Red Panda Patronus 🏳️‍🌈 ₳

Medical Spanish Interpreter by day 🇪🇸, #CNFT collector and amateur dev by night 🖥 |@midjourney pfp | @victormendeznft banner | redpandapatronus#0420

[Book.io @book_io]

Minting today on #Cardano at 3PM EST.

“It's crucial to highlight that this does not imply religious endorsement. Instead, it signifies our faith in the significance of knowledge and the value of having access to a diverse range of literature,” added Joshua Stone, CEO of https://t.co/VZIR3TUZKP. (@joshualeestone)

Full press release: https://t.co/CZ7IkXtmOs

[Red Panda Patronus 🏳️‍🌈 ₳ @0xRpp]

@YummiUniverse 🔥 ❤️‍🔥

[Yummi Universe @YummiUniverse]

💚 BEHOLD! The awesome power of Minimu!

💢This grumpy grass type is sure to be an amazing addition in any team!

#NFT $YUMMI #YummiUniverse

[Yummi Universe @YummiUniverse]

👁️ Feel the psychic power of PINK!

🔮 Introducing one of our Psychic Move cards!

⚔️ In the Yummi Universe TCG, use move cards to bolster your attack & adapt your strategy!

#NFT #TCG #DigitalTradingCards

[Yummi Universe @YummiUniverse]

🔧 Current Development Status:

• Playable Card Core gameplay 80% COMPLETE
• Visuals & further development to be funded from pack sale
• Discord Game demo video coming soon
• Discord Manager Dan has left to fulfil his dream of working with planes!
• Monster Dex Updates!

[Yummi Universe @YummiUniverse]

💙 Yummi Universe TCG Update!

• Card Pack Supply: 10,000
• 100+ unique cards with rarity tiers
• Whitelist for holders of Naru PFPs
• Medium Article coming soon
• Perks & Bonuses offered to holders of PFPs & will remain the backbone of our ecosystem

#NFT #CNFT #Cardano

[Book.io @book_io]

Wanting to get into the #OGBookClub but trying to save that $ADA?

Another Gutenberg giveaway!

To enter: Like, Follow, RT, and have an awesome weekend.

[Coinbase 🛡️ @coinbase]

The numbers don't lie.

[Red Panda Patronus 🏳️‍🌈 ₳ @0xRpp]

@book_io ⚖️

[Soren Iverson @soren_iverson]

United feature to "duel" people for their seat

[₳ndrew @notSamWukong]

Hi @costco

It would be amazing to be able to pick up a copy of a book in your stores from a kiosk.

Curious if the revenue per square inch on these are worth looking at.

From the experienced, explosive growth startup company at @book_io

Examples:

[Red Panda Patronus 🏳️‍🌈 ₳ @0xRpp]

@book_io @mcuban I’m grateful for supportive family and friends, and getting the opportunity to connect with new people every day

[Book.io @book_io]

2 Days until the big @mcuban mint & we're feeling grateful about our awesome https://t.co/VZIR3TUZKP community. Let's give away a Gutenberg, the first book to come off the minting press!

Enter to win:
Like, RT, follow, & tell us what you're grateful for.

#Cardano #Ethereum #Polygon #Algorand #OGBookClub

[Red Panda Patronus 🏳️‍🌈 ₳ @0xRpp]

@tradernoel @jpgstoreNFT Opensea also has an app that’s only for viewing and notifications.

[Red Panda Patronus 🏳️‍🌈 ₳ @0xRpp]

@rickmccracken Great brand! I use them for all of my gluten free flours and oats, but never tried the Muesli. I’ll have to try it soon!

[Minswap Labs @MinswapDEX]

Yesterday was a record breaking day for both Minswap DEX and Cardano ! 🤠

✅ Minswap had ATH Daily Volume at 30.30mn $ADA/12.54mn $USD
✅ Cardano became the top 9th chain in terms of DEX Volume
✅ Minswap had 87.24% of Volume among all Cardano DEXs
✅ Minswap in the top 17th DEX across all chains.

Historical day for #Cardano DeFi, it's only the beginning 😉

[Dr. Shweta 🦅 @Dr_shwetaPHD]

✅The spike could also indicate whales' belief in the long-term potential of #Cardano, as they position themselves for future growth based on Cardano's scientific philosophy and secure blockchain.

📌Source: https://t.co/1ABuNU6aWq

[Patrick Tobler @Padierfind]

ℹ️Cardano SPO Pollℹ️

So the @Cardano SPO Poll is currently happening, and here's why you should pay close attention:

--

1. The SPO poll is a test run for actual SPO voting for future governance events. Its a precedent for what Cardano governance could become

2. The poll is about changing two of the most critical parameters in Cardano.

Let's take a look at these two parameters:

--

🪨 The k parameter: This parameter defines the optimal number of Stakepools on the network by setting a soft cap on the pool size.

This parameter is currently set to k=500, meaning that the Cardano Network would be run by 500 Stake Pools in an ideal world.

➕ Increasing the k-parameter, in theory, increases decentralization because it encourages more & smaller pools.

The current maximum ADA a stake pool can have is 64 million, so if we were to increase this parameter to 1000, the maximum ADA per pool would decrease to 32 million.

This means Stake Pool Operators with large pools would make less ADA in revenue, while new opportunities for smaller pools arise.

Sounds like a no-brainer, right? Increase k -> more decentralization.

➖ Not quite. A valid point against increasing k is that it would lead to a larger network, which would lead for slower block propagation between stake pools, which could make it less resilient.

🙋‍♂️ In my personal opinion we should absolutely increase k and force larger pools to lose some of their delegation, creating more opportunities for smaller stake pools and making sure that the network becomes as decentralized as possible.

--

💰 The minPool Cost: This parameter defines how much ADA per Epoch the pool will take as a minimum fee.

This parameter is currently set to a minimum fee of 340 ADA.

➕ In short: The higher this parameter is the more it mathematically hurts pools with little delegation.

Why? Small pools will maybe produce 1 or 2 blocks every epoch. This leads to a certain amount of ADA "earned" by this pool.

Let's say for arguments sake

1 Block = 1000 ADA

If the pool then is forced to take 340 Minimum ADA fee, this equals up to the pool taking 34% of the total rewards.

While on the other hand larger pools that might produce 10 blocks in 1 epoch will "earn"

10 Blocks = 10 000 ADA

So there the 340 MinADA will only be 3.4% of the total fees while the rest would go to the delegators.

66% for delegators on a small pool

vs
96.6% for delegators on a large pool

This means that small pools rewards are not competitive and incentivises users to delegate to larger pools.

➖ The negative part to decreasing the Minimum ADA fee is a possible race to the bottom, where pools might even operate at a loss.

🙋‍♂️ Again, I'd heavily argue for decreasing the Minimum ADA fee to make smaller pools more competitive with large existing pools.

--

Before we take a look at the actual poll, here are three resources you should definitely take a look at:

1. The current status of the poll on @cardanoscanio: https://t.co/0zy85YFiLH

2. @InputOutputHK official blog post about the Pro's and Con's of changing the parameters: https://t.co/K6ueFR4aLD

3. This informative video by @armyofspies: https://t.co/eJYY64kEYk

--

For the current status of the poll I'll write more into the Thread of this tweet.

[Moritz Kremb @moritzkremb]

Forward these 12 ChatGPT prompts to your MARKETING department.

(They'll love you for it)

[Book.io @book_io]

We've met a lot of new friends at #VeeCon interested in what we do.

It all started with the Gutenberg Bible Mint, so here's your chance to win one.

To win: like, RT, and follow @book_io and @garyvee.

@Veecon #VeeCon2023 #OGBookClub #Algorand #Cardano #Ethereum #Polygon