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Topic: (XF₲) Fuego 🔥 Decentralized Privacy Banking Network (POW) - page 5. (Read 33307 times)

newbie
Activity: 22
Merit: 0
Still over my head. I'm up for whatever is in our best interest.
jr. member
Activity: 414
Merit: 8
🔥
Awesome. What about deposit rates?
Does 800 XFG sound like too much for a minimum deposit amount ?

Could even use multiples of 800 XFG, as a multiplier. No max..
All payment rates can be adjusted thru voting rights by holders of the off-chain token.
Only deposit term durations (min & max) and minimum amount would need to be declared on XFG.
What do y’all think a good minimum duration is.
newbie
Activity: 22
Merit: 0
That's over my head, but sounds good to me.
jr. member
Activity: 414
Merit: 8
🔥
I vote that we instead offer 100,000 XFG bounty to high-level programmer(s) who can devise a key/signature scheme for completed-term deposit payouts (an XFG coinbase txn) that enable Fango users to enter a ‘proof-of-deposit key’ / txid / 0x address to receive newly-minted erc20 tokens as an off-chain interest payment for time-locked XFG on-chain deposits.

Something similar to transaction-private key where only the receiver of deposit payout would generate a one-time key. (C++)

Then connecting deposit payout authentication to smart contract minting function (solidity)
jr. member
Activity: 414
Merit: 8
🔥
Simple game theory. If you operated an exchange and held a large quantity of a particular asset- its natural for anyone intelligent to do that which would increase the value of those holdings.
legendary
Activity: 2744
Merit: 1387
Ukrainians will resist
I had an idea once about sending a wallet containing 100,000 XFG from development reserves to 3 different CEXs and seeing which one claims ownership of the wallet first.
And what is the meaning of such an undertaking? To prove it or what to confirm? And why didn't they?
jr. member
Activity: 414
Merit: 8
🔥
I had an idea once about sending a wallet containing 100,000 XFG from development reserves to 3 different CEXs and seeing which one claims ownership of the wallet first.
jr. member
Activity: 414
Merit: 8
🔥
It takes a large amount of fees for me personally to get USD into Tether then into Finexbox.
That’s why I like the idea of subscriptions exchange because it injects money straight into crypto market with privacy.  Cool
Still, any additional CEX market pair for XFG is always nice.
jr. member
Activity: 414
Merit: 8
🔥
Same. I lost a pretty penny.

I understand too how the whole crypto media scene gets too overbearing to follow as a whole.
It’s so corporately manipulated which makes it easy to lose track of what is real.
newbie
Activity: 22
Merit: 0
I liked the ease of use and limited signup of Altilly... just not their lack of security  Angry
jr. member
Activity: 414
Merit: 8
🔥
It’s poppin  Smiley
newbie
Activity: 22
Merit: 0
Unfortunately, no. I took a pretty long hiatus on cryptos, so I'm not up to speed on anything anymore.
jr. member
Activity: 414
Merit: 8
🔥
On chain deposits would eventually allow for a defi prerequisite, if nothing else. Wink
We should also consider ways to create our own community pools of XFG swaps
such as TipBot Swaps in Discord but using web face.
Deposits will eventually require an off-chain payment token too.
Which would be ideal for its own decentralized XFG swap pool.
jr. member
Activity: 414
Merit: 8
🔥
We have some money in XFG development reserves we can use.
jr. member
Activity: 414
Merit: 8
🔥
Yea I have made a few offers and inquiries to a couple exchanges, myself.

Other than that no organized plans that I know of specifically.

We should always be looking to expand. Any ideas?
newbie
Activity: 22
Merit: 0
Is there a plan to get on a new exchange?
jr. member
Activity: 414
Merit: 8
🔥
“3 years later...”
jr. member
Activity: 414
Merit: 8
🔥
jr. member
Activity: 414
Merit: 8
🔥
Unless....

Hackers stole access to and robbed only the most valuable of coins (again)

In which case, those XFG would still be circulating.
jr. member
Activity: 414
Merit: 8
🔥
If Altilly ship did indeed go sunken, that would mean altogether around 3/4 of a million Fango are reduced from circulating supply.
So now only around 6M tradeable XFG remain.
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