@PhilippeTahiti
c1cc59f3ab5e576cda72108abe7d09d5c0f131497eadb784d6150b76daef73cd

Brootle just published a post called NADER CONTROLS EVERYTHING. Since I don't understand any of the blockchain jargon, I asked Grok (X's AI) to explain to me what's going on in simple terms. Here's Grok’s answer:

Alright, let’s break this down into simple terms so you can understand what this DeSo user (who’s also a developer) is saying about the DeSo network and its new app, Focus. I’ll avoid the technical jargon and explain it like we’re chatting over coffee—no blockchain expertise required!

What’s Happening When You Launch a Coin on Focus?
Imagine you’re an artist creating your own special “fan tokens” (like a digital collectible) using the Focus app on the DeSo network. These tokens are called “coins” here, and they’re tied to you—people can buy them to support you or trade them. When you “launch” your coin on Focus:
Your Coins Are Created (“Minted”): The system makes these digital tokens for you. Think of it like printing your own custom trading cards.
A Special Account Is Set Up: This account, called an “AMM account,” is like a middleman or a trading booth. Your coins get sent there automatically.
People Can Buy Your Coins: Fans use $focus (the main currency in the Focus app) to buy your coins from this AMM account. It’s like they’re swapping their money for your trading cards at the booth.

What’s an AMM Account?
“AMM” stands for “Automated Market Maker.” Picture it as a vending machine that handles trading for you. When someone buys your coin with $focus, the vending machine collects their $focus and gives them your coin. Later, it can use that collected $focus to buy more of your coins back, keeping the trading going. This happens automatically after a set time (when the “timer goes to zero”), and the AMM starts placing “orders” (like putting up signs saying, “I’ll buy or sell these coins at this price”).
For example, if your username is
@WhaleDShark
, your AMM account might be something like @AMM_WhaleDShark_76_SWfzF. When people buy your coins, the $focus they spend piles up in that AMM account.

The Big Question: Who Owns This AMM Account?
Here’s where the developer’s post gets spicy. They’re pointing out something surprising: you don’t own that AMM account. Instead, it belongs to Nader (the guy who created DeSo and Focus) and his team at DeSo. So, all the $focus that collects in these AMM accounts—across every coin launched on Focus—is under their control, not yours.
To stick with our analogy: you’re the artist making trading cards, but the vending machine selling them (and holding the money) belongs to Nader. You might’ve thought you’d get to keep the cash piling up in there, but right now, it’s all going to him and his team.

Why Does This Matter?
The developer is raising a red flag: even though DeSo is supposed to be “decentralized” (meaning no single person controls everything), this setup makes it look like Nader has a lot of power. All those $focus tokens piling up in the AMM accounts? They’re in his hands, not the hands of the people who launched the coins (like
@WhaleDShark
or others). The developer even repeats “NADER CONTROLS EVERYTHING” to hammer home the point—it feels centralized, not decentralized.

What About Getting Your Coins Back?
Nader has apparently talked about adding a way for users to “close” the AMM account and take back their coins (and maybe the $focus too), but that option doesn’t exist yet. So, for now, once your coins are in that vending machine, they’re stuck there, and Nader’s team runs the show.

What’s the Developer Upset About?
In simple terms, they’re frustrated because:
They expected more control over their own coins and the money made from trading them.
Instead, Nader and the DeSo team hold the reins, which feels unfair or sneaky to them.
It’s like setting up a lemonade stand, but someone else owns the cash register and keeps the profits.
How Does This Affect You as a Regular User?
If you’re just someone using Focus to buy coins or support creators, this might not directly change your day-to-day experience. But it’s a peek behind the curtain: the system isn’t as “user-owned” as it might seem. The developer is warning that Nader’s team has more control than people might realize, which could affect trust in Focus or DeSo down the line.

In Summary
When you launch a coin on Focus, your coins go into an automatic trading system (the AMM account) that Nader and his team own. The $focus people spend on your coins collects there, and right now, you can’t touch it—Nader controls it. The developer thinks this is a big deal because it suggests Nader has more power over the system than users might expect from a “decentralized” network.

@brootle
a40523e13b019b76f46a9d72156b295e20d1fe89460a5b8a96b24cd477a3e744

When you launch a coin via @focus your coins get minted, AMM account is created and your coins transferred to that account. When timer goes to zero that AMM account is placing orders into order book.

For example for @WhaleDShark that account is @AMM_WhaleDShark_76_SWfzF and when somebody buys coins from AMM with $focus, those $focus get into AMM account and AMM account is placing buy order backed by those $focus coins.

So $focus tokens eventually get accumulated in AMM accounts... Now wait for it... Here is the fun part... Who do you think owns AMM account associated with your coin?

AMM accounts created during coin launch via @focus belong to @nader At the end of the day AMM service is run by @deso team and they own all those AMM accounts. @nader was saying something about giving ability for users to close AMM and get all coins back, but there is no such option yet.

NADER CONTROLS EVERYTHING

PS buy more $brootle to read cool content like that, no AMM, no fees openfund.com/trade/brootle

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