/biz/ - Business & Finance

Mark my words this shitcoin is toast

I don't get the value of this.
You can stake it for like 6% APY and while doing so you take on risk of having your tokens slashed. Meanwhile you can just deposit Dai on the platform and get like 20% APY.
In addition to stackings it's a governance token. Where's the value in that?
What am I missing here?

>>28953637

Baby whale here. Pumping til noon. $460 by noon and then gtfo for link longhaul.

Only saying this once.

Why is this shitcoin dumping so much? Why is the whole market dumping?

Can someone explain to me in simple terms why crypto lending is a big deal? Why would I just not buy the coin I want rather than using another coin for collateral? Please explain to me like I'm 5.

bump

Is its run over? I'm up so much on this shit but never took profits around 530 -- really kicking myself for not doing it. I see this platform sticking around but a couple things bother me right now
1. I think Defi has more room to run, but is overinflated af due to the bullrun.
2. I don't really hold shitcoins that often. I know AAVE isn't a shitcoin. But I stack sats and eth, and use everything else to get sats and eth (and link). I'm still skeptical of it all.

What do you guys think?

How do you guys feel about African American Vernacular English?