@hathorcomfy that makes sense. I also am concerned with the exposure to BNB. These past few months have shown there could be a collapse of the chain if its ever found that Binance is having financial difficulties or serious legal issues. I feel we should maybe increase our exposure to just ETH and BTC instead and minority stake in BNB. Also it may be wise to follow what Iron Bank has done and keep adding more networks for the platform use. Avax, Algo, etc., in case BNB falls it won't harm Trava as bad. Currently most of the transactions on Trava are on the BNB chain. FTM is great on Trava, but the ETH chain is having issues and is the most expensive way to make defi transactions.
Posts made by jefe811
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I am still unable to claim my trava staking rewards on the eth network. I was able to remove my staked amount affordably but when I try to claim my rewards for the past 45 days it says $1,500 in gas fees. It seems to be an issue on the code. Is anyone from Trava going to respond to this? It seems you guys built this forum but no longer visit it or respond?
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Hi,
I cannot claim my staked Trava awards on the ETH network via metamask due to a contract issue with Trava site. This has been going on for more than two weeks. Can anyone give me an update on this?
Also on the bridge section, how come we cannot bridge our ETH trava to BNB or FTM trava? This would be very helpful.
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@annietrava thank you for getting back to me. I just tried again and it is not showing up on the screen it is blank still.
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Hi, I have been invested and staking TOD for awhile. It seems the Trava team has not given us any updates other than the need to drop yield and vote. What is the forward plan for q4 and 2023 since it is selling for 0.33 yet has a reserve value of $1.02. Very confusing.
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Every time I go to use the cross chain voyager on the trava site on the bnb chain, it shows up for a split second and then disappears. Seems to be a glitch in the app code. Is anyone else having this and will there be a fix soon this has been going on for over 3 weeks?
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@bigben I think your idea should seriously be considered and voted on!
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@ductrava Thank you for the updates and information on Trava security.
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@kel thank you again for the detailed response to my post. I had read the audits before originally investing but the rest of your response I feel is unknown and should be on large display in the token information. It is very valuable stuff and I appreciate you sharing all of this. Also another great feature being missed out in the fine print is the token burn or deflation mechanism Trava has also implemented. I feel that all the new features and cool stuff is great for most retail investors. But I feel these detailed "other" mechanisms the Trava team has implemented is not well documented or bragged about and should be. For the larger or institutional investors these facts need to be on full display right beside all the fun updates. Your updates on this post show us more reason why this project is so undervalued and a great deal at todays prices. Thanks again.
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Hi, I just wanted to discuss the current state I feel of the defi market. I feel the entire defi crypto market is beaten down due to two main reasons: Hacking and unclear future regulation from most major countries. Once these issues become more "handled" I feel there will be the enormous future for defi like originally planned. From what I can see a lot of the hacking has to do with bridges, lazy coding, and failure to keep up with constant security updates from prior hacks on other platforms.
In order for TRAVA to continue and be the super success I feel it should be, what is Trava doing to keep things continually secure as the hackers keep getting more and more sophisticated? I read the work they have already done for security and that is great on their whitepaper and website. The communication and updates from the TRAVA team are also great but I feel that they should begin a constant update and discussion for investors of how they are continuously working on security to protect the platform. I feel that the security of the protocols is just as important as the cool new changes and new products to ensure strong future growth of market cap. If TRAVA ever gets hacked, I feel it is too small to survive a true recovery to its future it deserves. Can anyone update us on the latest security work and maybe make that part of the marketing plan to show the continued focus on growth as well as security for the platforms? I feel this would bring us in the bigger investors once that is more proven over time.
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@mazz086 I love this idea! I feel most of the sellers of Trava right now are holders selling their staking rewards for cash flow. This would end the selling in this down market, great idea!
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@kel thank you for the in depth info. I was aware of most of the items all have discussed and I am hoping as the TOD is implemented in more parts of the total Trava ecosystem we should see a recovery at that time. I am a long term holder in all of my crypto investments which I got into in the beginning of 2017, we mined ETH for many years until the equipment became obsolete. My partners and I have begun acquiring, staking TRAVA, buying one of all the NFT's (which we have been farming) since January when we first found out about the Token and its ecosystem. The TOD we decided to do since its will just help and should be valuable plus my partner grabbed the Sir Kuana knight the other day so he will be increasing his TOD holdings soon as well. For us we are just in plain shock at how much the Trava team has built out, the great transparency constant updates, etc. We feel this project is so undervalued its really gross now. At this point we are just buying more. Hopefully the general crypto population sees this project soon because at this point it seems to be a cheap acquisition for any tech hedge fund at these prices. The technology and ecosystem alone is well worth three times the current value of all tokens in our analysis. I feel Pantera Capital needs to be introduced to Trava at this time because once they look at this I feel they will be grabbing tokens hand over fist. If I was heading the marketing team at Trava I would be calling their offices daily until they get a meeting. Good luck to everyone and this new forum is another great addition, will be making some more posts and discussions soon. Jeff
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@cobra-kai thank you for the info
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@annietrava thank you for the info and updates.
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I have a lot of TOD and plan on staking for a while but was quite shocked at how fast the value has plummeted and how fast the returns have begun diminishing. At this point is it becoming a failure just based on price action? Also, what does it take in the protocol to gain value again? More buyers/users? I guess my question is how is TOD even given its sale value? What underlying factors increases and decreases it value?