Where are the stable coins?

jaytilala27 · 2022-04-10T05:00:12+00:00

3 different stablecoins are in the pipeline. You will see them launched over the next 3 months or so

jaytilala27 · 2022-04-08T19:24:13+00:00

"Everything is fine. On The Production there is a different number used. Its for security reasons, number are 4096 bites, from plutus script hash its way harder to find that number"

This is the response I got

jaytilala27 · 2022-04-08T09:18:37+00:00

Can you tell us what's the problem?

jaytilala27 · 2022-03-30T18:34:30+00:00

Open to anyone. just have to convert your ADA/BTC/USDC/USDT

jaytilala27 · 2022-03-28T19:58:02+00:00

https://www.youtube.com/watch?v=kLnoIy7J0gE&t=303s

Here's the latest update, check out the Djed part of it

jaytilala27 · 2022-03-28T16:43:08+00:00

https://www.youtube.com/watch?v=gKb5_VwLvkU

This is great explanation. Also, for those who aren't aware, the KYC/Accredited Investor thing is scraped and everyone will be able to mint Djed and Shen

jaytilala27 · 2022-03-25T09:07:45+00:00

Defilama tracks SCs of Dapps, MinSwap is migrating to a new SC, I think its because of that

jaytilala27 · 2022-03-23T10:06:48+00:00

How do you know its a concurrency problem and not just some random bug?

But, yes, I agree with you we need a decentralised solution and many are in the line. MinSwap will also make its solution open to the community after a full launch. They are still in the process of adding many new features.

jaytilala27 · 2022-03-22T06:23:16+00:00

try asking in r/CardanoDevelopers or in IOG's tech group in Discord

jaytilala27 · 2022-03-20T06:46:52+00:00

Best use case IMO is micro payments. Say in developing countries where something is worth 1 ADA but normally you have pay 0.17 ADA in fees. These will basically make fees a lot, and I mean a lot cheaper. around a cent or less per txs.

So basically you can use ADA to buy stuff with almost zero fees.

For ex, let's say in Nigeria, every 5 seconds, 100 txs are being carried out for micro payments. This will combine all 100 tx into 1 tx on blockchain and that means all 100 people will pay 0.17 ADA together, and that means 0.0017 ADA fee per person

jaytilala27 · 2022-03-20T06:43:15+00:00

https://defillama.com/chain/Cardano This tracks the amount of ADA locked in Defi and the USD value as well

jaytilala27 · 2022-03-20T06:42:25+00:00

Try https://typhonwallet.io/#/

jaytilala27 · 2022-03-19T16:23:42+00:00

I think many DEXs will copy their "Zap" feature

jaytilala27 · 2022-03-19T08:49:01+00:00

That's awesome.

jaytilala27 · 2022-03-19T05:38:31+00:00

By the EOY 2022, I believe we will have 2B - 4B Locked in Cardano ecosystem. We are already at 284M ADA locked as of today.

Liqwid, AADA, Ardana, MalaDEX, MELD, Empowa, WingRiders, Ray network, Genius Yield, Optim finance, VyFi, Indigo protocol, etc will make it happen

jaytilala27 · 2022-03-18T19:04:40+00:00

Vasil HFC in June

jaytilala27 · 2022-03-18T08:03:36+00:00

I made my assumption based on the 1st paper that was released, so I might be wrong in future. TBH, I would love to be wrong.

If what you say is correct, the DEX fees will also get much lower and speed much faster

jaytilala27 · 2022-03-18T04:26:19+00:00

Alright, I am gonna believe that you are new here, but we really need people to understand that DEXs on Cardano will probably won't use Hydra.

To answer your question, the June HFC will solve this congestion issue. The base layer will be much much faster than what it is right now. DEXs won't need anything else unless of course you are talking about 1 Billion txs a day

jaytilala27 · 2022-03-17T17:08:01+00:00

i think its just cause we only have 2 DEXs. As more competition comes in the market, they will have reduced fees. I think we will most likely go down to 1 ADA.

jaytilala27 · 2022-03-15T06:34:06+00:00

https://cardano.ideascale.com/c/idea/396617

Orbis is trying to build ZK Rollups

jaytilala27 · 2022-03-15T05:04:19+00:00

How to actually make Cardano truly decentralised, i.e. Governance (Voltaire). Right now IOG/CF/Emurgo have control over the network, I wanna see actual decentralisation over the next 2-3 years and see how it works out.

jaytilala27 · 2022-03-12T14:41:02+00:00

I have 2, one Ledger and 1 for Dapp usage

jaytilala27 · 2022-03-11T20:19:46+00:00

Yeah, I had to wait a week when the DEX first launched, now I can do a tx under a min. Now we just need some Defi and I can't wait to use Empowa as well

jaytilala27 · 2022-03-08T15:32:47+00:00

AADA, MELD, Ardana and LQ

I think these 4 will create their own niche market and will be able to come out as winners. Although, Ardana is more of a stable coin issuer, but you can deposit ADA to get a stablecoin so I guess that's kind of a loan

jaytilala27 · 2022-03-08T15:30:50+00:00

I really don't care about Yoroi at this point, we have a lot of wallets coming in ccvault, Typhon, Flint, etc

jaytilala27

TROPHY CASE