chi ๐ธ ๐ ๏ธ ๐ป
@am_samsonchi
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VFX Artist, Digital Compositor, Animator. Fullstack web/app developer
Inside Jupiter
Joined October 2023
@FaDex000 @BBFNigeria @BlueberryFunded @DukeDarls @JeremyofCrypto @BeaTrades_ Trading taught me resilience. This opportunity would elevate the journey. @am_samsonchi
@BigMuanya
@cencyy_ A firm I would gladly recommend ๐ Done โ
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And of course every big project started off as a bad idea. ๐ฅ
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๐ง Why Zero Liquidity Matters Liquidity pools can be manipulated. Whales can dump. ZLB (Zero Liquidity Blockchain) means price = activity.When the community trades,the value grows. When people people hold too long it cools
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๐ The Oracle The Oracle is like the heartbeat of the blockchain. It: Mints the original supply Validates each transaction Monitors unique cryptographic IDs of every coin Destroys duplicates (melts them) if any tampering is detected Pure, tamper-proof, on-chain logic.
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The Formula (simplified): price_change = base_price * (active_txn / total_supply) More active transactions โ price increases Fewer active transactions โ price decreases
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But what if trading slows down? When tokens sit idle (no transfers), the system gradually reduces price, called decay. So if 80% of tokens arenโt moving and only 20% are active, the price will slowly fall until trading picks up again. This keeps the economy alive and fair.
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Thenโฆ Mr. A sells his 1 YCX to Mr. C at $2 โ another transaction. Price increases again โ now $2.5 per YCX Next, Mr. B buys from Mr. C at $2.5 โ price hits $3 per YCX Every transaction pushes the value upward in proportion to trade activity.
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๐ก Example: At launch, 1 YCX = $1 Mr. A buys 1 YCX from the Oracle at $1 Mr. B buys another at $1 Now 2 transactions have happened โ demand โ The price automatically increases to $2 per YCX
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Hereโs the idea ๐ The blockchain starts with a fixed number of coins minted by the Oracle. Letโs say 1,000,000 YCX. Thereโs no liquidity pool. Every transaction between users directly affects price.
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What if a coin didnโt need liquidity pools, market makers, or whales, but still had real value? Thatโs what we're building with Yecex (YCX) the token that powers our Yieldable Trading platform. Itโs a Zero Liquidity Blockchain, value created only by peer-to-peer activity.
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While others are busy building their CGPA, I'm building something else so that my level mates can do their 400l IT in my company
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Hi, For a while now, Iโve just been trying to find my rhythm again. Between exams, life, and everything in between.. I kinda lost that fire/spark for a bit.. I've always known the path to move to fufil my purpose in life, but I've been nonchalant about it.. But I feel I'm back
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We are still building ๐ฅ๐ฅ
Building DeFi in public means showing the wins and the bugs. Crayfish our first onchain commodity is live on the YieldX testnet with 70K $YCX liquidity. Still working on live price syncs, but every test gets us closer. Stay turned.. #BuildingInPublic #DeFi
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Building DeFi in public means showing the wins and the bugs. Crayfish our first onchain commodity is live on the YieldX testnet with 70K $YCX liquidity. Still working on live price syncs, but every test gets us closer. Stay turned.. #BuildingInPublic #DeFi
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Why are schools still teaching young generations Java?
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Tomorrow, Iโll explain exactly how trading works on YieldX, step by step, so youโll know what to expect before launch. $YCX #YieldX
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When you sign up, you get 1,000 YCX (demo credits). ๐ You use it to trade on the platform. ๐ Your trading profits are what youโll actually claim when we launch.
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Weโre launching YCX at a fixed price of $0.46. But hereโs the twist: you donโt have to wait till launch to start earning. ๐
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What is YCX? YCX is the lifeblood of the YieldX ecosystem. Itโs used for trading It powers liquidity pools It rewards early adopters And itโs your ticket to becoming a "Yield Holder"
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