/biz/ - Business & Finance

$STONK GOT LISTED ON 4 FUCKING EXCHANGES OVERNIGHT WITHOUT ASKING, 0 DEPOSITS DOWN.
>1INCH
>COINTIGER
>MXC,
>BAMBOO
ALL BOUGHT STONK FOR LIQUIDITY AND LISTED STONK NO QUESTIONS ASKED
> THEY LITERALLY DIDN'T ASK.
>$STONK HIT 10C USD OVERNIGHT ON BIKI

>NI HAO MOTHERFUCKERS

I'M FREAKING OUT HERE'S SOME ANNOUNCEMENTS

BiKi.com (@BiKiEnglish)
>BiKi launched STONK today! Opening up with a commendable performance of up to 124.97%

According to official news, the BiKi platform is open for trading today at 14:00 (GMT+8), with an opening increase of up to 124.97%

>Trade STONK/USDT here now!: t DOT co/HSKN4A7fiB...

We are now live on MXC and BiKi
https://twitter.com/MXC_Exchange/status/1278916296160100352

MXC Exchange (@MXC_Exchange)
>New Listing

>#MXC_Exchange will list @DEXToolsApp, @melonprotocol, @Kleros_io and @stonkdev in Assessment zone at 14:00 (UTC+8), July 3, and open trading for $DEXT, $MLN, $PNK, $STONK against $USDT and $ETH markets respectively.

Details:t DOT co/hDnF3RcUJm

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?

>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.

>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.

>>19954075
Link isn't goint ot moon dipshit, all you faggots need to BUY $STONKS INSTEADD
WELL MOON HARD

Come on you fucking niggers, buy STONKS! We moon hard! I through an eth in. Maybe we get out with some money! The dev is an australian teenager, so bullish!

Pump this shit! LETS GOOO

>What is $STONKS?

A token that's value is derived from a balancer pool of protocol-layer defi smart contracts made by a BASED aussie /biz/nessman.

>More info?
The website is badass and here for your viewing pleasure.
https://stonk.dev/

>How to pool?
1 click pooling across the 7 holdings is hosted on the website, simple.

>Trustworthy?
Codes public here, check for yourself.
https://github.com/stonkdev/STONK

>By investing in $STONK, you are investing in an index fund of DeFi's leading projects. Value in $STONK and value in the pool directly benefits all DeFi projects involved.

>discord
/qg3rMpN
/qg3rMpN
/qg3rMpN

>We've been added to coingecko & coinstats!
https://www.coingecko.com/en/coins/stonk
https://coinstats.app/en/coins/stonk
Price information should update once the sites recognize uniswap trading activity.

$STONK is also now tradable on a new order book DEX exchange - bamboo relay (now verified!):
https://bamboorelay.com/trade/STONK-WETH

GL Fudders, announcement about 2 100k+ subscribers youtube channels shilling THE DeFi Deflationary Index coming up in the next post.