The xDai Chain was created as the very first U.S. dollar stable blockchain in the world and went live in October 2018. It is meant for transactional payments that are inexpensive, fixed fee, private, and very fast.

It has a dual token model, using a stable-coin called xDai for transactional payments, and a second token called STAKE for consensus based on a new delegated Proof-of-Stake consensus model called POSDAO, which is implemented by a DAO as you might have guessed.

xDai Review

As we said, the xDai Chain is very fast, with block times of just 5 seconds, and the ability to do 70 transactions per second. It has inexpensive fixed fee transactions and will process hundreds of transactions for just $0.01.

Users can even predetermine the cost of transactions because the xDai token is stable.  Overall it is one of the best digital assets currently available for transactional payments, but thanks to a multi-chain staking mechanism it has even greater utility.

XDai chain uses a dual token model. xDai is the stablecoin, and STAKE‘s value is set by the market. xDai‘s stability allows for cheap, pre-determined transaction fees. A stable-chain creates benefits like: stable balances and stable gas fees (making it more scalable). It also brings the massive liquidity provided by Dai’s $120 million dollar marketcap.

xDai Multi-Chain Staking

xDai 

This is a stable-coin with its value pegged to the U.S. dollar. The stability of xDai allows for predetermined fees that are extremely low in comparison with many other blockchains. Users benefit from stable balances and stable gas fees, and these features also make the xDai Chain more scalable. Plus, it benefits from the massive $1.9 billion market capitalization of Dai.

Stake

The STAKE token is the consensus token that is used to secure the network. It is a volatile token with a price determined by the market. It is also used for staking and to provide rewards to network validators.

xDai Founder

The idea for xDai Chain came about in 2018 at ETHBerlin. It was created during a discussion among members of the POANetwork team, and the leader of the entire project is POANetwork tech lead Igor Barinov.

Igor is an award-winning blockchain expert with over 16 blockchain and computer programming accolades. He has also been the winner of blockchain hackathons at the Consensus, Texas Bitcoin Conference, BitHack, and Distributed Trade.

With professional certifications in programming and data science as well as deep learning in the design of memory networks, implementation of generative models, design and training segmentation systems and neural translation systems he is well known for pioneering developments in federated blockchains and smart contracts.

Igor Barinov is the tech and operations lead and has been involved with Ethereum based projects for years, inventing novel projects and new mechanisms of consensus.

How to Earn xDai Token

On the xDai Chain there are 3 ways to earn staking rewards. These include the transaction fees that are paid in xDai, the STAKE rewards for validating blocks, and bridge fees. Previously users were also able to earn interest fees in CHAI from locking Dai in the bridge.

Is xDai Safe and Credible

Any of the following use cases could be implemented on an xDai side-chain:

• Peer-to-Peer Payments -Fast and efficient stable payments are possible with xDai.
• Community Currencies – Providing a blockchain solution to enable local trade and exchange.
• Prediction Markets – Stable prices remove fluctuating transaction fees, allow for more participation.
• Blockchain Games – A more responsive UX, micropayments, and predictable cross-chain interactions are achievable in a stable ecosystem.
• Cryptocurrency for Events & Conferences – Easy onboarding, usage and rewards for event participants (even crypto novices!).
• DAO Governance – On-chain voting and management for Decentralized Autonomous Organizations.
• Digital Voting
• NFT Mint and Transfer
• DeFi (Decentralized Finance)
• B2B & Enterprise Applications

Disclaimer

This xDai Review Article isn’t aimed at defaming xDai nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this xDai review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

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Amplifei Review

Amplifei do not provide a copy of their compensation plan on their website.

The following compensation breakdown has been put together from official Hapinss Brands documents, sourced from various Amplifei presentations dated January 2021.

There are 37 known affiliate ranks within Amplifei’s compensation plan. Along with their known qualification criteria, they are as follows:

• Reseller – generate 300 monthly QAP
• Reseller L1 – generate 500 monthly QAP
• Reseller L2 – generate 900 monthly QAP
• Reseller L3 – generate 1500 monthly QAP
• Pearl – generate 2000 monthly QAP
• Pearl L1 – generate 2500 monthly QAP
• Pearl L2 – generate 3000 monthly QAP
• Pearl L3 – generate 4000 monthly QAP

Amplifei Products

• Shut Ei – “a unique blend of all natural ingredients formulated to help you sleep better at night”, retails at $70 for a bottle of 60 capsules
• Hapitides Citrus Nucleotide Drink – “may help increase overall vitality and endurance, convalescence, improve natural ability to resist infections, restore and boost immunity, speed up the rate of recovery after exercise and protect the liver, skin, muscles, stomach and known to support healthy regrowth of the villi in the intestines”, retails at $70 for a pouch of 30 servings
• Hapicaps – “a combination of the strongest all-natural brain enhancing ingredients brought together in an all-in-one capsule for high performance thinking and doing”, retails at $65 for a bottle of 30 capsules
• Biomeix ADK – “hacks your system to get gut healing SCFAs into your GI tract for an amplified sense of wellbeing”, retails at $70 for a bottle of 60 capsules
• Hemplifei – mint or black cherry flavored full-spectrum hemp oil, retails at $80 for a 2 fl. oz. bottle (60 ml)
• Hemplifei Caps Energyah – “these capsules can be taken daily to support homeostasis, or biological harmony in our bodies and intended to enhance your energy with Caffeine and other natural ingredients such as Rosemary Leaf, Dicaffeine Malate, Yerba Mate Leaf Extract, and Bacopa Monnieri Extract”, retails at $90 for a bottle of 60 capsules
• Hemplifei Caps Naturalah – “these capsules can be taken daily to support homeostasis, or biological harmony in our bodies and intended to enhance your overall wellbeing”, retails at $90 for a bottle of 60 capsules

Amplifei X10 Bonus

The X10 Bonus is an autoship bonus, specifically pertaining to Amplifei’s Gut Health Triad bundle. The Gut Health Triad bundle includes Biome iX ADK, HapiTides, and HapiCaps for $139 a month.

Although available one-time for $210, the X10 Bonus is only paid out on Gut Health Triad autoship acquisition.

An Amplifei affiliate receives a $200 X10 Bonus each month they generate and maintain ten or more active Gut Health Triad autoships orders.

Amplifei Registration

Amplifei Registration on the site isn’t so complicated, but it’s really necessary to have the below information handy is a as it might be needed of you.

• Email Address  
• User Name  
• Phone Number  
• Contact Info  
• Password

Amplifei affiliate membership is free, however affiliates are required to maintain a monthly autoship order to qualify for commissions.

The minimum autoship order amount is 50 PV a month. New Amplifei affiliates can also choose to sign up with various packs:

• Happy Pack – $250
• Happier Pack – $500
• Happiest Pack – $1000

The Happy and Happier Packs come bundled with Amplifei products. They don’t offer any compensation advantage.

Amplifei Login

Before you have access to Amplifei login page, it’s obvious you must registered successfully.

To login Amplifei only the below is needed 

• User name  
• Password

Is Amplifei Legit 

Amplifei operates in the nutritional supplement MLM niche. The company is headed up by Founder and CEO Robert Oblon. On its website Amplifei provides a UPS store address in Indiana.

According to Oblon’s Facebook profile he’s based out of California. I assume this is where Amplifei is actually run from, as opposed to out of a UPS store in Indiana.

To get any actual information on Amplifei’s products you have to head over to a separate Hapinss Brands website, not impressive at all.

The roadblock with Amplifei’s compensation plan is the mandatory autoship requirement.

This sets Amplifei up as an autoship recruitment opportunity. That is, you sign up as an Amplifei affiliate (preferrably with a pack), get on autoship and then recruit others who do the same.

Based on what compensation information is available, the preferred autoship seems to be Amplifei’s Health Triad bundle.

Is Amplifei Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

• Do you think Amplifei is scam?
• How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Amplifei on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

Disclaimer

This Amplifei Review Article isn’t aimed at defaming Amplifei nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Amplifei review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

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Cenoxtrust Investment

• Plan 1: Minimum deposit of $5 to earn 1.73% to 2.5% after only 60 hours

• Plan 2: Minimum deposit of $470 to earn 6% to 9% after 40 hours

• Plan 3: Minimum deposit of $4700 to earn 14% to 17% after 20hours

Cenoxtrust Founder

While documenting this Cenoxtrust review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Cenoxtrust provides no verifiable information about who owns or runs the company on its website.

Is Cenoxtrust Legit 

It claims to have over 1 million in deposited funds from over 400,000 registered users. You’d think it’s a popular platform. Only these are just lies. I checked the traffic of the site and found they barely even have 10 visitors daily.

It claims 24 hours support. I clicked the chat button and for hours no one would respond to me. It’s likely only 1 scammer is managing this platform and you don’t expect him to be there all day managing an unprofitable scammy platform.

The cenoxtrade.co domain name was registered for just 1 year like most scam platforms. It will expire in 2021-09-20

Is Cenoxtrust Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

• Do you think Cenoxtrust is scam?
• How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Cenoxtrust on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

Related posts:

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