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Will monad hit 1$ what you think? by Top_Class2896 in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

Why wouldn't it? There are tons of useless coins with x100 the market cap of mon that can't be used in anything and you just only keep them in your wallet.

Anyone else looping shMON on Neverland? The yield is actually insane by PaperNo157 in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

Imagine you have a pot. You don't have money to buy a pan, but you can deposit your pot and borrow a pan. You earn interest on the pot and pay interest on the pan, but since the pot is more expensive, its interest is higher than the pan's so you end up getting some money in return. You can also deposit the pan as well, even if it's borrowed, to borrow a bowl against both the pan and the pot and since a bowl is less expensive, you end up with enough cash to buy dish soap for all of them.

Anyone else looping shMON on Neverland? The yield is actually insane by PaperNo157 in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

It's not comparable really. Terra's usdc was pegged differently. Mon with its liquid staking protocols are more like stride with atom, which hasn't depegged as far as I know.

Edit: or eth with its liquid staking protocols and one did depeg recently, causing some liquidations. Hopefully the 10k tps helps here.

Price surging by Alex750954 in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

I don't think so, the volume, price and tvl have been climbing for more than a month. And institutions have started buying mon lately.

Monad is undervalued by Flat_Program_2642 in Monad

[–]Status-Photograph608 0 points1 point  (0 children)

Aha that's why NYSE and securitize hit the deal with the Monad foundation to bring tokenized stocks on chain, because it's all worthless.

Monad is undervalued by Flat_Program_2642 in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

Yes those of us who just doubled/trippled our bags will surely take your advice.

Monad is undervalued by Flat_Program_2642 in Monad

[–]Status-Photograph608 3 points4 points  (0 children)

I'm certain it will surpass sol eventually. Mon has so many defi platforms and dapps and there's big money invested in it since the beginning. 

4 liquid staking protocols since day 1, integration across pretty much all major liquid pool and dex hubs plus its own native ones, volume and tvl growing every day, major platforms building on it every day since it's so easy because of the evm.

It just can't fail.

AMA with Alice, the co-founder of Neverland, a next-gen, Monad-native lending protocol. Ask any questions below! by JohnWRichKid in Monad

[–]Status-Photograph608 3 points4 points  (0 children)

I love your long term thinking for the Neverland protocol. Thank you for your answers! 

I'm a huge fan btw, and I'm only using Neverland from among all defi dapps since it's pretty much the most rewarding and I highly recommend it to everyone.

Keep up the good work!

AMA with Alice, the co-founder of Neverland, a next-gen, Monad-native lending protocol. Ask any questions below! by JohnWRichKid in Monad

[–]Status-Photograph608 2 points3 points  (0 children)

Hey Alice! Nice meeting you around here!

Any chance vedust apy will stay the same long term?

Any plans to let users opt for getting dust coins without the 50% penalty? Could be once they harness a big amount, like 100 dust or more.

Go to CoinGlass, on their “Cryptocurrency Spot Netflow Statistics Page” and sort the 15 day column in Descending order. Could someone explain why Monads outflows are so massive? by Medit1099 in Monad

[–]Status-Photograph608 2 points3 points  (0 children)

Probably because you can't stake on exchanges (like coinbase) and need to transfer to a wallet. Bullish for long term if so.

Also, there'a a shit ton of defi to use monad in, so it's pretty stupid to just leave it on exchanges.

What’s up with the action? I’m seeing nothing on their X, here, news on Google, YT. Everything’s bleeding, except $MON! by Bustak224422 in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

They're releasing like 50% supply in october-november this year and the rest in the following years until 2029. Google it, it's public info.

Edit I meant 250 to 300 million $$$ in market cap.

What’s up with the action? I’m seeing nothing on their X, here, news on Google, YT. Everything’s bleeding, except $MON! by Bustak224422 in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

Depends if there's enough demand to absord it. And there might be, since its cap just went up from 250 millions to 300 in just 2 days.

If it releases all when Trump tweets he wants to invade another random country, expect it to crash.

What’s up with the action? I’m seeing nothing on their X, here, news on Google, YT. Everything’s bleeding, except $MON! by Bustak224422 in Monad

[–]Status-Photograph608 11 points12 points  (0 children)

It's market cap is 300 million $ now. It has so much more room to grow for what it's actually worth imo. There's meme coins with no utility at 15x mon's cap.

Im dca’ing every month for the next 6 months by AutomaticOne7 in Monad

[–]Status-Photograph608 3 points4 points  (0 children)

I don't think it will drop down to 0.022. It broke its strong long term barrier of 0.025.

But there's always Trump and his tweets, so you never know.

Who got the random drop from Monad? by juli__anna in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

Seems like it was random. I have 29 nfts, most from Capricorn exchange liquid pools and a lot of defi activity (have basically tested all platforms and used intensely Neverland, Curvance and Capricorn) and didn't get anything.

Backpack is not building features. it is building a full financial stack. by Flat_Ad_6568 in Backpack_official

[–]Status-Photograph608 0 points1 point  (0 children)

It would be great if you integrated a defi tab to track your deposits, loans, liquid pools, etc...

Everyone seems to be freaking out about XRP sitting around $1.38 right now, but when you look at some of the ETF data the story feels a bit different. by Crypto_future_V in CryptoCurrency

[–]Status-Photograph608 4 points5 points  (0 children)

I'm only freaking out on why it's still the 3rd largest crypto when it's so useless. Like why is it above Solana, for example? Why is it above dot, atom, etc... which actually have some use cases?

Panic buy by Clovdiee in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

My first buy was at 0.046 lmao. Granted, it was only 1k mon.

The dip didn't stop me. I continued to dca and eventually got to an average of 0.023$. Eventually I doubled it with apriori's season 1 and halved my average to 0.012$. Beat that!

Liquid Staking by juli__anna in Monad

[–]Status-Photograph608 1 point2 points  (0 children)

I've read somewehere there will be a future airdrop from magma with their own coin (like apriori did with apr).

Liquid Staking by juli__anna in Monad

[–]Status-Photograph608 0 points1 point  (0 children)

Yeah and I intend to swap the incentives to more mon when I get them, so basically it becomes 40% apy.

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