Currently at 87, just jumped by 3
100 addresses within 6 hours. Cap this
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etherscan.io
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Stake will $5 tonight
What bisexual tweaker token is this called?
Xdai(stake)
Comparable to mkr which is sitting at 300m mc. This is at 4m. Do the math. If you missed hex,rpl,esh this is the next moonshot. Already times 3d already.
Is 1500 enough to make it?
just 87
I'm one of them
bros I have 1000 STAKE but I dont understand why it will pump or why it's useful. Shit is really confusing to me even though I read the website and watched vids from Igor and read tweets. Can anyone explain well?
Absolutely. I'm jealous I only got 400. Tempted to put my rpl and esh gains into this so I could hit those numbers but I think those are gonna moon first.
Fuck if, I fomod in. I guess I’m one of those wallets too now
88 now
welcome fren
>no one can explain why to put money in this
uhh
I don't get it either. Looks technically impressive but there's no adoption/hype/marketing going on
They’re too busy demoing the network with 18 billion dollar companies and Ethereum conferences to market with skateboards
Demoing at a conference a couple years ago to let people pay for $20 worth of food will make this coin moon?
91 addresses now. Stay poor
> (You)
I'm staking 1k. But literally what is your argument that this will moon?
meant for
Low supply. Excellent rewards for early stakers. Innovative project. 52%Total supply locked up in staking. Good roadmap. Idk what else to tell you dude
what's not to get? You become a validator and help secure the xDai network by staking your stake. In exchange for this, you receive staking rewards (more stake). the value is market driven, but its designed to run up fast in the early phases of the project, since more and more stake is just gonna be held for staking. the hype is real
What about the fact that the vast majority of stake has yet to be minted?
yeah, this. how can it not moon? 34% rewards for early stakers is crazy. with such a strong incentive to hold, sell side liquidity dries up and this moves fast.
total supply is 8m STAKE
you could have worried about the same thing when ethereum was $1. the network grows and demand increases too user. the distribution schedule is not too heavy
are STAKE tokens burned to make xDAI like MKR tokens get burned to make DAI? or nothing similar to that?
That extra supply is going to people staking the coin you damn doofus. IE People who are not selling.
100 addresses all derived from OPs Metamask HD wallet as he posts on Zig Forums from an internet cafe in Hyderabad
No xDai is burned to access Dai on Ethereum and vice versa. STAKE is meant to secure the network
Most genious project in a long time. You literally only need 200 to 300 stake to make it.
It will reach $1000 a token way before Link does.
Why though
thanks
Dyor. You either get it or you dont. Its literally a much more sophisticated version of maker designed to reach Makers mcap in a small time frame.