Lend/aave

Wtf happened to lend ? Rug pull ? I thought they were legit.

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I fucking hate how indians type.

YOU DO NOT NEED A SPACE BETWEEN THE LAST LETTER OF A SENTENCE AND THE FUCKING QUESTION MARK!

Let’s focus on the topic shall we ?

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Yes Indians are horrible and don't listen.

where did you pull that screen out of, your ass? all alts are dropping and aave is in the volatile times of switching tokens, i sold high and am happy for this chance to accumulate low again, hope it will go even lower, very bullish it as it's one of very few projects with a working products audited multiple times, already huge adoption and actively working with regulators to stay afloat long term and be more widely available

It was my ass actually.

wtf? on blockfolio it says AAVE hit $80 within the last week

Blockfolio's 1 hour chart is always glitched.

LEND has had 2 days in the last week where it's fallen over 40%. Today it's bouncing back (25% or so) but fucking hell, it looked legit and doing well then value cut in half within an hour or so. I assumed exit scam but honestly not sure.

It's on TrustWallet as well as CMC. Something's happening with how LEND is being reported, unless it is genuinely in freefall.

Something to do with how lend is moving to aave I'm guessing?

I thought this. The volume and movements look so fucked up. What I don't get though, is why it's up and down over several days? It was what, 2-3 days ago it dropped 45%, then last night/this morning it was at -39%. Last time I looked it was up 25%. Normally if they move ticker or move to their own chain you just see an instant drop as people move over and that's it, not several. Dunno...

cant i buy lend and then do the swap for aave in some arbtrage sort of way? the price isnt at 1:100 parity even though you get that on aave

Yeah you have to stake the lend on their website to turn it into aave. Pretty sure you have to stake it for a week or some amount of time.

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maybe that explains the retarded price swings?

All of DeFI is a ponzi scheme i'm sorry user. Aave, Lend, YFi..... Locking assets and generating unheard of APR is literally the hallmarks of ponzi achemes and all of you were too stupid to notice.

I’ve been swing trading this token since June when it was 0.11, dumped it again after it wasn’t showing any action after the migration. Glad I got out before the dump...will probably go back in again at a good price. It is a good and legit project

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Whats the deal with aave in general? Whats the point of the new token, and why both tokens still active?

I think it probably does yes

shame, kinda glad i didnt throw 1k link at this when they first came out with the aave token the other day but i do think aave is legit, i got 2k link locked up on it to get an extra 1k link to my linklet stack.

so what would be the way to go about it, wait when lend is cheaper on a 1:100 basis to aave or when its more expensive? Im just drawing a brain fart about the right way to buy lend, wait for price change, then do the swap and sell back

seems to do with the token swap, recent market dump and general volatility. Its a great entry imo, I'd been waiting for one and I bought a position yesterday.

One of the few platforms out there with a working product. Lots of linkies etc using it. Its a top 25-50 coin imo.

>Whats the point of the new token, and why both tokens still active?
theyre doing governance with it and im guessing itll be up for a while to let users migrate. wondering why they didnt just automatically swap for everyone or whatever, i dunno. how did it work with antshares->neo?

good point
people will give you shit for being a grammar autist
but it needed to be said

>YOU DO NOT NEED A SPACE BETWEEN THE LAST LETTER OF A SENTENCE AND THE FUCKING QUESTION MARK!
We have to do it in France, too. It's not unique to pajeets, and French phoneposters are recognizable on other boards with this oversight they make sometimes

aave is dumping because the measly staking rewards are not worth the risk of lossing 30% if someone defaults

also, there is no moat. anyone can create a lending platform. we dont need to use aave.

also its already 1bn marketcap..way overvalued.. same marketcap as actual layer 1 chains like NEAR..

also, the aave and framework guys are shady. they seeded and shilled EMN,.. and helped pump and dump YFI

fucked up on binance mobile as well. only 4 daily candles showing.

WALT will replace it soon

It shows it at $40 on Binance. Wtf?

are you fucking retarded, this isn't true what the fuck lmao

I don't even have the energy to type of some response to your reddit-spaced shill post for NEAR. Just fucking kys