Reminder to do your part

Unless you are planning to sell in the near future, DO NOT KEEP YOUR LINKIES ON A FUCKING EXCHANGE
There are a dozen different defi projects out there willing to literally PAY for your liquidity, and yet you would rather give liquidity to exchanges that then use it to short you. The moon mission won't take off until the mass exodus of link from exchanges onto defi
I say this even though I know mass adoption will cut into my sweet sweet early adopter apr; lots of ruthless marines will hate me for this desu. But I didn't get in this for farming income on $14 link; I want us all to make it desu
Fuck CZ. $1000eoy if you help make it happen user

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Is there a guide or somewhere I can read up on this? I have my linkies split between hardware wallet and exchange atm

lmao, defi
kek, Ico scams were blatant but defi, its like smart con, products with figuratively speaking giant blinking letters saying scam. Never ever would I in any shape of form participate in defi, and I'm in crypto since 2012

are u fucking retarded? connect wallet transfer to aave

This CEX are a relic of the past, embrace DEX, DeFi and remember nit your keys, nit your money. Use a wallet.

> A defi yield farm scam is safer than an exchange
Fucking R E T A R D

>embrace contracts that can be changed on the fly by the devs to rob you without the dev being legally responsible
retarded

Contracts ate immutable, retard

how many billions do you have

so if i understand this correctly, i put my linkies in a pool and then people loan them and i earn interest from that? and if they don't pay back my linkies i lose them? why would i risk losing my linkies like this?

you mean have a centralized governance through "early buyers" that are coincidentally associates of the scam dev that vote to "adapt" the contract. As long as governance Tokens and changes of contracts are a thing, defi is a scam. And no amount of promises to not just prefer "early (((adopters)))" will change that.

Aave is blessed by Sergey. I trust them.

I just got a trezor. How do i put my linklet stack to use without losing my precious linkies? Walk me through like a brainlet

cross reference whatever you're told here.

I'm too scared to move my LINKs from my cold wallet to some DeFi experiment that can steal my LINK at any moment by just claiming their smart contract had an error or something.

Loans are some of the best usecase for defi. See Aave.

collateralized with what and how will who enforce payment

almost all real world examples require the use of legacy court systems through multiple jurisdictions and good luck getting judge Vijya Divakar to rule in your favor and forcing his cousin comisar Shankaracharya Barvadekar to kick down the door to niece Daas Bhave and take her 3 goats
i also like the state of the 3 goats as fedex finally delivers them to your door 3 months later

the only loans that work are the ones backed by other crypto but at that point why bother with a loan
if you give out this contract against some aggregate lender i can garantuee you the same collatoral is promised multiple times over and the owner can exit scam to the hindu kush faster then you can say this curry gave me diarrhea

I keep my link on Coinbase bc it’s insured and safe

Take them to the kleros court ez

Overcollateralized with whatever coin you choose to use as collateral. And its locked in a smart contract. That's how they enforce payment. You clearly haven't engaged in defi at all.

Only up to 250k, I believe.

fk you're stupid