Richtbh

On the ADA train and the House of Titans rocket ship

[Richtbh @DickyBurrows]

@IOHK_Charles

[Holger - Guarding our Vision! @HolgerCardano24]

Okay, it has been over 24 hours now.

No sign of @IOHK_Charles responding to this or to your retweets (at least none that I am aware of).

I think what MAY be the case is that most of you just retweeted it (and I would like to say thank you for that!).

Since Charles blocked me, it may be that he does not see the retweeted post because he blocked me.

So let's give him the benefit of the doubt and assume that he did not see it.

Let's give it another try - just to make sure.

This would be try #4. I am trying to invite him to a constructive conversation, not only to remove the bad tensions, but especially to brainstorm about and improve the future of #Cardano.

PLEASE, be so kind once again... and try to help me make sure that my post (below) reaches him.

This time:
1. Click on the post below👇
2. Choose QUOTE (instead of repost)
3. Then just write: @IOHK_Charles
4. Send

Thank you so much! Let's make this happen.

[#sergentpow3lls @Pow3lls]

The Titan thesis is simple

When BTC and IAG rises, Titan benefits.
When ATLAS launches Mainnet and Titan benefits

One ecosystem
Multiple growth engines

The question isn’t whether Titan has catalysts.

The question is whether the market has priced them in yet. 👀

@Titans_Depin

[rev @REVcustom]

@wayupio can we please get the upgraded art for @HouseOfTitans_ pfp collection?

[⛏️Dr. Navjit Dhaliwal @NaVi_GaT0R]

Charles, when every critic becomes a villain, the pattern is not everyone else. The pattern is you.

You just listed Optim, Iagon, Cardano Whale, Dave, Rick, Adam and others like this is an "inventory." It is not an inventory. It is a list of people in this ecosystem who have questioned you, disagreed with you, did something you didn't like, challenged IOG, challenged a narrative or refused to act like Cardano governance exists only to ratify what you want.

And instead of reflecting on why so many serious people keep ending up on the other side of your megaphone, you reach for the same playbook every time

- Dismiss the substance.
- Attack the person.
- Recast yourself as the victim.
- Then tell everyone else to "grow up."

So let's take the Iagon part of your "inventory," since you brought us into it. You say Iagon "started bullying and harassing" Midnight ambassadors. That is a convenient story, but it is not what happened.

I as a dRep asked a governance question, NOT Iagon.
A dRep asked whether people with roles connected to Midnight or IOG linked interests, who also held meaningful dRep voting power, should abstain on IOG related treasury proposals. That is governance.

That is literally what dReps are supposed to do - ask hard questions, examine conflicts, protect treasury neutrality and represent the $ADA holders who delegated voting power to them. If a person is participating in governance with delegated $ADA while also holding a role connected to a project or organization affected by that vote, asking about conflicts is not an attack. It is accountability.

And let's be very clear - ambassadors are not above scrutiny. dReps are not above scrutiny. Iagon is not above scrutiny. IOG is not above scrutiny. Midnight is not above scrutiny. You are not above scrutiny.

This is supposed to be decentralized governance, not a court where certain people get protected status because they are useful to Charles Hoskinson.

The moment a person participates in public governance with public voting power, the public is allowed to ask public questions. You did not answer the conflict question. You reframed it as "bullying" - ironically this is exactly what you have been doing in this ecosystem.

Then you escalated it into an attack on Iagon, my leadership and the holders.

You used your platform to tell the market you had "no more time" for the project unless leadership changed. You warned that Iagon could fail and destroy value for token holders. You called into question the ethics and integrity my leadership. You accused us of acting out of spite rather than engaging with the actual governance concern.

And then, after the damage was done, you turned around and said people are "playing the victim." That is not leadership. That is deflection.

You cannot threaten a Cardano native project, watch real holders suffer, then accuse the people objecting to the threat of being childish.

You cannot say you care about token holders while dismissing "your token holders" when those holders happen to be in a project that challenged you.

There are no "Iagon holders" over there and "Cardano holders" over here. $IAG holders are $ADA holders.

They are stake pool operators.
They are voters.
They are dReps.
They are builders.
They are community members.
They are families.
They are the same ecosystem you claim to defend.

When you attack a Cardano project, you are not attacking some foreign body. You are attacking people inside Cardano. That is the part you keep avoiding.

You talk about ambassadors being bullied. Fine. I will say this clearly - I do not condone harassment of any ambassador, volunteer, dRep, builder, SPO or community member. Anyone who crosses into personal abuse should stop.

But do not use "protecting ambassadors" as a shield to make governance questions untouchable. Do not use volunteers as human armor around treasury proposals.
Do not say "decentralized governance" when the rule is really - vote,but do not question my side - ask question but not about my people - participate but only if you accept the consequences of my platform turning on you.

That is not governance.

That is intimidation. And since we are talking about red lines, where were those red lines when Iagon was being called a scam? Where were those red lines when IOG aligned voices and consultants were smearing Iagon publicly?

Where were those red lines when defamatory claims, racial slurs and personal attacks were being thrown at builders who have spent years building on Cardano?

Where was the concern for "bullying" then?

The standard cannot be:

When your side attacks, it is criticism.
When others ask questions, it is harassment.
When you escalate, it is leadership.
When people respond, they are victims.
When you use a 1M+ follower account, it is accountability.
When a dRep asks about conflicts, it is a mob.

That double standard is exactly why people are speaking up. You say people "lash out, get hit hard and then play the victim."

No.

People ask legitimate questions. You hit hard. Then you call their injuries proof that they were wrong to ask. That is the pattern.

A dRep raises a conflict of interest concern. You call it bullying. A project CEO disagrees with IOG proposals.
You call it spite. A community member challenges your narrative. You diagnose them, mock them, block them or write them off. Then, when people notice the pattern, you call them children.

Charles, the lack of self-reflection here is breathtaking.

At some point, when the same story keeps happening with different people, different projects, different dReps, different critics,and different cycles, maybe the common denominator is not that everyone else is irrational.

Maybe the common denominator is that you treat disagreement as disloyalty.

Maybe the common denominator is that you confuse criticism with attack.

Maybe the common denominator is that you cannot separate Cardano from yourself. That is dangerous in a decentralized ecosystem. Because Cardano does not belong to you.

It does not belong to IOG.
It does not belong to Iagon.
It does not belong to Midnight.
It does not belong to any ambassador group, any DRep bloc, any founder, any company or any whale.

It belongs to the $ADA holders and the people building, maintaining, securing, voting, delegating, questioning and participating in it.

And if those people cannot ask whether conflicts exist without being threatened, mocked, financially harmed or publicly targeted, then governance is not free.

You said "grow up kids." Here is the adult version:

Answer the question. Should dReps with roles, incentives, payments, affiliations or obligations connected to an organization seeking treasury funds disclose those overlaps and consider abstaining?
Yes or no?

That was the issue.

Not your ego.
Not my tone.
Not Iagon’s existence.
Not whether Midnight ambassadors are good people.
Not whether Charles feels attacked.
Not whether people should be afraid to ask next time.

The question was about conflict, disclosure and treasury integrity. If there is no conflict, explain why.
If there is a conflict, disclose it. If abstention is not necessary, make the case. If the Constitution already provides the standard, apply it equally. But do not turn a governance question into a loyalty test.

Do not demand apologies for asking what every serious governance system must be willing to ask.

Do not pretend you are defending decentralization while using centralized influence to punish dissent.

And do not tell people to "grow up" while threatening to burn projects down.

The Cardano community should be able to disagree without fear. dReps should be able to vote NO without being branded enemies. Builders should be able to compete without being targeted. Token holders should not become collateral damage in personality conflicts.

Ambassadors should be respected, yes. But they should not be used to make legitimate governance scrutiny off limits.

So yes, let's take inventory.

Who asked a governance question?
Who answered with escalation?
Who raised a possible conflict?
Who turned it into a campaign against a project?
Who claims to care about token holders?
Who publicly attacked leadership of a project whose holders are also Cardano community members?
Who says others play the victim?
Who keeps casting himself as the victim whenever accountability arrives?

That is the pattern people are seeing. And no amount of "grow up kids" changes it.

Iagon will continue building. I will continue voting my conscience as a dRep. I will continue asking questions when treasury neutrality, conflicts of interest and governance integrity are at stake.

If I am wrong, answer with facts. If you disagree, make the argument. But threats, mockery, blocks and public intimidation are not arguments. They are the behavior of someone who wants decentralized governance only until it decentralizes power away from him.

Cardano deserves better than that.

[Richtbh @DickyBurrows]

Just in time for payday before my Mortgage payment comes out 🤔

Well played Atlas, well played

[ATLAS | Stablecoin Perps DEX @ATLAS_DEFI_]

ATLAS ROUND 2

Following the successful public testnet launch, Atlas Round 2 is officially scheduled for:

* May 28th
* 4 PM UTC
* 24 Hours Only

Structure

• First-come, first-served
• ~1.5M ADA target

Round 2 Incentives

Round 2 participants will receive access to multiple incentives, including an allocation in our upcoming points program.

More details soon 👀

Final pricing, token allocation, and full incentive details will be released 48 hours prior to the public sale.

Purpose of Round 2

Round 2 is focused on:

• funding mainnet launch
• expanding protocol liquidity
• preparing for real trading volume and user growth

A key part of this round:

→ ~15–20% of raised funds will be allocated directly toward liquidity provisioning to strengthen market depth and stability.

Perps szn is here.

[Holger - Guarding our Vision! @HolgerCardano24]

A note to the Cardano community. This one is not about IO's proposals. It is about a pattern - and why it matters for every person in this ecosystem, not just me.

First, a fact:

Charles Hoskinson has blocked me on X.

I can handle that and still see his posts about me. But I cannot reply to them. He can address me, characterise me, and dismiss me in front of his audience - in a venue where I am structurally unable to respond.

Hold that thought. We will come back to it.

There is a well-documented behavioural pattern called DARVO.

It stands for: Deny, Attack, Reverse Victim and Offender.

It was named by researcher Jennifer Freyd to describe how people in positions of power respond when they are held accountable. It is not a personality diagnosis. It is a description of a sequence of actions. Anyone can do it. The question is only ever: do the actions fit the pattern?

Here is the pattern, step by step, against the public record.

DENY.

A DRep (@NaVi_GaT0R) raised a legitimate governance question: should DReps with paid IO-linked roles abstain on IO's treasury proposals due to conflict of interest?

Instead of engaging the question, it was denied as illegitimate - reframed as "bullying ambassadors," "spite," "objectively wrong." The substance was never answered. It was disqualified.

ATTACK.

What followed was not a rebuttal. It was a campaign.

Public posts to a 1M+ follower account. IO employees and IO-aligned contractors amplifying. Within 24 hours, IAG was down 32%. Real holders - who are also ADA holders - lost real money.

The person who asked the question was attacked. The question still went unanswered.

REVERSE VICTIM AND OFFENDER.

This is the core of DARVO, and the most important part to understand.

The person who raised a question becomes recast as the aggressor. The most powerful party in the dispute becomes recast as the victim defending the vulnerable.

Watch it happen:

- A DRep asks a question → he is called a bully.
- The largest stakeholder in the ecosystem → becomes the defender of "his ambassadors."
- A governance process working as designed → becomes an "attack" that must be punished.

The offender and the victim are swapped. The audience is handed a story in which scrutiny is aggression and the powerful party is the wronged one.

Now back to the block.

I have been blocked. He can post about me; I cannot answer. When someone said I was "obsessed with Charles," his reply was not an argument. It was: "He's got CDS. It's incurable. We have to just let him go."

For anyone unfamiliar with the term, look at what "CDS" literally means.

CDS - Cognitive Dysfunction Syndrome - is a veterinary diagnosis. It is the medical term for age-related dementia in dogs and cats: irreversible brain deterioration, disorientation, the decline of an animal's mind. It is the condition a vet identifies when a pet's brain is failing and will not recover.

That is the term that was applied to me - a human being, a sitting DRep - alongside the words "incurable" and "we have to just let him go."

Put plainly: a person raising sourced governance concerns was described in the language a veterinarian uses for a deteriorating animal that the owner should put down.

You do not have to take my word for what that is. Read the words themselves and decide what kind of statement it is, and what kind of person makes it about someone who asked a question.

And notice what the insult does not contain. Not one fact disputed. Not one source challenged. Not one link rebutted. The "diagnosis" exists precisely so that none of that is necessary - if the questioner is sick, the questions never have to be answered.

For a community that values reasoned governance, that should be the opposite of persuasive. When someone meets sourced concerns with a fake diagnosis instead of a counter-argument, it usually means there is no counter-argument - only a need to make the questioner go away.

That is the pattern completing itself in real time: deny the substance, attack the person, reverse the roles, and now - silence the channel so the person cannot respond at all.

Why this matters for you, even if you have never heard of me or Iagon:

This is no longer about one project or one DRep. It is about the operating rule it establishes.

If raising a governance question gets you publicly attacked, financially damaged, recast as the villain, and then silenced - then every project, every DRep, every ambassador watching learns the same lesson: do not ask. Do not vote against the slate. Do not exercise the rights the Constitution gave you.

A governance system only works if people can use it without being destroyed for using it.

I am not asking you to agree with my vote. I am not asking you to dislike anyone. I am asking you to look at the sequence - deny, attack, reverse, silence - and decide for yourself whether it is healthy for a network that calls itself decentralised.

I will keep voting my conscience as a DRep. That is the job. I will keep sourcing every claim I make. And I will not stop raising questions because the answer to a question was an insult.

Cardano does not belong to any one person. It belongs to all of us.

That is worth guarding.✅🦾❤️

[Pete | Beware of Scammers @astroboysoup]

1 design choice matters more than the leverage headlines: liquidity.

Cardano doesn't need five flashy perp apps fighting over thin stablecoin depth. It needs products that make collateral more useful across DeFi.

That's why Atlas is worth watching.

If a unified stablecoin model reduces fragmentation, it could matter more than another round of trader marketing.

Does @ATLAS_DEFI_ have the sharper thesis?

*Not a paid promotion

[Richtbh @DickyBurrows]

Brilliant stuff. A real clean interface and easy to navigate. Time to get some longs in 📈📈📈

[ATLAS | Stablecoin Perps DEX @ATLAS_DEFI_]

ATLAS PUBLIC TESTNET IS NOW LIVE

Trade BTC, ETH, ADA, XRP & SNEK with leverage on Cardano’s fully on-chain perpetuals exchange.

🔹 Stress test the platform
🔹 Compete on the leaderboard for rewards
🔹 Share content and earn rewards
🔹 Help shape Atlas before mainnet
🔹 Test vault deposits & withdrawals
🔹 Stake and burn $ATLAS to experience the system mechanics

Start trading:
https://t.co/Nu4l9uQGIZ

Landing page:
https://t.co/QYwX35soLI

Docs:
https://t.co/gsva1bRbx8

Perps szn starts now.

[ATLAS | Stablecoin Perps DEX @ATLAS_DEFI_]

ATLAS PUBLIC TESTNET IS NOW LIVE

Trade BTC, ETH, ADA, XRP & SNEK with leverage on Cardano’s fully on-chain perpetuals exchange.

🔹 Stress test the platform
🔹 Compete on the leaderboard for rewards
🔹 Share content and earn rewards
🔹 Help shape Atlas before mainnet
🔹 Test vault deposits & withdrawals
🔹 Stake and burn $ATLAS to experience the system mechanics

Start trading:
https://t.co/Nu4l9uQGIZ

Landing page:
https://t.co/QYwX35soLI

Docs:
https://t.co/gsva1bRbx8

Perps szn starts now.

[Perps on Cardano @perpsoncardano]

$STRIKE just broke above 3 ADA 👀

One of the strongest charts on Cardano right now?

#Cardano #CardanoPerps

[Holdotoshi @holdotoshi]

Cardano has billions in ADA liquidity, but only around $46M in stablecoins.

That’s what makes @ATLAS_DEFI_ model very interesting.

Instead of fragmented liquidity pools, Atlas is building around unified stablecoin vaults using assets like $USDM, $USDA, and $USDCx to power multiple perp markets at once.

If trading activity grows, stablecoin demand across Cardano will grow with it 🚀

#Cardano #CardanoDeFi $ATLAS

[neo @neophyte_ada]

🚀 Atlas 🟰 the true Cardano-native perps DEX.
Every trade runs fully on-chain via smart contracts. Zero separate layers. Zero off-chain execution.
Atlas grows ➡️ Cardano grows. 🌱Real activity, on-chain volume, and treasury value. ♻️
This is Cardano-native perps done right. And with Pyth Pro live on Cardano, everyone gets low-latency, institutional-grade price feeds ready for perpetuals and beyond.
What’s your first trade on Atlas? 👀 @ATLAS_DEFI_

[Holdotoshi @holdotoshi]

I’m bullish on @ATLAS_DEFI_ on Cardano because their projected model is genuinely similar to Hyperliquid.

$HYPE market cap: ~$10.78B
$ATLAS market cap: ~$196K

That’s roughly a 55,000x difference.

Meaning a $200 investment at Hyperliquid-sized valuations would theoretically become over $ 11M.

Not saying Atlas reaches those numbers.

But the asymmetry is insane if they execute.

Atlas is building:
- unified liquidity vaults
- USDM / USDA / USDCx collateral
- up to 50x leverage
- revenue sharing through $ATLAS staking
- support for both major crypto assets and native Cardano markets

And honestly, I still believe Cardano is the most secure blockchain in crypto.

If Leios delivers the scalability improvements people expect without sacrificing decentralization/security, Cardano could seriously explode in the DeFi sector over the next few years.

Feels like very few people are paying attention this early.

#Cardano #CardanoDeFi #CardanoPerps

[ATLAS | Stablecoin Perps DEX @ATLAS_DEFI_]

ONE VAULT TO POWER THEM ALL

Atlas uses a unified stablecoin liquidity vault.

Instead of fragmenting liquidity across separate pools for each asset, all liquidity is combined into a single shared vault that powers the entire platform.

This means Atlas can support perps for:

$BTC $ADA $ETH $XRP

But also Cardano native assets like:

$SNEK $IAG $WMTX and more over time.

Most platforms require separate liquidity pools for every new market.

Atlas does not.

The same unified liquidity engine can support multiple markets simultaneously, creating:

• Deeper liquidity
• Better capital efficiency
• Easier scaling
• Lower LP volatility
• Stronger long-term scalability

Example:
Launching SNEK perps on most platforms would require building an entirely separate SNEK liquidity pool.

On Atlas, SNEK can simply tap into the same vault already powering BTC, ADA, and other markets.
That is the power of unified liquidity.

“One vault powering perpetual markets across Cardano and beyond.”

[Richtbh @DickyBurrows]

@ATLAS_DEFI_

[ATLAS | Stablecoin Perps DEX @ATLAS_DEFI_]

Good afternoon,

It’s been incredible watching the price action of $ATLAS.

We have become the first token on Cardano in over a year to launch and trade above its initial price, and that’s no coincidence. We are bringing real excitement back to the ecosystem, and this is just the beginning.

Today, we’re announcing a major step forward.

Atlas has officially acquired @hydroxcardano, including its technology and infrastructure, and we are bringing its creator on board as our new ATLAS CTO.

HydroX has been building a Perpetuals DEX focused on stablecoin collateral, enabling users to trade BTC, ADA, ETH, SOL, XRP, and more — all without leaving the Cardano ecosystem. Combining stablecoin-based collateral, leverage trading, and a CEX-level user experience, while remaining fully decentralized.

Please join us in welcoming @vataops to the team — excited to have him leading development going forward!

👉https://t.co/Ax7tjAN3zJ

PERPS DEX 🫡

With this, Atlas is moving decisively into building a Perpetuals DEX centered around stablecoin collateral — a high-volume, high-revenue vertical.

Perpetual futures are one of the largest and most profitable sectors in crypto. They drive consistent trading activity, generate significant fees, and sit at the core of many of the top-performing protocols in the industry.

By moving into perps, Atlas is positioning itself directly at the center of:

* trading volume
* fee generation
* sustainable protocol revenue

This is a deliberate move into a proven, high-demand market with clear monetisation from day one.

We are not starting from scratch. HydroX has already been building this for some time, which gives us a significant head start. We are stepping in with a strong foundation, proven technology, and now in-house development leadership allowing us to move faster and execute with far greater efficiency.

We are taking a business-first approach focused on maximizing revenue, which is why this vertical is the priority.

As a result, the perps aggregator is being deprioritized, and yield trading is paused while we focus on execution here.

An updated development roadmap will be released later this week.

TESTNET is targeted in ~2 months.

The ticker is $ATLAS

[House Of Titans @Titans_Depin]

Most people chase pumps.

We build passive income.

$TITAN and our NFTS are backed by real revenue streams from mining and infrastructure.

Assets that pay you back > speculation.

[ATLAS | Stablecoin Perps DEX @ATLAS_DEFI_]

Months of building.
Late nights.
Real development.

Now it’s time.
$ATLAS Presale

• Max Raise: ₳3M
• Price: ₳0.167
• Supply: 18M $ATLAS

📅 March 10, 20:00 UTC — March 14, 20:00 UTC
⏱ First-come, first-served. Once it fills, the sale closes.

Atlas is building,
• Perps Aggregator
• Yield Trading Markets
• Future DeFi verticals.

Built for Cardano → Midnight → Cross-chain.

Similar protocols on other chains have raised tens of millions.

Now it’s Cardano & Midnight's turn to show up.

If we succeed in this market, imagine the upside when conditions improve.

See you at launch.

[ATLAS | Stablecoin Perps DEX @ATLAS_DEFI_]

4⃣Atlas is a major step toward institutional-grade derivatives on Cardano.

Atlas doesn’t compete with perps exchanges — it connects them.

Traders get the best execution, perps platforms get more volume, and $ATLAS holders benefit from the revenue generated by that activity.

Register for early access ↓

https://t.co/fYxb44FCj5

[ATLAS | Stablecoin Perps DEX @ATLAS_DEFI_]

3⃣How It Benefits Perps Users

Atlas aggregates liquidity across venues and routes orders intelligently — so traders aren’t limited to a single order book.

That means:

-Best available pricing

-Deeper combined liquidity

-Lower slippage

-One unified trading interface

-Simpler risk management

In short:

-Less friction

-Better fills

-More capital-efficient trading

Users don’t need to care which venue is optimal.
Atlas handles the routing — they get the best available outcome.