Saitama Inu (SAITAMA) Discussion Thread

mannyrs13

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They came back for another rug pull???

Might be a different team. On coingecko the chart only starts today. Nothing came up when I searched for squid game. They must've deleted that other coin. This one on bsc chain. Don't remember if the scam one was also. Doubt this new one worth it tho but I didn't bother to look.
 

The_Unchosen_One

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Might be a different team. On coingecko the chart only starts today. Nothing came up when I searched for squid game. They must've deleted that other coin. This one on bsc chain. Don't remember if the scam one was also. Doubt this new one worth it tho but I didn't bother to look.
I wouldn't touch it regardless :whoa:
 

mannyrs13

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what does "staking" mean?

Earning interest for your coins. Some coins have it. It's called POS aka proof of stake. Proof of Work is another one. Bitcoin is POW cuz people mine the coins in order to add more. ETH is transitioning to POS. You can stake eth on CB for like 5% interest. A couple of the exchanges have staking as well as some of the wallets. Pros and cons to both. I'll use Atom as an example since I'm invested. I have some on coinbase that's staking at 5%. Can withdraw at any time. Then I have some staking on keplr wallet which has a 21 day unlock period if I want to unstake but pays up to 9% and gives me access to air drops and being able to vote on stuff for the project when they create new proposals. So its a longer waiting period to withdraw coins but has made me more money in the long run.

For hex like I was discussing, they have where you can set a certain time length to stake so I think I put like 3 years. So on that date I'll be able to pull out my coins and see how they're doing. I sent my Matic to stake last night and have my GRT staking on their website also. It's a set it and forget it thing that can earn free coins. Kind of like how saitama gives out rewards.
 
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Earning interest for your coins. Some coins have it. It's called POS aka proof of stake. Proof of Work is another one. Bitcoin is POW cuz people mine the coins in order to add more. ETH is transitioning to POS. You can stake eth on CB for like 5% interest. A couple of the exchanges have staking as well as some of the wallets. Pros and cons to both. I'll use Atom as an example since I'm invested. I have some on coinbase that's staking at 5%. Can withdraw at any time. Then I have some staking on keplr wallet which has a 21 day unlock period if I want to unstake but pays up to 9% and gives me access to air drops and being able to vote on stuff for the project when they create new proposals. So its a longer waiting period to withdraw coins but has made me more money in the long run.

For hex like I was discussing, they have where you can set a certain time length to stake so I think I put like 3 years. So on that date I'll be able to pull out my coins and see how they're doing. I sent my Matic to stake last night and have my GRT staking on their website also. It's a set it and forget it thing that can earn free coins. Kind of like how saitama gives out rewards.




So specifically for HEX, what happens if within that 3 year period, the coin tanks? Is there anything you can do? Or is that just a risk that someone has to be willing to take?
 

Barlow

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Starting not to care for these “big things coming”, wanna be underdog ass coins/stocks :unimpressed: I might just buy the most random shyt I can now.


Stupid ass party :unimpressed:
 
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