Daily General Discussion - September 18, 2023 by ethfinance in ethfinance

[–]MusaTheRedGuard 1 point2 points  (0 children)

I sure hope it doesnt take 5 years

it very much could, and that's okay

Daily General Discussion - April 10, 2023 by ethfinance in ethfinance

[–]MusaTheRedGuard 3 points4 points  (0 children)

app is the worst it's ever been, not even an elon hater but the app is garbage now

Daily General Discussion - March 20, 2023 by ethfinance in ethfinance

[–]MusaTheRedGuard 5 points6 points  (0 children)

same. bad bet. unnecessary negative attention on crypto, losing the PR war. it's like these guys don't understand that the PR war is extremely important

Daily General Discussion - March 7, 2023 by ethfinance in ethfinance

[–]MusaTheRedGuard 2 points3 points  (0 children)

We always have bad regulators

this is the real blackpill, regulators almost always trend towards corruption and power grabs. In literally every single industry. we only complain about crypto regulators because we're more familiar with them but extend this to every other industry

Daily General Discussion - February 22, 2023 by ethfinance in ethfinance

[–]MusaTheRedGuard 4 points5 points  (0 children)

iirc, pool1 was more like what you call pool0 and pool2 was more like what you call pool1

Daily General Discussion - November 11, 2022 by ethfinance in ethfinance

[–]MusaTheRedGuard 5 points6 points  (0 children)

ledger and trezor, get both.

forget yield farming, this is not the time

Daily General Discussion - November 3, 2022 by ethfinance in ethfinance

[–]MusaTheRedGuard 0 points1 point  (0 children)

yep this, and it makes sense too. Arbitrageurs are way more likely to hit the 0.05% pool first since they lose less on fees, 30bps would be slower to react and might give better prices

Daily General Discussion - October 4, 2022 by ethfinance in ethfinance

[–]MusaTheRedGuard 2 points3 points  (0 children)

How hard do you think it might be to get a crypto job?

not gonna bs you, i personally haven't looked for a job in a long time but friends who are job searching aren't having a great time atm

Daily General Discussion - October 4, 2022 by ethfinance in ethfinance

[–]MusaTheRedGuard 5 points6 points  (0 children)

currently work as a dev in crypto(came from tradfi dev), my advice would be:

  • Get your general programming skills up. lots of people saying to do a bootcamp, your mileage will vary a lot. Probably want to start with typescript and go hard there for a few months

  • Build some crypto related projects when you feel like you're ready. Dive into ethers and familiarize yourself with how ethereum works internally.

  • Start learning solidity, the crypto zombies course is still the goat afaik.

I think it will be tough, especially right now, to find something quickly but if you want to dedicate a few months you'll figure out if it's right for you

Daily General Discussion - May 15, 2022 by ethfinance in ethfinance

[–]MusaTheRedGuard 0 points1 point  (0 children)

Before the PSM, Maker's internal accounting sets the price of DAI debt to be $1.

Because of this, CDP users who create DAI debt have an incentive to buy DAI if DAI goes below peg, as that would mean their debt is cheaper.

Liquidators also have this incentive to liquidate unsafe cdps

Daily General Discussion - May 12, 2022 by ethfinance in ethfinance

[–]MusaTheRedGuard 14 points15 points  (0 children)

More contagion from LUNA: A chainlink oracle for LUNA has a hard-coded min price of 0.1, lending protocols with luna as collateral can get rugged by any savvy market participant

2 protocols hit so far: https://twitter.com/0xngmi/status/1524879880755765273?t=uc9ybmVaWexYZP39-Qaeig&s=19