/biz/ - Business & Finance

>>50356435
>$50
you're smoking crack. I'm going to start unloading at $2.50 and finish selling most of my stack by $5-$10, depending on how we get there and macro factors (but I'll keep a few thousand in case you algo maxis are right).

>>50356478
You think he’s smoking crack? I’m smoking meth and the voices are telling me that 1 ALGO will be worth $1 million in 2030. They’ve not led me astray so far, and I don’t expect them to anytime soon. You don’t know what’s coming, boy.

>>50356823
>>50356478
>Ever selling your Algorand brand Cryptographic Currency ALGO tokens

Staci shiggy all over my diggy until I DCA everywhere

>
On topic, who here is using Algofi regularly? Minted some goBTC to harvest algo during the bear. They also have a stablecoin ponzi running atm.

>>50356991
AlgoFi is my conservative ALGO savings account, and I haven’t done much with STBL lately. The fact that the STBL awarded to Peg Index stakers comes from STBL borrow interest is reassuring, but it doesn’t give that 17.5% APR a lot of runtime, about 30 days from my calculations. I’m waiting for state proof bridges before I try bridging anything, but AlgoMint has been great so far. I’d be cautious about Wormhole, though a lot of their xAssets will be lendable on AlgoFi. I get the feeling that I’ve secured a substantial BANK airdrop, though. Yield farming pays more than governance so I do that.

$.05

>>50357205
>BANK airdrop
>Yield farming > Governance

Explain. I'm too chicken to LP with my Algo, what other yields are out there?

>>50357425
AlgoFi is going to airdrop their governance token, BANK, to anyone who’s been providing liquidity in the dex or the lending market for the past few months. A certain new dex which I’d prefer not to mention hosts yield farms with some crazy yield which basically cancel out impermanent loss. Governance doesn’t pay out this kind of yield

algo, hbar, matic, icp, radix, ftm, i never hear anything exciting about these chains, they still exist in the space of "magical internet blockchain technology" that will somehow "change everything"

>>50357884
>I only invest in things I hear about passively
DYOR incel

>>50357680
LP farming with shitcoins seems dead risky

where my vesties at?

>>50358473
I have, and i've got 50k not invested into any of those things, sir projection.

>>50358630
I can assure you that Vestige is no shitcoin, but rather a platform for the utmost shitcoinery on Algorand.