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/biz/ - Business & Finance

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26859843 No.26859843 [Reply] [Original]

DeFi General #1 - STOCKING EDITION
let's redpill our newcomer reddit frens on DeFi and DEX in particular, and how DEX can prevent all those unpleasant things that may have happed to you if you used Robinkike today
btw shill your tokens here

>> No.26859948

I'm making this fucking thread for the 3rd time and literally nobody responds

>> No.26860282

defi is too niche. when uniswap did their airdrop like 50,000 people got it for using uniswap. people just dont really use defi yet. need to onboard normies into bitcoin first, then ethereum, then you can go push harder into defi. your heart is in the right place tho.

>> No.26860308

fucking niggers

>> No.26860465

>>26860282
unequivocally based

>> No.26860631

>>26860282
This. I just used Uniswap for the first time to buy Parsiq...

If you're expecting anyone to go through all of that shit, you're retarded. Someone needs to build an app where the person can link their bank account and press "buy"

>> No.26860921
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26860921

>>26859948
carry on, there's just a lot of mania right now, wait for everything to crash, retail to get robbed and then the general will be effective, promise.
On that note, I'm deep into AAVE rn and obviously, CHENLINK MOUFUCKERS

>> No.26861089

>>26860282
Lots of "returners from 2017" use defi now. You quickly figure it out. I hated ERC20 in 2017 and only invested in pow coins. But this time its different. Defi is fking booming

>> No.26861374

>>26860921
What are the best Defi plays. I stupidly missed buying Aave at $2 and $7.

I have over $1M in Chainlink and have started buying PRQ...

>> No.26861415

>>26859843
VALUEDEFI.io will be the next major titan in the DEFI/DEX space

Easy 50x from here

>> No.26861677

explain what the fuck is defi then I am completely new

>> No.26861706

just gonna leave this here

https://youtu.be/MG7n_gf6Edo

>> No.26861823
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26861823

>>26859843
Thoughts on Opium (aka COpium)?
I bought some and staked some USDC on their USDT protection pool.

>> No.26861890

>>26861677
DECENTRALIZED FINANCE

>> No.26862766

>>26861677
It's a platform that runs on decentralized smart contracts...so instead of trusting some brand like RobinHood, you're trusting smart contracts to handle your money

>> No.26862980
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26862980

>>26861374
Fantom is going places and, honestly, rubic will either be the next big thing or unsuccessful in the end. I'd recommend and sizeable stack of fantom (very comfy) as well as a reasonable stack of rubic because it's going to go up over the year and might explode if it's successful but if not, oh well, sell in a year and you prolly won't lose anything. You may also wanna wait a few days before you buy either because they are both very active news wise so it should settle down a little by next week.

>> No.26863236

>>26861677
DEcentralized FInance.

Instead of having a bank or some other entity control things like who gets a loan, what rates they pay, how much you get from a deposit, etc. all of that is done through automatic software elves. The code is public and immutable, runs on the same network of computers that moves your money around.

>> No.26863355

>>26862980
You've given me 0 (zero) reasons to buy either of them.

>> No.26863515

I need to do a x5 or more to get money to invest for real. What are some good defi coins? AAVE is too late I suppose. I'm thinking of going all in on Badger

>> No.26864139

What should I dump my doge profits in to? Already have fat stacks of sushi, aave, rune, uni, inj...

>> No.26864159
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26864159

btw do you guys know why I chose Stocking as the mascot of this thread?
Because she wears purple and pink and also loves SWEET gains!
Do you know what else has lots of pink and purple and will bring you sweet gains? It's the token I’m going to shill because I bought a bag!
REEF GANG REEF GANG REEF GANG

>> No.26864212

>>26863515
SNX, UNI, AKRO

>> No.26864351

>>26859843
NIPPLE NIPPLE NIPPLE I SEE A NIPPLE JANNY JANNY JANNY COME SAVE ME AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.26864621

>>26864159
Based reefy, 10x EOQ

>> No.26865318

>>26859843
>>26860921
dfd unironically

>> No.26865349
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26865349

>>26863355
You have a million dollars. You can afford a poopoo platter of cheap suicide stacks and you should.
>5k in Rubic
>5k in Fantom
>5k in Uniswap
>5k in (insert other high energy meme)

If you want to use that million to make 10million then no this isn't good advice. If you want to keep your million and stand a chance to make another couple hundred grand in a comfy relaxed way, this IS good advice.

Screenshot this and read it again this time next year.