FatMan on Twitter: "Nah, TFL literally controls them https://t.co/grinzBbk55… "

@FatManTerra

FatMan from the Terra Research Forum I provide research, updates, and analysis on the Terra situation as it unfolds. Views are my own opinions.

fatmanterra.eth

Joined May 2022

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FatMan‏ @FatManTerra May 31

Replying to @TheNaller @TheRyanLion

TFL directly funds and incubates Prism. Ask them yourself.

1 reply 0 retweets 0 likes

Naller‏ @TheNaller May 31

Replying to @FatManTerra @TheRyanLion

So you are saying all of prism’s funds to develop come from tfl?

1 reply 0 retweets 0 likes

FatMan‏ @FatManTerra May 31

Replying to @TheNaller @TheRyanLion

Not all, but probably most. Wouldn't know exact figures.

2 replies 0 retweets 0 likes

Naller‏ @TheNaller May 31

Replying to @FatManTerra @TheRyanLion

I mean cant we say that about most protocols. Day 1 they have an idea and will apply for funding and grants to build. No different than any other ecosystem. Would love to see some verification on that considering that you have many insiders and this would be common knowledge

1 reply 0 retweets 1 like

FatMan‏ @FatManTerra May 31

Replying to @TheNaller @TheRyanLion

Yes, you can. My core point is my most vocal critics are a part of this group - people who are directly benefiting, financially, from TFL remaining in power. Me shining a light on the truth is dangerous for their bottom line. That's all I'm trying to say.

1 reply 0 retweets 0 likes

Naller‏ @TheNaller May 31

Replying to @FatManTerra @TheRyanLion

I am not sure where this power lies TFL no longer controls the community grant pool. Any power they had is now gone with the airdrop. I personally did not involve myself in the discussions on airdrops because theres no fair way to do it and its more important to build.

1 reply 0 retweets 0 likes

FatMan‏ @FatManTerra May 31

Replying to @TheNaller @TheRyanLion

TFL sends out money to the builders, dude...

1 reply 0 retweets 2 likes

Naller‏ @TheNaller May 31

Replying to @FatManTerra @TheRyanLion

What money do they have? Luna or luna classic. Are they still giving out funds for no reason? Tfls big wallet of ~300 mill was not included. Im not sure where they have the money to give out at this point.

2 replies 0 retweets 0 likes

FatMan‏ @FatManTerra May 31

Replying to @TheNaller @TheRyanLion

10% of the funds go to the builder multisig. They have secretly siphoned over 3% of the supply back to themselves through shadow wallets. Sorry, but I've documented all of this over my feed, please go have a look - I don't like having to repeat these things over and over.

1 reply 0 retweets 0 likes

Naller‏ @TheNaller May 31

Replying to @FatManTerra @TheRyanLion

Ive followed through with most of your tweets. My understanding is that 10% is no longer in their control and we have no idea who controls the 3%. Theres a chance the 3% is with tfl or it could be a old employee early investor. Im not sure if theres a strong incentive for that 3%

1 reply 0 retweets 0 likes

FatMan‏ @FatManTerra May 31

Replying to @TheNaller @TheRyanLion

FatMan Retweeted Pedro

Nah, TFL literally controls themhttps://twitter.com/pedroexplore1/status/1530477671507017728 …

FatMan added,

Pedro @pedroexplore1

Labels are deductions: TFL Project Dawn + trade: 11M Luna [https://finder.terra.money/classic/address/terra1uza3c9hpnp50np7t8ph5s5vqc0alggvv57q7zu …] TFL Market Making: 700k Luna [https://finder.terra.money/mainnet/address/terra1x04xgtwlw72gtfzrq7nfwmr6eexla8ecljw28z …] TFL unknown reasons: 2M Luna [https://finder.terra.money/columbus-5/account/terra13n0lynp9s8ks8gm3nzcgakg0dl8athnu8xscde …] Has tx's with above: 700k Luna [terra1h5el75ha0zdwfawgxs6z0shqcw3m8r53f0wqrl]

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1:38 PM - 31 May 2022

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1. Naller‏ @TheNaller May 31
  Replying to @FatManTerra @TheRyanLion
  
  That corresponds to the 3% which i expect them to remedy. My only concern is using a small percentage of allocation to assume the entire this is broken. I dont think you can find a single person that thinks the allocation was perfect hopefully these funds can be redistributed
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