I agree with the stance of Debridge. Alex stated (you neglected to mention) that they do not believe in bribing voters. They want members to vote for the best project that they actually like, and not be influenced by bribes. The full tokenomics of Debridge will also (as Alex stated in the AMA) be published prior to the lfg vote. So everything will be clear, fair and transparent.
I agree that there are advantages to jup other than airdrops that debridge offers and there might be some solomon like wisdom in not giving away too much. That said, generally, people should vote in their best interest (thats the point) without being shortsighted. So healthy projects with good tokenomics, a good community etc., might mean more than the airdrop. âWhat they likeâ doesnt really get at the heart of it. All voters are bribed.
Btw we agree. Just thinking out loud.
I degen on Base and use the bridge almost daily. sometimes a few times a day. They are dropping to users and Iâm collecting points.
For some projects, that extra bribe is necessary to push them over the brinkâŚdeBridge doesnât need that extra push. they are showing their value every day. I think that having the value they provide to not just our ecosystem, but web3 in general, is reason enough to launch them.
huge fanboy
Airdropping to voters in TGE who chose your project is not a bribe.
Respect to your audience. Do not confuse the two things.
If this is what you say, then your project is also repetitive and is an example of Wormhole and other examples of interchain bridges.
Why should we vote for your duplicate project?
This project is yours and you can not airdrop to the voter when TGE like Sharkyfi, No one forced you to airdrop to voters.
Be a man and say that I will not airdrop.
Donât declare gifts to voters as a form of bribe like cowards and insult the intelligence of your audience.
Your words were very insulting and upset me, thatâs why I said these words
The features that you mentioned about your project are nothing more than nonsense, which are also present in other inter-chain bridges
1. There is a difference between using a community then not rewarding them and bribing, I can see you donât know the difference between these. Read back to my pie chart to see the evidence for why this is a reward for what JUP has done and not a bribe.
If you stake JUP, getting more money through a deBridge airdrop for your work in pushing the project is in your best interests.
I guess maybe i donât understand your point.
The launch fee of 0.75% was designed by the teamâŚor meow, or whoever as a reasonable fee for our platform use case.
During the first vote, it was discovered that some projects had promised an extra airdrop on the side for voters who voted for them. This was not approved by the team or sanctioned as proper procedure. It literally was a bribe for extra votes, and it worked.
It seems to me that because a couple of projects did it, then now this is the way itâs SUPPOSED to be.
I personally whored my vote for extra rewards, and will continue to do so as i see fit. HOWEVER, Iâm not going to demonize someone for not participating in shenanigans that i believe are at best, greasy
Iâve read a couple things about how deBridge is getting all the benefit. I promise, the ecosystem is getting the benefit.
Not to talk shit, but i TRIED to use Wormhole a few weeks ago to bridge some $MATIC and at the top of the screen was a message about having to wait 24 hours. Most bridges are clunky and slow. i did that transfer a couple days after on deBridge and it literally took 10 seconds, with zero friction. THIS IS THE WAY lol
I really couldnât care less if they decided to âREWARDâ (bribe) voters with extra allocation or not.
Their tech is better, their look is cleaner and they are GTG. Iâd rather get 0.75% from a project that i fully plan to hold and stake than 2%-5% from a project that will languish in mediocrity with a token that we will all dump because we want to degen on BaseâŚwait, that was me with my Drift airdrop lol
You must have amazing powers. To present a pie chart entitled (Token Distribution, i.e. tokenomics) when Debridge hasnât yet published its tokenomics. Coming soon (most likely by Tuesday or Wednesday next week). Lets compare and contrast the real pie chart with yours next week. You like bribes, thereâs nothing wrong in admitting that. Jupiter and Debridge are growing the pie together, so lets wait and see the real pie chart next week.
I see you do want to expand to (or already have?) wrapped assets. Iâm particularly interested in the. deNFTs. Have you had any use cases yet for these? Any future plans you could share here?
How does one realistically bridge an NFT? Is it a lock and burn situation or do you end up with two NFTs: a source chain one and the bridged version on the target chain?
What are validators doing? Are they bridging the stablecoins? Why do you need validators to enable a bridging? How many do you have? Can anyone be a validator or is it permissioned?
To reiterate a previous comment around validator voting; How would token holders be able to add value via voting for validators? Will there be validator emissions for voters? Where would those come from?
Iâve deBridge before, itâs good. Definitely up there with the better bridging experiences. I was wondering how you get away from the wrapped assets problem and looking through DLN Overview | deSwap Liquidity Network (DLN) (which you helpfully provided in answer to another question) I see youâre swapping into stablecoins to bridge and out of them into whatever token someone wants on the other side.
Whilst I think thatâs a reasonable design, whatâs the advantage of deBridge over someone like Circle or AllBridge Core who are just bridging in stablecoins?
Is the advantage that youâre letting a wide range of participants do the swaps? How do you control for slippage? Guaranteed liquidity? How do you control for that? Do participants have to lock liquidity for swaps?
How are you rewarding these liquidity providers now? Just fees?
That 0.75% you would rather get wonât be worth anything, similar to how all the other projects launched on LFG are worthless at 0.75%. Enjoy having no significant position in a protocol you love so much.
Voting with $750k, max I get from a project is $8k in tokens. WHAT A JOKE!
They are not growing the pie together.
JUP is growing the pie, with or without deBridge - they do not need you. Meow and JUP team are goated.
deBridge and Alex are using JUP to grow their own pies evident by JUP community doing most of the growth and volume on their entire protocol. Big difference.
Well donât vote then and lose out on any awards. I bet you will vote though, thatâs why youâre here. I vote for the best projects, I also appreciate the time and effort taken by seasoned professionals to answer questions in AMAs as well as events such as the Jupiter Planetary Call. It provides excellent alpha for my own investment decisions (and specifically, early alpha). If you are tunnel visioned, you miss out on âvalue addedâ areas. Besides, for some minor research and a few clicks of a button, we receive awards and I canât think of many DAOs (or perhaps any) that are so open and rewarding. Itâs human nature to âalways want moreâ but thereâs always the need for a reality check. We are minnows in a massive ocean, minnows donât get big bites, but we get something and for that, I am very grateful.
None of this matters if you donât have an allocation. You are not studying for a degree, your early alpha means nothing if you arenât making money off it and with no allocation you are not making money.
Your post has no relevance to deBridge and Alex using JUP to grow their own pies evident by JUP community doing most of the growth and volume on their entire protocol.
I do make money off early alpha. I do (and all voters do) have an allocation. Anyway, I donât get your negativity. Donât vote then, donât get anything. I bet though, you will vote. Thatâs why youâre here. You want more. Reality check. You are lucky for getting any allocation (as are we all). Have a think about it. Thereâs no fast track to wealth, it takes time and effort. Welcome to the real world and good luck.
Hey there, so awesome to hear!
Everything for TGE distribution is being done via the points system, everyone that has paid fees to use deBridge or helped us onboard new users will be eligible. We will release the full details on how points are mapped to tokens in advance of TGE.
Also would encourage you to read our points announcement post which went into detail on how points are calculated and the different tiers
Why so much negativity? Do you have something personal against deBridge, or do you benefit if they donât succeed? If you dislike the LFG fee, why not propose a formal change to the DAO?
All candidates pay the same fee. Anything extra shouldnât be bribed for, nor is shaming positive in any form. We are voting to help the best candidate launch. Best is subjective, but us Catdets are striving for a decentralized meta and want to support the GUM initiative. A project that supports the mission and aligns with our goals is far more important than one that merely offers better allocation