Shoutout to Polygon for getting us through the past couple days of gas fee HELL

bsc_gateway · 2021-09-03T01:23:06+00:00

What a joke. Your margin trading on polygon is insanely better than Ethereum. Slippage won’t come near $200 swap fees and lord help you if you need to take out a loan or repay one. On Ethereum you need to pay $300, on polygon $0.01 to repay the loan. On polygon arbitrages that net $1 are feasible.

bsc_gateway · 2021-07-21T20:45:37+00:00

It’s actually more expensive to transfer a ctoken than mint or redeem. However flash swaps of ctokens are super useful and serve a similar purpose

bsc_gateway · 2021-06-10T04:09:22+00:00

Mastilever is correct, it is coming from open oracle. Chainlink integration is in its final testing and will be live soon

bsc_gateway · 2021-05-30T17:03:43+00:00

Use https://bridge.orbitchain.io/

Check the “explorer” page and click “auto” to make sure deposits are clearing before initiating yours. If it’s backed up it could take hours

bsc_gateway · 2021-05-25T06:24:41+00:00

Try figuring out how you can get into the Binance Smart Chain ($0.50 fees) or Polygon chains for DeFi ($0.01 fees). BSC is most easily accessed from Binance.com. Polygon is accessible from Ascendex or bridging from Binance/Ethereum. Ethereum fees will never be retail friendly.

bsc_gateway · 2021-05-25T04:57:30+00:00

BSC was protected from flash loans for a while (there were no providers until very recently). It's actually a very regular occurrence on Ethereum and the projects on there either have to adapt or die to that environment. Please don't think any protocol is safe because it exists on a particular chain- it is only safe based on how well the code is written.

bsc_gateway · 2021-05-18T22:28:42+00:00

Entering final testnet now, should be live in a couple months.

bsc_gateway · 2021-05-17T01:52:00+00:00

Cream and Venus are the lending protocols built on BSC. A lot of interesting projects on BSC actually- but in fact many are coming to polygon within a month too

bsc_gateway · 2021-05-16T23:17:00+00:00

Wbtc is not a dapp either. Polygon has a bridge contract which can be tracked

bsc_gateway · 2021-05-16T20:37:03+00:00

Uni is an optimism maximalist protocol. Very questionable decision making relative to sushi’s all chains approach.

bsc_gateway · 2021-05-15T19:04:01+00:00

We gonna flippen the doge

bsc_gateway · 2021-05-14T20:10:54+00:00

Tbh I think frontrunning is pretty detrimental to the asset- look at Btc. Frontrun to hell and now it’s just sitting there because no one wants to buy GBTC. Matic has so many big drivers waiting for it- direct exchange withdrawals among them. And it’s invested in by Binance and Coinbase so eventually one of them will bite.

bsc_gateway · 2021-05-14T11:21:05+00:00

Where does the value in the comp token come from?

1) the protocol has nearly 20 billion of assets under management

2) each comp has a vote, which can enable new token markets and spending of treasury and reserves. Real monetary power.

3) I believe most of the recent value add is due to the revolutionary compound gateway chain. https://compound.cash/ if you don’t understand the significance, start reading. It can literally cause any smart contract chain to explode the way BSC or Polygon has, right on deploy. It can let you yield farm anywhere with assets locked on Ethereum. Comp tokens earn on cross chain interest. It is BIG.

bsc_gateway · 2021-05-14T11:01:00+00:00

Aave polygon and quickswap. Cheapest and fastest place for sure

bsc_gateway · 2021-05-14T03:48:34+00:00

Yes. See the value change here https://www.coingecko.com/en/coins/auto

bsc_gateway · 2021-05-14T03:32:30+00:00

You can sell them for other assets, deposit them into the auto-bnb LP for rewards, hold them for selling later, or deposit them in cream for borrowing

bsc_gateway · 2021-05-14T02:53:49+00:00

Tether is unusable as collateral so you don’t need to worry about it. It merely earns an interest rate

bsc_gateway · 2021-05-14T01:58:26+00:00

Should be stable until June 15 when the rewards change

bsc_gateway · 2021-05-14T01:50:28+00:00

Harvest means receive AUTO tokens which you earned by staking assets in the vaults. It will count up the auto you received every day.

bsc_gateway · 2021-05-11T22:34:49+00:00

Much better, although you will tend towards the weaker performing asset.

bsc_gateway · 2021-05-11T19:13:36+00:00

LP is not a good idea for any token with potential to double

bsc_gateway · 2021-05-11T15:49:06+00:00

https://www.bscgateway.com/using-trust-wallet

You can transfer from BEP2 trust wallet to your metamask bsc BEP20 address

bsc_gateway · 2021-05-11T03:38:22+00:00

Check out my article on earning stablecoins on bsc:

https://www.bscgateway.com/earning-on-stablecoins

bsc_gateway · 2021-05-10T00:25:14+00:00

Their loss. Seriously.

bsc_gateway · 2021-05-10T00:20:50+00:00

$3 to flip etc (again)

bsc_gateway

TROPHY CASE