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Author Topic: 🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Platform Available]  (Read 348258 times)
reffi
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January 17, 2018, 06:28:02 PM
 #8601

woow, i got my third pos stake more than what https://calculator.postoken.org/ has estimated Grin

now its time to test lending

To staking postoken it must be on the postoken website wallet or can be in myetherwallet??
seyola89
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January 17, 2018, 06:30:20 PM
 #8602


Well said. Alternatively, u could split the tokens u received from air drop and split into 2 wallets. 1 wallet would continue staking while the other will be used for lending purpose. Best of both worlds. Anyways, I personally believe that this token is massively undervalued at $4 per. Initial supply is 1 million and max is 10 million.

Lets do some mathematics:
Year 1
1 million token supply
Price - coinmarketcap
$50 - $50 million
$100 - $100 million

Year 10 2027
10 million total token supply
$1000 - $10 billion

$50 seems to be reachable easily. Heck,  even $100 is possible, just look at tokens with below 2 million supply om CMC and u would notice the price is rarely below $80

Yeah efficient method of dividing balance into two and using one for staking and the other for lending. With this, you are benefiting from both featuring of POS. My comment for your price speculations are, though nothing is impossible in Cryptos, but I think you are being over ambitious. Let's hope we can get there though with time.
wojteks102
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January 17, 2018, 06:47:05 PM
 #8603

woow, i got my third pos stake more than what https://calculator.postoken.org/ has estimated Grin

now its time to test lending

To staking postoken it must be on the postoken website wallet or can be in myetherwallet??

It can be any ethereum wallet that accepts erc-20 tokens standard. But anyway remember that you need to use mint() option - stake manually.
margoslend
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January 17, 2018, 07:04:06 PM
 #8604

Not paying attention to the news, and then changes, lending, profit. But I read about it in detail. It's one thing when he unsuccessfully sold coins and quite another when the site of the trading have failed in their task.
reffi
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January 17, 2018, 07:38:48 PM
 #8605

woow, i got my third pos stake more than what https://calculator.postoken.org/ has estimated Grin

now its time to test lending

To staking postoken it must be on the postoken website wallet or can be in myetherwallet??

It can be any ethereum wallet that accepts erc-20 tokens standard. But anyway remember that you need to use mint() option - stake manually.

Is there any tutorial how to use mint?? I have 500 postoken in the mew wallet but nothing staking Sad
StelioKontos
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January 17, 2018, 08:03:34 PM
 #8606

woow, i got my third pos stake more than what https://calculator.postoken.org/ has estimated Grin

now its time to test lending

To staking postoken it must be on the postoken website wallet or can be in myetherwallet??

It can be any ethereum wallet that accepts erc-20 tokens standard. But anyway remember that you need to use mint() option - stake manually.

Is there any tutorial how to use mint?? I have 500 postoken in the mew wallet but nothing staking Sad

It's quite straightforward... login to MEW, go in the send tokens menu, set a reasonable min GWEI price on top right (cheap but also safe for the tx to go through), send 0 POS to yourself (your current eth address holding the POS), set gas limit 200'000, send the transaction.

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seyola89
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January 17, 2018, 08:33:32 PM
 #8607

Dear community, please advise how to put gas for the POS? I have few coins, so it's a shame to spend gas.

I think if you have only few POS, you should not bother to be minting frequently because it won't be profitable because of high gas price required nowadays for ethereum transactions. So it's netter tonwwit for longer time before you mint.
Had it been that POS price is already $10+, it may have been profitable for you to mint frequently
QFT
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January 17, 2018, 09:09:42 PM
 #8608

I am quite looking forward to seeing postoken on another exchange. I think a good exchange will give postoken a good boost.
FreshB
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January 17, 2018, 10:46:55 PM
 #8609

I am quite looking forward to seeing postoken on another exchange. I think a good exchange will give postoken a good boost.

I agree with you. I feel the bitconnect issue might also have scared some people off lending platforms. 

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dutchcryptocouple
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January 17, 2018, 10:58:43 PM
 #8610


Hi everyone,

I have one question can i send postoken to every ETH wallet? Because the only way to withdraw from the lendingplatform is to witdraw postoken but when i click on it i must fill in a ETH adress is this the only way to withdraw?

thx

You can send PoS token to every ETH wallet which excepts ERC-20 tokens. Most of us in this community are using Myetherwallet.

Really happy to see landing platform working for everybody at last. Will give it a try tomorrow morning.

Dear trofo,

thnx for the reply , i have MetaMask (+ etherdelta)  , but just recently MetaMask had an update and it reset my whole wallet !!! , i tryied restoring it with the 12 words but that didnt work out so now i'm a bit sketchy on using it again. Sad
PS: does the lending goes well on POStoken? i just had a set back with bitconnect and FUD is real Angry
Free1bitco.in
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January 17, 2018, 11:01:40 PM
 #8611

I am quite looking forward to seeing postoken on another exchange. I think a good exchange will give postoken a good boost.

I agree with you. I feel the bitconnect issue might also have scared some people off lending platforms. 

Almost every day users suggest the same thing here, but there has been no response from the developer
I think at this point they focus on the project yet to focus on the exchange and we don't know which is more important between the two
Continuous
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January 18, 2018, 12:55:55 AM
 #8612

As far as I could test it out the platform is working great. I've made a successful deposit (after waiting a few hours) and I've started an investment.

Today I received my first daily payout (around 20 USD) and instantly converted them to PoS Tokens.

All of this without an hassle!

Thank you.
fk496
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January 18, 2018, 04:28:21 AM
 #8613

As far as I could test it out the platform is working great. I've made a successful deposit (after waiting a few hours) and I've started an investment.

Today I received my first daily payout (around 20 USD) and instantly converted them to PoS Tokens.

All of this without an hassle!

Thank you.

How long do I have to wait before minting in PosToken lending platform after transferring token? Also what is the minimum token requirements to start lending?
POSToken (OP)
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January 18, 2018, 07:06:07 AM
 #8614

As far as I could test it out the platform is working great. I've made a successful deposit (after waiting a few hours) and I've started an investment.

Today I received my first daily payout (around 20 USD) and instantly converted them to PoS Tokens.

All of this without an hassle!

Thank you.

How long do I have to wait before minting in PosToken lending platform after transferring token? Also what is the minimum token requirements to start lending?

minimum amount in USD for lending is $100, you can deposit POS and ETH now and then convert them to USD for lending.

██████████  ✔  PoSToken - First PoS Smart Contract Token - Get Your Free Tokens Now!
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H. Veron
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January 18, 2018, 07:14:36 AM
 #8615

Postoken Is the first token where you can mine this token without any application or anything about mining sofware and hardware.
dutchcryptocouple
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January 18, 2018, 07:24:29 AM
 #8616

As far as I could test it out the platform is working great. I've made a successful deposit (after waiting a few hours) and I've started an investment.

Today I received my first daily payout (around 20 USD) and instantly converted them to PoS Tokens.

All of this without an hassle!

Thank you.

if you would reinvest the '20USD' you got , would it take another 138 days before you get it back? do they see it as another loan?
dutchcryptocouple
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January 18, 2018, 08:13:00 AM
 #8617

does anyone know when the Postoken wallet on coinexchange will be updated? (out of maintenance)
poptok1
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January 18, 2018, 09:18:43 AM
 #8618

Trouble with starting PoS minting:
I have followed this tutorial, with no success.
After generating the transaction and clicking send, MEW shows me this error massage:
Quote
Insufficient funds. The account you tried to send transaction from does not have enough funds. Required 8200000000000000 and got: 0.
What am I doing wrong? I have carefully followed all the steps, copied all the info correctly, twice.
CoinAge found with calculator shows 3K+coinDays, so I assume it is sufficient.
Any ideas?

Free1bitco.in
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January 18, 2018, 09:26:36 AM
 #8619

does anyone know when the Postoken wallet on coinexchange will be updated? (out of maintenance)

That's because the ethereum network is too dense, making it difficult to process deposit in multiple exchanges
We do not know when it's back to normal not only in coinexchange the same thing in Mercatox.
apuestasbitcoinnet
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January 18, 2018, 09:27:14 AM
 #8620

POS was a great airdrop , when the storm pass it will be a great proyect ( in price too)

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