Libercrypt

Crypto enthusiast, mainly active in the Cosmos ecosystem.

[Libercrypt @libercrypt]

@frensvalidator Algorand. Fast, cheap, reliable, never overhyped, lots of projects building on it and well-funded. Pretty sure they will survive the crypto winter.

[Libercrypt @libercrypt]

@Tendertown101 @ChickzMeta @PresidentAveaux @osmosis Yes, but it would be strategic to give incentives for pools which have too low liquidity (relative to it's trading volume). High liquidity blue chip pools do not necessarily need incentives.

[Libercrypt @libercrypt]

@PresidentAveaux @osmosis Blue chip or not shouldn't matter. Incentives should be there if a pool needs more liquidity (which is when the transaction volume to liquidity ratio is high). Why should we incentize high liquidity blue chip pools?

[Libercrypt @libercrypt]

@NumquamRetro2 @frensvalidator @StargazeZone You are right, my fault.

[Libercrypt @libercrypt]

@krisis2021 @MarcinMikus @sifchain It's not totally flawed. They have a good product, but they need to improve branding and tokenomics to unlock their potential. If they listen to constructive cristism, they could be winners on the long-term.

[Libercrypt @libercrypt]

@MarcinMikus @sifchain Plus improved tokenomics, please. Keep $ROWAN in every base pair, but avoid holder's dilution by drastically lowering inflation/rewards. I would do something like 10% base rewards plus a variable amount depending on TVL growth.

[Libercrypt @libercrypt]

@MarcinMikus @sifchain Sifchain is a good DEX, but their tokenomics are broken now. It's a terrible idea to offer 200% APR unless you have a lot of growth - e.g. bootstraping phase or bull market, both doesn't apply anymore. Many DEXes have this problem, but Sifchain pushed it even further.

[Libercrypt @libercrypt]

@scrtcosmonaut You should never invest in just one high-risk asset class like crypto. At least, add some solid stocks in the mix. Personally I would not invest more than 20%-25% in crypto.

[Libercrypt @libercrypt]

Axelar-USDC is becoming the primary stablecoin on Cosmos. @osmosis and @junoswapdex have already committed to it.

[dimi 🦙 @dimiandre]

USDC deposit and withdrawals now enabled on @junoswapdex trough @axelarcore bridge 🔥

Incentives soon after governance approves new schedule

[Libercrypt @libercrypt]

@mikeykremer @kenchangh @anon75374998 Coinbase is really bad when it comes to support for non-ERC. They even don't support sending USDC or USDT over any non-Etherium network.

[Libercrypt @libercrypt]

@anon75374998 Coinbase is only good for ERC20 stuff. They have tons of it. Everything else must get really popular before they support it.

[Libercrypt @libercrypt]

@proofstake Good start, but let's wait if this number is sustainable. It's new, people are curious and you need to buy a NFT to get the last part of the airdrop. This drives transactions up at the moment.

[Libercrypt @libercrypt]

@iCosmosQueen Just one thing: adoption.

[Libercrypt @libercrypt]

@Ramridingcosmo Just don't forget about proper risk management. Never put all your money in crypto and don't put all your crypto money in just one coin. $LUNA has shown the importance of this.

[Libercrypt @libercrypt]

@TheJunonaut @JunoNetwork How much is the turnout without delegated votes? Would be more interesting to compare this number.

[Libercrypt @libercrypt]

@bluekirbyfi To do what with your tokens? If you want to trade them on a DEX, I would use @sifchain.

[Libercrypt @libercrypt]

@panosmek @thedefiedge ... but it's using an entirely different programming language. Any CosmWasm-enabled Cosmos-chain (like @JunoNetwork, @osmosis or @StargazeZone) would be a more logical choice.

[Libercrypt @libercrypt]

@POWER_OF_COSMOS @TheKetsa @takumiasano_jp Did you ever read and understand prop20? I don't understand why you deny the facts.

[Libercrypt @libercrypt]

@TheKetsa @takumiasano_jp Yes, they can. But with a 28 day delay. Which would enable the community to block it if 50% want this.