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Author Topic: 🔷 Waves Tech - a powerful blockchain-agnostic ecosystem  (Read 111663 times)
hd060053
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May 06, 2021, 07:58:49 AM
 #7281

Also i see you could stake btc and eth as well... but even usdc and usdt.


The apy shows over 30% Estimated APY Interest.  What in the world?  So how much does this translate to in interest yearly?


This makes no sense at att as it say you stake usdt, you get usdtLP.  So is that safe or not?  So if you stake it for a year of say l0,000 usdc or usdt... you going to get back all that usdtlp and that would easily convert to usdt at a flat one to one rate?  These interest rates sound ridiculous... even higher than blockfi/nexo.  Is there something im missing here?


Waves is using it's overpowered tech and game theory to enable higher rates than other blockchains/projects. ... you still have to believe in the whole Waves Ecosystem, Company and Sasha himself ... it's not fully decentralized (but other blockchains are also not full decentralized)
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May 06, 2021, 08:36:11 AM
 #7282

Also i see you could stake btc and eth as well... but even usdc and usdt.


The apy shows over 30% Estimated APY Interest.  What in the world?  So how much does this translate to in interest yearly?


This makes no sense at att as it say you stake usdt, you get usdtLP.  So is that safe or not?  So if you stake it for a year of say l0,000 usdc or usdt... you going to get back all that usdtlp and that would easily convert to usdt at a flat one to one rate?  These interest rates sound ridiculous... even higher than blockfi/nexo.  Is there something im missing here?


Waves is using it's overpowered tech and game theory to enable higher rates than other blockchains/projects. ... you still have to believe in the whole Waves Ecosystem, Company and Sasha himself ... it's not fully decentralized (but other blockchains are also not full decentralized)

since the begin of wave ,  Sasha is the reason that this coin didnt go to the moon, i can remember the time when he belittle the (big) exchanges, he was yelling the waves was the next thing, waves gonna destroy all the (centralized) exchanges .. bla bla bla .. thats why a lot of exchanges ignored waves to list it.

if btc didnt go this high , i dont think we wouldnt  see the waves  above 30 dollars ...

 i regret not selling the waves when it was 240k sats ... darn my greed ..  
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May 06, 2021, 08:56:51 AM
Merited by bct_ail (1)
 #7283

Okay so been a while since i checked the waves_exchange client and have quite bit of questions.




So im staking some waves now as i did a while back and see 6% staking and seem to get waves sent to me every week.



I see usdn where you can trade waves for it.  Is usdn a stablecoin like usdt or usdc where its flat one dollar regardless? 


The thing that is confusing here is at the bottom it says you stake usdn and get 12% to 15%   If so, i see you could stake usdn now and it shows interest of 18.67%.  Is that annual interest?  If so, how is that even possible?



Example if one person has 10,000 dollars worth of waves now and trades it for usdn... they get around 10,000 usdn minus trading fees right?  And i see the fees are literally like 15 cents or so?  It literally shows the transaction to swap waves for usdn is 0.005 waves fee.  But i see there is also a protocol fee... so is that another fee you pay?  So imagine trading 10000 usd worth of waves... how much would you get in usdn?



So that would mean if someone has say 10000 usdn and stake it the entire year they going to earn 1200 usdn or so at least by the end of one year?  So now their balance is 11200 usdn?  Thus imagine doing this with 100,000 usdn... you going to earn 12000 usdn a year?  Then with that balance, you could convert that 12000 usdn to usdt... that send that usdt to coinbase or exchange to convert it to fiat and then to your bank account.  Am i making any mistake here?  But this is with using 12% yearly interest but right now... its 18.67%?  But that number changes throughout the days and weeks right?  But it doesn't get lower than 12%? 



If that is the case, couldn't someone with 1,000,000 dollars literally just earn 120,000 usdn a year and then convert that to usdt... then convert it to fiat to coinbase and back to their bank account?  I know those sites like blockfi, celsius offers you interest like that on stablecoins like usdt and usdc etc... so the waves exchange does it as well with usdn?  And USDN is basically a stablecoin of a dollar and never changes?



Can anyone confirm this?



1. USD-N is a algorithmic stable coin backed by WAVES-tokens.

2. High APY with USD-N is possible due to the fact that it is backed by WAVES tokens in a smart-contract. Some people buyed USD-N tokens when WAVES price was for example 1 Dollar. With increasing WAVES price we will get by this an overcollaterization. To create APY WAVES tokens are staked with 6% APY.

Due to the overcollaterization 49,317,081 Waves are staked which have a value of 1,727,853,057.45 USD.

That staking is now distributed to those 345,856,437 Dollars that are staked. Which allows a much higer APY than doing only Waves staking. So everybody profits from early USDN buyers.

You can check the stats at:
https://dev.pywaves.org/usdn


Your example is true! I'm waiting for my first million to make all that true for me Tongue


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May 06, 2021, 10:59:09 AM
 #7284

Why is the coinomat BCH Gateway not working?
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May 06, 2021, 01:52:34 PM
 #7285

Why is the coinomat BCH Gateway not working?

No clue. Did you ask the support at waves.exchange? They should know it.


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elma
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May 06, 2021, 02:55:37 PM
 #7286


I have no idea why everyone here suggested i create a new password or account.  That literally made no sense at all.

Are you sure ?

"Nous habitons un paisible îlot d'ignorance cerné par de noirs océans d'infini, sur lesquels nous ne sommes pas appelés à voguer bien loin."
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May 08, 2021, 08:24:16 AM
 #7287

Okay so been a while since i checked the waves_exchange client and have quite bit of questions.




So im staking some waves now as i did a while back and see 6% staking and seem to get waves sent to me every week.



I see usdn where you can trade waves for it.  Is usdn a stablecoin like usdt or usdc where its flat one dollar regardless? 


The thing that is confusing here is at the bottom it says you stake usdn and get 12% to 15%   If so, i see you could stake usdn now and it shows interest of 18.67%.  Is that annual interest?  If so, how is that even possible?



Example if one person has 10,000 dollars worth of waves now and trades it for usdn... they get around 10,000 usdn minus trading fees right?  And i see the fees are literally like 15 cents or so?  It literally shows the transaction to swap waves for usdn is 0.005 waves fee.  But i see there is also a protocol fee... so is that another fee you pay?  So imagine trading 10000 usd worth of waves... how much would you get in usdn?



So that would mean if someone has say 10000 usdn and stake it the entire year they going to earn 1200 usdn or so at least by the end of one year?  So now their balance is 11200 usdn?  Thus imagine doing this with 100,000 usdn... you going to earn 12000 usdn a year?  Then with that balance, you could convert that 12000 usdn to usdt... that send that usdt to coinbase or exchange to convert it to fiat and then to your bank account.  Am i making any mistake here?  But this is with using 12% yearly interest but right now... its 18.67%?  But that number changes throughout the days and weeks right?  But it doesn't get lower than 12%? 



If that is the case, couldn't someone with 1,000,000 dollars literally just earn 120,000 usdn a year and then convert that to usdt... then convert it to fiat to coinbase and back to their bank account?  I know those sites like blockfi, celsius offers you interest like that on stablecoins like usdt and usdc etc... so the waves exchange does it as well with usdn?  And USDN is basically a stablecoin of a dollar and never changes?



Can anyone confirm this?




Are people here buying usdn and staking it?  This seems ridiculous that one can literally earn at least 12% yearly interest with it right now as passive income?  I mean 50k usd earns you 6k.  Someone who has a ton of money like 500k would earn 60k usdn yearly?  Then they can easily convert that usdn to usdt/btc and then to fiat?


If so, how come there isn't much talk about the waves exchange compared to say blockfi/nexo/celsius?
hd060053
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May 08, 2021, 10:04:58 AM
 #7288

Okay so been a while since i checked the waves_exchange client and have quite bit of questions.




So im staking some waves now as i did a while back and see 6% staking and seem to get waves sent to me every week.



I see usdn where you can trade waves for it.  Is usdn a stablecoin like usdt or usdc where its flat one dollar regardless? 


The thing that is confusing here is at the bottom it says you stake usdn and get 12% to 15%   If so, i see you could stake usdn now and it shows interest of 18.67%.  Is that annual interest?  If so, how is that even possible?



Example if one person has 10,000 dollars worth of waves now and trades it for usdn... they get around 10,000 usdn minus trading fees right?  And i see the fees are literally like 15 cents or so?  It literally shows the transaction to swap waves for usdn is 0.005 waves fee.  But i see there is also a protocol fee... so is that another fee you pay?  So imagine trading 10000 usd worth of waves... how much would you get in usdn?



So that would mean if someone has say 10000 usdn and stake it the entire year they going to earn 1200 usdn or so at least by the end of one year?  So now their balance is 11200 usdn?  Thus imagine doing this with 100,000 usdn... you going to earn 12000 usdn a year?  Then with that balance, you could convert that 12000 usdn to usdt... that send that usdt to coinbase or exchange to convert it to fiat and then to your bank account.  Am i making any mistake here?  But this is with using 12% yearly interest but right now... its 18.67%?  But that number changes throughout the days and weeks right?  But it doesn't get lower than 12%? 



If that is the case, couldn't someone with 1,000,000 dollars literally just earn 120,000 usdn a year and then convert that to usdt... then convert it to fiat to coinbase and back to their bank account?  I know those sites like blockfi, celsius offers you interest like that on stablecoins like usdt and usdc etc... so the waves exchange does it as well with usdn?  And USDN is basically a stablecoin of a dollar and never changes?



Can anyone confirm this?




Are people here buying usdn and staking it?  This seems ridiculous that one can literally earn at least 12% yearly interest with it right now as passive income?  I mean 50k usd earns you 6k.  Someone who has a ton of money like 500k would earn 60k usdn yearly?  Then they can easily convert that usdn to usdt/btc and then to fiat?


If so, how come there isn't much talk about the waves exchange compared to say blockfi/nexo/celsius?

yes, it is true and it is working. There is just not much marketing going on and no attention to Waves
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May 08, 2021, 04:35:18 PM
 #7289

Okay but are many people buying usdn and staking?  That is a ton of interest to earn...



Why are not lot of people doing this?  I mean thats even higher than blockfi, nexo and celsius rates?  Im also confused of that apy rate.  Is that higher than the interest rate? 
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May 08, 2021, 10:09:51 PM
 #7290

Why are not lot of people doing this? 

Because:
There is just not much marketing going on and no attention to Waves

So spread out the good words for Waves.


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jerry0
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May 08, 2021, 10:49:02 PM
 #7291

Why are not lot of people doing this? 

Because:
There is just not much marketing going on and no attention to Waves

So spread out the good words for Waves.


How would i do this?  I dont know anyone personally.  You mean talk about waves on other forums or something?  This is literally one of the few forums i visit etc...
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May 09, 2021, 06:04:52 AM
 #7292

Withdrawal fees on waves exchange are very high now and they need to be reduced with adding some new gateway partners or alternative way for withdrawals.
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May 09, 2021, 10:10:39 PM
 #7293

How would i do this?  I dont know anyone personally.  You mean talk about waves on other forums or something?  This is literally one of the few forums i visit etc...

You can also advertise it here in other threads. Defi threads for example. There are enough users who haven't heard of Waves yet.



Withdrawal fees on waves exchange are very high now

For which coin?


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May 10, 2021, 06:57:30 AM
Merited by unheiliger (1)
 #7294

Withdrawal fees on waves exchange are very high now and they need to be reduced with adding some new gateway partners or alternative way for withdrawals.

I sell any coin into Waves, transfer it for a low fee and exchange the waves back into that coin.
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May 10, 2021, 09:11:00 AM
 #7295





Well, you all know about Waves' recent progress! Are you already a Waves fan? If so, be sure to participate in the new Duck Hunters round!

Post pics featuring the Waves logo in your daily life on Twitter with #WavesDucks $WAVES #RideOnWaves hashtags and your Waves.Exchange wallet address in your Twitter bio.

Sky is the limit to your creativity: you can add the Waves logo to your tattoos, manicure, cars, posters in your room or whatever else you choose!

This round will run through May 11, 7 PM (CET), and the winners will receive $EGG tokens for participation on May 12-13. Each awesome tweet will be rewarded with 1 $EGG. The craziest works will get even more $EGG! Let the fan craze begin!


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May 10, 2021, 12:58:58 PM
Last edit: May 10, 2021, 01:09:26 PM by crypto_trader#43xzEXrP
 #7296

Pffff. This scam-shit still rat's centralized scam-shit, really. No any paybacks of my real money, from this rats, more than 1 year.
I lost more than 2 BTC in this shit. Over $450,000 I lost, and it's true, I have no any acess for this, after their SCAM,
and within more than 1 year, noone did not even contact me,
to turn-back my fucking Jewis papers,
which are printing, on printing press, every year,
with volumes the hundreds of billions, and without any crime.

Only moderations, I see on this capitalistic forum.


Contact me in TOX: 653D6C2D13B6DF22C4CB93432586398858A608EE5457624A9A728BE1A9252C5DA12B894C54DB, or just crypto-trader@toxme.io. Also, WAVES - SCAM! ;(
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