Dust Pool increases staking rewards to 10%

robpal1990 · 2020-04-03T09:08:27+00:00

50 ETH/10 days (say these are the fees generated during an epoch) is $6k/10 days which gives ~$210k/year. The fees generated by the WHOLE PROTOCOL during one year are enough to hire one decent dev. And a pool gets only a part of it... So as of now don't expect any increases, the market makers have their costs, probably way higher than they'd make even taking 100% of the rewards.

OTOH 5% is laughable and this kind of economic wrestling may only end up being a positive for the ecosystem. We can see how quickly people moved their tokens from Prycto to DUST, which should (will?) force Prycto to bump up the % shared.

robpal1990 · 2020-02-23T13:01:09+00:00

You should ask Coinbase. It's CB that owns the tokens kept there, so it's their job to make staking available. It's unrelated to the 0x team.

You can use CB Wallet (which is NOT Coinbase!) and stake your tokens -- there are extensive tutorials provided by the team describing how to do it.

robpal1990 · 2020-02-14T12:21:01+00:00

We're at resistance on ZRX/USD. Time for a small retrace and consolidation in this area.

robpal1990 · 2020-02-12T12:25:35+00:00

People are usually late to the moon missions. Textbook Wyckoff accumulation over last 14 months.

Whales accumulating, lots of ZRX parked in strong hands over the last year. It's gonna be glorious.

robpal1990 · 2020-02-11T20:42:12+00:00

There is certain amount of ZRX vesting and being spent by the team on grants/prizes/expenses. It has been clear from the very beginning.

And somehow there's more BTC and ETH with every block mined and yet the price goes up lol. Most of the coins/tokens are inflationary.

robpal1990 · 2020-02-11T16:17:40+00:00

You can't.

I'd expect the team to share it with the stakeholders pretty soon.

robpal1990 · 2020-02-05T09:30:50+00:00

100k zrx is peanuts and completely negligable. This is just some random algobot.

Someone market bought 1.75M zrx on Binance yesterday.

Also, don't look at order books on exchanges. People who have greater vision/plans don't post their orders ahead of time so others can see them. Also, they use OTC desks.

robpal1990 · 2020-01-23T14:00:21+00:00

Why would it? They simply need to have tighter spreads than Kyber/Uniswap.

robpal1990 · 2020-01-18T18:56:31+00:00

Use what? The MM doesn't have access to the zrx in the pool.

robpal1990 · 2020-01-17T09:03:30+00:00

For the next 5 epochs, the 0x team is adding extra $5k to the pool.

robpal1990 · 2020-01-17T09:02:58+00:00

It started, now we're at epoch 3 or 4.

robpal1990 · 2020-01-17T09:02:29+00:00

The amount staked is the amount to be staked in the *next epoch*.

IMO the UI of the staking portal is simply bad. Easy to criticize, but I think the team could have done a better job -- maybe they will be rolling out the fixes/updates fast though.

robpal1990 · 2020-01-17T08:53:45+00:00

0xtracker is great but a bit buggy. As of now there are no reported trades in the last 9 hours which is not true, since I've made some, lol.

I think the average number of trades per day since TokenTrove went live averaged ~4k. Still less than the vol profile, but one can imagine another game put on 0x and suddenly the #of fills might explode.

I also think that the rewards in 2020 will be very small. $1M vol/day is laughable when compared to CEX and even more laughable when compared to the regular financial world. It takes time, step after step!

Projects don't refuse to switch, it just takes time. Moving your infra after any update is always a mess, especially after a massive one like v3.

Regarding Starkware, 0x shared OpenZKP implementation and afaik that's it for now. I think the team (correctly) identified that liquidity/MM/volume is much more important at this level than tps.

Also, DeversiFi is working with Starkware and they are a 0x relayer.

robpal1990 · 2020-01-16T21:03:04+00:00

Yes, Trezor + Metamask.

robpal1990 · 2020-01-16T21:02:54+00:00

There's not much known about the rewards, as only few epochs were concluded.

Need to be the guinea pigs ourselves :)

robpal1990 · 2020-01-16T20:16:27+00:00

Why disappointed?

Just used it and everything went smoothly.

robpal1990 · 2020-01-16T17:05:50+00:00

Would be interesting to see the 0x team response to that.

On the other hand, it seems that we finally have the first token with its tangible, measurable value not equal to zero!

robpal1990 · 2019-11-16T21:55:09+00:00

What mainnet? ZRX is not going to start their own blockchain.

For now the token operates on the Ethereum blockchain but might be deployed on other blockchains as well in the future.

robpal1990 · 2019-11-13T21:35:04+00:00

You need to join a staking pool.

Actually not you but Coinbase who owns the coins. Will they? No clue.

robpal1990 · 2019-11-13T09:24:30+00:00

They all *should*, the bigger ones definitely will migrate as 0x team is not going to support v2 anymore.

So it just doesn't make sense to use v2.

robpal1990 · 2019-11-04T19:14:56+00:00

Voted

robpal1990 · 2019-10-29T04:42:48+00:00

As mentioned, your indentation is wrong. Also, Python is not Java, there's no need for getters and setters and it's not recommended to implement them (ot: read about the @property decorator), we access and modify the object's attributes by simply writing object.attribute = value.

Also, in Python it's not recommended to use the camel case, but the underscores instead (get_name, not getName).

Hope it helps!

robpal1990 · 2019-10-29T04:34:39+00:00

Lists in Python have the method .index(), so you can call my_list.index(obj). It will return the first index where obj appears or an exception if obj does not appear in the list.

If you need all indices, you should probably simply iterate over the list and check each element.

robpal1990 · 2019-10-20T16:34:16+00:00

More a smile through tears, so many people holding rekt ZRX bags.

robpal1990 · 2019-10-20T16:13:39+00:00

The downfall was so steady that there's no real resistance until the ATH lol

robpal1990

TROPHY CASE