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Joined 1 year ago
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Cake day: October 27th, 2023

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  • The DAO tokens are derivatives of HNT.

    Helium uses a DAO score to determine the redemption rate between HNT and Mobile. The equation takes 3 variables into account (the amount staked in a subDAO, the number of active devices, and the amount of data burned by each respective DAO) this determines the amount of HNT that goes into each DAO’s algorithmic treasury. That HNT is what sets the redemption rate. Here is a link if you want to learn more about how Helium’s economy works.

    Currently, because IOT is older and has more devices, its redemption rate is higher than MOBILE. But if MOBILE is successful, the redemption rate will rise.

    I do agree that it’s probably wise to hold HNT, but MOBILE did have a 300% increase in the last month in preparation of Helium Mobile launching in Miami.



  • Solana is not a store of value. It has a 1.5% inflation rate that will last into perpetuity. Solana is a decentralized compute platform that can do many things, one of them being transactions. It’s extremely fast, and it is one of the first platforms where fees are cheap enough for developers to build projects on top of.

    Overall, Solana is a faster, more decentralized, and far more scalable L1 than Ethereum, which is the predecessor to Solana.





  • If Solana reaches the same size of BTC, the price to send a transaction will still only be .0083c - less than a penny - and will be cheaper than credit card fees currently.

    There are more computationally expensive things on SOL - like entering into a DEX contract - which costs 0.0002 SOL but that still would be only a few dollars.

    In fact, the fees are so cheap that there are some concerns about chain security after SOL emissions reduces a few fold.


    1. Orca - Decentralized exchange where users can easily trade coins and stake for dexes.

    2. Render - is a promising dePIN project that is trying to decentralize datacenters and CG render farms

    3. Drift - Pretty cool DEX platform

    4. Tensor - a bit of a nebulous project that wants to decentralize AI, promising, founder seems pretty smart

    5. Helium - The grandaddy of dePIN, Helium is currently building a 5G cellular Provider in the Miami where anyone can own a cell tower

    6. HiveMapper - crowdsourced Google Maps. Promising project

    7. Jupiter - My favorite exchange. Automatically finds the cheapest DEX routes, which saves a lot of fees.

    This is really a great time to be apart of the Solana ecosystem, there’s so many innovative projects that it’s hard to keep track of them all.