/biz/ - Business & Finance

There are reasons to be bullish for what's to come. Not forgetting to include the obivious fact that the people behind DAIQ have been working quite hard in such a short time span, keep the following in mind if you're doubtful about the future of the token:
>1.3 mil USD from the treasury in Yearn
https://twitter.com/iearnfinance/status/1351938228086042628?s=19
>Josh Rager and other e-celebs from crypto twitter are in and determined to see this back to $1:
https://twitter.com/Josh_Rager/status/1353781845742280704
https://twitter.com/crypto_gambit_/status/1353811144218181633?s=28
https://twitter.com/Bullrun_Gravano/status/1353813939918925824?s=20
>AMA with infinitygains:
https://twitter.com/cryptoexpert101/status/1354189104834076679?s=28

So yeah growth and exposure are still on the menu. Still, there are some small obstacles to pass through before DAIQ can truly go into an expansion phase which is why I bet most people have bought, on top of the potential trading profits:
>coupons must all be redeemed in order to end the debt cycle

So while the idea behind these is great to reduce the supply and temporarily counter inflation during the debt cycle (now), it might prove to be bothersome when we're finally at the peg price. You'll have to wait until they're all redeemed, and you can bet that people will sell their profits especially after taking such a risk.

The following dump can and will HOPEFULLY mitigated by liquidity providers seeking rewards once DAIQ > $1, however. And there are people who've been waiting to do so.

That's it for now. I'll try to bump this thread periodically. Don't forget to think twice above buying, things still might go wrong. Don't get too complacent and listen to your gut feeling.

this might not be the right place to ask, but I'm a 20yo zoomer looking for a summer internship in either finance or engineering, is looking for internships right now going to be a waste of time?