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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 24 KB, 699x261, AAVE.jpg [View same] [iqdb] [saucenao] [google]
19794747 No.19794747 [Reply] [Original]

https://aave-futuristic-dashboard.now.sh/

>> No.19794894

Virus link

>> No.19794908

>>19794894
Its their dashboard posted on telegram you idiot

>> No.19795127

how long until defi blows up?

>> No.19795184

>>19795127
Its blowing up right now. ICO 2.0

>> No.19795209

>>19795127
if you're not already buying into DeFi you're missing out.

>> No.19795392

apologize to compound, jesus fuck

>> No.19796173

>>19795209
I have a nice stack of lend and some snx. just trying to navigate the most profitable way to lend/pool.

>> No.19796244

Get on my level.

I went ALL-IN Aave (LEND) and used the Aave (LEND) as collateral to take out a loan to buy more Aave (LEND), then used that Aave (LEND) as collateral to take out a loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another loan to buy more Aave (LEND), then used that Aave (LEND) as collateral to take out another loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another loan to buy even more Aave (LEND).

>> No.19796263

>>19796244
Redpill me on this.

How much were you able to increase your stack by doing this? What happens if aave flash crashes like 30% overnight? Would you get liquidated?

>> No.19796432

AAAAHHHH I FUCKING TRIED TO SWING AND SOLD MY STACK AT .00055300 AND ITS STILL FUCKING MOONING AND IM FOREVER PRICED OUT.

JUST.

>> No.19796557

>>19796263
you get instaliquidated, even if it drops by 1%. It's like leveraged trading, but on steroids.

>> No.19796709

>>19796244
Wow sounds like infinite money! Crypto is so awesome. Surely there is no downside or potential negative ramifications to using massive leverage. HODL MARINES

>> No.19796803

>>19796432
Ok I got back in and increased my stack by 5% I'm going to fucking make it baby.

>> No.19796858

>>19796557
>you get instaliquidated, even if it drops by 1%. It's like leveraged trading, but on steroids
false

>> No.19796903

>>19796858
Red pill me please I want to do this.

>> No.19796952

>>19796903
The short answer is DON'T. If you do, keep the collateral way higher than these retards are telling you. All it takes is one whale to manipulate this shit market and you lose everything.

>> No.19797023
File: 215 KB, 641x584, 1592212975052.jpg [View same] [iqdb] [saucenao] [google]
19797023

>>19796432
>>19796803
/biz/ in a nutshell

>> No.19797510

Any news on staking?

>> No.19797529

>>19796952
>The short answer is DON'T. If you do, keep the collateral way higher than these retards are telling you. All it takes is one whale to manipulate this shit market and you lose everything
it's working out for me buddy