/biz/ - Business & Finance

yes, no, maybe DYOR

>>18886096

>>18886127
Thanks... This feels extremely unusual. I was looking at their site as well, and you're right that it has been in Dev for quite a long time. The liquidity on Uniswap is pretty large as well, so you're only getting about 2% slippage on what would be a moon ticket IF it does something like a 10x. However, maybe we've missed the first leg up as it seems to have been increasing pretty fast the last few weeks. Still, only 12m market cap.

>>18886212
Also, there's only 12million of the tokens? Fuck! This keeps getting better.

>>18886096
Rpl will be top 20 mc this year.

>>18886243
I think 18m tokens. But 400k gave been burned permanently from a guy who got hacked, so 17.6m

I dont know anything about it but i bought the top and put 100 usd throwaway money in it

>>18886096
Honestly, this thing looks like a decent moonshot. So I threw some funny money in, hope I dont get blacked.

So, one thing I'm wondering is; as an end user of rocket pool, do you incur any cost from giving your eth to the network? If the provider of Eth has no cost other than perhaps an agreement to provide the Eth for a fixed time, then why would every single eth in a wallet not eventually be incorporated in to some type of pool like this?

Given that I'm a recovering Hex guy, I'm kind of wondering now if the same tokenomics that Hex was going for will eventually apply to Eth.

>>18886212
>>18886243
Check Coingecko for accurate token circulation data.

>>18886318
>>18886317
>>18886269
>>18886256
>>18886243
>>18886212
>>18886127
>>18886111

Do not trust anyone that tells you this coin is great. The token has NOTHING to do with staking.

Look at the actual tokenomics, this token has no standing.

The makers of this token has been reported to the Australian Trade and Investment Commission for their pump and dump scheme.


Everyone read this:

https://medium.com/@galileo.condechi/the-simple-math-behind-rocketpool-ico-scam-5d9a2fcfcf8a

>>18886317
>>18886318

Well, if it's anything like what happened to Hex, just forget about it and keep an eye out for when every second thread on biz is about it. Then sell at a tidy profit.

Can we talk a bit about how much better Uniswap is than the 2017 era "decentralised" exchanges.

It's like night and day which is why I say the modern day moons will be there and not on shitty obscure exchanges what host like one notable coin and mysteriously get "hacked" when that token 10xs.

>>18886368

>compares HEX to RPL with some technical talk in it to make lurkers doubt

Ohh I see, you are lowkey trying to fud it in a not so obvious way. If pajeets believe your ass, they might as well deserve to sell their bags to you.

>>18886418
Why do you care so much? In my experience when theres coordinated fud on a low mc coin, there are ulterior motives. Are you or your employers perhaps trying to fud for a better buy price?

>>18886418
cool article, still not selling

>>18886485
course not, you're one of acaps scammers lol

>>18886476
because I can. If I can get this coin destroyed and the developers investigated I would have thwarted your kike schemes lol!

>>18886549
Post hand with timestamp please. If youre not brown, I'll sell.

>>18886418
I'm only reading about it now, but isn't the point of the token to gain rights to run validators for the Eth which is granted to the pool(s)? I guess what happens is that the more ether which is granted to the network, the less it costs in terms of RPL to add a validator to the network. The FAQ says the price of a validator in RPL fluctuates depending on the state of the network to maintain a balance between number of validators vs available Eth.

>>18886629
you need 16 RPL to run a node, which you get back at the end.

Now explain the tokenomics to bagholders with 50,000 tokens

>>18886763
This is the problem. The service looks great but to token isn't anything special.

>>18886763
>>18886886

Sorry, but I think you guys may have been fudded. This is from Rocket Pool themselves:

"In addition to depositing ETH, a node operator is required to deposit a set amount of RPL per ether they are depositing. This RPL:ether ratio is dynamic and is dependent on the network utilisation. E.g:
If the network has plenty of capacity, then node operators need more RPL to make deposits. It gets progressively more expensive in terms of RPL to make node deposits when the network does not have enough ETH from regular stakers to be matched up with node operators. This helps prevent several attack vectors outlined in the whitepaper and keeps assignment of ether ‘chunks’ to nodes quick.
If the network is reaching capacity, then node operators need less RPL to join as the network needs more node deposits to be matched up with regular users deposits. If the network is maxed out and needs node operators to join quickly, it even drops to 0 for the first one to make a deposit."

As more non-node users deposit eth for staking, the cost associated with adding another node goes down.

>>18886763
>>18886886

Also, I'm a software engineer by trade and these commits related to the project looks good to me at a cursory glance:

https://github.com/rocket-pool/rocketpool/pull/168/files

(most crypto related projects on github that I've seen have been months of updating readme files...)

>>18886589
he isn't a pajeet, he's a boomer

>>18887660

Plenty of legit looking solidity code in there as well.

>>18887731
Fuck it, I'm in lads. This is basically the cream off the top of Hex so I don't care, I've seen enough to know this is legit compared to 90% of the rest of projects out there.

See you in a few weeks in the moon threads if the rocket takes off!

>>18887793
Here's the discord link, you sound very knowledgeable. Few people here actually do research
https://discord.gg
/
qEfcMn

>>18887793
Yeah rocket pool is very legit. The token is not going to be a great hold.

>>18887870
I can't wait to see your reaction when this token goes up by 10x+

>>18887793
obvious shill scam lol

you people have no self awareness. anyone here reading this thread sees you for the obvious scammers that you are

>WHOA YOU JUST BLEW MY MIND. GONNA BUY SOME TOKENS NOW!!!

scam