Posts made by jefe811

I have tried different computers, browsers, updates, cleared caches. This shows this way whether I am logged in with my wallet or not. Other trava functions are fine on the site. I have posted on this on telegram to but no change. Why is this happening?

@administration thank you for the info. We need to dump Fantom and move on asap. Time is money and our token price is low. We should pounce on either Optimism or Base. Base is likely going to be huge. But either choice is a great move. Time to move on. I feel we need Bricher to be updated asap on BNB as well. Any new chain choice should be the one easiest for your developers to add Bricher to be used in that network as well instead of just BNB only. Good luck and keep up the great work!

First off, the TRAVA team has done an amazing job and communicates a lot, thank you. Now that Trava has lots of features, has not been hacked and looks great, its time to clean up what we already have built before continuing to add new large features.

In order to grow Trava better, I feel what's needed next is to stop for the next year of expanding new things. The tickets and the governance I was not too keen on even though you built if flawlessly and it works. I just don't see it being used in Trava's current state. We should focus on making what you already built and make it even better or useful before expanding again.

Main Page:
The initial or main page of Trava with the digital mountains and three links is not very user or visually friendly, suggest we redo that again.

BUSD:
Its a dead stable coin. We should get away from it completely and just stick with USDC and Tether for now.

BNB:
Due to global regulators attacking CZ which is BNB really, we should be cautious and begin expanding to more chains quickly in case anything happens to BNB. I feel if BNB goes down Trava is done for since most of its utility is on that chain. That's a huge risk that the team cannot control that has nothing to do with Trava and its investors so we should protect accordingly and diversify.

Bricher:
Wow, what an amazing tool in Trava. Personally I think Bricher is one of your best features in Trava and most folks do not even realize or use it. What it needs now is to have more defi protocols added to it so it can search more and come up with better strategies. I believe the CREAM protocol should be removed from its feed since that protocol handled their hack horribly and they likely will be hacked again and not payback their users. Instead add in all the other defi protocols so it can find us the best yields throughout the different chains defi protocols. The lists should be updated quarterly to keep up with new protocols and remove others that have not shown themselves to be safe. Most importantly Bricher should be for ETH and FTM chains as well not just BNB. If Bricher gets more diverse and on multiple chains then it could be the biggest thing in defi.

Adding more new chains.
Having BNB, ETH, and FTM is great. But, more are needed. Maybe we could put out voting for this issue and which ones to choose. The other issue is most Trava features are just for the BNB chain. ETH and FTM chain users should have all the same feature use as BNB. If they did I feel the TVL on these chains would increase drastically.

Lending Pools:
They need to be simplified for the parameters, its very confusing which is why the most important feature of Trava has not taken off yet. Make it dummy proof then people will use it. Add more tokens for lending and keep adding. Also some type of notification or warning feature for pool users should be implemented so when liquidations are close to happening there is an email or something similar since most folks are not day trading 24 hours a day and watching prices constantly.

Trava Tokens:
Trava tokens themselves need a lot more utility and a continuous token burn feature.

• Trava should be allowed to be borrowed and lent on all of the chains in Trava Lending. It was featured in the test pool but now when the final one rolled out it cannot be done.

• Trava should use some of the transaction fees earned to complete monthly or quarterly burn of the original amount of minted Trava. This should stay in place permanently. This will only make the price of Trava more valuable.

• In order to strengthen Trava ecosystem for the rest of this bear market, the BNB/Trava safety passbook should be reopened again. That kept the price steadier and gave financial locked strength to the ecosystem. The downside is the similar issue with what just happened to Pancake swap too many unlocked at once and created a massive selling wave when unlocked for liquidity. But something to consider still.

• Many important analytic features do not work properly and need to be fixed and monitored.

Trava Knights:
The knights need real world utility now, they should be able to be leased by users so they can borrow your knight to earn Trava through missions, just like you offer Kawaii. The knight holders can earn rental revenue and so can the protocol.

Once the leasing feature is available the knights now have more value and could be used as collateral for lending on the defi pool platform.

Maybe you could partner with a blockchain gaming site where we could use our knights in their game protocols.

Trava Capital:
Trava capital needs a lot of help. It is impossible to understand what money in reserves is actually there. Also what is the actual token circulation count? Coinmarketcap and Coingecko need updates on the token since the price is not tracked anymore. No way for investors to know what the value per token is based off of reserve assets. There should be a visually easy view of token reserves or investments along with their daily market price then divided amongst the circulation we now all know the value per token. I feel a team is needed just for this protocol and if there is one and that's all they do, then we need more folks. We also need more communication. My biggest fear for Trava capital it seems to be a blatant or obvious security or stock share the way it is designed now. Being from the USA I may not be allowed to trade these in the future unfortunately.

Marketing to DEFI investors:
More needs to be done and we need some large investment groups not individuals that want to use the protocol daily to earn money with their capital via lending. Not people just to buy Trava to hold. The current market cap value of Trava is ridiculously cheap. If any bank wanted to enter blockchain defi, it would cost them at least $20M and years of work to build out this same platform. That's what needs to be educated to the public. If JP Morgan or similar bank were wise they would literally buyout trava for its technology and platforms and plug it into their current customer base. It would be pennies on the dollar discount, instant defi usage and they would be ten steps ahead of all their traditional banking competitors.

As a long term investor, platform user and Hodler, these are my two cents on what TRAVA should do to make sure we at least hit a $500M market cap which should be a bear minimum goal in this next bull market that is coming sooner than later. Good luck to everyone and the TRAVA team, keep up the great work!

Jeff

@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.

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?

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.

@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.

https://app.trava.finance/bridge/cross-chain-swap

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.

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?

@bigben I think your idea should seriously be considered and voted on!

@ductrava Thank you for the updates and information on Trava security.

@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.

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.

@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!

@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

@cobra-kai thank you for the info

@annietrava thank you for the info and updates.

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?