Thanks for your time Ten. As an XRP holder, this has been the one subject that has me licking my chops the most.
@canwetalkaboutit800510 ай бұрын
You’ve explained it quite well, thanks, because I was highly confused.
@raymondtorres768410 ай бұрын
Compounding interest, accumulative.😃 and that is why the SEC, which is corrupt to the core by the legacy banking system has been trying to stop this and keeping it from the people.
@kevjones7210 ай бұрын
Out of all other KZbinrs I’ve watched pertaining to this subject, you explained it the best bro, thanks!
@joengret10 ай бұрын
Yes, it can for the financial institutions. The rates we'll be paid have been estimated to be between 10-15% which is great.
@FollowMeThisIsTheWay10 ай бұрын
I like your videos..I have been dollar cost averaging for awhile. not rich but consistent with my purchases. I dropped starbucks and eating out.
@danking82307 ай бұрын
I like your style and easy to understand illustrations/examples to help gras the concepts. I am thinking your breakdown boils down to choosing liquidity pools where there is parity between the two assets and therein lies the key to harvesting consistent yoeld
@chocolatetobler771310 ай бұрын
Let's not forget that while you have XRP committed to the AMM providing liquidity, you would lose out on any price rises in your committed XRP. This is called Impermanent Loss. Your tokens are locked in the liquidity pool. Now if the fees you earn from providing the liquidity exceed or match the impermanent loss, you still make out ok. This is why I am not going to commit more than 25% of holdings and will also wait until XRP rises significantly before I consider participating. I'd be interested to hear specifics about the proposed liquidity "incentives" DS refers to. That might sweeten the pot.
@tenminainvesting154410 ай бұрын
Good comment!
@chocolatetobler771310 ай бұрын
@@tenminainvesting1544 great channel. Cornelius you are the best keep the hits coming!
@johndever517510 ай бұрын
Right now I delagate my songbird and flare on my decent cold storage wallet. Without having to take my flare songbird off my ledger. That's the way I hope the amm's will work. You can leave XRP on your ledger and stake it. That would be awesome. I also stake my cardono on my ledger cold storage wallet
@tcb635910 ай бұрын
Thanks!
@tenminainvesting154410 ай бұрын
Thank you so much 😊
@special376310 ай бұрын
Awesome awesome thank you
@satoshiblack104610 ай бұрын
Only thing I'm really interested in is side chain development, that would allow smart contracts to function on the xrpl. When it comes to offering up your assets for other to use so that you get a percentage is the security of your assets, not what return you can get, thousands of people focused on this and got bent o er when things went left, Anchor protocol, Terra Luna, Celsius, FTX etc etc, find out who guarantee your assets and exactly how much, off boarding and unlocking time etc, the higher the yield the higher the risk of getting rugpulled once the goose is fully fat, there is no such thing as free money & every gain you get in crypto is at the loss of someone else on the other side of the trade & is always the case when trading anything non tangible.
@joeypellitteri502710 ай бұрын
C your the best!
@cwp0110 ай бұрын
Respectfully, $100,000,000 i.e., the XRP & BRICS coins in your example, would be .001 percent of $100,000,000,000, not .01.
@tenminainvesting154410 ай бұрын
It’s 1 tenth of a percent. 1 tenth of a percent written as a decimal is .001 but written in % form it is .01 When I did the math I correctly multiplied 100 billion times .001 and you come to 100M
@mattveall66917 ай бұрын
The amount of money I would be giving away if I was on 700k a day wouldn’t. Know what to do with it all lool
@mattveall66917 ай бұрын
100 billion a low number you must have some deep pockets haha
@Rynorasaurus10 ай бұрын
I’m pretty sure David Schwartz said it was gonna be less than 5%
@gorana.3710 ай бұрын
I’ll take it.
@darrenturley848710 ай бұрын
Always love your content, keeping it simple really helps me to understand ❤
@cjanderson101110 ай бұрын
Keep these video’s coming
@Alexiscom110 ай бұрын
If Amm will pay that kind of return we will be in competition with Ripple whit thier 46 b xrp to deploy.
@Eternalxrp7 ай бұрын
They will only b able to add 1 billion per month at most. Did u really not know this? Or r u just over reacting
@JurisVahtanovs4 ай бұрын
Bro can you please tell me how often they pay out your amm rewards?
@alchemicalanarchist10 ай бұрын
I am ok with only 5% and I can live off the interest. I dont need to have 50% a year. That would be insane.
@mattveall66916 ай бұрын
700k a day is not enough lol
@bambam653710 ай бұрын
Man don’t send me through a roof with the 50%😆
@tenminainvesting154410 ай бұрын
😂😂
@АсланКасумов-э5ж10 ай бұрын
Relax bro relax TI s over November boom 💥
@iCryptoMac10 ай бұрын
First up baby
@dee395310 ай бұрын
Can you please do a walk thouw this is my retirement.. please show me how to setup!! Please my brother
@tenminainvesting154410 ай бұрын
I can’t answer set up questions yet as the technology is not available to us yet on xrpl
@mullera00710 ай бұрын
Terra Luna was similar and look hos that ended up omg
@TheSeaBreeze10 ай бұрын
How about For people who have far less than like billons is there something that we can still take part in part in?
@tenminainvesting154410 ай бұрын
You don’t need billions of xrp to participate. It’s based on whatever your percentage of the pool is no matter how low.
@TheSeaBreeze10 ай бұрын
@@tenminainvesting1544 ok ty so much! ❤️
@1444444rg10 ай бұрын
All I got to put in is 100 million? How bout I put 1 million that's more reasonable
@tenminainvesting154410 ай бұрын
You can do the math with your own plug in numbers… this was just an example
@JuanCatalan-sl6tsАй бұрын
What’s going on with this guy did he block me
@ileriojekunle309010 ай бұрын
Is the amm gonna burn youre xrp?
@brandonlofft488610 ай бұрын
That’s a great question
@joengret10 ай бұрын
All XRP is deflationary and has a burn rate, what you are thinking about is impermanent loss. And yes it's a risk