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logictense
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August 15, 2020, 01:53:54 PM |
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When the wallet on yobit will be ok?  ? Sadly I have to say to you that this will never happen imo, because this is how yobit operates... They will never update the wallet unless you pay a fee which is considerable and also they don't guarantee that the wallet will work. There are a lot of coins listed there in this situation for years now. COMP is not the only one. How much they want u to pay before the update? I want to stress that the taxation being part of their business model is itself not bad for a coin. Whats appalling about it is that the fee procured through this machination is not shared with me. I also want a cookie. They just dont give me any money. I am a random guy yes but I hanker for being loved or better supported financially by someone else. I want to leech off them. |
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othell_rogue
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August 16, 2020, 04:23:10 AM |
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How much they want u to pay before the update? I want to stress that the taxation being part of their business model is itself not bad for a coin. Whats appalling about it is that the fee procured through this machination is not shared with me. I also want a cookie. They just dont give me any money. I am a random guy yes but I hanker for being loved or better supported financially by someone else. I want to leech off them.
As far as I remember they are asking 0.5 BTC to update a wallet. Note that this was back in the days, like a year ago or so. I don't know if they are asking the same price today or not, things may changed. Anyway, the trick is that they don't guarantee that the wallet will work after you pay the fee, they will try to fix it and that's it. Again maybe things have changed, but I doubt. |
To BUY or not To SELL?
That's the real question!
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seven.71
Sr. Member
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Activity: 770
Merit: 251
live the dream but don't live the dream
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August 16, 2020, 12:05:49 PM |
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How much they want u to pay before the update? I want to stress that the taxation being part of their business model is itself not bad for a coin. Whats appalling about it is that the fee procured through this machination is not shared with me. I also want a cookie. They just dont give me any money. I am a random guy yes but I hanker for being loved or better supported financially by someone else. I want to leech off them.
As far as I remember they are asking 0.5 BTC to update a wallet. Note that this was back in the days, like a year ago or so. I don't know if they are asking the same price today or not, things may changed. Anyway, the trick is that they don't guarantee that the wallet will work after you pay the fee, they will try to fix it and that's it. Again maybe things have changed, but I doubt. bad exchanges are like that so no wonder, many wallets are not updated. It is better for you to send with other coins than you expect Yobit to do a wallet renewal |
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paramind22
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August 19, 2020, 07:07:34 PM |
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If someone finds out they are doing something with this coin like rebranding please post it here.
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Neoterix
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Activity: 145
Merit: 10
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August 26, 2020, 06:42:51 AM |
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If someone finds out they are doing something with this coin like rebranding please post it here.
They? Who is they, the devs or the community. If is the community you are talking about, then I will join the forces too and make this coin great again, since I hold a bunch of them. |
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jsff77
Jr. Member
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Activity: 48
Merit: 1
Software Developer
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August 26, 2020, 10:27:30 AM |
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If someone finds out they are doing something with this coin like rebranding please post it here.
They? Who is they, the devs or the community. If is the community you are talking about, then I will join the forces too and make this coin great again, since I hold a bunch of them. Great! |
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BleebleBlabble
Newbie
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Activity: 3
Merit: 1
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September 29, 2020, 03:42:40 PM |
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The amount of DAI supplied in the Compound protocol is now approximately 1.2 billion $ worth, while the total supply of DAI is only 900 million $.
The only way for this to happen is when people are using compound to borrow DAI, while supplying the same DAI back in the protocol in order to get the COMP rewards. They are essentially lending to themselves.
And of course it works like this, because the product doesn't make sense.
If people get a loan with their house as collateral, this makes sense. Because a house is an illiquid asset and you can use the money to do whatever you want to do while still living in your house. However, with compound you are literally loaning a liquid asset with another liquid asset. If i have ETH and i need DAI i can just go to Uniswap and swap some DAI.
The ONLY practical use case for Compound borrowing is for people who want to over-leverage themselves to crypto assets - you keep one asset but buy another one too with the borrowed money. But there are tons of centralized options for that too, and the maximum leverage you can achieve is no more than 1.75x because you need to over-collateralize.
There is no way this market is worth 350 million dollars. The value proposition for COMP is sketchy at best.
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paramind22
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October 01, 2020, 05:13:40 PM |
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This is bad that these posts are getting in the original CompoundCoin thread.
There are active Telegram and Discord channels.
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othell_rogue
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October 02, 2020, 12:07:40 PM |
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This is bad that these posts are getting in the original CompoundCoin thread.
There are active Telegram and Discord channels.
The good thing is that CompoundCoin thread is more active, the bad thing is that people are confusing the Compound coin with the Compound token. |
To BUY or not To SELL?
That's the real question!
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paramind22
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November 08, 2020, 08:52:56 PM
Last edit: November 08, 2020, 09:17:23 PM by paramind22 |
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What are all the current exchanges to trade CompoundCoin on? I know it's on SouthExchange.
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othell_rogue
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November 09, 2020, 10:46:20 AM |
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What are all the current exchanges to trade CompoundCoin on? I know it's on SouthExchange.
Apart from South Exchange, yobit have CompoundCoin listed, but I don't know if their wallet is working or not, I mean if you can deposit/withdrawal COMP. |
To BUY or not To SELL?
That's the real question!
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jsff77
Jr. Member
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Activity: 48
Merit: 1
Software Developer
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November 09, 2020, 11:56:41 AM |
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Hi! See these exchanges: http://compound-coin.cc/exchange/In particular, I never had any problems on these platforms and I always use them. |
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jsff77
Jr. Member
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Activity: 48
Merit: 1
Software Developer
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November 09, 2020, 12:08:38 PM |
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What are all the current exchanges to trade CompoundCoin on? I know it's on SouthExchange.
Apart from South Exchange, yobit have CompoundCoin listed, but I don't know if their wallet is working or not, I mean if you can deposit/withdrawal COMP. Hi! See these exchanges: http://compound-coin.cc/exchange/In particular, I never had any problems on these platforms and I always use them. |
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bitFlowers
Jr. Member
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Activity: 92
Merit: 1
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November 10, 2020, 05:21:19 AM |
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How long is the 250% PoS period?
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iHodler
Member
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Activity: 141
Merit: 21
Trust No One!
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How long is the 250% PoS period?
Block 1000-50000 = 250% APR
Block 50000-100000 = 500% APR
Block 100000-500000 = 250% APR
Then percentage will halving every 500000 blocks until from block 2500000 = 7.8% APR
Block time is 2 minutes, so 1000 block is about 1,389 days.According to the PoS breakdown it should be 125%, because the chain is at block 732897. Note that this is just an assumption, since I don't know if the protocol sticks to PoS breakdown and https://comp.ccore.online/ block explorer is accurate. |
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othell_rogue
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November 11, 2020, 08:56:53 AM |
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How long is the 250% PoS period?
Block 1000-50000 = 250% APR
Block 50000-100000 = 500% APR
Block 100000-500000 = 250% APR
Then percentage will halving every 500000 blocks until from block 2500000 = 7.8% APR
Block time is 2 minutes, so 1000 block is about 1,389 days.According to the PoS breakdown it should be 125%, because the chain is at block 732897. Note that this is just an assumption, since I don't know if the protocol sticks to PoS breakdown and https://comp.ccore.online/ block explorer is accurate. You are right. I am not sure about the exact POS APR but looks like is something like that. Also the block explorer is working good, is at the right height. |
To BUY or not To SELL?
That's the real question!
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gcrypto
Newbie
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Activity: 9
Merit: 0
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March 31, 2021, 09:07:35 AM |
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Hi CompoundCoin, Original Compound Coin community is actively looking to grow this project, but it's hard to do without any contact to the dev and access to GitHub. Can you please join the either the telegram group or discord server and also provide details of how to get the dev for access to GitHub. Telegram: https://t.me/compound_coinDiscord: https://discord.gg/zN4fJFJ |
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