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...

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

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lol relax faggot

go back
not welcome here twitter fag
moooods show him the exit

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

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.

Thanks for the post. Reported to the SEC.

if god wants to punish hubris there are a thousand other groups in the world that are above us on that list

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There is no god

Top kek can someone explain where the profit comes from in above picture. Like someone must be losing money or paying for some kind of service.

-t brainlet

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it's called a pyramid scheme

The pools use the liquidity to arbitrage mostly.

Have you been paying any attention to Andre Cronje?

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.

This whole yield farming thing has mostly just made the rich even richer.

How fucked would this pool be if Tether collapsed?

Then again, most of crypto would crash down 80% to their real levels.

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.

It would be a shame if someone short squeezed the market and got their positions liquidated.

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yield farming is a meme

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you linkies are absolute deluded cringe, they are dumping at an absolute premium right now and probably doubling down with margin as well
wake up

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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.

Have you seen the early volume signatures for btc?

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?

how are you faggots not understanding that links scope is way beyond defi?

does this actually work
what if one contract gets fucked wont you lose all your linkies

3 years fag

no one's been fucked yet. the contracts are safu

AHHHHHHGHHH I'M POOOOOPPPPINGHHH AHHHHH

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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.

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It says USDC dumbfuck

T. Left behind and can not understand how basic things work

> 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

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Just don’t use leverage on aave. Sure profit is not as high but the risk is only on the yearn smart contract