain) is ~ $1 Quadrillion USD. People don't understand the extremity of what is about to take place in the data/automation revolution, aka #4IR. 2/ The world is going to be data-fied and fed to computers to automate manual processes. DLT is what is going to enable this. Enterprises are expected to save 30%+ in operating costs by using this technology compared to manual labor currently used. 

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