/litgen/ - lition general - node registration is UP

[X] Mainnet Go-Live soon (Q3 2020)
[X] Node registration form UP for taking part to the decentralization process and get those sweet staking rewards
[X] Cucked Quorum and moved on to IBFT 2.0
[X] GDPR-compliant
[X] Energy Use Case backed by their own company, having a working business model with millions of revenue
[X] Developing Business Side in parallel with Blockchain Side
[X] Top business angels and advisors on board
[X] SAP partnership
[X] joined EEA EMINENT Task Force
[X] Loan Usecase with a Kraut-Bank
[X] Huge, legit Staking Revenues since several months with a 1-click process
[X] Listed on Uniswap, IDEX (and some shit exchanges)
[X] ranked as the #1 green energy startup in Germany
[X] attracts high-effort FUD in an attempt to keep it down

And, last but not least, still cheap as fuck. Bist du bereit?

youtube.com/watch?v=XbQrGaTm02Y

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HEIL LIT

thank you based greta user, I bought 40k when it was 6-8cents. Staking will bring me to my trustnode

I've applied. What do you guys think are the odds for someone with only 50k LIT?

Green days for weeks, making more coins with staking, just registered for a trust node, still a sub 10m market cap, mainet soon, still not on a big exchange. I'm so fucking comfy I don't even jerk off anymore

How does 2.5 million sound?

2.5 million dollar/euro sound great, a 1 in 2.5 million chance on being chosen to run a trust node not so great :D
we're all gonna make it

>we're all gonna make it
This. All of us.

Well they don't ask how many tokens you have in the application so I would say it doesn't matter how many you have

So this is it guys... Organic growth & adoption ... this is the golden bull run

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I can't wait until friday for futures teens start shilling this to their boomer parents

you'll definitely need 50k fir a trusted node.
thats one in a lifetime chance.

I know, I just thought they didn't care if you have 50k or 500k, but they do ask on the second page of the application form.

Not sure if I should apply, getting the 10k more for my trustnode isn't a problem but I never ran a node before and I feel like I won't get selected anyway when I check that box.

>but they do ask on the second page of the application form.
to be precise they only ask what you have currently staked

Exactly this

The form has been updated, now there is a separate question on the amount of LIT you intend to stake

Allready got my 350k lit staked for 1 year, i just hope it doesn’t top and Starts crashing again

getting 0,2 x more a month would be comfy but yeah having to do nothing is also pretty comfy

The most important thing for you is not selling too early, LPS might even help in that regard :)

Yeah got 3 compounds and 1 not compound, getting 5k lit/month to sell if i have to. But keeping my initial. comfy

Staked 35k for a year a few months ago. Don't have the capital to purchase the further needed to reach 50k but sure as hell will reach that target after my staking contract ends when staking rewards increase post mainnet which seems to be very close. Think i'll have to ride this one out, see the added benefits of running a trust node from other anons experiences then decide what to do when i'm applicable.

hahaha imagine having GDPR compliance as a plus. god there must be so little going for this token. you sound like a total brainlet, it's embarassing

what did he mean by this?

probably a burger who thinks the world revolves around his united states

He thinks the gpdr features means you can delete blocks or something, which it is not. He is an imbecile, the worst kind of imbecile, the one that doesn’t realize how dumb he really is

Bros I only have 200k Lit will I make it? I’m so sad bros

>probably a burger
maybe. Maybe someone desperately trying to bring down the price to accumulate more.
>He is an imbecile, the worst kind of imbecile
Actually this, most probably this.

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Let’s say mainnet launch = transactions go 5x on the energy sidechain. Sweet, 5x the rewards. But then everyone not in LIT sees the insane staking rewards wants in and LIT’s price moons to a dollar. Now the amount of LIT tokens paid out correspondingly falls to 10% (from ~$.10 to $1 per token ... because txn fees and thus staking rewards are pegged to the dollar value: $.01/txn). Now the network has way more traffic and you have way more money when you consider the value of the LIT you have locked up, but you’re earning LIT tokens at a much slower rate, making that 50k threshold for a trust node further and further out of reach. I guess the ideal situation is for the amount of transactions to proportionately go up way higher/faster than the price per LIT token, but either way this worries me enough that I decided not to rely on my staking projections and instead bought enough LIT for a trust node outright.
Someone tell me if I’m wrong?

You're right. Good call user.

Sadly underrated project