(re @TIMRΣG7 : *Spread the word. 1000 SigmaUSD bounty to write...*) Forwarded from Pulsarzz: You need more then just the guard scripts though

(re @TIMRΣG7 : *You need more then just the guard scripts thou...*) Forwarded from Dan / ដេនញ៉ូ: Can you explain? I am an engineer but not a developer.

Forwarded from Pulsarzz: On EVM it's simpler and you can just call some functions of the deployed contract, on Ergo it's a bit more tedious

Forwarded from TIMRΣG7: I really agree. I've been building a mental model of ergo to help create positive feedback loops, and I've come to something like the time-value of ERG held as the key metric. We need protocols like this, like dexy, like sigusd, etc that encourage people to lock up their funds.

Forwarded from Pulsarzz: Need to make an application (most likely web based) around it or nobody will be able to use it anyway

(re @TIMRΣG7 : *I really agree. I've been building a mental mo...*) Forwarded from Dan / ដេនញ៉ូ:

This is a power flow analysis of money in crypto. I think you're right.

(re @Dan / ដេនញ៉ូ : *I want more defi degens on Ergo.*) Let's continue discussion here

I like your power flow analysis. I am thinking of a stock & flow diagram. Will share when I finish

Dan / ដេនញ៉ូ if you can't find anyone to build the program, you can likely do a raffle to raise more money. Or partner with @FoeniculumNFTs to sell nfts that give early access, boost apr or something

That way you could offer like 5k or something instead of 1k

(re @TIMRΣG7 : *Dan / ដេនញ៉ូ if you can't find anyone to build...*)

(re @Dan / ដេនញ៉ូ : **) Yep, I appreciate the fair launch

If you want to write the smart contracts for this decentralized certificate of deposit on Ergo, name your price. I will put 1000 SigmaUSD of personal funds towards this, but I'm will to fundraise for the valuable time of an ErgoScript developer.

Wait lol

Ergo is trending in Germany on Twitter

(re @tefcek21 : *Ergo is trending in Germany on Twitter*) Insurance company?

Maybe we can hijack lol

(re @TIMRΣG7 : *Insurance company?*) probably both haha

Let's do unstoppable finance. Ergo is a life raft to escape the death throes of late stage western capitalism. A decentralized certificate of deposit is a tool to earn passive income in the crypto sphere.

(re @Dan / ដេនញ៉ូ : *Let's do unstoppable finance. Ergo is a life r...*) This is good marketing for your idea. I hope someone will pick it up. It is easter, tho. So give it some time

(re @Dan / ដេនញ៉ូ : *Let's do unstoppable finance. Ergo is a life r...*) My question is where does the yield come from? Does it have its own token?

(re @TIMRΣG7 : *My question is where does the yield come from?...*) The yield comes from inflation.

Looks like ergo on ledger still requires dev mode (just installed for the first time)

(re @TIMRΣG7 : *My question is where does the yield come from?...*) Yes, Money Machine will be done with a native token. Other then inflation, yield will come from penalties. If someone ends their stake early they will pay a penalty that is distributed to the wallets still staked. This mechanism rewards loyalty and punishes paper hands.