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/biz/ - Business & Finance

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23005160 No.23005160 [Reply] [Original]

I read yesterday they claim to be a multichain DEX that allows liquidity farming for assets not built on ERC20
So is this really the future of DEXes and Yield Farming or is that just hot air?

>> No.23005212
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23005212

Centralized exchanges are under attack, just look at how they are going after Bitmex. If we don't move to better DEXs crypto will become controlled by our governments. The tech for DEXs just isn't there yet but multichain is the next step. Projects like this need to succeed if we are to save crypto

>> No.23005457

>>23005212
Bitmex needs to die though. The amount of slippage their weaponized overload gives you is criminal

>> No.23005545

>>23005160
that actually sounds good, i have to admit /biz/ is surprising me with breadcrumbs sometimes

>> No.23005818

Can I have a source on this?

>> No.23005827

>>23005457
It should be users leaving it that kills it though, not the government. It will start with Bitmex because they are the biggest and easiest to make a case against. Next they will go for Binance, if we are not ready for that then we are fucked.

>> No.23006158

>>23005160
I would rather just buy $ymax
in a few hours they will release DEX and will be listed on binance

t.me/ymaxfinance

>> No.23006160

>>23005818
Bunch of links in their discord, here are a few
ydex.finance
gg/W6Ej7wD
t.me/ydexfinance

>> No.23006364

>>23006160
Thanks man

>> No.23006614

>>23005545
Same, will definitely keep a close eye on this

>> No.23006708

>>23006158
Didn't their lead dev leave to create YDEX though?

>> No.23007153

>>23006708
I think that is just a rumor. People like to make up drama.

>> No.23007491

>>23005212
or better CEX'es kek
dex'es are going to ruin crypto locking them into never going mainstream

>> No.23007513

>>23005827
we are not fucked, there are not a lot, but there are great regulated exchanges
binance is going to fucking die one day though

>> No.23007522

>>23007491
Dexes are the future because everyone controls their coins idiot

>> No.23007640

>>23005160
that genuinely makes me bullish on DEXes future, not YDEX necessarily, but the idea of non erc20 liquidity farming and multichain DEX

>> No.23007667

>>23007491
Unless they bend the knee to the US government and only supply "approved" coins CEXs will die

>> No.23007673

>>23006158
never buy the release, buy the news

>> No.23007763

>>23007673
unless they release a product with the coin. Then you won't have time to buy the news

>> No.23007766

OP is a faggot who doesn’t know Avalanche solved this already

>> No.23007801

>>23007766
then why is no one using it?

>> No.23007879

>>23007801
It’s not ready like every other “uniswap killer”

>> No.23007912

>>23007879
sounds weak

>> No.23007943

>>23005160
When’s the sale date retard?

>> No.23007958

>>23007943
There are rumors of monday

>> No.23008068

>>23007943
next week sometime is what it is looking like

>> No.23008094

>>23005212
This is going to change the game

>> No.23008170

>>23008094
It needs to or we will be fucked

>> No.23008335

>>23007958
>>23008068
ill keep an eye out

>> No.23008376 [DELETED] 
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23008376

>>23007640
indeed

>> No.23008436
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23008436

>>23007640
fuck yeah, we are so early

>> No.23008566

>>23008335
worth at least a 5 ETH bet. This could easily blow up

>> No.23008640

>>23008566
5 ETH if you are poor and want to stay poor

>> No.23008822

>>23008640
>>23008566
I dont like to gamble a lot

>> No.23008845

>>23008822
Everything is a gamble but this is like playing with a royal flush

>> No.23008971

>>23008566
At least 8 imo

>> No.23008985

>>23008971
This thing isn’t even raising 1000 eth I can guarantee a minimum return of 80% on listing.

>> No.23009122

>>23008985
900 ETH is a super easy raise. YFMoonBeam raised 1777 in 3 minutes and is just a generic Y clone with some DOT promises

>> No.23009123

>>23008985
You can guarantee this scam won’t rug pull?

>> No.23009159

>>23008985
I can risk an eth on odds like that

>> No.23009273

>>23009159
Poorfag

>> No.23009301

>>23009122
Only 900 ETH in presale means demand won't be near met by the end of it and buyers will be forced to bid up the price. Remember YFMB raised 1777 without a product in under 3 minutes

>> No.23009448

>>23009301
Did they raise that fast? I didn’t follow that scam

>> No.23009453

>>23009301
Why are they raising so little?

>> No.23009541

>>23009448
Whales need presales for the liquidity to buy large amounts, if they buy on Uni they will skyrocket the price too much.

Only raising 900 ETH means not all the whales can get in and will be forced to compete with each other on the spot market. This will provide price support and lead to a massive run.

If a scam with no real demand can sell out imagine what this will do?

>> No.23009661

>>23009541
This is going to blow the fuck up on presale?

>> No.23009801

>>23009541
god damn you're making me bullish

>> No.23009899

>>23009541
Powerful post anon

>> No.23009914

>>23009661
After listing. When the whales are forced to compete for the presale buyers tokens. Really, any of these scams that sold out quick could of seen a massive post-listing pump if the devs weren't greedy with their oversized presales. You don't need over 1000 ETH to develop a fucking vault

>> No.23010025
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23010025

>>23009914
Powerful bull boner

>> No.23010131

>>23009914
Who the fuck are you?? Are you on the team?

>> No.23010175

>>23009914
holy shit I need to get in on the presale

>> No.23010476

>>23010131
No, I just understand how price action works. Large presales take away demand for the listing

>> No.23010635

>>23010476
makes sense

>> No.23010639

>>23010476
Critical thinking about shitcoins? I love it

>> No.23010831

>>23010476
These scams don’t even need to raise more than 500 eth anyway

>> No.23010849

>>23010639
u gotta doe

>> No.23010866

>>23005457
It will die in the next 6 months after the news

>> No.23010918
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23010918

Will biztards fall for the next dumpy presale scam?

>> No.23011049

>>23010918
isnt this from that schizo who was proven wrong on Reddit?

>> No.23011298

YFMS just died the market will not be buying anymore of these scams

>> No.23011312

>>23011298
If one dies that doesn’t mean this will

>> No.23011489

>>23011312
The market is getting weary of shitty scams

>> No.23011512

>>23011298
you didn't buy the bottom? I am up 5x

>> No.23011555

>>23010918
This doesn’t prove anything

>> No.23011896

>>23010831
I think this is a reasonable offering, some go for 1500+

>> No.23012177

>>23011298
I got 12 ETH on this

>> No.23012343

>>23011512

something 5xed today? fuck

>> No.23012344

>>23011896
Reasonable to whom?

>> No.23012479

>>23012344
To the general public

>> No.23012645

>>23011489
What makes you think this is that? YDEX is going to take all ymax investors on release

>> No.23012646

>>23012479
900 eth is pretty damn reasonable if you were here in 2017

>> No.23012652

>>23012344
The whales. Presales are more so the whales have enough liquidity to buy large amounts without skyrocketing the price. Thats why most don't care if things spend some time below presale

>> No.23012865

>>23012652
i need to see proof whales even know about this

>> No.23012870

>>23012652
That actually makes sense

>> No.23013050

>>23012870
I'm glad someone can articulate why these presales are so lucrative.

>> No.23013065

>>23012865
when you know you know

>> No.23013084

>>23012652
I spend days under presale on these yclones before they did their runs

>> No.23013276

>>23013084
Days under presale with no liquidity so they can't buy a meaningful amount

>> No.23013517

>>23013084
Accumulating this trash at -50% of presale is appealing

>> No.23013663

>>23013517
if it goes down there. With such a small presale there will be pressure left to pump it

>> No.23013868

>>23012652
This shit is going to pump for sure

>> No.23013872

>>23013663
Shit will pop

>> No.23014255

>>23013868
>>23013872
If the market dips harder on Monday all of these shit coins will lose 30%

>> No.23014471

>>23014255
The market is going to moon when they announce a new stimulus on Monday.

>> No.23014560

>>23014471
give me dem gibs

>> No.23014644

>>23014471
i need stimulus so bad im broke

>> No.23014701

>>23014644
I need it to buy more YDEX

>> No.23014869

>>23014701
It isn’t even out yet wtf lol

>> No.23014882

>>23014701
gambling money for necessary items? never change biz

>> No.23015036

>>23014882
YDEX is for people with.. larger penises

>> No.23015103

scam

>> No.23015239

>>23015103
I don’t think so partner

>> No.23015243

>>23015103
i doubt scammers built a working dex

>> No.23015293
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23015293

>>23015103
stay poor fag. We will make money

>> No.23015613
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23015613

>>23015293
All I see is green

>> No.23015830

>>23015293
I’m getting in I’m not poor

>> No.23015831

>>23015613
it’s a bull market baby

>> No.23015847

>>23015830
don't lie to yourself

>> No.23016080

>>23015847
>>23015830
You’re both poor

>> No.23016101

>>23016080
I am poor but soon YDEX will fix that

>> No.23016142

>>23016101
at least I hope so

>> No.23016230

where to buy

>> No.23016513

>>23016230
presale will be announced shortly according to the mod

>> No.23016747

Press on my nipples for the presale announcement

>> No.23016756

>>23016513
Not coming soon enough

>> No.23017147

Presale is going to be announced over the weekend

>> No.23017159

So it pays me in the tokens for putting up my solana on the dex?

>> No.23017370

>>23017147
I was hoping sooner then that

>> No.23017388

>>23017159
I can assume that is the case

>> No.23017593

Just so you fucks know. OP is a pajeet hired by YDEX investors to convince you to buy his bags. Don't fall for this

>> No.23017607

>>23017159
I beleive it depends on what you stake it in

>> No.23017873

>>23017593
>ydex investors

Hasn’t even gone to presale yet pussy

>> No.23018150

>>23017873
some people just talk without research

>> No.23018375

>>23018150
It’s Uber cringy and detracting

>> No.23018378

>>23018150
people are retarded

>> No.23018555

>>23005160
yes, big gains my friend!

>> No.23018574

ill hop in disc an grill these fags

>> No.23018736

>>23018574
do it pussy

>> No.23018850

>>23017873
When is it going to presale unironically?

>> No.23018974

>>23018850
they said they will announce the date soon.

>> No.23019124

>>23018974
I heard it’s soon

>> No.23019293

>>23018850
they just announced it for Monday 11pm UTC

>> No.23019311
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23019311

>>23018850
>>23019293

>> No.23019448

>>23019311
i will follow you pajeets on this one because its a low cap but if i dont get my money tripled im coming to your villages

>> No.23019746

>>23019448
if this sells out i will kill myself

>> No.23020114

>>23019746
don’t worry, you would kill yourself regardless

>> No.23020446

>>23020114
Oof

>> No.23020752

I can feel the hype building on this crap

>> No.23020807

>>23020752
Smells like poop desu

>> No.23021049

Presale is going to sell out in minutes

>> No.23021337

>>23021049
Bull season is back

>> No.23021515

>>23021337
I don’t think so

>> No.23021961

>>23021049
This is selling out in seconds I think