Daily Crypto Markets Live Blog: vexPOLYCUB Goes Live (07/16/22)

in LeoFinance2 years ago

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Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.

Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.

It is a great way to stimulate engagement.

We can think of this as a Reddit type engagement thread. We are not dealing with long form content so topics of discussion can start off with a top line comment. We can fill in from there.

We are open 24/7/365.

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Did anyone move their xPOLYCUB to vexPOLYCUB?

It was a big day for the Polycub platform. Leofinance is moving ahead.

We are moving towards the time when the Treasury will start buying POLYCUB on the open market.

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Yes, I did that. I'm in for the long run

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Wow, it's live already! That's amazing! I've got little xPolyCUB, I wonder if there's a minimum. Have to check it out.

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No minimum. If you have xPOLYCUB you can move it over.

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Yes, I moved them after my above comment. Thanks

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Who have moved?
Here is TOP20 xPC stakers, after 19 hours after launch:
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Any ideas who owns the wallets marked in red?
If you want to monitor progress by yourself, look here:
https://polygonscan.com/token/0x905e21f6c4cb1ad789ced61cd0734590a4542346?a=0x472a65ca0d76a938925d8a373b793c99379abd83

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Are those in xPOLY or vexPOLY?

I see my wallet on there and it is now in vex? I presume that is the difference between red and black.

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This listing shows how many vexPolycub tokens been sent to the staking adress (not how many are stored in this shown adress).
Yet 1 xPolycub = 1 vexPolycub

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Cheers Alfa.

Are the red ones yours by any chance? ;)

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Question...

I have all my POLYCUB in the pHIVE:POLYCUB LP because I'm trying to build my HIVE stack and the yields are so much better than xPOLYCUB.

But by not having any xPOLYCUB, I'm at the mercy of where others choose to allocate the high yields to.

How are you guys managing taking full advantage of the high yields, but also having a say in them?

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I am in xPOLY, now vex, to give the governance and also to build the return. For me, it is gaining the price go up with the PC/xPC ratio which keeps climbing. Couple that with the belief that I feel the USD price of POLYCUB will go up in a few months.

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Ah okay, so you're playing purely for a POLYCUB price rise?

Not worrying about high yields in the farms?

I want to be convinced about POLYCUB...

...but you know haha.

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I moved just over half into vexPolyCUB. I may end up moving the rest of it as well but I wanted to leave some for liquidity purposes if this thing does indeed start trading up.

I'm also looking to buy some more PolyCUB but I can't seem to get the LEO to pLEO bridge to work for some reason. Anyone else having issues with that? Not only is it not showing up on the Polygon chain, it's not even leaving my HIVE account even though it says the transaction is "broadcasting" and then I confirm it.

Any help/insight would be appreciated....

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I had issues with it too. Didnt seem to bridge over for some reason.

I didnt file a report I probably should have. So it isnt just you.

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Top Line Comment Banner for LeoFinance at https://leofinance.io

Although I have a post or two I'm working on which will incorporate terms from LeoGlossary, this is the first of those posts to be published:

The other posts aren't for LeoFinance, but they will link back to as many LeoGlossary entries as I can find.

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That's fantastic. Every linking we do will help in the long run.

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Leave a reply with your LPUD contributions?

LPUD.

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I was only able to add 163 Leo to my holdings but I was able to hit 1k lp this time and it's a big push for participating in the next lpud.

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Good job!

I only did the 200 because it was all I had. But I'll keep doing it month after month!

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I just did 110 today because I power up 100 every 3-4 days throughout the month. I have too much to be included in the contests so...no point in waiting to do it once a month.

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Though I do not completely understand the environmental threat of PoW, I find the car analogy interesting. Source

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Near the start of the era when Bitcoin mining needed to be done by rigs the size of data centers, the usual purveyors of FUD presente stories and news segments about how energy-intensive Bitcoin mining had become.

At the time, this was true.

Since then, they's stuck with that mantra about PoW being hostile to the environment.

While PoW is still energy-intensive and the mining rigs have become larger and even more complex, no one in FUD-Land dares to acknowledge that energy consumption by these PoW systems has either maintained that level or decreased it.

They seem to have forgotten that necessity if the mother of all inventions, and there was a need for Bitcoin and other PoW mining rigs to reduce their energy usage.

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Yeah, I forgot exactly the time I read that LeoFinance article arguing that the environmental threat caused by PoW is not as serious as the mainstream wants everyone to believe.

I see what you did there. Double the upvote on the comment for sneaking in a @leoglossary link in.

Keep it up, I want to give more increased votes on comments.

It is always good to discuss mining and Bitcoin.

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Thanks! You gave us the idea of how to do it. I see many following your example.

!CTP

REMINDER!!!

Gran hose #CANDIES.

The wallets are empty and need filling.

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As great as it is to collect 60 CANDIES, I thought the more important number is the one I circled in red:



Click to view image at full-size

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It is good to see the price of gwei going down on Ethereum.

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3-digit GWei is still common on Ethereum, but sub-20 GWei is becoming a more common sight. It's still a lottery when it comes to catching that fee for any transaction we make there.

If a transaction costs 9 GWei on Ethereum, will it also cost 9 GWei on BSC and Polygon (MATIC) as well?

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Is that due to the bear market and people souring on the industry?

Will it go up when the bull takes off and activity increases?

This is the main problem with the EVM, especially Ethereum.

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I'm not sure why the ETH gas price was that low. I think earlier in 2022 it was as low as 4 GWei, but I'm not sure.

I thought it was due partly to the Berlin Upgrade as well as the transition to PoS that's in progress. Bull market or bear market, transactions which have to be made have their cost.

On the bright side, small Gwei together with small ETH price make for small Gas Price.

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Nice one

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Once again, the reminder saved me. 100 tmrw so missing it would have been costly....

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10 Candies for me today 😁😎🤩🎉🎉🥳🥳

Have a great weekend all 👋🏻

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Almost forgot and it was a 100 day

My dentist would get pissed because he needs to pay for his new Mercedes

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All the way

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@leoglossary Main Menu is over 300 terms now.

Use those links and lets get the internals building for Leofinance.

This is how we are going to improve the positioning of it with the search engines.

A few people seem to be starting to integrate them in their posts. We are beginning to make some headway.

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You've been working overtime for this and we need to do our part and keep linking them where they can.

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Yes that is true. The community is going to have to start doing some linking. I will keep building ala investopedia but the result will accelerate the more people use the terms and link back to them.

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It's a great project what you are doing. And we shall do our part and link them in anywhere we can. Thank you

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With time I believe this will be a norm. Most people like me are still not yet accustomed to the optimization technique and usefulness but I'm getting the picture now.

This will attract loads of users if we keep inserting the links in every post on Hive.

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The goal is to keep building a lot of internal links to the specific terms. Since the names is in the url as we can see with this one having cryptocurrency in it

https://leofinance.io/@leoglossary/cryptocurrency

it is relevancy. This might not be the end all and be all but it is a step forward.

Yes it is a matter of habit but we can add a ton of links. I will keep building out the database by adding more terms. At the same time, I keep linking the new ones within @leoglossary so that it keeps growing within the project itself.

Then the community can keep adding by linking in their posts and comments.

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https://leofinance.io/@leoglossary/leoglossary-delegated-proof-of-stake-dpos

In nft card delegation, would it be appropriate to link this link to the word delegate?

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You could. It isnt an exact science.

Of course, there is a link for NFTs.

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There was a call that Dan and Matt from 3Speak put together giving an update on the SpkNetwork.

It is looking like they are building some infrastructure that is going to make Hive truly incredible. It will be better than the Lightning Network for Bitcoin transactions.

Also any Hive or Hive Engine token will be able to be wrapped to any EVM blockchain.

Anyone else give it a listen?

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I was listening to it a while back and my tab decided to shut off, lol! Blame me for not checking the battery gauge. Will be watching it again real soon. It's very interesting what they are working on.

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Now it's clear to me. Shanghai's stance on crypto is different from that of the national party. Thanks, TM for the clarification.

. . . building a $52 billion metaverse economy, while at the same time helping to establish 10 innovative companies in the area.

Source

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I'm looking into finally getting a hardware wallet. Any opinions between Ledger or Trezor? Or maybe another model?

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From these two - I prefere Ledger.
But my favorite is SAFEPAL

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Thanks! I didn't know about SAFEPAL but I will check it out.

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This is just amazing

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I have many wallets I'm waiting for an email from cex.oi.I believe I'll get right in with iy

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