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/biz/ - Business & Finance


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File: 40 KB, 1116x1116, BonFi.jpg [View same] [iqdb] [saucenao] [google]
29261464 No.29261464 [Reply] [Original]

(Post 1/3)

DeFi is back, and better than ever. Although many DeFi tokens are outperforming the broader market, there are exceptions. Existing within this subset remain undervalued gems whose prices have yet to realize their intrinsic value...

One such overlooked gem is BonFi ($BNF), which dubs itself a "DeFi 2.0" solution. BonFi is a multilayered open finance liquidity mining service platform complemented by the AI powered BonVest, a professional cryptocurrency liquidity mining solution...wow, that's a mouthful, so let's break down a bit further.

BonFi is comprised of both BonVest and BonAI; for the purposes of clarity, I have outlined the primary hub and distinct verticals below:

-BonFi (holistic product): Leverages the advantages of AI, data oracles, and quantitative analysis for liquidity pool and research optimization.

-BonVest (product vertical): An advanced liquidity mining pool solution that leverages AI to optimize cryptocurrency portfolios.

-BonAi (product vertical): BonAi features an AI system, leveraging prediction based logic to drive high end cryptocurrency portfolio decision making.

Effective cryptocurrency investing involves the tedious effort of ferreting out novel value propositions, performing deep dive due diligence on such opportunities, and taking decisive action to accumulate a healthy market position in advance of wider industry awareness. We all know crypto moves at the speed of light, with a week often feeling like a day. By extension, there is simply not enough time to research alpha generating opportunities 24 hours, 7 days a week, not to mention the continual maintenance required in performing an endless number of manual operations to achieve such results -- it's simply not practical or realistic.

>> No.29261491

(Post 2/3)

By infusing AI into its DeFi suite, "BonVest" seeks to revolutionize the open finance niche by streamlining and automating the liquidity mining process. Its ultimate goal is to leverage innovative technology to allow investors to take on a more passive / "monitoring" type role as opposed to one of active management. This is a spin on the Yearn Finance ($YFI) ecosystem, with the added addition of AI to optimize and automate portfolio allocation. As a supplement to BonVest, BonFi's "BonAI" product provides research output based on algorithmic AI inputs; said research can be leveraged to find the next explosive yield opportunities in advance of the broader market.

The team consists of 3 "Core Council" members, along with a number of underlying development and operational staff. Many BNF team members have been active crypto participants since 2016, and all boast strong pedigrees. Team liquidity is currently locked and released in increments on a 3 month basis. To offset team releases, BonFi performs periodic token burns, with the most recent burn taking place this past January. Specifically, 18.75M tokens were burned, which accounts for 6.4% of the current supply! BonFi believes that all stakeholders should benefit from the use of their platform, hence the focus on such events.

You can view the team's locked liquidity on Unicrypt:

https://unicrypt.network/amm/uni/pair/0xeb8195bd9ac4ffd3be2056db1a8e8c66b2708028

I have also included a link so you can learn more abut the "Core Council" for further reference:

https://www.bon.finance/about-core-council

>> No.29261570

(Post 3/3)

In addition to focusing on their Q1 product launch, BonFi has taken the astute step of partnering with several prominent names in the crypto space. Back in December, the team announced a strategic partnership with Nuls ($NULS) and Nerve Network ($NVT); as they progress forward, BonFi has continued plans to expand their holistic partnership reach.

You can read more about BonFi's NULS + Neve Network partnership below:

https://medium.com/bonfiorg/bonfi-announces-partnership-with-nuls-and-nerve-network-9aed17962c69

BonFi's trading liquidity is also steadily increasing, with BNF most recently being listed on 1inch Exchange. Along with Uniswap ($UNI), BonFi is listed on several CEXs, including Bilaxy, Probit, and Bibox.

Sitting at a meager 2.5M MC, BonFi presents an interesting and potentially explosive market opportunity that many seem to be sleeping on. With the much anticipated Q1 launch quickly approaching, there is open runway and clear skies ahead in terms of price potential. Given its low valuation, BonFi could be one of the dark horse DeFi plays that significantly disrupts the DeFi niche. Thus far, I am happy with the team's responsiveness and transparency, and eagerly await what comes ahead.

Take your time, perform due diligence, and see if BonFi's value proposition earns your portfolio an allocation.

Best of luck to all, and happy investing!

*This is free content; I have not received financial compensation for posting this review; I do maintain an active position in BonFi ($BNF).*

**The opinions expressed in the blog are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific investment product. It is only intended to provide education about the cryptocurrency industry.**

>> No.29261911

>>29261570
unironically all in'd today. Not selling til 50c

>> No.29262270

>>29261911
So that was you who just bought 14 ETH? Fucking god speed anon WAGMI

>> No.29262409

POOMP ET

>> No.29262494

>>29262270
i've got ~30 more eth to ape in, just watching what she does

>> No.29262520
File: 5 KB, 250x248, pepe-shooting-star.jpg [View same] [iqdb] [saucenao] [google]
29262520

>>29261464
Based anon

This is it boys, I feel it

>> No.29262669

>>29262494
What made you do it? I’ve got 4 more I’m thinking about throwing in, it does really look like it’s on the verge of a breakout though.

>> No.29262843

>>29262669 .. the low MC + the project narrative; if they can deliver, this will be huge .. the risk / reward is palatable for me

>> No.29262949

>>29262669
Technicals are nice, every whale that exits has been bought up by new holders, also what >>29262843
said, very very palatable indeed

>> No.29263262
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29263262

that's a lot of words

>> No.29263678

Good projects , massively undervalued. Soon it’s gonna be hard to find any projects under 10 mil MC

>> No.29263700

>>29263262
That’s a lot of milk.

>> No.29263709

Holding this for the long term for once
This might be the project that breaks my PnD cycle

>> No.29263739

>>29263262
Read nigger. It means numbers go up

>> No.29263759

So do you pull the rug as soon as i buy in or will you wait a couple hours?

>> No.29263819

ok just got done reading it
might buy a bit when gas decides to stop raping me

>> No.29264028

>>29263819
It’s on a few CEXs I’m sure other anons on here can tell you about. I just bought it on uniswap when the gas was cheaper earlier.

>> No.29264213

Ya I should have gone in yesterday but I did today at 0.011. Im all BNF and gFarm2 now

>> No.29264280

>>29264028
I took cheap 40$ to 50$ gas fees as a sign to buy lol

>> No.29264304

Aped in with a couple ETH. Project looks good and ready for takeoff.

>> No.29264381
File: 2.16 MB, 3000x1818, 1613863985621.jpg [View same] [iqdb] [saucenao] [google]
29264381

Bless you op

Bought a bag today

>> No.29264888
File: 129 KB, 680x672, photo_2021-02-20_19-48-24.jpg [View same] [iqdb] [saucenao] [google]
29264888

Max comfy

>> No.29265516

Posting in this bread before it becomes the next general.

>> No.29266353
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29266353

>>29264888
Comfy mode maximum

>> No.29267067

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.29267211

ATH!!!!!

>> No.29267567
File: 142 KB, 1200x750, 46049515_2187786594795159_3821787179881857024_o.jpg [View same] [iqdb] [saucenao] [google]
29267567

>Just had my first 2x

I've never made so much money before in my life.

>> No.29268213

>>29267567
Don't forget to skim off your winnings along the way

>> No.29268478
File: 497 KB, 654x663, 1612329819315.png [View same] [iqdb] [saucenao] [google]
29268478

>>29268213
will do fren

>> No.29268872

>>29265516 <— nice, let’s see how it goes!

>> No.29270072

Been aware of this for a while but didn’t buy. Should have. I’ll throw in something if it’s still low when I can.

>> No.29270204

>>29261464
how high can this go

>> No.29270741

>>29270204
How far can you see?

>> No.29271820

>>29270204 <— It’s tough to say; it really is contingent upon how well the team can deliver their mainnet solution. I personally trust my gut here. If the team continues to deliver, that would equate to a 5x n the short run, conservatively. If the proper marketing campaign is undertaken, I could see it reaching 10x its current valuation. Looking any further is just speculation.

>> No.29272055
File: 154 KB, 1058x928, mooning.jpg [View same] [iqdb] [saucenao] [google]
29272055

This is what I'm seeing when I look at the chart
How about you guys?

>> No.29272329

How do i buy this? I will get $1500 worth

>> No.29272341

Can you stop fucking shilling this obvious rug pull? Newfags beware.

>> No.29272363

>>29272329
its on probit and uniswap

>> No.29272410

>>29272055
yessir - get in where you fit in.

>> No.29272431

>>29272341
15 seconds of research proves this isn't a rugpull. Nice try, lol.

>> No.29272484

>>29261464
website looks like shit. not buying...

>> No.29272739

I feel like a dump is imminent...
anyone else?

>> No.29272904

>>29272739
I wouldn't say a "dump", a correction yes but not a dump
it's pretty normal for something going straight up
Could still go up a bit more before any of that happens

>> No.29272908

>>29272739
Followed by a buy

>> No.29272997

>>29272739
I hope not, i just bought a moment ago
I plan to sell at 3c maybe 3.5-4 depending how fast it moves

>> No.29273016

>>29272431
Wow I'm sure every ginder that ever rug pulled never said that either

>> No.29273140

>>29273016
if you want to get in cheaper just wait for someone with a big holding to sell lol

>> No.29273348

>>29261464
First time trying to invest in something that's not listed on an exchange. Holy fuck this is is so fucking stupid.
>try to send $50 USDT to my metamask wallet
>get charged a $15 """fee"""
then
>get my $35 in my wallet and get charged another fucking ETH """FEE""" to swap my USDT to BONFI
FUCK
THIS
no wonder people are buying in on BNB
going all in on BNB where I can buy with one click and don't have to fuck around with this fee/metamask/uniswap bullshit

>> No.29273474

i bought 460k of it. Swapping all my gain from api3 for it. low cap, with some potential. 30mio would be 10x.

>> No.29273738

it's going back up

>> No.29273842

Great time to buy in simply because gas just cost me only 22$. Lowest Ive seen in months DESU.

>> No.29273881

>>29273738
if u buy crypto dont care about some waves high and up. wait until the big altcoins channels at youtube will shill this coin. easy 10x. if it is really so disruptive, we see 100mio market cap, that would be 30x.

>> No.29273972

Fucking already in profit!! Usually anytime i buy, it goes down straight away

>> No.29274578

>>29273972
Nice anon, how high do you think we’re going?

>> No.29274693

we need more threads about bnf. all biz people should get a new the change to be early adapter

>> No.29274768
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29274768

>>29274693
Nigger what?

>> No.29274945
File: 30 KB, 501x356, Capture.png [View same] [iqdb] [saucenao] [google]
29274945

ok I bought some with uniswap finally. where's my fucking BNF? It didn't show up in my wallet.

>> No.29275124

>>29274945
You have to add the token. Just go to add token, custom token, then copy paste the coins address into it. Its already in there. Worth learning this shit if you wanna get into defi. I know its confusing at first.

>> No.29275155

>>29275124
thanks. where is the coin address?

>> No.29275237
File: 51 KB, 680x676, 1613366953394.jpg [View same] [iqdb] [saucenao] [google]
29275237

>all these swingies getting obliterated

ah it feels good to HODL

>> No.29275309

>>29275155
https://etherscan.io/token/0x1DE5e000C41C8d35b9f1f4985C23988f05831057?a=0xfd52480b14b611619a863bcc66f14269e45d17e1

>> No.29275341
File: 13 KB, 328x422, Capture.png [View same] [iqdb] [saucenao] [google]
29275341

>>29275155
nvm found it. finally fucking got this shit.
what a fucking process. holding this shit till the moon.

>> No.29276515

>>29261464
How competent is the team? Are they actually on time with their roadmap or are they stalling a lot?

>> No.29276664

>>29275341
o_0

>> No.29276706

>>29276515
They are actually moving dates forward and have been delivering on time up to this point. It white guys and asian bitches on the team. I dont have the picture handy of the team but Im sure another anon in this thread does

>> No.29277793
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29277793

>> No.29277873
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29277873

>> No.29277907

realistic EOM?

>> No.29277916
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29277916

>> No.29278047
File: 425 KB, 1080x2220, Screenshot_20210220-142936_Delta.jpg [View same] [iqdb] [saucenao] [google]
29278047

Comfy.

>> No.29278260

>>29274578
No idea, i was going to exit at 5c but i see a lot mentioning 10c or higher, i guess it depends how long i hold for really

>> No.29278622
File: 199 KB, 1000x847, 1612607244853.jpg [View same] [iqdb] [saucenao] [google]
29278622

>>29278047
jealous of that buy in price
grats anon on your current & future gains

>>29278260
healthy choice anon

>> No.29278877

WHY THE fuck isnt this pumping.!!!

>> No.29279380

>>29278877
it is, but also because a lot of people are asleep right now in many parts of the world
once they wake up, the activity will intensify again

>> No.29279623

>>29278877
It’s up 98% in 24h fucking chill lmao

>> No.29279710

>>29278877
look at the graph lol

>> No.29280049

can someone explain this shit to me like im 5 yrs old/retarded. thx

>> No.29280127

Why the fuck do you guys always shill these coins after they have pumped ffs

>> No.29280250

>>29280127
these threads started when it was .007 & faggots were fudding
the pumps only just beginning, this will pump over multiple days

>> No.29281201

>>29276515
this isn't another trdl, so no. team has been delivering their goals on time

>> No.29282273

It’s fucking going up!!!

>> No.29282342

>>29263262
Pajeets cant type that many english words so you know its legit.

>> No.29282670
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29282670

>> No.29282976
File: 127 KB, 1280x676, photo_2021-02-21_10-29-02.jpg [View same] [iqdb] [saucenao] [google]
29282976

>>29282670
now's the chance to get in. buy the dip

>> No.29283599

>>29280127
It hasn’t pumped yet, tf are you talking about?

>> No.29283677

should i buy the top?
i dont know what to do bros

>> No.29283772

>>29283677
I asked myself this last night when it was hovering at about 0.11 and I still entered
the market cap for this has a chance to grow really good

>> No.29284052

Price prediction? Will it hit 1$ someday?

>> No.29284196

>>29283772
Sir, you are a better version of me.. I did the same last night at 0.011 but did not enter, FML! I was expecting a dip bla bla bla, I aped in this morning at 0.014, that's a $4k difference in profit from 0.011

>> No.29284253

>>29284052
no, not in the near future, I would say 0.2 is possible but more likely 0.15, which is a 10x from now

>> No.29284411

>>29284253
thx just bought 100k

>> No.29285144

look at the whales with their sell orders ready....bros?

>> No.29285916

another dip for a good entry for anyone waiting to get in

>> No.29286135

>>29285916
I JUST BOUGHT AHHHHHH I HOPE IT DOESNT DUMPPPPP

>> No.29286369

>>29285144
one sell order of 12 eth
just creates a good entry point, it'll go back up right to where it was & keep rising

>> No.29286577

>>29261464
OOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.29286730

>>29285144
>>29286135
Thx just bought another 100k

>> No.29286756

my bonfire stays cozy

>> No.29286761

>>29286730
Ty sir

>> No.29286871

>>29286135
A few people in bongland are waking up & seeing they've had nice profits, it's normal for people top sell after a good run
The run isn't over though, that was just day one, this thing will be going for the whole week easily
The Americans are still in bed time too
Once more people are awake, it will become active again

>> No.29287100

>>29286871
I'm american and up at 4am

>> No.29287837

>>29287100
time to buy!

>> No.29287895

>>29287100
Go to sleep

>> No.29288119

$1 when?

>> No.29288368

>>29288119
no idea, but .10-.15 in the short term is highly possible
you never know.. it could go on a massive run like Asko did if FOMO kicks in

>> No.29288569

>>29275341
You better be from pol and not from Reddit you fucking newfag nigger

>> No.29288885

going straight to 2 cents

>> No.29289080

Is there a way to buy this shit without spending 50% of my transaction on fucking gas? Fuck ethereum bros

>> No.29289163
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29289163

>>29261464
Checked

>> No.29289305

>>29289080
if I remember correctly it's also listed on some chink exchanges. bilaxy and probit if i remember correctly. might wanna go there if you dont wanna get raped by gas

>> No.29289608

it's breaching 2c today fellas

>> No.29289969
File: 174 KB, 1200x626, FCCDACAF-7602-4CCB-910E-E6325C1CB1E2.jpg [View same] [iqdb] [saucenao] [google]
29289969

I got in at 0.014 :(

>> No.29289970
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29289970

>> No.29290001

I bought a little over 2 eth more just now
Good dip

>> No.29290069

>>29290001
mad respect fellow maniac

>> No.29290443

>>29289080
just don't be poor lol

>> No.29290450

>>29273348
investing with 50 dollars lol

you put 1k in shitcoins minimum retard

>> No.29290768

>>29273348
You learned your lesson, it's an easy mistake to make as a beginner. Whatever funds you have delegated to crypto you need to go all in. It's scary but it's the only way to start snowballing your portfolio, you need $300 minimum for a uniswap shitcoin and half of that should be saved for fees.

>> No.29290867

>>29273348
>BNB
Have fun buying your chink yield coin scams
Hahahaahahahahahahahahahaaha