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/biz/ - Business & Finance

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21961758 No.21961758 [Reply] [Original]

WHAT THE FUCK WAS THAT

>> No.21961854

>>21961758
Just wait until TVL starts getting locked in. Steady gains every day anon. Stake / yield farm for even more gains. Double yield farm rewards for the first few months will lure farmers from other platforms to BZX. We're going to be fucking rich.

>> No.21961873

>>21961854
>TVL
does this mean loans or some shit? 90% of the staking rewards come from trading volume, not loans

>> No.21961884

>>21961758
https://twitter.com/bZxHQ/status/1299397760840474624
Marketing is top tier already already, wait until it's live

>> No.21961885

>>21961854
LETS GOOOOO, god I wish I had more.

>> No.21961886

>>21961854
Can we stake right now? Where? How does it work? I only have 2.5k

>> No.21961923
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21961923

Get into the pool bros

>> No.21961953

>>21961873
Total value locked

>> No.21961955
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21961955

What does this mean bros? Why is the supply so high?

>> No.21961963

>>21961758
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.21961980

>>21961854
Did they talk about yield farming at all? I assume that’s launching Monday too?

>> No.21962073

>>21961955
FUDme pls go

>> No.21962075

>>21961980
bump

>> No.21962094

>>21962073
Why is the supply so high

>> No.21962187

>>21962094
That's total unlocked, inflation only starts till early next year

>> No.21962220

>>21962187
So what's going to happen when that supply is released? A massive dump right

>> No.21962237

>>21962220
nobody is going to be dumping this token I gaurantee

>> No.21962258

>>21962220
Seconding for interest
Is a burn an option?

>> No.21962363
File: 31 KB, 735x449, bzrx.jpg [View same] [iqdb] [saucenao] [google]
21962363

>>21962220

no, pic related.

I suggest you use an innovative tool named google, there's lots of information there.

>> No.21962373

Did they talk about farming at the presentation? When can we start staking?

>> No.21962536

>>21962220
There won't be an unlock dump, the team is white.

>> No.21962606

>>21962220
140 million in circulation. The rest is vested or locked for 48 months.

>>21962373
Staking begins August 31st, with double yield farming rewards for 3 months

>>21961886
You can stake on their dashboard, or supply liquidity on Balancer on the 31st of August when the platform goes live

>> No.21962854

>>21962606
Based helpful anon

>> No.21963095

>>21962606
Double yield farming?? I’m going to go full fucking Jew on that

>> No.21963218
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21963218

can someone redpill me on this project? i totally missed it. what does it do and can i earn yield on my stinky linkies?

>> No.21963285

>>21963218
I have no idea. Basically all I know is that they were one of the leaders in DeFi until they got hacked through their oracle, then they took months to rebuild and integrate Chainlink and now they are coming back. And that Aave copied their code which means the bZx devs are good.

>> No.21963343
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21963343

will this dip anytime soon again? I forgot to buy more

>> No.21963528

>>21963285
Tom Bean is a fucking excellent coder and a genius

>> No.21963613

>>21963218
>can someone redpill me on this project?
https://www.youtube.com/watch?v=wTiOmRp3AFc

>can i earn yield on my stinky linkies?
liquidity pool fees are paid in native tokens, so yes.

>https://bzx.network/blog/bzrx-token
>Fees are both paid and kept in their native assets, never requiring an extra swap. Since the protocol supports a large number of assets, the fee pool contains a large number of denominations of assets as well. When an individual stakes their BZRX to a representative, they are entitled to new fees generated by the protocol in proportion to their contribution to the staked supply.

>> No.21963629

>>21963528
I'm pretty sure Tom's beans is a beans company.

>> No.21963635
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21963635

How the fuck do I yield farm.bzx?

>> No.21963908

>>21963528
Kyle seems smarter than Tom to me in interviews. Maybe it's just that Kyle has charisma

>> No.21964123

>>21963908
u r wrong