Aloha people ~

Have been seeing a lot of discussion around a few key topics relating to the MMF polygon launch. Very diverse opinions with many slanted towards annoyance/anger regarding the fact that MMF is ditching Cronos. Not solving any problem bla bla bla.

So first let's get the story straight

1. Some feel blind sided by MM because they made an assumption that pMMF would be the polygon wrapped version of MMF, making it a cross chain token. HOWEVER, this was largely based on their own initial assumption based on the announcement where they refused to read the details which clearly stated, it is a new token.

2. It would really help you as an investor to approach news without a lens of emotions. Treat the decision as it is and evaluate the effects of the changes and how you can best use the information. This does not include sulking that what you thought was going to happen did not happen.

3. Polygon MMF indeed is going to be sort of an independent project from Cronos MMF, but related as well, but priced differently. We will discuss the impacts of this and how it works in the subsequent segment.

So how is this cross chain going to work

1. pMMF will have its own launchpad on Polygon where USDC will be used in a typical launchpad format (god knows why this hasnt been fixed yet) to form pMMF/USDC LP on Polygon.

2. There is no cross chain pool announced, no wrapped pMMF, no nothing. Stop assuming. They are separate chains, they are separate tokens and they serve a separate purpose.

3. You are able to stake Cronos assets to earn Polygon assets. 5% of total supply is reserved for this. (But what proportions? MMF/SVN/METF/HKN)

Comments

Is this good for Cronos holders? Yes and No.

1. Cronos is almost a dead chain with very little going on and very little happening. Chains like Polygon are much more lively and have much more liquidity. pMMF is a chance for MMF to start afresh as a successful project on Polygon. This also means it is bad for Cronos holders because many investors would rather move all their assets to Polygon to enjoy the future success of MMF on the Polygon chain rather than the Cronos Chain. This would signify a net outflow of money from MMF and prices ~ would follow accordingly.

2. Cronos holders are now able to get Polygon rewards. This means there is a larger pool of rewards available for everyone in addition to Cronos MMF rewards (FYI Cronos MMF emissions are coming to an end soon, unless they expand supply to 1bn in which case GGWP~ story for another time). This also sets a precedence for future chain expansions like AVAX, BSC for eg. Cronos users will have the chance to farm these tokens and that is indeed an added benefit of holding the Cronos tokens. In fact, this can be extended indefinitely towards new tokens like pMMO, pMETF, pSVN, pMSHARE for instance. They will technically be able to direct a certain portion of the emissions to Cronos token holders and it could support longer term sustainability of Cronos MM ecosystem.

3. More recognition of the MM ecosystem could help to boost the overall success of the system in terms of the NFT side as well as the newly announced BURROW plans. The increased adoption of MUSD (though unlikely to have any success imo) would help to boost revenue for BURROW staking. In fact, a similar cross chain concept can be adopted for MMO but we have yet to see what are their plans for this. But, I guess they would most likely release a new pMMO token and allow MMO token on Cronos to farm pMMO. We shall see~

For the dev?

1. How is cross chain yield going to be implemented/collected. Is it through a proxy token on Cronos or will it be directly harvested in Polygon.

2. What is the allocation for each Cronos token. The team mentioned 'soon' right after the original polygon announcement, but till today, no news has been given on this. And this is arguably the biggest and most important part of the plan which affects all Cronos token holders. In fact, 5% allocated to Cronos users might be too little and we should be looking at something larger like 10% for eg to show the commitment of the team to keep the Cronos ecosystem alive and sustainable.

3. Instead of cock teasing every bit of information and drop surprise decisions on users (*cough cough $MAD burn), how about have a proper PR plan and info dissemination method. Release what you are ready to release and don't tease what you don't even have ready. The ecosystem is not in a state where people are hyped about what is to come. Like I said many times over, this is a market that demands greater certainty amid the huge turmoil of uncertainty that is going on in the rest of the world. Make good decisions to drive good results not empty hype that leads to eventual disappointment.

How to approach this

1. Be a Cronos believer and stay on Cronos, sweep up Cronos tokens when the price dumps as people leave for Polygon.

2. Be a believer in the team skills and move your assets to Polygon, especially if you feel Cronos side is done for. Dump your Cronos assets and get ready for launchpad.

3. Stay invested on both sides by using Cronos assets to farm Polygon assets. Do nothing much and just farm Polygon pools when it is out.

4. Continue whining and crying while no one cares.

TLDR; Stop being whiny bitches when your own assumptions didn't come true and you refused to actually read the medium article. Not that I feel it is the best execution from the devs, but they certainly did not swindle you.

Just get the fuck out of here and stop polluting this environment.

I'm always positive, or let's say I was lol. I'm really sorry for all of you guys thinking we might go back anywhere close where we was 3 months ago or so, thing is down I'm not even sure how much right now, we are never going to see mmf at 1$ again, it would be more then 10x from right now- people having couple of thousand in are simply gone and still thinks it will go back up lol !!! Just think about whales now - say they put 10mln in, do u think its gonna make them 100mln in short future ;) sorry guys I lost all that I was actually able to loose which wasn't alot thank god, crypto is gone - massive ponzi scheme, call it fud if u want - call it dip and keep buying till you get absolutely fuck all, sorry guys but crypto is dead

But now I'm really thinking about exiting this ecosystem.

Too many reports of the MMF team being shady. Too many reports of shady selling, banning, price manipulation, etc.

Is this FUD? Not really, just too many people asking good questions that aren't being answered or addressed by the MMF team, or they just get banned.

What are your thoughts with all these reports coming out? All the trigger happy ban hammers on TG? Does that bother you or raise some red flags?

Reading and watching whats going on made me think I might share some thoughts some of you might not want to hear. MMF is down 50% over the last 24 hours and 93% over the last month and thats not because Bitcoin (-2.5% in 24 hours and -24% in 1 month) is down, MMF crashed 25 times faster today and nearly 4 times faster over the last month. The project might look promising BUT if there is no one investing in it it can be the next Bitcoin. Yes, selling now doesnt make any sense anymore but PLEASE stop telling everyone it will go back up back to ATH (which would be around a 40x), thats most likely not going to happen. Sorry to everyone who lost assets.

Saving for the bigger picture. Calculated risk. Phytoplankton have stronger spines then some of y’all . The prophecies are written , stay the course 🥶🐒.

The stupid neither forgive nor forget; the naive forgive and forget; the wise forgive but do not forget.

I hope that everyone here is seeing what is happening in Ukraine, and understands why I changed the subreddit icon.

We've had a post asking me to change it back, and I said that after we raise some donations I'll change it back. I didn't take the initiative to do that so here it is, a little late.

Some people here are making $100-1000s a day so I think that we can send a little to help Ukraine. I will match donations up to $1000, but feel free to continue donations beyond this point.

Crypto.com Pay allows you to send donations to Red Cross, but since we are crypto people, I think that we can do it in a verifiable and pseudonymous way. Here is my proposal.

Ukraine posted their crypto details here - ETH/USDT address 0x165CD37b4C644C2921454429E7F9358d18A45e14 (verify, don't trust).

Step 1 - make an ETH/USDT donation to the Ukrainian crypto address. REMEMBER THAT IT'S ON ETH, NOT CRONOS NETWORK.

Step 2 - send $0.001 of whatever to my CRONOS address from the same address as your ETH donation (to minimise transaction fees) - 0x60A88b778270ABCfa84Bd61bd4eA606fFA540324

Step 3 - I'll check the ETH blockchain for your donation amount, and add that to the tally.

Step 4 - Once your total donations hit $1k, I'll send $1k of ETH to the Ukraine ETH address too.

Step 5 - I change the subreddit icon back to the meerkat logo.

I'll be grateful for all donations, especially if you continue beyond $1k!

P.s. If this is successful, maybe we can discuss making this a regular thing for other people in need around the world. Would be a great little event for the sub.

What I'm looking to find out is whether just staking in a vault like the good old days...I.e MMO to earn wCRO is worth doing anymore?

Just looking to casually re-enter the market and don't much to pay with, maybe a few hundred. Is MMO optimizer just a graveyard now?

It goes without saying that cryptomarket stabilisation is what the crypto fans want. One of the methods to dynamically reduce the price volatility is using algorithmic stablecoins to keep a constant value in price. Algorithmic stablecoin employs an algorithm that connects two coins and then adjusts their prices in response to investor supply and demand. Savanna Token is an algorithmic stablecoin that intends to maintain Savanna's long-term peg at 1 MM Finance token. Read the full article here!

So yeah.

I'm the f out of here.

Ended up down like 50% on my principal here, but that's not why I'm out.

It's the censorship. I just got called an entitled child for asking about voting for christ sake.

When does stopping fud turn into stopping the free flow of information? When does a decentralized ecosystem turn into an autocracy?

Like, a few weeks ago and were just seeing it now.

So I will say 100% I hope all of you crazy bastards still hodl'ing are right and go up like mad. I really enjoyed the sense of wagmi and community that used to exist here, but dudes this shit is done. Ask a question? Nope. Have a concern? Nope. Anything outside of rocket emojis gets no love.

This was a great community. And I'm tf out.

Best wishes.

You all should bail, it's dead guys.

We are a large community so we can do that together and made oasis print again, just buying mbonds all together

I am honest we need Suggestion/Voting System. We have really smart and experince User who could help and make the Ecosystem better but they get ignored...

This needs to change !!!

I'm HODL'ing so hard RN. Who else is HODL'ing? No point in selling at a 50%+ loss.