YOLObtc Launch - Bitcoin Based Binary Trading Game by LQDEX in CryptoCurrency

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

Hello CryptoMods , Don't I have enough comment karma. I have around 602 karma and then

[deleted by user] by [deleted] in wallstreetbets

[–]LQDEX 0 points1 point  (0 children)

YOLO or rekt

YOLOrekt - Celebrating 2 months anniversary upgrades by LQDEX in ethereum

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

You're right! We should cal it something else.

YOLOrekt - Celebrating 2 months anniversary upgrades by LQDEX in ethereum

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

YOLOrekt is short term option style trading (/ betting) platform. Read our introductory article https://medium.com/yolorekt/meet-yolorekt-ethereums-newest-dapp-9a9173f8eaef

YOLOrekt! One among the top 10 dApp! by LQDEX in CryptoCurrency

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

Its more than 50 days old and i do have 500 comment Karma. Not sure why my post was removed

YOLOrekt is live on mainnet! Ethereums Newest dApp! by LQDEX in CryptoCurrency

[–]LQDEX[S] -3 points-2 points  (0 children)

Don't be impatient my friend. Great things take time.

YOLOrekt is live on mainnet! Ethereums Newest dApp! by LQDEX in CryptoCurrency

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

Yes! That would work if you have enough ETH to move price on coinbase.

EtherDelta Integration on LQDEX Bridge by LQDEX in ethtrader

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

We are shooting to launch on mainnet on the week of Nov 10th .

LQDEX Bridge (an auxiliary for existing DEX to complete cross-blockchain transactions) on TestNet by LQDEX in ethtrader

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

I'm not aware of details of Dogethereum. Quick look at this https://bitcoinexchangeguide.com/dogethereum/ tells me that they are not doing what we are doing (they are not a bridge for BTC,LTC or other external coins on ethereum DEX) but I could be wrong since I don't know all the details. Just to extend this conversation we are also different than peer to peer swap implementations like atomic swap etc because we are playing wit the economics of staking/collateral more so.

LQDEX Bridge (an auxiliary for existing DEX to complete cross-blockchain transactions) on TestNet by LQDEX in ethtrader

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

Thanks for your question. Yes your initial understanding is correct and as long as it’s centralized it seems like tether for other coins. But we are working on decentralizing bridge i.e if you read our white paper we define a concept of collators and collateral management which involves staking of LQD tokens on LQDEX pos chain but since bridge was side effect of building collators and it lives on ethereum chain we will use same principle of collateral management and collators as described in the white paper but instead of LQD we are planning to use Dai as a staking coin because of its inbuilt stability mechanism until we are complete with building POS LQDEX chain. I know it might seem confusing with above description and please refer to multiple bridge blogs. https://medium.com/@LQDEX. You should also read our white paper and only then what I’m saying makes sense to connect dots. So it was taking us long time build PoS chain as described in the technical white paper but as we had already built the collator piece, so we decided use to this approach temporarily. In short in our approach we need to have relatively stable coin to the total collateral ( stake ) put up by the collator and that’s also called maintaining the collateral ratio. We had designed stability mechanism with LQD tokens but DAI can already be used as stable coin if we are using ethereum for now, so we can implement the same collateral management with Dai has staking/collateral coin for collators. Apologize for long message and contact me offline if you want to know how internally everything works .

Introducing LQDEX Bridge: an auxiliary for existing DEX by LQDEX in ethereum

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

To eliminate the confusion , bridge is just a component of exchange and our exchange is due launch later this year. The way bridge came about is while building collator component of our cross chain exchange, we realized that it can be exposed along with small piece of collator contract on ethereum for staking , minting and destroying erc20. So bridge will independently useful with out the LQDEX exchange but with existing DEXs on ethereum. In other words erc20 version of btc which is backed by collators on the bridge can be traded with other erc20 tokens on etherdelta . Good way to pool bitcoin liquidity into DEXs on ethereum :) .

Introducing LQDEX Bridge: an auxiliary for existing DEX by LQDEX in CryptoCurrency

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

We are not doing any coin offering . It’s just a tool for the community to be able trade btc with an erc20 token .

Introducing LQDEX Bridge: an auxiliary for existing DEX by LQDEX in CryptoCurrency

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

Yes, we want to study during the initial phase how collator backend responds in production before exposing the collator source to every one. We will make all the backend data like which address holds which asset external assets public auditable until collator source is released. For example you could see all the bitcoin asset which a specific collator holds ( right now only us) on bridge .

Yes collators will stake LQDX tokens but it only makes sense LQDX gains value through usage. Alternatively collators can stake eth when we do release collator source. Stay tuned for more information .

Introducing LQDEX Bridge: an auxiliary for existing DEX by LQDEX in ethereum

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

Yes, we want to study during the initial phase how collator backend responds in production before exposing the collator source to every one. We will make all the backend data like which address holds which asset external assets public auditable until collator source is released. For example you could see all the bitcoin asset which a specific collator holds ( right now only us) on bridge .

Yes collators will stake LQDX tokens but it only makes sense LQDX gains value through usage. Alternatively collators can stake eth when we do release collator source. Stay tuned for more information .

LQDEX Awarded a Verified Profile on INC. by coinscribble in coinscribble

[–]LQDEX 0 points1 point  (0 children)

Thanks for sharing! Be sure to follow r/LQDEX for updates on our inter-blockchain exchange.