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Author Topic: Need $2000 on 190k wx collateral 60+ days  (Read 327 times)
MarquiseMuseum (OP)
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November 24, 2023, 05:37:11 AM
Last edit: November 24, 2023, 05:53:19 AM by MarquiseMuseum
 #1

Please specify term length preferably over 90 days and your total interest.

https://wavescap.com/asset/WX/richlist

61   
3P7VGLF9vPVsUZusxP9hBjQ2NwkNyhppb5G
206,250 2,533 $

I have encountered short term expenses in a flat rent $1000, a slightly overleveraged crypto position on binance $500 and living expenditures until the 20th of december when $2000 will be coming in. My binance VISA also expires on the 20th december and must allocate $500 collateral on NEXO to dispatch a new physical VISA through their platform service which will take 4 weeks to deliver.

I have also secured $8000 worth of secondary rental agreement with a new tenant on airbnb and as such have $2000 monthly of disposable income for the next 10 months.

However right at this moment and for the next weeks I am short around $1500-$2000.

Patent studied 2017 Certified ABT/NFT catalogue
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES
ABTx swap certificate for https://rarible.com/MarquiseMuseum/sale 7.5m tokens per NFT
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November 24, 2023, 07:45:19 AM
 #2

However right at this moment and for the next weeks I am short around $1500-$2000.



Can't do much about being short.  :/

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alterra57
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November 24, 2023, 11:20:54 AM
 #3

You're offering an illiquid token as collateral.

MarquiseMuseum (OP)
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November 24, 2023, 04:57:39 PM
 #4

You're offering an illiquid token as collateral.

Not really in the scope of this trade. Order depth on the swap exchange is $5000 on 10% slippage compared to spot.

https://wx.network/swap/WX_WAVES

a 200k stack is only a few % slippage (1100 waves).

Total Market liquidity is ~$40 000 (80% slippage).

Patent studied 2017 Certified ABT/NFT catalogue
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES
ABTx swap certificate for https://rarible.com/MarquiseMuseum/sale 7.5m tokens per NFT
alterra57
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November 24, 2023, 07:26:14 PM
 #5

You're offering an illiquid token as collateral.

Not really in the scope of this trade. Order depth on the swap exchange is $5000 on 10% slippage compared to spot.

https://wx.network/swap/WX_WAVES

a 200k stack is only a few % slippage (1100 waves).

Total Market liquidity is ~$40 000 (80% slippage).

206,000 WX is ~ 800 USD, am I missing something here because this isn't worth the 2,500 USD you're talking about?

MarquiseMuseum (OP)
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November 24, 2023, 08:21:00 PM
 #6

200k wx is 1124 waves which is worth ~$2400 when waves $2.1:

https://wx.network/swap/WX_WAVES



Even on the spot you can sell 200k for 1100+ waves:

https://wx.network/trading/spot/WX_WAVES

Patent studied 2017 Certified ABT/NFT catalogue
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES
ABTx swap certificate for https://rarible.com/MarquiseMuseum/sale 7.5m tokens per NFT
alterra57
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November 24, 2023, 09:32:04 PM
 #7

Here it's super illiquid, with a 24 hour volume of 24.7k WX: https://wx.network/trading/spot/WX_WAVES
Here it does give that much Waves but I don't know why it much lower on USDT: https://wx.network/swap/WX_USDT-ERC20

MarquiseMuseum (OP)
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December 06, 2023, 12:44:39 AM
 #8

obtained $650 vs 150k.

Patent studied 2017 Certified ABT/NFT catalogue
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES
ABTx swap certificate for https://rarible.com/MarquiseMuseum/sale 7.5m tokens per NFT
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December 06, 2023, 10:18:36 PM
 #9

obtained $650 vs 150k.

Can you provide blockchain proof?  I looked at your trust and you have two negatives from a long time ago.  If that trust is no longer relevant, I'd be happy to provide a positive correction for you once you pay back this loan.

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MarquiseMuseum (OP)
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December 07, 2023, 12:50:18 AM
 #10

obtained $650 vs 150k.

Can you provide blockchain proof?  I looked at your trust and you have two negatives from a long time ago.  If that trust is no longer relevant, I'd be happy to provide a positive correction for you once you pay back this loan.

It is not in my best interest due to liquidation scalpers who are hawking my accounts on binance and waves but since its only for a few days I can afford the market risk to publicize that info:



This is not a p2p loan on bitcointalk its a defi smart contract.

Patent studied 2017 Certified ABT/NFT catalogue
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES
ABTx swap certificate for https://rarible.com/MarquiseMuseum/sale 7.5m tokens per NFT
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December 07, 2023, 09:33:19 PM
 #11

It is not in my best interest due to liquidation scalpers who are hawking my accounts on binance and waves but since its only for a few days I can afford the market risk to publicize that info:



This is not a p2p loan on bitcointalk its a defi smart contract.

Here we go

502 Bad Gateway

nginx

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.ROOBET 2.0..██████.IIIIIFASTER & SLEEKER.██████.
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    PLAY NOW    
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December 07, 2023, 09:59:43 PM
 #12

It is not in my best interest due to liquidation scalpers who are hawking my accounts on binance and waves but since its only for a few days I can afford the market risk to publicize that info:



That is an image.  Can you provide the blockchain proof?

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MarquiseMuseum (OP)
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December 08, 2023, 12:26:51 PM
 #13

This is one of the official project wallets:
https://wavesexplorer.com/addresses/3P7VGLF9vPVsUZusxP9hBjQ2NwkNyhppb5G

It's the one with all the vault tokens:
https://w8.io/top/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB

If you cross check transactions between this and another wallet used for higher risk activities such as swop/puzzle and other experimental DeFi apps:
3P22Edy69UtudjaMdcYYRSr6esbVrrubWzt

You will find all the blockchain history connected with this loan/screenshot/topic.

I repaid and moved it back to Binance x5 isolated yesterday because I decided to lock a majority of the wx as gwx over 4 years to increase staking rewards from the m2/wx pool:

https://wavesexplorer.com/transactions/4NLjx8AUzUSmB7vdciWFBkEJn4KotHYd5FxTRZ6EihTW
https://wavesexplorer.com/transactions/ChDcWPHFgZ9DeoPWsCS2StAvuBEZw2hqyK1kr3UJTBkj

https://wx.network/liquiditypools/pools/Marquise%20Museum_WX/deposit

On a different tangent, this pool which was activated a few weeks ago in combination with pool voting using gwx makes it possible to perform a concrete ROI analysis on proposed project valuation/acquisition cost.

A $100 000 cash buyout with $30 to $40 thousand reserved for buying 2-3 million wx in market and locking them as gwx for a total of 5% global pool weight, will net the buyer 8 year ROI* as this 5% weight translates into ~4000 daily wx rewards equal to $1100 per month.

The $100k will also grant access to the 440m (+40m in float) vault tokens directly or by third party fund management and market making through myself as the original founder and 6 year project coordinator.

This token ownership is then convertible into NFTs 27 published and another 30 unpublished. Market rate per NFT is $20 to $30 thousand equal to a total valuation of vault 2 at around 2 million USDT which is also the price bracket vicinity I have fixed the tokens to in public market:

https://wx.network/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES

$2m appraisal:
https://docdro.id/d42ND6g

This is referencing the erc-20 vault but several factors contribute in my opinion to a matched valuation of the waves vault even though NFT collectibles on waves are less worth than eth.

The ERC-20 stock was recently added to a uniswap pool at an acquisition price between $300m to $5bn for reference.
https://app.uniswap.org/swap?inputCurrency=0xa4daae9552cd2390ee1dcdd1a76bc8d0eea22609&outputCurrency=0xdac17f958d2ee523a2206206994597c13d831ec7

Its unfortunate that it took 6 years to add 100% of the ERC-20's properly to a public market where no one will find them, but atleast they went from cold to hot storage. I would accept a cash offer of $3m USDT for that vault which is where its NFT counterparts are listed aswell ($100kx27).

*ROI is 8 years in a circumstance of wx trading at $10m. Wx market cap was $1bn last year. ROI in x10 scenario is 9 months. Marquise Museum market cap can easily be pumped and sustained from present day $40k to $500m-$5bn using the wx rewards on a 3m gwx stack. This pump will then be leveraged for cmc activation in top 100 global ranking and then further monetized down the road with artbasel and christies partnership.

https://www.coinlore.com/coin/marquise-museum/historical-data
https://coinmarketcap.com/currencies/marquise-museum/

This project is a high risk venture and it is possible perhaps even likely to lose all your money. Invest with caution and due diligence.

This loan topic does not concern any of the above info except the requested blockchain history, the requested $2k were intended for private living expenses which are now taken care of.

However I find it prudent to update the bitcointalk community on the projects progress because it achieved a few recent and significant milestones. It was also the subject of a long term loan offer a long time ago in the long term section so there is some association with the board.


Patent studied 2017 Certified ABT/NFT catalogue
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES
ABTx swap certificate for https://rarible.com/MarquiseMuseum/sale 7.5m tokens per NFT
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