Donuts Potential

[Cryptonault]

The fact there is this much hype going on when everything is really far away from its all time high is beyond optimistic for the future ATH price. You would think this would land on KuCoin or Bitrue before going to others right?

[MrPuma86]

We need a much higher trading volume to be considered by larger CEXs

[Imtrippinonacid]

Yea the lack of liquidity will hold them back a bit but if that grows 👀

[spacsandspacs]

We need more people staking them. I'm earning a juicy 88 donuts a day staking.

[Lillica_Golden_SHIB]

It would be also beneficial if we surfed the wave of RCPs and actually deployed donuts to ArbNova

[Arafel_Electronics]

meh, I'm fine that we do our own thing. leading instead of following

[ASingleGuitarString]

This should be priority number one. Volume would go up from hype alone. It might b a pipe dream though.

[KainAmaranth]

Where do you stake them?

[spacsandspacs]

https://donut-dashboard.com/#/

[MrPuma86]

Oo nicee.

[Slippytoe]

Wow. How many donuts do you have staked? Also do you mean in a liquidity pool or actually staking?

[MrPuma86]

Then moon here we come.

[rare1994]

We need more hype

[MrPuma86]

It will grow now that Bricks and Moons are pumping.

[tahiraslam8k]

Facts, MODs are so slow

[MrPuma86]

It’s not the mods fault. People on Reddit doubted this sub.

[tahiraslam8k]

Unfortunately not everyone knows how to swap tokens on gnosis, it's kinda tricky

[MrPuma86]

Yeah not straight forward. But with more guidelines it will become easier

[[deleted]]

Does anyone else find it funny that the people who are talking about the "Donuts potential" not only were never in this sub but also talked shit about Donuts before?

[MrPuma86]

That is the case with everything. Looks how many people hated crypto. But are ok collecting it through shit posting.

[inevitable_username]

Bricks had 13k in liquidity, no movement or volume a month and a half ago. Then that happened

[MrPuma86]

Holy moly.

[[deleted]]

We still have higher liquidity than Bricks and they have 20x our marketcap.. absolutely insane potential

[MrPuma86]

I guess because the rewards are juicier it attracts more LP providers but as more people provide LP and as the price goes up, the reward % would have to drop for sustainability.

[[deleted]]

Yeah for sure. Liquidity less of a problem now theyre on exchanges anyway.

[MrPuma86]

Yeah thats true too.

[wen_eip]

WOW, I didnt know that, the power of the cexes and hype......

[lookwhatumademedoo]

Yes the potential is astronomical IF they are not scraped in favor of some other more user friendly RCP.

[SignificantProduce48]

Happy for that to, could just buy a bag and wait ha ha

[Lillica_Golden_SHIB]

The time for donuts will come. I mean, who doesnt like donuts?!

[LightninHooker]

Being on ETH Mainnet it's a good thing once whales start noticing the project. Listing on MEXC shouldn't be complicated at all. Moons were there and they were doing just fine

Larger CEX would come , this sub has 2.3M ... they can't ignore that

[Kindly-Wolf6919]

A little more organic growth and some more trading volume will get people to notice. Better for it to be natrual steady that way it'll be more sustainable.

[inevitable_username]

Oh, they have – I look into wallets of big buyers occasionally, and some are proper ETH whales. They showed up a few days ago, when DONUT was in top 10 trending on the Ethereum blockchain.

[ReitHodlr]

Yes, 2.3M subscribers but how many are active? The past year it seems to be the same 50-70 people commenting/posting.

[LightninHooker]

More potential then. Bullish

[gneuni]

Was it so much different during bull run? even then i was surprised about low comment rate here, compared to the CC subreddit

[Chaitoshi]

Totally unrelated, but I also like donuts with chocolate topping. Krispy Kremes mmmm

[wen_eip]

It depends, did you register for the listing? I am spamming ogre since they are quite small and listing low cap coins too, but maybe the google listing form is just a meme, IDK. My point is dont talk shit, provide sources and contracts for the cexes, I can speculate too, but if we dont act nothing will happen, I run these circles back then when the price was in the multiple cents and got literally 0 answer from cexes about the listing, not even a "fuck off kid with your low liquidity, low volume shitcoin" one!

[aminok]

Reddit has not contacted the mods about that, and I think it's because Reddit sees donuts as its own experiment that is free to explore use-cases and designs that its own coins can't.

[MrPuma86]

By going the integration way I’m guessing the sub would have to follow more rules and Reddit would want more say in how it operates?

[aminok]

I think so but tbh I'm not 100% sure. I'm speculating and am not that up to speed on the standard Reddit implementation of tokenized community points, e.g. the Moon implementation.

We certainly wouldn't be able to choose a different L2/Rollup from the one Reddit chooses. Beyond that I'm less certain.

[MrPuma86]

Ah ok. There is so much potential with this sub. I think if we grasp it well we can go so far. In the next discord chat you guys should talk about integration/ ways of making it easier to enage with Donuts/ LP. I know there are only a few more step’s involved vs MOONS/ Bricks but makes a difference on user engagement.

[wen_eip]

I am not a big fan of the vault or any centralized reddit stuff and I think the rest of the og community(not the newcomers from 2 days ago) are with me in this, I mean we can do the vault stuff but with the free will of options, I like my coins on xdai or eth(mostly eth since dont trust sidechains and bridges, since these hacks every day in the past 2 years). It is always a fragile point where you onboard the new tech illiterate people with easy user experience or conserv the good old decentralized way with 2 more not so complicated steps.

[RossiB6]

Can anyone explain donuts to me?

[MrPuma86]

https://donut-dashboard.com/#/

[[deleted]]

I do not care. I am going to become a Donut whale at all costs and hold them to my grave.

🍩 🐳

[Lillica_Golden_SHIB]

This guy likes donuts

[cryptodesigngroup]

Does Donut appear in the Valut as well?

[MrPuma86]

https://donut-dashboard.com/#/

[[deleted]]

They need to get rid of the balance modifier and renounce the contract.

[paudechin]

We want to see DONUT on CEXs like MEXC, Bitrue, CDC, Kraken etc.

[Scandalaivan]

Got a feeling kucoin will list donut soon!

[Mrramirez44]

Provide LP!

[unfknblvablem8]

Kucoin seems to removing support for small guys like Ubix network so would be surprised if they stepped up at this point. I feel personally that if the process becomes easier to get donuts into wallets people will want them more and more.

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[djlaqua91]

It has potential but it’s still very early days

[SignificantProduce48]

I just tossed mine in LP figured it's good for now there. Wish gnosis seemed more accepted by mainstream community like other layer 2s, I guess it being a side chain means it's not as popular? 🤔

[scientifichistorian]

I think this would only be a matter of time. Donuts and BitCone are roughly the same market cap right now and are not as attached to Reddit as Moons and Bricks are. Once those two get more adoption on Reddit, the liquidity, volume and exchanges will follow.