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DXBPay.cc. Know how the DXB platform alleviates the problem of impermanent loss by introducing smart contracts with a 7% fee on all transactions.<br><br>Join the Revolutionary DXB Token. No farming, no staking or no deposit. Simply hold. Join Now. DXBPay.cc.
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Is Staking 2.0 here yet? Is it better, or a disaster? The Ethereum Foundation has brought about Ethereum 2.0 to enhance the speed, security, efficiency, and scalability of the network to process more transactions and bridge more applications. Ethereum 2.0 is based on the Proof-of-Stake (PoS) consensus mechanism that is more energy-efficient and provides security for blockchain protocols.
This PoS-based blockchain uses Staking 2.0 to select validators to produce or validate new blocks on the blockchain. In Staking 2.0, validators propose, verify and vouch for the validity of blocks in exchange for financial rewards.
Each validator is required to stake 32 ETH as collateral. Validators with less than this amount need to lend their tokens to a pool by a process called delegation. However, the problem with staking remains the same; impermanent loss.
The DXB smart contract solution The DXB smart contract applies a 7% fee on all transactions. 2% is reserved for liquidity generation in the liquidity pool. 2.5% is sent to a burn wallet to be removed from circulating supply forever.
2.5% from the fee is exchanged into BNB (native coin of the Binance Chain), where 70% is distributed to the original holders. The amount of BNB in a user's wallet increases as more transactions occur. The reward for staking DXB is set in BNB, unlike other tokens.
Cons of Staking 2.0 A validator is penalized by the algorithm for acting outside the interests of the network like in “slashing'' when he accidentally or loses connection. He begins to lose the stake of 32 ETH and if it falls below 16 ETH, he is removed from the network entirely. Value tied up in stake loses value significantly as it takes time to withdraw funds. Any gains made through staking may not recover losses from a market crash.
The benefit of DXB token against staking The DXB token represents an anti-farming, anti-staking platform with its smart contract platform that provides the best use case in investing and holding. As the price of DXB grows due to lower circulating supply in both DXB and BNB with ongoing transactions, holders get rewarded significantly. The token has anti-whale protection enabled, rejecting any transaction worth more than 1% of the liquidity pool.
Conclusion Staking 2.0 caters best to those that genuinely want to support the network. For others, its current rewards are appealing, albeit with a few downsides. However, mechanisms, and penalties such as slashing, Staking 2.0 takes a lot more away than it gives. due to market uncertainties, unfair rewarding
DXB, the world's first smart contract platform, lays the path for future scalability in this scenario. The rewards are given in a different token to maintain a price floor balance and increase the value of the DXB token. The platform, compared to the inadequacies of Staking 2.0, presents a smart and charitable ecosystem that provides investors an active stake in the platform's success.
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