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/biz/ - Business & Finance

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22502284 No.22502284 [Reply] [Original]

why isn't everyone doing this? it is a stable coin and should came back to 1 usd... what am I missing here?
Contract is audited... what am I missing here?

>> No.22503000

why no replies?

>> No.22503034

>>22502284
"lending" or "staking"?

>> No.22503067

>>22503034
lending

>> No.22503137

>>22503067
is this the beehive2 thing? i'm trying to find info

>> No.22503147

I remember I heard about this a month ago but then didn't because of fud and ampl sounding maybe a little shady

>> No.22503151
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22503151

>>22502284
This sounds interdasting. Link?
So, since its lending, so you get rewards in LINK or AMPL?

>> No.22503158

I think if the price of ample goes down or negatives rebases occur you may lose some of your position in the other asset. When you provide liquidity to the pool , you can connect your wallet to zapper.fi and watch as the numbers change from day to day. I am participating in the numerai ample pool. You are talking about the encledius geysers right?

>> No.22503163

>>22503151
Also, for how long can you do this, and will my maybe invested links get locked for x time?

>> No.22503237

>>22502284
>the code has some bug in it
>oops you just lost all your Link

>> No.22503278
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22503278

>>22503237
> going all in when lending

>> No.22503298

>>22503158
If link legs up the geyser will rebalance and you'll lose a % of your link as it'll be swapped to ample. People who don't understand impermanent loss are going to be very upset.

>> No.22503327

>>22503298
Impermanent loss still applies to single asset stakin/lending?

>> No.22503328

>>22503298
Thank you , this is what i meant.

>> No.22503353

>>22503327
In the case of the geyser it is a pair .
Link-ampl

>> No.22503365

>>22503327
Doesnt apply to staking lending

>> No.22503380

>>22503327
No single asset lending is different. The point of the enceladus is to replace the pairing asset from eth to ample, it's the first step in their move towards E-fi

>> No.22503407

>>22503380
Do you know how much longer the enc pools are staying open?

>> No.22503417

>>22503151
https://www.ampleforth.org/geyser/enceladus-mooniswap-link-ampl

>> No.22503430

>>22503327
bnt on line one

>> No.22503453

>>22503237
>>the code has some bug in it
the code is audited

>> No.22503470

>>22503407
If you want to put your link to work, deposit it in aave, then stick your alink in the yfi vault at 32%

>> No.22503489

>>22503470
Thank you

>> No.22503531

>>22502284
Wowww 190%

100% stablecoins on swerve and harvest.finance gives you 350% with no rebasing gimmick shit

>> No.22503571

qrd?
Explain it to me like I'm a retard. Because I am...

>> No.22503623

>>22503470
Cost me over 1k in gas fees for a 1k stack, I'm guessing im priced out.

>> No.22503653
File: 105 KB, 750x1000, Hell+yeah+boi+_ba4494c96c7072856d99885c6a8ffa50.jpg [View same] [iqdb] [saucenao] [google]
22503653

>>22503353
Ok lol no thanks. Pairs are fucking aids mates.
>>22503365
>>22503380
Thanks frens

>> No.22503673

>>22503531
Any singleasset staking like yfv has over there? Love those

>> No.22503684

>>22503623
It shouldn't, I paid £27 in gas to do 10kalink.

>> No.22503697

>>22503684
Ok cheers mate, I'll have another look

>> No.22503727

>Imagine falling for a scam
NOT YOUR KEYS NOT YOUR LINK

>> No.22503884

>>22503417
>https://www.ampleforth.org/geyser/enceladus-mooniswap-link-ampl
the link is this one

Or you can google AMPL geyser and selecT LInk-AMPL

if you don't wanna click that link

>> No.22503897

>>22503531
have you anything better than 190 faggot?

>> No.22504021

how is any of this clown shit sustainable? 90% 190% even 32% what the fuck is this

>> No.22504135

lmao AMPL is broken

it WILL NEVER be at its supposed peg (1$), it spends all the time below it (50-70c at best).
It's literally a failed experiment, imagine altering supply on a coin will meaningfully affect coin price.

Absolute cringe

>> No.22504149

so your theory is dependant on AMPL eventually returning to 1 buck peg, but it's simply not happening lol
>>22504135

>> No.22504166

>ampl
>stablecoin

this is your brain on retard mode

>> No.22504400

>>22502284
that site looks sketch as fuck, they WILL actually steal all your links i bet

>> No.22504520

>>22503897
Nigga did you even read. Harvest.finance or Swerve.

Harvest is better imo, saves you the trouble of locking up swerve for the 2.5x booster

>> No.22504532

>>22503673
Yea you can stake 100% stablecoin for ~300-350% APY

>> No.22504552

code is audited

>> No.22504566

>>22503453
lol brzx?

>> No.22504574

>>22502284
damn AMPL is just really really cool

>> No.22504590

>>22503353
>In the case of the geyser it is a pair .
so I should lend the same ammount of Link/AMPL in usd?

>> No.22504614

>>22503327
>Impermanent loss
What is this? could you please ecplain to me?

>> No.22504654

>>22504590
50 50 yes , but you run the risk of losing link

>> No.22504765

>>22504590
You should read it or figure it out yourself , or you will feel tricked if it goes badly

>> No.22505006

>>22504566
>lol brzx?
lenders got their funds back
>>22504654
>, but you run the risk of losing link
why?

>> No.22505358

>>22505006
>>, but you run the risk of losing link
help with this pleasa

>> No.22505404

Is that saying if you deposit 1k link in that geyser you get ~2k ampl back a month? What?

>> No.22505520

>>22505404
Hey I'm Bill Gates and I want to give back to the community
Send 10000 LINK to the following address and you will receive 2K back

>> No.22506053

>>22505404
>Is that saying if you deposit 1k link in that geyser you get ~2k ampl back a month? What?
you have to leave them in the pool for 1 year