/biz/ - Business & Finance

>>20024404
If you got at least 1 node you're gonna make it fren.

>>20024404
>>20024500

>>20024500
remember
>1 node==1 million dollars

>>20024404
>ID
>yesonzDd
>yes

Yes.

>>20024404
This will be the greatest transfer of wealth to all the biztards here. It’s crazy that we got here first before it explodes it’s like getting in on Amazon while Bezo was still selling books in his garage

based

>>20024621
I honestly believe this could be a true reality eventually.

>>20026224
if xsn hits $68 or so - $6.8 bln mcap - then yes

>>20026410
next year for sure

>>20024404
SATOSHI IS STILL AROUND HE JUST GOT FAT

In 50 years..

>>20025663
XSN chads will make it.

>>20027639
they already did anon

bump

It's on a low volume exanges bro... otherwise we would already have been to 2k satoshis
Binance will never add its competitor... so what to do?

It's on a low volume exanges bro... otherwise we would already have been to 2k satoshis

Why are these scamcoins even allowed here?

With the current grind in receiving XSN due to limited supply, what do these XSN stack levels mean?

1k
5k
20k
45k
100k+

>>20025503
feels like it anon. this feels incredibly good. i only have 10k but I think this may be enough to quit my wageslave job next year and live off interest

>>20024404
Scam. Just recently the pool was stolen from due to a bug that was reported on in May

>>20032411
prove it

>>20032411
Proof please.......

Let me guess there is none....

>>20032526
https://twitter.com/BalancerLabs/status/1277600623865847808

There is barely any sell orders left on livecoin

>>20032653
Wtf does this have to do with XSN?

>>20032722
he's fudding
the balancelab.. has to do with statera

>>20032791
Exactly it’s nothing to do with XSN so completely irrelevant

>>20032411
Been following the project for more than 2 years already on the daily, and can say that this is pure FUD. Nothing like that ever happened.

>>20032653
thats what i thought mate. nothing.

>>20032653
this must be the worst attempt of fudding of all times. Do you even have enough IQ to be here? lol

So whats the EOY price prediction for this shit?

>>20033771
$25

>>20033884
Sounds like a plan.
With all that burn coming, could be possible.

1500 sats broken, next stop 2000. We going to make it boys

>>20033771
$100

BUY
BUY
BUY
BUY
BUY
BUY
BUY

>>20032184
10k XSN will for sure not be enough.
But if u have 10k dollars worth, then I might agree.

Where can you store xsn? I don’t like the idea of keeping it on livecoin

>>20037266
You can store XSN on any Ledger device or Trezor. However if you want to stake it or run an MN you need to download the core wallet. Alternatively you can send it to their cloud staking site where it will stake automatically.

>>20024404
No liquidity, shills. U want ur bags bought
>>20030650
This

>>20037641
Just broke 1700 sats it’s in freefall upwards

Can someone help me with the tokenomics? How are people getting to these astronomical values?

If I try to value a masternode, even assuming an insane volume, I get to something like this:

Daily Volume: $1B
Trading Fees (0.25%): $2.5m
To Masternodes (45%):$1.125m
Per Masternode (Assuming 10k): $112 / day

So in this example a masternode is returning $41k per year, or roughly $2.73 per XSN. Those are nice gains, but that is assuming the same daily volume as binance?

What other elements give the token value that I may be missing?

>>20037326
yooo by downloading and operating mn on core wallet do i need my pc to be on 24/7? do i need to store the funds in the core wallet or can i keep them in ledger while staking/masternoding(noob question)?
i dont have the tech confidence as you can tell.. what about the cloud staking? is that safe? how does cloudstaking look? sorry i know i can do the research but i can understand your wording better..

10k masternodes is the issue. Only 1800 now.

Suppose that increases to 2k (conservative) - not looking at any other of the math leads to a return of 560 per day.

do TPOS - trustless proof of stake lets you stake from your core wallet without keeping it open. Others stake for you trustlessly. I've done that with my XSN and it works great. Just have to pay the person staking it for you (a merchant). There is a channel in the discord for it.

>>20038247
Fair enough. I would definitely expect that number to go up once people can stake from their ledgers, not to mention more people buying in.

Either way it might be splitting hairs. The real question is whether the exchange catches on. That $1B is a crazy number I used for illustration purposes.

>>20038241
Cloud staking is made for small amount, usually you put the rewards from the masternodes until you have enough to create a new masternode.

If you want to keep passive income and still 100% safe as said either TPOS (no need to have 24/7 pc on) or masternodes.

But you can also put them into ledger and trezor (both supported)

>>20038356
BTW staking from Ledger is 99% ready. Just need ledger team to approve the build and launch the upgrade.

>>20038181
Should be:

Daily Volume: $1B
Trading Fees: $2.5M
To Masternodes: (90%) $2.25M
Burn (10%) $250k worth of XSN
Per MN: (Assuming 2000): $1125 per day

+ still get block rewards

Stakers just get block rewards, no trading fees or any other fees earned by MN running various services, the DEX is just the first dApp on the platform.

>>20038557
this math is correct. So even 1 MN can generate $1125 per day that is comfy neet bux

will you guys chill the hell out?
we're all going to get priced out and I still only have one because I'm a fucking brainlet

>>20038682
Same here, fuck.

>>20038375
what about trezor? I got a fat stack over the past few days (20mn) and I sent it to my trezor because risking having a virus and losing it on my desktop wallet wasn't worth the staking rewards.

>>20038682
>>20038692
relax I bought up until 1500 sats, when this is released you won't have to work again ever...

>>20038557
Anons, if it goes to, instead of $1B daily volume, a mere quarter of that, $250m daily volume, that's around 90k a year.........................

>>20038692
Luckily, I'm half way to my second one already. But, still... by the time I get one of my other moonshots to go off or I swing enough small gains, this thing is going to fucking 10x.

>>20038695
they will launch cold staking soon, as far as I remember

>>20038682
2 year whales are trying to get more too lol

>>20038797
you can only buy so much hookers, blow, yachts and lambos you pricks
save some for the rest of us

WHALES, YOU CAN ONLY HAVE SO MUCH SEX
LET US PEONS ALSO HAVE SOME SEX TOO

>>20038893
you had years to accooooomulate fren
years

Dammit, I shouldn't have put my illustration out there until I finished accumulating. I just played myself.

>>20038181
Some of your assumptions are off. You put 15k XSN into a node. Currently 2250 MNaaS. There are more that run on VPS though. Maximum number of MNs = total supply / 15k. MNs also earn 45% of block rewards (~7XSN/day) in addition to DEX fees.

>>20039331
they also pull rewards from dApps and TOR usage...
the rewards that can come from MNs are absolutely absurd.

>>20039331
You have to remember IF the DEX was doing $1B in volume a day you have to think about what ludicrous price XSN would be and how much an MN would cost. If they were making $1000 a day in revenue then an MN would surely cost more than $350k as you would get a full ROI in just 1 year so would probably be double that at $700k

That would mean XSN would be about $46 each. How many people would break there MN and sell for that and how many people could afford $700k to buy one? So I don’t think there would be 2000 MN running if it got that high, I think maybe like 1000 or so possibly but then if it’s just a 1000 then they would be getting double the quoted trading fees earlier and be making around $2500 a day which would probably make them even more expensive.

Honestly the potential returns on this are mind boggling if it explodes so it’s worth a gamble.

>>20038247
currently says there's 2247 on MNaaS. there will be more who use a VPS and don't go through the stakenet service

>>20039472
No check the explorer it’s the same that’s the total amount of MN’s not just in MNaaS

>>20039447
>if it explodes
So, you aren't seeing where the chart has gone 4x in three days, then?

>>20039447
fuck those are big numbers good thing i have 8 lol

>>20039498
Yeah but I mean DEX volume, if the DEX actually takes off and gains a good amount of daily volume then fuck anyone with an MN is going to be laughing to the bank

>>20039492
where's the explorer? in the wallet it says 2247. on the cloud it says 1371 hosted nodes

>>20039542
If?
Literally just go to uniswap.info right now.
What do you see?
>13 million
Now give that a nice 10x to incorporate all other blockchains: Bitcoin and all alternatives, Monero, Dash, Litecoin, etc:
now you have an extremely generous 130mil trading volume
So, we're talking half of that.

If we're talking half of that, that's still $140 per day with a single MN.
$43k per year, anon.

>>20039636
I hope these crazy fuckers pull this off.

>>20039636
Fuck if we get that I would be happy with my stack and could quit wage cucking for good easy

>>20039636
Shit. That really puts things into perspective... fuck I didn’t want to buy into during a pump FUCK

The best part is that the dex is only the beginning! Stakenet will basically be a crypto operating system where you can use dapps from other chains

>>20040198
Its under 50 cents so you'll be alright anon. You'll still 4x your money by the end of the week

>>20040485
It’s gotta pull back r-right

>>20040454
>crypto operating system
never thought of it like that.. it really is

>>20040454
you can host a dApp service on your MN
holy shit... imagine the gains

>>20024404
Shit... Buy PHNX

>>20041278
>>20041173

Exactly!

It's going to be ran through the light wallet so you don't need to have all the individual chains on your hard drive. You'll just select what you want to use and everything is done in the background through the MNs. That's the end goal.

The dex facilitates that through the lightning network and eventually raiden with how instantaneous it is and with low fees. You'll have access to all the dapps on ethereum and other chains in one place.

>>20041433
checked
like... Harmony

>>20041288
you get a reluctant check as well...

>>20041433
i used to keep multiple alts in multiple qt wallets back in 2017. downloading the eth blockchain was the dealbreaker. too much hassle
the mclw is so painless

Can't wait to setup a masternode to host all of the chains and collect those fees

>>20042263
im tempted to become a merchant and host some tpos nodes

bump

Looks like it’s getting ready for it’s next run up, this time to 3k sats.

Anyone has the link for XSN Dex testing groups? I have seen it’s open to everyone..

>>20044415
Join the discord and ask

>>20044415
please do join in and break whatever you can. it will be good to have you!

I have seen the XSN ecosystem, and the lighting Dex is just ONE dApp, will there be more dApps in the near future?

3 MNs little fish here. At 10 bucks I think I will sell 2 Masternodes and keep 1 just in case.

The value of XSN based on Masternode income.
Daily Volume: $1B
Trading Fees: $2.5M
To Masternodes: (90%) $2.25M
Burn (10%) $250k worth of XSN
Per MN: (Assuming 2000): $1125 per day

The value of 1 XSN = 1125*365/15000 = $27.3 given the DEX runs at $1b volume per day

One masternode worth: $409.5k
One masternode revenue from DEX: $410k per year per $1b volume on the DEX
Blockrewards: $80k per year

Stakenet DEX is just one DApp on XSN, and DApps are only one aspect of the entire Stakenet project.

>>20045056
Where does the treasury cut con from? Block rewards? If so how much would that be weekly the team is earning? Not saying I'd blame then if it was a lot, just curious.

>>20045140
The team get 10% of block rewards.

Each block contains 20 XSN
9 go to a Masternode
9 go to a Staker
2 go to the treasury

That XSN in the treasury is locked until the end of the month where MN owners vote to release the funds to the team.

>>20024404
Ok

>>20045184
>where MN owners vote to release the funds to the team
obv the most of the Masternodes owners are the team themselvs.. so they will vote to unloack

remember the team is a Dao so its a collection of many teams and anyone can join the development of xsn and stakenet. so just because %10 go to team, it not mean they hoard

I did it. I bought a couple of masternodes! I haven’t been this excited since Eth during 2016-2017. Make me rich faggots!!

>>20045603
We mooooon boys!

>>20039571
You find the explorer on Stakenet.io

All Masternodes are not hosted through the cloud obv.
That's why u see the lower MN number on there.
Personally I have half my MN on the cloud and half elsewhere just to make the network even more decentralized.

>>20045603
Based. Welcome to the .01%

2100 sats broken, it’s going to 3k today I’m sure of it.

>>20046532
DAMN RIGHT IT IS

This shit has massive potential with the DEX purely because just think how much dodgy money will flow through it unable to be stopped by anyone. If they add USDT this will be a money launders dream, I could easily see billions flowing through this every day from Iran, Russia, China and anywhere else with sanctions. No wonder Binance is fucking scared of this

>>20046673
You’re post just gave me a hardon. As payment have some milkers.

>>20046673
XSN is the ideal location to be in as the meeting place between Lightning and WBTC. They are competing for liquidity. XSN is their bridge - natively interoperable with both.

>>20046673
I never actually thought about that. The sheer amount of market share this dex could absorb is disturbing, I think even just having one masternode is make it territory at this point, if not just passive neet bux for the rest of your life

>>20047179
1 MN to make it has been the goal for a long time. Anything above being higher luxury

>>20046673

So true so true. $1b volume on the dex is a lowball guesstimate .

>>20047585
indeed

>>20046673

Been thinking about that for awhile. We'll corner the whole black market

Hello anons. I tried sending my XSN back to livecoin from the stakenet site but it's been more than 30 minutes and they still haven't appeared on the exchange. Should I be worried?

>>20049912
you can use xsnexplorer.io/ to track your transactions. it's probably on livecoin's end wait longer it probably will show up just be patient. i am assuming you mean you sent from your cloud wallet

>>20049953
That's correct, I sent from my cloud wallet.
I should have tried with a smaller amount to check but it didn't cross my mind.
Kek, and just I typed this post it arrived on Livecoin. Thank you anon! I was worrying for nothing. I'll come back to XSN, planning to ride on other coins to increase my stack

>>20050064
Just a heads up if you plan on using MNaaS, XSN Cloud takes 6 confirmations for a deposit to clear. It takes a little longer than usual.
Transfers to the core wallet tend to come in immediately after being sent

>>20024404
How many xsn for node

>>20051040
15,000 XSN for masternode collateral

>>20049430
P2P $ BTC -> Stakenet DEX
done

If stakers and MN each get 45% of the rewards then what is the benfit of the MN?

>>20052905
MNs earn DEX and LN routing fees.
All fees are swapped into XSN - 10% of every fee burned.

>>20052905
At a base level it depends on the weight of each side the the network MN’s Vs Stakers. Each side gets the same amount of XSN distributed to them but it’s how much competition you have to get those rewards. If there was 20M worth of XSN in MN’s vs 40M worth of XSN staking then you would get twice as many reward on the MN side as there would be twice as much XSN competing for rewards on the staking side.

Right now there is about 35M XSN in MN’s and 41M XSN staking so MN’s get slightly more rewards than stakers.

let me guess fudder gonna jump in this thread next lmao

>>20053046
>>20053192
thanks

>>20053192
Since anyone owning XSN can stake but only those with over 15k can run a MN, running a MN should always be more profitable. If it ever became more profitable to stake people would leave the MNs, but it can't go the other way.

What is the valuation of the DEX and LN routing fees that MNs can earn?

>>20053339
All depends on how popular the DEX is. 90% of the trading fees go to to the MN’s running it, the remaining 10% is burned to reduce XSN circulating supply

>>20053339

Join the the Discord for beta access: cyF5yCA

https://medium.com/stakenet/stakenet-dex-multi-exchange-trades-7193243f0c13?source=friends_link&sk=e95c3fb6d305ba328ed0a3c29e078e54

https://media.discordapp.net/attachments/374568694690611204/727569384851243058/Stakenet_DEX_-_Binance_CEX_-_Vortex_Aggregator.mp4

>>20053592
I had no idea that 10% of all the fees were burnt until recently. That's brilliant. A complety decentralized balance between building up the MN network so it can scale and burning off excess.

>>20054195
One of the devs confirmed all trading fees will settle in XSN automatically in the background meaning constant buy pressure which is insane!

>>20054264

WHY THE FUCK DO YOU KEEP DUMPING EVERYTIME IT HITS 17 CENTS

>>20054707
Here's a log chart version.

is there a live source on MN ROI? there is a screenshot in their medium article but its outdated

>>20055473
idk about a live source, but it's 16% ROI for mn rewards, trading fees not included

>>20056114
how much can I get from staking 7k XSN?
let's assume the XSN goes to 50 cent

where the hell can i buy this shit coin? livecoin has no liquidity. i can single-handedly double the price and i'm not even a whale

>>20056600
staking is 13-14% ROI. there is a calc on stakenet.info

>>20056675
only on livecoin. volume is low because only around 1% of the total supply for sale at all

>>20056675
thanks anon. any whales willing to do an OTC trade?

XSN baby. nothing like it
set up a merchant staking contract, sit back and get your booze money. easy peezy

sorry im a retard. this >>20056781
was meant for >>20056726

>>20056726
>staking is 13-14% ROI
per year?

>>20056781
>OTC trade
why an OTC trade? I bought mine on Livecoin

>>20056980
Because even a small buy would double the price... This market is so thin it's completely ridiculous. Hence I need to do a single block trade with someone OTC.

>>20056813
Yes, per year. Better to setup a masternode instead as it'll have multiple income streams besides rewards

>>20057034
>Because even a small buy would double the price
god please do it
based whale

>>20057081
>Better to setup a masternode instead
I don't have liquidity for a Masternode. I shoudda sell 400 Linkies for that
Or some RLC

>>20038360
>If you want to keep passive income and still 100% safe as said either TPOS
only 14% per year... so sad I didn't grasp a masternode

>>20057034
Heh good luck kiddo

>>20058343
so that's a no from you? i'll lurk around the xsn threads when i have time. i'll be making the same offer assuming i can't get any decent size filled in the meantime.
>>20057206
some buying pressure is good, but a large spike taking out all of the offers isn't. especially for the buyer.

>>20057258
400 link for a masternode is a fucking steal. Don't know how much LINK you hold, but if you sell 4k link for 10 XSN nodes, you'll make boatloads of cash once the DEX takes off, guaranteed.
LINK already mooned hard, so the upside potential is getting smaller and smaller for each day that passes.

Diversifying is a great strategy, especially in projects that builds tech solving huge problems.

>>20058499
Just buy slowly off the sell orders. I don't know how much you're looking to buy? But there's a couple of big sell orders to grab right now

>>20058554
The one big sell order (which since disappeared) was about 2x higher from where it's been trading recently. I'm willing to pay more than market for a handful of ETH, but not double and not for real size.

>>20058499
Been holding for years and have yet to find a reason to sell. Infact, I’ve come to the conclusion that I’ll never have to sell. I can live off my other coins positions while this takes off and I have done just that

>>20058535
>LINK already mooned hard, so the upside potential is getting smaller and smaller for each day that passes
Link moon hasn't even begun
Stop trying kike
Link is like an undervalued bluechip, stakenet is that OTC penny stock you gamble on

>>20059017
Links gay prove me wrong.

>>20058554
>there's a couple of big sell orders
Which price are they at?

>>20059039
I don't want to sacrify my Linkies... even if the rational choise would be to get at least one Masternode

>>20059077
Fine you win.

>>20059052
On coinall the only decent sized offer is about 60 ETH worth of XSN at $0.305

>>20059374
i meant livecoin. coinall has the btc pair

>>20059782
You need convert thoses eth in btc and buy xsn-btc market. Eth market has no volume

got myself 100k xsn. I hope it's enough

>>20059939
does coinall do kyc on deposit or withdrawal?

>>20060147

Coinall does ask for KYC but once again there is no volume here.

Only good way is XSN-BTC on Livecoin. No KYC on deposit or withdrawal. Livecoin is run by russian mob

https://www.livecoin.net/fr/trading/XSN_BTC

>>20059374
>about 60 ETH worth of XSN at $0.305
huge sell order.. probably it gonna dump at that theresold

>>20060190
Thanks man. I'm gonna accumulate patiently.

Any point in juat picking up 1k and putting them into the cloud staking?

>>20061014
Never a bad idea up hold some in general but yeah the rewards will be pretty small

>>20061276
Any realistic prices for this eoy?

>>20061304
If raiden is fully integrated in the next few months then I'd say $3 to $5

>>20061304
As it is atm without dex publicly released I think XSN belong in the lower end of top100 which would be a 4x-5x from current price?

>>20060110
youre going to make it

sell order at 0.35 gonna dump at that theresold?

>>20024404
FUCK

>>20061894
10k is fud

>>20061304
$1000