Fantom staking

[Anonymous No.16745669]

The current staking on Opera is just the start.

Each client building on fantom will have its own mainnet and seperate nodes. There no way nodes will be 3.175m in the future. That will be millions of dollars. And the only way new client mainnets can attract nodes and stakers to secure their network is to buy from the market for reward pools. Then they have to match opera to get people to switch. Opera naturally comes down the more people stake. But the more mainnets the less FTM to go around. This naturally pushes the price up and creates a real market place for FTM.

Many fantom clients are building tech for governments, central banks and banks in the UAE, middle east, Europe, Asia and Africa. They will need to market make FTM to make sure to the token is useful for securing the network.

Or the alternative is CDST and a token burn but nobody wants CDST.

It's pretty much up to the token holders to vote what model they want by delegating on those networks.

Bad networks will die

[Anonymous No.16745681]

https://medium.com/fantomfoundation/fantom-archive-decrypting-the-fantom-mainnets-f3616a7d84e5

Source

[Anonymous No.16745752]

I should have said the community are more interested in opera staking than CDST at the moment. That can of course change but it's up to FTM holders

[Anonymous No.16745770]

>>16745669
If I stake this mil for a year I can prolly get a node. rewards are epic still

[Anonymous No.16745771]

You staking? What are the rewards like? How did you determine how much of your FTM to stake and which node(s) to stake on?

[Anonymous No.16745782]

>>16745669
>Many fantom clients are building tech for governments
tfw when there are no clients, kek

[Anonymous No.16745862]

>>16745669
scam

[Anonymous No.16745884]

>>16745771
This is the point. You need to educate yourself and be aware to compound your bags on different mainnets and nodes

[Anonymous No.16745907]

FTM is about to blow the fuck up.

Serious buisness fellow 4channelers, whales been playing with FTM the past few weeks accumulating..

every time i see a coin acting like FTM has been acting suddenly a big dick pump comes out of nowhere eventually.. i can smell it

[Anonymous No.16745920]

>>16745884
I guess I'm asking how I would go about determining which nodes to use. How do you know what the difference is between them? What makes it a good or bad node? From the tutorial it looks like they just show an address and a number marked Validating Power and they look like they're all about the same number.

[Anonymous No.16746007]

>>16745669
made like 35k fanties since i started staking
pretty comfy

[Anonymous No.16746022]

>>16746007
any advice? I'm mainly hung up on how much it matters or not when you're picking a node, what is the difference between them (different rates of reward, security, etc). I just don't know where to even start looking for that info

[Anonymous No.16746035]

>>16746022
just wait for the wallets on the 7th
i don't think the details are available yet. they need to update the explorer

[Anonymous No.16746043]

>>16746035
word, I was planning on waiting for the wallet, just want to aware myself of the current methods in case the wallet is delayed significantly

[Anonymous No.16746059]

this is something i guess

[Anonymous No.16746060]

>>16746035
u think it finna pop?

[Anonymous No.16746094]

>>16746060
one of the best projects. if this can't pop then nothing will

[Anonymous No.16746114]

>>16745920
I think this needs work on opera. At the moment not all nodes are public but some are active in telegram and can give you stats.

[Anonymous No.16746140]

>>16745669
Fuck of scammers.

[Anonymous No.16746147]

>>16746140
he like being poor..

[Anonymous No.16746174]

>>16746140
Assets secured on chain by govs and banks will determine that

[Anonymous No.16746181]

>>16746140

You do realize FTM hasn't really been pumped yet right?
kek go buy your chainlink you gon make it 2020

[Anonymous No.16746806]

>>16746140
He doesn't know kek

[Anonymous No.16747477]

>>16745669
Anyone "investing" in Fantom deserves to lose his money. This is an OBVIOUS scam and Ponzi scheme. Fantom chink team exit scammed long time ago. Scammer Andy replaced them with Russian temp devs so the scammers would still have some kind of "product" and "devolopment" in order to dump on low IQ investors. Fantom promised a 300K dag with smart contracts. Everyone with tech insight knew that was impossible due to the rubbish tech solutions in the white paper.
Here:
>>16669074
>>16669095

So when Fantom scammers delivered their utter garbage product, a fork of Ethereum Virtual Machine with some dag like garbage on top of it, even the most deluded Fantom bagholders would normally have seen something was wrong and start to dump. What the Fantom scammer team did to prolong the scam was to introduce a classic Ponzi scheme with absurd ROI that is unsustainable.
>>16683035
But they don't care about that, as it all is designed to attract short term money so they can dump for a couple of months and then complete the exit scam. There is no working product, the "partnerships" are either paid for, mostly in corrupt third world countries or just fabrications. Bitconnect also faked a partnership with Visa, paid for partnership and positive editorials. Fantom is doing the same thing. Their tech is utter shit and there will be no magical "packaging" of transactions, insane claim, so Fantom suddenly and magickaly can get high TPS. This is the sad reality:
>>16676689

Michael Chen did a similar scam earlier on, as a warning for everyone to see. This Fantom scam is just as obvious as Bitconnect were. Here:
>>16683240

More about why Fantom is a scam here:
>>16673775

Just look at how these scammers operate, it can't get any clearer than this:
>>16683035

[Anonymous No.16747492]

>>16745907
so you can smell big dicks?

[Anonymous No.16747498]

>>16747492

[Anonymous No.16747531]

>>16745669
>PONZI SCAM

FUCK YOU

[Anonymous No.16747547]

>>16747477
It's a working PoS EVM network. There is nothing scammy about that poorfag.

[Anonymous No.16747594]

>>16745669
are stakin rewards the same on all mainnets? i have about 250k, should i be staking? i'm just afraid that when the price spikes i won't be able to withdraw my staked ftm and sell quick enough.

anyone have a link to a staking guide for ftm?

[Anonymous No.16747608]

>>16747547
You promised ICO investors the world's most advanced dag with 300 000 tps and smart contracts, what you gave them was 18 tps and a badly forked Ethereum Virtual Machine. You still ramble on about dag, smart contracts etc on your Telegram groups, internet sites, infographics etc. Total scam. Pre-sale and ICO whales are preparing class action lawsuit.

[Anonymous No.16747628]

>>16747594
https://medium.com/fantomfoundation/ftm-opera-delegation-via-mew-15e5302e9fa

https://www.youtube.com/watch?v=3CEt0tKJJts&feature=emb_logo

[Anonymous No.16747631]

>>16747608
ignore this moron, he spams every ftm thread since the beginning because he's a salty DAG investor. always claiming low tps and other metrics he never provides proof for.

[Anonymous No.16747659]

>>16747631
>always claiming low tps and other metrics he never provides proof for.
From your own github.
>>16676689

[Anonymous No.16747667]

>>16747631
>he's a salty DAG investor.
Salty? I recommended DAG early this summer, before DAG did a 10x.

[Anonymous No.16747669]

>>16747659
so you intentionally lied. you claimed the tps was 18, but that's only the case if they're literally under attack. fucking yikes at your level of fud desperation, it's not too late to go all in Rahjeev.

[Anonymous No.16747694]

>>16747669
>literally under attack. fucking
Rubbish, nothing about being under attack. Are you high? Thanks to the insanely bad design and structure, with more nodes tps goes significantly down.

[Anonymous No.16747734]

>>16747628
cool cool, thanks for the link. i'm just concerned with how quickly i could get my funds out of staking if i ever needed to. i saw something on discord about the total amount staked being 80% which decreases 1% weekly and that's just confusing af lol.

[Anonymous No.16747817]

>>16747477
>Scammer Andy replaced them with Russian temp devs

got this far kek

is this denny daggins I hear about in telegram?

[Anonymous No.16747820]

>>16747734
no idea about how quickly you can get it out in terms of like minutes/hours. But there is a 6 month lock in period. You can still take them out at any time but you forfeit your rewards if you do it early. To my understanding

[Anonymous No.16748119]

>>16747820
How the fuck do you take them out. I didn’t stake the right amount and need to redo

[Anonymous No.16748133]

>>16748119
IDK, i've been reading up on it the last couple days, haven't actually staked anything yet. I'm probably just gonna wait till the 7th

[Anonymous No.16748900]

>>16747817
Denny Dagins is a paid troll, personally compensated by the DAG CEO Ben Jorgensen. He pays him in DAG so it just makes him more rabid.
He is paid to come to biz, twitter, and reddit to promote DAG and FUD other coins. He is seriously mentally ill and sucks dicks to make ends meet. DAG is way down right now, you can bet Denny has a mouthful of indian jizz right now.
Dont feel bad, he loves the routine.

[Anonymous No.16749320]

You get a lot of hate ftm schizo, but I know you're just doing this because you want to keep the low iq people out of ftm so you only have to hang out with the intelligent ones at the ftm bbq. Are you Edmund by chance?

[Anonymous No.16749638]

>>16749320
>Edmund by chance?
it's not him. edmund is a harmony shill and he hates vitalik. he wouldn't be shilling eth, mtv and dag

-case

[Anonymous No.16749911]

>>16748119
Make a new address, send the rest to it and stake it. You can only stake once per address with a validator, you have to undelegate to take them our which has a 7 day withdrawal period and your rewards are burned.

[Anonymous No.16750100]

>>16749911
Out of curiosity how would one go about the process of undelegating

[Anonymous No.16750145]

>>16750100
pretty sure there is an undelegate option in MEW if you follow Andre's article. Just wait for point and click wallet staking on the 7th.

[Anonymous No.16750671]

Edmund, denny, case whoever gtfo with ico graphics fud. Irrelevant here. I want to have a grown up talk about different mainnets and the price upwards pressure on the token price

[Anonymous No.16750746]

>>16746059
See Vietnam has been on there for a hot minute on the github screen shot and I am not entirely sure but it had significantly less then where it’s at now. Also Vietnam using fantom hasn’t even been announced, imagine what else could be under wraps. Can’t fucking wait. The fact that people don’t think this will hit $100 is beyond me.

[Anonymous No.16750747]

>>16745907
Your not alone. I can literally smell the money

[Anonymous No.16750795]

>>16750747
Can’t fucking wait

[Anonymous No.16750898]

Just bought 30k more

[Anonymous No.16751205]

>>16748900
>Denny Dagins is a paid troll, personally compensated by the DAG CEO Ben Jorgensen. He pays him in DAG so it just makes him more rabid.
The insanity of you scamming idiots.

[Anonymous No.16751346]

So many ppl will burn on this chink scam.

[Anonymous No.16751379]

>>16751346
No Chinese mainnets as far as I know. Just Europe, Africa, UAE, Korea, Asia

Or are you talking about BRICS?

[Anonymous No.16752153]

>>16751346
I'm so glad I got out of this shit and into a western style project (FRM)

[Anonymous No.16752239]

>>16750671
i only fud fantom by pretending to be an indian investor who speaks broken english

-case

[Anonymous No.16752246]

Jesus according to this I can get 100% annual returns on staking FTM.

[Anonymous No.16752310]

>>16752153

[Anonymous No.16752330]