Old Man Glenn (@OccupyDefi) header
Old Man Glenn (@OccupyDefi) profile picture

I'm not the man I want to be but by the grace of God, I am who I am.

Joined October 2021
Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)Photo by Old Man Glenn (@OccupyDefi)
Dear crypto enthusiasts, are you not tired? Tired of fake tap-to-earn projects, endless airdrop farming, Ponzi schemes and memecoins that are launched today only to become exit liquidity for early insiders tomorrow? Tired of VCs gobbling up huge portions of token supplies before ordinary people even get a fair chance? I know many of you are tired. I know you want something better. Something you can believe in and participate in without constantly wondering who is waiting to dump on you. But have you noticed that we keep looking at the same things over and over again? A new project launches, a few things get changed, it gets a different name, a different narrative and perhaps a new token. Suddenly, it’s presented as something revolutionary. But changing the name doesn’t make it different. Changing the narrative doesn’t make it innovation. Have we stopped asking whether something fundamentally different can still be built? What about starting from ZERO pre-mine, ZERO VC allocations and ZERO privileged token distribution? What about building something where the technology, the economics and the opportunity to participate actually matter more than marketing and hype? And what about being part of something while it’s still being built? Watching the development unfold step by step, examining the code, following the commits and verifying the progress ourselves, rather than relying on big accounts, influencers, kols or people telling us what to believe. Wouldn’t that be a better way to discover and evaluate a project? Now, take a look at QNET BLOCKCHAIN @AIQnetLab. A solo-built, post-quantum-resistant Layer 1 blockchain being developed transparently, with its code and development progress open for anyone to examine. I’m not asking you to believe in it simply because I’m talking about it. Take a look, examine the documentation, study the economics and verify what is being built. Perhaps we’ve spent so much time looking for the next big thing in the same old places that we’ve overlooked the possibility of something fundamentally different. Website: aiqnet.io
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QNET BLOCKCHAIN: TOKENOMICS Phase 1: 1DEV on Solana Token: 1DEV (SPL Token) • Total Supply: 1,000,000,000 1DEV • Contract: 4R3DPW4BY97kJRfv8J5wgTtbDpoXpRv92W957tXMpump Burn-to-Activate Model • Initial activation cost: 1,500 1DEV per node. • Activation cost decreases as more 1DEV is burned. • Minimum activation cost: 300 1DEV. • The same activation model applies to Light Nodes and Super Nodes. Developer Holdings • 25% developer allocation. • Vesting contracts on Streamflow Finance. • Publicly verifiable vesting arrangements. Phase 2 Transition Phase 2 is triggered when either of the following conditions is met: • 90% of the original 1DEV supply is burned. • Five years have passed from genesis. Whichever occurs first. What Changes? • Node activation transitions from 1DEV to QNC. • Existing Phase 1 activated nodes retain their activation status. • New node activations require QNC payment. • QNC becomes the native asset used for Phase 2 node activation. Phase 2: QNC Native Token • Maximum Supply: 4,294,967,296 QNC (2^32). • Initial Supply: 0. • No premine. • New QNC enters circulation through protocol emissions. Node Activation QNET has two node categories: Light Nodes • Base activation cost: 10,000 QNC. Super Nodes • Base activation cost: 7,500 QNC. Activation costs are adjusted according to the number of registered nodes using a network-size multiplier. Network-Size Multiplier Registered Nodes: Below 100,000 Multiplier: 0.5× Registered Nodes: 100,000–299,999 Multiplier: 1× Registered Nodes: 300,000–999,999 Multiplier: 2× Registered Nodes: 1,000,000 and above Multiplier: 3× Resulting Activation Costs Network Size: 0.5× Light Node: 5,000 QNC Super Node: 3,750 QNC Network Size: 1× Light Node: 10,000 QNC Super Node: 7,500 QNC Network Size: 2× Light Node: 20,000 QNC Super Node: 15,000 QNC Network Size: 3× Light Node: 30,000 QNC Super Node: 22,500 QNC Emission and Reward Distribution QNET’s base emission is distributed between two node categories: • 75% to eligible Light Nodes. • 25% to eligible Super Nodes and Genesis operators. • Rewards are distributed equally among eligible nodes in each category. • Individual rewards depend on the number of eligible nodes sharing each allocation. • If one category has no eligible participants, its allocation goes to the other eligible category according to protocol rules. Reward Pools Pool #1: Base Emission • Funded through scheduled QNC emissions. • Distributed among eligible nodes. • Follows the emission and halving schedule. Pool #3: Phase 2 Node Activation • Introduced with Phase 2. • Funded by QNC node activation payments. • Activation payments enter Pool #3. • Distributed among active nodes. Node Participation and Responsibilities Super Nodes • Participate in block production and consensus. • Maintain and serve blockchain data. • Must satisfy network admission and eligibility requirements. Light Nodes • Support mobile network participation. • Do not require server-level computing infrastructure. • Respond to network requests and provide signed attestations. • Receive rewards according to recorded participation and eligibility. Transaction Fees • Transaction fees are separate from protocol emissions. • Net transaction fees are credited to the registered wallet of the block producer. • Light Nodes do not receive transaction fees. QNC Total Supply • Maximum Supply: 4,294,967,296 QNC. • Initial Supply: 0. • No premine. • New QNC enters circulation through scheduled protocol emissions. • Total supply cannot exceed the maximum supply. Emission Schedule Initial Base Emission: 251,432.34 QNC every four hours. • Emission halves every four years. • An additional 10× reduction occurs at Year 20. • Further four-year halvings continue after Year 20. • The emission schedule eventually reaches zero at 50 halving cycles (approximately 200 emission-years).
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Old Man Glenn retweeted
Replying to @lordwatezydseer
Updated! Node running smoothly and those $QNC rewards are coming in 🤙
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Old Man Glenn retweeted
QNet Blockchain update QNet Wallet 1.3.1 (32) is out on iOS: testflight.apple.com/join/Ee… The Android update is right behind it and will be live very soon: play.google.com/store/apps/d… • A redesigned app: a fresh look on every screen, with icons in the tab bar and for every token • Token details: each token now has its own screen with its balance and information • Token sending is fixed and simpler: Send opens a list of your tokens with a search, and the token you pick opens its own form • The Node tab shows a light or super node steadily, as the network names it • Move to wallet takes the whole node balance in one press and shows what reached the wallet • After a wallet is deleted the welcome screen opens; after a reset, the recovery phrase screen opens aiqnet.io • The whole site now speaks 11 languages • Connecting the site to the phone app is steadier: requests reach the wallet reliably and wait out a slow connection instead of failing • A new explorer: latest blocks live at the top, search with suggestions, network readouts, and token pages with their holders • My node shows your node, its status and its earnings at a glance, and an activation spends nothing until the network confirms the wallet has no node • Pages open faster and stay readable on any screen The QNet Wallet browser extension 3.1.7 is in review and will be updated soon: chromewebstore.google.com/de…
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Old Man Glenn retweeted
Replying to @RoundtableSpace
When the world understands and sees @AIQnetLab 👀 Your funds will be secured against any attack up to the post-quantum era with an ML-DSA-65 signature for each transaction 🔒 Everything is open source, check it yourself 🤷🏻 github.com/AIQnetLab/QNet-Bl…
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Old Man Glenn retweeted
QNET Referral Contest — Coming in November Improvements to the QNET app and network are currently underway. In November, a referral contest with prizes in 1DEV tokens is planned. Two ways to win: 1. Top Referrers Users who attract the highest number of referrals will compete for prizes. 2. Community Giveaway Everyone who attracts at least 3 referrals will qualify for a separate random draw, with winners selected at random. Every user who installs the Light Node will receive a unique referral code to invite others and participate. More details, including the rules, prize distribution, and number of winners, will be announced later.
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Old Man Glenn retweeted
Testnet is live, iterating rapidly, and open for testing: 🌐 Explorer & Docs: aiqnet.io 📱 Mobile Wallet & Light Nodes: Available on Google Play. 💻 Run a Super Node: Deployable via Docker ​Dive into the docs and test the network today. 🛡️⚡
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Old Man Glenn retweeted
The stock you’re not watching is the one that spikes. Borrow fees can jump from manageable to extreme between updates. And the stock making that move may not even be on your watchlist. Tomorrow, Extreme-Fee Radar goes live for INVARA Plus. → Watches all ~19,000 US stocks, not just the ones you picked → Alerts you in Telegram the moment any borrow fee crosses 100% or 500% a year → Lists every stock that crossed in a single alert, with its fee and shares left to borrow → Flags which of them can be minted as synthetics on INVARA No watchlist. No guessing which ticker to track. Hold 100,000 robinhood:0x9a7c661be578e50927268fb770146d701b3368e7 to unlock it: invaracore.com/plus
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Old Man Glenn retweeted
the new design now available for Android users 🔥 @AIQnetLab
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QNET BLOCKCHAIN @AIQnetLab iOS mobile light node new design. What a beauty to behold. 👀 Available for testing on iOS! Install TestFlight and join the beta using the link below or enter the invite code EeBbs439: testflight.apple.com/join/Ee… Node setup guide: Telegram: t.me/AiQnetLab/186 X:… If you encounter any difficulties during activation, feel free to join the QNet community chat for help: t.me/QNET1DEV Join us in testing QNet Wallet! x.com/AIQnetLab/stat
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Old Man Glenn retweeted
Big update: aiqnet.io and QNet Wallet have a completely new design. The site, the explorer, the node cabinet and the wallet app were redesigned from scratch in one style. Please make sure the current version is installed: - iPhone: QNet Wallet 1.3.1 (31) in TestFlight - Android: QNet Wallet 1.3.1 (31)
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Old Man Glenn retweeted
Ok. Let me try to explain this like the people that are reading this are toddlers. People don’t understand that @INVARACore is trying to solve one of the core problems @vladtenev built @RobinhoodCrypto for $INVR opens up a way to acquire hard-to-borrow stocks for a fraction of the price How this works: Mint the stocks synthetic equivalent - no need to borrow Through this way you can get access to stocks which would normally cost tens of thousands to even get Imagine a world where anyone can get exposure to almost any stock, regardless of how difficult or expensive it is to borrow This is insanely huge and one of the core visions of @RobinhoodApp
$AMOD’s borrow fee jumped from 762% to 849% in a day. At the same time, shares available to borrow fell from 75,000 to 45,000. That’s how borrow fees work: when fewer shares are left to lend, the price of borrowing them goes up. What that means in dollars: → Shorting $10,000 of $AMOD for a year: $84,888 in fees → Shorting $10,000 of Apple for a year: about $28 $AMOD is now the 4th most expensive US stock to short. The top 5 this morning: → $FXHO: 907% APR → $BBCI: 889% APR → $BKYI: 853% APR → $AMOD: 849% APR → $VEEA: 848% APR The fee is charged for every day a short stays open, so numbers like these can wipe out a short position. Live fee and shares available: invaracore.com/s/AMOD?ref=x
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If you have been doubting QNET BLOCKCHAIN @AIQnetLab and what a single developer can build independently, perhaps it’s time to take another look. The official website has just received a major interface upgrade, making it cleaner, more polished, and easier to explore. But beyond the new look, QNet is pursuing something bigger: restoring fairness, putting users first, and working towards full decentralization, alongside quantum-resistant cryptography and mobile-first Light Nodes. Explore it yourself: aiqnet.io/ 1DEV CA: 4R3DPW4BY97kJRfv8J5wgTtbDpoXpRv92W957tXMpump
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Old Man Glenn retweeted
A stock can be expensive to short even when its share price barely moves. The hidden cost is borrowing the shares. Some US stocks carry borrow fees above 50% APR. Others exceed 800%. That cost keeps accruing while the short position stays open. INVARA tracks borrow fees and share availability across ~19,000 US stocks. Know the cost before you take the trade. invaracore.com/screener?ref=…
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Old Man Glenn retweeted
$surplus is basically an openrouter where the credits live onchain (stripe paid a reported 7.5b+ for openrouter in august) you buy CREDIT below face value with USDG, get one openai-compatible key and call 450+ models. claude, gpt and open models through the same api. the discount comes from $surplus stakers selling credit they don't use --> builders pay less, stakers get paid. on top of that there's an llm launchpad: builders launch a token for their own open model, and 10% of every creator fee buys and burns $surplus. 19m+ burned so far. $orbio is at 25m in the same ai inference lane on RH. surplus is at 570k. i don't see why it can't take a real piece of that market. CA: 0xE1838f0dFF03a9327DeA87B2a2285850791297EC
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Tokenized Tesla and SpaceX are now worth $364.5M on-chain, across multiple issuers. Demand for equities on-chain is real. Issuing them needs real shares held by someone. A synthetic only needs a price. Tesla is one of 35 US stocks with a live on-chain price feed on Robinhood Chain, which is all an INVARA synthetic needs. iAAPL is first, and more markets follow. invaracore.com/testnet
Tokenized versions of Tesla & SpaceX shares have reached $364.5M in onchain market cap SPCXb: $138.7M TSLAx: $67.9M SPCXx: $50.3M TSLAb: $32.9M Multiple issuers are building onchain distribution for @elonmusk's companies
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Old Man Glenn retweeted
Find robinhood:0xe1838f0dff03a9327dea87b2a2285850791297ec
Robinhood Chain ecosystem is ready to rip. Billions.
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INVARA 专注于传统市场中股票卖空的成本,探索区块链金融领域的, 个实用细分市场。 $INVR 扫描大量美国股票,识别出借贷成本高的股票, 然后旨在提供区块链上聚合股票的访问权限。 其吸引力不仅限于将股票引入 DeFi:识别市场低效之处并将这些信息转化为实际行动,可以为交易者提供使用该平台的更切实理由。 近期开发进展也体现了对实用工具的重视。INVR 已推出不良贷款实时数据、清算计算器以及面向持有者的 INVARA Plus 功能,其开发路线图还包括清算监控器和 iAAPL 流动性奖励。如果这些新增功能能够提供可靠的信息和流畅的用户体验,将使产品更具实用性。 金库设计也值得关注。该项目描述了不可篡改的金库合约、最低抵押率和无需许可的清算机制。这些机制旨在建立清晰的规则,但用户应自行验证已部署的合约,并了解与抵押品、清算、预言机和合成资产相关的风险。 展望未来,为交易商提供更便捷的 API 访问、投资组合提醒以及透明的使用情况仪表盘,将使生态系统在发展过程中更加实用。 对于 INVR 而言,关键问题在于其数据优势和风险管理工具能否转化为在 Robinhood Chain 上的可持续使用。 这, 概念非常具体;产品方向正在逐步成型,其最终的实现将决定其发展程度。 CA: 0x9a7c661be578e50927268fb770146d701b3368e7
$INVR 正在构建, 个日益重要的代币化股权基础架构: 估值、借贷成本和链上股权访问的基础设施。t.me/INVARACore INVR Core 目前提供约 19,000 只美国股票的实时借贷费用分析,其非托管合成股票库已在测试网络上推出,且金库费用为 0%。 这些都是切实的产品里程碑,尤其是在机构探索如何将传统股权转型到区块链平台之际。invaracore.com/ 团队还推出了 INVARA Plus,提供持有者福利和钱包关联功能,并在完成端到端验证后,正准备发行代币。在可靠性和用户保护至关重要的情况下,花额外的时间测试系统是意义重大的, 步。 我感兴趣的是 INVR 如何将实用的金融数据与 Robinhood Chain 上新兴的代币化股票生态系统连接起来。关键在于,随着该领域的不断发展,如何将这些初始工具转化为日常使用。@INVARACore 这仍然是, 个早期项目,因此其采用、实施和最终发布细节都值得密切关注。 INVARA 的基础设施建设才是其值得关注的关键所在,它超越了短期市场波动的影响。📊
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Old Man Glenn retweeted
So much tech is flying under the radar rn bc of low volume Incredibly experienced dev shipping right before our eyes and somehow it’s still sub 100k Patience
Before you mint, know your liquidation price. The INVARA Liquidation Calculator uses the vault’s rules and the on-chain AAPL price feed to show how your position could behave. → Set your collateral and collateral ratio → See how much iAAPL you can mint and your estimated liquidation price → Adjust the AAPL price to see when your position becomes liquidatable iAAPL represents debt that tracks Apple’s price. If AAPL rises while your collateral value stays constant, your collateral ratio falls. Below 130%, your position becomes eligible for liquidation. Try the calculator on the homepage: invaracore.com?ref=calc
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Old Man Glenn retweeted
this is currently around $50k on rh btw
INVARA Core is establishing the data and execution layer for tokenized equities on Robinhood Chain. As we expand our infrastructure, here is the current state of the protocol and our immediate technical roadmap: LIVE TODAY → Borrow Screener: Live borrow fees & share availability across ~19,000 US stocks → Stock pages with live share cards for every ticker → Quant Terminal → INVARA Insights Telegram Bot: Fee lookups, alerts & vault position warnings → INVARA Vault on testnet (verified contract code) → Liquidation Calculator using real vault rules → $INVR & INVARA Plus tier for holders All of this shipped in under two weeks. COMING NEXT → Liquidation Monitor → iAAPL liquidity rewards → INVARA Vault on mainnet (post-audit) → Expanded synthetic markets → Public API → $INVR staking tiers → INVARA Mobile App (iOS & Android) FIRST UP: EXTREME-FEE RADAR A new INVARA Plus feature that alerts eligible $INVR holders when US stocks cross extreme borrow-fee thresholds, no watchlist required. Target release: Wednesday, October 21. invaracore.com
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