Paraphrasing/use of text spinner
User
AfshinNPosts archived
https://archive.fo/D8kIJ https://archive.fo/DpOHDOriginal sources
Cointelegraph Consulting: Ethereums on-chain activity surges and bullish sentiment spikes DeFi Governance Tokens Face Three ChallengesI noticed that in very short period of time this newbie user managed to churn out 10 topics yesterday. At first it looked like he was copying his
own reddit posts and just posting them here, but it somehow didn't add up so I just manually checked few Ethereum articles on known sites and voila, found something. It looks like he is paraphrasing and using text spinner for certain words like "Atrium" for Ethereum (I guess) and "floor" for bottom to avoid detection. I've seen some weird words due text spinner use, but I don't remember seeing "Atrium" yet.
There is one more suspicious topic that looks like its done in the same manner, but these two examples should be enough to prove @AfshinN real intentions.
A number of Ethereum floors have followed the same pattern over the past two months, representing a wave of sales due to panic and redistribution of Atrium by dominant traders, allowing for a quick return to price. Ethereum Thirty-Day Market Value Ratio (MVRV), which tracks the average profit (or loss) of all addresses purchased over the past 30 days, indicates that short-term holders earn an average of 8% profit. . At present, Atrium's 30-day MVRV ratio is still far from what has historically been considered a "danger zone", indicating the levels at which short-term holders have sought to sell their assets in the past.
Another notable trend is the 365-day atrium shutdown cycle, which tracks the movement of all tokens that have not changed in more than a year. This number remains at its lowest level on October 7 with an average daily floor of 13,438 ETH, indicating that long-term ether holders still do not intend to sell despite recent price recovery. Calculating the profit loss of the Ethereum network, which is the average profit or loss of all the coins that change daily addresses, is a good way to find out which holders are afraid of selling at a loss. Amid the market crash on March 13, 2020, Ethereum Network reported a total loss of $ 2,932,200
A number of Ethereums bottoms over the past 2 months featured the same behavioral pattern, suggesting a wave of panic sell-offs and short-term redistribution of Ethereum to strong hands allowing for a more sustained bounce back. This metric remains important as statisticians can calculate the "blood in the streets". Ethereums 30-day MVRV ratio, which tracks the average profit (or loss) of all addresses that acquired ETH in the past 30 days, indicates that the short-term ETH holders are, on average, currently up +8% on their initial investment.
Another noticeable trend is Ethereums 365-day dormant circulation, which tracks the renewed movement of all tokens that have previously not changed addresses for more than a year.This number has stayed relatively low since the October 7th bottom, with a recorded daily average of just 13,438 ETH, suggesting that long-term holders are still sitting on their bags despite the recent price bounceback.
Ethereums Network Profit/Loss, which computes the average profit or loss of all coins that change addresses daily, are a good way of seeing which holders are panic selling at a loss. Amid a market-wide crash on March 13th, 2020, Ethereums network realized a cumulative loss of -$2,932,200
Here is another example from one of the articles he paraphrased:
Common tokens
The main trend in Governance tokens right now is that every major DeFi platform should have one. Over the past few months, we have seen Uniswap, Aave, Curve, Compound, Balancer, etc. launch their own special tokens, making a splash in the market.
Challenge One: Focus centralized
The obvious problem that most governance tokens face is focus. About 46% of COMP tokens are distributed to shareholders and founders of the Compound team. This gives the inner circle more leeway in governance decisions than the users, which exacerbates the problem that the proposers themselves are the inner circle.
The second challenge: interest farming
Extracting mining liquidity poses another problem for interest farming that government tokens and the platforms that use them face.
Due to interest rate farming, we may potentially face a situation where debtors are unable to repay loans, creating a deficit in a particular Governance. Such a deficit can undermine the stability of the platform.
Challenge 3: Encourage the founder to leave the project
One of the main issues is for the founders to sell their tokens and leave the project sooner. This happened recently with SushiSwap,
Fashionable token
The main trend in governance tokens right now is that every major DeFi platform needs to be seen to have one. Over the past few months, weve seen Uniswap, Aave, Curve, Compound, and Balancer (among others) have all launched their respective governance tokens, generating market buzz in the process.
Problem one: concentration
About 46% of Compounds COMP tokens were distributed to shareholders, founders and the Compound team. This gives the inner Compound circle much greater weight over governance decisions than users, something which compounds (pun intended) the aforementioned problem that this inner circle will also be the ones making the proposals.
Problem two: yield farming
The mention of liquidity mining, yield farming brings us to another problem faced by governance tokens and the platforms using them.
Because of yield farming, we may potentially encounter a situation where debtors are unable to repay loans, causing a deficit in a particular governance token. Such a deficit could undermine the stability of a platform, although Kivlighan said AAVE has introduced a system to guard against this possibility.
Problem three: incentivizing founder exits
One of the key issues is with founders selling their tokens and abandoning the project early. This most recently happened with SushiSwap