UselessCrypto Validator

Validator Name

Useless Crypto

Staking Profile

UselessCrypto Validator

Commission %

Simple 5% Commission to fund validator costs and help support the UselessCrypto app API Fees

Infrastructure Setup

Business 1G Fiber for bandwidth. Dedicated AMD Threadripper running 64GB Ram. 3x 1T M.2 PCIe 4.0 drives raided. Running Ubuntu 20.04.3 LTS. Currently on site with redundant power supplies and 5KW UPS backup. Failover in AWS planned. Personal experience: Systems Architect. Using Linux for 15+ years

About Us

Useless has 6 doxxed core team members on our website with a large growing community.

We found harmony by doing research. We currently have our ecosystem launched on the Binance Smart Chain network. I was never happy with how centralized the validator nodes are among a ton of other issues and concerns. Harmony allows us to expand in to other networks using bridges that are fully decentralized

Useless is the first project ever to build a unique ecosystem (App, dApp, smart contracts, …), which is entirely dedicated to generate as much external revenue (Useless Tokens and BSC/BNB) as possible, to eventually execute buy backs, burns and/or liquidity injections with the generated funds.

This makes Useless the first ‚Äústable LP token‚ÄĚ, combined with external buy backs (not to be confused with internal buy backs) and burns. Core to the Useless ecosystem is a smart contract called the ‚Äúfurnace‚ÄĚ. The furnace accumulates the revenue and decides what operation it will execute, based on the health of the liquidity pool.

USELESS values and standards are providing 100% honesty and transparency without false promises or overhyping unfinished products.

USELESS leads by example, educating the DeFi space and striving to make DeFi easily accessible for everyone. The Useless community is encouraged to be humble, friendly and supportive at all times.

Validator Pledge

Harmony’s Effective Proof-of-Stake Validators are the backbones of the Harmony infrastructure. I/We shall pledge to constantly run an up-to-date validator, promote a decentralized validator community, and use best practices of running a validator service.

I/We have read the Terms and Concepts in detail and fully understood its purpose, possess the know-how of running this service, and know the risk-rewards to run this service. I/We fully understand Harmony’s Definitive Guide to Harmony Open Staking

6 Likes

Great to see you onboard‚Ķ I thought someone had an issue with a ‚ÄėUseless Validator‚Äô so I came to assist‚Ķ haha‚Ķ Wishing you all the best!

5 Likes

That’s funny. Nope just trying to get elected is all =)

5 Likes

I, too, was lured in by the title.

Marketing win.

4 Likes