/biz/ - Business & Finance

>>26830188
Checked.
>He doesn't know about Stakenet (XSN)

>>23915338
The plan they laid out months ago continues to come to fruition.
>start small with intense scrutiny and stress-testing
>build up and out from there
>migrate to multiple hubs
All part of the eventual migration to the MN network.

>>23616336
Fudders are just trying to buy more while they keep (you) out.

>>23012773
XSN has been on cold storage devices for almost 2 years. Ledger sat on the code they gave them from 2019 into July or August of this year.
>>23012998
>i-i was proven wrong and have nothing of substance to counter with, but if i say 'didnt read haha', maybe people will think i still have validity
Irrelevant mental gymnastics aside, Raiden is very clearly on its way and that's were buying in now will provide for excellent returns.
>>23013012
1.) DEX hubs -> multiple hubs -> MN network (Hydra). If they have a superior product, why would people not use it? A lot of people said that about all DEXs at this time last year.
2.) Block rewards are split 45/45/10 between staking/MN rewards/treasury fund. You can stake with 100 XSN. You can stake with 1 million. You can stake the traditional way, or through TPoS, or you can lock your XSN in MNs.
Profitability between MNs and staking is intra-competitive, determined by the ratio of XSN on both sides. If, for example, there's a lot more XSN in staking than in MNs, MNs will be more profitable and vice-versa.

>>22996711
Pic related explains.
>>22997450
Some of us were saying to buy XSN at 3 cents, 6 cents, 10 cents, etc. Some fomo'd at the top. If they hold out, they'll do ok. If they capitulate, they honor the way of /biz/ (buy high, sell low).
>>22997606
$1 is attainable in the short-term. I think BTC will have to ride its rollercoaster for a bit and then go sideways somewhere closer to ATH first.
>>22997260
Worth the risk, imo. The market cap on this coin is really small and with a relatively small amount of growth, block rewards could be very comfy.

>>22512652
XSN, as per usual.

>>22372144
I believe 1 MN = 1 Hub at Hydra

The room for price discovery on a Hydra node is vast.
XSN right now has a market cap of $26.4 million. There are competitors that do nothing sitting at 10x that market cap.
It's very simple
>unusually low market cap
>unparalleled developments in technology
XSN has been at DeFi since 2018 and long before that word came to be the go-to for an industry now slated to be the epicenter of this next bullrun. I emphasize that they've been at this since 2018, specifically to say that even a competing project with a very large backing will need quite a bit of time to even remotely get a chance at catching up if XSN keeps up the pace they do.
Get your heavy buys in before Raiden. It really would not take much for this to reach double-digit prices per coin.

>>22041651
I missed it. Someone got a good order in at 1385 sat though kek. Congrats to whoever that was.
>>22041899
Checked. XSN MNs are built with the intent to perform useful jobs and tasks and eventually run the DEX.

>>21853361
>Fee Structure:
https://medium.com/stakenet/stakenet-dex-fee-structure-aa1bcc30e6f8
>Dex Architecture:
https://medium.com/stakenet/xsn-%EF%B8%8Fdex-architecture-3e78a9017ef5

>What makes Stakenet Dex different?
XSN Dex is a True Dex with no centralized point of weakness. It is a Decentralized Application (dApp) hosted on the Masternode Network and provides a means for users to trade crypto assets directly from their own Stakenet Wallet without having to hand over control of their assets to a third party. It utilises Lightning Swap technology to make trades instantly. The assets never leave the users possession with XSN Dex unless the transaction is completed, and as such, users can benefit from the utilities, features, and staking rewards of the coin.
Additionally, users remain anon as they do not have to provide Know Your Customer (KYC) details to anyone, providing complete anonymity and freedom to trade without fear or worry. All transactions are done on a Peer to Peer (P2P) basis without the involvement of a centralised authority, making transactions more secure and less expensive.
Lightning Network + Radian integration (ERC-20 token support) + hosted on a Masternode Network of 2000+ nodes = Stakenet Dex - bringing back the original vision of Satoshi!


How to purchase XSN:

Livecoin - https://www.livecoin.net/m/en
Beaxy - https://beaxy.com/


Pic related, in the medium term the DEX will be migrated fully to the masternode layer and be unstoppable.

>Shut it down.exe
Will not work

>>21650000
Nice digits, right now the DEX is running on Hubs which is basically a few masternodes. Stage 2 is multiple hubs I think and stage 3 migrates everything to the masternode layer.

>>20987417
nope, I hodl from POSW and sell nothing... never... maybe by 5dollar :p
Passive income for ever....

>>20950216
Stage 3 is when nodes will start getting fees. Stage 1 is on DEX release (this month). It is unknown how long stage 3 will take since the dex needs to be on stage 2 before. Depends how smooth development is i guess.

Stage 3 is when the DEX is 100% on the masternode layer. This is when masternode become hydra nodes and start receiving trading fees.

Take a took at pic related. On stage 3 of the DEX fees will go to masternodes (only 90% coz 10% xsn buy back), this means hodling XSN long term is an extremely based strategy. LINK connects real world to crypto, XSN connects crypto to crypto (more to come).

XSN DEX will fundamentally change how crypto works. Unlike on-chain DEXs like UNISWAP, XSN DEX is Off-Chain. This means XSN DEX does not suffer from congestion issue that currently plague not only DEXS like uniswap but even transfer. With crypto finally having a proper trading platform, on-chain should become less congested which whill also allow for cheaper gas fees.

>>20889616
Because there is 4 fud threads up already.

>>20767713
>15000 XSN TO MAKE IT (1 Masternode)
>Pic related
Hydranode trading fees will make nostakers rope.

>>20762922
>14.6% PA
>Shit
Are you retarded?

Also you do understand what trading fees means in stage 3 (hydra)?

>>20665957
Staking pays out block rewards
MNs cost money to host and run the DEX so they gain fees from the DEX in addition to block rewards
>>20666060
That happens when MNs are upgraded to Hydra nodes in stage 3.
The fee structure will be customizable depending on the jobs individual MN owners want their nodes to do and should allow the MN owner to run their choice of compatible trading pairs

>>20474894
kek
>>20475666
Checked. This has been available for public beta testing for some time.
All the impressions I have seen from first-time testers and outsiders has been very positive.

>>20454667
You're unironically going to make it, if you hold a masternode in this.

>Stakenet is the third coin (Right after BTC/LTC) to implement lightning swaps on mainnet.
>They also partnered up with the Litecoin Foundation to help with lightning tech.
>They are working on their OWN Hardware Wallet- VIPER (Competing with Ledger, Trezor, and Xeeda) Which is the first crypto project EVER to work on that.
>Stakenet is soon launching a multi currency wallet with inbuilt lightning and atomic swaps (HUGE)
>Stakenet will also soon launch the first masternode powered DEX. Which requires NO registration, NO KYC, no bullshit at all.

>>20442193

>>20336566
Checked. The numbers are roughly correct, there is about 8-10 million xsn coins lost on cryptopia so it depends how you look at he supply. Also yes, $250 a week is just block rewards masternodes will have multiple streams of income such as trading fees.

Trading fees start going to masternodes at stage 3 of pic related.