This is a phenomenal opportunity to get in at the beginning of a new DeFi project that could pay huge returns for early movers. The below video is a 90 minute explainer webinar, and below that is my short version showing you how to get in right now.
It’s really worth taking the time to watch the webinar to get fully up to speed with how this works.
As ever, I’ll be running a review on this over the coming months but I’d advise having a look at the explainer video sooner rather than later if this sort of thing is of interest to you, simply because there is a very real early mover advantage, which is explained in the video.
As ever, anything to do with crypto, especially new projects, is high risk so if you decide to have a punt before I’ve completed my review then go in with eyes open.
As this is a new coin the risk is that after the initial excitement, everyone dumps it and it falls to zero, so only ever play with funds you are prepared to lose. That said, if you watch the video, you’ll see this has a lot of upside potential and enough for me to take a punt on it.
Is there a minimum amount you have to invest in this, and what is the minimum you recommend to make it worthwhile?
I don’t think so, and that’s entirely up to you and what you consider to be a worthwhile amount.
Am I right in saying; you will make 4% weekly compound interest when staking the coin
which is paid in NRGY?
In week 4 it was something like 60% but then it reduces weekly down to 4%. It can be worked out from the minting schedule if anyone really wants to know. Early bird advantage.
Do you know when is the best time to to stake. I have my Eth in the matamask wallet but the gas fees are at $500 last time I checked!…
You can keep an eye on it here: https://ethereumprice.org/gas/
Hi Graham,
I have watch the video on this and I am really interested but have a couple of questions for you :
1, Why do you think that no one can have access to our money once it is invested. Is it do to the fact that we are the only ones that have access to our account detail. If that’s the case how do they pool the money together to generate the profits or have I missed the concept.
2. This is more a PM request but not sure how to get hold of you directly.
1. By staking we are providing liquidity on the NRGY/USDC market, as explained in the video, so we are putting in both NRGY and USDC and the rewards come from the new coins minted as per the minting schedule. Only we can stake and unstake our coins on the blockchain, nobody else has access to them.
2. You can contact me at [email protected]cash-master.com
3. This is still a risk. The original developers that bought all their NRGY at $2 could simply decide to sell the lot for a massive profit and crash the price.
The explainer video says that there are three fees when you first enter. One of the fees is the community fee which he says is 10 dollars but on the page itself it says that the community builder fee is 25% which wouldn’t be fixed at 10 dollars. Plus is the 25% community builder fee already taken off the figure you see on the site do you know?
No, the $10 fee is for enabling the smart contract. The community fee is 25% of whatever you’re staking which is automatically deducted when you stake.
Thanks for that. So the amount you see already has the 25% taken off. It’s just that the video in the middle says there will be three fees when signing up which isn’t correct. He says a fee of around 10 dollars for the Market Maker Contract (one-off fee), a fee of around 10 dollars for setting up the Community Builder Smart contract and a fee for the gas. However on top of this you pay 25% of your stake to the Community Builder. The only other fee I can see if when you withdraw. All good I just wanted to be clear because there are more than 3 fees.
Hi Graham,
I signed up after viewing your video just over a week ago and absolutely loving the results so far.
Any chance i could use a small snippet of your video where you explain how to connect to MetaMask please?
Hi Mark,
Sure but please let me see the video before you publish it.
Thanks