Ever wanted to stake a coin and receive your staking rewards in BTC, LTC, ETH or any other coin?
Pic related says it all. Stakenet - XSN is not only a DEX. SO much more than that.
Did my due research on this project, and I'm baffled nobody seems to jump on this. This could literally sky fucking rocket long term. The upside on this one is truly insane anons.
Where do these rewards even go? XSN wallet can only hold XSN
Robert Jenkins
You need a cloud wallet to stake. The rewards also go to that wallet
Jayden Ortiz
yeah the Core wallet isn't great. I just use my ledger instead. But from I've read they are making a "Light Wallet" (think like metamask) that will seamlessly interact with the dapp and can host nodes/ trades etc
Jayden Reyes
The light wallet will hold a multitude of coins, which has their DEX build in as well.
Jason Taylor
No you can (Should) Stake from the core wallet so you are in full control of the keys. The cloud is a centralized option that the team does not recommend people using unless they only have a few k coins.
But in a few months from now, it will be possible to run Masternodes or Stake from inside a Ledger nano or a Trezor
Liam Wilson
Funny how this is much more than just a one off product like all the other coins with 1 functionality. This project has so many use cases it is mind blogging
Adrian Peterson
Yeah, it's coming, real soon. You'll be able to cold exchange from your hardware device soon
Brandon Walker
the dex is hosted on a lite wallet that could connect to your core wallet. theoretically could also get pushed to the cloud account as well.
not clear on how it would work exactly - haven't seen any specific medium articles released.
Landon Cruz
> "under development" > 10% Complete Absolute state
Liam Jenkins
What in the actual Fuck is this wizardry
Evan Hill
Just Stakenet. We are used to all kinds of magic happening as old-timers in this project.
Ryan Bell
can someone explain.. where will those coins come from? im guessing a liquidity pool? or fees?
Chase Powell
Bunch of redditors tried to force it as /ourcoin/, during the PoSW ico phase of XSN there was a minimum requirement of 5 000 000 PoSW to enter the presale, which immediately following the exit scam got converted to XSN. Bunch of redditors from /r/AntifascistsofReddit pooled together their remaining XSN with the intent to dump it on their archenemies – the Bizraelis.
The coin continued to get shilled and pumped up and hyped for the beta dex release event. The stakenet team had a presentation in a room of like 14 people, and according to the one bizanon attending, Lorelei from Holochain was present and supposedely gave out millions of XSN coins to anybody willing to give her a foot rub. Several of the incels attending gave in, effectively placing them all amongst the top 50 XSN holders. Go ahead and check the explorer for yourself if you don’t believe me, they all received their coins on the exact same day from the same exact address. You think these simps are going to hodl for long? They are already siphoning their coins to BTC on the livecoin scam exchange. Again, all of this can be confirmed on the explorer by anybody with a keen eye for details, like myself.
The coin is HEAVILY manipulated and the supply is dried up from huge whales who got their coins for free, creating an artificially lower supply (a lot like LINK) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.
In regards to the actual project that Stakenet is aiming to achieve it's nothing more than a dollar store uniswap dapp for grandpa coins like BTC and LTC. infact it already exists within uniswaps tokenized coins wBTC/wLTC, literally making stakenets whole concept pointless. You're literally just buying a roadmap, they have only 2 developers with no proven background on either, in fact yankee Ruin X was previously the social media manager at XBY where he got caught swingtrading while manipulating the market with fake twitter news
>Posting this FUD as altruism, but actually scrambling trying to buy a masternode
Ayden Green
mainly fee distribution I'd guess.
the fees come in all coin pairs so it's likely slightly cheaper to distribute fees collected natively than to exchange for xsn on all trades.
Lucas Anderson
raiden went from 10% to 50% in about 45 days.
Grayson Jenkins
Hey, man, nobody wants to see your gay copy pasta in every XSN thread. Find me a token with better, more consistent staking rewards. You can’t. XSN is going to be a big deal given enough time and depending on whether normie tier faggots like you understand how fucking sweet the dex really is. If it doesn’t take off, it’s because people are peanut brained mongoloids.
Luis Thompson
You are hilarious, and need to try harder to try to FUD XSN as it is a hidden gem.
Josiah Cruz
Notice how all the fud NEVER has any evidence lol
Evan Gutierrez
Rofl. This one guy keeps copy and pasting the same fake fud.
Pretty pathetic he's so obsessed. He needs a gf
Eli Jones
Liiiiiife is so comfy with 11 masternodes
Parker Jenkins
Very nice op. We're pumping again, hope everyone bought the dip. Remember to stay away coz SCAM!