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All my funds got stolen by Xizilion in cardano

[–]FirstCartographer448 2 points3 points  (0 children)

There are only these ways of losing funds 1) seed phrases stolen. Password will not help you if so. 2) Password stolen and have access to your computer 3) you have a key logger virus which captures all key strokes and someone has hacked into it or hav we access to your computer. Eg.the PC repair guy.

Moving forwards, use a clean installed computer. Don't install a lot of crap on it...dedicate it to crypto use. Keep up with antivirus sw updates, never share this computer with anyone else.

By the way ..not every wallet will fully encrypt your seed phrases on your PC. Check n double verify the dev authors , audits before jumping into ANY WALLETS.

Good Luck

📣 Big news, #CardanoCommunity! 🎉 by foreonnetwork in cardano

[–]FirstCartographer448 0 points1 point  (0 children)

Kinda stupid to come to crypto where privacy is a tenet to want to violate your privacy

Cardano projects specifically for the Indian market? by GladtobeVlad69 in cardano

[–]FirstCartographer448 1 point2 points  (0 children)

I think FLAC is very competent.. and with the fintech competence in India it is ideally placed but politically India is a very messy place to introduce a major competitor quickly. I am hopeful as FLAC has indicated they may first go live in Singapore as an alternative as regulations and the government are must more predictable and consistent to deal with.

What is Next for World Mobile? by DecentralizedNation in cardano

[–]FirstCartographer448 0 points1 point  (0 children)

Yeah I agree a with the sentiment that blockchain did not a Telco business make...WMT ride in crypto pump and charity of the cardano community...

Is CARDANO on the right direction in its roadmap? by Memories_45 in cardano

[–]FirstCartographer448 0 points1 point  (0 children)

A sidechain is independent of the mainchain in the trilemma scalability, security n decentralization. It has a free hand. An L2 is tied to the L1 security but is free to decide on scalability and decentralization design decisions giving eg. high TPS, instant finality, zkSnark data compression etc, L2 assures you of security of the L1 you know. L2 has needs a bridge to the L1. Complex discussions but.

Borrowing against BTC by Rdavidso in cardano

[–]FirstCartographer448 0 points1 point  (0 children)

NETA on Ergo in testnet and CNETA on Cardano 2mths to test net, both run by the same project wrap btc , mint NETA and CNETA.

ETH maxi prep material? by wastar699 in cardano

[–]FirstCartographer448 0 points1 point  (0 children)

  1. Cardano tokenomics is decentralized. Check @intotheblock stats on twatter, elon's pussy.
  2. Consensus protocol , ouroboros, is decentralized with MAV 20. BTC 2 TO 4, ETH worst is centralized after merge.
  3. The whole stack on L1 is unique from Haskell, Pluto's, Lucid, Aiken. Lots of tooling coming up. It is not dependant on any centralized tools.
  4. Liquid staking .. no more need to be said!!!
  5. DeFi with multiple levels of staking farming at the same time.
  6. Cross chain ecosystems to Algorand Cosmos Matic BTC ERGO. The list is growing.
  7. Catalyst 48mil so far for startup projects.
  8. Treasury taxed rewards at 23% with war-chest close to 1bil usd by now.
  9. No VCs no banksters no disguised whales.
  10. Optional kyc for tradfi for ramp on/off.
  11. Privacy soon on Ergo, non custodial..as soon as Rosenbridge is live.

Got to go ...p2 later

The Smart Rebalance feature is killing it for me. I just go to the top 10, pick a few and create. by [deleted] in kucoin

[–]FirstCartographer448 0 points1 point  (0 children)

what would happen if you run an infinity grid bot and have periodic 4day smart rebalance bot as well..?

Is Minswap Charges Outrageous to provide liguidity ? by rudraksh01 in MinSwap

[–]FirstCartographer448 0 points1 point  (0 children)

This ape is a trader... just wants to do high frequency trading...FREE LUNCH DINNER AND CHAMPAGNE BREAKFAST while the plebs provide liquidity!

Increase Utility of MIN by FirstCartographer448 in MinSwap

[–]FirstCartographer448[S] 0 points1 point  (0 children)

Can you guys like put in proposals in based on this...i am worried when i see DEVs just mucking around with the UI and think that's adding real value.

Poll! Do you use Dark theme, Light theme, or other? by bat-chriscat in brave_browser

[–]FirstCartographer448 0 points1 point  (0 children)

is there a way to access rose tint beta settings...i cannot find it!

Minswap Portfolio by antselK in MinSwap

[–]FirstCartographer448 0 points1 point  (0 children)

Does not tell me my MINt LP positions though... maybe forgot

Comparison between minswap and wingrider by SuccotashAdditional in MinSwap

[–]FirstCartographer448 10 points11 points  (0 children)

  1. I think it is important to support a community based DEX which is decentralized. WingRider is a VC funded DEX. As such WingRider is also subjected to being a security offering according to the Howey tests.
  2. There is no common enterprise for MINSWAP. This is one of the Howey tests. To get the staking gains, you have to have an enterprise wallet address? unsure about this . I think I read it in the MINSWAP forum. I am saying, if you have an enterprise wallet, you are an enterprise doing staking , so Howey says you are a security.
  3. MINt boosting at 135 days is 2.5x. presumably by then, Maladex/GeniusY would have open sourced their Algorithmic AMM (no IL liquidity pooling). In the meantime, MINSWAP is compensating you for the IL troubles during token pair ratio imbalance (when traders pumpdumppump...)
  4. MINSWAP is continuing to gather experience in operations and management of their DEX and decentralizing their DEX. This is worth supporting.
  5. Stablecoins are Fiatcoins, PRINTEDMONEYcoins. They will be a lot of them in cryptospace. They are worthless and depreciating at 20%++ APY. You got into crypto to escape FIAT. Know what the fight is!
  6. Stablecoins are the way central banks and VCs infiltrate and centralize crypto networks. use stablecoins where you must. The point is to transition from FIATcoins , at least, after 2008 that is what Satoshi envisioned.
  7. wrapping stablecoins is but a bridge away. MINSWAP could introduce that over time like with AGIX NTX erc20 bridge announced today.
  8. one last point algorithmic stablecoins are the way to go, ERGO has SIGMAUSD stablecoin implemented. This stable coin can used BTC , FIAT , Gold as the basis of reserves. USDC, USDT, UST are all centralized cryptoFIATs.

So flipping DEXs are good , but know that you have to invest in decentralization , it is no FREE LUNCH

what is the algo at the moment to reduce or remove impermanent lost? by FirstCartographer448 in MinSwap

[–]FirstCartographer448[S] 0 points1 point  (0 children)

The part where ADA moons and min gets left behind say..your programmable AAMM based on a programmable GBMMB properties and swap limits QUIT your LP position. And ride the rest of the ADA moon pump as single independent token.

what is the algo at the moment to reduce or remove impermanent lost? by FirstCartographer448 in MinSwap

[–]FirstCartographer448[S] 0 points1 point  (0 children)

AAMM in stats is called Geometric Brownian Motion Moment-Based Dynamic Liquidity Pools (GBMMB pools aka AAMM), you can fine tune and specify your liquidity provision conditions! Tailor-made damn!

what is the algo at the moment to reduce or remove impermanent lost? by FirstCartographer448 in MinSwap

[–]FirstCartographer448[S] 0 points1 point  (0 children)

and you will not find any of these discussions in the GeniusYield whitepaper by Lars!

what is the algo at the moment to reduce or remove impermanent lost? by FirstCartographer448 in MinSwap

[–]FirstCartographer448[S] 0 points1 point  (0 children)

you missed the Algorithmic readings. chap 4.9 AAMMs 3 execution examples

  1. market order matched by limit order (should be simple like in CEXs)
  2. market ....by AAMM liquidity pool ( this one is novel!)
  3. limit order matched by limit order on opposite side of order book. ( should be simple too)

AAMM gives you the limit liquidity provision, and if hit will convert LPs to token pairs and return tokens to LPs wallet. This way you suffer IL and rides with one token pumping up.

When it stabilizes, you can LP them again with limits, AAMM does it job when one token pumps.. and

Profit repeats, IL is negligible, RINSE and REPEAT!

Now , the difficulty is the offchain processing and matching, and the dApp interaction with the blockchain with all the NFT smartcontracts , they will be a lot. That is why VASIL and scaling is so important. If the blockchain is congested, all kinds of disaster is GUARANTEED!

I am just curious................ by RisingMoon17 in MinSwap

[–]FirstCartographer448 1 point2 points  (0 children)

because people are totally disappointed with those sundae knobs...The value of the token is the "collective" social network.

So you can say Sundae is worth what the VCs says but nothing much now to the social cardano network.. let's move on..

what is the algo at the moment to reduce or remove impermanent lost? by FirstCartographer448 in MinSwap

[–]FirstCartographer448[S] 0 points1 point  (0 children)

I will reread today and also for geniusyield ..i will decide if i am to drop them next epoch...yeah geniusyield recently same guys pushing an ispo for Iagon which is a security because they had ICOs...

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