[ANN][SEM] Semux - Official Thread

[wangxiaoyan600]

I think airdrop to eth is fine. But also should do some market campaign and also airdrop to semux holders too.

[1715385776]

1715385776

[1715385776]

1715385776

[DaMut]

Only in the event that the recipients of the airdrope do not immediately sell the received semux, since whales will have the opportunity to purchase semux at a dumping price. For 2 months, the price has already slipped by 50%, and with this airdrope it can still go down much lower. Here to you and decentralization

Whales control all things in the cryptosphere, not doubts about that. We, small investors, should take advantage of our abilities to move faster than whales to take profits faster than whales. Good luck, my friend.

Whales control all things in the cryptosphere

make a sense and everybody should know about it actually.
every momentum created by the whales that is why they can be considered as a king in cryptosphere.

but this ?

small investors, should take advantage of our abilities to move faster than whales to take profits faster than whales

what do you mean by moving faster than whales ?
as a small trader we can not make a move or against the whales,everything that we can do is manage our financial and creating an opportunity based on the trend/flow.
if they keep pushing the price,
we as a small trader need to make a strategy based on the trend.

or at least,even though the price is decreasing a lot.
it will not change the fact that it has a potential to become another well known project out there.
just treat it as a good time to buy SEM.

[thienytcc]

Would you please show me how to sign message on MyEtherwallet specifically? Very thank you.

Here are detailed instructions about sending a signed message from your MyEtherWallet. Hopefully it'll help you, operation with very clear images.
https://blog.chronologic.network/sending-a-signed-message-from-your-myetherwallet-332e73066f98

Nice thanks for samlaode, one more question I very concerned for is whether if I can lose my ether after sending signed message or my ether can not tradable anymore??? Please give me a hand, thank.

[Scout Georgenson]

What if I'm a Ripple holder, are there any promotions for other holders?

[lda1000]

What if I'm a Ripple holder, are there any promotions for other holders?

LOL go and buy ETH before the snapshot

[DaMut]

What if I'm a Ripple holder, are there any promotions for other holders?

LOL go and buy ETH before the snapshot

even though they will do the airdrop do not expect too much about it,
because the ratio will be lower compared to Bitcoin airdrop,if we compare it between Bitcoin price and Ethereum price.
the ratio will be 1 : 17/18 (mathematically).
so if they were airdroping 20 SEM for every 1BTC that we held,in the future we should get more or less around 3 SEM for every ETH that we hold.
(it might be wrong,but should not be far from it).
we still have a time until 1 April,
so no need to rush and wait for more confirmation regarding this airdrop and make a proper strategy.

[Warfare]

Would you please show me how to sign message on MyEtherwallet specifically? Very thank you.

Here are detailed instructions about sending a signed message from your MyEtherWallet. Hopefully it'll help you, operation with very clear images.
https://blog.chronologic.network/sending-a-signed-message-from-your-myetherwallet-332e73066f98

Nice thanks for samlaode, one more question I very concerned for is whether if I can lose my ether after sending signed message or my ether can not tradable anymore??? Please give me a hand, thank.

You won't lose your eth just by signing a message nor will they become untradable.
Here is an article about signing and validating if you want to read more: https://medium.com/@angellopozo/ethereum-signing-and-validating-13a2d7cb0ee3

[Michail1]

If I vote for a pool with 100,000 votes and a fee of 15% I get anyway more than voting for a pool with 80,000 votes and 0% fee. Is that correct?

No.

Let's say you have 10,000 votes of your own and to round and make it easy........
If you vote for a pool with a now total of 100,000 votes with a fee of 15%  then you get (about)  100 sem per day / 10% of votes - 15% fee =  8.5 sem
(Basically a pool gets about 100 sem per day and you would be 10% of them = 10 sem, but pool charges 15%, so you get about 8.5 of those.)

Let's say you have 10,000 votes of your own and to round and make it easy........
If you vote for a pool with a now total of 80,000 votes with a fee of 0%  then you get (about)  100 sem per day / 12.5% of votes - 0% fee =  12.5 sem

I think you were trying to figure out something more like....
At what point is it better to take your 10,000 votes to a pool charging a lower fee than a pool charging a high fee.
Most people don't think about it and simply vote for pools with a low fee.

Not a simple answer since there is going to be a curve in that you want the lowest fee while supporting the highest percentage of votes.  (0% fee / 100% votes)
So, it's best to own your own validator if you have enough votes while charging yourself a 0% fee.

With (for the example) 10,000 votes, it best to find a low fee (still relatively the most important - currently), while getting into a pool which barely has enough votes to be a validator (like within the top 100 (easy), but better within the first 56 (like being in position 55).

People voting for pool in position 1 are making less than those in position 55 since they have to share the block rewards with far more people even if the pool in 55 charges a higher fee than that of position 1.

[Altcner]

When does a new round of semux airdrop start? This new ring of reward activity is worth looking forward to

[Altcner]

Too highly expected too easy disappointed, just wait to see when SEM hit on the official exchange, don't try to predict anything. Exponential growths or plummetted to the dust? There are a lot of funders in this forum now

[Michail1]

the ratio will be 1 : 17/18 (mathematically).
so if they were airdroping 20 SEM for every 1BTC that we held,in the future we should get more or less around 3 SEM for every ETH that we hold.
(it might be wrong,but should not be far from it).
we still have a time until 1 April,
so no need to rush and wait for more confirmation regarding this airdrop and make a proper strategy.

I agree with you except for the estimated eth to sem drop.

If BTC:SEM was 1:20  (about $500 to 1 sem)
and
BTC:ETH is 1:18   (close enough to a 1:20)
then why would the airdrop to ETH holders get a 1:3 ?
<$500 to 3 sem

That's rewarding ETH holders a 3 times ratio than that of BTC holders.

I don't care one way or the other for BTC/ETH, but I think it should be closer to a fair distribution.   And, considering that many BTC holders didn't know the snapshot was going to take place while ETH holders know up front means far more people will now dump BTC (and alts) just to get ETH to get the airdrop and then dump back to BTC (or other) and also likely dump the SEM as well whereas BTC holders didn't have that opportunity.

Basically, I think the manipulation will have far bigger implications on SEM value now and not simply because of ETH holders or manipulators getting ETH simply for the SEM dump.

[LancienMaleAlpha]

Very interesting project 
forward to the continuation

[Bavaria]

Any details?
Minimum/maximum cap required for the airdrop?
Rules would be the same as for btc holders?
Multiple entries are allowed?

[wgq1981]

with a long term project like semux it make sense to have a large premine to sustain the project since there was no ICO to fuel the long term road map

[samlaode]

When does a new round of semux airdrop start? This new ring of reward activity is worth looking forward to

They will take a snapshot at 0:00 AM UTC, April 1 and and will begin to distribute on April 8. Of course, it is worth the wait, we only need ETH to be able to receive Semux.

[phieudu0502]

the ratio will be 1 : 17/18 (mathematically).
so if they were airdroping 20 SEM for every 1BTC that we held,in the future we should get more or less around 3 SEM for every ETH that we hold.
(it might be wrong,but should not be far from it).
we still have a time until 1 April,
so no need to rush and wait for more confirmation regarding this airdrop and make a proper strategy.

I agree with you except for the estimated eth to sem drop.

If BTC:SEM was 1:20  (about $500 to 1 sem)
and
BTC:ETH is 1:18   (close enough to a 1:20)
then why would the airdrop to ETH holders get a 1:3 ?
<$500 to 3 sem

That's rewarding ETH holders a 3 times ratio than that of BTC holders.

I don't care one way or the other for BTC/ETH, but I think it should be closer to a fair distribution.   And, considering that many BTC holders didn't know the snapshot was going to take place while ETH holders know up front means far more people will now dump BTC (and alts) just to get ETH to get the airdrop and then dump back to BTC (or other) and also likely dump the SEM as well whereas BTC holders didn't have that opportunity.

Basically, I think the manipulation will have far bigger implications on SEM value now and not simply because of ETH holders or manipulators getting ETH simply for the SEM dump.

I think different from yours. You can not compare the reward of 2 airdrop or use the ratio of BTC holder to apply for ETH, because they are different from each other. Just simply thinking that the next airdrop (ETH holder) is really the distribution of the remaining Semux coins.
One of the most considerable debate that we should concerned for is how many Ethers in our balance that fulfilled for participating requirement.

[bspus]

If BTC:SEM was 1:20  (about $500 to 1 sem)

Actually it was better. Addresses with far less than 1 btc got 20 sem too. If you had 1 btc spread out in 10 addresses you got 200 sem.

But while 1 full btc was not trivial to get for many people, holding 1 eth is a lot easier and will probably be the minimum amount to claim sem

[tomkat]

If BTC:SEM was 1:20  (about $500 to 1 sem)

Actually it was better. Addresses with far less than 1 btc got 20 sem too. If you had 1 btc spread out in 10 addresses you got 200 sem.

But while 1 full btc was not trivial to get for many people, holding 1 eth is a lot easier and will probably be the minimum amount to claim sem

This time Semux team could consider airdrop proportional to holdings, possibly with a minimum and maximum ETH balance to avoid large wallets to get majority.

[thienytcc]

If BTC:SEM was 1:20  (about $500 to 1 sem)

Actually it was better. Addresses with far less than 1 btc got 20 sem too. If you had 1 btc spread out in 10 addresses you got 200 sem.

But while 1 full btc was not trivial to get for many people, holding 1 eth is a lot easier and will probably be the minimum amount to claim sem

Really??? just with 1 BTC or 1 ETH, we can transfer into each other between our addresses after signing the message? 😨 Someone has experienced on the previous airdrop for BTC holders, could share something for everyone?

[drippx]

If BTC:SEM was 1:20  (about $500 to 1 sem)

Actually it was better. Addresses with far less than 1 btc got 20 sem too. If you had 1 btc spread out in 10 addresses you got 200 sem.

But while 1 full btc was not trivial to get for many people, holding 1 eth is a lot easier and will probably be the minimum amount to claim sem

Really??? just with 1 BTC or 1 ETH, we can transfer into each other between our addresses after signing the message? 😨 Someone has experienced on the previous airdrop for BTC holders, could share something for everyone?

not really ! just waitting for dev to announce the exactly ratio ,Definitely stay tuned for more details!