/biz/ - Business & Finance

>>28922454
Gonna poooomp CXDX

>>22816362
Crypto is asian

>>22225078

SMALL ASIAN DONGS

>>20090466
Someone with 150K usdT just bought 70 ETH worth of stonks!! A shitload of ETH got pooled today, too.
>Was there a leak?? What the fuck does he know?

>This has been addresed, the big eth buys were exchanges buying for liquidity, still, I wonder, what *do* they know?

>What is STONK?
STONK supports DeFi through providing lucrative balancer pools that include promising DeFi projects. Its purpose is to soak balancing pressure to act much like an ETF indicator for DeFi - all in one token.

>What DeFi coins are in the first balancer pool(Yes first, more pools are being created for optimal returns)?
10% REP, 10% LINK, 20% STONK, 10% LRC, 10% COMP, 10% SNX, 20% WETH, 10% KNC

>What happened to STONK?
STONK and Statera were both victims of a flash loan exploit involving deflationary coins on the Balancer platform - liquidity from both projects were drained at the same time. The Balancer team has stepped up and will be refunding lost liquidity to both projects in the near future.

>How is STONK moving forward?
The same day of the exploit, STONK did a 1:1 transfer from old STONK coins to a new, non-deflationary coin - if you hold STONK, the new STONK token was already deposited to your wallet. Moving to a non-deflationary coin has not only allowed STONK to remain on the Balancer platform (with full 100% BAL returns) without being susceptible to liquidity exploit attacks, but it also broadens the number of exchanges STONK is eligible to be on.

>Is burning/deflation permanently removed from STONK?
Probably not, the team is currently exploring other options like manual burning to remain ERC-20 compliant, however optimal DeFi balancing is the primary objective of the project and not necessarily the deflationary aspect. STONK gains value as the other coins in the balancer gain value, not because a portion of coins are destroyed each transaction.

>>20090264
WHATS THE POINT OF MORE MONEY AHAHAHAHAHA DENIAL DENIAL DENIAL DENIAL
WHO CAAAAARES???? AAAHAHAHAHHAHAHAHA

>>20075248
OOOOooooooOOOOOOHHHH first carr wirr get me 2x efferiums? I give pigskin westerner just a riiiiitre yuan, to benefit
伟大而强大的永恒中华帝国!!

up almost 30% in 7 days
Yall niggas will ball your eyes out again once it starts correcting

>>14528130
>HERRO MERICAN WOULD YOU RIKE TO BAI MAI BROCKCHAIN?

>made $2.5k profit
>just lost $100
>feel suicidal
Why am I like this /biz/

>mfw China bans TSLA and gives NIO all of the stolen technology

>>13627847

huuuu uwee invent micro chip
velly velly easy to do
just steal it from dumb gweilo!
xiexie fat americans

If you gweilo pigs didn't notice Chinese New Year is coming up and Chinese are cashing out for the new year.. If you're not cashing out or shorting the market you're going to have a bad time.