Why so pvp
Have we run out of suits to make fun of
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Out of dawn funds (5M unlocked last year) we’ve thus spent $0. Can’t reveal all the cards yet, controversial project, forgive the secrecy
3M monthly withdrawals have nothing to do with dawn but comp and overhead- I’m repeating this monthly, tiring tbh
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First I’ve seen of this in 9+ months - must be non Twitter channels
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67 references on tg
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Why not put it somewhere on the website to be always there and easy to see
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How about I am not customer support and I don’t run TFL from Twitter advice
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Well no need to be rude to the community asking questions. You are playing with lots of people's money so its pretty normal transparency is a key.
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Nothing rude to be seen....if you invest the onus is on you to search for more information on your project.... has twitted about Project Dawn more than a thousand times ...
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Nobody said Project Dawn is an issue. But when people ask for transparency where 3mil LUNA is spent monthly, saying its comp and overhead, thats one hell of a bankroll per month. In this space if you are not transparent then don't complain you get tons of FUD.
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Well, look at things from this perspective
When an investor buys tokens and it goes up 500x, he enjoys the economic upside by 500x
Same for tfl employees - tokens earned has same volatility as tokens bought - what seems like a lot of money now was only 5M ann rate 2 yr ago
We choose not to disclose granular details about each employee comp - humans are not good at being objective about their relative value add, and comp disparity is emotionally devastating in most cases.
We have revealed data points on my personal holdings and compensation 😛
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Look, I don’t know how much of this will ring true, but I honestly don’t care about money and have no interest in making more of it
I work at TFL because I believe we need a decentralized money for decentralized web3 economies, and Terra is the best option available
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Fair point. Even though people are greedy and selfish and most of the time deserve to get liquidated as they all want a free lunch. Still no need to be rude, we should be better then that :)
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I’ve made this conscious choice years ago to speak without a filter.
I get asked a high volume of questions and DMs and emails, costing varying degrees of stress
If I chose to be polite to all of them, I would not be able to do this job at the same level of responsiveness
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Just use this gif as your reply forever (coincidentally you used on me in a space when I asked a dumb question) ♻️❤️
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