Filecoin Juan responded to everything with 40 tweets: Disclosed lending plan, Sun Yuchen said he will fork

On the evening of the 19th, Beijing time, in the face of many controversies since the launch of the Filecoin mainnet, Juan Benat, the founder of Filecoin and Protocol Labs, sent more than 40 tweets in a row to respond to everything.

1: He first posted a picture, saying that many people around the world are using Filecoin. Of course, most of them are Chinese miners.

(I’m worried for Juan here. It seems that he really doesn’t understand China’s national conditions. It’s unknown how many people will run away in this picture in the future.)

Juan said most of the people he came into contact with were down-to-earth, friendly and competitive, with only a few trying to abuse the mechanism and create trouble for their own benefit.

2: FIP-4

After talking about some new deployment tools, Juan talked about the FIP-4 protocol, which immediately released 25% of the mining income and a 180-day linear release. He said that this was not a sudden reaction, but the result of discussions over the past few weeks, and said that it is not recommended to make any changes to the main cryptoeconomics protocol quickly without proper in-depth analysis. In short, there is no need for rapid changes unless there is a security vulnerability.

3: HFIL

He praised Huobi's release of HFIL, a reprint of ERC-20, and believed that with HFIL and DeFi, anyone can migrate FIL to Ethereum and use smart contracts to handle various things. Miners can rely on DeFi infrastructure and the loan market, and he was very grateful to Huobi.

4: Loan Market

Juan began to talk about the loan market, which is currently very important to miners. Due to the lack of collateral and concerns about the decline of FIL, miners hope to use USDT or BTC to borrow FIL for collateral instead of buying at high points in the market.

Juan said that he has cooperated with TBA to provide small loans to miners, which will not be used for profit and are small. Miners will not be helped to fully meet the demand for collateral (oversold machines). Miners are only allowed to borrow for collateral, and there will be a daily limit on the loan. However, the specific interest and amount data have not been disclosed.

5: Talking about the miners' strike

Juan said the miners’ strike was pure nonsense, the network was not abnormal, and miners were making money. His advice to miners: Many people want to get rich quickly by using Filecoin without contributing value to the network, which is not how it works and is not the reward of the protocol.

6: Responding to the market making controversy again

Finally, Juan scolded Justin Sun again, believing that Justin Sun might fork Filecoin, and warned that any miners who tried to join Justin Sun’s forked project might be deceived.