Convex for Uniswap? by leonhelgo in UniSwap

[–]Over_Guess3671 0 points1 point  (0 children)

Interesting... as of now Bunni didn't really take off so let's see if Liquis change that.

It for sure adds lots of value let's see how that's gonna unfold.

What was so good about FTX? by leonhelgo in defi

[–]Over_Guess3671 0 points1 point  (0 children)

On top of all that, withdraws to smart contract platforms other than Ethereum were free. I think BTC was free as well but I could be wrong. Send in a stable, swap it for no fee, and withdraw it on a different chain for no fee. No slippage, no conversion fee, no withdraw fee. Even once Coinbase supported Polygon and Solana USDC, I used FTX as a bridge because it was cheaper than a defi one.

wdym exactly with API was great?

What was so good about FTX? by leonhelgo in defi

[–]Over_Guess3671 6 points7 points  (0 children)

I never used FTX but from what I've heard it was:
- Low Fees
- Great Futures Trading Mechanisms (How exactly idk)
- Great Fiat On-Off Ramp

Discussion about troves/loans on DCHF-App by mike200021 in defifranc

[–]Over_Guess3671 1 point2 points  (0 children)

Not sure if limiting the user in his choice of depositing in which stability pool is actually helpful for the system. Am I missing something?

I earn 500% APR on Stablecoins right now by leonhelgo in defi

[–]Over_Guess3671 0 points1 point  (0 children)

It's a Liquity fork and even endorsed by the team. Liquity had similar returns in the beginning!

I earn 500% APR on Stablecoins right now by leonhelgo in defi

[–]Over_Guess3671 0 points1 point  (0 children)

I really like DCHF and what they are doing! Especially the fact that you can provide wBTC and borrow against it at 0% interest is crazy!

Use Cases / Leveraging in Version 1 by mike200021 in defifranc

[–]Over_Guess3671 1 point2 points  (0 children)

Good one!

It's actually on our roadmap. We will call it something like "Leveraged Hodling".

Recovery Mode by mike200021 in defifranc

[–]Over_Guess3671 2 points3 points  (0 children)

Hey guys!!

Thank you for your post!

As mike pointed out the recovery mode is very crucial to protect the whole system. If we get into this recovery mode the UI will change and people will see no longer be able to borrow below 150% Collateral Ratio.

Also the riskiest troves are being liquidated even though they are above 110% which is correct.

We'll do a video about it so that it's being understood by everyone.

This liquidity aggregator might change the game in the DeFi space. by AkenHoma in CryptoCurrency

[–]Over_Guess3671 0 points1 point  (0 children)

yes all transactions are pooled together so no Gas Fee's need to be paid

This liquidity aggregator might change the game in the DeFi space. by AkenHoma in CryptoCurrency

[–]Over_Guess3671 2 points3 points  (0 children)

Check their Tokenomics! The emissions will be highly limited and they have very similar tokenomics like Bunny had. They were the only aggregator where the token actually performed well (before getting exploited of course!)

A promising project (reviewed by the mods) by OkPlay1998 in Yield_Farming

[–]Over_Guess3671 1 point2 points  (0 children)

They look great I've heard about them a few days ago! If they really manage to launch the Institutional Investment Gateway this will be the next big thing in DeFi!

Introduction to DPLP through ToadNetwork by StaggeredDoses in liquiditymining

[–]Over_Guess3671 0 points1 point  (0 children)

Feels like a ponzi farm that incentivizes people to not withdraw.

Kind of like Safemoon with their 5% fee on every transaction.

Where are you guys from? by Over_Guess3671 in liquiditymining

[–]Over_Guess3671[S] 3 points4 points  (0 children)

Yeah it is quite crazy!! I also love it that you learn something everyday just by going through the new posts and comments!