/biz/ - Business & Finance

https://app.uniswap.org/#/swap?inputCurrency=0x9f284e1337a815fe77d2ff4ae46544645b20c5ff

Just listed on CoinGecko:
https://www.coingecko.com/en/coins/darwinia-commitment-token

This will pull a CAP. You have 2 days tops.

$300 in 2 weeks.

looks good fuck it I'm chucking 2 ETH in. RING has been killing it lately

>>20769865
why 2 days, shill properly

>>20769499
no. fuck off

It's only up 36275%, there is still room to grow.

>>20770015
well it started at 0 hence that figure

what is the utility of the token?

>>20770174
wtf do i buy then

>>20770296
KTON for larger gains in the short term

>>20770211
Answer this and I'll marketbuy rn.

>>20770367
https://medium.com/@DarwiniaNetwork/darwinia-commitment-token-kton-861e2df1b4cb

>>20770367
basically it'll scale as RING does (and it will, RING is about to pop off also), but it's currently 1/4th of the marketcap of RING, meaning it's quite literally undervalued atm.

>>20770707
why? can you exchange it for the staked RING? doesn't seem to be the case.....what gives this value? doesn't seem like anything does. it's literally a second token they give you just for staking your ring..... so it's free to those who stake, but has no value since you don't need it to get the staked RING back.

the fact that no one can even shill this, because no one knows what gives it value is all I need to know. its a 2m+ marketcap coin whose parent project is 10m......nothing gives it value....where's the pump potential anons? I read the article and it sounds dumb as fuck desu

you're literally buying tokens that are released when other anons commit to staking their RING for however many months..... what gives this token any value? it's like a fucking receipt....into the trash it goes after the transaction is complete.

>>20770211
it's minted when someone stakes RING...its only utility is being able to stake it into another pool. so, you stake RING, they give you KTON, then you can choose to stake KTON also....or sell it to retards on uni

>>20769499
>GET THE FUCK IN HERE BIZBROS THIS SHIT IS GONNA FLY
>brown ID

im getting rekt'd here. thanks guys.

>>20771360
its been up for less than 24 hours, relax you faggot.

give it a week. x3 at least.

>>20771360
fuck you faggot. I've spent hours telling people this shit is a worthless minecraft token and you faggots buy anyway

>>20770792
>>20770895
>>20771034
After the Darwinia cross-chain token bridge get launched, especially after the cross-chain function is available for other FTs or NFTs, these tokens need to be registered on the bridge to allow ordinary users to transfer the assets.

Projects and Dapps are expected to register with KTON(notice, regarding whether it needs to be renewed every year, not determined yet), and the paid KTON will be automatically burned by the contract.

In Darwinia Network, RING and KTON can both be bonded for staking, plus KTON is generated by locking RING when staking. Thus, the whole staking system is more complicated than the general staking, illustrated by the following diagram:

n the system, in order to more accurately identify the contribution ratio of RING and KTON to staking, we introduced the concept of POWER similar to the POW system to represent the contribution of RING and KTON to staking.

In the default setting, the amount of POWER contributed by RING and all KTON is the same, and the POWER of each user is calculated by the ratio of the tokens participating in staking to all staking tokens.

Getting back to the economic model, users who hold both RING and KTON can be bonded for staking and can get benefits. Once you start staking, you can get rewards and benefits. It will take 14 days for RING and KTON to be distributed to users’ account after ending the staking.

The sum of the total revenue of staking available to all users is the total annual inflation of the Darwinia Network. The total income generated by staking is initially distributed to all users who bonded RING KTON for staking in a ratio of 1:1.

In other words, if the initial number of KTON is small, staking participant who bonded can get relatively higher benefits.

whats the fucking point of buying this reward token

>>20772809
After the Darwinia cross-chain token bridge get launched, especially after the cross-chain function is available for other FTs or NFTs, these tokens need to be registered on the bridge to allow ordinary users to transfer the assets.

Projects and Dapps are expected to register with KTON(notice, regarding whether it needs to be renewed every year, not determined yet), and the paid KTON will be automatically burned by the contract.

In Darwinia Network, RING and KTON can both be bonded for staking, plus KTON is generated by locking RING when staking. Thus, the whole staking system is more complicated than the general staking, illustrated by the following diagram:

n the system, in order to more accurately identify the contribution ratio of RING and KTON to staking, we introduced the concept of POWER similar to the POW system to represent the contribution of RING and KTON to staking.

In the default setting, the amount of POWER contributed by RING and all KTON is the same, and the POWER of each user is calculated by the ratio of the tokens participating in staking to all staking tokens.

Getting back to the economic model, users who hold both RING and KTON can be bonded for staking and can get benefits. Once you start staking, you can get rewards and benefits. It will take 14 days for RING and KTON to be distributed to users’ account after ending the staking.

The sum of the total revenue of staking available to all users is the total annual inflation of the Darwinia Network. The total income generated by staking is initially distributed to all users who bonded RING KTON for staking in a ratio of 1:1.

In other words, if the initial number of KTON is small, staking participant who bonded can get relatively higher benefits

>>20772836
>>20772543

didnt see that post.thanks bud