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Author Topic: Coins with incentives to hodl long term  (Read 320 times)
tabas
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April 19, 2021, 07:52:41 PM
 #21

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?
Neo.
Tezos.
Those are the few and there are many others. Trust wallet has that feature for staking coins.
https://trustwallet.com/staking/
The longer we do the staking, the more rewards we get from them which could really attract holders to put their cryptos on their trust wallet.
I'd find this very effective and a sort of encouragement for those who want to hold for several years. Maybe I'm not like them but this is a good option and usually, I do staking during the bear season while waiting for the Bullrun to comes.
I'm also not like them but I'm just giving a suggestion that's better than the others who are holding their balances on exchanges. At least trustwallet is becoming popular.
And AFAIK, it's already owned by Binance too.

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April 20, 2021, 09:59:52 AM
 #22

I find holding the top platform coins in the market to benefit greatly. In addition, the floor coin is also one of the interesting options to lock.

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April 20, 2021, 01:11:13 PM
 #23

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

This had been the trend today of several newly created token that is created in Decentralized exchange like uniswap, pancakeswap and Defi Nominex.   They wanted the holder to participate in their liquidity pool (LP) wherein they stake their token paired with USD and in return will gain stake or interest depending on how long their token is locked.  Just check the coinmarketcap for the newly listed token and check their features.  To name some, you can check nominex, momo protocol and many more.

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April 21, 2021, 08:02:22 AM
 #24

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

This had been the trend today of several newly created token that is created in Decentralized exchange like uniswap, pancakeswap and Defi Nominex.   They wanted the holder to participate in their liquidity pool (LP) wherein they stake their token paired with USD and in return will gain stake or interest depending on how long their token is locked.  Just check the coinmarketcap for the newly listed token and check their features.  To name some, you can check nominex, momo protocol and many more.
Interesting, thanks. The thing is, I lost several 10s of bitcoins by trading like an idiot, so I'm looking for a mechanism to prevent me from unstaking / removing liquidity, so I keep my coins during bearish times.
What I'm looking for is strong incentives (such as penalties for unstaking), or a plain impossibility to retrieve coins before a certain date. I feel like hex doesn't have strong enough incentives.
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April 21, 2021, 08:34:23 AM
 #25

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?
many tokens make promises to add incentives. but please know I was stuck on the token and suffered a loss of $ 500 I think we have to do the analyst because the token with the system can scam at any time and it can make us lose

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April 27, 2021, 10:10:15 AM
 #26

I found something that could help lock ETH or any ERC20 token:
https://www.stateofthedapps.com/dapps/lock
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April 27, 2021, 10:30:52 AM
 #27

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?
many tokens make promises to add incentives. but please know I was stuck on the token and suffered a loss of $ 500 I think we have to do the analyst because the token with the system can scam at any time and it can make us lose
Same happened to me as well. When TRX was announcing about BTT token airdrop on monthly basis, I decided to invest on TRX and TRX was trading above 780 satoshi at that time I invested a big money and then it was crashed to as low as 120 satoshi and right now it is slightly recovering and trading above 210 satoshi still a long way ahead to get me profits. The unfortunate situation is even those BTT tokens I got from airdrop did not get me any significant profits even with recent rise up.

I have tried few POS coins and masternode and none of them were profitable to me in both BTC and USD values but simply sticking only with bitcoin holding people are making good profits with assure peace of mind.



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April 27, 2021, 10:46:28 AM
 #28

In fact, the application method to reduce selling pressure has been carried out in addition to locking, such as farming, staking coins for a certain time and it seems that this method is effective on some coins that have a good roadmap in the long run.
Like cakes that have various types of coins for staking on their platform, of course, with different apr / apy.

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April 27, 2021, 10:37:36 PM
 #29

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

There are many altcoin projects that provide incentives to those who invest in their projects. and currently I'm looking for incentives on Thefutball project through the application they launched. they have a hodl program that provides an incentive of 20% / month and this program is for 10 months / 1 contract. and this altcoin has been circulating in several markets such as Bitrex and Latoken.

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