Let's talk about xsn numbers for a second user

CIRCULATING SUPPLY: 105269179.52166182 XSN
XSN LOCKED IN MASTERNODES: 37575000 XSN
XSN FOR SALE ON LIVECOIN: 710 348.3 XSN
Less than 1% of circulating supply is for sale right now. Each masternode needs 15k locked xsn to run. Masternode's number is increasing with each passing day. Since a masternode makes hundreds of dollar a year(and this is gonna grow with fees rewards from the dex) in a few weeks 15k xsn will be worth thousands of dollars

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very interesting user. My only question is where are the remaining 60 something millions of xsn?

if I remember correctly team gets 10% of block rewards, so that should be some mollions xsn. 3.5 millions were burned right away after the swap from PSOW. Some other xsn were lost on cryptopia. All the remaining xsn can be:
1) staking on cloud.stakenet.io
2) staking from xsn core wallet
3) not staking and in normal wallets ready to be sold, exchanged etc

thanks and checked

bump

checked
10$ EO 2020
100$ EO 2021

when is Dex coming out?

don't forget merchant nodes and TPoS

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A masternode is already worth thousands of dollars, I know this because I’m a proud owner. Masternode currently costs about $4,750

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

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$4800 roughly, damn people are just about already priced out of a masternode

Don’t forget 40M+ XSN is staking and another 5M is locked up in cryptopia until the end of time

How do you know it's 40M+ in staking?

WHAT THE FUCK WAS THAT

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Because the ROI is lower than MN’s and as the same amount of XSN is distributed between MN’s and Stakers it means if the ROI is lower then that must mean more XSN is staking than locked up in MN’s. So if 37M is in MN’s then must be at least 40M+ staking for it to have a lower ROI

Chrcked. Stakenet.info doesn't show all staking. So easily above 25% locked in staking

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holy shit you're a genius. 100$ EOY is fud

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so this means that those 700k something xsn on livecon are actually the only ones left in circulation?

yes

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SCAM

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Noob question here anons:
Since the DEX fees won't be given to the MN holders from the beginning... then how could it be that I see a lot of anons sharing their MN rewards? THe DEX is not out... so where do these rewards come from?

from block rewards. Read the whitepaper

I hope you're strapped in.

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big if true

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ITS

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>Less than 1% of circulating supply is for sale right now
False

>37 millions in masternods
>40+ millions in staking
>some millions lost in crpytopia
>3.5 millions burned
>team has some 10 millions
maybe it's not 700k for sale but it's not more than 2 millions

MN holders gonna dump as soon as DEX live

Why would they? Passive is really good atm, only getting better.

DR;NS

The crazy thing about stakenet is that number of masternodes can only go up as masternode owners are incentivezed to NOT sell as Dex increases volume.Expect a masternode is gonna be worth 1 million dollars in a couple of years

*I expect

Why wouldnt the goverment put 100k fine and 20 years in prison to whoever uses Stakenet in the future?
Refute my points.

Do you think the average wagecuck will download some obscure app just to trade coins with privacy. And risking a life in prison on top of it! They can even ban it on jewgle play and appstores that the average normie uses.

In 5 years you will be able to deposit btc in bank and transfer it instantly to another bank.

Refute my points, I double dare you and tell me how this would work.

>Why wouldnt the goverment put 100k fine and 20 years in prison to whoever uses Stakenet in the future?

Dex has Tor integrated into it. Also you can just use a VPN. Theyy didn't stop illegal downloading, they won't stop this. I know it's not totally the same thing but at the end of the day movies and crpytos are information travelling through the internet

>Do you think the average wagecuck will download some obscure app just to trade coins with privacy. And risking a life in prison on top of it! They can even ban it on jewgle play and appstores that the average normie uses.

This is not for normies right now. Main users are gonna be criminal syndicates, hedge funds and automated trading companies. Also the jewgle play ban is a joke, all you have to do is download the apk from github or wherever and run the app

>In 5 years you will be able to deposit btc in bank and transfer it instantly to another bank.

maybe, but you could just use xsn wallet and lightning newtork kek