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Waves is a community‑based stack of decentralized open‑source technologies to build scalable, user‑friendly apps. Website: https://waves.tech/
To ensure all newcomers have ample time to onboard and participate, we are thrilled to announce that we're extending our trading competition on Uniswap for one more week!
📆 New End Date: November 5th, 3 PM CET 📆
Tune in for the final stretch of our competition! 🎉📈
https://wx.network/wxdao half of WX DAO treasury has been collected, looks like it will close next week.
After the DAO has been launched you can join as well but there will be the treasury value factored in into the price.
📢 Get ready for our weekly AMA session, commencing shortly! Have your questions at the ready and join Sasha in this group! 🎙️
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🌟 An 'asset' in binary options trading is the foundation for your trade. In the case of Binaries.Market, it's all about cryptocurrencies, with the current primary pair being BTC/USDT.
👀 Keep an eye out for new cryptocurrency pairs coming soon for more trading opportunities!
💸Invest in WX DAO!🌊
The WX DAO launch is getting closer! Don't miss your chance to get $POWER token at an attractive rate. After the WX DAO launch, the only way to become a WX DAO participant will be a WXDAO token purchasing. But its price will be higher than now since it depends on the treasury's worth.
Invest, develop, earn!
WX DAO guide || WX DAO proposal || WX DAO Investment tab
Dear community,
The protocol in general and the Neutrino website in particular have undergone the following changes related to the recent transition to the Power DAO platform:
⛔️NSBT is no longer available for purchase from the Neutrino contract.
✅However, the contract can still buy NSBT for XTN at fixed price (1 NSBT=1 XTN), so that NSBT price cannot go any lower than that.
🗳Neutrino governance has been moved to Power DAO. We have made the related changes on the website. The older votings will remain on site as history records.
🚀 Have you heard about the WX DAO and its significance for our ecosystem and community? Find all the answers related to the WX DAO strategy and potential in the recap of Sasha's special AMA.
You can still join the DAO via👇
✅ Staking $WX
✅ Depositing $WAVES to the treasury
Claim your stake in the future of WX Network today!
🗳 Vote now to support adding the PL-USDT - $SWOP pool on Swop.fi! Have your say here!
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WXDAO WXG tokens FAQ
What are WXG tokens?
WXG tokens are de-pegged wrapped stable coin tokens on the Waves chain. They have lost their $1 peg, and the buyback process, funded by WX trading fees, is intended to restore their value to $1 and make their holders whole. Once the price peg is restored, WX DAO holders will have the opportunity to sell their WXG tokens and profit from it.
Why are they added to the WX DAO treasury?
WXG tokens are included in the WX DAO treasury to allow participants in the WX DAO ecosystem to benefit from WX trading fees. The primary purpose of this inclusion is to facilitate the restoration of the $1 peg of WXG tokens by using the fees collected from trading activities, which, when successful, will enable WX DAO holders to sell WXG tokens and profit from the restored peg.
How are they added to the DAO treasury?
The WXG tokens are continuously repurchased using WX trading fees, and the acquired WXG tokens are contributed to the WXG DAO treasury on a weekly basis. This process is essential to support the goal of re-establishing the $1 peg of WXG tokens, which will ultimately allow WX DAO holders to sell their tokens and realize profits.
If WXG tokens are sent to the treasury every week, does it impact DAO governance and rewards?
The WX DAO treasury is designed to create an almost automatic mechanism for increasing its value, especially during its initial six months of operation. In regular DAO operations, participants can expect to receive 20% of the profit generated from the growth of the treasury. This mechanism helps incentivize participation and rewards within the WX DAO ecosystem, all while working toward the goal of restoring the $1 peg of WXG tokens and enabling holders to profit from the peg's restoration.
https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn The best way to join the WX DAO is to join it now!
🚀 Dive into the world of binary options trading with Binaries.Market on the Waves blockchain!
Predict BTC price movements and potentially earn up to 80%. Check out the simple instructions and watch for exciting updates, including new trading pairs, Ethereum support, and the upcoming token launch.
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Get ready for waveslands/ready-steady-delivery-a99292f20468">a new adventure with WavesLands! 🚀 Cargo, ducks, and rewards are waiting for you!
🚚 You have one available delivery attempt daily to transport cargo with your Waves Ducks within 10 minutes. Don't forget to deliver on time, or your duck will receive a 3-hour ban. You can also take additional delivery orders, one for every 0.5 staked $ACRES. One successful delivery earns you 0.005 ACRES (0.05 USDT).
✅ Join the new adventure, visit the "Cargo Delivery" section in "Activities," and prove your capabilities! The reward fund and the delivery pool are funded through ACRES staking and delivery transactions in the game. This activity runs permanently, so you can participate at any time! 🏆🦆
Dear community,
The Neutrino team expresses its gratitude to all Neutrino DAO participants for their trust and active support.
We would like to share with you the Neutrino development upcoming plans.
With an eye on global crypto trends, we decided to merge traditional finance with decentralized innovations. We're gearing up to introduce a DeFi index fund based on six key tokens from the Waves network.
Our focus is on launching a proof of concept (POC) for the Neutrino Crypto DeFi Index (NCDI) using existing solutions within the Waves network. More details.
Join us on this exciting journey ahead!
WX DAO structure
WX DAO participation is designed to offer a good risk/reward ratio opportunity for its members. Apart from participating in decision-making and shaping the direction of WX development, participants can also benefit financially. Let's delve into how this works.
Firstly, it's important to note that the DAO is kick-started with contributed funds. The WX team has generously donated 10 million $WX tokens to its treasury. If the value of $WX increases, participants share in 20% of the treasury's growth.
Another method to boost the treasury's value is by depositing WXG tokens, which are acquired through the buyback process funded by WX trading fees. This means the WX DAO indirectly benefits from the fees generated by WX trading. The treasury's value increases automatically as WXG assets are added, and their worth is tied to the buyback procedure. Eventually, the DAO can decide to sell WXG tokens back to WX at a higher price when the price of WXG rises due to constant selling pressure from fees. This realization of profits adds to the DAO's financial growth.
These two donation-based methods ensure that the treasury's value grows, almost by design, at least during the first 3-6 months.
Additionally, all DAO participants receive $pwr tokens, which they can unstake and sell every three months. This means any potential upside within the DAO is an added bonus on top of the $pwr token price.
Among the participants, gWX (staked $WX) token holders have the easiest route to engage in the DAO since they don't need to take any additional actions.
For those who deposit funds into the DAO treasury during its initial launch, they have a strategic advantage over latecomers who join the DAO after its launch. These early participants essentially buy $pwr tokens at the current market price, and any potential DAO gains are in addition to it. Latecomers, on the other hand, will need to factor in the growth of the DAO treasury when they enter, making joining now more cost-effective.
Our aim is to structure the WX DAO in a way that aligns with the WX.network roadmap, focusing on increasing WX trading volumes, while simultaneously benefiting the community.
https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn Join the DAO now!
3 ways to enter the $wx dao:
- Stake $wx or have it already staked. Get $pwr for free
- Deposit to treasury. Get $pwr + 20% of the treasury growth
- Join the DAO later by buying treasury LP at market price
https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn
Different ways to become a member of WX DAO.
WX DAO is structured as an incentivized community DAO designed to involve various participants from the Waves ecosystem in wx.network governance. It aims to offer them multiple low-risk revenue streams.
Every participant in the DAO receives $pwr tokens and has the ability to vote on proposals within the DAO and share in the profits generated by it. Participants also have the option to unstake and sell their $pwr tokens. This unlocking of $pwr tokens occurs every three months during the DAO treasury settlement when rewards are distributed.
The DAO treasury's initial capital consists of a $10 million donation from the wx.network team and the WXG tokens acquired through buybacks using WX trading fees, thereby increasing its value. Every three months, DAO participants are entitled to 20% of the treasury's growth in value. This growth is dependent on the $WX tokenomics, which allow $WX to be used for paying trading fees, reducing its supply. Furthermore, the execution of the WX roadmap introduces various new incentives to enhance the utility of $WX. In addition to this, the WXG buyback process guarantees continuous growth of the WX treasury, regardless of the price behavior of WX tokens.
There are three ways to become a member of the WX DAO, engage in WX governance, and potentially benefit financially from it.
1. gWX (staked WX holders) receive $pwr tokens automatically and only need to stake their WX tokens. They can participate in WX governance and profit from the growth of the DAO treasury. These participants can later unlock and sell their $pwr tokens, essentially making them a staking bonus.
2. You can become a DAO member during its initiation process by depositing funds to the DAO treasury, effectively purchasing $pwr tokens at the current market rate. You can unstake your $pwr tokens after three months, following the first settlement. This grants you all the voting and profit-sharing rights within the DAO. Any upside from the DAO treasury that you receive is an additional reward on top of the $pwr token price.
3. You can become a DAO member after its launch by purchasing WX LP tokens on the open market and depositing them in the treasury. In return, you receive staked $pwr tokens (with 1 WX LP token granting you 1 $pwr in the DAO) and can participate in governance and profit sharing. In this case, the price of the WX LP token may be higher than that of the $pwr token since it includes profits from the growth of the WX DAO treasury. This means that participating in the DAO's launch process and depositing funds in the treasury provides a discount relative to latecomers who enter the DAO based on its current treasury value.
All the methods of entering the DAO are designed to offer a favorable risk-reward ratio, with staking WX tokens and depositing into the treasury during the DAO launch being the most profitable option.
https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn The DAO is launching !
The reason why WX DAO is structured to have a low level of risk is quite straightforward. When you become a member of the DAO, you receive $pwr tokens that are staked within the DAO, and you have the option to unstake and sell them at a later time. This means that the extent of your risk is essentially tied to the price of the $pwr token itself.
The $pwr token serves as the utility token for the Power governance protocol and has intentionally been designed to be scarce. Consequently, when you become a member of the DAO, you effectively acquire $pwr tokens at the prevailing market rate.
What's worth noting is that individuals who join the DAO at this moment do so at a discounted rate. This is because, in the future, the DAO treasury will factor into the price calculations. Presently, you are entering the DAO at a price that reflects the market value of the $pwr token, which offers a degree of stability and predictability to your investment.
https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn
🌊 Curious about how Waves Ambassador DAO works? It's a breeze:
1️⃣ Follow the Waves ecosystem.
2️⃣ Have active social media accounts.
3️⃣ Hold some $pwr tokens.
4️⃣ Stake 'em in the Ambassador DAO.
5️⃣ Complete assigned tasks, like reposts or retweets.
6️⃣ Enjoy a monthly 10% in $pwr tokens!
🚀 Join the action: https://app.power.tech/dao/3P48jWGMbCS4NaLh9xJnEhaDYnFYpoAGhET
🚀 BIG NEWS! 🚀
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There are three ways to become a member of WX DAO, and currently, two of them are accessible:
1. Stake WX tokens (or hold WX tokens that are already staked).
2. Deposit funds into the DAO treasury during the launch process. By doing so, you effectively purchase $pwr tokens that are staked within the DAO, without taking into account the treasury funds, which currently consist of 10 million WX tokens plus continuous additions of WXG tokens.
The third method will become available after the DAO has been officially launched. In this scenario, you will have the opportunity to stake your WX DAO tokens in the DAO treasury, and these tokens will be available for purchase.
The pricing will consider the growth of the treasury; it will be calculated as the price of $pwr token plus an additional 20% of the treasury's growth divided by the number of tokens. Consequently, individuals who become DAO members at a later stage will enter the DAO at a premium compared to those who join during the initial launch phase.
If your primary goal in becoming a WX DAO member is purely financial, it makes sense to take action now rather than waiting for later.
https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn - check the updated DAO page with the treasury value calculation.
🎤 Get ready for the upcoming weekly AMA with Sasha! Your chance to ask questions is just around the corner.
📆 Be there tomorrow at 1 PM UTC in the Waves Official Group. Don't miss out! 👋
📖 The text recap of Sasha's AMA from last Friday is now ready!
Get all the juicy details from the conversation here! 👀
Greetings everyone!
⚡️⚡️⚡️We would like to share the newest enhancements to the Neutrino protocol:
1) Your staking rewards, sourced from protocol fees, are now distributed based on the amount of gNSBT you possess. This ensures equal earnings for both gNSBT holders from SURF and those from NSBT.
2) The XTN>Multi-collateral Max swap amount has been increased by 3 times.
Stay tuned for more updates! 🚀
🚀 Adventures with Pete continue! Now, we're taking the excitement to Uniswap, where a thrilling trading competition awaits you. Trade $PETE / $USDT and win big! 😎
💰 Top 5 traders with the highest trading volume will claim 100-500 $PETE. Plus, 100 random participants will each get 10 $PETE! The contest kicks off in 2 hours and runs until October 29, 2023, 3 pm CET.
Don't miss out on the action! ❤️
https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn…
WX DAO will support the execution of http://wx.network roadmap for the next few month, including -
- Derivatives DEX (classic perpetuals on WX matching engine)
- Synthetics (custom assets with external oracle prices peg, matched on the WX engine)
- Fiat re-integration into WX. Direct on-ramp from fiat world
- Cross-chain stable coin liquidity aggregation
Trading volumes should increase many times over, benefiting the DAO participants.
Stake your $WX to get $pwr locked in the DAO or buy it directly with $waves during the DAO launch process!
📢 Just 15 minutes left until the weekly AMA! Sasha is all set to answer your questions and will also conduct a draw for 1000 $PETE! Don't miss it, join us in Waves Official Group! 🚀
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https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn…
Staked $wx holders become members of http://wx.network DAO "for free", and get $pwr tokens on top.
Or just buy staked $pwr in the DAO directly with $waves.
📢 Reminder: Join us for our Weekly AMA with Sasha! 🎤
Tomorrow at 1 PM UTC, we're going live in the new location — Waves Official Group! 🌊 Prepare your questions and be sure to tune in for an informative discussion. See you there! 👋
https://app.power.tech/dao/3P48jWGMbCS4NaLh9xJnEhaDYnFYpoAGhET Ambassador DAO is starting! Promote Waves ecosystem, stake your $power, and get paid! Targeting 10% monthly APY.
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🎉 The recap for Sasha's recent AMA is now available! Dive into the written version and catch up on all the details from the conversation. 🚀 Don't miss out on the insights and highlights!
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🐵WX Network Governance evolution!👨
The WX Network governance system has proven itself to be a safe and transparent management tool. It’s time for the next step towards decentralization so that any of you can propose ideas for improving and developing the platform. Therefore, we invite you to vote for the creation of WX DAO and make the WX Network part of a POWER DAO big family.
If WX DAO is successfully launched, WX Network team will donate 10,000,000 WX to its treasury. Do you want to get a piece of this cake and receive POWER tokens to boot? - Then hurry up to participate in the WX DAO.
Is this intriguing? - More amazing details in the article!