At least BAY is holding 20 cents. It's out of our control that the crypto space isn't like the good days of altcoin liquidity. Now we need to look for more traditional liquidity methods to increase supply.

Well anyone can use double deposit on our markets client.

However for a full orderbook best chance is to list on Blocknet we just have to push the customized code updates for them

The terms essentially mean the same thing, a market maker provides liquidity. And well, they would do a few things. First of all they would put up buy support. Then they would attempt to make money on the spread. So lets say they offer to buy 10 BTC of BAY at 19 cents. They maybe even know that 10 BTC literally buys up every single coin on the market so they are over-leveraged. Next they place a sell at 21 cents. If they want to inflate they can push the spread to 22 cents. Then when the users trade BAY they get the stability they wished for AND the liquidity. Therefore they can safely compete with Tether and eat their market share.

The liquidity provider attracts traders because many traders would be scared to buy into a coin that they can't cash out of. So the liquidity provider gives the new traders the confidence to get involved with BAY which is basically the only thing we are missing right now.

This way a person who puts up the money makes almost 10-15% on every trade. And other users might bid in between the spread they set. To protect them, chances are we would encourage them to put their bitcoin on a multisig exchange or a DEX

That way, they don't risk hacks and can put lots of BTC up.

They also get profits when their BAYR releases as BAY.

We have multiple methods for a liquidity provider to profit, and there are many more than I'm mentioning in my proposal.

An angel would be a bit different as they would not only invest in the liquidity but also in exchange partnerships, dex and multisig, development of web markets and marketing. So not only are they eating Tethers market share but they are also arming us with the ability to market it. And they are doing it without any liabilities because the dynamic peg isn't a "stablecoin" it's a system that protects against volatility and makes it easier to be stable. If the number of market makers increase then it's even easier to hold the price at an inflated supply because when one market maker cashes out, there would be multiple more to replace them and you can deflate if a crash were to happen.

As we have proven that we can do so much with no budget, imagine what we could do with a budget!

Don't worry, actually I was pretty sure it wasn't meant that way. And yes although the community has claimed a high marketcap I think perhaps it's their excitement just to see the peg working. Not sure of their intentions. Sometimes I will say we have 200m+ marketcap because I'm talking about Coingecko or Coinmarketcaps representation that if they choose to not track the peg changes then why aren't they at least ranking us properly. Perhaps we don't deserve to be at the top yet due to low liquidity but we don't deserve to be at the bottom where Coingecko puts us either. And yet CMC deletes our charts sometimes and they currently don't even tell people where to buy it and that's frustrating considering we are a veteran project. So it's not so much that they don't put us on to page one, I understand why they don't do it but they shouldn't hide our exchange pairings. Although we did hear back from CMC and they said they were working on fixing the issue so we can hold them to their word there at least.

Also I have mentioned it due to the double standard they are holding by ranking coins with less than 3 exchanges in top 200 even though that violates their conditions and they used to rank us top 200 when we had only one exchange perhaps because we were already an old project. But then they removed us from the charts once we lost our last exchange only to restore it as an un-tracked listing. And then they rank scams and scam exchanges so I usually am more concerned about all of that because the marketing we get from CMC will almost always be the best and most consistent traffic to our website.

By the way, I agree with you 100% although we know where BAY deserves to be, we need to let the new investors know about a realistic cash in and cash out scenario. It's no problem for an investor to use the peg for a few grand but if they want to invest more they should be educated on the project and looking at BAYR and looking at potentially even being a market maker or help us on to more exchanges or something. So absolutely we should remember to mention this when on boarding new investors. This is why I want an angel or liquidity provider because then the idea of cashing out safely becomes very real to new investors.

Yeah you are correct. And isn't it an interesting coincidence that I completed the dynamic peg and had it listed literally the same month that the powers that be sabotaged the world economy? 

I did expect this economic collapse to happen which is why I worked so hard trying to finish the peg in time. Because I knew that other cryptocurrencies although good store of value against a crashing dollar can't protect themselves against a crash and can't keep a stable value.

We have to believe that there is a large scale liquidity provider out there who can reignite this. Either that or a collective group of investors that naturally shows up.

Haha definitely a new one, thanks. I had to look up the saying it's interesting. 

Sorry, I was just feeling like we were being ganged up on. Shadyinblue used the word "deceptive" and as you all know I made double deposit as a solution to deception so it bothers me that our integrity was brought into question.

As for dissent, I agree with you. Dissent is okay, criticism is okay. I'm just reassuring you all that we are doing our best.

And saying we need a marketing budget is true. I'm trying to not waste money as it's illogical to spend unless we have a real solid budget and plan!

We can hope for the network effect, we can't count on it.

We have to see the realistic possibility of potential ways this can fail. Even though we all will run this blockchain until the end of time. We need to have a realistic idea of how this coin is going to get the basic investment it needs. If we talk among each other our time is better served going out and talking to others about the project. I'm exhausted and could really use the help.

So instead of worrying so much about the chart sites that are out of our control and the apparent wash trading which is also out of our control why don't we just focus on ways to attract liquidity providers?

If we only had a million in liquidity with maybe a half million in operational or marketing costs we would be kicking ass right now. And it's even more frustrating because people will spend a million on artwork or on a yacht. And if they invest here not only could they save our project but probably make tons of money doing it. We have the product, now all we need is the users.

Dude why are you shilling your own community? We don't have control over Latoken, traders do what they want. Unbelievable. Name one coin that traders don't wash trade. It's not in my control. I don't pay any attention to the trading side of things, I just did the coding.

So what are you recommending, that we tell our community to not trade? Drop volume to zero? Tell CoinGecko to delete our listing? Tell CMC that we don't want them to list us? You gonna kick us when we are down?

We already told them about the variable supply, if they don't track it after it being explained to them thats their problem, we don't run CMC/CoinGecko. We don't run Latoken.

Marketing changes? Are you willing to pay for our marketing? We aren't funded, if we were this wouldn't be an issue. Go find us funding and then come back and talk about marketing changes. I said I would code the peg and said our price would be stable. Just goes to show can't make everyone happy no matter what you give them. Also marketing won't be of use if there isn't liquidity. That's why we need new investors. Specifically large investors and whales.

Also I've seen a few users complain the supply is too low. Well guess whose fault that is? That's right, the lack of BUYERS. If you want the supply to increase you have to support the market. Changing the liquid supply does absolutely nothing to help cash you out when there isn't buyers. You either want stability or volatility, you can't have both! This stability is always going to be in parity with the demand. Double the supply and the price will cut in half and you gain nothing other than to selfishly dump your bag on the holders. It ain't gonna happen unless everyone votes for it to be the case.

Again a reminder to all the bears out there, if you don't like it, you can sell your BAYR. So clearly this is not about lack of liquid BAY, it's that you can't get that 20 cents on your BAYR so you are crying about it. I say GREAT! I would rather the people who put up BTC on the orderbooks to feel safe from getting dumped on. That is precisely the reason nobody buys altcoins anymore. It's the problem we SOLVED!!

You want a coin without a dynamic supply go invest in Dogecoin. Seems people WANT Dogecoin.

Actually, CoinGecko is not doing that because of the supply, they are doing it because of low liquidity and not enough exchanges and volume to justify the high ranking. They would list circulating supply as normal except they are doing this due to low liquidity levels. Also they didn't feel like the volume of Latoken was genuine.

When the supply increases then reserve can convert to liquid. If you chose to sell your liquid then your reserve balance would be zero. If you want to trade reserve coins you can on the BAYR market.

It wasn't our decision, they were made aware of it and they chose to leave it as is. And CMC is too busy deleting our charts for no reason let alone to make a special service just for tracking it. Did you not read the part when I said that we TOLD CoinGecko about it? What, would you prefer that we don't show on any charts anywhere? I explained the options and they chose this one.

Yeah however they would need to track it to be totally accurate and also list BAYR as another market. Or they can add both marketcaps based on prices.
When we told coingecko about this they decided to leave it as is and let the BAYL price reflect marketcap. To us its fine either way because its good marketing if they choose to leave it as is.

Yeah I feel like we have dealt with many years of censorship. Such an important innovation and our charts PROVE that we are able to curb volatility. Yet almost no articles about it. Is the news really "pay to play" nowadays? I have some doubts and feel like maybe we are being interfered with.

With that said CoinGecko felt we didn't have enough buy support.

Liquidity providers might change all of that and open all of these doors. That's the only reason I've taken an interest in it. We have the product, now all we need is users.

Note that anyone who provides liquidity or large scale investment is an independent agent which is perfect for a decentralized project. They can if they want just support it on exchanges or even off the exchange and they should be able to make great money doing it as we have no competitors in the land of decentralized anti-volatility

Yes that's why we can't just list on any exchange. They have to track it to guarantee withdraws. We designed a demo exchange just to show exchanges how to do it. So changes in ratio of BAY/BAYR are tracked for every user. Its precise. Like if you buy liquid right now on Latoken then that is the "premium liquid" and it stays liquid longer especially if you withdraw it from the exchange. However yes, your BAYR deposit if some of it switches to BAY it will happen automatically.

As for tracking the QT wallet shows you in real time the votes. I really need to add that to the Halo wallet but currently the Halo/Markets wallet doesn't show the current votes, it just shows the supply. The QT wallet also has a way to visualize your account inputs to see exactly how many coins would switch at each peg index.

Most stakers vote for the "algorithm" which tracks 20 cents with a 1% monthly increase in floor with the potential to set new floors on dramatic pumps. This algo may be subject to change but it's working really well so far! We are in fact 20 cents just like we promised. I feel like that is one of our greatest accomplishments considering we proved we can do it without any liquidity and low volume. Imagine what we can do with liquidity!

Users are free to diverge from the algo and sometimes they do for certain reasons. For now, it makes the most sense to hold the price.

If the price goes above 22 cents roughly it triggers inflation and thus some BAYR coins from some of the users might convert to BAY depending on their liquidity array.

The coins will receive as reserve in Latoken in one month. You can then trade them on BAYR markets.

If supply changes and increases, some coins may become BAY. If the supply decreases some BAY coins shift to BAYR

The ratio of BAY/BAYR changes when the supply changes. Supply changes happen due to stakers voting when winning a stake.

The more liquid a transaction is, the more likely it will stay as BAY longer. The less liquid, the more likely it stays as BAYR longer.

This always depends on the liquidity shards in the array of the coins you sent. This can be seen very clearly in the QT block explorer.

That's not an option in the wallet. The option is to simply send reserve to another address which locks it for a month. You should really read up on the mechanics of the peg.

https://www.docdroid.net/d5wcK4D/dynamic-peg-visual-technical-reference-20190528.pdf

That pdf explains how it works.

If you already sent reserve then in one month you can trade it based on the liquidity shards, chances are it will be mostly reserve unless inflation happens and some becomes liquid. You can not change a coins liquidity shards by sending it, the recipient gets exactly what you sent.

The allocation of liquid/reserve is determined by the supply and the liquidity shards. So at the start of the peg all inputs are considered new and have 1200 liquidity shards each containing 1% compound except for the last shard which contains the remainder. Then the supply starts at 0 index which means 100% liquid and 0% reserve for all users.

Then as users vote to deflate shards in that array are converted to reserve, and they would convert back to liquid upon inflation.

The reserve coins can be sent with one month time-delay and that has no effect on their liquidity shards so upon receipt their ratio of BAY/BAYR is still determined by the supply index. In other words, you send precisely what you send. In fact, each time you send every tiny little shard in the array that you are sending is accounted for and tracked. So the precise liquidity and speed of inflation/deflation of each transaction is known down to the last satoshi.

There is no way to game this system. The supply index is what determines how many coins are in circulation and it's fair as it effects all users and all users have influence on the supply index when they stake/vote.

Yeah exactly, if you sent reserve to Latokens receive address it will be locked for a month and when confirmed it will still be seen as reserve if the supply remains the same.
You should read up on the peg to see how it works. The supply is dynamic and controlled by the community. This is what protects the price.

Currently CoinMarketcap is sort of censoring projects by requiring them to meet certain liquidity levels. Whats odd is some projects they don't enforce it on and others they do. In fact they used to let us hit the top 50 but then after we changed exchanges for the peg they started treating us differently.

When he said "completely integrated" I think he was referring to being grateful that they restored our charts. Coinmarketcap has a bad habit of deleting our charts when trading on Latoken goes down... I get the feeling we are getting picked on by them but I am unable to prove it.

Regardless, if we get with a couple more exchanges and get a liquidity provider or some angels then we can start attempting to eat away at Tethers market share. As we have proven that we can hold any stable price the community wants.

When you send liquid coins to the address Latoken will register them as such. As you say its the same deposit address, should be fine.

Latoken might have different deposit addresses even though liquid/reserve coins are simply determined by peg index and could in theory be sent to the same one, just deposit where they ask you to when depositing one or the other.

And no, it's not possible to convert reserve to liquid in that way. That's why the peg works. The only time reserve becomes liquid or liquid becomes reserve is by a change in the supply of the system.