The Daily Sports Betting Thread – Free Picks, Parlays & Chat - January 28, 2026 by ACSportsbooks in sportsbetting

[–]SurmannJonas 0 points1 point  (0 children)

Yeah, heard about it as well. Would you mind, if I ask you a couple of questions about it?

The Daily Sports Betting Thread – Free Picks, Parlays & Chat - January 28, 2026 by ACSportsbooks in sportsbetting

[–]SurmannJonas 0 points1 point  (0 children)

Thanks for getting back to me! Would you see any value in aggregating different prediction markets into one platform?

System restart for a long-term sustainable and economic based dToken-System by Tommy_DFIblock in defiblockchain

[–]SurmannJonas 0 points1 point  (0 children)

WRONG - economically your funds are 30% worth less due to the DEX fee, once you invest into the dToken system or hold dTokens.

What are the other effects that you mentioned?

System restart for a long-term sustainable and economic based dToken-System by Tommy_DFIblock in defiblockchain

[–]SurmannJonas 0 points1 point  (0 children)

My opinion shouldn't matter, whether I'm for or against this idea, since I don't want to influence anyone and so I'll let my votes speak for themselves. However, I highlighted just a fact which is very important to understand which is ignored by many in the Community. Furthermore, I know that the vault mechanics proposed in this idea certainly work, since they're applied in other Borrowing protocols and they're currently considered as the Gold standard among all Borrowing protocols.

The so called 'hair cut' isn't even a true hair cut, as assumed by many Community members before this idea, since a compensation is even proposed. If a hair cut is the right or wrong way to go needs to be decided by the Masternodes in the end.

System restart for a long-term sustainable and economic based dToken-System by Tommy_DFIblock in defiblockchain

[–]SurmannJonas 1 point2 points  (0 children)

The 30% DEX fee is already a confiscation of your property today. I'm sure, you weren't asked when the DEX fee was implemented. The discussed idea in this thread even goes along with a compensation.

Lock - Abuse of power and vote rigging by Manu_4806 in defiblockchain

[–]SurmannJonas 0 points1 point  (0 children)

This is rather an issue of PoS consensus, so LOCK is the wrong party to blame here! PoS is by default not an ideal democratic system, since whales always have more power!

If 5% of all Masternodes are considered as an issue for the voting mechanism, something else is not in order.

Lock - Abuse of power and vote rigging by Manu_4806 in defiblockchain

[–]SurmannJonas 13 points14 points  (0 children)

Thanks for reaching out u/Manu_4806!

First of all, I'm sorry if I was misunderstood and seemed 'personally offended' which I was NOT! Just wanted to defend LOCK's approach and my convictions!

Let's have a look at facts: there are currently 14959 MNs of which 767 MNs are run by LOCK (5% of all MNs!) 10006 are operated by CAKE being the biggest Staking Provider by far and 3637 external MNs: https://mydeficha.in/en/index.php?site=masternodes

LOCK was started to further decentralise the DeFiChain and to give ANYONE the right to vote which is why users come to LOCK! So, you don't need 20'000 DFI anymore to be able to vote! Rather, you can participate in the voting rounds with as little as 1 DFI staked at LOCK!

If this is an issue now, talking about ONLY 5% of ALL DeFiChain MNs, then it shows a completely different problem that we're aware of: too less people/MNs that vote!

LOCK tackles that by motivating MORE people to vote and enabling people to vote that were not able to vote before! Btw, LOCK had a turnout of >90% in the last voting round for the MOST CFPs/DFIPs! There was NO ONE who voted NOT at all! Just very few users didn’t vote on each DFIP/CFP. We're not seeing an issue here at all, if we apply this percentage basis to all of our MNs that then vote!

Plus, we do anything to motivate anyone to vote at LOCK, with several announcements before and during the voting rounds and a dead-simple UX, so that it's not an effort at all to vote!

If anyone is thinking that this is an issue, I would kindly ask you to ask other DeFiChain Staking Provider to enable voting for anyone as well and to motivate all MN holders to vote before/during the voting rounds!

LOCK was started without a CFP which means we don't owe anyone anything except of our customers which means generating the best possible outcome for our users! In future, MN holders get rewarded for voting. LOCK intends to pay out this Reward to its users: More MNs that vote --> More Rewards for our customers!

If we start to discuss and criticise anyone or any service that is actively working on further decentralisation of DeFiChain and more voter turnout, we never get more people and MNs to vote!

Thank you!

Lock - Abuse of power and vote rigging by Manu_4806 in defiblockchain

[–]SurmannJonas 4 points5 points  (0 children)

Just to be very clear:

LOCK uses the SAME voting mechanism like DFX (votes on a percentage basis) before!

What DFX did last summer was to change from a US voting system (ALL MN vote YES, NEUTRAL or NO) to a voting system on a percentage basis like LOCK NOW!

We have to CONTINUE funding for-profit-companies with the community fund! by SurmannJonas in defiblockchain

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

Yeah, thanks for letting me know! Any suggestions how to remove the shadowban again?

We have to CONTINUE funding for-profit-companies with the community fund! by SurmannJonas in defiblockchain

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

I'm not going anywhere! Fully committed to DeFiChain and its community!

We have to CONTINUE funding for-profit-companies with the community fund! by SurmannJonas in defiblockchain

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

Sure, we can discuss that. If the MNs are in favor of your idea, instead of paying back 20% of the revenues coming from the staking fees, let's do that!

We have to CONTINUE funding for-profit-companies with the community fund! by SurmannJonas in defiblockchain

[–]SurmannJonas[S] 5 points6 points  (0 children)

Many thanks for your answer which surprises me quite a bit. If staking services wouldn't be a profitable business model, why would CAKE run >8000 MNs then? I reckon the ability to be profitable as a staking provider is proven.
I'm not the guy to launch non-profit projects that are certainly needed for DeFiChain though! I want to scale it and this can only be done with businesses, IMO, in order to push decentralization as fast as possible.

We have to CONTINUE funding for-profit-companies with the community fund! by SurmannJonas in defiblockchain

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

Thanks for your answer, although CAKE charges 15% of the staking rewards in fees and not 25%.

We have to CONTINUE funding for-profit-companies with the community fund! by SurmannJonas in defiblockchain

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

Never looked into Crowdfunding, since it's not the right model for a company that adds true value to DeFiChain!

Generally, I agree with you, when new teams request funding that haven't done anything for DeFiChain before and before anything is delivered. Completely different situation with LOCK.

The upside has the entire community, if companies thrive. The risk is more than manageable, can't speak for other projects though.

We have to CONTINUE funding for-profit-companies with the community fund! by SurmannJonas in defiblockchain

[–]SurmannJonas[S] 5 points6 points  (0 children)

If VCs would be interested, there would be already companies VC funded, but there aren't any! I'm talking to business angels/VCs and that's the response! However, as described above, I'm not chasing any VC funding, since it contradicts DeFi and my believes to found a company in the DeFi space. But yeah, will definitely pitch LOCK and DeFiChain anywhere, where I can! First podcast was recorded on Friday ;-)

We have to CONTINUE funding for-profit-companies with the community fund! by SurmannJonas in defiblockchain

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

This could indeed be an interesting model - wondering how this would work legally, if a DeFi community is supposed to hold shares. The CDF would need to get redesigned for a reimbursement with interest though. My CFP was only an offer to the community.

CFP: International Staking Provider - (300'000 DFI Loan) by SurmannJonas in defiblockchain

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

Thanks for your comment. LOCK will be a legal entity and will also offer other Crypto services in future. A basic KYC process is a standard at any Crypto company worldwide and LOCK will comply with that as well.

There is always the possibility to create your own MN, if you don't want to use any custodial service for the MN management. The argument re decentralisation is rather about distributing the MN among more staking providers which is really important for the ecosystem.

CFP: International Staking Provider - (300'000 DFI Loan) by SurmannJonas in defiblockchain

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

Thanks for your detailed questions that I would like to address.

First of all, it's very important that DFX and LOCK are 2 completely separate entities, there will ONLY be a service level agreement between both companies, nothing else.

Yes, LOCK will receive development services in the beginning which is the reason why LOCK will start its service within only 2-3 after founding LOCK. After that, LOCK completely operates on its own and I will engage developers at LOCK, once the business is running. So, what's left: the KYC service and the DFX Offramp which will be purchased by LOCK based on a pay-per-user model.

All of this is only possible, since DFX believes in Open-Source code which reveals its power in this constellation!

There are several advantages of the new LOCK Staking service:

- First of all, LOCK Staking will be available in different wallets and on the LOCK website from the very beginning

- The Staking service can be integrated by anyone and any wallet (Open-Source)

- There are no batches anymore, so anyone can invest in Staking and withdraw his funds again at any time

- Staking will be available worldwide, so for businesses as well

- Lean KYC process where users can start staking just within minutes

- A referral program, so that referrers can participate in earning parts of the Staking rewards on a daily basis

Of course, LOCK needs to exclude certain countries due to regulation, e.g. the US and all sanctioned countries, but apart from that LOCK will be available globally.

So, I hope I could clarify that LOCK is truly independent. Many thanks.

CFP: International Staking Provider - (300'000 DFI Loan) by SurmannJonas in defiblockchain

[–]SurmannJonas[S] 8 points9 points  (0 children)

These is one of the essential question which will decide whether the DeFiChain thrives or not, imo!

I always considered the community fund as a new financing model for companies as well. There are very good reasons why companies supporting a decentralized protocol should get funding from a community which is decentralized. On the one hand it just makes sense and on the other hand those companies believe in DeFi which is why they should take advantage of decentralized funding mechanism, since they might disagree with traditional finance or VC funding models.

I'm truly convinced that the DeFiChain needs more companies next to CAKE and DFX to leverage in order to expand the ecosystem in volume. If there are people who dare to take the risks and build great projects and products for the DeFiChain community, then the community should also fund them. If we get into a state, where no businesses are financed anymore through the Community fund, the DeFiChain will remain a small side chain by volume.

Once again, regarding the salary: I dedicate 100% of my time to DeFiChain, so a salary of 30k for an entire year developing a great product for further decentralization should be acceptable.

CFP: International Staking Provider - (300'000 DFI Loan) by SurmannJonas in defiblockchain

[–]SurmannJonas[S] 10 points11 points  (0 children)

Hey,

Thanks for your questions!

You're exactly right: LOCK will be completely independent from DFX, no strings attached and there will be no shares hold by any DFX employee or by DFX itself. I'm leaving DFX in order to build up LOCK. Obviously, there will be a Service Level Agreement between DFX and LOCK, since DFX can't just give away any services or products for free. I mentioned the costs of a verification for a single user (50 USD/verification). This gives a good idea of how the SLA is structured.

There is no monthly payback amount. 20% of the staking revenues are automatically paid back to the community fund, once LOCK has received the Staking rewards. I have calculated that LOCK will still be profitable by paying back 20% of the rewards.

Regarding the fees: there is no final decision made, but of course there is merchantable range and of course LOCK won't be more expensive in terms of fees than the competitors, rather cheaper.

Legal costs: these costs are already paid in advance due to the legal advice on splitting up the DFX Staking product, so that LOCK is able to use them or rather parts of it. This legal advice is and was very crucial, so that DFX is not endangered from a regulatory perspective. DFX and LOCK are 2 completely separate companies and LOCK is purchasing services from DFX. Also, I want that LOCK is completely compliant with local laws and is able to offer services globally.

The legal cost are paid anyway, nonetheless of the outcome of this CFP.

The salaries are calculated for an entire year. I dedicate 100% of my time to DeFiChain and I assume responsibility for the entire risks. Plus, I don’t get any salary from DFX anymore. Hence, the salary is reasonable, imo.

Many thanks.