September 5, 2024 • 33 mins
00:48 Scams
01:34 DEXScreener
03:29 Emurgo Changing Pools
06:56 Trezor 3 Hackable
09:01 Snek.fun
10:37 V2 Scripts
12:27 DRep Status Update
14:35 Should DReps BE Compensated
25:30 DEX Swaps Got More Expensive
28:50 CF Adds Cardano Summit to the Marketing Budget
01:34 DEXScreener
03:29 Emurgo Changing Pools
06:56 Trezor 3 Hackable
09:01 Snek.fun
10:37 V2 Scripts
12:27 DRep Status Update
14:35 Should DReps BE Compensated
25:30 DEX Swaps Got More Expensive
28:50 CF Adds Cardano Summit to the Marketing Budget
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
A ADA news update for you guys, and in this video,
we'll look at whether or not de reps delegated representatives
should be compensated for their time and effort in the community.
So we'll look into that, and also some drama or
something that's popped up around the Kadana Foundation injecting in
a budget request into the marketing proposal for Intersect coming
(00:23):
up very soon and cry out for a transparency or
something like that. But we'll go into more details around
that and see what's exactly going on. Was have a
bunch of other news updates as well in this one,
so stay tuned. I've got a lot to unpack here.
Let's get into it. Hey everyone, I'm Pitybwy and make
sure you hit that like subscribe notification belt on your
(00:44):
way in and let's get straight into this one here.
I've got a lot to talk about. So first off,
a reminder for you or that are these scams going
about If you see a live video saying a to
giveaway or anything like that and you have to send
aida to an address, that is a scam. If you
get air drop these tokens within your wallets saying go
to this website we've got an air drop token giveaway.
(01:07):
It's most likely a scam as well. If you look
at these various tokens within your wallet on pool tool
to io, or if you use Eternal or Jerro wallet,
they all have these security mechanisms in there that alert
you that these are scam tokens. So please be aware
of that. There are a lot of scams going on
at the moment, and I don't want anyone that watches
my channel to tell me that they got scammed, So
(01:28):
please do keep out for keep an eye out for
these scams. All right, let's get into these news topics here.
So now the first rumor that we have here is
around deck screener, and there's been a lot of repeated
tweets just like this one here saying something about bringing
Cadano tookens to deck screener. And for those that don't know,
deck screener is a real time decks analytics platform so
(01:51):
pulls in all of these these tokens across multiple different ecosystems,
all these different chains, all these different decks across all
of DeFi, and it's a really good place to have
a look at what's going on, what's trending across the
entire crypto space, but for a long time, Kadano hasn't
been in here. Solana has been dominating on here as
(02:13):
well as a lot of these other chains. A lot
of these are EBM chains, so if you manage to
integrate one, you can copy paste and integrate the rest
of them. So it's really easy thing to do. So
you know, that's why we don't see Kadana in here
because it works slightly differently and it takes a little
bit more work. So is it's worth their time and
effort to do now? From what I've heard down the
(02:36):
Grapevine deck screen is having CARDONATD tokens integrated and we
will start to see this website which gets a massive
amount of traffic people watching and getting alerts about what's
happening across all of DeFi will start to see Cardano
tokens pumping in here and it's catching the attention of
various people that are looking to see what's going on
(02:58):
across the space. This is super exciting to hear. I'll
let you know as soon as it comes out, and
we'll see exactly what looks like and what type of
rankings Cardano tokens get compared to some of these other
meme coins across different ecosystems, and you can see a
lot of them do look like meme coins here, they
don't look like anything really serious. So hopefully we see
(03:21):
some of our really serious Cadano tokens Kanana projects being
listed on here and rank rising up to the top
of the ranks too, so that'd be awesome to see. Now,
if you're delegating your aid to any of Amergo's or
Euroy's pools, you're going to have to move your AIDA
delegation here. And this is absolutely crazy. So Amergo here
(03:43):
have put out a Twitter thread and x thread here
talking about them upgrading their servers, upgrading their pools to
brand new infrastructure, so it's more optimized, it's faster, it's better,
it's more cost effective for them as well. But in
the process they've actually had to decommission Amergo one, two
(04:03):
and three and four and now have to redelegate to
Amergo eight. So they're rearranging everything here and you have
to move your AIDA around otherwise you won't be earning
these rewards. Now these pools are actually retiring, retiring and
not being available within a month. So you can see
(04:24):
here these ones are all grade out Amergo one, two, three,
and four, they're all being grade out and these are
the ones that you need to move to here. You know,
the really annoying thing that I find here is that
a lot of delegates that stake their aida stake it
and then never look at their wallets again. They might
look at their wallets in six months time, and a
(04:45):
lot of users in this case would miss out on
all those eight awards and helping to decentralize and secure
the network. So this really annoys me. I know, like
Amerga has operational costs and they have to you know,
keep that cost down. But you can actually use your
(05:07):
pool keys from Amergo one on the new infrastructure. You
could just migrate those those pool keys over and have
it all on Amergo six and then you know, on
the Murgo six infrastructure and have it named Amergo one
so it wouldn't affect the users and you still have
optimized infrastructure for your pool. So I don't know what's
(05:30):
going on there. It doesn't really make sense. But if
you are delegated to Amergo one, two, three or four
or EU roy as well, check your pool because you
may not be getting any rewards very very soon, so
check your wallets, make sure your pool operator is still operating,
and move to another pool if you need to. The
pools here they're on the slightly on the higher side.
(05:54):
So the EUROI wallet has this brand new notification here
as well, so you can see that the pool is
retiring and it gives you this big warning prompt, Hey,
your pool is not earning rewards. Update to continue earning.
So you can see that notification there and you can
see here Omerga one retiring. Go to Amergo new which
(06:14):
is Amerga II, and you'll be able to still earn
your rewards. Now these here, the estimated return on AIDA
five percent. That's that's pretty high. That's pretty good. But
the fee here is three point two percent. If you
have a look at some other pools, the fee that
that gets taken out the pools can be a lot
cheaper and you still get a quite nice high return
(06:35):
as well. So shop around, have a look at the
various pools out there. You can get a better return
on your AIDA as well as well as still securing
and delegating to the ecosystem, participating in governance and all
sorts of other things. So have a look at where
your aida is stays. That's the moral of the story here. Now,
(06:56):
this is a pretty interesting security vulnerability that small Kaz
mentioned here as well, and it is vulnerability found in
the secure element the infineon SL seven eight chip. This
is found in the ubkeys and the Traser V three,
so the tradser hardware wallet can be a compromise of
course with the Traser. Here it also mentions that you
(07:18):
do require the pin to sign the message as well
when you're as signing transactions, so it isn't as useful.
But you can extract the private keys from this particular
secure element, So this is rather alarming. Now I do
have ubkey, a ubkey that could be compromised, but of
course you still need the physical device. And the other
(07:40):
point here that small puts out that to extract the
private key you do need some serious equipment here, costing
up to ten thousand dollars for this particular equipment. But
you can extract the private keys within five minutes, So
overall not too alarming because you do need to be
able to get that particular hardware device. You do need
(08:01):
the hardware to extract it as well, so it can
It is possible, but highly unlikely because for me myself,
if you were to try to hack my ubkey, you
need to actually find the device. And I was actually
going to show you what a ubkey looked like, but
I cannot find where my ubkey is, so that could
(08:22):
be another problem that I have at the moment. But anyway,
something to keep in mind if you are looking at
hardware devices, if you're looking at a ubkey to create
a private key paper wallet for example, or if you
are looking at a hardware device like a tracer as well.
So there's a lot of other alternatives. This here, the
Tangent cards, these things I'll go a video review coming
(08:45):
up soon. And also the Keystone hardware wallet. This is
a fantastic device. Actually use that one to register as
a DRAP as well, so that is a really good thing.
If you want more reviews about that, I have them
coming up on my new channel links down blow for
you guys. So this is a pretty cool and interesting
news update that it's going live. This is neck dot
(09:06):
Fun going live at two pmut C. That's midnight for me,
so I'll be well in bed by then. But this
is another pump fun to clone of what's happening Onsilana
launching all these meme coins and having a massive amount
of trade on there. So this is a collaboration between
Snack and splash protocol and they're bringing this one out.
(09:30):
So they've been working on this for the last one
and a half months to make this a reality, and
they are going to bring in a lot of trading
volume a brand new way of putting liquidity onto the
decks as well. So this is going to be pretty
exciting and to see this one come out on the
Condona ecosystem be really really good. I know a lot
(09:51):
of people do not like meme coins. I do not
trade mean coins myself. I've always been burnt by mean coins.
I do hold some Snack though. I bought some fun
just to see what happens. I lost. I've made a
loss on it, so you know that's that's what's going
to happen. But I do hold some Snack and I
do like some of the artwork that's going around it
(10:12):
at the moment. So if you are into meme coins,
if you are wanting to explore what Kadano has to
offer in meme coins, check out Snack dot Fun. The
website for me at the moment isn't quite up yet,
but will be upsoon. Snack dot Fun. You can find
out more information all the links down below, and if
(10:32):
I happen to be awake, I'll do a live stream
and see what's going on with the platform where it
actually launches. Now, this is a cool metric. Smog's been
pumping out all these really cool posts. At the moment,
Pollutus V two contracts have finally overtaken Pollutus V one
contract so now there is more volume going through V
two contracts than V one, but we could still put
(10:53):
almost twice as many scripts in each block by removing
the last twelve percent of V one transactions. Now to
do this, we still have a lot of liquidity on
mince Swap V one. So if you have any liquidity
on mint swap and you haven't touched it in a
long time now, it might be a good time to
(11:15):
start migrating that over to the V two vaults V
two contracts, so that's you one. You can actually get
some of the trading fees back because a lot of
liquidity is moving to the V two contracts, so the
liquidity and the swaps are being routed through that, so
you'll be missing out on the trading fees. That's whole
(11:35):
point of providing liquidity, right You're there for the trading fees,
and if the swaps aren't going through those V one
contracts anymore and going to the V two ones, you're
missing out. So make sure you look into moving that
liquidity over. I did do a video about this about
a month ago when they launched everything, so you can
check that one out links down below, so you have
(11:57):
a little bit of a guide on how to move
the liquidity over to a minstot be to pull, very quick,
very easy to do. You can actually do it on
mass as well. You can do a select door and
migrate and away you go. If you have large amounts
of liquidity, I do recommend taking your time and doing
it slowly, doing one at a time, pulling it out
manually and putting it back in manually as well. People
(12:19):
have told me they've had issues about that, so make
sure you look into that before diving deep and moving
liquidity across. Now over to the de reps at the moment,
the deleged representatives at the moment, there are a lot
of people that are delegating their wallets to the various
de reps in the ecosystem. Now, the only problem here
is that the numbers are still very small. It's in
(12:42):
the thousands of people that are delegating to de reps
and needs to be in the hundreds of thousands or
as many as possible. We essentially need anyone that is
self custody holding AIDA and delegating it to a STAPLE
to also delegate it to a de rep or abstain
or vote no confidence as default options on their wallet,
(13:04):
or become dereptor themselves. So you do have five different
options there. So we do need to actually move that
progress over over the next ninety days. So this is
a marketing message that needs to get across to everyone
out there that holds AIDA. Now, this here is a
picture of Micah Micro is the founder and lead developer
(13:24):
of Putane, a synthetics protocol that's building a Kadana. They've
gone through their second second audit, so they could launch
anytime really, but this this is Micah and here is
currently leading as the number one delegated d REP within
our ecosystem, with twenty five twenty five point eight million
(13:46):
eight delegated to him as a delegate representative. So all
hail King Micah. At the moment, he is the King
and CEO of Kadano with the most voting power, most
delegated voting power within the ecosystem. So go Mica. I'm
somewhere further down the list. I'm like a ranked twenty
or something. So keep scrolling, keep scrolling. I'm there somewhere. Okay,
(14:13):
that's embarrassing. I'll stop scrolling now. I'm down there somewhere
you can find me. But thank you so much for
everyone that's delegated to me. If you are wanting to
find other delegates, you can look through this website here
there's some absolutely brilliant people that have stepped up to
be de reps. But if you want to delegate to me,
I'll put links and references down below along with my
de rep id so you can do so. Now, this
(14:35):
has been a widely discussed topic within the CADNA ecosystem,
and this is around de reps getting compensated, or even
people that are working within working groups, etc. Getting compensated
for what they're doing. And this is what Alex has
to say. Now, Alex does work for the KADNA Foundation,
but of course they are also eight holders and want
(14:58):
to be a part of the ecosystem. Just working for
the Candanna Foundation doesn't mean they can't participate in governance
et cetera. Anyway. This is his hot take. Some people
calling for de reps, committees, working groups, special interest groups, etc.
Bureaucracy included to be compensated in the first year of
governance being live on Cardano. That's equivalent to encouraging an
(15:20):
entrepreneur to start paying themselves a salary in the first
year of operations before they found to market fit, let
alone profitability. This is second take on this. This is
the alternative, but it takes time and energy. Yes, it
also grants you power and likely benefits you as an
early mover in the Cadano governance. Look at the ITN
for spos, the incentralized test net for the sbos, the
(15:46):
first movers for staples. They benefited greatly because they were
paid with ADA during that time. So all of the
spos in the ITN phase that produce blocks, they are
paid with a lot of aided because they were up
all night working tasely to find bugs and fix those bugs.
(16:09):
In the ITN phase of the blockchain, the stakepools and
all that. So they were rewarded quite nicely for all
their hard work. And that could be seen as what's
happening right now with all the governance, everyone that is
putting in the time and effort and energy at the moment.
It's going to take a while. It's going to take
(16:30):
a lot of time, it's going to take a lot
of energy, a lot of work will be rewarded somehow,
I don't know how, hopefully well for all the time
and effort that you put into place. Let me read
further here for you guys, find ways to reduce time
and energy costs. Find ways to reduce the time and
(16:50):
energy costs. You could register a corporate de rep EG
and stage labs or set up a consorting EG pragma,
or band up as a coalition I gy, Codana, Atlantic
or whatever you want to call it. So this is
the idea and concept of instead of just having yourself
as a de rep, get a group together. So get
(17:11):
a group. Someone might be a expert in stapools, someone
might be an expert in governance. Someone might be brilliant
at marketing, someone might be excellent in business operations and
onboarding new businesses. So having that wealth of experience that
has spread across different sectors, different verticals, and coming together
(17:32):
as one single delegate representative as a collective means that
should be less work because you are specializing different areas
and that person that specializes in it for a particular vote,
particular governor's action that comes up can concentrate on that one,
so you don't need to work as much. I do
like the idea. Maybe I will form a coalition like
(17:53):
that so it could reduce the amount of time and
effort that I put into a lot of this stuff.
At the moment, still very early days, and I suspect
a lot of these governance actions. There won't be too
many of them over the first first year at least,
so we see how things go. The whole governance era
I see as being very fluid. I may have to
(18:14):
abstain from certain things because there might be conflict of
interest in what the actions are, and those cases, I
expect delegates to me to move their votes elsewhere so
that their voice could be heard. So that's how I
see it happening. I don't see like me holding a
lot of a massive amount of voting power forever delegates
(18:35):
should be active and seeing what's going on in the
ecosystem and move their votes around. But anyway, I don't
see the amount of work being high in the first year.
But we'll see, okay further here, Alex writes, And if
you can't fulfill the role as volunteer due to time
and energy costs, find someone that will. If there is
(18:57):
ever a tide that can lift all votes for Kadana,
it's the community optimizing towards getting things done adoption in
a cost efficient manner. I totally agree with that. Now,
the other thing that I'd like to bring up here,
I've done these roles before. I've done governance roles. I've
done volunteer roles in open source communities. I did a
(19:19):
lot of work in the Jumla content management system space
a long time ago, back in twenty thirteen, fourteen fifteen
around there, and I've put a massive amount of time
and energy volunteer work into that ecosystem to try and
drive the adoption of that content management system. I burnt
out and I never went back. I burnt out and
(19:42):
I hated it so much that I actually gave up
that content management system and moved elsewhere. Where my time,
energy and effort was better placed and gave me a
better return. That is something I don't want to ever
happen to me in the Kadana ecosystem. I don't want
to have to I don't want to be in the
(20:03):
position where I burn out. I put in all this
time and energy, and there have been times where I
have suffered burnout and I disappear for a month and
then I come back. So I can see the signs
when things happen and I just put the brakes on,
walk away from everything and just take a bit of
a break. It does happen, but hopefully that doesn't happen
(20:25):
in the Kadana ecosystem for myself and I disappear forever.
I've managed to stick around for just over three years,
so we'll see how things go. Anyway, let me have
a look at some of these opinions that other people
are saying within the ecosystem. This is here from This
is an opinion from state with pride. I do not
vote for de reps or ICC compensation. I'm a conservative
(20:46):
in treasury spend and monetary changes in the system. There
are plenty of government structures with no compensation. School boards Linux,
Apache Foundation list is very long. I agree with that.
The Patchy Foundation Linux, they support so many organizations. They
get a lot of donations from businesses and et cetera.
And a lot of the work is or volunteer base.
(21:07):
They do cycle through a lot of people though as well.
People volunteer, they work for a while and then they disappear.
They lose a lot of talent. Anyway, with a sub
one dollar eight, we really need to watch us spend.
I totally agree with that. Until Ada is well above
you know, one dollar, two dollars, three dollars, we really
(21:28):
need to watch what happens with the treasury. There isn't
that much aider really that's in there. But once that's
gone up in Valley, hopefully it does go up in
Valley very soon, we can spend a little bit more.
We can spend a little bit more aight equivalent to
USD for example, and it makes things a lot easier. Now.
It's interesting to note that in the Constitution, the interim
Constitution that we have at the moment, there is this
(21:51):
section in here about de reps being compensated. So it
has been thought of and put in place. Let me
just read this for you, especially for those that are
listening on the your podcast. De reps may be compensated
for their efforts to foster the creation of a professional
governance cohort for the Gadana blockchain ecosystem. De reps to
ensure that any compensation received in connection with their activities
(22:15):
as a de rep is disclosed. So it doesn't necessarily
mean it's coming from the treasury, could be coming from
third party sources or whatever it is. Just to say,
I guess if there's a conflict of interest from the
type of compensation they get. Let's say someone's paying me
lobbying me to do a particular vote, so there could
be a compensation. But you know, I've mentioned this in
(22:37):
other videos as well. Oh, if you want to see
the constitution, I'll put a link to it. This is
in the GitHub repo, which is just a working document,
but you can see the constitution full constitution document and
you can do the key word searches, etc. But there
has been talk about reward schemes for de reps and
(23:00):
a lot of different models that have been thought about
as well. I mentioned this in one of my previous videos.
But Yoda A Yoda, the guy that posts as a
little Yoda picture in this avatar profile, but he drew.
He put together these various diagrams that talk about how
(23:20):
de reps could be compensated for their time and effort.
So there may be a rewards pool total rewards for
every governance action that's put on chain. So you may
be asking for a million eight in terms of a
treasury pool. And a part of that is a rewards
competition for the de reps for their time and effort
(23:42):
to look into that particular governance action and vote accordingly.
So that would entice de reps to come in and
do the work necessary to give a good vote and
a good guidance the community in regards to what governance
action should happen. So there's five different models here. I
talked about the different models, and there's like fair models.
(24:04):
There's more models that are a biased towards the people
that I have a lot of delegates. So there's different
ways to look at this. So there are a lot
of models here and different ways that de reps could
be compensated, and there is conversations around this now anyway,
So let me know what you think down below. Leave
(24:25):
a comment down below. Do you think de reps should
be compensated. Should volunteer time be compensated at some point
in time, maybe after a year's worth of work, maybe
up to two years, whatever it is, let me know
what you guys think. It's you know, as for me.
I saw another poll. I can't find it, but someone
asked how much time per week would you see being
(24:49):
feasible to being a de rep. So it went from
like a ten hours a week five to ten hours,
twenty hours a week, thirty hours a week, or you know,
forty fifty hours a week, and the pole result was
roughly ten hours a week at the most. So if
the role of a d rep as a volunteer is
ten hours or less per week, I think that's feasible.
(25:12):
You could put the time and effort end to making
adequate and a good directional vote for governance actions out there.
So hopefully we do stick around that. Otherwise I would
probably have to step down as a de rep because
I just do not have that type of time if
it goes up to forty fifty hours a week. Now,
this was a little bit of an unfortunate side effect
(25:35):
of the chain hard fork, and one of them was
the costing models around the reference scripts. Now I mentioned it,
it didn't click to me in my mind. All I
knew that was, you know, they're putting a cost on
adding in a reference script to a transaction so that
we didn't have that de dos attack again, that spam
(25:55):
attack that we found in the Cadana ecosystem. But as
a result, this here, this is from Peruto works for Mintswap,
and what they've noticed here now is that what normally
would cost them zero point three to eight to do
a batching transaction now costs them twice as much as
zero point six. So now overall trading on Kadana, because
(26:19):
you're pulling in these reference scripts, so you're doing one
transaction and you have to execute a couple of smart
contracts because of that, and you're adding in more more
smart contracts into that execution. You are now suddenly seeing
more expensive transactions. So this will hurt the DEXes actually,
because this is a particular type of transaction that the
(26:42):
decks performs themselves to send it back to you. So
if you've ever traded on a dex and they said
there's a like a two to eight fee, this is
what it's for. This is what it covers this inclusion
of this script the reference scripts. Now at the moment,
a lot of the DEXes are doing a discount and
they're doing a promotional promotional cost here and they removed
(27:05):
it and put it down to one AIDA. And putting
it down to one AIDA isn't feasible. It means that
it's going to cost them more and put them possibly
out of business because it's costing them too much to
run the infrastructure, et cetera. So expect cost go back up.
There was a nice honeymoon period when Plutis V two
(27:27):
contracts went out and before this Conway hard fork, we
saw transactions on Dex's fairly cheap and we had these
batch of fees very cheap at one aid. Not for long,
not for long. We are going to see that those
fees go up. There is a comment down here about
how it works with Sunday swap here from Ray. There's
(27:49):
a governance process that they go through to talk about
their fee structure and how things are going and handling
that cost and upgrading and tweaking it and bring it
back up. So here we go raise fees great for users,
Yeah not so much. But you know, if it costs
you money to operate. These These are dex infrastructure bits
(28:11):
and pieces. You're going to have to pay for them.
Otherwise the decks will go out of business. Unfortunately, that's
how it works. So I at the moment, I do
see the fees going up at this point in time.
Maybe they go back down when the price of AI
goes up as well, so they hopefully can afford it.
Then because the price of eight has gone up, they
(28:32):
can pay for the infrastructure in fit and then reduce
the costs and aided to make the trading volume go
up as well, because as soon as ATA starts going
up and we're still training, it's going to cost us
a lot more money. So hopefully they work this one out,
adjust the cost for now, and then adjust it again
when the price of AID goes up again. All right,
last news story for you, and this one is around
(28:55):
the inclusion of the Kadana Summit budget for twenty twenty
five in the Marketing Working Group's budget. So the drama here,
let me just go to Shaggy's post here. The inclusion
here that they saw was the addition of the summit
(29:17):
within this particular budget, and there are there are budget
limits roughly fifteen million was what the Marketing Group was
settling on, but then adding in the Kardino Summit pushed
this budget out up to eighteen million. So that was
a large increase and could potentially make things a lot
(29:39):
harder for the Marketing Working Group to get their proposal
and budget across. Now, what the Shaggy was complaining about
here was where this is, where's the transparency? Where's this
three million eight to come from? How did you derive
that number? And it was up in arms about it
now and very vocal too, like cancel the Kardino Summit
for twenty twenty five. Anyway, Hussey got on board. He
(30:03):
wanted some transparency. Now. I went to check the discord
server and I checked to see what was going on
here so I could report on it more clearly. Unfortunately,
what happened here was I think Shaggy put this post
out way too early. And this is very similar to
(30:24):
the three UTXO situation when they had their pitch deck
released way too early. There wasn't any context behind it all.
There wasn't any understanding of what's going on. So the
Cadano Foundation put in that particular price tag for their summit,
but no one had asked them for contexts yet, so
(30:46):
they just put it in as a draft. You know,
it's a work in progress, and no one had asked
them for that particular data, so all they had to
do was ask for the data to be included in
there and then they can work out the budget accordingly.
So this is another one of those situations where it's like,
you know, we'll put down the information that we need
we think we need around this, what else do you
need to put in this document to make it better?
(31:10):
So it's just another moment where there's just drama for
the sake of drama. So if you see this one,
don't worry about it. It's a nothing burger. The Kadana Foundation,
from what I could see within immediately seeing this, like
why didn't you ask us for the data that you want?
We're more than happy to provide it to you to
(31:31):
make this the best process possible. So there will be
that data for the summit for twenty twenty five. There
will be Candana summit then as well, so hopefully I
can get to one of these summits one day. Otherwise
if they rip out this Kadana's Summit, I would have
never been to an official Kadano summit. That'd be very disappointing. Anyway,
that's all the news items have for this episode. Leave
(31:53):
a comment down below. There seems to be a lot
of drama around at the moment, and I think it's
all very unnecessari It makes Twitter crypto Twitter interesting at least,
But leave a comment down below let me know what
you guys think of what's going on. Should de reps
be compensated for their time and effort work? Are you
a de rep? Do you think it should be compensated
(32:14):
for it? Or should it be all purely volunteer based
work to better the CODMA ecosystem in a capital efficient way?
And if you're working one of these working groups, how
are you guys going? I chime into some of these
working groups in intersect to try and see where things
are at what's going on, But you know there's so
much conversation there. If you're watching this and you just
(32:37):
want to vent, leave a comment down below as well.
I'd love to hear from you too, so I can
get a better understanding of how you actually feel in
working over the last few months on these working groups
for these budget proposals. It's not an easy job, but
you know, thank you so much for doing it. Anyway,
hit the like, hit the subcribe button on the way out,
(32:58):
and I'll see you guys in the next bang Ban
A ADA news update for you guys, and in this video,
we'll look at whether or not de reps delegated representatives
should be compensated for their time and effort in the community.
So we'll look into that, and also some drama or
something that's popped up around the Kadana Foundation injecting in
a budget request into the marketing proposal for Intersect coming
(00:23):
up very soon and cry out for a transparency or
something like that. But we'll go into more details around
that and see what's exactly going on. Was have a
bunch of other news updates as well in this one,
so stay tuned. I've got a lot to unpack here.
Let's get into it. Hey everyone, I'm Pitybwy and make
sure you hit that like subscribe notification belt on your
(00:44):
way in and let's get straight into this one here.
I've got a lot to talk about. So first off,
a reminder for you or that are these scams going
about If you see a live video saying a to
giveaway or anything like that and you have to send
aida to an address, that is a scam. If you
get air drop these tokens within your wallets saying go
to this website we've got an air drop token giveaway.
(01:07):
It's most likely a scam as well. If you look
at these various tokens within your wallet on pool tool
to io, or if you use Eternal or Jerro wallet,
they all have these security mechanisms in there that alert
you that these are scam tokens. So please be aware
of that. There are a lot of scams going on
at the moment, and I don't want anyone that watches
my channel to tell me that they got scammed, So
(01:28):
please do keep out for keep an eye out for
these scams. All right, let's get into these news topics here.
So now the first rumor that we have here is
around deck screener, and there's been a lot of repeated
tweets just like this one here saying something about bringing
Cadano tookens to deck screener. And for those that don't know,
deck screener is a real time decks analytics platform so
(01:51):
pulls in all of these these tokens across multiple different ecosystems,
all these different chains, all these different decks across all
of DeFi, and it's a really good place to have
a look at what's going on, what's trending across the
entire crypto space, but for a long time, Kadano hasn't
been in here. Solana has been dominating on here as
(02:13):
well as a lot of these other chains. A lot
of these are EBM chains, so if you manage to
integrate one, you can copy paste and integrate the rest
of them. So it's really easy thing to do. So
you know, that's why we don't see Kadana in here
because it works slightly differently and it takes a little
bit more work. So is it's worth their time and
effort to do now? From what I've heard down the
(02:36):
Grapevine deck screen is having CARDONATD tokens integrated and we
will start to see this website which gets a massive
amount of traffic people watching and getting alerts about what's
happening across all of DeFi will start to see Cardano
tokens pumping in here and it's catching the attention of
various people that are looking to see what's going on
(02:58):
across the space. This is super exciting to hear. I'll
let you know as soon as it comes out, and
we'll see exactly what looks like and what type of
rankings Cardano tokens get compared to some of these other
meme coins across different ecosystems, and you can see a
lot of them do look like meme coins here, they
don't look like anything really serious. So hopefully we see
(03:21):
some of our really serious Cadano tokens Kanana projects being
listed on here and rank rising up to the top
of the ranks too, so that'd be awesome to see. Now,
if you're delegating your aid to any of Amergo's or
Euroy's pools, you're going to have to move your AIDA
delegation here. And this is absolutely crazy. So Amergo here
(03:43):
have put out a Twitter thread and x thread here
talking about them upgrading their servers, upgrading their pools to
brand new infrastructure, so it's more optimized, it's faster, it's better,
it's more cost effective for them as well. But in
the process they've actually had to decommission Amergo one, two
(04:03):
and three and four and now have to redelegate to
Amergo eight. So they're rearranging everything here and you have
to move your AIDA around otherwise you won't be earning
these rewards. Now these pools are actually retiring, retiring and
not being available within a month. So you can see
(04:24):
here these ones are all grade out Amergo one, two, three,
and four, they're all being grade out and these are
the ones that you need to move to here. You know,
the really annoying thing that I find here is that
a lot of delegates that stake their aida stake it
and then never look at their wallets again. They might
look at their wallets in six months time, and a
(04:45):
lot of users in this case would miss out on
all those eight awards and helping to decentralize and secure
the network. So this really annoys me. I know, like
Amerga has operational costs and they have to you know,
keep that cost down. But you can actually use your
(05:07):
pool keys from Amergo one on the new infrastructure. You
could just migrate those those pool keys over and have
it all on Amergo six and then you know, on
the Murgo six infrastructure and have it named Amergo one
so it wouldn't affect the users and you still have
optimized infrastructure for your pool. So I don't know what's
(05:30):
going on there. It doesn't really make sense. But if
you are delegated to Amergo one, two, three or four
or EU roy as well, check your pool because you
may not be getting any rewards very very soon, so
check your wallets, make sure your pool operator is still operating,
and move to another pool if you need to. The
pools here they're on the slightly on the higher side.
(05:54):
So the EUROI wallet has this brand new notification here
as well, so you can see that the pool is
retiring and it gives you this big warning prompt, Hey,
your pool is not earning rewards. Update to continue earning.
So you can see that notification there and you can
see here Omerga one retiring. Go to Amergo new which
(06:14):
is Amerga II, and you'll be able to still earn
your rewards. Now these here, the estimated return on AIDA
five percent. That's that's pretty high. That's pretty good. But
the fee here is three point two percent. If you
have a look at some other pools, the fee that
that gets taken out the pools can be a lot
cheaper and you still get a quite nice high return
(06:35):
as well. So shop around, have a look at the
various pools out there. You can get a better return
on your AIDA as well as well as still securing
and delegating to the ecosystem, participating in governance and all
sorts of other things. So have a look at where
your aida is stays. That's the moral of the story here. Now,
(06:56):
this is a pretty interesting security vulnerability that small Kaz
mentioned here as well, and it is vulnerability found in
the secure element the infineon SL seven eight chip. This
is found in the ubkeys and the Traser V three,
so the tradser hardware wallet can be a compromise of
course with the Traser. Here it also mentions that you
(07:18):
do require the pin to sign the message as well
when you're as signing transactions, so it isn't as useful.
But you can extract the private keys from this particular
secure element, So this is rather alarming. Now I do
have ubkey, a ubkey that could be compromised, but of
course you still need the physical device. And the other
(07:40):
point here that small puts out that to extract the
private key you do need some serious equipment here, costing
up to ten thousand dollars for this particular equipment. But
you can extract the private keys within five minutes, So
overall not too alarming because you do need to be
able to get that particular hardware device. You do need
(08:01):
the hardware to extract it as well, so it can
It is possible, but highly unlikely because for me myself,
if you were to try to hack my ubkey, you
need to actually find the device. And I was actually
going to show you what a ubkey looked like, but
I cannot find where my ubkey is, so that could
(08:22):
be another problem that I have at the moment. But anyway,
something to keep in mind if you are looking at
hardware devices, if you're looking at a ubkey to create
a private key paper wallet for example, or if you
are looking at a hardware device like a tracer as well.
So there's a lot of other alternatives. This here, the
Tangent cards, these things I'll go a video review coming
(08:45):
up soon. And also the Keystone hardware wallet. This is
a fantastic device. Actually use that one to register as
a DRAP as well, so that is a really good thing.
If you want more reviews about that, I have them
coming up on my new channel links down blow for
you guys. So this is a pretty cool and interesting
news update that it's going live. This is neck dot
(09:06):
Fun going live at two pmut C. That's midnight for me,
so I'll be well in bed by then. But this
is another pump fun to clone of what's happening Onsilana
launching all these meme coins and having a massive amount
of trade on there. So this is a collaboration between
Snack and splash protocol and they're bringing this one out.
(09:30):
So they've been working on this for the last one
and a half months to make this a reality, and
they are going to bring in a lot of trading
volume a brand new way of putting liquidity onto the
decks as well. So this is going to be pretty
exciting and to see this one come out on the
Condona ecosystem be really really good. I know a lot
(09:51):
of people do not like meme coins. I do not
trade mean coins myself. I've always been burnt by mean coins.
I do hold some Snack though. I bought some fun
just to see what happens. I lost. I've made a
loss on it, so you know that's that's what's going
to happen. But I do hold some Snack and I
do like some of the artwork that's going around it
(10:12):
at the moment. So if you are into meme coins,
if you are wanting to explore what Kadano has to
offer in meme coins, check out Snack dot Fun. The
website for me at the moment isn't quite up yet,
but will be upsoon. Snack dot Fun. You can find
out more information all the links down below, and if
(10:32):
I happen to be awake, I'll do a live stream
and see what's going on with the platform where it
actually launches. Now, this is a cool metric. Smog's been
pumping out all these really cool posts. At the moment,
Pollutus V two contracts have finally overtaken Pollutus V one
contract so now there is more volume going through V
two contracts than V one, but we could still put
(10:53):
almost twice as many scripts in each block by removing
the last twelve percent of V one transactions. Now to
do this, we still have a lot of liquidity on
mince Swap V one. So if you have any liquidity
on mint swap and you haven't touched it in a
long time now, it might be a good time to
(11:15):
start migrating that over to the V two vaults V
two contracts, so that's you one. You can actually get
some of the trading fees back because a lot of
liquidity is moving to the V two contracts, so the
liquidity and the swaps are being routed through that, so
you'll be missing out on the trading fees. That's whole
(11:35):
point of providing liquidity, right You're there for the trading fees,
and if the swaps aren't going through those V one
contracts anymore and going to the V two ones, you're
missing out. So make sure you look into moving that
liquidity over. I did do a video about this about
a month ago when they launched everything, so you can
check that one out links down below, so you have
(11:57):
a little bit of a guide on how to move
the liquidity over to a minstot be to pull, very quick,
very easy to do. You can actually do it on
mass as well. You can do a select door and
migrate and away you go. If you have large amounts
of liquidity, I do recommend taking your time and doing
it slowly, doing one at a time, pulling it out
manually and putting it back in manually as well. People
(12:19):
have told me they've had issues about that, so make
sure you look into that before diving deep and moving
liquidity across. Now over to the de reps at the moment,
the deleged representatives at the moment, there are a lot
of people that are delegating their wallets to the various
de reps in the ecosystem. Now, the only problem here
is that the numbers are still very small. It's in
(12:42):
the thousands of people that are delegating to de reps
and needs to be in the hundreds of thousands or
as many as possible. We essentially need anyone that is
self custody holding AIDA and delegating it to a STAPLE
to also delegate it to a de rep or abstain
or vote no confidence as default options on their wallet,
(13:04):
or become dereptor themselves. So you do have five different
options there. So we do need to actually move that
progress over over the next ninety days. So this is
a marketing message that needs to get across to everyone
out there that holds AIDA. Now, this here is a
picture of Micah Micro is the founder and lead developer
(13:24):
of Putane, a synthetics protocol that's building a Kadana. They've
gone through their second second audit, so they could launch
anytime really, but this this is Micah and here is
currently leading as the number one delegated d REP within
our ecosystem, with twenty five twenty five point eight million
(13:46):
eight delegated to him as a delegate representative. So all
hail King Micah. At the moment, he is the King
and CEO of Kadano with the most voting power, most
delegated voting power within the ecosystem. So go Mica. I'm
somewhere further down the list. I'm like a ranked twenty
or something. So keep scrolling, keep scrolling. I'm there somewhere. Okay,
(14:13):
that's embarrassing. I'll stop scrolling now. I'm down there somewhere
you can find me. But thank you so much for
everyone that's delegated to me. If you are wanting to
find other delegates, you can look through this website here
there's some absolutely brilliant people that have stepped up to
be de reps. But if you want to delegate to me,
I'll put links and references down below along with my
de rep id so you can do so. Now, this
(14:35):
has been a widely discussed topic within the CADNA ecosystem,
and this is around de reps getting compensated, or even
people that are working within working groups, etc. Getting compensated
for what they're doing. And this is what Alex has
to say. Now, Alex does work for the KADNA Foundation,
but of course they are also eight holders and want
(14:58):
to be a part of the ecosystem. Just working for
the Candanna Foundation doesn't mean they can't participate in governance
et cetera. Anyway. This is his hot take. Some people
calling for de reps, committees, working groups, special interest groups, etc.
Bureaucracy included to be compensated in the first year of
governance being live on Cardano. That's equivalent to encouraging an
(15:20):
entrepreneur to start paying themselves a salary in the first
year of operations before they found to market fit, let
alone profitability. This is second take on this. This is
the alternative, but it takes time and energy. Yes, it
also grants you power and likely benefits you as an
early mover in the Cadano governance. Look at the ITN
for spos, the incentralized test net for the sbos, the
(15:46):
first movers for staples. They benefited greatly because they were
paid with ADA during that time. So all of the
spos in the ITN phase that produce blocks, they are
paid with a lot of aided because they were up
all night working tasely to find bugs and fix those bugs.
(16:09):
In the ITN phase of the blockchain, the stakepools and
all that. So they were rewarded quite nicely for all
their hard work. And that could be seen as what's
happening right now with all the governance, everyone that is
putting in the time and effort and energy at the moment.
It's going to take a while. It's going to take
(16:30):
a lot of time, it's going to take a lot
of energy, a lot of work will be rewarded somehow,
I don't know how, hopefully well for all the time
and effort that you put into place. Let me read
further here for you guys, find ways to reduce time
and energy costs. Find ways to reduce the time and
(16:50):
energy costs. You could register a corporate de rep EG
and stage labs or set up a consorting EG pragma,
or band up as a coalition I gy, Codana, Atlantic
or whatever you want to call it. So this is
the idea and concept of instead of just having yourself
as a de rep, get a group together. So get
(17:11):
a group. Someone might be a expert in stapools, someone
might be an expert in governance. Someone might be brilliant
at marketing, someone might be excellent in business operations and
onboarding new businesses. So having that wealth of experience that
has spread across different sectors, different verticals, and coming together
(17:32):
as one single delegate representative as a collective means that
should be less work because you are specializing different areas
and that person that specializes in it for a particular vote,
particular governor's action that comes up can concentrate on that one,
so you don't need to work as much. I do
like the idea. Maybe I will form a coalition like
(17:53):
that so it could reduce the amount of time and
effort that I put into a lot of this stuff.
At the moment, still very early days, and I suspect
a lot of these governance actions. There won't be too
many of them over the first first year at least,
so we see how things go. The whole governance era
I see as being very fluid. I may have to
(18:14):
abstain from certain things because there might be conflict of
interest in what the actions are, and those cases, I
expect delegates to me to move their votes elsewhere so
that their voice could be heard. So that's how I
see it happening. I don't see like me holding a
lot of a massive amount of voting power forever delegates
(18:35):
should be active and seeing what's going on in the
ecosystem and move their votes around. But anyway, I don't
see the amount of work being high in the first year.
But we'll see, okay further here, Alex writes, And if
you can't fulfill the role as volunteer due to time
and energy costs, find someone that will. If there is
(18:57):
ever a tide that can lift all votes for Kadana,
it's the community optimizing towards getting things done adoption in
a cost efficient manner. I totally agree with that. Now,
the other thing that I'd like to bring up here,
I've done these roles before. I've done governance roles. I've
done volunteer roles in open source communities. I did a
(19:19):
lot of work in the Jumla content management system space
a long time ago, back in twenty thirteen, fourteen fifteen
around there, and I've put a massive amount of time
and energy volunteer work into that ecosystem to try and
drive the adoption of that content management system. I burnt
out and I never went back. I burnt out and
(19:42):
I hated it so much that I actually gave up
that content management system and moved elsewhere. Where my time,
energy and effort was better placed and gave me a
better return. That is something I don't want to ever
happen to me in the Kadana ecosystem. I don't want
to have to I don't want to be in the
(20:03):
position where I burn out. I put in all this
time and energy, and there have been times where I
have suffered burnout and I disappear for a month and
then I come back. So I can see the signs
when things happen and I just put the brakes on,
walk away from everything and just take a bit of
a break. It does happen, but hopefully that doesn't happen
(20:25):
in the Kadana ecosystem for myself and I disappear forever.
I've managed to stick around for just over three years,
so we'll see how things go. Anyway, let me have
a look at some of these opinions that other people
are saying within the ecosystem. This is here from This
is an opinion from state with pride. I do not
vote for de reps or ICC compensation. I'm a conservative
(20:46):
in treasury spend and monetary changes in the system. There
are plenty of government structures with no compensation. School boards Linux,
Apache Foundation list is very long. I agree with that.
The Patchy Foundation Linux, they support so many organizations. They
get a lot of donations from businesses and et cetera.
And a lot of the work is or volunteer base.
(21:07):
They do cycle through a lot of people though as well.
People volunteer, they work for a while and then they disappear.
They lose a lot of talent. Anyway, with a sub
one dollar eight, we really need to watch us spend.
I totally agree with that. Until Ada is well above
you know, one dollar, two dollars, three dollars, we really
(21:28):
need to watch what happens with the treasury. There isn't
that much aider really that's in there. But once that's
gone up in Valley, hopefully it does go up in
Valley very soon, we can spend a little bit more.
We can spend a little bit more aight equivalent to
USD for example, and it makes things a lot easier. Now.
It's interesting to note that in the Constitution, the interim
Constitution that we have at the moment, there is this
(21:51):
section in here about de reps being compensated. So it
has been thought of and put in place. Let me
just read this for you, especially for those that are
listening on the your podcast. De reps may be compensated
for their efforts to foster the creation of a professional
governance cohort for the Gadana blockchain ecosystem. De reps to
ensure that any compensation received in connection with their activities
(22:15):
as a de rep is disclosed. So it doesn't necessarily
mean it's coming from the treasury, could be coming from
third party sources or whatever it is. Just to say,
I guess if there's a conflict of interest from the
type of compensation they get. Let's say someone's paying me
lobbying me to do a particular vote, so there could
be a compensation. But you know, I've mentioned this in
(22:37):
other videos as well. Oh, if you want to see
the constitution, I'll put a link to it. This is
in the GitHub repo, which is just a working document,
but you can see the constitution full constitution document and
you can do the key word searches, etc. But there
has been talk about reward schemes for de reps and
(23:00):
a lot of different models that have been thought about
as well. I mentioned this in one of my previous videos.
But Yoda A Yoda, the guy that posts as a
little Yoda picture in this avatar profile, but he drew.
He put together these various diagrams that talk about how
(23:20):
de reps could be compensated for their time and effort.
So there may be a rewards pool total rewards for
every governance action that's put on chain. So you may
be asking for a million eight in terms of a
treasury pool. And a part of that is a rewards
competition for the de reps for their time and effort
(23:42):
to look into that particular governance action and vote accordingly.
So that would entice de reps to come in and
do the work necessary to give a good vote and
a good guidance the community in regards to what governance
action should happen. So there's five different models here. I
talked about the different models, and there's like fair models.
(24:04):
There's more models that are a biased towards the people
that I have a lot of delegates. So there's different
ways to look at this. So there are a lot
of models here and different ways that de reps could
be compensated, and there is conversations around this now anyway,
So let me know what you think down below. Leave
(24:25):
a comment down below. Do you think de reps should
be compensated. Should volunteer time be compensated at some point
in time, maybe after a year's worth of work, maybe
up to two years, whatever it is, let me know
what you guys think. It's you know, as for me.
I saw another poll. I can't find it, but someone
asked how much time per week would you see being
(24:49):
feasible to being a de rep. So it went from
like a ten hours a week five to ten hours,
twenty hours a week, thirty hours a week, or you know,
forty fifty hours a week, and the pole result was
roughly ten hours a week at the most. So if
the role of a d rep as a volunteer is
ten hours or less per week, I think that's feasible.
(25:12):
You could put the time and effort end to making
adequate and a good directional vote for governance actions out there.
So hopefully we do stick around that. Otherwise I would
probably have to step down as a de rep because
I just do not have that type of time if
it goes up to forty fifty hours a week. Now,
this was a little bit of an unfortunate side effect
(25:35):
of the chain hard fork, and one of them was
the costing models around the reference scripts. Now I mentioned it,
it didn't click to me in my mind. All I
knew that was, you know, they're putting a cost on
adding in a reference script to a transaction so that
we didn't have that de dos attack again, that spam
(25:55):
attack that we found in the Cadana ecosystem. But as
a result, this here, this is from Peruto works for Mintswap,
and what they've noticed here now is that what normally
would cost them zero point three to eight to do
a batching transaction now costs them twice as much as
zero point six. So now overall trading on Kadana, because
(26:19):
you're pulling in these reference scripts, so you're doing one
transaction and you have to execute a couple of smart
contracts because of that, and you're adding in more more
smart contracts into that execution. You are now suddenly seeing
more expensive transactions. So this will hurt the DEXes actually,
because this is a particular type of transaction that the
(26:42):
decks performs themselves to send it back to you. So
if you've ever traded on a dex and they said
there's a like a two to eight fee, this is
what it's for. This is what it covers this inclusion
of this script the reference scripts. Now at the moment,
a lot of the DEXes are doing a discount and
they're doing a promotional promotional cost here and they removed
(27:05):
it and put it down to one AIDA. And putting
it down to one AIDA isn't feasible. It means that
it's going to cost them more and put them possibly
out of business because it's costing them too much to
run the infrastructure, et cetera. So expect cost go back up.
There was a nice honeymoon period when Plutis V two
(27:27):
contracts went out and before this Conway hard fork, we
saw transactions on Dex's fairly cheap and we had these
batch of fees very cheap at one aid. Not for long,
not for long. We are going to see that those
fees go up. There is a comment down here about
how it works with Sunday swap here from Ray. There's
(27:49):
a governance process that they go through to talk about
their fee structure and how things are going and handling
that cost and upgrading and tweaking it and bring it
back up. So here we go raise fees great for users,
Yeah not so much. But you know, if it costs
you money to operate. These These are dex infrastructure bits
(28:11):
and pieces. You're going to have to pay for them.
Otherwise the decks will go out of business. Unfortunately, that's
how it works. So I at the moment, I do
see the fees going up at this point in time.
Maybe they go back down when the price of AI
goes up as well, so they hopefully can afford it.
Then because the price of eight has gone up, they
(28:32):
can pay for the infrastructure in fit and then reduce
the costs and aided to make the trading volume go
up as well, because as soon as ATA starts going
up and we're still training, it's going to cost us
a lot more money. So hopefully they work this one out,
adjust the cost for now, and then adjust it again
when the price of AID goes up again. All right,
last news story for you, and this one is around
(28:55):
the inclusion of the Kadana Summit budget for twenty twenty
five in the Marketing Working Group's budget. So the drama here,
let me just go to Shaggy's post here. The inclusion
here that they saw was the addition of the summit
(29:17):
within this particular budget, and there are there are budget
limits roughly fifteen million was what the Marketing Group was
settling on, but then adding in the Kardino Summit pushed
this budget out up to eighteen million. So that was
a large increase and could potentially make things a lot
(29:39):
harder for the Marketing Working Group to get their proposal
and budget across. Now, what the Shaggy was complaining about
here was where this is, where's the transparency? Where's this
three million eight to come from? How did you derive
that number? And it was up in arms about it
now and very vocal too, like cancel the Kardino Summit
for twenty twenty five. Anyway, Hussey got on board. He
(30:03):
wanted some transparency. Now. I went to check the discord
server and I checked to see what was going on
here so I could report on it more clearly. Unfortunately,
what happened here was I think Shaggy put this post
out way too early. And this is very similar to
(30:24):
the three UTXO situation when they had their pitch deck
released way too early. There wasn't any context behind it all.
There wasn't any understanding of what's going on. So the
Cadano Foundation put in that particular price tag for their summit,
but no one had asked them for contexts yet, so
(30:46):
they just put it in as a draft. You know,
it's a work in progress, and no one had asked
them for that particular data, so all they had to
do was ask for the data to be included in
there and then they can work out the budget accordingly.
So this is another one of those situations where it's like,
you know, we'll put down the information that we need
we think we need around this, what else do you
need to put in this document to make it better?
(31:10):
So it's just another moment where there's just drama for
the sake of drama. So if you see this one,
don't worry about it. It's a nothing burger. The Kadana Foundation,
from what I could see within immediately seeing this, like
why didn't you ask us for the data that you want?
We're more than happy to provide it to you to
(31:31):
make this the best process possible. So there will be
that data for the summit for twenty twenty five. There
will be Candana summit then as well, so hopefully I
can get to one of these summits one day. Otherwise
if they rip out this Kadana's Summit, I would have
never been to an official Kadano summit. That'd be very disappointing. Anyway,
that's all the news items have for this episode. Leave
(31:53):
a comment down below. There seems to be a lot
of drama around at the moment, and I think it's
all very unnecessari It makes Twitter crypto Twitter interesting at least,
But leave a comment down below let me know what
you guys think of what's going on. Should de reps
be compensated for their time and effort work? Are you
a de rep? Do you think it should be compensated
(32:14):
for it? Or should it be all purely volunteer based
work to better the CODMA ecosystem in a capital efficient way?
And if you're working one of these working groups, how
are you guys going? I chime into some of these
working groups in intersect to try and see where things
are at what's going on, But you know there's so
much conversation there. If you're watching this and you just
(32:37):
want to vent, leave a comment down below as well.
I'd love to hear from you too, so I can
get a better understanding of how you actually feel in
working over the last few months on these working groups
for these budget proposals. It's not an easy job, but
you know, thank you so much for doing it. Anyway,
hit the like, hit the subcribe button on the way out,
(32:58):
and I'll see you guys in the next bang Ban
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Charlie Kirk Show
Charlie is America's hardest working grassroots activist who has your inside scoop on the biggest news of the day and what's really going on behind the headlines. The founder of Turning Point USA and one of social media's most engaged personalities, Charlie is on the front lines of America’s culture war, mobilizing hundreds of thousands of students on over 3,500 college and high school campuses across the country, bringing you your daily dose of clarity in a sea of chaos all from his signature no-holds-barred, unapologetically conservative, freedom-loving point of view. You can also watch Charlie Kirk on Salem News Channel