Story time from somebody who wanted to test out Nexo loans. Feel free to share thoughts in the comments below, but the purpose of this story is just to serve as a warning for anybody considering a serious Nexo loan (like 20k+) be prepared for crazy fees, and extreme difficultly paying back the loan in USD to avoid fees as an American. I put about 100k USDC to try out Nexo. 8% interest was going well, and it was all pretty cool. I read on all the DeFi lending opportunities (significantly higher interest) and started deploying that capital across a few projects to test and see which are legit etc. (For those of you curious, after a month of research, on the yield side of things, I decided adding liquidity to Uniswap's ETH-USDC pool is appropriate for my risk appetite, and that the APY is 30%+. On the loan side of things, Maker DAO's ETH CDP loans are 0% currently, instant and painless. Its really an amazing experience.) I also decided to test out the different loan providers (meaning I took out loans) on the DeFi side of things as well as the Nexo side of things. I had about 35k USDC leftover in Nexo with almost the max I could borrow (~32k?) And then the nightmare began.
Originally I assumed that I would be collecting interest on all my assets in Nexo, but there's the two different wallets (savings, and credit) so of course no more interest yield anymore when I tried doing a loan. Ok.
I learned that Nexo market sells the crypto you use for loan repayment on some unknown exchange they refused to tell me "for security reasons." Try market selling 32k of crypto, you're gonna have slippage on pretty much every market I can think of. Ok... The reason why letting me know what exchange is so that I can calculate the slippage on my order on the market they would sell on and decide if I want to continue with the repayment method or not.
Nexo charges a fee for the sell order (0.26% if I recall correctly from one of my many customer support conversations.) Well thats getting pretty scammy, in my opinion.
Only after I tried repaying the loan (as opposed to before taking a loan) Nexo kindly informs us on the dashboard UI that they will automatically charge the full first month of loan interest "so that the loan system is used as intended" or something like that. Icing on the cake. Seems unnecessary to me. Nice.
About three weeks go by and now I'm in a bind trying to pay this back, because I could realistically be looking at 2-3% in slippage, 0.26% in transaction fee, and about 1% in loan interest after the first month here. That's about $1,363.20 in costs out the gates for a 32k loan, which was not made clear before pulling out the loan. I had to find bits and pieces of this over my many customer support conversations. Fine. So I start researching how to make this cheaper. So I decide, hey, I'll repay in USD because no slippage, no transaction fee. That removes tons of ambiguity. This is the perfect solution. ... Nexo says that ACH transfers have to be done from an account matching my name exactly. I bank with one of the biggest US banks (I'll leave out those details so my bank doesn't get social engineered!) they say that ACH is only available under my business account (with of course, my business's name not my personal name) so I must use the "bill pay" feature, which normally does "echecks" if the recipient is "in the system." With my luck, Nexo was not, so they had to cut a physical check. Ok. 7 full days go by, my bank said they cancelled the check because I didn't confirm it. Turns out I had the notification for this specific thing disabled. That sucked. Okay I try again. Meanwhile, almost every day since the second check was sent I followed up with my bank to make sure things work out smoothly. Okay, great, check is to arrive Friday the 21st. Friday the 21st comes, and I follow up with Nexo support. They basically say "hey well for checks we physically have to go through them and everybody is out of office now...so you'll have to wait another 2-3 business days." I was pissed at this point but told them okay and that I'll follow up. Bear in mind I'm accruing another month of interest, which increases the pressure for me here. So I follow up on Monday and they say they haven't gotten anything, and that I need "official information" on the details of the check. I tell them everything I can read off the bank's app and they say its not good enough. I check with my bank and they say its delivered. I ask my bank if they can deal with Nexo directly, and they said yeah over the phone. I also ask for "official details" on the payment and the bank provides that for me. Great. I go back to Nexo and below is the latest correspondence. What I want to point out here is how dodgy I think the support is, and how they make 0 concessions on extreme cases such as mine. I think this was the seventh support person I spoke with during the entire repayment. Every conversation went similar to this, but with me being more and more irate.
Chat started on 26 Aug 2020, 08:27 PM (GMT+0) (08:27:13) *** Alexander V. Pavlovcik joined the chat *** (08:27:13) Alexander V. Pavlovcik: I need a phone number so my bank can call you because I’ve been trying to make a payment for the last three weeks to you guys. You claim to never have gotten them and you’re charging me interest (08:27:14) Alexander V. Pavlovcik: I need a phone number so my bank can call you because I’ve been trying to make a payment for the last three weeks to you guys. You claim to never have gotten them and you’re charging me interest (08:27:14) Alexander V. Pavlovcik: I need a phone number so my bank can call you because I’ve been trying to make a payment for the last three weeks to you guys. You claim to never have gotten them and you’re charging me interest (08:27:15) Nexo Customer Support: Hi Alexander V. Pavlovcik! Welcome back. Thanks for your message, please wait a moment while one of our agents attend to you. (08:27:16) *** Nexo Bot joined the chat *** (08:27:16) Nexo Bot: Hello from Nexo RoBot! (08:27:16) Nexo Bot: Hello from Nexo RoBot! (08:27:17) Nexo Bot: Unfortunately, I am unable to understand your question. Please try to rephrase it or choose one from the list below. (08:27:17) Nexo Bot: Please let me know how can I help you today? You can also click on the suggested replies. (08:27:17) Nexo Bot: I am all ears. (08:27:17) Nexo Bot: Please let me know how can I help you today? You can also click on the suggested replies. (08:27:18) Nexo Bot: I will do my best to assist you today. Please ask one question at a time. (08:27:18) Nexo Bot: I will do my best to assist you today. Please ask one question at a time. (08:27:46) Alexander V. Pavlovcik: Human agent (08:27:49) Nexo Bot: Would you like me to transfer you to my human colleague? (08:27:52) Alexander V. Pavlovcik: yes (08:27:54) Nexo Bot: Please give me a min to start the transfering process. (08:27:55) Nexo Bot: … (08:28:27) Alexander V. Pavlovcik: OK (08:28:30) Nexo Bot: Let me check if someone is available. Is that OK with you? (08:28:32) Alexander V. Pavlovcik: OK (08:28:35) Nexo Bot: I can confirm that one of my human colleagues is available. I am transfering this conversation to him/her. (08:28:35) Nexo Bot: Thank you for chatting with me. (08:28:35) *** Nexo Bot has transferred chat to Support *** (08:28:37) Nexo Bot: One of my co-workers will be with you shortly. (08:28:53) *** Beyhan joined the chat *** (08:28:55) Beyhan: Hello Alexander V. Pavlovcik and Welcome to Nexo Support! My name is Beyhan. I will be assisting you today. (08:29:44) Alexander V. Pavlovcik: Ok (08:29:53) Alexander V. Pavlovcik: I need a phone number so my bank can call you because I’ve been trying to make a payment for the last three weeks to you guys. You claim to never have gotten them and you’re charging me interest (08:30:14) Beyhan: We do not offer over-the-phone support, unfortunately. (08:30:49) Alexander V. Pavlovcik: what the hell am I supposed to do now (08:31:20) Alexander V. Pavlovcik: Check my transcript so you can get up to speed from the last three weeks (08:31:31) Alexander V. Pavlovcik: Visitor uploaded: list.pdf URL: [[url redacted for reddit]] Type: application/pdf Size: 179195 (08:31:48) Alexander V. Pavlovcik: Here’s proof of payment I need credit to my account (08:31:49) Beyhan: You can email us at [email@example.com](mailto:firstname.lastname@example.org) if you have not contacted us there before. (08:31:53) Alexander V. Pavlovcik: man (08:31:59) Alexander V. Pavlovcik: its been three weeks (08:32:09) Alexander V. Pavlovcik: i have two threads on email (08:32:40) Alexander V. Pavlovcik: This is the second check to go out (08:34:01) Beyhan: I am unable to find any emails, can you provide your email address? (08:34:14) Alexander V. Pavlovcik: [[redacted]] (08:34:24) Alexander V. Pavlovcik: This is the second check to go out (08:34:32) Alexander V. Pavlovcik: [[redacted]] (08:34:39) Alexander V. Pavlovcik: These messages are failing to send (08:35:08) Beyhan: I see you emailed us 15 minutes ago with the document we required. (08:35:13) Beyhan: Our team will email you soon. (08:36:00) Alexander V. Pavlovcik: I need some type of phone number for my bank to at least try and speak with somebody on your end before stopping the check (08:36:16) Alexander V. Pavlovcik: i already tried for three weeks and nothing has been done (08:36:41) Beyhan: You can let the team working on your case know about this once they reply to your last email. (08:37:01) Alexander V. Pavlovcik: what about this interest im being charged (08:37:28) Beyhan: Unfortunately, I'm unable to comment on that before the case has been resolved. (08:37:44) Alexander V. Pavlovcik: The interest is part of the issues to be resolved (08:37:59) Alexander V. Pavlovcik: The first issue obviously is the payment situation (08:38:02) Alexander V. Pavlovcik: the second is the interest (08:38:12) Alexander V. Pavlovcik: I need my money back (08:38:17) Beyhan: Great, hopefully, our team will help you out very soon. (08:38:24) Alexander V. Pavlovcik: its been three weeks man (08:38:33) Alexander V. Pavlovcik: how about you transfer me to somebody who can help (08:38:59) Beyhan: But it's not like our team hasn't been responding to your emails. (08:39:14) Beyhan: Unfortunately, the team behind your case isn't available for chat. (08:39:17) Alexander V. Pavlovcik: Its circumlocution at best (08:39:40) Alexander V. Pavlovcik: I dont care about that team they obviously havent been capabale (08:39:55) Alexander V. Pavlovcik: I need to speak with a higher up who can actually do something about the issue (08:40:02) Alexander V. Pavlovcik: at least stop the scammy interest on it (08:40:14) Alexander V. Pavlovcik: its very clear i have the funds and have tried to pay it back (08:40:36) Alexander V. Pavlovcik: if you guys refuse to accept an ACH transfer from my business account thats on you (08:40:38) Beyhan: Unfortunately, only I am available on chat at the moment. Our team will review your last email very soon - we will just need your patience. (08:40:46) Alexander V. Pavlovcik: and if you refuse to speak with my bank on the phone thats also on you guys (08:41:47) Beyhan: We do not offer over-the-phone support at the moment, unfortunately. (08:41:57) Alexander V. Pavlovcik: I saw your earlier message (08:42:08) Alexander V. Pavlovcik: like i said, thats on you guys not me or my bank (08:42:28) Alexander V. Pavlovcik: as a consequence i shouldnt have to pay the price for your refusal of phone support (08:42:40) Alexander V. Pavlovcik: in this case thats $200-$300 in interest (08:42:45) Alexander V. Pavlovcik: thats a scam (08:43:25) Alexander V. Pavlovcik: Whats the address for nexo? (08:43:38) Beyhan: Sir, please try to remain calm and wait for the resolution of the case. (08:43:58) Alexander V. Pavlovcik: Where is nexo incorporated (08:44:10) Beyhan: Nexo is a European company. (08:44:14) Alexander V. Pavlovcik: yeah i know (08:44:17) Alexander V. Pavlovcik: whats the address (08:44:54) Beyhan: The Nexo Group has legal entities in various locations throughout the world, in order to services 200+ jurisdictions in the most efficient manner and is in compliance with all applicable global and local regulations. https://support.nexo.io/hc/en-us/articles/360008236853-Where-is-Nexo-registered-and-is-it-regulated- For more information, you can email us at [email@example.com](mailto:firstname.lastname@example.org) (08:45:27) Alexander V. Pavlovcik: Ok (08:45:35) Alexander V. Pavlovcik: That was another roundabout answer (08:45:37) Alexander V. Pavlovcik: im in the united states (08:45:42) Alexander V. Pavlovcik: who am i reaching out to (08:45:49) Alexander V. Pavlovcik: with my bank (08:45:59) Alexander V. Pavlovcik: and eventually legal representation (08:46:08) Beyhan: Again, please wait for our team's responce. (08:46:11) Beyhan: response*. (08:46:31) Alexander V. Pavlovcik: so you’re not going to give me a direct answer on the united states entity (08:46:42) Alexander V. Pavlovcik: Its contact information / address (08:47:12) Beyhan: For more information on that you can email [email@example.com](mailto:firstname.lastname@example.org) or reply to the next email you receive from us. (08:47:17) Alexander V. Pavlovcik: no (08:47:18) Alexander V. Pavlovcik: im asking you (08:47:30) Beyhan: I'm unable to provide that over chat. (08:47:31) Alexander V. Pavlovcik: so you’re not going to give me the address (08:48:04) *** Alexander V. Pavlovcik has rated the chat Bad *** (08:48:04) *** Alexander V. Pavlovcik has commented: Nexo is a scam *** (08:48:04) *** Alexander V. Pavlovcik left the chat ***
Necessary Disclaimer: no rule breaking intended. No price manipulation intended. I only want to share verifiable facts/links and my analysis. If I am doing anything against the rules please let me know and I will do my best to fix it ASAP. I trade crypto, including LINK, and I am currently short on LINK. This is not financial advice; this is just for my own record and to start a discussion for anyone who might want more transparency around LINK.
I believe there is a lot of misinformation, uncertainty, and unanswered questions about the LINK token, the Chainlink ecosystem, the SmartContract parent company. I also believe that LINK's current price is unjustified based on fundamental factors like usage/business case/current customers/future potential. So I'm raising some points and asking some questions. What is this post? Why should I care? How do I use it? Read or skim it. It's about the LINK token, the Chainlink ecosystem, and the parent company SmartContract. It's about why I believe the price of the LINK token may be currently driven mostly by hype and not backed by standard market fundamentals like usage/economics. Update 9 AUG: reorganizing, rewriting this post and moving supporting data/sources into "appendix" comments below on this post. The previous versions of this post and my comments elsewhere were too emotionally charged and caused more division rather than honest, evidence-based, productive discussion and I sincerely apologize for that. I have now rewritten it and will continue to update it.
Threshold signatures, staking, on-chain SLAs: How real are these, is there a roadmap, how will this benefit users, is there any evidence of users currently *wanting* to use chainlink but needing these features and actively waiting for Chainlink to launch these? Staking: for there to be a valid incentive for users to stake LINK, it has to return around 5% annually because anything substantially under that would have users putting their money elsewhere (https://www.stakingrewards.com/cryptoassets) (not counting speculative capital gains in terms of LINK's price, but price gain per token/coin applies to all other crypto projects as well). Currently, for stakable cryptos, around 30-80% of their total supply is staked, and a good adjusted reward is on the order of 5% as well (some actually negative, some 10%+). The promise of staking incentivises people to buy and hold more LINK tokens (again, many other crypto projects have staking already live). That 5% reward will ultimately have to come from the customers who pay Chainlink oracle nodes to use their services, so it's an extra 5% fee for them. Of course, in the near future, the staking rewards *could* be subsidized by the founders' reserve wallets. Threshold signatures: addressed below in a comment. On-chain SLAs: [TODO] Here's supposedly Chainlink's agile/project planning board. (TODO: verify that it is indeed Chainlink's, and then analyse it) https://www.pivotaltracker.com/n/projects/2129823
I manually traced EVERY single inbound transaction/source of funds for the above 4 (not counting #1 as 10 LINK is negligible). 2 & 3 are 99.99%+ genesis-funded, being ACTIVELY topped up by a genesis wallet, last tx 4 days ago, 500,000 LINK. #4 has been funded 36 times over the past year and a half (that's 36 manual exports and I did them all). They all come from the 0x27158..., 0x2f0acb..., and https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x1f9e26f1c050b5c018ab0e66fcae8e4394eb0165 (another address like the 0x2f0acb that I went through and checked EVERY SINGLE inbound source of funds, and it's also >99.9% genesis-funded - one tx from Binance for 6098 LINK out of a total ~6,560,000 inbound LINK from genesis wallets), and two other addresses linked to Binance (0x1b185c8611d157a67d9a9d5261b0d2bd52c0bb78, 10,000 LINK and 0x039ac18afe298747c51c85e7c8f0d67c327f3883, 1,000,000 LINK) The 0x039ac... address funded the "Chainlink: Aggregator" address with 127,900 LINK, and the 0x1b185... with about ~9,600 LINK). So yes, it's technically possible that someone not related to Chainlink paid for the ETH / USD price feed because some funds do come from Binance. However, they only come from two distinct addresses. Surely for "240+" claimed partnerships, more than TWO would pay to use Chainlink's MOST POPULAR price feed? That is, unless they don't pay directly but to another address and then Chainlink covers this one from their own wallets. I will check if that's in line with Chainlink's whitepaper, but doesn't that throw doubt on the whole model of end-users paying to use oracles/aggregators, even if it's subsidized? I provide you this much detail not to bore you but to show you that I went through BY HAND and checked every single source (detailed sources in Appendix B) of funds for the OFFICIAL, Chainlink-listed "ETH/USD" aggregator that's supposedly sponsored by 10 DeFi partners (Synthetix, LoopSpring, OpenLaw, 1inch, ParaSwap, MCDEX, FuturesSwap, DMM, Aave, The Force Protocol). Yet where are the transactions showing that those 10 partners have EVER paid for this ETH/USD oracle? Perhaps the data is there so what am I missing? This ETH/USD aggregator has transferred out ~76,000 LINK to I guess the data providers in increments of .33 LINK. It has 21 data providers responding. I will begin investigating the data providers themselves soon. And those middle addresses like 0x1f9e26... and 0x2f0acb...? They have transferred out hundreds of thousands if not millions of LINK to exchanges. And that's just ONE price pair aggregator. Chainlink has around 40 of these (albeit this one's one of the more popular ones). SNX / ETH aggregator is funded 100% by genesis-sourced wallets, only 3 inbound transactions: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xe23d1142de4e83c08bb048bcab54d50907390828 Some random examples (for later, ignore these for now) *********** https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x039ac18afe298747c51c85e7c8f0d67c327f3883 bought 1,000,000 LINK from Binance in Sept 12 & 15, 2019. (one of the possible funding sources for the ETH / USD aggregator example above) This address got 500,000 LINK from 0x27158... and has distributed them into ~5-10,000 LINK wallets that haven't had any out transactions yet https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x5bcf3edc0bb7119e35f322ba40793b99d4620f1e ************** Another example with an unnamed aggregator-node-like wallet that was only spun up 5 days ago, Aug 5: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x2cbfd29947f774b8cf338f776915e6fee052f236 It was funded 2,000 LINK SOLELY by the 0x27158... wallet and has so far paid out ~500 LINK in 0.43 LINK amounts to 9 wallets at a time. For example, this is one of the wallets it cashes out to: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x64fe692be4b42f4ac9d4617ab824e088350c11c2#tokenAnalytics That wallet extremely consistently collects small amounts of LINK since Oct 2019. It must be a data provider because a lot of Chainlink named wallets pay it small amounts of LINK regularly. It has transferred out 20 times. The most recent transfer out: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xc8c30fa803833dd1fd6dbcdd91ed0b301eff87cf which then immediately transferred to the named "1inch.exchange" wallet, so I assume this was a "cash-out" transaction. It has cashed out via this address a lot. Granted, it also has transfer-out transactions that haven't (yet) ended up in an exchange wallet, eg https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x88e5353a73f38f25a9611e6083de6f361f9b537b with a current balance of 3000 LINK. This could be a user's exchange wallet, ready to be sold, or could be something else. No way for me to tell as there are no out txs from it.
LINK overall transaction, volume, and tx fees
This is to understand how much $ moves through the LINK ecosystem through: nodes, data providers, reserve wallets, wallets linked to exchanges, others. A typical aggregator node tx (payout?): https://etherscan.io/tx/0xef9e8e6dd94ebe9bbac8866f18c2ea0a07408ced1aa77fa04826043eaa55e772 This is their ETH/USD aggregator paying out 1 LINK to each of 21 addresses. Value of 21 LINK ~= $210. Total eth tx fees: .233 ETH (~$88.5, ~42% of the total tx value. If LINK was $4.2 instead of $10, the tx fees would be 100% of the value of the tx). Transactions like this happen every few minutes, and the payout amounts are most often 0.16, 0.66, 1.0, and 2.0 Link. Chainlink’s node/job listing site, https://market.link, lists 86 nodes, 195 feeds, 801 jobs, ~1,080,000 job runs (I can’t tell if this is over the past 2 months or 1.5 years). Only 20 nodes have over 1000 job runs, and 62 nodes have ZERO runs. Usual job cost is listed as 0.1 link, but the overall payout to the nodes is 10-20 times this. The nodes then cash out usually through a few jump addresses to exchanges. Some quick maths: (being generous and assuming it’s 1mil jobs every 2 months = ~6mil link/year = $60,000,000 revenue a year. This is the most generous estimate towards link’s valuation I’ve found so far. If we ignore the below examples where on multi-node payouts the tx fees are more than the node revenue itself, then it’s almost in line with an over-valued (but real) big tech company. For example, one of the latest CHF/USD job runs paid 0.1 LINK to 9 addresses (data providers?) - total $14.4 payout - and paid 0.065 ETH ($24.5) in fees. That’s a $10.1 LOSS on a $14.4 revenue: https://etherscan.io/tx/0xa6351bab810b6864bfebb0f6e1e3bde3c8856f8aac3ba769dd2e6d1a39c0d23f Linkpool’s (one of the biggest node operators) “ETH-USD CryptoCompare” job costs 0.1 link and has 33 runs in the past 24 hours (once every ~44min), total ~78,000 runs since May 30 2019 (once every ~8min). https://market.link/jobs/64bb0845-c4e1-4681-8853-0b5aa7366101/runs (PS cryptocompare has a free API that does this. Not sure why it costs $1 at current link prices to access an API once)
Top 100 wallets (0.05% of ~186,000 total) hold 83% of tokens. 8 wallets each hold over 1% of total, 58 hold over 0.1%. Of these 58, 9 are named exchange/lending pool wallets. For comparison, for Tether (TUSD), the top 100 wallets (0.006% of ~1,651,000 total) hold 35.9% of the supply. 3 addresses hold over 1% of the supply and 135 hold over 0.1%. Of these 135, at least 15 are named exchange/lending pool wallets. LINK’s market cap is $3.5B (or $10B fully diluted, if we count the foundedev-controlled tokens, which we should as there's nothing preventing them from being moved at a moment's notice). Tether’s is $6.9B. Tether has 10 times more addresses and less distribution inequality. Both LINK and Tether are ERC20 tokens, and even if we temporarily ignore any arguments related to management/roadmap/teams etc, Tether has a clear, currently functional, single use case: keep 1 USDT = $1 USD by printing/burning USDT (and yet as of April 2019, only 74% of Tether's market cap is backed by real funds - https://en.wikipedia.org/wiki/Tether_(cryptocurrency))). Given that Chainlink's market cap is now 50% bigger than Tether's, surely by now there's AT LEAST one clear, currently functional use case for LINK? What is it? Can we *see* it happening on-chain?
Chainlink’s actual deliverable products
"What do I currently get for my money if I buy LINK 1) as an investor and 2) as a tech business/startup thinking of using oracles?” Codebase (Chainlink’s github has around 140-200,000 lines of code (not counting html/css). What else is not counted in this? Town crier? Proprietary code that we don't know about yet? How much CODING has Chainlink done other than what's on github? Current network of oracles - only ~20 active nodes - are there many more than the ones listed on market.link and reputation.link? If so, would be nice to know about these if we're allowed! Documentation - they have what seems like detailed instructions on how to launch and use oracle nodes (and much more, I haven't investigated yet) (TODO this part more - what else do they offer to me as an end consumer, and eg as a tech startup needing oracle services that I can’t code myself?)
Network utilization statistics:
Etherscan.io allows csv export of the first 5000 txs from each day. From Jul 31 to Aug 6 2020, I thus downloaded 30,000 tx from midnight every day to an average of 7:10am (so 24 hour totals are 3.34x these numbers if we assume the same network utilization throughout the day). (Summary of all LINK token activity on the ETH blockchain from 31.07 to 06.08, first 5000 txs of each day (30k total) shown Appendix A comment below this post.) If we GENEROUSLY assume that EVERY SINGLE transaction under 10.0 LINK is ACTUAL chainlink nodes doing ACTUAL work, that’s still under 0.1% of the LINK network’s total volume being used for ACTUAL ecosystem functioning. The rest is speculation, trading, node funding by foundedev wallets, or dumping to exchanges (anything I missed?) Assuming the above, the entire turnover of the actual LINK network is currently (18,422 LINK) * ($10/LINK) * (3.34 as etherscan.io’s data only gives first 5000 tx per day which averages to 7:10am) * (52 wk/year) = USD $31,995,329 turnover a year. Note: the below paragraph is old analysis using traditional stock market Price/Earnings ratios which several users have now pointed out isn't really applicable in crypto. I leave it for the record. Assuming all of that is profit (which it’s not given tx fees at the very least), LINK would need a PE ratio (Price/Earnings) of 100 times to justify its current (undiluted) valuation of $3.5 billion of 300 if you count the other 65% of tokens that haven’t been dumped by the founders/devs yet. For comparison, common PE ratios are 32 (facebook), 29 (google), 37 (uber), 20 (twitter on a good year), 10 (good hedge fund returning 10% annual).
Thoughts on DeFi & yield-farming - [TODO]
Why would exchanges who do their due diligence list LINK, let alone at a leverage? 1) that's their business, they take a cut of every transaction, overhyped or not, 2) they're not safe from listing openly bearish tokens like EIDOS (troll token that incentivized users to make FAKE transactions, response to EOS) https://www.coindesk.com/defi-yield-farming-comp-token-explained The current ANNUAL yield on liquidity/yield farming is something like 2% on STABLE tokens like USDC and TETHER which at least have most of their supply backed by real-world assets. If Chainlink LINK staking is to be successful, they'll have to achieve at LEAST that same 2% at end-state. IF LINK is in bubble territory and drops, that's a lot of years at 2% waiting to recoup losses.
SmartContract Team & Past Projects
Normally I don't like focussing on people because it leads too easily to ad-hominem attacks on personality rather than on technology/numbers as I've done above, but I came across this and didn't like what I saw. Steve Ellis, SmartContract's current CTO, co-founded and worked in "Secure Asset Exchange" from 2014 to 2016. They developed the NXT blockchain, issued 1,000,000,000 NXT tokens (remind you of anything?), NXT was listed end of 2013 and saw 3 quick 500%-1000% pumps and subsequent dumps in early in mid 2014, and then declined to . SecureAE officially shut down in Jan 2016. Then at some point a company called Jelurida acquired the rights to NXT (presumably after SecureAE?), then during the 2017 altcoin craze NXT pumped 300 times to a market cap of $1.8 BILLION and then dumped back down 100 times and now it's a dead project with a market cap of $13 million. https://www.linkedin.com/in/steveellis0606/ https://trade.secureae.com/ https://coinmarketcap.com/currencies/nxt/ https://www.jelurida.com/news/lawsuit-against-apollo-license-violations As an investor or business owner, would you invest/hire a company whose co-founders/CTO's last project was a total flop with a price history chart that's textbook pump-and-dump behaviour? (and in this case, we KNOW the end result - 99% losses for investors) If you're Google/Oracle/SWIFT/Intel, would you partner with them?
Open questions for the Chainlink community and investors:
Network activity: Are there any other currently active chainlink nodes other than those listed on market.link and reputation.link? If so, is there a list of them with usage statistics? Do they use some other token than LINK and thus making simple analytics of the LINK ERC20 token not an accurate representation of Chainlink’s actual activity? If the nodes listed on the two sites above ARE currently the main nodes, then
PR, partnership announcements: Why is the google tweet still pinned to the top of Chainlink’s twitter? Due to the frequently circulated Chainlink promotion material (https://chainlinkecosystem.com/) that lists Google as one of the key partners, this tweet being pinned is potentially misleading as there isn't anything in there to merit calling Google a "collaborator" or "partner" - just that blockchains/oracles *can* use Google's APIs (but so can most software in the world). Is there something else going on with the SmartContract-Google relationship that warrants calling Google a partner that we're simply not aware of yet?
By buying LINK, what backs YOUR money: If you have bought and currently hold LINK tokens, how comfortable are you that the future promise of your investment growing is supported on verifiable business and technological grounds versus pure, parabolic hype? If after reading this post you still are, I kindly ask you to reply and show how even one of the points I provided is either incorrect or not applicable, and I will edit my post and include your feedback in the relevant section as I have already done from other users.
What have I missed? Of course not 100% of what I've said is infallible truth. I am a real human, and I have plenty of biases and blind spots. Even if what I've provided is technically correct, there may be other much more important info that I've missed that eclipses what I've provided here. Ask yourself: if the current hype around LINK is indeed valid and points to a $100/$1000 future LINK price, then Where’s Chainlink’s missing financial/performance/usage evidence to justify LINK’s current valuation of $10+?
For your consideration, I have provided evidence with links that you can follow and verify, and draw your own conclusions. I have made my case as to why I believe the LINK token is currently priced much higher than evidence supports, and I ask you to peer-review my analysis and share your thoughts with me and with the wider LINK/crypto community. Thank you for your time, I realize this is a long post. All questions and feedback welcome, feel free to comment or PM. I won't delete/censoblock (except for personal threats, safety considerations etc). I am a real human but I am not revealing my true identity for obvious privacy/harassment reasons. (If anyone is wondering about my credentials ability to add 2+2 and work with basic spreadsheets: I have previously won a math competition in a USA state, I won an English-speaking country's physics olympiad, my university education is in mathematical physics/optimization engineering, and I worked for a few years in a global manufacturing company doing data analytics, obviously I'm not posting my CV here to verify that but I promise you it's the truth) I’m not looking to spread neither FUD, nor blind faith, nor pure hype, and I want an honest transparent objective discussion. I personally believe more that LINK is overvalued, but my beliefs have evolved and may continue to do so as I research more and understand more about Chainlink, LINK, Ethereum, DeFi, and other related topics, and as I incorporate YOUR feedback. If you think I haven't disclosed something, ask. As always, this is not financial advice and I am not liable for anything that may happen as a result of you reading this!
Decentr ($DEC) - foundational cross-chain and cross-platform DeFi protocol
Decentr is a protocol designed to make blockchain/DLT mainstream by allowing DeFi applications built on various blockchains to “talk to each other”. Decentr is a 100% secure and decentralised Web 3.0 protocol where users can apply PDV (personal data value) to increase APR on $DEC that users loan out as part of of our DeFi dLoan features, as well as it being applied at PoS when paying for stuff online. Decentr is also building a BAT competitor browser and Chrome/Firefox extension that acts as a gateway to 100% decentralised Web 3.0
Allows DeFi Dapps to access all Decentr’s dFintech features, including dLoan, dPay. Key innovation is that the protocols is based on a user’s ability to leverage the value of their data as exchangeable “currency”.
Decentr is building foundational chain-agnostic protocols that will support “true” 100% DeFi Dapps, a 100% secure and decentralised, user-centric alt economy. DeFi dApps inter-connected by Decentr can talk to each other and share PDV (personal data value) of their users. PDV is best described as a personalized “exchange rate” (in a sense social reputation where more effort leads to more rewards and NOT more capital to more rewards. ) between currencies that users apply at point-of-sale to make the cost of goods and services cheaper online. PDV is applied to the APR users earn on $DEC (native token) that they hold that they loan out as part of the investing pool. PDV will also allow uncollateralized loans on their dLoan platform, and also on platforms like Aave and Compound.
Decentr will implement ZKsync to get super cheap and super fast transactions across the ETH network. It is also working with HoloChain and Tomochain to allow connect their DeFi ecosystem to the Ethereum DeFi ecosystem. Decentr has DEEP TIES and a PARTNERSHIP with Holochain: https://medium.com/@DecentrNet/decentr-holochain-ama-29d662caed03
Decentr is also building a browser and Chrome/Firefox extension - a gateway that “transitions” Web 2.0 into a 100% decentralised Web 3.0 via their suite of decentralised dFintech and dCommunications features. The browser adds a 100% decentralised “user layer” to current blockchain protocols so that applications built on blockchain can actually “talk to each other”. The browser uses encryption all the time and the power of blockchain to keep private keys safe. Browser will offer a more robust and innovative type of blockchain storage and caching that is much faster than VPN or TOR. It will allow surfing .onion addresses as well as the regular ones. >>BAT browser 400m marketcap, DEC marketcap 4m<<
Decentr is researching a hardware application, powered by Decentr software, that would greatly enhance current IoT networks. It’s called a “Smart Chip Node” (SCN) and will adhere to 4G LTE standards (with in-built 5G capability), which means connectivity between devices will match or exceed current speed and connectivity, dramatically improving stability and coverage of standalone devices, such as a laptop or tablet, as well as IoT devices, such as home routers and modems.
Decentr uses Coinbase API to optimise integrated implementation of the user layer and Blockchain as a Service (BaaS) to allow users to leverage cloud-based solutions to build, host and use their own blockchain apps. Tierion’s technological infrastructure, the Chainpoint Proof protocol, will come into play whenever a user adds something in Tierion’s data store. Hyperledger Fabric and R3 Corda private blockchains are used as an immutable transaction database for data transfers, including the following tech: R3 Corda, Hyperledger Fabric, Ansible, Bitbucket Pipelines, AWS, Node.JS, GoLang, Kotlin and CouchDB.
Implements a system of layered security protocols based on a radically-new software architecture that combines Elliptic Curve Cryptography (ECC)4 and Sobol sequencing with a n-dimensional chain as part of AI-enhanced, platform-wide community consensus mechanism — a mechanism that assigns mutually agreed value to data and user security protocol upgrades (further encouraging enhanced data integrity) by deploying a Delegated Proof of Stake (DPoS) protocol.
Bank of England has reached out to Decenr to discuss the potential of a UK CBDC upon hearing about the potential of their tech. Decentr is consistent with their own R&D into a "dGBP" and they requested a top-level document for review >> Decentr created this proposal: https://decentr.net/files/Decentr_Consultancy_Doc_UK_CBDC.pdf
A fee is charged for every transaction using dPay whereby an exchange takes place between money (fiat and digital) and data, and vice versa, either as part of DeFi features or via a dApp built on Decentr. They are launching pilot programmes in the following industries:
Banking/PSP Industry: On Product launch, due to Decentr’s powerful PSP connections (including the worlds #2 PSP by volume), a medium-scale pilot program will be launched, which will seed the network with 150,000 PSP customers in primarily the Spanish/LAC markets, generating revenue from day one.
“Bricks and Mortar” Supermarket/Grocery Industry: Decentr aims to ensure the long-term competitiveness of “bricks and mortar” supermarkets against online-only grocery retailers, such as Amazon, by a) building secure tech that allows supermarkets to digitise every aspect of their supply chains and operational functions, while b) allowing supermarkets to leverage this incredibly valuable data as a liquid asset class. Expected revenue by Year 5: $114Mn per year.
Online Advertising Industry: Decentr’s 100% decentralised platform credits users secure data with payable value, in the form of PDV, for engaging with ads. The Brave browser was launched in 2012 and in 8 years has reached over 12 million monthly active users, accented by as many as 4.3 million daily active users.
TOKEN $DEC AND SALE
Decentr recently complete their token sale on a purchase portal powered by Dolomite where they raised $974,000 in 10 minutes for a total sale hardcap of 1.25M. The $DEC token is actively trading on multiple exchanges including Uniswap and IDEX. Listed for free on IDEX, Hotbit, Hoo, Coinw, Tidex, BKex. Listed on CoinGecko and Coinmarketcap. Listed on Delta and Blockfolio apps. ➡️ Circulating supply: 61m $DEC. ➡️ Release schedule and token distribution LINK -> NO RELEASE UNTIL 2021.
A tradeable unit of value that is both internal and external to the Decentr platform.A unit of conversion between fiat entering and exiting the Decentr ecosystem.A way to capture the value of user data and combines the activity of every participant of the platform performing payment (dPay), or lending and borrowing (dLend), i.e a way to peg PDV to tangible/actionable value.Method of payment in the Decentr ecosystem.A method to internally underwrite the “Deconomy.
Hey Everyone, I wanted to create a post simply because I learned about these on here and they all have so much potential. Low market cap, very minimal marketing and great product. These will catch on and from my research they all have a great team and weekly updates which I find important when investing in these projects. They are in no particular order but here it goes..
Freight Trust EDI- I chose freight trust because they have an actual working product with paying customers. They have flown under the radar and are tackling a huge problem within freight. They are on 3 exchanges so far and have some huge partnership announcements coming soon. Just signed one with Drewry, who is a big player in the freight world and there are rumors that they are working with baseline protocol. I have done weeks of research on the team and all the fud that was posted here and I can confidently say this is a fucking moonshot to be had. Price is unbelievably low for where they are at with the product. You can find more info on their website here. I bought on Probit but you can also buy on IDEX and soon on Bilaxy.
Meridan Network- MRDN was a total bet when I first saw it on Uniswap but one of the best bets I have made. The launch has been executed perfectly and they release updates every week. Meridian Network is intended as a platform to be used for Dapps and as a community DAO, making use of the LOCK token which will be swapped 1 v1 in the next few days. In the latest update which you can find here they mentioned that this is going to be a big week. Audit by Haken will be finished today, marketing phase one with top crypto influencers, LOCK token launch, Lock token swap portal launch, locking liquidity and they will be releasing teams wallet ID's. The meridian vault is the first dapp and 2nd dapp is a DAO balancer pool that will be released in August as well as a new exchange!
Moon- Moon is a deflationary token with a staking reward system along with referrals. 10% burn every transfer or sell and it goes into the staking pool which incentivizes holders. The team has already locked liquidity and already released their 2nd audit. I have already staked 40k moon just in the last week alone and there are talks of them using some of the funds to either reach out to some crypto influencers which none have covered this coin yet or get on an exchange. I think the influencer covering this will shoot this coin up especially since staking has started over 4 million coins have already been burned to extinction. Keep that up for a few months and the price will rise naturally by lowering the supply. Excited for what is to come with MOON. You can buy this on Uniswap. Here is the website + a link that a crypto influencer just posted about. You're welcome :) Use my staking referral link if you do decide to stake : ) https://stake.moon.dev/#/0x459B3EDb577cB0b25C6c9ae94510900b4a008931
The fee schedule below provides the applicable rate based on the account's 30-Day Volume and if the order is a maker or taker. Bittrex Global Fee30 Day Volume (USD)MakerTaker$0k - $50k0.2%0.2%$50k - $1M0.12%0.18%$1M - $10M0.05%0.15%$10M - $60M0.02%0.1%$60M+0%0.08%>$100MContact TAM representative Trading expenses are incurred when an order is prepared by means of the Bittrex worldwide matching engine. While an order is being executed, the purchaser and the vendor are charged a rate primarily based on the order’s amount. The fee charged by Bittrex exchange is calculated by the formula amount * buy rate * fee. There aren't any charges for placing an order which is not being executed so far. Any portion of an unfinished order will be refunded completely upon order cancelation. Prices vary depending on the currency pair, monthly trade volume, and whether the order is a maker or taker. Bittrex reserves the right to alternate fee quotes at any time, including offering various discounts and incentive packages.
Your buying and selling volume affects the fee you pay for every order. Our expenses are built to encourage customers who ensure liquidity in the Bittrex crypto exchange markets. Your buying and selling charges are reduced according to your trade volume for the last 30 years in dollars. Bittrex calculates the 30-day value every day, updating every account's volume calculation and buying and selling charge between of 12:30 AM UTC and 01:30 AM UTC every day. You can check your monthly trade volume by logging in and opening Account > My Activity. https://preview.redd.it/n1djh2ob4zh51.jpg?width=974&format=pjpg&auto=webp&s=2eebb9c9ac63de207c4dd2e49bc45aeb53a8dec8
6. Withdrawing Funds
Withdrawing any type of funds is likewise simple. You can profit by buying and selling Bitcoin, Ether, or any other cryptocurrency. You determine the crypto address—to which the amount will be credited—and the transaction amount. The withdrawal fee will be automatically calculated and shown right away. After confirming the transaction, the finances will be sent to the specified addresses and all that you need to do is to wait for the community to confirm the transaction. If the 2FA is enabled, then the user receives a special code (via SMS or application) to confirm the withdrawal.
7. How to Trade on Bittrex Global
Currency selling and buying transactions are performed using the Sell and Buy buttons, accordingly. To begin with, the dealer selects a currency pair and sees a graph of the rate dynamics and different values for the pair. Below the chart, there is a section with orders where the user can buy or sell a virtual asset. To create an order, you just need to specify the order type, price, and quantity. And do not forget about the 0.25% trade fee whatever the quantity. For optimum profit, stay with liquid assets as they can be quickly sold at a near-market rate effective at the time of the transaction. Bittrex offers no referral program; so buying and selling crypto is the easiest way to earn. https://preview.redd.it/hopm6fih4zh51.jpg?width=1302&format=pjpg&auto=webp&s=68c0aaae86f64c3e6b9d351c3df2a9c331f94038
Bittrex helps you alternate Limit and Stop-Limit orders. A limit order or a simple limit order is performed when the asset fee reaches—or even exceeds—the price the trader seeks. To execute such an order, it is required that there's a counter market order on the platform that has the identical fee as the limit order.
Differences between Limit Order and Stop Limit Order
A stop limit order is a mixture of a stop limit order and a limit order. In such an application, charges are indicated—a stop charge and the limit.
Let’s discuss how you could trade conveniently with our service. The key features include a user-friendly interface and precise currency pair statistics (timeframe graphs, network data, trade volumes, and so forth). The platform’s top-notch advantage is handy, easy-to-analyze, customizable charts. There is also a column for quick switching between currency pairs and an order panel beneath the fee chart. Such an all-encompassing visual solution helps compare orders efficiently and in one place. You can use the terminal in a day or night mode; when in the night mode, the icon in the upper-right corner changes and notice the Bittrex trading terminal in night mode is displayed. The main menu consists of 4 sections: Markets, Orders, Wallets, Settings. Markets are the trade section. Bittrex allows handling over 270 currency pairs. Orders. To see all open orders, go to Orders → Open. To see completed orders, go to Orders → Completed. Wallets. The Wallets tab displays many wallets for all cryptocurrencies supported by the exchange and the current balance of each of them. After refilling the balance or creating a buy or sale order, you will see all actions in the section. Bittrex allows creating a separate wallet for every coin. Additionally, you can see how the coin price has changed, in terms of percentage, throughout the day. Here’s what you can also do with your wallets:
Hide zero balances: hide currencies with zero balance
Green and red arrows: replenish balance/withdraw funds
Find: search for a cryptocurrency
The Settings section helps manage your account, verification, 2FA, password modification, API connection, and many more.
How to Sell
The process of selling crypto assets follows the same algorithm. The only difference is that after choosing the exchange direction, you need to initiate a Sell order. All the rest is similar: you select the order type, specify the quantity and price, and click Sell *Currency Name* (Sell Bitcoin in our case). If you scroll the screen, the entire history of trades and orders will be displayed below.
LONG and SHORT
You can make a long deal or a short deal. Your choice depends on whether you expect an asset to fall or rise in price. Long positions are a classic trading method. It concerns purchasing an asset to profit when its value increases. Long positions are carried out through any brokers and do not require a margin account. In this case, the trader’s account must have enough funds to cover the transaction. Losses in a long position are considered to be limited; no matter when the trade starts, the price will not fall below zero with all possible errors. Short positions, in contrast, are used to profit from a falling market. A trader buys a financial instrument from a broker and sells it. After the price reaches the target level, the trader buys back the assets or buys them to pay off the initial debt to the broker. A short position yields profit if the price falls, and it is considered unprofitable the price matches the asset value. Performing a short order requires a margin account as a trader borrows valuable assets from a broker to complete a transaction. Long transactions help gain from market growth; short from a market decline.
Trade via API
Bittrex also supports algorithmic trading through extensive APIs (application programming interface), which allows you to automate the trading process using third-party services. To create an API key, the user must enable the two-factor authentication 2FA, verify their account, and log in to the site within 3 minutes. If all the requirements of the system are fulfilled, you can proceed to generate the API key. Log in to your Bittrex account, click Settings. Find API Keys. Click Add new key (Create a new key). Toggle on / off settings for READ INFO, TRADE, or WITHDRAW, depending on what functionality you want to use for our API key. Click Save and enter the 2FA code from the authenticator → Confirm. The secret key will be displayed only once and will disappear after the page is refreshed. Make sure you saved it! To delete an API key, click X in the right corner for the key that you want to delete, then click Save, enter the 2FA code from the authenticator and click Confirm.
Bittrex Bot, a Trader’s Assistant
Robotized programs that appeared sometimes after the appearance of cryptocurrency exchanges save users from monotonous work and allow automating the trading process. Bots for trading digital money work like all the other bots: they perform mechanical trading according to the preset parameters. Currently, one of Bittrex’s most popular trading bots is Bittrex Flash Crash Buyer Bot that helps traders profit from altcoin volatility without missing the right moment. The program monitors all the market changes in the market every second; also, it even can place an order in advance. The Bittrex bot can handle a stop loss—to sell a certain amount of currency when the rate changes in a favorable direction and reaches a certain level.
8. Secure Platform
Bittrex Global employs the most reliable and effective security technologies available. There are many cases of theft, fraud. It is no coincidence that the currency is compared to the Wild West, especially if we compare the 1800s when cowboys rushed to the West Coast of America to earn and start something new in a place that had no rules. Cryptocurrency is still wild. One can earn and lose money fast. But Bittrex has a substantial security policy thanks to the team’s huge experience in security and development for companies such as Microsoft, Amazon, Qualys, and Blackberry. The system employs an elastic, multi-stage holding strategy to ensure that the majority of funds are kept in cold storage for extra safety. Bittrex Global also enables the two-factor authentication for all users and provides a host of additional security features to provide multiple layers of protection. Bittrex cold wallet: https://bitinfocharts.com/en/bitcoin/address/385cR5DM96n1HvBDMzLHPYcw89fZAXULJP
Bittrex Global is a reliable and advanced platform for trading digital assets with a respected reputation, long history, and active market presence and development nowadays. The exchange is eligible to be used globally, including the US and its territories. The legal component of Bittrex Global is one of the most legitimate among numerous crypto-asset exchanges. The Bittrex team has had great ambitions and managed to deliver promises and more. The exchange staff comprises forward-thinking and exceptional individuals whose success is recognized in the traditional business and blockchain sector. Bittrex's purpose is to be the driving force in the blockchain revolution, expanding the application, importance, and accessibility of this game-changing technology worldwide. The exchange fosters new and innovative blockchain and related projects that could potentially change the way money and assets are managed globally. Alongside innovation, safety will always be the main priority of the company. The platform utilizes the most reliable and effective practices and available technologies to protect user accounts. Bittrex customers have always primarily been those who appreciate the highest degree of security. Because of the way the Bittrex trading platform is designed, it can easily scale to always provide instant order execution for any number of new customers. Bittrex supports algorithmic trading and empowers its customers with extensive APIs for more automated and profitable trading. One of the common features which is not available on the exchange is margin trading. No leverage used however adds up to the exchange's stability and prevents fast money seekers and risky traders from entering the exchange. Bittrex is a force of the blockchain revolution and an important entity of the emerging sector. The full version First part Second part
Hey Moonshotters! I wanted to give a review of a project that I 100% think can moon more over the next few months. I think it is an extremely fair project which you don't seem to come across these days in crypto. What makes this project fair? The team had to buy at the same price as listing price and they were limited to 2 eth max in the presale. $TACOS started a trend and will continue doing so. If you look at all the other meme coins launching they all have 25% team allocation. I have read that a ton of high up people from that KARMA DAO group joined forces and forked TENDIES with a twist and created $TACOS. The website speaks for itself and if you join the Telgram they already have about 1500 supporters which I am not surprised because who the fuck doesn't love $TACOS? I won't mention any other names but it looks like another tasty token just copied and pasted the code from $TACO. Where is the originality like KFC had? MR. Sanders would be disappointed! I read in the telegram that they are looking into listing $TACO on a few exchanges + some other shit that is pretty exciting. If you want to learn more just join the telegram. Oh and you know it is legit when it is on BITTBOYS radar ;) ..... I wont say any more. Fast forward to the 15 minute mark. https://www.youtube.com/watch?v=x4rxaCrujDc&feature=youtu.be&t=614 Anyways don't say I didn't warn you. Message me when you make a ton of profit. We will enjoy some TACOS on you of course :) Website: https://www.taconomics.io/ TACOgram: https://t.me/TacoGram So what is $TACO? $TACO is a deflationary currency where liquidity providers wrap the token in a hard shell and are rewarded with sweet, sweet guac. This is the evolution of money. $TACOnomics Delicious deflationary tokens with a hard shell Stack $TACO is the token for true taco lovers. Stack as many as you can in your wallet and become a taquero legend. Crunch 4% of the $TACOs in the liquidity pool can be crunched daily. Any time a taquero hits ‘Crunch’ they receive 1% of the pulled $TACOs and the other 99% is burned. Fiesta On Taco Tuesdays the reward is doubled to 2% and the week’s top cruncher is crowned Taco King. Can you crunch your way onto the leaderboard and dethrone the king? $TACOtasty What makes the $TACO so deliciously tasty? 🐋 Fair No pre-sale discount, no whales. 🤚 Fixed No new $TACO can be minted. 🔥 Deflationary 4% of all $TACOs in the pool are burned daily. 🔍 Transparent Burned tokens are sent to a proven burn address. ⚙️ Verifiable Smart contracts can be audited. 🔑 Locked Liquidity is locked in the $TACO Uniswap pool.
🚀Launching Hummingbot connector governance: the candidates and how to vote
As described in our post last week on connector governance, we are allowing the community to vote for the next exchange connector that we merge into the Hummingbot codebase. This is the first step in our path to turn Hummingbot into a community-owned and operated open source project.
The voting process
The first votes will take place on the Hummingbot Discord server, under the read-only #governance channel. You can discuss and debate the candidates on the #governance-chat channel. In the #governance channel, you will see a poll called Hummingbot governance proposal #1. You can participate by selecting the emoji that corresponds to each candidate connector. You can vote for as many candidates as you like. The voting period lasts from today (August 24) until Sept 8 12am UTC time, when we plan to release the next version of Hummingbot. For the exchange connector with the most votes, we will work with the developer to review and support it in the subsequent Hummingbot release.
Below are the three exchange connectors that you can vote for:
About According to Beaxy, they are a leading cryptocurrency exchange that emphasizes compliance (FDIC insured USD accounts up to $250,000, FinCEN registered Money Services business), security, and support for advanced traders (API that supports FIX, websocket and REST, along with prebuilt TA). In particular, Beaxy is one of three cryptocurrency exchanges that offers 6 major global fiat currencies as a crypto-fiat trade pair, offering support for AUD, CAD, GBP, EUR, JPY, and USD fiat currencies. This allows traders to arbitrage between the various BTC-fiat currency pairs on the same exchange. Current Status https://github.com/Beaxy/hummingbot/releases/tag/v0.29.0 The Beaxy connector is being used in production right now, and behaves as expected in live trading. Users have reported success with pure market making strategies, while others test cross-exchange arbitrage. Ongoing Support Beaxy’s engineering team plans to keep the connector up to date. Their engineering and customer support teams can support users with any technical enquiries. They also provide a dedicated channel in their Discord channel specifically for bot support, and they also offer 1-to-1 video support sessions for users as well.
About Loopring is a Ethereum-based decentralized exchange protocol that differentiates from other DEXs. In February, they launched Loopring.io, the first DEX to use zkRollups Layer 2 tech to improve transaction throughout. In order to bootstrap liquidity for their new DEX, Loopring launched their own version of liquidity mining, which provides token rewards to users for running market making bots on the exchange. Current Status https://github.com/Loopring/hummingbot The Loopring connector, built by one of Loopring’s partners, is currently being used in production. Ongoing Support Loopring and their partners are already supporting users of this connector and plan to continue doing so.
About OKEx is one of the largest cryptocurrency exchanges in the world, and often ranks in the top 3 by daily volume (source: FTX volume monitor). OKEx provides both spot and futures markets and serves millions of users in over 100 countries. Current Status https://github.com/celo-org/hummingbot/pull/1 The OKEx connector, which should also be compatible with OKCoin, is being built by a developer at our partners at Celo. This allows Hummingbot users to make more effective use out of the `celo-arb’ strategy, as OKEx lists CELO and OKCoin was the first exchange to list cUSD stablecoin. The primary bulk of the work is completed, but the connector has not yet been extensively tested nor used in production. Ongoing Support Since this connector is not built by the exchange, the Hummingbot plan to provide ongoing support for this connector, regardless of the vote outcome. If OKEx wins the vote, we will fast-track the process of supporting this connector and expect it to be merged into the v0.32.0 release. Otherwise, it will be in a future release.
UNIFICATION | $FUND | The Game Changer | The next big ONE.
https://unification.com/ Header: You can visit and check my profile how much those early birds that read my post gained in my previous calls. There are others who called it first but I re-posted it for project awareness because they are still in low mcap before. $xgm x5 $kai x4 $ring x2 $2key x3 Marketcap: 4.3 million NO ICO NO PRIVATE SALES IEO price: $0.06 https://support.probit.com/hc/en-us/articles/360031772931-Unification-UND-will-launch-IEO-with-ProBit-Exchange Current price: $0.045 A little bit history; Unification or $FUND started as $UND wherein they burned the 88% of their total supply (1billion) and undergo mainnet this past May 14th, swapped $UND to $FUND at 1:1 ratio and considered $UND as a testnet after swapping and, $FUND as their mainnet. https://medium.com/unificationfoundation/the-unification-new-genesis-event-88-of-und-supply-destroyed-37fa56484396?source=collection_home---4------7----------------------- Introduction: Unification is a hybrid public/private blockchain that connects interoperating private WRKchains to a public Mainchain. Any independent entity can deploy useful scaled solution, via WRKchains and exchange data in closed environments. WRKchains can support any DApp/smart contract and may have their own native coin (or not), all while maintaining speed and scalability. Technology: Beacon - Beacons are the best choice for singularly maintained centralized databases that require an element of trust added WrkChains - WRKChains are a Distributed Ledger Technology designed specifically for real-world enterprise and consumer adoption TokenForge - TokenForge is Unification’s WRKChain infrastructure that allows for a consortium marketplace based on tokenization My opinion: For me, this token is such a vast industry. Unification created a solution for enterprises wherein if blockchain will be used in enterprise data operations, it will clogged the network because of heavy loads. And here they are, crafted the WkrChains, it is the fucking perfect solution that world needs. If I compare Neyma to Sergey, they are almost the same, who built the perfect blockchain/token to maximize the usability and scalability of blockchain. Also, Neyma the CEO of $FUND has connections to GOOGLE and RIPPLE. Imagine, private companies, enterprises and Governments will start using WrkChains. As time passess by, $FUND will eventually grow higher and higher and higher. They already have a working WrkChain named as "FinChains", it is a decentralized price oracle developed by Yellow, it is estimated to consume more than 500k to 1million $FUND a year. Imagine, when the adoption phase begin, there are a lot of $FUNDS will be used in utility. I don't care what you say, but for me this project is belong to top 50cmc, for short 100m mc, x37 from here. Worst case is top 100cmc at 50m mc, x18 from here. Don't missed out on this one. I highly suggest it to add it on your portfolio. If you missed out on LINK, NEO, UBT ico days. Here's your chance. Tokenomics; Explorer: https://explorer.unification.io/ Circulating supply : 93,851,203 Total supply : 120,000,000 Staking: YES There are 49 million tokens currently at perma stake by the company to secure the network at 51% attack. This will be locked forever for the security of the network. This is equivalent to 1/3 of total supply. Also, 10m $FUND will be minted each year that will bring the total supply at maximum of 210 million by the year 2029. But it will be locked and will only be used to sell for enterprises for utility usage and to pay for network tax (block rewards) it means, the more WrkChains will be deployed, there will be "DEFLATION" because it will be used by enterprises etc. If those 10million minted $FUND each year is not sufficient for enterprises, they have to MARKET BUY the $FUND tokens. Good tokenomics tho. Main Goal: To deploy 100 Wrkchains this 2020 Partners: Travala.com INLAGS (Latin American Institute of Health) https://www.inlags.com/ BidiPass (https://bidipass.org/) Alpha Chain (https://alphachain.com/) Yellow (https://www.yellow.com/) Beach Head (https://www.beachhead.com/) Binance Info (https://info.binance.com/) Deployment Partners: Amazon Web Services Google Cloud Platform Microsoft Azure Exchanges: Probit (suggested exchange, NO KYC) BitForex (suggested exchange, but low liquidity) Binance Dex (Not a mainnet, needed to swap) Digifinex Bidesk (Not a mainnet, needed to swap) Useful links: 1st enterprise to adopt WrkChains https://explorer.unification.io/transactions/8F0B166542C8E95ABCFFE35D8587E665149F65457AF5A41742010CE18143DCA4 An enterprise purchase of $FUND yesterday worth $21,000 for utility usage. https://explorer.unification.io/transactions/F7A79321387AF875570E6F97BC7E909D092C9870B19E94AFCBD84ED5D7EDC268 Big Boss Capital as a Unification Validator https://endofthechain.com/big-boss-capital-is-live/amp/?__twitter_impression=true Generation Crypto AMA Recap http://gcrypto.media/unification-ama-recap/ WrkChains detailed explanation https://www.youtube.com/watch?v=4hJmV5vdG2o&feature=emb_title The Gem Hunters rated $FUND as Emerald Grade 3 https://www.thegemhunters.net/reviews A superb review of $FUND by Blockfyre, Rated $FUND a score of B7. https://blockfyre.com/unification-fund/ tehMoonwalkeR added $FUND to his list. https://twitter.com/tehMoonwalkestatus/1265281813603250179?s=19 An interesting thread by other user https://www.reddit.com/CryptoMoonShots/comments/gn0j9v/the_birth_of_fund_moonshots_part_2/?utm_medium=android_app&utm_source=share Telegram https://t.me/unificationfoundation Telegram Ann: https://t.me/UnificationOfficial Medium: https://medium.com/unificationfoundation Twitter https://twitter.com/UnificationUND?s=09 Coingecko https://www.coingecko.com/en/coins/unification Conclusion: You can apply the law of supply and demand in this token. Wherein scarcity will happen and will boost the token's price a lot and also consider the 49m permanent stake which is 1/3 of the total supply. Which means only 71 million are in the circulation. If this will be listed to another 5 more exchanges, the demand will increase which will give a massive boost to the price. Plus, add those incoming WrkChains deployment which will use about an estimation of 500k to 1million $FUND per year for utility usage. Their main goal this 2020 is to deploy 100 WrkChains. Imagine the scarcity. It will be above the rest. They worked hard 2 years for this perfect solution. Silently working and here they are, going to make a name in the industry. Try looking out for the flaws of this project. If you have any, kindly comment it here. Post Scriptum: Enjoy bagging this GEM as early as you can before it explode in corporations, enterprises and Governments and exchanges. This is my Ace card in whole crypto. FUD and bash is accepted. If you're saying 4m mcap is too high. No it's not. It's still in it's infancy phase. Also screencap this, next year it will be a happy memory that you read this post and you will thank me in the future.
Part 1/4 - NSA Connection: First off, the SHA-256 algorithm, which stands for Secure Hash Algorithm 256, is a member of the SHA-2 cryptographic hash functions designed by the NSA and first published in 2001. SHA-256, like other hash functions, takes any input and produces an output (often called a hash) of fixed length. The output of a hashing algorithm such as SHA-256 will always be the same length - regardless of the input size. Specifically, the output is, as the name suggests, 256 bits. Moreover, all outputs appear completely random and offer no information about the input that created it. The Bitcoin Network utilises the SHA-256 algorithm for mining and the creation of new addresses. Who is Satoshi Nakamoto? What does Satoshi Nakamoto mean? Out of respect for their anonymity, it would be rude to speculate in a video about who Satoshi Nakamoto is likely to be. The reality is, it's not important. Let me explain: Any human being can be attacked. Jesus could come back from the dead, and there would be haters. Therefore, the Satoshi Nakamoto approach neutralises the natural human herd behaviour, exacerbated by the media, to attack and discredit. This is a very important part of Bitcoin's success thus far. Also, from a security perspective, those who wish to dox Satoshi Nakamoto in a video are essentially putting his, or her, or their, life at risk...for the sake of views. As a genius who has produced an innovation not just from a technical perspective but also a monetary perspective, they should be treated with more respect than that. As for the name Satoshi Nakamoto, I would speculate that it is a homage to Tatsuaki Okamoto and Satoshi Obana - two cryptographers from Japan. There is another reason for the name, but that...is confidential. In 1996, the NSA's Cryptology Division of their Office of Information Security Research and Technology published a paper titled: "How to make a mint: The cryptography of anonymous electronic cash", first publishing it in an MIT mailing list and later, in 1997, in the American University Law Review. One of the researchers they referenced was Tatsuaki Okamoto. Part 2/4 - 'Crypto Market': Most of the crypto market is a scam. By the way, this was predicted very early on in the Bitcoin Talk forums - check out this interaction from November 8th, 2010: "if bitcoin really takes off I can see lots of get-rich-quick imitators coming on the scene: gitcoin, nitcoin, witcoin, titcoin, shitcoin... Of course the cheap imitators will disappear as quickly as those 1990s "internet currencies", but lots of people will get burned along the way." To which Bitcoin OG Gavin Andresen replies: "I agree - we're in the Wild West days of open-source currency. I expect people will get burned by scams, imitators, ponzi schemes and price bubbles." "I don't think there's a whole lot that can be done about scammers, imitators and ponzi schemes besides warning people to be careful with their money (whether dollars, euros or bitcoins)." Now, on the one hand, lack of regulation is more meritocratic (as you don't have to be an accredited investor just to get access). On the other hand, it means that crypto is, as Gavin said, a Wild West environment, with many cowboys in the Desert. Be careful. This is the same with most online courses - particularly 'How to get rich quick' courses - however with crypto you have an exponential increase in the supply of victims during the bull cycles so it is particularly prevalent during those times. In addition to this, leverage trading exchanges, which are no different to casinos, prey on naive retail traders who: A) Think they can outsmart professional traders with actual risk management skills; and B) Think they can outsmart the exchanges themselves who have an informational advantage as well as an incentive to chase stop losses and liquidate positions. Part 3/4 - CBDCs: The Fed and Central Banks around the world have printed themselves into a corner. Quantitative easing was the band-aid for the Great Financial Crisis in 2008, and more recent events have propelled the rate of money printing to absurd levels. This means that all currencies are in a race to zero - and it becomes a game of who can print more fiat faster. The powers that be know that this fiat frenzy is unsustainable, and that more and more people are becoming aware that it is a debt based system, based on nothing. The monetary system devised by bankers, for bankers, in 1913 on Jekyll Island and supercharged in 1971 is fairly archaic and also does not allow for meritocratic value transfer - fiat printing itself increases inequality. They, obviously, know this (as it is by design). The issue (for them) is that more and more people are starting to become aware of this. Moving to a modernised monetary system will allow those who have rigged the rules of the game for the last Century to get away scot-free. It will also pave the way for a new wealthy, and more tech literate, elite to emerge - again predicted in the Bitcoin Talk forums. Now...back to the powers that be. Bitcoin provides a natural transition to Central Bank Digital Currencies (CBDCs) and what I would describe as Finance 2.0, but what are the benefits of CBDCs for the state? More control, easier tax collection, more flexibility in monetary policy (i.e. negative interest rates) and generally a more efficient monetary system. This leads us to the kicker: which is the war on cash. The cashless society was a fantasy just a few years ago, however now it doesn't seem so far fetched. No comment. Part 4/4 - Bitcoin: What about Bitcoin? Well, Bitcoin has incredibly strong network effects; it is the most powerful computer network in the World. But what about Bitcoin's reputation? Bankers hate it. Warren Buffett hates it. Precisely, and the public hates bankers. Sure, the investing public respects Buffett, but the general public perception of anyone worth $73 billion is not exactly at all time highs right now amid record wealth inequality. In the grand scheme of things, the market cap of Bitcoin is currently around $179 billion. For example, the market cap of Gold is around $9 trillion, which is 50x the Market Cap of Bitcoin. Money has certain characteristics. In my opinion, what makes Bitcoin unique is the fact that it has a finite total supply (21 million) and a predictable supply schedule via the halving events every 4 years, which cut in half the rate at which new Bitcoin is released into circulation. Clearly, with these properties, it seems likely that Bitcoin could act as a meaningful hedge against inflation. One of the key strengths of Bitcoin is the fact that the Network is decentralised... Many people don't know that PayPal originally wanted to create a global currency similar to crypto. Overall, a speculative thesis would be the following: Satoshi Nakamoto is one of the most important entities of the 21st Century, and will accelerate the next transition of the human race. Trusted third parties are security holes. Bitcoin is the catalyst for Finance 2.0, whereby value transfer is conducted in a more meritocratic and decentralised fashion. In 1964, Russian astrophysicist Nikolai Kardashev designed the Kardashev Scale. At the time, he was looking for signs of extraterrestrial life within cosmic signals. The Scale has three categories, which are based on the amount of usable energy a civilisation has at its disposal, and the degree of space colonisation. Generally, a Type 1 Civilisation has achieved mastery of its home planet (10^16W); A Type 2 Civilisation has mastery over its solar system (10^26W); and a Type 3 Civilisation has mastery over its Galaxy (10^36W). We humans are a Type 0 Civilisation on this Scale. Nonetheless, our exponential technological growth in the few decades indicates that we are somewhere between Type 0 and Type 1. In fact, according to Carl Sagan's interpolated Kardashev Scale and recent global energy consumption, we are about 0.73. Physicist Freeman Dyson estimated that within 200 years or so, we should attain Type 1 status. As a technology that, through its decentralisation, links entities globally and makes value transfer between humans more efficient, Bitcoin could prove a key piece of our progression as a civilisation. What are your thoughts? Is it true...or false? https://www.youtube.com/watch?v=1oQLOqpP1ZM
https://preview.redd.it/9pbe7nibp2j51.jpg?width=640&format=pjpg&auto=webp&s=a4b65b7fd9703e53b680a2a1515dae26415c310d Tozex is a new generation of crypto asset financing platform bringing concrete solutions for SMEs to tokenize their existing business. The Role of TOZ Tokens on the Tozex Platform Tokenization is one of the biggest promises of blockchain technology. providing more efficiency, liquidity, integrity, and transparency of exchanged assets. lokenization has a big role to play in the future economy , We believe that the token is a tool to represent and transfer value. At Tozex, tokens will become the economic center of the future as an efficient funding tool, providing liquidity to traditional assets and leading to the emergence of distribu ted business models. The platform concept Tozex corresponds to the technical document and the road map and credible. Awesome this Project will got a very high rating in all reviews, Tozex really is the best project to put your money in. More info: https://tozex.io/ Bitcointalk username : Gugakid
Weekly Update: The Parachute culture, $COTI on Gate.io, Pynk crowdfunding campaign live, Voyager + Sterling Trading Tech…– 22 May - 28 May'20
Heyo! Continuing with our six-part catch up series to get up to date on the May and June news from Parachute and partners, here’s Part II of VI (22 May - 28 May'20): If you're in crypto, there's often the random pump/moon/wenBinance talk that props up from time to time in groups. Especially, when someone new joins a project and is unfamiliar with the community culture. At Parachute, we have always made it a point to have more meaningful discussions than price. Cap shared some of his thoughts on this as well. For the #culturalweekend prompt this week, Jason got Parachuters to share about “something weird your family does that is a tradition for them but not a traditional tradition”. Peace Love’s Big Trivia in TTR was quite fun as always. The beta testing group for ParJar swaps was set up this week. Also, Chris organised something amazing this week which will possibly remain a secret amongst Parachute admins (and Doc Vic 😊 ). But if word of it ever goes out, you’ll realise why Parachute is the most wholesome project in all of crypto. Chris also gave out some cool $PAR to folks in the Parachute channel to talk about "something that you didn't spend much money on that had a big impact on your quality of life". This week's Two-for-Tuesday featured music from "female artists, including bands with at least one female member". Click here for the playlist. Thanks Sebastian! Some good cheer from Alexis all the way from Germany aXpire’s May recap video covers product updates from Bilr, PayBX etc. To track this week’s 20k $AXPR burn, click here. The team also shared success strategies for law firms. 2gether co-founder Salvador Casquero wrote about best security practices in finance. A new update was pushed to Wednesday Coin’s dApp, WednesdayClub. In this week’s XIO discussions, Citizens talked about ideal time allocation strategies for research and execution. Top Citizens on the Leaderboard stand a chance to win some cool merch. Also, watch out for pesky scams. Voyager announced a partnership with Sterling Trading Tech to launch a crypto trading widget. Proactive Investors covered Voyager in its latest piece chronicling their growing user base. As mentioned in a previous update, CEO Stephen Ehrlich’s crypto investment webinar happened this week. Switch crew did a community AMA just before the $GHOST airdrop snapshot. The team expanded with new dev hires. In preparation for the $GHOST airdrop, ProBit completed its $VSF:$ESH swap and Stex announced support for $ESH/$GHOST airdrop. $ESH was listed on HitBTC and Changelly. Folks who guessed these exchanges correctly won some tokens as well. Founder Josh Case sat down with Mr. Backwards for an interview. Among several updates to the Ghost website, a staking calculator was added. Click here to read the latest technical update from Fantom. $FTM was in the running to be added as a collateral for DAI. Congratulations to Uptrennd for becoming the highest ranked blockchain-based social media platform as per Alexa. They started a SmartLink campaign with 2key Network. The first Uptrennd halvening went live this week. The team is reachable on Discord from now as well. District0x’s latest District Weekly and Dev Updates can be read here and here respectively. Hydro team shared their thoughts on how virtual cards for independent contractors (otherwise referred to as 1099 employees) could improve reimbursement practices. Entries for their Decentralization Ambassador program were opened this week. These look great, XIO team This is what is planned for the GHOST ecosystem currently SelfKey compiled a master list of crypto lending platforms. The Loans Marketplace will feature many of these. Full transcript of the May 12th AMA was released. SelfKey advisor Edmund Lowell spoke at the BlockConf DIGITAL conference this week. Mongolian exchange AIS-X joined the Exchange Marketplace. Pynk’s crowdfunding campaign on Seedrs went live this week. Check out their campaign video here. Amazing production! Plus, this cool feature in City A.M. was the perfect way to close off the week. Wibson hosted a meetup (online of course!) for its Spanish speaking community this week. The crew also introduced the app at an Ethereum event in Buenos Aires. Harmony burned all mainnet tokens mined before Open Staking going public. The latest staking stats and validator data can be seen here and here respectively. That’s right, 3B+ $ONE is already staked. Woohoo! With its latest CoinDCX listing, $ONE got its first INR trading pair. Saweet! The major improvement proposals that were discussed with the community this week were making Open Staking more decentralized and creating a more liquid staking market. This led to the first release after Open Staking. The winners of the effective-median-stake contest were announced. Hope you got a chance to take part in the Flash Quiz. Do you know about all the projects that have been built in the Harmony ecosystem? Here’s a rundown. The team hosted an AMA as well. BitMax changed some of its rules for $ONE staking. Check out COTI’s latest network growth stats here. And super congratulations on winning the Gate.io listing vote! $COTI was also added to Binance’s Locked Savings staking program. Broking platform Troy Trade partnered with COTI to improve its scalability. DoYourTip’s $DYT now has 2500+ HODLers. Neat! Mycro was invited to join BitForex’s app platform CAPP Town. GET Protocol’s GUTS Tickets was covered in Cryptogeeks’ latest blogpost on blockchain-based ticketing. And with that, it’s a wrap for this week in Parachute and partners! See you again with another update. Cheerio!
Aave - an open source and non-custodial protocol to earn interest on deposits & borrow assets
Akropolis - an undercollateralised lending protocol aiming at DeFi yield optimisation and interest-rate sharing
Atomic Loans - a lending platform that accepts trustless BTC collateral via custom Bitcoin scripts
bZx - a decentralized protocol that enables lending and borrowing for margin trading
Compound - an open-source money market protocol on Ethereum that lets users lend or borrow assets against collateral
DeFiner - a globally available, decentralized lending marketplace to securely borrow and lend digital assets through smart-contracts
Force Protocol - an open financial platform providing a wide range of financial services including lending, banking and stablecoins
Maker - a decentralized credit platform on Ethereum that supports Dai, a stablecoin whose value is pegged to USD and backed in ETH or BAT
Nitrogen Network - a decentralized P2P network for secured loans
Swap Rate - a DeFi interest rate swap tool built on the Opium protocol
Augur - a decentralized oracle and peer-to-peer protocol for prediction markets on Ethereum that lets anyone create a market around the outcome of any real-world event
ACO - a decentralized and non-custodial options trading protocol
Balancer - a non-custodial portfolio manager, liquidity provider, and price sensor
Bancor - a protocol on Ethereum for non-custodial token exchange using pooled liquidity
DeversiFi - a high-speed, non-custodial Layer 2 exchange built with STARKs technology, allowing for 9,000+ tps with deep liquidity, low fees, privacy and speed.
DEX AG - a trading interface that finds you the best price from 11 different DEXes
dYdX - a non-custodial trading platform on Ethereum geared toward experienced traders
Gnosis Protocol - a fully decentralized trading protocol that allows anyone to add any trading token pair
Hegic - an on-chain peer-to-pool options trading protocol built on Ethereum
Helena - a smart contract platform with gamified prediction markets
Jelly Swap - a peer to peer trading tool across different blockchains using atomic swaps
KyberSwap - a permissionless cross-chain atomic swap protocol, enabling trading of tokens across different chains
Leverj - a secure and decentralized high performance plasma based exchange
Local Ethereum - a non - custodial peer-to-peer ETH marketplace featuring end to end encryption and on -chain escrow.
Loopring DEX - a non-custodial Layer 2 DEX built on top of the Looping protocol
Market Protocol - a protocol on Ethereum which offers tokenized leverage trading of any asset through synthetic pricing
MCDEX - a decentralized derivatives trading platform for perpetuals & futures
MerkleX - a decentralized exchange that uses a decentralized clearing network. Merklex allows traders to set limits on what can happen to their funds.
Nuo Network - a non-custodial platform on Ethereum that provides a decentralized debt marketplace. Users can lend, borrow, or margin trade any supported cryptoasset
Ren - a provider of inter-blockchain liquidity for all decentralized applications
Set Protocol - a protocol designed to create, manage, and obtain baskets of tokenized assets
Synthetix - a decentralized platform on Ethereum for the creation of Synths: on-chain synthetic assets that track the value of real-world assets
Tokenlon - a DEX with off-chain matching, and on-chain settlment via 0x
UMA - a decentralized protocol to enable the creation, maintenance, and settlement of financial contracts for any underlying asset
Uniswap - a fully decentralized on-chain protocol for token exchanges on Ethereum that uses liquidity pools instead of order books
Veridex - a Mesh connected 0x relayer with trading, swap and market making tools
Flexa - a payment network that enables merchants to accept digital currencies without the risk of fraud or volatility through off-chain collateralization.
Fuse - a blockchain payment integration for businesses
Request Network - an open network for transaction requests. It allows anyone to create, store and access invoices and receipts in a universal, decentralized network.
Alpha Wallet - a mobile-based wallet built for Dapps. Do everything with only a few taps.
Argent - a secure smart contract wallet built for simplicity, security and usability.
Ash - a wallet interface focused on DeFi asset management powered by Melon Protocol
Atomex - a multicurrency HD wallet with built-in hybrid atomic swap exchange
Coinbase Wallet - a non-custodial, DeFi enabled mobile wallet that lets you securely store your tokens and collectibles
DEXWallet - a mobile wallet for decentralized finance
Eidoo - a non-custodial wallet that allows users to store, exchange and transact cryptoassets with a wide range of DeFi services and tools
Math Wallet - a multi-chain non-custodial wallet with embedded browser functionality and DApp store
Meet.One - a multi-chain DeFi wallet, non-custodial and easy-to-use
Monolith - a decentralised banking alternative, powered by Ethereum
My Crypto - an easy to use app that helps you create, import, and manage all your wallets
My Ether Wallet - a free, easy-to-use and open-source client-side interface that helps you interact with the Ethereum blockchain
Gnosis Safe - a secure way to manage funds and interact with decentralized applications on Ethereum
HB Wallet - a non-custodial DeFi-enabled wallet available on multiple platforms
Poketto - a wallet that you can actually show to your parents
Bamboo Relay - a 0x relayer built to trade, lend, and borrow tokens directly from your wallet.
Dca.land - an automated & decentralized dollar cost averaging tool
DDEX - Decentralized Margin TradingTrade with leverage and earn passive income in DeFi
DeBank - an all-in-one DeFi wallet with on-chain DeFi stats
DeFi Saver - an easy to use management portal for MakerDAO CDPs and compound protfolios
DeFi Snap - a simple dashboard that helps visualize all DeFi assets and liabilities
dForce Network - a decentralized finance protocol, starting with the first synthetic indexed stablecoin - USDx
Dharma - a peer-to-peer marketplace on Ethereum for non-custodial lending and borrowing of cryptocurrencies built on an extensible open source protocol
EasyCDP - an interface for MakerDAO that vastly simplifies the process of opening and managing a CDP
FiatDex Gateway - a simple browser-based interface to interact with the FiatDex protocol which allows users to trustlessly swap fiat to crypto
Frontier - a mobile interface integrating all DeFi Protocols and Wallets, enabling users to Track, View & Manage positions in real-time without giving away their private keys
InstaDApp - an intuitive interface on top of the MakerDAO protocol that’s optimized for users lacking advanced technical or financial experience
iearn.finance - a simplified aggregator that optimizes lending into the highest yielding protocols
Melon - an open-source, community-run protocol for asset management on Ethereum. Melon lets users create, manage, and invest in decentralized funds composed of ETH and ERC20s
Totle - a decentralized liquidity provider where you can swap and transfer tokens while automatically getting the best prices from decentralized exchanges
Unspent - a dashboard for all crypto and open finance activity: investing, trading, lending & borrowing
Zerion - an easy to use trustless banking interface utilizing popular DeFi protocols
0x - a protocol for p2p exchange of tokenized assets. ZRX is the governance token that allows to vote on protocol upgrades, and earn liquidity rewards shared by liquidity providers.
Ampleforth - a digital-asset-protocol for smart commodity-money.
Augmint - a smart contract platform that issues stable tokens targeted 1:1 to the EUR backed by collateral
Betoken - An open crypto fund managed by code and meritocracy
Connext - a non-custodial layer 2 payment-channel technology that enables off-chain, instant payments with low (or zero) transaction costs, helping scale the Ethereum network and paving the way for use cases like micropayments
DAI - a decentralized stablecoin soft-pegged to the US Dollar
DFOhub - an Ethereum-based Research & Development project that provides a framework for DFO's, on-chain companies with proprietary assets and voting tokens as programmable equities
EPNS - a service that allows dApps, Smart Contracts & Services to send push notifications to their users in a decentralized way
Lightning Network - a Layer 2 protocol on top of Bitcoin that seeks to improve scalability by moving small and frequent transactions off-chain, allowing for fast peer-to-peer transactions and low fees.
Liquidity Network - a Layer 2 scalability solution that enables gas-less, near-instant trustless transactions & token swaps
Loom Network - a DPOS layer 2 scaling solution that allows developers to run large-scale applications on top of Ethereum
Loopring - an open source protocol for decentralized exchanges designed to provide matching-as-a-service, and its orders are unidirectional and do not differentiate takers and makers giving complete control to traders
mStable - a single standard unifying stablecoins swapping and lending that also reduces friction and fragmentation
Neutral - a meta-stablecoin system built using a basket of multiple stablecoins to generate a lower volatility token with a reduced risk profile
Nest - a decentralized and transparent price oracles network
Nexus Mutual - a decentralized insurance platform where people can share risk particularly against smart contract bugs, failure or other black swan events
Opyn - an insurance and risk management layer for DeFi
PhishFort Protect - a crypto open source browser plugin that protects users in the DeFi space from phising
pToken - a trustless and trasparent 2-way peg to teleport tokens across blockchains, without friction
rDAI - a DeFi primitive that splits principal and interest in DeFi investments, and streams accrued interest to chosen addresses
Reserve - a decentralized stablecoin protocol enabling global and frictionless payments
Tokentax - an easy to use cryptocurrency & DeFi taxes calculator
USDx - USDx is a decentralized and synthetic indexed stablecoin introduced by dForce. USDx's underlying stablecoins include USDC, TUSD and PAX
WBTC - an ERC20 token that is backed 1:1 by bitcoin.
xDai - an Ethereum sidechain with 5-second block times, low gas prices, and a native token that’s also called xDai.
0x Tracker - a trade explorer for 0x protocol and decentralized ERC20 token price index
Coin Interest Rate - a dashboard showcasing borrowing and lending rates for USDC and DAI
DefiScan - a read-only DeFi profile explorer for Compound, Uniswap, and SpankChain
Etherscan - a block explorer and muti-purpose analytics platform for Ethereum
Eth Gas Station - a consumer oriented metrics & analytics platform for the Ethereum gas market
Loan Scan - a dashboard showing the best rates to earn passive income or lowest rates to borrow crypto
UniswapROI - a calculator to help you analyze your investments in Uniswap and find the best liquidity pools
Whois0x - a database of wallet addresses and their linked social media accounts that also provides easy to understand DeFi stats for each address
Defi Nerd - a lending & borrowing reviews and rates comparison ressource for crypto assets
DeFi Prime - a list of the best Decentralized Finance Products
Defi Rate - a trusted resource for DeFi research, news and interviews with a strong focus on lending rates
EthHub Weekly Newsletter - a trusted resource on all things Ethereum
Chris Blec - a collection of demos for various DeFi products, targeted to beginner & intermediate users.
Into the Ether Podcast - a podcast focusing on all things related to Ethereum, the leading blockchain for decentralized applications.
Wyre Podcast - a podcast where Thomas Scaria interviews founders of top DeFi projects twice a month. Giving insight to their business as well as the technical challenges that they have overcome.
Bankless - the ultimate guide to crypto finance written by Ryan Sean Adams
DeFi Tutorial - a newsletter focused on teaching and educating readers about DeFi with hands on video tutorials
DeFi Value - a place to better understand and evaluate Decentralized Finance
DeFi Weekly - a weekly in-depth review of technical achievements within decentralized finance
Dose of DeFi - a weekly newsletter that specializes in deep dives on topics in the space
EthHub Weekly Newsletter - a collection of the week's Ethereum and cryptocurrency news curated by the founders of EthHub
The Defiant - a curated list of daily news in the DeFi space explained and conensed down to a digestable level by Camila Russo
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BitCherry overweights ‘DeFi track’, will build a new distributed financial landscape
DeFi, or Decentralized Finance (Decentralized Finance). The industry generally believes that DeFi originated in 2018, and the past 2019 was its first year of development. At present, the DeFi ecological territory continues to expand, with multiple domain use cases such as lending platforms, DEX, stablecoins, crypto derivatives, marketing forecast, and insurance. https://preview.redd.it/3ju538u3ucg51.jpg?width=700&format=pjpg&auto=webp&s=77df9326a2a00d84c83ea94f4c81a9d26ef3c6b5 In the past three months, the DeFi market has achieved impressive results. The total market value of the top 100 DeFi tokens has risen to 2.316$ billion. The number of users of the crypto asset derivative financial system project led by MakerDao has rapidly increased and started to expand the market, which makes DeFi to meet people’s expectations. As the most native landing scenario of the blockchain in the financial field, the breakthrough progress in the application of the ground is undoubtedly a long time for the entire encryption field ecology and market, which directly promotes the market warming. However, while the demand for crypto asset derivative financial products continues to increase, it also brings some new problems: DeFi is subject of performance At present, most of the DeFi activities on the market are built on the Ethereum network, and the performance bottleneck of Ethereum has always been a relatively prominent problem. Today, except for a few star projects such as MarkerDAO and Compound, most projects have very little flow and capital precipitation, and others have mortgage loan projects accounts for more than 70%, so few people currently criticize DeFi’s efficiency-related issues. However, the 3/12 Black Swan incidents is still vivid. After the price of Ethereum plunged that day, the price of collateral in many DeFi loan agreements fell rapidly, hitting the warning line, and th en faced a large-scale liquidation, resulting the surge in transaction volume. Network congestion has caused serious insolvency problems for well-known projects like MakerDAO, indicating that network throughput is critical to the impact of the DeFi project. DeFi has high hopes, but in this global financial turmoil, its performance is still unsatisfactory. In the face of the problem of liquidity depletion and network congestion, we have to think about whether DeFi’s development scale will have an upper limit. DeFi security issues With the rapid development of DeFi, there have been various types of security incidents. In the world of codes and rules, especially in the financial field involving funds, a careless or imprecise will attract a large number of hackers to patronize, the tokens which will be stolen and abused. Vulnerability has become a problem that DeFi must face. For project whose own security technology is not strong, if you want to protect user assets and enhance DeFi’s network security performance, you must first have a deep understanding of the risks that your products may have, so that you can deal with them when the crisis comes. And it is necessary to cooperate with the blockchain security company to conduct a comprehensive external security review, use the original code, and start the testnet to ensure security. Behind the frequent occurrence of security incidents there is the typical symptom of imperfect infrastructure and DeFi at an early stage. The above two major problems are actually the reason why there is always been a ‘bottleneck’ for DeFi users, which cannot really be applied on a large scale. How to solve the above two difficult points? First, we must build a better distributed financial infrastructure. So, what kind of infrastructure do we need? What kind of distributed financial infrastructure can accelerate the adoption of mainstream people? Distributed public commercial blockchain project BitCherry has core competence in the field of finance: First of all, just BitCherry base layer satisfies the entire system’s architecture of the agreement; secondly, based on BitCherrry backbone it claims to create a specialized financial side chains; in addition, we want to mention BitCherry’s strong financial backbone. The business specifically encapsulates common modules, which are more friendly to developers. BitCherry developers use development tools, including loans, stable currency, exchange, derivatives, insurance, forecasting and many other scenes. For example, borrowing can realize P2P borrowing, and it can also realize consumption installment; stable currency can be realized by using digital asset mortgage mode. As can it can be seen, based on a distributed architecture BitCherry’s financial system is more comprehensive, including both mainstream public chain, chain of its own public, there are a variety of financial components, enabling developers to easily develop financial products based on blockchain, focusing on business logic. By reducing the threshold for developers and take an advantage of block chain technology, BitCherry is driving toward distributed financial mainstream population. For example, since the development of traditional financial markets, there have been many problems such as cumbersome adjustments, audits, pricing and issuance, and other complicated financing processes. And there is BitCherry solving the above problems which can be simplified by intelligent contract, in order to reduce the costs. It is also possible to realize the free flow of equity and assets by putting assets on the chain. BitCherry doing the underlying business logic architecture design, we conducted in-depth consideration, there will be a number of specialized financial services for the development of the side chains, such as cross-border payments, trade finance business ecosystem supply chain, STO, etc. The characteristics of parallel computing make it capable of handling global business transactions. Intra-chain communication is also very suitable for asset registration, account management, real-time transactions, etc. Open source and interoperability also make the entire interaction process more simplified and transparent. At present, we are in the early stages of decentralized finance, from stablecoins to decentralized exchanges, wallets, payment networks and insurance platforms, to critical infrastructure, markets and investment engines, the entire DeFi ecosystem is booming. A new financial structure is also coming out. The possibility of establishing a new pattern on their ‘DeFi track’, let us wait and see.
By 2020 the crypto hype was over leaving behind more than 5,000 cryptocurrencies (copies of Bitcoin and of each other) and just a few important functions that make blockchains different and have practical applications.Further, developers set up the main elements of crypto infrastructure to enable the ordinary user to get a bit closer to technologies and even use them in one way or another. Let's have a look at these services: Crypto wallets are based on convenient and familiar software that lets you store your cryptocurrency. You don’t have to install software and download all blockchain crypto currencies. Crypto exchanges are the platforms which trade a cryptocurrency of the blockchain ecosystem for a cryptocurrency of another ecosystem. For this reason, a cryptocurrency exchange account can be viewed as a multicurrency centralised wallet. The first platform where users could create their own cryptocurrencies using their specific skills was set up in 2016. The innovative technology of smart contracts was introduced in the same year. This technology is immediately applicable and has some practical value for the user. Imagine that you have a cryptocurrency wallet, a cryptocurrency exchange, tokenization, a smart contract, security, speed, and most importantly, simplicity, - everything in one blockchain, in one coin, in one personal Decimal console. Decimal is a kine of a kit for creating liquid tokens with the thought-after economic applications in traditional businesses. Keeping your cryptocurrencies in the Decimal ecosystem is a reliable, easy to use technology, clear for you and your customers. Coin transactions are completed within seconds sending money to any part of the globe transcending national borders. You can make profit with any Decimal token. To be able to do this, you have to delegate your coins to special network members who technically support the work of the Decimal blockchain. For their work they receive the reward which is shared between those who have delegated them their coins. It was a brief review of the latest trend in blockchain technology. Follow our updates and join the Decimal community! https://preview.redd.it/32jb22vlddf51.png?width=3600&format=png&auto=webp&s=d64b4738cb60d89e83461224e60665a8141d2e88
On the Global Telehealth Exchange Watch a recording of the Live Session on YouTube: https://www.youtube.com/watch?v=ro6cTmloaz4&feature=youtu.be 1. Global Matching The Global Telehealth Exchange (GTHE) is intrinsically different from other telehealth services in that it is not just an extension of existing doctor-patient relationships, which is simply a replacement of a physical visit with an online visit. The GTHE opens new relationships with effective matching of doctors and patients worldwide, based on parameters and criteria they themselves set—relationships that were previously unavailable and inaccessible prior to GTHE. What this does is unlock a global "liquidity" for the healthcare market, ensuring that both healthcare buyers and sellers can get the best value, following their own preferences. Timestamp: 3:53 2. Fundamental Capabilities The fundamental capabilities of the GTHE are: instant appointments; real-time telesessions; safe records sharing; real-time referral management; real-time payments; the ability to do care continuity through HAYFT and other Care.Cards; and a lot more. Timestamp: 9:54 3. GTHE ID Makes Doctors Hyper-Efficient The GTHE ID provides the value of an entire administrative staff, working 24/7, by: 3.1 Automating administrative functions like managing a calendar of appointments, record-keeping, billing & payments, reminders & notification, etc. 3.2 Serving as the physician's verified identity for inquiries about credentials, eligibility, availability, rates, and other criteria. 3.3 Allowing physicians to receive secure and auditable payments, without sharing banking information. With a GTHE ID, doctors can focus again on the actual practice of medicine. Timestamp: 10:53 4. Specialist and Concierge Care Services The GTHE is being developed with active participation of, testing by, and feedback from doctors. There is heavy demand for a platform that is not just for primary care through teleconsultations, but also for specialist and concierge care, with full care episode management. This allows a wider range of specialties like surgeons and doctors who are more into long term care management to offer the entire process of (for example) planning, performing the surgery, doing follow ups and care continuity, and do all of these and get paid for such full care episodes by utilizing the GTHE platform. This also further optimizes the work efficiency, time utilization, and revenue of health specialists. Developing the product together with the users helps make sure that it truly serves their needs, and the inclusion of specialist and concierge care services speaks to that and sets the Global Telehealth Exchange leagues apart from other telehealth offerings. Timestamp: 15:35 5. Why Doctors are Interested There is interest from physicians from all over the world. Why? With the GTHE ID, doctors are granted automated appointments, automated billing, automated instant payments, and can customize the revenue parameter (how much to charge, etc.) and the visibility parameter (select time availability, accept patients from all over the world or only from selected areas). On the Global Telehealth Exchange, doctors get better work-life balance, more effective use of their time, and they get to practice medicine the way they want to, with whom they want to. Timestamp: 19:08 6. Cost Based on Revenue Another big differentiator is that on the GTHE, cost is based on revenue. This means that the doctor pays the platform based on his/her GTHE revenue, and not a fixed charge like in other telehealth services. This again plays to the flexibility afforded to physicians by GTHE as they no longer need to chase work just to ensure profit or to break even from a fixed charge they are made to pay. Timestamp: 24:29 7. Benefits to Patients On the other side, patients have global access to care, wider access to quality, quick access to second opinion, immediate appointments, total cost transparency, ease-of-use, 100% control over data. Timestamp: 26:35 8. Bringing Freedom to Healthcare For both the physician and the patient, their use of the platform is determined by their choice and not by some predetermined model of care that are imposed on them like in other telehealth platforms. Freedom is what the GTHE is bringing to market. Timestamp: 27:42 9. Peer-to-Peer Healthcare Network The GTHE has a peer-to-peer structure where every participant can be seen as a node in a global healthcare network, and each node can talk to each other. This allows (as a way of example) a doctor to easily connect his node to a specialty care physician and either give or receive referrals and do care continuity with that physician; and a patient to create a Care.Circle with their family members who might help them subsidize the cost of care or keep track of prescriptions. What this structure also does is it allows for matching and for real-time transactions to happen with minimal effort from the participants, and this is the value proposition that GTHE gives to both patients and doctors. Timestamp: 28:18 10. SOLVE Token Utilization The fundamental model of simply providing for teleconsultations already gives very compelling token usage. Another model for full care episodes through specialist and concierge care services is not only highly demanded by physicians, but also brings 5x more usage to the SOLVE token. The teleconsultation model and the specialist/concierge telecare management model are by no means mutually exclusive. In fact, both will be available on GTHE and both would take place simultaneously—providing massive utility to the token. Timestamp: 28:58 11. Credentialing Model Essential to patient-provider matching is this three-tier view of the physician: 11.1 Primary source verification 11.2 GTHE peer review rating system 11.3 License verification Not all physicians need every credentialing level; only the license verification is mandatory. Even so, having the other levels allows GTHE patients worldwide to define the criteria of the match, and gives them more certainty of information about the provider with whom they would be consulting. There is no global credentialing system today. The GTHE is the first to do it, and this is a massively complex and massively valuable undertaking. It allows Solve.Care to enforce the quality, and to automate the operations of the doctors and the patients. Solve.Care is building out this global credentialing system fully knowing that its impact would go beyond GTHE, and would also change the way insurance companies, government agencies, provider networks, hospital systems, and medical universities automate and conduct their due diligence. In itself, this is going to be a valuable use case for Solve.Care and the SOLVE token because a non-patient accessing these credentials in GTHE IDs (in a B2B context, for example) can result in the SOLVE token being utilized to provide access, both in terms of control and cost. Timestamp: 34:13 12. GTHE as a Global Payment System Payments are all in SOLVE token and happen in the Care.Wallet. For physicians, this translates to no billing, no collection, and no bureaucracy. They don't need to deal with crypto price volatility as that is already taken care of on the GTHE back-end. For patients, this translates to an easy, real-time, and transparent payment experience. Neither side needs to share bank account information with the other party. Solve.Care plans to allow third-party telehealth solution providers to piggyback on GTHE as a global payment solution. Timestamp: 38:42 13.Solve.Careas an Exchange of Telehealth Providers Having other telehealth solutions leverage GTHE IDs as a payment gateway, and having them leverage GTHE IDs as an administrative interface through which physician credentials can be accessed, would effectively make Solve.Care an exchange of telehealth solutions. The idea is to move, step by step, from the notion that the SOLVE token is tied to the GTHE platform to the notion that it is tied to the GTHE ID, which GTHE uses and other telehealth providers can. So a patient may book an appointment using a different telehealth platform and still end up using the SOLVE token. The ultimate goal is to create a global healthcare payment currency in SOLVE tokens. Timestamp: 39:36 14. Focus Markets The highest healthcare provider interest for the GTHE is coming from the U.S., followed by India. Interestingly, the United States has the highest healthcare cost per patient in the world and though healthcare expenditure per patient is a lot lower in India, it tallies 4.4 billion healthcare visits per year, which is a lot higher than its equivalent U.S. number. These are the two countries where GTHE is getting the most traction with the most number of physician sign ups. The GTHE is getting interest from other parts of the world for active practice, but also as a vehicle for referrals and second opinions. There will be as many different ways physicians would want to deploy their GTHE ID as there are physicians. Doctors would configure their GTHE IDs based on where they live, where they work, what specialty they are in, and how they practice medicine, but the bottom line is that even GTHE IDs with very different sets of criteria and eligibility will all be in the same Global Telehealth Exchange, same Care.Wallet, and using the same SOLVE token. Timestamp: 41:20 15. The SOLVE Token Makes It All Happen Solve.Care has secured fiat pairs for the SOLVE token, like USD/SOLVE, EUSOLVE, AUD/SOLVE, and VND/SOLVE. This brings more transparent pricing for the patient and the doctor as it is easier for non-crypto users to find conversion rates between fiat currencies. So having more fiat pairs is good, and effort will continue to be exerted towards that. Access to the token for the crypto community is also being expanded. But the key element is very simple—people who are not familiar with crypto can easily use the Care.Wallet, make an appointment, pay for it using SOLVE token, and the process is made incredibly simple for them. Patients just need to know the price and execute the price, and they don't have to deal with hidden fees, hidden conversion costs, and all the rest that one may experience when dealing with crypto. On the Global Telehealth Exchange, crypto empowers users, not limits them. Timestamp: 43:39 16. Ambassador Program The Ambassador Program was opened with the expectation that insurance brokers, care coordinators, office administrators, etc. would apply as ambassadors. But interestingly enough, almost all of those who signed up as ambassadors are physicians themselves. The message is that not only do physicians want to use the GTHE, they also want to bring colleagues along to join the Global Telehealth Exchange. The Ambassador Program Roundtable resulted in 900+ event registrations, most of which are physicians. These physician ambassadors are also involved in the design of the platform. They are actively saying what they want on GTHE, and their feedback has been instrumental in understanding the need to expand the scope and add the specialist and concierge care services, among other features. Solve.Care is so excited with these developments that the dedicated provider relations team will be expanded. This team's sole purpose is to support the ambassadors and physicians in using, adopting, and promoting the GTHE around the world. The focus is on onboarding and supporting both individual doctors and whole physician networks. The GTHE is shaping up to be among the few physician-centric platforms, and probably the only one where doctors have a voice in how it is developed and how it will operate. Timestamp: 46:00 17. Launch Status The original launch plan for the GTHE was scheduled on August 1, 2020, which would have standard telehealth services, provider registry, appointments, telehealth sessions, and payments. The physicians are also asking for Care.Groups, total episode payments, EMR data interfaces, specialty care model, full care continuity. These physician-requested features will be implemented in the launch version, and the platform is estimated to launch in Q4 2020 with an expanded scope that covers not just primary care but also specialty care, not just care continuity but also care concierge, and not just the teleconsultation payment model but also the telecare management payment model for full care episodes. Timestamp: 49:12 Watch a recording of the Live Session on YouTube: https://www.youtube.com/watch?v=ro6cTmloaz4&feature=youtu.be https://preview.redd.it/plvvz5bd3bd51.png?width=1918&format=png&auto=webp&s=65b8d47692800f15e68685fa5993287175f60ac3
Liquid Exchange ReviewSource: Liquid. A relatively new crypto exchange in the market, Liquid aims to provide liquidity to the crypto market. If you want to buy cryptocurrencies with other digital currencies or fiat currencies, you need to take a closer look at Liquid exchange.. Liquid – Crypto Without Limits A relatively new crypto exchange in the market, Liquid aims to provide liquidity to the crypto market. If you want to buy cryptocurrencies with other digital currencies or fiat currencies, you need to take a closer look at Liquid exchange. Liquid – “Crypto Without Limits” Launched in September 2018, Quoine is the team behind this Liquid Crypto broker Review May 29, 2019. A Brief Overview Of Liquid Crypto. Liquid crypto exchange was founded in 2014 and operated under its parent company Quoine Pte. Ltd. It has its primary objective set at providing a globally unified platform that “bridges the world of Fiat and Crypto” currencies. Today the broker has its corporate Liquid is an online cryptocurrency exchange where you can trade a wide range of fiat/crypto and crypto/crypto currency pairs. Its innovative order book, called the World Book, combines a global network of liquidity sources in order to provide access to a higher level of liquidity and better price matching. Review: Crypto.com cryptocurrency app and exchange. by staking the MCO cryptocurrency. The Crypto.com exchange, on the other hand, uses CRO staking for its rewards instead. Liquid is a
Liquid Review - How to Buy and Trade Crypto for Beginners
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