Hey #Tezos fam! We got a new @tzstats release for you!
Enjoy
- new charts
- fresh 2024 design
- full token data
- dex and nft market data
Merry Christmas everyone 🎄 https://t.co/z0Dm9QRdEL
1/2 HappyTezos is scheduled to cease operations by the end of 2023. We kindly request our valued delegators to transfer their delegations to a different baker before this date.
🔴 US TREASURY: SWITZERLAND AND SOUTH KOREA HAVE BEEN REMOVED FROM CURRENCY MONITORING LIST, HAVING MET ONLY ONE OF THREE CRITERIA FOR THE SECOND REPORT PERIOD IN A ROW.
Yo if your name is Omar and you’re from San Rafael, your girl Jessica who works at Starbucks is cheating on you.
I’m waiting for my food and she’s talking about it with her coworkers behind the counter.
I'm happy to see things moving forward so fast between @MinaProtocol and @class_lambda.
Thanks @bkase_ for giving us the chance to work with you guys.
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This project introduces the proof generation, posting and verification of the validity of Mina states into a EVM chain, which will serve as a foundation for token bridging.
https://t.co/Fqqxe3ZV5I
Our statement regarding the Tezos Oxford proposal
After compiling the concerns raised by the community regarding our participation in the latest voting phase, we want to provide a comprehensive response to each and every one of them.
A primary concern revolves around the top bakers' significant influence and responsibility, whose lack of governance participation might suggest a lack of commitment to the ecosystem's evolution and well-being.
The community may disagree with our decision in this specific case, and that's perfectly normal since that is an inherent aspect of democracy. However, based on our performance and contributions, one can not state that Everstake doesn't participate in governance and significant ecosystem decisions, and in general, one can not state that Everstake does not care about the future of Tezos.
We analyze each proposal in-depth, ensuring our votes and influence align with the best interests of the ecosystem. Our decisions are not solely based on how the majority votes; we delve deep into the details of each proposal on our own.
We initially supported the Oxford proposal in the first voting phase. Later, we realized we needed more clarity on some crucial points because bakers must be 100% sure they understand the proposed changes correctly. We apologize for not sorting this out in the first phase due to the time pressure.
It was crucial for us to make a well-informed decision in the next phase, having clarified all uncertainties as this proposal initiates a chain of huge changes. We do acknowledge our weight, and we aim to direct it toward the well-being of the ecosystem. In this specific case, while awaiting further clarification from the team, we opted to abstain from voting.
Why not vote against or pass? This is due to not being entirely against the proposal. We do want the ecosystem to progress and enhance. However, we cannot contribute to the quorum of the proposal that we still need more clarity on.
Another factor behind our decision was the low engagement in voting until the very last hours, leading to the scenario of the quorum not being reached even with our vote. In this case, the proposal could revert to the previous period. We recognized that our decision to abstain from voting might have increased the chances of restarting the voting process, however, up until the last hours, our vote alone was insufficient to reach the quorum.
But this is what the self-amendment process was created for - to introduce changes and improvements to the protocol, and not all governance processes are perfect. From our experience of working with over 75 blockchains, few undergo protocol changes and improvements as frequently as Tezos.
In Tezos, these changes occur, on average, 3-4 times a year, often with only about a month or less between the acceptance of one proposal and the launch of the next one. In our view, a slight delay of a few weeks for the sake of making a more informed decision does not hinder or harm the development of the ecosystem.
Furthermore, we realized that we were not alone in seeking answers to questions. We reached out to other bakers to understand their perspectives and the overall sentiment. While some did not respond, some agreed with our concerns, and others shared our concerns, even having already cast their votes.
Later, it turned out that many bakers began casting their votes during the night (European time) in the last hours before the end of the voting process - be it due to the community tags, obtaining answers to their questions, or making their final decisions, but we learned about this on Monday morning.
We share the mission of an active baker, who actively participates in governance and contributes to the ecosystem's well-being. We regret that the expectations of some of our delegators were not met, but we want to emphasize that our actions were not due to negligence or indifference but rather our deliberate choice.
We acted with the intent of making a well-informed and thoughtful decision, reflecting our commitment to the Tezos ecosystem.
And in our unwavering commitment, we will continue to analyze all the aspects of Oxford, communicating with the core team and fellow bakers, and closely monitoring the community's overall sentiment to gain a comprehensive understanding of the implications of the Oxford proposal and further huge alternations that will follow this proposal.
Someone just took a $1,100,000 on-chain loan from a stranger using an NFT representing ownership of a complete set of Supreme Box logo T-shirts as collateral
The 1000lb+ set was sent to an escrow company who then sent back NFTs representing ownership of the shirts
The borrower then used the NFT to tap into global liquidity
If they default? The lender can use the NFT to redeem the shirts
Sotheby's appraised the collection of 291 shirts at ~$2.5m a couple of years ago
Pretty insane to see the owner of a grail streetwear collection come on chain and utilize the proof of ownership that NFTs provide