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/biz/ - Business & Finance


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30266324 No.30266324 [Reply] [Original]

DAFI protocol is creating network-pegged synthetics to reward long terms users and thereby combat hyperinflation.

Not hyper-inflationary & rewards early-users as the demand grows

Token sale on DAO Maker, what do you think anons?

https://twitter.com/DafiProtocol/status/1366376849077637127?s=20

>> No.30266362

>>30266324
>DAO Maker
Never heard of it

>> No.30266513

>>30266362
They are decent project in blockchain SaaS solutions, governance tech, & data-supported tokenized funding

>> No.30266622
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30266622

>>30266324
>combat hyperinflation

>> No.30266731

>>30266324
I still don't get these tech-oriented project. Just tell me if it can make me money or not?

>> No.30266789

>>30266731
Yes

>> No.30266803

>>30266324
Just did a little digging and NatWest is funding DAFI and it may aswell be called NatWest DeFi, not really decentralized when a bank owns a majority share.
Also the universities that Dafi places on their marketing banners is complete bullshit. They did a few talks and post-class clubs in these universities and got endorsed by a few societies. Thats literally it. You can't invite yourself to talk at universities and then claim you are sponsored by them... Tacky choice of marketing.

>On February 1, the prestigious University of York hosted DAFI’s team for a night of stimulating discussions and engaging conversations around blockchain economies. A forward-thinking University, known for Gavin Wood, co-founder of Ethereum and creator of Polkadot graduating there
Okay great, Gavin graduated from there and you had a talk. Why does that mean you can include York University picture in DAFI marketing?

>> No.30266830

>>30266324
What do i think? I think it sounds like yet another dumbass vaporware shitcoin just like all the other ones shilled by telegram pump and dump groups on this godforsaken board

>> No.30266988

>>30266803
Still better than all the shitcoins out there who no quality team & have 0 skills in blockchain space or non-blockchain industry

>> No.30267019
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30267019

>>30266830

>> No.30267162

>>30266803
>not really decentralized when a bank owns a majority share
Do you think the majority of the coins of any project aren't owned by central authorities? Come out of the mom's basement & face some realities

>> No.30267291

>>30266803
>a bank owns a majority share
cripple

>> No.30267524

>>30266324
I expect more and more high profile DeFi projects to create adoption-tied synthetics in the near term. It's a novel approach to combat hyperinflation and reward users later when network-demand rises.

>> No.30267545

>>30267291
>cripple
0

>> No.30267600

>>30266803
>Why does that mean you can include York University picture in DAFI marketing?
It's not a crime or a bad thing to do anon, Gavin is an alumnni of that NYU & he can do whatever the fck he wants

>> No.30267700

>>30266803
>got endorsed by a few societies
I will take it as a positive thing & will invest in DAFI, Just buy my bags at the top

>> No.30267738

buying some because thats my uni

>> No.30267751

>>30266830
>vaporware shitcoin
So you are telling me there are few projects out there which aren'y vaporware? What you smokn faggot

>> No.30267856
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30267856

>>30267738

>> No.30267893

>>30266324
Buy ADA and shut the fck up

>> No.30267939

>>30267738
It's the lame & corny reason I have come across to buy a shitcoin

>> No.30267980

>>30267856
will be complaining if theres no student airdrop

>> No.30268416

>>30267980
>student airdrop
Why not protest in front of WhiteHouse?

>> No.30268488

>>30266324
Why is Hyperinflation bad & How does dafi protects from Hyperinflation?

>> No.30268557

>>30268488
Inflation is actually good, but today these 200% reward rates are just pump and dumps usually. Staking, Consensus, Nodes, Liquidity mining - all are examples of network inflation newfag

>> No.30268591
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30268591

>>30268416
Read below newfag

https://dafiprotocol.medium.com/inflation-in-blockchain-defi-103e9b6ed2e5

>> No.30268648

>>30266324
>DAFI
Does this shitcoin has any utility in the networks?

>> No.30268673 [DELETED] 

>>30268648
DAFI is implemented as a TX Fee for protocols creating network-pegged synthetics on our protocol - this requires a chain-compatible, decentralized network

>> No.30268775

>>30268648
DAFI is implemented as a TX Fee for protocols creating network-pegged synthetics on the protocol

>> No.30269023

>>30266803
>complete bullshit.
I made a fortune during the ICO hype, don't overthink & just make monies oldfag

>> No.30269083

>>30269023
I got rekt back in 2017 but made a decent sum this year after being homeless during bear market.

>> No.30269126
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30269126

>>30267980

>> No.30269252

I went to Leeds uni do I have to buy

>> No.30269525

>>30269252
Stick to bitcoin anon, it's the only decentralized coin

>> No.30269608

>>30266324
>>30266803
can someone tell me how these alt coin companies make money once they run out of tokens to dump to fund the business? do they just stop development at that point or do they work for free or what

>> No.30269692

>>30269608
Take LINK for example since its /biz/ most shilled coin
They probably sell tokens for funding , but about half the weekly "dumps" go straight into the network.
They also pay salaries in Link tokens (or at least they did early on).
They will likely start buying Link tokens to pay the nodes long before their own reserves are depleted.

This is how the economic system is supposed to work: the users pay the contract operator, and the contract operator pays the nodes in Link

>> No.30269777

>>30269692
>LINK
>other than "iT mAkEs Me RiCh!"
holding it doesn't do anything, useless coin

>> No.30269829
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30269829

>>30269777
It pumps because of the memes

>> No.30269892

>>30266324
Phantasma chian will be using dafi's platform to create 'dSOUL' synthetic asset pegged to SOUL. All in OP!

>> No.30269968

>>30269892
Can I create BTC synthetic assets & sell it at the btc's current price @ $47k anon?

>> No.30270013

>>30269968
Buy BSV if you want BTC's synthetic asset

>> No.30270016 [DELETED] 

I am so shocked by those stupid asses shilling their scam kek. i will put money only in phore token and only to get the graphene. I will see x100 transactions per sec and get income from the sharding tech.

>> No.30270179

I've always wanted to try getting into an ICO, do you have to have connections with the devs or something to buy in?

>> No.30270496

>>30270179
Go hard way anon

>buy some paid tokens
>get some lottery tickets
>Pray for getting whitelisted
>Get whitelisted & buy the token
>Dump on newfags at 10x

>> No.30270528
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30270528

>>30270179
>have connections with the devs
Sucking devs dick might give you an allocation

>> No.30270652

>>30270528
Fetish

>> No.30270725

>>30266324
Another day, another shitcoin shill. I am getting bored of /biz/ now.

>> No.30270749

>>30270725
>I am getting bored
You should fck your mom for the dopamine hit.

>> No.30270815

>>30266324
When is the token sale or IDO? I can throw some spare ETHs on this shitcoin. In this bull market anything can pump including cripple.

>> No.30270838

>>30270749
How do you know that anon, did you place any camera at my apartment/?

>> No.30270954

>>30267162
Yeah they're not, you pathetically bad shill

>> No.30270960

>>30270815
I dug deeper on the project, probably no official date but it will go with SHO on the Dao Maker