Reminder that binance is pissing itself in fear over Stakenet/XSN to the point that they “accidentally” delisted it...

someone explain this shitcoin

15k (extra 150 if you want them to host it)

Where do you buy it?

can it be done through the cloud interface or do I have to download their wallet? I looked at the guide for setting up a masternode in their cloud dashboard but I can't click into my XSN wallet to set it up.

You have to send 15000 to a legacy address you create in the Core wallet and do some other shit. So yeah you need the Core Wallet which is what you should want since you own the keys.

Send 150 XSN to the cloud ahead of time because it takes like 30-40 mins to confirm and creating the masternode will error out if it's not there.

thanks

>TFW you realize that tether is currently used by CEXes to inflate fees on ETH to stop DefI and dexes.

how likely is that scenario?

Live Coin

L2 Dex with Lightning and Raiden integration. An aggregator that pulls liquidity from other dex and cex. Masternodes can host dapps for fees, first dapp will be the dex. A lot more to id but there's the gist of it.

Dear sir. You are posting in a POSWcoin shillthread

That’s guys math is right.
The chart is a bit overly optimistic because it assumes 2500 master nodes (which we are already at) and that guy is using 3000 in his calculations. I personally think 3500ish is where we’ll settle at in the long run.
If you want to check math yourself, here’s the math for:

>Block Rewards (from stakenet website): With XSN, every 60 seconds a block is produced which mints 20 XSN and these are split 45 % (9 XSN) to staking nodes, 45 % (9 XSN) to Masternodes and 10 % (2 XSN) to the treasury to pay for development. Staking secures the network while Masternodes provide services for the network.
So in the case of a MasterNode, that’s
(9/NumOfMasterNodes)*1440 = XSN per day, then of course multiply by the current exchange rate to figure out value in dollars. 1440 is the number of minutes in a day. The calculation is the same for regular nodes too, but divide by number of staking nodes instead of number of masternodes.

>Trading rewards
Slightly trickier but still easy enough. Masternodes get 90% of the trading fees split among them.
.9*(daily volume)*(trade fee) = daily trade reward
Right now the trade fee is .25% (.0025) but that’s expected to go down with increasing volume.

Oh and for the trading rewards formula divide by the number of Masternodes, obviously.

I don't see how we get to 3500 unless big money comes in. Like 80%+ of the supply is locked. It would take a ton of people pulling out their staked XSN to convert it to masternodes, which would make staking more attractive.

Jesus, so the chart is way off then.

Fuck me.

Even if you cut everything in half, this is still insane returns, user.

I need more XSN yet I am a poor fag. help

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Yeah I know. Still good. Won't stop me waging though so I might just leave XSN for now and flip on uniswap and try and get enough for a node outright. Then I can use my savings for a second one, or close to it.

>which would make staking more attractive.
The total supply right now is just under 110 million last I checked. I’ll round down to 105 mil for Easy math. That would mean master nodes are more profitable than regular staking up until 3500 of them exist, past that you are right, regular staking gets more per node due to how the rewards are split.
However, that’s not accounting for the other money you can make from master nodes, trade volume. The supply will always be growing too (very slowly due to the burn rate but still growing), so that equilibrium number of MNs will continue to rise slowly.

What would you say is a conservative $/xsn after hydra. Given that there's no competitors around (might be some in development)?

who has to explain anything to those chinks. they try to steal tech anyway. look up crypto chico's video on blocknet

Masternodes in 2020

user I..

ok; you were warned
>stay poor idgaf

Conservative estimate?
$15 without serious competition once Hydra is priced in.
$10 if/when the competition starts to catch up.
Moonboy estimate?
If we garner interest during a bullrun at exactly the right time and poach uniswap and all other dex volume immediately as well as plenty of cex volume, we could see $10 from raiden alone and $20+ from hydra; though I don’t know how sustainable that would be.

The result is all based on how many people start using the DEX. The more people that use the DEX, the more work the masternodes have, which means the value of XSN rises to fund the masternode holders.

Raiden alone can put this marketcap into a couple hundred million. Hydra you're looking at billions if it becomes well adopted.

did the same with lcx lol

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Yeah, I had around similar numbers in my head desu.

Competition will come.