coolbeans

[coolbeans @coolbeans6238]

@septiembre_eth how does this impact home staking?

[coolbeans @coolbeans6238]

@MikeIppolito_ No revenue share is the problem. There is no incentive to have revenue share, when you can just dump a governance shitter that you minted and make more money. Buybacks are trash.

[coolbeans @coolbeans6238]

@BeeCrypto10 It is just an excuse cause they want to mint a new shitter and give them an allocation despite they already got payed from the treasury.

[coolbeans @coolbeans6238]

@EIonAAusk Gavin said for JAM 6 months until release.

[coolbeans @coolbeans6238]

@catswithouthats @gavofyork @Polkadot Simply not true

[coolbeans @coolbeans6238]

@MrAzTrades They rugged the DOT token even though they got financed by the treasury.

[coolbeans @coolbeans6238]

@StrategiesX Pretty easy to answer they will never buy again with risk a shitter they minted and dumped. They rather mint a new shitter give them an allocation even though the treasury financed them already and dump that new shitter then.

[coolbeans @coolbeans6238]

@TedPillows As long as the market gives companies the opportunity to exit this way nothing will change.

[coolbeans @coolbeans6238]

@TD_of_NoName Solange die Leute es weiter akzeptieren wird sich nichts ändern.

[coolbeans @coolbeans6238]

@kripp_m Meine Oma ist bei 35 Gard immer in der Küche gestanden und hat gekocht...

[coolbeans @coolbeans6238]

@Kyrie_aiweb3 @LeemoXD @Web3summit It will become an L2 governance shitter.

[Wei Tang @sorpaas]

A interesting thing about $JAMKB is: if you know the architecture of Polkadot JAM and how everything is defined in Gray Paper, you'll understand why this is alerting and potentially damaging for $DOT.

§4.6 defines "a token which is native to the system". One token. That token is used in subsequent definitions. And $JAMKB fits all definitions cleanly.

If we follow the logic of Gavin's advocate in the Medium post, $DOT does not fit.

$JAMKB will be the L1 native token. $DOT will be L2.

What Gavin didn't say in the Medium post is: storage footprint (i.e. $JAMKB) is the only thing they currently haven't abstracted away from L1, hence the need for a native token. All other tokens are replaceable L2.

[coolbeans @coolbeans6238]

@sorpaas It is effecticely a rug financed by the DOT treasury. That tells you everything about crypto when one of the Ethereum Co Fouhders starts rugging. Tbh nothing else expected from such a person like he is.

[coolbeans @coolbeans6238]

@CapoDotCapital please keep your DIT have fun to get rekked. why do you think Gavin buys none and launches a new shitter

[coolbeans @coolbeans6238]

@rossbulat bs

[coolbeans @coolbeans6238]

@giottodf I hope thatnis sarcasm.

[coolbeans @coolbeans6238]

@Daniel_Launchly @Polkadot @gavofyork @gavunwud The reason they launch a new shitter isbbecause they already dumped DOT.

[coolbeans @coolbeans6238]

@Daniel_Launchly @Polkadot @gavofyork @gavunwud Bullshit, common sense please. DOT is currently done and governance rights will not make it better.

[coolbeans @coolbeans6238]

@TheWeb3Cloud Scammers

[coolbeans @coolbeans6238]

@StrategiesX Sorry for anyone involved in this shit. Imagine Ethereum would do this rugging ETH for governance shitter.