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This interoperable blockchains that you have as your feature, does it works like allowing me (suppose I'm a dev of my own blockchain) to migrate my coin to BSC and ERC without having me to build my token on said chain? For example, MII coin in a native token of MIKEchain, and I want them to be able to run on BSC to gain more traction. By using your service, I don't have to build my token on BSC, i just have to integrate MII to your system?
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Equalizer will have a very competitive APY and the chance to make more profit. Of course, investors have the freedom to choose where they put their money. Long term investors choose smart  That is what I'm trying to dig from you. I am sorry, I didn't mean to be rude, but I'm actually hoping for a more technical and selling answers, like explanation about your upcoming features and roadmaps. As you know, yield farming are everywhere these days, and flash loans is not exactly something you're pioneering at. There are giants out there with well established name who offered same features. Something as passive as "we have a very competitive APY" and "investors have the freedom to choose where they put their money" is not really selling and encouraging people to invest in you. |
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Do you charge processing fees for flash loans ?
yes, very small fees for each flash loan, that will go in big part to the liquidity providers of the specific asset Does that mean the income for liquidity provider are generated only from the loan fee? Is there no interest for each loan that the borrower has to pay? There is no interest for the flash loan that the borrower has to pay The income for Liquidity Provider is coming from loan fees plus yield farming (receiving EQZ governance tokens, the longer he farms the higher the APY) Wouldn't that rather counterproductive? For the investors side, wouldn't it be more profitable and attractive for them to put their money on AAVE to gain interest from lending, or doing yield farming on other platform with higher APY? |
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So here, let me ask again nicely: team details? Face?
There is no team yet - it started as a debate for a use-case on an existing coin-project - that faced some problems - and just beeing another pump and dump coin didn't seen desirable - some of those people showed interest in joining the debate (and no one came up with a different use-case), so the present stage is to get enough attention that a team can be built... Next stage would then be (if we would follow my provisional roadmap) launch a proper web-site and more social media-channels, discussing a charter for an institution (provisionally called the Jupiter-Colonization-Society) - create it as a public entity (And that would be the time for at least board members to come out publicly - so that you could see faces) - and only after that would the proper coin / blockchain be released, and listing on exchanges organized... (some of the people on the debate favour a swap from one - or possibly several - existing coin projects - but this would only make sense if a large part of those communities wanted to come along, IMO) So if I may rephrase bluntly, this project was either a PnD or something destined to just reach a planning phase (a stupid one, if I may add), with no team because your friends refuse to be associated with such wasteful project, no community, little to no possible future, and you're here because if you're lucky, you'll manage to fool some people to invest and waste their time or money into... jupiter... colonization? |
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Do you charge processing fees for flash loans ?
yes, very small fees for each flash loan, that will go in big part to the liquidity providers of the specific asset Does that mean the income for liquidity provider are generated only from the loan fee? Is there no interest for each loan that the borrower has to pay? |
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Just for the record, your aim is exactly inhabiting that planet (or their moons) with real and fully physical human being? Like, allowing an human named Tony to walk, have a dog, and live in Myriad Street No.8, Impossible City, Europa-Jupiter's Moon. Wow.
proposals for street names are welcome! if the first settlements could have streets in domed cities, or would rather be large grounded space stations, will have to be determined later - terraforming will certainly take a lot of time, if due to energy levels it might be possibel at all I'll casually mention how this prestigious project uses wordpress for their official website. Just say - it's intended as a community project, once a qualified web-designer joins the team, I have no problem to pay hosting on a proper server on our own domain... Second, for the case of Jupiter, how exactly do you plan to explore and land on a planet that's believed to have no hard surface? I'm well aware that there is likely no hard surface, and gravity on the planet would be to bad for humans anyhow - so clearly the plan can only include to settle the larger moons (size between Luna and somewhat larger than Mercury) and some space stations in orbit..
You (the dev of this project) are not sure that the project will succeeded? No, cross that. You are sure the project won't succeeded?
Without wide support from a global community - but not necessarily- or rather not - various governments or the United Nations- the project will certainly go nowhere. Thats why the route is building a community first, and not try to launch a ERC-20 or BSC-20 Token fast, and bring it on one of the trendy swap sites. This would be a clear indication of an intended exit scam - or ponzi.. So, we should take one step after the other, and it's a very long way to go - but while final success is extremely unlikely, its not impossible per se... I can't be the only one noticing you miraculously missed to answer what's arguably the most crucial part of my post. You even snipped the paragraph nicely so you could answer the rhetorical part and leave the important one. So here, let me ask again nicely: team details? Face? |
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I am trying my best to be positive and keep my eyes from rolling (because if I let it roll while reading this project, it'll went too far that it won't come back), so this project is just an institution-level program, right? In other words, you just planned a theoretical habitancy and not really have a plan to occupy jupiter?
Not really - how far the project could go, depends on how much support grows. If enough people support it, join a global community, and buy, hold - and accept as payment - the planned coin - so that it would grow to significant value, building a basic industry, space stations and a large colonial fleet might become a real possibility. To have sufficient funds for investing in technology and transportation, for the time until the colonies become self-reliant, the intended legal entity (here called "the Jupiter colonization society") would have to keep a large part of the total coin supply under it's control - to pay for investments - while coin holders could buy services from the JCS - including transportation, real estate asf with the coin, that should finally become the backbone of the financial system of the colonies. Only when the colonies will become close to profitable or self-sufficient could the society relax control and use the remaining funds to offer free transportation and housing to desirable immigrants (workers with special skills) or refugees in need. So - in the unlikely event that the project would succed, occuping the Jupiter system - rather the larger moons, and not the planet itself, would well be the goal... Just for the record, your aim is exactly inhabiting that planet (or their moons) with real and fully physical human being? Like, allowing an human named Tony to walk, have a dog, and live in Myriad Street No.8, Impossible City, Europa-Jupiter's Moon. Wow. First of all, I'd like to see people behind this idea. It's a quadrillion dollar idea, and maybe more. Literally. So yeah, I'd like to see the brilliant brain behind this idea. I'll casually mention how this prestigious project uses wordpress for their official website. Second, for the case of Jupiter, how exactly do you plan to explore and land on a planet that's believed to have no hard surface? I didn't put much effort on reading about it, but a short google search said it is a giant ball of gas. You didn't just... watched jupiter ascending, do you? Breaking news, you won't find Balem there, nor a floating pedestal for marriage. Third, this sentence So - in the unlikely event that the project would succed, occuping the Jupiter system - rather the larger moons, and not the planet itself, would well be the goal...
You (the dev of this project) are not sure that the project will succeeded? No, cross that. You are sure the project won't succeeded? |
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Members will grow with time.
Well, I should disagree with this statement. For a prestigious and well known projects, yes the statement is true. Project with well established names will attract members by itself. But for PnD project like yours (let's admit it, this is the true nature of your project) you need to create a hype, and usually it came in form of fake demand and baseless pump (I'll let it be known here that I'm not supporting this kind of project nature) |
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HOW?
lets organize, get attention, build a Jupiter-Colonization-Institution (might be a foundation or society).And then, as a means of crowdfunding, lauch an own Blockchain, with Jupiter Colony Coins giving people a stake in the project, and serving as the financial backbone.
I am trying my best to be positive and keep my eyes from rolling (because if I let it roll while reading this project, it'll went too far that it won't come back), so this project is just an institution-level program, right? In other words, you just planned a theoretical habitancy and not really have a plan to occupy jupiter? |
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Yap, that's possible and heavily used right now by traders and arbitrageurs. This is obvious not a manual task you can do it using a UI. These are tasks that can be done with automated scripts.
is there any video or steps to do that? because many newbie will confused about how your platform works and how much the minimum/maximum loan that can be made using it? Are these automated scripts available to anyone or is that something one has to write for themselves? examples will be given, customization will depend on any of us to identify opportunities and to execute the arbitrage I am sure aggregators will integrate this service in their products, for some sort of automation I understood the concept, thank you for explaining it nicely. Coincidentally, this post I quoted is related to what I wanted to know next. Will you providing such script? Or if you have no plan for it, will you consider doing it? I just thought it'll be convenient if all the things needed is provided by one platform |
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Guidelines on how to do it will be published. It will require some programing skills to do it, but for sure will be worthy What about my question? About the block, confirmation, and clogging, and about the trustless/collateralless method, I assume KYC is mandatory? That's the definition of the flash loan: Flash Loans are a unique capability available only on the blockchain protocol and represent an uncollateralized loan option that has to be returned in the same block transaction. Flash Loans enable you to borrow instantly and easily any amount, with no collateral needed, but only if that amount is returned to the vault within one transaction block. If this does not happen, the whole transaction is reversed and undo the actions executed until that point. This guarantees the safety of the funds in the vaults. Use-cases include arbitrage, collateral swapping, rebalance, liquidation, and many more. No KYC needed I don't think I grasp the concept quite correctly. If I may confirm, suppose I want to borrow 5 bnb that's available and provided by the vault, at a block number (let's say) 12345, the only possible scenario is either I managed to do an arbitrage within two exchanges I choose and the whole transaction opened and closed within #12345, or nothing happened because the whole transaction went through #12346? There is no case where I have to lose my collateral (perhaps set as default and agreed upon account creation or at some point somewhere) because the chain is clogged and my transaction went to the next block? |
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Exactly. Anything in dev fund is purchased with own money and contributed by goodwill for the community. No portion of supply is reserved for it.
Well, if that's the case, then I stand corrected and it is indeed fair and acceptable (in a sense) that dev are allowed to do whatever they pleases with the fund, since it came from their very own pocket. I saw that uniswap supply is also already bought and held by several holders. Although I can't be sure if they're early adopters or dev team themselves holding for profit with their own money, I still hope all of those holders got a nice selling price in the future. |
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Token Address: https://etherscan.io/token/0x4967Eaf73bA468Ff0c0Aa70DaD6f1cDe08430370Tokenomics 1000 trillion of token was minted at launch. This is the max supply of the token. Half of supply is locked indefinitely in Uniswap liquidity pool. No one can remove the pool at any time. The other half was sent to Vitalik Buterin address. This will have a burning effect on the total supply. The idea pretty same with AKITA i think, 50% lock and another 50% send to VB. https://bitcointalk.org/index.php?topic=5313752.0because of the rapid development of the token price, it's not wrong, more and more are popping up in search of a common fate. I think it's more to an attempt of exact copy rather than bearing similarities, this dev tried to mimic AKITA's tokenomy. If I'm not mistaken, akita itself was imitating shiba or inu something like that, aren't they? One thing that brought to my attention is how their tokenomy shows how incompetent they are, or perhaps qe should better say "a scam attempt without clear planning". Dev, explain this: You have 100 billions total supply, and 50% of it was sent to VB and the other 50% was locked forever on uniswap LP. So where exactly do the dev got their 5% dev fund from? You have 105% total supply? It was purchased in uniswap after the tokens are locked. This is to prevent whales buying all the tokens and dump on early users. Get in early while it is still cheap. How? With your own funds? Wasn't the scenario goes like this: right after TGE, 50% of total supply was sent to VB, and the other 50% to LP, so the project themselves didn't have any fund to do a "buyback" for their 5% since there were no presale or other crowdfunding event. |
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Token Address: https://etherscan.io/token/0x4967Eaf73bA468Ff0c0Aa70DaD6f1cDe08430370Tokenomics 1000 trillion of token was minted at launch. This is the max supply of the token. Half of supply is locked indefinitely in Uniswap liquidity pool. No one can remove the pool at any time. The other half was sent to Vitalik Buterin address. This will have a burning effect on the total supply. The idea pretty same with AKITA i think, 50% lock and another 50% send to VB. https://bitcointalk.org/index.php?topic=5313752.0because of the rapid development of the token price, it's not wrong, more and more are popping up in search of a common fate. I think it's more to an attempt of exact copy rather than bearing similarities, this dev tried to mimic AKITA's tokenomy. If I'm not mistaken, akita itself was imitating shiba or inu something like that, aren't they? One thing that brought to my attention is how their tokenomy shows how incompetent they are, or perhaps qe should better say "a scam attempt without clear planning". Dev, explain this: You have 100 billions total supply, and 50% of it was sent to VB and the other 50% was locked forever on uniswap LP. So where exactly do the dev got their 5% dev fund from? You have 105% total supply? |
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As far as I understand, someone made a bet on this coin. Since not everyone will figure it out, Elon Mast advertised this or another coin on his Twitter))
Read carefully, this project is dogee, with double E, birthed just matter of days ago, not the original doge memetoken from years ago. As someone with quite a rank, you should be able to know differences between projects and at least basic knowledge about doge, it has tons of pages from years of its journey, not mere pages like this. That fact enough should be able to tell you this is a different project. |
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Guidelines on how to do it will be published. It will require some programing skills to do it, but for sure will be worthy What about my question? About the block, confirmation, and clogging, and about the trustless/collateralless method, I assume KYC is mandatory? |
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Yap, that's possible and heavily used right now by traders and arbitrageurs. This is obvious not a manual task you can do it using a UI. These are tasks that can be done with automated scripts.
is there any video or steps to do that? because many newbie will confused about how your platform works and how much the minimum/maximum loan that can be made using it? Any amount, as their explanation said, although I assume this collateral-less will not work side-by-side with trustless system, so I assume KYC or any other trust system is needed. I'd like to try seeing this feature from as many perspective as I can for this very reason |
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I understand that this is an experimental coin, but why is it needed? There are already, as far as I know, Doge on the Ethereum network, why do we need another one?How to convince users to buy this particular token and for what purposes?
It could be another money grabber maybe, there are a bunch of scammers who have been using this opportunity to create more and more shitscam coins, and then they will be rugpulling the investor's fund. If we can buy real doge coin and why do we need to buy garbage coin like this one? I smell something fishy with this garbage coin. The purpose of shit scam token to be a money grabber for the creator. Judging from the dev's account itself was resurrected from nearly four years of inactivity and how un-innovative this project is? Yes, it is a hit-or-miss attempt to grab easy money. Just look at their tokenomy, they specifically state theh have the key to "dev fund" and has the right to use it. For what? We don't know. |
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So, continuing our previous discussion from the other thread you owned, in regards to the people's interests of your project, one thing that's should be aired and addressed is perhaps how low (by low, I mean literally zero) their enthusiasm to this thread, despite the noise you tried to raise.
With this fact in hand, we can assume they lost faith in you, and we can say it's well deserved, judging from how abrupt you leave them and didn't bother to give any explanation, and worse, changed the original website into a furniture shop.
If I may suggest, perhaps you should explain previous issue and clear your name first before taking another step forward
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The borrower didn't have to put collateral for the fund they borrowed if they can return it within the same transaction block? In amateur non-technical dumb way, how long does a same transaction block span? One day? One week? One minutes?
Depending on the blockchain, the block time is different: on ETH - block time is an average of 15 seconds on BSC - the block time an average of 3 seconds This is the time frame you have the loan in your wallet and build your own trading transactions. It looks short time, but it's enough to execute an arbitrage trade, for example. That's what confuses me, let's take BSC's blocktime for an instance, with 3 seconds window, we were expected to borrow, initiate whatever transaction we needed the fund for, close the transaction, and returned the fund back? Honestly curious, is it practically possible? Yap, that's possible and heavily used right now by traders and arbitrageurs. This is obvious not a manual task you can do it using a UI. These are tasks that can be done with automated scripts. Through exchange's API, I presume? What'll be the prevention method for slow confirmation? I have to admit I never bother to learn about confirmation, block, and their cloggings, so I'm not sure if what's running on my mind is correct. but aren't they related in a sense where a lot of transaction happens and it clogged the system, miners need a lot of time to confirm each transaction and the said transactions could take several blocks to get through? |
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