Been doing some research in this whole XOR bullshit everyone has been talking about. Looks like the actual tradeable supply is 343k, and its around 50 cents so its still like 171k mcap. Not too shabby after watching XIO run like 2700% in three days. They have 1.6 billion tokens but they are on another chain that hasnt been, nor will be bridged anytime soon. Ties with polkadot and been working since 2016 with 60+ employees in offices in over 5 countries
Just figured I would give ya'll a heads up. I think its pretty legit, or as legit as fucking crypto gets anyways. I am putting my money where my mouth is right here at 50 cents after this dip. Waited to see if it would settle out, which it has.
I am not gonna put my whole dick in this. It might go lower, still. Just a small amount for now.
Jacob Rogers
Yeah I went half of what I wanted to do originally. I will either buy more when it starts moving, or buy a lot more if we get more of a dip. But i wanted to at least be in at this price point to be covered either direction.
Jacob Williams
is this on uniswap?
Julian Morris
Yup, I am using V1 right now. They just updated to V2 but there is no liquidity of any kind on there right now. So just sticking with V1 until it moves over.
Jack Lee
why is there no liquidity? does that mean if i add to pool i basically get 100% of maker fees right now?
Luke Allen
how does that work?
Adrian Foster
You expect bizlets to copy paste an exchange cotnract? Literal bizlets will never get it and they will never make money on this.
chris Blec has some good vids on this but basically you add coin and an equal amount of eth and become a market maker. any person coming to do swap gives 0.3% of that tx to pool providers and that is split weighted by your share of the pool.
its risky tho because you aren't guaranteed to withdraw an equal ratio of coin or eth. like you could come out 75% eth and 25% coin or vice versa
Caleb Clark
Guys. 1.6bil of tokens is in SoraNet chain ready to be moved to Ethereum chain, just like they did with current 330k circulating. Don't fall for this scam. It's written in their telegram, would post a screenshot if I was a phoneposter.
Joseph Campbell
i meant the liquidity pool. sry. new to uniswap fuckin a.
Ethan Walker
Circulating supply is 343k of COINS YOU CAN ACTUALLY TRADE. Stay poor faggot
Hunter Powell
user didn't do his homework the coins are not ready to be moved and cannot be moved until a bridge is online which is not for another 2weeks at least. Also even when that is the case the slippage is only allowed to be 0.1% which would make it so the release will be around 200$ a day.
Liam Davis
And who the fuck is going to enforce this limit on slippage? It's retarded to think that the devs are going to calculate 0.1% slippage every day while dumping on your poor asses. I would love to buy this, but this is just huge red flag.
Michael Thomas
But that's like any other coin. There is always founders with a ton and you just gotta hope they dont pull a matic on you and unload their entire stack in your face. This is the game we play user
Adam Collins
Well, some legit coins have smart contracts applied to those "locked" tokens...
honestly i thought I was going to get rekt today having bought in last night but it didn't dump on me maybe it's actually a decent buy
Robert Hughes
it is if you don't overhold.. but definitely going to pick some momentum anytime soon
Oliver Davis
not the case with sora as those coins are not time locked nor the team' bags. They will released to bridgechains who won community vote when they have to make an actual expense and they will be dumped for a max of .1% slippage everyday so that it won't impact price. Pretty solid indeed, also search the founder on google scholar he's kind of a genius
Christopher Gomez
Thank you for clarifying. I am not the best at understanding some of the tech behind this stuff.
Owen Hernandez
> Decentralized Autonomous Economy (DAE) > Funding projects like EntoGenex Biopesticides (biotech company creating sustainable biopesticides) > Created Hyperledger Iroha > Implementing payment system for central bank of Cambodia (targeting 18 million retail users) > Provides CSDs tech for Slovenia and Russia through D3 > Worked on an implementation of digital, self-sovereign identity with BCA Group in Indonesia > Chosen by Web3 Foundation to create C++ implementation of Polkadot Runtime Environment
bizlets circlejerking over supply yet no one cares about Japenese memelord CEO with over 40 academic publications who's dealing infrastructure to multiple nations
