Why the fuck are you not all in BZRX user?

The total value locked up (TVL) is exploding!

explorer.bzx.network/

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he dont know about harvest.

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scam
10k bz stack reporting in

i am but i dont think this will moon any time soon again

other question why are staked tokens not counting towards TVL? atm there are ~55m tokens out of 140 staked which is already 40% of all tokens in circulation (team has not staked yet so its even more)

i havent staked cause i day trade

It will take a while but once it gets going it will moon fast. There is also lots of new features coming after governance is up and running.

I think you have to lend your bzxr in order for them to count towards TVL. But you can stake and lend at the same time. The APR for lending is neglible right now, but should pick up as soon as they enable margin trading with bzxr.

i'm staking 5000
are they displaying our rewards yet?

lol..i am 50k bzrx...also bought harvest.. retard stay poor

Wait till yearn and the other yield seeking pools start putting assets into bzx.

Red pill me on this as when I see over 80% of supply not in circulation yet it scares me off

no one cares youre a fucking cuck regardless dont reply unless you got something useful to say u stupid faggot

Remaining coins will vest over 4 years starting from next Jan

But the coins will be backed by the insurance fund which is being built up. Eventually you can exchange any number of BZRX against an equivalent proportion of the fund. So you can say that the token is asset-backed. Few understand this

Can someone please explain me what the yield farming and staking rewards would be based on like 1000 worth of BZRX?

And why doesn't the staking platform allow me to stake 100% of my assets? I can even do 99% but 100% doesn't prompt me anything for some reason. Plese help frens this is confusing.

i dont think staking 1k will be worth the gas

It is if you can stake for months

Don't expect the rewards to be high right now, they are directly linked to the utilization of the platform, which just came online. They have a calculator on their website, you could play around with that (but be realistic about the numbers). The growing TVL is a promising sign though.

Once the governance protocol comes online (should happen within the next week) we will have hard numbers. But again I expect them to be low since they just started.

I know, but most don't have that patience
Feels good to withdraw stake rewards though, did that with zrx and got like half an eth

Nice. How long/how much you stake?
Considering it. Got only 600 bzrx, would be a year of staking if I did, kek

So are most people here staking or farming? I know that farming gives better yields but if it costs too much I ain't gonna do it.Thanks for the info btw.

Learn how to speak english before shilling

don't get confused i was referring to ZRX, staked for a few months. i had like 10k worth though.

small stakes were fine when gas was cheap. now i think only spot trading on binance or uniswap is worth it for small stacks

those with capital are farming. There's like 5 million vbzrx distributed a week.

Us poorlets can only buy small stacks and cant stake. Feels bad man

>explorer.bzx.network/
HAWAIIAN SCAM

well small stacks aren't bad, if you buy now and it goes to $1 it would still be a decent win

It’s already been to $1.70

$1 is easy....

Also what people don’t realise is that CZ is going to turn on his binance bots and pump the shit out of this project.

Why?

Because he owns 20m of the supply! Check etherscan

He can’t sell any of that off as there isn’t enough volume on binance and also liquidity is pretty bad at the moment

My guess is he first pumps it to $2 and then runs the price to $5 before the end of year whilst unloading his 20m bag

So all we gotta do, is sell before him? Good to know

Well he’s going to want to start dumping before supply starts increasing in Jan and puts downward pressure on price if there isn’t enough demand to eat it up

I have no idea when he will turn his bots on, but it will happen and he’ll want to pump the price hard so he can get the maximum price possible for his 20m

I think CZ is playing the long game here

He knows that his CEX scam is not sustainable in the longer term once L2 becomes more popular or L1 scales (either or both will happen)
That is why he's going in early on BZX and other defi projects.
That will be his source of sustainable income beyond CEX.
He wants to stay influential and he will do that through covert governance, he would be dumb to vote with a 20m wallet

you can have a bag for day-trade and an other for staking kek

I’m pretty sure those tokens were his payment for listing, that’s how he usually gets paid (in X% of supply)

Agree though that CEX models are going to become irrelevant and under more and more scrutiny from governments