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26325199 No.26325199 [Reply] [Original]

I feel like I'm taking crazy pills. This is imo the most undervalued defi project available, and this board is completely missing it. I know i'm not the only one who sees the massive implications of bridging the btc->defi gap and the insane tvl marketcap discrepancy.

>> No.26325267

>>26325199
whats the name of the shitcoin?

>> No.26325361

>>26325267
badger

>> No.26325378

>>26325199
The digg snapshot already happened so this shitcoin has 0 use at the moment

>> No.26325520

>>26325378
this

>> No.26325534

>>26325378
badger will still be staked to accrue digg though. not to mention the sett APYs are crushing it atm.

>> No.26325544

>>26325199
What is the point of this project, you can already use bitcoin in defi. What is the point of the token? More importantly, fuck all these retarded farming tokens. Muh yield farming is the worst thing to happen in crypto

>> No.26325632

>>26325544
>2021 is the year of the farming tokens

>> No.26325670

How many to make it? I only have 304

>> No.26325708

someone explain what the fuck this actually is and why we need it

“ An elastic supply cryptocurrency pegged to the price of Bitcoin and governed by the Badger DAO.”

WTF

>> No.26325719
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26325719

>>26325544
>Muh yield farming is the worst thing to happen in crypto
lmao defi is the future you brainlet

>> No.26325788

>>26325534
>just buy this useless token A bro so you can spend $500 in gas fees and hours interacting with some pajeet contracts that have a constant risk of rugpull or exploit, just so you can accrue useless token B!

Long gone are the days when you can just find a good solid project with a low market cap, buy it, and then just sit back and relax. Now if you find anything decent with a low marketcap, it will 99% of the time have a circulating supply that is under 10% of the total, with the rest being "farmed" over several months with constant dumping while still inflating the market cap.

FUCK YIELD FARMING
FUCK YIELD FARMERS
FUCK GAS FEES

>> No.26325798

>>26325199
Yet another garagecoin. Enough.

>> No.26325830

>>26325719
Actual defi is nice but the yield farming part is fucking retarded

>> No.26325926

>>26325199
it is garbage, just look at the dump post DIGG snapshot. Expected/priced-in? If so, where are the dip-buyers.

>> No.26326082

>>26325544
The entire point of the project is accelerating bitcoin into defi - it's their only focus. Badger is a governance token to help decide what directions the project goes in.

>> No.26326308

>>26326082
Why can’t they decide this for themselves , this whole decentralised/DAO thing goes to far sometimes

> have vague idea
> raise money with pointless coin
> ask everyone else what the project should do
> blame others when it fails
> repeat

>> No.26327052

>>26326308
>why can't they decide this for themselves
with that mindset, there would be no DAOs. The team only has 10% of the tokens, and the community is extremely active.
even with the post-snapshot dump, the TVL is still just shy of 700m with a 30m market cap. Right above it is balancer with a TVL of 784m and a fucking 209m market cap.

>> No.26327286

>>26325788
It's pretty profitable anon, I'm sorry you're poor. Not many projects have had 300-500% consistent returns this year, Badger has been one of the only ones for me.

>> No.26327496

>>26325670
I’m at 910 and don’t expect to make it off of it, but keep it staked and it should provide some steady returns assuming it actually picks up steam. Right now this has the best risk/reward ratio for me. It might get forgotten, but I can absolutely see this going to a 1bil cap before this bull run is over.

>> No.26327846

>>26327286
I'm not poor I just fucking hate thesw bullshit farming tokens

>> No.26328044

>>26325267
super skunk