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<321bob321> Rav does
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<kevino:tchncs.de> what is this really about ?
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<kevino:tchncs.de> not sure what freedomxmr is
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<kevino:tchncs.de> probably a wrapped xmr kind of thing ?
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<zonash2099:matrix.org> maybe an exchange or a wallet
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<yahniukov:matrix.yahniukov.com> @kevino:tchncs.de: you send stablecoin to them on hyperliquid, they swap it via kucoin to your xmr wallet
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<kevino:tchncs.de> ohh
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<kevino:tchncs.de> no someone told me its a ticker on hyperliquid
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<kevino:tchncs.de> like wagyu has one $xmr1
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<zonash2099:matrix.org> do they have a website?
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<kevino:tchncs.de> who ?
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<plowsof:matrix.org> kevino its an ad 'hackers have been using plowChange to launder billions! so your money will definitely be safe! use them!' see it all the time especially after a large hack so their page gets hits
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<zonash2099:matrix.org> @kevino:tchncs.de: freedomxmr?
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<kevino:tchncs.de> idk , i don't know where to even trade that ticker
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<kevino:tchncs.de> not available through hyperliquid official frontend
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<yahniukov:matrix.yahniukov.com> yep, it's exactly like that > <@kevino:tchncs.de> like wagyu has one $xmr1
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<yahniukov:matrix.yahniukov.com> as I understand you buy fxmr, then you should send to some service address
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<yahniukov:matrix.yahniukov.com> have no idea how do they know your xmr address to swap the money
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<zonash2099:matrix.org> hmm
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<yahniukov:matrix.yahniukov.com> @kevino:tchncs.de: I see here
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<yahniukov:matrix.yahniukov.com> not much activity)
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<kevino:tchncs.de> well , not expected to have that much volume on xmr spots
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<kevino:tchncs.de> but they were under scanner so probably most exited
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<zonash2099:matrix.org> extremely low volume of FXMR. Not trustworthy as of now. We dont aven allow minimum trade for our wholesale OTC traders below 50K USDT.
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<yahniukov:matrix.yahniukov.com> waguy is amazing service, they don't have KYC, but they do have AML -
docs.wagyu.xyz/compliance-policy?ut…hatgpt.com#3-aml-and-ctf-compliance
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<yahniukov:matrix.yahniukov.com> so services like fxmr will keep pop up mimicking waguy, and offer no AML and no KYC
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<kevino:tchncs.de> what is AML with xmr ? can you tell ?
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<kevino:tchncs.de> they screen the "source" of my xmr ?
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<kevino:tchncs.de> i think waygu offers other coins too for trading on its platform , so its a genral disclosure
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<yahniukov:matrix.yahniukov.com> @kevino:tchncs.de: it's not about xmr, but rather coins you send to them. like USDC
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<kevino:tchncs.de> yes
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<zonash2099:matrix.org> I propose launching a privacy-focused multicoin wrapper wrapping up XMR, ZEC and DASH. And then at 2nd stage we should launch multiple multibillion ETFs of the same Wrapper token.
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<zonash2099:matrix.org> I invite critical and progressive suggestions on this.
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<yahniukov:matrix.yahniukov.com> @zonash2099:matrix.org: If it's not private like components in the basket, why privacy oriented people need it? They can just hold XMR and ZEC
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<yahniukov:matrix.yahniukov.com> Or is it for people who don't want to hold these assets but for some reason wanna still invest in them (like, for diversification)?
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<zonash2099:matrix.org> @yahniukov:matrix.yahniukov.com: it's designed for the 2nd stage massive cashflow events.
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<yahniukov:matrix.yahniukov.com> @zonash2099:matrix.org: so the point is to attract people to buy shares in possible future ETF's "IPO"?)
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<zonash2099:matrix.org> @yahniukov:matrix.yahniukov.com: yes, but immediate for us is on launching and promoting the multicoin privacy wrapper token and then listing it on at least 5 to 5 top 50 CEXes and 10 DEXes as well as on coinmarektcap.
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the spirit of monero lol
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<yahniukov:matrix.yahniukov.com> is it "stablecoin"? Meaning some algorithm will push price to follow weithened price of components of basket? Or is it purely "supply and demand" story?
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<yahniukov:matrix.yahniukov.com>
mrelay.p2pool.observer/m/matrix.yah…AymshqhHfxW2Bc4Rrtj1T4A8CWRazn2.jpg (I would remove LLM suggestions from page)
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<yahniukov:matrix.yahniukov.com> Also, do you guys have any prior experience in such activities? Or in finance?
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plowsof
What are we shilling now
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nioc
ngu
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<zonash2099:matrix.org> @yahniukov:matrix.yahniukov.com: We are experinced and we have been launching feeder funds and ETF for our enteprise clients worldwide since 2015. You may see our OTC finance desk here:
stoxswap.com/finance
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OG's with your typical shade of claude website and a link to a telegram group
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<zonash2099:matrix.org> @yahniukov:matrix.yahniukov.com: It has been removed now. Thanks !
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<yahniukov:matrix.yahniukov.com> @zonash2099:matrix.org:
mrelay.p2pool.observer/m/matrix.yah…7bJ1XTzLd2lrgbCBlOg2EZp2fWdUS7K.jpg (Ooo, interesting idea BTW) one of the reasons Monero was created in the first place - to not let govs to falsely blame you for someone's crime only because the token you owe now was somehow involved in illegal activity in the past)
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<zonash2099:matrix.org> @yahniukov:matrix.yahniukov.com: Hmm
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<zonash2099:matrix.org> @yahniukov:matrix.yahniukov.com: no it's not a stablecoin but rather a metacoin of the stated three privacy coins e.g. XMR, ZEC and DASH.
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<pw:xmr.mx> why 'wrap' XMR?
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<pw:xmr.mx> I'm not familiar on the subject, please excuse my ignorance/stupidity.. but what's wrong with XMR being XMR
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<yahniukov:matrix.yahniukov.com> @pw:xmr.mx: Normies from Wall st afraid to put their money in xmr. Gentleman above spent some time with chatGPT and figured how to make them do it