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21606193

7K volume on a DEX in BETA - XSN Anonymous Tue Aug 18 20:19:13 2020 No.21606193 [Reply] [Original]

So funny thing I just read in the Blocknet thread - apparently XSN's DEX which is still in BETA, has more volume than Blocknet's DEX.

Now, that's not saying much, 7K volume isn't much to begin with, BUT due to the incredibly fast transactions you can do with BTC/LTC over Lightning, the volume could easily go up like CRAZY from day traders looking to trade these assets in a Decentralized way.

>90% of the total DEX fees is distributed among masternode owners, the remaining 10% is used to buy up and BURN XSN from the DEX itself.

This means that XSN will eventually become a deflationary coin.

I'm definitely gonna increase my XSN holdings after discovering this, and testing the DEX today. It's extremely easy to use. Feels like the good old days of using Shape shift without KYC, but better.. as trading assets happens instantly.

>>	Anonymous Tue Aug 18 20:22:15 2020 No.21606269 The funny thing is no one gives two fucks about DEXs anymore. Get over it. You won't see CEX volume. Ever. Pipe dream fellas.

>>	Anonymous Tue Aug 18 20:23:23 2020 No.21606302 >>21606269 >>21606269 >>21606269 Stakenet seems better than blocknet but it’s just arguing which special ed kid is going to win in a fight while chad CEX’s look on

>>	Anonymous Tue Aug 18 20:24:21 2020 No.21606331 >>21606269 Meanwhile Uniswap has more than 200 million in daily volume, and increasing. In fact the total volume across all DEX's is increasing every month.

>>	Anonymous Tue Aug 18 20:26:51 2020 No.21606410 >>21606193 Based, how will blockneck ever recover.

>>	Anonymous Tue Aug 18 20:28:22 2020 No.21606451 >>21606193 Also op you're not entirely correct about the fees. 100% of the fees is used to buy xsn, only 10% of that gets burnt.

>>	Anonymous Tue Aug 18 20:28:33 2020 No.21606459 >>21606331 I'll be sitting here with my popcorn waiting for any of the aforementioned DEXs to reach even a fraction of 200mil.

>>	Anonymous Tue Aug 18 20:29:29 2020 No.21606480 File: 1.24 MB, 1671x1434, xsndefivortex.png [View same] [iqdb] [saucenao] [google] >>21606269 >>21606302 Hey cz.

>>	Anonymous Tue Aug 18 20:29:32 2020 No.21606484 >>21606331 If XSN gets it right, it will be the de facto standard I think theyll get there if they keep building. Not yet.

>>	Anonymous Tue Aug 18 20:34:04 2020 No.21606612 >>21606484 Says literally every DEX project out there.

>>

Anonymous Tue Aug 18 20:37:35 2020 No.21606725
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>>21606612
Don’t take XSN shills word for it take it from an expert:

https://youtu.be/ugPa1r2OdIU?t=2632

He’s not talking about XSN but talking about how Layer 2 dexes will make current layer 1 dexes obsolete and right now XSN is the only DEX that is doing it, they are so far ahead on this tech that nobody is even close

>>

Anonymous Tue Aug 18 20:38:53 2020 No.21606766

>>21606612
Every other DEX project out there is an ETH token or a vastly inaccessible L1 solution w/ no way to bring in and maintain volume.
As XSN has gotten more popular, the 'DeFi' bubble larp has began mimicking the ideas, copy, and terminology Stakenet has been using since 2018. They can borrow words but they stand on no substance. Many of them just had their ICOs in the past few weeks.

>>	Anonymous Tue Aug 18 20:40:55 2020 No.21606829 >>21606612 Other Dexs are on chain trash. The tech speaks for itself, so do fudders.

>>	Anonymous Tue Aug 18 20:55:12 2020 No.21607246 >>21606193 if you want to trade ltc/BTC and not pay taxes, the dex is the way to do it. >not investing advice folks, pay your fucking taxes

>>	Anonymous Tue Aug 18 20:55:48 2020 No.21607262 >>21606829 Its going to get harder to tell which projects are the legit ones with all the noise from posers. I think they will slowly morph from ripping off XSNs ideas to calling themselves "XSN killers"

>>	Anonymous Tue Aug 18 20:56:17 2020 No.21607281 File: 430 KB, 828x1315, 1597786905211.jpg [View same] [iqdb] [saucenao] [google] >>21606612 >block cucks get the rope

>>

Anonymous Tue Aug 18 20:59:34 2020 No.21607376

>>21607281

I actually hope Blocknet succeeds. More dexes in the space is a good thing to bring awareness to trading on a CEX.

Cryptopia can happy to ANYONE. 10 million XSN on Cryptopia! Fools leaving funds on exchange.

Binance is target number 1, and it WILL get hacked at some point.

>>	Anonymous Tue Aug 18 20:59:47 2020 No.21607385 >>21607262 That's why you DYOR. It's extremely easy to find good projects.

>>	Anonymous Tue Aug 18 21:17:54 2020 No.21607984 Are you fags still talking about your butt buddy Blocknet. How about when the closed source beta is released and open source, you can then talk shit. Right now no one gives 2 fucks.

>>	Anonymous Tue Aug 18 21:19:56 2020 No.21608069 >>21607984 Raiden devs do

>>	Anonymous Tue Aug 18 21:22:34 2020 No.21608160 >>21606193 Everyone knows, stop posting and wait a few months.

>>

Anonymous Tue Aug 18 21:28:02 2020 No.21608332

>>21606459
It'll happen and I'll tell you exactly when.

I already see bitching about gas fees and this isn't even a 2017 level golden bull.

Btc went up d $55 per transaction

Eth was upwards of $7 I believe per transaction.

So question, are you paying $7 per trade to buy shitcoins on uniswap? Or unlimited trades for 1 gas fee on xsn dex?

>>	Anonymous Tue Aug 18 21:35:44 2020 No.21608556 >>21608332 apparently people are indeed paying these fees, lol

>>

Anonymous Tue Aug 18 21:52:14 2020 No.21609022
File: 3.64 MB, 450x252, cope.gif [View same] [iqdb] [saucenao] [google]

>>21606269
>The funny thing is no one gives two fucks about DEXs anymore.

https://news.bitcoin.com/dex-platforms-trade-over-2-4-billion-in-7-days-defi-swaps-up-68-since-last-week/

>>	Anonymous Tue Aug 18 21:59:27 2020 No.21609226 Where can you track Stakenet volume? 7k is just for closed beta? That’s pretty good with just a few pairs.

>>	Anonymous Tue Aug 18 22:03:20 2020 No.21609349 >>21609226 You can track it here: https://orderbook.stakenet.io

>>	Anonymous Tue Aug 18 22:11:07 2020 No.21609561 >>21608160 I will stop posting about XSN when it hits $1 billion market cap. Not a penny under

>>	Anonymous Tue Aug 18 22:24:02 2020 No.21609909 File: 1.34 MB, 500x500, A4D812E5-7076-487A-929C-9EF71DF932C4.gif [View same] [iqdb] [saucenao] [google] >>21607984 >>21608160 RETREAT! I REPEAT RETREAT BLOCKIES! WE’LL GET THEM NEXT TIME HAHA WE’RE SO COOL LMFAO FUCK STAKENET HEH NOTHIN PERSONAL KID!

>>	Anonymous Tue Aug 18 22:25:44 2020 No.21609951 >>21606269 Funny thing is cz is coping hard, same with Blocknet cucks.

>>	Anonymous Tue Aug 18 22:31:45 2020 No.21610137 >>21609951 theyre not barry manalow but they know cope-a-cabana by heart

>>	Anonymous Tue Aug 18 23:02:40 2020 No.21611048 >>21609349 did They released this website recently?

>>	Anonymous Tue Aug 18 23:06:23 2020 No.21611174 >>21606302 Until binance gets hacked and you lose your coin. Can't happen ask the people with billions worth of coin locked up in crytopia. They also thought it could never happen.

>>	Anonymous Tue Aug 18 23:19:16 2020 No.21611596 >>21611048 I'm pretty sure it's been up for a long time

>>	Anonymous Tue Aug 18 23:19:34 2020 No.21611610 File: 108 KB, 490x678, 1593700102974.jpg [View same] [iqdb] [saucenao] [google] >>21607376 >Funds R Safu >>21611174