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FatManTerra's profile
FatMan
FatMan
FatMan
@FatManTerra

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FatMan

@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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    1. FatMan‏ @FatManTerra Jun 4

      Delphi incubates Astroport, Terra 1's highest TVL project, so under this model, Astroport would receive the lion's share of the emergency funding. Although Astroport will undoubtedly provide a lot of value to Terra 2 and requires more funding, is it really an emergency? (7/17)

      1 reply 5 retweets 66 likes
      Show this thread
    2. FatMan‏ @FatManTerra Jun 4

      Fights often break out across the chat and the chat has to be put into slowmode from time to time so people can calm down. For example, here's an exchange between Nexus and Stader, both fighting for a piece of the pie under both distribution models. (8/17)pic.twitter.com/tEYVeC2Mtq

      2 replies 8 retweets 82 likes
      Show this thread
    3. FatMan‏ @FatManTerra Jun 4

      In this exchange, Stader is asked a direct question relevant to their entitlement to the emergency fund, and they skirt around it - as you can see, greed is rife, and the immediate goal of getting builders back on their feet is not being thought about in the right way. (9/17)pic.twitter.com/FbFnwsxQsh

      1 reply 9 retweets 79 likes
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    4. FatMan‏ @FatManTerra Jun 4

      Here are some examples of great projects that may be unfairly cut out using a mostly-TVL-based method, and it makes sense to me that a neutral committee of trusted community members is formed to make decisions about allocations in a holistic manner (for at least 50%). (10/17)pic.twitter.com/ui1mYr9vcA

      1 reply 9 retweets 75 likes
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    5. FatMan‏ @FatManTerra Jun 4

      This voice summarizes the discussion quite well. Terra is hurting, and it's vital, now more than ever, to protect small teams & small builders who are passionate about the community. Having them move to other chains out of necessity will cause an irreparable rift. (11/17)pic.twitter.com/yPMsM86wEd

      4 replies 18 retweets 140 likes
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    6. FatMan‏ @FatManTerra Jun 4

      In a convenient plot twist, Delphi discovered that vote bribery was being organized behind the scenes. I don't know if it's worse for this to be real or fake - but, either way, governance devolves further and Delphi starts pushing for the non-voting side even harder. (12/17)pic.twitter.com/rEXwPYPVBj

      2 replies 14 retweets 78 likes
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    7. FatMan‏ @FatManTerra Jun 4

      The new proposal, ratified by Delphi and Do, is not that bad - it's balanced, and although the non-TVL half isn't wholly voting-based (eight specific candidates have been selected, eg. $700k goes to Will Chen's Terran One), there will still be healthy community input. (13/17)pic.twitter.com/Xz9XKZ19ow

      9 replies 10 retweets 92 likes
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    8. FatMan‏ @FatManTerra Jun 4

      Some builders, however, take issue with Do Kwon shoehorning his own preferences into the allocation system. At several points in the conversation Do tells protocol builders to shut up due to their 'conflicts of interest', confidently stating that he is free of them... (14/17)pic.twitter.com/e7Sg2Ibh5B

      7 replies 15 retweets 91 likes
      Show this thread
    9. FatMan‏ @FatManTerra Jun 4

      ...But he doesn't care to talk about his own conflicts, namely, the pressure being put on him from various VC funds to make up for losses. He didn't disclose the Jump bribe, and he's actively lying about TFL not owning any LUNA - why would anyone expect the truth now? (15/17)pic.twitter.com/LUNFVzfGpC

      13 replies 21 retweets 122 likes
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      FatMan‏ @FatManTerra Jun 5
      Replying to @StefanKomen

      Terra Classic is on a path to becoming a ghost chain - I'd be pleasantly surprised if it's still functional in three months

      1:11 AM - 5 Jun 2022
      • 8 Likes
      • 🇧🇹Fredthefoodphotographer🇧🇹 GoldenFox Wendy Lambo ibr63 dcfar12 Gepard Stefan Komen Biritoc
      3 replies 0 retweets 8 likes
        1. Raiden‏ @Musclebaby2 Jun 5
          Replying to @FatManTerra @StefanKomen

          Now the validators of V2 are voting to "govern" V1, and the proposal has passed before V1. I don't know what they want to express, lunc holders just look at v2 to govern v1. The reason for not opening v1 staking is fear of governance attacks

          0 replies 0 retweets 1 like
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        1. Raiden‏ @Musclebaby2 Jun 5
          Replying to @FatManTerra @StefanKomen

          so I can understand that they want to take over V1 and V2

          0 replies 0 retweets 1 like
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        1. New conversation
        2. Stefan Komen‏ @StefanKomen Jun 5
          Replying to @FatManTerra

          It could be dead quickly, however I am trying to figure out why Binance is connected to most of the top leaderboard burn addresses, why does Binance want to be involved this much? They act like a ghost, and created their own chain on itpic.twitter.com/LkP7qWtclz

          5 replies 0 retweets 0 likes
        3. GoldenFox‏ @GoldenFox369 Jun 5
          Replying to @StefanKomen @FatManTerra

          What?

          0 replies 0 retweets 0 likes
        4. End of conversation

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