@KarthickNetha@VauldOfficial That is the minimum monthly avg balance u should keep I feel. Take the lower one. Only difference being insurance cover I feel.
@KarthickNetha@VauldOfficial Abt the payment issue. I opened an online account on IDFC first bank in one day. No issues till now.Never link your main bank acct for crypto. If strict regulations come these bank accounts may be frozen.. And don't expect traditional banks to support crypto wholeheartedly
@darshanbathija I don't feel so.
1)Solona is too centralized.
2) frequent outages. How can it be dependable
3) very vulnerable to hacks latest being wormhole hack largest till date. So VC had to shell out the lost ETH. it happened at Solona end .
Polygon with eth security is more reliable.
@VauldOfficial 2) EVM based chains like avax Terra cosmos will be next in line in view of easy launch of eth based defi/dap protocols and suck the huge TVL in eth and save some gas
3) I'm optimistic about SOL but for frequent shutdowns centralized nature and vulnerability to DDOS attacks(51%)
@VauldOfficial 1n) Block chain technology has huge potential and consider it's myraid applications No one system will be able to cater the demand. I feel each has space to grow. ETH with its layer 2(polygon,arbitrium,optimisim,IMX ...etc) will have huge potential and scalability.
@darshanbathija One concern. Most govt views coming out suggest only trading in Indian exchanges will be allowed. Is vauld ( registered in Singapore) build by Indians qualify for that. Are you doing any steps for the same. @VauldOfficial
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Criteria about it is in this picture.
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Please provide AIP IN USDC or any other stablecoin if liquidity allows. USDT is turning out to be a risky asset .@Vauld_@darshanbathija Regulations and dubious asset quality of tether esp after china crypto crackdown and EverGrande