Just fell to 50,000 tx in a day

All of you xdai faggots who bought xdai/STAKE are retarded. Clearly OMG is the market winner. No one is using this. Everyone is using OMG network.

Attached: cVMiK06D_400x400.jpg (400x400, 4.42K)

Other urls found in this thread:

blockscout.com/poa/xdai/validators
twitter.com/SFWRedditImages

is this some kind of joke? also can you kick flip?

Attached: lel.png (1294x632, 42.24K)

Lmao I actually never checked the omg block explorer before. That is so fucking embarrassing. Didn't believe it was real at first.

haha OP is a fag and retard

watch out, xDai $100-$1000 2021 screencap this.

You think it can actually go that high? It does seem to be the only layer 2 people are using now. Also, heard some people say it will be the de facto Eth canary network. If that's true it should be valued higher than Kusama.

literally capitulated and sold the rest of this shit today, there are other tokens I think I can get better returns with.

Like what? I feel this is a good buy here. It is actually being used, unlike most of the ts that mooned during alt season.

Tellor would be a much better buy

give me some hopium bro. why will it go that high

eRSDL, wanted to move my capital over to farming it.

>If that's true it should be valued higher than Kusama.
I'm ballsdeep in STAKE but I don't think it's a fair comparison desu since the KSM token is much more important to the ecosystem than the STAKE token is. However since the KSM MC is 7% of the DOT MC and the STAKE MC is 0.06% of the ETH MC, STAKE does have some room to grow. Despite all the FUD that's been circulating lately, STAKE still seems undervalued to me, though I gotta admit my iron hands are really being tested rn.

Next hype cycle when?

Attached: fdefses.jpg (480x360, 30.04K)

properly when POSDAO coming out.

OMG now talking about CBDCs. Implying they would ever use a public chain, and a sidechain at that. Death spiral.

It doesn't capture any value regardless of use. Too low fees etc.

IIRC that's in Q4 of 2021

Hopefully there will be another one before then...

>blockscout.com/poa/xdai/validators
Q4 2021 is full POSDAO no? we are only waiting for bridge audit now.

This supply dumping ends in about 20 days from now. Then STAKE will have maybe 3 months of relief until bigger dump begins.

Attached: dump.jpg (800x304, 32.37K)

Even if that was the case (it isn't) there is such thing as a speculative asset. If the xDai chain undergoes widespread adoption, do you really think STAKE is gonna sit there and do nothing?

bro it's 06.01.2021

yeah, something like that
then a few months of rest, until more Chinese/Russian dump for a year

>If the xDai chain undergoes widespread adoption
It's too insecure to do that. It can't be used for high value stuff.

Is the xDai chain secure?
We have contracted 3rd party security firms to conduct comprehensive audits on the xDai consensus, tokens, bridge and underlying architecture. We have resolved any issues they have found, and are committed to ongoing audits and comprehensive testing. However, we cannot anticipate all issues and users must assume risk when using any blockchain technologies.

i got bored so. here what i think validators would earn right now.
fee from tx/day right now is around 31$ a week?
xDai bridge got avg. 100k volume a day. validators get around 110$ a week.
assume 2% APR from 2.5m dai lock that earning around 15$ a week.
mint STAKE reward with 10% APR earning around 38 STAKE a week. sell at 8$ get 304$ a week.

i hope we can also earn bridge fee from omnibridge too or it's going to undermine volume from xDai bridge.

Bunch of faggots

This was supposed to be at least $40 now. Losing hope on this one ever recovering in ETH. Inject me some hopium please.

It's the only layer 2 actually doing something... People sold because alt coin panic... It didn't do as poorly as stuff like yfi though even. Also, it is one of the only things to increase in tvl and onboard projects during this time... Everyone from Ocean protocol to dark forest is using this.

It's not about contract safety it's that it is a custodial sidechain with no mechanism to dispute incorrect state transitions. POSDAO will not change this fact.

Makes no sense to look at market cap when it's all about staking rewards.

Next week's webinar about CBDC explains OMG's point. Could be good.

It's not 2017 anymore. We're beginning to see real numbers and are able to calculate prices.

What's the total amount of fees collected on xDai?

This is where OMG wins.

Yeah but nobody is going to use OMG. If you think CBDCs will save it you're 100% deluded. Also it has incredibly limited programmability.

OMG's mainnet currently is in beta since June. Adoption has only started.

>OMG
you need to wake up seriously.

Attached: 1600262156248.png (1029x831, 255.8K)

Looked it up myself. Site says $.01/500txs.
>5,254,153 TOTAL txs so far
>/ 500 = 10508
>* 0.01 = 105.08306
Not looking good for their value proposition of fee collection.