Obyte: Totally new consensus algorithm + private untraceable payments

[tonych]

To improve the liquidity of bonded stablecoins, we'll incentivize liquidity provision on selected Oswap pools.

100 GB per week will be distributed to liquidity providers.

https://medium.com/obyte/liquidity-mining-8cce2bf3722e

[1714168085]

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[1714168085]

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[1714168085]

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[1714168085]

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[tarmo888]

To improve the liquidity of bonded stablecoins, we'll incentivize liquidity provision on selected Oswap pools.

100 GB per week will be distributed to liquidity providers.

https://medium.com/obyte/liquidity-mining-8cce2bf3722e

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.

[tarmo888]

To improve the liquidity of bonded stablecoins, we'll incentivize liquidity provision on selected Oswap pools.

100 GB per week will be distributed to liquidity providers.

https://medium.com/obyte/liquidity-mining-8cce2bf3722e

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.

[tarmo888]

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.

[sv.alyona]

Obyte invites everyone to take part in the logo competition, details of the competition and prizes for participants are set out on the blog

https://medium.com/obyte/viks-awesome-creative-obyte-logo-contest-80446a2e74ec

[Random-String-Symphony]

Obyte invites everyone to take part in the logo competition, details of the competition and prizes for participants are set out on the blog

https://medium.com/obyte/viks-awesome-creative-obyte-logo-contest-80446a2e74ec

Great initiative, I'll try to come up with something clever

[wudackprod]

Referral program for Bonded Stablecoins launched! Earn up to 10% of the balances of the referred users every week.
Details: https://medium.com/obyte/introducing-referral-program-for-bonded-stablecoins-b5455f189c1c

[grandpix]

both you and your referral get rewarded every week:
- you get up to 10% of the referral’s balance;
- the referral gets up to 5% of their balance.
Will we receive the reward every week as long as there is a balance in the account? The corresponding 10% on that balance?

[tonych]

both you and your referral get rewarded every week:
- you get up to 10% of the referral’s balance;
- the referral gets up to 5% of their balance.
Will we receive the reward every week as long as there is a balance in the account? The corresponding 10% on that balance?

Yes, the balance in stablecoins, stable+ coins (interest tokens), governance tokens, shares in arbitrage bots, and shares in oswap pools with one of the above tokens.

[crypto-man-bitcore]

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?

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 never 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.

...I have created four threads (two of them are in Russian local)...

Yes, I have seen already your work, all I can say is that the Obyte team is lucky to have community members like you, who always try to help.

I have seen already many members like you during all these years and I have read many articles about Byteball, Obyte, BlackBites, Bites, DAG, bots and many other Obyte functionalities or added features on top of it. in between there were fully technical articles but also a simple written for an average Joe, still seems that Obyte is nowhere, at least this is what the price is telling me for a very long time.

Of course "buy the dips" and I am really happy to see these new stablecoins, I think this is a great idea and right on time when stablecoins are in demand, this is a big chance, especially, with such enhanced stabelcoins, like these once are. Still, I would never have known about them if I hadn't read this thread and I have to tell you that I am closely monitoring all crypto news every day, nothing that is important can't escape my attention, so for sure better marketing is needed. More advertising, more community members like you @Xenon131, who will spread the word about Obyte.

Just my 2 GBYTEs  .

[tarmo888]

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

[tonych]

Referral program for Bonded Stablecoins launched! Earn up to 10% of the balances of the referred users every week.
Details: https://medium.com/obyte/introducing-referral-program-for-bonded-stablecoins-b5455f189c1c

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:

Full Member

Code:

[center][url=https://ostable.org/?r=USERADDRESS][color=#333][font=arial black][b][font=Century gothic][u]O[/u][/font]  Bonded Stablecoins[/b][/font][/color]     [i][font=Arial black][color=#90a7fd]│[color=#0037ff]█   [color=#333]Earn [color=#0037ff]16%[/color] interest in USD, [color=#0037ff]11%[/color] in BTC[/color]   █[/color]│[/color][/font][/i]
[font=calibri][color=#555]Use my link to get additional referral rewards (up to 5% of your balance every week)[/color][/font][/url]
[color=#90a7fd][font=arial black][i]││ │  │   │    │     │[/i][/font]     [url=https://ostable.org/?r=USERADDRESS][font=arial black][b][color=#333][color=#0037ff]The first DeFi[/color] on a DAG[/color][/b][/font][/url] [color=#b4cff0]│[/color] [url=https://obyte.org/][b][font=Verdana][color=#456c91]◯byte[/color][/font][/b][/url]     [font=arial black][i]│     │    │   │  │ ││[/i][/font][/color]
[/center]

Sr Member

Code:

[center][table][tr][td][/td][td][center][url=https://ostable.org/?r=USERADDRESS][size=2pt][tt][color=#333]▄▄█████████▄▄
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[td][color=transparent][size=5pt].[/size][/color]
[url=https://ostable.org/?r=USERADDRESS][font=arial][size=12pt][b][color=#333]Bonded Stablecoins[/size][/font][/td]
[td][size=20pt][font=arial black][i][color=#90a7fd]│[color=#0037ff]█[/font][/size][/td]
[td][center][url=https://ostable.org/?r=USERADDRESS][font=Impact][size=15pt][i][color=#333]Earn [color=#0037ff]16%[/color] interest in USD, [color=#0037ff]11%[/color] in BTC[/size][/font]
[size=7pt][font=Arial][color=#555]Use my link to get additional referral rewards (up to 5% of your balance every week)[/font][/size][/td][td][/td]
[td][size=20pt][font=arial black][i][color=#0037ff]█[color=#90a7fd]│[/font][/size][/td][td][/td]
[td][url=https://ostable.org/?r=USERADDRESS][b][font=arial][size=11pt][color=#333][color=#0037ff]The first[/color] DeFi
on a DAG[/size][/font][/td]
[td][size=20pt][color=#b4cff0]│[/size][/td]
[td][url=https://obyte.org/][size=2pt][tt][color=#456c91]      ▄▄█████████▄▄
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Hero - Legendary Member

Code:

[center][table][tr][td][/td][td][center][url=https://ostable.org/?r=USERADDRESS][size=2pt][tt][color=#333]▄▄█████████▄▄
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[td][color=transparent][size=5pt].[/size][/color]
[url=https://ostable.org/?r=USERADDRESS][font=arial][size=12pt][b][color=#333]Bonded Stablecoins[/size][/font][/td]
[td][size=20pt][font=arial black][i][color=#90a7fd]│[color=#4b70fa][color=#0037ff]█[/font][/size][/td][td][/td][td][/td]
[td][center][url=https://ostable.org/?r=USERADDRESS][font=Impact][size=15pt][glow=#d1e6fe,1][color=transparent]........[i][color=#333]Earn [color=#0037ff]16%[/color] interest in USD, [color=#0037ff]11%[/color] in BTC[/color].........[/size][/font]
[size=7pt][font=Arial][color=#555]Use my link to get additional referral rewards (up to 5% of your balance every week)[/font][/size][/td][td][/td]
[td][size=20pt][font=arial black][i][color=#0037ff]█[color=#4b70fa][color=#90a7fd]│[/font][/size][/td][td][/td]
[td][url=https://ostable.org/?r=USERADDRESS][b][font=arial][size=11pt][color=#333][glow=#0037ff,1][color=#0037ff].[color=#fff]The first[/color].[/color][/glow] DeFi
on a DAG[/size][/font][/td]
[td][size=20pt][color=#b4cff0]│[/size][/td]
[td][url=https://obyte.org/][size=2pt][tt][color=#456c91]      ▄▄█████████▄▄
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AVATAR (optional)

Image url: https://i.imgur.com/HDCtdDH.png

Please edit the signature code and replace USERADDRESS with your address.
Find your full referral link at https://ostable.org/referral and after setting up the signature please verify that the link matches.

As a reminder, the referral program pays up to 10% of the referred user's balance to the referrer and 5% to the referred, every week.

[tarmo888]

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.

[tonych]

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=5290195.0

[eXtremal]

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=5290195.0

hello 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

[tarmo888]

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=5290195.0

hello 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.

[altcoinb]

  Happy Birthday Obyte!!!
https://www.youtube.com/watch?v=whiEjsezmdE

[mishax1]

fucking stablecoin

[julian071]

Seems like a lot of people are abandoning ship. I've decided to go down with it (or weather the storm), even though I've got some serious money in it. The tech is just to awesome and it's been a great adventure up till now, even though the financial gain isn't there.

Hope the dev team hangs in there, let us know!

[tarmo888]

Seems like a lot of people are abandoning ship. I've decided to go down with it (or weather the storm), even though I've got some serious money in it. The tech is just to awesome and it's been a great adventure up till now, even though the financial gain isn't there.

Hope the dev team hangs in there, let us know!

Seems just that some speculators noticed that Bitcoin is pumping, so they just dumped their GBYTE to get more GBYTE.

The amount of GBYTE on Bittrex hot wallet has not changed much recently, so these probably were never Obyte users anyways.

Bonded Stablecoins and Oswap.io liquidity distribution on the other hand has more and more GBYTE value deposited.

Just more people needs to know about it, it's difficult to reach new people when nobody cares to spread the news.