Which defi should I invest in?

[Anonymous No.20087834]

Compound, Bancor, aave or kyber?

[Anonymous No.20087843]

>>20087834
COMP, REN, BAL, SNX, MKR

[Anonymous No.20087855]

>>20087834
akropolis

[Anonymous No.20087920]

Hello sirs Ranjesh here again as always doing the needful. I have an insider knowledge that curry token on Uniswap is going to pump at 7pm Mumbai time today. Fat whale from city is coming to village and is very hungry for curry... First you heard it here

[Anonymous No.20087975]

TRB STAKE & STA

[Anonymous No.20088136]

>>20087834
All 4 good picks. Gotta catch them all

[Anonymous No.20088138]

>>20087834
RLC thank me tomorrow

[Anonymous No.20088178]

$akro

[Anonymous No.20088186]

>>20087834
here's the red pill: after having failed their initial v1 launch and dumping more than 90% from ATH, they're finally launching V2 update in July, which brings the following features:

1) new version of Automated Market Making (AMM) that eliminates the risk from impermanent loss (HUGE problem with all AMMs that has previously stopped market participants from providing liquidity into the pools)
2) EVERYONE can provide liquidity to Bancor pools with just their token of choice, which hasn't been possible before. That means you can earn trading fees from staking LINK or RSR, while not having to have exposure to any other tokens in the liquidity pool. That means all the digital assets that don't have staking will move to Bancor to earn trading fees
3) amplified bonding curve that reduces price slippage now also available for volatile assets (example: AMM with $100k in its reserves has 10% slippage on a $10k trade; but if you introduce 20X amplification, the slippage on the same trade will be reduced to 1%). That means buying/selling will have less slippage than on centralized exchanges. All trading will be done in Bancor
4) as a liquidity protocol they provide liquidity to lending protocols and this means that all decentralized exchanges will outsource liquidity from Bancor, which means Bancor liquidity pools become even larger and more profitable; this creates additional demand for BNT (liquidity loop)

Important! The game theory behind the liquidity black hole:

twitter.com/Rewkang/status/1272631205263900672

[Anonymous No.20088194]

>>20088186
>inb4 token not needed
The BNT token is crucial to all the Bancor AMM's (automated market makers) as it by design makes up 50% of each liquidity pool on the network. Why is that important? Market participants will be incentivised to stake their long hold token of choice in Bancor V2 liquidity pools due to getting no impermanent losses from staking and having the advantage of single token exposure, while earning trading fees as liquidity providers at the expense of traders executing trades. So if the value of the other tokens in the liquidity pools increases, the BNT proportional value has to increase as well to balance the pool. How will this happen? From BNT stakers getting more favourable dynamic fees if the pool is unbalanced. This creates more market incentive for people to buy additional BNT to 'arbitrage' the fee imbalance from the pools - price of BNT goes up. Another important factor: the BNT supply will be inflated as BNT staking rewards will be given from minting new supply, which amplifies the potential earnings from staking BNT in addition to making profit from trading fees. If you're not staking your BNT, you will be diluted out of your market share %, so there's a game theoretical design for every holder to stake their BNT, which creates the following loop: the more BNT staked > the better the liquidity for traders > less slippage for traders > more volume > more fee earnings for liquidity providers > more demand for BNT > price of BNT goes up > deeper liquidity pools > less slippage > more volume > more fees > more demand for BNT > BNT price goes up and the loop goes on and on until all digital assets are being traded on Bancor or outsourced from Bancor liquidity pools. That's what's called the 'liquidity black hole'. If that loop gets succesfully implemented, there's no ceiling to how much BNT could pump.

[Anonymous No.20088382]

>>20087834
Bancor or Kyber
Im in KNC but we have been pumpning a lot, so maybe wait for a dip

[Anonymous No.20088388]

>>20087834
bro cant believe you are sleeping on Momentum

I probably shouldnt be telling you this, jannies will lose their shit, but if you wanna make some easy crypto, check out this discord invite contest

1st prize of 3 eth
2nd prize 2 eth
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