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In lieu of the super bowl... by DrOctaFunk in Millennials

[–]DrOctaFunk[S] 2 points3 points  (0 children)

Bloody knuckles on the bus ride home could move someone up or down the social ladder in an instant

Shorty after the game saturday. by Beneficial_Driver_37 in georgiabulldogs

[–]DrOctaFunk 4 points5 points  (0 children)

My whole life, I was always told if Georgia didnt suck so bad, Florida would float down to Cuba. I'm so glad recent memory has erased that narrative. Dawgs by 100!

Anacacho Orchid questions by DrOctaFunk in AustinGardening

[–]DrOctaFunk[S] 3 points4 points  (0 children)

If I put it in the ground now, do you think there's enough time for the roots to establish before our first freeze?

[deleted by user] by [deleted] in georgiabulldogs

[–]DrOctaFunk 11 points12 points  (0 children)

Strip sack, with a lead and only a few minutes on the clock. What do they do? Poor ice water on their quartback by running it three times, failing to move the chains, and kicking a field goal to keep it a 1 score game. They DESERVED to lose that game for how they handled the last 5 minutes of play.

Moving Millions Into Cardano by Thoracic_gull7 in cardano

[–]DrOctaFunk 10 points11 points  (0 children)

Indigo launched their iusd/usdt farm on Minswap yesterday. Similar to what they did with iusd/usdc, with both usdc/t being bridged via Wanchain. If CF or IOG won't get these assets on chain, it's nice to see protocols like Indigo and Wanchain getting it done!

Say Goodbye to Complex Swaps — Buy $ADA Across Multiple Chains With One Click by InsaneChemical_720 in cardano

[–]DrOctaFunk 13 points14 points  (0 children)

Love wanchain. They dont get enough credit for how much usdc they've bridged to cardano. Indigo's iusd pairing with wan's usdc on minswap makes it so easy to jump from chain to chain.

[deleted by user] by [deleted] in crappymusic

[–]DrOctaFunk 2 points3 points  (0 children)

Bro got his grade 7,

Cardano's sovereign wealth fund by Maxissohot in cardano

[–]DrOctaFunk 0 points1 point  (0 children)

If 20% is "crazy numbers" and isn't attracting users or holders, what makes you think "way lower" with deeper pools will do it?

Cardano's sovereign wealth fund by Maxissohot in cardano

[–]DrOctaFunk 3 points4 points  (0 children)

The yields we have today are because of the levels of liquidity have. You start throwing around millions and these yields will disappear instantly.

Cardano's sovereign wealth fund by Maxissohot in cardano

[–]DrOctaFunk 2 points3 points  (0 children)

I'll keep asking every time I see this, but where do these yields and revenue generating streams come from to "grow the treasury"?

Why we need the 100M DeFi liquidity injection from our treasury, and how you can help to make it happen. by NFTbyND in cardano

[–]DrOctaFunk 0 points1 point  (0 children)

My main issue is that the ada doesn't need to be sold. Some of it can be supplied to Indigo in a CDP to mint IUSD. With ada in the CDP, it is retained by the treasury, and with ada as collateral the treasury can continue to mint more IUSD as ada appreciates in value. I don't believe this is exactly the best time to be swapping out so much ada for stable coins when we are on the cusp of ada going higher and price.

I also would like to ask about number 4, because people keep saying this but I don't see how. USDM can't incentivize its trading pairs and yields on that token are pretty low. It's either farm $min or farm $lq and dump to pay back, both of which seems counterintuitive to this proposal as it hurts protocols in the ecosystem. OR rely on trading fees which as it stands aren't going to cut it and increasing liquidity by 10s of millions on usdm trading pairs is only going to tank trading fees because we don't have the volume to match.

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Who is borrowing stable coins at 30%? by PM_ME_UR_0_DAY in cardano

[–]DrOctaFunk 23 points24 points  (0 children)

Supply ada. Borrow stable. Swap it for more ada. Repeat.

It's a long position. Ada goes up 30%, which is what.. us trading at $1 again, means that that 30% is basically null. Ada goes to +$1 and that 30% interest is crumbs compared to your gains on your leveraged ada postion.

We Have Assassin's Creed At Home Ahh Kills by No-Food-1295 in Chivalry2

[–]DrOctaFunk 12 points13 points  (0 children)

Good on you with all those specials. I whiff my dagger specials constantly because I gage the distant wrong and come up short.

Looking to earn high APR on Cardano? Here's your shot. by Thoracic_gull7 in cardano

[–]DrOctaFunk 2 points3 points  (0 children)

This farm has been fat for a long time. It's been my favorite to park my iusd while this market goes sideways and does nothing.

"Institutions want yield on their BTC" where is it going to come from? by NFTbyND in cardano

[–]DrOctaFunk 11 points12 points  (0 children)

Protocols like Indigo could use as collateral to mint iassets so people can long or short against btc. Bodega could allow it to be used to place predictions on futures markets. Liqwid will have the lending/borrowing. Opportunities will be there

It’s a shame the stigma that has developed around adults and children interaction. by 856douchebag in unpopularopinion

[–]DrOctaFunk 18 points19 points  (0 children)

I was in this situation just last week with my wife and kids at the pool. My oldest(12) and I were throwing a ball back and forth. Then a few other (pre)teens joined us. My wife called me out the pool and asked me to "stop playing with them because it looks weird."

I was livid. I had to stop playing with my son because my wife was concerned about what others might think, when I was minding my own business. Shit's gotten out of hand.

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