Crypto Ronin ❤️ Memecoin

[Poopman (💩🧱✨) @poopmandefi]

Recently, @PlutusDAO_io has proposed "ARB staking" to improve the utility of $ARB.

~ 90% of voters have voted Yes ✅

And If the proposal pass, Arbitrum DAO treasury will need to fund the staking APY with 1.75% of the total ARB token supply 🎫.

This could lead to as much as a 137% staking APY for $ARB .

However, is this proposal beneficial for Arbitrum in the long term🤔?

Some quick thought on the proposal👇:
---------------------------------------------------------
1️⃣ A TLDR of the proposal:

🔹 Plutus has proposed a staking mechanism aimed at incentivizing long-term holders and adding utility to the ARB token.

🔹 Users can lock up their ARB for up to 365 days, or choose to exit early with a penalty ranging from 0-60%.

This penalty gets redistributed to other ARB stakers based on their stake weight, and locking do not affect a staker voting right.

🔹 To bring this to reality, the proposal requests a certain percentage of the total ARB token supply from ARB DAO to fund the staking APY in the next 12 months, which are:

1️⃣ Fund with 1.75% of total ARB supply
2️⃣ Fund with 1.5%
3️⃣ Fund with 1.25%,
4️⃣ Fund with 1%,
5️⃣ No funding at all

By the time of writing, ~90% have chosen options 1.

🔹 Option 1 has an estimated staking APR of 137.25% when 10% of ARB is locked and decreases to 13.73% when 100% of ARB is locked.

Link to the proposal in the comment session 👇.
---------------------------------------------------------
2️⃣ My tiny brain thoughts:

✅
First, I agree that staking could indeed improve the utility of ARB by being more than a governance token.

More than that, staking can lock up a portion of the circulating supply🔒and rewarding lockers with an attractive APY funded by the @arbitrum DAO treasury.

✅
Second, looking beyond, this proposal could even serve as a foundation for future revenue-sharing models, such as sharing sequencer fees or DAO-earned interest, and so forth💰.

❌
However, my primary concern with this proposal is the potential for inflation in the long run, as $ARB from the treasury would be distributed to ARB stakers as rewards, leading to unnecessary selling pressure in the future.

❌
Moreover, the 1.75% of the ARB supply could potentially be put to better use.

For example, it could fund another round of incentives to attract more projects and developers, or reward existing projects that have been contributing to Arbitrum's development,

Rather than merely paying users to hold their tokens for 12 months.

👇
Given these concerns and the lack of benefits to the ARB ecosystem as a whole, I would disagree with the proposal.

Im happy to have your thoughts on this one tho.
Feel free to discuss!

[SyncSwap (((+))) @syncswap]

SyncSwap is joining the @Galxe Scrolling Mainnet Campaign 🥳

Get Scrolling! Swap and provide liquidity on #Scroll via SyncSwap to mint the special Galxe #NFT 📜

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[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

Also weath & hardwork doesn't correlate, but being a lazy slacker guarantees you never be rich, Don't let the work-smart 4 hour work per week lifestyle brainwash you, I never met a super rich person who is lazy and try to skip work

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

The 00s generation are extremely lazy slackers & incapable, always wanted to do less and get more in return or not doing anything and expecting something in return. Gone are the days of hardworking mens

If you are hardworking, you have an advantage over most people already

[redphone ☎️ @redphone]

A fren just asked me about the preparatory steps I'd take for upcoming bull market... Here's what I said:

Preparations for me are really honing in on my mistakes in the last cycle and avoiding them.

7 things I did wrong: 🧵👇

[The Kobeissi Letter @KobeissiLetter]

Something is happening in the San Francisco real estate market.

Take a look at this house listed for sale.

In 2015, the owner purchased the property for $1.4 million, 27% ABOVE the asking price.

Now, 8 years later, the property is listed for $1.1 million, 22% BELOW what the owner paid for it.

This homeowner now has "negative equity" which is a growing trending impact 1.2 MILLION homeowners in the US.

Could this be the beginning of a bubble bursting?

[木头哥 wood brother @Maybe2024slow]

穷人没法翻身，是因为他们总是在追求确
定性，从而丧失了可能性。
赚钱的真相，其实很残酷:
世界上能赚到钱的事，一定是不确定的;
世界上能赚到大钱的事，一定是极度不确
定的。
只有不确定性，才能帮你把对手拦在门
外。
只有不确定能不能赚到钱，才能帮你淘汰
掉最多的同行，让你独享那一份红利。

而币圈就是这样一个极度充满不确定性的市场。

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

其实钱根本没拿去投资过, 钱一早就给他们拿去买 iphone, LV wallet, Gucci bag 了

说什么合作双赢都是假得, 他们只是在烂用投资和电商当借口来和你讨钱, 只不过是订上你的本金, 你的本金就是他们的收入

别天真认为社会真得有将多下一个马云 下一个Elon musk, 好听叫创业者, 难听叫老千

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

网络的坑太多了, 避免跌进坑看以下

在XHS经常看到的所谓 00后创业者只是懒惰做工 想骗走人家的钱当作是自己的收入, 大部分不是搞投资骗局就是电商骗局

一开始都是会画大饼好像很专业告诉你有多好赚, 钱投下去后就不见人了, 过了一段时间就会告诉你钱亏光了, 自己也是受害者 没办法回本金给你

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

👋 Excuse me Sir/Madam, do you have a moment to talk about @Memecoin? $MEME is literally a meme coin. No utility. No roadmap. No promises. No expectation of financial return. Just 100% memes. 😉

[Joseph @JosephA140]

I use to work in the 2nd largest bank in the world

A BTC ETF is a watershed moment:

Here’s why it’s buy the rumour, buy the news

[ZERO IKA 🗡️ @IamZeroIka]

I don't understand why many big accounts tell people this is their last cycle.

We're slowly transitioning from a highly unregulated market to a mature one.

This is when the real fun truly begins, in my eyes.

Projects will hire more.

Companies will search for Web3 talents.

Global awareness will hit new peak levels.

I respect those who are tired of experiencing multiple cycles as it is a really energy-drainer practice.

But at the same time, I don't understand why quitting before a complete flourishing.

Isn't the thing we've been waiting for since day one?

Zero will be here during the upcoming bull cycle, during the next bear, and in the next decade.

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

Hi, my name is @Lucasthexplorer, and I’m a $MEME (@Memecoin) farmer at @Memeland.

On my honor, I promise that I will do my best to do my duty to my own bag, and to farm #MEMEPOINTS at all times.

It ain’t much, but it’s honest work. 🧑‍🌾

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

打工者净得是manager职位, 能坐上manager职位在打工圈 就是网道了

创业者净得是上市, 谁先上市就证明谁比较厉害

投资者净得是下一个世界级趋势, 抓到下一个世界级趋势 少努力几十年

交易者净得是早入场, 早入场就有权利割韭菜

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

Once you reach a certain age, you'll realize is much better and meaningful to put in the effort to truly work your way towards a financially stable life

Rather than faking a rich lifestyle where your social media life is better than your real life, real life you're full of shit

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

If you are poor like me, do whatever it takes to succeed financially, go though lonely and boring days with nothing but work

No alcohol, no cigarettes, no clubs, no bar, no girls

Even if u can afford, delay gratification on luxury purchases, no new cars till you're truly rich

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

If you made some money, reserve it for investment only

Hunt Airdrops, Farm Defi yields, Do short term trading, accumulate and build a massive portfolio that can feed you long term

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

If you are poor like me, do whatever it takes to succeed financially, go though lonely and boring days with nothing but work

No alcohol, no cigarettes, no clubs, no bar, no girls

Even if u can afford, delay gratification on luxury purchases, no new cars till you're truly rich

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

If you are poor like me, do whatever it takes to succeed financially, go though lonely and boring days with nothing but work

No alcohol, no cigarettes, no clubs, no bar, no girls

Even if u can afford, delay gratification on luxury purchases, no new cars till you're truly rich

[匿名博士 @Chris_Defi]

1，市场上其实没那么多alpha，除非你自己本身就是alpha
2，币圈的财富增长和原始积累，不是时间换空间，而是无意中的一瞬间
3，每轮牛市都是新的资产发行方式，前一轮1CO，上一轮defi、NFT，猴市socialfi，下一轮呢
4，牛市比大家预想的时间还要更早，在绝望中产生，犹豫中上涨
5，能理解世界、认知宏观、精通web3，不等于能发财；币圈本质是大赌场，哪个赌徒会承认自己不懂规则
6，世界最大的赌场不是拉斯维加斯，也不是澳门，是美股，未来可能是币圈
7，世界每时每刻都在博弈，大到国家之间的战争，小到山寨币散户与狗庄的对手盘；学会接受动荡不安的世界
8，世界是个大的能量修罗场，明争暗斗、暗度陈仓，没人骂你、怼你、嫉妒你、羡慕你，说明已经快被世界遗忘了
9，学会接受挫折困难，易经总结的好：君子不刑不克不冲不发；苦其心志，劳其筋骨，饿其体肤，方能否极泰来

[Trader Mike @tradermike1234]

Social media can make you feel like your behind

Everywhere you look everyone is just killin it

And you think to yourself...damn what's wrong with me how am I so behind

Truth is most people on here are full of garbage

Even lots of these prop firm traders you see killin it as well

Many have inside deals with these firms

Just like offshore brokers who give out marketing accounts...yall dont think prop does the same thing?

They do

And they will flex those selective payouts but don't show all the ones they lost beforehand

And mt4 as we all know can be faked very easily

So don't feel bad... most people are not doing well

Sure not everyone is fake there are lots of people who use prop firms and mt4 who are really bringing in massive gains

And you should be inspired by those people!

But there are for sure more bad people than good people in this game

So just be careful and keep your head up

I've said it before...if you can manage to make in the range of 2-6% a month average

You are world class and aint many out here even coming close to being on your level

Keep that in mind

Keep grinding

[Crypto Ronin ❤️ Memecoin @Lucasthexplorer]

https://t.co/nIherZYNOY