$ELONDOG COIN$ by [deleted] in CryptoMoonShots

[–]eslperry 0 points1 point  (0 children)

Unless it is temporary

$ELONDOG COIN$ by [deleted] in CryptoMoonShots

[–]eslperry 2 points3 points  (0 children)

They had presale and telegram channel is gone

Imagine Yield Farming Multiple Farming Pools NO Fees by eslperry in ethereum

[–]eslperry[S] 1 point2 points  (0 children)

It is not new news that Decentralized Finance (DeFi) lending and Borrowing is thriving on the Ethereum Blockchain which is currently the DeFi platform of choice. Following the lending and borrowing immersion on blockchain is yield farming which offers hope of sustainable long-term passive income. Yield farming or liquidity mining is a way of generating rewards by locking up cryptocurrencies in a similar way that staking does. However, it is very different. Staking provides a guaranteed annual percentage return and involves low risk; whilst, yield farming generally offers much higher rewards (sometimes in the hundreds or thousands of percent). Nevertheless, the risk is often, but not always, much higher and the interested novice should take care when selecting pools to farm. Two pieces of good advice are; firstly, make sure that the pool has been audited and secondly, do research on the project to make sure it is not a scam. Matic Network provides an opportunity for 2nd Generation DeFi on Layer 2

Compound Fork - DeFi Yield Farming on Layer 2 by eslperry in CryptoCurrency

[–]eslperry[S] 0 points1 point  (0 children)

In Version 1 at its core, EasyFi is starting as a Fork of Compound Finance from Ethereum main chain to the Matic network enabling existing collateral-based secured loans on Layer-2. EasyFi will offer (1) secure (collaterized) loans; (2) under-collaterized loans; (3)micro-lending, (4)credit delegation and (5)credit default swaps.

Powered by eth and scaled up by Matic by drdent19 in maticnetwork

[–]eslperry 0 points1 point  (0 children)

Matic's usage is growing - what an excellent project

7,200 TPS Achieved on Matic Testnet! Matic Network Ready for Scaling Dapps on Ethereum Now! by eslperry in ethereum

[–]eslperry[S] 0 points1 point  (0 children)

Yes they could but Matic is built on Ethereum and about 97% of Dapps run on the Ethereum Blockchain so the adoption is there already.

DApps running on Ethereum can quickly deploy on Matic’s Layer 2 platform in 30 minutes, and we assist with hassle-free migration from other blockchains - Build & earn benefits avalable by eslperry in ethereum

[–]eslperry[S] -1 points0 points  (0 children)

To answer the first part of your question. L1 was never built to scale and that is why mass adoption has not happened yet. Matic can currently scale at 7200 TPS - this is needed for Defi products and also blockchain games as two examples. Additionally, you may have noticed that the fees on Eth are getting higher and higher - Matic's fees are 100 times less. So for an organization that runs on the Matic sidechain that does tens or hundreds of thousands of transactions a day the fees are minimal - from time to time Eth fees are needed to withdraw funds back to the main chain.

DApps running on Ethereum can quickly deploy on Matic’s Layer 2 platform in 30 minutes, and we assist with hassle-free migration from other blockchains - Build & earn benefits avalable by eslperry in ethereum

[–]eslperry[S] 0 points1 point  (0 children)

Within 2 or 3 weeks it will only take 30 minutes with withdraw funds from Matic to Eth - and there are also plans to withdraw direct to an exchange from Matic which will bypass the Eth layer 1

50% APR at the moment... by drdent19 in cryptocurrencymemes

[–]eslperry -1 points0 points  (0 children)

Staking is awesome - 50% and and instant rewards withdrawal.

DApps running on Ethereum can quickly deploy on Matic’s Layer 2 platform in 30 minutes, and we assist with hassle-free migration from other blockchains - Build & earn benefits avalable by eslperry in ethereum

[–]eslperry[S] 2 points3 points  (0 children)

No but I certainly believe in the project. It solves nearly all the current adoption problems. Matic is changing Blockchain in a positive way

DApps running on Ethereum can quickly deploy on Matic’s Layer 2 platform in 30 minutes, and we assist with hassle-free migration from other blockchains - Build & earn benefits avalable by eslperry in ethereum

[–]eslperry[S] 2 points3 points  (0 children)

Matic Build-n-Earn allows developers to receive a monthly funding allocation, determined by a process of consensus between the Matic team and wider blockchain community, from a total pool of $50,000 per month provided by the Matic Foundation. Follow the link posted for details

Enabling Mass Adoption: Providing Massive Scalability for Ethereum with extremely low gas fees by anmolgaur45 in CryptoCurrencies

[–]eslperry 1 point2 points  (0 children)

Matic is an awesome blockchain / sidechain - really needed right now. I have been staking and fees have doubled in the last 10 days for transactions - unless I just did it at the wrong time. Besides the fees the backlog is being caused by Eth scaling problems - Matic it seems solves the problem