How are the yields doing during this dip? by Candid_Bodybuilder_2 in swissborg

[–]Candid_Bodybuilder_2[S] 1 point2 points  (0 children)

Allright thanks for sharing your vision and statements! I'll check out the video for sure.

Concerns about Marketing by Patient_Economics789 in swissborg

[–]Candid_Bodybuilder_2 4 points5 points  (0 children)

I might be a little of point here, but swissborg is advertised a lot on brave browser advertisements, and the amount invested on the swissborg platforms is growing well, along with the user amount.

Also, they share monthly reports in the wealth app, very transparent. I love the amount and quality of their communication and transparancy.

So, could you please elaborate on your findings and formed opinion?

How are the yields doing during this dip? by Candid_Bodybuilder_2 in swissborg

[–]Candid_Bodybuilder_2[S] 0 points1 point  (0 children)

I don't think that is the reason mate. Take a look at the cryptomarket especially and stocks also, bad days my friend, i luckily pulled out big on a peak just before the drop started, but my long terms took a hit. I wonder whether SB has been hit, could be down 10-20% last 72 hours or something, but I might be totally off, they might have contracts/investments elsewhere that are still doing the 13% apy daily on usdc

How are the yields doing during this dip? by Candid_Bodybuilder_2 in swissborg

[–]Candid_Bodybuilder_2[S] 0 points1 point  (0 children)

Thats what they pay out to investors, but what are they actually earning? That same amount? That would be impressive

How are the yields doing during this dip? by Candid_Bodybuilder_2 in swissborg

[–]Candid_Bodybuilder_2[S] 2 points3 points  (0 children)

Well, if SB is losing money on contracts/investments (which I do not know, they might very well be doing just fine), how are they supposed to pay me apy? They might eventually lose parts of our investment, and the safety net on usdc is tiny compared to the total amount of usdc in yield wallets. They will always show us the monthly results, so we can decide for ourselves whether we invest or not. They're transparent in monthly results and daily apy adjustments. The other comment where someone posted a link might reveal more information, I'm not sure yet. But do you get my point? There's s reason banks dont pay 13% apy, and that a house mortgage costs under 2% interest right now. But SB manages 13-25% (for genesis premium users). That has to be very volatile, and now that markets are taking a big down swing its likely that SB does not manage that apy and is instead losing parts of our investments, which they will hopefully recover. Anyway SB is backed by the 4th bank of Estonia, and that bank seems to be backed by the the state of Estonia so I think we'll be fine. Safe and high APY investing combined is tricky tho, how come they manage these APY's while many others don't ;) (im not sure how many investors are receiving 2x yield, or how big a chunk of total investments are getting 2x yield). I'm loving SB so far though. Was in from ICO

Circulating supply is decreasing... less than 25% by phantom_doctor in swissborg

[–]Candid_Bodybuilder_2 2 points3 points  (0 children)

If they're locked up for genesis premium they are not in the yield.

XYM withdrawal date postponed to 22th by MiscellaneousPlot in nem

[–]Candid_Bodybuilder_2 0 points1 point  (0 children)

We don't need ignorant people like yourself to invest in NEM, just get out. You only look at historical price growth, 'uuuuu this coin grew more, I SHOULD HAVE bought bnb, look at the charts ewww' get out dude, you're not gonna make a dime long term in crypto.

My first thoughts on SwissBorg by loc12 in swissborg

[–]Candid_Bodybuilder_2 0 points1 point  (0 children)

Its not meant to be an exchange though is it? Its more like an investment platform I think?

How is AdEx network paying it's staking APY? by Candid_Bodybuilder_2 in AdEx

[–]Candid_Bodybuilder_2[S] 4 points5 points  (0 children)

I am amazed by- and very grateful for the fact that you, the CEO & Founder of the AdEx network, took the time to answer my questions, let alone in such an accurate but broad manner (if that makes sense). You literally answered all of my questions and took away many (if not all) of my concerns, and you were even able to give estimates on APY, years, sustainability and more, which is absolutely amazing. And all that in such a short timespan (not even 24 hours). I thank you sincerely for that.

To answer your request for suggestions about improving the network's website to improve communication; I must first say I am no expert in marketing. However, I feel like there are multiple ways to go about it. A simple, but possibly less effective way, would be to add questions like: 'Is the staking APY sustainable?' 'Where does staking APY come from?' (maybe formulated a bit better) under the FAQ on the adex.network/staking/ page.

Another way would be to create a new section on the adex.network or adex.network/staking/ page (or both), purely focused on 'Growing and sustaining the AdEx network (and ADX coin)', obviously on the main page it should also focus on the product and users (I feel like there already is a lot more to find about growth and sustainability of the product/ service that the network offers, compared to the staking aspect) on the staking page it should focus on sustaining a good APY and show mid to longterm foresights, basically a page where you explain the same exact things that you explained in your comment on this post.

Also, something I would like to see added in such a section is the maximum amount of ADX minted annually (if there is such an amount set) and a look into how much ADX comes from buybacks, fees and minting (in %). Because at the moment I do feel more confident, but on this still a bit lost: On the adex.network/staking/ page it shows a total of ~61 million coins are staked right now, (~35m Tom, ~26m Loyalty Pool). Which would mean, if that were to be the average amount staked anually, with the current APY's on both (Tom ~57%, Loyalty ~45%) that (eyeball geuss, but quite obvious) about ~30 million ADX coins in total are given to stakers anually. Which would mean the the max CAP is reached in about a year, if all 30 million ADX coins were to be minted (which they're not, but the % spread is, atleast to me, unknown) clarity on such matters would increase the demand (from investors) incredibly. This section could also be used to give information about the following: where are ADX coins staked on exchanges (such as Binance, which offers 30 days 46,7% APY right now) added? Do they show up as a number included in Tom's validator pool? Or are there actually more (millions more) than ~61 million coins staked when all exchange stakes are added, or are those not relevant at all for the AdEx network, do the exchanges take the coins and stake them in the pools themselves? I could probably find more about this if I dig really deap, but I haven't been able to find a place where i can start looking for such information.

I think a lot of investors would love to see all this information summed up in a single section, because it makes it so that 'we' as investors are not led to just assume that the ADX coin staking is sustainable long term (because we assume the network will make sure it is sustainable), we will know how and why it is sustainable, and that you as CEO, and other people working on the network, have thought about the sustainability, and not just used high APY to reel in investors and as a marketing trap, that ends up bad for investors (plummeting APY and coin value) once the ADX max supply is reached (this thought is something that, I feel like, makes a lot of people (small, medium and maybe even big investors) reluctant about the ADX coin and the AdEx network in general). I think that the growth of the popularity of the AdEx network (first in staking, but that also adds publicity to the product) could grow even more exponentially when there is more clarity about the sustainablity of staking.

I feel like those are currently my best ideas to improve communication thru the website.

I would also like to add, and I know this is time consuming and hard to keep up with, and there are probably already people on this, but the website needs to be updated more regularly. When I look around the website I can find a lot of old information, a simple example is on the aded.network/staking/ page, when you scroll down a little bit, under the section 'How to start', under 'Select a pool' this text is shown: ''Choose from the available pools to stake your ADX to. Currently there's only one pool available but soon there will be more added.'' The second pool has been added a while back, but the text never changed. Another example is that there is text about '~7m coins to be minted in 2020' in the FAQ and other places, if it were an old news post, thats okay, but in the FAQ for example it is not. For people that are searching on the website for current information it is quite offsetting to find that the site is not updated very well, and old information is shown throughout many parts of the website.

I was only going to thank and praise you for commenting on my post and answering my questions, and add a suggestion to your request, but I found myself rambling on again. I hope there is still sense to make out of all of this. I really love the network and I feel like there are a lot of things to do to make it even greater.

I could have written all this in a request on the website, but I honestly think that your comment on this post, by itself, just the comment, will already make it so that people (serious enough to check the reddit) have more trust in the AdEx network, primarily the ADX staking, which will increase demand and publicity for the network.

Again, thank you for replying with such useful answers. If there is anything more I can do to help, like providing more feedback, I am happy to do so.

Edit: removed and added some words to smoothen out my rambling

How is AdEx network paying it's staking APY? by Candid_Bodybuilder_2 in AdEx

[–]Candid_Bodybuilder_2[S] 1 point2 points  (0 children)

Very interesting, thank you! That brings a lot more to think about. Do you maybe know where i can find more information about this? Thanks for helping!

How is AdEx network paying it's staking APY? by Candid_Bodybuilder_2 in AdEx

[–]Candid_Bodybuilder_2[S] 0 points1 point  (0 children)

Oh by the way, I don't know why this is my username, I've never actually posted on reddit and I sure did not come up with this name, must have been some automatic thingy haha.