Source: https://blog.wavesplatform.com/rewards-to-rise-for-mining-and-leasing-wavesRewards to rise for mining and leasing WAVES!
With Waves-NG just around the corner and rewards set to increase to around 5% per year, it’s a great time to start mining WAVES and generating an income from your holdings.
Miners rewards are about to rise substantially! The terms for miners are changing, making running a node or leasing your balance even more profitable. Projections are that miners will be able to earn up to 5% annually on their balances — not taking into account expected increases in transaction volumes, or the price of WAVES.
Not only that, but the Waves platform has just successfully tested the NG consensus protocol, which promises vastly increased speeds and throughput on the blockchain. Once NG is released on mainnet in mid-December, we expect the network to be able to process around 6,000 transactions per minute — making it the fastest production blockchain in the world, with many more transaction fees to distribute.
Mine WAVES for profit
With the number of transactions rising steadily over the past few months, and about to take another step up as NG goes live, there are new opportunities for miners to generate an income from their holdings. All you need is 10,000 WAVES and a simple hosted server to run the client — you won’t need any specialist hardware. You can find guides on how to get set up at https://www.cryptocompare.com/mining/guides/how-to-mine-waves/. You’ll receive all of the transaction fees from the blocks you process, in WAVES and other assets, as well as rewards in the form of the Miners Reward Token (MRT). The total annual rewards earned by miners will increase by up to 5% in the beginning of 2018.
Lease your WAVES
If you don’t have 10,000 WAVES or don’t want to maintain a node, you can always lease your balance to a miner or mining pool. Simply click on the Leasing tab in the lite client and assign your balance to the address of the mining pool you want to use. By doing this, you support the network and get paid rewards, but won’t have to run a node yourself. Leased balances remain in the full control of the owner — they never leave your account — and you can cancel the lease and unlock the WAVES for your own use at any time, with just two clicks.
You can find more information and a list of mining pools at http://wavescommunity.com/leasing. Different pools pay out different proportions of their revenues, in WAVES and MRT, as well as sometimes their own assets. Lease or mine WAVES, secure the network, help process transactions and get paid!Join Wavescommunity:
http://wavescommunity.com/Join Waves News channel:
https://t.me/wavesnewsJoin Waves Twitter:
http://twitter.com/wavesplatformJoin Waves Facebook:
https://www.facebook.com/wavesplatform/
Source: https://blog.wavesplatform.com/waves-are-liquidSasha Ivanov
Nov 14
Waves are liquid!
The emerging crypto-economy closely resembles the old, traditional economy — in fact, it is a continuation of it, just on a new technical and conceptual level. A major part of this crypto ecosystem is an open market price discovery mechanism, which takes place on both centralised exchanges and on the emerging decentralised crypto exchanges. What we’re potentially going to see in the future is streamlined financial markets, with low entry barriers, less regulation (at least less centralised regulation; regulation will be carried out through crowdintelligence, smart contracts and AI), low transaction fees and liquid orderbooks.
But there’s still a long way to go to get there, from the perspective of both regulation and infrastructure. We are trying to offer new regulatory solutions as well as provide some of the required infrastructure solutions for the ecosystem. Let’s discuss token liquidity here and see what we can do to create open markets where a token issuer can tap into natural liquidity, to ensure the price discovery mechanism is more stable, and token prices less volatile.
Currently, liquidity is quite a big issue for new crypto assets. You don’t have guaranteed trading volumes when your ICO token hits exchanges. Many teams who are focused on their ICO and getting their token listed on exchanges find it quite surprising that they have to do anything else after that. Because of this lack of liquidity, even good projects can have issues with their communities, since this is quite often perceived as a sign of something being wrong with the project itself.
There are different ways to tackle this problem, both traditional and with new, decentralised methods. I should mention a very interesting approach from Bancor, which promises to create a guaranteed liquidity mechanism, based on smart contracts and low-level protocols. This is a disruptive approach changing the whole centuries-old mechanism of open market trading.
Unfortunately, at this stage it’s probably too early to rely solely on a smart contract-driven approach, since there are several technical and conceptual issues to tackle first. However, we can start implementing such a smart contract approach, combining it with more traditional market making — that is, providing liquidity through algorithmic automated trading robots.
I want to announce the first market making fund aimed at providing liquidity for new tokens. The economics behind the fund is quite simple: if you want market-making for your token you need to buy some of the fund’s tokens from the open market and hold the tokens in your account for the whole period of market-making services. Through this the fund’s token acquires value and may become interesting not only as a service token, but also as an investment.
I’ve talked to several market-maker teams who wish to participate in the fund and provide their services to token holders. If you are interested in being one of the market makers please contact me. This is a booming market with potentially hundreds of teams involved.
The fund’s goal is to provide liquidity for the new, emergent market of crypto tokens. All tokens compliant with current regulation should have access to guaranteed liquidity.
The liquidity revolution has begun! Stay tuned for the official announcement.