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49819205 No.49819205 [Reply] [Original]

Your savior for this bear market has arrived. Either leverage trade to pass the time or stack GNS to earn upcoming dividends from gTrade. Good luck anons.

>> No.49819556

>>49819205
DAI vault is nice. GNS has been pretty stable through these bitcoin dumps too

>> No.49820040
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49820040

>>49819205
>>49819556
gfarm2 (the predecessor token to gns) held just as well when BTC dumped hard last year. that also resulted in similar crabbing before a violent rip up to $5.

personally I think it's only a matter of time before this thing goes 10x again (and beyond).

the whole crash is caused by centralized exchanges leverage trading against each other. this is bullish as hell for dex and defi.

>> No.49820054
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49820054

>>49819556
DAI vault is great for the people who know where the apy comes from. Most people call scam straight away. Their loss.

>> No.49820147

>>49820054
It still runs the risk of another LUNA situation where basically free money is given to shorts, but bringing the collateral up to 130% and continuing higher over time will keep it steady. Safest place to park cash in crypto imo

>> No.49820717

>>49820147
There's a pretty sizable amount of positive pnl that needs to be closed, so the vault's gonna take a hit sooner or later. The question is what to with any extra collateralization over 130.

>> No.49820760
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49820760

>>49820054
The longer it takes to catch on the more I can buy at low price

>> No.49821425

>>49820717
Fuck burn, give extra SSS rewards. Also gainschan is a cute

>> No.49821560

I'm siphoning $3k-$5k every single month from this platform kek, thanks for the money ig

that being said, good platform, shit tokenomic, and fuck midget & other bagholders for antagonizing traders for so long.

>> No.49821567

>>49819205
>>49820054
shill me this scam coin

>> No.49821613

>>49821425
I agree, but then gns becomes inflationary which is... not ideal. I already have dibs on gainschan

>> No.49821670

>>49821560
lp or vault?

>> No.49821718

>>49821670
vault

>> No.49821789

>>49821718
Are you gonna stick to the vault once gns staking comes or are you gonna transition to that? Trying to decide what to do.

>> No.49821822

>>49821567
platform with real revenue, nuff said

>> No.49821836

>>49821613
There will be no more minting for providing LP.
So there will just be burn when vault is over 130% or more fees for sss.
We will know soon

>> No.49822126

>>49821789
depends on the apr ofc, but even with high sss apr I won't transition too much (maybe 10% at most) until we go back to bullrun next year.

the problem with the token is in its raison d'etre. The token is literally not needed.

>> No.49822509

>>49821560
Shill me this scam coin

>> No.49822528

Also, what are the sui/make/kek it stacks?

>> No.49822595

>>49821718
How much do you have in there to pull out 3-5k every month? That sounds enticing and the platform seems legit.

>> No.49823204

>>49822126
true. I guess once sss comes it will serve the same purpose as a dividend stock

>> No.49823249

>>49822595
I'd say he has roughly 120k in the dai vault to get that much monthly

>> No.49823365

>>49823249
After some research, it looks like vault APY went up significantly this month after some problems surrounding Luna. Before now people were saying it was 8-25%.

>> No.49823399

>>49822528
5k sui, 50k make it i think

>> No.49823413

>>49823365
Yea my calc was assuming 40% returns