AMA with Sasha 29/11/24

The AMA session with the Waves’ founder Sasha Ivanov is back! This week, Sasha has prepared some updates on the node support program and answered questions from the community members. Find the full version of the stream here.

//Recap Start//

Key Points:

• We have restarted the community node support program! We intend to increase the number of nodes involved in the validation of the Waves Network and subsequent Units Network blockchains, so we will support new nodes by leasing them $WAVES tokens for a certain period of time. Read the terms and conditions of this program here.
• Now is the time to get involved in the mining process if you intended to do so. As the ecosystem evolves and new Units Network blockchains are being launched, your APY will only grow.

Q & A

Q: Hi Sasha, how’s the recent situation with Alameda? As I recall they sued Waves?

Sasha: Yes, but there's not much to say about this at all, everything has already been said almost two years ago. Some people want to get the most out of the FTX crash and their liquidator is now starting up as many cases as possible in hopes of some of them being successful.

Q: What about WEST and the Waves Enterprise project in general?

Sasha: WEST has quite a complicated history, but even now we are getting interesting offers from VCs regarding WEST, so I would expect announcements about WEST in the near future.

Q: Any plans for meme token trading platforms on Waves and Units Network? 

Sasha: We can expect their release very soon. However, I think we need a new generation of meme tokens, as for many people their interaction with meme tokens ends with just selling them, and we need tools that generate income constantly, so that they always remain a part of the community.

Q: I heard that Luna has prepared a plan to stabilize UST, have you seen it yet?

Sasha: Yes, however I don't think it will work for them. With XTN, we intend to continue to buy tokens back and reduce supply through burning.

Q: Do you have any plans to relist WAVES or UNIT0 on Binance?

Sasha: I'm not against the idea, however at this point I'm not worried about listings on new platforms.

Q: What about Feature 23? Are there any plans to implement this proposal?

Sasha: I guess I should explain again the idea behind this proposal. As you already know, Feature 23 proposes to increase the issuance of WAVES by a factor of 10. This will help with liquidity flow, solving a number of ecosystem problems, but it will also significantly increase the supply. This will last 6 months after which the WAVES issue can be reduced to zero. After that, the miners in our ecosystem will be able to continue their work and be rewarded in UNIT0 and native tokens of subsequent Units Network blockchains. But I don't think this is the right time for Feature 23, and its adoption could be delayed a bit.

Q: What's the most exciting update or project you think is next for the Waves ecosystem?

Sasha: I think it's definitely Power DAO which is expecting a massive update and onboarding in Mother DAO. I highly suggest keeping an eye out for the news on it.

//Recap End//

Stay tuned for future AMA sessions by following Waves on Telegram. Learn the latest news and updates on the Waves ecosystem first-hand, directly from the Waves mastermind, Sasha!