Topic: 🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Platform Available] - page 89. (Read 348494 times)

Congratulations! PoSToken Lending Platform is currently online and open for everyone.

$1000 FOR THE WINNER.👏👏👏  Video Review Contest For #PoSToken Lending Platform https://bitcointalksearch.org/topic/m.28380345

You are right, it is not an automatic staking process like in POS coin wallets for example. It is called minting i guess.

Just look at the current gas price and only mint when the gas price is low.

I think both lending and staking will have their pros and cons. Like someone said before, it will be a very good idea to try both features so that if both succeeds, you will benefit and earn profits from both ways. So even if lending does not work out well, you can still earn from staking

Don't call it staking, that puts you in wrong mindset expecting that you will just receive coins. PoS token works differently: "staking" is done automatically as soon as you have PoS on your wallet for more than 3 days. It is not staking as in some other coins but interest rate of 100% for first year (no difficulty, you are entitled to daily amount proportional to your holdings). You can use calculator to see the amount you are entitled to at that moment. However to receive the amount you have to mint. Which can be done by sending 0 PoS to yourself, make sure that you have put high enough GAS amount for transaction.

You have to manually stake everytime, reward will not automatically arrive on ur addy.

Send yourself (where you are holding PoS) 0 PoS with gas limit 200000(200k) and for gas price check this(https://ethgasstation.info), once transaction gets confirmed you will receive your reward.

Yup, Their calculator needs an update with some more functions. And I am waiting for native stacking apps too, like hawala.today introduced.

Still a long way to go...

Help please, it's been more than 4 days since I put the coin on the coinage, in the calculator shows EXPECTED REWARD 18.39 pos, COINAGE: 8720.012 TOKEN-DAY, but not one new token arrived to my address! I used a meta mask and staked by instructions on dev on page 67 (here) help with this problem, thanks!

Never received such an error. You should have done something wrong.

All valid points, It would be really helpful if at least ETH withdrawal is available on Lending Platform for new users. On the other hand I was expecting the Lending Platform to work only with PoS so we already got more.

Regarding Etherdelta I am using it quite a lot, and before ETH network congestion it was quite OK. At the moment there is a lot of problems with high transaction fees and some erratic behavior which is IMHO caused again because of the high traffic. If you decide to use it, best way is to create your ETH wallet with Metamask and access etherdelta trough it as an added layer of security.

To answer your question it is not possible to make a deposit directly on etherdelta account, it is working as smart contract and always connects to ETH account. You can create account trough etherdelta and export private keys but when you use that address to receive funds they will again be on that main ETH wallet and you will have to deposit it to etherdelta to start trading. Deposit on etherdelta works in a way that you just move funds from your ETH account to smart contract. And when withdrawing it will again have to be to that same ETH account. Hope I managed to clarify it a bit for you.

Hi,

Im new in the Postoken and I have some questions or concerns.   I do like what I see and read about the Pos token that is good project and everything is looking fine.

If I want to make large investment in lending platform I take a look of procedure and it is pretty easy.  I do have a issue or concerns with withdrawals from platform as only Postoken is avialable for withdraw.
Im looking the marcatox exchange and deposit of Postoken is not available so if I buy postokens in mercatox , after I decide once in a while to withdraw the interest I can not do that.
There will be any other withdrawal options like ETH or BTC?
Why the deposit on Mercatox is not available for Postokens?

This is important if the Postoken platform wants to attract some larger investors as they are always concerned about withdrawals.

I do study now etherdelta for this operations but etherdelta is confusing like hell to me ..... Im looking for two days in it and I still not knowing if I can make direct deposit to etherdelta or I have to have first myetherwallet and then transfer......   Anyway to much steps to take out the interests  and Etherdelta for  not tech persons is way to complicated and without proper guide how to ...
For me that Im not comp guru it is confusing.  

If the Postoken lending platform will soon have BTC or ETH withdrawal it will attract a lot of new clients or at least the Mercatox deposit should be fixed so that you have option of withdrawal to exchange (other then etherdelta)

This is  my point of view of how I see the lending platform.

All the best to in 2018 !

so my solution is now universal but i think dev should find a better solution for that to have them auto update
something else i have in mind since the beginning of lending platform, it surely will help market but has anyone compared that with staking ?

For ethscan: Enter your address on ethscan >> click view tokens >> click on PoSToken >> Go back and refresh page, ethscan will update your balance right away 

Now i see that those 45 POS has been added to my balance on the MEW, but on etherscan.io and ethplorer.io, it is still showing the older balance. Is it normal and should shortly reflect on other explorers?

I followed your instructions but i left gas limit as it was (20,000). But i think it didn't go through (because it shows a red exclamation mark next to the Tx). Right after i sent that transaction, i went to the coinage calculator and it showed a reward of 45 POS. But right after that, i tried to do exactly what you said to do (this time with 200'000 gas limit), and it went through. But when i go to the calculator, it now shows a reward of 0 POS. Did i lose that reward, or can i still get it? If so, then how? Thanks

Yup, it is normal, does not affect stacking.


Airdrop and bounties are over months ago.


Same thoughts. Imo first two years interest rate is 100% and 50% respectively, so I would be doing only stacking for first two years then after I feel that PoS price would be to the moon so then I will try lending.

Just my two PoS 😂

why do we need to convert our POS token to $. does it give more advantage than lending POS?

Exactly, especially when there are problems with PoSToken wallet on coinexchange. Soo, maybe cryptopia is the best option?

But Accelerator and Hawala got to $25 with only decentralized exchanges like ED and IDEX

In order for POSToken to reach 10 dollars it needs to be listed in a publicly recognized exchange for large volume transactions such as Bitrrex, Binance, etc. Without being listed in a large trading volume exchange, POSToken can not grow and remain above a certain threshold.

The dev already announce it on OP, check it on here for clear information https://bitcointalksearch.org/topic/m.28268640