Joe (Comfy Ventures)

[Joe (Comfy Ventures) @ComfyVentures]

You know im a big fan of megapot, think you guys are taking the best approach and im in it for the long run.

The points system right now isn't done very well, there is no clarity on how many points were allocated in previous seasons or whether those are the same as current points. No clue whether points will be massively inflated in the future, if they are per $ supplied to LPs and per ticket to purchasers then this seems likely. Maybe worth thinking about if we're posting about making points worth something.

Having said that all these integrations truly are impressive and im excited for the future of megapot

[Joe (Comfy Ventures) @ComfyVentures]

@Patrick_Lung ~2 years into the megapot points program...

[Joe (Comfy Ventures) @ComfyVentures]

@a1denvalu3 if only they spent $30 and a couple hours on protecting their customers

[Joe (Comfy Ventures) @ComfyVentures]

@Rhynotic Only floors allowed

[Joe (Comfy Ventures) @ComfyVentures]

Does base get a season?

[Joe (Comfy Ventures) @ComfyVentures]

@OttoSuwen Something really sick coming

[Joe (Comfy Ventures) @ComfyVentures]

@Rhynotic Queued withdrawal (and pricing adjustment) would be an improvement vs twice a day.

Rest sounds great, long live the v2 pool

[Joe (Comfy Ventures) @ComfyVentures]

@onchainmo yo, lets go

[OCH @OnchainHarvest]

Plant it, feed it, grow it, work the land, bring the harvest home, and build your farm

1111 Farmers, coming soon @RobinhoodApp

[Joe (Comfy Ventures) @ComfyVentures]

@itstheghost @standard_rsv Wl grinding sucks, makes me want to avoid it completely.

[Joe (Comfy Ventures) @ComfyVentures]

They don't seem to have a plan if they get outbid, which if the numbers are anything close to what they project they will (by me or someone else)

With 2% fees, contract risk, and no real chance of holding the top spot, this is a pretty -EV gamble.

[Joe (Comfy Ventures) @ComfyVentures]

I thought they had made a deal with a zombie holder. Unfortunately its a completely different game when you have to acquire an overpriced zombie to do this.

The numbers in this post are misleading as the king fee was halved yesterday.

[Quit @0xQuit]

The raise for the crown is live at https://t.co/JTtAfID5jQ

The contract aims to purchase a Zombie CryptoPunk, and list it with equal backing in FWA.

1/🧵

[Joe (Comfy Ventures) @ComfyVentures]

@0xQuit Hope you've got a real nft to go with it, would be a waste seeing trash at the top

[Joe (Comfy Ventures) @ComfyVentures]

@Rhynotic

[Joe (Comfy Ventures) @ComfyVentures]

@purposefulsheng It's both really, if depositors become -ev (due to volatility and inability to adjust) when they price correctly then they won't do it.

If rippers are forced to choose between an nft and 2x value in eth there is also no choice

Likewise rippers

[Joe (Comfy Ventures) @ComfyVentures]

@purposefulsheng Also the minumim floor on listings of 0.05 means these listings will never get claimed as nfts

[Joe (Comfy Ventures) @ComfyVentures]

@purposefulsheng Main issues for pricing nfts correctly are the 24h decision period for spinners which acts as a call option on the volatility of nfts (the shorter this is the better) and that we can't adjust the eth backing in the pool with a queue, instead have to watch for a tx gap

[Joe (Comfy Ventures) @ComfyVentures]

@nailed2chair @token_works 90% but you get fwa rakeback after each 24h period

[Joe (Comfy Ventures) @ComfyVentures]

@Punk4725 Yeah with the other punks too, was crazy the first week or so

[Joe (Comfy Ventures) @ComfyVentures]

FWA protocol keeps making positive changes and hasnt even been fully unleashed with custom pools and new NFT drops.

So please dump your FWA guys, i've got 200eth of king rewards to buy it all.

[Joe (Comfy Ventures) @ComfyVentures]

@Punk4725 Yep

[Joe (Comfy Ventures) @ComfyVentures]

i had 800 nfts in the pool, now i have 14... you guys really like the nfts