Defi Blue Chips

[Anonymous No.27547504]

Bnt - Original AMM
Aave- Original money market
SNX- Original derivatives
LINK- Original Decentralized oracles


Sushi and uniswap, watch your fucking asshole , BNT it’s coming for you and your forked code. Inferior pooling solutions only lasts for so long.

Also a bonus for those who watched everything moon.

Sergey said defi would be big a half year later literally all the big defi’s went x100+.

Guess what Sergey said would be next half a year ago. Yes that’s right decentralized insurance protocols.

Etherisc DIP- this coin will x20 and you won’t even know what happened. Are you gonna miss out again. Stay poor

https://www.coingecko.com/en/coins/etherisc

[Anonymous No.27547702]

defi is a meme and hyper replaceable by design. There are no bluechips.

[Anonymous No.27547754]

pump bnt already jfc

[Anonymous No.27547798]

>>27547702
then what do you propose instead of defi?

[Anonymous No.27548164]

>>27547702

[Anonymous No.27548377]

>>27542454
Alright faggots, I got myself 1800 bnt. What am I in for?

[Anonymous No.27548395]

These threads have been great so far. Can we start making a defi blue chip general? I need a safe haven from all the pajeet shills and gamestop redditors

[Anonymous No.27548441]

>>27547504
So am I just missing BNT?

[Anonymous No.27548784]

>>27548377
checking your stake constantly until the dopamine gets to delirium inducing levels, until slowly tapering off ass you acclimiate to being part of a new financial elite

[Anonymous No.27548874]

anon here from last thread who just bought in and started staking, only ended up paying ~$70 in gas fees. For some reason it wouldn't let me get into the eth pool so I chose link. Already made $0.20, pretty comfy.

What's the difference between BNT and XSN? I own an XSN node, just trying to spread my bets out on DEX and Defi.

[Anonymous No.27548946]

>>27548441
Fantom is what you’re missing.

[Anonymous No.27548980]

>>27548441
Yes

[Anonymous No.27549260]

>>27548980
What's your thoughts on DOT?
Do you recommend 20/20/20/20/20 split BNT/AAVE/SNX/LINK/ETH?

[Anonymous No.27549290]

Need to look into this staking business. Last time I staked anything was pic related. I imagine things have changed.

[Anonymous No.27549918]

>>27547504
>Bnt - Original AMM
>Aave- Original money market
>SNX- Original derivatives
>LINK- Original Decentralized oracles
Would it be prudent to say that link has the biggest potential out of this list?

[Anonymous No.27550342]

i am a brainlet w 10k link that is on celsius rn. it seems like if i were to sell half go 50/50 link/bnt and put it all in the link/bnt pool i could quit working and live off passive reward income, is this accurate? i really want to move out of my moms house.

[Anonymous No.27550352]

>>27549290
I have 200k 50/50 between ETH and USDC and lately have been making $200/day on uniswap

[Anonymous No.27550934]

so are u telling me its unironically 0.2 eth to pool my bnt? the default gas for approval was 0.005 eth so i just went with it and its taking a while.

[Anonymous No.27550956]

>>27550352
You realize the USDC yield on Bancor right now is over 100% right?

[Anonymous No.27551020]

>>27550934
thats spend limit approval
actually staking will be a writing a new contract with a more substantial fee

[Anonymous No.27551046]

>>27550342
Yep pretty much. Bancor rewards are insane right now.

[Anonymous No.27551127]

>>27551020
so i gotta fukin wait a month till they drop arbitradhwad-w--wahtever just to afford to STAKE? reeeeeeeeeeeeeeeeee

[Anonymous No.27551212]

>>27547702
Wrong. It took Bancor 4 years to develop impermanent loss protection and single sided liquidity. Shit defi pump dump tokens are replaceable. Bancor is not.

[Anonymous No.27551254]

Last thread redpilled me on Bancor. Didn't even know about the Arbitrum solution they're building, I was all in on L2 solutions like $STAKE + $MATIC. Diversified and now whacked 1500 BNT in the DAI pool

[Anonymous No.27551294]

>>27548377
Checked. BNT will be $94 at the same market cap as Uni which is inevitable in the near future. You are going to be very happy with that stack

[Anonymous No.27551461]

>>27551294
Not with the current inflation though. I'll be happy for half that..

[Anonymous No.27551494]

Lets say I stake some coins and earn some rewards. If I go to restake my rewards do I have to pay a gas fee? how much is that fee generally?

[Anonymous No.27551541]

>>27549918
Yes Link will always be #1. But bnt is by far the most undervalued of this list. It’s going to moon hard. Consider yourself warned.

[Anonymous No.27551828]

>>27551461
I don’t know. You can’t stake Uni because it’s only a governance token. 65% of Bancor supply is currently staked. As that number increases, the cex supply decreases. This will cause the price to rise.

[Anonymous No.27551918]

>>27547754
>pump bnt already jfc
Not yet anon, not yet.
Accooomulate sirs.

[Anonymous No.27552029]

>>27551494
Yes.
Its running about 90 bucks.
Do the math, you need a big enough stack for this to be worthwhile.

[Anonymous No.27552103]

>>27547504
>Etherisc DIP- this coin will x20 and you won’t even know what happened. Are you gonna miss out again. Stay poor

WHY? why is this any better than all the other insurance protocols?

[Anonymous No.27552128]

>>27551494
Yes you have to pay gas. It will be minimal once Arbitrum rolls out

[Anonymous No.27552138]

>>27551294
>BNT will be $94
Jfc anon i want you to be right so bad.

[Anonymous No.27552236]

>>27552128
so are you telling me that Bancor will be an AMM DEX on L2 soon? Before Uni v3?

[Anonymous No.27552260]

>>27552029
>>27552128
When is Arbitrum?

Also can you recommend a movie? I am looking for something to watch.

[Anonymous No.27552528]

>>27551918
Yes this. I have to wait to get more fiat this week. Pump it next week Bog

[Anonymous No.27552758]

>>27552236
Yes

>>27552260
Arbitrum is suppose to launch this month. Fingers crossed. My favorite movie is “Six Degrees of Separation”. It’s unlikely 99.9% of this board would like it. I’ve seen it at least 25 times and every time I catch something new.

[Anonymous No.27553208]

>>27552758
>Yes
Then how is it possible Sushi mc is 5x that of Bancor right now... wtf

[Anonymous No.27553278]

>>27552758
That sounds fucking interesting anon, I've read about SDoS, so assuming the movie is how we all have mutual connections?

>>27552260
Ex-Machina, very good dystopian film about AI

[Anonymous No.27553998]

>>27552236
on top of that bancor has IL and will be crosschain

[Anonymous No.27554010]

>>27550352
>I have 200k 50/50 between ETH and USDC and lately have been making $200/day on uniswap
Nice

[Anonymous No.27554178]

>>27551254
Based

[Anonymous No.27554236]

>>27552758
I'll check it out, thanks.

>>27553278
Already seent it. Was decent. Similar is a movie called "Archive" you might like it. I think its on Amazon Prime.

[Anonymous No.27554423]

>>27552758
>>27553998

How does this compare to XSN? 1mn chad here and bought BNT today.

[Anonymous No.27554497]

>>27547504
Fuck this and there fees, I have to hold 30 days to make back my gas money and pay AGAIN when I want my coins back

[Anonymous No.27554639]

>>27553998
technically it is already crosschain with EOS

[Anonymous No.27555139]

>>27552138
that would pretty much make me a millionaire, I don't see it happening desu

[Anonymous No.27555164]

https://blog.chain.link/challenges-in-defi-how-to-bring-more-capital-and-less-risk-to-automated-market-maker-dexs/

[Anonymous No.27555189]

>>27555139
hopium
*sniff*

[Anonymous No.27555305]

why can't uniswap just implement a similar insurance structure?

[Anonymous No.27555423]

>>27555189
What pumps uni?
What pumps 1inch?

I get its crypto and literally nothing makes sense. Op's price would be absolutely fucking crazy.

[Anonymous No.27555564]

>>27555305
read this:
>>27555164

[Anonymous No.27555986]

>>27555564

[Anonymous No.27556132]

>>27555305
They might try. But it took Bancor 4 years so it might be a while. Uniswap is the cheap knockoff version of Bancor. Kinda like Band is to Link. Pic related.

[Anonymous No.27556271]

>>27547504
I am financially ruined.

[Anonymous No.27556551]

>>27556132
it's hard to have full trust in their success due to their questionable track record, they lost a lot of trust, the price of being first and having to experiment and fail

[Anonymous No.27557158]

>>27556551
Understandable. I find it reassuring that they didn’t walk away when things got difficult. It would have been easier to walk off with everyone’s money but they used the experience to build a better product instead

[Anonymous No.27557423]

>>27547504
>Bnt
swap platform with high staking rewards?
>Aave
loan platform?
>SNX
another swap platform?
>LINK
all your data are belong to us.
>Etherisc DIP
blockchain insurance?

am I getting everything? or am I just retarded.

and here's another product implemented ChainLink.
https://medium.com/snowswap/snowswap-integrates-chainlink-fast-gas-oracle-b9b8529d5ea7

[Anonymous No.27557639]

>>27556132
wait is optimism really the name of it or are they memeing?

[Anonymous No.27557760]

>>27557158
I feel like this can't be overstated enough. They raised 150 mil in ico and could've walked away but kept at it and make a better product even though biggest dex right now stole their work. Feel like that bodes well long term but who knows

[Anonymous No.27558647]

I'm going to go all in on BNT next week anons. Well, I'll keep the relatively small amount of ETH I have, but the rest goes to BNT.

[Anonymous No.27559075]

thanks to this and the previous thread, i bought and stakes 1200 BNT. thanks fellas.

now some advice - should i throw 2k into GRT or more BNT? Also, my only other holding is a large undisclosd amount of XMR. As this thread is one of the only non-pajeeted on the board, let me ask the intellects here what they think of this?

[Anonymous No.27559213]

HOW THE FUCK DO I STAKE THIS SHIT

[Anonymous No.27559317]

>>27559213
just google it anon. a monkey could do it. just make sure you have enough eth for gas.

[Anonymous No.27559398]

>>27559075
You should just all in on BNT if you are gonna stake. The rewards will be a lot higher

[Anonymous No.27559444]

>>27559317
WILL I MAKE MORE MONEY IF I SINGLE STACK OR DO BOTH COIN POOLS

[Anonymous No.27559655]

>>27559398
this is true. ultimately i guess i am asking what this thread think the prospects for GRT are?

[Anonymous No.27559730]

>>27559444
depends on your stack i guess? and how much gas is going to take away from yur total

[Anonymous No.27559758]

I only have about a grand to throw at this. I assume it isn't worth staking?

[Anonymous No.27559951]

ALL profits go into AAVE SNX and ETH. Daily I'm flipping FTM MIR and BAO after runs. I am done with the food tokens atm other then BAO. The memes are too good, and I am already up.

Gonna grab some more SNX soon, whenever ETH pumps once it stabilizes the whales switch sUSD to iETH. If you havent figured out how important SNX and sBTC sETH iBTC iETH and their indexs and commodities are to the system you are missing out.

DO NOT SELL you UNI. Hayden is in talks with L2. Thats why the accumulation has been gradual. They will reward LP pools UNI who make the switch to L2. So have your wbtc/eth pairs ready.

Cheers

[Anonymous No.27560215]

>>27557760
Yeah you really have to wonder how tempting it would be just to take everything and run. I would be furious at the world. Especially Hayden. Makes me wonder if building the best dex in the world is revenge.

[Anonymous No.27560393]

>>27559075
I bought GRT at $0.08 no joke. I sold it at around $0.60 for bnt. You would probably do great with either. I think bnt has further to run than grt but no one knows what will happen

[Anonymous No.27560702]

>>27549918
Link is the most important project of them but snx and aave might see larger gains in the short term from here. Bnt could have the largest growth as a % though since it's still oddly cheap.

Do people not buy bnt because sad jewess? Is that still a thing? I may be wrong if there's something qualitative I don't know.

[Anonymous No.27560707]

>>27560393
>>27560215
Here is what I'm thinking

bancor has 2x locked value compared to loopring
but $BNT's Market Cap is 30% of $LRC... Based on TVL $BNT should be worth 6x current price putting the price well over $12. and that isn't factoring in a potential retail investor mania on coinbase

[Anonymous No.27560736]

>>27559951
Source on the rewards or are you guessing?

[Anonymous No.27561137]

>>27560393
thanks for the response. tough decision trying to pick between two promising options. why do you think bnt will run further?

[Anonymous No.27561447]

>>27560736
0xMaki from sushiswap also runs powerindex.io, which I am a part of for CVP farming, I've been with them since PIPT. 0xMaki said it in discord. UNI hasn't really been doing any partnerships because they do not have too. They have been working overtime in prep for L2. The rewards will follow a LRC system for major pairs eth/dai eth/wbtc etc...

It is supposed to be at the end of FEB. But with devs you never know. Bentobox was supposed to arrive 2 weeks ago at the latest, and now they dont even mention it anymore...fucking Banteg

[Anonymous No.27562038]

>>27547504
Would staking 500 bnt be worth it? If I get this right, I could swap my vbnt for more bnt and stake that as well? How does even work? There literally has to be some downside to it.

[Anonymous No.27562151]

>>27561447
>It is supposed to be at the end of FEB.
Uni L2 is supposed to be end of Feb, did I understand correctly?

[Anonymous No.27562167]

>>27559951
Based Canadian Poster.
Canadian Union of Fascists checking in.
Can you give me a quick rundown on SNX?

[Anonymous No.27562607]

So what if Uni releases v3 with L2 implemented sooner? Why would anyone still switch over to Bancor

[Anonymous No.27562683]

>>27562607
impermanent loss + single sided staking

[Anonymous No.27562735]

Alright you bastards, this and the previous thread are really convincing me.

But this sounds too good to be true. Tell me how I'm going to lose all of my money.

[Anonymous No.27562760]

if I add BNT to be able to stake more LINK will I be staking both for 100 days?
this shit-s lit

[Anonymous No.27562825]

>>27562760
yes

[Anonymous No.27563489]

smooth brain here. got 10k sitting on my metamask as ETH. Should I buy 5k of BNT and stake 50/50 or all in BNT? or what?

[Anonymous No.27563632]

>>27563489
Definitely leave a bunch of your eth. very safe long term investment

[Anonymous No.27563651]

>>27559075
I don't see the point of GRT.

[Anonymous No.27563734]

>>27563489
You can stake ETH by itself. You don’t need to buy bnt unless you want to

[Anonymous No.27563968]

>>27561137
Because defi is being hyped so much right now and bnt has about 1/100th the market cap of similar projects.

Also grt has a lot of coins to eventually dump on the market. Like an insane amount. The tokenomics of bnt are a better hodl imo

[Anonymous No.27564176]

>>27563968
yeah cool, this was my primary factor in favour of bnt - re the incoming token dumps. thanks for affirming this.

[Anonymous No.27564215]

>>27562038
You should wait to stake. The gas would cost more than rewards. Wait for Arbitrum or until you have a bigger stack

[Anonymous No.27564244]

>>27563489
>>27563632
I can just stake my ETH? Someone post a link please

[Anonymous No.27564332]

>>27564244
just google it anon, you cant expect that much spoonfeeding

[Anonymous No.27564467]

>>27564244

[Anonymous No.27564483]

>>27564332
True I’m being lazy thanks anon

[Anonymous No.27564548]

>>27563734

Ye i know, but how to maximize gains? Also would like to buy BNT since undervalued. But should i buy and hold until arbitum or stake? How much are the expected rewards for ETH and BNT staking. How much the kike(gas) fee?

[Anonymous No.27564554]

>>27564244
Yes you can. Go to Bancor’s website. If you need help they have great customer support.

[Anonymous No.27564795]

Nate seems salty as hell about uniswap kek, can't blame him though and he makes some good points (pic rel.)
This really does seem stupidly undervalued compared to competitors, they're literally the only AMM with both single sided liquidity and IL protection, and they're also working on L2 scaling via arbitrum as well as a Polkadot bridge. Meanwhile, fucking pancakeswap and band protocol is valued over Bancor, truly clown market

[Anonymous No.27564802]

>>27564548
The rewards are posted on the Bancor website. Bnt rewards are much higher than Ethereum. Maybe do a split of 80% ETH 20% bnt if you aren’t sure. See how it goes. They are both great coins and you will make money no matter what.

[Anonymous No.27564900]

Nate seems salty as hell about uniswap kek, can't blame him though and he makes some good points (pic rel.)
This really does seem stupidly undervalued compared to competitors, they're literally the only AMM with both single sided liquidity and IL protection, and they're also working on L2 scaling via arbitrum as well as a Polkadot bridge. Meanwhile, fucking pancakeswap and band protocol is valued over Bancor, truly clown market

[Anonymous No.27564964]

>>27564802

Ty for responses

[Anonymous No.27565036]

>>27564795
It is a clown market but long term I find that it usually evens out eventually. Smart money figures it out and the sheep follow

[Anonymous No.27565213]

>>27564964
Anytime m8. I will try and help when I can but I don’t want to tell you what to do when no one can predict what will happen. It’s a bull market so everyone will make money no matter what.

[Anonymous No.27565228]

Follow the money. 85% of LM rewards tokens went straight back into the protocol. That’s 85% of whale money that is banking on Bancor just getting started. It’s always the best platform for whales by miles, with Arbitrum it will be the best platform for minnows too.

[Anonymous No.27565297]

>>27565213
im pretty balls deep in BNT with a LINK cockring keeping everything tight
I held LINK into six figure hell, I hope BNT gets me to 7 figs

[Anonymous No.27565369]

>>27564900
Checked and thanks for posting this. I didn’t know impermanent loss could rek your profits that much jesus

[Anonymous No.27565557]

>>27565213

Ye I get that. I guess ill just buy BNT for 3.3k and hold ETH and BNT on metamask until fees go down.

[Anonymous No.27565697]

SUSHI HAS IL PROTECTION, WHY NOT JUST USE THAT
LOOKS LIKE IT WILL OVERTAKE UNI EVENTUALLY

[Anonymous No.27565700]

>>27565557
you might as well stake, with 3k BNT it'll take a few weeks at most to pay off the contract fee

[Anonymous No.27565915]

>>27565700

not 3k BNT but 1.6k which is worth 3.3k

[Anonymous No.27566435]

>>27564332
>>27564467
>>27564554
Thanks one more dumb question gas fee is $200 for me to stake 10 ETH do I go for it? Are the returns worth it?

[Anonymous No.27566625]

>>27565697
Source on Sushi’s IL protection? Sushi doesn’t have a L2 solution, single sided liquidity or 140% APYs. I think you might have been duped. It might do well short term though.

[Anonymous No.27566693]

>>27566435
The gas will most likely be $60-$70 even though it estimates higher. And yes the yields are worth it. You will make that back in a week or two

[Anonymous No.27566734]

>>27566693
Fuck yeah thanks brother

[Anonymous No.27567012]

>>27566693
Got some leftover to invest LTO or DIP?

Also wow Bancor’s liquidity page is nicer than Uniswap’s

[Anonymous No.27567271]

Staked it not even 24h ago, and already made 5 BNT. I have been watching it since I sold after the ICO and finally pulled the trigger and bought 2.5k Vey comfy but am still kinda annoyed that it will take a week to get the fees back.

I can only recommend you to try defi on Binance Smart Chain. It is growing rapidly with already over 1.2B tvl.. Binance got a huge userbase and BSC is more normie friendly due to much lower fees and the trust wallet support. The two biggest bsc projects are Pancakeswap (CAKE) and Venus Protocol (XVS):

Venus:
>TVL: 560m
>only 1/3 of the marketcap of Bancor
I use it to borrow busd and mint VAI to buy more crypto while enjoying 20% apy on my btc. It got developed by swipe which got acquired by Binance, I think Venus is "CZ's defi". Very high potential midterm imo and still undervalued even after the recent run.

Pancakeswap
>TVL: 500m
>Marketcap slightly lower than Bancor
The uniswap of BSC. Already had a big run in the last weeks so it might need some time to cool off. Anonymous team and unlimited supply make it hard to recommend.

Bonus pick: For the degenerates there is DITTO, anonymous team meme project. What it has going for it is pancakeswap partnership, being the first ampleforth clone on bsc and it's tiny 1.8m marketcap.


And lets be honest here, none of these are comfy long term holds like bancor. CZ claims that BSC is decentralized but BNB whales dominate it. There was no XVS presale but they farmed it via launchpad and pancakeswap. It was only limited farming but the whales still got enough to manipulate the price for the first months. Sot he BNB whales clearly accumulated large amounts and recently started pumping it.

[Anonymous No.27567598]

>>27567271

So if i pull my gains from my /biz/ pumpdump wallet with 55k USD i could be earning $100 / day effectively.

[Anonymous No.27567608]

>>27565697
There is neither single sided liquidity nor there is IL protection: https://sushiswap.fi/swap
Perhaps it's on their roadmap, but that's a different story

[Anonymous No.27567631]

Do rewards scale with the price of BNT? If I buy BNT now and the price goes up to say $10, but the bancor exchange on goes up twice in daily trade volume, would I only get twice the staking revenue or five times?

[Anonymous No.27568359]

>>27567271
>Binance Smart Chain
this looks like etherscan to me? or did I find the wrong website https://bscscan.com/