/biz/ - Business & Finance

xETH 2.0 still in development;

xETH 2.0 shortly summarized (it’s everything xEth is but much, much, much better):
>Automated Price Reactive Lag Rate -- It is a rate in which the lag automatically changes reactive to the price of xEth, taking into account psychological aspects of price, selling pressure & price pumps. This is a huge step forward to decentralisation!
>Automatic Price Reactive Burn Rate -- An automatic burn rate is just like the lag rate, but it’s how much of the transaction is burnt on sells (not buys!) so this is our mechanism in response to other projects negative rebases (+taxes).
>Mechanisms to drive above peg -- To top it all off we are working on an automatic mechanism to drive us above peg.
>Audit (huge imo) -- The code will be 100% audited by a 3rd party auditing company (yet to be selected but we have an idea of who).
>Marketing, community massively involved.

I will not stop. Come back anon, we need your pics and input kek.

>>23209474
>>23025632

Website : https://www.xeth.finance
Daily rebases dashboard : https://xeth-rebase-dashboard.herokuapp.com
CG chart : https://www.coingecko.com/en/coins/xplosive-ethereum

Again:

Here is why you should buy xETH :
>Elastic supply token like AMPL but WITHOUT THE NEGATIVE REBASES
>Rebases occur when xETH's price > 0.01 ETH
>Rebases are compounding, so it's like a savings account but with higher daily returns
>Serves as a hedge if ETH dumps
>Deflationary tax decreasing the supply meant to PARTIALLY discourage sellers
>Price fluctuating between $7 - $12 in the past week, meaning this range is safe to buy and wait for the daily interest given that after a few days of patience you'll break even at worst or see profit at best
>Team and community both are engaged and united in order to make this work. Dev wallet burned has of its inflated funds and will do it again in the future if needs be
>Get comfy in these threads (does not require buying)

Here's why you SHOULDN'T, or at least THINK TWICE :
>xETH is essentially worthless, if people don't try to make it last it won't be sustainable
>ANONYMOUS TEAM
>CODE HASN'T BEEN AUDITED BY A LEGIT PARTY
>low liquidity, wild price fluctuations (fixed soon™ with staking coming)
>NO VOLUME = DEATH
>SINGIFICANT DECREASE IN NEW BUY PRESSURE = DEATH

Happy fapping.

>low liquidity, wild price fluctuations (fixed soon™)

Staking is almost here so that shouldn't be an issue anymore in the near future.

>>23047095
Risky one.