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Author Topic: WAVES - Complete Blockchain ecosystem for a token economy  (Read 83014 times)
Waves.support
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October 01, 2019, 03:00:28 PM
 #5561




MRT has been an important part of Waves’ economy for years, but you can’t stand in the way of progress.

We’re holding a retirement party for MRT, with games and lotteries with prizes totalling 1 million WAVES in leases available.

Come and celebrate the end of an era as we transition to our new, sustainable decentralized monetary policy system!

More details here: https://blog.wavesplatform.com/farewell-party-for-mrt-ca9b617b11bf
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October 01, 2019, 09:36:16 PM
 #5562




MRT has been an important part of Waves’ economy for years, but you can’t stand in the way of progress.

We’re holding a retirement party for MRT, with games and lotteries with prizes totalling 1 million WAVES in leases available.

Come and celebrate the end of an era as we transition to our new, sustainable decentralized monetary policy system!

More details here: https://blog.wavesplatform.com/farewell-party-for-mrt-ca9b617b11bf
This is a great way to reduce the amount of MRT in circulation. I understand that the chances of winning is dependent on how many tickets you purchase, but how much will one ticket cost. Will one ticket for example be one MRT? Will people that do not participate in the lottery lose their MRT after the second lottery on 13 Jan?

██▄                      ▄██
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X.C.A.R.DTM
.SEND AND RECEIVE MONEY.
.INSTANTLY, WITH NO........
.HIDDEN COSTS............

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.SPEND ANYWHERE,....
.ANY CRYPTOCURRENCY,.
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Waves.support
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October 01, 2019, 11:07:39 PM
 #5563




MRT has been an important part of Waves’ economy for years, but you can’t stand in the way of progress.

We’re holding a retirement party for MRT, with games and lotteries with prizes totalling 1 million WAVES in leases available.

Come and celebrate the end of an era as we transition to our new, sustainable decentralized monetary policy system!

More details here: https://blog.wavesplatform.com/farewell-party-for-mrt-ca9b617b11bf
This is a great way to reduce the amount of MRT in circulation. I understand that the chances of winning is dependent on how many tickets you purchase, but how much will one ticket cost. Will one ticket for example be one MRT? Will people that do not participate in the lottery lose their MRT after the second lottery on 13 Jan?
Hello.
More details regarding the lotteries and the periods of contest will be published later
Best regards, Waves Community Manager.
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October 01, 2019, 11:53:48 PM
 #5564





MRT has been an important part of Waves’ economy for years, but you can’t stand in the way of progress.

We’re holding a retirement party for MRT, with games and lotteries with prizes totalling 1 million WAVES in leases available.

Come and celebrate the end of an era as we transition to our new, sustainable decentralized monetary policy system!

More details here: https://blog.wavesplatform.com/farewell-party-for-mrt-ca9b617b11bf
About Lottery prizes, is it to win or for lease.
Waves.support
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October 02, 2019, 04:33:19 AM
 #5565





MRT has been an important part of Waves’ economy for years, but you can’t stand in the way of progress.

We’re holding a retirement party for MRT, with games and lotteries with prizes totalling 1 million WAVES in leases available.

Come and celebrate the end of an era as we transition to our new, sustainable decentralized monetary policy system!

More details here: https://blog.wavesplatform.com/farewell-party-for-mrt-ca9b617b11bf
About Lottery prizes, is it to win or for lease.
Hello.
All the prizes are for lease for 550,000 blocks(just over a year)
Best regards, Waves Community Manager.
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October 02, 2019, 07:12:41 AM
 #5566

Hello Waves.support, you announced that a reward will be added for each block mined and this reward will be regulated by voting.
When will it be on the main network? have some sample information?

 
                                . ██████████.
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Waves.support
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October 02, 2019, 07:35:57 AM
 #5567

Hello Waves.support, you announced that a reward will be added for each block mined and this reward will be regulated by voting.
When will it be on the main network? have some sample information?

Hello taibas. The approximate activation date is Oct 07 2019 19:49 UTC (~ in 132 hrs, 29 mins).

Kind regards, Waves Community Manager
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October 02, 2019, 08:00:07 AM
 #5568

Hello Waves.support, you announced that a reward will be added for each block mined and this reward will be regulated by voting.
When will it be on the main network? have some sample information?

Hello taibas. The approximate activation date is Oct 07 2019 19:49 UTC (~ in 132 hrs, 29 mins).

Kind regards, Waves Community Manager
Will leasing still work, just start to bring a little more reward in the waves?
Will I need to change anything with leasing?

 
                                . ██████████.
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       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
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Waves.support
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October 02, 2019, 08:23:06 AM
 #5569

Hello Waves.support, you announced that a reward will be added for each block mined and this reward will be regulated by voting.
When will it be on the main network? have some sample information?

Hello taibas. The approximate activation date is Oct 07 2019 19:49 UTC (~ in 132 hrs, 29 mins).

Kind regards, Waves Community Manager
Will leasing still work, just start to bring a little more reward in the waves?
Will I need to change anything with leasing?

In case you're a lessor, everything is the same (except for reward increasing). You can get acquainted with all conditions of leasing offers (promotion activity, drawing, etc) by using this thread on our forum - https://forum.wavesplatform.com/c/pools

Sincerely, Waves Community Manager
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October 02, 2019, 02:28:10 PM
 #5570

I just followed him about lease, is it the same as masternode or staking and how much is the benefit if I follow lease?

Waves.support
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October 02, 2019, 02:51:25 PM
 #5571

I just followed him about lease, is it the same as masternode or staking and how much is the benefit if I follow lease?
Hello!
We don't have any official approximate calculators yet, but we are aiming to reach five percentages on annual basis due to the recently deployed Monetary Policy.
Speaking about the current exact rewards, t's hard to calculate certain quantities of rewards for operating a leasing pool or leasing to an already existing one as it all depends on how many blocks will be forged by a fullnode or on some details of an exact leasing pool, such as the number of rewards to be distributed by a leasing pool. We have no approximate calculator as for now, but maybe someone from node operators might be helpful and share their own experience about running a node if you ask on the forum provided in the post above.

Sincerely,
Wave Community Manager
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October 02, 2019, 04:19:19 PM
Last edit: October 03, 2019, 01:59:06 PM by LuckyBtc
 #5572

Is there going to be any limit to inflation rate? Will there be no cap on total supply of Waves? I think a cap of 200 million Waves or less would be a nice idea?

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.IMO Ecosystem.
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October 02, 2019, 04:40:58 PM
 #5573




Important Announcement for nodes owners!

To ensure uninterrupted generation of new blocks after the new feature is activated, make sure to update your node to the latest version: http://github.com/wavesplatform/Waves/releases/tag/v1.1.2

Activation of the nearest feature #14 will occur at 1740000 block!
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October 02, 2019, 04:54:22 PM
 #5574

I just followed him about lease, is it the same as masternode or staking and how much is the benefit if I follow lease?
Hello!
We don't have any official approximate calculators yet, but we are aiming to reach five percentages on annual basis due to the recently deployed Monetary Policy.
Speaking about the current exact rewards, t's hard to calculate certain quantities of rewards for operating a leasing pool or leasing to an already existing one as it all depends on how many blocks will be forged by a fullnode or on some details of an exact leasing pool, such as the number of rewards to be distributed by a leasing pool. We have no approximate calculator as for now, but maybe someone from node operators might be helpful and share their own experience about running a node if you ask on the forum provided in the post above.

Sincerely,
Wave Community Manager
I understand this is all about the benefits. I have to try it so I know myself and now I will join because this project has supported many of them, thank you

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October 02, 2019, 05:20:21 PM
 #5575

I just followed him about lease, is it the same as masternode or staking and how much is the benefit if I follow lease?
Hello!
We don't have any official approximate calculators yet, but we are aiming to reach five percentages on annual basis due to the recently deployed Monetary Policy.
Speaking about the current exact rewards, t's hard to calculate certain quantities of rewards for operating a leasing pool or leasing to an already existing one as it all depends on how many blocks will be forged by a fullnode or on some details of an exact leasing pool, such as the number of rewards to be distributed by a leasing pool. We have no approximate calculator as for now, but maybe someone from node operators might be helpful and share their own experience about running a node if you ask on the forum provided in the post above.

Sincerely,
Wave Community Manager
I understand this is all about the benefits. I have to try it so I know myself and now I will join because this project has supported many of them, thank you
Now the reward for the block is about 1 WAVE with transaction fees + MRT, after activating the new function there will be 6 WAVES for the block and transaction fees.

 
                                . ██████████.
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       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
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Waves.support
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October 02, 2019, 05:57:11 PM
 #5576

Is there be any limit to inflation rate? Will there be no cap on total supply of Waves? I think a cap of 200 million Waves or less would be a nice idea?
Hello. All limits and exact quantities of WAVES to be added to open market are mentioned in the following article https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f

Kind regards,
Waves Community Manager
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October 02, 2019, 07:59:02 PM
 #5577

Is there be any limit to inflation rate? Will there be no cap on total supply of Waves? I think a cap of 200 million Waves or less would be a nice idea?
Hello. All limits and exact quantities of WAVES to be added to open market are mentioned in the following article https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f

Kind regards,
Waves Community Manager
He asks about the maximum possible number of coins (like Bitcoin has 21 million).
But I read all the available information and now there are no exact numbers.

 
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October 02, 2019, 08:42:01 PM
 #5578

I would like to make a suggestion that Waves be rated by the Crypto Rating Council. The CRC rates coins and tokens based on criteria and gives a score from 1 to 5 of how much it is a security. Obtaining a low score for Waves will assist to be listed on more USA exchanges. Link to the CRC website.

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October 03, 2019, 07:19:24 AM
 #5579

I began leasing with pywaves nearly two weeks ago but have not yet received payout, it is a considerable stake.

How often are payments made from generators?

I also propose that the new inflation rate as a result of the increased reward, should be financed by increasing transaction fees and/or token issuance fee.

Because if you only increase rewards by printing more coins, then it is without value and will only dilute the stock.

It is not real demand generation and we have already seen what happens with this system as proof of stake coins go down -99%.

This will happen to waves but slower because reward is only 5%, not 50% or more like generation 2017 masternode coins.

Look at the result of their system, you cannot print money from nothing, it must be backed by revenue like stock dividends.

Waves.support
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October 03, 2019, 08:18:05 AM
 #5580

I began leasing with pywaves nearly two weeks ago but have not yet received payout, it is a considerable stake.

How often are payments made from generators?

I also propose that the new inflation rate as a result of the increased reward, should be financed by increasing transaction fees and/or token issuance fee.

Because if you only increase rewards by printing more coins, then it is without value and will only dilute the stock.

It is not real demand generation and we have already seen what happens with this system as proof of stake coins go down -99%.

This will happen to waves but slower because reward is only 5%, not 50% or more like generation 2017 masternode coins.

Look at the result of their system, you cannot print money from nothing, it must be backed by revenue like stock dividends.

Hello MarquiseMuseum! The frequency of reward payment depends on each specific node. I recommend you to use our forum (https://forum.wavesplatform.com/c/pools) to contact the node owner and to ask.

Sincerely, Waves Community Manager
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