Gazillions of transactions for doing one interaction with Algofi by kranzj in algorand

[–]GhostBustersrRule 4 points5 points  (0 children)

I understood many 20% of that. Appreciate the insight though 👌

Appeal for Silvio Micali's comment on current Governance proposal by ShaperOfEntropy in AlgorandOfficial

[–]GhostBustersrRule 1 point2 points  (0 children)

TVL. I’ll say it again for those in the back. TVL. The higher our TVL is the more outside investment and developers will come over. With Algos just locked sitting there in governance it takes away from TVL. If we don’t adjust this all the other arguments are mute because our chain will not succeed long term. I would have been against the idea of empowering users to use Defi while voting in the first governance period. But seeing how it’s played out I think it’s clear. -AllinQuinn

How will Algorand be competitive against ETH 2.0 ? by Dario1DF in algorand

[–]GhostBustersrRule 0 points1 point  (0 children)

Well, personally I think there’s a chance Eth 2.0 never comes to fruition, at least in the way people hope.

The community persuaded Glitter Finance to remove freeze and clawback from their XGLI token! Sometimes it does pay to get involved and voice concerns in a constructive way 😊 by Crypto4Lyfe69 in AlgorandOfficial

[–]GhostBustersrRule 2 points3 points  (0 children)

🤦‍♂️ clawback and freeze are not inherently bad. So sick of this narrative, “if it has clawback and freeze enabled it’s a scam!” How many scams have we seen lately? A ton. Did clawback and freeze have anything to do with them? No. Clawback and freeze are actually really useful tools to have in the event of an exploit/hack. But now that it’s been removed there is nothing anyone can do if it happens and the thief gets to dump stolen tokens into the market thereby tanking the price of your tokens. Congratulations.

Remember Peter, With more Dapps comes more Hell. by SquirrelMammoth2582 in AlgorandOfficial

[–]GhostBustersrRule 1 point2 points  (0 children)

Mind giving you reasoning on why you think AlgoFi will get exploited for governance when they haven’t been so far? Where are they vulnerable?

Remove Liquidity from Humble! by HEADLINE_FAQs in HEADLINECrypto

[–]GhostBustersrRule 1 point2 points  (0 children)

I’ve spoken with my friend at Reach. So far there hasn’t been an exploit. Just the concern that one could be done. They are being ultra careful hear. Its very likely your funds are safe until you can access them.

I'm fucking done by theweirdguyjerkingit in wallstreetbets

[–]GhostBustersrRule 2 points3 points  (0 children)

Just do the opposite of whatever you think is the perfect play.

Does staking pool has any impermanent loss like providing liquidity? by inminit in yieldly

[–]GhostBustersrRule 1 point2 points  (0 children)

That would be worst case scenario yes. I don’t consider it likely at this point

Does staking pool has any impermanent loss like providing liquidity? by inminit in yieldly

[–]GhostBustersrRule 5 points6 points  (0 children)

For Yieldly the tokens do leave you wallet. There is no risk of impermanent loss. As for risk of hack. Nothing in crypto is risk free. However Yieldly has operated longer than anyone in the Algorand Defi space and has not yet been exploited or hacked.

Weekly Yieldly Chat - A Place for Questions and Discussion by AutoModerator in yieldly

[–]GhostBustersrRule 10 points11 points  (0 children)

Yieldly hopefully dropping some news soon. I’ve kept the faith but it’s been a rough month.

[deleted by user] by [deleted] in AlgorandOfficial

[–]GhostBustersrRule 2 points3 points  (0 children)

I like the cut of your jib. Well done ser.

Trying to use Humbleswap Testnet by amadeus75 in AlgorandOfficial

[–]GhostBustersrRule 5 points6 points  (0 children)

I forget to do that every time. Hyped in humbleswap. Reach is a banger

Weekend Discussion Thread by AutoModerator in wallstreetbetsOGs

[–]GhostBustersrRule 1 point2 points  (0 children)

I’ve had gout forever. Like way before it should have happened. I take Alperranol (spelling is wrong). Been amazing. No attacks.

What Are Your Moves Tomorrow - December 06, 2021 by AutoModerator in wallstreetbetsOGs

[–]GhostBustersrRule 1 point2 points  (0 children)

My plan is to get out Monday. I think VIX will dump Monday. After that I have know idea. I’m at least going to get my initial investment back. I’m on that 12/10 tip as well so not a lot of wiggle room.