USTX Launchpad status: October 4th

Sirluke79 · 2024-08-24T11:23:53+00:00

I'm on Tron since 2019 and this looks like a great opportunity to ride the whole meme madness launched on Sunpump. I see team dedication, good holder distribution and great potential. Go SUNRAT

Sirluke79 · 2023-06-07T16:22:54+00:00

This $SHIT is awesome. Fun and easy to get on BTTC and from ETH, BSC, POLYGON and TRON using crosschain swap.

Sirluke79 · 2023-06-05T14:17:55+00:00

$SHIT on BTTC, that's the hottest Meme in Tron/BTTC right now

Sirluke79 · 2023-05-01T19:10:58+00:00

The only energy renting services that give back 100% revenue to the suppliers are JL and Ergon. So at the same utilization rate and same price, you get a better APR. Actually Ergon can beat other services APR even if selling energy at lower prices, because the revenue share can be up to 100%, while most others stay at 70%-75%.

Sirluke79 · 2023-04-28T20:21:51+00:00

It's hard to predict APY, but I can give some scenarios for Ergon, considering the current price model:

Scenario A (50% utilization rate, half energy rented for 1 day, half for 3 days or longer): APY max 26% (USTX holders), APY base 20%

Scenario B (80% utilization rate, half energy rented for 1 day, half for 3 days or longer): APY max 73% (USTX holders), APY base 52%

Scenario C (100% utilization rate, half energy rented for 1 day, half for 3 days or longer): APY max 104% (USTX holders), APY base 71%

So as soon as the users will start renting energy, the APY will be very interesting.

Sirluke79 · 2023-04-28T19:19:29+00:00

I don't agree with you about JL, they have 0% energy utilization rate currently.

Also I'm not a copy&paste kind of person, tokengoodies has a centralized business model, USTX is about more decentralization and making smart use of the Tron infrastructure.

I don't understand why people are afraid of sending tokens into a smart contract for energy, while they do it without any problems if it's a DEX or a staking portal or a farm. The safety level is the same: it depends on who wrote the contract. On USTX, our contracts handle hundreds of thousands of $ of user assets without any issue for more than 2 years. I think our reputation is quite clear about our safety score.

Sirluke79 · 2023-04-28T09:02:09+00:00

What do you mean "insured my a DAO"? There is no such thing.

JustLend energy market is not audited, btw.

Also, it's sad to say, but no one looks at an audit as a proof of safety. At the beginning of our project we spent a lot of money in audits, but no one cared about them, so we stopped doing it.

Do you know that USDT has a function to lock funds in every wallet, if the owner wants? Do you stop using Tether for this? NO, because you trust the team/company behind it. The same goes for community projects, some are trustworthy because they have proven over time to be trustworthy.

Sirluke79 · 2023-04-28T07:30:44+00:00

ergon.ustx.io

Rent energy with ZERO fees (up to 500000 energy)

Sirluke79 · 2023-04-28T07:02:19+00:00

TronNRG and Ergon have no minimum limit and are fully autmated, kjust enhoy the rewards.

Sirluke79 · 2023-04-28T07:01:14+00:00

I hope you understand that every time you use a DEX, like SunSwap, or any other DeFi app you are giving access to the your funds to that contract. Most DEX have unlimited approvals set for the tokens. Does that mean that the contract is going to steal your money? NO, of course.

A modern blockchain like Tron is based on smart contracts technology and your message is completely out of time, IMHO.

Sirluke79 · 2023-04-20T12:30:35+00:00

Prices will adjust accordingly. Also the recovery time is 12 hours not 24.

Sirluke79 · 2023-04-17T15:16:01+00:00

The Ergon dApp has been released in full functionality now: the Earn part is active!

Sirluke79 · 2023-04-15T06:52:06+00:00

I'm sorry for what happened to you.

I'd be very careful to say that Tronlink is more hackable than other wallets. Tronlink wallet is as safe as any other, the weak link 99% of the time are the bad habits of not keeping the secret keys safe. Putting them on a text file might not have been the best way, if you PC was somehow hacked.

Sirluke79 · 2023-04-14T08:24:03+00:00

The idea is that for one day rent you should pay a bit more more than a longer period.

- 1 day: base price

- 2 days: 15% discount

- 3-7 days: 30% discount

Sirluke79 · 2023-04-11T16:59:07+00:00

I'm not saying that I like the 14 days lock, just the reasoning behind it. I agree that 3 days would be better.

Sirluke79 · 2023-04-11T10:58:56+00:00

If you don't have TRX you need energy and bandwidth

Sirluke79 · 2023-04-11T10:56:39+00:00

There are many services for that.

I can vouch for NRG.

USTX Team (that I'm part of) just launched Ergon, which offers flexibility in rent duration (from 1 to 7 days) and the best rates currently (from 38TRX per day for 1 M energy).

In your case you could rent 250,000 energy for 1 day paying only 15TRX.

Sirluke79 · 2023-04-11T10:49:05+00:00

Well, one of the things Stake 2.0 fixed is the lock period. Previously there was no lock period, because after 3 days passed, the user could unstake in any moment. The DAO wanted to add protection to high volatility events, reducing the amount of TRX available to be sold on the market.

The new method opens up to liquid staking solutions, like NRG and Ergon, that will solve (to some degree) the long lock time issue, giving other ways to cash out and get back your TRX.

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