/biz/ - Business & Finance

BRD is ready

Gear looks ready to me.

$PHNX

>>21444789
FYP

>>21444789
Reach for the STArs

>>21444789
LINK.

Comfiest hold atm

XFT - cryptographically secure ERC20 with plans to incorporate on-chain stablecoin assets like USD and Gold. They got a lot of stuff in the pipe, as soon as we start releasing, this is gonna moon.

XFT is sexy gem

>>21444789
I do not know anything and am quite dumb so I would like other anons to also help me out. I found a coin that looks like it hasn’t pumped much compared to the others. It runs on the Tron network. Oikos. Is this a good coin. It says it also plans to use chainlink for it’s smart contracts.

>>21444789
unironically pnk

What did you anons eat for breakfast today?

>>21444789
CRV. Ignore everyone else, they are bagholding old useless tech.

think $XFT might be worth a look. all about privates amirite?

Lets get shifty cause im offshift today!
$XFT

>>21444789
Probably $ZZZ. Around $200. Has a supply of 20,000, YFI has a bigger supply and is $4400. Returns are pretty great so far but admittedly it's only worth it if you stake at least $10,000 worth because of gas prices.

>>21444789
chainlink

$XFT bud

>>21445164
Literally how?? 2m supply added every day.

>>21444789
Statera
>Invents Volume Farming

Let’s assume that for one day every cryptocurrency stays flat except ETH. What would happen?

1. The value of Delta will go up and the 50:50 ratio would be out of sync, ETH would need to be sold and STA bought to keep the locked in split. This causes STA to burn

2.The Phoenix fund is 30% ETH and 40% Delta. It would then need to sell both assets and buy wBTC, Link and SNX to keep the predetermined asset weights. So now both Delta and Phoenix are back in balance, but it doesn’t stop here

3.As Phoenix sold Delta there is a negative impact on the price, but the actual quantity of ETH and STA inside of it didn’t change after point 1. As a result, it would be beneficial to unmint Delta to realise the full value of the underlying assets. This unminting process causes STA to burn. Something like this is generally done by arb bots.

4.But now as some STA has been burnt there is upward price pressure and the inverse of point 1 happens. STA is now sold to buy ETH, causing STA to burn. Initially this may not be significant but as supply decreases the impacts of this will get bigger.

5.Point number 4 means that the value of Delta has changed, which means Phoenix needs to sell Delta and so the cycle goes back to point 2
Please note, that the impacts of point 4 and 5 are probably too small to see this early in the project but it doesn’t mean it’s not happening.

Now remember there is zero chance that ETH is the only asset to move in price for the day. THEY WILL ALL MOVE.

Now think how many indices Statera will be putting out on platforms like balancer (yes balancer will not be the only one).

Multiple index funds on multiple platforms with different pools using the Delta coin.

STA will be the most used coin in Defi soon.

------------

TL:DR

In simple terms the Burn function of STA is designed to create volume. In a way Statera discovered "Volume farming"

>>21444789
Buying TRANQ at $0.20 is like buying bitcoin at $0.09

TRANQ ITHA JUST STARTED ON BITCRATIC AND BAMBOO RELAY

https://tranquility.network
Tranquility is going to be enormous. This is like investing in BTC in 2009. TranquilityNET is going to be used in actual hotels and could capture a huge portion of the property management system market in a few years.

READ ABOUT IT

https://www.marketwatch.com/press-release/tranquilitynet-hotel-management-software-officially-launches-in-2021-2020-07-02

https://www.startupinfluencer.com/blog/beyond-tranquilitynet-an-interview-with-karl-trausti

https://medium.com/@hospitalityconnect/we-tried-the-tranquilitynet-pms-beta-app-we-were-impressed-1e63914f0711

https://cryptocurrencyminingreport.com/tranquilitynet-calculating-the-true-value-of-tranq/

BUY TRANQ BEFORE THE EXPLOSION:

https://bamboorelay.com/trade/TRANQ-WETH

https://www.bitcratic.com/#!/trade/0xae9d7c1fd1980e1ca40aab0b94140ca27435ea27-ETH

JOINING THE FTHA:

1. Obtain 10,000 TRANQ
2. Email Tranquility and submit proof at https://tranquility.network
3. Receive 2,500 TRANQ bonus
4. Join FTHA
5. Receive cut of unsold TRANQ from ITHA after it ends

The answer, as always, is Statera.

If you don't wanna buy, READ THE WHITEPAPER, and then recoil as reality sets in.
Future King Of DeFi. Make no mistake, anons.

ZZZ, but it will more likely be a 100x. Only 15'000 tokens, and currently a tiny 2-3m MC

>>21445023
STA had an interesting comeback after what everybody thought was its death.

>>21445095
>>21445124
>>21445163
>>21445170
>>21445489
provide some details on actual use case and then maybe i'll look into it.

>>21445164
twas pretty funny to see crv contracts get adopted and forcing their hand on top of the binance listing. what a shitshow. still, i cant justify buying in at a 3billion dollar valuation.

>>21445559
first based response today. congrats.

Don't chase a pumped coin, go with MYX before it gets pumped. It's the exact type of defi asset they pump.

LINK
GEAR
XFT

All you need to make it.

Here's ALL the info you need for $XFT

They have oracles integration this quarter! That's huge!!

Overview
>Offshift is a cryptographically private offshore storage & DeFi protocol on Ethereum
>The first token to utilize the new EIP for encrypted token transfers using zero-knowledge proofs
>Will allow you to send and receive zkTokens (e.g. zkUSD, zkETH) which completely privatizes number of tokens transferred and held
>XFT tokens are burned in order to mint zkAssets
>Extremely early stage project, literally the ground floor, only listed on uniswap currently:
uniswap.info/token/0xabe580e7ee158da464b51ee1a83ac0289622e6be

The Tech
This standard defines a way of interacting with a confidential token contract. Confidential tokens do not have traditional balances - value is represented by notes, which are composed of a public owner and an encrypted value. Value is transferred by splitting a note into multiple notes with different owners. Similarly notes can be combined into a larger note. Note splitting is analogous to the behaviour of Bitcoin UTXOs, which is a good mental model to follow. More info here:
>github.com/ethereum/EIPs/issues/1724
Test transactions on zkDAI
>etherscan.io/address/0xc5c0b2e7a265c96d29ae1e4e70cd542dedc87aee

Tokenomics
>$2mil marketcap
>$1mil volume
>$150k liquidity locked, here's the smart contract before anons start saying "rug pull":
etherscan.io/address/0x6e159c0084e60ab396a6298258b266d6e8ee5f10
>total supply: 10mil
>circulating supply: 1.75m
>rest is all locked with vesting plans, none released until 6 months after listing
>most is dedicated towards staking and rewarding users for using the ecosystem, which begins late Q4

Competitors
>Monero $1.7bil marketcap
>Zcash $920mil marketcap
>Haven $22mil marketcap
>Offshift $2mil marketcap
Each of those are their own blockchain, where as Offshift is utilizing Ethereum giving it much more value and usecases, allowing zkAssets to interact with other defi protocols etc. Very unique value proposition

>>21444789
Arpa or bzrx

>>21444789
Have you heard of Algorand (ALGO)?

It's trading at $.70 right now on Binance. This coin is guaranteed to hit $2 EOY easily. Of course it's only around x2 from here, but it's still nice to double your money only in a few months

XFT oracle partnership anytime bitztards u liked LINK u should like Offshift

$BJR - Bull Run Jesus - it's gone up 350% since yesterday.

https://www.dextools.io/app/uniswap/pair-explorer/0x09d3e55abb23adf766d39350aef43cf69ae6ae70

sBTC will go 10x in one week

>>21444789
Official Webpage:
https://www.standardcryptofund.com


https://medium.com/standard-crypto-fund/standard-crypto-fund-qqqf-f8ced06ac82c

its a tokenized index fund that tracks crypto and defi. its supply will be leveraged to purchase tokens and pool liquidity

>>21446471

MYX

>>21444789
STA is going past $20 EOY which I suppose is a 100x at this point. The key is patience and having mild autism.

>>21446590
>>21445772
>>21445619
>>21445559
>>21445023
If you know, you know...

What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

In short, Statera:

1. Increases positive price pressure and decreases volatility - caused by the deflation
2. Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage
3. Deflation can be put into any index fund (Balancer pool) or other financial instrument
4. Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable
5. Diversification - You can hold many assets in the ecosystem
6. Passive income- make money while you hold your crypto (over 30% APY)

TL:DR

In simple terms the Burn function of STA is designed to create volume. In a way Statera discovered "Volume Farming".

>>21446524
This. Myx with staking rewards

Bro I hate to say it but it’s STA, you want the next breakout well there it is. Do you deserve it? Idk, but listening does a lot

>>21444789
$SKM is primed to moon

Here is the quick rundown:

>Defi-telecom coin
>Working application
>tech stack, so not limited to its own app
>less than $4 million market cap
>1,500,000,000 /1,500,000,000 in current supply
>stellar partners/supporters, i.e., Huobi, Anthony Di Iorio, Co-Founder of Ethereum, and Jeff Pulver, founder of Vonage.
>founder looks like Sergey

$LEND

STA and PNK unironically.

Pegnet

SCHAIN, low mcap and should blow up soon

>>21444789
Official Webpage:
https://www.standardcryptofund.com


https://medium.com/standard-crypto-fund/standard-crypto-fund-qqqf-f8ced06ac82c

>>21444789
$CHI
It acts as gas for the new 1Inch exchange, which is a new UniSwap alternative. The CHI are an alternative to burning ETH for gas, which saves money on trades.

It's only 1.5 million market cap so still undervalued.

>>21447482
Activate your CHI and watch gas prices fall by half, or more.

>>21444789

MixTrust (MXT)
$3m mc (cs wont change for a yr from now)
Uniswap has over $230k liquidity

> A synthetix ($800m mc) competitor
> from Nuls POCM program (Aleph did 50x coming from the same program)
> #2 in Nuls POCM in terms of $NULS staking and nodes running (just behind Aleph)
> cross-chain assets (mxtBTC, mxtETH, mxtBNB, etc)
> cross-chain lending
> 1st dApp, MixMint launched this week
> MXT governance token
> MTX holders receive synthetic asset pool fees
> MXT deposits can earn interests
> MXT staking coming
> Gecko/CMC yet to come (will be soon as some cex listing happening soon)
> talking to big influencers for marketing works

next Aleph, get in and make 50x

>>21445959
>>21446162
ok fine, besides the word slurpy this looks ok. twitter and telegram count+novelty of idea tells me this has upside.

>>21446187
no one cares about synthetic btc with rebase.

>>21446471
you're in every thread aren't you ranjeet?

>>21446658
stfu, i already bought abag.

>>21447113
>2018

GEAR
STA
KEN
XFT
SRM

>>21444789
$SBREE without a doubt