When the own devs say they are reliant on it, I take it as reliance kek. If you want to beat around technicalities go for it, the fact of the matter is DMM needs Chainlink. There’s nothing revolutionary about an on chain DAO that votes on off chain centralized activities. Like I said, did you watch the fucking AMA? The devs themselves were talking about this kek
We gucci?
Chainlink will play a big role in this project. Those in DeFi demand transparency and doing that with real world assets while also taking Crypto lending and converting it to Fiat is a huge obstacle to overcome. Sergey will lead the way.
if this problem can be solved and be as transparent as possible, this project will be huge. The value of real world assets triumphs any value currently in the blockchain. If this value carries over into ethereum (blockchain), it will be bigger than anything we currently have locked up even after COMP going bananas.
DMM is in a good hands with a team like Chainlink.
why don't you ask your dad? oh shit you don't know who your dad is, since your mom slept with all the pajeets in india
In other words,
WE GUCCI
>on the dust
Ask me how I know you are both foreign and poor.
I'm autistic enough to split hairs with you. I know this project, I know that they talk about oracles and chainlink specifically. chainlink isn't the only oracle though and oracles aren't required for their existing smart contracts to function. buy more link if you want, buy dmg, both are good ideas.
>buy more link if you want, buy dmg, both are good ideas.
This. The only two projects I care about in the space right now
Apparently not autistic enough to recognize other oracles are non viable. BAND? Outdated price feeds with no staking penalty. TRB? 0 pull requests in over 9 months of being live. Chainlink is much more than an oracle, it’s a network of tamperproof inputs and outputs. Other projects don’t offer this, hence why you don’t see their name next to the things LINK is next to. “Oracles aren’t required for existing smart contracts to function” umm if they wish to make it past tokenization they will need to be reliant on an oracle mechanism. Genuine question, are you new to crypto? These are pretty well known facts user...
Guys forgive a brainlet. What is the difference between a bank and a DAO, in this case DMM? Isn’t it almost the same?
DMG holders can be compared to shareholders in a bank, and in this case DMG is now the middleman that a bank once was.