🧠Compass - (un)securities?
My priority has now changed to assessing if the tokens described in the endgame plan are securities. If this is the case, I will see if it is possible to recommend changes to steer clear of malcompliance. The work can be found here: https://docs.google.com/document/d/1Z4qXcd5LUolUQ1I6-67HUX9xzqmqWLATa-TX7kGmHK0/edit
🧠Compass - (un)securities?
My priority has now changed to assessing if the tokens described in the endgame plan are securities. If this is the case, I will see if it is possible to recommend changes to steer clear of malcompliance. The work can be found here: https://docs.google.com/document/d/1Z4qXcd5LUolUQ1I6-67HUX9xzqmqWLATa-TX7kGmHK0/edit
Happy Merge
Happy Merge, all! https://www.ultrasound.money https://twitter.com/VitalikButerin/status/1570306185391378434
Happy Merge
Happy Merge, all! https://www.ultrasound.money https://twitter.com/VitalikButerin/status/1570306185391378434
Tokenomic thoughts - time-barred rights to yield
Rights to future yueld The purpose of this model is to let the users who create value e.g. to a DEX today have a part in the future profit of the DEX. Tokens are issued with a predefined cap, initially owned by the DEX. Every month 20% of the cap is distributed proportionally to the users who create value for the DEX. The distribution can be done in pools/seasons, e.g. every month etc. Vesting period The first month after receiving the right to future yields is a vesting period. Depending on ...
Tokenomic thoughts - time-barred rights to yield
Rights to future yueld The purpose of this model is to let the users who create value e.g. to a DEX today have a part in the future profit of the DEX. Tokens are issued with a predefined cap, initially owned by the DEX. Every month 20% of the cap is distributed proportionally to the users who create value for the DEX. The distribution can be done in pools/seasons, e.g. every month etc. Vesting period The first month after receiving the right to future yields is a vesting period. Depending on ...
Looking for sources - please help: A DAO should expect people to join that are trying to steal, betray or embezzle
As an old fan of Andreas Antonopulus, I have time after time heard that what defines a blockchain compared to a traditional database is the following 6 characteristics, a blockchain is: -Open -Boarderless -Neutral -Sensorship resistant -Immutable, and -Permissionless. A DAO is a specific type of organization or organizational structure, that ideally is imitating some or all of those characteristics. By being open, a DAO should allow the nature of all people, including anons. This also means, ...
Looking for sources - please help: A DAO should expect people to join that are trying to steal, betray or embezzle
As an old fan of Andreas Antonopulus, I have time after time heard that what defines a blockchain compared to a traditional database is the following 6 characteristics, a blockchain is: -Open -Boarderless -Neutral -Sensorship resistant -Immutable, and -Permissionless. A DAO is a specific type of organization or organizational structure, that ideally is imitating some or all of those characteristics. By being open, a DAO should allow the nature of all people, including anons. This also means, ...
Developers of open source code are scared - and I understand them
The developer of some of the open source code that was used on the TornadoCash smart contract, Alex Pertsev was arrested in the Netherlands. The charges are suspicion of involvement in concealing criminal financial flows and facilitating money laundering. https://twitter.com/sccanavos/status/1559530518043148290 If you are a developer and have any questions you would like answered in this regard, please send them to me at yourfriends@balloonist.xyz - if you want to remain anonymous, you are we...
Developers of open source code are scared - and I understand them
The developer of some of the open source code that was used on the TornadoCash smart contract, Alex Pertsev was arrested in the Netherlands. The charges are suspicion of involvement in concealing criminal financial flows and facilitating money laundering. https://twitter.com/sccanavos/status/1559530518043148290 If you are a developer and have any questions you would like answered in this regard, please send them to me at yourfriends@balloonist.xyz - if you want to remain anonymous, you are we...
