XSN

There's still time to accumulate.

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L1 onchain settlements occur via aggregated L2 transactions?

Stop your retarded shilling and let the smart investors get in. If you're too desperate for profit just fucking dump your XSN and buy SUSHI or other unifood or uniscam coins. Fucking retard.

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Same way with YFV lately. Too many moonboi bagholders.

It's a lot more automated than before
Dont care I'm gonna keep going til Raiden goes public

If you go on the doscord you'll see that they pay for fake members. Clearly a pajeet shitcoin

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I like and hold xsn, but the amount of masternodes held now is a little concerning. They really need a burn to compensate for the low fees and staking rewards.

Bots flood crypto chatrooms all the time, unfortunately.
I wonder how profitable TPoS is right now in comparison. There could very well be some coin burns coming.

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Cryptopia's xsn coins are considered burned. Kind of like how there's 1 million btc on Satoshi's wallet locked forever.

Roughly 7.5% of the supply has already been burned and every block 10% of the block rewards are burned.

>10% of the block rewards burned
That's DEX fees. 10% of block rewards go to the treasury. If a burn is proposed and voted in by MNs, then it will be burnt.

Yes, my bad. But, hey, that's even better news.

retard

It's 10% of the trading fees.

EG. 100% of fees are used to buy xsn. 10% of that is burnt.

Checked for precision

Friendly reminder to hide all XSN and stakenet threads.

Do not respond to XSN and stakenet threads.

Paid shills and discord trannies are desperate for you to buy their bags.

XSN is a classic “masternodes will make you rich”-scam. Protip: MN rewards cut into LP fees so LPs will go elsewhere.

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COPE

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hes shilling YFV and XSN in the same thread ...

pajeet has evolved

Dumb nigger the mods even called out the bot invasion.

checked

why don't you just filter xsn threads instead of free bumping these threads every single day? dumbass lmao

Checked. XSN threads have gotten so many good digits lately.

Checked.
Yeah man. Good stuff.

Every xsn thread is filled with dubs and greens. If this isn't a sign idk what is

>L1 onchain settlements occur via aggregated L2 transactions?
what are you referring to? the simple swap ui?
>if so
No, dex automatically handles movement of input funds to L2, and executes trade in L2. final assets then placed in your lite wallet on L2, at which point you can close lightning/raiden channel and revert to L1 paying rental fees, or keep in L2 prepped for swap back and/or with another asset.

>as example
say I have BTC and want to swing link (I know swingies get the rope but just for arguments sake). looks like this in ui:
>buy link with BTC
acts like this in the dex:
>move BTC to lightning channel, rent cross-chain raiden channel using BTC
>pay rental fee in BTC
>use remaining to swap BTC for link via layer 2 market buy facilitated by dex
>link is in dex lite wallet on layer 2 raiden channel
at this point you can either leave the channel open if you intend to swap back to BTC, close the rented channel entirely, or you can open a new ERC channel via raiden (say, usdc or tether).

Arbitrum + Link .. it's XSN death

Every week, there's a new "XSN killer".
This was predicted, and its very bullish.

But this is Link... it's like T-rex vs a lion (XSN is the lion)

Arbitum is eth only. Plus I dont think 1 scaling solution is enough considering how much smart contract link will be powering. With arbitum link will be able to increase its workload but it we'll still need raiden for trading.

DELETE THIS

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so you're saying that link is going extinct? (Because there are still lions)