[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 546 KB, 2226x1386, Screen Shot 2020-08-03 at 11.22.49 AM.png [View same] [iqdb] [saucenao] [google]
20955270 No.20955270 [Reply] [Original]

You probably don't deserve this but here it is anyways. I'm calling a 20X on this one. Market cap ~700K.

Offshift is a cryptographically private offshore storage & DeFi protocol on Ethereum, and the first dual-sided public/private protocol to be built entirely on a public blockchain.

XFT – a public, tradeable ERC20 token, and zkAssets – private, stable-valued zkERC tokens (initially the dollar-pegged zkUSD)

A two-way bridge architecture connects the public and private sides of the ecosystem, allowing value to flow freely from side to side. An incentive model constructed to encourage storage on the private side (through staking returns) simultaneously incentivises token ownership on the public side as the tradeable supply of XFT decreases.

Offshift is the first protocol to adequately incentivise both speculation and use as a currency for value storage or private spending.

https://app.uniswap.org/#/swap?inputCurrency=0xabe580e7ee158da464b51ee1a83ac0289622e6be

https://offshift.io/

https://medium.com/@offshift/xft-token-sale-complete-now-trading-on-uniswap-6a90d6444d7d

>> No.20955479
File: 129 KB, 1490x1112, Screen Shot 2020-08-03 at 11.30.19 AM.png [View same] [iqdb] [saucenao] [google]
20955479

zkAssets are an implementation of EIP #1724, “zkERC20: Confidential Token Standard.”17 Offshift uses zeroknowledge proofs to keep ownership values and the values of transfers encrypted and confidential. Through a mint-and-burn mechanism, zkAssets are (and can only be) created when XFT are burned. For every 1 USD in XFT sent to the burn address, 1 zkUSD is minted and sent to an output address provided by the sender. XFT per zkUSD, zkETH and zkBTC conversion rate is determined via decentralised price oracle. The zkAsset pegs are supported by their ability, at any time, to be redeemed for their equivalent value in XFT through mint-and-burn. Additionally, the pegs are supported by the existence of a liquid XFT market in each pair, so that converting from (for instance) zkETH to XFT, then selling XFT to ETH is practical.

>> No.20955643

seems legit considering this place has been full of scams lately... going to my watchlist

>> No.20955797

inminent moon mission

>> No.20955802

Make sense to me

>> No.20956070

>>20955270
etherscan link?

>> No.20956190

>>20956070

offshift protocol lets you hedge into almost ANY stablecoin asset PRIVATELY. provide liquidity for ez slippage fees. This one is a moonshot.


https://etherscan.io/address/0xabe580e7ee158da464b51ee1a83ac0289622e6be

>> No.20956237

>>20955270
SCAM
DO NOT BUY

>> No.20956342

>>20956237
Why is it a scam?

>> No.20956458

>>20956342
the devs are dumping
>https://etherscan.io/address/0x5da487ea7278e25288fd4f0f9243e3fa61bc7443
have fun wtih this scams

>> No.20956894

Why wouldnt I just use ampleforth?
its always priced to a usd
if i buy amp now when demand increases later on the network will multiply my wallet balance while at the same time fighting to make sure my 10amp pizza will always cost 10amps

>> No.20957031

>>20956458
The devs can't dump on uniswap you retard

LMAO

>> No.20957136
File: 58 KB, 860x666, 296-2965414_80kib-645x729-bottomless-pit-head-meme-hd-png.png [View same] [iqdb] [saucenao] [google]
20957136

>>20956894
>Why wouldnt I just use ampleforth?
privacy you low iq monkey

>> No.20957243
File: 33 KB, 375x408, 1594549123944.jpg [View same] [iqdb] [saucenao] [google]
20957243

>>20955270
peepee poopoo

peepee poopoo

>> No.20957258

>>20957136
And he just compared a $700k marketcap to a $370m without realizing how that in itself is a reason to buy.

>> No.20957405

I bought, here we go again anon

>> No.20957827

is it good

>> No.20958102

hard to believe this is only 700k mcap - what's the catch?

>> No.20958289

>>20958102
What do you mean by a catch? The coin was listed 2-3 hours ago.

>> No.20958348
File: 430 KB, 2386x946, Screen Shot 2020-08-03 at 12.53.20 PM.png [View same] [iqdb] [saucenao] [google]
20958348

>>20958102

the catch is that you are too fucking early... before coingecko, CMC, twitter....

this will 10X if you wait a few weeks...

this is insane... better than 99% of the garbage shitcoins on uniswap...

>> No.20958388

>>20955270
>no mention of team members
Sorry but I have to assume this is a Nigerian scam.