/biz/ - Business & Finance

I posted here yesterday telling you all to sell this absolute garbage PONZI scheme token. Two of you faggots said you were going to buy it just to spite me, well I hope you're enjoying your 15% loss, retards.

How retarded must you be to think you have the next big defi bluechip. Just cut your losses and get out before this is $0.

I've been looking at this thing for like four hours now and I can't figure out whether it's a gem or just a gimmick. I don't believe it's a ponzi or a rug pull because liquidity is locked and actually there is already a significant rewards pool (at about $1,000,000 currently).

I can see this thing having pumpenomics when it launches, not only from the hype train and the staking fees being used to buyback DFT, but also the incentives to hold DFT for better APY. All well and good - but let's say I wanted to hold this for more than a month after launch - why would DFT keep its value? After the initial pump there will hit a point at which the value of DFT begins to fall (for whatever reason) and then people decide they want to get out of their staked positions and sell, right?

The only answer I can think of is this: either people stay staked until rewards > staking fee, and this keeps the amount of DFT in circulation very low (i.e. less than 50k) which keeps price high. OR, people end their stake early, meaning their reward < staking fee and so even if they sell, the fee used for buyback will keep DFT high.

Can someone who actually understands this shit just tell me why this will survive past the initial launch pump like every other farming coin and not just enter a slow death spiral? If your answer is good enough I'll buy a (very) small bag.

P.s. all fud screaming 'PONZI' will just be completely ignored because it's aids, but feel free to bump the thread.

DeFiat is a staking platform for erc20 variant tokens
But where do the rewards come from?
From what I understand it's generated from fees, which come from users entering and exiting the staking platform?
Isn't this a ponzi?

Well, it's been one day and the liquidity has been locked. All FUDs were actually attempts to dip the value of this gem. Get in now, 200 dollars EOY

I've been hearing a lot about Defiat, is it any good? Why are people talking about it?

Comfiest hold ever

It's not too late, but soon it will be. This will be THE crypto of 2021. DeFiat is literally unFUDable.

(Post 1/5)

I see you sitting there...frustrated. You either missed out on the 2017 run, or you caught the run but held through the duration of the great bear; you missed out on DeFi summer, or you participated in the most speculative projects and experienced rug pull after rug pull; fast forward to today, and you watch as you are currently missing out on gain train after gain train of this run...stop, breathe, listen...I am asking you to end the cycle of overly emotional investing and zoom out; get your psychology in check, and relax...

The key to successful investing is finding undervalued market opportunities in advance of the herd, all the while remaining objective and in control of your emotional state of being. If this works for Warren Buffett, it can work for you...if you let it, of course (it's always on you).

Today, I am covering DeFiat ($DFT): a fully governed, deflationary ERC-20 token that has been LEFT FOR DEAD. Taking a lookout the macro price history, it would seem the project has been nothing short of a dismal failure. Looking more closely, however, we can gain further context and make sense of things.

Launching at the tail end of DeFi summer, one can say DeFiat's timing release hurt its rise to greatness...all part of the game, unfortunately, as no project, team, or individual can time market cycles perfectly -- anyone telling you otherwise is a charlatan! I personally love these types of opportunities...you know, the ones where the underlying project has a REAL use case and trajectory, yet is damaged via overly emotional panic sellers and broader market downturns? Yup, those.

You, yes... You!!!
Are you sitting on a fat stack of Linkies, or perhaps hoarding a large haul of Tether, or USDC? Well, then you might be interested in what I have to tell you now.
Listen closely, DeFiat (DFT) will allow you to stake ANY ERC-20 tokens, earning you both said ERC token AND DFT. With a marketcap of only 2.5 million USD, this is a no-brainer. Think of the amount of Link whales who are itching to earn more Link and Tether while they sit on their ass doing nothing. Now is the time to get in early. This thing is going to explode in the near future, and will hit a marketcap of at least 50 million USD. That's a conservative estimate; to me this deserves to be in the top 100.

Do you know what the price would be at a marketcap of 50 million? With the current circulating supply of 220,000 tokens, it would come out to around $225 dollars per each token. But wait!!! There's more... With every transaction, DFT is burned; this is a deflationary token and the value will only increase as more and more transactions are made. Once all the whales start buying in, DFT will be burned extremely quickly. You have a real chance of getting in early. I have had my eyes on this project for months and never doubted the team. They just announced today that the testnet for AnyStake is live, the code is completed and testing has just begun today! AnyStake mainnet could release at any moment from this point forward, within days or at most a week or two once testing has completed. $10 is still very early for this project. I bought at $1 and I'm not even blinking until it hits three digits. Godspeed brothers, and may we all make it very, very soon.

P.S. whales are putting in 20-40 eth orders at a price of $15 per DFT, if that doesn't tell you that this thing is primed for takeoff, then I don't know what will.

Read more about the project on their site: >DeFiat.net

Join the telegram to speak directly with devs and to stay fresh with the latest news, link is on their website

Nothing in this thread is financial advice so do your own research because low market cap coins like DFT are risky.

In this thread we discuss DeFiat (DFT).

>Is this a rug pull?

No. DFT hit an all time high months ago that was about 2x its current price.
Not only did the devs not dump on the community but they've been consistently working on the project.
If they were some scammers doing a pump and dump they would have done it months ago.

>What does DFT do exactly?

DFT is a deflationary token. Every time DFT is transacted, some DFT is taken as fees and some is burnt, reducing supply and rewarding strong hands.
But more importantly DFT offers something unique called the AnyStake protocol which is entering test net. AnyStake allows you to stake any ERC20 token.
The team has also already launched 2nd Chance which is part of the network and allows you to recycle and yield farm rug pulled DeFi tokens from other projects.

>What kind of gains are we looking at?

Gains are never guaranteed but there is potential there. Market cap is currently 3 mil.
At the all time high, market cap was several million.That pump was fueled off of AnyStake hype.
AnyStake is now entering test net and its main net launch is imminent so the hype is actually real now.

Nothing in this thread is financial advice so do your own research because low market cap coins like DFT are risky.

In this thread we discuss DeFiat (DFT).

>Is this a rug pull?

No. DFT hit an all time high months ago that was about 4x its current price.
Not only did the devs not dump on the community but they've been consistently working on the project.
If they were some scammers doing a pump and dump they would have done it months ago.

>What does DFT do exactly?

DFT is a deflationary token. Every time DFT is transacted, some DFT is taken as fees and some is burnt, reducing supply and rewarding strong hands.
But more importantly DFT offers something unique called the AnyStake protocol which is entering test net. AnyStake allows you to stake any ERC20 token.
The team has also already launched 2nd Chance which is part of the network and allows you to recycle and yield farm rug pulled DeFi tokens from other projects.

>What kind of gains are we looking at?

Gains are never guaranteed but there is potential there. Market cap is currently 1.7 mil.
At the all time high, market cap was several million.That pump was fueled off of AnyStake hype.
AnyStake is now entering test net and its main net launch is imminent so the hype is actually real now.

Nothing in this thread is financial advice so do your own research because low market cap coins like DFT are risky.

In this thread we discuss DeFiat (DFT).

>Is this a rug pull?

No. DFT hit an all time high months ago that was about 6x its current price.
Not only did the devs not dump on the community but they've been consistently working on the project.
If they were some scammers doing a pump and dump they would have done it months ago.

>What does DFT do exactly?

DFT is a deflationary token. Every time DFT is transacted, some DFT is taken as fees and some is burnt, reducing supply and rewarding strong hands.
But more importantly DFT offers something unique called the AnyStake protocol which is entering test net. AnyStake allows you to stake any ERC20 token.
The team has also already launched 2nd Chance which is part of the network and allows you to recycle and yield farm rug pulled DeFi tokens from other projects.

>What kind of gains are we looking at?

Gains are never guaranteed but there is potential there. Market cap is currently 1.1 mil.
At the all time high, market cap was several million.That pump was fueled off of AnyStake hype.
AnyStake is now entering test net and its main net launch is imminent so the hype is actually real now.

And do they have a public team?

i am financially ruined

Nothing in this thread is financial advice so do your own research because low market cap coins like DFT are risky.

In this thread we discuss DeFiat (DFT).

>Is this a rug pull?

No. DFT hit an all time high months ago that was about 10x its current price.
Not only did the devs not dump on the community but they've been consistently working on the project.
If they were some scammers doing a pump and dump they would have done it months ago.

>What does DFT do exactly?

DFT is a deflationary token. Every time DFT is transacted, some DFT is taken as fees and some is burnt, reducing supply and rewarding strong hands.
But more importantly DFT offers something unique called the AnyStake protocol which is entering test net. AnyStake allows you to stake any ERC20 token.
The team has also already launched 2nd Chance which is part of the network and allows you to recycle and yield farm rug pulled DeFi tokens from other projects.

>What kind of gains are we looking at?

Gains are never guaranteed but there is potential there. Market cap is currently 630k.
At the all time high, market cap was in the millions.That pump was fueled off of AnyStake hype.
AnyStake is now entering test net and its main net launch is imminent so the hype is actually real now.

Nothing in this thread is financial advice so do your own research because low market cap coins like DFT are risky.

In this thread we discuss DeFiat (DFT).

>Is this a rug pull?

No. DFT hit an all time high months ago that was about 16x its current price.
Not only did the devs not dump on the community but they've been consistently working on the project.
If they were some scammers doing a pump and dump they would have done it months ago.

>What does DFT do exactly?

DFT is a deflationary token. Every time DFT is transacted, some DFT is taken as fees and some is burnt, reducing supply and rewarding strong hands.
But more importantly DFT offers something unique called the AnyStake protocol which is entering test net. AnyStake allows you to stake any ERC20 token.
The team has also already launched 2nd Chance which is part of the network and allows you to recycle and yield farm rug pulled DeFi tokens from other projects.

>What kind of gains are we looking at?

Gains are never guaranteed but there is potential there. Market cap is currently 410k.
At the all time high, market cap was in the millions.That pump was fueled off of AnyStake hype.
AnyStake is now entering test net and its main net launch is imminent so the hype is actually real now.

Nothing in this thread is financial advice so do your own research because low market cap coins like DFT are risky.

In this thread we discuss DeFiat (DFT).

>Is this a rug pull?

No. DFT hit an all time high months ago that was about 18x its current price.
Not only did the devs not dump on the community but they've been consistently working on the project.
If they were some scammers doing a pump and dump they would have done it months ago.

>What does DFT do exactly?

DFT is a deflationary token. Every time DFT is transacted, some DFT is taken as fees and some is burnt, reducing supply and rewarding strong hands.
But more importantly DFT offers something unique called the AnyStake protocol which is entering test net. AnyStake allows you to stake any ERC20 token.
The team has also already launched 2nd Chance which is part of the network and allows you to recycle and yield farm rug pulled DeFi tokens from other projects.

>What kind of gains are we looking at?

Gains are never guaranteed but there is potential there. Market cap is currently 365k.
At the all time high, market cap was in the millions.That pump was fueled off of AnyStake hype.
AnyStake is now entering test net and its main net launch is imminent so the hype is actually real now.

Nothing in this thread is financial advice so do your own research because low market cap coins like DFT are risky.

In this thread we discuss DeFiat (DFT).

>Is this a rug pull?

No. DFT hit an all time high months ago that was about 23x its current price.
Not only did the devs not dump on the community but they've been consistently working on the project.
If they were some scammers doing a pump and dump they would have done it months ago.

>What does DFT do exactly?

DFT is a deflationary token. Every time DFT is transacted, some DFT is taken as fees and some is burnt, reducing supply and rewarding strong hands.
But more importantly DFT offers something unique called the AnyStake protocol which is entering test net. AnyStake allows you to stake any ERC20 token.
The team has also already launched 2nd Chance which is part of the network and allows you to recycle and yield farm rug pulled DeFi tokens from other projects.

>What kind of gains are we looking at?

Gains are never guaranteed but there is potential there. Market cap is currently 280k.
At the all time high, market cap was in the millions.That pump was fueled off of AnyStake hype.
AnyStake is now entering test net and its main net launch is imminent so the hype is actually real now.

Nothing in this thread is financial advice so do your own research because low market cap coins like DFT are risky.

In this thread we discuss DeFiat (DFT).

>Is this a rug pull?

No. DFT hit an all time high months ago that was about 16x its current price.
Not only did the devs not dump on the community but they've been consistently working on the project.
If they were some scammers doing a pump and dump they would have done it months ago.

>What does DFT do exactly?

DFT is a deflationary token. Every time DFT is transacted, some DFT is taken as fees and some is burnt, reducing supply and rewarding strong hands.
But more importantly DFT offers something unique called the AnyStake protocol which is entering test net. AnyStake allows you to stake any ERC20 token.
The team has also already launched 2nd Chance which is part of the network and allows you to recycle and yield farm rug pulled DeFi tokens from other projects.

>What kind of gains are we looking at?

Gains are never guaranteed but there is potential there. Market cap is currently 420k.
At the all time high, market cap was in the millions.That pump was fueled off of AnyStake hype.
AnyStake is now entering test net and its main net launch is imminent so the hype is actually real now.

is this officially ded coin?

fuck you /biz/
why do i always fall for your bullshit