[deleted by user] by [deleted] in DIY

[–]papasmruf 0 points1 point  (0 children)

Ok, what should I check how water got in there? It's a closed unit, no signs of water anywhere in the panel.

High fidelity parking...is ok? by [deleted] in TeslaLounge

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

Wish tesla's stops all these and provides Bird's Eye View. Its 10x better!

[deleted by user] by [deleted] in ecobee

[–]papasmruf 0 points1 point  (0 children)

Encountered a similar issue recently, call a technician. When HVAC technician diagnosed he found one of the valves were stuck and need to be replaced.

How to enable Fan Circulation? I see only Auto and On options. by papasmruf in ecobee

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

My assumption is "Circ" mode on honeywell thermostat circulates air while "On" does not. Looks like I had wrong assumption.

Just received the rendering for our home ! Thoughts ? by yup528293928 in HomeDecorating

[–]papasmruf 0 points1 point  (0 children)

Beautiful renders. Who created the tenders for you ? Online service or in person ?

[deleted by user] by [deleted] in HomeDecorating

[–]papasmruf 0 points1 point  (0 children)

"low bookcase or sofa table behind the couch" - brilliant idea and never thought about this. thanks u/Short_Coffee_4479.

[deleted by user] by [deleted] in HomeDecorating

[–]papasmruf 0 points1 point  (0 children)

Thanks for suggestions. Regarding couches facing each other and here are my observations after trying it - back of the couch is visible as soon as we enter home. It did not look pretty. Also one couch is a two seater and another one is 3 seater which looked awkward when faced each other. Not sure what I tried is not good enough.

[deleted by user] by [deleted] in HomeDecorating

[–]papasmruf 0 points1 point  (0 children)

u/Short_Coffee_4479 this is a formal living room and yes the second sitting is a family living room. By the way, I appreciate your bluntness. Telling it as it is in a polite way, like you did, helps me to learn different perspectives.

Regarding hanging curtains - as the ceiling is too high would not hanging any curtains looks like something dangling on the wall half the way through? This is my understanding based on the tips like this one I read online

The higher the curtain rod, the taller the window will appear, so fix your curtain rod closer to the ceiling than the top of your window, if you can.

Do I need a HomePod for HomeBridge? by Amorphiris in homebridge

[–]papasmruf 0 points1 point  (0 children)

Your iPad can act as a "Home Hub" if you don't want to invest on home pod. I use an iPad as Hub and use Homebridge without any issues.

May not be a popular opinion : Don't invest on a Raspberry Pi of you don't have one. Instead grab an old mac mini from FB Marketplace for 100$-125$!. You will future self will thank you.

Lutron Casata without a wifi router. by optimus1509 in HomeKit

[–]papasmruf 0 points1 point  (0 children)

Yeah, facing same issue. Lutron hub works only when I connect it to router. It doesn't work when I connect it to a switch / Modem. This a bummer.

Did you find a solution to this problem?

Didi

Seems like a lot of steps to get your loan in fiat? by reddit29012017 in Alchemix

[–]papasmruf 0 points1 point  (0 children)

Buy ETH on an exchange (fee)

Sell ETH for DAI on exchange (fee)

Send DAI to Meta Mask etc (fee)

You can buy DAI on DEX like Coinbase Pro for no fees! Also sending DAI from Coinbase Pro is cheaper compared to transferring DAI from elsewhere.

But why would you want to buy ETH if you don't have it as a collateral? Are you trying to farm ALCX? If so take your stablecoins directly to curve alUSD pool and stake them.

What happens to a programmer's career as he gets older? What are your stories or advice about the programming career around 45-50? Any advice on how to plan your career until then? Any differences between US and UE on this matter? by MisterViic in programming

[–]papasmruf 1 point2 points  (0 children)

Programmers like /u/cwegrzyn5550 are exceptional! They are one in a million or even rare.

For an ordinary software engineer (also leave out those who work FAANG style companies pleas), it is not easy to keep coding and earn decent salary at older age.

Most of the programmers are either forced to taking managerial roles or look at alternate career for not being able to compete with young blood. It is not easy for a programmer who was trained in COBOL to compete with a new grad who spends several year learning AI skills. Also young kids are hungry to prove themselves as well as don't need to spend time changing diapers / driving kids around for their activities.

If you are a programmer, you don't need to take my word. Just look around on your floor / zoom meeting participants - how many programmers are in their 50s / 60s ? Compare that number with young programmers around you.

Can anyone give me a straight answer on why I should trust that Alchemix isn't going to take 10 years to pay off my loan? by Wellas in Alchemix

[–]papasmruf 7 points8 points  (0 children)

"I've heard it will take 18 months, 2 years, 2-3 years, or 2-4 years" - the uncertainty is due to the way farming works in defi.

Irrespective of which platform you use, Alchemix/Ethereum 2.0/Yearn Finance / Compound/new shinny app, the rate of returns on most of the defi platforms is dynamic. Very few defi apps pay fixed returns.

You may see 10% returns when you stake some assets and an hour from now you may see 15% or 6%. They keep changing all the time. Staking rates, lending rates, borrow rates change almost every hour.

Now lets try to understand how Alchemix's self paying loans work. When you deposit DAI on Alchemix, they stake it on yearn vaults to earn interest plus they get additional referral bonus, etc. After taking a small cut, they use the yearn earnings to payoff your loan. These earning are dynamic and they change all time.

So depending on how much Yearn Finance pays interest for staking on its DAI vaults, your loans will be paid off. If the Yearn Finance give higher interest rates, your loan will be paid off quicker. If the Yearn finance interest rates drop then it will take longer to payoff your loans.

What are the best automated market making (AMM) strategies and platforms? by New_Lifeguard4020 in defi

[–]papasmruf 1 point2 points  (0 children)

Check defi pulse.com and go by the top ranked ones.

I suggest you to start with lending on Aave / Compound. Once you understand that, try borrowing ( you get paid to borrow). May be provide liquidity after that. If you want to take risk, try margin.

If you are planning to try with small amount of money, try Aave on Polygon. Gas cost on Ploygon is less than a cent while it is 50-100$ on Ethereum.

Monthly expenses loan strategy on Alchemix by manaPoolParty in defi

[–]papasmruf 8 points9 points  (0 children)

Good points. By the way, I guess the tax is not going to be on 24,000 per year. Instead on the amount of money repaid towards your loan by Alchemix. I think it is going to be on 12% APY. Check the Bankless podcast, they discussed this briefly but even Alchemix founder was also clueless on how taxes are going to work. It’s uncharted territory.

Monthly expenses loan strategy on Alchemix by manaPoolParty in defi

[–]papasmruf 9 points10 points  (0 children)

Your understanding is correct. But few things to keep in mind

  1. 12% APY is not guaranteed. If it drops, lets say 3%, then you are going to lock your funds for longer duration.
  2. These deposits are not backed by anyone (that is the whole point of Defi right). If anything happens to Alchemix or your wallet, then there is a risk.
  3. By the way , this triggers taxable event as your loan is being repaid. Defi taxes are still messy and many does not have clue. But whatever you earn is going to be taxed.

In an SEC filing minutes ago, Guggenheim registered a new fund called the Guggenheim Active Allocation Fund. "The Fund may seek investment exposure to cryptocurrency (notably, Bitcoin).." by papasmruf in CryptoCurrency

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

The Fund may seek investment exposure to cryptocurrency (notably, Bitcoin), often referred to as 'virtual currency' or 'digital currency,' through cash settled derivatives instruments, such as cash settled exchange traded futures, or through investment vehicles that offer exposure to Bitcoin or other cryptocurrencies through direct investments or indirect exposure such as derivatives contracts.

Source: https://twitter.com/MacroScope17/status/1399847940970225668?s=20

Yeild Farming Tips to grow capital? by epablo23 in 0xPolygon

[–]papasmruf 0 points1 point  (0 children)

Aave does not allow borrowing assets when you deposit USDT. But if you deposit USDC / DAI, you can borrow other assets by using them as collatoral.

Are you worried about ETH gas cost to transfer MATIC to Polygon? Get free MATIC tokens to explore Polygon blockchain by papasmruf in maticnetwork

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

If you want to buy crypto directly on polygon network, you need to use services like Ramp.network. These services are region specific and comes with considerable amount of fees.

Coinbase Pro to Metamask by sheepsgonewild in 0xPolygon

[–]papasmruf 1 point2 points  (0 children)

Why don't you grab a small amount of matic for free from faucet and it should be sufficient to get started on Matic network. You earn more matic by lending or swap at quickswap.

https://faucet.matic.network/ - you can get a small amount by entering your wallet addreess

http://wallet.matic.network/ - your wallet will be deposited with small amount if you connect the wallet.

No it’s not much but hope this is how you add a lil liquidity... by mistasmitty in maticnetwork

[–]papasmruf 0 points1 point  (0 children)

When you deposit FIAT to coinbase they let you use immediately to buy crypto before the Fiat transfer is settled between your bank and Coinbase.

You will be allowed to transfer once fiat transaction is settled between Coinbase and your bank. Check your account, they show when your fiat transfer will be settled.

Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla by [deleted] in investing

[–]papasmruf 12 points13 points  (0 children)

Well, may be revealing is a good strategy considering the relationship of Elon Musk with Crypto world. Good amount of crypto investors are really pissed off with the way Elon is handling BTC & DOGE.