XSN is big dick energy

[Anonymous No.21617322]

>Layer 1 DEX = onchain, wrapped/sidechain bangladesh street shitter micro penis DEX

>Layer 2 DEX = instant congestion free big dick DEX

If you don’t have a bag of XSN then FUCK YOU

[Anonymous No.21617900]

Don’t listen to XSN shills, listen to an expert.

When a good Layer 2 dex exists there won’t be any Layer 1 dexes as they will be redundant.

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

[Anonymous No.21617958]

>>21617322
>>21617900

Checked

[Anonymous No.21618033]

how does a token/coin get listed on a p2p dex like stakenet? anyone explain? i'm brainlet.

on a cex you give a certain amount of tokens to the exchane right, then they hold them so that there's enough liquidity .... on a dex, as dex's are currently, the token creator usually adds liquidity to the pools right? and then other people add to the pools to get fees.

what happens on this dex?

[Anonymous No.21618075]

>>21617900
AA called them out on Twitter and XSN had to delete their tweet

[Anonymous No.21618468]

>>21618075
Cope, a simple misunderstanding that was resolved. This guy described stakenets first Dapp without even realizing it.

[Anonymous No.21618870]

>>21618075
XSN didn’t delete anything a community member did and it wasn’t even that big of a deal. He was replying to someone who said they were going to start researching XSN so all he said was “have you seen this vid of Andreas talking about Layer 2 DEX tech like XSN” and linked it.

Now Andreas took that as though wolf was saying Andreas was talking about XSN specifically when he wasn’t at all he should have just stuck a comma in the tweet “Layer 2 DEX tech, like XSN” but no big deal. He apologised anyway and deleted the tweet to clear up the confusion. Love how fudders are trying to cling on to this and make it into something when it’s nothing.

Andreas is a tech guy so regardless of how he found out about XSN his curiosity will get him to dig deeper which is nothing but a positive for XSN

[Anonymous No.21618982]

misunderstandings happen.

XSN didn't try and bullshit it's way through like most other projects.

[Anonymous No.21619038]

>>21618982
Exactly the only thing XSN has posted about it is this, it’s accurate and it’s not deleted, fudders clutching at straws

[Anonymous No.21619251]

>>21618033
Aggregators pull liquidity from CEX's.

[Anonymous No.21619376]

>>21619251
so tokens don't directly list on the dex then?

[Anonymous No.21619411]

>>21619376
As far as I know they can, but if they are listed on a CEX anyone can run an aggregator to pull that liquidity to the Stakenet Orderbook

[Anonymous No.21619538]

[Anonymous No.21619728]

>>21618033
I'll list your tokens using my master nodes if you transfer some tokens to provide liquidity.. As well as pay a one time fee.

[Anonymous No.21620476]

>>21619376
In Stage 3, anyone can host a token through their masernode. They basically just host the orderbook.

It'll be relatively easy for any token that has LN or Raiden compatiable to just list themselves on the exchange.

In the medium term I think the team said they would add any token that had a MN.

[Anonymous No.21620672]

>>21619038
Not shitting on the project itself but using emojis in any kind of social media instantly makes it seem cringy and unprofessional to me

[Anonymous No.21620692]

>>21620672
Does lightning even count as an emoji?

[Anonymous No.21620721]

>>21617322
XSN is by far the best DEX in development, but they need to really step on the gas otherwise some other technically inferior solution that's "good enough" and get all the market share.

[Anonymous No.21620723]

>>21620672
It’s twitter, you have 140 characters they always use that instead of typing Lightning Network.... this has to be the weakest of fuds yet

[Anonymous No.21620746]

>>21620721
You don't seem to understand, there is no other project that is 'good enough'. XSN is the only one.

[Anonymous No.21620781]

>>21620692
>>21620723

[Anonymous No.21620856]

>>21620723
but as I said: no FUD, just saying what I feel, I'm actually thinking about getting a bag. With my current shitcoins I can afford around 40k XSN. Assuming they pull off everything they claim, would 2 MN and 10k stacked be enough to make it?

[Anonymous No.21620909]

>>21620781
Meh, it's not like they are using gay ass smile emojis.

[Anonymous No.21620926]

>>21620856
1 Node is enough to make it. Put it this way

Stakenet will be the first dex to allow for lightning cross raiden trading

Bitcoin alone is huge, consider how much transaction fees are on-chain.

At 1 billion MC (which is nothing) that puts xsn at $10.

[Anonymous No.21621880]

>>21618870
It would really help for XSN and most especially your health, if you stop being so defensive about XSN. If you're afraid that XSN won't pump then you might as well just chase PnD coins/tokens.

[Anonymous No.21622470]

>>21621880
And why wouldn’t you correct misinformation?

[Anonymous No.21623226]

Hey guys, can you explain the fucking "bad code" fud? I'm kind of lost on that. Also why can't you guys pay node owners half the dex fees at least before hydra?

[Anonymous No.21624000]

>>21620672
>t. Boomer who doesn't understand social media

[Anonymous No.21624014]

Can anyone tell me how staking rewards work exactly? Is this basically just based on "luck", that some transaction gets approved by your stake and then you immediately get the rewards. Or is there some central thing tracking what happens during a certain time period and at the end of that period stakes are handed out? How is the amount of XSN playing a role into this?

I'm asking because I let my wallet with about 1000 XSN run for about 3 days, but didn't receive anything so far. I temporarily needed to shut it down, to do some maintenance. So will this basically make the 3 days count for nothing and when I start again, I'm basically back to zero?

[Anonymous No.21624198]

>>21618870
As someone who owns masternodes and regularly lurks in the discord server, it is really disheartening how many fucking retards there are trying to "help" the project by being illiterate morons who pounce on every opportunity to mention the DEX. I wish these chucklefucks would just shut up and let things develop naturally, instead of constantly raising red flags and making the project look like a PnD scam.

[Anonymous No.21624349]

Can someone post fud so one of the retards in the discord can screencap it and ask in there because they’re dumb as shit and believe anything on here. preferably make something up thats believable yet detrimental to the project so it scares them and they dump. Kthxbye

[Anonymous No.21624378]

>>21624014
>Is this basically just based on "luck", that some transaction gets approved by your stake and then you immediately get the rewards

Yes.
https://stakenet.info/staking/calc
Staking 1000 XSN will earn you a block reward approximately once a month. Don't even bother. Just put it on the cloud and at least earn a little of the pool's share each day.

[Anonymous No.21624449]

>>21624378
I have a home server running 24/7, so it's not a problem for me. I suppose I don't need a static IP for it? But that means it's not a issue if I take the wallet down for a couple of hours for maintenance and shit?

[Anonymous No.21624547]

>>21620856
how much is making it for you?

2 nodes will net you ~10 xsn per day in block rewards. transaction rewards scale per volume and 90% of fees are split equally among the nodes. fees are set at .25%, and there are approximately 2500 nodes right now, so if there's 100mm in volume fees for your nodes look like ($100mm*.0025*.9)/2500 = $90 per day, paid in xsn.

so, if we went live tomorrow and you had a Hydra node, you'd be making (90 + 10*.4)=$94 per day, approximately. your block rewards will scale with xsn price, so if xsn hits $5 you're making more like $140 per day, not $94.

you can assume that over time nodes will go up and fees will go down, at least until pricing starts to hit psychological barriers for cash out (1 node = $20/30/50k etc).

[Anonymous No.21624590]

>>21624449
I don't stake, so I don't know the specifics of it, but I believe that having a network interruption, closing the wallet, etc. will reduce your staking weight. It takes time -- something like 24 hours -- for your wallet to reach max staking weight, which determines how frequently you receive block rewards. It's something like that. Again, I don't stake, so I don't know all the details.

Also keep in mind that your wallet has to be unlocked in order to stake, which I would consider an unnecessary security risk, but it's up to you if it's worth it or not.

[Anonymous No.21624708]

>>21624590
You can unlock it only for staking

[Anonymous No.21624747]

>>21624590
Yeah I just read up on that 24 hour thing. I guess it's fine, but it also kind of sucks, because every so often I want to update my router or have to do other things that might require a router restart.

The good thing is, the wallet doesn't need to be completely unlocked. There is a "unlock for staking" option, that prevents funds from being moved around without the passphrase.

I try to keep security somewhat reasonable, with running the wallet in its own VM. So I personally feel more secure than on that cloud thing.

[Anonymous No.21624847]

>>21624708
>>21624747
That's fine, then. There shouldn't be a problem if you just set it and forget it.

[Anonymous No.21625452]

>>21624747
You could TPoS yourself if you want to be extra safe.

[Anonymous No.21625803]

>fud ramping up

so major pump is imminent?

[Anonymous No.21625895]

>>21625803
always the way lols, although price remains un bothered

[Anonymous No.21625994]

>>21625803
5k next target

[Anonymous No.21626022]

>>21625452
Not without a static IP.

[Anonymous No.21626862]

>>21626022
i just leave it open on a wallet, staking only unlocked. For the small bits I don't have in TPOS

[Anonymous No.21627292]

>>21624547
140 a day is prettttty good