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Anyone interested in the Parallel Finance Parachain? First to launch liquid DOT staking, future plans for ETH and SOL staking as well. Not to mention NFT staking. I guess this is a shill but I’m also interested to see if anyone else is bullish on PARA?
DOT and dive into the ecosystem, move your coins off the CEX, open a wallet on-chain, Talisman wallet is where my coins are and from there you can interact seamlessly with the parachains. Super user friendly and all encompassing. Research the upcoming parachains and interact with the ones that are already live, tons of rewards and lots of value within and I expect them to boom alongside DOT in the next bullrun. ACA, PARA, PDEX and more.
Coisas Básicas a Saber no Forex e os Prós e Contras do Mercado Embora a negociação de Forex possa ser feita principalmente por bancos e corretoras profissionais, elas também podem ser feitas por aspirantes a investidores (iniciantes no mercado). Há muitos prós e contras ao negociar Forex. Conhecer esses prós e contras irá orientá-lo sobre os riscos de começar a se envolver na negociação Forex. CLIQUE PARA SABER MAIS!
Yeah. They opened them up about three weeks ago I think. I had to create a Moonbeam extension in Metamask wallet to get the GLMR rewards. I have not received any PARA rewards. It still says “pending rewards”. I think they will be distributed incrementally over the next month or two. Did you stale before the auctions started, or during? If you did it during the auctions it’s likely your rewards aren’t ready just yet. I got into the “early bird” staking.
I just put in that new order to try and catch the bottom. Ex dividend is March 12 so over $500,000 that almost covers the interest. Just an incredibly oversold condition right now. One consolation is that if there are serious suitors out there like Apple, this is the time to strike while Sherri Redstone is feeling a bit desperate. PARA-VIAC has been doing everything right lately, and this is the thanks they get. The market sometimes is very cruel and unmericful. Meanwhile they allow TSLA to have a 100 PE and ne wildly overvalued even though TSLA has just as much competition as VIAC. Oh well.
I did ACA, EFI, PARA, and LAYR. I am putting my largest % in Polkadex (crowdloan will open for it on the 17th). PDEX is a DEX unlike any of the other DEXes I've seen. It has a orderbook instead of a AMM, and will function like a CEX (can put limit orders. etc.), it has a fiat on ramp, mobile app in Q1, 500K TPS, interoperable, IDO platform (currently in testnet) and the current staking rewards are about 60-70%. It a low-cap coin at the moment, so pretty risky. DYOR, but have high hopes for this one. If they accomplish what they ae trying to do, I don't see how it won't succeed.
Personally, I found Paragraph 6 of their T&C VERY Interesting and not at all comforting, particularly the last portion. I also noticed that they are running through the British Virgin Islands, which (correct me if I’m wrong) is historically full of Banking & Financial Institutions used to tightly protected the Acct Owner’s ID’s and investments from exposure & potential gov’t seizures if they are doing something shady (not saying these guys are)..*shrugs* Maybe paragraph 6 is standard terminology for such an offering, I wouldn’t know, but leaves me w/too much doubt, along w/U.S. exclusion Yes, there are strict SEC Rules, and that suks, but it also serves to protect investors to a small extent from rug pulls & the like..just sayin’, not great & yes drives some away, yet also causes me a bit of trepidation if they chose not to comply..*shrugs* makes me go..Humm..”why not?”, and I in no way claim to be a well educated or large investor, just sharing my own thoughts & opinion here, so kind don’t persecute me too much.. PORTION OF PARA #6: “participation does not constitute a contract where DH is obligated to spend the funds furthering any related projects concerning SatoshiSwap, SecondToken or relating to the ecosystem. DH if they wish can destroy any funds or donate them to any nominated beneficiary of their choosing or spend them for DH's own personal benefit. If DH use the funds in a way to further the SatoshiSwap and SecondToken ecosystem in any way including development, marketing or liquidity this is entirely at DH's discretion.” [Satoshi T&C’s](https://satoshistreetbets.gitbook.io/satoshiswap/presale/terms-and-conditions)
Well not financial advice but, if you commit your DOT through Parallel Finance you will get the rewards from the Parachain and Parallel Finance. So for example you commit 1 DOT it gives you 4 PARA + XCOIN (the reward). So with your 1 DOT you now have 3 different cryptos. Yes it’s a 2 year commitment and yes it has risk but if your plan is more long term you could potentially see more money. Again NFA just my opinion, and I’ve also committed DOT this way.
Pretty simple really. Just set up your polkadot wallet, transfer some DOT in, and then choose which project you want to loan your DOT too. You can do it through the decentralized way through polkadot.js or centralized way through Kraken, Binance, etc. depending on your location. I did it through Parallel Finance since you also will get PARA token in addition to the project tokens.
My own thought process was I plan to hold DOT for the long run, so I lease my DOT in the meantime and get the Parachain native token. Also now that Parallel Finance won a slot you can commit DOT through them and get PARA and that new Parachain token. Cool cool stuff! Maybe it’s successful maybe I just lost all my money, who knows!
If he could also quickly do S2F models to the end of 2022 for the following that would be acceptable and further cement his rep as THE crypto guru ADA - GRT - HNT - ATOM - PARA - LINK - MATIC Cheers PlanB, we’re already creating a token named after you, just need to know what your cat’s name is