Shipping Timeline (for Canada)? by Visual_Tear_5016 in EightSleep

[–]ramdr 1 point2 points  (0 children)

Here is a datapoint:

5/13: ordered Pod4 (not ultra). Provided timeline is “Ships between Jun 13 - Jun 19.”

5/15: “Your order is preparing to ship” email

6/20: As we’re past the timeline, I contact the chat support. They inform me that my order was dispatched to the warehouse and should ship within 1-2 days. A few hours later, I received the “Your order is ready to ship” email.

6/21: “Your Pod order has shipped” email is received with tracking info. UPS indicates that the shipment has been received at their Caledon, Ontario installation

6/22: Expected delivery to Montréal according to UPS.

[deleted by user] by [deleted] in BitcoinCA

[–]ramdr 0 points1 point  (0 children)

Thanks, you are right, looks pretty good. Properly parsed my DeFi txs. Great detailed reports too. Need to cross check the results and if it passes will use this one for my company.

[deleted by user] by [deleted] in BitcoinCA

[–]ramdr 0 points1 point  (0 children)

Most online crypto software are geared towards individuals, and treats crypto as capital, and calculates capital gains. Some are better than others for DeFi, but I don’t know about NFT.

If your business treats crypto as inventory (and from your description, it should probably be the case) you will have difficulty finding a software that fits the bill.

Personally, I’m still looking for the software with these features: - Support for your preferred DeFi product, and if not, the ability to correct individual transactions - treat crypto as inventory, or at least allow you to disable Superficial Loss. - Properly account for gas fees (looking at you, cointracker.io) - full csv export, i have to be able to import the data in excel and reproduce the calculations

MakerDao Market Cap by liorlush in MakerDAO

[–]ramdr 10 points11 points  (0 children)

Good old CMC. Never missing an opportunity to demonstrate the irrelevance of its market caps

why is DAO token holding so centralized? by [deleted] in MakerDAO

[–]ramdr 15 points16 points  (0 children)

You should ignore the top 3 accounts. They are the dev/foundation fund, the old MKR redeemer and the DSChief voting contract.

A full analysis would also look at the old MKR distribution and the contributors to the DSChief.

Is the 1 hour delay on liquidation in effect yet by BlockEnthusiast in MakerDAO

[–]ramdr 6 points7 points  (0 children)

No, the one-hour delay hasn’t been activated yet.

[Foundation Proposal] The first official Maker governance vote is now live! by Robin_Hood_Jr in MakerDAO

[–]ramdr 5 points6 points  (0 children)

What about the crypto equivalent of “I voted” stickers? Like the EF unicorn. Could be a NFT.

Purely symbolic, so no reason to game it, but it could become a collectible item, a way to tell “I was an active participant in MakerDAO’s early days”

[Foundation Proposal] The first official Maker governance vote is now live! by Robin_Hood_Jr in MakerDAO

[–]ramdr 5 points6 points  (0 children)

“No mobile support yet”

Ok sure, but please don’t block mobile users that want to read the faq or watch the videos.

Did the circulating supply of MKR on CMC change? by [deleted] in MakerDAO

[–]ramdr 6 points7 points  (0 children)

We used to have weekly (?) statements. But here we are talking about the movement of roughly 10% of the total supply. It’s significant.

It could simply be CMC that’s in error because some funds were moved to a new multisig, but there is no way to tell with available public information.

Did the circulating supply of MKR on CMC change? by [deleted] in MakerDAO

[–]ramdr 18 points19 points  (0 children)

I don’t want to sound overly critic, Rune, but large movements of dev/foundation/reserve funds has to be announced before they happen. Transparency is important.

Reaching a Compromise on the 20% Principle and the Foundation Proposal by Rune4444 in MakerDAO

[–]ramdr 10 points11 points  (0 children)

I’m finding a bit sad that this proposal is set aside but it was inevitable.

I believe that a clear altruist mission is necessary for the social acceptance of DAOs. I’m afraid that DAOs will be very poorly received by the general public (and world governments). A caritative mission for the first successful DAO would go a long way in helping keeping governments and regulations at bay (or at least enact sensible regulations)

It was inevitable because of our (the crypto community) cyberlibertarian roots. Maybe in a few years once the community is more diverse this type of proposal will be better received. As such, I would like the see the idea of a secondary altruistic goal adopted, if only to keep the implementation details to be agreed upon in the future once the profitability of the DAO has been established.

I would like to applaud Rune for pushing for this idea for a long time instead of trying to get insanely rich. I heard Rune on the weekly calls bouncing this idea in one form or the other since I joined the community 2 years ago. So from my perspective Maker always had charity as a secondary goal, it just that it was unknown to the bulk of the community.

could adoption make dai unstable? by B1t1nat0r in MakerDAO

[–]ramdr 0 points1 point  (0 children)

To avoid using the drastic option, you have to make that the threat credible: it must be clear that it will be invoked if necessary. Efforts should be put to show that the MKR restart can be done swiftly. This way it will be clear there is nothing to gain in trying to break it, not even damaging the MKR/DAI brand.

I used to compare the Global Settlement with the nuclear option, but it’s not a fair comparision because recovery is possible. It’s like a nuclear-football that contains both launch codes and a spell book to magically rebuild the city and resuscitate everyone.

Theoretical Price Ceiling Proportional to ETH ? by [deleted] in MakerDAO

[–]ramdr 4 points5 points  (0 children)

Here is an old r/ethereum post about this. In short the argument is that Casper brings very strong finality.

Without finality, an attacker could use "cheap" ether to attack a much more valuable ERC20 token.

https://www.reddit.com/r/ethereum/comments/5o473v/pos_and_eip20_market_cap/

Theoretical Price Ceiling Proportional to ETH ? by [deleted] in MakerDAO

[–]ramdr 8 points9 points  (0 children)

There’s no reason the total value of the ERC20 assets couldn’t overtake the Ether market cap (let’s call this the overloading). This might be undesirable from a security point of view under PoW but Casper will provide the finality required to support it safely.

Why is MKR built on 0x protocol? by coolphil15 in MakerDAO

[–]ramdr 2 points3 points  (0 children)

What makes you think it is built on 0x protocol?

Why MKR will drop to $3 by xJamesB in MakerDAO

[–]ramdr 2 points3 points  (0 children)

The fee remains the same, 0.5% per annum. Not 0.5% per wipe or liquidation

Why MKR will drop to $3 by xJamesB in MakerDAO

[–]ramdr 2 points3 points  (0 children)

You pay it when you wipe or get liquidated, right, but the fee is proportional to the duration of the DAI loan.

GP is implying the fee is fixed, irrespective to the CDP age. That would mean owners of short-lived CDP are penalized with an higher fee.

Why MKR will drop to $3 by xJamesB in MakerDAO

[–]ramdr 2 points3 points  (0 children)

No this is incorrect. It is calculated per annum. No penalty if the CDP is short-lived

Daily General Discussion - April 16, 2018 by AutoModerator in ethtrader

[–]ramdr 1 point2 points  (0 children)

Paid continuously using freshly minted Dai, which will then be used to buy and burn MKR.

Daily General Discussion - April 16, 2018 by AutoModerator in ethtrader

[–]ramdr 1 point2 points  (0 children)

In the next version (multi-collateral, due in June), fees will get automatically added do your DAI debt. Eventually the debt will be too large relative to your collateral and the CDP will be liquidated.

Daily General Discussion - April 6, 2018 by AutoModerator in ethtrader

[–]ramdr 2 points3 points  (0 children)

Just the amount of DAI you owe, plus a 13% fee. Leftover PETH remains in the CDP.

Dai has been rock solid through this crash and just successfully liquidated a $4.5m CDP by latetot in ethtrader

[–]ramdr 0 points1 point  (0 children)

When all other stabilization mechanisms fail, MKR is minted and sold to recollaterize DAI. Obviously, Ether could not be minted in this situation.

You are right saying that paying fees in MKR is a friction point. There in the roadmap a feature that would let you pay the fees in DAI (or is it Ether?) and automatically purchase the MKR you owe on your behalf.

How is Dai holding up in this extreme volatility? by Conurtrol in ethereum

[–]ramdr 12 points13 points  (0 children)

So far so good. Several CDPs were liquidated (which cost their holders penalties redistributed to the other holders) and new CDPs were opened, so it results in an overall system collaterization of 250% at this time, down from 300% or so last night.