[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 277 KB, 699x518, pepe counting.png [View same] [iqdb] [saucenao] [google]
57249723 No.57249723 [Reply] [Original]

There are currently 4 solidity-based certificate of deposit / immutable yield protocols. What these do is create value through the time locking of coins, leveraging the time value of money.

>> No.57249731

Hex - Launched Dec 2019
>Users stake HEX and earn Hex Shares.
>Hex Shares payout daily simple interest in HEX. The amount of interest is according to how long a user stakes their principal tokens. Longer and bigger timelocks pay better.

>> No.57249747
File: 213 KB, 505x453, 1D90B4B2-7E00-491D-BC6B-04CD3795EBD4.png [View same] [iqdb] [saucenao] [google]
57249747

Did you say

Solid?

>> No.57249750

Genius (GENI) - Launched Dec 2022
>Like HEX, but ending timelocks is much cheaper due to a novel 'summarize' feature.
>Genius also includes a collateral vault which holds tokens besides GENI in a mechanism to bolster the market price of the token by creating its own walled-garden liquidity pool.

>> No.57249766

>>57249747
solidity, smart contract code for Ethereum like networks

>> No.57249783

Xen - Launched Oct 2022
>Users can mint XEN by paying a gas fee.
>The ETH to mint XEN is essentially burned to the aether, and after a predetermined time users get their XEN. Users can then stake (time lock) their tokens which will then accrue interest in the form of more tokens.

>> No.57249840

>>57249766
nonono, solidly, the DEX

>> No.57249878

>>57249840
This is a CD and self-yield technology thread

>> No.57249919

There are currently 4 solidity-based certificate of deposit / immutable yield protocols. What these do is create value through the time locking of coins, leveraging the time value of money.

Hex - Launched Dec 2019
>Users stake HEX and earn Hex Shares.
>Hex Shares payout daily simple interest in HEX. The amount of interest is according to how long a user stakes their principal tokens. Longer and bigger timelocks pay better.

Genius (GENI) - Launched Dec 2022
>Like HEX, but ending timelocks is much cheaper due to a novel 'summarize' feature.
>Genius also includes a collateral vault which holds tokens besides GENI in a mechanism to bolster the market price of the token by creating its own walled-garden liquidity pool.

Xen - Launched Oct 2022
>Users can mint XEN by paying a gas fee.
>The ETH to mint XEN is essentially burned to the aether, and after a predetermined time users get their XEN. Users can then stake (time lock) their tokens which will then accrue interest in the form of more tokens.

TitanX - Launched Oct 2023
>Like XEN, it doesn't burn the ETH to the aether, it takes it from creating miners and sends it to stakers.
>I do not like this one or think it is good.