@cz_binance: RT @binance: #Binance iOS mobile app V2.11.0 is now live 🔸Homepage revamp. 🔸#BinanceFutures Calculator. 🔸#Crypto to crypto conversions for 200+ pairs. 🔸Ability to post trade advertisements on Binance P2P. Update your app, or download it here: 📲https://t.co/qz9JDynPIT
@binance: #Binance iOS mobile app V2.11.0 is now live 🔸Homepage revamp. 🔸#BinanceFutures Calculator. 🔸#Crypto to crypto conversions for 200+ pairs. 🔸Ability to post trade advertisements on Binance P2P. Update your app, or download it here: 📲https://t.co/qz9JDynPIT
@cz_binance: RT @LLcryptoJ: Update: The best way trading Crypto on the go is with Binance App. Download latest @binance iOS App v2.5.2 on the AppStore. This version comes with some Bug fixes and improvements to ensure the best experience for mobile trading. https://t.co/j0QcCRnVZZ
In this article, I discuss some of the features that make Ethex Trade Wallet an innovative option for ETH and ERC20 token traders. What do you see as the biggest factor for crypto wallet and/or exchange mobile app adoption?
[uncensored-r/CryptoCurrency] Do you guys want a mobile app that lets you trade crypto for Bittrex/Poloniex/Binance + manage yo...
The following post by pynoise is being replicated because some comments within the post(but not the post itself) have been openly removed. The original post can be found(in censored form) at this link: np.reddit.com/ CryptoCurrency/comments/7p5qhq The original post's content was as follows:
I'm half-way through developing it but I feel slightly demotivated -- would you guys actually use something like this? How much would you be willing to pay for the app/ would you be okay with ads? I wanna give back to the community in my own little way and I was wondering if this is even useful
$XTI - XSTAKE a DEFI platform you can yield farm by just holding! Universal Basic Income to holders
My apologies, i got the ticker wrong it is $XTK not $XTI
What is XTake ($XTK)?
Xtake.finance is born as a global DeFi ecosystem based on the XTK governance token. Essentially it is another easy and constant passive income / yield farming token.
So what makes it different?
To be an XTaker you only need register an ETH address and hold the XTK tokens. This means all you need to do in order to stake and yield farm is to just own the token! Different amounts of owned $XTAKE will yield more rewards which are posted below and are rewarded monthly: - XTAKER | 100.000 - | XTK 5% Yield - XTAKER | SILVER- 500.000 | XTK 10% Yield - XTAKER | GOLD - 2.000.000 | XTK 25% Yield Ideally, Xtaker wants to make this process of yield farming easy and accessible for all and as simple as just purchasing the token. To make this product accessible to all, they are planning on creating a mobile app, making it easy to connect your ETH wallet and see your yield rewards through a dashboard.
But wait can't I just buy it right before the monthly snapshot and get the yield rewards?
The Xtake team has created a smart contract that randomly checks your balance 3 times a day to see if you are holding your Xtake tokens in your wallet. The yield rewards are then collected based on the average of all the snapshots multiplied by the yield reward you are tiered in.
Liquidity Yield Farming?
The main goal of the $Xtake product is to provide the maximum amount of freedom to people using the platform. That is why with this program you won’t need to lock your tokens in Uniswap for a certain time, you are going to be able to add or remove your liquidity whenever you want. How does it work? (Taken from website) The system will evaluate all the liquidity provider addresses in Uniswap and make 3 dailly random snapshots at diferent hours to save the balance of the liquidity providers (their addresses). This will allow us to calculate a daily average of the 3 snapshots and so on during 7 days. By the end of each week we will have the weekly liquidity average balance of each liquidity providing address in the pool. XTK in liquidity: 0 to 499.999 === 2,5% weekly reward related to average balance500.000 to 1.999.999 === 5% weekly reward related to average balance2.000.000 or more === 12,5% weekly reward related to average balance
Are there any drawbacks to this system?
Yes, the people who get in early will profit much more from yield farming than those who get in later. Also the pool of yield farming will eventually be drained after the course of 7 years. Additionally, right now the price of entry for 2,000,000 $XTAKE for the sweet 25% yield reward is 7.5 eth. This can dramatically increase in price as the token grows in value and even a small 2x would make it now cost 15eth to get 25% yield rewards.
Can I trust the team not to rugflip / are tokens locked?
Currently the tokens are locked in unicrypt and the raised ETH is being pooled into the liquidity pool on Uniswap. The team has been working on this product for 3 months and just finally released it yesterday so you are still relatively early if you are finding this post now.
Other notes / FAQS
- What was the presale price? It was 0.0010$ / XTK for the public sale and 0.006$ / XTK for the presale (presalers bought into the product in june and there were not many). - Where is it currently traded? Currently the only way to buy the token is on UniSwap. (Link provided below as info) - What is the marketcap? Market cap at time of post is 300k ~ .0017$ per token - Is there a place I can go to join the community and ask more questions? https://t.me/xtakefinance (Where I hang out!)
I haven't been in many yield farming projects early because I just started trading crypto again last week. However, I think this is an opportunity to get into a project that is new with devs that are working hard and not going to rugflip (They are active on telegram). I personally enjoy the activeness of the community as well! My only complaint is that the website and the whitepaper is full of grammar issues and typos (which makes me reserved on saying how good their coding is). Other than that I am excited to see this project's growth and enjoy the idea of making crypto products easier to understand and accessible for all.
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