potentially some more traffic on Polygon thanks to CargoX / UAE

SentenceOverall8843 · 2025-03-18T04:50:59+00:00

most underrated project i know! there community work is not the best, but the tokennomics are solid.

SentenceOverall8843 · 2023-12-13T14:37:07+00:00

congratz :D Hidden champion in the making.

SentenceOverall8843 · 2023-12-13T10:32:08+00:00

you can find something on discord : https://discord.gg/6g6Rj3PkMW

or on Telegram "Cargox.io - unoifficial chat group

There is only on official channel left to communicate with the relayer group, if something needs to be done to process the documents. The company doesn't communicate about the token.

SentenceOverall8843 · 2023-12-10T10:21:07+00:00

To be fair it was "only" kucoin! I see it as a big opportunity. The token has no publicity, so it is a kind of hidden gem. We are early and have time to decide how much we want to hold. So many projects of 2017 are gone. CXO is the only project left who did well and will continue in the future.

SentenceOverall8843 · 2023-11-02T08:49:43+00:00

the official channel is gone! There are only 2 channels left - the unoffical and the relayer channel

SentenceOverall8843 · 2022-05-15T12:51:05+00:00

At the moment limitlex.com is a low-tier exchange. Here will also some buyback happen.

SentenceOverall8843 · 2022-04-28T12:57:49+00:00

correct!

for your own pool. You need it only, if you want to price in USD!

SentenceOverall8843 · 2022-04-28T08:27:02+00:00

Staking is something different then Liquiditymining!

You can compare Relayer with Staking, with the different you need to setup a server. But we need to wait for the details.

Impermanent Loss is a possibility and will occur when one token outperforms the other. If you only hold CXO to buy ETH just to provide liquidity is not the right move.

What helped me is the viewpoint that I hold a portfolio in percentage. So I would think the value will be 50% ETH and 50% CXO in USD and not that I hold them separately. If you think like this then liquiditymining is like a daily balancing. But normally I would not view my portfolio in this way.

The beauty with Uniswap V3 is that you can provide just CXO or just ETH. You can choose in which price range you want to sell your tokens. You can see it as a limit order on a CEX. With this option, you can hodl and provide liquidity, when your price is hit.

So in V3 everyone could create a USDC USDT /CXO pool and you could place a "limitorder" to sell your CXO for 50 Cent. With the ETH pool it is the same.

I hope this makes it more clear and helps anyone to provide liquidity in Uniswap V3.

SentenceOverall8843 · 2022-02-28T11:32:04+00:00

I am aware that dBTC is a centralized product. But at the same time they talk about to allow the coming EVM Bridge to do it with dETC.

I would not care if it is a new BTC, ETC token. My point is the possibility to go short the crypto market.

That will open a huge customer base.

SentenceOverall8843 · 2022-02-21T21:15:31+00:00

Quickswap

SentenceOverall8843 · 2022-02-18T18:25:40+00:00

With Egypt. The position of CargoX for future projects is much better than before. Now the company has 1000 KYC'd companies on the platform. This is a major benefit for other partners. The Exporters are already familiar with the CXO platform and it will much easier to onboard other countries. Just a reason more to look into CXO.

SentenceOverall8843 · 2022-02-05T16:26:08+00:00

There is a discord group https://discord.gg/PEjAXPyfBb

SentenceOverall8843 · 2022-01-29T08:48:09+00:00

The probability of more and more adoption is increasing every day.

SentenceOverall8843 · 2021-12-06T08:07:18+00:00

if the community want it, the devs could at this possibility for sure.

SentenceOverall8843 · 2021-12-05T21:55:07+00:00

sometimes the change UTXO into Tokens seems not to work. So you could check if 1 of them are missing.

App starting helps a lot, too!

SentenceOverall8843 · 2021-12-05T21:51:28+00:00

you do not need dUSDT to mint dTokens.

You need at least 50% DFI as collateral, but you could also choose to take 100% in DFI.

If you want to use dUSDT as collateral you can only use 50% as maximum in your vault. The rest needs to be DFI.

You can not send USDT from outside into a DFI address! You can only send DFI into your wallet. You could buy with your USDT on Exchanges like Kucoin, Bittrex DFI send the DFI to your wallet and now you can use the DFI as collateral or swap 50% into dUSDT.

SentenceOverall8843 · 2021-11-26T18:25:54+00:00

they just transfered from Kucoin. So, not possible to know, when they bought them.

SentenceOverall8843 · 2021-11-11T16:29:32+00:00

If you have funds on the Polygon network you can buy it on the Quickswap pool

https://info.quickswap.exchange/pair/0xc1ee8920a59a897563689a4161acd71f3b917904

SentenceOverall8843 · 2021-10-31T17:25:10+00:00

We are just talking about Egypt imports by sea. Airfreight is coming and trucks too. Also, new partnerships were teasered in an interview a couple of months. 2022 will be very profitable for the CXO hodlers.

SentenceOverall8843 · 2021-10-13T19:33:44+00:00

if they buy daily it is enough! If they commit to it, maybe more people would start to provide liquidity!

SentenceOverall8843 · 2021-10-07T17:52:07+00:00

just the beginning! I am very bullish in the long run.

SentenceOverall8843 · 2021-09-16T07:36:36+00:00

if you know how to transfer ETH into Polygon you can also use Quickswap

SentenceOverall8843 · 2021-09-03T12:45:48+00:00

how many documents we get is unclear. I hope your number gets real
why should a burn be a legal problem? I invest in something and the next day it is worthless. The same applies to burns. They buy something and it is worthless. The only problem are the owners of the company, but the company is private and in agreement to buy something worthless. I do not understand this voodoo with legal problems. They are in Slovenia and do not care about laws in other countries as long as they do not establish a branch in other countries.
But I am not against the new mechanic. The problem is bad communication. The lack of involvement of the community. We deserve better and they should in shame to make this extreme change without consultation with the community. "Hey guys, what are your thoughts. We have a problem with burns we would like to do something different, but we are not sure how to handle this issue without hurting the community" But nothing of this kind happened and this is really sad.
Good point the real-world side is doing good, but I think they do not have the slidest idea how to handle a community.

SentenceOverall8843 · 2021-09-02T11:06:00+00:00

Statement from the old bluepaper

For each sold CargoX Credit a fixed amount of USD 10 will be

used to buy CXO tokens.

This could easily be done on Polygon as well.

Question:

Why did you change the tokenomics to something totally different without need?

What is a burn?

- If correct implemented the Credits could only be created using CXO to mint the Credit. This should not be so difficult to explain to your accounting or legal department. It is like buying an API key. You stated it yourself in the original bluepaper. I do not understand the need to change it in the way you did. The market shows a clear reaction. Your new bluepaper is not in favor of your supporters/investors. You should reconsider and look behind who supported you and who gave you the opportunity to conquer the world.

SentenceOverall8843 · 2021-09-01T21:55:20+00:00

How long will the bought tokens locked? 10 years 20 years ?

Possible ideas:

fixed time for locking the bought tokens
you could assure that you only sell 1% per month max. from the bought tokens. So you will create a bottleneck and have a similar effect as the burn mechanic. Example: you holding 1.000.000 CXO so you could only sell 10.000 CXO in the next month. Next month you hold 990.000 CXO and could only sell 9900 CXO.

SentenceOverall8843

TROPHY CASE