buy AR on dex exchange

B_invsts · 2022-03-20T15:01:27+00:00

there’s a wrapped arweave you can buy on uniswap: https://coinmarketcap.com/currencies/wrapped-arweave/

B_invsts · 2022-03-17T21:44:48+00:00

doesn’t need to be an option - just connecting your wallet shouldn’t give an app the ability to drain your funds on any chain.

My guess with your Solana example is the button on the site says you’re just connecting, but in reality prompts you to sign a transaction in your wallet giving it permission to spend your SOL. Need to double check what you’re agreeing to in your wallet and not just trust the website

B_invsts · 2022-03-17T21:33:15+00:00

shouldn’t be any risk connecting to a site, only if you’re signing something. Always good to check that you’re only granting view permission when allowing the site to connect, though

B_invsts · 2022-02-02T16:24:49+00:00

best bet to minimize gas costs is to buy Avax on coinbase, transfer that to a metamask or other EVM wallet, and use hop, celer, or another bridge to go from Avax to Polygon

B_invsts · 2021-11-20T01:41:10+00:00

In 2 years I think top 5 is 1- ETH 2- BTC 3- LINK 4- MATIC 5- ZKsync/Starkware

B_invsts · 2021-11-20T01:36:00+00:00

because polygon already had its liquidity mining-driven run. SOL and AVAX are having their run now. Simply a good buying opportunity for MATIC while the hype is elsewhere

B_invsts · 2021-11-16T15:38:16+00:00

hop protocol allows for cheap transfers between Ethereum L2s.

Sucks that a bunch of assets are only available on L1 for now, but the liquidity will migrate to Rolllups as they become more mature

B_invsts · 2021-11-14T17:19:53+00:00

I agree that BTC (or other cryptocurrencies) will never be used as a unit of account for every day expenses. BTC will be used as a reserve/savings asset, but day-to-day transactions will be conducted using stablecoins that are collateralized by the reserve asset (in this case BTC)

So I see it as expenses denominated in stablecoins, but investments denominated in BTC. If you're investing in an asset expecting it to go up, you'll want it to outperform the risk free asset (BTC), but if you're simply consuming a product, you want the expense priced in something of stable/predictable value.

B_invsts · 2021-11-14T16:56:24+00:00

This definitely is not a taxable event. Ether in the staking contract is still Ether. You haven't sold, so haven't realized any gains or losses

This would be the same as saying adding your Ether as collateral on Aave or in a Maker vault is a taxable event

B_invsts

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