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04-24-2021 , 02:11 PM
Quote:
Originally Posted by martenJ
thank you, I think I only did one or two? Anyways, one month is way too long, the game changes every week on ETH. And the best farm on BSC can change daily.

The things I learned recently are:
A) It is pretty incredible how hard APYs can drop when the market goes down. The coins you farm will drop much harder than BTC or ETH.
B) Curve is pretty much unusable if you don't have a 7 digit bankroll when fees are high (100+ gwei), but when fees are non-existent (polygon) or low (50-60 gwei on ETH right now) it is amazing. APYs are even higher than shown on the website if you harvest and reinvest somewhat frequently.

edit: I can make a farming guide for May, but don't expect it to be helpful for long.
Yes pls!
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04-24-2021 , 04:42 PM
I was on my phone at the time but this was the Vitalik rollups article I was referring to. Podcast version here.
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04-24-2021 , 11:52 PM
Quote:
Originally Posted by ZodiacalRelease
I was on my phone at the time but this was the Vitalik rollups article I was referring to. Podcast version here.
Wow there's some reading in there. Very nice website, the simplicity is refreshing, I don't know vitalik but just that makes me interested in reading asmuch as I can.

Thanks
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04-24-2021 , 11:54 PM
Quote:
Originally Posted by kekeeke
I don't know vitalik but just that makes me interested in reading asmuch as I can
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04-25-2021 , 12:11 AM
Quote:
Originally Posted by invictus-1
He's reading and willing to learn. Good for him. Not something to mock or make fun of.
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04-25-2021 , 12:13 AM
Quote:
Originally Posted by ZodiacalRelease
He's reading and willing to learn. Good for him. Not something to mock or make fun of.
alright, that's fair.

kekeeke, vitalik is the creator of ethereum.

https://en.wikipedia.org/wiki/Vitalik_Buterin
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04-25-2021 , 12:25 AM
Quote:
Originally Posted by martenJ
thank you, I think I only did one or two? Anyways, one month is way too long, the game changes every week on ETH. And the best farm on BSC can change daily.

The things I learned recently are:
A) It is pretty incredible how hard APYs can drop when the market goes down. The coins you farm will drop much harder than BTC or ETH.
B) Curve is pretty much unusable if you don't have a 7 digit bankroll when fees are high (100+ gwei), but when fees are non-existent (polygon) or low (50-60 gwei on ETH right now) it is amazing. APYs are even higher than shown on the website if you harvest and reinvest somewhat frequently.

edit: I can make a farming guide for May, but don't expect it to be helpful for long.
Yeah, I'd much appreciate a farming guide. I am tentative to allocate big positions to farming as it still feels like focusing on rakeback in poker; however at a minimum, longer term positions might be best simply kept in beginner-level pools, rather than having so much btc & eth in hardware. If these defi systems black-swan, the eth I have offline wouldn't be worth as much anyway.

As for B) - in my experience polygon is a great way to just get a feel for things. Whether other zk rollup protocols become the "winners of the space", for now it is possible to simply put a few dollars on polygon and learn-by-doing. Pool two tokens for $100 and come back a day later and add more liquidity with the yield, just treat it like a game. Given tiny gas fees you could do this with like a $10 bankroll or less if you really wanted. Either put your assets on aave's polygon offering, or provide liquidity on quickswap. Once you get the hang of it you get more confident, just like playing on various poker sites over the past 15 years. If anyone has better advice than this for learning-by-doing, please let me know.
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04-25-2021 , 12:30 AM
Lol I know vitalik is the founder of ethereum, I mean I never read anything he wrote or any of his opinion or vision.

I had some ethereum when I was first learning about crypto but traded it back to BTC because I didn't like a crypto with a leader. I had a few **** coins I got rid of for the same reason. Could ethereum thrive if vitalik gets murdered tomorrow?
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04-25-2021 , 01:33 AM
Quote:
Originally Posted by kekeeke
Could ethereum thrive if vitalik gets murdered tomorrow?
Yes. Read The Infinite Machine. Obviously it'd be less than ideal. But Vitalik doesn't have the whole program revolve around him. It's community-led. For better or worse.
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04-25-2021 , 02:04 AM
Yes all of the ETH core devs are amazing people who aren't going anywhere. Guys like Tim Beiko and Justin Drake, just to mention two, but there are many other insanely talented people involved with ETH. It's already very much a communal effort.
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04-25-2021 , 09:40 AM
Quote:
Originally Posted by ZodiacalRelease
Yes. Read The Infinite Machine. Obviously it'd be less than ideal. But Vitalik doesn't have the whole program revolve around him. It's community-led. For better or worse.
Quote:
Originally Posted by inspectorgadget
Yes all of the ETH core devs are amazing people who aren't going anywhere. Guys like Tim Beiko and Justin Drake, just to mention two, but there are many other insanely talented people involved with ETH. It's already very much a communal effort.
Aight I'm in, I'll soak up on this as much as I can.
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04-25-2021 , 09:59 AM
Quote:
Originally Posted by kekeeke
Aight I'm in, I'll soak up on this as much as I can.
it does have glowing reviews
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04-28-2021 , 02:50 PM
Wen 3k
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04-28-2021 , 03:23 PM
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Originally Posted by rickroll
it does have glowing reviews
Lmao yeah
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04-28-2021 , 11:23 PM
Quote:
Originally Posted by Biesterfield
hot take: Impermanent Loss most overrated thing in crypto
Asset falls 20% and people are complaining that the IL is "killing them".
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04-29-2021 , 02:22 PM
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04-29-2021 , 04:05 PM
Quote:
Originally Posted by Two SHAE
Two Shae,

Could you talk a bit about your thoughts on staking Eth? Have you done so or do you think the opportunity cost is too high? If so, are you running your own validator or staking in a pool? Which pool do you recommend for more passive investors? I've heard that some pools are issuing staked eth tokens to stakees so that they have liquidity. IS Eth > sETH subject to short term capital gains? Is now a good time to begin staking or do you think there's a better time to do it in the future? If you don't feel like answers, could you point me to some resources that will help me decide the best course of action for myself? Basically I'd be acquiring the ETH now with no plans to sell for years. I'm also a U.S. citizen.

Thanks for all of the time that you put into these forums informing clueless people like me.
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04-29-2021 , 08:56 PM
There's tons of ETH yield opportunities if you're looking.
SharedStake
Lido
Saddle
...
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04-30-2021 , 01:10 AM
Quote:
Originally Posted by Two SHAE
Christ I was buying through all of this too but only $25 a week up until the price hit $600 and then I started dumping every dollar I could get my hands on into it. I've done well all things considered but I feel so incredibly stupid for not upping my weekly orders. I literally set a recurring order in coinbase and forgot about it until I saw it was mooning. Like, the least efficient trader ever. Paid all sorts of fees. lmao
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04-30-2021 , 02:30 AM
If one is already running staking validators on their own presently, two questions:

Can they be collateralized in any way to participate in DeFi?
Is there any way to take present validator rewards to create more validators?

.. Or are they just stuck as is somewhat indefinitely?
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04-30-2021 , 07:22 AM
Quote:
Originally Posted by theskillzdatklls
If one is already running staking validators on their own presently, two questions:

Can they be collateralized in any way to participate in DeFi?
Is there any way to take present validator rewards to create more validators?

.. Or are they just stuck as is somewhat indefinitely?
The staked coins are locked up in a smart contact for a yr, and not liquid. So 1) not that I know of 2) no the rewards go into the staking address and add to that validator
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04-30-2021 , 09:31 AM
What do ya'll make of this graph?



https://twitter.com/skewdotcom/statu...42226459099138 probability of ETH going to values by given expiry dates according to the options market

Everyone being so bullish on ETH now seems to contradict the options markets having it less than 50% chance to reach even $3k on each of May 21, June 21, Sep 21, Dec 21 expiries...doesn't it?
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04-30-2021 , 09:59 AM
Quote:
Originally Posted by bucktotal
The staked coins are locked up in a smart contact for a yr, and not liquid. So 1) not that I know of 2) no the rewards go into the staking address and add to that validator
Thanks Bucktotal
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04-30-2021 , 10:18 AM
Quote:
Originally Posted by ItDoesntMatter
What do ya'll make of this graph?



https://twitter.com/skewdotcom/statu...42226459099138 probability of ETH going to values by given expiry dates according to the options market

Everyone being so bullish on ETH now seems to contradict the options markets having it less than 50% chance to reach even $3k on each of May 21, June 21, Sep 21, Dec 21 expiries...doesn't it?
As a graph I think it is awful, it presents the data in a hard to understand format. Would give it a ‘C’ grade, must try harder
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04-30-2021 , 01:50 PM
Quote:
Originally Posted by ItDoesntMatter
What do ya'll make of this graph?



https://twitter.com/skewdotcom/statu...42226459099138 probability of ETH going to values by given expiry dates according to the options market

Everyone being so bullish on ETH now seems to contradict the options markets having it less than 50% chance to reach even $3k on each of May 21, June 21, Sep 21, Dec 21 expiries...doesn't it?

May isn’t on here? The gray line is September.

Less than 50% probability for a 10% move up for eth by the end of the year seems really wrong though.
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