Obyte: Totally new consensus algorithm + private untraceable payments

[tarmo888]

I'm trying to understand the liquidity mining process before putting up any money. Can someone explain to me how the stablecoins are involved?

I see a list of viable pairs for liquidity mining on Oswap.io, and I see a list of available stablecoins on Ostable.org, but no overlap between these lists.

To my uninformed perspective, it would seem that to provide liquidity on Oswap, I need to turn up with GBYTE and to take one other example, USDC.

The guides I've seen all indicate minting stablecoins specifically from Ostable is key to the process though so would love for someone to just breakdown the relations.

Thank you.

Eligible pools (weight):
GBYTE-USDC (100%)
GBYTE-WBTC (100%)
GBYTE-ETH (100%)
OUSD-USDC (100%)
OBIT-WBTC (100%)
OETH-ETH (100%)
https://liquidity.obyte.org/

Obyte native coin - GBYTE
Counterstake.org: USDC, WBTC, ETH - bridged from Ethereum
Ostable.org: OUSD, OBIT, OETH - stablecoins backed with GBYTE

[drays]

I wonder how to actually remove liquidity from the pool, i.e. get my money back from there?
I was able to put some funds on GBYTE-USDC and USDC-OUSD markets quite a few months back. Noticed lately that payments from the pool have stopped 2 months ago. So wanted to remove the liquidity. Is there any write-up on the procedure?

[tonych]

I wonder how to actually remove liquidity from the pool, i.e. get my money back from there?
I was able to put some funds on GBYTE-USDC and USDC-OUSD markets quite a few months back. Noticed lately that payments from the pool have stopped 2 months ago. So wanted to remove the liquidity. Is there any write-up on the procedure?

Most likely your money is in the pools that are no longer rewarded. Use the address lookup in the upper right of https://liquidity.obyte.org and withdraw.

[matt4054]

Good to see there is still some development going on.
Sadly I lost back then all my BlackBytes after migrating to a new client. Good old times 😂

I was having nostalgia too from the Byteball days.
Yes indeed, it is good to see the development of the project is still going on. Keep up the good work!

[drays]

I wonder how to actually remove liquidity from the pool, i.e. get my money back from there?
I was able to put some funds on GBYTE-USDC and USDC-OUSD markets quite a few months back. Noticed lately that payments from the pool have stopped 2 months ago. So wanted to remove the liquidity. Is there any write-up on the procedure?

Most likely your money is in the pools that are no longer rewarded. Use the address lookup in the upper right of https://liquidity.obyte.org and withdraw.

Thanks for your reply! Actually I did withdraw, and got OPT-USDC-OUSD and OPT-GBYTE-USDC tokens back in my wallet. What to do next to get GBYTE for them? I tried using https://oswap.io/#/pools to remove liquidity from pools, but no luck, I just get some error messages... I noticed they seem to use a different token "O2-xxx" instead of "OPT-xxx", so there should be a different webpage to remove liquidity form older pools?

UPDATE: nevermind, after some guesswork, I found https://v1.oswap.io/#/pools . It seems to work well.

[tonych]

UPDATE: nevermind, after some guesswork, I found https://v1.oswap.io/#/pools . It seems to work well.

Yes, it was moved to v1 subdomain. It was announced on discord and twitter, sorry we didn't copy this info here.

[zazarb]

Nice to see that that something is still going on, (I am a holder from ancient times   )
will probably need to try to play with  "liquidity "...

[Buchi-88]

Bittrex have update your APIs so i think that's the reason why the site https://trade.obyte.org/ has no function any more? I think Obyte must update the API on there side, here are the notification from Bittrex.

https://bittrexglobal.zendesk.com/hc/en-us/articles/5265676037277-V1-1-API-Deprecation-June-2-2022

[tonych]

Bittrex have update your APIs so i think that's the reason why the site https://trade.obyte.org/ has no function any more? I think Obyte must update the API on there side, here are the notification from Bittrex.

https://bittrexglobal.zendesk.com/hc/en-us/articles/5265676037277-V1-1-API-Deprecation-June-2-2022

Bittrex had a 12-hour long maintenance and that brought trade.obyte.org down as it couldn't fetch trade histories. The deprecation of the old API also affected us and we had to upgrade the price oracle as well as some bots. Everything got back on track within a few hours.

[tonych]

Wallet version 4.0.0 has been released https://github.com/byteball/obyte-gui-wallet/releases

What's new:

* Desktop versions were migrated to a new platform: from NWJS to Electron. Please back up before upgrading.
* A security vulnerability has been fixed that allowed reading unencrypted private key under some circumstances when the key is encrypted with a password (access to the file system is required).
* A separate build for M1/M2 Macs, it's blazing fast!
* Removed an empty bar at the top of the window in Windows and Linux versions.
* Contracts with arbitration are now integrated with arbstore.org and ready to be launched.
* Fixed a bug that crashed the wallet when viewing blackbytes transactions.
* Fixed creation of backups on recent Android versions
* Multiple smaller bugfixes and improvements.

Upgrade notes (for desktop versions):
* The data folder has been renamed from byteball to obyte.
* The data folder on Windows has been moved from Local to Roaming (was C:\Users\username\AppData\Local\byteball, now C:\Users\username\AppData\Roaming\obyte.
* The app automatically discovers the old data folder and moves the data to the new location. However, creating a backup (and additionally making a copy of the data folder) before the upgrade is strongly recommended just in case.
* On Windows, please uninstall the previous version before the upgrade to avoid confusion (uninstall doesn't remove your data).
* On Linux, remove the old AppImage files to avoid accidentally running them and creating a wallet under the old data location.

[tonych]

We've just launched Prophet -- prediction markets based on bonding curves.

Sports betting, predictions of currency rates, and any other prediction markets. Make bets on future events, or just provide liquidity to markets and earn trading fees.

Thanks to being based on bonding curves, liquidity is always there when you want to make a bet.

Liquidity providers make money by betting on all possible outcomes and getting a portion of trading fees independently of what the outcome is.



Currently supported competitions:
* UEFA champions League
* Bundesliga
* Premera Division
* Ligue 1
* Serie A
* Eredivisie
* Campeonato Brasileiro Série A

Binary options:
* Cryptocurrencies
* Precious metals

https://blog.obyte.org/introducing-prophet-prediction-markets-based-on-bonding-curves-3716651db344

https://prophet.ooo/

[tonych]

Prophet.ooo has got an update! Now when you post a link to a market on twitter, discord, telegram, facebook, etc, a rich preview will be shown like in this example: https://prophet.ooo/market/RZJADDNGW56JKEBSO5KAGZYOVRKXZVSW



So, now you can do the following:
- create a market
- add liquidity
- post the links to the market in the relevant communities
- earn transaction fees when people bet

[altcoinb]

New Video: Obyte - True Decentralization
https://www.youtube.com/watch?v=0l_ed0bPe98

[jwinterm]

True Decentralization

Ayyyyyyyyyyylmao

[tonych]

We now have AA stats tracking website https://aa-stats.obyte.org/

Track the turnover and TVL of any Autonomous Agent, and of their total on Obyte

[Eddyc]

https://www.publish0x.com/crypto-bits/prophet-conquering-success-and-using-prediction-curves-in-th-xxzzqxw


The world cup is near and we have a simple and beneficial opportunity to bet in a quiet and also fun way. It seems DeFi in addition to blockchain could result in something interesting...

How about checking?

🧐


I was away from the forum for a while and in those moments I wrote about great projects and Obyte cannot stay out of it. The variety of by-products it can aggregate and help people are amazing and with its open source simplicity it has also created a by-product that benefits Github developers and there are probably many talented developers that need to be recognized and there is nothing better than earning incentives.



https://www.publish0x.com/crypto-bits/kivach-donating-and-motivating-all-those-who-dream-xvmzmlz


I confess that it's an interesting initiative because it can have a beneficial effect on the development community and maybe it can boost this huge amount of stalled projects.

🏊🏼

[ewibit]

after a shutdown:



what to do?

[nik888]

How to exchange GBYTE to USDT on DEX

[tonych]

after a shutdown:



what to do?

Looks like the node's database got corrupt and you have to revert to the latest backup.

[tonych]

How to exchange GBYTE to USDT on DEX

Exchange to USDC here https://oswap.io/#/swap/MBTF5GG44S3ARJHIZH3DEAB4DGUCHCF6