/biz/ - Business & Finance

how are we doing

It's pretty astonishing how stupid the onchain.trade team and it's community are. Where is that annon who called us all retards for not buying this? Fuck up after fuck up after fuck up after fuck up. Truly a sight to behold. "Just two more weeks until...." just stfu.

Virtual bacon (100k subs) is shilling our OT bags. The pain soon will be over and we will see new heights.

https://www.youtube.com/shorts/sABIrrQs4P0
watch till the end where he lists Onchain Trade in top 3 project on the zksync era network.

Audits should probably by done by this or the next week and we will see our perp and staking going live finally. I don't know how retarded you have to be to sell at these prices, basically ifo level. But soon they will regret their decision with a big fat green dildo.

FUCK WHOEVER SHILLED THIS I'M MISSING THE BULLRUN!

pls dont tell me you retards sold a few days ago

Now that you've bought the top and sold the bottom, let's discuss OT
>What went wrong ?
The launch was pretty shit, have to admit that. The team tried to rush to be among the first movers on zksync era with a native token and fucked up the original liquidity, basically locking people's funds, preventing them from selling anything below $0.72 due to the lack of liquidity. That created an arbitrage gap between syncswap and OT's own website, which arbitragers took advantage of and dumped the price.

Still not as big of a fuckup as another zksync shitcoin that recently managed to lock 900ETH investors money by fucking up the smart contract. Those guys had VCs, funding and such, OT had none of that, being a relatively small team, with the presale and token launch going as smooth as possible

>What went right ? Reasons to buy/hold right now.
1. Current circulating marketcap is still only $3.7M at the moment (at $0.5 price). Any moment now, coingecko stats will be updated with a correct cap instead of $50-60m FDV value. Next is coinmarketcap proper listing.
2. We're still early as fuck, being at just 1 week after the launch. Bugs will eventually get hammered. Staking and perps is going to be launched very soon, which will fix the liquidity issue as well as provide shitloads of incentives to use the platform and boost TVL and ARP stats.
2. Still the only zksync native token on syncswap, the biggest zksync era dex by TVL (50% of the network still, and OT is the biggest pool there after eth/usdc) and network activity. The main place where people go to buy and pool shitcoins.
3. Many IFO whales have exited. The biggest 600k OT whale, who's been dumping non stop since the launch, finally dumped his last bags and fucked off into the sunset. Redistribution took place from whales and IFO crowd into the hands of 13k unique wallets now, so the price could flow freely now.

i hope you hang nigger whoever shilled this

I got jeeted again

ONCHAINCHADS WE JUST CAN'T STOP WINNING
$1 EOD

Onchain trade, the zksync's own GMX, is out now on syncswap and their own website. 7.5m tokens circ supply in total right now. The current price is about $0.3 ($2.5 million marketcap).

>THE ONLY native zksync era perp dex with up to 70x leverage, lending/borrowing, yield, once sided liquidity and so on
>The only coin listed on syncswap besides ETH and USDC. Syncswap is one of the zksync era ecosystem dexes, which recently hit above $13M TVL. For now syncswap is the biggest zksync dex, soon OT will take that place
>OT's got a first mover's advantage on zksync era, having literally zero competition not only on zksync network which is for now filled with forks and testnet only shitcoins, but on other chains as well, thanks to it's unique features and potential insane yields.

After the successfull arbitrum airdrop money is going to slowly flow into zksync and other L2s for a potential airdrop checkmark and for buying 100x gems early within the ecosystem. In just 1 week after the launch Zksync era's TVL grew to $30M and continues rising. Once the hype reaches at least 1/5 of arbitrum's levels, due to the lack of working projects on the ecosystem, hundreds of millions will flow into the biggest first movers like OT, syncswap, Mute, zigzag and few others, which are the only usable project there for now and will be in the forseeable future.

I'm not telling you to ape in right now asap, but the decision is yours. Being a $2.5 million cap coin I think it's retarded not to buy right now as the potential for future 50-100x is there.

Today is supposed to be the release date of ZkSync Era. Considering the successfull arbitrum airdrop, the money is going to funnel into the next big hype airdrop - which is ZkSync and it's ecosystem.

Onchain Trade (OT) is the biggest and most original project on zksync era (most of others are just shitforks or testnet only shitcoins) and it's supposed to be released as a zksync native token as soon as zksync era mainnet goes live (or at least in a few weeks following). Don't miss the golden opportunity of the ages to buy zksync's own GMX for dirt cheap.

The supply at the start is only $10M. Anything below $3 is a buy (which would put it at reasonable $30M marketcap), but I have reasons to believe it's going way above that. I'll be back here in few months to rub this into everyone's faces, saying how I told you, but you didn't listen.

Onchain Trade (OT) for ZkSync is basically what GMX is for Arbitrum and both ZKS and OT are going mainnet in 1-2 weeks. It has literally zero competitors and analogues, not only on the ZkSync network, but in general - it's pretty unique. IFO happened at the same time USDC shat itself, so they didn't raise a lot, so you can pick it up at a very cheap price at the start, before people start rushing into the ZkSync ecosystem, checkmarking for airdrop and buying every shitcoin they could get their hands on and gambling on those with leverage (using OT). OT's going to have the first mover advantage on ZkSync and become it's own GMX if they play their cards right.

Now in more details:
>Arbitrum pajeets, sybils, airdrop hunters who made up the entire arbitrum TVL, hype, trading volume and network use (which is obvious by february activity spike and the snapshot cutoff) are about to get some serious free money and move on to the next hyped L2 airdrop, which is ZkSync, along with those who didn't get in and are bitter about it
>ZkSync (2nd most hyped L2 rollup after Arbitrum, $500M invested by top crypto funds, endorsed by Vitalik himself) coming out to public mainnet in 1-2 weeks
>Zksync ecosystem has close to 0 working projects ready for mainnet deployment, except for Onchain Trade and few others like zigzag (which is a bridge and a swap with no leverage, also no yield, staking or anything, already has bunch of bagholders and recent badly conducted airdrop dumped the price by 10x).
>Other similar projects on zksync, like phezzan, are nowhere near releasing their mainnet. So OT has a first mover advantage
>OT's got margin trading, one sided liquidity pools, staking, lend/borrow and so on, even it's own stablecoin
>99% of the ZKS ecosystem are testnet-only shitcoins, most of which are another uniswap or aave forks with zero orginal value added

literally the most high IQ play right now. Also the rewards for early stakers are great, like 50% of the platform fees.