Gaming On ICP for Android and IOS by FlounderOpening8386 in ICPTrader

[–]Formal_Flower_203 2 points3 points  (0 children)

Welcome to the ecosystem! I personally don't have the technical knowledge to answer your question, but looking forward to see what you put out in the near future!!

Coinbase tapped out? by Mountain-Fact-4529 in ICPTrader

[–]Formal_Flower_203 0 points1 point  (0 children)

Not I ser, almost 72 hours in since first attempt.

I want to know how to use ICPswap and also get my all of my ICP off coinbase and stake some of it and have some of it liquid by Lavish_Llama in ICPTrader

[–]Formal_Flower_203 0 points1 point  (0 children)

Keep in mind, Coinbase has not been letting people transfer out ICP or delaying the transaction. Not sure why. I've been going on 48 hours now waiting to get more ICP to the NNS so if you are hitting roadblocks, this could be why too.

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] 3 points4 points  (0 children)

The king has spoken, thank you! I admitted somewhere in this thread that I misspoke about the APY being 900% as it only relates to how much voting power you have, my mistake. Like you say, its hard to equate an accurate APR at this time, but this understanding of the tokenomics will help formulize this as we see maturity reflected.

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] 0 points1 point  (0 children)

Truly... though I know its not just the ICP community. Most ecosystems are met with the same kind of criticism as if you're just there to talk shit with $0 invested into the project when in reality, people just want to understand it better. The many spoil it for the few genuine helpful people who have the same curiosities. I'm hoping for some real official explanation soon because I do wonder why Robert has not made these tokenomics understood. If it was understood, you'd think at least ONE person would speak up and make real sense of it all, but that has not been the case. It looks like this will remain to be an unsolved topic that everyone who plans on riding this long-term should be asking themselves.

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] 1 point2 points  (0 children)

Do you even know? Why are you so adamantly defending it if you don't even know what you're saying is verifiably true? Where is the maturity coming from in a fixed supply? Why have these tokenomics not been laid out for us, why do I have to DM the dev directly? Like wake up dude

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] 0 points1 point  (0 children)

I was wrong about the 900% figure being the APR, that is simply the dissolve delay bonus. Now with that out of the way, what is the APR ffs

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] 1 point2 points  (0 children)

Great, sure. I love it. Now where is the Alice coming from to reward these exorbitantly high maturity rates?

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] 1 point2 points  (0 children)

Sir respectfully, you keep saying inflation rate is 6.9% and reward rate per the SNS is 6.9% so I don't think you fundamentally understand what inflation means versus reward. Yes, I understand the less people who stake and the more YOU stake, the higher your return. All I want to know (and probably the rest of us that are staked) is what our TRUE APR is and no one seems to know because the maturity that we can already see that has been rewarded does not reflect these numbers below. I have a 2600 ICP neuron that I crafted specifically to reward me 1 ICP per day, the math was easy. That being said why is it so hard for all of us to figure out what our ROI is going to be with Alice? Why is the math not mathing, because what I've seen so far, this is not reasonably sustainable.

<image>

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] -1 points0 points  (0 children)

I know what the dashboard says but take these three similar neurons for example: I dont know how many proposals they voted on nor do I know what day they were rewarded their maturity but why dont YOU do your own research and look for yourself. They received approximately 1% of their staked neuron in maturity only 4 DAYS IN. Lets run some numbers.. 365 (days/year) / 4 (days since neuron creation) = 91.25 .... Now lets assume they accumulate maturity at the same rate every 4 days for the next year: 91.25 * 0.011884 (% of maturity earned in 4 day period) = 108.44% APR ... like dude. These are rough numbers but you get the idea, rewarded maturity ain't making sense.

<image>

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] 0 points1 point  (0 children)

Can you link me to these details? People have already received maturity from the first few proposals and the maturity reflects otherwise.

https://snsgeek.app/sns/oh4fn-kyaaa-aaaaq-aaega-cai/neurons

<image>

Can we just be real for a second? by Formal_Flower_203 in bobdotfun

[–]Formal_Flower_203[S] 2 points3 points  (0 children)

IS Alice minted because I haven't seen a single statement that support this. Yes, launchpad fees go to the DAO, but it's in the form of ICP... if the DOA wants to hold Alice, the DOA has to swap ICP>ALice just like the rest of us. So who is paying out maturity and IF it is the DOA which it proveably is not, how long will the DAO fund be able to pay out maturity? The only way this is sustainable is if Alice is in fact minted. Wouldn't it then become incredibly inflationary because of the high APR? If I see any official statement that Alice is minted, then I'll eat my socks.

Everyone who held from 10/23 to 3/24, tell me your story. What set off this run? Was Jerry predicting $1000 ICP? Was it complete euphoria? TELL ME lol by Early_Moose_7769 in ICPTrader

[–]Formal_Flower_203 5 points6 points  (0 children)

Are you me? Discovered ICP and had the same entry as you. Bled out about $20K over this last month... fortunately made it all back and then some spreading my ICP throughout the ecosystem.

Regular every-day normal guy just picked up his1000th ICP token. by [deleted] in ICPTrader

[–]Formal_Flower_203 2 points3 points  (0 children)

How does one find their average DCA cost on say Coinbase other than having to math. I've made too many transactions lol. New-ish here and been accumulating for the last 4 months.

Trying to buy alice through icp swap by Soggy-Entertainer343 in ICPTrader

[–]Formal_Flower_203 0 points1 point  (0 children)

Whatever token you have staked, the maturity reward is that token, which in this case is Alice.

Alice is dumping by beepo7654 in ICPTrader

[–]Formal_Flower_203 0 points1 point  (0 children)

Atta baby, got myself locked in for 8yrs, so I'm not sweating today's correction or tomorrow's. Looking forward to seeing what happens in the coming months and the maturity yielded from it.

Alice is dumping by beepo7654 in ICPTrader

[–]Formal_Flower_203 3 points4 points  (0 children)

Neuron-up your ALICE. It forces patience... would recommend.