/biz/ - Business & Finance

Can somebody give me a quick rundown on how to stake coins for DeFi? I'd like to make my LINK and RSR work for me.

>>22806944
Were going to be running shit soon anon

>>22806944
>interest master
kek'd

wtf am I supposed to be buying? what are the good ones?

>>22806967
Sell it for HEX and ALGO, and stake that. HEX started the DeFi run is audited twice for security and an economic audit. The majority of institutional money will flow through ALGO

>>22806967
if LINK could be staked it wouldn't be sub $10

>>22806944
tfw the crypto jew in 5 years.

>>22807127
Can confirm, ALGO is based af, will be at least top 5 soon, just waiting for the switch, its already official blockchain for usd, and its only 3 years old. Obviously fuds with "muh marketcap" will ignore eit but true algochads who hold it will 1000% make it.

>>22807114
pickle.finance

>>22807193
>>22807127
God it feels good being a comfy Algochad

>>22807170
I used the word staked to mean placed in an exchange pool so that it collects interest

>>22807247
1k Algo bag enough to make it?
What's the suicide / kae it stack?

>>22807616
Anything above 100k is make it, I have around 25k currently. Suicide stack is 10k which costs around 3k at current prices.

>>22807193
im not fudding but what's the value proposition of the token, your supposed to stake it for no rewards?

>>22807114
SYFI is getting staking soon, current price about $26 with a circulating supply of about 60k tokens. Yes it’s insane. Comfily waiting for mooning.

>>22806944

It's not quite like that as way more people are aware of the potential, but yeah for once I finally get to experience a new technology and get to ride the wave from the beginning. This time I'm not gonna make the same mistake and ignore it until MSM picks it up

If you're not staking DEXToken, an oracle-less, low slippage dex, then you don't deserve to make it.

>>22807127
A fellow HEXican, based.

>>22807953
I'm already in anon.

>>22806944
Nice reference to Noah Zinsmeister

>>22806944
Kys nobody in the real world cares about these shitcoins. Just pajeets and scamming whales. Maybe things like AAVE will have a place in the future but probably not.

>>22807247
Shill me on algo

>>22807953
good to see another based DEXG millionaire in the making

>>22808478
https://www.algorand.com/resources/news/china-bsn-algorand/

>>22807616
ALGO will take over everything so 1k and over is make it 10k is fuck you money

>>22808512
Based dextokener.

>>22807114

CREAM
DEUS

>>22807295
Send link to aave, send aLink (aave link) to yfi, collect money.
This is a very safe way to earn some extra money. There are riskier and more complicated ways to make more.

>>22808478
Centralized ETH killer #547
>this time it’s different

>>22809091
>implying it cant rise
what a dumb copelet. BUT MUH SUPPLY, fud more nigger, go back to your stinkie threads

>>22807886
Another SYFIboi good to see here. Can't wait for the next mooning

>>22806944
defi is a meme nigger, if you have to give the bank 100k$ in assets to borrow 80k$ then no one would ever do it, defi is just for leverage trading degenerates who put their crypto and borrow crypto to short the crypto or some shit.

>>22806944
It's giving crypto a bad name.

I do stand to profit quite heavily from a few defi projects if they take off, but the satisfaction of knowing that banks are actively being replaced is almost enough. I dream of a day when people keep their money on decentralized platforms, and are able to reap the rewards that the bank normally just pockets (by investing your money).

When bankers start throwing themselves from their offices on Wall street, you will know that defi has won.

>>22809180
Let me guess you’re an xrp zealot and you bought algo because of that hilarious little iso20022 drawing that one of your pajeet buddies drew up in 5 minutes

>>22809595
>Being this stupid
You do know that money is lent out by other people right? You do know you can collect interest from other people borrowing off defi platforms, right?

ngmi

>>22809062
thank you bro

one of the most worthwhile tokens I follow now is XFYI - XCredit Finance is bringing real value onto the field with their product. Demand is high and guys are coming with solid listings. Trading Live on Bilaxy Now - 1200 ETH VOLUME! https://bilaxy.com/trade/XFYI_ETH

>tfw joined defi in 2018
>tfw left because nothing was happening
>tfw now have to watch all the pajeets and retards making fortunes
>tfw already lived through this with linkmarines as an eth holder
if you want to make money just do whatever i was doing 2 years ago because there's such a thing as being too early and i keep fucking it up

>>22810675
I had LEND tokens airdropped to me years ago and still have them in my old wallet. Should I hold or sell?

>>22807232
based, but it is running out of momentum

$MANY is the next big DeFi project. it was only 600k marketcap when i told biz about it a few hours ago. now it's 1m marketcap. they have first class devs, backers and community. launched yesterday. website and yieldfarming starts today. make sure you buy the real many because there are many fakes. https://www.coingecko.com/en/coins/many

>>22806944
No, we're closer to June 2017 right now. Two more big pumps and then bear markets for over a year.

>>22807193
This. ALGO is the future. With a team like theirs, they wont go unnoticed for long

>>22807114
Just as the other guy said, Buy pickle. Lots of it. Its going to the moon so very soon.