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/biz/ - Business & Finance

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File: 66 KB, 1600x900, BitDAO.jpg [View same] [iqdb] [saucenao] [google]
51653786 No.51653786 [Reply] [Original]

>> No.51653824

>>51653786
isnt it still a soft proposal?

>> No.51653834

>>51653786
these things take time. its an entire layer 1 calm down
>>51653824
yup

>> No.51653855

>>51653786
honestly i hope they actually take their time for two reasons
1- when L1s get rushed they almost always end up being of low quality or compromised security
2- my BIT are all staked and id be pissed if i missed out on the pump and didnt sell a tiny bit for profit

>> No.51653940
File: 35 KB, 618x597, shame.jpg [View same] [iqdb] [saucenao] [google]
51653940

>>51653855
>sell a tiny bit for profit
how dare you
shame on you

>> No.51653944

>>51653940
kek

>> No.51654123

>>51653855
Wait what happens to staked tokens if the l1 launches before the unstake?

>> No.51654174

>>51653786
your shitfuck claim to "largest treasury in the market" is false because all the tokens in that treasury are native tokens which they can mint forever

>> No.51654204

>>51654174
holy fuck this dumb fuck might actually be retarded
BitDAO actually has the most diverse treasury in the market with only 60% of the treausry being BIT tokens
thats super low when you compare it to other DAOs especially something like Uniswap with 99% of their treasury being UNI

>> No.51654238

>>51654174
This couldnt be farthest away from the truth
They have almost quarter of a billion in stablecoins plus they have A LOT of ETH
Theyre literally the 26th largest ETH holder on the market

>> No.51654254

>>51654174
also they cant keep minting forever because supply is fixed
they also enabled a burning mechanism

>> No.51654268

>>51654204
>only 60% of the treausry being BIT tokens
KEK ONLY 60%?
how is this even a flex
kys

>> No.51654275

>L1
>not a rollup
ngmi

>> No.51654305

>>51654268
im going to assume that you have zero ideas about daos
60 percent is actually VERY low. and this is also considering that bitdao initiated a buy bag program where they bought back millions of dollars worth of their tokens to bolster the price
so in reality it should be even lower but 60 percent is still very impressive

>> No.51654328

>>51654275
they're working with an L2 as well lol
zksync is developing a dao specific scaling solution for them

>> No.51654348
File: 203 KB, 1834x1324, bitdao treasury.png [View same] [iqdb] [saucenao] [google]
51654348

>>51654174
It takes just a couple clicks to prove you wrong
lol. lmao even

>> No.51654377

>>51654238
source?
trust me bro

>> No.51654508
File: 84 KB, 1125x1191, igtmi.jpg [View same] [iqdb] [saucenao] [google]
51654508

>>51653786
idk
idc
i still boughted

>> No.51654518
File: 162 KB, 1570x266, etherscan.png [View same] [iqdb] [saucenao] [google]
51654518

>>51654377
the amount of seethe on this board

>> No.51654530

>>51654238
Actually its almost HALF a billion dollars in stables

>> No.51654590
File: 28 KB, 780x438, uhhh.jpg [View same] [iqdb] [saucenao] [google]
51654590

>>51654348
how did it grow so fast wtf

>> No.51654601

>>51654518
the fuck are they doing with all this ETH and why ETH in particular??

>> No.51654755

>>51654590
All the locked BIT was released a week ago

>> No.51654759

>>51654601
its a good investment thats why
it faired much better than most other alts and will most likely start pumping as miners dump their last coins and new updates start being implemented to the new PoS chain