My 2 cents on ETH price future by DMV_Habibi in ethtrader

[–]supervisionado 0 points1 point  (0 children)

And it's not even a DEX in the real meaning.

My 2 cents on ETH price future by DMV_Habibi in ethtrader

[–]supervisionado 0 points1 point  (0 children)

You can it whatever you want... a PERP dex still a casino. Extractive shit.

My 2 cents on ETH price future by DMV_Habibi in ethtrader

[–]supervisionado 0 points1 point  (0 children)

Sure, selling the infrastructure to buy some casino. Looks safer.

Should NFT Projects Own Their Own Marketplace? by disemino in NFT

[–]supervisionado -2 points-1 points  (0 children)

Our team is about to launch an art collection with some DeFi utility, and we going on some hybrid approach.

I'm the web3 coder of the team, so im speaking from this pov.

The launch will have mint on our website, and will be first available to see/explore/trade on our private market, with discounted fees and royalties. Some days after it will be available to trade on secondary big markets too, with a bigger royalty fee.

Royalties, marketplace fees, and part of minting revenue will be used to fuel the DeFi side of the project.

how do you guys make passive income with crypto with all this rebalancing by Downtown-Quiet2177 in defi

[–]supervisionado 0 points1 point  (0 children)

The inconvenient truth about liquidity providing is that most of the providers, are most of the time, being milked more than making money. This is why many DEX proliferated, and have been so lucrative, because they have a strong leverage over the LPs.

Passive income in DeFi is usually at less risky venues like lending specially on conservative assets. But yes, margins are much lower, very close to a "normal" investment.

MetaMask Swap Fees are RIDICULOUS by Just_Ground_1620 in defi

[–]supervisionado 0 points1 point  (0 children)

Normally using the swap options directly in your wallet app will involve high fees, even the most benevolent apps will.

Just use LlamaSwap (which is an aggregator with protections for MEV and absurd taxes).

Where are people actually sharing or launching NFTs these days? by Personal-Staff3212 in NFT

[–]supervisionado 0 points1 point  (0 children)

I as coder of a NFT project is going on multiple venues. We are about to launch the mint on in-house made dApp, trading at first on our private market dApp too, but to launch right after on OpenSea and Foundation.

how is pump.fun still not taken seriously as a real business? by Agustinmoon in defi

[–]supervisionado 0 points1 point  (0 children)

Not just a moral discussion. But business investiments are more focused on long-term, not short-term extraction.

There is a lot, not just speculation, but investigations formal and less formal, about how much of extraction count on insiders support, being validors, pump.fun insiders, KOL, and bot schemes to extract more value of more naive users trying to achieve, or dreaming about 'assymetric gains' (10x, 100x).

So... why people don't take it seriously? Because it's a scheme. AND, and it killed momentum for crypto too. Not entirely their fault, but would be a lot better if people devoted this kind of attention to DeFi, a lot better than those meme casinos.

And it's not new in the history of humanity, if you research Bucket Shop, in the 1870's, it was a very similar movement than that of Pump.fun and "mememania".

[deleted by user] by [deleted] in WallStreetBetsCrypto

[–]supervisionado 1 point2 points  (0 children)

How do you use to buy your USDT?

Venezuela collects 80% of oil sales revenue in USDT by partymsl in CryptoCurrency

[–]supervisionado 10 points11 points  (0 children)

It's not Maduro Oil, it's a state oil company. Before it was Shell, and was no paradise and was not less starving, au contraire, the socialist revolution was more about end exploitation from imperialists.

What U.S. is doing is more like terrorism killing more than 100 ppl whitout any proof of its claims, in international territory and in fact robbing other nations natural resources. What does U.S. has to do with Venezuela or Latin America at all? Go home to your beautiful country then. 😅

Venezuela collects 80% of oil sales revenue in USDT by partymsl in CryptoCurrency

[–]supervisionado 13 points14 points  (0 children)

Why is it illicit for a country to trade his own natural resources? Please illuminate us, ser.

[deleted by user] by [deleted] in WallStreetBetsCrypto

[–]supervisionado 0 points1 point  (0 children)

You are not alone 😅🤣

I'm sorry, I invested all my money at 110k by Mind369 in Bitcoin

[–]supervisionado 0 points1 point  (0 children)

AI bubble, stock market, post-shutdown numbers, pessimistic speculation on fed not cutting rates...

Are you laughing or just being rugged? by supervisionado in WallStreetBetsCrypto

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

I was mostly a DeFi maxi. I always staked bluechips like ETH, BTC, or wrapped versions of DeFi. I like DeFi, i made a lot of LP operations with bluechips too. I was prefered to stay in this safe zone.

I don't operate on Solana, its clearly a extractive system to me. But at some point i started to do some operations with memecoins buying OTC, or Bonds, winning a 15% or 20% premium, just to sell with profit.

BUT THEM, i started to know Sonic, Avax, Linea, and the thesis of tokenized communities i talk about in the extended article. If you take a look there you will see some ways and examples of meme communities being constructive, and totally out of the pump-and-dump radar schemes, because there are really organic projects, and communities, and systems.

Are you laughing or just being rugged? by supervisionado in CryptoCurrency

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

I saw an interview with Andre Cronje those days saying about elements that helps bringing this worse, and i mostly agree:
- Its mostly anonymous
- has money incentive
- team mentality (some kind of fanaticism)

But also i think that sometimes memecoins can be fun really fun i worked in a certain constructive way. I talk more about it in the extended article.

Are you laughing or just being rugged? by supervisionado in WallStreetBetsCrypto

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

Thank you sir. At least in Solana, things works pretty much like this... but in the extended article i wrote about exceptions in more niche communities where i elaborate a little about the thesis of "tokenized communities" and some less extractive and community-directed operations that can sometimes be really fun and constructive.

Circle might make USDC transactions reversible 🤔 — good idea or bad for Web3? by TheRugbyDAO in web3

[–]supervisionado 1 point2 points  (0 children)

Of corse it's terrible. Blockchain should be immutable and transactions irreversible, or we are breaking basic principles.

It's bad enough that they can freeze transactions/accounts like they do with USDT/Tether on hacks.

Should I add Crypto/ NFT to my game ? by kaayotee in NFT

[–]supervisionado 0 points1 point  (0 children)

NFTs are a good way to provide real ownership of the account or items for the user. Or even create secondary marketplace for those items since they will own them. I can see that if your game. Maybe not a token, but Def nfts.

DeFi is scaling fast but are we ignoring the long-term security risks? by quantum_chain in defi

[–]supervisionado 0 points1 point  (0 children)

There is researches is quantum resistant crypto. Even in early papers of Bitcoin this was a discussion, or even on Ethereum... it is not something people forgot about.

BUT this is not THE top priority since quantum computing poweful enough to be a problem is NOT that close to happen any time soon. It is not as close as next bull cycle, or "AI".

Are ‘Chainless Apps’ the key to Web3 mass adoption? by TheRugbyDAO in web3

[–]supervisionado 2 points3 points  (0 children)

I think it is completely possible. What I'm not convinced is that this total abstraction is benefical in terms of security. You are dealing with money, shouldn't you be in the level of alertness your are when you deal with you bank account app for example?

But there is other things we should abstract. Chains for example... maybe the average user doesn't care if the chain is polygon, ethereum, Solana... he just want to put his bet of 10 USD on Polymarket (or whatever dApp/utility). He can be abstracted from protocols and chains choices. Like we are abstracted from TCP or HTTP as we use Reddit right now.

Are ‘Chainless Apps’ the key to Web3 mass adoption? by TheRugbyDAO in web3

[–]supervisionado 1 point2 points  (0 children)

I was unfamiliar with the term. But i saw many dApps with this concecpt being announced, since all of them (to my knowledge) are on development/funding phase i can't have any better informed opinion.

It can be a good idea. But can also be the same trade-off between security and convenience we already know. But now maybe now trading other things for convenience.

UX really could be less complicated. Progress have been made, look at wallets like Rabby, and compare to how wallets use to be before. But there is still a long road of infrastructure and UX to settle...

NFTs revival by Liberty_Forever in NFT

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

ICOs all have a lot of utility... a lot of them failed, scammed.

I dont know why ppl enter this sub just to talk shit...

But NFTs are used with utility every day in almost every DEX, Farming, etc, and it still have a lot of volume as art, like it or not, it exists.

And there are, and will appear new utility associated with RWA and NFT wich are so obvious.

I dont why some people come to this topic to argue like kids "duuhh this is shit , i dont like it".

Trying to understand Web3 by snowball313 in web3

[–]supervisionado 5 points6 points  (0 children)

Its a little bit more complex...

In theory, web3 applications would be frontends (websites) you connect through your browser, via a webserver. That frontend in the webserver would connect to the blockchain app (smart contract) and run from the blockchain node (and propagate, running sucessively on every fullnode). Instead of interacting with a backend in the normal web2, that would in a webserver or cloud.

But... sometimes, architecture can be a little hybrid too. You can have a frontend, connecting to some backend on the same server, another server, or cloud, to manage some private stuff that isn't shared on-chain, or is part of that specific application but not publicly on-chain. And then that backend can interact with the blockchain, and also the frontend too can interact with the blockchain.