Token channel is the new Orange. Revdis channel is the new black. OR a twitter bot that does this automatically.
#Set up a Revdis channel with wallet balance announcements every 24 hours
rapid dragon
silent hornet
A running live tally of the total revdis pool on the staking overview page would be great. At the moment the revdis income seems to go to various wallets but it isn't so easy to track. Also could be worth correcting the "total amount staked" number on that page.
spice ridge
Would be very 👍
tough seal
I think this would be nice to see on the site under staking. No need for a channel. While this isnt setup yet can check the ILV wallet for the amount of ETH as a stop gap
sage cove
The potential problem is on-chain guys can frontrun the vault in buying ilv and profit from the buying pressure.
fleet nova
wen
silent hornet
The potential problem is on-chain guys can frontrun the vault in buying ilv and...
but couldn't they be informed anyway by following the various wallets? I thought the info was public anyway, just difficult to see in one place? 🤷♂️
sage cove
but couldn't they be informed anyway by following the various wallets? I thought...
You are probably right. Tag a blockchain guy here to answer for all of us. It's a good idea
thick fog
Display on the website would be a great idea. It’s a huge benefit that the project provides w need to be shouting about it everywhere
spice ridge
Im actually not sure if they would want to be so open about it
rapid dragon
The potential problem is on-chain guys can frontrun the vault in buying ilv and...
The randomness of the buybacks was the way to get around front running. I imagine everyone is constantly going to be looking at revdis so there will be a lot of that already factored into the price. I also posted a let's reduce the eth minimum from 500e to 250e and now I'm wondering whether we should reduce it to just a million USD for the next little while. So the team can accumulate more tokens
Imagine if eth went up to 10k and we won't get any revdis for 2 years.
Is $1m more than 500e? Cos if so, that's embarrassing for me. Oops
silent hornet
At current prices 500 ETH approx $1,635,000
rapid dragon
Ok so then 250e is less than a million. Let's just set the minimum at ten bucks. Idk
spice ridge
Could just do it on a daily base, transfer some eth out every day out of the imx wallets and slowly fill the main net wallet. So front running ain’t that easy