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papaart (48)Hivebuzz level badge

2 followers352 posts1 following8 HP
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Joined January 2025 Active 6 days ago

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  • papaart (48)in LeoFinance • 6 days ago

    RE: LeoThread 2025-12-05 23-43

    welcoming competition is understandable :)
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    • papaart (48)in LeoFinance • 6 days ago

      RE: LeoThread 2025-12-05 23-43

      the community's main complaint is that customer relationships built for THORChain — much biz-dev work by 9R — were handed to competitors
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      • papaart (48)in LeoFinance • 6 days ago

        RE: LeoThread 2025-12-05 23-43

        Since 2021, TS and SK helped scale THORChain to billions in volume and integrations with leading wallets and top protocols in web3. Gratitude isn't required, but the facts…
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        • papaart (48)in LeoFinance • 6 days ago

          RE: LeoThread 2025-12-05 23-43

          Trust Wallet fees were not shared with RUNE holders; 9R were rightfully rewarded for maintaining that integration before SwapKit.
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          • papaart (48)in LeoFinance • 6 days ago

            RE: LeoThread 2025-12-05 23-43

            Former TS contributors bootstrapped SwapKit on a 25% revenue share during the depths of the bear market, and the SaaS model only worked by becoming a non-web3 entity — the reality of B2B.
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            • papaart (48)in LeoFinance • 6 days ago

              RE: LeoThread 2025-12-05 23-43

              TS and SK contributors logged 4+ years of countless hours and all-nighters for the ecosystem, yet the treasury rewarded them $0 — while they focused on building sustainable…
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              • papaart (48)in LeoFinance • 6 days ago

                RE: LeoThread 2025-12-05 23-43

                Some contributors acknowledged that paid support was necessary.
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                • papaart (48)in LeoFinance • 6 days ago

                  RE: LeoThread 2025-12-05 23-43

                  Facts: the marketing team received $250K and delivered some third-party hires, "research", a sloppy fork of the SwapKit SDK, and an unscreened protocol frontend that poses a compliance risk.
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                  • papaart (48)in LeoFinance • 6 days ago

                    RE: LeoThread 2025-12-05 23-43

                    Integrations didn't start scaling until SwapKit existed, and keeping integrators committed after incidents like the Bybit hack and ThorFi crash required enormous, ongoing effort.
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                    • papaart (48)in LeoFinance • 9 days ago

                      RE: LeoThread 2025-12-03 04-29

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                      • papaart (48)in LeoFinance • 9 days ago

                        RE: LeoThread 2025-12-03 04-29

                        Evaluating enhancements to the THORChain-focused frontend for TC users Competition drives innovation when grounded in honest metrics rather than political pressure on distribution layers
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                        • papaart (48)in LeoFinance • 9 days ago

                          RE: LeoThread 2025-12-03 04-29

                          Reviewing specific swaps where routes seem suboptimal and improving the recommendation algorithm Collaborating on protocol changes that would increase THORChain competitiveness
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                          • papaart (48)in LeoFinance • 9 days ago

                            RE: LeoThread 2025-12-03 04-29

                            This feedback comes from long-time builders and supporters of THORChain who want to see it succeed. Offers include:
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                            • papaart (48)in LeoFinance • 9 days ago

                              RE: LeoThread 2025-12-03 04-29

                              Prioritizing routes artificially to prop up a protocol would betray user trust and hinder honest signals needed for protocol improvement. Final note and offers:
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                              • papaart (48)in LeoFinance • 9 days ago

                                RE: LeoThread 2025-12-03 04-29

                                Improving protocol economics (fees, asset coverage, integration UX) will naturally increase recommendation frequency and volume for THORChain. THORSwap would route users to…
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                                • papaart (48)in LeoFinance • 9 days ago

                                  RE: LeoThread 2025-12-03 04-29

                                  If the treasury must subsidize or sell RUNE to fund a frontend, that highlights a sustainability question: frontends and aggregators can be self-sustaining. Fair compensation for…
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                                  • papaart (48)in LeoFinance • 9 days ago

                                    RE: LeoThread 2025-12-03 04-29

                                    Working with long-standing partners to improve the protocol would be more productive than alienating them.
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                                    • papaart (48)in LeoFinance • 9 days ago

                                      RE: LeoThread 2025-12-03 04-29

                                      Painting major partners as the cause of TC volume loss ignores the protocol improvements that could reverse the trend. Neutral routing is not anti-THORChain; it is honest feedback.
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                                      • papaart (48)in LeoFinance • 9 days ago

                                        RE: LeoThread 2025-12-03 04-29

                                        SwapKit has helped scale THORChain into leading wallets and protocols.
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                                        • papaart (48)in LeoFinance • 9 days ago

                                          RE: LeoThread 2025-12-03 04-29

                                          Building a dedicated THORChain interface is a valid choice—competition and decentralization are positive. THORSwap has continuously built for THORChain and also shipped a RUNE…
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