Ruby Finance @Ruby_Protocol
The first algorithmic token pegged to $USDC on Kava.eth chain. Joining Kava Pioneer/Rise Program https://t.co/cl0HLPpSek $RUBY $KAVA ruby-finance.com Joined March 2022-
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7% 3/25/2024 Long Live Points
Aperture 🤝 PancakeSwap
💡PancakeSwap is now integrated with @ApertureFinance for seamless liquidity management with AI-powered intents Automated Rebalance Automated Closure Auto-Compounding Fee Revenue Earning Limit Order 🪂Join the INTENTional Campaign for the $APTR airdrop blog.pancakeswap.finance/articles/panca…
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👩🏫 Whiteboard DeFi: How AI Powered Intents Work - How will AI shape all commerce in the coming years? - And how will this revolutionize our on-chain world?
Great wrote up about the centralization on #Kava The problem is that not many users(except for active community members) know the Kava team has dominant voting power to control results. Kava is a relatively old chain in COSMOS eco-system, but is far from decentralization.
1/ In this new episode of Governance in Cosmos: let's talk about Kava proposal #96 and the general governance situation on that "decentralized" blockchain. The proposal has been rejected a few hours ago, and I took some time to extract on-chain data and see what happened 🧐
@dimiandre Thank you for sharing this sheet. One question: How did you detect "Kava Labs / Foundation / Team Member"'s wallets? I know some of their wallets but didn't expect 17 wallets in total.
I was tagged in this thread & taken aback once I realized a protocol ON the $KAVA chain is calling out the developers for doubling the $KAVA supply in a year in questionable ways. Check it out #IBCGang/#Cosmonauts.
1/ What's happened in Developer incentive program on Kava chain: In short, Kava team distributed 99% of the reward to team's wallet while other outside developers received 1%. app.kava.io/vote/governanc…
@Scott_Stuart_ 1) Scott it seems Kava labs should just have been excluded from payouts all together. Then set better minimums on how/who gets the payments. Maybe a modified proposal. Why dilute token holders to essentially excessively increase Kava Labs platforms.
@Scott_Stuart_ Do you think its a fair competition to put own protocols has fruntrunner with existing liquidity of 300 millions?
Do we have any official answer on this @Scott_Stuart_ or are you going to ignore it as you are doing for the last many weeks? Why create a program to take Kava from Stakers and then distribute it between your own 3 protocols? @kava_platform
1/ What's happened in Developer incentive program on Kava chain: In short, Kava team distributed 99% of the reward to team's wallet while other outside developers received 1%. app.kava.io/vote/governanc…
1/ What's happened in Developer incentive program on Kava chain: In short, Kava team distributed 99% of the reward to team's wallet while other outside developers received 1%. app.kava.io/vote/governanc…
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