Lol at the alts conversing with each other.
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08-18-2020, 04:11 PM #91
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08-18-2020, 05:11 PM #92
You may want to check out SXP. It may not fit your criteria because it is a bit over $200m right now.
SXP is the token for Swipe and Swipe is owned by Binance. Binance is the world's number 1 crypto exchange right now.
Mainnet is coming in 4-5 days. They just got the green light to launch in the U.S. This happened today.
CZ remarked: ka-ching!
https://twitter.com/cz_binance/statu...33881887289344
They are going after CRO's market cap which is currently at $3b.
CRO has an APY of 18%. SXP is 12%.
A few other miscers are invested in SXP currently.
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08-18-2020, 05:43 PM #93
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08-18-2020, 05:53 PM #94
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08-18-2020, 06:42 PM #95
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08-19-2020, 05:55 AM #96
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08-19-2020, 08:45 AM #97
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08-19-2020, 09:34 AM #98
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08-19-2020, 11:10 AM #99
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08-19-2020, 11:31 AM #100
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08-19-2020, 12:12 PM #101
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08-19-2020, 12:45 PM #102
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riddle me this..... probability of yearnfinance price passing BTC. Would that even be possible? Or are they just painting themselves into a corner. Admittedly I don't know jack about YF besides is seems like the biggest scam since YAM. Goes from non-existent to 10k in a month???
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08-19-2020, 04:15 PM #103
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cant wait to get out of chr dem bags are heavy when are they launching the hedget auction fml...
Sloots come and go but moms are forever
Get to know your parents: you never know when they'll be gone for good.
Be nice to your siblings: they're your best link to your past and the people most likely to stick with you in the future.
Enjoy your body: use it every way you can. Don't be afraid of it or of what other people think of it: it's the greatest instrument you'll ever own.
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08-19-2020, 04:24 PM #104
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08-19-2020, 04:26 PM #105
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08-19-2020, 10:06 PM #106
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08-20-2020, 01:56 AM #107
Why would YFI be a scam, its nothing like YAM.
You get YAM from staking Compound, LINK, YFI, Synthetix etc. It also has a rebase mechanic like Ampleforth to maintain a peg at $1 by contracting and expanding the supply. Its a worthless token.
YFI is a fully decentralized, no pre-mine, no-ICO yield aggregator. Say I want to lend 1000 Compound tokens, I lend it through yearn and it automatically and trustlessly finds the best rates by searching and balancing between existing pools on other protocols like Aave and Compound. It also auto adjusts to get you the best rates. Its extremely novel and already has $600m TVL - there are probably only 5-6 other cryptocurrency projects that can claim this sort of value. The YFI token allows you to earn interest from the fees incurred by others lending through the protocol and gives governance rights.
It also has a supply of 30,000, bitcoin has a supply of 21,000,000. Price doesn't mean ****.
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08-20-2020, 02:15 AM #108
PNK has pumped like crazy already. A scam group shilled it on biz 24/7 a while back.
Lets quote the developer of YFI, shall we?
"The token is absolute worthless". The token was an experiment to see how people will buy anything, I have talked to Andre myself about this.
I fully understand why the genius Andre Cronje wanna quit developing crypto. It´s nothing but greedy people trying to scam eachother. Shame that a bright mind like Andre get discouraged.
"Completely valueless’ DeFi token YFI’s price breaks $11,000"
https://decrypt.co/39093/completely-...e-breaks-11000
"Since yield-farming allows holders to receive interest “out of thin air” by staking and lending their tokens, the majority of them aren’t really in a hurry to part with their assets. But it also means that if they all suddenly sell—it could crash the price."Last edited by PimpMasterC; 08-20-2020 at 02:26 AM.
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08-20-2020, 02:53 AM #109
Andre says that because he is on record saying he doesnt like dealing with the fallout associated with token price fluctuations - he doesn't want the stress. The token at that time also wasn't entitled to fees on yield. That doesn't mean the token is worthless currently if it is earning interest (it will when the treasury is capped). If the CEO of apple comes out and says the positive income stream company is worth 0, does it make it 0?
The article quoted is just blowing what Andre said out of proportion. Yes YFI gets a little kick out of people staking it to farm YAM but the fee earned on people lending through the protocol isn't 'interest generated out of thin air'.
In this space you can become a gigachad investing in BTC, ETH, YFI and perhaps a couple of other defi projects (SNX, Aave, Ren) and enjoy 10x-100x, or you can become an ultracuck speculating in Tezos (-10% in a bull market) and shorting Link at $9.7 before it went parabolic and hit $20.
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08-20-2020, 08:43 AM #110
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08-20-2020, 09:01 AM #111
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08-20-2020, 12:31 PM #112
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08-20-2020, 03:13 PM #113
Chitcoins don´t interest me even if they moon. I have made thousands of dollars on tezos, and I made thousands of dollars on shorting LINK. Those defi coins are mostly hype, and not world changing projects. At least I´m not unethically supporting chitcoins like the rest of this forum...Encouraging scams in exchange for some money, disgusting behavior imo. But maybe I just can´t relate, cuz I grew up with money.
Do you feel good about yourself for supporting chitcoins, or you just don´t care? The world is going to chit because humans are greedy bastards that support short term schemes over actual value bringing long term change. I will never stop calling out greedy people.
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08-20-2020, 04:21 PM #114
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08-20-2020, 04:42 PM #115
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08-20-2020, 07:54 PM #116
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08-20-2020, 08:02 PM #117
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08-20-2020, 08:14 PM #118
Tezos is the actual scam, 99% of the network usage comes from people 'baking' on coinbase trying to get more of the token lmao - this is no better than YAM. Infact YAM is probably better given it doesn't have a premine.
You only think the world is going **** because it has coincided with your networth dropping like a rock in a bullmarket because you bought Tezos (-10%) + liquidation of your collateral shorting Link at $9.70 (10 days later it was $20).
You are the POOREST man on bodybuilding bro.
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08-20-2020, 08:19 PM #119
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Last edited by Horse86; 08-20-2020 at 08:30 PM.
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08-20-2020, 09:08 PM #120
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