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/biz/ - Business & Finance


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23379458 No.23379458 [Reply] [Original]

literally the only 2 coins i hold but this piece of shit is dumping hard.. my average cost is 5 cents so i wouldn't be taking a loss but damn its looking grim for this shitcoin

>> No.23379530
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23379530

at this point I'm just holding to 0 I'm so amazed and disgusted, what the fuck is even happening

>> No.23379545

it was a pump and dump. the lend team bought up all the supply when it was only 3m marketcap. and then they hyped defi for a few months and dumped at 1bn marketcap.. then printed 15% more tokens for themselves

the staking rewards are next to nothing, and stakers risk lossing 30% of their tokens when there is a shortfall.

anyone can create a lending platform. there is no mode. no one needs to use lend.

also the team are shady. they seeded and shilled EMN, FEW, akro, stake, yfi. ebst friends with scammer andre cronje

1bn marketcap is way overvalued. most layer 1's like near, avalance are same amrketcap

kek dump it

also fuck you mark zeller

>> No.23379552

they won't even start a vote to add AAVE as collateral. The most basic obvious thing that everyone supports. Fuck this shit

>> No.23379559

>>23379545
you NEAR shill faggots can still fuck off and die though, seriously kill yourself fucking retard

>> No.23379604

>>23379530
it's just correcting after the huge pump. it'll go as low as 25 dollars then start a healthy, gradual increase, followed by a couple of makeit-tier megapumps.

>> No.23379680

>>23379559
>you NEAR shill faggots can still fuck off and die though, seriously kill yourself fucking retard
enjoy holding aave to 0. i only hope you have enough eth dust left in your wallet to rope yourself

>> No.23379730
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23379730

Won't YFI with its borrow system make this shitcoin obsolete anyway?
>but muh AAVENOMICS
Top kek.

>> No.23379752

I'm holding my aave (actually I have it stacked).
Im still in profit, didnt sell the top, but I dont think it will dump much more.

AAVE is THE flash-loan provider of choice, that alone will keep it afloat.
Once they start providing loans with real world assets as collateral, AAVE will 2x at least.

>> No.23379839

>>23379458
They were granted a UK banking license which is a sign of strong commitment by the team. That's not an easy or quick process if you dyor. Keep selling i'm going to be buying all your losses brainlets

>> No.23379963

>>23379458
they are retarded and their aavenomics is the shittiest in all of defi

imagine giving the risk to your users and exposing them to a 30% loss of their tokens, holy shit

>> No.23380018

Looks like the team is cashing in before Equilibrium.io launches on polkadot for any asset with low fees and makes this shitcoin obsolete

>> No.23380146

>>23379963
how likely is that 30% loss though? seems like it'd only be applicable in a black thursday type event

>> No.23380194

as time goes by, more lending paltforms will pop up and dilute aave's tvl. long term it will go to 0.

>> No.23380535

well fellas i've decided i'm gonna sell it for eth and hold eth/link. i have enough aave for 25 eth at current prices, just have to activate the cooldown

>> No.23380556

As a long time Lend holder and lover of Aave. Aavenomics is bullshit and very well could put an end to a magical run. I sold for link

>> No.23380689

>>23380146
its all good until it happens.

>> No.23380719

So AAVE is an important protocal in liquity pooling / yield farming. It's included in YFI's automated APR chasing protocol. Does the end of AAVE mean DeFi as a whole might be in trouble?

>> No.23380784

>>23380719
No. AAVE is ok, the token is not needed.

>> No.23380796

>>23380689
yeah im getting out but i gotta wait 10 fucking days this shitcoin will probably be $20 by then

>> No.23380820

>>23379458
No, I’m not selling any AAVE. Crypto mortgages are the future of banking.
The hidden gem RVX is also working with them for defi integration. Look into it and hodl AAVE

>> No.23380961
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23380961

>>23379458
Get rid of it ASAP
The hype is over

>> No.23381990

>>23380961
>Get rid of it ASAP
10 day cooldown before they can sell. kek

>> No.23382002

>>23380784
>the token is not needed.
oh shit. he is right. kek

>> No.23382154

ive got a bad feeling about this shitcoin but the constant fud is convincing me to hold
the whole governance thing is shit i mean how can we not vote to use the actual token as collateral?

>> No.23383491

>>23382154

Have some patience buddy, it's going to be usable as collateral soon.

I mean shit, there is SO much being discussed at governance-aave-com .. possibly burning unswapped LEND and distributing to AAVE holders, adding a 0.1% to APY to be payable to token holders, etc..

The collateral part is a no brainer and will be implemented soon.

All the FUD here makes me think there's some whales trying to circle us guppies

Do some research. This could be the next LINK at $0.35 cents

>> No.23383820

>>23383491
>This could be the next LINK at $0.35 cents
hahaha

>> No.23384477

something to consider which biztards don't mention - AAVE has a european EMI/digital banking license. they are collaborating with the first chainlinked real estate project, RealT, in a yet to be released project. a number of dapps and protocols are building on top of the aave foundation. aave has the second most total value locked behind maker. their next few steps are lined up well

>> No.23384488
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23384488

>>23384477
fuck jannies

>> No.23384498
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23384498

>>23384477
>>23384488