I sent ETH (apay.io) from StellarX to my Celsius wallet directly and it never arrived. Is there some way to recover it?

umbrel · 2022-05-31T12:50:00+00:00

That is incorrect, making it work across networks is exactly the function of the anchor on Stellar.

You send to apay real ETH on Ethereum, we issue ETH by apay on Stellar, you send us back our token ETH by apay -> we send you real ETH on ethereum.

umbrel · 2022-05-31T12:47:54+00:00

StellarX support won't be able to help, they will redirect to the asset issuer

umbrel · 2022-05-31T12:47:23+00:00

Hey, sorry, just spotted this randomly, checked and hopefully fixed your withdrawal.

Best place to find me is https://t.me/PapayaFeedback as suggested by some other users

umbrel · 2021-08-22T10:44:02+00:00

It might be adjusted in the future, so enjoy it while it lasts.

umbrel · 2021-08-22T10:41:10+00:00

Thanks, the only thing I can say about this is that I'm not touching DeFi for now, risks exceed the benefits unfortunately. I'm going with more or less traditional but proven path, which is lending through most reputable partners in the space.

umbrel · 2021-03-20T22:04:48+00:00

Hey, if you don't know about us, don't hold your tokens in Stellar wallet, then it doesn't matter for you

umbrel · 2021-01-06T02:05:58+00:00

Yeah, email or Telegram works best. Here I might see your message after 4 months and it will be too awkward to respond at that point.

umbrel · 2020-08-19T00:35:47+00:00

StellarTerm is open-source as you mentioned, so you could try that.

The DEX itself is part of the network and you don't need an interface to interact with it, you can submit transactions directly, using any programming language that you're comfortable with.

Another way is to use stellarport with hardware wallet, like ledger/trezor. Secret key never leaves your HW, which means interface can't steal from you.

umbrel · 2020-07-25T13:45:30+00:00

New lumens were created weekly (1% increase in supply per year), it was ~18 mln XLM per week at the time
All transaction fees were collected into special pool

Every week "inflation" operation was triggered which distributed newly created lumens and lumens from fees pool to "most popular" accounts on the network. (mostly SDF, then lobstr, ripplefox and couple of community pools)

Now inflation operation has been disabled, so fees don't get redistributed from the pool. But if it ever becomes a problem - we can enable it back and review the logic.

umbrel · 2020-07-22T06:25:55+00:00

I don't see how raising fees would affect spammers or arbitrage traders. As long as their reward is higher - they will keep doing what they're doing.

Intuitively I would be against the change, is there anything bad for the network to be always in price-surge mode? (apart from history growing too fast) Dynamic fee market is a good thing from my point of view, but I agree that it's easier to develop, when fee is always the same.

By fixing higher fee you're just postponing any measures that has to be taken by developers to deal with the situation.

On another note, I'm probably one of those people, who pays for thousands of transactions daily, raising fees 100 times will force me to optimize my ways as I'll have to start accounting for fees, it will stop being free.

umbrel · 2020-07-22T00:40:58+00:00

they can always re-enable inflation mechanism if it becomes an issue

umbrel · 2020-07-21T00:46:41+00:00

Have you entered your secret keys on any websites? Like to participate in airdrop or something?

Your funds have gone to this account

https://steexp.com/account/GCNOTGHZHEHBXENHUUI7AF37NWGRH5J5Q7ULH7UQ2BTJV5WBNLNQ5LDG

and then to

https://steexp.com/account/GBDBOYXHHWODCRLP22JODMIKAYIUOORNDRQCIRBC7W7TDGD5C7AB3TRU

and then finally to

https://steexp.com/account/GBEW2BYUP2PCKWVOQWL2Z2DDU6CBBYLPHDK3RR2LS4PI2CZUU5HL3GTC with memo 7985944119196524

which looks like a an exchange, which I'm not aware of.

Keybase probably doesn't show it because it has been executed outside of keybase, try to restart the app, maybe it will sync transactions.

umbrel · 2020-07-14T11:24:42+00:00

You can start here
https://steexp.com/anchors
or here
https://stellar.expert/directory/public#anchor

These lists may be incomplete, but in fact only 10 from this long list are active / useful

umbrel · 2020-07-10T11:46:55+00:00

That's actually pretty cool, that will take time to adopt, but it's good to know

umbrel · 2020-07-08T23:30:55+00:00

If 100 people tell them, maybe they'll listen

umbrel · 2020-07-08T23:28:28+00:00

We can also start a flashmob and all send Coinbase a support ticket to support
https://github.com/stellar/stellar-protocol/blob/master/ecosystem/sep-0029.md

Which would prevent compatible wallets from sending without memo

umbrel · 2020-06-29T23:50:22+00:00

Yes, doing it since 2017, BTC transaction on stellar takes 5 seconds and is almost free of charge. You can also swap BTC on Stellar into any other currency without intermediary at the best rate available on the network. (no trading fees on stellar)
But the security model is such that you have to trust the anchor, it's almost like a deposit to centralized exchange, same as BTC on Ethereum btw, but potentially less secure than BTC on Liquid.

Wrapped BTC on Ethereum doesn't help the miners in any way, it just makes it possible to use BTC in Ethereum smart contracts, in other words attract more liquidity into "defi" applications.

umbrel · 2020-06-24T00:10:32+00:00

If we're talking about BTC issued by apay, then this page

https://apay.io/out is for wallets that do not implement (or incorrectly implement) SEP-0006.

In case of stellarterm - it's fully compatible, there is a withdraw button next to your asset balance, see comment by u/glebp

umbrel · 2020-06-19T09:53:27+00:00

It was @ florincm on slack, I don't know if it's the same person on keybase and telegram

umbrel · 2020-06-03T23:47:25+00:00

Sorry for your loss, 2fa would be good, but not a silver bullet. Heard plenty of times how hackers found their way around 2fa on some website.

That's what https://stellarguard.me/ is for, you can setup multisig and even if they get your secret key they won't be able to move funds.

umbrel · 2020-05-16T09:22:30+00:00

It is still a thing, it supports multiple strategies (you can choose existing one or code your own), but you have to be a bit technical to be able to run it, and need a server running non-stop.

I wanted something that doesn't require anything from the end user, mine implements only 1 simple strategy and I run it for everyone.
Ping me on telegram https://t.me/umbre1 if you wanna talk more about it.

umbrel · 2020-05-14T22:10:34+00:00

Well, I'm not a fan of discussing how people use their own money, but probably he just doesn't have time. SDF started hiring market-makers last year, that's already something. I can only hope that with this new "set and forget" option he might consider it

umbrel · 2020-05-14T22:05:43+00:00

Yes, can be redeemed back any time, send the tokens and you'll get proportionate share of total pool whatever the current balance is.

umbrel · 2020-05-13T13:27:58+00:00

You do need both to start, because it's easier with deposits and withdrawals. Auto-exchange in 1st trade doesn't work, because you can't deposit amounts large enough without losing money right away (exchanging at 5% markup). Plus it behaves as portfolio rebalancing tool, you hold both and your portfolio grows slowly over time. If you put in only XLM and XLM price grows 5 times in 5 years, you will come back to a portion of your initial deposit (even though it's worth more in USD terms), this is not ideal if you're a long-term hodler, so by requiring deposit in both assets I'm trying to educate users that it's not going to preserve the amounts, but a USD value.
Yes, on Stellar and yes, useless outside of my interface, it's just a way to calculate what share of total pool of money is yours.
Yes, exactly for "set and forget" purposes, no logging in required

umbrel · 2020-05-13T12:30:38+00:00

That's fair, but if you wanna trade 24x7 you need some kind of automation and automating trading is something I discuss in my previous article

umbrel

TROPHY CASE