What the fuck is Haven? Glad you fucking asked. Haven is an advanced fork of the original (and the goddamned best) private cryptocurrency, Monero. Yeah yeah, I know. Another fucking Monero fork. So. Fucking. What?
Here's what fuckface; Haven has introduced the world's FIRST motherfucking PRIVATE, ALGORITHMICALLY BACKED STABLECOIN, xUSD. If you don't understand the implications of this, maybe you shouldn't be playing with cryptocurrencies :slight_smile: In addition to the currently active and fully functioning xUSD, Haven is working to implement a wide variety of other algorithmically backed stable x-assets such as xEUR, xCNY, xBTC, xGold, xSilver, and fuckload of others.
The utility that this offers, especially in the face of what's to come, is immense. I know fully that Haven will be instrumental in the near future.
Didn't you see that Stable Act congress bill? This push is terribly bearish to all stable coins. Won't put my money into this. Sorry.
Jordan Reed
That bill misses Haven completely. It says nothing about algo backed coins, only about securities. It is extremely bullish imo.
Charles Diaz
even if it were (it's not) how do you censor a private stablecoin you can buy on a DEX lol, I agree many stablecoins will die but it makes xUSD (and haven as a whole) even more attractive
Carter Adams
I have 2k, will I make it ?
Eli Richardson
try getting closer to 4-5k imo, my 2021 target is $50-$100 but it could get so much higher in the next few years... Like 10B market cap, 1M supply (so $10k xhv) could definitely happen lol
Eli Ward
you think nealry 13m xhv will be burned and xusd minted? I do feel that once we break the current triangle formation, this will run to $75 very quickly
Carter Allen
also when are we getting more exchanges, the audit was finished a long time ago
Samuel Hall
burning that much xhv will take time but it may happen for a few reasons: -new xAssets are coming and there is no limit on the number of xAssets (who knows, maybe a few dozens in 2022?) -holding xAssets will be more attractive soon (more exchanges, reward from thorchain liquidity pools, more regulations which make privacy compulsory, maybe loans...) -the team has hinted at a *definitive* fee burn which may be implemented in Q1 2021 The future is bright user
top 10-15 is coming very soon (check lasts dweab posts on discord), thorchain integration is being worked on right now, we may have to wait a few months for a top 5 (huobi, binance, kraken...) but it's very likely to happen imo
