I did the math on XSN

[Anonymous No.21058116]

So I am Korean and that means I’m a genius at math. I used my big math brain to run some interesting numbers on XSN to see if the tokenomics stack up. Key takeaways are:

> Over 80% of the total supply is in Masternodes or Staking
> Roughly 5% of supply is locked up in Cryptopia
> The team probably hold around 10% of total supply
> This would only leave 5% of the total supply possibly for sale on exchanges which is incredibly low for a crypto project.
> Inflation is less than 10% already and decreases everyday as a % against supply.
> As far as I know all trading fees as converted to XSN and then distributed to either MN owners or burned.
> Ever $1M worth of trading creates $2500 worth of buy pressure on XSN converting assets into XSN
> $2250 would be distributed to MNs
> $250 would be burned
> At current price the DEX would only need to $35M in volume to be burning more XSN than is created daily

I’m pretty impressed with how well thought out this all is as through the DEX XSN has natural buy pressure which will force the price up and through the burning they can actually decrease supply which adds another mechanism to put pressure on increasing the price. If the DEX does anywhere near $50M volume which is a very low estimate for the current market it will be very profitable for XSN holders, at $100M+ daily volume things get very crazy

[Anonymous No.21058248]

>>21058116
> As far as I know all trading fees as converted to XSN and then distributed to either MN owners or burned.

Not just the trading fees. Any payment in any currency on the dex will cause an automated market buy of XSN

[Anonymous No.21058335]

>>21058248
That’s what mean so at bare value figures that I have based on DEX and block rewards alone give XSN incredible tokenomics

[Anonymous No.21058640]

All you've said is true.

But are you good at Starcraft

[Anonymous No.21058727]

not pumping your bags sry

[Anonymous No.21058747]

I need 1 MN to make $500/month to cover my basic expenses, how much does 1 XSN have to be worth roughly for that?

[Anonymous No.21058889]

>>21058747
$2.80 XSN with the current MN count would make you $500 a month from a single MN just on block rewards alone. DEX fees going to your MN would reduce the price needed to hit your $500 target. Basically MN would need to make you $16.43 a day between block rewards and DEX fees

[Anonymous No.21058892]

>>21058747
answer me right fucking now

[Anonymous No.21058918]

>>21058889
ok thanks anon, $2.8 seems very achievable actually

[Anonymous No.21059506]

>>21058918
It really is considering what is being offered and the automatic buy pressure that will be created from the DEX

[Anonymous No.21059782]

>>21058640
Yes I’m better at Starcraft than math

[Anonymous No.21059884]

>>21058116
Thank you based Korean poster my dick is hands free cumming as I type this
>3 mn wagie reporting

[Anonymous No.21059926]

>>21059782
Prove it and 1v1 me. I used to almost be grandmaster. 500 XSN for the winner

[Anonymous No.21060008]

Next year, 1 xsn=100$

[Anonymous No.21060051]

Is it safe to keep the coins on stakenets cloud?

[Anonymous No.21060108]

I'm making $500 a day on rmpl thx anon

[Anonymous No.21060133]

And despite all OP just mentioned, people still complain about its now becoming expensive getting in.
But people don't realize XSN was more expensive the day it got listed here on CMC and with zero product.
Now it has a Dex coming among many many other cool features and the Dex is ahead of anything we see on the market right now.

I have to laugh at these people... Hahahahahahaha.... Wait.. Need to breathe... Hahahahhahahaa

[Anonymous No.21060181]

>>21058116
keep in mind market buy of xsn for all trades isn't the case for the phase 1 release, this is the goal/planned state for phase 2-3 release.

Also, trading fees/market buy rates are subject to change, and not all trade events would necessarily cause market buy of xsn, especially once CCPoS is in place.

the only thing we're guaranteed of in phase 1 is the 10% buy and burn. the rest of trading fees could be used to market buy xsn, but will not necessarily be used for that purpose.

regardless, still long term bullish for xsn. they're innovating and building a functional use case and product with integrated tokenomics to support the holders and node operators. this is a solid project with long term staying potential.

[Anonymous No.21060316]

>>21058116
DELETE THIS

[Anonymous No.21060547]

>>21060316
S O U N D S L I K E C O P E

[Anonymous No.21060579]

>>21058116
Cheers fren. We made it

[Anonymous No.21060597]

>>21058116

Nooooo they're starting to get it

[Anonymous No.21060634]

>>21058116
>So I am Korean
Stopped reading right there. PnD confirmed.

[Anonymous No.21060664]

Middle man token not needed.

Base denominate.

[Anonymous No.21060738]

>>21058116
I wonder what early linker and early eth investors think of stakenet. Any of you in this thread to give us your thoughts?

[Anonymous No.21060769]

I am friends with one early eth whale that is now an XSN whale.

[Anonymous No.21060824]

>>21060769
What made him invest in xsn?

[Anonymous No.21061037]

>>21060634
kek

[Anonymous No.21061100]

>>21060824
above 80 IQ

[Anonymous No.21061170]

>>21061100
kekked and checked

[Anonymous No.21061205]

>>21061100
LOL

[Anonymous No.21061270]

>>21061100
Checked

[Anonymous No.21061712]

Delete This.

[Anonymous No.21061886]

I'm gonna sell my bnt for xsn and get a mn quickly. I can't miss this.

[Anonymous No.21061954]

>>21061886
It's 5k for a MN now, way too expensive. w8 a few days for a imminent drop.

[Anonymous No.21062206]

Delet this and delete that pic and you’ll walk free.

[Anonymous No.21062311]

>>21061712
kek

[Anonymous No.21062461]

>>21058116
Is this how the Stakenet Aggregator works? Except Stakenet can connect to any DEX & CEX?

[Anonymous No.21062519]

>>21062461
Pretty much

[Anonymous No.21062676]

>>21060738
I invested $20000 when eth was $4.

>all in

[Anonymous No.21062815]

>>21062461
I pity all of these one trick ponys

[Anonymous No.21063102]

>>21061954
>>21061886
Wait few days and it's 5k Sat

[Anonymous No.21063844]

Ok. I am ready to quit my job

[Anonymous No.21064393]

>>21058116
how much to make it? where do i store it?

[Anonymous No.21064673]

XSN has been listed on Beaxy and they are matching deposits up to $500. You deposit $500 of XSN and they give you $500 USDC to trade with as a bonus

[Anonymous No.21065014]

I literally bought XSN because of the screencap with quints saying 100 2021

[Anonymous No.21065047]

XSN deposits on Beaxy not open yet, I just tried.

[Anonymous No.21065096]

>>21065047
you already did kyc?

[Anonymous No.21065158]

>>21065047
beaxy slow AF rn

[Anonymous No.21065354]

>>21060664
Yep, you don't need it to use the DEX

[Anonymous No.21065491]

>>21060738
they bought a while ago. some of them were FUDing in July until now because August is when everything will get rolling. Just announced for trading on Beaxy, DEX release scheduled for this month, new features being added, Raiden closer than expected, etc. We're booming

[Anonymous No.21066158]

>>21064673
Mandatory KYC.

[Anonymous No.21066258]

Go to livecoin.net, no KYC.

[Anonymous No.21067202]

>>21064673
wtf is this real? Why would any exchange do this?
seems sketch....

[Anonymous No.21067241]

>>21066158
Beaxy is a burger exchange so fully regulated in the US. Does have easy fiat ramps though so can buy/sell XSN easy now.

[Anonymous No.21067354]

>>21067202
Theres always a catch desu

[Anonymous No.21067911]

>>21067354
It’s like a $500 loan. If you use it to buy ETH and ETH does a x5 and you sell you have $2500. Pay the $500 back to Beaxy and you keep the $2000 profit

[Anonymous No.21068937]

>>21058116
I have one masternode, are you saying I'll be getting $500/month when XSN reaches $2.80?

[Anonymous No.21068999]

>>21067911
loans are a smart play right now. you will easily make it back if you buy precious metals or a select few cryptos, which XSN is in the elite group

[Anonymous No.21069383]

>>21062461
in a sense. it optimizes for price obviously, and it's off chain instead of on chain (like 1inch).

[Anonymous No.21069537]

Went through all the markets on beaxy and saw no xsn... am I retarded or missing something?

[Anonymous No.21069604]

>>21069537
https://exchange.beaxy.com/pair=XSNBTC?pair=XSNBTC&tid=1596731783671

[Anonymous No.21069724]

How many people going to use that $500 deposit bonus to buy XSN? That alone might cause another pump if orderbook is thin

[Anonymous No.21069978]

>>21069724
why even offer that though? how many MNs does Beaxy have? that might answer the first question

[Anonymous No.21070047]

>>21062461

[Anonymous No.21070104]

guys i am korean

[Anonymous No.21070150]

Bunch of redditors tried to force it as /ourcoin/, during the PoSW ico phase of XSN there was a minimum requirement of 5 000 000 PoSW to enter the presale, which immediately following the exit scam got converted to XSN. Bunch of redditors from /r/AntifascistsofReddit pooled together their remaining XSN with the intent to dump it on their archenemies – the Bizraelis.

The coin continued to get shilled and pumped up and hyped for the beta dex release event. The stakenet team had a presentation in a room of like 14 people, and according to the one bizanon attending, Lorelei from Holochain was present and supposedely gave out millions of XSN coins to anybody willing to give her a foot rub. Several of the incels attending gave in, effectively placing them all amongst the top 50 XSN holders. Go ahead and check the explorer for yourself if you don’t believe me, they all received their coins on the exact same day from the same exact address. You think these simps are going to hodl for long? They are already siphoning their coins to BTC on the livecoin scam exchange. Again, all of this can be confirmed on the explorer by anybody with a keen eye for details, like myself.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who got their coins for free, creating an artificially lower supply (a lot like LINK) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to the actual project that Stakenet is aiming to achieve it's nothing more than a dollar store uniswap dapp for grandpa coins like BTC and LTC. infact it already exists within uniswaps tokenized coins wBTC/wLTC, literally making stakenets whole concept pointless. You're literally just buying a roadmap, they have only 2 developers with no proven background on either, in fact yankee Ruin X was previously the social media manager at XBY where he got caught swingtrading while manipulating the market with fake twitter news

[Anonymous No.21070451]

>>21069978
To attract users to start using the exchange.

[Anonymous No.21070487]

>>21070150

And skadoosh in with the copy paste fuddd.

How does it feel that we pumped and you failed? Obsess some more maybe? :p

[Anonymous No.21070488]

>>21070150
TLDR

>I got priced out

[Anonymous No.21070735]

how is the trading fee percentage gonna work out though. say there's 1M volume and thus 'x' amount of fees. these fees are then auto converted into xsn via atomic swaps or what? how the fuck is it working.

then, after all the trading fees are converted into xsn. 10% of that is used to buy back from the dex? how can it buy xsn for xsn. the trading fee has to be in btc right? then the contract can buy xsn for btc and burn it.

what happens if/when the dex tried to buy back more xsn that's available for sale? i'm not understanding how the fee mechanism is working on this. the block rewards i understand

[Anonymous No.21071218]

>>21070735
ALL TRADING FEES ARE CONVERTED TO XSN DURING THE TRADE BY BUYING XSN FROM THE DEX. How hard is that to understand? Then it is distribute 90% to MNs 10% burned

[Anonymous No.21071413]

>>21070150
Hahahahahahahahahha chain link copypasta!!!

EXPOSED, check the date in pic related

[Anonymous No.21071638]

>>21071413
g-guys p-please
pay 4500 dollars for something i got for free

[Anonymous No.21071672]

RE: what happens if/when the dex tried to buy back more xsn that's available for sale?

The VORTEX aggregator will look at all exchanges selling XSN for the best deal. It's very unlikely none of those will have any XSN for sale.

[Anonymous No.21071800]

>>21071672
If there was a situation where the only XSN for sale on the DEX was at $1M each then the DEX would buy it and someone would be very lucky

[Anonymous No.21071846]

>>21071638
>Implies willing to sell instead of collecting my rewards

Hahahahahahahahahha....


*Deep breath

Ahahahahahahahhahahaha

[Anonymous No.21072079]

>>21071846
Mmmmmmmmmm HAAAAAAAAAAHAHAHAHA.

[Anonymous No.21072167]

>>21070488
I think its more
>i sold my whale stack at 3 cents and ill do whatever it takes to project how much im seething on to XSN
Probably the same fudder who stalked every XSN thread at 5 cents/600 sat lol

[Anonymous No.21072194]

I sold 3 of my 4 masternodes at 0.22.

[Anonymous No.21072319]

>>21071672
To expand...
Eventually the price will be high enough on buybacks that holders would rather sell.
Thats the beauty of it.

[Anonymous No.21072497]

>>21072194
embarrassing.

do you have money or something?

[Anonymous No.21072616]

crew of redditors on cloud 9 that they got enough ppl scammed to pump their currycoin 8 cents

this is so sad

[Anonymous No.21072731]

>>21058116
>$50M volume which is a very low estimate
Uniwswap, which currently carries the majority of the trading volume for every shitcoin flavour of the month, only does $8m/day.
Anything above $10m in volume for XSN is just pie-in-the-sky fantasy unless we see another crazy ICO hype like in 207 (we won't)

[Anonymous No.21072951]

>>21072731

[Anonymous No.21073035]

>>21072731
>>21072951

FUDDer BTFO

[Anonymous No.21073348]

>>21072194
I mean, I want to feel with you, but I just can't fathom how you allow yourself to do that.

[Anonymous No.21073377]

>>21072731
brainlet here, why does it say 67 mil here? https://uniswap.info/home

[Anonymous No.21073632]

xsn dex release will create a staggering footprint in the cryptoverse

[Anonymous No.21073746]

>>21072194
damn anon. i learned a lesson too. tried to swing stake and lost a few hundred stakies. that was more than enough to make me cope. can't imagine what you feel like selling 3 masternodes. pic related

[Anonymous No.21073825]

>>21072731
Nope, reset your IP and try again

[Anonymous No.21073892]

>>21073377
it just changes by the day. uniswap was in the $40-$60M range not too long ago but now is above $77M daily pretty regularly. We can expect Stakenet to take some of this volume, plus the volume from other exchanges.

I use to be real conservative wit my $100M trading volume estimates but that might be ultra-conservative at this point... If people can stand uniswap and its shitty interface, Stakenet is going to do very well

[Anonymous No.21073967]

>>21064393
atleast 15150 (15k for masternode and 150 collateral to run it), store on core wallet on pc and cloud wallet for the collateral.

[Anonymous No.21073980]

I have 60k+ so I can set up four master nodes. What’s the experience so far for those who have run them? Pain in the ass? Easy to quit? What?

[Anonymous No.21074067]

KEK I have 3 MN.. How much will this make me???

[Anonymous No.21074080]

been thinking about dumping my link for this

[Anonymous No.21074087]

Xsn.... 35 cents.... How can this be... I can't believe i listened to the dumbfuck fudder with the brain capacity of a slug

[Anonymous No.21074088]

https://cloud.stakenet.io/login

XSN provides MNaaS (Masternode as a Service) @ 4,50 USD/month to be paid with XSN only. Very reliable & stable.

[Anonymous No.21074093]

>>21073746
just goes to show the listing on a smaller exchange just limits the amount of swinging you can do because wash trading isn't nearly as prevalent in lower volume cexes.

fuck cexes

[Anonymous No.21074113]

>>21074088
>buy our coin so you can pay us back our coin to process transactions using our coin
SELL

[Anonymous No.21074137]

>>21073980
easy to set up and easy to exit.

takes about 5 days if confirmations before the node is eligible for rewards though so not something you want to shut off and on frequently.

[Anonymous No.21074187]

>>21074067
it'll make you good money, all depends on how long you want to hold it and what your price target is.

I'm not selling before $50, even then probably won't sell any of my principle.

[Anonymous No.21074226]

>>21074113
you don't have to hold xsn to use the exchange

weak fud

[Anonymous No.21074239]

>>21073746
Do these charts ever end up correct? I want to believe because it says that with my 4 MNs I can quit my 85k salary job once we hit about $3.50, maybe slightly more. A simple 10x and I can live off node rewards. Seems way too easy.

[Anonymous No.21074274]

>>21074113
the fee for trading happens in the background, a buyer/seller doesn't need any xsn

[Anonymous No.21074322]

>>21074239
issue is volatility. just because it hits $3.50 doesn't mean it'll stay there.

at some point you'll want to sell a portion to diversify your holdings. even billionaires strive for this once they're ready to step back as the leaders of their companies.

[Anonymous No.21074437]

WTF I LOVE KOREANS NOW

[Anonymous No.21074462]

>>21074088
Is it literally $4.50 or a set amount of XSN??

I was under the impression it was 150 XSN a month or something

[Anonymous No.21074518]

>>21074462
according to a dev it's a flat $ price, but the amount of xsn will be elastic according to the value of the coin

[Anonymous No.21074525]

>>21073746
I tried to gamble with some other tokens. Oh well, I think one masternode will be enough

[Anonymous No.21074531]

>>21058116
So how much SUTER do you own?

[Anonymous No.21074561]

>>21074462
It is exactly $0.15 a day paid in XSN the higher XSN price goes the less XSN it costs. Right now it’s less than 0.5XSN a day per MN and you make roughly 6XSN a day before MN so 5.5XSN per day profit

[Anonymous No.21074623]

>>21074561
node makes 9 xsn no?

[Anonymous No.21074644]

>>21073967
150 Collatteral what you mean? 150 extra XSN per MN?

[Anonymous No.21074769]

>>21074644
yeah, to use as collateral to pay your 15 cents per day to run the masternode as a service, if you run it in another way I guess you don't need that, but if you MNaas then yes, you need 150 min stored on the cloud wallet, where it will subtract the daily fee from.

[Anonymous No.21074778]

>>21074561
>>21074623
9/30 * 24 = 7.2 every 24 hours.

[Anonymous No.21074810]

>>21074623
Yes a block rewards for an MN is 9XSN but you don’t get a block rewards everyday at the minute due to how many MN’s there are, it works out around 36 hours per block reward at the minute so per day on average that’s 6XSN

[Anonymous No.21074819]

>>21074561
>>21074518

Wow so there's no benefit at all to running a single MN on my CPU 24/7 and paying 10 dollars a month for a VSP? What the fuck lol

[Anonymous No.21074844]

>>21060634
This

[Anonymous No.21074856]

>>21074810
Oh right I had noticed that, sometimes 2x a day, sometimes a day skipped

[Anonymous No.21074875]

>>21074810
Oh, it's that high already?

[Anonymous No.21074942]

>>21074819
nope

eventually you'll have to pay more (i.e. once we hit Hydra) to run the dex on your vpc, but by that point you probably will have seen enough appreciation from xsn value that paying for it will still be less than your MN rewards.

[Anonymous No.21074944]

>>21074644
No you just send 150XSN to the cloud to start your first MN and get it going, cloud takes its fees from that 150XSN. You can add as many MN’s as you like after that point don’t need 150XSN per MN and the cloud will take its fees from that 150XSN. When your balance gets low you will get an email saying to top up with XSN to keep the service going. If you don’t and it goes to zero then your MN will be stopped until you add more funds to the cloud.

[Anonymous No.21074965]

>>21067202
You would get a $500 bonus after six months only if you have paid $750 in trading fees, which would require trading volume of 300,000 USD based on 0.25% taker fees.

[Anonymous No.21075001]

>>21074819
you don't need to keep your pc running to MNaaS

[Anonymous No.21075030]

>>21074965
You get the $500 USDC credited to your account within 24 hours of making a deposit of $500 worth of crypto/fiat and you can use it for trading immediately

[Anonymous No.21075031]

>>21074944
you do in fact need 150xsn collateral per MN friend

[Anonymous No.21075110]

>>21074239
They will be good rewards, but nothing lasts forever. For all we know, quantum computing can come out next year and render all crypto useless.

[Anonymous No.21075115]

>>21074778
where are you getting that napkin math from?

math I saw was:
(# nodes / total active nodes) * (blocks per day * block reward) = reward estimate per day

(1/2234)*(1440*9) = 5.801 xsn in block rewards per day, per node

[Anonymous No.21075205]

>>21075030
so it's effectively just ensuring you're not going to withdraw your $500 immediately after making your trade.

[Anonymous No.21075231]

>>21075115
The chart at the top of this thread has the correct info too and lots more info

[Anonymous No.21075277]

>>21075115
Yeah my bad, thought it was 9 xsn every 30 hours now.

[Anonymous No.21075287]

>>21075205
Correct or everyone would just make an account, deposit $500, get $500 bonus and withdraw it all instantly

[Anonymous No.21075417]

STarted up my first masternode off of my linkie gains today, we're all going to make it bros.

[Anonymous No.21075683]

>>21074239
some of this is definitely at peak level but I think coasting level could be $100M-$200M trading volume, which is more than enough to live off of if you have multiple MNs. that's the point of accumulating so many. So you can sell one or two for profit and still have a few MNs running for passive income

and yes it is this easy. not many people know about crypto currency. if they do then just bitcoin and maybe ethereum. we are so super early with this a few thousand new millionaires created by crypto is a drop in the bucket compared to the >1 million people who become millionaires annually. not to mention anons who will make $100k-$500k off this after taxes. that's a great boost...

[Anonymous No.21076114]

>>21075110
do some research on QC fag, we are decades away from the proper working and usable form of quantum computing, its mostly larp in 2020.
Also how does QC annihilates crypto. feel free to elaborate.

[Anonymous No.21076469]

>>21076114
Even if I'm exaggerating, 2021, 2025 is all the same the point still stands
>Also how does QC annihilates crypto. feel free to elaborate.
Well what happens when a single QC is able to replace an entire mining warehouse in China?

[Anonymous No.21077045]

>>21076469
Why would I give half a fuck about quantum when I can be a millionaire before 2025...

[Anonymous No.21077134]

>>21077045
The guy I originally quoted was talking about quitting his job and using Masternodes for income, and I was just pointing out that it may not be a long term solution.

[Anonymous No.21077154]

>>21076114
it was a meme that QC would render encryption obsolete by cracking hashes.

only morons unironically believe it

[Anonymous No.21077257]

>there are anons who unironically listened to the pajeet FUDer

wew lad

[Anonymous No.21078018]

>>21077257
off the top of my head there was
>o-one of the devs have TYPOS on their linkedin - SCAM
>t-that one anon uses SMILIES too much - SCAM
>s-stop saying based - SCAM
>t-there's a MAJOR EXPLOIT that i cant explain nor shouldnt have to prove PANIC SELL NOW
>the DEX is vaporware - SCAM
>the DEX will never launch - SCAM
>the DEX will never implement Raiden - SCAM
>the DEX will never upgrade to hydra nodes - SCAM
>old LINK copypasta
>ok rajesh
>POSW SCAM chart with dog on it
>l-look public discord screenshots - SCAM
there are many more

[Anonymous No.21078585]

>>21077134
All you do is not spend much over the next few years and hold a lot of it in stable coins and then transfer to a few moonshots and some big hitters before 2025.

Why is having hundreds of thousands or millions aftet this bullrun and accruing a similar amount over the next four years not a long term solution?

What absolute brainlet can't live the rest of their life not working off of a few hundred grand?
What expenses do you people have that you deem holding a MN or two not adequate enough to quit your jobs?
I understand realism, but you're regressing to Norman status if you don't think all of us who got in this early are now in the forever NEET tier.

[Anonymous No.21078602]

>>21071846
this

[Anonymous No.21078714]

>>21075417
Nice. Welcome.