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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

      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
      Show this thread
    2. 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
      Show this thread
    3. 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
      Show this thread
    4. 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
      Show this thread
    5. 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
    6. 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
      Show this thread
    7. FatMan‏ @FatManTerra Jun 4

      Terra 2 may succeed as a truly community-owned chain, but it appears TFL is hell-bent on making sure this doesn't happen. I hope things change, but multiple builders are reporting that the chat is in complete disarray and there is a lot of pent up resentment towards Do. (16/17)

      21 replies 20 retweets 168 likes
      Show this thread
    8. FatMan‏ @FatManTerra Jun 4

      Here are some bonus shots. While I love a good joke, I also find it sickening that Do Kwon has the ability to act this chipper after people have literally died at his hands. Three people in direct contact with me are starving and are counting on the LFG refund to survive. (17/17)pic.twitter.com/YymhBNAqYa

      101 replies 43 retweets 288 likes
      Show this thread
    9. َ‏ @undeterrable Jun 4
      Replying to @FatManTerra

      Why is terra bites in that group chat? They took $400m from the community fund a few months ago, promised a bunch of projects & dev tools, went MIA when shit hit the fan, they rebranded & removed Terra from their name, delivered nothing.

      4 replies 1 retweet 18 likes
    10. Chris Amani‏ @fleece_cannon Jun 6
      Replying to @undeterrable @FatManTerra

      Terra Bites did not take $400m from the community fund, they took $400k for an entire year of coverage and they earned every dollar of it. Be honest.

      2 replies 0 retweets 10 likes
      FatMan‏ @FatManTerra Jun 6
      Replying to @fleece_cannon @undeterrable

      I was wondering... $400m for a podcast would be insane. No way that was real. Also, dear fleece cannon, could you check DMs

      12:26 PM - 6 Jun 2022
      • 4 Likes
      • Farzam Andrea Gepard Avaxin 🔺
      1 reply 0 retweets 4 likes
        1. Sunil Rai  🌕‏ @Sunilr8790 Jun 7
          Replying to @FatManTerra @fleece_cannon @undeterrable

          How much did tfl squeeze thru the project dawn shitshow

          0 replies 0 retweets 0 likes
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