Give me your best Defi plays if it’s not chainlink. To my understanding all defi projects need oracles so all have to use chainlink. Am I missing something? Is maybe buying SNX or COMP a good play as well?
If chainlink is the leader in oracle space. Which Defi is the leader in decentralized finance.
Other urls found in this thread:
defimoneymarket.com
drapergorenholm.com
defimoneymarket.com
medium.com
docs.chain.link
youtube.com
youtube.com
uniswap.info
twitter.com
FTM. Fantom Finance is going to change DeFi forever.
TRB low cap pow oracle specializes in defi
I’ve looked into RPL it’s centralized shit and no token needed. (Literally devs said this not meme) then also looking at Reserve (RSR) this is the time to make a Hail Mary play but I think that play is most likely in Defi? Always what the hell is defi farming?
COMP total ROI is only up 100% which isn’t that much if it truly goes on a moonshot I’d expect to see 3000%+
UMA synthetics doesnt need a centralized Oracle like Chainlink
Buy $UMA and $JRT
Shit is moving so fast. It used to be only chainlink that made sense to invest in but now I’m bombarded with $COMP $LEND $FTM and even possibly $RSR ? It’s a lot of shit to sift through. I was 1000% sure on chainlink simply because oracles are not difficult to understand are 100% needed to make smart contracts work. Everyone knows blockchains cant get outside data. But now with Defi you literally have so many projects and most seem to be competing for the same space. How do you place a bet on that and be 100% sure
Oh I forgot about Unibright. And I mentioned SNX... The list goes on.
Aaaaaand here we have stakenet lol the list goes on. It’s not obvious anymore which is the sure play now that the oracle problem is being tackled by chainlink. Maybe I need to figure out what’s after oracles. Money smart contracts oracle
Pegnet is a sleeping moonshot
shill me fatom finance
You all missing point of defi thinking only plays are buy tokens annd pray they go up lol
yield.farm.
Fantom Finance launches in two phases starting at the end of June
The first to launch is fLend (Maker/Aave equivalent) will allow you to lend your FTM for a variable APR or mint fUSD to borrow against your FTM
fTrade (Synthetix equivalent) will come not long after, allowing you to trade 176 synthetic assets with zero slippage
All of this will be accessible directly from the official Fantom wallet, and with the OPERA mainnet's instant finality and low fees you'll hardly be able to tell you're using a dApp.
how this work?
what's the contract adress?
This is what I’m talking about. Another “equivalent” everything in defi is just a copy cat of something else ...”plus more”
BNT, LEND, KNC, REN, LRC
Melon, Gavin Wood project. Check out what happened to energy token.
15 mill marketcap, unusually big buys the past few days , paying way over price
I don't know what kind of liquidity there is on Ethereum DEXes but here's the ERC20 token address: 0x4e15361fd6b4bb609fa63c81a2be19d873717870
You can also find it as a Binance token on Binance DEX
It's also available on regular Binance and Kucoin IIRC.
DeFi is so young it's hard to argue that it has any kind of established leader in the space.
Stakenet really doesn't aim to compete as it does to integrate.
I know a lot of anons who used to use IDEX to buy LINK before they brought in KYC.
XSN, I'm convinced, will be the best DEX to trade LINK and ERC-20 stablecoins as it is a permanent non-KYC solution aimed towards deeper interoperability between ecosystems that already exist (Lightning Raiden)
Bancor at 50m cap and rank 100. A serious DeFi project with V2 coming out should move it up 50 ranks or so, assuming they don't have any more code issues.
who cares. How do I profit?
60M market cap now, people are starting to notice
Public sale takes place Monday 22nd June at 9am (no whitelist/kyc, just buy on dex for ETH, DAI, or USDC). Price starts at $0.36 and increases 1.5% per every 500K sold ending at $0.57.
Currently trading on DEXs at $0.70 (presalers sold some) in anticipation for the public sale being a complete sell out.
It's a defi DAO product collaborating closely with top names in the defi space to introduce a defi take on a money market, providing high consistent interest for crypto holders and providing off-chain liquidity to consumers and companies. Stake your ETH, DAI, or USDC (Coinbase listed as a partner already) and get 6.25% interest.
DMG is the governance token. Holders get to decide the fate of the DAO and get to earn the excess revenue (the money market earns 10-15% on the liquidity loans it offers and DMG holders get the remainder after the 6.25% is paid out). Holding DMG also gives the holder a stake in deciding which assets to grant liquidity to and therefore appeals to institutional investors.
There are 250MM DMG tokens, but only 25MM are being distributed in the sale. Coingecko have confirmed it will list with a circulating supply of just 25MM. That means a $100M market cap is $4. It's currently $0.70 or if you get lucky in the public sale it's $0.36.
With close partnership with Chainlink and future engagement with Coinbase and Huboi, as well as a confirmed investment from Tim Draper (drapergorenholm.com
Further reading/watching:
defimoneymarket.com
medium.com
docs.chain.link
youtube.com
youtube.com
uniswap.info
Thoughts on Celcius? Seems to of had a big spike with the recent DeFi pumps.
Looks like a lending platform similar to Aave?
hot
>DeFi is so young it's hard to argue that it has any kind of established leader in the space.
R L CCCCCCCCCCCCCCCCCCCC
You know what all defi projects also need? Access to BTC's liquidity. Learn about RenVM.
This, an actual defi Oracle by buidl