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/biz/ - Business & Finance


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File: 726 KB, 1989x1989, asko glow.jpg [View same] [iqdb] [saucenao] [google]
28156425 No.28156425 [Reply] [Original]

Apart from all the hype, let's get to some interesting tech facts.

ASKOLend is a decentralized finance protocol that allows people to lend and borrow crypto.

You can compare ASKO with AAVE. (6B Marketcap, Lending platform)
_____________________________

What speaks for Asko?

- AAVE has 23 assets listed, ASKO will list up to 40 tokens at launch, 20 with collateral.
> Ok guys: aave, maker, comp, uni, snx, sushi, yfi, ren, crv, 1inch, ampl, bal, rsr, knc will all be on Asko lend depending on their locked liquidity.
- In Asko you can choose between a high risk pool with a change to be slashed, or a lower risk pool with no chance. -> The rewards being higher in the slash-risk pool
- Tierlending with different risk categories is one big difference from AAVE.

Apart from that, the coin is sitting at 12M MCAP. AAVE is at 6B MCAP. (Jesus christ)
Let's say Asko is only 5% successful: 5% of AAVE is a x30 from now.
_____________________________

Some very comfy bullpoints:
- Devteam is dOrg. (Developer of The Graph, Compound and tezos). -> Every coin they touched went over 1B Mcap (Proof: https://twitter.com/dOrg_tech/status/1303258902977564672))
- Code is fully audited and passed security audits.
- CEO is from US and very based.
- Mainnetlaunch and AVOLEND launch ist in the next days.

Conclusion:
Buy in, this is probably the biggest gem right now. Get a bag asap.

Remember (we are still super early) :
-Still no TOP 10 CEX Listing (Only nerds can buy it right now)
-Still no youtubers shilling it
https://www.dextools.io/app/uniswap/pair-explorer/0x63804d757b5b7c43509fded8f7ce10cc0bac2ae0

The mechanics of ASKOlend:
https://docs.google.com/document/d/1fS9wwntBEjZHbkSYF_D009b0BvJNjCdOfXnmx8BeyNU/mobilebasic

The coming marketing campaign:
>They have partnered with a marketing agency. Check them out
>x10.agency

>> No.28156476
File: 10 KB, 246x205, shocked_smile03.jpg [View same] [iqdb] [saucenao] [google]
28156476

>>28156425
potential scam thread detected. scam coins are made or shilled by stinky curry pajeets and include but are not limited to: RBC, HOGE, SHIB, BAO, XSG, COR, ASKO, REEF, MCDC, GRT, AVAX

how to identify a pajeet scam coin on /biz/
1. multiple threads about it exist concurrently, they generally make 5+ threads an hour.
2. custom memes with coin logo photoshopped into them - pepe, wojack, anything they think is trendy.
3. threads start with typical psyops:
FOMO - "why didnt i buy in sooner?", "its 10xing soon!"
False FUD - "is X coin a scam?", "you guys said X coin would moon!"
Red Herring - "shill me one of your coins", "am i gunna make it?", "what coin will 10x soon?", "i lost all my money to scams!", "give me advice"
4. posts involve screenshots of coin in wallets, big $$$ portfolios, more false-FUD, claims of reddit AMAs, white papers, T-shirts, more FOMO, etc.
5. coin is often new (or dead), rarely on any real exhanges, looks cute (ie BAO) or sounds funny (ie $CAT coin)
6. many times they will pose as whites who hate pajeets, posting pictures of white hands and faces, insulting themselves (it's quite funny to watch).

how do pajeets scam?
They use discord chats and telegram to coordinate pump&dumps/rug-pulls.
They use VPNs so one pajeet can pose as multiple people in a thread.
They use exchanges and algos that obfuscate their trading; creating fake wallets, artificially high volume, split and mask their orders and sells.
They are sometimes paid by the coin creator or shitty exchanges to shill and promote (and possibly rug-pull later on).

you will never be white
you will never be rich
your village will starve
your hands will never be clean
stay impoverished
stay needful

>> No.28156552
File: 393 KB, 1377x1181, 3501E307-542F-43BE-A810-E2F46BEACCCD.png [View same] [iqdb] [saucenao] [google]
28156552

For those that want to check out the new webdesign: https://www.figma.com/file/om3dnZYygVp61SR3H032Az/ASKO_design?node-id=0%3A1

>> No.28156630
File: 84 KB, 606x1280, D464C936-FB88-4EEE-B324-FCD33F835ADA.jpg [View same] [iqdb] [saucenao] [google]
28156630

Marketing campaign.

>> No.28156797

I own a lot of this coin and I'm extremely bullish on it but I've gota clear up an error you made in your post

dOrg are not the team they just built the lending platform for the asko team

>> No.28156830
File: 167 KB, 1332x1142, 7621632C-0CEC-4653-ADAB-366F719064BF.png [View same] [iqdb] [saucenao] [google]
28156830

DYOR anon and check new litepaper

>https://docs.google.com/document/d/1uakQJhLwbqm55ibUP5eIJuANIxLYcQ6QqF2E3Y-ecE8/edit

>https://github.com/AskobarNetwork/Askolend/commits/develop
all commits made since september till 8h ago made by d0rg dev
>https://github.com/benefacto

Built to wrap any cryptocurrency within xDai’s network, Asko Reserve provides any cryptocurrency with scalable interoperability, and access to xDai’s network. On xDai’s network, there’s a growing number of layer 2 dApps. In order for there to be an audience for them, xDai’s network could benefit from additional liquidity.

>> No.28156963
File: 373 KB, 880x926, askochad.png [View same] [iqdb] [saucenao] [google]
28156963

>https://github.com/benefacto
this handsome gentelman is /ourguy/ from d0rg who wis working on asko. You can check all the commints since september till 8h ago
>https://github.com/AskobarNetwork/Askolend/commits/develop

>>28156797
semantics. but valid point

>> No.28157042
File: 58 KB, 1280x720, 78BAA1DB-D02F-49B4-929A-A120CB1DA608.jpg [View same] [iqdb] [saucenao] [google]
28157042

>Audit Reports
https://www.quillhash.com/
https://github.com/Quillhash/Audit_Reports

>> No.28157197
File: 274 KB, 750x1334, 163A6870-BEB0-43A7-9C72-ACD7D086B3A2.png [View same] [iqdb] [saucenao] [google]
28157197

Screen grab of some of the initial listings

>> No.28157241
File: 103 KB, 605x728, Screenshot 2021-02-09 051408.png [View same] [iqdb] [saucenao] [google]
28157241

>>28156425
How do I buy without paying literal 200% gas fees?

>> No.28157396

>>28157241
be willing and able to spend more eth

>> No.28157486
File: 92 KB, 903x1280, 41C55EBB-B001-4D8B-83CC-603DD9684DC8.jpg [View same] [iqdb] [saucenao] [google]
28157486

>>28157241
How to buy

>> No.28158292

OOOOOOOOOOOOOOOOOOOO

>> No.28158947

so... nobody talking about this?
>>28156476
like... for real?
maybe its a scam after all
if i manage to break even, im out

>> No.28159079

>>28158947
naw im pretty sure this is just a sign that the risky half of biz has already bought. the risk averse half of biz will fomo next pump