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/biz/ - Business & Finance


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23192557 No.23192557 [Reply] [Original]

Not shilling and I'm not fudding. I bought 10k worth of Core and have it staked. I had earned nearly 1 eth in about 10 days. So I'm wondering how can this fail? If all this liquidity is locked away earning fees how can this fail? If I keep getting paid and there is real wealth backing it up then it cant really go to zero right? Cause someone will always want those fees. What am I missing here?

>> No.23192595
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23192595

>>23192557

>> No.23192614

>>23192595
It's a question. A question by definition cant be wrong. Not being able to answer is pretty retarded though...

>> No.23192623

First of all what the fuck is core

>> No.23192765

>>23192557
You literally invested in a ponzi scheme

>> No.23192898

the price may not be able to go to zero, but the apy can dry up if the trading volume goes down.

>> No.23193017

>>23192765
this, gg OP

>> No.23193068

>>23192557
Defi 2.0 will be stealing each others volume over and over again until it evens out and hits eth transaction speed ceiling. Core can literally go to $1000000 on 5mil volume per day. Lp tokens will get progressively less and less worth to stake.

>> No.23193273

>>23192557
It can't fail, it already succeded, into scamming retards here on buying a shitcoin