Bitcoin price drops as much as 15% days after record – USA Today 2:42. Bitcoin… Smart contract languagesethereum.org The two most active and maintained languages are: Solidity; Vyper. More experienced developers also might want to use Yul, an intermediate language for the Unistake news More Money With Uniswap And Unistake!
the creation of decentralized programmable money allowed for the creation of decentralized applications including decentralized exchanges that allow for these decentralized monies and these decentralized tokens from these decentralized applications and projects to be exchanged freely and easily now one of the biggest and most popular of these decentralized applications is uni swap has some of the highest volume of any decentralized application on the ethereum blockchain and what uni swap did is it made it very very easy for people to exchange buy and sell particular tokens however it does come with its problems and im going to be talking about a new project that deals with a lot of the deficiencies of uni swap and its going to allow you to earn more money hi everybody this is crypto rich working with you to get rich with crypto filling our pockets with crypto profit now before i go into detail on this please like subscribe click the notification bell up vote and comment if youre watching this on youtube come over to bitchube you can also find me on bitshoot and on library.tv and also on odyssey.com join my official telegram announcements channel and please do follow me on twitter crypto rich yt uni swap is great a whole lot easier than decentralized exchanges such as fork delta and ddex and idex very simple easy to use interface the other thing that unisoft did is it allowed for automated market makers using liquidity pools and liquidity pools are a big deal for projects the problem that liquidity pools solved is the problem of liquidity supposing you invested in a particular ico in 2017 that has very few tokens on the exchanges lets say theres only seven of these seven tokens on any exchange as represented by these seven maple leaf coins and you want to sell four tokens of your own well then now youve increased the amount of supply on the exchange by over 50 percent so this thus depressing the price or the other way is that you purchase four tokens from an exchange that only has seven and the price goes through the roof now these exaggerated changes in price happen when liquidity is low consider the buying and selling of four tokens when the pool of tokens is this large with a large well-known project that has loads and loads of investors and you have these many tokens on an exchange buying or selling four tokens isnt going to make much difference to the price so its way way more stable since unisop solved this issue by the creation of liquidity pools as represented here by this liquid pool in las vegas so what a liquidity pool does it allows tokens as here represented by bodies to be held in the liquidity pool so you get a liquidity pool which is full of tokens i.e bodies so then theres always a large number of tokens for people to trade against a bit like the pile of gold coins i showed you earlier and thus the price remains stable and consistent and theres always a buyer for every seller and theres a seller for every buyer now in order to make it attractive for people to hold their tokens in a liquidity pool what uni swap does and other similar exchanges do is they give fees share the trading fees to those token holders who lock those tokens in the smart contracts or the liquidity pools however that comes with a couple of costs one of the drawbacks is the loss of staking opportunities if i lock my tokens in a liquidity pool im not going to be able to earn any revenue from staking those tokens in my wallet the other problem with liquidity pools is the problem of impermanent loss so what is impermanent loss how does it come about so this is from an article on impermanent loss and i shall link to this article and all the other references in the description below and he says impermanent loss is a feature found in all liquidity pools of automated market makers the risk of impermanent loss is the possibility that tokens held in a pool will lose value as opposed to simply holding the tokens now this is much much greater because if i could stake those tokens elsewhere im going to lose value but it also happens as an independent feature now the loss of value is to be understood in both absolute and relative terms the value expressed in fiat currency terms may increase but to a lesser extent than in a buy and hold strategy this diagram is from an article from cinematics.medium.com and ill link to this in the description below and credit to cinematics because its such a clear explanation this song is called impermanent loss so put very simply supposing you lock ten thousand dollars worth of die tokens and ten thousand dollars worth of if into a liquidity pool and then through people buying and selling and trading against other exchanges and everything and looking to see where they can buy low and sell high it suddenly happens that you only have 950 die tokens and the value of your die holdings has gone down now if you were to withdraw those tokens the value of that of the amount that youve withdrawn would be lower than if youd held those tokens in your own wallet plus if those tokens are tokens that you can state you wouldnt have got the earnings that you would have made against staking them had you held them in your own wallet but just losing value and then taking them out thats what gives rise to impermanent loss now what if there was a way of providing liquidity and staking at the same time now this is one of the things thats really great about blockchain you have open source technology its a very very innovative field and you have hard-working and smart devs who come up with solutions to all sorts of problems that arise and there is a project that has got a solution for impermanent loss and the loss of revenue through the loss of staking and that is unisteq the uni stake is designed to work with unisop version 2 and theres been a lot of excitement and a rapidly growing community about the prospects that uni stake offers so those clever people at uni state they did a launch about four months ago where they raised 5000 eth in a matter of minutes now that to me says something about the the viability that people see in this project in the difference that is going to make as being a an improvement in evolution on what uni swap offers now this is still a relatively unknown project but its growing like crazy daily trade volume is over like 20 million dollars per hour or something its still a micro cap but theres lots more opportunity because its still early days if youre interested in getting in at the ground floor there is still plenty of opportunity with this provided you do your own due diligence and check it all out now in the week just gone coin gecko listed unisteak as the top as being in the top 30 of the top most trending coins and tokens for that week this to me is testimony of the amount of growing and increasing interest in this project because you take something as popular and as useful as uni swap which has its deficiencies and then you address those deficiencies making it even more attractive well of course people are going to be interested in this now if youre interested in a ground floor opportunity do your own due diligence check it out because it is still early days with this now with the uni state model everybody benefits for users like myself or others unisake makes providing your liquidity for unisop a whole lot easier and even more profitable than before because you dont lose out on the staking opportunity and because uni stake addresses problems of impermanence loss now uni swap benefits because uni stakes additional revenue stream provides further incentive to liquidity providers which enhances unisops usability and then the projects benefit because they can attract more liquidity by providing staking bonuses for locking up liquidity pools so this works even for tokens that dont have staking now strictly speaking because were talking about erc20 tokens here you cant really state them in the traditional sense because no transactions are being verified but in but you can get rewards for locking them in your wallet now what happens with unisake is that staking bonus returns are a fixed percentage based upon the amount of liquidity you provide and the amount of time that you provide that liquidity in the pool now one of the other problems with uni swap liquidity pools is that as the pool of liquidity gets larger and larger the revenue share thats given to those that provide liquidity diminishes supposing you and i were providing liquidity of a hundred token tokens each for a particular token in the uni swap liquidity pool you you and i are getting 50 each of the revenue from the trading fees but if somebody else comes along and adds another 200 of those tokens our 50 share is now reduced to 25 share and as the project gets larger and larger and the pool gets larger and larger again the people that contributed are getting a smaller return on the revenues unit stake compensates for that because the staking bonus isnt affected that remains unchanged regardless of the growth of the liquidity pool now any project can set up a pool by the uni state contracts on etherscan and they can also set the parameters including what the staking components will be what the lock-up periods are with more bonuses being paid out for the longer that people provide liquidity now the unisteq platform is going to be launched imminently and theyre going to have a special bonus of a million dollars worth of staking bonus to be paid out to those who are providing uni stock you need to take an eth uni swap peers you can lock up your tokens for a month three months six months 12 months the longer you stake in the pool the higher your returns will be trustwo have already announced that theyre the first official projects to create a pool with 200 000 staking bonuses which is up to 15 apy now there are going to be more pools to be announced and theyre going to be announcing something really really big imminently and thats going to happen on the launch day thats going to take the project to a whole new level now i dont know what that is right now but its going to be bigfoot d defy adoption its going to increase the use case in the utility in a big way and will support people in becoming big players you know this project is forward planning they have long-term goals and they plan to become big players in d5 which i think is entirely possible given the diligence and the care that they seem to have taken in setting up this project but also because theyre riding on the success of uniswap now if youre interested in getting involved ill have all the links in the description below if you want to purchase the uni stake token after having done your own due diligence you can see here in the price chart how well its done since it launched since it listed you can get it off uni swap the unisa token is used to pay fees on the additional profits that are made possible from the platform and also you can lock tokens into what they call a multiplier contract where liquidity providers can double their apy on pools that they join so one of the other features of the uni state platform is that projects will be able to set up their own tsos token sale offerings on so they can launch their projects on the uni state platform now i wish i got involved with uni swap right at the beginning and not some months later after they issued their tokens but you want to check this out for yourself do your own due diligence uh go join the telegram group and the discord group the community and the team im very very helpful and between now and when i see you next please keep filling your pockets with crypto profit this is crypto rich signing out all the best bye More Money With Uniswap And Unistake!Uniswap with its easy to use interface, has revolutionised decentralised exchanges. Its liquidity and automated money makers ensures that there are always buyers and sellers. Liquidity pool providers earn a share of the trading fees. However, Uniswap does come with its problems. These problems are addressed are by a new exciting project that also offers extra income to its token holders. This is UNISTAKE. It works on top of UNISWAP and in doing so, makes Uniswap more efficient and effective.FIND ALTCOIN WINNERS – BitTube: bit.ly/bittubetvcryptorich Telegram: t.me/cryptorichofficial Twitter – twitter.com/CryptoRichYT Lbry – Bitchute – bit.ly/bitchutecryptorich ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ►The information presented in this video is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. It is not intended to be, and does not, constitute legal, financial, investment, trading, or any other advice. All of the information presented is general in nature and is not specific to you or anyone else. Do not make any decision, legal, financial, investment, trading or otherwise, based on any of the information presented in this video without first consulting a licensed professional. You understand that you use or rely on any and all information provided in this video at your own risk. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● CRYPTO SERVICES I USE TRADING + INVESTING FIND ALTCOIN WINNERS – TRADING BTC EASY – 25% OFF – bit.ly/coinrulediscount TRADING BOT – BINANCE – 10% BONUS – bit.ly/binancecryptorich PASSIVE INCOME PASSIVE INCOME SAVINGS – bit.ly/axioncryptorich GET $50 FREE WITH THE CRO CARD (Register on web app to qualify for bonus) BITCOIN MINING bit.ly/Elevategroupmining PASSIVE INCOME – (Contact @Hifly13 on Telegram for more info) SECURITY NORD VPN – DISCOUNT CODE – nordvpn.com/cryptorich SECURE EMAIL DISCOUNT CODE- bit.ly/fastmailcryptorich HARDWARE WALLETS OPOLO – ELLIPAL INFO LATEST CRYPTO NEWS – thecoinrepublic.com BITCOIN + BLOCKCHAIN NEWS HERE – bloxlive.tv SUPPORT FOR YOUR YOUTUBE CHANNEL ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● CRYPTO RICH #bitcoin #ethereum #bittube #CRYPTO #cryptocurrency #btc #eth #money #uniswap #unistake #defi #trustswap #cryptocurrency,#uniswap,#eth,
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.