ExploreFavo 🛡

[ExploreFavo 🛡 @ExploreFavo]

@Quizznope @FlexaHQ it’s undervalued because there’s no transaction volume. And no visibility. advertising won’t help. Transparency and execution is the key. It just needs to work.

[ExploreFavo 🛡 @ExploreFavo]

@FlexaHQ @beallsinc @BeallsFL @shophomecentric will there be a credit card option? Credit built on the flex of payment rails?

[ExploreFavo 🛡 @ExploreFavo]

we don’t need to them to announce merchants; aggregated info on daily. weekly. monthly transactions, average transaction value, and number of merchant, number of wallets would be a major step forward. That type of dashboard could help build credibility and momentum. Right now it looks like they are on the fringe which may or may not be true.

[ExploreFavo 🛡 @ExploreFavo]

@9rzdg992r6 at times, it seems like they are getting played. when you look back at the “coming soon” disclosures the hit ratio isn’t great. On the other hand, the risk is the product isn’t working at scale

[ExploreFavo 🛡 @ExploreFavo]

@ProjectConstitu if tarrifs are a tax paid by US consumers does it really make sense the US would owe the other countries anything ?

[ExploreFavo 🛡 @ExploreFavo]

@QCompounding 👍

[ExploreFavo 🛡 @ExploreFavo]

And it’s still orders of magnitude better than option B. On tarriffs, they are used as a tool to force other countries into a more balanced trade relationship, ideally the goverment would not subsidize (the green newScam or make investments; but if they do recovering the money makes some sense although not a fan of taking equity either), the entitlements are a large part of the problem (ie it’s been a 20 year ongoing issue and not new). The benefits of growth oriented policies, reducing fraud and abuse, and eliminating policies that inflate crime will be the winning agenda

[ExploreFavo 🛡 @ExploreFavo]

@Gbbigbuy @centrifuge @gizatechxyz if it doesn’t generate transaction fees that result in a CFG yield or burn, it’s not worth it. Does the expected benefits to CFG holders outweigh the costs? is it for CFG ecosystem only or is it benefiting other ecosystems?

[ExploreFavo 🛡 @ExploreFavo]

@bubby_io when tap to pay?

[ExploreFavo 🛡 @ExploreFavo]

what happened to all the “coming soon” wallets like argent, celo, and so many other partners. Ironically the partners never materialized even though 40-50b tokens were reserved for partners; and ultimately issued for no apparent value back to the ecosystem based on POS transaction volume. So far it’s been a big disappointment. hopefully something is actually there.

[ExploreFavo 🛡 @ExploreFavo]

it’s hard to see how flexa is going to get major wallets to integrate it SDK based on his current pricing ecosystem development model. So we’re watching the market build around them hopefully they can carve out a niche for themselves. Would be great if they started measuring success based on transactions it’s really what it’s all about.

[ExploreFavo 🛡 @ExploreFavo]

@shirollsasaki @baseapp me

[ExploreFavo 🛡 @ExploreFavo]

@malaguti77 @FlexaHQ isn’t flexa messing with the markets ability to find find the right price / value combination by limiting the fee to 1%? They should let integrators capture a share of fees on top of the staking and let the market decide what the right mix of services, incentives and price.

[ExploreFavo 🛡 @ExploreFavo]

@Meditations180 @FlexaHQ @dannymccb @trev how can they compete with a 1% fee? mastercard can offer much better services because the low end of the market is not the mass market. people want more…

[ExploreFavo 🛡 @ExploreFavo]

my opinion is 1.5% is the right number based on where the market is headed. it’s still a 50% savings and matches stripe who appear to be the price setters; and this gives ample room to properly incentivize all ecosystem partners. it seems like a fairly simple backend software fix where the customers don’t even know it. just take the Amp fees and after its charged split it to a) 50 bps to wallet and b) 1% to staking. or whatever the wallets require to incentivize ecosystem development and growth. i think we would start to see massive adoption with the right incentives assuming flexa/amp software actually scales.

[ExploreFavo 🛡 @ExploreFavo]

@AmpedTo @DarkEagleCyber @FlexaHQ further proof it’s a flawed model as currently structured is that flexa itself takes a share of the fees that are independent of the staking rewards. flexa doesn’t relay on staking to pay for its costs.

[ExploreFavo 🛡 @ExploreFavo]

the 3% charge is split between all ecosystem partners; the issuing bank gets a large share of the fee. in this case that would likely map to be the wallet. the most critical ecosystem partner is getting 0 for its software. the flaw is that the return for risking capital to secure transactions is supposed to be used to pay software. they are two different things. you and i can stake and not build anything. the fees need to be unbundled.

[ExploreFavo 🛡 @ExploreFavo]

isn’t the flaw in flexa model that ecosystem partners get 0 and the mastercard partners get a share of the 3% fees? flexa needs to enable SDK so that AMP can share a % of the 1% with wallet integrators and possibly others that is in addition to collateral APY which is risk capital vs wallet maintenance for spending.