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/biz/ - Business & Finance

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22739898 No.22739898 [Reply] [Original]

stek

>> No.22739979

>>22739898
cellardoor.finance dude

>> No.22740031

>>22739898
Faggots think OMG pump means it won the bake off.

MeANWHILE WE sTEk

>> No.22740098

>>22740031
WE WUZ STEKS

>> No.22740167
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22740167

>>22739898
This is one of the easiest calls. Every DAO seems to be planning to move to it. Also tons of potential for running a DEX on top of it. Will we see a Russian Sergey Sandwich? I can easily see:
ETH
LINK
xDAI
being #2, #3, #4 cryptos. ETH is the back bone of the crypto ecosystem. LINK powers ETH. xDai will be the ETH sisterchain that is designed to handle dapps that are too gas heavy for ETH. All the layer 2 solutions suck. It only takes about a 2 minutes each way on the xDai bridge. Anything you can do on ETH you can do on xDai chain for much cheaper and its way faster.

ETH is going to be the base layer. It will be used to store large amounts of ETH and other crypto assets and settling very expensive contracts (enterprise grade). It will be too expensive for normal people to transact on. As ETH capacity increases, so does enterprise demand for ETH. Therefore, scaling ETH won't fix the uniswap gas fee issue long term. Basically, all NEETs and traders, DAOs, ect. will be using xDai to transact with one another and use EVM dapps. When they are done moving things around and wish to go back to long term storage they will send their tokens back onto ETH mainnet.

>> No.22740202

>>22740031
The bake off doesn't really matter much for xDai... Seems like real adoption is going to happen either way. They upped the limit on the bridge because demand was much higher. Look at all the cash moving on to it on defipulse while most projects are going down in locked value.

>> No.22740205

i bought at 4 im getting so fucking angsty with this up and down clown market