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File: 24 KB, 699x228, kava.png [View same] [iqdb] [saucenao] [google]
55591314 No.55591314 [Reply] [Original]

>officially hand picked by the Tether people to bring in USDT liquidity to Cosmos
>opens up eth+atom bridge
>being used by many devs to bring a lot of defi platforms to atom thanks to their massive rewards given to people making stuff with it
I think Kava is the most braindead easy buy this year by far.

>> No.55591327
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55591327

>>55591314
Don't bring the defi degenerates to MY ecosystem faggot stay away.

>> No.55591358

>>55591327
>ERC-20 + ATOM
>Tools and incentives program exclusive for developers looking to make stuff with cosmos
You vill eat up ze defi shitcoins and you vill enjoy et.

>> No.55591388

Fairly impressive how they got curve, beefy and other lend/borrow/stake platforms to work with cosmos. Might buy a stack or two

>> No.55591393
File: 161 KB, 488x389, 0279742955.png [View same] [iqdb] [saucenao] [google]
55591393

>>55591327
>nooo dont bring liquidity and new users to my blockchain noooo

>> No.55591402

>>55591314
15+ APY = not sustainable unless they got serious vcs on board and even then thats not a good sign either.

>> No.55591408
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55591408

>>55591314
This is not bullish at all. Disgusting

>> No.55591438
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55591438

>>55591314
>USDT at 29.9% APY
Okay what's the catch nigga

>> No.55591464

>>55591402
no vcs as far as im aware no
>>55591438
i dont know and i dont really care. profit while it lasts and thats about it

>> No.55591478

>>55591402
>>55591438
This is nothing new you can make about the same in other places (which I'd rather keep to myself)

>> No.55591502

>>55591314
>>55591358
>>55591464
stfu and post the stake website faggot god damn

>> No.55591510

>>55591438
The catch is that they'll have your liquidity locked up so if they decide to rug you're fucked. You in still?

>> No.55591512

>>55591314
>ATOMtrannies didn't have native USDT in the first place
lmaoa

>> No.55591516

>>55591358
I never understood this shit. What's the point of promoting "totally legit developer sers definitely not a scam" shitcoins that offer no value? Look up most ERC 20 tokens and you'll see the results

>> No.55591532
File: 102 KB, 1920x1080, 1680902963444115.jpg [View same] [iqdb] [saucenao] [google]
55591532

>>55591314
Chainlink CCIP > Cosmos IBC
Prove me wrong.
>protip: you can't

>> No.55591543

>>55591314
welfare niggers who can only think about returns over time get the rope.

>> No.55591546
File: 188 KB, 384x498, 1639921305465.png [View same] [iqdb] [saucenao] [google]
55591546

>>55591502
sure. here https://app.kava.io/kava-liquid-staking

you also got lending if you want.

>> No.55591566

>>55591516
A healthy Defi ecosystem will make anything prosperous simply because money comes in from a shit ton of sources at once. This is why XMR (for example) bleeds while chains with lots of dapps perform better overall.

>> No.55591598
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55591598

>>55591532
Here is my argument good sir

>>55591438
>>55591510
That APY is in $KAVA not $USDT. Obviously you cant duplicate USDT like that the whole thing would collapse in less than a day.

>> No.55591604

>>55591408
Funny how they seem to completely avoid the fact that they got rekt by multichain

>> No.55591608

>>55591598
Boooooo

>> No.55591614

>>55591546
Sounds nice, what are current APY on Kava? anything interesting?

>> No.55591625
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55591625

>>55591604
afaik that was like two years ago. they were compromised but nothing really happened so they just deprecated multichain and built their own bridge to ethereum. probably better this way anyway these mega chain aggregators that connect everything never end well. too many exploits too many directions.

>> No.55591630

>>55591566
But XMR was never designed to make shitcoins. Its value comes from completely different means (aka being the ultimate privacy coin). What's your point?