Dear $juno community. Think twice before buying any airdrop or coin that gets listed on junoswap. There will be lot’s of scammers attracted to this ecosystem so don’t ape into random shitcoins that get listed there.
$primo was just one example and I expect more to come.
Storage Deposits 📥
• GNOT is locked as a storage deposit whenever data is persisted in a realm.
• The current storage price is about 1 GNOT per 10 KB. More smart contracts = more data = more GNOT locked.
• The more storage-efficient your smart contract is, the more likely the users will choose your app to avoid paying extra storage deposits.
• Deposits are returned to users once the data gets cleaned up.
• https://t.co/PO7Ij60ta1’s design makes on-chain storage scarce and sustainable while encouraging efficient code and active data management
• Owning $GNOT means reserving ownership of storage on https://t.co/PO7Ij60ta1
Recently @jaekwon attended @devmos2024, hosted by @osmosis and with a contagious energy he dived into the world of https://t.co/NRRPPyOHwv tech. Catch insights on:
- GnoVM
- Gno language
- General tooling
- Tendermint2
You don’t want to miss this:
https://t.co/0hNpMIlJDw
1/ 🌟 The vision of Gno Studio has arrived - The Premier Builder Suite to create atop https://t.co/os4yZwdTJH. Find out what’s in store and explore the beta apps, like the newly released Gno Studio Connect.
👇
https://t.co/wOfTMqSnGV
@0xJermo@0LNetwork maybe the thing now also is that some who knew made a choice not to take advantage of that vulnerability while some did instead of finding a fix. Maybe. But If i was one, i woulda done the same given the mindset of it an exprment almost like a worthless meme, but consequences
@0xJermo@0LNetwork would be much easier to fix, simple return the coins only bought, go after the seller urself. But not every did that, many have been moving their coins, selling aswell. I dont belive it wasnt a discount, i myself had bad 600k libra bro.m in a wallet lucky with only 600+ towers
@0xJermo@0LNetwork but maybe some people used to fromtrunning things with big money and insider contacts really could risk things what normal system abiding investors couldn't. That It was highly experimental to the extent spending is a big NO was the one BIG TRUTH that justifies the fork.
@0xJermo@0LNetwork Also, the first time I arrived and asked about the token, i was told there's no token yet, but that if i meant gas, tehy said "gas" was used for transactions. They only ever called it called it "gas". No Libra, No OL. So i just mined. I asked if i could buy gas, but werent allowd
The cool thing about $LIBRA is no VCs or validator to dump on you.
Community Wallets can have any of their spends vetoed by validators.
They can only send money to slow wallets that best over time.
Their mission is sustaining the project and eventually public goods.
https://t.co/jvT3IhfP0L
$LIBRA is live on Osmosis.
Below is an explainer of the $LIBRA project for Cosmosnauts who might want to join the community.
0L is a pretty unique blockchain project. It started being conceived in 2019 soon after the Facebook Libra effort was announced. The Libra codebase was heavily inspired by the Tendermint and Cosmos codebase. It was very fun for me to experiment with.
The idea was bootstrap a kind of next gen Cosmos network on the Libra codebase but with no funding or ICO so we decided to implement an old @dominic_w idea called puzzle towers as personalized proofs of work.
Second, the network capital was entirely formed from voluntary donations of the validators and early minters.
From this idea, a unique asset was born. Volunteers have been banging away at this for years without any clear path to liquidity. The only way to earn tokens was sweat equity.
About 80% of the network is locked up in community wallets in slow wallets that become liquid over time and community wallets.
Also a pretty large fraction of tokens are actually held by established not for profits with a social good mission. You might see that one community wallet is being held of behalf of the Danish Red Cross. https://t.co/5nkYNdIlwV…
Basically we used Facebook's code to build a work owned collective on a blockchain and now it's becoming linked to the wider ecosystem for the first time.
It's no longer an inflationary token. While it has been fully upgraded to the Aptos codebase as the successor to codebase. The vision is to make $LIBRA the best possible asset and not try to run the standard L1 go to market of meme coins and gaming projects.
This project has been known for tremendous patience and tenacity to make it this far and I hope that spirit continues as the community expands.
This is a one of one like Bitcoin. A product of a small group of people who built something that wasn't really driven by the short term crypto market cycle.
Now it's become way easier to join the community via https://t.co/KamkAaqmNz
If you have questions, hit me up.
For anyone in cosmos thinking what this is
@0LNetwork is a move based chain (3rd move chain on mainnet right now)
libra Mcap is 30.5m
sui mcap 2.6b
aptos mcap 3.7b
Unlike $SUI and $APTOS libra doesn't have any VC funding.
you do the math