/biz/ - Business & Finance

I'm not invested in either project (LINK schizo) but it seems like either UNI or BNT will end up winning the majority of the DEX marketshare.

I wouldn't own either token while there's so much still up in the air about which will come out on top

Alpha leak - Bancor will be moving forward with trader incentives akin to uniswap/1inch airdrop for those who have traded on the platform

Can some kind anon explain to me the risk if Bancor whitelists a project that rugs?
If, for example, ROOK rugpulls and goes to literally $0.01.. what impact does this have on Bancor, as a result of ROOK being whitelisted

Can someone explain what im missing here?
I read the whitepaper and it doesn't look like RBC gets any profit sharing from the platform or anything..

Its just used to interact with certain parts of the platform? You dont earn money on total platform revenue by owning RBC? Seems kind of lackluster from a tokenomics perspective

What DeFi protocol can I park $500,000 USDC in and earn a consistent $50k/yr (10%) without any fear of rug or team incompetence?

Which blockchain is going to have the next DeFi free money explosion?

First it was ETH, then it was BSC..
What's next? FTM? ONE? AVAX? ADA?

Discuss ETH killers and which one is going to have the next DeFi explosion

>>29383594
This is a liquidity penetration test.

Expect some of the most hilarious volatility you've ever seen in your life this bull run.
The big players are entering, and they want to figure out just how much they can manipulate crypto.
You only lose if you panic.

Look niggers, I'm getting tired of reading this retarded fucking dribble. Decentralized Finance will change the world.
>Trustless
You don't have to trust anyone with your money. The safety of your money is guaranteed by the law of code. Does code have bugs sometimes? Yes. Is it reasonable to assume at some point in the future certain protocols will have 0 exploitable bugs? Also yes. There's no need to worry about whether or not Robinhood is going to restrict your ability to purchase a certain asset. Synthetix will allow you to purchase tokenized stocks no matter what. 24/7 365 days a year
>No barriers to entry (Geographic, Economic, Age-based, Country Infrastructure etc)
Individuals in certain countries do not currently have the ability to purchase the same assets as those in other countries. DeFi allows anyone, anywhere, with any level of infrastructure in their country (Assuming an internet connection exists) to be involved in the exact same kind of investments as everyone else on the planet.
>Higher Yields
Because there is no centralized middle-men DeFi allows for higher yields than most if not all traditional investments. Source? Go check Aave or any other leading DeFi protocol and compare it to CeFi. This is one of the most important advantages of DeFi. If yields were not higher, it wouldn't make sense to those with access to robust infrastructure and trustworthy traditional investment opportunities to get involved with DeFi.
>Faster
Current financial systems are hilariously slow. When I withdraw money from Coinbase to my bank account it can take hours at best, and days at worst - depending on my withdrawal method. DeFi transaction occur in minutes at worst right now (and we can all agree that they are slow and expensive relative to what they will be with proper scaling solutions in place). But even with current scaling issues, DeFi is faster than current financial systems with regards to end to end settlement of transaction.

>>28981078
iktf anon

I was talking with my dad about crypto last christmas and told him i've turned $2500 into over $250,000 in the last 4 years (much higher now with LINK going crazy lately).
I wasn't expecting a throne or anything, just maybe a congratulations since the fucking guy hasn't been in my life much since he and my mom split 10 years ago..

Nope. He tells me to pull it out and show it to him in my bank account.
>A quarter million? Yeah right, show it to me in your bank account
>What? What do you mean
>You're telling me you can have $250,000 in your bank account tomorrow
>Well it might take a few days for the transfer but yes i can
>Okay do it
>I don't want to sell yet, i want it to go up more
>*dad literally laughing at me* Son, you're being scammed. You'll never be able to get that money. You should have just bought stocks instead

Wish i was making this shit up. He genuinely believes that i'm some absolute fucking retard who is being led on with promises of high returns and that I don't actually have any real money that I can convert into USD.

I just shut up about crypto for the night and haven't talked to him since.
The fucking faggot has to ask for my help on turning the brightness up on his phone. Fuck it gets me pissed just thinking about how stupid he is

Insider here, Arbitrum mainnet is April or later

Now that it's confirmed 2021 will bull run similar to 2017-2018...
Are ICOs going to be retarded profits like last time? Tron, ZRX, etc.. pretty much any ICO that wasn't actually a blatant scam went 20x+

Discuss

Why can't shit ever dump close to payday?
I'm 9 days out from getting my goybux and now is when crypto decides to dump hard

It's fucking rigged bros. Who wants to bet that 3-4 days from now everythings recovered and my wagebux get me fucking crumbs like usual

>>21173793
for some reason retard posters piss me off the most. its clear that this guy is quite literally a completely uninformed idiot who couldn't even describe to me what the function of the LINK token is, or how Arbitrum works..
and yet he espouts this absolute garbage. i dont know why it bothers me so much.

My ego is getting out of hand, bros. I have made so much money these past few months, i'm beginning to think I'm some kind of investing savant. I can literally not make a single wrong choice.

This last week alone I made over $50,000 with VIDT, AKRO, and BNT.
Somebody bring me back down to reality, tell me it's just a bull market and everybody is making 300% gains left and right, no matter what they buy

>>20898928
And then one day, for no reason at all...

>>20765094
excuse the cuck spacing, amerifat here and just woke up. still groggy getting ready for my big day of waging

>>20598973
same anon. same.
i really hope i picked a few good ones. also posting before this turns into a shilling thread for every single coin out there

You have 10 seconds to give me 1 good reason you don't hold any DeFi coins.

>>20447845
He quite literally doesn't believe that I could have the amount of money I show him in blockfolio in my bank account.
I'll show him when he's over and he'll say "thats not real money, put it in your bank account and show me that"

I try to explain that I dont want it in my bank account, i want it to keep going up
and he just laughs like im some kind of retard falling for a massive scam
it is absolutely infuriating. fucking stupid old man.

>>20317818
>>20317941
I want a reply from one of you calling this speculation.

LINKs current marketcap has literally 0 speculation.
It is almost exactly equivalent to the DeFi services it needs to underpin.
This is again not taking into consideration a SINGLE other project that has pledged to use chainlink that is still in development or ramping up its userbase.
This is not taking into consideration a SINGLE industrial project such as Oracle, Baseline Protocol, or BSN.

Tell me, with a straight face, how this price is speculation, when it is almost exactly equal to the current market that it underpins actively today. Without even considering the hundreds of other projects that are still ramping up.

>>20290891
Anon ive been on /biz/ since 2017, and i am turbo autistic about researching alts.
This isn't some gay thinly veiled thread to shill my alts, as all 3 have already been shilled plenty on /biz/. And as I stated earlier I will 100% sell every single altcoin I have and put it into LINK at some point.
I am quite confident these 3 alts have a good chance at 5xing in the next month

I am curious though, if you had to hold 3 alts that aren't the 3 that I hold, which would you choose?

Well, anyone have a portfolio that doesn't consist of meme coins?

>>20208066
>2017 bull run happened after a BTC halving
>2020 comes around, BTC halving occurs
>bull run starts
>WTF GUYS WHY IS CRYPTO PUMPING??
everyone knew that the next BTC halving would end the crypto winter and bring forth glorious pumping season

>>20123588
1 LP = 10k LINK tokens (ramping up over time). The plan is to slowly ramp up the LINK staked per LP as staking comes online to ensure everyone who owns LP gets a chance to stake every drop of their LINK

I see what you are saying, fren, I really do. My viewpoint is that not only are you obtaining rights to stake your LINK, you are getting a cut of /every/ single person who stakes on LinkPool
The fees that LinkPool will charge, especially when they open up staking to non LP holders, will be divided 100% among LP holders.
This is because the team owns 75% of all LP, so they can truthfully distribute every single $ in fees to LP holders, as they themselves are LP holders.

These fees are nothing to scoff at, it's every single node LP runs, every single Node-As-A-Service LP manages, and every single ETH 2.0 node that LP runs aswell.
You are not only paying for your ticket to guaranteed LINK staking, but also a ticket to a portion of every single $ LinkPool makes. And seeing as they own and run the domain market.link which is, at this point, the most in depth analysis of every chainlink node that exists, LinkPool will be a leading node service provider.