/biz/ - Business & Finance

I think we will reach 1$ within 48h from now and then retrace back to .75, while hitting 2/3$ next weeks

Dev for ENJ & CTSI (both on Binance) is active on the QUAI DAO github :
https://github.com/QUAIDAO/assets/commits?author=vhurryharry
https://www.linkedin.com/in/alexbai-9351/

Alec Curry is cofounder of QUAI DAO and ASKO

Binance listing page that links to dev's LinkedIn and GitHub : https://research.binance.com/en/projects/cartesi

Make sense

>>28641266
I posted that in a thread earlier, what's your point?

Swingies making me more ASKO.

Im fucking hyped for the Mainnet launch. Filling my bags for days already. Asko will go through the roof

Someone please tank the price so I can maximize buy in.

>>28641030
Does it make sense to try to get more now?
>t 7k stacklet

>>28642358
10k stacklet here, gonna buy another 10k next dip for staking tendies

the best part of the ama was realising we are gonna be rewarded with the returns of all the projects launched on this platform

like right now its cool and all getting 1 percent of transactions by long term this thing is a fucking monster

should i be swing trading this while it's crabbing? i've got a 2k stacklet :(

>>28642469
can you elaborate?

>>28642539
You should be liquidating other assets so you can be financially independent in two years.

>>28642469
It won't stay at 1% though

if I only had more eth for this
got 25k asko and rest is under ada

1 usd eow guys

Asko will surpass all expectations. Love the previews so far. Sure 5x from here until the end of the month.

Why are there like zero buys and sells right now. Activitiy is dead, whats up with that?

>>28642643
If the price goes up but the yield goes down I'll still be making thousands per month of dividends.

>>28642539
desu it seems like a good chance to swing, but one of next pumps won't stop until 1$ so if you fuck up you will lose way more than yo will earn. just hold and wait

>>28643036
People are waiting to see if it will pump or dump from mainnet launch.

>>28641239
lol everyone was trying to FUD that the name "King Shill" on the Medium account meant this was a scamcoin, and he's still listed on the shiny new website. Fudders eat shit.

All in on ASKO or nothing at all.

I make so much money from staking its unbelievable.

when we get to AAVE market cap ASKO will be $50 each

What's the suicide make it on this anyway?

>>28643212

yep
meaning even at 10% of AAVE's cap, one ASKO would 5 USD

and its currently sitting at 21 cents lmao
at minimum its a 50x bagger from now on

what time is the launch?

>>28643288
With a 5 bil USD MC
5k suicide
50k make it

Is this another ERC20 token?

>>28642539
Nah gas and 1% loss will fuck you in the long run

>>28643935
thanks guys. i guess i'll just hold then.

>>28643381
very hard to grab it at 20, whenever it reached 20 it just launched to 30 within 30min

>>28643573
>70k
I'm gonna cum

How long did it take for the staking transaction to go through for you guys?

I just tried to stake.. and it looked like it worked, but no ETH came out of my metamask and the website doesn't show I have any staked ASKO

>>28643935
who swing trades while staking wtf?

>>28644546
I hope you went to asko.finance and not askostake.com, which is a scam site.

>>28644546
took around five or so minutes for me
>>28644603
retards

>>28641030
I don't care one bit about the short term price change. I want them swingies to keep giving me divvies. That's where the real money on Mainnet launch is.

>>28643202
This.
My 41.5k bag makes like 150-250 in dividends a day, even with these shit volumes. That's 45-75/day just for providing liquidity. I'm comfortable rn.

>>28644632

Yeah, I'm at asko.finance -- made sure of that. Saw some people getting ripped off in another thread earlier.

>>28643181
what shiny new website?

>>28641030
this is going to tank after launch, and you better hope they don't have a single fuck-up or it dumps harder. i'll pick up your bags at .05-.10 next week!

>>28641681
Based. I just reinvested because it was 20x the amount it would cost in gas and it's been 6 minutes from starting at zero again and I'm already up 2 ASKO.

>>28644820
you're the faggot who just sold and you're now looking for a cheaper buy in price

>>28642539
Swingies get the rope anon. Remember that.

>>28643935
Nah obv don't stake if your going to swing. I'm swinging my stack but its not 2k and I make more swinging than staking right now because the gas fees and 1% are negligable in comparison.

You better believe I'm not swinging the launch tomorrow, too risky to get priced out if a whale jumps in on a dip and ropes me

>>28643036
almost 50% of the liquidity and over 40% of holders are staked. People are waiting for launch. The only trading action right now is swingers swinging against each other.

>>28644681
>making more staking 50k then I do being a wagie.

IMAGINE if this goes to even $2.

>>28645043
launch is today famiglia

last time to buy in before moon

im generating ~90$ per day just from staking

def the gonna make it coin

>>28645106
Yeah I'm in euro so its tomorrow morning for me

>>28644820
Dont be salty bobo
Hop on... its not too late

>>28645163
Gotcha! Well it'll be a nice breakfast for you then, anon!

>>28644632
Not him, but thank god I saw this comment because I was going to stake at askostake. Thanks bro

Imagine swinging not realizing the release is today

It's pumping and my MXC payment hasn't gone through

FUCKING RUSSIANS AAAAAAAAAAAAA

anyone know what the "30 day staking bonus rewards" is about?

>>28645464
relax, it's about to hit 22 cents

>>28645337
Just looking out for my asko broskies. Happy to help fren

Where can I find info on staking rewards?

>>28643288
>>28643573
It's 10k suicide
100k make it

>>28641239
>not one woman on the team
We are gonna make it.

>>28645468
good question. I also have not heard whether people trading the coin on exchanges generates dividends for stakers or if its just uniswap trades.

>>28645468
Read the white paper. It's confusing. 15 million coins set aside to divvy up 10% (1.5million) every month to registered 30 day stakers until it runs out is how I read it.

>>28645337
>tfw it's actually the reverse

>>28645569
Honestly this coin has been a stain on my portfolio. Fortunately I only bought a 2.5K stack but jesus did it dump. Not selling only because even if it dumps to zero, it doesn't impact my portfolio that much.

Pic related; me getting jewed

>>28645842
>check asko twitter
>asko.finance
wew

1-2 hours before new website launch. Should be interesting

>>28645920
just hold it man, the concept behind this WILL blow up

>No movement for 10 minutes straight
I can feel the anticipation holy shit.
It's like the cypto version of waiting with held breath.

No release? Lied to by a curry
Figures.... I really need to stop investing into coins that have more than 2 threads at a time. They are always rug pulls.

>>28645920
>>28646029

yup.. this ain't no pnd.
we are early on a great project.

>>28645805
That's how I read it as well. Its quite an elegant method of increasing the supply IMO. The idea is that the supply of tokens are handed out at a rate proportional to the trading volume, thus there are no supply shocks, but a smooth increase to the supply that moves along with trading activity (which could loosely be compared to demand). It also encourages more staking in the early days of the project, thus stabilizing the volatility of the early days even more.

I'm attributing this idea to Alec Curry, because he's the guy with the Econ degree, and this is very much a concept that came from an economics mindset, not a compsci/programmer mindset. Its a little touch to the project that contributed to my faith that this is a legit project, because if this was half assed or a scam, that level of detail would not have been here.

>>28645920
Ah yes i remember, the january '22 dump, should've sold at 450 in december

>>28646044
My man the boom is just around the corner. I'm getting my ass drunk and ordering a fat ass hooker for whenever the test net releases.

>>28646437
makes sense, people are still FUDing how GRT is going to triple its supply all at once in a few months

shouldn't asko.finance be down for maintenance or something if the launch is supposed to happen in an hour?

>>28646767
launch in 3-4 hours, confirmed on telegram just now

This is gonna dump so hard when the launch is either delayed or bungled.

>>28647176
fingers crossed, I only have 3k

>>28647176
So?

gotta say i dont know why they wouldnt release something like this in the morning for people to just wake up to, not sure why they'd have to be slaving over it all day to rush it out at night, shouldnt it just be ready by now on the day they announced for launch? they should have had the finishing touches on it before yesterday.

>>28646437
You have no idea how much you just soothed my concerns. I've been up 2 days trying to figure out if this is a scam or not. Team is still active in the TG, if this is a rugpull or dump, I don't know what the fuck they're waiting for.

>>28647458
who said they were rushing to finish?

>>28647664
Well people are saying they're not tweeting or doing anything because they're "busy with the launch"

>>28646858

sick

>>28647761
It was already pushed back from the 9th. The fact that they're so vague about the actual time of the launch would imply they're still working on it to the last minute. Doesn't scream professionalism honestly.

we are all about to get ass-koraped aren't we?

>>28647952
To be fair, nothing about this project ever screamed professionalism. The placeholder materials and such are embarrassingly bad.

>>28645092
That would take so much stress off my mind. I've only got 0.07% of the total staked. Even if it doubles from 46% to 42%, I'd still have 0.035%. If my math isn't wrong, that's still 75-125/day dividends at the current volume. $2 each would be 150-250/day

>>28647761
first the 9th
now the 13th

now who knows

fuck this scam, they openly admit half their team is just stock pics, ask on the telegram

>>28648068
There's a non-zero percent chance of this staying above 1$ in the long term.

>>28648068
46 to 92*

>>28645734
Every transaction. Swingies always get wrecked

>>28647501
I really do love how the question of "how do we keep stakers staking to give stability to the market" was handled with an economics mindset. You want to stake for the divvies, the more volatile the market is, the more profitable staking is, so the more people will want to stake. If you really want to unstake, nothing is stopping you other than your own decision making... there's no arbitrary 28 day waiting period to unstake (like with GRT).

Influencing behaviour through incentives is just a great way of doing it, and it allows people the freedom to change their mind should they need to in the short term. Divvies being collected from stake/unstaking will also encourage people to remain staked when others unstake. The other day when whales got scared of fud, unstaked and sold, I was just watching them divvies raining down on us... again, more incentives to stabilize the market when instability hits.

I didn't buy in so heavily on a whim.