XSN $100 2021 Hydra Edition

[Anonymous No.27123695]

DEXs that use layer 2 protocols allow much faster and cheaper trading than DEXs that utilize onchain tx.
Stakenet has been building a Lightning Network-based DEX nonstop since 2018 and it has remained way ahead of the curve on layer 2 ever since.

Why is this important?
>when you trade from a non-custodial wallet, you trade from a wallet you own the keys to
Unlike CEXs, DEXs are non-custodial. You never lose control of your money. Any proper DEX is non-custodial, and ideally the superior option.
>when you trade from layer 2, trading feels like it does on a CEX
CEXs are popular because they're fast and they can stay fast when handling a lot of volume. Onchain/L1 atomic swaps are not strong enough to compete with this experience. Too slow, too expensive. Especially when congested.
Alternatively, Lightning Network and Connext allow for BTC and ETH to be sent instantly for very low fees.
>XSN makes multiple blockchains interoperable at L2
Unlike the vast majority of DEXs that are based on Ethereum and limited to ERCs and wrapped assets, XSN is built on Lightning Network, offering native interoperability with real Bitcoin and Litecoin in addition to the entire ETH/ERC ecosystem through Connext.
Instant off-chain swaps between BTC/USDT are already happening on the DEX right now.

Here's the current proposal for how DEX fees will be distributed once it reaches stage 3 (Hydra) of its development.
https://medium.com/stakenet/hydra-dex-network-upgrade-proposal-4b00a3a3fb8
>negative interest rates for Makers
>0.25% taker fee
of which
>10% is burned
>90% to MNs and LPs based on volume
The 90% begins as a 45/45 MN/LP split and gradually progresses to a ceiling at 22.5/67.5 MN/LP split@$1 billion 24h vol.

This tool is very helpful.
https://stakenetmasternodecalculator.web.app/

Pic related is the distribution at $1 billion/24h volume. Don't miss out, /biz/.

[Anonymous No.27124179]

A project like this could take advantage of the whole GME debacle at Robinhood.

Huh I would have thought this token is available at Binance but it’s not. Low volume low market cap.

So this will work like uniswap?

[Anonymous No.27124241]

>>27123695

So I should be able to buy xsn on the Dex no?

[Anonymous No.27124318]

>>27124179
Existing DEX's like UNI are mostly on the Ethereum blockchain and as such you can ONLY trade ERC-20 tokens. this is a problem because
a) it restricts you to just ethereum and you cant seamlessly trade between ERC-20 and the other biggest blockchain BTC, and

b) because theres so much trading occurring on these ERC-20 DEX's now the network is congested and you have to pay higher and higher fee's for every trade.

Stakenet DEX wanted to build a DEX where just like a CEX like binance, you can trade between ANY blockchain. It's an ambitious projects and its taken them a few years, but it its nearly here.

Stakenet DEX will revolutionise crypto because for the first time ever you exchange between separate blockchains in a decentralised way. we can get rid of centralised exchanges and be our own banks.

[Anonymous No.27124562]

>>27124179
XSN never had an ICO, so it had to do everything the old-school way - hardcore development through a bear market with little to no institutional support for about 2 years.
It's on Bitfinex and Whitebit.
Pic related is from the SSUI interface. Pretty similar to Uniswap. It's a normie style way to buy. There's also a way to manually move funds and buy off the orderbooks
>>27124241
You can use the current open beta of the DEX to buy XSN right now if you wanted to.
Looks like there's a decent amount on the orderbooks and there's been a lot of volume.
https://orderbook.stakenet.io/XSN_BTC
https://orderbook.stakenet.io/monitor/xsn_btc

[Anonymous No.27124688]

[Anonymous No.27124771]

>>27124179
Search for examples of the SSUI, anon.
>Simple Swap User Interface

[Anonymous No.27125597]

>>27124688
Checked

[Anonymous No.27125741]

>>27123695
Bump. Do not forget that there was a fudding group spamming that illiquid master nodes would not get trading fees and that the owner of the node would need to provide liquidity in order to get said fees. They were proven wrong within 5 days.

[Anonymous No.27126360]

>>27125741
Do remember that there is a guy spamming that XSN is a posw scam fork of Dash that can't run smart contracts (because it's a scam). He was proven wrong immediately, but it hasn't stopped him from spamming it everyday for 2 months lol

[Anonymous No.27127263]

[Anonymous No.27127509]

>>27127263
Kek. I like the original

[Anonymous No.27127556]

>>27127509

[Anonymous No.27127653]

>>27127556
Lmao I was wondering what happened to that one. Havent seen it in awhile

[Anonymous No.27127683]

>>27127653
I should make some more rapeman memes but i can't be fucked.

"Bitch you ready for some primetime aggregation time?"

[Anonymous No.27128247]

>>27127653
that one with the cat was pretty funny

[Anonymous No.27128302]

>>27128247
dammit meant for >>27127683

[Anonymous No.27128875]

[Anonymous No.27129544]

>>27123695
Bump it

[Anonymous No.27129835]

>>27129544
checked

[Anonymous No.27130741]

$100 2021

[Anonymous No.27131866]

>>27130741
Here's one question I have.
Assuming 90% of XSNs supply is locked up as is now.
What happens if the DEX sees $100m in 24h volume?
Apply a 2.5% taker's fee, and you have $2.5 million - 10% of which ($250k) gets burnt.
Is the 10% which is burnt going to pretty much buy $250k in XSN straight off the orderbooks and burn it?
I do wonder how the fee swaps will be automatically executed as well. Fees accrued from BTC/LTC will have to be swapped into XSN. How? Timeframe seems pretty important.
Swapping BTC/LTC/USDT/ETH rewards into XSN too often would be inefficient and swapping too infrequently could cause a lot of volatility.
In time, it'd be nice to know how that works in more detail. I see it being pretty easy to do with some combination of a smart contract that periodically swaps fees from other coins into XSN at a fixed time interval that uses SSUI to buy down the sell wall.

[Anonymous No.27132042]

>>27131866
Those are questions better suited for the devs in the discord not random anons on /biz/.

[Anonymous No.27132443]

When moon

[Anonymous No.27132544]

If you ask devs for helps, they will actively give you the burn address instead of your own wallet address. This is how people lose their stacks, many such cases.

[Anonymous No.27132756]

>>27132544
Checked and keked.

[Anonymous No.27132791]

>>27132042
Mostly everything about how Hydra works has been revealed now. It's pretty cool it can be discussed openly.
>>27132443
What's your timezone? (yes)
>>27132042
>>27132443
>>27132544
>x42
>y43
>z44
Neat.

[Anonymous No.27132813]

>>27131866
They are swapped instantly as the trades happen as I understand it. So on a BTC/USDT trade the Maker makes their cut instantly in USDT and then the rest of the USDT fee goes and buys XSN at the same time. So it’s not 1 huge buy order every day it’s constant little buy orders 24/7. More than 10% of the fee gets market bought though because the MN cut is also in XSN so that needs to be bought at the same time as well. So if MN cut is 45% of the fee add the 10% to burn and actually it’s 55% of the trading fee is used to market buy XSN.

[Anonymous No.27132859]

>>27131866
They don’t have a clue as to how it would work, since the XSN blockchain is a fork from Dash, and therefore doesn’t support smart contracts. Remember that at its core, this is still PoSW.

[Anonymous No.27132961]

>>27132813
>They are swapped instantly as the trades happen as I understand it.
Please explain how this is possible, since the XSN blockchain can’t do any complex logic? Could it be that you’re just assuming?

[Anonymous No.27132976]

>>27132791
>x42
>y43
>z44

Wtf drugs you smoking

[Anonymous No.27133047]

>>27132859
Kys
>>27132961
Gets swapped over layer 2. How is this difficult to understand?

[Anonymous No.27133060]

>thinks that you can run smart contracts on the XSN blockchain

[Anonymous No.27133149]

>>27133047
It still has to do logic and settle on-chain you fucking scammer. XSN blockchain is too old and cumbersome to perform such logic tasks.

[Anonymous No.27133203]

>>27133060
>>27133149
>It's the smart contract fudder
Kys xsn has tpos which is done by a smart contract. Why do you keep lying in every thread?

[Anonymous No.27133213]

>>27133047
>it just has to run a smart contract
>how is this so hard to understand?!?

[Anonymous No.27133530]

>>27132813
That would make the most sense. The only thing I can see it being an issue for is smaller tx.
If someone buys, say, $10 of USDT with BTC, the .25% taker fee applies. Will it really purchase 3 cents of XSN?
>>27132859
>XSN blockchain is a fork from Dash
>at its core, this is still PoSW
It's Dash and PoSW at the same time? lol

[Anonymous No.27133582]

>>27133203
LOL their “tpos” is a 1:1 copy of Nxt’s “leasing PoS”
> Nxt transactions are based on a series of core transaction types that do not require any script processing or transaction input/output processing on the part of network nodes.
First time scamming I see? Get the basics right before you scam, you piece of shit.

[Anonymous No.27133607]

>>27133582
>nxt
Sergay is that you?

[Anonymous No.27133850]

>>27132976
042 - 0=x, x42
443 - 4=y, y43
544 - 5=z, z44
>>27133582
I think he fell for the Papa John's psyop

[Anonymous No.27134040]

Looks like they regressed back to the old “gay fud” answers when someone dared to shed some light on this piece of shit.

[Anonymous No.27134055]

>>27133850
042 - 0=x, x42
443 - 4=y, y43
544 - 5=z, z44

Where do letters come from?

>Papa john
Kek.

[Anonymous No.27134107]

>>27134040
Looks like you regressed back to the old “gay fud”

[Anonymous No.27134623]

>>27134040
U Can't Hide, What's Inside
>>27134055
Autism

[Anonymous No.27134968]

>>27130741
I thought it was $100 2020 :D

You going to move the goal posts each year or just say thanks for the bump?

:D

[Anonymous No.27135044]

>>27134968
i've been posting 'XSN $100 2021' since mid last year, but thanks for the bump

[Anonymous No.27135153]

>>27135044
Checked. Maybe 2021 it’s. Be $1

:D we can continue every year to shill

[Anonymous No.27135252]

>>27134968
.
>>27135044
checked

[Anonymous No.27135395]

Doesn't looping already have L2 baked into their exchange right now? Why would the stakenet gain volume if their not even fully live yet?

[Anonymous No.27135499]

>>27123695
Just bought my 1st MN. Any other MN chads here?

[Anonymous No.27135753]

>>27135395
how about do 5 minutes of research and actually understand the industry you have your life savings in?

loopring is still on chain and ERC-20 only. Stakenet DEX will be off chain, interchain and will be before the end of march.

[Anonymous No.27135795]

scamcoin plain and simple

[Anonymous No.27135840]

>>27134968
>>27135153
fuck off cunt.

thanks for the bump

[Anonymous No.27135851]

oh god the discord shills are at it again

[Anonymous No.27135880]

>>27135795
FRIENDLY WARNING TO ALL NEWFAGS

there has been an endless FUD campaign waged against XSN for years now. If you search the archives, you will see the same tired, baseless arguments copy and pasted again and again.

Stakenet (XSN) has now been listed on a tier 1 exchange, bitfinex. The 5th largest crypto exchange. These top exchanges have to perform a huge amount of due diligence and thorough research on any coin that wishes to get listed. Only if the coin meets their thorough criteria will they risk listing it.

In the case of bitfinex, owned by iFinex (the parent company of bitfinex and Tether), they are enormous influence on the crypto economy and under much scrutiny by law enforcement across the world as regulations tighten and governments look to restrict access to cryptocurrency. Bitfinex wouldn't risk listing anything even potentially worthy of litigation.

tldr; all FUD has been rendered obsolete by the bitfinex listing, you are being scammed by XSN whales who are trying to keep new investors out and suppress the price

[Anonymous No.27135919]

>>27135880
Because tether and Finex are so legit amirite?

[Anonymous No.27135981]

>>27135499
Checked, and welcome.
>>27135753
Couldn't have said it better.
>>27135795
01000110 01110101 01100100 01100100 01100101 01110010 01110011 00100000 01100001 01110010 01100101 00100000 01100001 01101100 01110010 01100101 01100001 01100100 01111001 00100000 01110011 01100101 01100101 01110100 01101000 01101001 01101110 01100111 00100000 01101100 01101101 01100001 01101111

[Anonymous No.27136009]

>>27133582
Na,

LPoS = Node hosts multiple contracts

TPoS = Every node hosts a Single Contract.

So tpos is much more secure related to network security.

[Anonymous No.27136111]

>>27132859
I WISH...
פעם הבאה תגיד לשלמה לקנות

[Anonymous No.27136126]

>>27135851
>>27135919
thanks for the bump

[Anonymous No.27136466]

>>27135499
Checked.
5MN here. Our villages are going to prosper, fren.

[Anonymous No.27136598]

>>27136111
>>27136466
Checked. There's now 2 MNs in India - double what there was before. Mumbai Millionaire has gone plural.

[Anonymous No.27137284]

[Anonymous No.27137308]

>>27135981
>>27136466

If MN prices dip into the $5k range I can buy a second. I think I might actually go all in. I don't usually risk it but I've traded up 3.5x in the last 4 months and one more 10x would get me out of 5 figure hell.

[Anonymous No.27137376]

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $100 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

EVERYTHING IS ENERGY AND VIBRATION
ATTUNE YOUR VIBRATIONS TO MATCH THAT OF MONEY AND IT WILL FLOW TO YOU

[Anonymous No.27137380]

>>27136126
>doesn't know what sage is
these are the newfags buying this crap btw

[Anonymous No.27137430]

>>27137380
thanks for the bump

[Anonymous No.27137634]

>>27135395
>Id fud
Yeah fuck off lol

[Anonymous No.27137712]

>>27136009
Can't u have multiple different tpos on 1 xsn core but on different addresses?

[Anonymous No.27137800]

HAHAHHA retard FUDers still working full time meanwhile stakechads just keep on winning

>DEX around the corner
>Bitfinex deal confirmed
>Masternode rewards officially declare 1 MN as a make it stack

$100 2021

[Anonymous No.27137918]

>>27137800
Checked and basado

[Anonymous No.27137944]

>>27137380
The guy saying thanks for the bump is literally 60 years old.

[Anonymous No.27137984]

>>27137944
thanks for the bump

[Anonymous No.27138060]

*ahem

fuck blocknet.

[Anonymous No.27138091]

>>27137800
>doesn't know the fudders are more stakechad than he'll ever be
keep shilling, ngmi. I'm out cya in the cords.

[Anonymous No.27138095]

>>27137308
It's an unusually good season for gains, isn't it?
>>27137376
kek
>>27137800
Checked. SSUI with the DEX was already a better experience (faster) than using a CEX back in November.

[Anonymous No.27138517]

>>27138091
thanks for the bump

[Anonymous No.27138831]

>>27137984
You’re welcome :)

[Anonymous No.27138864]

>>27138831
thanks for the bump

[Anonymous No.27138906]

>>27124688
>>27129544
>>27131866
>>27132544
>>27134055
>>27135044
>>27135499
>>27136111
>>27136466
>>27137800
>>27137944

Checked

[Anonymous No.27138925]

[Anonymous No.27139031]

>the same IPs
>posting the same Copypasta
>every thread
>until Draper stops paying them

friendly reminder not to touch this pile of shit scam with a barge pole

[Anonymous No.27139408]

>>27139031
thanks for the bump

[Anonymous No.27139452]

>>27139031
>the shills don't change their IP's like we do!
>Scam!

Hello blockcuck!

[Anonymous No.27139574]

>>27123695
One question

Can Hydra suck lquidity off uniswap? NO.

Can you always find counterparter liquidity like with AMM (Uniswap)---NO.

Can you get a fee off the trades on the exange? NO

[Anonymous No.27139684]

>>27139574
thanks for the bump

[Anonymous No.27139839]

NEWFAGS BEWARE

XSN is on the verge of a parabolic price increase and the FUD is ramping up... Do not let these pajeets cuck you out of a chance of a lifetime!

[Anonymous No.27140206]

>>27139574
>Can Hydra suck lquidity off uniswap?

Yes

>Can you always find counterparter liquidity like with AMM (Uniswap)

Yes

>Can you get a fee off the trades on the exange?

Yes

[Anonymous No.27140257]

FUDER ARE YOU OK?

WILL YOU TELL US, IF YOUR OK?

ARE YOU OK FUDER?

[Anonymous No.27140459]

>>27139574
>can't suck liquidity from Uniswap
>can't suck liquidity from Rubic
How is Stakenet planning on getting any liquidity providers to move to their platform anyway?
Economically speaking it makes no sense for liquidity providers to come to the Stakenet dex when the useless masternodes hog so much of the trading fees.

[Anonymous No.27140463]

>>27140206
Based

[Anonymous No.27140491]

>>27140459
Fuck off lier, you are scum.

[Anonymous No.27140568]

>>27140459
Bfx.

[Anonymous No.27140597]

>>27140459
thanks for the bump

[Anonymous No.27140625]

>>27139031
I will stop suspend my Anonymous handle on 4channel and stop promoting the Stakeholders Network from it if you buy me a MN
Other handles named Anonymous may not reflect my posts

[Anonymous No.27140752]

>>27140459
Stakenet Dex was made for high frequency (off-chain), high volume bot trading while costing less then Uniswap (.2% vs .3% on Uniswap) and having no tx fees. You do your homework instead of lying. You had 3 years to accumulate

[Anonymous No.27140813]

>>27140752
*than

[Anonymous No.27140892]

there is a good reason why whitebit and bitfinex only have XSN/USDT...

[Anonymous No.27140928]

If XSN DEX daily volume reach 1B i can earn $6k in a month with just 1 Masternode.

This is fucking awesome

[Anonymous No.27140954]

>>27140892
I love how that made xsn immune to btc dumps

[Anonymous No.27141016]

My retard friend still hasn't bought, says he is going to wait for it to dip back to 30cents, how do i tell him bros?

[Anonymous No.27141028]

>>27138925
>list 3 successful advancements to shill your bag
This is good, I’ll give you that

[Anonymous No.27141083]

>>27140928
That's the cherry on top, isn't it?
Stakenet DEX is as fast at executing trades off an orderbook as a CEX. Once on L2, transfers are instant. It is interchain and natively compatible. It's non-custodial...
And on top of all that...
There's more incentive for makers to trade on it than elsewhere to reap in fees.
If that isn't bullish to anyone, I don't know what to tell you.

[Anonymous No.27141158]

>>27140459

>How is Stakenet planning on getting any liquidity providers to move to their platform anyway?

Negative maker fees.

[Anonymous No.27141436]

>>27141028
Don't make fun of Ethereum

[Anonymous No.27142012]

>>27141436
kek

[Anonymous No.27142555]

1 MN here. Wen DEX release?

[Anonymous No.27142571]

>>27142555
Checked, probs next month.

[Anonymous No.27142581]

>>27142555
checked. by end of march.

[Anonymous No.27142599]

[Anonymous No.27142648]

>>27142599
Checked but please delete.

[Anonymous No.27142776]

>>27142599
why not use the full updated chart

[Anonymous No.27142893]

>>27142648
no
>>27142776
It's updated. The one in my pic is a log chart. The one in yours is linear.

[Anonymous No.27143108]

[Anonymous No.27143215]

>>27143108
looks nice

[Anonymous No.27143758]

>>27140752
the majority of people will simply pool on Uniswap because they can't afford a MN when XSN is at 1-2$

[Anonymous No.27144380]

>>27143758
Then i suppose Its a good thing the majority(retail) of people do not constitute the majority of volume(professional) in any financial markets. Instead capital is concentrated in the hands of a few, and i assure you the few will be will incentivised to own as many Masternodes as they can.

[Anonymous No.27144448]

>>27135499
soon to be 4mn stakeneet

[Anonymous No.27144756]

Wow, this thread doesn't have a single contributor on it that's not a shill. I can't tell if this is desperation or sheer ignorance.

1) The team exit scammed PoSW.
2) It's a fork of DASH, which is a fork of BTC, which is 10 year old tech
3) Because it's a fork of DASH, it's a UTXO chain that can't run smart contracts
>How cutting edge
4) Coin not needed, blockchain not needed

[Anonymous No.27144858]

>>27144756
thanks for the bump

[Anonymous No.27145006]

>>27144756
Lol, this is the worst fud attempt to date.
Try to be original for once. Please.

[Anonymous No.27145068]

Noobs got shaken out as simple. You really think Bitfinex in 2021 will list shitcoins?

[Anonymous No.27145149]

>>27144756
I really appreciate your efforts exposing this scam and saving me from this fraudulent investment which would have otherwise led to my financial ruin.

I have nevertheless decided to ignore your advice on the basis that you are a third world savage, and if a man isn't better than a non white, then what is he better than? XSN is the white man's coin and my orders have just been filled.

[Anonymous No.27145214]

>>27145149
based.

[Anonymous No.27145477]

>>27143758
>what is staking
You earn around 0.02 a day if you stake for only 100 xsn. If xsn is equal to 1-2 bucks, you get 15 cents a day. But what if xsn becomes $10 per coin and you have 300 xsn? That would equal to $1.60 in one day, enough to buy a cup of tea.

[Anonymous No.27145491]

I am just 1000 XSN away from my fourth MN but I doubt I'll be able to afford it by the time my next paycheck comes.

[Anonymous No.27145634]

>>27145006
It's not FUD if it's true.

1) A picture is worth a 1000 words. See picture for PoSW scam.

2)It IS a fork of DASH. Anyone can look at the Github and confirm this.

3)DASH is a UTXO chain. Anyone familiar with DASH can tell you this. It can't run smart contracts because it's built on a limited UTXO chain.

4) I don't expect anyone here to be familiar with lightning because they likely invested their entire life savings into this scam, so I'll explain lightning. First of all, lightning at its core is meant to be a payment network. However, due to a myriad of factors, some obvious, it is not viable for that, particularly since now there are stable coin networks on Ethereum and other account based blockchain models. You can NEVER have a stable coin on Stakenet shitchain because it's a fork of DASH.

Regardless, if you want to transfer BTC for LTC via lightning, there is no XSN involved in that transaction. You simply need a lightning node, collateral in the coin that is being transferred and a counterparty with a lightning node and collateral in that coin. So, COIN not needed, Blockchain not needed.

Total garbage.

[Anonymous No.27145679]

>>27145634
thanks for the bump

[Anonymous No.27146227]

>>27145634
My dearest friend, 'tis with immense pleasure that I inform you that your letter has found safe travel to my destination and landed in my hands. However, this pleasure was fated to remain short lived and bittersweet, for I must also admit to you, regardless of what distress it may cause to you, knowing you went to great trouble to pen it and deliver it to me, that I in fact declined to open it and refused to read the message contained within. Surmising your intentions, there exists no doubt in my heart regarding your sincere worries for my financial well being, but alas your attempts to convince me to modify my investment strategies shall regretfully remain futile, as my stubbornness in this matter has indeed been sealed irrevocably and no other voice shall rock its imperturbable foundations. Allow me then to reiterate my will once more, and do your best to forever remember it for no change will follow: I shan't part ways with my beloved asset for it is my utmost belief that I have invested wisely and foresee infinite potential in its future, and therefore no other possession in this world shall change my decision, not even a mountain of gold! For my possessed asset is indeed fated to be worth more than any other riches in the world. We shan't speak of this no more. Sincerely yours, your beloved friend.

[Anonymous No.27146306]

>>27145149
This. Very very thankful advice from some happy caricatures ITT, but I'm buying anyway. Reason? I just like the name of the project man. Stakenet has such a beautiful tone to it. It makes me feel good to keep XSNacks in my wallet.
>UTXO?
What language is this?
>DASH?
Is this some sort of marathon game for handicapped people?
>Fork? I eat with a spoon lol.
>Smart contracts?
Are they related to Alien intelligence that I hear so much about?
>Coin not needed?
Who wouldn't need more coins wtf? What are you, a neet or something?

I mean dear internet people ITT, I essentially just enjoy looking at the percentage of my XSNacks in my top secret wallet mobile telephone app go up and down, I admit it. Can you fault me lol?

[Anonymous No.27147525]

>>27145634

[Anonymous No.27148550]

>>27145149
Based

[Anonymous No.27149098]

i have generated 2500 XSN from my 1 masternode over the past 2 years, however it was offline for the past 3 months. i'm saving all my xsn rewards for masternode #2