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24258386 No.24258386 [Reply] [Original]

How are you guys doing? Are you still trying to FUD XSN? Because that's all I'm seeing.

Stakenet's DEX has seen some pretty impressive stress tests among BTC + ETH transactions as of lately.

Instant BTC transactions works smoothly. It's really mind blowing to trade BTC for LTC instantly, and anyone who hasn't tried it yet, should.
Join the Stakenet Discord server, download the dApp, and try it out for yourself.

ETH is being implemented, and it looks like it wont take long before we've got a fully functional second layer DEX; which can access all major CEX's in terms of liquidity.

This basically means you can trade your BTC or ETH for any ALT of your choice, and get the BEST price as you've got all exchanges available to you through liquidity providers.

No need to login to Binance, Kraken, or Bittrex anymore, you've got ALL the liqudiity you need in ONE dApp.
Sounds too good to be true?
I challenge anyone who doubts this, to try it out.

The ONLY thing that holds this project back is the fact that it's not listed on any of the major exchanges (yet).. Devs doesn't want to pay Binance a million dollars to do that, when XSN itself can be traded at the epicenter of their own DEX, with all the liquidity you can ask for.

Makes sense right?

Keep fudding this project, those who did their research knows it's a hidden gem, that will likely more than 100x by next year (due to the golden bullrun getting closer).

And it's getting a major exchange listing

>> No.24258730

>>24258386
Agreed

>> No.24258732

>>24258386
I wasn't aware of ETH stress tests as of yet, but AFAIK that is coming fairly shortly

>> No.24258756

>>24258386
Been waiting two years. Stacked with 4 MNs. Comfy af.

>> No.24258827

When moon, I need to retire

>> No.24258828
File: 128 KB, 1200x675, 400039900137_151586.jpg [View same] [iqdb] [saucenao] [google]
24258828

more and more people are starting to understand ...

>> No.24258871

>>24258827
Connext integration and Public release, then moon 2.0 is when Hydra gets a date

>> No.24259019

>>24258386
There are many indications that it will be Bitfinex. No listing fees for valuable projetcs, have lightning network implemented and great API for external integration. Go Stakenet!

>> No.24259401

>>24259019
I'm pretty sure it's not that exchange as they gotta pay to get listed. From what I know...but I won't say anymore.

>> No.24259496

>>24258732
Oh i thought they had done some private ones!

>> No.24260040

>>24259496
The devs have I suppose, but it isn't in closed beta testing yet

>> No.24260486

>>24259019
bitfinex is a listing 10x, ontop of a trading 10x

so... 100x

>> No.24260592

raiden was about 99% finished. what happened?

>> No.24260655

>>24260592
dev team lies happened
The coin is promising but the team keeps breaking promises so it's not worth a lot.

>> No.24260742

>>24260655
>>24260592
The team broke no promises. They were working on integrating Raiden but there were limitations specific to Raiden that were holding them back so they moved to Connext as it is a far superior platform for their uses. They have said already that they believe this will significantly decrease development time over Raiden.

>> No.24260993

>>24260592
don't think the team every said that.
Think they said they were moving with Raiden & other level 2 tech

>> No.24261141

>>24260993
they said it will be released with 4.04?! dont recall exactly but it made the impression that raiden is just around the corner

>> No.24261206

>exchange provides high liquidity
Wow, are they gonna list on uniswap lmao
ALL IN

>> No.24261229

>>24260742
why have they never mentioned they wwere having trouble with raiden,why did they mislead their investors?

also tf is up with cucknet, after hydra they stole prometheus???

>> No.24261301

>>24261206
XSN isn't an erc20 token. They could create a wrapped asset i guess or some shit

>> No.24261412

>>24261229
IIRC, they mentioned that it wasn't working for windows at that point due to it being written for Linux essentially.
Cucknet are continuing to be suckling on the breast of Stakenet, nothing new.
>>24261141
They were going to add the simple swap UI in 4.0.4 was my understanding.
>>24261301
Some spastic has made one called XSN lol but whilst you're right they could I really really doubt they would as a large part of the philosophy behind the DEX is avoiding use of wrapped assets wherever possible

>> No.24261703

don't you mean posw?

>> No.24261891

>>24261703
No

>> No.24262356 [DELETED] 

>>24258386
DEX is fine, but XSN token has no value. What is token used for? Nothing! What is value of token? No value! Do people use sushi token for sushi swaps? No. Do people use XSN token for swaps? No. Sushi coin was dev exit scam to dump on foolish bag holders. XSN is same. 100X lol delusional.

>> No.24262726

>>24258386
XSN is 80% of my portfolio, bought in heavily at 600 sats.

>> No.24262746

>>24262356
It's absolutely not a scam or the same as SUSHI.
The token is needed to incentivise investors to host hubs so that any DApps running are decentralized. So the value of the token is based on fees from running DApps such as the DEX and from the block rewards you get from staking I suppose if you want to think of it in a RoI manner.
If people did not run masternodes it wouldn't be decentralized.
Also has it's own blockchain, so it has that over SUSHI.
XSN IS going to be used for swaps. You are very stupid.

>> No.24263088

>>24262746
Lol. You have no idea what you're talking about. That is why you must call me names. XSN has nothing to do with swaps. It is useless. A trader does not need to buy XSN to use the DEX. That would be stupid. Having its own blockchain is not an advantage. Hubs don't need XSN for purpose of DEX. That would be stupid. Lol and used to run masternodes? Why are masternodes necessary? Does Uniswap run masternodes? Do you see how stupid this sounds?

>> No.24263335

>>24258386
>stress tests among BTC + ETH transactions as of lately.
Classic XSN. Lying right out the gate, kek.

>> No.24264036

>>24263088
XSN does have to do with swaps. It is an integral part of swaps when the DEX is migrated to running off the MNs. You are right that a trader does not need to buy XSN to use the DEX, however it doesn't mean that XSN isn't utilized behind the scenes to facilitate the trade.
Masternodes are a way of distributing the computing power required to run DApps like the DEX, as well as PoS earnings.
>There is another, utterly inferior in concept product that doesn't use Masternodes!! SEE HOW STUPID YOU SOUND!!
Uniswap isn't perfect. It has some advantages but it has extremely high fees, is completely bound to the Ethereum blockchain etc.
>>24263335
The devs were performing reliability testing of Connext for around a month. Pretty poor wording from OP but I think this is what they are referring to

>> No.24264592

>>24264036
But XSN is not needed to facilitate a trade, just like UNI token is not needed to facilitate a trade. Uniswap was working just fine before it issued a token. I'm not arguing the merits of the DEX. The DEX may be fine, but the value of XSN is 0.

>> No.24264760

>>24264592
Masternodes act as liquidity providers for trades. All trades performed with the MNs are done in XSN. It's value is absolutely not 0 as it's integral to the running of the DEX.

>> No.24264785

>>24264592
Ah yes the coin will be worth 0 once madternodes are collecting dex fees and xsn is being burned. Makes sense.

>> No.24264890

>>24264760
Think about what you're saying for a minute. How do masternodes provide liquidity for trades? By what mechanism? Who is going to give them the tokens and why?

>> No.24264984

>>24264890
IMagine it like BTC-ETH is BTC-XSN-ETH

>> No.24265000

>>24264890
Lightning nodes have bitcoin. Xsn nodes have xsn.

>> No.24265128

>>24264592
Like yeh value of uni tokens ? Nope

>> No.24265328

>>24264984
You didn't really answer my question. I'm not sure you understand how it works. I suggest that you read more to get a better understanding. You're learn one way or the other, the hard way or the easy way, but the choice is yours.

>> No.24265571

>>24265328
How does it work then? Inform me what I'm missing?

>> No.24265638

>>24265571
Put some effort into it first. You'll learn more if you do it yourself. Think about how other DEXs work. Hell, think of how a CEX works. One thing in common is an order book. Start there. You'll figure it out.

>> No.24265788

>>24265638
>DYOR
How did I guess...
I will suggest to you a similar thing.
Have a look at the Stakenet whitepaper, have a read of their medium articles. You'll figure it out.