DFT be hittin lately

DeFiat is lookin like they want to survive this altcoin cycle and move on to the next round.

3 Major developments as of late

Uniswap trades are now a part of the burn + fee rewards... DFT is burning faster than the beautiful state of California now

2nd chance - new feature that allows people to stake their rugged shit tokens (bonuses for DFT holders). Right now in discord they got everyone voting for their rugged coins to be added. Nice vibes.

Anystake - the biggest feature of all is right around the corner. Stake any ERC-20 on DeFiat

Chart looks bottomed with volume picking up (LP paying pretty nice as well these days).

Market is only 500k lol, with some actually NOVEL features. this dev doesn't just know what hes doing hes also very creative and continues to deliver.

Now just lay me down some criticisms so I don't hurt myself by going too deep in this.

website - defiat.net
gecko - coingecko.com/en/coins/defiat
address - 0xb6ee603933e024d8d53dde3faa0bf98fe2a3d6f1

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Haven’t seen a more capable dev, comfy

So if I hold useless coins from a rugpull I can basically still make something from it?

afaik shitcoins are sent off to be burned for a small fee (which goes into liquidity) and replaced with the 2nd chance token

I think at first it'll be limited to 100 coins, but i guess they plan to add more with time

diving in!! cover me fellas!

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After carefully studying the graphic OP posted it seems you can swap rugged tokens for 2ND tokens, not stake the rugged tokens.

Can someone confirm?

Also..
What’s the supply? Is it capped? Do These coins get minted when they are swapped? Which rugged tokens are eligible (I hold plenty ) Where/when can I buy them. So many questions..

Love the idea though, are there any other projects doing shit like this?

Never heard of DFT until XXM MOMENTUM partnered with them a couple weeks ago.
Seems like a cool project.

correct, coins sent to the recycler are burned.
idk any specifics about the 2nd token itself, i think it's released in a few days

I remember fudding this shitcoin at $20 so i could buy under $2. Good times.

Hope it goes to 1ETH per.

Ty

I went all csi on this image, the recycler UI mentioned that a 1.48% of the Bree supply is swappable for 14.8 2ND. Is swapping this the only way to get 2ND? No pre-mine pre-sale?

Ayy I'm gonna hit it

Sendeeet user

Yes. I like.

It's a swap, which is then burned and you get minted tokens, then stake those to earn DFT.

>Supply
Exponential to my knowledge. Probably to make it exponentially harder for DFT to be earned since there is so little DFT now and in the future to go around.
>minted when swapped?
Yes.
>eligibility?
List will be exponentially getting larger.
>where to buy
As far as it's understood, it'll not be up for purchase and is more or less a swap and mint.

>anyone else doing this?
You're one of the first in line to this being the first project to do it.

again, won't believe it until i see it

Fuck Andre. I’ve got Bree and emn. I’ll support anything that helps me forget that shit. In for 2 Eth.

very soon fren

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so is this the next x100 anons? please say yes.. the dev keeps releasing novel shit and we can buy basically a full retrace..idk what could be an easier choice in the alt market? Guess I'm drinking the DF-tea..

Not sticking to legit non rugpulls.

NGMI.

>Ren tweet
>Gitcoin
>Fair launch (fo real)

Yes it's a dot finance.

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No, maybe DFT (their main project) is a x 100 but 2ND is only there to put their name out and help rugpulled people a bit

Fuck the rugs.
Finally some utility in a defi model!!

This is the best crypto idea of 2020

Tnx for explaining user. I’m liking this more and more. I took a look at the defiat website, not even a mention of 2nd there. Pretty incredible that this project is doing what they said they would, seems like they’re actually building a defi ecosystem around their dft token.

Will take a deeper look at dft too, since it is positioned as the most valuable asset within the ecosystem.

Btw, what does dft.p do?

>partnered with $200 volume XMM
Don’t know about that cap, might not be the best move

XMM is fine as a proof of concept

don't get it

smart people only

It's not that hard read again.

Even not smart smart

Defi as a service? Holy fucking shit pajeete, this may be the real deal

How do they determine the value of the shit coin