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Why it’s nearly impossible to lose with Xplosive Ethereum (xETH)
Bottom line up front: xETH is an underrated elastic supply token that cut out the possibility of negative rebases. If you bought 1 ETH worth at the beginning, you would have over 15 ETH now, and if you bought in at ANY time since launch and held through a few days of rebases, you would be in profits. To me, the recent invention of elastic supply tokens has been the most exiting thing that's happened in crypto since the 2017 bull run. I'm an old crypto nerd who's been in the space since 2011, so that's really saying something! For those unaware, elastic supply means that as people buy up the price of the token, more tokens get printed by the contract and distributed to holders until the price goes back down to where it's pegged (which in most cases is $1 but is 1/100 ETH for xETH). There is no better feeling than buying tokens once and watching the contract print you money every day, putting more new tokens in your wallet for free! I've enjoyed massive gains from several elastic supply projects, but the first ones had glaring drawbacks. Positive rebases are awesome while the project is growing, but any price corrections can turn into a death spiral, even leading to negative rebases if the price dips below where it's pegged. It's bad enough to loose value when the price of the token you're holding goes down, but having tokens taken away from your wallet on top of the price crashing is enough to make any investor feel sick! I think elastic supply technology is brilliant, and I'm very happy to see the xETH team bringing the tokenomics to the next level. xETH fixes drawbacks with elastic supply tokens 1) No negative rebases! - If the price ever dips below where it's pegged (and it hasn't yet for xETH), then all the community has to do is just keep promoting and wait till marketing catches up, sparking a new positive rebase cycle. The only risk is if the project stops growing entirely, and never grows again (unlikely). 2) Daily rebases come at random times - What I have noticed about xETH price action is only a small dip in price after a rebase, (most likely from holders taking profits). Also, I have yet to see a day where the price doesn't immediately pump back up to the trend line within 45 minutes. This is a much better experience for me than the ridiculous price manipulation by bots in other projects that have their rebases at the exact same time every day. 3) Rebases do not affect tokens on Uniswap - In other projects, the liquidity pools containing elastic supply tokens rebase, creating violent adjustments in the price each day. The xETH Uniswap liquidity pair only changes price when people buy or sell. 4) A tax is charged when xETH is sold - This tax feature evens out the risk or large sellers and creates a pool of money that helps create sustainable growth for the project. Some of the ways this money can be used are buy-and-burns as well as creating a pool of money to reward stakers (staking coming soon). The exact amount of sell tax varies (currently 7.69%), but every time I have seen it changed was due to a community vote. xETH is still early...savvy investors will notice: 1) Only 1000 wallet holders and 1500 telegram users 2) Marketing has not kicked off yet (team says they are in talks with some large YouTubers) 3) Staking has not started yet, which will undoubtedly increase demand 4) xETH has had positive rebases every day since inception, indicating that demand is high and that the project is still growing The xETH team acts professionally: 1) Admins listen to the community, often polling the telegram group before making big decisions 2) The main team members Jonas, Sarah, and Chris are extremely active 3) Updates are rolled out regularly 4) The team is burning 70% of their supply in the team wallet. This is a huge indication that they are in this for the long haul! DeFi has taken me on a crazy ride these last few months and it has been exiting to do the research and find hidden gems. I think a lot of people overlooked this one because it isn't immediately apparent just how high the APY from rebases actually is. xETH has been awesome, and I believe there is still plenty of runway to catch this plane before it takes off. Happy HODLing! Website: https://www.xeth.finance/ Rebase dashboard (community made): https://xeth-rebase-dashboard.herokuapp.com/
Investing in Canadian mortgages on Ethereum with stable coins
Hi Ethereum community, Would you be interested in Canadian mortgages investments? TokenFunder is launching a pilot on that, but want to hear your feedback first. What Mortgages: investments will be made through Mortgage Investment Corporations (MIC). Mortgage Investment Corporations are specially-regulated entities in Canada that pool investors' funds across a wide array of mortgages, so you are investing along with other investors and your risk is spread across hundreds of small mortgages. MICs are currently a $14B market in Canada. What's The Yield: targeted 10%. We have tokenized shares of NestCapital. It's a MIC with $10M AUM, and has been consistently returning 10% APR for the past years. The current targeted return is still 10%. Nest is 100% focused on Canadian residential mortgages, which have performed very well even during the Covid period. The Pilot: We will wrap the Nest tokens, which are KYC-only security tokens, into wNest (similar to Wrapped Nexus Mutual), which will carry the 10% yield, and investors will be able to purchase wNest directly via a sales smart contract with stable coins (USDC, Dai, USDT). Dividend will be accrued daily, which the investor may withdraw from the contract at any time. We will also support buy-backs with 3-5% penalty. A Uniswap pool will be constructed if this gets traction to increase liquidity. Legal & Regulations: TokenFunder is the first and only registered Exempt Market Dealer (similar to broker-dealer in US) in Canada that is officially allowed to issue tokenized securities. Nest Capital tokens are registered with Canadian regulators, and are issued pursuant to the Offering Memorandum publicly available here. The first batch of the pilot will be capped at just ~$3,700USD. If this sees demand, we'll follow up with more. Is this something the community would be interested in? Please shoot any questions you might have at us, we want to make this work!
Argent vs. Dharma: Análisis de wallets de Ethereum sin custodia
Tal como había prometido, este es un post hablando sobre dos wallets para cripto bastante populares Argent y Dharma. Empecemos con alguna similitudes:
Billeteras sin custodia para Ethereum, con un contrato asociado para cada usuario. Aunque NO aceptan Bitcoin, si permiten comprar un token como WBTC que representa un Bitcoin en Ethereum (y sigue su precio).
Contratos inteligentes open-source, pero aplicaciones propietarias disponibles en Android e iOS. (Argent, Dharma)
Código auditado por varias empresas serias.
Equipos de desarrollo muy activos, cada uno con su Discord, donde responden dudas y se les pueden hacer sugerencias (Argent, Dharma)
Ambas billeteras NO permiten exportar las clave privada, sino que la clave siempre está dentro del dispositivo (en particular, en los enclaves seguros implementado en hardware). Si hay que recuperar el acceso, se autoriza una nueva clave privada para ser la propietaria de la wallet.
Sobre este último punto, mucha gente no puede vivir sin tener la clave privada en su poder (sea electrónica o físicamente), sin duda son evidentes los riesgos que eso tiene (e.g. recientemente 40k USD desaparecieron una MetaMask). Aunque me parece razonable para cierto tipo de usuarios, creo que para una gran mayoría de gente que se empieza a meter en cripto, tener la clave privada en el enclave de su celular es una medida razonable y bastante más barata que una hardwallet. Finalmente, si no tienen un celular muy confiable o los tienen rooteado o muy desactualizado (e.g sin soporte), mi recomendación es considerar un exchange centralizado (e.g. Binance) para bajas cantidades. Vemos las diferencias:
Argent tiene más opciones de inversiones DeFi "tradicionales" (e.g. AAVE, Compound), mientras que Dharma está más enfocado en trading por estar integrado con Uniswap (¡y recientemente agregaron limits orders! y proximamente stop-loss)
Argent se puede usar en otras aplicaciones DeFi mediante WalletConnect, mientras que Dharma todavía no.
Personalmente uso ambas billeteras, Argent para DeFi y Dharma para trading pero no soy fanático. Si algún día sale algo mejor, me paso sin dudarlo (que es la ventaja que tienen las apps de cripto sin custodia).
The best place to swap & farm DeFi coins, offering Triple Yield for Liquidity Providers - powered by CRO https://i.redd.it/40scld56chm51.gif DeFi Swap went live on the Ethereum Mainnet today. DeFi Swap is the best place to swap & farm DeFi coins, powered by CRO. With DeFi Swap, Liquidity Providers (LP’s) are generously incentivized for contributing to liquidity pools with Triple Yield: Swap Fee Sharing: LP’s will be rewarded by sharing 0.3% of the trading volume of respective liquidity pools. CRO DeFi Yield: for LP’s who also stake CRO: LP’s can stake CRO to boost their yield by up to 20x and harvest the daily yield in as little as 30 days. Bonus LP Yield: for LP’s of selected pools: LPs will receive tokens redeemable for additional coins of participating DeFi projects How can I start farming? Start farming now at https://crypto.com/defi/swap and become a Liquidity Provider by using any WalletConnect-enabled mobile wallet (coming soon on Crypto.com DeFi Wallet) What are the launch incentives? Crypto.com will guarantee a minimum reward pool of 14,000,000 CRO for the first 14 days (1,000,000 CRO per day). What coins are supported?At launch, users can swap between any two supported tokens including some of the most popular Cefi and Defi tokens:
(Wrapped) Ether (WETH)*;
USD Coin (USDC);
Crypto.com Coin (CRO).
We will introduce more tokens in the future and welcome suggestions from the community via our web app & social media channels. What projects are supporting Bonus LP Yield? We will announce new partnerships in the coming weeks. Where can I check the yield levels? Please visit Crypto.com/defi/swap Useful Links:
I was so excited about eos and it disappointed me a lot. With the release of mainnet, Cardano looks promosing. I see a lot of stake pools, rewards and everything looks great and i have no complaints about Cardano so far. But my question is, is it going to be adopted well and become another giant like ethereum or its mainnet and all these stake pools will become no use like whats happening on eos right now? Edit: I just mentioned ethereum and eos as exemples. I dont have anything to do with them.
Ethereum is likely to perform extremely well in 2021, analysts say despite the recent rapid drawdown in ETH’s price. The coin currently trades for $350, around 30% below the recent year-to-date highs of $490, set just a few weeks ago. Ethereum’s strong move lower was a result of a correction in ... Ethereum 101. Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee. It also powers applications that everyone can use and no one can take down. It's the world's programmable blockchain. Ethereum builds on Bitcoin's innovation, with some big differences. Both let you use digital money without payment providers or ... The Ethereum blockchain paradigm explained. The Ethereum blockchain is essentially a transaction-based state machine.In computer science, a state machine refers to something that will read a ... When phase zero of Eth 2.0 does ship, little about Ethereum will change in the near term for users and dapp developers. This is because unlike all other system-wide upgrades in Ethereum history ... If you want to know what is ethereum, how it works, and what it can be used for, without going deep into the technical abyss, this guide is perfect for you. Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, you can write code that controls the money, and build applications accessible anywhere in the world.
Ethereum è una criptovaluta alternativa a Bitcoin, ma molto differente. In questo video Marco Cavicchioli ci spiega a grandi linee cos'è, e come funziona. Li... What is Ethereum? https://blockgeeks.com/guides/what-is-ethereum/ By now, almost everyone has heard of Bitcoin. But how many people have heard of Ethereum? E... Guide to how to fix Stuck transactions on Ethereum Network. Stuck transitions are annoying as they prevent the entire account from being used - we have a ste... Today we look at exactly why Ethereum is poised to lead the charge in the next bull run with some estimating the price could go over $10k per ETH. Scarcity, ... 🎥: Ethereum 2.0 Is Coming - Here Is Vatalik Buterin Explaining It! 🚩: Best Products In Crypto Here 👉 https://www.maxdapp.io/ 💰: Earn Free Bitcoin Here ...