@HarmonyProtocol Validator π Recovery Custodian - Community Tx DAO - Validator DAO π€ Supporting the Community, Developers and Projects on Harmony. πͺ #DYOR
π¨ Crypto Safety 101 π¨
Navigating the crypto world can be thrilling, but it's riddled with pitfalls like pump-and-dump schemes, meme coin scams as well as many other types of scams.
Here's how to stay safe and avoid falling for scams:
π» Do Your Own Research (DYOR): Never invest based on hype alone. Look into the project's team, roadmap, and community. Check for legitimacy on reputable sources.
π Research Thoroughly: Never invest in a coin without understanding its fundamentals. Check whitepapers, team background, and project viability.
π· Community Checks: Engage with the project's community. Genuine projects have active, knowledgeable communities. Look for signs of bot activity or lack of engagement as warnings.
π€ Community Engagement: Join legitimate communities. If a project's community seems too aggressive or pushy, it might be part of a scheme.
π Beware of Hype: If a coin is being heavily promoted on social media with promises of quick gains, it's a red flag. Pump-and-dump schemes rely on creating FOMO.
π Pump and Dump Alert: Be skeptical of sudden price spikes, especially on lesser-known tokens. These could be orchestrated by groups to inflate and then crash the price. Avoid buying into hype without understanding the fundamentals.
π Chart Analysis: Look for unnatural price spikes without corresponding news or developments. These could signal a coordinated pump.
π° Stay Informed: Follow trusted crypto news sources and security experts. Education is your best defense.
πͺ Stick to Established Coins: While exploring new tokens can be exciting, sticking to well-known cryptocurrencies like Bitcoin, Ethereum and Harmony reduces your risk of encountering a scam.
π«° Risk and Reward: If you choose to invest in smaller, less known tokens, it is best to only invest a small portion of your portfolio. High reward tokens also usually come with high risk.
π€ Beware of Unsolicited Offers: If someone you don't know promises you big returns or sends you unsolicited messages, it's likely a scam. Ignore and move on.
π Avoid Suspicious Links: Don't click on links from unknown sources, especially those promising free tokens or airdrops. Scammers use these to steal your wallet info. Verify links before clicking on them.
π Secure Your Wallets: Use hardware wallets for large sums, and never share your private keys or seed phrases. If you're asked to input them on a website or through a message, it's a red flag.
π’ Report Suspicious Activity: If something feels off, report it. Protecting others might save them from a scam too.
Stay vigilant, do your own research, and remember, if an investment opportunity sounds too good to be true, it probably is. Keep your crypto safe and your investments smart!
#CryptoSafety #AvoidScams #CryptoTips
Let's keep our crypto journey secure and scam-free! π
I've broken this down to its core and I choose Red.
You would think this is selfish but it's not. Let me explain why..
Theoretically you would want 100% to survive, but realistically 100% will never choose the same button unless you can coordinate with each other, unlikely.
The next best situation to be selfless is that the most people survive, even if you aren't one of them, but this is where concept and reality separate, let me explain.
Lets still remember the most important thing is that the most people survive.
If you choose blue and most people choose red, you die but the majority will survive, but if you choose red and most people choose blue everyone survives, including you.
On the other hand if most people choose red and you choose red, then the most people survive, including you, and only the minority who chose blue will not survive, leaving the only clear answer to be Red.
Someone please confirm the details if you have knowledge of the events, but didn't @Aave community deny several proposals from @harmonyprotocol community for partial repayment of funds, funded by Harmony community? Did they offer any of their own funds or just want us to foot the entire bill?
@EasyNode@harmonyprotocol We once had the biggest crypto game and the best community in crypto, hands down. Oh how we have fallen so far from grace.. Now the team barely communicates with us and fixing governance without their help has been extremely challenging. I really do miss the old days.
I've posted a statement on talk forum regarding the RMC and the recovery process of Harmony, which involves our recovery partner @recoveryonefdn
It will explain everything in detail for those interested in reading it.
https://t.co/yfC6LwidNT
Hopefully the recovery process will continue from here, until we can vote again on chain.
What is,
#decentralizedintelligence X-spaces
Sunday August 24, 2024
All Things DeFi =
Mining, Building, DAOs, Start-ups, Tokenomics, Marketing, #NFTs, Q&A
Special Guest = @theoperisic & #RMC
@RECOVERYonONE
Continues π
OPEN MIC π€ w/
@Tenacious_DeFi
π https://t.co/9lGuULjxyp
What if a blockchain could run⦠forever?
Not from hype or grants, but from self-sustaining yield.
DeFi mechanics, like BTC hedging, might one day make that possible π§΅
Hello @harmonyprotocol validators.
A vote started over the weekend in telegram validator chat.
Please go vote, we encourage you to vote for 2b!
Keep voting as outlined in the vdao charter & as the original site did for voting that made harmony great
Don't agree? Move to vote!
@recoveryonefdn Here are our terms to continue recovery, involving integrity of the recovery process, as posted by Theo P. of the Harmony team.
https://t.co/qgke02Ti4q