Max Howell

You can stake against specific packages.

You can stake against specific packages.

Not exactly currently. This is an idea we're playing with. You should be rewarded for seeing up and coming open source, right? That's fun. Right.

Not exactly currently. This is an idea we're playing with. You should be rewarded for seeing up and coming open source, right? That's fun. Right.

It's good for the package because they get more stake yields initially that way. But currently, if something isn't very staked by many people, the yield you get is higher. So there is an incentive to go and find open source that isn't yet popular, but you think will become popular getting there early. Because your yield is also dependent on the impact of that project, the T-rank. of that project.

It's good for the package because they get more stake yields initially that way. But currently, if something isn't very staked by many people, the yield you get is higher. So there is an incentive to go and find open source that isn't yet popular, but you think will become popular getting there early. Because your yield is also dependent on the impact of that project, the T-rank. of that project.

So initially, the T rank of any new project is going to be close to zero. You don't get any rewards for less than 25. It's necessary to have a cut off, because otherwise people would just create fake open source packages, stick them in the system, and try to gain rewards that way. The T-Rank only grows as you become something other projects use, the dependency tree.

So initially, the T rank of any new project is going to be close to zero. You don't get any rewards for less than 25. It's necessary to have a cut off, because otherwise people would just create fake open source packages, stick them in the system, and try to gain rewards that way. The T-Rank only grows as you become something other projects use, the dependency tree.

So you do have to convince other projects you're worthy. And that's exactly how open source already works, right? You release something new, it takes time for the community to trust that your package is worthy and use it. So we don't fix the initial uptake problem, but that's the case as it is right now.

So you do have to convince other projects you're worthy. And that's exactly how open source already works, right? You release something new, it takes time for the community to trust that your package is worthy and use it. So we don't fix the initial uptake problem, but that's the case as it is right now.

Like a percentage back? Mm-hmm. Why would I do that? Because you want to have a yield of 4% or 5%. What does the project maintainer get? They also get a slightly increased yield because they're encouraging people to stake. Now, the T we gain from people staking because it locks the token up, prevents people from suddenly selling it. There's an unstake period.

Like a percentage back? Mm-hmm. Why would I do that? Because you want to have a yield of 4% or 5%. What does the project maintainer get? They also get a slightly increased yield because they're encouraging people to stake. Now, the T we gain from people staking because it locks the token up, prevents people from suddenly selling it. There's an unstake period.

This is common with crypto projects to prevent rapid fluctuations in token price. Yeah.

This is common with crypto projects to prevent rapid fluctuations in token price. Yeah.

So we're going to launch with several major exchanges, still haven't announced them. So most likely you will buy from them. But there will be other ways the token is distributed initially.

So we're going to launch with several major exchanges, still haven't announced them. So most likely you will buy from them. But there will be other ways the token is distributed initially.

There is a distribution of some of the token to the investors of my company, the founders like myself. some advisors as well, but it's a small percentage. We're doing what was considered a fair launch where more than 50% of the token goes to the community.

There is a distribution of some of the token to the investors of my company, the founders like myself. some advisors as well, but it's a small percentage. We're doing what was considered a fair launch where more than 50% of the token goes to the community.

across the board for it. If I knew then what I know now, I wouldn't have done it with VC. I would have just launched the token myself, taken none myself, and then made it so 100% just goes to open source. But, you know, too late. It's fine. Can't do it. Can't change. Not if I don't want to be sued personally. But it's a very small percentage relatively.

across the board for it. If I knew then what I know now, I wouldn't have done it with VC. I would have just launched the token myself, taken none myself, and then made it so 100% just goes to open source. But, you know, too late. It's fine. Can't do it. Can't change. Not if I don't want to be sued personally. But it's a very small percentage relatively.