Pizza | dRen

🇲🇾 ADA guy 1st. Multichain guy 2nd. Writing Cardano content for FREE since 2020

dRep ID: drep1lvs070xte7kfunnmx260lnc8fr66rpu7xzt90fz9s2ee5rympw9

[Pizza | dRen @pizzadren]

Some of you may or may not know me, so let me introduce myself.

I'm Pizza, Malaysian 🇲🇾, and yes I love to eat pizza + all kinds of nice food!

I have many thoughts & ideas that I like to share, but sometimes I also shitpost for fun.

Cardano is my home chain, been a using it since 2020. So far Cardano has been serving me well & keeping me safe for many years without worrying about smart contract hacks.

I like staking natively without locking or need to mint a Liquid Staking Token (LST) to achieve this. While some chains have this feature, Cardano is currently the largest chain to implement it.

Yes, I do DeFi on Cardano:
- I trade assets with @MinswapDEX & @SteelSwap most of the time.
- I lend assets to @liqwidfinance & @flowdefi
- I also lend $ADA to @FluidTokens for borrowers to boost their stake.
- I stake with @OptimFi & hold $sOADA because I'm bullish on automated yield strategies with $ADA
- I buy & sell NFTs on @jpgstoreNFT
- I stake $WMT, $IAG & $NVL to support DePIN projects on Cardano

And many more that I don't have enough characters to list here

At the same time, I have also experienced trying out DeFi on other blockchain ecosystems, such as $ETH, $SOL, $AVAX, $ARB, $SUI, $ALGO, $NEAR, $XRD, $ATOM, $VET, $HBAR, $CKB, $ERG, $ONE, $EGLD, $MINA, $TRX, $BSC, $ZIL, $WAN, $LUNA

These experiences really made me a better Blockchain tech learner & investor, and I believed that we all can appreciate the cool things that are done on other ecosystems, and also be critical of their flaws to spur their improvement.

I'm also a dRep for Cardano. I don't have time to read all proposals but I'll try my best to read & give rationales to the ones I think are very important!

I tend to be unbiased (I hope I am), and if I'm critical, I'll try to give solutions on the best way forward.

My intro is up. Now, off you go, lads. We have work to do💪

[matiwinnetou @matiwinnetou]

My thoughts on Midnight and Cardano working together in the medium article.

Spoiler alert, its complex but remember you are in charge / control.

https://t.co/EaEHjhCbbJ

[Pizza | dRen @pizzadren]

@cardanoneko @dadsweb67 I've been enjoying his takes on Japan work-life too
https://t.co/OZdFy2EWTd

[Pizza | dRen @pizzadren]

@ItsDave_ADA I mean, you can still send USDC from Solana to Cardano in wrapped versions and then swap to DJED / iUSD

[Pizza | dRen @pizzadren]

@cardanoneko @MasterNumber That's too slow, just kill more Ogresses😉

[Pizza | dRen @pizzadren]

@Max_Researchium There's 1 thing I don't understand.

Does higher total score = higher decentralization?

If so, you also mention higher HHI = higher risk of outages and vulnerabilities.

So does that mean higher score is actually bad?

[Pizza | dRen @pizzadren]

@Max_Researchium Okay, looking forward to your report👍

[Pizza | dRen @pizzadren]

@Cerkoryn @ATADA_Stakepool @Hornan7 @earncoinpool @HephyPool @EPOCHpool Should have our own Morse's Law for increasing k 😎

[Pizza | dRen @pizzadren]

@bitcoinmalaya Not sure how many ppl know this, but Geely's Chairman actually has a minority share on Mercedes-Benz Group
https://t.co/hNaPKMG0B5

[Pizza | dRen @pizzadren]

@FluidTokens That's only for ADA right? I presume other CNTs do not generate any rewards if they are not utilized

[Pizza | dRen @pizzadren]

Something to also take note to new users is that when you lend tokens on @FluidTokens , it doesn't guarantee to earn interest on Day 1.

You need borrowers utilizing your tokens and then pay those interests before you can start earning them.

So your tokens may sit in the lending pool for days, weeks or months until the borrower starts utilizing them and borrows for DeFi activities.

Already tried it myself by putting some amount of ADA in the lending pool for a week. If you check your lending stats, you'll see 0% utilization and you don't actually earn any interest for that whole week as long as it stays zero.

Only when the utilization % starts to go up then you'll start accruing interests.

[FluidTokens @FluidTokens]

Easy mode is now live on Fluid!

This is the best time to onboard your friends to Cardano DeFi:

➜ Guided Steps
➜ Automated Risk Management
➜ Limited Customisation Options

[Pizza | dRen @pizzadren]

@shaggyrax I know @FluidTokens is working on something behind the scenes

[FluidTokens @FluidTokens]

We executed the first Atomic swap between Cardano and Bitcoin 🔵 🟠

→ 1 BTC block, ~10 minutes for 100 tADA into 10,000 sats
→ No bridges, no custody, script to script at slowest-chain speed
→ EVM ready, testnet soon

A new primitive for Cardano liquidity

Proof of Tx👇

[Pizza | dRen @pizzadren]

@rexliu @snek Well, readers can always click the translation button to read😉

But I'm okay reading both languages

[Pizza | dRen @pizzadren]

@dori_coin Imo, I can also see similar trends for Cardano if the parameters don't change despite having much lower hardware requirements

[Pizza | dRen @pizzadren]

@cardanoneko Yeah I saw that too, but Juventus's current financial health is actually quite poor, so no surprises if the takeover will eventually be successful haha

[Pizza | dRen @pizzadren]

Buy Juventus match tickets with USDT😯

[Tether @tether]

Tether Submits Proposal to Acquire Juventus Football Club 🦓

Read more: https://t.co/CDv8OosqFU

[Pizza | dRen @pizzadren]

@CardanoNoodz @RE_Games @Porsche You still need your Porsche to find ADA

[Pizza | dRen @pizzadren]

@Quantumplation So they are gonna make her John Wick with anti-Kryptonite steroids 😂

[Pizza | dRen @pizzadren]

@cardanoneko @bobasfk And then me being assigned on day 360

[Pizza | dRen @pizzadren]

Huh.😑