dan the man

[dan the man @daniloschff]

@PedroLambertini Te lo gráfico:
En halterofilia el récord olímpico de la cat más pequeña de hombres (61 kg) es: 310 kg (Li Fabin: 160 cm/61 kg).
En la cat más grande de mujeres (+81 kg) es de 327 kg (Li Wenwen: 178 cm/150 kg)

[dan the man @daniloschff]

@dzapatillas A mí me pasó en la ruta a Rosario (rompí cubierta). Pero como se demuestra?

[dan the man @daniloschff]

@dosinaga2 Si. Por?

[dan the man @daniloschff]

@Cypher1984 Opción 1, pero evidentemente no es rígido y se adapta según circunstancias y necesidad

[dan the man @daniloschff]

@DistasioNicolas El otro día en la clínica me dijeron que un periodista conocido fue a ver al proctologo por un desgarro anal, Nicolás Dis-algo era el nombre. Puede ser que seas vos?

[dan the man @daniloschff]

@atin0x @BurgerFcts Basándose en gordos hamburguesas de Ig? Madre mía....

[dan the man @daniloschff]

@atin0x @BurgerFcts BurgerFcts es ese chabón que me bloqueó por argumentarle que comer carne picada en ese estado ES PELIGROSO comer carne así, luego de preguntarle a 3 veterinarios (profesores UBA y con doctorados) y que todos me dijeran eso, mientras que para él estaba "gastado el tema"

[dan the man @daniloschff]

@marcos_galperin @sserrano44 "la profundidad": un gráfico. Ok

Por eso los liberales van camino a la no reelección. Miran datos. Gráficos. Omiten contexto. Tienen nulo contacto con la realidad. Fin

[CacaoSwap | YUM DAO @CacaoSwap]

Our intern posted the wrong Christmas banner, but this post has the correct one.

Merry Christmas and happy holidays everyone!

(The other banner has to wait one more week...)

[CALC 🧮 @CALC_Finance]

A new milestone: over 400 strategies created on @RujriaNetwork!

We want to thank our community for using CALC and helping us to achieve this great number of DCA strategies created. On our way too 500!

Think Calculated 💛

[dan the man @daniloschff]

@KPeruggi Graffigna Winery? Argentinian wine. Malbec? Good choice.

Just out of curiosity, how much does one of those wines cost in London?

[dan the man @daniloschff]

@alejandrocsome Conclusiones: para vos o gente muy calificada: primera marca.
Si es para gente no tan calificada, china e ir renovando.

[dan the man @daniloschff]

@alejandrocsome Ojo con amoladoras para cortar cerámicos: se suelen hacer mierda por el polvo, incluso se marcas. Capaz convenga china y descartarlas cada 6-12m cuando fundan

[dan the man @daniloschff]

@HodlerTom Uno de los principios más dañinos de nuestra sociedad es "pedir perdón y no permiso".

[dan the man @daniloschff]

@Rarma_ 👀

[Felis Norwegicus @FelisNorwegicus]

The Tokenomics of THORChain and Rujira – Part 7

Finally, after a short hiatus, here’s part seven of my series of tokenomics posts for @THORChain and @RujiraNetwork. As always, for those of you who haven't read the earlier ones (I'll leave a link in the replies for part six), here's the introduction:

You may have seen me going on and on about how the fundamentals of these projects are one of the main reasons I’m betting on them. Well, I guess it’s about time for me to get more specific regarding what I’m talking about – and what’s more fundamental than tokenomics? 😸 If those aren’t in order, rest assured that the rest of the project won’t be either.

Remember a basic rule of crypto: If you can’t explain where the yield is coming from, you are the yield!

I want to examine not only the main ecosystem tokens, i.e., $RUNE, $TCY and $RUJI, but also the $AUTO and $LQDY tokens from the Rujira ecosystem. This post is a bit different, though, as it’s the direct sequel to my last post about @CALC_Finance. This time I want to examine @CacaoSwap and its $YUM token, which is closely linked to CALC.

What is CacaoSwap?

CacaoSwap is a DEX that traces its roots back to the Kujira blockchain. They currently offer swap routes through THORChain, @Maya_Protocol, ChainFlip, and Squid Router.

CacaoSwap has also joined efforts with CALC to bring their DCA strategies to life on Rujira. 50% of all CALC revenues will be redirected towards $YUM staking yields - but we’ll come back to that. 😸

The basis of CacaoSwap is a DAO (Decentralised Autonomous Organisation) called YUM DAO. This DAO manages the treasury funds of CacaoSwap, consisting of $YUM, $RUJI, $yTCY and, more recently, native $BTC and $ETH.

As the team themselves say, the front-end business is rather saturated at the moment, with many actors competing for the same customers. The team are aware of this, and are working behind the scenes with some plans and ideas that are likely to come to fruition in the not too distant future with the goal of accruing value for $YUM . 🔥

The YUM Token

$YUM is the governance token for CacaoSwap. Like e.g., @LiquidyFinance, CacaoSwap being a DAO means that there is more community involvement planned, but the plans are currently on hold as it’s a prerequisite that the $YUM token must be tradable on THORChain first. For now, the DAO is controlled by the founders and loyal long term Rujira ecosystem contributors .

Staking $YUM gives the stakers a piece of the revenue generated by user activity on CacaoSwap, and soon, that generated by CALC due to the fifty-fifty revenue split mentioned above. When you stake $YUM you get the $vYUM token instead, which is a liquid staked, auto-compounding token; that is, one $vYUM will become worth more and more $YUM over time depending on the staking APR (which is sitting at 36.76 % at the time of writing).

100 % of the fee revenue generated by CacaoSwap through various DeFi strategies is distributed to $YUM stakers. These stakers will also have voting rights in YUM DAO once this is fully operational.

The supply is fixed at 100M tokens, meaning $YUM is non-inflationary.

The initial token distribution is as follows:

🔹 40 % to the treasury to support the ongoing operations and development of CacaoSwap.

🔹 8 % was airdropped to holders of certain tokens and NFTs related to the Kujira and Maya Protocol ecosystems.

🔹 8 % is set aside for the so-called Voldrop, where users get rewarded in $YUM for actively using CacaoSwap.

🔹 33 % is set aside for liquidity efforts, i.e., building liquidity for $YUM pairs on selected AMMs.

🔹 11 % is set aside for core contributors, meaning team members who have been, and are, crucial for the ongoing development of CacaoSwap.

This means CacaoSwap has a healthy treasury, with 73 % of the tokens being controlled by the DAO for operations, development and liquidity provision. I’ve been told that the team isn’t planning on selling these tokens, though. They have a healthy treasury of $440k in non-$YUM tokens and are focused on new product development and features. The main purpose of this is to drive more volume, and thus capture more fees, in order to support a sustainable business model and keep rewarding the $YUM stakers.

In short, the entire $YUM supply is either controlled by YUM DAO or in the open market. Sounds good to me! 😸👌

Closing Remarks

While CacaoSwap might initially be mistaken for “just another” front-end, I believe there’s more to them than that.

First of all, there’s the connection with CALC, which means that the CacaoSwap team is involved in a crucial part of Rujira.

Then there’s the future plans of the team, currently not publicly known, that I believe will add even more value to $YUM stakers and CALC.

You can currently buy $YUM for $0.0079 per token, meaning that you can get yourself a nice bag quite cheaply - I’d say this is one of the better risk-reward plays in the ecosystem at the moment. 💪

I’d encourage interested readers to join the CacaoSwap Telegram channel to share ideas about the $YUM treasury management or potential opportunities for CacaoSwap. This will help the team and ensure that the community is as involved as possible. 👌

Next Up

$CACAO and $MAYA, the tokens of Maya Protocol.

[CacaoSwap | YUM DAO @CacaoSwap]

We launched a new dashboard!

The YUM DAO helps track $YUM's performance and manage staking. More features will be added, such as tokenomics, YUM DAO treasury insights, and active yield strategies.

A new chapter is starting for liquidity sponge YUM!

[CacaoSwap | YUM DAO @CacaoSwap]

In the past month, we've been busy positioning ourselves for the future to offer more yield to $YUM stakers. Today, we give an update about:

- DAO and Treasury Management
- Yield Opportunities
- New Plans for CacaoSwap / YUM

🧵👇