😎 Have a nice start to the week everyone from Dash Italia!
🇮🇹 How to collateralize Dash? A detailed guide
👀 The Video is in English but easy to understand with automatic subtitles also in Italian!
👇 For more information on how to participate in a Masternode with Trustless mode on Crowdnode, you can consult the page at the link in the first comment
@dashpay #dash $DASH
#masternode #dao #rewards #mining #staking
Why is crowdnode better than liquidity pools?
Crowdnode works onchain, so what it does is activate the Masternodes using the funds that each user makes available, it retains a share of the masternode compensations for its service and divides the rest among the users who participate (simplified explanation obviously). Furthermore, it now also offers the possibility of participating in the activation of a masternode in a trustless form:
https://knowledge.crowdnode.io/en/collections/3620166-crowdnode-trustless
Liquidity pools instead have different and more complex compensation mechanisms. You can find more information about this in the Maya protocol documentation for example:
https://docs.mayaprotocol.com/white-paper/readme-1-1/introduction
Dash in hive-engine, when?
Dash is already in Hive with Inleo and you can earn rewards by participating in pools on Maya protocol 🤓
https://www.mayascan.org/pools/DASH.DASH
So I contribute my DASH to Maya liquidity pool!? Wow. I need to read more. The barrier for entry seems steep, but worth it. Looks like I want to run a validator node. That would be awesome.
Yes, It is a complex protocol.
If you want to learn more or ask questions, I would suggest you join the @dashpay discord that created the #mayaprotocol section to discuss it
https://discord.gg/eFVPcB8p
Or directly in the Maya protocol discord
https://discord.gg/6aDFrgpB
But I want to exchange hive blockchain between hive and dash.
Can I exchange Hive for Dash on Maya?
You can do it on leodex.io
This is going to change my life.
I'm very pleased 💙
https://knowledge.crowdnode.io/en/collections/3620166-crowdnode-trustless
Have a wonderful week.