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28442110 No.28442110 [Reply] [Original]

Decentralized:
Aave?
Bancor?
Centralized:
Don't trust Celsius, Nexo
Gemini looks decent

>> No.28442238

>>28442110
bancor yearn hopefully soon curve

all are varying degrees of spaghetti code

>> No.28442327

>>28442110
Hoge.finance

>> No.28442330

>>28442110
Gemini is owned by the same twins that sued Mark Zuckerburg into oblivion. Mark was so scared that they would beat him up that he stipulated that only one of them could be in the mediation meeting room at a time. They also own 1% of all BTC. Probably more now.

>> No.28442341

>>28442110
>https://twitter.com/Bancor/status/1356211273348866049
Whales tend to disagree

>> No.28442379

>>28442238
Yeah so how much am I trusting them?
Nearly feel like Gemini is way to go
Income would be nice but would be tough losing thousands of LINK when I don't have that much

>> No.28442382

>>28442110
Deposit LINK on AAVE, borrow ETH, deposit ETH on app.rari.capital or a Yearn vault.

>> No.28442488

>>28442110
BNT

100% impermanent loss protection after 100 days. Insane BNT APY rewards.

The token value fucking tripled in like 2 weeks.

>> No.28442495

What's the point of staking Chainlink right now if you don't have over 100k?
Return is only $3k annually with 12k Link right?
Not even worth the time.

>> No.28442617

>>28442110
move to cold storage. remove supply for borrowers to short with.

>> No.28442704

>>28442110
Check out Coinmetro

>> No.28442763

just wait for steaking/neet nodes
don't lose your linkies to some stupid defi shit just as shit's getting good
bancor for example has imp loss protection, but if there's not enough link to pay it out you get bnt instead of link
guess what happens when steaking is announced, link moons leading to massive imp loss, and also people will withdraw link from the pool
and you will be the sucker with a bag of worthless bnc tokens because you wanted 4% apy on your linkies

>> No.28442790

>>28442330
so either gemini or linkpool (soon)

>> No.28442823

Bancor, enjoy

>> No.28442885

>>28442495
I've got 10K LINK in Bancor. Made me nearly $2500 total over the last 17 days ($2000 of this is BNT rewards which will at some point end).

>> No.28442904

>>28442790
>28442790
I personally dont trust Linkpool. I don't use Gemini neither but I know the owners are reliable people and Gemini has all the relevant licensing obligations. Your wealth is insured on Gemini

>> No.28442968

don't fall for the allure of easy passive income fren. keep those linkies locked up and safe. i have the same amount and trust NO ONE.

>> No.28443070

>HAS A MAKE IT STACK OF STINKIES (2021 version)
>"WHAT DO I SELL THESE STINKERS FOR SO I CAN GAMBLE"

Unironically if you were going to be a retard you should have just bought AVAX a week ago.

>> No.28443164

>>28442904
Earning on Gemini is not insured

>> No.28443171

Kneepads
Use the income to hoard more linkies

>> No.28443313
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28443313

>>28442904
>Your wealth is insured on Gemini
nah. if you stake ("earn") with them, you risk your LINKIES for 5%, its in the Terms. They use some 3rd party who uses your link for loans and makes money off it. If the 3rd party rugpulls or has a "Hack", Gemini is not liable at all and you lose your shit. All for a measly 4.5% not worth it. I'm about to take LINK, put it on AAVE, take a loan at 25% for ETH, and buy BNT with it

>> No.28443316

>>28442904
genuinely curious, how can you not trust linkpool? they are pretty much an official part on the link team

>> No.28443389

>>28442110
If I deposited my link somewhere and woke up one day to find the smartcontract/service had been hacked with my linkies gone I’d kill myself 100%

>> No.28443438

>>28443316
>official part on the link team
Thats the problem, kek

>> No.28443522

>>28442763
Yeah this is my default to be honest. Just wait eh.
>>28442904
Why not trust LinkPool? Seem to have close ties with CL team?

>> No.28443541
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28443541

>>28443438
say kek again

>> No.28443671

Don't put your link in other people's hand. They will loan them out to market makers or short link, that's why it's crabbing so much. You are effectively helping them suppressing link. Just keep it safe in your own wallet until staking to be 100% sure.

>> No.28443701

>>28443541
kek

>> No.28444113

>>28443671
Sadly, this. I could probably land an extra >$15,000 a year from lending my linkies, but the risk is too great for me.

>> No.28444256

>>28442330
The Winklevoss twins have never done anything wrong, Mark was always in the wrong.

>> No.28444413

>>28444256
Bancor has a really good setup, single sided staking and impermanent loss insurance fellow marine

>> No.28444992

was considering to, then i found out about impermanent loss
apparently if LINK moons while you stake on defi projects you are fucked

fuck that, not gonna be the guy who missed the fucking singularity for 5%/year
will wait for actual staking. wonder how easy it will be for non-LP holders

>> No.28445058

BNF

>> No.28445550

>>28443313
Gemini has a risk management team constantly assessing their counterparties.
I think it’s smart to have some on a hard wallet, some in brick and mortar instiutions, some in defi platforms.