/biz/ - Business & Finance

Does anyone have a link of the top wallets for LTO? I want to know where I stand.

>>27668347
don’t have the link but yesterday 56k and above were the top 200

BROS IT'S PUMPING

Previous thread: >>27635273

>>27668488
Checked. Jesus. That's crazy. I just bought 25k. Am I unironically early to the party for once?

breaking ATH soon bros?

>>27669067
soon brother

just added 17k LTO to my stack, sitting at almost 30k now. leasing to the /biz/ node. I'm ecstatic to actually be super early for once. I'll see you guys on my yacht in 10 years

>>27668641
i ironically yes. i feel the same way which makes me nervous. hopefully i don’t fuck it up like with link

>>27669067
I'm right there with ya bro. Bought 5k for the GF too. Still a bit uneasy about leasing though...don't like they it isn't linked to my hardware wallet.

>>27670049
>>27670025

>>27668347
https://lto.tools/lpos/

This also gives you tx number by day in the 'transactions tab

>>27670025
unironically*

>>27670103
That can't be real...I mean obviously that doesn't include LTO treasury tokens, but am I missing something here?

El Tio wills it
>>27666555

Tell me about leasing

>>27670299
Shit sorry, go to 'balances' tab on that site. That link was the nodes/leasing page

>>27668488
no way 56k lto=top 200. what kind of poorfaggotry is that?

>>27670319
its like staking and you get 6% apy afaik

>>27670381
No, I know. I was on the balances page. No way I'm a top 100 whale. No way. Does that page take every type of wallet into account?

>>27670393
Mm the 200 wallet is 128k

>>27670409
Seems decent
What are the risks?

Eminent Domain

>>27670514
Not if you hold on binance. Then your coins would be part of #3 wallet. How much you have??

>>27670522
Oh, right I read that wrong. Missed a decimal. That makes more sense.

>>27670529
Virtually no risk. you can lease your lto to /ournode/ which gives you highest returns and the coins don’t leave your wallet

>>27670610
>>27670623
No, I was a retard, I read it wrong. I have 36k, roughly.

>>27670583
Now that the price is doing something this is the best fud they can come up with. You had weeks to buy in low nigger

>>27670682
Is there a way to link my Ledger to the node?

>>27670393
Its top 450, that link was broken down by node. Here is the rich list: https://lto.tools/balances/
Binance's wallet is 52.5 million, so surely a number of people are holding over 50k on there

>>27670793
I think you have to use LTOs wallet to lease but perhaps smarter anons know

>>27668488
lol so I might be in the top 100. I think I'm going to make it big atlast

>>27670908
Does LTO storage on hardware wallets show up on that list? Or is it just wallets @ https://wallet.lto.network/?

>>27670768
BTC ratio bouncing from 500-600s is up? Everything is up retard

>>27670793
Nah LTO web wallet only at this stage

>>27671145
Don't be salty pajeet, you still have time to board

>>27671167
Ah okay, still, not bad though, since there is an instinctive for LTO to be staked. Gives me a frame of references that indicates to me that I'm very, very early on this one -- given that my estimate of the fundamentals is generally correct.

>>27670908
oh nice I'm at 283

>>27671358
incentive* fuck I'm retarded

someone fud this

Ha,im in the top 200, feels good Anons.

>>27671762
Literally unfuddable

>>27672610
Arbitrary fees and burn rates. There is no inherent calculation that scales fees and burn rate to transaction volume. The tokenomics need work. At the moment, it’s just a token burn scheme to pump the price for early adopters.

>>27672848
Nigger gobble-dee-gook trash fud

Staking a stacklet. Feels good.

>>27671125
ERC20 token balances don't appear on that list, that's only for mainnet addresses (though it doesn't matter if it's held in a hardware wallet or no, all details about the address are always on the chain.)

I'm assuming you are referring to the Eth token since don't think any hardware wallets support LTO mainnet, though there is an unofficial one for ledger.

But you should be using mainnet if you want to stake!

>>27672929
Refute me. I’ve been studying it. Had tokens then sold due to this fundamental tokenomics issue. I assume that’s why it hasn’t taken off yet. Smart money knows it’s not a smart investment.

>>27672848
Fees can always be adjusted with a vote, and with a big price increase, it might be necessary.

Also, why should fees scale with volume? People bitch non-stop about Ethereum's gas fees. So it's either that or or a fixed price.

What work is there to be done to the tokenomics? Returning a fee to stakers isn't really seen anywhere, and is one of the fundamental draws to the network

>>27674332
i’m pretty sure they have bigger concerns than a fee equation right now. said equation depends highly on world clients and their negotiations with them, once that happens a tighter fee thesis will come into fruition. it would be impossible to come up with an appropriate linear fee calculation right now because there’s no telling where LTO will stabilize (although the blog has said that they prefer it to be >50 billion cap to avoid manipulation and volatility).

>>27674628
The problem is the fees are incurred by the person transacting. The valuation will not scale with the fees and relies on stakers to determine what is fair rather than baking it into the protocol. It’s sloppy work.

>>27674876
Not if volume is used to determine fee size. Increased volume = lower fees which incentivized adoption and client on boarding. It’s that simple.

>>27672848
Oh wow you're still trying. How cute

>>27675032
>doesn’t give a real response because he probably doesn’t understand the difference between good and bad tokenomics
Ngmi

>>27674926
Give the network the to mature and respond to clients reactions to price movements. Right now we have still seen steady growth in txs even with a price climb. The team will relay to the nodes how the clients feel about tx fees. Stakers aren't going to keep it high if it causes a huge drop in transactions.

>>27675012
where did you read they were basing the fee on volume amount? genuine question, really haven’t looked to much into it

>>27675334
The problem is that they aren’t. Price = demand = volume = fees. It’s the perfect scaling solution, but for some reason they are using a flat rate to serve as a supply burn to reward early adopters and close the door on the ark so to speak. Shady and inorganic.

https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/

>>27675096
I mean either you're obsessed with a coin you don't own, or you're trying to fud 5 4chan autists to bring the price down a bit for a better entry. Either way it's pretty sad anon. You know the end goal of this project addresses your "concern" anyway right? You have read a few LTO threads before right?

>>27675464
Irrelevant. It should be pegged to volume of transactions in the network. The euro answer is hand wavey and doesn’t solve the problem.

>>27675534
What would be a comparable project that does it that way?

>>27675476
>2 more weeks
Maybe it’ll launch after ETH 2.0? Business is fickle. The LTO of today is the VIDT of tomorrow.

>>27675598
Fee scaling is literally everywhere in crypto. How new are you?

someone tell me where to buy this in usa i have 25k to invest

>>27675882
Only uniswap for burgers atm unfortunately. Binance for the rest of us

Someone explain to me why this is a likely 2x

>>27676102
fucking hate it here

>>27676102
burger here, I just use a VPN for binance

>>27676131
Because clients and transactions will keep growing. And staking comes entirely from the transaction fees. Current APY is 7%, but that will grow as transactions grow. Meaning more people will want to stake. Meaning more buying and less selling

>>27675415
i wouldn’t call it shady. i mentioned earlier in my other post that they are trying to stabilize the LTO market and avoid manipulation/volatility by increasing the market cap to ~50bn+. the fixed fee is probably how they figure they could drive the cap to that number. so in a way, yes, i think the “closing the door on the ark” is a valid feeling because they want to reward early adopters and stakers at the same time stabilizing the token for a more seamless business experience

As a reward for our offerings to El Tio, he has blessed us with a pump

Remember to continue consuming cigs, booze, and coke in his name

>>27668586
Oh hey that's my post you're linking to.

Looks like my FOMO today payed off lads, got in .22 exactly
>>27627027
>>27633219

>>27676972
Thought I'd keep it alive, that was a based thread

>>27677050
Yes, very. I unironically bookmarked it.

It actually triggered my FOMO and made me go over the percentage of savings I meant to invest in crypto which hasn't happened in a long time.

Just leased 35k LTO to /ournode/

>>27678254
https://xeno.finance/

>>27678254
>>27678545
/biz/ node booms to the top 5

>>27676102
Im a burger and uniswap looks like imposterware

>>27676732
Based

>>27679723
im trying to test sending from metamask to lto wallet/ get more lto but the gas fees are fucked right now

WHAT THE FUCK NO CHEAPIES AGAIN??
GIVE ME SOMETHIGN TO FUCKING BUY
ONLY $POOLZ CAN GIVE ME CASH NOW WTF
WTF IS GOING WITH OTHER ALTS?!?!?

>>27676102
>>27679723

I'm from Serbia which is one of the blacklisted countries on Binance. I got my LTO from Bitmax.

>>27679723
the contract metamask links to is the same that the lto website links to through coinmarketcap

>>27679723
wut