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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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29612288 No.29612288 [Reply] [Original]

Well?

>> No.29612338

not the biz node, they'll rugpull you

>> No.29612511

>>29612338
Kek
I don't mind leasing to the biz node but I'm not sure how it stacks up against the others

>> No.29612572

>>29612511
oh cmon with this softball. 99% payout. the closest nodes are only at a 97.5% payout

>> No.29612676

My node offers 1%

>> No.29612704

>>29612338
quit fudding yourself, Conor

>> No.29612813

>>29612572
I just want to know how the leasing works. How the fuck do I get more LTO from a 97.5% node than the 99% biz node?

>> No.29612878

>>29612572
Is it really that simple? Lease to /biz/ and get 99%? Who even is running it? Doesn't it have to be one guy?

Anyway I care less about that than about making money. Just to make sure I have the right address, it's

https://explorer.lto.network/address/3JkihPXS5iPs8xDKcFQmhR8TVcAmDRUZpyx

right?

>> No.29612956

>>29612813
yeah this is my question as well. don't mind "leasing to /biz/" [or whoever is running that node] but unlike GRT I don't see any way to evaluate the different nodes

>> No.29613070

>>29612878
https://xeno.finance/

>> No.29613215

>>29612813
LTO currently has a 7% APY for staking rewards - this applies to the nodes themselves. Node operators take a certain percentage of rewards earned by leasers. The biz node pays out 99% of that 7%, whereas other nodes pay out anywhere from 95-97.5% If you lease 10,000 LTO, you would be looking at ((10,000•.07)•.99)/52

>> No.29613235

>>29613070
super comfy, thank you fren

>> No.29614488

>>29612813
It's basically a 2.5% fee vs a 1% fee.
1% fee wins.

>> No.29614666

>>29612288
Lend to Xeno, chill and get rich. Not selling.

>> No.29614821

>>29614666
Trips of the Lightbearer confirm.

>> No.29614999

reached 130k LTO thanks to this dip. im gonna cooooooooooom

>> No.29615289

>>29614488
>>29614666
>>29614999
oshit El Tio has blessed us

>> No.29615323
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29615323

>>29615289

>> No.29615566
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29615566

don't suppose any smart anon can figure out when this node was setup, or whether this has been around for a while?

https://lto.tools/nodes/

>> No.29615715

>>29615566
WHEN WILL THE U.N. NODE LAUNCH I CAN'T WAIT ANYMORE

>> No.29616041

>>29615715
They said Afghanistan Land Registry was suffering delays but it's not on LTO's end. It'll happen and after that works out there's another country waiting to see results to also implement it.

>> No.29616078

>>29615715
what im trying to figure out, dunno if its just a rando who's named it that and its been there for a while. doesn't show up in this list as of yet. https://www.ltonod.es/nodes

>> No.29616569

>>29616078
If I'm not mistaken, nodes can elect to remain unlisted. I'm not sure how long that one has been around though

>> No.29616596

OP here, how do I tell when the rewards start kicking in? Where do I see them?

>> No.29616707

>>29616596
for /biz/ node (xeno) payouts are every Saturday.

>> No.29616743

>>29616596
Saturday. It'll pop up as a transfer. Don't worry about the fee you'll see, that's paid by the node.

>> No.29616791

>>29616596
Every Saturday fren. Log in on the main net around 10:30 ET every Saturday and you shall see the weekly yields.

>> No.29616809

>>29616596
Assuming you leased to the /biz/ node, payouts are on saturdays. It takes about 16 hours for your lease to mature on the network and count towards validating blocks. Your first payout won't be representative of what a full payout looks like

>> No.29616829

>>29616596
biz node pays out weekly straight to your wallet on saturdays. dont need to do anything, other than re-lease your rewards every 500 coins if you want. fyi cuz you leased in middle of week, you'll get a small portion of your normal weekly reward amount

>> No.29616912

lot of helpful anons in this thread lel

>> No.29617059

>>29616912
LTO is meant for us early Anons to get rich. When FOMO starts I'll keep silent.

>> No.29617148

>>29616707
>>29616743
>>29616791
>>29616809
Thank you anons so much, you all are the best

Will definitely continue to load up my LTO bags, this network is going places

>> No.29617262

>>29616912
LTO threads are always comfy and it's an IQ test in itself so it filters retards. Helps it has no FUD besides "muh price is too low this hasn't mooned why would I buy this".

>> No.29617328
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29617328

>>29617148
Expect quite a lot of nonsense fud from seething nocoiners and bored stakeholders looking to accumulate

>> No.29617554

lolol I exited this POS about a week ago at .39 and it's now .30? i've made bank on other coins even with the market correction. this shit is never going to succeed with that retarded fucking founder.

>> No.29617640

>>29617328
>>29617554
clockwork

>> No.29617834

>>29617640
ADHD retards chasing pumps are going to lose their money just as quickly as they made it. LTO is one of a handful of projects (like GRT) that constitutes an actual real world investment in business solutions. It's going to end a lot better for people asking "what can blockchain do for enterprise?" than for people asking "how can crypto make me rich?"

>> No.29618321
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29618321

>>29617554
Rick is closing deals with billionaires, very retard.

>> No.29618567

>>29617640
>>29617834
>>29618321
kek

>> No.29618635

Correct me if I'm wrong but I think the price may skyrocket soon:
If the APY keeps rising, staking LTO will become so attractive that it will shoot up to a price where the yield will have to fall ($2-$4?). Even if more people start staking, the reduced supply will make the price rise a lot.
What's cool with LTO is that even if the price reaches $1 the APY will not decrease, hence why it may go vertical until the fees and burning are reduced.
Not sure if I made myself clear