Got some data on the buzz around $PRE nodes. First and foremost we ought to distinguish between (1) $strong node types and (2) node types where your initial investment is not locked up for an unknown duration or otherwise unable to be retrieved. $PRE is the second type 1/
If you believe in #Decentralized search and enjoy earning crypto $PRE when you search, then this project has some moral praise apart from making income, but I like monetized morality, so let's see how we do if we decide to run $PRE nodes. 2/
3/ Your $pre is not locked up when you run the nodes, so you can get it out or back whenever you like. I bought in when $PRE was at $0.24 a coin, and it is now at $0.35 a coin over the course of a few weeks. We know search on the internet is a proven model . . . 3/
4/ You can buy raspberry Pi(s) for running your nodes, cheap ones too b/c $Pre nodes have very little computing demand, but right now I am running my nodes through @Vultr, so our cost/income analysis will be in terms of using this server service.
5/ Each node you run will initially (and this speeds up over time) earn you 1 $Pre a day, and you need 2000 $PRE to stake for running your node. Before expenses, you are earning .05% a day on your node, or 1.5% monthly.
6/ Once you factor in the @Vultr expense, you are netting .79% a month, or 9.43% APR on your node. With this said, obviously there are many other ways to make excessively more income. Running the nodes makes sense if $PRE is also a long term hold for you . . .
7/ If it is a long term hold, assuming we continue w/ the upward price movement, running the nodes is a great way to generate #alpha and an accumulating mechanic. The project is a low risk in terms of scams or rugs, having a long history opening in January 2018.
8/ Although there has not been much price movement on $PRE since the beginning, both volume and activity has been up, about 1000%, the last 6 months. $PRE is listed on severals CEXs, which also supports its viability as a long term hold.

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More from @generatedegen

27 Dec
1/ Jumping into our 🐋 #rebase project fiscal review, Its been about 5 days since we last looked into these great new economic advancements in finance, but boy has the lay of the land changed in that short time, mostly due to mis-management w/ APY, bonds, and dilution.
2/ we have learned much in the past two months with the promulgation of #rebase projects, so much hope at the beginning with those million of APY % points, then turning into so much despair just a short few weeks later.
3/ I will be beginning to cover these in the future or now:, @Spicy_DAO , @dovefinance , @NovaDaoFinance. I have an inside man at @NovaDaoFinance so high hopes they do it right, being the first on the Cosmos blockchain soon.
Read 60 tweets
27 Dec
Someone asked me to start some analysis on #nodes since they are new hot topics in #crypto. I haven't really gotten into the underlying fiscal mechanics, but I will. A few thoughts now: 1/
2/ There is an equivocation on the term "nodes," which simply means this term "nodes" has more than 1 meaning but the term gets advanced as though "nodes" refers to the same thing. Easy to get deceived this way. $strong is the first mover; as such strong nodes set the board.
3/ $strong has made it very clear that their goal is to provide validation for the crypto-sphere by running a, more or less, programming team that has the skills, understanding, and capital to do so, & then provide VaaS (validation as a service) via nodes.
Read 14 tweets
17 Dec
1/ its been 5 days since we last reviewed the #rebase projects, and there are more than ever, but we will be adding coverage to @MetaverseProDAO and @nemesis_dao, user requested. Today, since dilution is really messing w/ these DAOs, we will emphasize which ones are correcting it
2/ @crypto market getting his hard, and many of the #rebase token projects are getting caught with their pants down, when these daos have been minting new coin way too fast and the demand let's up, we see sizable tanks in price, kind of a perfect storm unhappy currents meeting.
Read 82 tweets
16 Dec
1/ Let's do a deep dive discussion on dilution with some case studies and discuss some of the protocols that have handled dilution best. #rebase @OlympusDAO @Wonderland_fi @HectorDAO_HEC
2/ as a reminded, here is OHM's EIP-18 that set the gold standard for handling dilution and the rates that make sense for long term sustainability for price value for investors. Image
3/ Here are the salient take-aways to help your wallet and your goal of achieving generational wealth.
Read 28 tweets

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