XSN: Lightning DEX run by masternodes, 793x to match UNI
From Stakenet:
"XSN is the first blockchain with Masternodes to ever be Lightning Network ready. This means XSN has instant, virtually feeless, and unlimited transactions per second, making it more valuable than most other cryptocurrencies whose only use-case is speed or scalability. It is also the first, next to Bitcoin and Litecoin, to ever perform Lightning Swaps."
So, how is this any different from other DEX's/coins using the same buzzwords?
> Masternodes that actually provide value by running the DEX (and more)
> Lightning swaps: once your channel is open, high-frequency trading with fees a fraction of what other DEX's/CEX's charge
> Connext integration enables BTC/ETH crosschain swaps without wrapping/rollups
> Accessing DEX/trading done through XSN's multicurrency light wallet, or on the web-based DEX (Your keys, your coins)
MASTERNODE INCOME: Hosting the DEX
Owning a masternode will make users effectively partial owners of a cutting edge business. In addition to block rewards, MN's will receive orderbook hosting rewards for processing the DEX's transactions.
> Current XSN price: $0.16
> Current Masternode cost: $2,400
When XSN reaches #2 DEX SUSHISWAP's marketcap (2.07b as of 10/7/21) each XSN Masternode will:
> Be worth $255,765
> Produce $7,500 monthly ($2,500 block / $5,000 orderbook hosting)
> Assuming 250m 24hr DEX volume
When XSN reaches #1 DEX UNI's marketcap (13.6b as of 10/2/21) each XSN Masternode will:
> Be worth $1,665,000
> Produce $25,500 monthly ($16,000 block / $9,500 orderbook hosting)
> Assuming 890m 24hr DEX volume
XSN is delivering fully decentralized P2P Layer 2 trades. Masternode owners are the exchange owners.
"XSN is the first blockchain with Masternodes to ever be Lightning Network ready. This means XSN has instant, virtually feeless, and unlimited transactions per second, making it more valuable than most other cryptocurrencies whose only use-case is speed or scalability. It is also the first, next to Bitcoin and Litecoin, to ever perform Lightning Swaps."
So, how is this any different from other DEX's/coins using the same buzzwords?
> Masternodes that actually provide value by running the DEX (and more)
> Lightning swaps: once your channel is open, high-frequency trading with fees a fraction of what other DEX's/CEX's charge
> Connext integration enables BTC/ETH crosschain swaps without wrapping/rollups
> Accessing DEX/trading done through XSN's multicurrency light wallet, or on the web-based DEX (Your keys, your coins)
MASTERNODE INCOME: Hosting the DEX
Owning a masternode will make users effectively partial owners of a cutting edge business. In addition to block rewards, MN's will receive orderbook hosting rewards for processing the DEX's transactions.
> Current XSN price: $0.16
> Current Masternode cost: $2,400
When XSN reaches #2 DEX SUSHISWAP's marketcap (2.07b as of 10/7/21) each XSN Masternode will:
> Be worth $255,765
> Produce $7,500 monthly ($2,500 block / $5,000 orderbook hosting)
> Assuming 250m 24hr DEX volume
When XSN reaches #1 DEX UNI's marketcap (13.6b as of 10/2/21) each XSN Masternode will:
> Be worth $1,665,000
> Produce $25,500 monthly ($16,000 block / $9,500 orderbook hosting)
> Assuming 890m 24hr DEX volume
XSN is delivering fully decentralized P2P Layer 2 trades. Masternode owners are the exchange owners.
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