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Showing 20 of 688 results by CryptoAlphaStar
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Board Mining (Altcoins)
Re: PhoenixMiner 5.8c: fastest Ethereum/Ethash miner with lowest devfee (Win/Linux)
by
CryptoAlphaStar
on 21/11/2021, 11:18:05 UTC
The new beta version is ready. It is mostly a bugfix release, the more significant upgrades are coming next month. You can download PhoenixMiner 5.9b from here:

PhoenixMiner_5.9b_Windows.zip
PhoenixMiner_5.9b_Linux.tar.gz

The new features in this release are:
  • Full LHR disable mode -lhrdis <n>  1 - yes (default), 0 - no
  • Show the GPU vendor name in the list of GPUs to make it easier to identify the GPUs
  • Added support for the latest AMD Linux drivers 21.40.1. There are some bugs in these drivers, particularly the clocks and voltages can't be set properly with older

    cards
    (RX4x0/RX5x0/Vega/RadeonVII)
  • Validated support for the latest AMD Windows drivers up to 21.11.2
  • Fixed issues with AMD RX6700XT cards with the latest AMD and Linux drivers
  • Fixed issues with AMD Vega and Radeon VII cards on latest Windows and Linux drivers
  • Fixed crash with very old Nvidia drivers (3xx.x)
  • Other fixes and small improvements

The updated list of known issues (driver incompatibilities, etc.) and workarounds:

AMD Linux driver 21.40.1 has a bug preventing proper setting of clocks and voltages on older cards (RX4x0/RX5x0/Vega/RadeonVII). Given that these drivers are also

usually slower than

the older drivers for these cards, we recommend using Linux drivers 20.30 for anything older than RX6000 series.
If you are using Linux drivers 21.40.1 with Radeon VII cards, you need to add the option -fpwm 1 in order to have proper fan control.
AMD Linux drivers 21.40.1 has finally removed the requirement of PCIe atomics but there are problems when you try to mix Polaris (RX4x0/5x0) cards and Vega or newer

cards on the same rig.
Some Nvidia cards will report a lot of stale shares under Windows 11. Using the same driver version under Windows 10 resolves the issue.
Post
Topic
Board Altcoin Discussion
Re: What new DeFi token do you know?
by
CryptoAlphaStar
on 20/09/2020, 01:23:15 UTC
devil finance is starting tomorrow. Not a food token, but seems the same clone of uniswap, just like sushi. They are all the same with predictable token dynamics. I think they are declining now and the market will focus on the main platforms soon.
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Topic
Board Altcoin Discussion
Topic OP
CREAM cloned BALANCER. Huge APY% from tommorow for staking
by
CryptoAlphaStar
on 08/09/2020, 00:48:21 UTC
CREAM is mooning now guys. They cloned the balancer platform and they are launching exchange 11PM UTC+8 today September 8th.
Huge incentives for liquidity providers in the CREAM pools.
If all the CREAM in circulation is provided as collateral, that will be 800% APY guaranteed, regardless of price.
This is the hottest project in crypto now.

Here is the announcement:
https://medium.com/cream-finance/swap-launch-v5-beta-liquidity-mining-cf6a684f20bd
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Topic
Board Altcoin Discussion
Topic OP
Balancer Liquidity Staking Voted Today - 400% APY
by
CryptoAlphaStar
on 23/08/2020, 06:59:40 UTC
Hi guys,
a vote is currently going on in Balancer to increase the rewards for BAL pools with WETH, DAI, USDC and WBTC. It has 97% approval and it seems it will be accepted for sure.
Going live tomorrow 00:00 UTC.
These pools will have over 400% APY and if BAL price goes higher, the yield will, too. THIS IS CURRENTLY THE BEST YIELD FARMING PLACE IN DEFI.

Follow the APY here: http://pools.vision/

I am pasting the proposal from the balancer forum:
TLDR:
Proposal to have 45k BAL (~31% of the weekly distribution) allocated as an extra incentive for liquidity between BAL and uncapped tokens (WETH, DAI, USDC, WBTC). Wallets flagged as Balancer Labs shareholders don’t qualify for this “liquidity staking” extra incentive.
The main goals are to significantly increase liquidity on key BAL pairs and to allow non-shareholders to compound their BAL holdings at a much faster pace, accelerating protocol decentralization.

Motivation
The importance of BAL liquidity can’t be overstated:

TRUER PRICE DISCOVERY: it improves trading conditions for all market participants (lower spreads and less slippage for both buyers and sellers), allowing for a more transparent and effective price discovery process;

SUPERIOR LP INCENTIVES: a stronger token (with higher price inertia) results in a higher quality for the incentives given to LPs (liquidity providers) via liquidity mining;

SHARPER GOVERNANCE: it opens doors to a new class of invaluable stakeholders and protocol governors (e.g. larger investors, especially those heavily involved in and experienced with DeFi protocols);

BROADER GOVERNANCE: with no participation from Balancer Labs’ shareholders (more on that later), liquidity staking will accelerate BAL distribution and protocol decentralization by giving all other BAL holders the opportunity to compound their governance rights at a much faster pace;

SAFER GOVERNANCE: pools are non-custodial and BAL in them retain full voting power (i.e. no need to withdraw liquidity to vote), such that high liquidity and a healthy governance are not in conflict;

Balancer itself being a DEX, it feels only natural as the ideal venue for high BAL liquidity to be incentivized. Finally, it’s worth noting that allowing a high portion of the token supply to be concentrated on centralized exchanges could expose the governance to significant risks, as illustrated by the episode with STEEM.

The Proposal
This is a proposal to have 45k BAL (~31% of the weekly distribution) allocated as an extra incentive for liquidity staking.

This extra incentive is:

all BAL distributed as a result of applying a stakingBoost > 1 to the liquidity of {BAL & uncapped_token} pairs, from wallets which are not flagged as shareholders of Balancer Labs.

The remaining 100k BAL would be distributed to all LPs in all eligible pools, disconsidering the effect of a stakingBoost (i.e. all liquidity being subject to BRF = ratioFactor).

The constant value now would be: STAKERS_SHARE = 45000 / 145000, and we can then calculate the unique value for stakingBoost that satisfies this target distribution.

The intended result is for BAL liquidity on Balancer to increase substantially, but in a self-regulated way.

The simple yet powerful idea is: as BAL liquidity gets higher the extra incentive to staking gets diluted among stakers, so that our constant target for STAKERS_SHARE is met.

In a more visual approach:

when non-shareholder BAL liquidity is low, the stakingBoost will be high, resulting in a high BRF (a hypothetical scenario being the orange curve in the graph below, in which BRF peaks at 12), so there will be a very strong incentive for BAL liquidity to increase;

when non-shareholer BAL liquidity is high (the desired scenario), the stakingBoost will have come down to lower levels, resulting in a lower BRF (a hypothetical scenario being the green curve below, in which BRF peaks at 3).


Calculating the stakingBoost: a practical example
We first calculate the liquidityPreStaking: the total adjusted liquidity from applying all factors, but with stakingBoost = 1 (i.e. BRF = ratioFactor). Let’s say the result was $200M.

We will need to apply a yet unknown stakingBoost so that:
STAKERS_SHARE = (finalLiquidity - liquidityPreStaking) / finalLiquidity

… which can also be stated as:
finalLiquidity = liquidityPreStaking / (1 - STAKERS_SHARE)

In our example:
finalLiquidity = $200M / (1 - 45000/145000) = $290M

We may apply any temporary tempStakingBoost > 1 to {BAL & uncapped_token} pairs from non-shareholder LPs, resulting in a tempLiquidity. Let’s say our result was $230M. This would mean the tempStakingBoost increased the adjusted liquidity in $30M, while what we actually want is an increase of $90M.

Now to get the desired stakingBoost, we only need to “stretch” or “shrink” the tempStakingBoost according to the ratio between the two liquidity adjustments (desired & temporary):

(finalLiquidity - liquidityPreStaking) / (tempLiquidity - liquidityPreStaking) = stakingBoost / tempStakingBoost
… which in our example would result in:

(290 - 200) / (230 - 200) = stakingBoost / tempStakingBoost
stakingBoost = 3 * tempStakingBoost

Shareholder Addresses
An important aspect of this proposal is that Balancer Labs shareholders (investors, advisors and founders) seem aligned with the spirit of the proposal: to accelerate governance rights distribution. In order to achieve this goal, their wallets will be excluded from participating in liquidity staking. This restriction doesn’t apply to eventual BAL they hold that are unrelated to their shareholder allocations, for instance BAL bought on the market or earned through being LPs with tokens other than their BAL shareholder allocation.

Note: wallets currently tagged as “Balancer: Shareholder XX” on Etherscan are actually vesting smart contracts which hold mostly locked (i.e. yet unvested) BAL. Vesting happens continuously and linearly over a period of 3 years which started at token launch (2020-06-20). When finally vested (i.e. free to transfer), BAL can only be withdrawn to the respective beneficiary address of each vesting contract. The addresses listed above are the 51 unique beneficiaries of the 51 vesting contracts. All the BAL balance they already hold is vested.

The community is willing to tolerate up to about 10k BAL per week per shareholder being sent to centralized exchanges as they are cognizant of shareholders also seeking to deleverage their BAL positions over time, without attempting to subvert the exclusion list. In case some large BAL balances move to third-party custody solutions held in segregated addresses or to multisig wallets (both situations are likely to happen), the current list may be updated to reflect those new shareholder addresses as also excluded from liquidity staking.

The community will have the prerogative to update this list so that changes are effective already before any still pending weekly distribution.
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Topic
Board Altcoin Discussion
Re: Vitalik Buterin vs Dan Larimer
by
CryptoAlphaStar
on 19/08/2020, 18:40:10 UTC
This is not a serious comparison. One of them is building the most awesome platform in crypto.
The other builds platforms en masse and they become ghost towns in a year or two time.

Both are smart. But only one of them is here to build and create value for the world.
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Topic
Board Altcoin Discussion
Re: Beware of fake gold backed tokens
by
CryptoAlphaStar
on 26/07/2020, 21:36:24 UTC
I own some Paxos Gold. My research showed it is backed in vault by real gold and run by real respected people. I feel safe with it.
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Topic
Board Altcoin Discussion
Re: What's the big deal with Chainlink?
by
CryptoAlphaStar
on 16/07/2020, 19:37:08 UTC
Chainlink is solving one of the big problems for smart contracts - how to acquire information from the physical world and that information to be fed to the code and algorhytms.
Chainlink is an oracle - colleting and fetching the data in a way that smart contracts can understand.
(That is a very simplified explanation.)

It is a layer 2 solution.
The surge is not connected with DeFi.
Post
Topic
Board Altcoin Discussion
Re: The list of bounty projects that end in a scam
by
CryptoAlphaStar
on 02/07/2020, 09:45:22 UTC
I was burnt by:
1.BCNEX Exchange
2.Assetstreat

I mean exit scam.
Close to all other projects, cheated or deviated from the initial promises.
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Topic
Board Altcoin Discussion
Re: Coinmarketcap or Coingecko?
by
CryptoAlphaStar
on 25/04/2020, 23:01:46 UTC
I am using Coinmarketcap by default, but it is more simplistic. Coingecko giver more information and one look and in fewer clicks in my opinion.
Post
Topic
Board Altcoin Discussion
Re: Trump’s Tweets Causes Cryptocurency Price To Tumble
by
CryptoAlphaStar
on 20/07/2019, 09:41:41 UTC
Looking at the price action after the tweet, I don't think so.
The interesting thing is that both the Trump tweet and the Libra negative hearing came approximately at the same time and Bitcoin is staying stable at 10K$.
If Trump and Congress can't crush Bitcoin, then what can?
Post
Topic
Board Altcoin Discussion
Re: Did you bought coins in the bear trend and what coins are that
by
CryptoAlphaStar
on 13/07/2019, 19:32:52 UTC
I bought security plarform tokens like Polymath, Swarm and Smartlands. I also was tricked to buy the scam called Digitex Futures and lost some money there.
I am currently not happy to see that altcoins don't benefit from the bull market.
Post
Topic
Board Altcoin Discussion
Re: Is Libra the future anyone wants?
by
CryptoAlphaStar
on 13/07/2019, 19:28:41 UTC
Unfortunately, the masses don't care about privacy. They care about convenience and saving time. And I am more than sure, that Facebook will provide that.
The libra project will be very successful according to me. But at a high price.
However, we are not obliged to use it or participate. Nobody stops us from keeping developing our own money.
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Topic
Board Altcoin Discussion
Re: IEO is popular, what do you think? Will you participate?
by
CryptoAlphaStar
on 13/07/2019, 19:26:15 UTC
I recently read an analysis article, which stated that IEOs are being profitable for early round investors. And it was backed by sufficient amount of numbers.
However, only a dozen IEOs were chosen for the analyses and I am not convinced that throwing money left and right in IEOs is a good strategy right now.
Now matter if we are talking about IEOs, ICOs or STOs... there isn't interest in altcoins right now on the macro level.
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Topic
Board Altcoin Discussion
Re: What are the benefits of a decentralized exchange?
by
CryptoAlphaStar
on 12/07/2019, 15:23:32 UTC
The widespread argument for decentralized exchanges is that you interact with them, without revealing the credentials of your wallet. You don't send them your coins. They basically provide the software for the trades to be executed.
Decentralized exchanges also don't require you to reveal your identity.
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Topic
Board Altcoin Discussion
Re: WHY DO YOU THINK THE PRICE OF ALTCOIN DROPS WHEN LISTED IN AN EXCHANGE?
by
CryptoAlphaStar
on 12/07/2019, 15:22:00 UTC
When a coin is listed on an exchange is the first opportunity for holders to sell. And a lot of holders bought with the intention to realize profits.
Obviously, not every investor buys at the same price. We have different rounds, pre-sales, private sale, secret sale, undisclosed sales, etc.
Someone will always have an upper leg on the exchange.
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Topic
Board Altcoin Discussion
Re: Trump's statement against cryptocurrency
by
CryptoAlphaStar
on 12/07/2019, 15:20:21 UTC
No one can stop a decetralized global currency, even the US president.
The market has the last word, not anyone else. Supply and demand, fellas. Everything else is noise in between.
Post
Topic
Board Altcoin Discussion
Re: will binance overtake the bitmex on margin trading?
by
CryptoAlphaStar
on 11/07/2019, 18:46:09 UTC
I think Binance has much better name and branding in the crypto sphere. They have more users and will be able to convert amateur spot traders into leverage traders.
With that, liquidity will increase and it will be a positive spiral up.
Post
Topic
Board Altcoin Discussion
Re: Nano is better than Bitcoin! Do you hold any?
by
CryptoAlphaStar
on 11/07/2019, 18:42:37 UTC
The market decides what is better. And so far, it has been Bitcoin. All the way along.
Nano is not a bad project. And there are many projects with features that are better than Bitcoin's. But none of the projects have the features that has been valued to 200B.
Post
Topic
Board Altcoin Discussion
Re: Ideal Time to Accumulate more Alts?
by
CryptoAlphaStar
on 11/07/2019, 18:39:17 UTC
I am holding a bunch of alts and I like a lot of them, but I think we don't have any clue if there will be any surge in alts. Nobody is talking about alts now. All eyes are on Bitcoin and Facebook's Libra. I won't risk with the alts in time when the BTC price is pumping every day.
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Topic
Board Altcoin Discussion
Re: Do you think advisors help new projects?
by
CryptoAlphaStar
on 11/07/2019, 18:37:56 UTC
I think most of the advisors do nothing. They are just getting paid, so their name and reputation can be used.
I think they do research the project that they agree to be associated with, but they rarely do any contribution.