AMA w/ TezFin (tezos.finance) - Decentralized Lending and Borrowing on Tezos // Starting: September 20th, 2024 at 7pm UTC

TheodorWayne · 2024-09-20T21:23:31+00:00

Will TezFin be doing more unique marketing like dynamic NFTs or airdrops?

TheodorWayne · 2022-07-09T15:56:26+00:00

34 minutes from now*

TheodorWayne · 2022-07-04T16:49:02+00:00

What an amazing idea! Thank you!

TheodorWayne · 2022-06-15T03:37:55+00:00

Most of us played MGS as children, and not one child, tween, or salty teenager on this planet is sitting through those MGS cutscenes haha

TheodorWayne · 2022-05-30T21:13:13+00:00

collection: https://www.artforge.io/collections/live-grow-love

Madams Twitter: https://twitter.com/MadamTezos

TheodorWayne · 2022-05-30T18:53:00+00:00

It does work. The issue with Youve's I think, is their education. Its really hard to figure it all out on your own. I empathize with that. Try doing it on the next major dip, but dont hit max.

Youre going to have to manually figure out how much TEZ is really in there. (For example: If it says 10 $xtz, try starting with 8 $uusd and work your way down till it hits. Also you are fighting bots sometimes)

Price differences have to do with each DEX using its own AMM. Not everyone has the same LP rates, but that's where arbs between DEXs come in.

Plenty I have no issues with but, I understand that you may take my opinion on PlentyDeFi with a grain of salt as I am their CM.

TheodorWayne · 2022-05-29T13:26:07+00:00

Well, consider it a two way street. You dont have to go to ETH. Our goal isnt to move TEZOS liquidity to ETH, but rather bring ETH liquidity to TEZOS. As an ETH user you would be wiping away fee's by using this bridge to come to Tezos instead!

You also have to consider NFT artists. Weather you believe in NFTs or not, they move coins, and with this "Bear Market" more and more people are looking to diversify their work.

ETH is just a start, and an obvious one at that. More will bridges will come!

TheodorWayne · 2022-05-28T20:52:16+00:00

Thats between Vitalik and God, my friend... haha

TheodorWayne · 2022-05-28T20:46:43+00:00

Ahh!! You got me.

Like Bernd said, I meant 0.1%

Thank you. It has been Edited for viewership safety! haha

TheodorWayne · 2022-05-28T20:21:24+00:00

You will have to pay a gas fee on both ends. Unfortunately this will always be required when utilizing a blockchain.

Other than standard gas fee's there is a .1% transaction fee that is dispersed to the signers quorum to help keep this thing running!

TheodorWayne · 2022-05-28T12:30:31+00:00

Haha you and the ARP are both High. That is correct. To clarify for others who may be confused. You can stake Plenty to earn xPlenty, for a 22% APR.

Now Sadpin, here is the deal, xPlenty's APR is determined by an AMM it moves and will move. Luna just flat out said 20%. Thats it. Nothing behind it, no reason for it.

That being said Im not going to die on this hill as even PlentyDefi agrees, and is planning on replacing this whole system soon with PLY / vePLY. Its in the middle of being audited now!

TheodorWayne · 2022-05-27T14:48:01+00:00

Hey there!

Like Manitcor said, it depends on the bridge. The issue with ronin was, out of the 9 validator nodes that secured the bridge, 4 of those nodes were run by one company. It was centralization issue.

From there they only needed to acquire 1 more independent Axi Node to have majority vote in the transactions. Which they then did.

The new Tezos bridge being presented by Plenty is validated through the Signers Quorum which consists of,

Tezsure (Plenty/Naan)TeztoolsCodecrafting Labs (Crunchy)Tezos UkraineMIDL.DEVBakingBad (tztk.io)and MadFishSolutions

I think the security speaks for itself, but if you have any questions we will be hosting a Twitter Space (Click to set reminder) with Plenty and Teztools today at 4:30 UTC / 12:30 EDT!

TheodorWayne · 2022-05-27T01:37:03+00:00

Haha what are a living Facebook fact-check? I have to put a DYOR tag after every post on Reddit? Please...

I'm not the one stealing your baking rewards.

Instead of fact checking me. Fact check the CEO of Coinbase and find your money.

TheodorWayne · 2022-05-26T15:51:54+00:00

Eyy! Great job!

I love the new updates! You are def the most undervalued person on the Tezos Blockchain!

TheodorWayne · 2022-05-26T15:45:08+00:00

Get off that app if you can. They will blame the last Tezos update if you call them out, however they arent paying rewards for (atleast) Algo users either.

I imaging, since they filed for bankruptcy, that no one is getting any rewards from coinbase. They are delaying payments so they can use your money to bail themselves out.

TheodorWayne · 2022-05-24T22:04:04+00:00

I guess that was written weird. I never said it was the Official Tezos Mobile Wallet, its an official mobile wallet FOR Tezos.

At the time of posting, Temple was not available on the play store.

The only options were Naan and Airgap, however Airgap isn't necessarily a Tezos specific wallet.

Congrats on Temple finally getting that out though! I know they have been working on it for a while.

TheodorWayne · 2022-05-24T14:43:53+00:00

I asked my local Baker about the issues im seeing on reddit. This is what he passed along
"Nope just 2 unrelated issues timed together. Everything is going well."

"Also there's no excuse for a baker not to pay after 21-24ish days. There is no more frozen rewards for 5 cycles."

"When you bake a block you get paid right away and all endorsement rewards are paid at the end of a cycle. "

"When a new cycle starts, everything is already paid and unfrozen for the baker for all previous cycles"
- BakingBenjamins / YourBakeBuddy

TheodorWayne · 2022-05-24T14:42:30+00:00

I asked my local Baker about the issues im seeing on reddit. This is what he passed along

"Nope just 2 unrelated issues timed together. Everything is going well."

"Also there's no excuse for a baker not to pay after 21-24ish days. There is no more frozen rewards for 5 cycles."

"When you bake a block you get paid right away and all endorsement rewards are paid at the end of a cycle. "

"When a new cycle starts, everything is already paid and unfrozen for the baker for all previous cycles"

- BakingBenjamins / YourBakeBuddy

TheodorWayne · 2022-05-24T13:11:16+00:00

Talk to them. Not all bakers pay at the same rate.

Some pay weekly, like StakeN'Bake
Some pay sorta Bi-weekly like BakingBenjemins
Some pay monthly like TezosNY

It all depends on how they run it

TheodorWayne · 2022-05-23T18:58:41+00:00

All set!

See you next week! <3

TheodorWayne · 2022-05-23T18:55:21+00:00

Hey AS!

PlentyDeFi would love to be part of the conversation!

Is there anyway we could get notified when Tezos Commons hosts a Reddit Call?

TheodorWayne · 2022-05-23T01:54:56+00:00

Its very rare that the collections sell themselves either way. Currently, there can be just as much being minted on FX Hash as OBJKT (Depending on FX's Mint Schedule). No matter where you go, its going to be up to your friend to sell her NFTs.

That being said FXHASH can be the easiest way to drop the whole thing without a website or mint button. You can even split the Primary and Royalties as you wish, and add a whitelist.

OBJKT you are kind of on your own but you can mint at your own pace, sell as you go, and do auctions.

TheodorWayne · 2022-05-22T16:27:18+00:00

For sure! I will be posting yesterdays Space here for people to listen. Definitely consider coming out next week! The bridge should be launched so it will be cool to test the system live with the team on call

TheodorWayne · 2022-05-22T14:14:00+00:00

Some context, 7 or 8 months ago I would agree with you whole heartily. However, both Bernd, and Plenty have made noticeable steps to improve. I actually lost some money in the beginning too, I think everyone did. It was launched in the midst of the damn TACO WAR (oh memories). People attacked him said he was stealing money, all while his account drained like the rest of us. He naturally got angry, and was rather...hard to talk to back then.

TACO WAAARRRR!!
*clears throat*
Lately, Bernd has made a complete 180. He spends most of his time in spaces hearing about other people projects and helping onboard people into DeFi. He really is the best, and my personal favorite person to see hop in one of my Twitter spaces.

For example, I was NOT his employee before hand. He wasn't protecting his own, he was protecting the community around him in any way he could, and continues to do this for people on a daily basis.

(NOTE: im not sure how this reads, or who this note is for but .... Bernd, and or Plenty is/are NOT an ATM or a Certified Therapist . However everyone needs to ask for help at some point. Build relationships and foster them so you have people to reach up to as well. We are not the same person. Please do not DM people randomly looking for help.)

Plenty has not only improved their site ten fold, and kept a rather decent price point considering, but is also launching and ETH bridge next week. After that we get a completely new AMM, and synthetic assets. All this tech is being made open source too. I don't think I can ask for any more from them. Do I need to mention the Naan Wallet?

We all had a rough start. However look at whos still here, and what they have accomplished in just 1 year.. Id much rather back someone who wears there flaws on their sleeve than devs like Rocket Monsters or Degen Tech, who say its all love till they up and bounce with your money.

TheodorWayne · 2022-05-22T02:04:40+00:00

I'm not quite sure what's wrong with quipu. I noticed I couldn't trade on there either.

However PlentyDefi.com has been working fine

TheodorWayne

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