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

/biz/ - Business & Finance

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23296909 No.23296909 [Reply] [Original]

This shit had a ninja launch 30min ago, apparently. 9k eth in liquidity and rollup solutions always do well. No brain buy imo.
>Hermez is a decentralized zk-rollup focused on scaling payments and token transfers on top of Ethereum.
>It can handle up to 2000 transactions per second, and is designed with high-frequency tokens like ETH, DAI, and wBTC in mind.
https://hermez.io/

>> No.23296946

>>23296909
CHING CHING CHONG

>> No.23297028

>>23296946
Nah. Look at this shit.
https://blog.hermez.io/
https://docs.hermez.io/#/
https://hermez.io/hermez-whitepaper.pdf
https://github.com/iden3/rollup
Too aesthetic/organized/serious to be a chink scam.

>> No.23297083

>>23296909
wtf is this massive fucking liquidity

>> No.23297217

>>23297083
I have no clue, I only know that this shit is running. Whales are aping in one after another. Up 10 eth already.

>> No.23297455

>>23297217
this is fucking retarded
nfi dafuq dis shit
but it going parabolic
https://www.dextools.io/app/uniswap/pair-explorer/0x23d15edceb5b5b3a23347fa425846de80a2e8e5c

>> No.23297624

>>23296909
the token has a good value proposition.
To be a validator in the zkrollup network (generating blocks) you need to bid for it using HEZ. The winner can create blocks for a while, his HEZ are burned.
The winner gets to collect transaction fees.
This ensure that HEZ is deflationary.

>> No.23297666
File: 131 KB, 770x1137, 1573638575538.png [View same] [iqdb] [saucenao] [google]
23297666

Whitepaper is an interesting read
https://hermez.io/hermez-whitepaper.pdf
this is actually an interesting project huh

>> No.23297837

If I was a shitcoin gambler I would buy this. First interesting thing on /biz/ since link, but I don't have my ledger here and I've never used uniswap.

>> No.23297904 [DELETED] 

Also, check out the top holders. Binance is literally holder number 2.
https://etherscan.io/token/0x0F5a5b5a2BA791DFE60B64B989Ce3E3d69cBEcCF#balances

>> No.23297911

Quick quick , what is mcap

>> No.23297934

>>23297911
>https://etherscan.io/token/0x0F5a5b5a2BA791DFE60B64B989Ce3E3d69cBEcCF#balances
it's another token.

>> No.23297962

>>23297911
initial 8M according the whitepaper, in the tg they say it's 3.

>> No.23298027

alright im in dont dump on me you cunts

>> No.23298135

Seems promising but ill wait till the price stabilizes a bit before jumping in like always

>> No.23298619

Yeah Ima pass on this, 100M supply diluted, already a 300M cap out of the gate

>> No.23298688

>>23298619
tg nigger said 8mill circulating,
is there any way to check

>> No.23298697

>>23298619
ya plus already $10 million in liquidity, that seems kinda sus

>> No.23298713
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23298713

IM IN BOYS LETS GOOOOO

>> No.23298743

>>23298697
It's definitely not a scam, devs are very well known in ethereum.

>> No.23298756

>>23298743
but how much can it pump to with this mcap

>> No.23298784

People in several private TG groups are bullish af on this one....

>> No.23298827

HERE WE GOOOOO

>> No.23298872

>>23297837
>I've never used uniswap
why are faggots like you even here

>> No.23298873

>>23298743
devs are not anon? i don't see them on the website

>> No.23298912

>>23297837
Bro if you find it that interesting you should throw in a little for shits and giggles.

>> No.23298937

>>23298756
mcap is 24M.

>> No.23298956

>>23298827
It’s still very early.. I’m thinking there will be big fomo with this one

>> No.23298968

>>23298912
as i said I don't have my ledger
>>23298872
just staying up to date on my linkies and general crypto news, also I like to fud shit

>> No.23299070

$10 waiting room

>> No.23299215

Total liquidity:$10,357,560
WOW

>> No.23299567
File: 1.59 MB, 1237x1238, 1579185254044.png [View same] [iqdb] [saucenao] [google]
23299567

>>23298873
it's made by iden3
https://iden3.io/
https://github.com/iden3/rollup
they have 21 developers
this is main dev's github https://github.com/jbaylina?tab=repositories
heavy hitters

>> No.23299586

bought the dip at 2.50
dont fuck me over biz im running out of eth because of scams

>> No.23299610
File: 1.07 MB, 830x1106, 1589547206142.png [View same] [iqdb] [saucenao] [google]
23299610

team looks competent (physiognomy is real)

>> No.23299663

>>23299586
as soon as i bought there are coordinated 40-100 eth dumps holy shit fuck my life

>> No.23299908

>>23299663
I'm convinced I am absolutely cursed

>> No.23299953

>>23299908
fucking 500 eth sells lmao this is the toppest kek

>> No.23300001

rolling for fifths

>> No.23300038

>>23299953
they waited for me

saw it at 2$ and said nah too much green dildo. 40 mins later fomo in and get rekt instantly

>> No.23300046

>>23300038
i did the same bro

>> No.23300071

>>23299663
you just bought the top.

>> No.23300135

>>23300071
top was 3.16

>> No.23300197

>>23299663
calm down few people even know about it.
I looked into who's selling as some are selling at a loss lol. It's like people have ptsd from food farms.
This started at 375 htz per eth, it really can't dump much unless the team itself rugpulls

>> No.23300226

>>23300038
The liquidity is so high that huge sells aren't making much of a difference. They started out with 8000 ETH and within the first half an hour big whales were buying it up so they're gonna take profit at some point. Bare in mind that no info was out then so they seemed to be just gambling.

>> No.23300560

>>23300226
if you had monitored uniswap pools by dextools, you'd have gotten more than enough time to DYOR and buy in first half an hour.

>> No.23300964

>>23300560
I saw it within a few minutes but it took a long time to get confirmation it was a legit project from the team themselves.

>> No.23301414

Bought a bag and going to bed. Dont fuck me again biz

>> No.23301996

looks like both buyers and sellers are spent for the moment

https://blog.hermez.io/hermez-in-depth-the-hermez-token-hez/

>> No.23303072

i'm late?

>> No.23303116

I bought, you can dump now

>> No.23303873

>>23303116
It’s dumping you asshole

>> No.23304111

>>23303873
Well I saw that, ty motherfucker

>> No.23304522

The past 6 weeks have been nothing but rug pulls and instant dumps. Defi bubble is over