Letting you all in early

> MakerDAO is the worlds largest defi platform by locked capacity ($426 million USD at current time)
> Source: defipulse.com/

> MakerDAO is now an official validator on xdaichain (using $STAKE tokens)
> Source: xdaichain.com/about-xdai/news-and-information/current-xdai-validators

> MakerDAO currently uses Dai to transfer assets and holdings as stable collateral
> Source: makerdao.com/en/whitepaper/#the-dai-stablecoin

> xDai and Dai are both stable coins set to 1:1 parity
> Source: xdaichain.com/

> Again: MakeDao is now an official validator of xDai (using $STAKE tokens)
> Source: xdaichain.com/about-xdai/news-and-information/current-xdai-validators

> Transaction speed for Dai = 1-3 minutes
> Transaction speed for xDai = 5 seconds
> Source: medium.com/@jaredstauffer/what-is-xdai-how-do-i-use-xdai-a-simple-explanation-7440cbaf1df6

> Transaction fee for Dai = $0.15 USD (Variable based on eth gas fee)
> Transaction fee for xDai = $0.000021 USD (Set fee, stable cost)
> Source: medium.com/@jaredstauffer/what-is-xdai-how-do-i-use-xdai-a-simple-explanation-7440cbaf1df6

> $STAKE Token Validators (20k stake) and Contributors (1K stake) are paid rewards for securing the transactions on the xDai chain
> Source: xdaichain.com/for-stakers/stake-reward-mechanics

> MakerDAO will migrate from dai to xDai to reduce transaction costs
> MakerDAO will migrate from dai to xDai to increase transaction speeds
> MakerDAO will migrate from dai to xDai to be rewarded as a $STAKE validator
> Inside information, although pretty obvious
> Screencap this 5.17.2020

> @ time of writing: $1.85 per $STAKE / $2.6m Market Cap
> @ time of writing: $338 per MKR / $340m Market Cap

Based.

Attached: MKRXDAI.png (538x262, 14.45K)

Other urls found in this thread:

etherscan.io/address/0x3cFE51b61E25750ab1426b0072e5D0cc5C30aAfA#tokentxns
medium.com/@CTexposer/how-to-pump-shitcoins-by-spectre-grp-74fd740b58fd
blockscout.com/poa/xdai/blocks/1/transactions
twitter.com/NSFWRedditVideo

How much is suicide stack? I have 1000 stakies. You need that much to stake after august right?

Minimum 1000 Steak to make it sir

xDAI is actual gold. Thanks god the scammy P&D retards are gone who were destroying the reputation of this amazing project.

When I saw MakerDAO as a validator and all the ETH devs praising it, I knew this was the real deal

I wish I had more money to throw at this but I got rekt when I bought in at 3.50

This is so far beyond all the PnD's being pushed the past few weeks. Entering this low and letting the actual magnitude of the project do the work will make all early buyers huge returns. OP's info on Maker is bullish as hell.

Stop lying pajeets, Maker will not migrate to this.
Also STAKE will have massive unlocks this month, they can sell over 5000 STAKE every day until 2021.

>xDAI is actual gold. Thanks god the scammy P&D retards are gone who were destroying the reputation of this amazing project.
are you high? xdai has been live for 2 years and there was nobody talking about it except people actually building and using the stuff
now that they tied a token to it all the useless pajeets are swarming this shit

indeed, it's retarded how little indians understand crypto. xdai is not a replacement, it's an ethereum sidechain using dai as the underlying currency

source fag?

Investors won't dump at 3x dummies

Attached: Screenshot_20200517_072758.jpg (1080x1160, 259.65K)

This is the token unlock.

Private Investors Offering Round
An exclusive offering available to a group of pre-approved investors.

4 large investors funded $500k in the private sale, with 4 smaller investors taking up much smaller amounts.

you can see there are four major investors on the token contract:

etherscan.io/address/0x3cFE51b61E25750ab1426b0072e5D0cc5C30aAfA#tokentxns

4 Private investors are:

Bitmax, Bixin, NGC Ventures, Focus Labs.

They're not selling at these prices.

Explain to me how did this not moon already

I think you’re high, that was all on testnet with the burner wallet dumbass

medium.com/@CTexposer/how-to-pump-shitcoins-by-spectre-grp-74fd740b58fd

Wonder why nobody is talking about huge daily unlock of STAKE’s private investor’s tokens? On 28.05.2020 there is going to be 5,719.2 new tokens unlocked every day which amounts almost 500,000 $ of selling pressure every single month until January 2021. Let’s not even look at the other unlocks… You will see all of them stopping pushing STAKE in the coming weeks at the same time as they are selling their bags to their stupid followers. See what happens if you bring this fact on the table in their trading group.

Attached: SPECTREEEEEEE.jpg (1800x2303, 639.69K)

$STAKE bridges the security gap that prevented MKR from moving before now.

Hence why they have become a validator

Funny how Vitalik himself doesn't think that

>Vitalik Buterin
Burner Wallet (website, explainer article) is an "insta-wallet" that's very easy to use: just load it up on your desktop or phone, and there you have it. It was used successfully at EthDenver to sell food from food trucks, and generally many people appreciate its convenience. Its main weaknesses are lower security and that one of its features, support for xDAI, is dependent on a permissioned chain.

>Vitalik Buterin, co-founder of Ethereum

Note: When xDai moves to POSDAO, the permissioned critique is no longer valid. Which has now been accomplished.

Dont be silly. Addressed this above, token unlocks are for the 4 VC firms. They dont invest for a listing pump my friend, long term game. They're not your little moon boys.

xDAI does not replace DAI, it's a sidechain that enables insanely faster, cheaper transactions using DAI as a basis. Not fudding, just making sure Zig Forums becomes immune to other FUD. If the project is successful, we might see more stablecoins given a sidechain too, this is just the beginning.

Did not say it replaces dai, xdai needs dai as a bridge currently. There is definitely a place for dai but you would be very silly if you could not see that MKR is planning to move to xdai to enhance their offering. Its ridiculously beneficial and they are a founding partner.

5k of coins per day won't make a huge impact on price when volume is few millions

unrelated but i really like those 3 lowercase h at the start of your ID

Some whale (or two) went a little too hard with the price manipulation, sent it into a spiral.

> MakerDAO will migrate from dai to xDai
That's easily interpreted as such my dude

I'M

How much of that volume is real? Lmao
Why wouldn't they? They're already at huge profits and they're smart enough to know that this was an artificial pump.

Attached: stake.jpg (1280x1116, 86.32K)

not sure why i bother replying to curry, but fuck you ranjeet
blockscout.com/poa/xdai/blocks/1/transactions

Don't you guys realize that there is no way that this huge staking rewards work if the blockchain doesn't have actual usage to make it worth it. It's going to end up totally dead shitcoin in few weeks after SPECTRE GRP stops pushing it which is in couple weeks.

congratulations raj, you understood absolutely 0% of my post
let's try very simple words
xdaichain is a clone of ethereum using dai as the base token
it's not meant to replace dai. it's meant to make dai easy to use

90% of that volume is fake, sell now 30k$ worth of stake and it drops to 1,2$ level. 60k$ and it is under a dollar. Order book is super thin.

Only volume is from bitmax MM otherwise coin is dead lol

New tokens unlocked daily

Today : No new tokens unlocked daily

28.05.2020 - 5719.2 tokens per day - 10k$ per day - 300k$ per month

23.07.2020 - 10,005.2 tokens per day - 18k$ per day - 540k$ per month

+

06.08.2020*
15% APR
Distributed Weekly
TBD

Yes very good hold sirs

You 4fags are trying to push this stake thread for whole day first one was rejected and so will be this one get lost from Zig Forums top soys

all this fud is bullish af

OP can't even get facts correctly you know the trash is doomed

Yeah those are from the VCs. As others have stated before, it's doubtful that they'd sell at these prices.

checked that "trading group" full of shill admins from influencer groups who are lying to you
> moarrr a Wolf Crypto scammer that dumped on own private group before
> scoinaldo paid shiller on twitter
> ivangbi racist crook from lto
> team who has no blockchain experience
> group moving nowhere only same moonkids talking