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File: 8 KB, 250x250, xsn.jpg [View same] [iqdb] [saucenao] [google]
22121987 No.22121987 [Reply] [Original]

>he doesn't know

>> No.22122006

>he doesn't know

>> No.22122231

>he doesn't know

>> No.22122705
File: 121 KB, 1007x1024, 1597441976304.jpg [View same] [iqdb] [saucenao] [google]
22122705

>he doesn't know.

>> No.22122884
File: 146 KB, 671x519, 19-29-20-1494167665321.png [View same] [iqdb] [saucenao] [google]
22122884

>he doesn't know

>> No.22122952

>>22121987
He . Dose . Not . Know .

>> No.22122964

>>22122952
KYS

>> No.22123036
File: 275 KB, 828x523, C4F3353C-A0A9-46C2-A465-CDBB307F76E0.jpg [View same] [iqdb] [saucenao] [google]
22123036

>He does know
>You have been warned

>> No.22123438

>>22123036

DELETE

>> No.22123659
File: 197 KB, 634x646, 1595428717915.jpg [View same] [iqdb] [saucenao] [google]
22123659

>el no sabe

>> No.22123858

got my first MN when it flash dicked 1500 sats the other day. Feels good. Will we make it frens?

>> No.22123909

>>22123036
Link will accept lightning payments for their oracle services

>> No.22124174

>>22123909
enormous if factual

>> No.22124294
File: 669 KB, 737x727, 1592159346340.png [View same] [iqdb] [saucenao] [google]
22124294

>>22123036
Fuck with your larp elsewhere

>> No.22124350

he do not no

>> No.22124750

This should be deleted and reposted next month.

>> No.22124758
File: 16 KB, 400x400, ppppppp.jpg [View same] [iqdb] [saucenao] [google]
22124758

>>22124750
But next month will be neckmonth.

>> No.22125605

>can’t stay above 25 cents for more than a day
Kek

>> No.22125917

can someone explain how to buy XSN with BTC on the latest version of stakenet DEX for me? im a brainlet and dont get it at all
i have to buy a BTC channel and rent an XSN channel? but when i try buying a BTC channel i keep getting "failed to open channel" errors
conceptually i have no idea what im doing and the guides are outdated

>> No.22125937

>>22125917
>he fell for the scam
They’re about to vortex your bitcoin away from you

>> No.22126036

>>22125917
Since im retarded at explaning

https://www.youtube.com/playlist?list=PLiPgD5jh1hS3KeNIt6qkxsp2G8vIgKl8v

Video guide

text guide

https://medium.com/@hermesesus/stakenet-dex-quick-start-guide-cc1fea8b71ce

Note they do plan on making an easy mode like uniswap where everything is done for you.

If you are still struggling go to stakenet.io and scroll to the bottom and join the discord. The team is very helpful and will sort you out if you are having any issues.

>> No.22126155

>>22126036
>https://medium.com/@hermesesus/stakenet-dex-quick-start-guide-cc1fea8b71ce
thanks anon this is perfect
so if i wanted to trade all my BTC for XSN, id move it all off-chain into an L2 channel, then trade in the DEX with a rented XSN channel?

>> No.22126179

>>22126155
Yes.

>> No.22126229

>>22126179
thanks
is there a roadmap for 1) more currency support and 2) uniswap mode for brainlets?
cuz what im betting on is something like this solving the gas fees problem once the UI is less confusing and the product is out of beta

>> No.22126268

>>22126229
>roadmap
https://stakenet.io/roadmap/
>more currency
Devs said they are focusing on raiden first before they add more lightning coins
>uniswap mode
Yes, they said this will be easy to add.

>> No.22126430

>>22126268
>Yes, they said this will be easy to add.
yeah from a development perspective im assuming its just creating a UI wrapper around "buy wallet currency LN channel -> rent other currency LN channel -> trade currencies off-chain -> close channels" as something that looks like changelly

>> No.22126543

>>22125605
Was suppressed with sell walls and it didn't dump when everything else did either.

>> No.22126610

>>22126268
>Devs said they are focusing on raiden first before they add more lightning coins
once raiden integration + uniswap mode is complete this pretty much solves the uniswap problem immediately doesnt it?
i.e. you can on-ramp with BTC, trade for any ERC-20 token with very low fees, off-ramp to ETH wallet of your choice
what im not understanding is the tokenomics of the XSN token. it seems like staking with XSN powers the exchange itself and the more MNs you run the more fees you collect, hence incentive to keep liquid supply low / for whales to not withdrawal. plus there would be onramps/offramps for everything on the DEX in XSN. so there's buying pressure based on increased network usage from uniswap and CEX refugees = higher staking rewards = higher demand? or am i missing something?

>> No.22126777
File: 70 KB, 792x480, easymode.png [View same] [iqdb] [saucenao] [google]
22126777

>>22126430
Pic related
>>22126610
>once raiden integration + uniswap mode is complete this pretty much solves the uniswap problem immediately doesnt it?
Yes. They also have a mobile app in the works FYI.
>tokenomics of the XSN token.
Lots of info so bear with me
>NO fiat ramps due to regulation

>XSN blocks are minted every 1 minute
>20xsn per block
>9 to stakers (like a lottery, coins mature after 24 hours)
>9 to 1 masternode
>10 to treasury

XSN is inflationary HOWEVER
The DEX fees work like this

100% of fees are used to Buy xsn (creating buy pressure)
10% of those fees bought are burnt (reducing the supply and making xsn deflationary)

>> No.22126780

>>22126610
10% of fees are also going to be bought off the market as XSN and burned which will also increase buy pressure

>> No.22126823

>>22126610
Also keep in mind that most people WILL NOT SELL their masternodes. Rewards from stakers and nodes will be what's left for people to grab.

>> No.22126838

>>22126780
Not quite see >>22126777
>100% of fees are used to Buy xsn (creating buy pressure)
>10% of those fees bought are burnt (reducing the supply and making xsn deflationary)

>> No.22126879

>>22126777
>>22126780
thanks for the actual helpful replies
my last question is why this is valued so low? seems like an obvious moon when raiden is delivered as you could have zero marketing and people would switch over simply to avoid >$100 gas fees. what are the biggest risks with this project?
yes i am aware i am asking to be spoonfed

>> No.22126998

>>22126879
It isn't known by many groups. Also the biggest risk is the stooges that go on Twitter and spam xsn stuff wish those nogs would stop

>> No.22127024
File: 104 KB, 606x498, data.jpg [View same] [iqdb] [saucenao] [google]
22127024

>>22126879
Pic related was made a few months ago.

Basically most of the supply is already locked with (around 6million is stuck on cryptopia fyi)

Livecoin and beaxy have extremely low supply and the order books are very thin which makes it easy for whales to manipulate.(hence the 300 000 sell wall keeping the price down)

Currently in open beta the devs took off trading fees to promote bot makers. But once those fees come back we should see more buy pressure. Also on dex release raiden should be ready which will help too.

The devs do not want to market until it's ready to go. The biggest risk are the devs have an extremely broad vision, they want to do everything. However they are very talented and have pulled off everything so far.

eg.
>Turning lightning swaps from 83 pages of code to a few button clicks
>Completely new orderbook tech
>Vortex, dex aggregator
>epos
>cpos

There is so much shit they want to do, i think they'll pull it off though.