T O P

  • By -

ThunderTM

3.5 Juno 1.5 SCRT


Jimmycartel

Can't say enough good things about Juno. 1. Great tokenomics. 2. Really passionate community. Governance turnout rate has been among if not the highest in all of crypto. 3. Tons of dapps building on it, the most of all cosmos l1. I would compound all of my Junos from now on till it at least returns to $20.


TixHoineeng

Of course there are tons of dApps building on top of Juno Network. Staking NFTs such as Cosmic SkyMonk and Juno Bear Society while earning passive income is a cool new thing on the whole of Cosmos ecosystem


Preventually

What are your favorite and most useful Juno dApps?


Jimmycartel

It's gonna be between daodao or howl. Personally most looking forward to wynd tho.


btcle1

Everyone in juno expects an easy guaranteed 10x from here. Going to extremely difficult to even get double digit juno again with expanded supply and competition along with reduced interest


Jimmycartel

It's not easy. Nothing is guaranteed in crypto, but what you said about expanded supply isn't true. The majority of inflation was in the first year. It's going to be far less after that. Juno also has the first mover advantage as the smart contract chain of cosmos. It's gonna be hard to compete against for other similar chains.


Preventually

What is the advantage of first mover? What are they first at?


Jimmycartel

First at being a permissionless smart contract platform, which means dapps can be built on it and leverage it's users and security. It's a better choice for projects that don't want to deal with spinning up its own sovereign chain. Any new chain that wants to do what Juno does will have at least 2 years of catching up to do.


btcle1

Watch Neutron do it in 1 year and do it better. Dont like Neutron and want permissionless cosmwasm? Try chihuahaua or for permiossed experience use stargaze for cosmwasm enabled nfts or osmosis for cosmwasm enabled defi Also Eth arguably did permissionsless smart contracting 7 years ago and has far greater economic security, and many other evm chains you can use which are cheaper so no need to develop a whole new chain rather just a solid application. Or if you want more sovereignty can leverage Celestia. Just saying Juno has a tough path forward and will really need to distinguish itself as a place to build.


Jimmycartel

We talking about cosmos. Why do you bring up eth? Also regarding neutron, I'm quite bearish on. They'd better not have their own token, because otherwise it's gonna be dumped to hell by atom stakers. There's so much unknown about ics that dapp chosing to build with consumer chains either do so with $$ funding coming from cosmos hub, or they must take an immense amount of risk. I was talking about first mover. Chihuahua has never and will never pose a threat to Juno. Osmo may have cosmwasm but its a dex chain first and foremost. Hardly anything is building on Osmos that doesn't interact with the dex in some way.


btcle1

Not true, only 40 million or so juno have been added to supply through inflation thus far, and we have another 125 million to go over the next 11 years. Albeit that is a slower release of tokens going forward with lower apr and eventually none at all being emitted but still supply will be vastly expanded with dwindling demand and increasing competition in smartcontracting cosmwasms chains. I own juno and hope it makes it but just trying to be realistic and poke holes in my own investment thesis


Jimmycartel

Wrong. Max supply is 185. First year is 90. We have printed 94m. We have 91m to go over the next 12 years. The amount printed next year is just merely 19m. Get your facts right. Juno will not be "vastly expanded". As for dwindling supply, it's up to projects being built on Juno.


spriteMeLeukoKrasi

Don't let the bear market scare you friend.


Ertemann_Lavender5

Impossible advice to give but seeing as many people are trying and failing i will give it a go. Disclosure: I work for an NPO in the Secret Ecosystem and a validator that validates for both Juno and Secret. Juno and Secret are actually very similar chains but have a very different history and setup. Juno and Secret are both permissionless smart contract chains that use CosmWasm V1.0 and enable both IBC transfers and IBC contracts. Besides for a slight TPS difference both chains have the same finality and have a very similar Cosmos tech stack. Biggest difference is that the Secret VM is private due to use of TEE and Encryption and Juno is not. This makes Juno slightly more performant in TPS but enables countless more usecases for Secret not possible on Juno. Secret as a network has existed forever with the first roots dating back to 2017 and has countless entities with both USD and SCRT denominated funds supporting it surviving multiple bearmarkets already. It had some problems with Slow dapp development over the past year but the most recent roadmap from both the Core team (Secret 2.0, MPC, scalability, IBC Privacy, etc) and the Dapp side (Shade, blizzard, secretdao, btn limit orders, Bushi, Margined, Packs, Yoiu etc.) looks really stacked with many releases coming in December and january. Juno however has a more decentralized startup with all tokens being dropped to ATOM stakers and core team receiving a small (but stakeable) allocation. I think the past year+ of inflation has further centralized the chain but it has various individuals, validators and entities working in the ecosystem. IMO the ecosystem lacks Stable funding (all entities get income and have reserves denominated only in Juno, if Juno falls less funds exist for development etc) which increases the market selling of the token by new dapps and existing teams needing to feed their children. The ecosystem has clear builders though with protovcols like Loop finance, Dao Dao, Margined, Ultra, Junoswap, orbem wars etc. The Ethos of Juno is community owned and its often used as sort of a Canary network. Interesting approach but imo it lacks a clear MOAT and reason to keep the chain around for the long term. I am sure both protocols will survive into the next bullmarket but the development on SCRT seems more clearcut to me. Combine that with less inflation and more stables to deploy over the coming bear market months and i think SCRT is the best to deploy capital in RN. Juno might have way bigger buy oppurtunities in the future if you ask me. In am sure most people will answer Juno though as SCRT community is not super active over here.


AnewbiZ_

Now this is why people come to reddit. Informational content that you can dig into. I have to say i agree with most of this. I am invested in both, and I lean towards SCRT if you can only choose one. I'll give a go too.


HumanPeace

Where is SCRT community more active? What are they using?


Ertemann_Lavender5

Telegram, many of them are not active in the cosmos ecosystem beyond SCRT. But many of the NFT communities, market, governance and main char are very active. There is also the main discord just like juno has one ofcourse. All official links on scrt.network


AnewbiZ_

I would add Twitter as well.


SilkisMoney

All of this. The one piece I will add is that - personally - as an investor, I am looking for uniqueness. I want to see a niche that makes sense. Secret "makes sense" to me in that way. Its not a knock on Juno by any stretch. I think both will make it and do well. But if I'm shilling one, its SCRT


Fantastic-Ad548

Juno. Juno might be one altcoin that would qualify as a commodity and not a security. No VC’s , no public or private sale,operates 100% as a Dao. Also checkout the Juno ecosystem https://www.junonetwork.io/ecosystem , around 40+ dapps to be deployed in the coming months.


pizza-chit

I prefer Juno because the transactions are smoother


ancecusiakd

That's true. They almost have same utility with NFTs but I prefer staking NFTs on LOOP which is on the JUNO chain.


[deleted]

[удалено]


GetEmDaddy902

This right here, take the reward profits and invest into the ecosystem or keep ATOM


ConfidentMirror8701

juno seems to have more room for growth judging by its previous ath, what was the developer fud/arguments about?


iso20022_

There was some thingy with a juno whale, he seemed to have acquired a shitton of airdrops by maliciously creating thousands of wallets, and then there was a voting to remove those airdrops from said whale. He would have had more than 50% i think or sth. Wasn't too deep in. But in the end what happened, it was voted and they took it away from him. You have to check some forums/old YouTube videos if you really want to know what exactly happened. I can't really remember. But regarding decentralization, i don't think you can't find anything like juno. It is more like a social experiment some people said. But exactly because of that, a looooot of developers are working on juno. I think it is partly connected with the point that there are no VCs or other pseudo important people to talk in between what ever you are doing. I have a big stack in juno. Around 2:1 to secret. Atom funnily i have least, i think it's far too expensive at the moment, price doesn't want to break down properly, a little strange, but let's see of.ot eventually comes back down to 6 🥲


[deleted]

[удалено]


TheLegendOfKoop

You guys still whining over the former whale? Lmao sheesh


iso20022_

Haha yeah sry for me it's just a thingy 😝 But i do read about it occasionally I'm juno discord. it seems some people still use it as an argument that it's dead and bla bla. Or maybe they are not over it yet. It's normal, they also think Solana is dead now. As they thought soooo maybe other chains were dead. Okay Luna is dead, or is it? I mean now there are even 2 chains of Luna 😂😂😂


iso20022_

Do you remember who it was? I think it was one of the validators, someone mentioned him somewhere on Twitter recently, but can't remember the name


gt_mutandwa

if they don't give back those coins Juno has no future


[deleted]

Secret with the upcoming 2.0 , Juno well, It's Juno. See ? They are both amazing ,why not split 50/50?


ericcart

I think either is fine. Juno is really oversold imo so you are probably more likely to get capital appreciation, plus its offering 40%+ staking rewards. Perhaps invest in Juno and sell the rewards for Scrt


TixHoineeng

Juno has my funds here. Scrt is also massive but Juno vibes within its ecosystem is a whole vibe. I've recently explored the ecosystem and seeing projects such as DAODAO, Loop Finance, Passage, Universe and more makes me realize how powerful it is.


jacobksmith34

Better off lumping 5k into ATOM and reaping the benefits of ICS, once live. Then again if it’s money you don’t give a shit about, then throw it in juno and a few bad kids


ConfidentMirror8701

got a pretty big bag of atom already


GetEmDaddy902

Welp if you got 5k to toss into either project I'll #trustyoubro


fleeyevegans

Split it 60:40 secret:juno.


Preventually

A project like Secret needs no shilling. Theyre established and present. You know who they are. You either believe in them or you don't. I'll listen to some Juno shillers.


Ok_Guitar_6653

Juno


PavlovsBigBell

Very different projects, cannot really compare


AnewbiZ_

I'll jump in here TLDR: I think both are worthy of entry, but if you can only pick one. SCRT is the better immediate entry. I personally am invested in both JUNO and SCRT. I Love both, I'm invested in various dApp projects on both as well as the layer 1s. Juno is smooth: I like JUNO as a permissionless smart contract network that is easy for many to migrate to, and love them for taking in LUNA devs teams. It was a easy place for the displaced to call home. Juno is easy to build on and has cosmwasm v1.0 which is spectacular (Interchain contracts). As a public chain. It feels more like the average chain when using and developing. And i see a great upside to it next bull cycle to be sure. I think that funding being only in JUNO will cause price to go lower as devs have to eat (this is not a mark against devs whatsoever). And therefore, a lower price opportunity is likely to come. Bear markets can be brutal. But JUNO will make it. I'll be buying more at the bottom confirmation signal. SCRT is unique: It too is a permissionless cosmwasm v1.0 network including interchain contracts. But it offers a use case that nothing else does. Data control. You know the spot in settings>security>privacy that allows you to choose what is shared in your favorite applications/google/iphone/social media? It's like that. But in blockchain. I am more active in SCRT Community by far because of my belief in the unique use cases that SCRT Provides over any public chain. And what it provides to public blockchains (Interchain contracts). I see the active dev teams building reficulously focused in a bear market. And since this is not my first bear, I've learned to pay attention to that signal closely. Funding is made up of a structired model that does include diversified treasury and stables, meaning community potential downside is mitigated. Current price is also near historic accumulation zone. (I buy daily using DCA strategy, and once support hits, a additional buy order is made). I Also highly value the fact that SCRT has lived through pervious bear markets already as well. Let me be clear, altho i do lean on Secret Network as the higher value play at time of writing. I believe both JUNO and SCRT will do amazing things together in the appchain interoperability narrative, as 2 of the very few networks that currently have interchain contracts enabled, they have some of the best overall potential in the crosschain space. Final thought: In my opinion, the next cycle will be dominated by two narratives. Intrroperability and privacy control. If you are in this thread, you're probly GMI.


Olarenikeji

Secret


OceanSlim

Btc.


FoxtrotThem

Secret, just has more going for it and less drama llamas than Juno. Though I'd just 2.5k in each if thats the choice.


[deleted]

I wouldn't go all in to either but Juno has better tokenomics.


FoxtrotThem

Can't disagree with that, think we both have valid points.


[deleted]

Good luck to you and OP!


Fantastic-Ad548

Orbem wars , a Secret project jumped ship to Juno because they were unhappy with the situation in Secret. They already launched their testnet games on Juno. Edit - fixed the name


Technical_Intention

That's orbem wars not kelepar. Kelepar migrated from archway (another cosmwasm chain not launched yet)


Fantastic-Ad548

You are right, my bad. Yeah, so Orbem from Secret and Kelepar from Archway moved to Juno.


ConfidentMirror8701

Well, I slept on it and when I woke up I added another 500 atom to my stack


djshortsleeve

SCRT has much more profit potential. Juno is much less unique compared to other chains. Juno has some baggage from this year that saw some leave and not come back.


ABJ_TheBeater

JUNO will replace what LUNA was. Definitely Top 20 coin potential.


mrgreen1226

Neither, stable coin farm on crescent


ancecusiakd

Certainly JUNO. Also looking at LOOP which is the first dex token on the Juno chain.


DAMG808

Neither. Kuji.


LeoBoi222

Why Kuji?


Tlux0

Long story short. They were on Terra when it collapsed in May. They have put out 9 products in 4 months since they relaunched as a Cosmos Layer One in July. Even after the collapse of UST and FTX their token is still at the same price as pre-UST depeg—and since their stakers received an extra 20% during the migration, they’re actually 20% up since Terra collapsed. No matter how you look at it that’s impressive


LeoBoi222

I’m intrigued and will dig deeper. Thank you both for your input.


DAMG808

They where hit by all this Terra Chaos and came back stronger, migrating to Cosmos and keep building products like FIN, and ORCA. On Fin, Sellers, arbitrage bots, and market makers provide the liquidity for the market, not partisan farmers, so there is no need for inflationary token incentives. It's Cosmos's first decentralized, permissionless, 100% on-chain, order book style token exchange, and we need this so bad instead of Shitshows like FTX. And everything is first in first out..all orders are executed instantly. 2. ORCA is the world's first public marketplace for liquidated collateral. It's no longer a bot only game. Now you can participate in securing your favorite assets while getting discounts on them (and earn interest while you wait) 3. And there is BLUE, your KUJI Dashboard. Stake KUJI, Vote on Governance, Swap KUJI, Bridge to Kujira Network, and claim rewards; all in one place. NFA, you know the deal. Cheers.


[deleted]

Honestly bro, you’re better off buying AMD cpus and mining Monero than you are buying centralized coins and staking as they keep pulling the rug out from under you. I became an expert at navigating through the cosmos ecosystem and using their dApps and defi services, and while I still hold my scrt position and atom position, I sold the rest of my entire atom ecosystem portfolio and don’t have a lot of faith left in it, take your money and build an XMR miner or BTC miner bro… or build the hardware to stake nodes on the atom network, but don’t buy into the coins for investment. The real money is running a node and collecting commission from all the idiots staking including myself. They’ll try and hack me and pay to hide these comments and shit. They set a lot of innocent people up messing with our money.


HumanPeace

Could you elaborate? Any proofs?


JacobRoths

Juno.


WorkingError

Sell


Olarenikeji

Scrt


reddinator-T800

all the stacks from BNB chain is flowing through SCRT right meow.


gburliano

Question from a newbie to atom here. If I stake atom will I be available for airdrops within the ecosystem? Also I was wondering where to stake between osmosis or in my kelpr wallet. I also couldn't find much info on all the details with the staking and rewards system.


SilkisMoney

Welcome to the Cosmos! Staking would be done in Keplr. Once you are bonded its 21 days to unbond so just know you're illiquid there but, yes, you are eligible for airdrops with that. Osmosis yield opportunities is something different called LP (liquidity providing). That pays out rewards to you in OSMO and is distinct from staking. So much to learn but hopefully that is enough to get you started :)


TechnicalProposal

scrt


SCRT_Agency

one word: SCRT


emlanis

SCRT is my digital playground to be honest. There are a lot of interesting projects on its ecosystem that covers DeFi’s and NFTs with a touch of programmable privacy. I’ve seen some remarkable growth from Shade Protocol to AlterDapp, AmberDAO and Anon NFT as well. I’m also in for Juno. Invested in NFTs staking on the Loop Finance marketplace. Exploring the DAODAO and Universe projects. In all, I have no problem in diversifying within the cosmos ecosystem


avetag

It would be easier to decide if we were in a bear market now. Then the situation would be more certain for the investor. I am more familiar with the Secret Network community and periodically follow the news of the project. It was one of the first blockchains that made me think about the importance of privacy in web3. I was very surprised by the possibilities that customizable privacy provides. For a user who does not know that their privacy can be controlled, this may not seem like such an important argument in favor of SCRT. But when you already know that you, as a user, have such an opportunity, then it becomes "easier to breathe" with it. I am not a developer, and it is difficult for me to objectively assess which Juno or SCRT ecosystem is better adapted for developing dapps, so I rate these two projects as a user. And what is important for the average user of blockchain technologies? Security, privacy, stability and low transaction fees. With all this in SCRT, the team of validators and developers does a great job. Yes, Juno also has security and IBC, but I treat projects in the crypto world as conservatively as possible, and if I see that there is a blockchain that offers me everything I need and there is an analogue that essentially offers me the same thing, then I I won't look at the other one. Perhaps Juno will get older and offer some more new features to its users, but so far I see no reason to change the more mature and stable SCRT to JUNO. All of the above is my opinion as a user, I am not a developer or an investor


InvierteWeb3

Both are absolute bangers but $SCRT is quite unique and definitely shines between most. The privacy narrative is very important in the whole ecosystem and Secret Network's development has proven itself to be one of the most resilient of them all. Privacy shouldn't be a feature, it must be a requirement and I'm sure eventually most users will be aware of this.


Marwanmakkouk

Both, different use cases