/biz/ - Business & Finance

Fellow Marines, did you know depositing your LINK on AAVE or Yearn realizes your LINK gains because you receive aLINK or yLINK in return, and thus it was a swap? I didn't know, but I sure learned the hard way when I tried to get an early start on my taxes. Nonburgers can stay out of this thread.

I FOMO bought AAVE for 33c. Did I just fuck up?

>>19647902
yeah, it's the next big thing like the anon below you just said
>>19648431

Why do some of you say this piece of shit will hit $5? Is there a good copy pasta that shills this hard? I can buy a 100k stack right fucking now. No joke. Ready to put it in at any moment. Just shill it to me straight. Give me the facts!

That crypto magic feeling is coming back. Haven't felt like this since first playing around with ETH. We just need the USD to stay dominant for the next decade and we are literally going to be the next financial elite. Holy shit I am literally shaking right now.

Is lending on AAVE too good to be true?
You put your LINK on the aave platform, make interest. Free money, free linkies. The interest rate is 3% per year, so you could make 300 link for a 10k stack. What's the catch? Can someone explain it to me? Just the lending part, not the borrowing, which seems too risky if you can be liquidated. You can't get liquidated just lending, right?