Quote from: holydarkness on April 04, 2022, 05:03:49 PM

Quote from: TopTort777 on April 02, 2022, 09:28:24 AM

LOL. Elysian Finance is also involved in this shady scheme? Both project had bounties under julerz12 management, and after this topic, they suddenly got some issues with manager. Both projects are caught violating rules. To me this is enough to tag as “better avoid”, if such childish problems already appear on such early stage. Futher it goes, worse it will be.

From what I can gather, julerz12 took a swift and justified decision by withdrawing himself from a project under an active accusation the instance it came to his awareness. On his defense (stated on his bounty group) it's against his policy to works with questionable ethic that's violate forum rules: plagiarism. And I'll have to strongly agree with this decision, it's an even more questionable ethic for a BM if they continue on working with a project that's proven to violate forum rule. Far as I know, julerz12 is more than willing to re-cooperate once the accusation cleared --which, by the way, I think we have to be satisfied with the classic final words of the defeated, "If you want to insist with your narrative, go ahead." because Haptic didn't give their rebuttals even though they're online today, I'll wait for two more days before concluding that they admit the plagiarism and tagging their account.

In retaliation to this, Elysian Finance --the same dev with Haptic-- kicked him out from their contract by reason that julerz12 unilaterally terminate his employment with Haptic. Ironically, they themsleves were unilaterally terminate their contract with the BM. On their defense, they tried to negotiate with julerz12 but couldn't meet at middle point. From julerz12 side, there's not much of a negotiations. I think we can judge which side is true to their words, given one side deleted their statement immediately.

I would love to do a DD on Elysian, but given their published documents are beyond minimal, and their website didn't contain anything that can be researched --which, those characteristics itself speaks volumes of the quality of their project-- there's not much I can do to prove whether the project worth investing or not, although i leaned toward the later.

If you read the Medium article, instead of focusing on automated tool results, you will learn about the original ideas presented with the project. The mechanism is a spin-off of the Synthetix protocol, minus the synthetic assets part. The project earned an official mentorship from industry veterans, after several long sessions of direct talks with the team. We understand your focus on unveiling scams and projects that can be detrimental to the community in general, but Haptic is not one of those. We used a bit of rephrased text from the paper you mentioned, because it is particularly effective in describing the different kinds of AMM and that is not the focus of the document nor the work itself. The team is focused on development, follow our org on Github to keep track of our efforts.