/biz/ - Business & Finance

>>18950468
Psychopath maniac makes shitcoin, other psychopath maniacs give him their money
You have missed nothing

>>18950468
I've been telling everyone to buy LEND for days. They always tell me that's not the point, it's for more free LINK, or whatever scheme they have working. We had a good thread yesterday about it. Try and keep up.
>LEND holders are able to vote on proposals made by the development team, as well as economic parameters including interest rates, liquidation configurations, and new assets. The protocol is now designed to burn 10% of platform fees captured in LEND tokens.
Also
https://twitter.com/DefiRate/status/1258511046924369920
https://defirate.com/aave-lend-governance/

>>18950468
The real, true first ghost.

>>18950468
And then the threads are always derailed by some bobo saying the SEC blah blah.

>>18950700
a16z will figure that out. not worried

it's been in a non-stop bullmarket since late august last year....crazy shit

>>18950525
Kek

>>18950468
The presentation yesterday. Token burning is already in, fee sharing to Lend stakers is coming, and the platform is already a success with a bunch of new shit coming, like the ability to use a uniswap pool share for collateral. In all the crypto vapourware around, someone actually just made a working product that's useful & its token is cheap af.

>>18950700
Fuck the SEC. Ban burgers from using it (officially). Problem solved.

Defi is the future of crypto honestly. There's still such a small total mcap of defi projects.

>>18950654
There's gonna be fee sharing too I noticed. I think it's for providing liquidity to flash loans. So both a burn & a share? Glad I picked up a bit & I'll be getting a lot more.

what's a make it stack btw

Congrats to everyone who made sick gains, ive seen the shilling but i didnt buy. Glad for you all!

>>18952148
It's the only real use case imo. All these other weird projects don't need a token or really benefit from decentralisation - but Defi does. Anything in that whole ecosystem is gonna be huge.

>>18952210
currently my favorite defi projects are compound, aave, and tokensets. I definitely recommend everyone take a look at tokensets.....no actual token required

>>18952233
I like it, been looking at it a lot. Haven't had any spare Eth to toss at it yet sadly. The other thing I want to try shortly is staking sEth (the Synthetix token) in the Uniswap pool. Synthetix gives you bonus SNX above the usual Uniswap fees for providing the liquidity, and since it's sEth & regular Eth (bother the same price), there's no loss to price slippage. Sounds good to me. Right now I want a ton more Lend, 0x & a few other things though, that's where the big gains will be for a while.

I knew to sell as soon as I seen this thread.

>>18950468
https://icoengine.net/ico/ethlend
http://archive.is/YLuVG
LEND (((AAVE))) (formerly ETH LEND) is a security, had an ICO, and the SEC is going to shut this shit the fuck down. The SEC has already shut other projects the fuck down leaving the bagholders with worthless ERC-20's. prepare for this or get fucked.

>>18952118
ENG tried that and it is over for that project.
>it will be different for LEND.

>>18952654
>>18952633
bad news for burgers then

>>18952633
They aren't even based in the US lmao. SEC can get absolutely fucked. They can say "No burgers" & boom, done. And they're not even the only loan pool - there's plenty of others. They're just the best of the bunch imo. So, weak fud.

>>18952750
that's not what happened for ENG. it killed the entire project. the project switched to a new token listed nowhere and there is no transfer or airdrop of the new token to ENG bagholders because the SEC would just say it's the same coin. ENG is dead, and LEND will die the same fate.

>>18952654
What, Enigma? That's because it was vapourware. Not even a remotely similar situation.

>>18952758
>They aren't even based in the US
irrelevant. the US can cut off their bank accounts anywhere in the world with the wink of an eye. all global banks suck US cock. if they don't 100% bow down to US might they lose rights to interact with the global financial system.
>SEC can get absolutely fucked.
that's not how this works
>They can say "No burgers" & boom, done
too late. the ICO was in 2017
https://icoengine.net/ico/ethlend
http://archive.is/YLuVG
>there's plenty of others
the SEC is coming after everyone who had an ICO.

>>18952774
>listed nowhere
You can list any ERC20s on Uniswap or other DEX. That's no excuse at all. This is the weakest FUD ever, seriously.

>>18952783
no, maninnet is out and it launched on a new (((coin))). the SEC went after ENG because it had an ICO and was a security. LEND had an ICO and IS a security and DID sell to US Customers.
>Game
>Set
>Match

>>18952820
>Bank accounts
My sides lmao. Keep it up though, really. Its hilarious that you think it works that way. Look at Binance brainlet, they do billions in turnover - billions - and all they had to do was specifically exclude burgers. SEC can suck it. They aren't going to spend the time or money to hunt down internationals for pennies.

>>18952820
you didnt buy, right? keep crying xD

>>18952854
Nobody cares about ENG you retard. I remember it being shilled here, I never even bothered putting so much as an Eth in, because it's always been garbage. And you still have this idea that every country on Earth is solely owned by the SEC, who have infinite powers in your narrative.
>Weak
>Cope
>Nigger

>>18952834
it is possible to trade for it. take your 30,000 ENG stack and what? buy it? from who? jesus fuck dumbfuck, this is public information. if you held ENG it is now worthless. the only people still buying it do not realize that it is a dead coin and the only announcement of it having no future use case WHATSOEVER was a blog post.
>As our team and community of validators work to support the new Enigma mainnet, preserving the existing Enigma ecosystem and its vibrant, committed community is of the utmost importance to us. At the same time, however, Enigma’s development team is committed to ensuring that our operations and future actions are in strict compliance with relevant regulations. This is necessary in order for our development team to continue supporting the development and success of the Enigma mainnet alongside the community.
>We have worked tirelessly to explore legally compliant avenues for facilitating a token swap between the ERC-20 ENG token and the mainnet SCRT coin. We are continuing discussions with our legal counsel and regulators to identify an effective means of facilitating a swap that complies with all relevant securities regulations, but for the time being, our team is not able to proceed with facilitating a swap.
>our team is not able to proceed with facilitating a swap
>our team is not able to proceed with facilitating a swap
>our team is not able to proceed with facilitating a swap
(((We appreciate your patience)))

Where does it go Short term from Here? Really considering cashing out my 3x.

>>18952908
the team has bank accounts, they will lose those. you think faggot devs exist in a crypto-only universe?
>KEK

>>18952966
>t. Wall of text I'm not reading
You got rekt on ENG didn't you? Lmao, how much are you bagholding?

>>18952943
I have had this coin since it was called ETH LEND and still have it but i don't give a fuck about it.

>>18953020
link will be fucked too, isnt it?

>>18952962
>And you still have this idea that every country on Earth is solely owned by the SEC, who have infinite powers in your narrativ
show me a bank that does not bend over backwards to comply with FBAR and FACTA and other US regulatory requirements. when the SEC goes after those devs there is no bank on earth that will protect them. they will lose all ability to interact with the financial systems of the world outside of crypto. they will cave and your precious LEND tokens will take on the fate of ENG.

>>18952998
Yes, I'm sure the SEC will launch an international investigation to close the personal bank accounts of non-US citizens in Finland. Ok anon, I'm bored now, so you win. An entire Navy carrier group will be dispatched solely to take out the devs with missile strikes or something, gotcha.

>>18953016
>You got rekt on ENG didn't you? Lmao, how much are you bagholding?
yes, and I also have this shitcoin.

>>18953060
I love how in your mind there's this whole SEC task force, dedicated entirely to wrecking Lend bagholders already. Meds, take em.

>>18953083
I can tell. So much salt. Be happy it's finally going up & you can exit if you're so worried. Good night anon, good luck with the fud.

>>18953071
>personal bank accounts of non-US citizens in Finland
The SEC will have their pound of flesh
>>18953053
>link will be fucked too, isnt it?
I hope they just get a fine. that will be bad for my bags.

>>18953139
>I love how in your mind there's this whole SEC task force, dedicated entirely to wrecking Lend bagholders already
that's your narrative anon, not mine. what I'm saying is that the SEC will come for LEND sooner or later. don't be bagholding when they do.
>you can exit if you're so worried
i did

>>18952750
Bad news for you cock sucker burgers own 80% of crypto and we make the rules

>>18953083
Sure

uniswap.aave.com

that's all you need to know

> people relentlessy shilling Aave everyday here since 200satoshi
> good reasons / ridiculously fundamentals
> literally the future of DeFi

"WhaT DiD I MisS?" lmao

>>18950654
I bought 10,000 a few days ago. Never would have known about AAVE if it hadn't been posted on /biz/, same as ChainLink. Thanks for enlightening us lurking normies.

>>18956079
You're welcome friend! Welcome to the family

>>18950468
Is it too late to buy BrOs?