TezosCanadaBakery

[TezosCanadaBakery @TezosCanadaBake]

@chamath You pander.

[TezosCanadaBakery @TezosCanadaBake]

@elonmusk Could you eat an entire bag of dicks. Plz. Just shuddup

[TezosCanadaBakery @TezosCanadaBake]

Just posted this to the bakers slack. Please retweet guys. Need these delegations moved off. I understand the Telegram bot is back online. And when I say trd isn't reliable, it was just saying timeouts for injecting operations. 100% my bad for not verifying.

[TezosCanadaBakery @TezosCanadaBake]

Please move your delegations or consider staking. The tooling I relied on to ensure accurate payments have failed. Baking bad is obsolete (love you guys), the telegram notifier has issues (love you too), trd isn't reliable. And real life precludes this from taking anymore time.

[TezosCanadaBakery @TezosCanadaBake]

@SimonDixonTwitt FU! I will be there for sentencing. Burn...

[Alan Austin @alangaustin]

If you haven't been following the shitshow by #Celsius in their reckless pursuit to clawback funds from innocent customers, you're missing some of the most careless and irresponsible behavior imaginable.

It’s wild enough to demand customers return their own money. But the manner in which Celsius has been going about this has been so reckless that one could argue innocent customers have been treated worse than the insiders who caused this mess in the first place.

Here are just a few highlights of what customers have had to deal with so far, all of which is public information:

- Celsius lets customers who withdrew less than $100k off the hook in order to buy the votes they need to go after customers that withdrew more than $100k.

- Celsius goes after customers who withdrew more than $100k, but does not waive the first $100k for these customers. In other words, a person who withdrew $99k is completely off the hook while someone who withdrew $101k is being sued for the entire amount and even more (read on).

- Crypto prices rise, so Celsius sends out demand letters using in-kind values instead of what's stated in the plan (note that Celsius is not giving the same in-kind value to customer claims, only to money they believe they are owned by customers).

- Customer data is exposed because of a Stretto data leak, resulting in customers receiving countless scam calls and phishing attacks.

- Celsius files public complaints against customers who withdrew more than $100k, and instead of using withdrawal amounts per the plan, they massively inflate and misrepresent amounts by using in-kind values, not crediting for certain deposits, and other tactics. In many instances, these public documents are showing customers owing 3-4x the value they actually withdrew.

One might argue that this behavior is to be expected of the Celsius team and their attorneys, and that these inflated values are just scare tactics that will never stick in court. And while this may be the case, the blatant disregard for customer safety and security by giving the public the impression that many of their customers have a lot more money than they actually do, is beyond comprehension. As if the data leak wasn’t bad enough.

The court complaint goes on to state “The Defendant in this action is one of the lucky few who were spared…”.
Lucky? Many of these customers also left hundreds of thousands of dollars on the platform, if not more. This money has benefited the very same people who are demanding these customers pay even more.

Apparently, Celsius feels that a customer that withdrew under $99k and left nothing on the platform is ok in their book, but a customer that withdrew $101k while leaving $500k on the platform was one of the bad guys and should be sued. 🤯

Customers are already dealing with the stress of financial losses. To then be threatened by demand letters with inflated values, have their data leaked, and be concerned about their safety as a result of public documents misrepresenting and massively inflating their withdrawal amounts?

Somewhere along the way, Celsius forgot who the real criminals were.

[TezosCanadaBakery @TezosCanadaBake]

@BakingBenjamins https://t.co/SHedwCmfLp

[TezosCanadaBakery @TezosCanadaBake]

@camcrews If you weren't a monster I'd feel bad for you. But there it is...

[baking.tez @BakingBenjamins]

Adaptive Issuance (AI) on June 18th is going to be a big shock to the Tezos ecosystem.

There are currently people buzzing behind the scenes to make sure major wallets and tools are compatible.

@TezCapital are doing our part to make sure our tools provide AI compatibility.

[baking.tez @BakingBenjamins]

📰 IMPORTANT #Tezos NEWS! 📰

#AdaptiveIssuance will (likely***) activate on the 6th cycle after the Paris protocol goes live, around June 18th.

Expect your delegation rewards to go down. For more rewards, you'll have to stake/freeze your tez with your baker's.

Baker delegation payments may be briefly interrupted or even briefly inaccurate.

Popular Tezos wallets will have a new staking* button following the #AdaptiveIssuance activation (~Jun/18) , where you'll be able to lock tez with your baker to get higher rewards.

After #AdaptiveIssuance activates some of your bakers will have separate delegation and staking fee (i.e. the "edge". This fee will be listed on popular exporers like #TzKT and #TzStats. Bakers do not have to participate in the new staking system system and do not by default; they will need to manually set a multiplier on-chain to accept stakers.

Staking rewards will be on the protocol level, so no more waiting for your baker to pay manually. When staking your tez, your baker will most likely have an "edge" set where they'll receive a portion (i.e. a fee) from your staked balance.

Expect some quirks following the upgrade. Report them to the respective teams or notify me so I can relay it to the right people.

Please give all #Tezos infrastructure, tooling teams and bakers some grace during this migration period.

* Staking -- When staking your tez with your baker in a locked state, it is separate (i.e. yours, in your wallet) but it is eligible for slashing** if your baker misbehaves on purpose or by accident while participating in the Tezos peer-to-peer consensus called #Tenderbake; You will not be able to move this locked tez and will need to wait for a period of several cycles (couple of weeks) for it to be liquid again if you so wish; By staking your tez you are helping make Tezos the consensus more secure (note: when delegating your tez you are technically not helping make Tezos consensus more secure)

** Slashing -- As a staker you will lose some balance if your baker accidentally injects multiple attestations or blocks of the same block level. Slashing doesn't happen often at all, and in Paris the slashing penalties have been lessened. This is still a risk that should be considered. Staking with a good baker is more important then ever.

*** Once this Proposal passes, which likely it will.
https://t.co/QEECOvFPmn

--

Questions> Ask below...

[TezosCanadaBakery @TezosCanadaBake]

Thanks for moving off swiftly. As a result of your quick move I will be able to pay those cycles that you were with Tezos Canada. 🤝

[TezosCanadaBakery @TezosCanadaBake]

Greetings friends. Could the owner of tz1Xip…wFCS please choose another public baker. You have just over delegated to me and you will not receive rewards. I suggest finding another public baker who has voted YES for ParisB. Thank you very much.

[TezosCanadaBakery @TezosCanadaBake]

@CelsiusLOC The rate increases eh? On the basis of your strong position? Uh huh. Good luck with that. Don't give in to these clowns. Sue me already and let's watch your case crumble

[TezosCanadaBakery @TezosCanadaBake]

@CelsiusLOC @markfinelli Nice camera angle ya bloody weirdo

[TezosCanadaBakery @TezosCanadaBake]

@CelsiusLOC My rate will be zero. Did nothing wrong

[TezosCanadaBakery @TezosCanadaBake]

@CelsiusLOC Pleased? Get consummated by a cheese grater

[TezosCanadaBakery @TezosCanadaBake]

@CelsiusLOC Reported this post. Harassment

[TezosCanadaBakery @TezosCanadaBake]

@TiffanyFong_ Please post one of Alex soon 🙏

[TezosCanadaBakery @TezosCanadaBake]

@CelsiusNetwork Please stop talking about scams you scam king/queens

[TezosCanadaBakery @TezosCanadaBake]

@SamtheNightOwl There is a cure! https://t.co/d861D3On5I