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58409419 No.58409419 [Reply] [Original]

DeFi's got too many drawbacks, TVL's dropping, and folks ain't interested anymore. Better to check out trending crypto narratives instead kek.

>> No.58409519

I prefer defi because you don't need to go through the mind-splitting headache that Coinbase and other centralized exchanges cause.

>> No.58409599

>>58409419
Ahhh nothing haha

>> No.58409624

>>58409419
You're outdated

>> No.58409636
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58409636

>>58409419
DeFi is actually the strongest crypto narrative around actually.
I mean look at this one, even working on SOL $ese isnt drawing back.

>> No.58409642

>>58409419
>defi or memecoins?

>> No.58409663

>>58409419
Better stop engaging in crypto and sleep

>> No.58409669

>>58409419
>TVL's dropping
This is GOOD though if you're in defi, it means higher APYs for you.

>> No.58409673

>>58409419
How do you know about that? What'$ your basis?

>> No.58409685

>>58409419
I will ask Vitalik for this.

>> No.58409695

>>58409419
Not gonna make it.

>> No.58409715

>>58409419
It's not failing. I'm making money.

>> No.58409722

>>58409419
Think what you think

>> No.58409733

>>58409419
Something is not right, defi is not dead

>> No.58409747
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58409747

>>58409419

>> No.58409754

>>58409636
what a weird way to talk about nft

>> No.58409755

>>58409636
>I mean look at this one, even working on SOL $ese isnt drawing back.
it's not like anything is pumping at the moment.

>> No.58409761

>>58409419
Are you sure?

>> No.58409770

>>58409419
You are not wise to make money in defi.

>> No.58409787

>>58409419
You're shit and not even thinking before posting.

>> No.58409805

>>58409419
>kek

>> No.58409826

>>58409419
What will you do if BTC goes 20k? Defi is ended

>> No.58409855
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58409855

superverse is doing 'alright'. not good, but it's oke. people caught up with crypto games being pure money vehicles and not really made to be engaging or particularly entertaining, staking platforms being quite literally ponzi schemes, etc. not to mention poor people from third world countries got scammed multiple times during 2019-2021 so their dumb money is not comingg in like it used to.

>> No.58409878

>>58409669
That's exactly what I'm thinking too—more rewards for you, and plenty of ways to maximize earnings. Just be smart about it.

>> No.58409901

>>58409770
There are plenty of ways to maximize gains in DeFi if you're smart, Anon. Don't act like a noob.

>> No.58409914
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58409914

>>58409669
I gotta admit, that's what keeps me afloat during the bear market, Fag. It's a no-brainer to put my holdings into work and earn passively

>> No.58409915

>>58409419
Don't count on me.

>> No.58409923

>>58409901
That's exactly what I just said above. I think if people can discover better earning opportunities, they won't be complaining like the uneducated folks in DeFi.

>> No.58409926

I badly need $1.4k for my university admission fees. Today is the last date. I am totally helpless. Anyone feeling generous today may help me out with this?

>> No.58409933

>>58409419
You are boring haha

>> No.58409935

>>58409923
The simplest approach is making a passive income through DeFi.

>> No.58409944

>>58409419
Jesus christ

>> No.58409950

>>58409935
So, what are your thoughts on the liquid restaking protocol, anon? Will it continue to gain popularity and rise?

>> No.58409953

>>58409419
The trending narratives are AI, RWA, DePIN, BRC20, GameFi, Restaking, and AA. Which one should I go for, OP?

>> No.58409988
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58409988

>>58409950
There are many protocols that aim to simplify this, like Etherfi, Renzo protocol, Swell network, and Yield nestfi.

>> No.58409995

>>58409950
It's not friendly to noobs

>> No.58410011

>>58409988
Which one do you prefer? I've been exploring more about this lately.

>> No.58410015

>>58409636
Sol is a solid investment choice, but I've allocated more of my funds to ETH. I intend to restake my ETH on any platform that offers amplified rewards.

>> No.58410020
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58410020

>>58409419
It's over for all of us
Not only BTC, alts and DeFi are dumping, average housing prices according to Truflation are rising too with the inflation rate
It's 2008 again

>> No.58410022

>>58410015
Don't get too greedy, Anon. Always assess the potential returns and rewards offered through restaking to get a clear picture

>> No.58410027

>>58410011
The latter is up to something, I've heard that they provide next-generation ETH Yield with customized restaking strategies powered by EigenLayer.

>> No.58410029

I badly need $1.4k for my university admission fees. Today is the last date. I am totally helpless. Anyone feeling generous today may help me out with $1.4k?

>> No.58410045

>>58410027
Word on the street is that they recently announced the completion of a successful round and raised huge amounts

>> No.58410056

>>58410027
But the mainnet hasn't launched yet. Everything is still on paper, but it looks promising if it's implemented.

>> No.58410064

>>58410011
I prefer the latter because it utilizes LRTs and nLRTs for flexible staking.

>> No.58410076

>>58409953
whats AA whats restaking? is restaking liek yearn?

>> No.58410092
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58410092

>>58410076
Looks like he's referring to account abstraction. Should I also help in spoon-feeding you about restaking? I don't have time for that, Jeet.

>> No.58410093

>>58410064
Let's see how it goes since it hasn't launched yet, but the plan looks promising, especially for DeFi users in the long term, given its focus on security and transparency.

>> No.58410097

>>58410022
Restaking can indeed be lucrative, but finding the right platform can pose a challenge.

>> No.58410104

>>58410093
The emphasis on security with non-custodial protocols & ongoing smart contract audits is what piqued my curiosity.

>> No.58410105

>>58410045
Yet nothing has changed don't be deceived anon
>>58410056
I'll stay informed about the platform until tangible progress is achieved. But hey anon, I still see potential opportunities.

>> No.58410118

>>58410097
That's if you're not conducting research and choose to be a lazy a$$. Otherwise, there are a lot of protocols that offer such services and are powered by EigenLayer.

>> No.58410120

dont u need a fuqton of eth to make money on this? I dont see any decent unpumped coins really

>> No.58410134

>>58410120
You are based, Anon. You need to have ETH to earn higher yield.

>> No.58410139

>>58410104
That's what they should look for, as it will also boost users' confidence in utilizing the protocol.

>> No.58410153

>>58410118
Hey, Anon, I'm all about thorough research, and I'm aware of projects aiming to streamline processes and improve user experiences.

>> No.58410156

>>58410153
That would certainly help boost mass adoption. User experience should be the top priority. The product is useless if newcomers can't understand it.

>> No.58410157

>>58410139
Especially that it offers various use cases including holding assets, providing liquidity, and engaging in lending/borrowing

>> No.58410166
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58410166

>>58410093
I'm curious to see how it evolves and whether it can deliver on its promises. Will be keeping an eye on its development.

>> No.58410172

>>58410156
That should be the top priority. The good thing is Jeets can earn rewards without sacrificing liquidity.

>> No.58410180

>>58410153
I learned its value proposition boils down to three fundamental advantages: simplicity, liquidity, and controlled AVS exposure, Fag.

>> No.58410186

>>58410172
That's how it operates for all similar protocols. The distinction lies in the distribution of rewards and the platform's priorities. That's it.

>> No.58410195

DeFi is getting stronger
it's just transitioning to LSD for a more sound base for the protocols
the most popular financial instruments of old were exactly bond derivatives for a 3%APR
now we have this in eth, with a high correlation with BTC

>> No.58410210

>>58410186
>>58410195
You are all not make it this time

>> No.58410246

>>58410210
It could be, or it could not be, depending on the developers' plans. Plans without action are just empty promises. Just being real.

>> No.58410304

>>58409419
Can't say I see DeFI failing despite a recent attack from SEC on UniSwap.

>> No.58410306

>>58410195
The tech in restaking is also a massive add on to DeFi.

>> No.58410308

>>58410210
What's this NPC wajok saying?

>> No.58410318

>>58410306
It is. This is a good concept. I'm not surprised to see the large deposit on Eigen. I'm glad the cap is unrestricted now.

>> No.58410320

>>58410246
Well said. If you're serious, act.

>> No.58410322
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58410322

>>58410304
Those retards are coming for the commutard.

>> No.58410325

>>58410320
Does this concept have any major setbacks aside from slashing?

>> No.58410373

>>58410097
I know eigenlayer among the top protocols working on restaking. Already seeing the light that other protocols might be crowding that space well.

>> No.58410377

>>58410322
They are destroyers. The try to destroy any tech that they believe will be a threat to them.

>> No.58410380

>>58410373

near ecosystem has taken the same step to integrate this concept. same as Solana, and soon others will join the league, opening the snag for more yield.

>> No.58410384

>>58410377

All they seek is censorship. If they eventually win, others won't have a stand against them.

>> No.58410389
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58410389

>>58409419
What do you think the next trending narrative could be?

>> No.58410409

>>58410373
Agreed, I can't think of any other platforms that fit this narrative.

>> No.58410424

>>58410409
There are many in other ecosystems that bring this to life just to enhance the security of the ecosystem and, in other ways, incentivize restakers with more yield.

>> No.58410428

>>58410409
which of the protocol powered by eigen layer will you consider safe to use? karak, renzo or etherfi?

>> No.58410444

>>58410428
All of them are safe to use, but you just have to find what suits you best.

>> No.58410462

>>58410444
EtherFi is best

>> No.58410468

>>58410444

I'm still exploring, bearing in mind the penalty due to slashing and operator the projects are working with. I learned that yieldnestfi intends to incorporate distributed validator technology to mitigate such.

>> No.58410483

>>58410462
It's one of the most popular protocols I know. This shows the huge interest in this narrative, and diversification isn't a bad idea either.

>> No.58410488

>>58410462
What makes you think it's the best? Have you considered looking at Swellnetwork and Omni?

>> No.58410490

>>58410483
Are you using it for this purpose?

>> No.58410493

>>58410468
Wtf your are talking about, I only need x10

>> No.58410497

>>58409419
Defi dead haha

>> No.58410504

>>58410468
Let's wait and see how it goes once it's launched. There's a lot to expect. Their successful $5.2 million fundraising round is just the start of laying the foundation.

>> No.58410552

>>58410468
Lol, nobody is taking this project.

>> No.58410568

CZ left Binance and immediately said that DeFi is the future

CZ alone can pump the shit out of DeFi TVL alone when he decides to do so

>> No.58410584

>>58410552
You're just outdated if you don't see their progress. Don't be a noob, anon, and don't stay poor.

>> No.58410592

I badly need $1.4k for my university admission fees. Today is the last date. I am totally helpless. Anyone feeling generous today may help me out?

>> No.58410599

>>58410584
I'm not poor. I only talk real and it's even the talk of the town.

>> No.58410626

>>58410599
Can you help me out anon? :(

>> No.58410637

>>58410599
I don't understand but if you simply focus on understanding how it works, you'll likely see its potential and how it can benefit the network, earning rewards in the future.

>> No.58410646

>>58410626
What's your problem young boy?

>> No.58410652

>>58410646
I badly need $1.4k for my university admission fees. Today is the last date. I am totally helpless. Can you help me out anon? :(

>> No.58410928

>>58410493
Everyone needed that at this point.

>> No.58410933

>>58410504
yeah. I saw that. It's going to be worth it, from the look of things.

>> No.58410948

>>58410552
You are such jeet and you lack the IQ to understand what i just said.

>> No.58411317
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58411317

>>58410592
Sure, bud. Here ya go.

>> No.58411759

ok since we have a lot of larpsmart anons here what is the play? better to stake the eth on ethfi or just by the token? everyone know eigenlayer doesn't have a token, is this an airdrop farming play or what is it? Not in it for the tech

>> No.58412501

>>58411759
It seem like it involved all.

>> No.58412559
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58412559

>>58409419
Defi isn't dead you turbo retard. How the fuck do you explain the amount of people buying into IDO's on pinksale or buying link even though the price has been tanking for years? The market is ripe for those who want to take money from it, you're just not looking into the right places.
Man up (or woman up if you're a tr*ann*)