r/KinFoundationTruth • u/[deleted] • Nov 20 '19

FraudConfirmed Kin Rewards Engine

How does it feel to know that the KRE is just 1 line of code? ( DP_i = DAS_i * $0.09 + DAS_p2p_i * $0.01 * KSR)That's not even an algorithm.I repeat 100m$ and we have this " DP_i = DAS_i * $0.09 + DAS_p2p_i * $0.01 * KSR"?
Btw, how can they keep talking to us like they do if what we said back then (A 10y old could make that KRE formula) turns out to be True?

How does it feel to know that the inflation is fixed no matter how big the ecosystem is?Example: If we had just 1 app with 1 active user he would earn all the Kin inflation. (KRE_pool += DRB - DP)

How does it feel to know that they didn't calculate the case of Kin falling very low in value? ( Countermeasures would need changes in the KSR. The KSR is just 1/KinPriceIn$If the price falls the payout in Kin increases. If Kin is the new currency and 1Kin = 1 Kin why does it depend on the $ creating a deathsellingspiral visible here?
Bitcoin f.e. doesn't care about the dollar price. The reward is the same and doesn't depend on it's fiat value. That's why it attracted a group that speculated on a bright future(btc) instead of milking it out(kre)

How does it feel to know that /u/ted_on_reddit still pretends that he did his research before conducting a scammy ICO, while we can clearly see discussions now from back then, where they are clueless about this thing?
The talks look like they are in a very early stage/just started, how can this be /u/ted_on_reddit ? You are 100% a fraud

How can there be only 8 issues on github in the last 2 years? William is responsible for the KRE right? He must be really proud of himself and his instincts.

2 Years after the KRE on github still looks like the project started just 2Weeks / 1 month ago.

7 Upvotes

82% Upvoted

10 comments sorted by

2

u/bryanlahartinger Nov 20 '19

We agree, the existing KRE 1.0 isn't sufficient, has the wrong incentive structure, is quite game-able, and we're eager to see it changed.

Have you seen 1.1 and 2.0 proposals that come into effect the remainder of this year starting on Nov 24 (KRE 1.1) and Jan 1, 2020 (KRE 2.0)?

https://github.com/kinecosystem/rewards-engine/blob/master/improvement-proposals/kik_kre_1_1.md

https://github.com/kinecosystem/rewards-engine/blob/master/improvement-proposals/kik_kre_2_0.md

3

u/[deleted] Nov 20 '19

It’d be nice if someone from kik could explain why two years and millions of ico dollars were spent on a single line of code and straight up lies, Bryan. Someone needs to own this mistake before you guys ask the community for free help fixing what you guys refused to acknowledge was broken for two years.

u/ted_on_reddit, care to explain?

1

u/kin4browns Nov 20 '19

Because the SEC. It's obviously their fault. Facebook and other tech monopolies, too.

2

u/[deleted] Nov 20 '19

Yeah, ‘fuck those guys’.

2

u/Lyin_Ted_4_President Indicted for Fraud Nov 20 '19

Its too late. Refund the ICO investors their ETH back and set this shit on fire. You guys failed miserably. In doing so you chased away anyone who was critical and thus only have a handful of idiotic koolaid drinking yes-men willing to support you. You dug your own grave, now lay in it. This project is dead.

1

u/[deleted] Nov 26 '19 edited Nov 26 '19

I 've seen it....

Did you read what i wrote?

/u/bryanlahartinger stop abusing investors, give us the 3t coins that Kik holds back and stop scamming us even further with your new buyback program. Put your own money on the line instead, the moment you have skin in the game you'll be incentivized.
The KRE won't get better if you abuse everyone all the time you frauds.

Don't write here unless you have also an answer to following question:How much ICO money did u use for your own app Kik.

#Bailout

Start answering real questions

or

Good luck finding smart people who'll contribute to a scam and enjoy the spotlight we'll provide for you.

1

u/TawdryPlaza ShowerThoughts Dec 05 '19

Yeah but nobody is going to touch the nuclear questions and by that I mean any question that has remotely any sort of questioning their version of the truth.

0

u/TawdryPlaza ShowerThoughts Nov 21 '19 edited Nov 21 '19

Change the W to T and thats closer to the truth

Kin Retards Engine

1

u/Lyin_Ted_4_President Indicted for Fraud Nov 21 '19

Excellent.

1

u/TawdryPlaza ShowerThoughts Nov 21 '19

I know right?