Guys, Kenya is doing this right now !!!

The first payout (120ETH) will be made in 6 hours!

https://etherscan.io/address/0xC012A28a08c34dfF845D1e7851831D55bb165a61 #code  Smart contract available for review.

The smart contract is now available for your review: https://etherscan.io/address/0xC012A28a08c34dfF845D1e7851831D55bb165a61

Exactly, and users need to lock Vesta to provide liquidity.

Exactly, it encourages users to provide liquidity which is a good thing for the whole ecosystem.

The presale is not started yet. Will be around 20th August 2020

Hi mate, yes, please join us via: https://t.me/vtp_network. We are more than happy to chat with you.

Buyers /Sellers pay me after the transcation. I believe in my customers, we won't do business just once.

Yeah, you are right. So may we still need more historical records. Or people should trade in small amount at first time

Introduction:
Vesta Protocol is a liquidity passive income generation protocol which aims to improve the ROI for each liquidity maker.
It encourages liquidity makers to increase liquidity via UniSwap by locking their liquidity.

UniSwap Pros & Cons:

Pros:

• All transactions are conducted on smart contract, so no custodian required.
• Liquidity providers earn trading fees.
• 0 listing fees.

Cons:

• Less than 10% annual ROI for liquidity makers.
• Some scam projects have appeared.
• Many projects lack liquidity makers.

Vesta Protocol Liquidity Contribution Mechanism

• 5% ETH will be withdrawn from UniSwap Pool each day.
• Corresponding amount of $Vesta will be transferred to 0X000000 (To be updated) and burned.
• The ETH withdrawn from the UniSwap Pool is distributed to the addresses of the Top-50 liquidity contributors.

External Liquidity Algorithm

An automatic trading algorithm will permanently hold 8% of all $Vesta. This mechanism will work to automatically counteract adverse price swings.

• When the price becomes too high, $Vesta will be sold to buy ETH (Amount sold per day not to exceed 0.08% of total amount).
• When the price falls too low, $Vesta will be purchased from the market with ETH.

Expandability

A majority of ERC20 tokens currently trading face liquidity issues caused by low trading volumes. With Ethereum 2.0 on its way, a better liquidity solution
will be required. Vesta Protocol is an experiment that will generate passive income for providing trading liquidity. We can provide this solution to more
ERC20 tokens using a smart contract solution and acting as an valuable administrative liquidity partner.
Requirements for projects to utilize our smart contract for generating passive income from providing liquidity:

• A minimum of 1,000 token holders (by address).
• A minimum of 2,200 on-chain transactions.
• The project team must hold at least 10,000 $Vesta.
• Accept 3-5% ETH pool liquidity passive income mechanism

Vesta Presale
Vesta Protocol will provide UniSwap initial trading pair liquidity by way of a presale. This presale will be conducted exclusively via the presale address.

Token Issue
$Vesta is proof of community membership. $Vesta is created by Vesta Protocol, which does not belong to any team or individual, with all final decisions resting with the community.


Vesta Distribution Plan

• 40% Presale
• 20% UniSwap
• 8% External Liquidity Algorithm
• 25% Team (locked, released 0.25%/day)
• 7% Bounty

Any portion not distributed will be transferred to 0x000000 and the record of such transfer will be made publicly.

Presale Rules

• The presale will end after 18,000 blocks have been created. - The cap is set at 3,000 ETH
• The hard cap is set at 3,000 ETH
• The soft cap is set at 500 ETH
• Minimum:0.01ETH
• Maximum:100ETH + 0.1% * ETH presale amount - Once the first 500 ETH worth of $Vesta is sold in the presale, each subsequent 1 ETH contributed in the next 500 ETH receives 1,000 less $Vesta, and so on

Sold Price
------------------------------------------
0 ETH 1 ETH = 50,000 Vesta
500 ETH 1 ETH = 49,000 Vesta
1,000 ETH 1 ETH = 48,000 Vesta
1,500 ETH 1 ETH = 47,000 Vesta
2,000 ETH 1 ETH = 46,000 Vesta
2,500 ETH 1 ETH = 45,000 Vesta
3,000 ETH 1 ETH = 44,000 Vesta

Presale Stage

1. The price is set for the first phase of the presale, with all subsequent stages
using higher and higher prices, thereby rewarding more those who participate
earlier.
2. Presale will start at a predetermined block height.
3. Presale timer will be set to a certain block height and will be adjusted based on the ETH raised in the presale.
4. Presale timer will be set to 18,000 blocks.
5. For every 100 ETH raised, the presale timer will be extended by 2,400 blocks. Once the presale reaches 500 ETH sold, the presale timer will be extended by 2,400 blocks for each additional 500 ETH raised.
6. The presale ends once the countdown timer hits zero.
7. Once the presale has ended, $Vesta and ETH will be distributed based on the token distribution plan (Explained below), and the liquidity will be locked on UniSwap.
8. The first 20% of the presale $Vesta tokens will be distributed at 14,000 blocks after presale, the next 30% will be distributed at 21,600 blocks after presale, and the remaining 50% will be distributed at 28,800 blocks after presale.

UniSwap Price Setting
UNISWAP_Ether = 0.5 x Presale Amount
UNISWAP_Vesta = 0.3 x Presale Amount

ETH Distribution Plan
50% UniSwap
20% Team Expenses
12% Promotions
8% External Liquidity Algorithm
4% Licensing Fees(Team)
6% Exchange Listing Fees

Hi guys,

I want to protome my service to every OTC trader.

What is a multisign escrow service, and why would I use one?

Escrow services often act as 3rd party middleman in OTC trading to prevent transaction fraud. But this kind of escrow is based on the trust to the man who provide service.On blockchian we should solve problems by blockchain's way.Multisign escrow is a better way that people trading with large amount, it is using 2/3 multisign, buyers or sellers can't go back on their promises, and the middleman also has a private key of 1/3 signature . Normally, no middleman is required to carry out trust transactions. This is the charm of 2/3 multisign transactions. The role of middleman is only to provide credible transactions.


Why should I trust mutlisign escrow?

You don't need to trust the service based on historical records, which don't represent future performance. If you trust the blockchain security of bitcoin/Ethereum, then you really can trust the multisign escrow service, because this is based on open source script/program, and once completed, the transaction is irreversible.



Escrow Main Features:

-   0.2%fee
-   Fast, one transction will be finished in 1hour
-   Tursted , no one can touch the coins/tokens which is in the multisign address
-   fully decentralized

I hope you will like service and feel free to ask me anything! https://t.me/yarlungzangbo

What kind of limit? Do you mean how many requests per second?

 


eeos.io for sell

Accept btc/eth and mutlsig escrow

Love the first one, it is amazing bro

Anyway they are very helpful for promoting bitcoin to people

WE need to discuss about this thread, because it may effect people's long term hodling .

Seems different with other version minxer 

Recently, many reports are about Grayscale(GBTC), many people says that GBTC bought large amount of bitcoins, it means the fund in wallstreet are interested in Bitcoin now.
As i know, there are some big agencies in wallstreet are really interested in Bitcoin, like a16z, Goldman Sachs, JP morgan ..etc


But why GBTC are buying so many bitcoins? Seems the price of Bitcoin is too high for a new buyer.

This picture was posted on GBTC offical twitter, we can know that GBTC are HODLING about 360K+ Bitcoins now, that is a big number. But something you should know that not every customers are cash deposits.
According to the report GBTC own reports , in the second and third quarters of 2019, more than 70% of private placements were made by customers using their own BTC to replace GBTC shares, and less than 30% of them were cash deposits.
Seems some people are tring to do arbitrage transaction but not hold BTC.How did they do?


We know Genesis Capital have lots of cooperations with Grayscale, and Genesis is doing buisness for crypto lending. The picture shows that the loan amount in Genesis are growing well.

Let me imagine:
Compared with the advantages of holding real bitcoin and the needs of users, GBTC has maintained a large premium.If the agency borrows BTC to participate in the private placement of GBTC in the primary market and waiting for 6month then they sell bitcoin in the market, and then buy BTC to repay the loan, the premium of GBTC share over BTC is the profit part. As we know, compared with the premium of GBTC, the interest of BTC borrowed is much lower. Although there is a six-month waiting time for this operation, as long as is still have premium , that would be a nice return with 0 RISK.

Or, they can buy BTC from spot, get GBTC share from deposit, and open short hedging with futures. After GBTC was unlocked, they sell it to market the close the futures position , that would be a wonderful arbitraged trade.


So i think something are clearly, maybe agencies are more interested in Bitcoin than before, but it doesn't means they want to buy it now. Everyone want to buy at a low price.
We need to chill while lots of reports are rendering the story. Bitcoin will be the most strong assets, but there is a long long way to go

Good luck to every bitcoiner.

As i know deribit service was transfered to a new datacenter which is LONDON LD4
https://www.equinix.com/locations/europe-colocation/united-kingdom-colocation/london-data-centers/ld4/


That was shocked me,  few crypto exchanges are using physical machine, and the LONDON LD4 is the secure & financial one

 If you are trading on Deribit, you can find a super fast way to connect Deribit.
https://www.beeksfinancialcloud.com/partner-deribit/

Use the VPS which is offer by beeksfinancialcloud will make your connect very fast and stable.
If you are doing hedge trading or quantitative trading, it would be your best choice !