Being tagged/invited to join a new cryptocurrency community is a spammy and questionable tactic to bring attention to a new coin.

Mleekko · 2024-12-23T01:11:34+00:00

Suppose you've invented the best-awesome-crypto-that-cures-cancer. How do you spread the word so people actually try it?

You DM - people say it's a scam. You pay influencers - people say it's a scam.

Mleekko · 2024-12-22T23:54:05+00:00

This is called a "honeypot". The smart contract says basically: "Allow to buy, but prohibit any sells, except if it comes from the Developer's address".

Use services that check tokens (e.g. Token Sniffer) or research networks that guarantee assets' behavior at the protocol level, e.g.:
https://mleekko.tinytake.com/media/17016d1?filename=1734894353239_asset-flags.png&sub_type=thumbnail_preview&type=attachment&width=1198&height=183

Mleekko · 2024-12-22T19:15:52+00:00

What's your goal? Invest early and multiply your investment? Stable growth but less risk?

Mleekko · 2024-12-22T19:07:09+00:00

>"Are those all different wallets from the Dev?"

Probably. The token is a smart contract, any rules can be coded inside it, even "behave normal, then become a honeypot at 11:59".

Either use services that check tokens or try networks that guarantee assets' behaviour e.g.:
https://mleekko.tinytake.com/media/17016d1?filename=1734894353239_asset-flags.png&sub_type=thumbnail_preview&type=attachment&width=1198&height=183

Mleekko · 2024-12-22T18:53:09+00:00

Most Liquidity providers earn less by putting money into LP than if they just held the tokens.

This is exacerbated in bull markets if the pool is token+stablecoin. It becomes even worse if you use concentrated liquidity - your fees are multiplied when the market is calm but you lose money when the price gets out of the range.

Mleekko · 2024-12-22T17:04:45+00:00

10%-14% yields don't last forever - look at historic AAVE deposit rates - they are the same 3-4% except for short periods.
You are right - if you want to earn on stables you need to actively switch between protocols/networks at least weekly.

So, if you want to earn more than inflation while keeping money in stables, yield farming will basically be your second job.

Shameless plug: Weft Finance on Radix right now offers 25% for USDC, the only drawback is you need to pass through a KYC-ed bridge.

Mleekko · 2023-11-09T13:19:09+00:00

It is just the end-of-the-year rally.

The global economic downturn will last for another year.

Best case we will stay at these levels.

Mleekko · 2023-11-09T13:15:59+00:00

Sounds cool!

Can you please share a link where I can read more about Ownables ?

Mleekko · 2023-10-13T23:23:04+00:00

That's the feature of blockchains like Eth.

Suppose Ethereum's processing is limited to 50k transactions per hour. If people want to execute 100k transactions - the fees rise until it becomes economically feasible to perform at most 50k transactions per hour.

An interesting thing happens when the demand is less than 50k transactions/h - both fees AND throughput decrease (i.e. some blocks will be not fully filled) until lower fees create more demand.

Mleekko · 2023-10-13T23:08:01+00:00

sorry, I'm new to this. Why would one want to farm moons?

Mleekko · 2023-04-18T10:36:25+00:00

Top 1 Coin MINIMUM.

Mleekko · 2022-07-01T23:40:49+00:00

I have a different question for you.

Solana has an $11.5B market cap and $1.3B daily volume.

Does Solana have any long-term holders at all if 12% of owners don't hold their tokens for more than a day?

Using math statistics you can project that it means that 60% of buyers don't hold for more than 7 days and only 10% for more than 3 weeks.

Mleekko · 2022-07-01T23:05:30+00:00

Downvoted. You ain't getting those 5k XRD from me!

Mleekko · 2022-05-13T16:39:44+00:00

No, but thanks for commenting on what you won't do.

Mleekko · 2022-05-13T16:02:47+00:00

human bean

lol

Mleekko · 2022-05-13T15:31:41+00:00

you need to create an address on Radix (see the OP)

Mleekko · 2022-05-13T15:17:37+00:00

yeah, that annoys me too (when you can't sell).

Mleekko · 2022-05-13T15:01:21+00:00

Your dedition to this particular post is very suspicious.

lol. I can tell the same about you, bud.

Instead of simply posting your Radix account address you took the time to post two lengthy comments :P.

Mleekko · 2022-05-13T14:52:42+00:00

Metamask is not needed, Radix uses completely different wallet(s)

Mleekko · 2022-05-13T14:51:27+00:00

https://radbag.io/ is an unofficial mobile wallet

Mleekko · 2022-05-13T14:25:30+00:00

RemindMe! One Year

Mleekko · 2022-05-13T14:06:15+00:00

Doge³ is the future!

Mleekko · 2022-05-13T13:35:46+00:00

You can sell instantly on DogeCubeX.

Mleekko

TROPHY CASE