/r/donuttrader
An exclusive forum for the DONUT connoisseur. Buy, sell, and trade highly lucrative ERC-20 tokens received for karma on r/ethtrader. ;)
An exclusive forum for the DONUT connoisseur.
/r/donuttrader
Currently Donuts are available across 3 Chains
$DONUTs can be manually added to Metamask or any other wallets by using the following contract addresses.
Ethereum Mainnet 0xc0f9bd5fa5698b6505f643900ffa515ea5df54a9
Arbitrum One
0xF42e2B8bc2aF8B110b65be98dB1321B1ab8D44f5
Gnosis Chain 0x524B969793a64a602342d89BC2789D43a016B13A
Donuts are now on Arbitrum as well. You can trade $Donuts on Sushi.com
$DONUT on a tear again. Traded as high as $.062 so far.
Looks like the old, hard, stale $DONUT is warming up with the COFFEE today.
$.1 possible. Interestingly the Market Cap of $DONUT still only $10M. Current $DONUT price .047
$DONUT at a critical trading level. If we break this $.0125/DONUT level likely we run up to .02 range.
/r/ethtrader governance approved moving $DONUT to Arbitrum and other changes you can read on the ethtrader snapshot page. https://snapshot.org/#/ethtraderdao.eth
I honestly don't see too many concrete changes that will lead to better content, but time will tell. The proposal to move to Arbitrum was not really explained nor are there any metrics of success being applied nor any reasoning for why Arbitrum would be a better home for $DONUTs. Also noted that DONUTs still will need to be minted on L1 and transferred to Arbitrum, and distributions both for DONUT and CONTRIB will go up 10x from something under $.01/tx to $.10/tx.
Right now DONUT price is on the rise with significant speculative accumulation going on.
https://dexscreener.com/ethereum/0x718dd8b743ea19d71bdb4cb48bb984b73a65ce06
voting clearly is driven by OG whales aminok and carlslarson each with roughly 5M of voting power. Without one of them voting proposals usually don't make quorum and fail. There was a proposal discussed to limit voting power, but I think many people didn't think this would help and could expose governance to other hazards/attacks.
There are various new initiatives by folks like Friendly-Airlines - to make a constitution - to create user tier levels based on CONTRIB they hold, etc. Will have to see what happens.
My take on DONUT market cap, trading etc. Moons, Bricks, etc. trade with higher caps but much lower liquidity and in all of these cases - the actual USE case is highly limited and not overwhelming really. There is a very high risk two people could drive through a governance proposal that either heavily dilutes, or causes significant price disruptions for other reasons.
For now enjoy the price rise.
FYI: Full disclosure Eth-Man.eth sits on 380K worth of voting power, and 1.3M DONUTs. Make that over 2M with the DONUT/WETH LP I own.
Distribution 129 is out. 130 is being worked on.
There are a few governance proposals put forward.
https://www.reddit.com/r/ethtrader/comments/183lvmw/governance_poll_proposal_monthly_donut/
Reduces DONUT inflation by ~20% from 14%/yr to ~12%/yr (2.3M/month to 2M/month) and proposes altering the distribution to 1/3 LP, 1/3 users/comments/posts/tips, 1/3 everything else.
PUBKARMA trial - Proposal to allow users to use bot commands like !up !down, !U, !D, etc. as a 3 month trial opt-in feature for people to up/down vote publicly. Everyone has been complaining about downvoting and there was no voting alternative being put forward. The 3month trail is designed as a test with the goal of seeing if people would use this, and whether the data collected might be a better measure of content value creation than reddit net up-down voting that is known to be flawed,
https://www.reddit.com/r/ethtrader/comments/181wir6/governance_poll_proposal_dynamic_pay2post_fee/
Use a formula to calculate the pay2post, and implement a 3 post/day limit for all users.
Proposals passed.
https://www.reddit.com/r/ethtrader/comments/17re00e/governance_poll_proposal_use_mydonuts_csv/
Allowing reddito data to be used as input for distribution payouts allowing distribution 129 and 130 to be computed and paid out.
DONUT trading muted volumes low.
Personally just selling most of my DONUT LP rewards on GNOSIS and accumulating them on ETH. Band trading somewhat. accumulate sub .01 selling trading positions .012 and above.
Most recent large sell was 857K DONUTs on L1 (wallet still holds 300K) for slight ETH loss of about .4ETH on the total.
Hope everyone in the US had a productive family social time and didn't eat too much during the Thanksgiving Holiday!
As to my take on these markets (for what it is worth). Everything feels top heavy. I personally continue to lighten up to raise cash where things look weak.
Selling COW .30, VELO > .05, AERO > .033, OP > 1.85
Buying on dips SOL, BTC, wBTC, AGVE, VELO < .046, AERO < .025
https://dexscreener.com/ethereum/0x718dd8b743ea19d71bdb4cb48bb984b73a65ce06
Also LP returns on DONUT/ETH v2 Uniswap LP almost 100%
https://donut-dashboard.com/#/stake
Is it time for new ATH?!
Or will they only remain there and only there? Just curious.
Is anyone else having issues with the donut dashboard not showing a rewards balance? I'm not to worried about it in the short term but eventually I'll want to withdrawal them
Hate to be that guy but I cannae connect MetaMask to Reddit to the Brave extension. I've dropped the blocker and Brave, reloaded and no luck. Can anyone assist? TIA
over the last few months i havent been able to claim any donuts that i know i've accrued. i currently have four blocks on my airdrop page that just stay on "retrieving airdrop data". why is this? will i ever get donuts? i-i
thank you
With the release of V3 I was wondering if there are plans to add to staking rewards for uni V3
In Aragon I get the following message when I try to collect:
"ACTION IMPOSSIBLE
The action failed to execute. You may not have the required permissions."
Any help is appreciated!
ok so im not sure when the last airdrop was but i have not recieved any Donuts ever and my metamask eth address is linked to ethtrader. Also i didnt have access to the nft that was available. not sure if i did something wrong. Ive also checked explorer on xdai and nothing there either. any help is appreciated.
Should have gotten Donuts on the last drop, but cannot claim on Aragon. it won't sync Donuts as a token. anyone else have this problem? any help would be great!!! I am proud to be an ethtrader contributor, but am getting soured that I cannot get my Donuts for it.
Hello, I forgot to comment on the post for xdai donuts distribution, I didn't take them to main network. Can i get them on xdai network?
Next drop date for Donuts? Looking forward to it.
:(
Something to make people aware of its existence, spreading the word, a L2 solution, something?
https://github.com/Uniswap/default-token-list
Beeing on the default Token List would increase the awareness about DONUT by 100x. This is a
huge opportunity. The more upvotes we get the more likely we get added!
should contact them asking for DONUT to be added to the category.
I was thinking today about an update to donut/contrib issuance that would increase demand/buy pressure of donuts. I am no finance expert by any means so feel free to criticize or tell me why this wouldn't be a good idea:
The current system rewards you with an equal amount of Donuts and Contrib and the donut balance must equal the non tradable Contrib balance to give you your full voting weight. What if we increased the contrib rewards x2? That way to achieve your full voting weight you would have to market buy more donuts.
In the current system your activity on the sub will give you your full voting weight without any buy pressure. Users/contributors don't have to buy donuts at all to make changes/vote about decisions on our sub. And the shit posters just out to earn money will sell every month without caring about voting, subing, buying the banner. This combination doesn't sound good for positive price action.
Why do we need donut price to be high? The higher the price of donuts, the more incentive to participate in our sub. The higher quality posts and submissions (hopefully) It would also give our ethtrader dev fund more opportunity's to do cool stuff. I personally funded a Gods Unchained tournament with donut profit a couple months back. Gaining us to our first official sponsorship? (could be wrong about that)
https://www.reddit.com/r/ethtrader/comments/iyqhf2/rethtrader_is_sponsoring_a_gods_unchained/
To further brainstorm, we could also set a requirement of being a paid member of the sub to have your upvote affect donut issuance. This would crack down on the bot upvote farms that i have no doubt are in action. Further decreasing the un-natural (bot) sell pressure. Could also require being a paid member to earn donuts from upvotes in the first place?
Any suggestions or thoughts would be appreciated! We are at a crucial moment for our sub and im as excited as ever. Best of luck to you all!
-thepaypay