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25626569 No.25626569 [Reply] [Original]

>He wasnt accumulating at $2

Actually pretty funny. I mean its just yearn for normies. Its just the first DeFi protocol that will ever see mass adoption.
No big deal or anything.

>> No.25626661
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25626661

Fuck it, let's info dump this bitch.

The only thing related to yEarn we can currently confirm is that yIDLE strategies are now under development (https://github.com/emilianobonassi/yIdleStrategies))

>> No.25626717
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25626717

Oh buy wait, what's this?
>https://debank.com/projects/idle
Idle v4... huh.
So what was the re-design for v1 then for idle?
guess what made it crash to $2.

>> No.25626808
File: 38 KB, 592x330, idlecurvecrash.png [View same] [iqdb] [saucenao] [google]
25626808

Right here
>https://twitter.com/CurveFinance/status/1342442706879057920
So it's assumed v1 is fixed and v4 is on it's way, under audit by quantstamp. Read the bottom.

'What is Idle V4?
Idle V4 is a saving aggregation protocol that allows users to automatically and algorithmically manage their digital asset allocation among different third-party DeFi protocols including Maker, Compound, dYdX, Aave, bZx Fulcrum, etc. The latest version is Idle V4.

The most exciting part is Idle automatically rebalances across different platforms based on user's objective. Idle also has made its rebalancing features public in the protocol level so every one can trigger it. Idle currently supports tokens like DAI, USDC and USDT.

In Idle's latest release, you can choose between its "Best-Yield" plan and the "Risk-Adjusted" plan to maximize your interest rate returns through Idle's max yield strategy or minimize your risk exposure through its risk adjusted allocation strategy.

IDLE is the governance token.

As a portfolio rebalancing protocol, Idle takes it seriously for its smart contract security and has them audited by smart contract experts every month. The latest public audit reports are provided by Quantstamp.'

>> No.25626814
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25626814

I SOLD TWO DAYS AGO FUCK THIS SHIT I'M OUT

>> No.25626858
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25626858

>>25626717
Ok jesus we don't need to tell them THAT much anon.
All they need to know is that a Yearn USDC vault is coming which will see mass adoption as the best place to keep usdc.
Honestly, Idle will be the best place for stablecoins.
DAI and USDS strategies arr being worked on as well.
The smart treasury is also coming, which acts as a buyback machine, using fees from Idles TVL.
Investing in Idle now is a 5head play.
Staking will probably be implemented before Q3, as it was deemed "low effort" by the team.
Integrations will flow in as well, as they've now created smart contracts that aid developers in integrating. The process is now streamlined.
Idle is going to have a nutbusting year.
Anyone can see this.
Dark horse sleeperbuy of this cycle

>> No.25626871
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25626871

Here's this also
>https://twitter.com/fameal/status/1346170228376535048?s=21

>> No.25626877

>>25626858
yes but there still is no need for the coin besides "governance" which is a meme

>> No.25626914
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25626914

ANNNDDDDDDD here' some more.
Do what you will with this information anons. You've been spoon fed.

>> No.25626920

>>25626814
You sold what has the highest adoption potential within the yearn ecosystem, at a sub 5M marketcap?
Hm.. not too bright are ya

>> No.25627042

>>25626914
Okay but explain why there is 12 million tokens not in circulating supply

>> No.25627117

>>25627042
Because emission trickles in as rewards.
When someone deposits USDC for example, theyre earning APY, theyre earning COMP, or whatever Idle's smart contracts decide is most optimal, and theyre also earning Idle. That's how the distribution works.

>> No.25627396

>>25626569
>>25626661
>>25626858
>>25626914
Cringe

>> No.25627955

>>25627396
'cwinge'
shut the fuck up honestly

>> No.25627995

>>25627042
lets say andre says yea we are using idle, okay bunch of people pump it, but anyone who has been farming this shit is gonna sell and its gonna have another crazy dip just like 15>2 but this time itll be 100>5

>> No.25628026

>>25626569
Governance token with no fee share. Farm and dump

>> No.25628344

>>25626877
>>25628026
there's a share of the 10% cut of profits Idle takes
which will end up being shit compared to just staking on Curve itself