What killed it?
Is COMP dead?
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snx flippening
its a free token for literally just holding lots of money. Of course its going to dump. The smart thing is to immediately convert it to more eth to earn more money
but why did the snacks flip
being retards, they decided to kill bat rewards.
why? because they are retards.
desu ive had my head in the sand but that sounds pretty bad. might sell
it was extremely unhealthy anyway
but now its unhealty in a completely different way. They're creating a liquidity crisis with DAI. we might unironically see 1$ Eth in a flash crash cause everyone wont be able to pay back their DAI cdps due to the supply being tied up in comp
True pill. Retards had everything in their hands. Fucked up, big time. Trust is lost forever now. Dump ASAP and if you took a loss, learn from it and move on. Always inform yourself before you invest! I invested heavily into AnalysX. Because I did my research. Look it up. Potentially the biggest moonshot in years.
That sounds hilarious, how do I contribute to worsening this clusterfuck of a situation? I have 10 bitcoins
You have one main option if you want to realllllllllly contribute. You can take that 10 btc and turn it into wrapped btc. Take that wrapped btc and put it into compound. Being careful not to over leverage yourself (because you’d get liquidated in a flash crash) you can use an app like defisaver to borrow and supply dai against your wBtc in one trans as action. This effectively gives you the ability to borrow almost 4x as much dai as you would normally, which if you really have 90k in btc would be a lot lol. You will earn a pretty nice apy on comp doing this