/biz/ - Business & Finance

>>29537837
stakenet.io
It's mostly a Masternode system, which innovated Dash to deploy a DEX that bridges ETH and BTC with Layer 2 (real Layer 2, not these garbage ass "wrapped assets" which just mean you trade someone else's assets). It lets users who host the DEX via their Masternode service reap rewards from the currently 0.25% trading fee (split with liquidity providers who host Layer 2 HUBs).
As if that weren't enough already, they do this with no web client. Users ALWAYS maintain full custody over the coins/tokens. They do this by building the DEX in to their very own Lite Wallet, from which you can stake.
They invented something called Trustless Proof of stake.
No one holds your coins. You don't trade faulty TOTALLY REAL assets like WBTC or shitty wrapped ERC-20s.
They even go one step further and intend to release their own hardware wallet sometime after their phase called Hydra, which is when Masternode owners begin receiving rewards... which, you guessed it, can be hosted from these very hardware wallets.

As if you didn't need to hear any more about the project, head over the the website: stakenet.io and view their very ambitious roadmpa.

Oh and that image I posted before details the rewards structure.
If you'd like to fiddle around with one, injecting hypothetical, simply visit: https://stakenetmasternodecalculator.web.app/wage
(remove the "/wage" part to see the normal site. this version is for fun)

Let them in, faggots.

>>28427827
>>28428542
>>28428669

This is what Stakenet is doing, bridging ETH and BTC on Layer2. DYOR

>>28273721
Buying less than 15k XSN might mean buying rope down the road.
I'm no financial advisor, but it might be a great opportunity before we hit warp speed.

>>28273790
We do this every once in a while to purge newfags.
You're probably already reported.
Sorry, bud. Gotta learn the hard way.

>>28060187
Why would RBC be any good when it doesn't even scale BTC and ETH at the same time and let you trade between them?
Investing in any other "Layer 2" DEX right now is moronic.

>>27305736
>worthless shitcoins
You poor lad.

Remember that time Vitalik made this tweet?
It's about to become a reality, fellas.

You can go buy a MN for ~$6000 right now. You won't have much longer to buy one though.

>>27122805
>Provided people actually use it

Each of the following coins below are layer 1 DEX's with a native currency, or otherwise has a use case that will be rendered obsolete by Stakenet DEX:

UNI $2,000,000,000
SNX $1,850,000,000
SUSHI $850,000,000
LRC $470,000,000
ZRX $405,000,000
KNC $240,000,000
CRV $215,000,000
BNT $178,000,000
1INCH $100,000,000

This is a combined market share of roughly $6,300,000,000. There are many more layer 1 projects, and the real number is much higher.

Stakenet DEX will render all layer 1 DEX's obsolete.

https://streamable.com/kzpimj

And unlike the majority of these shitcoins, Stakenet actually has utility and is required to run the network.

I expect XSN to exceed this valuation by the end of the year. And this is not even taking into account the market share of the existing CEX's that XSN will absorb.

Each of the following coins below are layer 1 DEX's with a native currency, or otherwise has a use case that will be rendered obsolete by Stakenet DEX:

UNI $2,000,000,000
SNX $1,850,000,000
SUSHI $850,000,000
LRC $470,000,000
ZRX $405,000,000
KNC $240,000,000
CRV $215,000,000
BNT $178,000,000
1INCH $100,000,000

This is a combined market share of roughly $6,300,000,000. There are many more layer 1 projects, and the real number is much higher.

Stakenet DEX will render all layer 1 DEX's obsolete.

https://streamable.com/kzpimj

And unlike the majority of these shitcoins, Stakenet actually has utility and is required to run the network.

I expect XSN to exceed this valuation by the end of the year. And this is not even taking into account the market share of the existing CEX's that XSN will absorb.

>>26817386
15,000 XSN (1 masternode)

>>26817544
checked.

Each of the following coins below are layer 1 DEX's with a native currency, or otherwise has a use case that will be rendered obsolete by Stakenet DEX:

UNI $2,000,000,000
SNX $1,850,000,000
SUSHI $850,000,000
LRC $470,000,000
ZRX $405,000,000
KNC $240,000,000
CRV $215,000,000
BNT $178,000,000
1INCH $100,000,000

This is a combined market share of roughly $6,300,000,000. There are many more layer 1 projects, and the real number is much higher.

Stakenet DEX will render all layer 1 DEX's obsolete.

https://streamable.com/kzpimj

And unlike the majority of these shitcoins, Stakenet actually has utility and is required to run the network.

I expect XSN to exceed this valuation by the end of the year. And this is not even taking into account the market share of the existing CEX's that XSN will absorb.

Find out what Stakenet is and thank me in a month.

SOON

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, connext is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and connext dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and connext. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product available for public beta testing, and full launch date being announced this month

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, FUDers will be swinging from lamp posts and Stakeholders will be sailing into the sunset on superyachts.

>>26244039
>No no no ETH/LINK are the only projects that can innovate!

Step aside, grandad. Stakeholders are in charge now.

XSN - Trustless L2 bridge between coins.

Just like Vitalik said.


69c's and climbing

Friendly reminder.

>>25944116
I wonder why he had in interest in that particular partnership all of a sudden? Imagine being passionate about crypto and not knowing about XSN...

Friendly reminder.

There's a race to create a layer 2 DEX that solves the problems of existing DEX's and CEX's, and finally create an exchange where any pair can be traded- instantly, privately, securely, cheaply.

The first project that can successfully create a layer 2 interchain DEX is going to rock the crypto world. FINALLY, we will have a DEX that actually works.

With monero and other privacy coins now working on lightning network integration, and getting closer, the possibility of having direct trades between say BTC-XMR is now on the horizon. Can you imagine what this will do for the crypto world? The meme of 'be your own banker' will soon be a reality.

If you look at almost all of the existing DEX's today they all fall short of overcoming the technological inadequacies that are holding the space back. Any project that isn't actively building a solution to these problems will fade into nothing. Bancor isn't doing enough. Kyber isn't doing enough. Loopring isn't doing enough. There's only one project that is building an all encompassing solution, that already has a public beta. I've told you all exactly what that project is, but only a handful have listened and only a handful will share the immense gains.

Imagine investing in the infrastructure that will facilitate the cyberpunk crypto renaissance, and host billions of dollars worth of transactions, from the ground level.

There's a race to create a layer 2 DEX that solves the problems of existing DEX's and CEX's, and finally create an exchange where any pair can be traded- instantly, privately, securely, cheaply.

The first project that can successfully create a layer 2 interchain DEX is going to rock the crypto world. FINALLY, we will have a DEX that actually works.

With monero and other privacy coins now working on lightning network integration, and getting closer, the possibility of having direct trades between say BTC-XMR is now on the horizon. Can you imagine what this will do for the crypto world? The meme of 'be your own banker' will soon be a reality.

If you look at almost all of the existing DEX's today they all fall short of overcoming the technological inadequacies that are holding the space back. Any project that isn't actively building a solution to these problems will fade into nothing. Bancor isn't doing enough. Kyber isn't doing enough. Loopring isn't doing enough. There's only one project that is building an all encompassing solution, that already has a public beta. I've told you all exactly what that project is, but only a handful have listened and only a handful will share the immense gains.

Imagine investing in the infrastructure that will facilitate the cyberpunk crypto renaissance, and host billions of dollars worth of transactions, from the ground level.