Lightning DEX release - XSN Fomomode activated!

6 de dez. de 2021On 10th December, Stakenet XSN will release the first Lightning and Crosschain L3 DEX. The Project is developing since 2018 the first DEX to trade native Cryptoasssets on the Lightning Network and Connext network (in future also with Arbitrum). In 2022 the XSN Chain will swap to the Hydrachain, where Hydra masternode owners running clients for the decentralized infrastructure (Nodes, LND Clients...). Users can earn the fees by providing liquidity and running Masternodes!

The current DEX's are all running on L1 Blockchains but this is not a scaleable solution and returns in a lot of fees for the trader. On the Stakenet DEX trader can rent or Open Lightning and connext channels to trade instant with small fees on an orderbook. There are a lot of things and features to talk about, DYOR! stakenet.info stakenet.io

XSN has still a small marketcap!

The chart Idea with the elliot wave is just an opinion, I am not a professional and this is no financial advice!

11 de dez. de 2021

Comentário

Looks like a sell the news Event for the Stakenet DEX Beta Release, the price founds support above the red line, it's also the fib ~0.68 retracement from november low to .36 and the RSI is cooling down to the support line. So we might see a sideways move in an accumulation zone above .22.

On stakenet.io/dex the client is available now for Windows MacOS and Linux.
Stakenet DEX has a still a long run to go for massadoption, but I am confident that this makes lightning easy to use and helps for mass adoption. It's a matter of time when news magazines report this technological breakthrough.
The DEX client is working, but there are still some bugs, be patient and backup your seeds and Channels!