I didn't include them because AFAIK nobody was able to buy those at the time of his post...

And at the end of the day they're still worthless crap that will trend to zero vs bitcoin like all the rest.

That's true. Sales for all were before that. But if you bought $1,000 of each of the listed assets at time of ICO, you'd be up substantially.

DOT - 16x ($30 -> $470)
ATOM - 53x ($0.10 -> $5.30)
DFN - 780x (won't hold up when listed but is now based on IOU price)

kaz, just put the guys who troll you on ignore.

your posts are enjoyable to read, even if its just to get a few new things on my radar

the value of what is farmed is worth more than the carry cost of borrowing the tools (usdt/c/dai) needed to farm it. Simplest ELI5 why when u go to yfi vaults and question how 20-70% apy is possible. There is a ton of middleware involved in the yvaults that are also leveraging farming itself and add to APY, but that's the gist of it. Its a huge machine that abstracts a ton of hand wringing for the end user and most importantly-- offers a huge reduction in gas costs because of how liquid they are.

so, as crazy as it is, the yields are real. Those ppl taking out flash loans at 10% on USDT/C are actually making money because their farmed tokens are worth more than the carry cost, gas cost, slippage, etc. Are the farmed tokens actually "worth" that much? definitely not, but a lot of them have clever mechanisms that continue to support its price like governance and token buybacks.

Long term due to arbitrage, competition and likelihood of ever increasing liquidity flows into these assets, APY will trend down, but you can defeat that by upping TVL/AUM (this is wrt to yfi valuation).

laughable to even consider dfinity, a ****ing IOU, as a winner.

given that in actual terms many of the projects discussed in this thread have returned -95% (eg. status, gnosis) what is the actual risk of ruin for anyone that held any of these tokens for more than 2 months?

It's just a poor shame that some of these companies like gnosis couldn't spend all of their treasury money on the conference and convention world tours before they will (soon) get sued demanding recission of funds or a straight return of whatever remaining capital. holders in this position are actually the lucky ones.

Would you rather 100 ETH or 35,000 DFN?

CZ knows what's coming. cefi ded.

CeDeFi is max lolz

bump for Ethereum 2

https://launchpad.ethereum.org/

Thanks for posting this.

Staking seems interesting, looks like what you stake, exactly 32 ETH can't be withdrawn until phase 1.5 which is who knows when right?

But you could withdraw whatever rewards you get from staking?

You gotta do more than just stake. Gotta run a node which seems a bit technical

House,

thanks for bumping this.


Since Kazuya shilled yfi- 9/4/2020 = $22k
today: 9k



dumped his bags on the kiddies again.

Seems like you have to stake, run a node, and vote some % of the time and if you don't you lose some small % of the ETH you have on there.

Also benefits of joining early seem +EV if you're going to do it, assuming I've read it all correctly.

Ethereum needs to get their **** together. There's 0 ****ing reason they shouldn't have reduced reward again considering they are years late with POS and it's been proven that the current reward is WAY MORE then enough considering when the price was $60, the network wasn't attacked. This is why the ETHBTC ratio will continue to fall. The inflation is just stupid.

Makes me really question these guys. If they aren't smart enough to realize that reducing reward, rewards developers and supports the coins built on ethereum instead of chip makers, are they smart enough to complete this unicorn of POS?

?

.

Yfi peak TVL ~1.2b
TVL today ~330m

.


Kazuya lives in the clown world. I report on the real one.

BTC maxi's doing God's work trying to prevent noobs from being scammed. Even if I only saved one it's worth it.

Just watch out, there'll be a new interesting narrative now defi is dead, don't fall for it.

ETH chain splits because old geth nodes apparently couldn't handle a certain type of transaction. Instead of fixing thus bug in a backwards compatible way they just pushed the fix and assumed everybody would update. Infura didn't update because infura valued stability more than other people in ETH do, so Infura got kicked off (or continued) the main chain, however you want to look at it.

Crickets in this topic, because nobody cares yet people argue ETH is sound money, it's such a joke.

It was obvious before but it's even more obvious now that ETH is extremely centralized and dependent on a small number of node providers. This centralization will only get worse because it's inherent in how ETH scales. They bloat the blockchain with all kinds of crap so nobody can keep up with the chain anymore on standard hardware.

Because infura went down, a whole bunch of dapps (or whatever they're called) and other parts of the ecosystem went down as well. ETH is a fragile mess.

GL to everybody in defi though!

Next year when ETH hits 20k

Got to 50% stake for ETH 2 today.

And now its at 100.

I assume if you have over 32 and don't need the money you have to deposit right?

Dem candles tho

Uh wtf, wake up to $900 eth?

Can even find news on why... seems sustainable.

Kazuya come back