Trading on Nolex

CITYUPTAKE is listed on Nolex

The listing of CITYUPTAKE on the Nolex exchange, embodies the return of CITYUPTAKE on an exchange. Previously on TWM exchange, CITYUPTAKE was one of the high volume coins on that exchange.

So how to trade?

First open Tronlink on your desktop (you can also follow the same steps in Tronwalletme using the browser there).

Selecting the wallet to trade from in Tronlink

Than go to the Nolex site:

www.Nolex.org

Press the sign up button in the upper right corner.

Nolex opening screen

Press sign up in the pop up again:

Referral pop up

A Tronlink confirmation request pops up to connect you wallet to Nolex:

Tronlink confirmation screen

After accepting the Tronlink pop up, your wallet is connected to Nolex

Connected wallet

Click dashboard to access and fill your trading account. It will bring you to a dashboard screen, with the option to go to your N-wallet (Nolex wallet) or to your referral tab.

Nolex Dashboard

If you go to your N-wallet, you can move funds there from your Tronlink wallet to trade.

Nolex N-wallet

Click deposit for the token you want to trade (in this case TRX) it shows your available amount and you can deposit.

Deposit screen in Nolex

After deposit you confirm Tronlink again and you get a confirmation:

Payment confirmation

You can see in your N-wallet that transaction is pending and based on experience, within a minute the funds are there.

Deposit history screen

After the funds landed, you can trade by clicking the Trade button and Main Exchange:

Trading menu

After that the trading portal opens and trading can begin. Later today (May 25th) CITYUPTAKE will be listed as well. Happy Trading!

Trading screen in Nolex

Passive Income

Regular update on the progress of the portfolio of Passive Income generating tokens held.

Time for a new update on the passive income goal for 2020.

Passive income update May 18, 2020

Due to the positive results of staking of BTT on DLive I have increased the target of the amount of BTT to hold by the end of the year. This is actually the third token out of the 6 passive income generators for which that decision has been taken. And as the value of crypto is still low, it is still cheap to further build the position in all of them.

Returns on staking BTT until May 18.

Although the target is kept the same, CITYUPTAKE is still going strong and besides buying more CITYUPTAKE the rewards received are used to increase the stack of BTT and Pi-token in the last couple of weeks.

Returns on CITYUPTAKE until May 7.

As CITYUPTAKE accounts for the biggest portion of my passive income generating tokens, it is bringing the biggest income impact as well. Although with the heavy push on other tokens, that portion has been decreased from 49.3% a couple of weeks ago to 48.5% currently:

Passive income generating coins portfolio split May 18

$COTI, $BTT and $Pi token have increased their share, while $CITYUPTAKE and $WINk didn’t increase quick enough to maintain their proportional share. All in all a good foundation has been set for future income generation to support the #111Months project.

CITYUPDATE

April has finished. Time for a recap.

A new month a new CITYUPDATE. Please see above the monthly newsletter of CITYUPTAKE.

April was a very successful month with regards to the growth of the amount of CITYUPTAKE tokens in circulation. Apparently consistent solid are becoming more popular nowadays. It is good to be part of a project that turns market volatility into rewards for its token holders..

#111Months

Month 16 the month of recovery

With the ending of the 16th months of the 111 Months challenge, it is time for a new recap. While the end of month 15 was a drop back due to the value drop of Crypto and the general impact of the COVID19 on the market, April shows the month of recovery.

#111 Months, update 16.

Staking

Having significantly increased my holdings of CITYUPTAKE, CITY Alpha & Pi Token, I have been building further on solid increase of passive income, this doesn’t show yet due to the low value of crypto still in the majority of April.

Besides that being appointed Community Node for COTI, allows a significantly higher amount to be staked and also the start of staking BTT in Dlive brings some great expectations for the future.

COTI staking results for April
BTT staking results to date

So with all the above, there is great trust that soon we will reach a passive income equal of 15% or more of the final goal.

Wealth

A great recovery of Crypto values and a decent recovery of share values has boosted the wealth. On top of that a considerable investment was done in COTI to fill up the granted staking slots, which resulted in some everyday cost cutting but resulted in a nice wealth boost.

Due to COVID actions, salary was temporay cut, but also loan repayments were stalled by the government. This kept the monthly spendable income on par, but the result was that loans are not being re-payed, slowing down the decreasing of the loans as part of the financial overview.

To further balance the wealth portfolio, I have also started stocking up precious metals like gold and silver, to have create an easy to liquidate portion of my wealth with a stable value.

Distribution of wealth over the 5 mayor categories.

COTI Community Node is live!

The node is live, work is starting

We are proud to announce that our COTI Community Node is live now!

It is now part of the selection of nodes to choose from when planning transactions on the COTI Network:

Selection of active nodes on the COTI network (May 1, 2020).

We are now setting up our Telegram Channel with value add content for people curious about COTI and the other purpose is to be a meeting ground for people staking on the COTI Community Node.

For more details on our Community Node and further plans check out our webpage COTI Community Node

CITYUPTAKE

Reviewed through the numbers

Weekly rewards and share of circulating supply over time for holding 100k CITYUPTAKE tokens

This graph gives a good view on the consistency of rewards for holding CITYUPTAKE tokens while the portion of the total circulating supply decreases (dillution). The rewards recently consistently hover between 800 and 900 TRX per week.

Total rewards paid out week by week

This graph indicates the total rewards paid out week by week, it is clear that it is just a matter of time until the weekly 400k TRX paid out will be passed.

Cumulative rewards paid out by CITYUPTAKE since its inception

Continuously growing cumulative rewards have been increasing steadily and will surpass 25 Million TRX in the second half of May.

Check out CITYUPTAKE in http://www.cityuptake.com or https://t.me/CITYUPTAKE

BTT Staking

BTT staking has started successfully.

Since some days, you can stake your $BTT in Dlive to get some rewards. As the first day staking rewards were outrageous due to the combination of a low amount of staked BTT and a high daily reward. Since then the amount of Staked BTT has settled down just north of 11.28 Billion (5.3% of total supply) and the daily rewards are now stabilizing close to 20 Million BTT.

If these number continue like this a 60% annualized staking return is a great deal.