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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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22971713 No.22971713 [Reply] [Original]

Previous thread : >>22955475

Website : https://www.xeth.finance
Daily rebases dashboard : https://xeth-rebase-dashboard.herokuapp.com
CG chart : https://www.coingecko.com/en/coins/xplosive-ethereum

Good news coming in the next 24 hours, dev wallet (52% on etherscan) will see its funds burned by half. Daily volume is increasing, and the growth of both value and the community so far has been organic from what I can see.

Pros :
>Elastic supply token like AMPL but without the negative rebases
>Rebases occur when xETH's price > 0.01 ETH
>Rebases are compounding, so it's like a savings account but with higher daily returns
>Deflationary tax decreasing the supply meant to PARTIALLY discourage sellers
>Price fluctuating between $4.5 - $8 in the past week, meaning this range is safe to buy and wait for the daily interest given that after a few days of patience you'll break even at worst or see profit at best
>Team and community both are engaged and united in order to make this work.

RISKS AND WHY YOU SHOULDN'T BUY :
>No real usecase or value besides "muh daily profits"
>ANONYMOUS TEAM
>CODE HASN'T BEEN AUDITED BY A LEGIT PARTY
>LOW LIQUIDITY - WILD PRICE SWINGS
>Thing is sustainable as long as people are greedy enough to hold, but if volume decreases significantly or people stop buying dips, it's going to crash hard as people will want to sell their rebase profits first

It's been 12 days since I first bought at $4.7 Went from 191 tokens to 399 by holding alone. LP-Staking will hopefully take care of the volatility issue in the coming week.

>> No.22971744
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22971744

Here's an overview of the entire ecosystem.

I promise I'll try to keep boring pictures at a minimum, now it's time for the real reason behind these threads.

>> No.22971766
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22971766

>inb4 Akariot
Happy fapping /biz/! I'll try to bump this thread from time to time.
I hope that I won't be alone bumping it though.

>> No.22972033
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22972033

There was something else I wanted to say about xETH, but I'm having a brain fart. I'll put that aside for now.

I've been shilling xETH quite vehemently lately. At least, if it does moon or turn out to be a successful mid/long term investment I hope that I managed to convince people to buy and join me in this elaborated crypto ponzi scheme early. If it fails, then at least I hope I managed to make your time worth by triggering your deepest and nastiest sexual urges. I'd honestly feel bad if Xplosive Ethereum were to crash or to be a scam after I promoted it this intensely, especially since i would be partially responsible for making people lose money.

People like to say that /biz/ and even financial markets as a whole are supposed to be ruthless like a shark's pond but I legitimately believe in the "through dick, unity" mantra.

>> No.22972248
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22972248

Bump.
Looks like I'm back talking to myself. Actually, I'm kinda tired. I'll leave this thread at that for today.

Be sure not to buy unless you fully understand the risk and what you're getting into, anons. With that said, see you around

>> No.22972914
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22972914

>>22971713
Excuse me OP, WHAT THE FUCK WAS THAT

https://chartex.pro/?symbol=UNISWAP:XETH/WETH

>> No.22972962

What the fuck was that

>> No.22973009
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22973009

>current rebase percentage : 16.6%
HERE WE FUCKING GO

>> No.22973046

Ha

>> No.22973096
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22973096

>OP went to sleep before it started to pump

How happy will he be when he wakes up? If the price doesn't retrace after the juicy rebases coming

>> No.22973259
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22973259

The FUD from earlier was attempted on September 29th

>> No.22974148

>16% rebase just got in
You were not a faggot OP

>> No.22974329
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22974329

>>22972962

>> No.22974494

>>22973259
when was this lol. sick fud post

>> No.22975464

>>22974494
Someone copy pasted it here earlier today