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Baking Bad

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  1. A new DeFi project has been released recently: Juster.fi It is a betting platform based on Tezos, which allows to place bets for a cryptocurrency price prediction. It using the same principles as the binary options, but in a strict time interval determined by a smart contract. At the moment there are only BTC, ETC and Tezos, more currencies are expected to add. Each event goes through three phases: Collecting pools, time when users can make bets. A potential profit varies depending on the ratio. The measurement period: start price is fixed and Juster begins to track the price dynamics according to Coinbase Harbinger oracle The winning bets can be withdrawn after the period ends, or will be provided automatically after some delay What's special: there is an option to provide liquidity for betting events, which may alternate the common DeFi projects. You can add your assets to the liquidity pool for each event. It will give you a share of the event fees and you will gain\lose a share of all betting losses\winnings. In other words, you can prove yourself as a marketmaker. What’s the plan? There will be an extension of the event list with more currencies and a variety of currencies. Also there is a plan to list internal tokens. Why Tezos? Drastically low gas fees. Tezos is a modern blockchain renown by a plenty of NFT projects, due to a small minting costs. Project is developed by a Baking Bad team, a prominent Tezos contributor. Links: GitHub, Twitter, Discord, Docs
  2. Inspecting Tezos decentralization: continents, countries, regions, hosting providers, public nodes, and network topology When it comes to arguing PoS based blockchain network decentralization they usually put coins distribution on the first place saying: "look, Top 5 entities own more than half of the stake". More advanced also highlight attacks on the voting mechanism: how many entities can block or force a proposal (which is actually a changing value). However it's not that straightforward, because once you are in a Proof-of-Stake network it's not just rewards but also Value at Risk. At the end of the day it's risk/reward ratio that matters when it comes to economic incentives and it's only if we assume all agents are rational! Read the full research and let's discuss it!
  3. In addition, plan to add Hardware wallet (Ledger) support!
  4. Yep, Tezos is safe coin with great PoS! Delegation in Tezos is absolutely safe! Your funds are not locked or frozen and do not move anywhere. You can spend them at any time and without any delay. Just keep in mind, you only delegate your rights, that’s it.
  5. Atomex announced the Web version and Linux app. MacOS and iOS are already preparing for release. Check it out on the official website: https://atomex.me
  6. Exchanges are not the best place for Tezos Staking. Even though I like Kraken, I still withdraw coins to my Atomex wallet and delegate them directly to the delegation service. it's a Blockchain!
  7. Лучший коин для стейкинга это Тезос - средства при делегировании не подвергаются слешингу и другим рискам, все безопасно. Доходность низкая но зато средства ликвидны и всегда могут быть выведены на биржу или еще куда. если интересно можно почитать здесь особенности стейкинга именно Тезоса. У кошельков много, которые поддерживают стейкинг. Есть например Atomex, с помощью которого можно делегировать нескольким делегатам, и еще и со встроенным DEX на Атомарных свопах.
  8. I'm sorry the post isn't clear. I wanted to report the news that a large number of tokens have been produced on Tezos Blockchain, which are bound to Bitcoin. Given that it was announced only recently, the amount is very large. I don't know why that was necessary. But probably expect DeFi products, because that token is where it should be used. As it happens on the Ethereum blockchain - there is also wBTC, but the volume there is only three times more. Which is weird.
  9. Around 357 tzBTC were minted on Tezos blockchain! Look at the Tezos Explorer Very big volume of tokens have been produced on the Tezos Blockchain, which are bound to Bitcoin. Given that it was announced only recently, the amount is very large. I don't know why that was necessary. But probably expect DeFi products, because tzBTC is where it should be used. As it happens on the Ethereum blockchain - there is also wBTC, but the volume there is only three times more. Which is weird.
  10. Video review on How to use Tezos Block Explorers such as https://tzkt.io Created by Baking Bad team
  11. If you are interesting in Tezos staking, the best place for beginning - https://baking-bad.org Here you can find: full list of Tezos validators (bakers) guide for beginners: What's tezos staking guides for beginners: How to choose tezos baker Bakers metrics Related with the best Tezos Explorer
  12. If you're new in Tezos, check out this article or watch a video review of what the Tezos staking process is and when you'll be receiving rewards.
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