@0xNonceSense@ProofOfTravis I'm not sure what IBC complexity has to do with UX. Users don't have to interact with IBC at all. IBC to IBC you just hit send, and you can bridge from or to eth/btc/etc. On osmosis with 2 clicks. Users don't even need to be aware of IBC
@Yogi_1000000000 @zellic_io The yield is paid in the form of BABY tokens generated from inflation, but chains also pay to rent btc security that goes to BABY stakers and (i believe) btc stakers as well
@crypto_vadim @0x_ultra Spot on. That was my introduction to crypto. Came in chasing yields and that 200% APR didn't mean crap when the token fell by 99%
@benjamincowen Trump is testing out how much he can move the markets so his inner circle can dial in their huge leveraged positions to enrich themselves at the expense of retail investors and businesses
@saneinthembrn@JohnnyWyles87 It is not no cost. We are paying 50% of the revenue generated from trading these assets. If they become very popular it can become a large cost.
@tonyler_@BloodyCurious@osmosis Because babylon assets will be IBC enabled.
How will us doing this deal affect where these assets are traded? Osmosis is already positioned to be the #1 trading venue. Will babylon black list other exchanges?
@tonyler_@BloodyCurious@osmosis If this partnership is not accepted, wont babylon lst assets still be tradeable on Osmosis?
If so this partnership isn't creating the volume. It's just paying out half the revenue of the volume that will come either way.
@osmosis@JohnnyWyles87 @margined_io Very interesting conversation! Though i will say including taker fees generated is an iffy metric bc it's hard to establish that that liquidity+strategy caused the volume, rather than facilitating existing volume. Maybe a portion could be tested in magma in the future.
@Airdrops_one I completely agree. Giving chores doesn't stop gaming the airdrop, it just changes the arena. And good point about the NFTs. Why would anyone think that holding an nft makes a better target than stakers, LPers, voters, and dapp users.
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