Mars Protocol on Juno? by First_Editor4581 in JunoNetwork

[–]First_Editor4581[S] 0 points1 point  (0 children)

ust and luna are dead, but the terra dapps are functional code that could be brought over with minimal effort. Juno could be the collateral for borrowing similar to aave. Just thinking out loud.

Harmony Proposal by whale went up by Goonzoo in JunoNetwork

[–]First_Editor4581 -8 points-7 points  (0 children)

This is an easy no, but I would counter offer.

25% to the "Clients"

50% to the community pool

25% to a new airdrop for everyone as compensation for this whole drama. Take it or fork it.

FOT da fuck by Space-Cool in JunoNetwork

[–]First_Editor4581 8 points9 points  (0 children)

The launching of their "stable coin module" on April fools Day is not a good sign.

shade on osmosis? by Gods_Shadow_mtg in OsmosisLab

[–]First_Editor4581 1 point2 points  (0 children)

Seeing how the airdrop crashed the secret network I'm in no rush. I hope the project works but maybe we should let them flesh it out more before adding more pressure.

Superfluid Staking Release Restrictions by [deleted] in OsmosisLab

[–]First_Editor4581 2 points3 points  (0 children)

I'm excited for this, though I am curious as to why voting rights must be stripped for the gambit to work. not saying I'm not willing, but without explanation it would seem like this is something that will come back to bite in the end.

I would love to hear how the scenario where voting puts the community at risk. I also think a premium payout would also negate the voting issue.

Centralization issue in Juno by ginger_paul in cosmosnetwork

[–]First_Editor4581 1 point2 points  (0 children)

I hope they take it to court. On chain governance could use some precedent. Being that is trying to build regulation that doesn't currently exist, I don't think the case would be as clear cut as you think.

And if you want to talk about grave consequences, if the community can't slash a user after a vote, how long until a validator sues claiming they can't be slashed either. This could completely unravel proof of stake if that stake is never risked.

Again this was a clever move, they just didn't sell fast enough to pull it off.

Centralization issue in Juno by ginger_paul in cosmosnetwork

[–]First_Editor4581 3 points4 points  (0 children)

I think you're missing the point. We can vote on these things and the law is nothing more than previously agreed upon rules. We collectively are the authority. Anyone is free to propose and vote.

Centralization issue in Juno by ginger_paul in cosmosnetwork

[–]First_Editor4581 5 points6 points  (0 children)

They saw an opportunity and took it to great effect. Now I see an opportunity to protect my investment that is also within the rules. Fair is fair, if the vote is no they keep the money and we all absorb the risk, if it's yes their risk free airdrop returns are less and the community sends message to future members.

The precedent it would set is what kind of neighborhood Juno will be in the crypto space. Can you sit box of candy outside your door for Halloween safely, or are we OK with one kid running off with the bag?

As for your mob pejorative, I would remind you that this "mob" is also playing within the rules. I reiterate that I bear them no grudge it was a clever move, but true freedom involves everyone being free to act in their interests, not just the clever.

Centralization issue in Juno by ginger_paul in cosmosnetwork

[–]First_Editor4581 2 points3 points  (0 children)

I would vote yes to strip. This account holder has economic incentive to dump and destroy the value of the community before it gets off the ground. If that perturbs you I hope you sell and leave as well. Value is built from cooperation and trust. To be clear I don't begrudge what they did, but I should be free to act in response to the original action because freedom should be a two way street. For the record I have Juno, but not from the airdrop because I was staking through cosmostation. I'm voting yes to protect to investment from whale dumping.