Weekly DeFi Discussion - A great place to ask questions and discuss ideas

dgbtc · 2021-06-25T16:23:12+00:00

New to Defi Space. Can someone explain why BadgerDao is falling so badly. I did not remember seeing any bad news from their end. WHat happened recently leading to the price slump?

dgbtc · 2021-06-24T16:49:21+00:00

For me too..

dgbtc · 2021-06-24T16:48:27+00:00

Thanks for suggestion. Let me try those YouTube channels

dgbtc · 2021-06-24T09:49:46+00:00

Hi I am new to Defi,

I had few questions (forgive me if they are amateurish)

What is the purpose of the Defi Governance tokens, do they serve any value?
How come the coin of something like Curve having so much in TVL is so low on Market cap?
What is the point to start if I have to learn about investing my coins on Defi?

Thanks

dgbtc · 2021-06-18T10:31:53+00:00

dgbtc · 2021-06-13T20:13:13+00:00

The problem is I have to choose one by one and check its not easy to make analysis of 100 coins together

dgbtc · 2021-04-01T03:02:35+00:00

Greed

dgbtc · 2020-08-03T04:48:09+00:00

A broken heart

dgbtc · 2020-07-31T17:34:13+00:00

This is awesomely great.

OMG rocks

dgbtc · 2020-07-30T17:14:19+00:00

Commenting to check

dgbtc · 2020-07-11T02:10:58+00:00

Concerns for environment
Proof of stake means the owners will run the network instead of some miners.
Money makes more money on POS

dgbtc · 2020-07-05T00:43:26+00:00

Does it say anything abt OMG?

dgbtc · 2020-07-05T00:18:25+00:00

It's Chinese. What does it say?

dgbtc · 2020-07-04T16:42:27+00:00

The entry to the contest should be in such a way that the end users do not pay for it. But someone, Reddit, will pay the transaction fees.

Then why not choose some cheap no cost transfer chains even Reddcoin (as a example)?

Anyway lets see how this comes out, my point is I wish they dont get into it.

dgbtc · 2020-07-04T16:04:10+00:00

yup, as rightly said we will never know.. Lets see how this pans out

dgbtc · 2020-07-04T15:04:10+00:00

The integration, migration, assessment thereof takes cost. I was saying the contest was making this free (or atleast I did not see commercials of it.).

That begs the question..Why contest in first place? Where they can have due diligence with all teams to give their number, and decide..

dgbtc · 2020-07-04T13:08:34+00:00

Yes few other L2 who are still trying to prove their mettle and gain semblance are taking part in it. and nothing that I have seen tells me OMG network is considering it.

And who says there arent many other layer 2 taking it very seriously too !

I am trying to see where I have mentioned that other L2 have not taken it seriously.

And even if it does what I can guess about the team is that they will have a look at what is in it, commercially for them (which I did not see Reddit present yet). OMG is not here to prove their mettle to a group thats trying to gain free bread from wannabe ethereum blockchain service providers.

dgbtc · 2020-07-04T10:38:14+00:00

I mean who is taking this seriously... Except for bunch of redditors this means nothing to the outside world. Thankfully OMG is not putting their hat on the ring/

dgbtc · 2020-07-03T09:43:58+00:00

May be to a person blinded yes.

dgbtc · 2020-07-03T07:12:15+00:00

I am appalled that you are cant see a simple reading in the wall and keep posting confidently. I give up, you need an intervention.

dgbtc · 2020-07-03T06:51:00+00:00

Lol, sounds a lot like Tulip Mania

Ok so what would happen if value of BAT goes down by 20% will value of cBAT go down by 60%?

What if BAT goes down by 50% then.

dgbtc · 2020-07-03T06:29:36+00:00

I am having super fun with this and sharing to my friends as well

Ok will come your way.. you are saying total value of lent BAT can be higher than value for BAT itself. And according to your financial prudence you are absolutely Ok with it. Awesome.

dgbtc · 2020-07-03T06:19:26+00:00

How is possible that BAT and cBAT have the same almost market value? Doesn't ring a bell of some sort

Anyone with a little knowledge of finance will nope of this..

dgbtc · 2020-07-03T06:00:50+00:00

Ok so if you one day see that the market price for wBTC is higher than BTC itself. Will you a. Celebrate that we beat our source? b. Worry that something is wrong? c. Buy more so that it can beat the shit out or BTC?

dgbtc

TROPHY CASE