/biz/ - Business & Finance

It’s been incredibly successful actually

>>53722349
proof of shit yes

ETHBTC is holding extremely well in this bear market. Bottom last bear market: 0.016, bottom current bear market: 0.050.

>>53722349
I need 10k/ETH right heckin soonish

>>53722349
Avalanche Succeeds were Ethereum failed.
buy AVAX

>trustworthy tool for decentralized app development
sweetie... get some rest

>>53722492
Hahahahahahahahahaha

>>53722898
Lets compare ETH staking to Avalanche staking:

>ETH staking withdrawals will not be available right away
Avalanche withdrawals are available since Mainnet launch YEARS ago
>The current plan is to deploy the withdrawal functionality in a software update 6 mo - 1 year after the Merge.
essential stuff like this was never missing on Avalanche, this means you have to stake ETH for up to a year, maybe even longer while on Avalanche you can Stake for 2 weeks minimum or 1 year maximum or anything in between.
>The current projected income rate (for ETH) is around ~4% APY
Running an Avalanche Node has a proven 9% - 12% APY (paid in AVAX) since Mainnet Launch 2 years ago.
If you run a Node you get Staking rewards, % of your delegators rewards and Tokens from validating several Subnets. (The Golden Subnet Bullrun has not started yet).
>Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,
there is no queue on Avalanche, its instant, sub second, its finalized faster than you can press F5. thats all transactions or smart contract interactions on Avalanche, even when you go crosschain between X Chain and P chain and C chain and other Subnets its instant. Sub Second finality.
>Transactions take 14+ Minutes until they are finalized
I repeat: on Avalanche transactions are almost instant.
>Ethereum has Slashing which means you can lose your stake due to a Hardware or Software bug
No such thing as Slashing on Avalanche.

>>53722383
>no withdrawal function
>ofac-compliant and government-captured
>nobody runs their own node
>successful project

>>53722916
Lets compare AVAX hyperinflation to Ethereum deflation
Thats all
You can boast about more apy but thats worthless when it has 30% Inflation
The rest is also bullish Ethereum also has instant transactions and on avax you could also wait for a long time
Slashing and instant finalizing are the main weakness of avax since it makes it lesssecure

it's not ethereum's fault, ultimately nothing can win out over bitcoin without contorting itself into focusing on only short to medium term goals. the never ending supply of better and better altcoins only hasten the need for short, immediate wins, than being able to develop slowly and with care.

besides, ethereum is one of the only examples of an altcoin that actually managed to focus on the medium term rather than just the short term, the rest burn up almost completely each bear market. at least ethereum's devs can say it accomplished something.

>>53722434
the pivot to ponzinomics has been a boon for the coin price, definitely, one of the only smart decisions they made over the past 48 months.

>>53722959
>ofac-compliant and government-captured
Lies

>>53722916
12% APY with 24% inflation

everyone gets slashed 12% to pay the VCs and devs, the only ones allowed to have 40% apy.
scam

>>53722962
>AVAX hyperinflation
AVAX is hardcapped and deflationary since Mainnet launch.
>30% Inflation
Avalanche doesnt have 30% inflation.
>Ethereum also has instant transactions
no they dont. keep waiting for your confirmation like a retard.
only Avalanche has Sub Second finality.
>on avax you could also wait for a long time
SUB SECOND FINALITY

also Slashing is not needed.
try again brainlet

>>53723004
explain this then

>>53722349
ADA is superior real nigga shit

>>53723048
>deflationary
This is such a bold scammy lie that i dont bother anymore
Who cares if the hardcap moved down a bit, until you reach the hardcap you have years of crazy inflation

being a POND baggie has taught me that you only truly fail when you stop trying. everybody knew eth would take a hit after doing the switch, but it's all a game of patience, is it not?

>>53722349
And you failed as a son to your parents. What's your point?

>>53723151
>This is such a bold scammy lie
All AVAX fees are burned making it deflationary.
> until you reach the hardcap you have years of crazy inflation
there is no crazy Inflation also most AVAX is staked or delegated to Validators.

try again Brainlet.

>>53723216
>it's a game of patience
are you sure about that anon?

>>53723151
avalanche designed to be highly deflationary, read about subnets validation ecosystem they're planning to role. In a couple of years 90%+ of AVAX (token) could be almost illiquid due to lucrative staking incentive which will naturally lead to demand vastly outstripping supply

>>53722349
Yes you sub-human IQ monkey, we all know that already. The only people who still don't know are redditors. Maybe you should go /back/ and inform them.

>>53723236

>>53723374
This is fake pic, I know this because all public/private/seed/strategic sales already unlocked months ago.

>>53723236
See>>53723374
Look at this you absolute scum of subhuman
You lie without shame
>>53723440
Im pretty sure its not fake you can also check supply throught wayback
>>53723335
In a couple of years the inflation shouzld be at apy leveö and then i maybe buy

>>53722492
>>53722916
>>53723048
>>53723236
fucking kek such cope

>>53723374
most AVAX is staked or delegated to Validators. Unlocks wont change this and with more usage (1500 subnets are already in the works) more AVAX will get locked up and also burned forever.
try again brainlet.

>>53723003
>the pivot to ponzinomics has been a boon for the coin price, definitely, one of the only smart decisions they made over the past 48 months.
Exactly. I'm a BTC "maxi", but it's impossible to deny that ETH has way better ponzinomics than BTC now. The only thing holding it back is the security fud.

>>53723526
>inflation doesnt matter because i say so
>waaaaahhhhhhhh why is it underperforming
The absolute state of avax retards

>>53722959
>what are LSDs
>below 50% as of now
>erigon
>largest TVL

you are coping

>>53723552
>why is it underperforming
AVAX will recover easily.
Also Avalanche Staking Ratio is higher than Ethereums Staking ratio and will only go up as more Subnets come out.

i'm in disbelief spiritual jeets still mention avalanche in ethereum threads
there is something about this place that rots people's brains since 2017
it started with the bitcoin laggards
then we had the bnb laggards
now we have avalanche laggards
some of you will unironically manage to miss the greatest transfer of wealth in history, while even normalfags are aware of it now

>>53723216
jesus fucking kek, I thought nothing could surprise me anymore, I was wrong, pond is still alive

>>53723216
kek, cope with the fact that it's vaporwave
>>53723733
It's always gonna happen, seethe

>>53722349
Bitcoin has failed as a project too, but you guys aren't ready for that discussion.

>>53723745
why would i be "seething" about you losing your money
you browns simply cannot understand memetics
even ai does a better job at it now. but you won't be able to afford a gpu to run meme LLMs locally, because you'll have lost all your money on a last gen shitcoin...

>>53722349
pedochain not sneeded

When did that coin get poisoned?d

>>53722349
>another avax shill thread disguised as ethereum thread
It's all so tiresome.

>>53723996
especially amusing because all the possible reasons for ethereum's proclaimed failure hit me-too l1s like avalanche even harder.

>>53723472
It's fake. All tokens except foundation and staking rewards (the latter shouldn't even be on the table desu, every POS chain have staking rewards, It's retarded) unlocked in 2022.

It's subhuman malicious fud attempt from probably polyjeet or icp niggers as always

>>53722349
I love the cope of the maxi!

>>53722349
doesn't look failed in my wallet tbdesu

>>53722492
>>53722916

How about both ETH and AVAX are bad because Proof of Stake is bad

Did they rub new DPI all over my coin tonight?

>>53726470
update your graph

>>53726564
Nothing wrong with Proof of Stake, works on Avalanche, doesnt work on Ethereum because its overall a bad half assed implementation.