@Killer_Midget@BrilaFinance Thx! Will wait for official statement from @BrilaFinance . The fact that they recommended doesnt mean people cant use any other wallets. Many people maybe didnt read their guide…
@mitrovskyd@BrilaFinance They posted a guide saying to use Rabby wallet. Idk if other wallets work or not. I didn't chance it so I used that wallet and was able to claim this morning. Idk if there is a way to claim on ethereum
How many @Onyx points do you have? 👇 Not only are we currently giving 29.89% APR on staking $XCN but we're also giving a 33.36% points APR ⏳
app.onyx.org/en/points
@JoeBudious@Onyx@base Like I said in my other reply, the points are made up. There is no liquidity for them as they have no value. They can't be bought or sold. If they wanted to not give rewards for points they can. Then the points would just merely be a representation of engagement on xcn ledger.
@Killer_Midget@Onyx@base But how is it created? If they have any liquidity, it has to come from so ethereal. How EXACTLY is it created? I get how it's "calculated". Don't explain how it's created.
Who's already gaining $XRP yield on @Onyx Ledger via the 10% Passive Onyx Point Allocation? Bridge your $cbXRP from @base and get started now using bridge.onyx.org $XCN
@JoeBudious@Onyx@base Say you have 100k staked. At 39.2% that is 39200 points a year / by 365 = 107.39. So You take 100k/total staked, 4.66B = 2.1459e-5 * daily points of 5mil= 107.296. That is how the yield is calculated. They aren't creating xcn tokens when sending rewards, it comes from DAO wallet
@Killer_Midget@Onyx@base What and how are points created? We need details. This explains nothing. How is yieldcreated? Not what the pay is. How is it CREATED?
@JoeBudious@Onyx@base The season points are made up and have no value in themselves. It is merely to encourage engagement and activity with the xcn ledger. They aren't creating xcn tokens when distributing rewards, its coming from the DAO wallet.
@JoeBudious@Onyx@base There are 10 million points distributed daily. Staking gets 50% so 5mil. The other whitelisted assets held on xcn ledger are the other 50%. This is the 2ndseason. I'm not sure how many points were distributed the 1st season but 10mil xcn were distrusted to all that earned points.
The community has made us aware that someone has nominated XCN for the @binance Next Pool. Stay tuned for further details and instructions on how to pick $XCN