Saitama Inu (SAITAMA) Discussion Thread

Shade

Shade

King of Wakanda.
Joined
May 2, 2012
Messages
1,500
Reputation
330
Daps
5,473
Reppin
Wakanda
Summary I copied from the telegram:

Summary of AMA:

-Logo was independently designed at creation - no copyright issues
-Lilly Finance will be powered by Saitama through SaitaMask but it's still it's own entity/LLC, only available on SaitaMask, available at launch. This is the start of the branch into the medical field
-Everything is being done by the book so no shortcuts we have to be patient
-SaitaMask development is complete for v1, only waiting for the completion of the Certik Audit
-5% *stable* staking, able to pull out at any time
-Dynamic staking - 2% 30 days, 4% 60 days, 6% 180 days
-Staking is in addition to the 2% reflections
-Staking % is gained after the staking time is reached. Max is working on a visual breakdown to better explain
-SaitaSafe - Developing the cold wallet from scratch, process could take 6mo-1yr. Current holdback is the global chip shortage. Prototype should be available for demonstration hopefully in a couple months
-Saitama token has been audited, current audit is for SaitaMask, Max has been in talks with them about changing the title of the audit page to SaitaMask instead of Saitama Token to reduce fud
-SaitaMask will have 2FA and 3FA
-Exchange listing is a process, especially for these Tier-1 exchanges. Larger exchanges take everything through a legal team.
-SaitaGaming, SaitaSocial, and SaitaEdu will integrated with the SaitaCity metaverse. Concerts. Museums. Everything is being created from the ground up.
-More planned for NYE in NYC
-Acknowledged event wasn't portrayed well, using it as a learning experience. It was intended to be a celebration
-Goal for blockchain is to not fork off another blockchain but develop a completely independent one. Will have its own dev team
-Payment integration: Goal is to be able to deposit/withdraw fiat in SaitaMask but also use the fiat for "tap to pay" options in retail stores like Apple Pay
-No intentions on taking Saitama LLC public
-#1 priority right now is the successful release of SaitaMask
 
Golayitdown

Golayitdown

Veteran
Joined
Apr 30, 2012
Messages
24,428
Reputation
4,866
Daps
82,321
Neo The Resurrected ONE said:
But on its face with what yall know about bitmart and about L Bank, which would you go with? Or would you just thug it out with the uniswap gas fees?

:lupe:


That's where I'm at right now. I'm going to get some TZKI. I'm just stuck wondering whats the best way to get it.









Sounds like we're in the same boat, bro :salute:


I'm trying to get in too. If you find a work around or see the gas fees drop to 20 bucks, @ a breh :feedme:


Well whatever you decide to do period on this, @ a breh :feedme:
Click to expand...

If you’re talking about immediate withdrawals, Bitmart is better than LBank because they typically charge less of your stash to withdraw AND they have lower minimum withdrawal limits.

The only real benefit of LBank is they pay daily reflections so you can still get some of the benefit of holding in a wallet on the exchange if you don’t have enough to withdraw. The cost is that they sometimes charge a little more for the coins you buy and the minimum needed to withdraw are usually higher than Bitmart. The only thing that’s good (to me) is they tell you the flat % they’re going to take for your withdrawal upfront so you don’t have to guess.

Like I said before you can see how much both charge to buy and withdraw by just downloading the app. Do your own calculations to see which one is better for you.
 
Neo. The Only. The One.

Neo. The Only. The One.

THE ONE
Joined
Apr 3, 2014
Messages
71,910
Reputation
17,054
Daps
305,996
Golayitdown said:
If you’re talking about immediate withdrawals, Bitmart is better than LBank because they typically charge less of your stash to withdraw AND they have lower minimum withdrawal limits.

The only real benefit of LBank is they pay daily reflections so you can still get some of the benefit of holding in a wallet on the exchange if you don’t have enough to withdraw. The cost is that they sometimes charge a little more for the coins you buy and the minimum needed to withdraw are usually higher than Bitmart. The only thing that’s good (to me) is they tell you the flat % they’re going to take for your withdrawal upfront so you don’t have to guess.

Like I said before you can see how much both charge to buy and withdraw by just downloading the app. Do your own calculations to see which one is better for you.
Click to expand...




Gotcha. I'm going to look at both and compare with the gas fees on uniswap and make a decision.

I hope it doesn't run before I make up my mind :lupe:
 
CJ

CJ

Your objective semi-troll
Joined
May 9, 2012
Messages
24,944
Reputation
2,385
Daps
60,036
Reppin
6ix
Can someone clarify for me the stable staking at 5%?

Why would you do dynamic staking at 2%/30 day, 4%/60 day with the restriction of selling, when you can just do the 5% stable and have access to sell? Must be some sort of high penalty/fee on the stable I assume.
 
S

satireprod

Superstar
Joined
Jul 5, 2014
Messages
6,677
Reputation
660
Daps
15,759
CJ said:
Can someone clarify for me the stable staking at 5%?

Why would you do dynamic staking at 2%/30 day, 4%/60 day with the restriction of selling, when you can just do the 5% stable and have access to sell? Must be some sort of high penalty/fee on the stable I assume.
Click to expand...


I might be wrong but the staking is an extra incentive to get people not to sell for an extended amount of time....as in the stable +staking so instead of just 5% you're getting an extra 6% (plus the 2% reflection) That's more than double the reflections/percentage just by holding on...:hubie:
 
I Really Mean It

I Really Mean It

Veteran
Joined
Oct 22, 2017
Messages
34,006
Reputation
2,083
Daps
166,227
C9819-B88-B682-4-A71-8-EA2-16-DDD64-DC3-BC.jpg
 
You must log in or register to reply here.
Top