[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 9 KB, 400x400, J1YJtvdI_400x400.jpg [View same] [iqdb] [saucenao] [google]
23179812 No.23179812 [Reply] [Original]

How much EOY?

>> No.23179848

No idea but I anticipate a coinbase listing eventually. And not in the pajeet COINBASE LISTING SOON SIRS sort of way, I mean they already said they were looking at LEND at one point. My thought was they would wait until after they switched to AAVE to list it

>> No.23180223

>>23179812
$100

>> No.23180486

Everyone pushes scams here and gems go unnoticed.

Give it time and aave will be top 15 market cap with room to go higher because it's a solid project with real use and a solid team. The platform UI is amazing so lending and borrowing is easy plus the way the you can vote for Aave Improvement Protocols right on there?

Feels weird not seeing it talked about more it's hard to tell if people are behind and its gone unnoticed or if discussion about it is actively suppressed.

>> No.23181560

>>23180486
It’s an obvious blue chip
No longer needs shilling

>> No.23181592

Can I use AAVE token as collateral yet? Should I migrate it?

>> No.23181618
File: 6 KB, 271x186, 1596748094875.jpg [View same] [iqdb] [saucenao] [google]
23181618

>>23179812
Is this just a governance token? I wonder how far said governance can drive price

>> No.23181623

how does $0 sound?

>> No.23181629

~$150

>> No.23181666

>>23181618
No brainlet, you can stake to earn.

>> No.23181695

bought some just cause of this thread

and I've never bought something just cause of /biz/

>> No.23181704

Supposedly this can do another 10x-100x, just like SNX. Is this realistic in case BTC goes to $50k over the next years or moonboy talk?

>> No.23181819
File: 218 KB, 1024x677, EgPRJtrUwAA0jr5.jpg [View same] [iqdb] [saucenao] [google]
23181819

>>23179812
$150 and I'm happily earning passive steaking income in the meantime

>> No.23181858

You could also look into auctus, btw. It's a decentralized options platform. Used to be some shit about pensions, but they got backing from hartmann-capital (who managed to propel multiple projects towards success) and reoriented themselves.

>> No.23181873

How do you exchange your old aave lend tokens for new aave? Is there a time limit on swapping them out?

>> No.23181884

>over $10 gas to stake

is this normal

>> No.23181890

>>23181695
>>23181704

Go to the protocol site and see for yourselves if you think it's worth anything. It doesn't need shilling the whole thing speaks for itself. I can see it having 10s of billions locked in it in the future compared to what 1.7 or whatever it is now. As for what that means for the token it's hard to say but I'd imagine it'll be up long term

>> No.23181937

>>23181873
https://medium.com/aave/migration-and-staking-101-fe8fda3e2a30

don't think there's a time limit, but most exchanges will probably delist LEND in favor of AAVE

>> No.23181981
File: 79 KB, 876x680, f2746981-3912-4096-892b-bb019e002c14.jpg [View same] [iqdb] [saucenao] [google]
23181981

>>23181890
Not sure whether it's legit, but I saw pic-related two weeks ago. If AAVE actually has an income of $20mm already and is up 300% in this regard over the last month, then a p/e of 10 would put it at $200mm? And considering the potential upside and sharp increase in income... Could also be that I am misinterpreting the image. I'll hang on to my AAVEs anyway.

>> No.23181990
File: 22 KB, 400x568, AAVE2.png [View same] [iqdb] [saucenao] [google]
23181990

>>23181884
unfortunately yes

depending how much you're staking and how long you intend to hold onto your AAVE it might not be worth it

>> No.23182004 [DELETED] 

>>23181981
**income = revenue. Not sure whether this actually goes to stakers/tome holders though.

>> No.23182019

>>23181981
**income = revenue. Not sure whether all of it actually goes to stakers/token holders though.

>> No.23182024

>>23181990
>barely 1 AAVE per month
wew lad

>> No.23182038

>>23182024
12 aave per year. p/e of 10, even if inflationary staking. isn't it bullish?

>> No.23182053

>>23182024
yeah it looks low to me too because my brain is used to all these shitcoins with hundreds of millions or billions of supply and high inflation

>> No.23182279

>>23179812
0.07$

>> No.23182322

problem for AAVE is we just had a giga retarded moonboy mission in Defi packed with scams. Alot of garbage will need to be flushed out. We honestly need a crypto winter

>> No.23182358
File: 11 KB, 235x235, bf87a5b5617c16da78aeb8aa4ffe906e.jpg [View same] [iqdb] [saucenao] [google]
23182358

>>23182038
I think u forgot the part where ur risking ur entire stack if there's a black swan

>> No.23182362

>>23182322
wont happen with crypto twitter getting paid to shill the next IT project

>> No.23182376

>>23181981
how to fuck is maker valued more when nobody uses it?

>> No.23182384

>>23182358
They haven't turned that on yet though, so it's safe for now

>> No.23182418

>>23182384
there's literally zero value proposition, once that's added anyway. the whole overcollateralized loan defi scene has zero moat, and operates without a token just fine. CREAM, COMP, AAVE all do the exact same thing and there's literally nothing they can do differentiate themselves apart from adding pointless tokenomics

>> No.23182427

>>23182358
I think only 30% is used for events like that

>> No.23182453

>>23182418
they should give up some profits for becoming a token holder but they wont. That would incentive people to hold and actually vote. All these protocols give the illusion of being decen but we all know the devs gave themselves majority control with random eth wallets

>> No.23182454

>>23182418
>and operates without a token just fine

Well sure, technically true? The point of governance tokens is to increase decentralization which most people see as a good thing

>> No.23182457

https://www.google.com/amp/s/www.theblockcrypto.com/amp/post/75845/aave-uk-fca-emi-license-defi
They are ahead of the curve if they try to regulate defi

>> No.23182542

Wait I see they are migrating the old token. I can't just buy LEND for .50 and then migrate it to AAVE at $45 1 to 1 can I?

>> No.23182554

>>23182542
It's 100:1

>> No.23182572

>>23182554
Was just gonna post after I saw this lol thanks

>> No.23182580

>>23182542
you can try

>> No.23182854

Been in AAVE since it was LEND back in 2017. Nice sized bags bought at .10. Wish I bought some more when it went down to 0.003 but still comfy. $2 EOY realistically

>> No.23182901

>>23182854
Mate, they migrated to a token called AAVE now, you should probably migrate your LEND

>> No.23182912

https://app.aave.com/migration-portal

>> No.23182928

i dont see AAVE going that high due to heavy competition that is out now. 8- 10$ at the most during next bull run.

>> No.23182952
File: 43 KB, 549x600, feelsweirdman.jpg [View same] [iqdb] [saucenao] [google]
23182952

>>23182928
It's $50 right now