/biz/ - Business & Finance

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, connext is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and connext dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and connext. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product available for public beta testing, and full launch date being announced this month

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, FUDers will be swinging from lamp posts and Stakeholders will be sailing into the sunset on superyachts.

Lets get this out of the way as well.

>Rugpull on LiveCoin
>Exit scam PoSW
A CEX fucked the stakenet team and deligitimized their product, they decided to build a DEX with as close to CEX speed & fees as possible, so that this thing doesn't ever have to happen to anyone else.

>Fork of dash, fork of btc
Humans stand on the shoulders of giants, we pass down knowledge and grow as a group. Information Theory is a fork of Calculus, which is a fork of Complex Math, which is a fork of addition, which is a fork of counting how much copper you are selling to your byzantine neighbor, 3000 year old tech.
Facebook is a fork of react, which is a fork of JS, 18 year old tech

>L1 in 2021
Its L2, which means no gas fees, instant trades, less importance on delayed contracts

>Dumped 320k xsn without a vote
They did vote, every xsn in the treasury is there by approval, its a slush fund for this exact purpose. The dump? last week was <5% of today's trade volume, and was provided to the liquidity pool. Is staking in Uniswap's liquidity pool a dump?


Thats the standard fud, but what else?
> Always your keys, always your coin, always your money
> Working with BTC / USDT to pull millions in usd through the network and generate rewards
> Crosschain, no more wrapped btc, no yahoo btc. No barrier to entry for normies to pump your coin.
> Any trade on the network generates staking rewards.
> Auto staking just for owning the coins
> Ultra-staking for masternodes
> Swing trading? Instant trades, aggregated huge liquidity pools, no gas, less slippage, swings are profitable on 3% diff instead of 8%, less risk
> Private trades, no kyc, trustless

>About Stakenet

Stakenet has built a true next-generation DEX solving many of the issues that currently plague the DEX industry, such as ever-increasing costs and transaction times. Stakenet has built their DEX from the ground up using time-tested Layer 2 technologies such as the Lightning Network and Connext Network.

Using Stakenet’s technology it’s possible to make a layer 2 instant swap between BTC and USDT, and that’s just the beginning. Their tireless efforts have rendered them irreplaceable for crypto.

>Key highlights of Stakenet’s Layer 2 DEX:

>It provides instant and virtually feeless cross-chain trading.
>Users retain full custody of their funds at all times as they own the private key for their wallet.
>Projects and users can run their own hub of the DEX which adds further liquidity to it and can support their chosen currencies.
>“Vortex” enables the DEX to share liquidity with other exchanges, both centralized and decentralized.
>It is run entirely on their decentralized Masternode network.
>The community members who run a master node will earn a share of the fees earned from the DEX.

Layer 2 allows Stakenet DEX users to trade faster, cheaper, and more privately than any other DEX available today. Professional trading tools can also be used on Stakenet DEX opening the door for decentralized high-frequency trading. With Stakenet DEX there are only two “expensive” on-chain transactions. Moving your funds off of their main chain to Layer 2 and moving them back on-chain to their main blockchain. Once off-chain, there are no on-chain/gas fees and transactions are settled instantly making it ideal for high-frequency trading.

>he listened to the FUD

oh no no no no hahahhahahahahahah

Everyone on /biz/ already has a suicide stack, right? Right?

>>27215101
DEX announcement date will be within the next few weeks. The DEX will be released before the end of March. News on the Bitfinex deal will release shortly after. Stakenet will continue to snowball into effect exponentially and masternodes will become completely unaffordable to the average investor yet still highly sought after for their passive income potential. If you're not in now, your running out of time.

/biz/ has been told about this for years and they have had everyday to get in on the ground level. if you miss out you have no one to blame but yourself.

>>27215589
I can't believe biz is sleeping on this.

Look at what UNI and SNX have achieved in terms of price performance.

Now look at what XSN will be providing in terms of utility to the blockchain. It is immensely more valuable, and scalable.

There is no doubt in my mind that we will surpass their market caps within just a few months of the public DEX release.

In 2+ years the Devs have committed little to no resources towards marketing and getting a major CEX listing. We have seen both in the last few weeks. Why? They have stressed that they will not put any resources towards marketing until the product is ready for public release. That time is now.

Stay strong, remember the value of your investment and don't sell your grandchildrens birthright for a measly 10-20x. We are on the doorstep of a parabolic price acension that few ever get to even witness, let alone partake in.

The momentum of the cryptocurrency space has snowballed exponentially over the past decade. Each market cycle to this point has brought a cornucopia of new strides and breakthroughs in blockchain technology. The rapid growth has led to immense profits for an uncountable number of long-term participants.

Adoption continues to spread with increased institutional backing and consumer payment channels. Indeed, all signs point to cryptocurrencies reaching a new plateau on the stage of global commerce. An essential question must be asked at this transitory junction in what appears to be the early stages of another bull market. How far will profit allow the underlying blockchain technology to deviate away from the roots of its essence and justification? There is no better source to reflect upon than the Cypherpunk Manifesto.

That which ages among the best is that which only becomes more biting and significant over time. Originally published by Eric Hughes in March of 1993, the Cypherpunk Manifesto has a short, sweet, and directly to the point message with an especially understated foresight about it that’s decades ahead of its time. It is a must-read for any digital native. It emphasizes the essence of digital privacy, decentralization, censorship-resistance/immutability, and the freedom to remain anonymous at-will. It argues that these principles be made manifest for any form of communication or commerce. Its backbone lies with every individual coder who cherishes the fruits of civil liberties and dares to counter and obsolete the many intrusive and invasive forms of technology with open-source, cryptographically effective solutions for the greater good of society.

>>27215736
Uni is an AMM that runs on Eth. SNX is a derivatives market.

XSN is a blockchain that can't run smart contracts.

>Get fucked

>>27215826
These were the principles that Bitcoin was constructed with and designed to honor. While its inherent technology stays true to this nature (mining aside), the infrastructure that has been built up around it is flawed by design and sacrifices a good number of strengths and freedoms. Most notably are the many vulnerable points of exchange run by central authorities on trust where funds are at risk to be frozen or stolen, KYC (know your customer) policies, and the traceability, restrictions, and risks that come from these two points.

Shortly after BTC found a value that could be directly pegged to the USD (and with the USD, every global currency), a number of exchanges offering trade between the two opened for business. The first of these exchanges was the infamous Mt. Gox which implemented KYC policies by 2011 before exit scamming in early 2014. KYC policies were initially introduced to comply with the many regulations regarding the exchange of various fiat currencies for crypto in addition to demanding a deeper sense of customer accountability. Up until the point that they were introduced, the only sure way it would have been possible to trace specific addresses is if the recipient publicly disclosed their wallet address. KYC brought a considerably more advanced form of traceability with it. In addition to e-mail addresses and bank accounts, everything from names, addresses, full ID info, and pictures of each and every customer became tethered to their respective deposit and withdrawal history. Though somewhat convoluted with the nature of exchange wallets, there are patterns that can be followed and traced.

As BTC continued to grow, so did the number of its forks and competing cryptocurrencies pegged to its value in satoshis. The forks grew to be numerous and with them, the number of centralized C2C exchanges where you could trade them for BTC. Like the fiat-to-crypto exchange points before them, KYC was implemented on numerous C2C exchanges as well.

>>27215886
FRIENDLY WARNING TO ALL NEWFAGS

there has been an endless FUD campaign waged against XSN for years now. If you search the archives, you will see the same tired, baseless arguments copy and pasted again and again.

Stakenet (XSN) has now been listed on a tier 1 exchange, bitfinex. The 5th largest crypto exchange. These top exchanges have to perform a huge amount of due diligence and thorough research on any coin that wishes to get listed. Only if the coin meets their thorough criteria will they risk listing it.

In the case of bitfinex, owned by iFinex (the parent company of bitfinex and Tether), they are enormous influence on the crypto economy and under much scrutiny by law enforcement across the world as regulations tighten and governments look to restrict access to cryptocurrency. Bitfinex wouldn't risk listing anything even potentially worthy of litigation.

tldr; all FUD has been rendered obsolete by the bitfinex listing, you are being scammed by XSN whales who are trying to keep new investors out and suppress the price

>>27215826
This is the cringiest copypasta I've ever seen and having it in every XSN thread makes us look bad

>>27215826
>>27215918
Centralized exchanges of all sorts are perhaps the weakest link in entire cryptocurrency space. They have repeatedly proven to be weak in terms of security. This year alone, the following exchanges have been compromised: Binance, Bithumb, Coinbene, Coinbin, Cryptopia, and QuadrigaCX. What’s worse, they’ve sacrificed many of the core principles of the cypherpunks that built Bitcoin in the first place.

How can crypto be censorship-resistant and immutable if exchanges can decide to freeze funds or put a certain wallet into maintenance at whim? How can it be private if every account has every bit of trade, deposit, and withdrawal history it has done tethered to its name? How can it be anonymous at-will if full documentation is demanded, sometimes as a ransom for frozen funds? How can it be secure when billions of dollars have been hijacked from weak security? It could be argued that these exchanges are the antithesis of the cypherpunks: an easily-exploitable honeypot of funds and user data with a central authority.

>>27215985
what do you have to contribute?

>>27215826
>>27215918
>>27216002
Consider the efforts of the X9 Developers building Stakenet. True to the nature of the cypherpunks, they have been working to make these numerous vulnerabilities in the cryptocurrency infrastructure obsolete. To strengthen censorship-resistance and decentralization in this space, they have been implementing an immutable and purely decentralized exchange into their network where no central authority can freeze funds, where exit scamming is impossible, and where security is as tight as the blockchain technology it runs atop. To restore the principle of at-will anonymity, their immutable DEX will have no KYC, nor will it require registered accounts. In the interests of privacy, they have built a solution that allows for one-click TOR lightning swaps that strengthen the privacy of every participating coin and the Lightning Network itself. To strengthen the nature of the decentralized exchanges that are already out there, they are working on a DEX aggregator that pools together the offerings of many promising DEXes suffering from low volume or difficulty of use.

>>27215826
>>27215918
>>27216002
>>27216089
Put briefly, this team has the foresight and skill to acknowledge and address the numerous risks and shortcomings that anyone coin may face the second it is sent from a private wallet to any other point in trust. They are compounding these solutions into one streamlined and convenient wallet where funds are firmly secured, trustlessly staked, and instantly tradable from one singular point.

To build up the world of cryptocurrency is to honor the ways of the cypherpunks and carry on their torch. It is to fight for freedom from the intrusiveness and corruption of centralized authorities by obsoleting them. It is preserving the privacy of funds, resisting mutability, and decentralizing any and everything which stands to benefit from it. Whether that be a store of value, the means by which that value is secured and traded, or the platforms on which these mechanisms are discussed. This era of mass-censorship, intrusiveness, digital balkanization, and monopolies from many of the premier digital spaces not only shows how right they were 26 years ago but that there is still a considerable amount of work to do.

How do I buy this as an American?

>>27216014
Nothing, I lurk these threads because XSN is my biggest bag but these are the worst threads on this board. Half of the posts are old fud, other half are circlejerking about how much our masternodes will be making us when it hits $X

>>27216280
You can get it through the whitebit phone app without a VPN (you can only withdraw up to 2 BTC worth a day) or you could use bitfinex with a VPN via the Opera browser's VPN or a paid VPN. Transfer your BTC from goybase or whatever wallet you have them in and trade them for USDT and then purchase XSN with the USDT from either exchange.

>>27216304
What a waste of life

HAHAHHA retard FUDers still working full time meanwhile stakechads just keep on winning

>DEX around the corner
>Bitfinex deal confirmed
>Masternode rewards officially declare 1 MN as a make it stack

$100 2021

>>27214425
>I drew a graph

>>27216606
thanks for the bump

FUCK FUDERS
FUCK NIGGERS
FUCK KIKES
FUCK TURKROACHES
FUCK PAJEETS
FUCK BINANCE

XSN $100 2021

Friendly reminder. $100 EOY is FUD.

ok which one of you started shilling on Reddit? It's all over the place now.

>>27217339
you think we could keep this under wraps? its only a matter of time before this is mainstream.

>>27217213
i asked in the magic eight ball thread earlier today if XSN will be $100 in 2021 is said no way.... but when i asked if it will be more than $100 in 2021 it said without a doubt.

>>27217633
checked

>>27215886
>muh AMM

kill yourself

>>27215101
starting to think more and more that the suicide stack is only 1k XSN

Fuck bros do I just go all-in on a master node?

Or will I make it with just 2k XSN?

>>27217339
Good. We had 3 years to buy now we need to get adoption and shill everywhere.

is there a guide to xsn tokenomics thats easy to understand for a brainlet?

>>27214425
sorry stakefags your shit is a scam

>>27218329
>>27218609
1 masternode is the make it stack, and a suicide stack. Get it while you can still afford it.

>>27219109
thanks for the bump

>>27219109
Why did bitfinex list a scam?

>>27218884
The OP has all the resources you need anon.

FUDers are strangely quite.

>>27219411
Checked. Newfags need to dyor

>>27219679
They have been since the masternode fud was obliterated by the dev team. XSN from this point forward is going to go steadily up.

>>27219876
They are on borrowed time and they know it.

>>27216304
>not excited about being wealthy beyond your dreams in 5 years

who doesn't dream of being the next CZ? why do you begrudge your peers their fantasies?

This is the mental process when you look for a dex alternative to Uniswap. When you figure out that XSN is the next thing, mind is blown

>>27214425
Bump

>>27222532
Coom

XSN fudders come out come out and plaaaaaaaay? did you run out of energy you pussy?

>>27223088
Checked.>>27223303
Coz they 3rd world nigggers

>>27223303
Their new strategy is to not fud and hope the threads get archived. BUMP

XSN is the real innovating. Not ETH copy pasta code

>>27224018
that's what i deducted too. they are just ignoring threads now

>>27224078
I'm hoping the price drops a bit for more accumulation. The 1 cent dips just aren't cutting it for me.

>>27224300
3 years

>>27224300
still a 2-4% drop. I would take it. I am accumulating daily. If you pay attention to dev updates, you know feb is probably last month to accumulate sub $1.

This coin is going to blow up anytime between now and March

>>27224300
checked but your dreaming if you think the price will drop substantially. We will literally have the DEX within the next few months, and then the price will be uncontrollable from there.

>>27224535
buy now or regret, don't fuck around with an opportunity like this

>>27224535
>>27224460
>>27224438
Yeah, yeah, I know it's likely not going to happen now that the fud has run dry, but an anon can only hope. I'm still buying daily anyway.

>>27224756
was meant for
>>27224300

>>27221564
>dex alternative to Uniswap
People can earn money pooling on uniswap
On xsn if you don't have MN you'r out

>>27224535
Whenever market moves

>>27224864
Wrong. Anyone can provide liquidity.

>>27224864
You can earn by being a OLP - orderbook liquidty provider.

XSN dex runs on a taker pays maker fee model

>>27224864
Also you are gay.

Fudders I miss you

>>27224864
Why does all the fud have to be lies? Why can't the fudders just tell the truth?

>>27224864
he's not even trying now.

>>27224864
baseless claim, why don't you prove it scumbag. bend the knee loser. give up.

>>27225282
Lets try to be inclusive. Fud is good for our threads. Once dispelled, it reveals the truth with that much more power.

>>27225499
you're right, I was just think I was overly harsh. I hope he forgives me.... I'm sorry 4bvcpKvZ)

Got a few k up to a mn but the only funds i have available is UNI but that shit is running like crazy. Anons i dunno what to fuckin do. Can afford 2mna aswell and still have 400uni if price go a few dollars above 20 but that seems a bit risky...

>>27225878
Dump UNI right before v3 is announced. Buy the hype sell the news. As for MN, I would keep accumulating because its going to be twice as expensive in a month.

Lump Bump

>>27225961
Got my first MN yesterday. I almost felt bad for all the normies missing out but I then I remembered I don't give a fuck. I've been religiously checking https://stakenetmasternodecalculator.web.app/ and the medium post regarding Hydra. We really are insanely early.

>>27225961
Yeah that was my initial plan aswell and just keeping 400 uni as a suicide stack but the problem is what if v3 launches in July and stakenet moons in mars? Gonna have to finish MN eventually, lacking around 4k so maybe might pull the plug soon.

>>27214425
See you in KLEROS COURT with your masternodes around your neck in 2022.

>>27226414
Refer to OP. then look at LINK's chart and see what happened when it exited the J curve in 2019. thats exactly what will happen to XSN.

>>27226414
This project has been underground since early 2018. Right after market start crashing, XSN was born to scale BTC and connect it with ETH.

XSN is basically 3 years ahead of these new L2 projects. Basically no one is attempting in using Lightning because they realized how big of an uphill climb it is.

XSN is closed source so there is no way any project can leap frog it. Its basically been digging a moat around it for 3 years. Now when the bridge comes down, everyone is going to flood into the citadel and there is no space for the plebs that are too late.

>>27226414
i saw this article

https://www.altcoinbuzz.io/cryptocurrency-news/spotlight/interview-with-stakenets-platform-manager-shahab-behzadi/

posted on a crypto news site and the intent FOMO i got ate away at me until I grew a pair of certified steel balls and market bought a masternodes worth later that day. This was in July 2019. Only XSN I ever sold were from testing out the closed group beta DEX given to be my Diaper, the man himself in a DM after I expressed a desire to participate a couple times. Having gone all in on XSN i disengaged more from /biz/ and crypto a lot more. dealt with other things in life and now 2021 alt season is lining up perfectly with my life events right now, I am being rewarded for my due diligence just like every anon who got in early.

>>27226860
based. see you in make it city anon.

>>27226434
>kleros

To be fair, you have to have a very high IQ to understand Stakenet. The tech is extremely subtle, and without a solid grasp of theoretical code most of the breadcrumbs will go over a typical pajeet's head. There's also XSN's Lighting Network, which is deftly woven into his characterisation - his decentralized nature draws heavily from Satoshi Nakamoto literature, for instance. The hodlers understand this stuff; they have the intellectual capacity to truly appreciate the depths of these nodes, to realize that they're not just money makers- they say something deep about BRAP. As a consequence pajeets who dislike Stakenet truly ARE brainlets- of course they wouldn't appreciate, for instance, the implications in XSN's existencial catchphrase "Lightning Network Cross-Chain Atomic Swaps," which itself is a cryptic reference to Sergey's Russian epic Chainlink Whitepaper. I'm smirking right now just imagining one of those porn addicts simpletons scratching their heads in confusion as Draper's genius unfolds itself on their phone screens. What fools... how I pity them. And yes by the way, I DO have a Stakenet Masternode. And no, you cannot see it. It's for the trap's eyes only- And even they have to demonstrate that they're within 5 IQ points of my own (preferably lower) beforehand.

>>27227182
nice pasta

Am I too late to this?

>>27214425
Too much info. Why not do like LOKI, clear privacy focused profile. Easy to use, would save Trump from all his problems etc.

>>27226610
What layer 2 solution has Stakenet been developing for 3 years. Lightning network has nothing to do with Stakenet. Connext has nothing to do with Stakenet.

What have they been doing for 3 years?

>>27227404
>What have they been doing for 3 years?

Making FUDers seethe.

>>27227339
Nope, it will hit $1 once the DEX announcement releases sometime next month. You can decide to get out then, but I wouldn't recommend it.

>>27227404
Ask the devs for more specifics, not /biz/tards. DYOR

>>27227339
No you still have a chance to buy a XSN masternode at before $1. A masternode is a piece of real estate in digital decentralized economy that generates passive income for life. Since the network is alive forever, thats passive income for ever. You can pass it down to your children and grandchildren and they will pass it down.

>>27227404
Making both of them actually do a swap?

>>27227339
anything under $5 is still make it territory, under $1 is an asbolutely mythical level steal. Get 15,000 XSN for a masternode which will pay you 9 XSN for you every 30-35 hours. That's not even mentioning MasterNode DEX fees that you will be paid. I'm saving up to be able to set up a 2nd master node.

Get the fuck in with a MN asap.

https://streamable.com/codw1m

https://stakenetmasternodecalculator.web.app/

https://stakenet.info/

https://np.reddit.com/r/SatoshiStreetBets/comments/l8joip/moonshot_stakenetxsn_a_dex_with_interchain/

Okay, which one of you clicked the mu'h f'ckin' sad face on the XSN coingecko page today? Silly Goose, it must've been a misclick, nobody would honestly disapprove of XSN right?

>>27225195
because there is no real fud

Update in the closed beta.

>It’s happening
>Calculate your make it stack now

https://stakenetmasternodecalculator.web.app/

>>27228322
>Update in the closed beta.
Checked
>Update in the closed beta.
QRD?

I play powerline.io as a casual hobby alongside lurking /XSN/ & waiting patiently for my dexedrine prescription refill date, you chose anything as your nickname...I name myself something about Bitcoin, Crypto or XSN when I play in hopes of influencing some bored internet users into becoming new money for the crypto market, I will never know if it has ever made a difference in any way but I have nothing to lose.

>>27228322
Is this real? If so thats huge. Are you a whale? Please leave some breadcrumbs. I need to feed my family with alpha

>>27224956
>You can earn by being a OLP - orderbook liquidty provider
people won't download the client XSN to trade

do your job. scare them away
https://www.reddit.com/r/SatoshiStreetBets/comments/l8joip/moonshot_stakenetxsn_a_dex_with_interchain/

>>27228607
i have super lag on turning. takes like 3 blocks to turn and i cant instantly 180 and move directly next to my own tail.

>>27228845
I would say your average normie is much more comfortable downloading a one click install software, than figuring out wallet extensions, gas fees, risk of wrapped assets, and learning uniswap in general.

What a dumb argument to make, do you have any valid fud? Got buy orders waiting at $0.3

>>27228846
This post made me think...My fellow stakies, if anyone remembers the legendary early Chainlink threads 4 years ago, I think we could all benefit from fuel injecting XSN with summa dat meme magic during this phase to assist the imminent rocket launches coming our way.

Centralized shitcoin like all the other shitcoins, only difference is the massive jeez following it has.
well, they will ngmi

>>27227638
>>27227714
Fuccckkkk I'm so close to making it

>>27228845
Really? And they would buy ETH on binance, then send it to their metamask, then go to a dex when they already have a binance account? KEK

>>27229371
>cant form coherent sentences in english
>thinks his FUD is anything other than a bullish signal

thanks for the bump

>>27229361
remind them that the team has been market selling their MNs and laundering it into multiple Papa John's locations throughout southern Illinois

>>27229361
>>27229371
>>27229392
How is this centralized

>>27229623
you know who you're dealing with, right?

>>27229392
once you go XSN, you can never unsee how no other digital asset is even in remotely close territory to StakeNet. Welcome to our Shinkansen magnetic-train bound for make-it-ville, population: anons hodling/buying who have also flex sealed shut hands to make it physically difficult to execute just as insurance to prevent their future selves from selling even if they wanted to, which they would never want anyway.

>>27229573
>>27229623
looks like my post here >>27229361
has put our quietly lurking FUD pals in a bit of a panic frenzy so much as to clumsily reveal themselves, guess that was a whoopsie

>>27229771
HOLY SHIT thats ATL. I can feel the seething anger.

OK was too pussy in the posw days, how much is a masternode now?

>>27229950
15000xsn

>>27229977
Christ.

>>27229573
according to fotoforensics.com, this image has been tampered with in Photoshop or something, hmmm... fishy

>pic related

>>27230065
get in while you can

Last bump before bedtime. I dreamed stakenet was 65c last night, I expect nothing less than this when I wake up.

Haven't been into cryptos since we originally mined doge on /pol/ many years ago. Still possible to buy or mine something decent without providing some company with a fucking passport?

disclaimer : on stims at 5 AM bored at my desk, making OC

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>>27231111
welp, meme magic is real after all. kek has willed it.
Remember.... $100 EOY is FUD

>>27231111
checked.

>>27231071
it will be when stakenet DEX is released(before the end of march). It will change the game.

>no kyc, isntant, cheap, private, interchain trading for all

>>27231451
utopia if true

>>27230294
>hmmm... fishy
...sounds like Better Ingredients™ to me?

>>27231603
Stakenet is not just going to be a part of the golden bull run - it is going to facilitate it. It is literally the infrastructure that will host this massive emerging market.

>>27232045
don't you love how patiently, wisely and sneakily the team positions themselves and sets up a timeline to ensure success in their goals in a thorough and timely manner. It's as if they literally know the future and play their moves based on knowing what's going to happen and when.

Buy at least 1 MN now or get priced out

>>27231661
did you really think I wasn't going to call you out and hold you accountable for the misinformation and lies you are spreading.

>>27232045
True. Everyone wants what Stakenet is building, pretty much all in on this one

>>27232615
>for the misinformation and lies you are spreading
do you know what else is spread? pizza sauce
we got toppings.
we got sauce.
we certainly got cheese...

>>27233497
When they said masternodes would bring in the dough i had no idea this is what they had in mind....

>>27233534
so THAT'S where the dough has been hiding all this time
gettin real tired of flour

XSN DEX:

Always your keys, always your coin, always your money
Working with BTC / USDT to pull millions in usd through the network and generate rewards
Crosschain, no more wrapped btc, no yahoo btc. No barrier to entry for normies to pump your coin.
Any trade on the network generates staking rewards.
Auto staking just for owning the coins
Ultra-staking for masternodes
Swing trading? Instant trades, aggregated huge liquidity pools, no gas, less slippage, swings are profitable on 3% diff instead of 8%, less risk
Private trades, no kyc, trustless

>>27233844
checked.

>>27233534
1 node will be enough to quit working.
Let that sink in for a moment.

OK the project itself may have utility but why would the coin itself ever pass something like ETH and not XRP/LINK stagnant?

>>27234238
xrp is a shitcoin

LINK and ETH will go many multiples higher

so will XSN. difference is you can still get in on the ground level.

Can't wait to stop wage cucking

https://stakenetmasternodecalculator.web.app/wage

>>27234424
>https://stakenetmasternodecalculator.web.app/wage

we really are going to make it within just the next 6 months, and beyond that, skys the limit.

>>27216280
Whitebit.com works without a vpn for burgers up to 2 btc daily. You may use a vpn though. That one in Opera is built into the browser, like the other anon said

>>27218884
A masternode is 15k xsn and a few clicks. Having one you help hosting the dex. You will get paid for that via fees which will be taken on the dex. The bigger its daily volume, the more money you earn. It's already a nice sum for konservative numbers. There is a neat calculator for that here:

>stakenetmasternodecalculator.web.app/

>>27234514
I started with worst case, 10m a day.... and you can still make it. Fucking nuts.

never selling lol

>>27234606
How many nodes do you own?

>>27234574
Adding this to the brainlet explanation of the tokenomics, pic related

Oh and I forgot every trade on the dex has fees ofc, these will be used to market buy xsn to give to the holders and partially burn it. So there will be a constant buy preassure and starting from 35M upwards it will be deflationairy

>>27234940
working on my first one, wage cucking a bit every month.

What about you?

12 node chad here. Yes i am based. No im not selling.

>>27214425
a poor man's Blocknet

>>27235214
holy shit dude, you gonna be a king

anyone beat this?

>>27214604
>Facebook is a fork of react, which is a fork of JS, 18 year old tech
You’re a fucking retard if you think this. Facebook is not a fork of anything

>>27235487
>a poor man's Blocknet

>>>>27235507
Is this lifetime generated through staking?

not bad

>>27235985
MN rewards from the cloud. Had them for a while now without much downtime.

>>27236025
Not from the cloud, hosted through the cloud service.

>>27236886
Same shit.

>>27236911
Your rewards still come from the block rewards not from the cloud.

>>27236974
Semantics. The cloud hosts my MNs and tracks the rewards.

>>27237082
Yes. Also oh vey ((semantics))

>>27216304
this is literally the part of our timeline where we are phasing into the action saga of our make it story. how could you not be hype

>>27214425

Anyone else seeing that MASSIVE cup and handle on the all time chart? It will take this to $5 at least

>>27237767
Of course

long term cup and handle + exiting J curve = parabolic price ascension into make it heaven

>>27237767
I don't know about the MASSIVE cup and handle, but I can see another MASSIVE pattern forming. What is this pattern called?

its happening.

>>27235507
I've accumulated double that on my nodes

I’m a moonboi and I don’t understand the tech. Just tell me in relation to uniswap, how big this thing can get?

>>27238975
TEAM IS LIT

Why the fuck are my onchain channel fees posts deleted

>>27234135
>Let that sink in for a moment.
I'm trying. It's not sinking in

>>27239244
shit man, like getting BNB at cents

>>27239403
I did buy 300 BNB in 2017 so that fucking makes sense now thanks

>>27239079
far bigger than shitiswap ever could.

>>27239079
Double the marketcap of UNI, at the very least

it's fucking annoying that I bought just before the dump and that really left a sour taste so I ended up not accumulating at 20cents. Massive regret. I mean who the fuck dumped during bitfenix exchange going live? FUCKYOU

>>27239970
Yeah my average buy in is so high that I could've waited a month and had 4x as many MN. I feel you there but that was months ago.

>>27239970
somewhat same. but after a fomo at 56 cents i kept buying at 40 cents 34 cents and 27 cents.

>>27240198
I joined their discord and telegram and the fudders here are a fucking joke scam. Fucking hate reddit. There are some real scummy people here.

>>27217872
What is AMM?

>>27240435
https://medium.com/stakenet/stakenet-dex-multi-exchange-trades-7193243f0c13

>>27240290
true story. They were very welcoming and all my questions in Discord got answered in detail plus there is tons of interesting conversations going on

>>27239970
>>27240051
Many of us are the exact same. Spent my life savings on 2 masternodes, could've easily had 6 had I just waited a month.

>>27239079
Uniswap is gonna get absolutely rekt by Stakenet unless they quickly start focusing everything on Lightning network and Connext/Raiden. Once our DEX is made accessible enough and adoption by liquidity providers and users start picking up there won't be any need for Uniswap/any other first layer dexes anymore. Even if they do start focusing on catching up on those points they'll still lack vital parts of the infrastructure required to disrupt the whole ecosystem.

>>27242333
Checked

Same here. I spent more money buying this at +30c than when it was 10-15c. Could have had at least double my stack if I had timed it better and not fomo'd in when the price was going up.

>>27242718
It's a very fomoable project, for the better or worse. I basically knew that I had to get 1 masternode, no matter the fucking price. At that point I didn't care whether it'd dump afterwards or not. A week later I fomo'd in again when it was about to go up again.

>>27242911
I accumulated way back in 2018, holding 14 nodes, a bunch of link, BTC, and a few ETH (sold some during the peak).

Hope I'll truly make it in a few years, kek

kek you guys can now calculate the wagie equivalence on the rewards from your MNS


https://stakenetmasternodecalculator.web.app/wage

>>27242333
checked

You've still got 2 make it stacks, so ygmi pal

There is probably always a chance to get a better price, but this hasn't even started yet. In 6 months people will brag about catching the dipp to $6.4 after it hit $8.5

>>27243271
How have you not made it yet with that portfolio?!

>>27238975
Fud fud fud.

>>27242711
Don’t make me fomo more

>>27243383
This is amazing, based on the the Bob prophecy 1 MN is equivalent of 4 McWagey salaries. Making me $261 every single day.

>>27242711

Holy shit uniswap is worth 5B....and it’s pump because it a governance coin? That would be xsn at 50 bucks. 100x from here.

>>27244079

Check this out. XSN at same marketcap as Uniswap and doing the same volume.

>Holding UNI token earns you $0
>Holding 1 MN in XSN earns you $220k a year.
> x9.5 McWage salary.
Getting a MN is such a fucking no brainer at this point.

>>27243383
>>27244066
>>27244396
i completely disregard fees and the blockrewards alone are pretty nice at 2$

>>27242911

Will people adopt this dex?

>>27243383
i thought you need 7 MN for 1 free masternode per year but this shows at least 9 are required

>>27214425
nnnNNNOOOOOOOO ITS A DASH FORK
DRAPERS THE ONE WITH THE DIARRHEA DIAPER, NOT ME
PPPOOOOSSSSWWWWWW
SHUT. IT. DOWWWWWWN.

>>27242333
>>27239970
>>27240051
and I thought I was the only one
Bought very high but DCA helped
my average buy price is 20c

>>27242911

Well I guess even if it’s just a fraction of the market this will still be huge

>>27244396
Yes and an army of roaches dumping their rewards everyday lowering the price

>>27244563
Block rewards are in XSN, market rewards are in USD. So if XSN stays cheap and volume increases you earn more XSN per volume.

>>27244614
Fudders are you okay?

>>27244777
checked, and is it meme magic that when i larp as the fudder my tag is WAGEY SOYO?

>>27244664

True as with all masternode coins. Good point . I suppose with xsn however the utility would be the dex fees which counter act the deflation. Still very very very interesting if stakenet grabs just a bit of the daily dex volume. I saw a chart of dex volume of over the year and it’s amazing or fast it’s gone up. And uniswap valuation isn’t even based on fees!

Feels like this one has moon potential . Wish it was on Binance

>>27244555
yes.

someone show him the screenshot about the Bitfinex deal, I don't have it

>>27244664
>Will 'Dump' ( swapping XSN-BTC or XSN-USDT )
>Using Stakenet DEX
>WATS RONG WID DAT

>>27244752
Market rewards are actually in XSN as well, but that xsn is bought at market price so it evens out.

If the dex generates 1M in MN rewards every day, and if the price of xsn is $4, the network will market buy 1M xsn --> 250k xsn purchased per day, which is then distributed among the 'orderbook hosting' MNs.

But in the calculator that xsn value is converted BACK into usd at the same $4 rate, so it extracts it back to 1M

>>27244664
Fees to MN are paid in XSN and there is also 10% of fees burned in XSN. Even if everyone who got a reward one day dumped the next day it would only be 90% of what was distributed because of the 10% burned so buy pressure is always higher than the sell pressure from rewards no matter what. Plus the dumping would create more volume which means more fees so just keeps getting redistributed with 10% getting burned.

>>27244862
>>27244777
oh it is working. soya mcwage.
fu fudders
fu jannies

>MN owners will inherit the Earth.

>>27243383
this is beautiful

>>27244396
what i dont understand is that the fees should be very low. so how do we get so much money from them?
isnt the whole point that the fees are so low that everyone wants to use this.
so why do we get so much from fees?

>>27245014
>2021
>making it cause you know a guy who did more research than you
>throwing in 2k tomorrow anon bless

Did you guys see this?

https://www.reddit.com/r/SatoshiStreetBets/comments/l8joip/moonshot_stakenetxsn_a_dex_with_interchain/

>>27245555
Yeah the fees are 0.25% (no gas so that is ALL the fees), 45% of that gets distributed to MN owners. At 1B volume every day thats 2.5M in fees, so 1M to MN pool. So divide that by the number of active MNs and you still get a big number for each (and thats every day).

Keep in mind that JUST uniswap has 700m in daily volume, and a uniswap that doesn't involve gas fees will cannibalize that volume.

Additionally, uniswap doesn't even handle anything on the BTC chain (BTC-USDT being a huge % of total trading volume every day). And you can see why the volume can get very large on the Stakenet Dex

Right now to do any BTC - Tether trades, you HAVE to use a dex. And most people don't feel comfortable holding even 1 BTC on a CEX (not your keys not your coin), so a DEX that gives the opportunity to trade in the same way as a CEX (BTC - Tether in this case) where you get to KEEP your keys gives another reason that the dex volume will increase

>>27246191
Fuck.
>Right now to do any BTC - Tether trades, you HAVE to use a dex.

I mean "HAVE to use a CEX". BTC and Tether are on different chains, so

>>27226414


What fucktard made that long ass link

Fucking xsnmncalc.web.app works bro.

Doesn't need to be alinktocalculateyourstakenetxsnmasternoeerewardspayoutfuckyeah.web.app

not being invested in XSN at this point is just financial suicide. i mean, how much evidence do you need?

>>27246468
Lol I did, the final link will be stakenet.masternode.dev but the DNS is still propagating so for now we have to use the default firebase url that gets generated

>>27244894
>Binance
sooner than you think

>>27246191

Damn it if uniswap isn’t going to be taken over . Def picking up a bag thanks anon

>>27246871
why would binance every want this coin? it go's against their interests.

>>27247210
>Traffic goes to other exchanges and we become... obsolete.

>>27247210
Chinks can't afford to lose on the trading fees.

>>27246069
Wait, are the fees you're using the new fees or the older ones? Are you taking the liquidity providers fee into account on your website?

>>27245920

If I had DOGE I would fucking sell it if I’m trying to moonshot . Xsn is half its recent high of 80 cents . Crazy potential imo.

>>27243855
I mean, sorry. Don't fomo. But at the very least get a single masternode if you haven't already.

>>27247713
Binance is building an EVM compatible 'smart' chain. It's laughable to think that this chain, which can't run smart contracts will ever be able to compete. There are already layer 2 exchanges on Eth and that will only multiply in the near future. Stakenet is already obsolete. It's just another marketing scam.

>>27247749

Also I’m on biz to find a true fucking gem and all I ever see is LINK posts. Yes link is our coin I get it ... but I want an actual LOW MC coin.

>>27247962
Stakenet doesn't even try to run smart contracts on layer 1. That's retarded and 2019 tech. Noone does that anymore. Do you even know defi? Projects are leaving layer 1 in dozens every day.
Besides, Stakenet doesn't aim to run smartcontracts on their layer 1 chain, what you are trying to sell here. They run smart contracts on layer 2 via taproot/schnoor on Lightning and via Connext on ETH. And it's working for their purposes like the dex beta anyone in Discord can try, proves

YOu are right in one thing though and that's that there are already layer 2 eth exchanges and they will multiply. Yet there is none interconnecting them all with other chains like BTC or later on XMR. Stakenet is about interconnecting and bridging islands

>>27247962

Can you please list me all L2 DEXs? I would like to invest in all of them. Including stakenet since it will be crosschain. Are there DEXs that can do Cross chain right now?

What eth based L2 can bridge to BTC?

It’s about profit nothing personal. I own uniswap too

>>27247962
> Fails to understand onchain smart contracts are going to be a thing of the past as everything is moving to L2 so XSN not having L1 smart contracts is irrelevant

>>27247962
finally woke up

>>27247713
lol, hahaha... HAHHAHAHAHAH. CZ fucking knows what is awaiting him. Well well, we're coming for him. Can't fucking wait for his final submission.

>>27248409
This is some of the dumbest shit I've read. You can't put rollups on Stakenet for example because the chain is too limited. There is a reason why Syntetix was built on Eth because Synthetix is all smart contracts, so it has to use Optimism to scale and currently people are using it right now. You wouldn't know this though because you have your head stuck up your ass. How do you not know this is the question? Do you just throw money in every marketing scheme without surveying the market? Is that how you choose to invest?

Also, yeah, Eth will interconnect with Polkadot for example. But people will desire to go to Polkadot because there will be applications that run on Polkadot. Stakenet will never have applications because it's the same tech as BTC. Just like people don't use apps on BTC, people will never use apps on Stakenet because you can't build them. So what the fuck are you even talking about 'interconnecting' chains?

>>27248849
Your a dumb fucking retard aren't you. Why do you need to put rollups on Stakenet. You put them on Connext dumb fuck. Same as you put submarine swaps on Lightning Network.

>>27249390
>Your a dumb fucking retard aren't you.
i like XSN, but come on trannies.

>>27248450
lol yea I was thinking the same lmao

I'm amazed he still tries to make it all about smart contracts on layer 1 even though that stuff has been explained and disproven a thousand times lol

>>27249390
That's not how it works, but you know, I realize that the market is a game of the dumb vs the smart, so I'll just let you believe you know what you're talking about and stop replying to this thread.

>>27249390
mate, don't put any energy into this fudder. I realized it's not worth it. He still hasn't understood that Stakenet uses payment channels to scale instead of rollups lol. He can't be helped. I mean imagine writing like 50-80 fud posts per day about Stakenet and not knowing that rofl

>>27249692
But thats exactly how it works. Connext supports rollups so can be used for ETH/ERC20 on the DEX to get on/offchain fast and for tiny gas fees. Then once offchain zero gas fees.

>>27247962
>There are already layer 2 exchanges on Eth and that will only multiply in the near future.

Wait a minute so the fact that there multiple alternative L2 (token DEXs) on ETH....and that’s ok and fully legitimate in your book. But that there’s just one ETH BTC L2 Dex that Stakenet built and that’s somehow not ok?

Sounds like sour grapes.

>>27250646
>sounds like sour grapes
that's what it is

>>27214425
that pic literally is DNA without stage 3

>>27250339
No. Wrong. connext is not an app. Lol. Last. response.

>>27252001

It’s when you hate on something because you don’t have it.

>>27249542
its just lowkey shilling