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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18198066 No.18198066 [Reply] [Original]

Can I deposit my Link into a CDO for DAI?

>> No.18198074

DAI is a scam sir

>> No.18198118
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18198118

Doesn't look like it. You can go Link to ETH to Dai.
Or get some Maker and put it up for community vote to add LINK integration.

>> No.18198529

>>18198118
Sad. They added BAT recently it seems like Link would be an obvious choice. I get bored of just leaving all my tokens in cold storage with no staking in sight.

>> No.18198535

>>18198066
Sort of. Use linkies as collateral on aave and you can borrow whatever stablecoin or other crypto you want.

>> No.18198556

>>18198535
scary trade to manage right there

>> No.18198560

>>18198535
Is Aave any good? I'm thinking of borrowing Dai to buy more Linkies.

>> No.18198571

you are not real anons. You are the link shill discord damage controlling. you have been exposed

ChainLink considered Security by law group (therefore unregistered)
>>/biz/thread/S15474778

Officially recognized as Pump and Dump
https://i.warosu.org/data/biz/img/0160/08/1571874759314.jpg

Consistent 700 k Dumps
>>/biz/thread/S17178945#p17179007

Sergey's Dad bought Lambo with Investor Money
>>/biz/thread/16609804

Gravel Coin
>>/biz/thread/16126875

MOAB
>>/biz/thread/15260517#p15260517

Remember Confido claiming to use ChainLink?
>>/biz/thread/S4067234

ChainLink whitepaper containing a Computer Science paradox
>>/biz/thread/S18145402#p18150522

SWIFT was a contest winner got to use logo
https://www.coindesk.com/swift-sibos-blockchain-contest-winners
>>/biz/thread/S10555261

CL developer caught lying about r3 corda integration
>>/biz/thread/S16766683

Price of Cup of Coffee was real
>>/biz/thread/14073926#p14074699

First post claiming JSON Parser
>>/biz/thread/S4067234#p4067475

-NO PATENTS
-USES KYC

Finally, LAST BUT NOT LEAST: Money Laundering
>>/biz/thread/S18180769

>> No.18198594

>>18198066
it's called a CDP, and no, don't think about the DSR either it's zero right now

>> No.18198605

>>18198594
Yep the idea was to sell the DAI for more Link of course.

>> No.18198636

>>18198605
might as well set a low leverage long on binance

>> No.18198646

>>18198560
Aave uses chainlink oracles, and it seems to be more stable than the other platforms, especially times of high volatility like we had a few weeks ago.

>>18198556
Overcollateralize your shit and you won't get liquidated. No way i'm getting to a 6 figure link stack with them just sitting on my hardware wallet.

>> No.18198824

#FinNexus officially starts, including pre-planning, finding core members of the FinNexus team, negotiating with fund partners

>> No.18199079

>>18198535
Can I buy more PNK without selling my LINK with this method?

>> No.18199094
File: 909 KB, 537x615, HNWT6DgoBc18GVREvvsnAjfLwLF5qHHFduNHKinqCMtTrR3TDn58CQaeH2CFf2ngitH9eEpkGyQfj944vvrTjwgJMMApquwH5E4jyRFSnzNaGVkpyy2jjRoSZGz.png [View same] [iqdb] [saucenao] [google]
18199094

lol MAKERDAO will never invest in shillcoin projects.

they have a bloodhounds nose for bullshit.

yes BAT is a real project before we ask

>> No.18199250

>>18199079
Yep just put up $80k worth of link to borrow $20K which I split between Eth/Link and used as collateral once more.

>> No.18199398

>>18198535
If I borrow 1k Link do I owe them 1k Link or the Usd value at the time borrowed?