Posting a link here to you are content is enough to take part of the contest, but why have you made duplicate topics about the same thing? |
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May I know where you plan to list this currency and how they can guarantee that the price will be fix to USD value?
It is generally not allowed to announce listings before they are actually listed. Bonded Stablecoins are backed with GBYTE, so speculators are incentivized to keep the price on-peg by buying/redeeming governance tokens or interest tokens. Let's say if I join a video contest, to be eligible, I am required to buy a small amount of IUSDs correct??
Where did you read that? There is no such requirement, but it's likely that good content is created by people who have actually have used that dApp. |
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We launched a contest for the best content promoting Bonded Stablecoins: The prizes are: - 500 IUSD for the best video; - 500 IUSD for the the best article or forum post (own blog, bitcointalk, reddit, medium, steem, hive, etc); - 100 IUSD for the best tweet. Use your referral link in this content. Details: https://bitcointalk.org/index.php?topic=5290195.0hello sir I am still confused about adding a wallet at https://ostable.org/ and I am confused about how to send GBYTE to get iusd, and I see there is no trading with other pairs I hope in the near future to make more pairs, and besides it is whether this contest depends on how many are successfully invited and they have to follow to fill their balance, and if not we don't get anything from the results, for example signiture You install the wallet app, you enter the amount of IUSD you want on ostable.org and you click the buy button. The wallet app open for you to confirm the transaction. ostable.org is like exchange, you can always trade your IUSD back to GBYTE. on ostable.org or oswap.io, you can also exchange IUSD to OUSD. The contest for best content for promoting Bonded Stablecoins has nothing to do with how many sign out, but obviously that could be one of the criterias to determine what is the best content. |
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If you want to participate in the referral program by having your referral link in your Bitcointalk signature, feel free to use the below signatures:
Is there any requirements as to the numbers of posts per week to be eligible for award from this referral program or one just needs to wear a signature with the referral link and get payment when someone click on it ? It seems to be as a new way of Gbyte distribution, is that correct? Number of posts or clicks on Bitcointalk doesn't matter anything, maybe just increases your chances of anybody buying any Bonded coins. It's same referral distribution, so you benefit from it when new user who has never used ostable.org before, buys any token there. |
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I'd like definitely see exchanges with Obyte / FIAT markets, or at least Obyte/USDT market.
There will be no liquidity without well-known exchanges.
Any plans from Obyte to buy-in exchange listings?
Bittrex Global and Bittrex US are well known, but if you need liquidity then you need to add your order to orderbook. Most people just dump or fomo at market price. Bitladon has GBYTE/EUR pair. Bit-Z has GBYTE/USDT pair, but nobody uses it. https://coinpaprika.com/coin/gbyte-obyte/#!exchanges |
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No, the lock starts from the date you deposited the pool tokens to AA, the first snapshot is on 28. November. On that date, you get GBYTE rewarded to your address and when 7 days have past from your deposit date then you are free to withdraw the pool tokens from AA if you wish, but it would make more sense to compound the yield and add the rewarded GBYTE from distribution to Oswap.io pools again, which will give you more pool tokens. If you then add the new pool tokens to https://liquidity.obyte.org/ AA then the 7 day lock is extended another 7 days. You can click on your address on https://liquidity.obyte.org/ and it will show you how much longer it is locked and there are buttons to withdraw or add more. These dates are a big mess. You said "the first snapshot is on 28 November" but article says the first distribution is scheduled for October, 28th. The distribution a month before snapshot? Either I don’t understand something or you got it wrong. Should I withdraw my LP tokens from AA after the first round of distribution and then return them back to AA to participate in the second round or I may leave them with AA for the whole span of all rounds to be eligible for getting reward. My mistake, i meant 28 October, i somehow was already thinking that it's November. No, you do NOT have to remove LP tokens from distribution and then add it back to LP distribution, that would make no sense. What is already there will take part of next round too, it's even recommended that you get more LP tokens with the reward you got because then you will compound the interest. |
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Good to hear that, I'll give it a try. In what proportion this 100 GB will be distributed between pools, equally or on the base of funds (measured say in dollars) the given pool accumulates? And what about time-framing, what should I expect to get when locking my tokens in the pool not for 7days (Wednesdays to Wednesdays) but for 3 days in the middle? You cannot lock for 3 days, it will be locked for 7 days, the snapshot of funds sent to AA is taken once per week and 100GB is divided between all the depositors based on the value of the assets in GBYTE. Each pool has it's weight shown on website and these can change in future. Thanks, so after the first snapshot the tokens will be locked for 7 days? then when the first snapshot, on 28.10 or it was today? And to get reward should I remove liquidity or reward will go to my wallet automatically? in what form, in form of GBytes or tokens? and how to get locked tokens back? No, the lock starts from the date you deposited the pool tokens to AA, the first snapshot is on 28. November. On that date, you get GBYTE rewarded to your address and when 7 days have past from your deposit date then you are free to withdraw the pool tokens from AA if you wish, but it would make more sense to compound the yield and add the rewarded GBYTE from distribution to Oswap.io pools again, which will give you more pool tokens. If you then add the new pool tokens to https://liquidity.obyte.org/ AA then the 7 day lock is extended another 7 days. You can click on your address on https://liquidity.obyte.org/ and it will show you how much longer it is locked and there are buttons to withdraw or add more. |
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Good to hear that, I'll give it a try. In what proportion this 100 GB will be distributed between pools, equally or on the base of funds (measured say in dollars) the given pool accumulates? And what about time-framing, what should I expect to get when locking my tokens in the pool not for 7days (Wednesdays to Wednesdays) but for 3 days in the middle? You cannot lock for 3 days, it will be locked for 7 days, the snapshot of funds sent to AA is taken once per week and 100GB is divided between all the depositors based on the value of the assets in GBYTE. Each pool has it's weight shown on website and these can change in future. |
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Bonded stablecoins can take somewhat odd turns and enable creation of stablecoins pegged to ... the price of their own reserve. The newly launched IGB is one such example, it is pegged to GBYTE + 16% interest. There are no oracles at all, no external price feeds. The corresponding stable token OGB is pegged to GBYTE. Unlike other bonded stablecoins which create positive externalities by creating tradable assets that didn't exist before, IGB is a purely speculative token, it allows to make GBYTE by locking GBYTE, similar to staking, similar to full moon airdrops we had before. https://ostable.org/trade/UH6SNZMZKHWMRM7IQZGFPD5PQULZZSBI#buySo I pay Gbyte for IGB, hold the latter in my wallet and after redeeming it in year get +16 % in return, is this correct? Measured in months it gives approximately 1 byte for every 100 bytes converted to IGB. Full moon airdrop was at least 10 times this estimate. Yes, for every 1GB, you get 96.666MB per month, which is pretty good when you compare it with other interest bearing tokens. The reason why it can't have as insane APY as moondrops is that this interest is not coming from distribution fund, but from keeping the price on-peg. Keep your eyes open for upcoming distributions, there is already one https://medium.com/obyte/distribution-to-buyers-of-bonded-stablecoins-4854b4570a03Also, providing liquidity to low-risk pool can be profitable, there is link to Google Docs with all the pools in this post https://medium.com/obyte/ask-not-what-obyte-can-do-for-you-ask-what-you-can-do-for-obyte-7c07b30d894c |
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Wow, installed it and made a couple of new bets, hope new version will bring me a luck. Does smart contract record my IP? Or is it better to connect Obyte client via TOR to be safe? I saw client offers such option (in its settings) to connect via TOR, but never used it.
I always use TOR if it is integrated in the software and can be selected as the default connection. Very interesting implementation of peer-to-peer bets on the directed acyclic graph Obyte. I think many players will be happy to know that it is possible to completely exclude a third party from the betting. There is also a guide how to use the P2P betting between 2 persons without needing the chatbot to find bets. This excludes even chatbot from the bet, ideal between 2 friends who doesn't want to deal their bets in cash https://www.youtube.com/watch?v=rLxHp5hyUOM |
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Wow, installed it and made a couple of new bets, hope new version will bring me a luck. Does smart contract record my IP? Or is it better to connect Obyte client via TOR to be safe? I saw client offers such option (in its settings) to connect via TOR, but never used it. Smart-contracts doesn't store any personal information other than your wallet address and these smart-contracts are not even public before you or chatbot withdraw from it (if the conditions let them). IP could be recorded by Hub, which light wallets use a lot to get their balances and history. If you are a full node then you connect to Hub/Relay only to find other peers and you doesn't reveal other personal info. So, TOR could give little privacy for light wallets, but if somebody really wants, they could find all the IPs that have ever asked history about certain addresses and see if you sometimes forgot to use TOR and have connected from real IP multiple times. But this a danger only if law enforcements gets interest in your activity, all chat messages are encrypted and cannot be read by Hubs. The real benefit of TOR is for full nodes who doesn't want to be known where they are located, especially Witnesses (Order Providers) https://stats.obyte.org/worldmap.php |
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I will do check this out Ill like betting on sports I hope they have basketball and Tennis also and I need to check Obyte I have no idea of this platform but it looks like a good betting site for sports
There is NBA basketball, but no tennis. Basically, only team sports, where you can bet "Home win or Away win" or "Home win or draw or Away win". Until there is no v3.3.1 version out (should be any day now), download v3.2.0 instead https://github.com/byteball/obyte-gui-wallet/releases/tag/v3.2.0v3.3.0 has bug that prevents making payments to smart-contracts. My wallet is 1-of-2 multisig one. I have updated one of two clients to 3.3.0 while the second client is still 3.2.0 version. I guess that second client can be used for betting even in this case and the payments go to smart contract. Is that correct? Yes, the bug is only happening on v3.3.0 and I think you can downgrade to v3.2.0, but if you have wallet with v3.2.0 then that should still work. There is already v3.3.1 for Mac and Linux, but Windows and mobile apps will take little bit more time, but should be out soon. |
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I will do check this out Ill like betting on sports I hope they have basketball and Tennis also and I need to check Obyte I have no idea of this platform but it looks like a good betting site for sports
There is NBA basketball, but no tennis. Basically, only team sports, where you can bet "Home win or Away win" or "Home win or draw or Away win". Until there is no v3.3.1 version out (should be any day now), download v3.2.0 instead https://github.com/byteball/obyte-gui-wallet/releases/tag/v3.2.0v3.3.0 has bug that prevents making payments to smart-contracts. |
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Small news: Don't update to v3.3.0 release just yet, it breaks paying into Sports Betting smart-contracts, wait for 3.3.1 update. No funds will get lost when using 3.3.0 - all attempts to pay into smart-contract will pay to your own address instead - so you are basically sending it back to yourself instead.
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I wouldn't compare Witnesses (Order Providers) with Masternodes. Masternodes are more like Obyte Hubs/Relays, which anyone can run without any collateral (hubs/relays don't even have wallet in them, just copy of the DAG). Order Provider doesn't even need to be powerful machines, Obyte Hubs/Relays need to be way more powerful because they service light wallets by accepting incoming connections. Order Provider just need to be reputable person or company and they need to hide their node behind TOR, so it would look like any other full node on the network. Pretty much all that Order Providers do is that they make a payments to themselves from time to time (depending how much other transactions are posted, they move their own funds back to themselves). This helps other nodes know, which direction should the DAG grow. Sometimes, Order Provider could be Oracle too, then they don't just move their funds, they post some additional useful data to the DAG with that transaction, but since everybody knows the address they use, their data can be used in smart-contracts and Autonomous Agents. |
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Just one more match where I hit the spot. Chelsea FC vs Crystal Palace FC, I have bet on Chelsea and the team didn’t let me down, the match ended with a score of four to nothing. It’s a hell of a way to bet, BTW, also on NBA and NFL events.
Nice, this reminds me that I should poke the developer to fix the chat texts. These texts contain words we no longer use. |
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Which exchanges delisted?
You are right it was only my thought which I never checked correctly but now, to be honest, I don know what is worst? That Obyte or Bytebal was not delisted or that it's for so long, listed only on one relatively small exchange Bittrex? This shows that exchanges have no business in listing Obyte which makes it hard to buy and sell for potential investors which equals low volumes and suppressed price. Not sure how is it bad that it's not delisted? Bittrex is not small, they are very legit exchange. Exchanges are unfortunately not interested in coins that have small communities. So, the price needs to pump, everybody should start making noise about Obyte and then exchanges will have a new look at coin. Bonded Stablecoins is the new best chance, the Killer dApp that Obyte needed. Just my 2 Obytes.
Obyte is the project (there is only 1 Obyte), the currency would be Obyte Bytes (ticker: GBYTE). |
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...You don't even know what you're talking about but you start throwing insults around straight away. Pretty damn sad.
I just can't grasp it and think that many of you too because if we have great tech, development and additionally whales backing up the project, then we have the best recipe for success. So what happened, why it's going like this all the time? to be short - IMO, lack of materials like articles, videos, posts on forums etc. that explain all project technicalities in simple, easy to understand wordings. Take for example ostable.org. It is full of ink-horn terms like "capacitor" etc. that talk over one's head but common people won’t waste their time dealing with them. I have created four threads (two of them are in Russian local) here, on bitcointalk, to show in simple pictures how things work, and I call upon all those who are not indifferent to the project follow my initiative. Thanks for spreading the message, great initiative, we need more explanation from different people because people understand things differently, so more people different people explaining things in their way will reach more people who think the same. |
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