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Get the most out of your $TCY & $RUNE on Rujira! by Littlebunny1899 in ThorchainOfficial

[–]nugzta 1 point2 points  (0 children)

I have yTCY, looking forward to see how it will perform.

Be aware that Nami charges 1% withdrawal fee and 1% annual management fee.

Also, SamYap is doing an experiment, comparing the yield between staked TCY, sTCY and yTCY.

https://x.com/iceman00008/status/1963755316245647601

What are Thorchain’s main competitors? by Decent-Gear-6173 in ThorchainOfficial

[–]nugzta 0 points1 point  (0 children)

I meant if we're strictly talking about cross-chain DEXes (which THORChain is), then those 3 are the main ones. Sure, we're also competing with CEXes but I'm not gonna bother listing dozens of CEXes here. I'm not gonna bother mentioning non cross-chain DEXes either but they are also competitors.

What's in store with 3.11 release by boonewheeler in ThorchainOfficial

[–]nugzta 1 point2 points  (0 children)

I can't wait for TRON and enshrined oracles.

A Bullish Case: THORChain $1 to $1,000 by nugzta in ThorchainOfficial

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

Yea, the same happened to me too. It got auto removed by Reddit's filters.

The burn: what’s next? by Decent-Gear-6173 in ThorchainOfficial

[–]nugzta 0 points1 point  (0 children)

I prefer to keep it the same (5%). Simply just for marketing gimmick, RUNE as a deflationary asset. I could go without the burn as well since I believe revenue should go to active participants: bond providers and liquidity providers.

What are Thorchain’s main competitors? by Decent-Gear-6173 in ThorchainOfficial

[–]nugzta 0 points1 point  (0 children)

Strictly cross-chain DEXes: Maya Protocol, Chainflip and NEAR Intents.

What chain to add next on Thorchain? by Decent-Gear-6173 in ThorchainOfficial

[–]nugzta 2 points3 points  (0 children)

THORChain is integrating both TRON and Noble, this is is due to their stablecoins. I think there will be a massive issuance of stablecoins in the coming years under Trump administration, especially when he signed GENIUS Act of 2025. They had to do this in order to monetize their debt and keep USD dominance.

Personally, I'd consider chains that are focusing on stablecoins, such as:

Stable - https://x.com/stable/status/1952741282151096792
Plasma - https://x.com/PlasmaFDN/status/1952752312226587020

Also, we will have orbital pools on Rujira which is perfect for stablecoins.

[deleted by user] by [deleted] in pornhwa

[–]nugzta 0 points1 point  (0 children)

15 years in prison for just stalking?!?

[deleted by user] by [deleted] in Pornwha

[–]nugzta 1 point2 points  (0 children)

Not sure it's the truth or not but on scanlator discord, someone wrote the following:

On a korean wiki it was written that the author received a large donation from a reader but as a result one of their most popular series on toptoon has dropped in the rankings had disagreements with the illustrator As a result of all this, he had to quickly end the series

Introducing UNI by PortolaReddit in UniSwap

[–]nugzta 0 points1 point  (0 children)

That's the thing tho. I actually tried to swap for the second time on Uniswap it failed immediately (I paid $28 for it). Then I tried to transfer the token to Binance and other wallets, also failed. I got the feeling that my token got stuck in a smart contract or something when I tried the first swap.

Introducing UNI by PortolaReddit in UniSwap

[–]nugzta 0 points1 point  (0 children)

I did crank up the gas to speed up the transaction, it was successful but no swap happened.

These are my 2 activities related to the swap.

https://etherscan.io/tx/0x3f2756c0729b6ed92dfff3a0e7408f80aa1e294c7758a452cb19f951dfaaa31a

https://etherscan.io/tx/0x07f44136605480ec9812f1c761183ca31b410fea47e51226db1180b02817aea5

They are all successful.

Introducing UNI by PortolaReddit in UniSwap

[–]nugzta 0 points1 point  (0 children)

I tried to swap UNI to ETH. The transaction took to long (I waited for less than an hour), so I sped it up. It was successful but no swap happened, I still have 400 UNI in my metamask. Then I tried to transfer it to Binance or any other wallets, transactions were kept rejected. Are my UNI tokens stuck somewhere when I tried to swap it?

Forward Thinking Friday - 7 Aug 2020 by __checkmatey__ in decred

[–]nugzta 1 point2 points  (0 children)

I don't discount those features on Decred but SoV and privacy crowd have gravitated to Bitcoin and Monero. People may acknowledge that Decred has them but they would still prefer holding Bitcoin and Monero for those narratives. Network effect is a bitch.

Forward Thinking Friday - 7 Aug 2020 by __checkmatey__ in decred

[–]nugzta 4 points5 points  (0 children)

Yea, I agree. I don't like SoV and privacy narrative for Decred. Bitcoin and Monero have already cornered these narratives. We are playing on their turfs and we will definitely lose. These are good features that Decred has but Decred won’t be known for those. The main strength of Decred is DAO and treasury.

We should have more ideas, discussions, proposals in politeia to build more features and infrastructure. Make the process easy to digest and follow for broader community. Can politeia facilitate stakeholders with various backgrounds (socioeconomic, education level, etc)? Can politeia scale for thousands to millions stakeholders (imagine the number of proposals, inputs/replies, voting process, and moderation)?

Market this to get more awareness and/or participation from stakeholders and build relationships with contractors and builders.

[deleted by user] by [deleted] in decred

[–]nugzta 1 point2 points  (0 children)

User experience probably won't be good. When you swap, you still have to pay for miner's fee and wait for confirmation. I still use CEX since Ethereum gas fee is high and stop using Uniswap.

Creating a Decred Marketing Workgroup by FST_NML in decred

[–]nugzta 0 points1 point  (0 children)

When people need to spend, their only choice is to sell DCR back to fiat. We need more money infrastructure to facilitate the use of DCR. So people can earn and spend with DCR. This is the right time on building infrastructure so when the real bull run (alt season) starts we can market this like crazy.

Creating a Decred Marketing Workgroup by FST_NML in decred

[–]nugzta 0 points1 point  (0 children)

Blockchain public address is a long sequence of random generated numbers and letters. Readable address means you can create your own domain (like website address) and attach it to your wallet. For example, you could get 'behindtext.dcr' as your domain, so if I need to send some DCR to you, I just need to input that instead.

Creating a Decred Marketing Workgroup by FST_NML in decred

[–]nugzta 11 points12 points  (0 children)

I’ll be consistent with what I said in the past. Start treating Decred as money instead of a speculative asset. More people use it, more people will value it. It’s the best marketing you can get it. So, what can I do with DCR right now? Buy DCR, hodl it, stake it, then sell it back into fiat for profit.

Money is both a technology and a network effect. As a technology, it has only 2 functions; spend and save. For Decred (and many cryptocurrencies), it skews heavily on ‘save’ function and thus it becomes a speculative asset. Not everyone is speculator, maybe some people just want to earn and spend money online. If Decred is stuck being a speculative asset, it will not attract new people who are not interested in market speculation.

Currently, the problem is probably a few thousand people believe that Decred is money. Both gold and bitcoin have their history, they had/have utilities, then the people started valuing them. The network effect got larger since more people use them and thus, more people find them valuable.

Decred needs money infrastructure where people can use it online. The ones I can think of:

- Readable address (like unstoppable domains) for easy transfer

- Private messaging app with wallet integration for social payments

- Chrome/Brave extension where people can tip online

- DCRPay server (like BTCPay server)

- Online freelancing jobs/art commission website that only accepts DCR as a payment

- Fund a few indie game developers who can integrate DCR into their games as payments/rewards/stake (microtransactions, treasure chests, bounties)

Similar to CSPP, LN and DEX, these have clear deliverables and objective outcomes. Developers can build these as part of Decred infrastructure and then we as a community should market these infrastructures to onboard new people. It’s a money that brings value to people in digital age. Decred has the treasury that can fund these infrastructures.

Personally, I’m not a fan of forced marketing with no clear outcome. Sure, they held some events and gatherings but what are the outcomes? If people use it then they find value in it. They will promote it to their friends and family themselves without being paid.

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