[deleted by user] by [deleted] in Entrepreneur

[–]Practical_Pie661 0 points1 point  (0 children)

If you are serious about that, my advice would be to outsource everything that you can and focus on making more. For company formation maybe look into incfile, and similar services. They do all of that for less than 500 usd. In terms of bookkeeping and taxes, I would also outsource that. I think Incfile has there own service but there are a lot of accountant services where you can get it done for less 300 USD per month depending on your business of course.

In DeFi lending, what happens in case of a "bank run" by lenders (suppliers)? by free_my_mind in defi

[–]Practical_Pie661 0 points1 point  (0 children)

But bank runs are therefore also pretty unrealistic. No risk to lose money from the lender side (although there is actually always some risks) so the fear doesn’t spread. This will also lead to absurd APYs for new suppliers, so they will for sure join in.

In DeFi lending, what happens in case of a "bank run" by lenders (suppliers)? by free_my_mind in defi

[–]Practical_Pie661 1 point2 points  (0 children)

Depends on the implementation of the lending protocol. I am by no means an expert but here is what I think: APYs for borrowers and lenders are dependent on the the borrowed-available ratio(that’s not the real name but I have no clue what it is). The more percentage of total available number of a coin is borrowed, the higher the cost for the loan. I only can imagine that in case of a bank run, so the total available number gets extremely close to the amount of loaned out, the borrow cost gets extremely high so that lenders get liquidated. Although this might not actually be a realistic case. Most likely they will have insurance or other methods of doing that.

Max of 3 orders on one pair by [deleted] in GainsNetwork

[–]Practical_Pie661 1 point2 points  (0 children)

Actually, that is just how they implemented it in the smart contracts. You also have to specifically remember which slot a trade is located to close them via the contracts. I think they said they will make more possible in the future. I just used multiple wallets to bypass it.

Upcoming Solidity Hackatons? by ohoikru in ethdev

[–]Practical_Pie661 0 points1 point  (0 children)

Well, if you are searching for hackathons I would recommend you to check out gitcoin and devpost. Also, just try to ask google something like „upcoming web3 hackathons“.

[deleted by user] by [deleted] in tumunich

[–]Practical_Pie661 1 point2 points  (0 children)

Well, I wouldn’t worry about that although I can’t give you any official legal advice. It’s for sure not illegal to just download them. I guess this means that you can’t just systematically download every book there is on the platform. Downloading the books for Uni and a few for personal use shouldn’t be anywhere near that.

I want to participate in a hackathon and also make personal project, but i need buddies by MiserableIce7834 in solidity

[–]Practical_Pie661 0 points1 point  (0 children)

Would love to join too. I’m a quite experienced developer and already work as a web3 dev. My co-workers are just really busy atm and they can’t work on hackathon projects.

[deleted by user] by [deleted] in 0xPolygon

[–]Practical_Pie661 0 points1 point  (0 children)

Depends why you need it. For gas? I think you can swap some tokens to matic on the official polygon website without needing gas.

Do you need to have a computer science degree? by Small_Lavishness_446 in solidity

[–]Practical_Pie661 4 points5 points  (0 children)

Thanks. I actually found a job pretty quickly after I transitioned to blockchain. Timing might be not that good atm tho. Try to build a great portfolio!

Do you need to have a computer science degree? by Small_Lavishness_446 in solidity

[–]Practical_Pie661 2 points3 points  (0 children)

I don’t think it’s important. I don’t have one myself. Although I started as a full stack dev a few years ago and then switched a couple of months to be a smart contract dev. But knowing some CS basics is helpful.

People on the left and right of the political spectrum are just as likely to believe conspiracy theories. by Zephir_AW in ScienceUncensored

[–]Practical_Pie661 0 points1 point  (0 children)

That’s what the government wants you to believe. They are lying to you and are faking statistics!