Warning: This is why Chainlink (and Defi) is in a bubble and we are going to pop soon in a way that it will never recover
This 20-something guy has "all figured out". It's "free money", it's magic, he has outsmarted everybody. This is the biggest sell signal I have ever seen and this will not continue for long
God has punished people for hubris throughout history, the Chainlink twitter cancerous community is the most proud and filled with hubris "We are special. We have it all figured out"
God will punish for such pride, it is the worst sin
go back not welcome here twitter fag moooods show him the exit
Brayden Nguyen
they didn't astroturf this shit for 3 years to have it dump. It's a ponzi scheme designed to market their shit wef ccp system
Isaiah Gomez
I was irked that he revealed this but then I realized his followers that didn't already know about this have a cumulative savings of $100,000 that won't do shit to the pool.
Anthony Perez
Thanks for the post. Reported to the SEC.
Josiah Johnson
if god wants to punish hubris there are a thousand other groups in the world that are above us on that list
Have you been paying any attention to Andre Cronje?
Matthew Hughes
The problem with all this stuff is gas fees are so high it's not cost effective unless you're throwing at least $10k around, which for me is too much to risk on something like this. So fair play to those doing it but it's not for everyone.
Ryder Bell
This whole yield farming thing has mostly just made the rich even richer.
Caleb Gray
How fucked would this pool be if Tether collapsed?
Then again, most of crypto would crash down 80% to their real levels.
Brayden Mitchell
In fairness it takes a good amount of research into the sphere and then risk, so i don't begrudge them. Barely anyone is actually yield farming.
However yeah unless you have 10k+ you don't mind putting in risky investments and at least $200 all in all for fees it's not going to be worth it.
Gavin White
It would be a shame if someone short squeezed the market and got their positions liquidated.
Why not just deposit LINK on AAVE and use the aLINK to deposit into the yearn aLINK vault? Still receiving 40% APY and way less risk.
Jose Carter
Have you seen the early volume signatures for btc?
Matthew Jackson
those super smart contracts really all do the same thing, farming and instadumping curve tokens. So the real question is, who the fuck is buying a shitload of curve tokens every day?
Cooper Watson
how are you faggots not understanding that links scope is way beyond defi?
Thomas Gomez
does this actually work what if one contract gets fucked wont you lose all your linkies
Biggest risk imo, is managing your Health Factor on AAVE. With the yaLINK vault the pool automatically rebalances so I don't have to worry about it. If there was a flash crash though, you might end up personally having to spend 1000+ gwei on transactions to unwind your leverage.
T. Left behind and can not understand how basic things work
Caleb Rogers
> Defi is a bubble > Stocks are in a bubble > Money printer go brrr Inbetween stupid boomers and chink scammers I hope and pray some of us make it just to sit back and laugh