@tt-dogg I've read BTS posts where they talk about earning interest while holding BTS, do you know if that's still the case? Because I don't find anything about it.. There was 1 guy somewhere on a forum that said they removed it. If that's the case, do you know why?
Not sure about interest. But there are different ppl that are working on and developing trading bots for the DEX. They will give them away for free or at very low cost. The benefits are 2 fold. It will increase liquidity and volume in the dex. And if you use the bot you would get a source of passive income. Good luck. FYI. Hero coin is a MPA that gains 5% interest a year. If you hold a lot of bitUSD for a long period of time. It loses purchasing power. but hero coin doesnt
The idea behind HERO on bitshares is that you can earn 5%APR interest on your holdings in hero. The price of hero is pegged to what the price of a dollar would be before the US gov severed the dollar's link to gold so about ~163, however, the market for heros fluctuates up and down at the moment because their isn't enough liquidity. Once a critical mass start saving in HERO, the whole world can have savings account that posts 5%APR http://www.sovereignhero.com/
Dank...let us know if you have any other questions...it took me a little bit to get comfortable with the UI but now it's smooth sailing...we are here to help...Bitshares is going to be massive
This is an example of how to short the hero, but you can do the exact same thing with bitUSD
https://steemit.com/bitshares/@billbutler/borrow-hero-and-short-it
Search how to do collaterize bts for a smartcoin. Then you can figure out the rest good luck.
@tt-dogg I've read BTS posts where they talk about earning interest while holding BTS, do you know if that's still the case? Because I don't find anything about it.. There was 1 guy somewhere on a forum that said they removed it. If that's the case, do you know why?
Not sure about interest. But there are different ppl that are working on and developing trading bots for the DEX. They will give them away for free or at very low cost. The benefits are 2 fold. It will increase liquidity and volume in the dex. And if you use the bot you would get a source of passive income. Good luck. FYI. Hero coin is a MPA that gains 5% interest a year. If you hold a lot of bitUSD for a long period of time. It loses purchasing power. but hero coin doesnt
Thanks for your insight @tt-dogg.
I was not aware of this...I will have to look into it.
There you go again, playing possum....acting like you dont know what is going on yet a fountain of wisdom.
What do I know. I’m a high school dropout and a hobo. Lol
Never trust a stranger on the internet. Trust but verify. Is key.
dropout are the richest people on earth.
Statiscally not usually. Lmao.
The idea behind HERO on bitshares is that you can earn 5%APR interest on your holdings in hero. The price of hero is pegged to what the price of a dollar would be before the US gov severed the dollar's link to gold so about ~163, however, the market for heros fluctuates up and down at the moment because their isn't enough liquidity. Once a critical mass start saving in HERO, the whole world can have savings account that posts 5%APR
http://www.sovereignhero.com/
There's a channel on YouTube called goBitshares. It has very good tutorials on how to borrow. Check it out
Thanks
Dank...let us know if you have any other questions...it took me a little bit to get comfortable with the UI but now it's smooth sailing...we are here to help...Bitshares is going to be massive
The UI of what? I was getting it from an exchange. Didn't check out the YouTube yet
The UI of the Bitshares exchange at Bitshares.org...sorry may have misunderstood..you may already be using the Bitshares exchange
Oh ok, I was using a different exchange, but got myself some bitshares recently :)