Stake (xDai) - The $8-$XXX? chad play

Papa, Papa! Thank You for rescuing our Slovekian village from poverty, I've never touched such juicy stake!

There is at least 5 posts per day of people not understanding xDai chain and/or the STAKE token, i suppose they didn't read the WP:

forum.poa.network/t/posdao-white-paper/2208

Go to Appendix C: POSDAO / ERC677-to-ERC677 bridge
example scenario and take a look at the example. You can see how different rewards add up for validators / delegators (on top of the 15% APR), how the model incentives a fair distribution and usage of the network, and, the most important part:

This network is made for real world usage and WILL run a major part of the blooming DeFi business, just to cover the electricity cost of running a validator node 24/7 puts the token price at ~5$ per STAKE. (While the staking parameters are low for the example, so is the number of validators, delegators and transaction volume, so everything evens out as this is all based of percentages)

That is ONLY TO BREAK EVEN IN ELECTRICITY COSTS. Assuming a 0.11 USD per kw/h and a 300w PC running for a month, and that a validator in a month got 5 STAKES of total rewards having only 1 delegator. The more delegators you have the more it will have to share its rewards with a min of 30% for the validator.

At any point only the top 19 validators by STAKE amount will be taken into consideration for the randomized validator selection, that means there is a huge incentive for each one to not only STAKE more but to keep growing the amount so it doesn't get knocked out, thus the need for delegators.

There is a ton of more information in the white paper so please read it before buying STAKE so you know how to play your tokens. This is not your average x100 pump then dump to 0.01, the xDai chain will be the backbone of the DeFi institutions (and anyone else that benefits for an stablecoin PoS blockchain THAT HAS THE SAME PRIVACY AS MONERO). Please write any criticism with arguments if you are going to FUD.

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tradingview.com/chart/BCHBTC/wfg5VkiU-BTC-25-fee-1-hour-confirmations-BCH-will-shine-150/
twitter.com/AnonBabble

bch best ta you will find atm. possible 3x.

tradingview.com/chart/BCHBTC/wfg5VkiU-BTC-25-fee-1-hour-confirmations-BCH-will-shine-150/

Imagine buying a FORK of Bitcoin instead of the future of DEFI.

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$10 plz.

My bags are loaded

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What's a suicide stack and make it bag of STAKE

0

That OC is based as fuck. Meme game is on point. We gonna make it stake bro’s

okay I bought 10 because I'm a poorfriend
sirs will I feed my family? very small european village

It'll hit that in time. Needs a next blow off top of probs 7 to 8 bucks. like TRB. Then the sky's the limit with usage which should come Q3-Q4.

People won't understand this token until some big projects reveal they will utilize it. Having 1k/20k stake will put you in an exclusive club. Validators campaigning for more delegators will be interesting

how long do I have to accumulate 1k STAKE before it takes off

there's 4-5k up at 1.80 range now. go buy it before it gets taken.

22k reporting. tempted to get another 20k for flipping later but that'd be over $100k in this shitcoin and i just don't think i can do it. lol.

I'm at my limit for this shit ($50k) and I have no doubt i'll cross a quarter of a mil in 2-3 months.

Is there a MKR connection to xDAI?

backed by them. this will moon.

This is all you need to know. MC is still ? in CMC. Pajeets can't zoom out and don't know previous history, so they moon when low caps / supply click over in Coinmarketcap. Plus, we just broke downtrend / crab.

Get in now if you like money. Sell at new ATH. Wait until August to rebuy.

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if we go above $2 by monday i'll throw in 20k

188 holders according to etherscan... am I missing something? Nobody is holding this coin.

560 people are staking, 482,147 STAKE are locked up, out of circulation, staked on BitMax for 36% return. The token unlock pajeets are talking about don't realize those will be locked up on BitMax too for comfy 36%.

Yes, see

Hard to say...Buy anything under $2

Hundreds more prestaking with Bitmax promotion

Interesting. How do I stake? Thanks for answering I just found out about this coin.

Going to pick up 100 in a few minutes!

woah take it easy user, don't spend more than you can afford.

Most holding on Bitmax + staking for 38% APR - 90 days

Just put it in Bitmax's staking portal. 7 day unlock or instant for a small fee.

aw shucks i don't have bitmax... maybe they'll have it on ledger eventually like tezos

WHAT THE FUCK WAS THAT?!

Break $1.98 and we fly to $5.

$2 WAITING ROOM

how is a stable coin suppose to reach $XXX???? noobs

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>he doesn't know

>double digit iq
xdai is the stable coin. Stake is the collateral.