/biz/ - Business & Finance

>>27441879
Comfy free hold. Letting the Koreans do their thing on this one.

Easy hold, this one. Tripled my stack after people sold the airdrop and dumped the price.

>>27442318
Like I said. Just like UNI.

>>27441879
Didnt even know I had a stack til last night....wouldve been two stacks but I solds the last of my other UNI stack 3 fucking hours before snapshot lmao

I tried to warn /biz/ earlier today. Feels so fucking comfy doubling my position on this obviously suppressed project. Have they not learned anything from UNI?

How to claim?

SNX is shit compared to the ease of use and cheap terra fees of mirror. This is the most pound in the table 10x opportunity around.

this thing is already doing more trading volume than Syntetix and its 8 weeks old! this is a no brainer 150m market cap too

Already made some gains on it and I’m a poorfag but I picked it up and gas is already paid for just waiting for the principal to be made and I’m in the green. Just got into crypto a few weeks ago and most of my portfolio is green. I hope you all pick up MIR and BAO so you can make it anons. feelsgoodman

I am making more money from staking Luna and MIR than my actual job ha. 100% interest from MIR stake and I get almost 100 of them free for being a Luna staker every week. All of it is from fees on the network and not a dodgy pyramid scheme like most crypto. Terra (MIR/Luna) is the future.

This thread is eerily too positive.

BITCONNEEECCCCCT

>>27446688
There are no shills on Meth my dude.

>>27441879
buy LUNA, get weekly MIR airdrop, stake MIR, get more MIR, retire.

>>27447220
How airdrop weekly?

>>27445493
Need to start staking. Wish eth gas would get cheaper so I can use the Terra bridge

>>27445493
How's staking paid? Considering if it's worth the gas prices rn

>>27448051
The gas on Terra network is 0.001 UST for transactions and smart contracts

shill me more on MIR and LUNA

What the point of synthetic stocks? They dont actually interact with the real market in any way do they? I see that they will be used for collateral on unilend... because stocks are less volatile. So thats it? I dont like the idea of buying an asset if the purchase wont affect the real market at all. Is there something Im missing?

If you don't hop in this train, you deserve to remain poor for the rest of your life, your children too, and grandchildren also. 110k$/day txs fees while providing liquidity on STONKS-USD (little to nothing IL so); that's 40M$/year in revenue for a 0.16B$ MCAP. SNX is top 24 at 2.4B$ MCAP for 23M$ revenue/year.
(sauce : coingecko.com/d'ex)

MATHS NOT CHECK

brb, buying more MIR, seeya at 100$ pajeets

No thanks. Fuck off chinks

>>27449289
Do you want exposure to less volatile assets without cashing or if the blockchain?
Imagine your are a hedge fund and don't want to influence price movement to much, but does wants exposure for example.
Imagine if you are from Brazil and want exposure to American companies and the dollar without having to pay the spread to go from reals to dollars, and the overall bureaucracy of the transactions / spending limits.
Imagine you want to try options without leaving the blockchain (with your link gains or whatever).
I can continue.
Imagine you are using Robinhood and are blocked by hedgies from buying GME.
Imagine you are in Egypt and want exposure to silver. You can buy an American silver ETF on the blockchain right now. I could go on... Imagine stock trading in uniswap V3 (with mAssets). Man, I'm fucking excited.

>>27448647
To go from eth to terra I mean. How is staking paid though? In MIR? In ust? Can I withdraw the staking rewards without unstaking?

>>27450331
Yes in MIR. If you stake mAAPL you'll get mAAPL and so on.
>>27449289
They say it'll interact with real market through arbitrage opportunities. But that's easier said than done. Cashing out of brokerage takes days. Plus all that wiring fee.

does anyone know a similar project to this but american or european? i hate koreans

>>27450249
Dont get me wrong I can see the upside... I aped in a few days ago with the whole robinhood fiasco and saw that a censorless way of buying stocks would be incredibly bullish. I was hoping the GME and Doge momentum would finds its way to this as it would be a way to "stick to the man." I figured that the synthetic assets where somehow backed by the real thing. My hope that it would interact with the real market is that the purchases would counteract and shorts made against the asset. oh well. I will still hold for a while; it does seem like a promising project.

>>27450249
Thanks for explaining exposure. Basically you're playing casino without all the red tape and bullshit that goes along with it.

sUSD and sSLV are going to be huge.

>>27441879
I feel this is going to be at $10 very shortly... Not sure if it's on this leg up or the next.

>>27441879
Who /staking/ here? Fucking APR is juicy

>>27451547
Do Kwon is Hong konger. Korea is just where they're ruling right now

>>27452298
Well Chai had a fucking massive userbase.

Do did a great job

>>27442726
https://vocaroo.com/15ZwNj9ktwpf

SOLD MY U-NIIIIII FOR A PLAYSTATION 5

>>27452436
DO IT FOR MIR NOW

5.68

Boys should I consolidate the rest of my RLC and other shitcoins to add to my 220 (+6 from staking)?

Rlc+Various shitcoins rn= 3k

Bamp

>>27441879
how is this the next SNX?

>>27455181
>more users than SNX via Terra/Chai blockchain (korean based payments app)

>>27455404
>xt SNX?
does it have the functions as SNX? I thought it was only a utility token to LUNA and used only for payouts for liquidity providers, where LUNA is being the main one of the blockchain.

>>27441879
They are far behind deus.finance

>>27456079
what's the token for this? are they in synthethic derivatives shit too?

>>27455404
>doesn’t have the security of ETH.

>>27455404
>doesn’t use Chainlink for price oracles.

>>27446688
for most of us this has just been free money dude. literally, it cost me 13 bucks in gas to ride this pump

Bamp