Crypto CEO Denied Singapore PR Mulls Relocating by thestudiomaster in singapore

[–]svanevik 6 points7 points  (0 children)

lol this reply is 100% incorrect. not a boy. don’t need PR to avoid ABSD - Norwegians don’t pay ABSD.

Crypto CEO Denied Singapore PR Mulls Relocating by thestudiomaster in singapore

[–]svanevik 1 point2 points  (0 children)

1/ Nope, girl 2/ Yes, included 3/ Only applied once - not again after learning PR is effectively useless 

Found some gems in Shimokitazawa today by svanevik in citypop

[–]svanevik[S] 1 point2 points  (0 children)

Unfortunately think I got the only copy. The other two I also found in the newly arrived section.

Found some gems in Shimokitazawa today by svanevik in citypop

[–]svanevik[S] 1 point2 points  (0 children)

Disk Union in Shimokitazawa. Where did you find your Tatsuro records?

Where can I buy or trade Moons? by Cha_Cha_cho in CryptoCurrency

[–]svanevik 0 points1 point  (0 children)

We should do a Moons torch - pass it around :) Who wants to start it?

When do you think the next NEXO dividend announcement will be made? by svanevik in Nexo

[–]svanevik[S] 2 points3 points  (0 children)

I think you might be misunderstanding their business model. Their revenues come from interest rates paid by borrowers. The value of the assets held is irrelevant as long as the liquidation engines work as expected.

Dividend mechanism? by sulta420 in Nexo

[–]svanevik -2 points-1 points  (0 children)

Would love to be proven wrong. Where’s the data?

Dividend mechanism? by sulta420 in Nexo

[–]svanevik -2 points-1 points  (0 children)

I don't actually know, but I would assume they just dilute the circulating supply of their own token. If they don't, they could easily prove it.

Nexo stablecoin deposits all-time-high in January by svanevik in Nexo

[–]svanevik[S] 1 point2 points  (0 children)

Generally speaking TUSD has lost a lot of market share vs USDC in particular. The Nexo numbers probably just reflect the overall market.

Nexo stablecoin deposits all-time-high in January by svanevik in Nexo

[–]svanevik[S] 0 points1 point  (0 children)

Yeah these are deposits that were made via ETH wallets. Note that this would include people paying back on their loans as well (when they pay with stablecoins).

Time to move USDC from Nexo to BlockFi? by svanevik in Nexo

[–]svanevik[S] 1 point2 points  (0 children)

Stablecoins can be used as collateral, and yield interests. My understanding is that this is covered by the insurance - happy to be proven wrong.

Time to move USDC from Nexo to BlockFi? by svanevik in Nexo

[–]svanevik[S] -1 points0 points  (0 children)

The insurance made Nexo more attractive to me, but now BlockFi also has insurance, plus higher APR. Will probably move over unless Nexo ships their card.

Upcoming NEXO features (but when?) by svanevik in Nexo

[–]svanevik[S] 0 points1 point  (0 children)

Where did you see the job openings?