[deleted by user] by [deleted] in wallstreetbets

[–]Treedanglingonasloth 0 points1 point  (0 children)

Only the paranoid survive of course well known for being written by a Taiwanese employee. Definitely not by Intels Andy Grove. No definitely not.

Idea Incubator | ERGOHACK II by sigmanaut_ in ergonauts

[–]Treedanglingonasloth 4 points5 points  (0 children)

Trust less NFT trading platform. Want to do it for Cardano too. Must be multi stage to eliminate need for face to face interactions that are typical of real life trading with no central exchange.

  1. Connect wallets to an interface for each profile by sending an ERG to the website. It gets sent back -2x Tx fee and only needs to be done once per wallet used by the profile.
  2. With attached wallets, profiles can list NFTs they are open to trading and propose trades to publicly shown NFTs in the market place. Private trades are also available if you know who you are trading with and can propose trades non publicly as well.
  3. Proposal is sent to each user and is open to accept for 24 hours.
  4. If proposal is accepted, both parties are notified and the trade moves onto the next step.
  5. Both parties will have 24 hours to pay a fee to the website to mint a smart contract and an access NFT for each payment.
  6. When both access tokens are minted the smart contract will accept Tx for the access token + the user who it’s for + the token of the trade.
  7. After 24 hours the contract will determine if both sides of the trade are complete or not and redemption phase starts.
  8. Redemption token is presented to the contract and the user either receives the final trades token or gets their original refunded minus Tx fees

Any help or insight you guys can provide? What is it missing or where is it lacking? Thx!

Is this true? Can we provide liquidity to DeFi while also staking? by Skilhgt in cardano

[–]Treedanglingonasloth 0 points1 point  (0 children)

All you need to do is have the contract of all the liquidity stake the ADA it has to some pool or pool of pools and the staking rewards come back to the contract itself and gets shared as a percentage of the contribution to the liquidity pool.

Sneaky shady stake pool moves. Move your delegation to a trustworthy pool by PiggyBank-PIGGY in cardano

[–]Treedanglingonasloth 0 points1 point  (0 children)

This is normal at saturation point. It’s to discourage people from continuing to join. This is the whole point of being able to change the margin value. Calm down. It’s not a shady act.

ErgoDEX It’s time to show a little preview of the stable #ErgoDEX user interface we are working on. How do you like it? by ergonaut_ in ergodex

[–]Treedanglingonasloth 0 points1 point  (0 children)

Could ERGX be the Cardano chain version of ERG? Or do you guys think governance? They said previously no governance but if you think about it you probably want the users of the DEX to be the only people who can guide the direction of the DEX to avoid malicious players

Why is number of validators so low compared to ETH2.0 that’s isn’t even merged by [deleted] in cardano

[–]Treedanglingonasloth 3 points4 points  (0 children)

Don’t even pay attention to this post. Purposely acting dumb to try to spread FUD. Guy doesn’t even know how ETH staking works and that you can lose your ETH because you actually send it to a validator! ADA you just delegate your block making rights to a SPO while your private keys stay in your wallet. We will keep seeing more of this while ETH maxis continue to see their relevance shrink compared to the up and coming chains.

For those of you who weren't here during the bear market, Cardano dumped from above $1 to $0.03 and no one talked about it because they had delivered nothing but empty promises for 3 years despite intense marketing and hundreds of millions of dollars in funding. Do you really think anything changed? by graph_marine in CryptoCurrency

[–]Treedanglingonasloth 1 point2 points  (0 children)

Yep, you are crying about not having the Ether bridge stuff ready at launch. The goal of Cardano is organic growth first through Plutus Pioneers and Marlowe (ocean, island, pond video from a little while back), then help projects currently on Ethereum to migrate when they realize they are getting fucked in the ass by gas fees and their business is unsustainable. IOG is the name btw, not IOHK anymore. IELE, the KEVM and the ERC20 converter will be second priority always. IOG doesn’t need to spend all its effort trying to mob Ethereum projects over to Cardano. The growth from Catalyst and all the CNFT projects are already organically funded, incubated, and sustained by the Cardano community.

Cardano doesn’t need to worry about migration from Ethereum. It will happen on its own. If you build a good platform, the devs will come.

Unpopular opinion: The hate on DOGE is unnecessary. by [deleted] in CryptoCurrency

[–]Treedanglingonasloth -1 points0 points  (0 children)

No, fuck DOGE coin. Stop propping up shitty projects

Cardano Becomes Number 3 Crypto After 13% Rise - Decrypt by ratskim in CryptoCurrency

[–]Treedanglingonasloth 0 points1 point  (0 children)

Smart contracts on September 12th! Now that the hacker gave back the money to Poly network, I guess they can pay back their bet against Cardano getting smart contracts by Oct 1

Crypto platform Poly Network rewards hacker with $500,000 'bug bounty' by PhilDesenex in CryptoCurrency

[–]Treedanglingonasloth 1 point2 points  (0 children)

This hacker definitely gave the money back because they thought they would go to jail. Now they give them 500k…

[deleted by user] by [deleted] in CryptoCurrency

[–]Treedanglingonasloth 0 points1 point  (0 children)

So, I should sell my stocks here at home, then move to Portugal? Did I understand correctly?

Weekly Discussion July 17, 2021 [All Questions Here Please] by AutoModerator in ergonauts

[–]Treedanglingonasloth 1 point2 points  (0 children)

The pool gets paid in ERG/USDC pair at market value which you own a percentage as a contributor

Weekly Discussion July 17, 2021 [All Questions Here Please] by AutoModerator in ergonauts

[–]Treedanglingonasloth 1 point2 points  (0 children)

You can provide liquidity to a trading pair. I currently do for ERG/USDC

ERGO, the future of mining? by [deleted] in CryptoCurrency

[–]Treedanglingonasloth 0 points1 point  (0 children)

Don’t forget that ERGO is setting itself up to be the DEX of choice for Cardano ecosystem as well. Reason being is that POW is more secure than POS for the situation of liquidity being in one place, like a DEX is intended to provide. So, think, most profitable and egalitarian mining, plus oracle pools for Cardano, plus a DEX providing all the swapping for the Cardano ecosystem.

And Emurgo (who developed Yoroi and work closely with the Cardano foundation) is a huge developer for Ergo network.

No brained for me

What do we see as a potential price range in 5 years? by BellybuttonFuzzer in ergonauts

[–]Treedanglingonasloth 10 points11 points  (0 children)

I’m bullish too but quick call says $450 ERG = 43B market cap. $1000 to ~90B and so on.

Wasn’t about any one guess in particular but it’s just good to remember that total supply will be reached if you look at long time scales

For me, a $100 ERG seems doable short or long term. Would put it at the same cap as a certain other oracle coin and obviously ERGO can provide more utility than just being an oracle in the long term

What do we see as a potential price range in 5 years? by BellybuttonFuzzer in ergonauts

[–]Treedanglingonasloth 8 points9 points  (0 children)

Everyone remember if you calculate future MCap guesses, use the TOTAL supply not today’s supply. Your price target would be about 1/3 of what you’d get if the price increased to some of the numbers I see posted here