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29861193 No.29861193 [Reply] [Original]

can someone explain this to a defi brainlet? seems bretty legit

>> No.29861318

buy it in a couple of months, not gonna do much until v0.5 comes out q2/q3

>> No.29861481

>>29861318
i'm thinking of starting to accumulate now. can you help me understand the token? i know it's governance, but is the value behind the token because they get a portion of the DFOs created with their app?

>> No.29861508

posting so i can write out a paper

>> No.29861575

>>29861193
Build your dApps out without fear of the code fucking up. Can be reverted at any time and nobody gets fucked over

>> No.29861710

>>29861508
thanks anon.

>> No.29861906
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29861906

basically on-Ethereum blockchain organization startups. with their own AMM and ERC wrapper that will save gas costs from old systems that would normally take 2-3x ,more gas/transactions. They are making their own AMM with Covenants.

anyone can make their own on chain company and set token distribution rules and all will be decentralized and anonymous and people have a say in what the on chain company does. no one owns it. someone creates it but they dont own it. so basically you can adapt to trends in the market say when the .finance trend happened a DFO could be launched to mimick the finance project however it will be UPGRADABLE. No need to scrap the token or project or no need for token swaps. This is why its huge.

https://www.youtube.com/watch?v=rWtcJHXUtaI&ab_channel=DFOhub

If you watch that whole thing, somewhere in the middle he says something that will click a switch in your brain as to why its huge and why their other products are huge (covenants and items)

>> No.29861974

>>29861193
Its what ETH should have been at the start.
Arte wraps everything removing all the trouble caused by erc and their subtypes.
>Wrap any asset
>NFTs can be used for farming and collateral when wrapped.
>create collections of items.
Use case after use case after use case.

DFOHUB and items are going to make you insanely rich...if you own atleast 0.01 of the supply.

>> No.29861993

>>29861906
They have plenty of content on their youtube channels and youre always welcome to join the discord and they have mods that will answer any questions you have. friendly community. however price talk is not allowed in discord, theres an unoffical telegram for that.

>> No.29862088

>>29861193
Fucking love this project. Are there any other gems out there that are trying to do something brand new and aren't absolute shitcoins?

>> No.29862206

>>29861906
thanks for posting all of this. reading now.

so if i am understanding correctly, the BUIDL token gains value through both governance and getting a piece of every DFO that is generated using their application, which goes into a pool / treasury?

>> No.29862560

>>29862088
SDT, YAX, BOND, GFARM2

>> No.29862829

>>29862560
All these pieces of shit are pumped 4x-20x fuck off sir

>> No.29862997

>>29862829
What the fuck are you talking about? Those 4 projects together don't even reach $25M in mcap TOGETHER. SDT is at like... All-time low. DYOR instead of only looking at the charts like a mong.

>> No.29863152

>>29861193
hold a good stack of these these, team has been popping out great project after another, something is bound to takeoff

>> No.29863752

unironically this is the next big thing
you wond find any other project:
1. backed by ETH foundation (edcon 2020)
2. perfect tokenomics = almost all the supply is already circulating
3. DFOs are the future , DAOs are the past ( more decentralized, SEC safe, lego smart contracts etc etc etc etc). This techonolgy is literally the future.
4. based devs: Eth nerd.
5. self founded , NO VCs dumping tokens.
6. you wont find paid shillers shilling this project because the Devs are serious ( Vitalik style)

>> No.29863766

>>29863152
yeah, i'm sold. covenants looks like it has tons of potential. DFO seems to make a lot of sense.

>> No.29864245

>>29862829
retard brainlet swinger won't make it kek

this is a buy and fucking hold

>> No.29864786

>>29862206
yep. owning buidl represents ownership of the chain.

>>29862829
buidl is a "buy for 2024" token at this point. even if we get a freak 100x (which could happen considering the supply) this run, it won't compare to what we'll be seeing once the project has matured and begun proper marketing.

>> No.29864942
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29864942

>>29861193
you need to dumb down your shill threads ale

>> No.29865021

>>29861193
Helps platforms not get sued by the SEC like XRP.

>> No.29865166

>>29864942
i dont know who ale is an i can promise you i am defi rarted.