/biz/ - Business & Finance

Fucking trust me

>>26292505
ARPA

>>26292505
Surf

DIAQ hold TIL 1 dollar. I know things

>>26292505
why the fuck doesn't he want the crust? What do you """people""" have against the crust? Nothing wrong with crust.

>>26292505
FastSwap, launches in like 11 hours
Currently under 1mil marketcap.
Cz binance follows their twitter
It’s a crosschain dex /defi platform
Easy 10x from here

>>26292505
Just buy some ATOM, stake it with someone like Forbole or Stakin'. Once a month claim the staking reward. Reinvest. Repeat.

>>26292574
They are adult children

>>26292648
what this mean

>>26292561
You mean DAIQ - Daiquilibrum, right? Get it right. I haven't been working my fingers all week for people to misremember the token.

RAMP

>cross-chain liquidity bridge
>yield Stacking. Keep adding capital to your stake
>partners with elrond, tomochain, and injective labs

>>26292771
I see it took an insane dump since launch, why, and why should it go back up?

Akash (AKT). The AirBnB of cloud computing. 90% of tokens staked, so it has a nice price floor and only goes up

>>26292771
u spelt it wrong g - daiquilibrium

Unironically bao

>>26292505
>Bao
What?

>>26292859
Thanks for showing an interest in the token, anon. (semi-copypaste from another thread coming, I'm getting tired of typing over and over)

To make a long story short, DAIQ is an algorithmic "stablecoin" with a dynamic supply, pegged to $1. At the time of my post, 1 DAIQ = 25 cents. From there, you understand the potential gains to be made - you have a chance to multiply your value by 4.

See this video to understand how the model works: https://www.youtube.com/watch?v=0ww5zvvphX0

>TL;DW
The protocol is a fork of ESD/DSD and other tokens of this kind with the basic economic/game theory principles:
>When DAIQ > $1, holders get rewarded with bonus tokens who come from the increased supply in order to make people push the value back down to the peg by selling
>When DAIQ < $1, people will buy due to greed for aforementioned rewards and potential profits since it's below its supposed valuation
>When DAIQ < $1, holders also have the possibility of willingly burning part or all of their DAIQ holdings in order to reduce the supply, increasing both demand and DAIQ's value and as a result - this is called buying a coupon
>people can then redeem said coupons, get back their tokens with a bonus so they end up in profit
The main advantage of DAIQ compared to DSD is how you can choose the time limit of said coupons. The higher the expiration date of said coupon until DAIQ reaches the peg = lower premium, and vice-versa. It allows any risk profile to participate in the protocol to push the price where it's supposed to be.

In theory and on paper, so far so good. But here are some HUGE risks and warning signs you should be aware of:
>anonymous team
>no real value behind DAIQ's $1 valuation
>required volume and buy pressure to maintain such a cycle in place is EXTREMELY HIGH in reality
>experimental token
>you buy because you expect others to think like you and buy before it reaches $1 (WHEN IT'S NOT GUARANTEED)
>might never get out of its debt cycle
>ANON TEAM

>>26292574
>>26292692
>having a preference you disagree with
>being an "adult child"
Lol cant be ferreal dog. Crust sucks ass.

>>26293042
>>26292859
So yeah, it's not what I'd call a proper investment in the sense that there is no real value proposition behind DAIQ. (i.e it's backed up by nothing and is worthless, it shouldn't be called a stablecoin.)
One glance at the Dextools chart should be telling you how this model also failed to properly balance between the HUGE pump, inflated supply/rewards during it's expansion phase following the listing hype and the resulting dump from $4 to 0.04 cents in a matter of days. (FUD from War on Rugs also took a part and this is what delusional bagholders will tell you, when it's actually people who had and probably STILL HAVE excess DAIQ who sold their profits obtained from the previous expansion phase when it was above $1.)

However, this bet can be fruitful considering I clearly was not alone thinking that other people would see this chart and consider the potential gains if it were to go back up to $1. Moreover, the team seems really adamant in making this work with some of their treasury funds they have allocated for marketing purposes, and this recent tweet (https://twitter.com/iearnfinance/status/1351938228086042628?s=19)) indicating there's more in store to come. The tweet I just linked is mostly responsible for this last spike in volume and price from .15 to now.

I started shilling since January 16th after I bought at 10 cents, and have been quite proactive about it. I usually end up talking alone most of the time in my threads (>>26271134 being the latest) so this is technically under the radar, as far as /biz/ goes. But as I've said, THERE ARE RISKS, this might be a delayed exit pump, and this is not what I'd call a legitimate investment. Be careful, think twice before buying anything and if you get a bag expect the worst because it's an anonymous team.

>>26293284
>FUD from War on Rugs also took a part and this is what delusional bagholders will tell you
is most responsible for the dump* apologies there. I'm getting tired