Topic: WAVES - Complete Blockchain ecosystem for a token economy - page 31. (Read 130997 times)

This was just a teaser ("announcement of an announcement")

Here you can read more detailed information that were published yesterday: https://wavestech.notion.site/wavestech/Waves-is-Transforming-1-2-c57b90770e314a5cb3ee6d1d1e6710af

It looks like Waves will be doing the following:

• Protocol update to practical Proof of Stake Sharding consensus and support Ethereum Virtual Machine
• Upgrade to how Waves DAO operates
• Inter-Metaverse protocol
• Gravity bridges to access assets on any EVM compatible chains
• Changes in Waves Labs

I think it will be Waves 2.0. However I would like to see Waves enter the metaverse properly and also have proper cross-chain integration. It is too difficult currently to engage with Waves in a DeFi way. Lets see though what they come up with.

weird way to tell

Maybe WAVES 2.0?

What does this mean ?

Jerry0,

A Ledger device is much safer to keep your tokens. I would recommend that you send your tokens from your old manual seed phrase account to a Ledger device. Please note that WAVES does not work within Ledger Live, meaning, that you cannot send and receive WAVES with Ledger Live itself, but have to use Waves Exchange by connecting your Ledger to Waves Exchange. In essence you need to setup your Ledger device and load the WAVES wallet via Ledger Live. This is the only time you would use Ledger Live (perhaps also later if you need to update firmware or wallet versions). Then connect your Ledger device to Waves Exchange and take note of your address. Send your WAVES and any other tokens you want to keep to your Ledger WAVES account. Ledger works in such a way that if you lose your device, you can restore your Ledger device onto a new device using your backed-up Ledger 24 words. This will restore all your wallets including WAVES even if you uninstalled your WAVES from your Ledger. As soon as you re-install the WAVES wallet your WAVES tokens will be displayed again.

Was there an airdrop recently or something?  If so, as long as you have waves in your wallet, you would get it?  Or that is something else?



Also, who here has their waves stored in a hardware wallet as in the nano ledger s... as oppose to the other two methods of either having a seed phrase and using waves exchange or using an email/password and using waves exchange? 



Years ago, you only got the waves seed phrase and you used the waves lite client... then few more clients came after that and now its the waves exchange.



I have to assume most people use the waves seed as how they store waves?  Who here does the email/password method?  I assume anyone that does that method uses two factor authenticator right?  One concern with using the email/password method is what happens if you lose access to your email?  Then you have no more access to your account?  With coinbase or gemini, well even if you lose access to your email, I'm pretty sure if you submit your documents, then you could most likely still access your account with a new email address.  But waves... there isn't?  So there is a huge risk of this using the email/password method?



But if you want to make your waves as secure as possible without concern of malware or keylogger on your windows pc which you use waves exchange, does everyone agree to use it with the nano ledger s?  So if you do that... that would mean one would need to create a new waves account so to speak?   Thus you add the waves app to nano ledger s and basically it will be a brand new waves account with no waves?  Then you log into your waves exchange client with your password, then you send the waves to the waves address in the nano ledger s?  Then once you do that... you would no longer have waves in your waves exchange account and everything would be in the nano ledger s... which mean you won't have concern of any malware on your computer?



So basically your nano ledger s seed phrase... which is your backup for the hardware wallet which would restore your coins... this would then restore your waves as well?  I store btc and bch in the nano ledger s.  The thing is I read you need to use waves exchange with the nano ledger s together... which makes it much more confusing to use.  Can anyone who has their waves used together with their nano ledger s... give more detail to this process?  I want to do this but process seem complicated because it isn't like btc or bch where you download the app and just send etc.

So you registered here to make this comment and nothing else? Maybe you could share your experience in detail? I am kind of assuming you paid $100 ETH network fees and are upset about that?

I differ from you regarding the exchange. I think they put down a good platform and exchange early on that served its purpose since they started in 2016. But they have been slow to capitalize on their head start and perhaps they missed the wave. They have been in the game for a long time and it is where I saw bridges the first time between Waves platform and Bitcoin for example. I have three gripes about the platform: The one I already mentioned but the other is that the exports from the Waves Exchange is very user unfriendly and not easily recognizable by crypto accounting software, unless you create custom import files. The third are all the junk tokens dropped into your wallet, which brings me back to gripe two which means all those junk have to be either excluded from the custom import file or you have to account for so many junk airdrops.

any news about these problems ?

Six months later, I can make a review about this exchange. These are scammers. I do not recommend using their services, especially staking and algorithmic trading. They promise good interest, but instead of 400 I withdrew only 300 dollars. Think for yourself. There are many decent exchanges and defi. They are SCAM

Any third party access points to input seed and control funds now that waves exchange is experiencing problems?

Everything except wallet and dex is working, like token issuance staking etc so it seems dex and wallets are hosted on something else.

For example Eth has alot of third party operators to accesss funds by seed phrase like MEW Metamask.

Does waves have anything else or is this dex a single access point?

It is not difficult to create exchange UI Polarity made one for TN, but I never heard of a secondary waves wallet

There is something that has been bothering me for a while. On Ledger there is a Waves wallet. So it is possible to connect to Waves Exchange using the Ledger, however why is it not possible to add Waves to accounts in Ledger live to see Waves as part of the Ledger Live portfolio? Unless I am missing something.

Bottom is in at 6-7.6. as predicted in june 2021 we had to wait for the fomo to subside for the dead cat +200% 11.5-36 it unfortunately took another 7 months and caused many retail to get rekt including myself as I was preparing for this scenario 7 months too early.

now 400.

As waves is diluting its native token with different protocols this 400 prediction will be modified to represent 40 billion for waves ecosystem as a whole not only the native token as was the case before.

For waves itself we are looking at 80 bucks for the w5 twice over w3 42 top, say 20% of ecosystem value.

if it continues down just DCA at 5% intervals. Don't really see what the shorters will accomplish at this point but maybe there are some meta news incoming for global economy, doubt it rather hyperinflation pump/blow off.

Would not advice leverage here, only DCA but target long position should be 35%-50% filled at 7.6

If you bought over 10 continue DCA. Imminent reversal to 14-16 is expected perhaps 20, there you can dump the surplus and wait for 10 retest.

Advice few thousand dollars in TurtleNetwork in case you don't already have some. Target is $2-$34, now $0.005.

https://swop.fi/info/3PCdNCULgjM9ZMLEt61M45qxV26ro6o48Jj

After W5 blow off this present day price zone for global crypto will be supercycle bear market bottom give or take 50%. Superbull 2025 x50 from this future bottom and then this should connect with some form of AGI breakthrough post scarcity UBI scenario 2029. Between 2030-2045 world GDP may increase to 1 quadrillion to put things into perspective, inflation adjusted. This is based on pre industrial parabolic growth and Kurzweil trajectories and the growth is caused by billions of Androids in all shapes and forms.

Just one thought about that: If you want to know how much money is really on the platform, just deduct all debts from the supplies. I just did a rough calculation and ended up with about $280M.
Lots of funds are just "looped" (supplied and then debted again) to arbitrage for instance

2.5m Vires will be unlocked in 6 months.

If it goes to 40 USD I am buying 20 but the APR is decaying too quickly at the moment to lock in capital for 6 months. Maybe it will be 200% APR tonight or tomorrow, should trigger retracement back to 30-40 usd a bit too many unknowns but it looks good on paper. Not surprised if x5 from 80 first although it would not be a lucrative investment at $4bn valuation $400x10m P/E 222). 40 USD is the sweet spot for bigger entry but depends on APR evolution in coming days.

Still don't know who team is and if $1bn liquidity is real.

3 000 000 Vires divided by $18m yearly revenue is $6 APY per token so 20 Vires when 3m locked yields $10 monthly. At 75 usd you need $120k worth of tokens to earn same as 20 today per month $750. It is 75% APY on that $120k/1600 Vires.

I think anything lower than $500 or more monthly income is not worth locking capital for 6 months as there are competition from swop sometimes double APY.

Combined with release of 2.5m in july and 1600 Vires/$120k requirement just to earn 75% APY/$750 monthly at 75 USD, it is probable that price goes down by -80% and more after july. If liquidity increases it is a different story and must be recalculated on the new values but there is no incentive to stake $12k for 6 months to earn $75 per month and this will be the situation if the 2.5m new tokens are also locked and even worse if they are dumped in open market although APY will then increase accordingly.

As long as there is this $1bn liquidity the P/E factor prevents any sgnificant decline below $10 per token but unless liquidity increases any sustained upside is limited over $100 considering these variables.

Of course all of this is irrelevant in the present because there are only 350k circulating so it can easily pump to $400-$1500 between now and july. But that's pump and dump not long term viable. People who buy that zone will get rekt.

Liquidity decreased by $20m since yesterday.

Buy zone remains $15-$30 but that's a good deal so of course it was already covered a few days ago by someone...

Thanks for your post. I was wondering about the same thing.

On https://medium.com/vires-finance you can find in the tokenomics article that after 1 year at least 2.6Mio Vires should exist. The vast majority of 2Mio Tokens belongs to the team. 500k are from the early birds, and 100k were distributed the last 3 months

The current number of 260k that appears on the vires.finance page (in the governance section) seems to include early bird + 100k, but not the team tokens.
There should be about 600k team tokens already. I wonder what is the plan with those? This is the great unknown currently. If the team will lock them all, the APR will go down a lot.