XSN

[Anonymous No.22398853]

There's still time to accumulate.

[Anonymous No.22399181]

>>22398853

L1 onchain settlements occur via aggregated L2 transactions?

[Anonymous No.22399303]

>>22398853
Stop your retarded shilling and let the smart investors get in. If you're too desperate for profit just fucking dump your XSN and buy SUSHI or other unifood or uniscam coins. Fucking retard.

[Anonymous No.22399320]

>>22399303

Same way with YFV lately. Too many moonboi bagholders.

[Anonymous No.22399411]

>>22399181
It's a lot more automated than before
>>22399303
>>22399320
Dont care I'm gonna keep going til Raiden goes public

[Anonymous No.22399485]

>>22398853
If you go on the doscord you'll see that they pay for fake members. Clearly a pajeet shitcoin

[Anonymous No.22399506]

I like and hold xsn, but the amount of masternodes held now is a little concerning. They really need a burn to compensate for the low fees and staking rewards.

[Anonymous No.22399759]

>>22399485
Bots flood crypto chatrooms all the time, unfortunately.
>>22399506
I wonder how profitable TPoS is right now in comparison. There could very well be some coin burns coming.

[Anonymous No.22399877]

>>22399506
Cryptopia's xsn coins are considered burned. Kind of like how there's 1 million btc on Satoshi's wallet locked forever.

[Anonymous No.22400017]

>>22399506
Roughly 7.5% of the supply has already been burned and every block 10% of the block rewards are burned.

[Anonymous No.22400049]

>>22400017
>10% of the block rewards burned
That's DEX fees. 10% of block rewards go to the treasury. If a burn is proposed and voted in by MNs, then it will be burnt.

[Anonymous No.22400075]

>>22400049
Yes, my bad. But, hey, that's even better news.

[Anonymous No.22400288]

>>22399506
retard

[Anonymous No.22400299]

>>22400017
>>22400049
It's 10% of the trading fees.

EG. 100% of fees are used to buy xsn. 10% of that is burnt.

[Anonymous No.22400567]

>>22400299
Checked for precision

[Anonymous No.22400612]

Friendly reminder to hide all XSN and stakenet threads.

Do not respond to XSN and stakenet threads.

Paid shills and discord trannies are desperate for you to buy their bags.

XSN is a classic “masternodes will make you rich”-scam. Protip: MN rewards cut into LP fees so LPs will go elsewhere.

[Anonymous No.22400622]

>>22400612
COPE

[Anonymous No.22400665]

>>22399320
hes shilling YFV and XSN in the same thread ...

pajeet has evolved

[Anonymous No.22401137]

>>22399485
Dumb nigger the mods even called out the bot invasion.

[Anonymous No.22401266]

>>22400622
checked

[Anonymous No.22402000]

>>22400612
why don't you just filter xsn threads instead of free bumping these threads every single day? dumbass lmao

[Anonymous No.22402258]

>>22401266
>>22402000
Checked. XSN threads have gotten so many good digits lately.

[Anonymous No.22402872]

>>22402000
Checked.
>>22402258
Yeah man. Good stuff.

[Anonymous No.22403012]

Every xsn thread is filled with dubs and greens. If this isn't a sign idk what is

[Anonymous No.22403393]

>>22399181
>L1 onchain settlements occur via aggregated L2 transactions?
what are you referring to? the simple swap ui?
>if so
No, dex automatically handles movement of input funds to L2, and executes trade in L2. final assets then placed in your lite wallet on L2, at which point you can close lightning/raiden channel and revert to L1 paying rental fees, or keep in L2 prepped for swap back and/or with another asset.

>as example
say I have BTC and want to swing link (I know swingies get the rope but just for arguments sake). looks like this in ui:
>buy link with BTC
acts like this in the dex:
>move BTC to lightning channel, rent cross-chain raiden channel using BTC
>pay rental fee in BTC
>use remaining to swap BTC for link via layer 2 market buy facilitated by dex
>link is in dex lite wallet on layer 2 raiden channel
at this point you can either leave the channel open if you intend to swap back to BTC, close the rented channel entirely, or you can open a new ERC channel via raiden (say, usdc or tether).

[Anonymous No.22403780]

Arbitrum + Link .. it's XSN death

[Anonymous No.22403951]

>>22403780
Every week, there's a new "XSN killer".
This was predicted, and its very bullish.

[Anonymous No.22404013]

>>22403951
But this is Link... it's like T-rex vs a lion (XSN is the lion)

[Anonymous No.22404056]

>>22404013
Arbitum is eth only. Plus I dont think 1 scaling solution is enough considering how much smart contract link will be powering. With arbitum link will be able to increase its workload but it we'll still need raiden for trading.

[Anonymous No.22404095]

>>22398853
DELETE THIS

[Anonymous No.22404176]

>>22404013
so you're saying that link is going extinct? (Because there are still lions)

[Anonymous No.22404522]

>>22404056
>Arbitum is eth only
Eth didn't had raiden as scaling solution?
>With arbitum link will be able to increase its workload but it we'll still need raiden for trading.
Why do we still need raiden for trading? Can't Arbitrum handle trading too?

[Anonymous No.22404628]

It's been years and no one uses the DEX. Holding masternodes is pointless because you have literally 0 volume.

Sushiswap took one day to make and has more liquidity than your shitcoin DEX ever will

[Anonymous No.22405263]

>>22404628
>open beta came out 3 weeks ago
>i-its been years guys please buy sushi
kek

[Anonymous No.22405313]

>>22405263
I wouldn't buy sushi or this shitcoin. However like I said sushi has actual liquidity and volume. This has none.

[Anonymous No.22405467]

>>22405313
wrong it has a considerable amount of volume for its mcap

[Anonymous No.22405635]

>>22404628
The DEX isn't even out, the product is in open beta. Please continue to talk shit about something you clearly know nothing about however

[Anonymous No.22405667]

why does the dex take forever and why do i have to rent a channel its annoying to open a channel then do i close it or what leave it open who knows dumb

[Anonymous No.22405686]

>>22405467
There's been like 50 trades on it

[Anonymous No.22405701]

>>22405635
And no one cares. This is crypto, if something like a groundbreaking DEX is released people would flood to it. Nobody is talking about it or using it because nobody cares. It's a giant nothingburger

[Anonymous No.22405808]

>>22405686
>it's been years
>shuffles cards
>there's been like 50 trades on it
>shuffles cards
Stay obsessed

[Anonymous No.22405840]

>>22405808
ur still at 20 cents

[Anonymous No.22405975]

>>22405840
>ur still at $2
careful anon. this could very well be you in the near-future

[Anonymous No.22406139]

>>22405975
11 posts by this id. ill take my chances

[Anonymous No.22406167]

>>22406139
This

Nobody cares about your XSN. You fuckers are so desperate to sell your bags jesus

[Anonymous No.22406340]

>>22406167
>Nobody cares about your XSN.

Except you, who works full time to FUD it.

[Anonymous No.22406389]

>>22406139
>>22406167
>h-hes posting in his own thread - SCAM
Lol. Maybe if your band of "totally organic" fudders didn't devote their lives to stalking XSN thread and spamming low quality misinformation, I wouldnt have to post so much.
But you can't let it go.
You spent 3 months attacking XSN from every desperate angle you can think of and you can't stop it. It pumps. You ramp the FUD up. It dumps. You ramp the FUD up. No one says anything. Even then, you start shrieking about XSN.
We told you to buy at 600 sat and instead of making nice gains, you decided to throw a 3 month long (and counting) tantrum. No one believes you.

[Anonymous No.22406730]

>>22406167
>>22406340
you literally poke wieners :D

[Anonymous No.22406741]

>>22406340
meant for >>22406139 lol

[Anonymous No.22406987]

>>22405808
It took me 15 mins of research to see how worthless this project is. It's been years and nobody uses it. No hype, nothing. DOA

[Anonymous No.22407027]

>>22406987

[Anonymous No.22407041]

imagine the MN DEX fee income when Linkies start buying LINK on the DEX. Come at me haters.

[Anonymous No.22407056]

>>22405667
because stakenet is going down the channel route with lightning and raiden rather than side chains. so while they have unlimited transaction in the channel, they have to wait. with btc being by far the longest to open, and don't worry, eth will take that long to open at some point in the future also.

while sidechains have their problems also, it'll be the most adopted to begin with. because at the end of the day, paying a $1 tx fee for a uniswap transaction (and by extension, aave/snx/tfi/zapper pools etc) will allow dex's to be billion dollar ordeals. then, by that time stakenet will have done well with locked channels, and hopefully there will be more volume since people move over to l2. the billion dollar defi/dex market is not going to shut everything down to build up from the ground up. just like we didn't shut btc down to build a better coin. we built lightning on top of it. most of the real players in defi will add in a few lines of code to go with side chains, making tx fees an acceptable amount for the masses. it doesn't matter if it's not 'zero fees' cause it'll be so small that it doesn't really matter.

i have 4 stakenet nodes, almost 5. but i'm not a stakenet maxi, i'm a realist. and holding only this in a time where there's already serious money flowing into other projects like yfi/aave/snx is silly.

[Anonymous No.22407175]

>>22407056
lol

side chains aren't coming for years, and gas costs are going to eat the ecosystem alive before anyone will be able to leverage them. seriously, sharding is at least 2 years off by VB's own admission, and it'll be delivered late if at all, like all the other eth enhancements.

you're also wrong about speed to open and rent channels on raiden - eth has a much faster block time than BTC so initial channel open will take 5 minutes max, probably more like 2-3.

your post is blatant fud.

[Anonymous No.22407215]

>>22407056
>if i claim to own some, they will believe what i say

[Anonymous No.22407262]

How much time do I have to accumulate this? The utility is that it is a nearly feeless, fast exchange correct?

[Anonymous No.22407265]

>>22407056
>most of the real players in defi will add in a few lines of code to go with side chains, making tx fees an acceptable amount for the masses
just to clarify for you - optimism does not make things cheaper, just faster. pic related - average optimism tx will cost 6k gas, plus 50k gas to move funds into the side chain.

you're literally wrong about every single one of your points. the ONLY potential solution for both speed and cost right now is raiden. everything else being offered is either a band-aid on a bullet hole, or literal vaporware.

[Anonymous No.22407379]

>>22407262
check my pic for unique features of XSN. The team is incredibly competent and the fudders are proactive which means they are fudding their own bag which is bullish. Buying at any price sub $5 is a big fat steal.

[Anonymous No.22407381]

>>22407175
i'll give you a year, there's serious pressure to get them out because the btc run is coming next year and not everyone wants to use a cex. hell maybe hydra will be next year, we don't know.
>time to open channel
>2-3 mins
that's just now, what happens when the network is clogged af at it takes 5 minutes. i don't care what anyone says, but the masses are not going to wait that long. not when you can just go to an eth dex and swap your shit, if they have sidechains running.

how come when people post in the discord things like that you don't call it out as fud? it goes down as an actual discussion. we were talking last night about what's going to be the consensus of adding tokens and that was a good one because no one actually knows what's going to happen. is mn governance limited to treasury or is it applicable to coin/token listings? can one mn decide to list it's own stuff? what happens then, is that a bad actor? see, this is all good discussion, but you call it fud. also note on sidechains, there is loopring running in beta just now, which is zk's right? there's omisego, snx will test optimism. all it takes is for them to write in some code and that's it good to go. i don't know who will win, or who will deploy it first, could be stakenet, could be someone else. but i'm glad i got in early, cause there's more money to be made elsewhere in the next 6 months imo

[Anonymous No.22407409]

>>22407262
yes. fees around $2-3 to execute as many trades as you want on a single coin pair, and near instant finality of execution. also cross chain compatible between BTC/LTC and erc20 space.

you're buying a governance token of sorts, but it's more than that as 15k xsn will grant you the ability to host a dex hub, which is essentially a master node that enables L2 consensus on the relevant traded chains, and also supports a decentralized ecosystem of order book hosting to allow for resiliency and redundancy in a world where decentralization is mostly a buzzword.

the benefit of hosting a node/hub is to earn trade fee income and share in block rewards.

[Anonymous No.22407417]

>>22407379
and here's use cases

[Anonymous No.22407516]

>>22407381
lol you're so wrong it hurts.

sharding requires PoS to scale. PoS requires miners to give up their stranglehold. you ain't seen shit yet - this roller coaster ride is just starting, and eth 2.0 is at least 18 months from main net, IF the very optimistic timeline is accurate, which eth devs do a terrible job of estimating. I remember when PoS was supposed to be a 2018 road map item.

plus, you're missing my second post. optimism is expensive. like really expensive. 50k gas plus 6k gas per tx expensive. nobody is going to pay that for the average transaction size, just for uni to tell them "whoops sorry your swap failed, try again please"

[Anonymous No.22407700]

>>22407265
what are you talking about lmao, he just said one's without a lot of calldata will be immensely cheaper. don't think there's too much calldata involved in a single trade. a 50 line flashloan, maybe.
>band-aid
maybe so, i never said it was a long term solution. but the play right now is margin trading and providing liquidity for loans. so that's where the money is, and will be for the next 6 months or so.

stakenet will be good when people go back to normal trading. but that's not what's going on just now in defi.

[Anonymous No.22407819]

>>22407516
and you got that snapshot from the stakenet discord, if it's not you already. you didn't say anything about loopring, which is already in beta. and i guess optimism website and results that you can read, are just lying. what about omise?

you're clearly all in stakenet right now, and that's cool, the product is sweet. but if you think that big brains aren't trying to solve the issue at hand then you're wrong man.

you're asking a lot for newfags to buy 3-4 mn and hodl, when you could get an easy 2-3x by investing in safe defi tokens over the next 3 months. there's plenty of us pooling in yfi etc waiting on the next move to pour money into. just sayin.

[Anonymous No.22407938]

lol @ this one guy who posts in every xsn thread
"yeah I hold thousands of dollars worth but it's a total shitcoin, trust me! p-please don't buy because I almost have my next masternode"

[Anonymous No.22408030]

okay i have 15000 XSN now. what do i do now?

[Anonymous No.22408086]

>>22407262
The utility is that it is that the DEX will let you trade interchain cheaply, instantly, and privately. the DEX, when fully operational, will literally solve the major problems crypto is facing today. You have, at a maximum, until December to buy sub $100 mil. When the greater public catch wind of this it will be too late

[Anonymous No.22408148]

>>22407819
This fucking nigger kike is telling you to invest in literal Ponzi schemes. Kill yourself and get the fuck out of this Stakenet thread immediately. And if you do own any, market sell and stay out.

[Anonymous No.22408210]

>>22408148
what's a ponzi?

[Anonymous No.22408554]

>>22408030
do you want easy noob mode or technical mode?

noob mode
>https://www.youtube.com/watch?v=x9_YdU8vWrU

technical mode
>https://medium.com/@ethminer89/stakenet-xsn-masternode-setup-guide-453a49663e66

[Anonymous No.22408620]

>>22407819
I still think XSN is very undervalued relative to its competition and for the advancements in tech it brought.

[Anonymous No.22409287]

>it’s dumping again