/things I learned this week/ edition: - The whole defi market is pegged to LINK, not BTC - KNC is literally, unironically, never going to go down no matter what - LRC swings harder than drugged up celebs
>What is DeFi generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum. In simpler terms, it's financial software built on the blockchain that can be pieced together like Money Legos. >what is not DeFi Your uniswap shitcoins FUCK OFF PAJEET >what are some of the safer bets LINK, LRC, KNC, LEND, MFT, REN, etc. >I don't want your shitcoins where are the hidden gems defipulse.com/defi-list/ >upcoming ICOs/talks/sergey dumping his stash if you provide dates in the thread i'll put them in here
Do you think crypto will crash again before friday?
STA is the index fund of DeFi. This is like buying Vanguard in the 70's. It is a 400X from here minimum.
Wyatt Rodriguez
Sta is a shitcoin with an open source balancer
I have my own balancer with tokens trading all day.
It’s a literal shitcoin that invented things as it went along
I hold sta anyways because you freaks will pump it a little more...
Caleb Scott
BNT legit?
Julian Bailey
Been swinging lrc for several months now, saved my ass a couple times. There seems to be so many now it’s hard to keep track. I’m holding lend and have staked my lrc, what’s the lowest cap defi available now?
Christian Gomez
i'm all in aave (lend)
Camden Thomas
>what is not DeFi >Your uniswap shitcoins FUCK OFF PAJEET This includes you
I think so, based on meme lines alone, however the recent mooning makes me hesitant that it might be a bit late to jump in now. Plus there is an offputting amount of shilling for it on Zig Forums. But if you bought some a few months ago congrats.
MFT is my personal rec, which is why I included it in the OP, however it's a gamble. I don't hold any at the moment. I looked it up after I saw it mentioned here a couple times over the past month. It seems to me that the idea is that the new CEO will change things for the better, and that hope has moved MFT up about 50 places on coingecko, but I've yet to see him do anything beyond general shilling/promotion. To give him credit though MFT has been solid all through the recent swinging so it must have something going for it that I havent figured out yet.
Jace Rodriguez
Interested to see what pic related tools are I believe today's pump alone comes from the word "defi" lmao
I can't see why a business model which lends money using cars as collateral would be a good idea, especially if you consider the fact that a second wave is not only possible but likely.
I see a lot of hype in your DMM thread, as well as constant shill threads (please limit those to 7-8 per day), but not much substance behind it. The 'we're using chainlink' meme is just that - nothing more than using oracles to ascertain price.
The shilling feels very pajeety and forced. "I'm getting 2017 ETH vibes", "easily 1B market cap", and the stiff and unnatural posts in those threads is very forced.
If you have information I don't (which you haven't brought up in the DMM threads) then let me know but currently it feels like it's just putting a segment of a shady business onto a coin so that you have the 'real life application' box ticked, followed by a pnd.
Grayson Martin
just get COMP, no brainer
Luis Collins
Can y'all recommend something that hasn't already pumped? Please thank you.
Christian Robinson
based double line breaks
Adam Gomez
In my opinion auto loans are simply a proof of concept, and a nice incentive to launch the network already profitable.
The true scope of this project is outlined in their whitepaper - connecting small and medium size enterprises around the world with international capital at competitive interest rates. In their whitepaper they claim that the size of the undeserved markets they're targeting value in the trillions. They claim that interest rates in some parts of the world can reach up to 25%, the 8%+ they're offering would be extremely competitive.
On the other side of the equation, they are offering 6.25% APY on deposits. Where else in the world is this being offered? They claim to be working with Coinbase and Huobi to integrate their mAssets, so normies with one click could be earning 6.25%. This is revolutionary from my point of view, and could balloon their AUM to hundreds of millions in a very short order.
Lastly, the DMG token soaks up the difference between interest in and interest out, and as long as they use Maker's token burn dynamic, they wont get caught up in any securities issues.
COMP - they’ll vote in fee accrual to holders, but it will slowly dump to low double digits, sell now and buy back later LEND - likely will have pumpamentals when tokenomics released, high price already and pumped heavily, waiting for a dip BNT v2 will take all the liquidity from other DEXs but literally hours ago had a SC breach and funds stolen so its dumping REN - BTC on eth will continue, can’t see any massive pumps for a while though.
Camden Evans
>IGNORES RLC NOT GONNA MAKE IT
Adam Cruz
looks everyone ignores this just because it is at $1m mc, but this will give the biggest gains among all Defi projects
