Bancor’s shell game of IL hiding is collapsing. They print new BNT to compensate underwater LPs and call it “IL protection”. The cost is transferred to BNT holders via inflation, which causes further IL to all other BNT pairs, and leads to further inflation. A death spiral.
DAO votes for stupid thing: "haha clearly DAOs are failed ideas and will never work
Country votes for stupid candidates: "wow thank god. This the definition of human rights"
@theklineventure Smart Contract platforms of course.
The best in my opinion being $KDA which solved the trilemma of crypto without any compromise besides block time.
$GRT will index Kadena some day I'm sure.
@KadenaBet @kadena_io Off the top of your head, and I understand is this isn't a great question, do you foresee any other disruptive use cases for Kuro?
@KadenaBet will apparently be pursuing development on a Kuro L2 on $KDA for darkpool matching sports bettors. To my knowledge, this is the first project taking advantage of Kuro on @kadena_io.
Extremely excited to see what others projects can do in these permissioned L2s.
@econoar I believe in this fully, but I then think some alt chain will need to flip Ethereum. L2s are side chains with some cope added in. There has to be a better way.