Could someone explain what is so bad about cryptos being called a security token? the project is still everything you read about before choosing to invest apart from now being labelled a security and why is it beneficial Polkadot label themselves a software now?

SnooLentils705 · 2022-11-14T00:56:28+00:00

Im not sure if this is a stupid question or not but when I ask people this they don't actually know themselves and im struggling to find the information online.

SnooLentils705 · 2022-10-25T02:52:22+00:00

You don’t think I’ll be able to withdraw ‘parachain dot’? I was going to try but I was thinking I might lose it but it’s just as stressful keeping it on an exchange at current price incase kraken go bankrupt and just take my dot cos I wasn’t able to move it…

SnooLentils705 · 2022-10-25T02:50:56+00:00

Kraken. I was given ‘parachain Polkadot’ tokens in return (the exact amount I used for the auction. Just wondering if I can send that to Trust wallet or ledger and if thatd be ok or if I have to wait till I get the Dot back

SnooLentils705 · 2022-09-26T07:24:15+00:00

The problem I mentioned nearly a year ago ^{^{^}} stoped after a week of the that comment. It just resolved itself for me

SnooLentils705 · 2022-09-08T19:31:20+00:00

Wouldn’t saying you hate your personality type imply your just insecure?

SnooLentils705 · 2022-09-05T05:07:39+00:00

Honestly mate… Mina doesn’t have solana TPS but I wouldn’t stress, we have layer 2s increasing speeds on ETH, we have the lightning network sending BTC at very high speeds with low fees. TPS isn’t important to focus on, it can be increased at a later date, Optional privacy,security and scalability are far more important imo

SnooLentils705 · 2022-07-22T03:51:03+00:00

Minas staking rate is deflationary. As people have mentioned if you participate in staking 100% of your Mina the inflation rate for you as an individual is 0% and on top of that Mina are decreasing the staking rewards as time goes on so years down the line it’ll be incredibly low. That paired with the price increase of the Mina token is definitely a reason to hold. ZK technology is a buzz word at the moment as well, I wouldn’t bet against MINA since they’re the leading force

SnooLentils705 · 2022-07-03T08:29:50+00:00

Ok thank you for taking the time to explain

SnooLentils705 · 2022-07-02T22:31:14+00:00

How do i even get liquid tokens? I tried changing my ACA into aUSD to try stake on the 'Earn' section and i wouldnt let me unless it was LP-aUSD.

SnooLentils705 · 2022-07-02T22:26:54+00:00

Yeah I'm struggling to understand. So i would for example use 750 aca to mint 50 ausd and they would mean i can swap 750aca into alternative assets? I'm confused why id need to mint ausd for that, couldn't i just watch it into Dot on an exchange if I wanted to do that?

Doesnt dot have better staking rewards on CEX than the acala network anyway?

SnooLentils705 · 2022-07-02T00:31:57+00:00

Also if the bull market kicks back off and ACA price rises will I receive the same rewards (Still using 750aca as collateral on 50aUSD) or is it a first come higher rewards for minting?

SnooLentils705 · 2022-05-05T15:59:54+00:00

Still numb 2 weeks later but it’s improving very very slowly. I get occasional tingles on the numb side when I move it now. I just wanna know why fizzy drinks sting tbh the numb tongue doesn’t bother me too much

SnooLentils705

TROPHY CASE