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Author Topic: How to set up smaller staking coins on a Decentralized Exchange (DEX)  (Read 29 times)
paramind22 (OP)
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December 29, 2020, 07:05:50 PM
 #1

I think one of the most important things in the near future is to get smaller staking coins that have a community on decentralized exchanges.   How about we talk about how to set them up on a decentralized exchange?

ryzaadit
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December 29, 2020, 07:34:01 PM
 #2

Why you need that?

Decentralized Exchange purpose to fully control all of your assets without being centralized on the exchange, If there has some pools stacking on some exchange or service you need to send them to them. It's not really good at all, because that's make your fund being centralized, and exchange always one of the main target hacking attempt.

One of example, If some token let's say the project has some stacking feature on ERC20 Token. What's you need to do only depending on how long you are holding the token on your wallet address them without need the wallets always online like POS Coin.

And to minting the stacking reward only required a gas transaction.

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markm
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September 20, 2024, 11:39:12 AM
 #3


Not sure the two posts above are talking about the same thing?

O.P. seems to be writing about staking coins, that is to say, so called Proof of Stake coins;

Respondent on the other hand seems to be referring to tokens rather than to coins.

As to enabling trade in small "staking coins" on DEX, a number of the coins adopted by the Galactic Milieu are Proof of Stake coins (aka staking coins), as I recently posted; they can be traded on Stellar's builtin "DEX", see https://MakeMoney.Knotwork.com/stellar/

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