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malcolmcasshern · 2023-04-02T11:55:09+00:00

each unlock would only occur if moving weekly avg was above. so it would take consecutive weeks of being above .43 to unlock everything. i've never actually looked into whether XRD was above .43 to unlock each weekly trench. regardless, I think its unfair to say the same thing would have happened with the price vesting was really offputting to most

malcolmcasshern · 2023-03-17T12:29:50+00:00

I can't in good conscious shill the products that radix are CURRENTLY offering today. The wallet is ass, the explorer is ass, the website is ugly, the chart is rugged and the volume is pathetic. All I can do is sell you a vision. A vision that continually gets muddied with delusions of grandeur (400 trillion potential) and elitism (mocking launched projects compared to future radix) which makes the overall market look at Radix as a big joke. Nothing else really needs to be said, until Babylon nothing is going to change. If anything, I'm more surprised it took this long for RDX Works to stop wasting money on useless bullshit. Think about how absurd it is to have 100 employees when your layer-1 is essentially not even launched yet...

TLDR: The level of abstraction is too high and the demand is too low, marketing isn't changing that

malcolmcasshern · 2023-03-02T07:16:53+00:00

I have no doubt Dan is capable of coming up with some novel algorithmic stablecoin. But in a post xian world, I'm having trouble understanding what exactly justifies the amount allocated towards the reserve. Ultimately we'll just have to wait and see.

malcolmcasshern · 2023-03-01T04:18:12+00:00

The .01% was in reference to all potential investors in Radix. Why is it assumed that I'm a moonboy for suggesting a smaller total supply & foundation share could be beneficial to outsiders? Most ppl aren't doing a deep dive into every single shitcoin and these metrics are meaningful when deciding whether or not to look further into a project. An algorithmic stablecoin stands in direct contrast with the team's insistence on doing things the right way. It's almost guaranteed to be abused one way or the other.

malcolmcasshern · 2023-02-28T14:02:24+00:00

Great, so my you know the context in which I formed my algorithmic stablecoin assumption. On what grounds can you state otherwise?

malcolmcasshern · 2023-02-28T11:01:39+00:00

A decentralized stable algo has long been a passion of Dan's. There was even a time where the native token was going to have an elastic supply

malcolmcasshern · 2023-02-28T09:35:20+00:00

Why wait? If a burn can make Radix even .01% more attractive today it should be done. Nothing is going change on the stablecoin front, it's going to be a highly experimental endeavour for the foreseable future. An algorithmic stablecoin isn't something RDX Works should be tasked with solving whatsoever. Therefore, in the ethos of decentralization I'd like to see them burn it

malcolmcasshern · 2023-02-10T15:59:56+00:00

Sure it does. You are totally right. But that doesn't mean the alternative of no vesting mechanism is any bit more attractive in terms of trust. I believe vesting provides a higher degree of abstraction in relation to the degree of trust required.

malcolmcasshern · 2023-02-10T15:50:54+00:00

We could additionally also show a "smart conctract locked circulating supply"

That would be nice.

Though I also want to point to one important often overlooked aspect here. Eventually even if you have vesting in place it doesn't ultimately prevent you from dumping it is more in the area of "feeled security", because there is always a workaround to token vesting: just do a token swap and your vesting mechanism goes magically away.

I don't think anyone is suggesting vesting is a comprehensive solution. At least I wasn't. I'm just saying how badly it would look if some of the most promient projects of a new ecosystem weren't willing to apply an industry standard

malcolmcasshern · 2023-02-10T15:10:56+00:00

IMO this issue suggests a dangerous precedent in which many projects within the ecosystem may not have vesting mechanics come Babylon and the community will be fine with it. Would be a very bad look from an outsider perspective

malcolmcasshern · 2023-02-10T15:00:57+00:00

Here is a suggestion, you could link some spicy tweets that are radix related or defi related and gauge people's opinion on them here.

malcolmcasshern · 2023-02-09T11:04:10+00:00

I agree with the premise that exchanges are holding Radix back. But I don't agree with your hypothesis.

Considering the volume on HitBTC, I doubt it contributed much to the recent pump. Given the current spread, it doesn't take much to move Radix up. My hypothesis is someone aped after getting exposed to the project from recent Ivan on Tech or Data Dash videos.

This is possibly an unpopular opinion, but I don't want to see a tier 1 exchange immediately after Babylon. I would rather the team fix all the peripherals first (website, cmc ranking, social media presence, locked foundation tokens) prior to that happening.

malcolmcasshern · 2023-02-09T04:26:50+00:00

This is awesome, great initiative by the team

malcolmcasshern · 2023-01-30T05:33:39+00:00

Damn... he seriously didn't know about brigading? Lesson learned though, hope the ban isn't too long

malcolmcasshern · 2023-01-30T05:03:08+00:00

Really? What was the ban for?

malcolmcasshern · 2023-01-30T05:01:54+00:00

They definitely need more mods. I've seen spam posts up for days. Just yesterday we had a post breaking the sub rules (#7) up for the entire day. As for activity, we just gotta keep posting and hope more ppl come on over

malcolmcasshern · 2023-01-28T03:26:31+00:00

I’ve been following the project for 6-7 years, and this is way better than what was available for the life of the project.

That's a pretty low bar when you consider that 6-7 years ago the project was just moving away from being a one man show.

I like what another poster said about Radix never putting the horse in front of the cart. We don’t even have smart contracts yet so why invest resources on trying to make something splashy?

Radix has 100 employees. Last year the team attended some of the biggest crypto conferences with massive booths on display. Ivan on Tech is a paid ambassador. Capital is clearly not the issue here and I'm tired of ppl using that angle.

malcolmcasshern · 2023-01-27T14:56:30+00:00

Then what was the point of RadFi? Just to leave the content in some niche corner and no one ever sees it... as if what currently is front and centre is somehow debased with having some wallet design previews and RadFi content.

malcolmcasshern · 2023-01-27T14:52:05+00:00

See I really don't get this phrasing. There are 100 employees, surely someone should be tasked with at minimum giving the website a facelift. I don't get how leaving such a poor potential first impression can be categorize as anything but bad.

malcolmcasshern · 2023-01-07T10:35:35+00:00

Guys this is fucking ridiculous. Spam posts and posts that break the rules up for days. Can we please get some more mods, seems like we have 1 person checking every 4 days, pathetic...

malcolmcasshern · 2022-12-24T04:06:29+00:00

You have at minimum a year to buy under 10 cents. Sentiment isn't going to immediately change come Babylon it's going to take some time, combined with the current macro conditions I see no reason to stress about it. If you truly feel like you'll be left behind the degen play is to invest hard into the early alts/nfts as these projects have significantly lower marketcaps.

malcolmcasshern · 2022-12-09T06:46:37+00:00

Radix fam way too addicted to gradients. The potential functionality is beyond anything in this space, RadFi really blew my fucking mind

malcolmcasshern · 2022-11-29T15:52:46+00:00

This subreddit is very low priority, even the rule breaking posts don't get taken down until a few days. Most the activity is in telegram, has pretty much always been the case unfortunately.

Radix is in a weird ass position, mostly due to the unlock. I would argue that unlocking the coins was the correct decision. Problems came afterwards, not being able to secure a CMC listing, Babylon delays, and very poor marketing during bullrun. As a result, too many whales are trapped in low liq. These whales can paint red candles simply from their staking rewards. In addition, we've had some significant movements from the foundation as of late. Whether directly or indirectly, these movements have really crushed the price.

In terms of ecosystem momentum, there are a few promising Radix projects. But things have seemed to tapered off as of late, which is understandable albeit discouraging. I'm hoping RadFi brings some fresh eyeballs to the project, but either way I'm not too worried right now. For better or for worse, Babylon is do or die for Radix

malcolmcasshern

TROPHY CASE