I have seen some explanation about the mess last night

Question

I have seen some explanation about the mess last night

, let me clarify few points from the victims side :
1- There was nothing wrong with Holoride team and their product as they were selling in Maiar exchange. The only problem with them is selecting such a poor platform as their first exchange which lost their trust .
2- It was totally Maiar exchange fault which intentionally prepared very poor to not give any control while buying to us. Everything was unknowin and in the control of the exchange. Why this exchange do not allow buyers to put the target price , stop limit and stop loss lime many other exchanges during the swap ??????
3- people were not excited so price pump , people were frustrated and doing retry and each time the nice exchange was eating our money without we know it .
4- in general I give score of 90 to Holoride and only 5 to Miara exchange for their extremely intentional poor performance .
5- I will never trade anything in this exchange unless they show they are not scamer anymore .

#blockchain #cryptocurrency #elrond #english

0

17.12.2021

6 ответов

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Marc

And your point is?

0

17.12.2021

Helix 🧬 Injective protocol

Mate you had option of setting a slipage 1-5% . Instead of putting high slipage . By the way it’s your own fault , don’t blame the exchange. Moron

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17.12.2021

Alex V

Helix 🧬 Injective protocol
Mate you had option of setting a slipage 1-5% . In...

It's about maths and patiens. I swapped with 0.5% slipage

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17.12.2021

SKM Автор вопроса

Congratulations on your earn . But remember it was not a trade it was a scam which you steal money from us .

0

17.12.2021

Ni Hi ⚡️🐬🔱

SKM
Congratulations on your earn . But remember it was...

This is from the Holoride team. No one scammed you. You scammed yourself by not DYOR prior to launch. Awesome result holoriders! We’re over the moon to have so many new faces joining our ranks! Here’s a quick explainer on some questions we’ve received from the community since listing on the Maiar DEX: 1) Slippage TL;DR - high slippage means you accept to buy at a higher price than what is currently quoted. For example, you may try to buy 100 RIDE with X amount of EGLD, but with 10% slippage, you accept to buy 90 RIDE with X amount of EGLD. Please refer to the following link for more info on slippage - https://coinmarketcap.com/alexandria/glossary/slippage 2) Buying at a higher price than expected - if your first transaction does not succeed, perhaps in your mind you "retry", but this "retry" actually happens at the current price, and not at the one 10 minutes ago. So some, for example, may have tried to buy at $0.x and ended up buying at $4.x. 3) "Failed" transactions - there is a limit to how many DeFi transactions can fit into a block (one every ~6 seconds). The number of transactions per block gives the "throughput" of a blockchain. DeFi operations are much more complex and diverse, and hence are harder to benchmark against. Heavy DeFi load caused the Maiar DEX to take operations "as they come", and with heavy load, some had to wait longer. After 10 minutes of waiting, transactions "timeout" – which means a user has to resend the TX. Note: the Elrond blockchain did not skip a heartbeat or block, without any risk to funds or operations. We’d like to thank the community for their patience and for making our listing a successful one! This is only the beginning. Onwards 🚀

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17.12.2021

Nath Bunya · Accepted Answer

Nath Bunya

Only one work AMM and DEFI, google it before come out of cex

0

17.12.2021

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I have seen some explanation about the mess last night

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