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Question: Should we bring back the masternode feature to Solaris?
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Author Topic: 💥SOLARIS PLATFORM [XLR] 💥100% PoS /w Cold-Staking 💥Txbit.io exchange!  (Read 307648 times)
keesdewit
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txbit.io - cryptocurrency exchange


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September 03, 2020, 08:18:56 PM
 #7521

If you had your Solaris on txbit during the swap then you should of received the new Solaris coins. Yes KYC is now mandatory on txbit as due to European  government regulations. I believe you can still trade however when it comes to time to withdraw you must do KYC.

It seems to me that the introduction of KYC contradicts the very concept of cryptocurrency as an alternative to the existing banking system.

No payment system can work without measures against money laundering and financing of terrorism. If you want cryptocurrency to be a true alternative to banks, you will have to accept that it will be a regulated environment. The wild west times are done for cryptocurrency. Welcome to the real world.

Would you rather cooperate in financing terrorism than undergo KYC?

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September 04, 2020, 02:17:07 PM
 #7522

Crypto will never be a completely separate system or alternative to the existing banking system. Banks will eventually assimilate crypto and make it a part of them.

As long as banks and crypto connect, those points of connection will require AML/KYC.

If you truly want to avoid it, then you'll have to mine some yourself and then use that to trade to other coins in true dex's that don't KYC. That is the only way. Or find some person willing to sell to you coins for your fiat, but they will probably charge a premium for it.

If you need to cross a border between a coin and fiat, AML/KYC will probably be in the middle.

Now, if you can earn in coins, and live and pay on coins, then you can probably skip the bank completely, and it's quite possible to skip KYC that way, but difficult. If you have an employer that pays you in coins, they already know you and have your KYC info.

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September 04, 2020, 03:28:04 PM
 #7523

If you truly want to avoid it, then you'll have to mine some yourself and then use that to trade to other coins in true dex's that don't KYC. That is the only way.
https://bisq.network/ is a true DEX but it requires knowledge and time to get familiar with. Not all people who have demands on KYC-free readily to spend time for it.

Help: A list of LocalBitcoin alternatives (P2P marketplaces)
[BIG LIST] Buy/Sell Crypto (OTC, P2P, DEXs, CEXs, NO-KYC, ATMs, etc.)

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Or find some person willing to sell to you coins for your fiat, but they will probably charge a premium for it.
It has risks when trade in-person too.

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September 06, 2020, 01:23:06 PM
 #7524

Work in progress. Sneak preview website.



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Next Generation
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.
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.EXPLORE.
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Crypto Exchange
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September 08, 2020, 10:49:42 PM
 #7525

The new look website looks to be coming along nicely.

I've also noticed that more Solaris is now locked up in Solaris savings which shows that people trust the team for the long term. I'm yet to use this feature but I do plan on using it very soon as I'm just wanting to build my Solaris first before locking them away for a period of time.



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[15.00000000 BTC]


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Rainbot
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September 09, 2020, 02:39:04 PM
 #7526

We are pleased to announce the launch of our brand new website.

https://www.solariscoin.com/



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.EXPLORE.
.DISCOVER.
.EXCHANGE.
Crypto Exchange
Built by Solaris Team

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September 10, 2020, 10:50:59 PM
 #7527

It looks as though more people are now starting to sent their Solaris to the savings account as I think its more attractive to have Solaris in savings then staking. Like I said I'm just waiting until I reach my target and then I'll be sending some Solaris to the savings account but I'll way up my options as to how much I'll be sending. I still think that its always good to have some Solaris in your own wallet just in case you need to sell when the price starts to rise.



.
.BIG WINNER!.
[15.00000000 BTC]


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September 20, 2020, 07:43:32 PM
 #7528

In October we will be making big changes in the reward structure of our products. Big changes will be made and everyone will profit! Stay tuned for more news to follow.


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.EXPLORE.
.DISCOVER.
.EXCHANGE.
Crypto Exchange
Built by Solaris Team

██████████████████████████████████████████████████████████████████████████████████████████████████████████████████
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September 20, 2020, 10:56:17 PM
 #7529

In October we will be making big changes in the reward structure of our products. Big changes will be made and everyone will profit! Stay tuned for more news to follow.

Sounds good as crypto is moving at a fast rate when it comes to yield farming now and there is a lot of competition so if the team can be competitive in this space it could really help get Solaris in the spotlight. I know it won't be like yield farming however if the rates are attractive to people, they will come.



.
.BIG WINNER!.
[15.00000000 BTC]


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September 23, 2020, 05:04:01 PM
 #7530



Solaris Savings is turning into Reward Savings!

We are happy to announce that on December 1st, 2020, we will be making major changes to the reward structure of our products.

Currently available Solaris Savings and Solaris Reward Program will combine to create Reward Savings, an easy to participate savings program, available directly through Txbit exchange, with the combined benefits of both programs!
Not only will you gain interest on your locked Solaris, you will also receive a share of the Trading Fees generated on Txbit exchange.

Updated Savings and Rewards structure

Reward Savings utilizes the enterprise infrastructure of Txbit, and the safety of Cold Staking,so you can feel at ease knowing that your funds are not only safe, but growing each day! No need to run your own wallet or stake XLR, just participate in Savings!

As with Solaris Savings, you will be able to lock your Solaris coins in Txbit for a set period of 6 or 12 months and receive guaranteed XLR returns at the end of the lock period.
The saving plans are:
6 months — 5% Interest
12 months — 17% Interest

Additionally you will receive a share of the Trading Fees generated on Txbit, on a monthly basis! Txbit will reward 50% of all earned trading fees to participating savings users. There will be no more deductions of Operating Costs. No matter the trading fees earned, 50% of them will go to the Reward Savings Pool. For example, Txbit earns $1,000 in Trading Fees. 50% goes to Txbit, the other 50% (or $500) goes to the Reward Savings Pool.The share of the fees you received is proportional to the amount you have locked vs the total amount locked by all other participants. For example:
You put 2,000 XLR into savings, and there is a total of 10,000 XLR locked in savings from all participants — You will receive 20% of the Reward Savings Pool.

Other factors are involved in determining your share amount, such as if you participate halfway through the month, you will receive half the amount. If a big saver comes in mid-month, your pay will be lower as you will hold proportionally less compared to the total locked amount.

Reward Savings will be launched December 1, 2020

Stay tuned for further updates!


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September 23, 2020, 10:48:45 PM
 #7531

Hello @SolarisDev

So what does that mean for members who have their Solaris wallets connected with txbit for receiving from the fees? Do we now need to lock our Solaris away to now earn from txbit fees? Don't get me wrong I like the idea but just wondering what happens with wallets connected to txbit now?



.
.BIG WINNER!.
[15.00000000 BTC]


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September 24, 2020, 08:38:23 AM
 #7532

Hello @SolarisDev

So what does that mean for members who have their Solaris wallets connected with txbit for receiving from the fees? Do we now need to lock our Solaris away to now earn from txbit fees? Don't get me wrong I like the idea but just wondering what happens with wallets connected to txbit now?

We will remove that feature and nothing will happen with those wallets


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Next Generation
Proof-of-Stake Platform

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███████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
.
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September 24, 2020, 11:13:46 PM
 #7533

Hello @SolarisDev

So what does that mean for members who have their Solaris wallets connected with txbit for receiving from the fees? Do we now need to lock our Solaris away to now earn from txbit fees? Don't get me wrong I like the idea but just wondering what happens with wallets connected to txbit now?

We will remove that feature and nothing will happen with those wallets

Okay thanks for letting us know.

It will be interesting to see how well this new feature will do in the future once the yield farming and DeFi hype dies down as I think some of them returns for some of them projects are way to high where as Solaris have a more sustainable return.



.
.BIG WINNER!.
[15.00000000 BTC]


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October 07, 2020, 07:31:18 PM
 #7534

In October we will be making big changes in the reward structure of our products. Big changes will be made and everyone will profit! Stay tuned for more news to follow.

Big changes in reward structure for solaris .
Does that Also mean for txbit ?
But then not Everyone profit. Because some countrys are not allowed anymore there.

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October 07, 2020, 09:42:46 PM
 #7535

Has the team found another exchange for Solaris? I have suggested StakeCube on here many times as it might be a good exchange to list on and all we have to do is vote for Solaris to get listed as Solaris is already listed for voting.



.
.BIG WINNER!.
[15.00000000 BTC]


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October 27, 2020, 03:16:48 PM
 #7536



Dear Solarians,

We are happy to announce that Solaris is now available as an ERC20 token, with a two way conversion bridge built on Txbit between native XLR coins and the new Wrapped Solaris (WXLR). This is the first step towards DeFi, enabling numerous possibilities, starting with listing on UniSwap and other decentralized platforms. Stay tuned for listing announcements soon!

The Wrapped Solaris (WXLR) contract can be viewed here: https://etherscan.io/token/0xEF018145F2995568337D42e9916F7dd14EF989A2

Converting XLR to WXLR

Native Solaris (XLR) can be converted to Wrapped Solaris (WXLR) by using the conversion service on Txbit Exchange. Conversions are on 1:1 ratio and can be performed both ways. You can deposit and withdraw both Native XLR coins and Wrapped Solaris tokens, and convert between them with ease.

The Conversion page can be accessed here: https://txbit.io/Convert/XLR

Thank you for all of your support!


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October 27, 2020, 09:50:40 PM
 #7537

This is great news for Solaris as it basically enters the DeFi space. The question I have and I'm sure many others will have is that we need to log into txbit exchange to be able to convert XLR into WXLR, now the question is does KYC come into play to convert XLR to WXLR?



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October 28, 2020, 01:26:51 PM
 #7538

Now, if you can earn in coins, and live and pay on coins, then you can probably skip the bank completely, and it's quite possible to skip KYC that way, but difficult. If you have an employer that pays you in coins, they already know you and have your KYC info.

I met several enthusiasts on YouTube who conducted experiments in the "life without fiat" style ... but this is more entertainment ... unfortunately, a full life is not possible if you use only cryptocurrency.
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November 04, 2020, 01:04:05 PM
 #7539

Great news for Solaris Holders! Smiley

The introduction of daily withdrawal limits for accounts with no KYC!

https://txbit.io/News/Item/32


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November 04, 2020, 10:10:21 PM
 #7540

Great news for Solaris Holders! Smiley

The introduction of daily withdrawal limits for accounts with no KYC!

https://txbit.io/News/Item/32

This is the best news we have had all year even though Solaris has done well this year but I think this is bigger then any of the previous updates because it opens up the door for so many people who don't like to have KYC. Sometimes in life we just need to go with what most of the people want and that is crypto to remain KYC where ever it can. Great work!



.
.BIG WINNER!.
[15.00000000 BTC]


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