Abhay Tandon @AbhayTandon20
Co-Founder and GP @3to1_Capital & CBO - @Monetdotwork , Ex-@TVSMotorCompany, Ex-@Lowes, Ex- @AbInBev, Ex-@Target Accelerator. Tweeted views r my own! abhaytandon.wordpress.com Bangalore, India Joined November 2013-
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What trait do 9/10 billionaires credit for their success? “Agency” Here’s what it is and how you can develop it…
With a lot of US government regulatory bodies including #FederalReserve, #FBI & others looking deeper into #blockchain & #cryptocurrencies trading, do u think that there is a need for some key bodies to be formed to guide the external forces? #regulation
5/ 🌟 The Future of Ethereum As fees drop and regulatory drama unfolds, the potential approval of an Ethereum ETF could usher in a new era of prosperity and mainstream adoption for cryptocurrency. What do you think?
4/ 💼 Market Response Institutional players like Franklin Templeton make bold moves as their Ethereum ETF signals confidence in Ethereum's future. However, will SEC approval follow suit?
3/🛡️ Regulatory Challenges for the famous ETH Clearly there's a lot at stake as Consensys takes on the SEC to keep it free from regulatory shackles. This will shape Ethereum's destiny in the US, influencing innovation and decentralization.
2/ 📊 Insights from Blockchain Analytics Santiment unveils how after fees hitting rock bottom, traders are getting ready for a frenzy of buying and selling, injecting fresh energy into a market that's been itching for action.
YourStory @YourStoryCo
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5/5 Furthermore, Eigenlayer developers are committed to rectifying any accidental exclusions from the initial distribution. Stay tuned for more updates on this front. The Eigen Foundation is taking steps to rebuild trust and ensure a fair distribution process. #TrustInCrypto
4/5 Additionally, investor tokens will become transferable after September 30, 2024, once new features are added to the Eigenlayer network. This move aims to provide more flexibility to token holders. #Eigenlayer #CryptoInvesting
3/5 To address these concerns, the foundation has adjusted its distribution plan. Season 1 participants will now receive at least 110 EIGEN tokens each, while Season 2 participants will get a minimum of 100 tokens. #TokenDistribution #EIGEN #CryptoNews
2/5 The decision to airdrop tokens comes after criticism from the Eigen community regarding the original distribution strategy. Many were unhappy with restrictions that would have prevented immediate selling or transferring of tokens. #CryptoCommunity #EIGEN
1/5 Cont. from Eigen Foundation! 📷 In response to community feedback, they've announced a massive airdrop of EIGEN tokens to over 280,000 wallet holders. Each recipient will receive $1,000 worth of EIGEN. #EigenFoundation #CryptoAirdrop
Not sure what’s up with @NammaBESCOM. Electricity going every other hour in Indiaranagar for at least 20mins each time.
11/ Stay vigilant and critically assess Eigenlayer's policies and inherent risks. The unfolding saga underscores the paramount importance of transparency and equity in the evolving DeFi landscape. #CryptoInvesting #RiskAssessment
10/ Eigenlayer's handling of the stakedrop has raised serious questions about its commitment to community values and transparency. Urgent action is needed to restore trust and ensure fair treatment of all participants, lest it jeopardize its position in the DeFi space. #Trust
9/Eigenlayer's stakedrop strategy risks undermining trust across restaking platforms. Prolonged lock-up periods, minimal returns, and acceptance of deposits from banned jurisdictions signal potential instability within the broader DeFi ecosystem. #DeFiCrisis #RestakingRisk
8/ Emin Gün Sirer's critique highlights the dangers of complex jargon, urging for transparency and clarity in crypto projects. This serves as a reminder that real innovation should be easily understandable and beneficial. #CryptoInnovation #TransparencyMatters
7/Social platforms are ablaze with overwhelmingly negative reactions. Users express outrage over perceived rigged elements, unfair token allocations, and high fees, reflecting a broader sentiment of distrust and dissatisfaction within the community. #CryptoCommunity
6/ 📷 Phase 1 & Phase 2 Eligibility: The two-phase eligibility approach has left many stakeholders skeptical about fairness and transparency. Concerns linger regarding the execution & the potential for exclusion based on opaque criteria. #StakedropPhases #FairnessConcerns
5/ Eigenlayer initially allowed deposits from users in banned jurisdictions, only to later reveal they would not receive stakedrop rewards. This flip-flop not only erodes trust but also highlights a lack of accountability in managing user risks. #GeoRestrictions #TrustIssues
4/ An unexpected surge in wallet activity has sparked allegations of insider trading. The timing of wallet movements just before and after the snapshot has fueled suspicions, casting doubt on the integrity of the stakedrop process. #InsiderTrading #CryptoTrust
3/ Surprise: The sudden snapshot on March 15, 2024, caught stakers off-guard. Some perceive it as a tactic to retain users, especially since stakers from banned countries could participate but were later deemed ineligible for the stakedrop rewards.
2/ Details: Eigen Foundation plans to distribute 15% of EIGEN's token supply to the community, reserving only 5% for early Season users. But, concerns arise due to the non-transferable token structure & stringent geo-restrictions, leading to feelings of exclusion among many.
1/ 📷 Eigenlayer's stakedrop announcement has stirred controversy in the crypto community. Despite being Ethereum's second-largest protocol with a $15.67 billion TVL, its recent stakedrop has not been well-received. Let's delve into the key details driving this uproar.
Understanding the intricacies of Bitcoin's recent price movements can offer valuable insights into the broader cryptocurrency market. Let's delve into the factors behind the April downturn and what lies ahead for BTC. 📷📷 #BitcoinInsights
5/ 🌟 The Future of Ethereum As fees drop and regulatory drama unfolds, the potential approval of an Ethereum ETF could usher in a new era of prosperity and mainstream adoption for cryptocurrency. What do you think?