- What's the deal with decenomy coins?
- What's their utility?
- Who buys and uses these coins and why?
- How many different coins are considered "decenomy"?
- How many coins that Yield Nodes sets up master nodes for are decenomy coins?
- If there are coins that aren't decenomy coins that Yield Nodes sets up master nodes for, what are they?
- what are these 19 "Integrated projects contributing to the yield"?
- Are profits paid in BTC or some other coin?
- What are the "more critical tasks" that master node operators perform versus full nodes?
- What "clever strategies" are used to compensate for the fluctuating values of staked coins?
- For example, if I were to invest 1 bitcoin into Yield Nodes, and after a year, I wanted to exit and withdraw principal plus profits of 2 bitcoin, but that 2 bitcoin is worth less than 1 bitcoin a year ago... is there any way to salvage the value (in fiat USD)? Similarly, are the weekly and monthly yield percentages based on BTC principal, or fiat USD? edit: I think I just read that these values are based on Euro-traded value (of BTC / Euro pair?) at any given time, but would still appreciate clarification.
- That twitter promise about returning funds if the yield is below 5 percent for 3 months... Is that contractually found in investor documents somewhere too? If yes, where? At what point will you'll nodes decide to dissolve? https://mobile.twitter.com/yieldnodes/status/1331908212191358977
- How often does Yield Nodes find new coins to node, delete old nodes that aren't performing, and do they ever create and market new coins to node?
- Is there any insurance that supports Yield Nodes, and if yes, what exactly do they protect against and how much do they charge?
- What's the most cost effective onramp? YN's credit card service? Or sending BTC, or USDT, from an exchange?
- This post claims that "your deposits will take 7 days before you earn returns." Why? https://www.publish0x.com/defi-adventures/yieldnodes-step-by-step-deposit-guide-use-bitcoin-wallet-kra-xlzrqxp
- how is slippage addressed and when is value locked in with the price of BTC constantly fluctuating?
- What site/sites are the best forum to organize investors in case we ever need to form litigation?
- Are there any contingency plans in place in case all of the managing members of Yield Nodes die together suddenly? What firm, if any, is set up to dissolve YN if needed?
- Are any tax forms generated and do they report gains to the IRS? If not, then one could technically get away with this being tax free income if they wanted to right? How would the IRS know otherwise?
- Related to possibly not paying taxes, anyone have tips on getting back gains into usable fiat USD without creating much tax fuss, or is that impossible?
- Similarly what are good ways to spend gains? Anyone use the Coinbase debit card for example? Guessing that it sells crypto at the point of purchase for USD, creating taxable events?
- Are there any other similar high yielding funds like Yield Nodes that I can look into spreading risk with?
- Some have said that YN is not scalable or sustainable, any thoughts as to why that may be, and what exact parameters to monitor to be able to determine that to plan an exit?
- Is there a way to automate the compounding of yields, or does it have to be done manually? How often can you compound?
- anyone care to share their thoughts on the risks involved, and how they are possibly mitigated both from YN's end, and the investor? YN says it's high risk, but there are lots of good reviews. Trying to gauge chances of losing principal, and consider if there's any protection.
Thank you all so so very much for your time and input! 🙏
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