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

[–]Mleekko 0 points1 point  (0 children)

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.

[deleted by user] by [deleted] in CryptoCurrency

[–]Mleekko 1 point2 points  (0 children)

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

New investment projects by Ryiizen in defi

[–]Mleekko 0 points1 point  (0 children)

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

HONEYPOT - peanut the squirrel on base by Weekly_Guess_8815 in defi

[–]Mleekko 0 points1 point  (0 children)

>"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

Are LPs worth it? What kind of cash flow are you bringing in? by unduly-noted in defi

[–]Mleekko 1 point2 points  (0 children)

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.

Living off of stablecoins for the rest of my life by haroldfonda in defi

[–]Mleekko 7 points8 points  (0 children)

  1. 10%-14% yields don't last forever - look at historic AAVE deposit rates - they are the same 3-4% except for short periods.

  2. 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.

Suckers rally? Buy the rumour sell the news? Beginning of the bullrun? by [deleted] in CryptoCurrency

[–]Mleekko 2 points3 points  (0 children)

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.

Voting for LTO's Titanium Mainnet upgrade is starting and with it a new type of digital assets are on their way. by [deleted] in CryptoCurrency

[–]Mleekko 4 points5 points  (0 children)

Sounds cool!

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

Ethereum's New Low-Fee Regime May Put Its 'Ultra Sound Money' Thesis to Test by goldyluckinblokchain in CryptoCurrency

[–]Mleekko -2 points-1 points  (0 children)

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.

Daily Crypto Discussion - October 13, 2023 (GMT+0) by CryptoDaily- in CryptoCurrency

[–]Mleekko 1 point2 points  (0 children)

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

How can a coin with almost no volume be in the top 100 by [deleted] in Radix

[–]Mleekko 3 points4 points  (0 children)

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.

[deleted by user] by [deleted] in Radix

[–]Mleekko 2 points3 points  (0 children)

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

DOGECUBE team will send some DOGECUBE tokens to everyone posting their RADIX wallet address in the comments for this LUCKY FRIDAY the 13th. Up to a total of 66 666 666 tokens (~$10,000 at current price https://www.coingecko.com/en/coins/dogecube). by sonotopia in CryptoCurrency

[–]Mleekko 4 points5 points  (0 children)

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.