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/biz/ - Business & Finance

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16751905 No.16751905 [Reply] [Original]

I just found out Tezos is paying staking rewards not from income but from a stack that they hold and pay to holders. Is that right? If so, when are they projected to run out?

>> No.16752145

Looks like it's BSV shill day so will I get some answers if I post in hindi?

>> No.16752151

>>16752145
based. also curious about OP since I hold a heavy bag of this useless shitcoin.

>> No.16752154

Bumpin for info.
I saw that the avg staying reward was %6.x but that inflation was around %5 so hopefully it does have a cap or else I don't get the point

>> No.16752157

>>16751905

So its a classic ponzi scheme

>> No.16752185

>>16751905
No better than HEX. Garbage coin. You missed the chance to sell at the top but if you are still in a profitable position you should sell now.

Anytime you see some random garbage shoot up to top 10 market cap, you know it's time to sell if you bought, or short.

>> No.16752959

>>16751905
>I just found out
I’d be curious to see your sources aside from /biz/ posts, and to get your understanding of the tokenomics. You sound like a toddler discussing geopolitics

>> No.16752967

>>16752959
I am, hence me inviting you to correct me. Please do, where does their income come from?

>> No.16752980
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16752980

>>16752967
>I am, hence me inviting you to correct me. Please do, where does their income come from?

>> No.16753035

>>16752967
Kek, Nice burden of proof switch
You haven’t given your sources and understanding of the funding
I’m all for debating with examples, but I won’t lose my time spoon feeding someone blurting out opinions built on thin air

>> No.16753051

Yeah they should do infinite inflation like ETH and 100% POS reward.

>> No.16753075
File: 206 KB, 2900x2355, 1530360236546.jpg [View same] [iqdb] [saucenao] [google]
16753075

>>16752967

>> No.16753092

also, how retarded are xtz holders buying into a shitcoin without even knowing about it's most basic functions

>> No.16753112

>>16753051
Everytime someone says ETH has infinite inflation I filter them. You have no idea what you're talking about. ETH's monetary policy is long term deflationary. Since I'm filtering you don't bother replying.

>> No.16753890

>>16753112
>>16753035
>>16752980
>some dumb shit dodging the question
So it has no income

>> No.16753967

>>16753051
I mean: are they generating revenue to buy these tokens to pay out, or will they RUN OUT.

>> No.16754881

Its like mining, you get rewards for baking a block, these come from the supplyyyyyy

>> No.16755153

there aren't even any dice games written on this thing
this is cardano 2.0, leave while you can

>> No.16755220

>>16751905
Yes, goy. Tezos is broke, all coins are gone.Sell everything now

>> No.16755627

>>16755220
It's not broke vs rich, it's making money vs depleting funds. Is it actually being paid by someone to be used (which they use to buy tokens/mine supply and pay dividends) or is it going to RUN OUT? If it's a finite amount then the staking dividends aren't real they're a temporary marketing campaign.

>> No.16755670

>>16755627
well surely they have to come from somewhere, so who's paying them?

>> No.16756409

>>16755670
That's exactly what I'm asking. Everything I've seen and every dodgey shill points to "no one is paying them, they have a reserve of funds that they give out for fake staking to pump their coin"

No one has been able to point to where any money is going to tezos. Any google search just shows how we can get lonely from staking tezos, not where they get the money to pay you. It looks like a finite fund that will run out and I want someone to show me otherwise.

>> No.16756425

>>16756409
*get money from staking
I'm a filthy phone poster

>> No.16756458

>>16755627
>>16755670
>>16756409
The rewards come from the PoS protocol you absolute retards. There is no central party handing out XTZ for staking. Holy fuck /biz/ is in a bad place atm

>> No.16756501

Yeah. People here are fucking retarded

>> No.16756508

>>16756458
Where does it show anyone paying to use the PoS protocol? Who is paying?

>> No.16756532

>>16756508
what are u talking about? You make no sense. No one is paying to use the protocol

>> No.16756606

>>16756508
You clearly dont have even a basic concept of how consensus algorithms/incentives work. There is no central party. Income is an irrelevant concept. The rules of the protocol state that the validator selected by the weighted RNG generator gets to mint new coins into the block they publish as a reward for validating all the other transaction in the block. Your questions are fundamentally off base and yet your self-certainty so high. Faggot.

>> No.16756619

>>16756606
>RNG generator
Fuck me

>> No.16756996

>>16756508
>Who is paying?
Jesus Christ you're not larping, you are actually retarded

>> No.16757043

>>16756606
He means TX fees. Is there anyone actually using the network? Of course there are "tentative plans" but does the network display current usage?

>> No.16757296

>>16756409

Are you actually retarded, or is this a new FUD?

>> No.16757303

>>16756508
it's possible you have a point and are expressing it poorly
the "rewards" are inflation.
Nobody is using tezos.
Inflation is dumped on speculators.
As long as nobody is using tezos, it's effectively a ponzi scheme.
If against all odds tezos gets fee income, that becomes the real money stream to validators.
I hope this answers your question.

>> No.16757845

>>16757303
Thanks fren, will dump in the next pump