/biz/ - Business & Finance

Quick question for my frens. I wish I listened to you fuckers shilling at 0.35 but oh well.

Let's say I want to head back to the Ethereum mainnet for coins there. Ride QUICK for a while, then head back to Uni for a bit.

Without talking about fees I am assuming that wETH would be the easiest thing to transfer on Matic bridge?

I already switched my quick to the Matic Mainnet. Just wondering what the best way to hop back and forth may be if needed.

>>29854690
bros how do i buy quickswap? I used the bridge to bridge my eth to matic network... what now

>making a new thread when the other one isn't even at 100 replies

>>29855030
just use quickswap... eth>quick

>>29855030
Just exchange it. What? Anon I’m a retard and even I figured this out

>>29855101
>>29855103
ok bros i know, i know im retarded. Im getting this on quickswap, whats up?

>>29855036
We gotta keep em fresh anon.
And besides i made a sick new OP image.

>>29855147
You have to put the main net info into Metamask.

>>29855147
switch to the matic network

Comfy af

>>29855204
>>29855207
I figured it out right after posting kek, i understand now. Similar to BSC but this seems alot better and less chinky. Thanks bros

>>29855241
enjoy the ez trades

>>29854900
What I posted in last thread in case you missed it:
>The best way to go back and forth that I'm certain about is unwrapped ETH with the Matic PoS bridge. Ethereum -> Matic takes 10 minutes, Matic -> Ethereum takes 3 hours.
To add to this actually, there are a couple of other bridges like Aavegotchi and I think SportX that may be faster and cheaper but only work for a limited amount of tokens. This is still kinda new to all of us so I would suggest DYOR and letting us know what you've found out.

>>29855302
Thanks anon.

>>29854690
I went all in on Matic yesterday

This is what we’re up against with BSC

Absolute embarrassment

>>29855861
kek CZ having a meltdown is bullish as fuck

>>29855861
>Binance Scam Casino

What's the market cap of QUICK?

>>29856099
around 70m

>>29856099
70 million

100x to match Uniswap

>>29855204
this operate on ETH?

>>29856149
If we swallow unicorn sushi and pancakes then we will be quite fat, larger than $10B

>>29856440
Unless QUICK pulls a FTM and absolutely fucks it's own momentum in the next week I see no reason why we shouldn't just skyrocket to a 1B marketcap in a month. Should be an easy 10-20x.

Once anyone uses QUICK once it becomes obvious how much better than Uni it is. Hell, it's better than 1inch and that is only a 10x from here.

>>29856716
whats especially great about matic/quick is that theres no reason to shill. Just use it and you'll see why its undervalued lol

>>29856806
That's what I keep saying: it shills itself. Even the lack of trading pairs is turning into a non-issue as more and more projects are actively petitioning the team for liquidity rewards. Tomorrow's pools are gonna be huge.

>>29857004
What do you think the good play is on Liquidity Pools for tomorrow.

I just bought 20 Quick because I am kicking myself for not listening to when you guys were shilling a week ago. Then I used the exchange and was pleasantly surprised and fomo'd in.

do i have to sent ETH ot the matic network and then buy it on their exhcange?

>>29857524
Probably the best idea. Uniswap has huge price swings for even the smallest of purchases.

why should I fomo it quickswap when it did already x10 in 2 weeks?

>>29857323
Last Sunday, they posted the pairs before launching them, so you had like 5-10 mins to prepare your new LP tokens and spam F5. I got like half a QUICK in the first hour and I entered late.

>>29857524
That's the easiest and cheapest way, yeah.

>>29857665
Move some money to Matic and play around on the DEX before you buy, then ask yourself again.

CZ and Binance been caught doing tons of fake trasactions to inflate gas prices, the war is real and binnance is playing nasty. >>29855861

>>29855861
The SEC would like to take possession of this screenshot.
Promising people to make money from their issued security without a proper loicence to issue said security, ay.

>>29857632
How do you actually transfer to different networks under the same MM wallet lol? I've just released i never tried it.

>>29857827
bridge it, baby!
https://medium.com/@quickswap.layer2/guide-how-to-set-up-custom-matic-mainnet-rpc-for-metamask-transfer-assets-from-l1-to-l2-to-use-3b1e55ccb5cb

Can anyone shill me on trustswap?
I'm too lazy to do proper research right now

>>29858056
Wrong thread guy

>>29854900
If you're both bullish about quick and uni I would just buy both and put them in the quick-uni pool on quickswap desu. You get 1.5% return per day and this isn't going to change soon I think because they've said that the UNI pools will get 5% of all Quick rewards forever.

>>29858186
It's the highest reward liquidity pool on quickswap.
So very much right thread.

yo guys how do the rewards pay out for quickswap token liquidity pools? Are the rewards proportional to how long youve staked + how much youve staked? Also, if i remove liquidity pool before the rewards have ended, am i still eligible for quickswap token reward pay out? First time providing liquidity so confusing. So what im understanding is im getting the fees + quickswap token as a reward for eligible rewards pool right?

I've been watching and waiting, any time now it should dip below .20c and then I'm scoopin' that shit up

>>29858449
The beauty of Layer 2 is you can just try it yourself right now and undo it if you don't like it, no fees.

>>29858573
yes i can see how much ive earned in fees but i dont see how much i've earned for quickswap mining for participating pools. So I'm assuming, if i withdraw before the rewards end, i dont earn quickswap?

>>29858449
They pay out every 20 seconds.
Welcome to the 21st century, anon.

>>29858491
just dipping below now, fren

>>29858894
You need to go to the QUICK page on the site and add your pool to mine liquidity.
You are now not receiving any Quick for your liquidity.

>>29858491
Did you grab some?

>>29858959
Gracias, amigo. Unfortunately I can only buy it off of the crypto dot com app right now, and the lowest it's showing me is 0.2021. fuck it, i'm buying

>>29858995
holy shit thank you. I see now. I cant thank you enough

>>29859208
it's back up again, it must have a 20c buy wall.

I have 10k, I hope that's enough

>>29858959
>>29859199

Ah fuck, my bank declined the card suspecting fraud and I had to confirm it was me and start over again. It's showing me .2031 now, I'm just going to keep refreshing and see how low I can get.

>>29859269
My work here is done.

Some retards on Reddit are saying this has a 500 million market cap already. What.

>>29859510
I fucking hate that. Right now it's .2016 on binance

>>29859532
Fully dilluted that is correct.
But then both LINK and UNI would have a 25 Billion Mcap by that standard.

>>29859532
Polygon is at $620M
Quickswap is at $80M
Redditors are retarded, what's new

>>29859532
how do u see the current circulating supply? I thought that was the market cap too, not fully diluted market cap

My bags are not filled yet :(
Pls back to 300 just like yesterday

>>29854690
Am I a normie for just buying MATIC?

It's way easier for me, I just use binance

>>29859830
i have 9 quick and i'm not doing shit with them either

Bros, i heard optimism mainnet is coming in march and uniswap will be migrating to it. this means uniswap is also about to have low fees. is quickswap just a good short-term hold? is matic still a good hold?

>>29859709
https://explorer-mainnet.maticvigil.com/tokens/0x831753DD7087CaC61aB5644b308642cc1c33Dc13/token-holders

Top wallet is not circulating supply.
The explorer does indicate that it is 87.08% of the total supply.
So that would make the total supply 975566 QUICK.
With 126010 in circulation.
This makes fully dilluted Mcap 516 Million and Mcap in circulation 66.7 Million.

>>29859985
Uniswaps fees are still going to be stupid high.

>>29859985
Uni needs to move quick, i'm sure they're shitting bricks about this. But yeah if UNI moves within a month from now it could be problems.
But every day that passes, 10+ Million liquidity is going to flow in Quick and it's only going to accelerate.

>>29855485
I did today and kinda regret not getting some QUICK.

>>29859985
It's a ticking time bomb for Uni. Every single day more tokens are mapped, more dApps are launched, more pools are added. And Uni continues to stagnate. By the time they launch, Matic will have a well-developed ecosystem that can stand on its own.

>>29860043
It's just 1 million minus top wallet. Circ supply = 150,444

Is there any way to get some cheap maDAI?
It costs 11 USDC to get 10 maDAI on quickswap.

MATIC and Quickswap should have a pretty strong correlation as far as price goes right?

>>29856242
Matic is layer 2. It's basically a separate network that's linked to the ethereum blockchain, and only uses ethereum for arbitration. Whatever the fuck that means. From what I can understand it's like BNB/BSC except it's backed by eth so it's a little less scammy

>>29860446
Just as much as ETH and LINK imo.

>>29859985
Quickswap has the first mover advantage. If uniswap is quick then maybe they'll maintain their lead but quickswap can build up a lot of momentum and just become synonymous with cheaper fees regardless of whether or not uniswap becomes competitive.

>>29860436
maDAI is interest-bearing so it's worth more than your regular USDC

>>29860446
Yeah, it's like BNB and CAKE except good

Just bought some matic on binance. If I don’t have ETH for the fees can I just leave it there? Or would transferring to metamask and swapping for QUICK be better?

>>29860652
yeah but where do people get it?
There must be another source than just quickswap.

>>29860717
They're available on uniswap but the liquidity is low iirc since the vast majority is on quickswap

>>29860717
maTokens are a very special breed of token, you can only get them by bringing aTokens from AAVE through the bridge. It takes some time to understand but when you do you'll shit bricks
https://twitter.com/lemiscate/status/1361391939782860802

>>29861001
Basically it's like this: when you swap USDC for maDAI, you're basically depositing into the AAVE machine without providing collateral. While you hold your maDAI, the AAVE machine you 'deposited' in generates interest on your maDAI, which makes the market set a higher price for it. You can sell it for more USDC than what you put in on the DEX, or you can simply bridge it back to Layer 1 and collect the interest generated by AAVE... Without paying gas fees or exposing yourself to exploits.

>>29860658
you can stake there for 30 days, it doesn't pay much, but there are no fees moving in/out

>>29861001
This shit is getting so fucking abstract it must be good.

>>29860658
If you just want MATIC you can leave it on Binance (generally not a good idea to leave money on exchanges, but that's up to you). You will need some ETH to bridge to the MATIC chain and buy your QUICK on Quickswap. If you wanted to do that, it's probably cheaper to buy ETH on Binance, transfer everything to Metamask, then bridge everything to Matic.

>>29861307
It'll blow your mind once you understand. You can literally get interest + swap fees + liquidity mining rewards at zero risk on your USDC right now while barely exposing yourself to smart contract failure. It's completely bonkers and I have no idea how AAVE kept it a secret for so long

>>29858573
>>29858916
sounds too good to be true

>>29861425
Need ETH to go to Matic chain, not to use Quickswap

Bros I got banned from the Telegram

What is the use of MATIC?

>>29861712
Proof of Stake token and needed to pay for gas

>>29861588
What did you do?

>>29862046
Was posting the real market cap because people kept saying it was 500 million. Admin started reeeeing about how there’s 25k on L1 for some reason and I told him who fucking cares and called him a retard kek

I currently have 10k matic.

Do I buy another 10k matic or 1-2 Quick?

What do you think frens? Im a poor fag for reference

>>29854690
Is liquidity mining with small $ amounts worth it here with impermanent loss risks?

>>29861489
>You can literally get interest + swap fees + liquidity mining rewards at zero risk on your USDC right now while barely exposing yourself to smart contract failure.
I'm dumb, give me a guide on how to do this.

Boys, so here's the thing:
There's 150k QUICK in circulation.
There's 25k QUICK in liquidity pools on Quickswap.
There's 1.33k QUICK turned out to liquidity providers on quickswap.
Those liquidity providers can do three things.
Hold QUICK.
Turn it into more liquidity by selling half and providing liquidity of a QUICK/pair
Turn it into more liquidity by selling it all and providing liquidity of nonQUICK pair.

What is the gigabrain move here?

>>29862205
Kek. Based.

>>29862252
Get USDC on matic, swap half for maUSDC.
Pool
Liquidity mine pool.

>>29862252
>get on Quickswap
>convert half your holdings into USDC, the other half in maUSDC
>you'll end up with less maUSDC than USDC, but don't worry - that's because some interest has already accumulated on the maUSDC
>enter them into the liquidity pool, click add liquidity https://quickswap.exchange/#/pool
>stake your LP tokens in the top pool here
https://quickswap.exchange/#/quick
Congratulations, you are now making literal free money. Remember to restake every Sunday when pools change. Don't do this if you'd rather ride the bull run some more.

fuck I don't know whether to wait for a dip or just buy more now. The chart looks healthy no parabolic movement for now.

530 BROKEN ON QUICKSWAP
ALERT
ALERT
530 BROKEN

$800 in 22 HOURS INCOMING

>>29862559
get comfy and DCA in since we don't get raped by gas fees here on Matic

>>29862205
Hah, I just read your convo.
Sorry about that man, what they're saying is that the matic explorer that I linked >>29860043
only explores what is on the Matic L2 layer.
So this only shows 975k Quick on Matic and they were saying there's an additional 25k out there on UNI that is not taken into account by this explorer. So this 25k on UNI should kinda be added to the 126k of my post.
Anyway...

>>29862819
>additional 25k out there on UNI
additional 25k out there on ethereum*

>>29862819
Yeah I don’t see why he cared. Dude deleted some of my messages and got butthurt about cyber bullying

>>29862559
Go with DB, dark build v2 built on MATIC,
4 millions Market cap, only 10k total supply

I hold MATIC, but where does RBC stand in all this?

>>29862887
>gets his mistake pointed out to him
>doubles down and insults people
>gets butthurt for being kicked over it
ah /biz/... never change

>>29863093
I knew there was another 25k. It didn’t matter for the post.

>>29862887
will take his short fuse into account when i'm talking to him.

>>29863071
Rubic pairs are gonna enter the reward pools tomorrow.

>505

AHHHHHHHHHH

Just used quickswap for the first time and fuck me those fees are refreshing. IN

I bought the top right

>>29863722
just hold anon it will be fine

where can I buy such a fucking coin

>>29863722
I hope we didn’t.

BTC just shit itself again.

>>29863722
EVERY FUCKING TIME I BUY THE TOP AHHHH

>>29863863
Btc never fails to shit its self as soon as buy. Just buy the bot bottom and decrease your cost average

AHHHHHHH

i just bought more matic

>>29864210
All my other positions are delegated and I would have to unstake. Time to wait a week again I guess.

Fuck Bitcoin.

Mother fuck this was just about to break out to 1k and the entire market shits itself.

>>29864409
Third time this week this has happened to me.

I fucking hate my life. Go from knocking on new highs to exploring how low our support is all because miners decided to flood the BTC market.

>>29864409
Don't worry.... soon... soon...

What's a good entry point for matic? 0.15?

>>29864687
literally right now is a good entry

How much MATIC is make it stack?

>>29864808
500,000

>>29864886
Fuck it, all inned my poorfolio. 430k MATIC. Been a while since I've felt this excitement from crypto.

>>29865066
I hope you make it fren. I have 20 QUICK because that is all I can afford right now. I am hoping this does it's 5-10x because then I would only have to get 2-4 more to feel comfy this year and prepare for the next bull market 3 years from now.

gonna buy when it dips back to sub 100$

>>29865189
Thanks anon, hope wagmi

>>29864886
I.e. normies priced out already

on no oh no no markets crashin, nah no. Its in the name. Easy money innit, seems logi

>>29865280
desu that is the make it amount for 2 weeks from now

If he wants to wait a bit longer he can get less.

I'M FINANCIALLY RUINED

>>29865066
This man knows how to live. Good luck anon.

t. 140k Matic chad

>QUICK holding in the storm at $486

Hold me frens. We are all going to be okay. We just need to weather the next 22 hours together.

>>29865615
with frens anything is possible

Bouncing back nicely.

I just realized a really fucking bullish thing about Quickswap. Hear me out lads.

>Americans can't use binance or any other good CEX
>Americans want to buy altcoins
>Americans need a better solution than UNI
>Right fucking now

This is a good and very bullish angle imo

>>29865730
henlo
fren
it's stormy out here
let me in

henlo?

>>29865831
>80M MC

>>29865831
Once btc stabilizes, we hit 1k in 48 hours.

>>29866147
>Once btc stabilizes


:shrug: Not looking like that happens anytime soon lel

>>29863857
On Quickswap.
https://medium.com/@quickswap.layer2/guide-how-to-set-up-custom-matic-mainnet-rpc-for-metamask-transfer-assets-from-l1-to-l2-to-use-3b1e55ccb5cb

>>29862454
This is interesting to me, but I only have about $250 left to spend on crypto for the next couple weeks. Is it worth it to put into the pool if I only have a little bit of it?

I have 25 Quick. How long before we see a 2x in price boys?

>>29863722
lol me too. bought at $540

>>29866454
The combining liquidity rewards and liquidity fees, the pool pays 0.75% per day.
So just come back every sunday, change your quick back to usdc/usdcma and you'll gain 5% per week. (this is not counting the AAVE rewards on half of your stack which is about 10% per year).
The only problem is that you need to pay about $20 to bridge it to MATIC L2

>>29865833
what is it

I (want to) feel like this is the bottom. Got another 2 eth to throw in but could dip lower.

>>29865066
I only have 10k...

>>29866578
1 week.

>>29866761
I need it to dip lower or I'm gonna kms

>>29866720
The fees are so low that I think I'm going to just DCA into a fat stack of this.

>>29866862
I caved. It could crab for a bit and go lower but fuck looking at at charts all night.
I'm 70% in quick now
If you're here this early yagmi.

kinda want to buy some more MATIC, i'd have to sell some BNB though

Holy shit bros I just used QuickSwap for the first time and jesus fuck.. I left it as the default gas just so I could see how long it would take, and it was done in 2 seconds. I used like 0.0004 matic for gas, and I only payed ~$20 worth of eth to transfer my money onto the matic mainnet. This is actually UniSwap V3 already holy shit

>>29867182
Yep. I've swapped/pooled/etc like 20 times now, still haven't spent 1 penny.

>>29867182
Welcome fren.
Yes we made it.

100K matic chad reporting in.

Post stack
>0.1 MATIC
>25.5 QUICK

>>29867399
140k matic chad
9in cock

>>29867399
50k MATIC
72 QUICK

about to yolo with 300 quick

>>29867566
Based

>>29867566
Just don't make the mistake this guy did buying 200+ on uniswap.

>>29867399
I have a strangely similar stack
>29 Matic
>25.3 Quick

>>29867785
Lel... He will make it back though

>>29867785
Yeah I was thinking what the fuck that was
What exactly did he do wrong by buying on uni? I get that its cheaper on QS but wtf is that candlestick?

>want to throw another 20k in
>only thing I feel comfortable with is moving my 10k GRT
>but it's delegated

I hope my 20 QUICK is enough to maybe not make it, but maybe make it to potentially make it

>>29868051
There is very little liquidity on Uniswap.

can I send matic from binance to my metamask wallet (matic mainnet configured)?

>>29868051
Low liquidity plus he got front-run by a bot, it swapped 25ETH in just before his buy went through, making him buy at higher prices

>>29868051
Low liquidity and UniSwap is unbelievably slow in comparison to Matic. There was a Bot on Matic net that front ran him by like 20 eth and had plenty of time to spare.

Is it worth staking MATIC?? Gas fees?

>>29868301
Never staked on matic but can't imagine any potential fees are anything like normal eth fees.

>>29868301
gas fees are like $0,00001 cent for anything

>>29854690
if i want to purchase this from fresh USD would be best way be
wyre>metamask>quickswap>metamask?

>>29868652
transak or ramp, get USDC or MATIC (whichever one has lower fees) directly onto your Matic mainnet wallet

>>29868652
There are fiat onramps sreaoght to matic i believe

Does anybody have experience getting Eth off of the matic mainnet? I heard it takes a while. Are they working on speeding it up?

>>29869104
I am hearing it just takes a couple hours. Feel like that shouldn't be too bad.

How do I get on MATIC from BSC?

pls stop shilling this. i can't buy any yet :(

>>29857004
fees to unlock - .000046 MATIC
fees to unlock on 1inch - .03 ETH
fees to unlock on uni - .02 ETH
Not to mention the swaps clear in 2 seconds.

>>29869617
BSC and MATIC are two different entities entirely. BSC is it's own blockchain, while MATIC is built attached to the ETH blockchain. You'd have to transfer from BSC to the Eth blockchain, then use the bridge for Eth->Matic. There isn't yet a bridge from BSC->ETH(MATIC Net)

why is hodling matic so comfy bros?

i had my doubts but holy crap the fees are almost nonexistent on MATIC

transferring eth n matic over takes a little while tho

>>29869867

cause it does everything the other top 50 shitcoins say they want to do in the future

and it's solidity as well

and it has the benefits of both ZKS and Rollups, making optimism and zks chains obsolete cause they need to transfer to the daddy layer and back and eat layer 1 fees

people don't understand that yet but brother

they will

>>29863254
Where did you hear this?

>>29869960
yeah it says 7-8 minutes but it took like 15 for me. I literally shit my pants sitting in my chair the first time I did it.

>>29869867
my comfort levels are soaring

>>29867399
>1800 Matic
>1 Quick
>$2k usdc/maUSDC LM

im a retard so it took me a few mins to work out how to use quickswap but holy shit im suprised how fast and cheap it was. thank you for whitepilling me OP

NEW GENERAL:


>>29870388
>>29870388
>>29870388

>>29870388
>>29870388
>>29870388


NEW THREAD

NEW THREAD


NEW THREAD

>>29870312
>yeah it says 7-8 minutes but it took like 15 for me. I literally shit my pants sitting in my chair the first time I did it

Oh bro, I had to bump gas on my second transfer across the bridge. It still wasn't coming through. Every time I'd click the TX it would say complete and not link to the duplicate TX. Thought for sure I lost my stack. But alls well.