@thenodefather (Node Father) posted in Encouraging Responsible Use of Community Pool Funding It forces us to budget and removes excess funding which is trending the pool towards zero already. The way i see the pool right now in practice is that it’s going to zero on lower leverage things than SURGE. I’ll keep discussing responsible use, but if the question is this responsible? Then my answer is it’s higher leverage and more responsible than much of how the pool has been used in the past. ...

@Secretvisor posted in Encouraging Responsible Use of Community Pool Funding 😬 mmm this is a little bit of the opposite. This is a question i like to hear more of as well indeed.

@Avaulto (AC | Avaulto.com) posted in Secret Surge Proposal - Pushing Secret DeFi further than ever No. Nice!! Will review this one later on 🤝

@ertemann posted in Secret Surge Proposal - Pushing Secret DeFi further than ever Sir have you seen this? HackSecret 2023 | The First Online Secret Network Hackathon

@orageux101 posted in Secret Surge Proposal - Pushing Secret DeFi further than ever I think almost everyone will agree that the growth of any blockchain has been through its DeFi suite. While privacy may add some quirks to this, I don’t think it makes us special at all and is void of needing a DeFi suite that has actual use. I also think that holding out for people to come to the community pool to build useful stuff and actually deliver is over. In the three years since Mainnet...

@Avaulto (AC | Avaulto.com) posted in Secret Surge Proposal - Pushing Secret DeFi further than ever I love the proposal and believe it has considerable merit. Have you considered the possibility of publishing it as a secret-hackathon? I believe that dApps operating on different blockchain networks, especially those with active development teams, would greatly benefit from bridging to Secret due to the strong incentives and long-term perspective that this proposal offers. Moreover, it’s worth c...

@Ilja posted in Secret Surge Proposal - Pushing Secret DeFi further than ever DEFI dapps are ideal gateway into Secret Network and timing should right since market is picking up and more people would have an interest to experiment and hopefully stay. Great proposal! On the other side many prevously expressed the opinion that community funds should be primarily spent on infra and better tooling. This is not the case here. Work on better tooling should continue and hopefully...

@AnewbiZ007 (anewbiz1.x) posted in Secret Surge Proposal - Pushing Secret DeFi further than ever First off, I am in love with the idea of surge and can not wait to ignite DeFi on SCRT. I think the new DeFi platforms and improvements to existing ones will be a big win. My hope is that people come for the rewards and stay for the UX. I like the incentive to lock up LP and rewards having a lockup, that will help make the impact last longer. As to funding, it seems like the community pool is th...

@gaia (FreshSCRTs) posted in Encouraging Responsible Use of Community Pool Funding This is excellent, Nodefather. The issue is very real and needs addressing. Ilja’s idea is a good option. It’s impractical otherwise.

@Carter-Woetzel (Carter Woetzel) posted in Secret Surge Proposal - Pushing Secret DeFi further than ever Thank you @guy for this excellent proposal, I am absolutely in strong support of Secret Surge. With Blizzard, SecretSwap 2.0, Sienna, and Shade all gearing up with a variety of products and features this is an incredible opportunity for Secret DeFi to emerge as a highly differentiated and powerful set of privacy-preserving products. I believe this initiative is definitely worth the risk - bringi...

@mumuse posted in Secret Surge Proposal - Pushing Secret DeFi further than ever I think Secret Surge is a great initiative to re-ignite interest in our ecosystem. Trying to get something cohesive and coordinating multiple products is the way to go. In terms of funding, I think it needs to come out from the community pool without a doubt.

@pmuecke posted in Secret Surge Proposal - Pushing Secret DeFi further than ever Burning the Terra fund and then minting an equivalent amount doesn’t make sense to me really, the same goes for a new tax. So, in my view, there pretty much are 2 options: either we use the Terra fund (assuming the chain votes for this, knowing that it will not be burned unlike originally proposed), or we use the community pool. If we decide to use the community pool I’d expect monthly proposals...

@thenodefather (Node Father) posted in Secret Surge Proposal - Pushing Secret DeFi further than ever Terra fund is not an option without breaching the promise made by secret labs in the Terra fund proposal.

@Brendan (WhisperNode) posted in Secret Surge Proposal - Pushing Secret DeFi further than ever Super excited for the surge. Agree with Alex that if Terra fund is an option and there are unused funds it makes sense. No issues with SCRT Labs being trusted for the funds.

@thenodefather (Node Father) posted in Secret Surge Proposal - Pushing Secret DeFi further than ever Loving the plan so far and Blizzard will be ready. Also, I’m fine with the pool paying for this. Looking forward to $SURGE 🙂 )

@SecretSaturn (h3rt) posted in Secret Surge Proposal - Pushing Secret DeFi further than ever Awesome proposal from SCRTLabs! As for the funding of this, here is my opinion on it: Using the community pool for funding 500k USD is no viable option, since the overall pool is at 750k SCRT (around 500k USD @ 66c) Using community pool funds for the Surge would therefore cause the pool to run out of funds. I think it would be best if we use the remaining funds of the Terra’s builder fund, since ...