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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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52435859 No.52435859 [Reply] [Original]

The first products to use Chainlink price feeds, EthLEND (now AAVE) and Synthetix, became titans of DeFi summer. Will the BUILD early adopters have a similar trajectory?
Personally I'm pumped for:
>Space and Time DB
Multichain on/off chain database bridge for very fast querying and analytics, fully decentralised.
>Mycelium.xyz
Similar to GMX but with tweaked parameters, Mycelium was top 20 on cryptofees.info during the recent volatility, with 70% of fees paid out to token holders, despite having a 15m cap and being rank #730. This is my long shot 100x yolo for the next bull. Perp DEXes are hot meme now that FTX is dead.
>truflation
Awesome product that has been more relevant than ever this year, "real" inflation data taken from millions of live data points. Not sure how or why a token is necessary, though.

I don't know much about Bitscrunch, Krypton, InterestDeFi or Galaxis, any anons want to chip in?

>> No.52435896

>>52435859
i want to be bullish on myc but what will they do to differentiate from GMX and attract liquidity?

>> No.52435913

>>52435859
Isn’t Space and Time literally a microsoft company? So we have connections with Microsoft now too.

>> No.52435990

any details about how the build allocations will actually be split? when CLL drops staking on dec 31 11:59:59 I assume that some will be kept by CLL and some will be given to stakers. Will this be a 50/50 split? one time airdrops? trickled out over the course of the year?

>> No.52436020
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52436020

>>52435896
It's barely different. As far as I know it's just GMX with a few paramaters tweaked. I wasn't actually that interested in Mycelium until I saw them on the cryptofees leaderboard. Hard to ignore the fact that a rank #700 shitcoin earned more fees in a day than, say, Avalanche or Solana.

>> No.52436029

nah im not really bullish for round 216 of jew vcs get in early to dump on us goyim
get in your time machine and go back to 2017

>> No.52436062
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52436062

>>52435859

DR;NS

Just came here to add that I had a dream that 2023 was gonna be the year where LINK goes to the moon.

>> No.52436068

>>52435859
gTrade and GMX both use chainlink price feeds, I think dydx does too

>> No.52436100

>>52435990
No details, Chainlink doing their usual lack of transparency so you'll just have to trust them. Truth not trust, except in Chainlink's case.

>> No.52436131

>>52436062
I dreamt i strangled my wife, checkem

>> No.52436185

>>52436131
settle down there chainlinkgod no need to go full incel on us

>> No.52436305

AAAAAHHHHHHH HE'S GOT A GUN

>> No.52436340

>>52436131
based strangler thank you king

>> No.52436395

Going through the other projects now:
>Bitscrunch
NFT analytics based in Germany and backed by Coinbase Ventures. My initial impression is "meh" but at least they have a relatively unique usecase in providing better analytics data for NFTs.
>Krypton Protocol
These guys were participants in the 2021 hackathon who are working on a front running and MEV resistant DEX. With the close Chainlink integration maybe they're an FSS early adopter. Hard to get too excited about another DEX but see how it goes I guess.

>> No.52436471

>>52436185
Based SmartCon Shooter memer

>> No.52436472
File: 77 KB, 908x680, Screen Shot 2022-11-15 at 9.27.25 am.png [View same] [iqdb] [saucenao] [google]
52436472

>Interest protocol
I got as far as pic related kek
>Galaxis.xyz
Actually pretty cool toolkit/marketplace for building your own NFT collection. Probably one I'll hold onto.

>> No.52436608

chainlinkgod is the redpilled full incel killer

>> No.52436656

>>52436185
based meme

>> No.52436834

>>52436131
calm down anon its just numbers on a screen

>> No.52436892
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52436892

>>52435859
>Chainlink BUILD
Doesn't matter, because:
DR;NS/NS

>> No.52436922

>>52435859
DR FD
Didnt Read Finna Dump (On that Fat Fuck)

>> No.52437398
File: 3.02 MB, 1576x1032, kayak.png [View same] [iqdb] [saucenao] [google]
52437398

>>52435859
based thread

>> No.52437910

>>52436185
based

>> No.52437955

How many projects have joined BUILD, 8?

>> No.52437968

imagine staking in v0.1 kek

>> No.52437990

ChainlinkEcosystem.com when are you guys going to add a category for participating BUILD projects. Fucking step it up

>> No.52438575

>>52437968
There’s no slashing. You have zero risk, get 5%, and get BUILD. For a “never seller” there is literally only upside.

>> No.52438604

>>52435859
Have you people learned nothing from LUNA or Bancor or FTX or CRO or Mt Gox or....

NOT YOUR KEYS NOT YOUR CRYPTO. Don't come back here crying about how Sirgay won't let you unstake your LINK when it is dropping from $1000 to $200. We warned you. Sirgay himself warned you. His hands are clean because he told you in advance that he would betray you again. Thats how these people operate. Their religion demands them to inform the goyim what they are planning to do to them so that they will not suffer any karmic debt. By choosing to stake in v0.1, you are consenting to be locked out of your tokens.

>> No.52438666

>>52438604
This is level 5 advanced 4th dimensional fud. The more staked the better the system operates and the more link you’re given for literal free. Zero slashing in v0.1 he just doesn’t want you to enter early so more space is opened for him. It probably made him fucking seethe that you only needed 7 link per wallet to stake kek.

>> No.52438679

>>52438604
For people who aren’t selling their link anyway there is literally only upside to staking .

>> No.52438872

>>52438666
The system operates just fine without any LINK staked right now. Plus, this is not even staking. You're just providing liquidity for the Big Mac to drop the mayo on your head. If voluntarily locking your tokens indefinitely makes the network soooooo secure, they why doesn't Sirgay lock up all 300 Million of his tokens? Hmmmmmm? I was told that he doesn't care about money and just wants to build a public good? Maybe in reality he is just planning to take a good dump on stakers in public because anyone on the planet can check etherscan to laugh at all the addresses that volunteered to lock up their liquidity.

>> No.52438979

>>52438872
I sure hope ChainLinkGod does not read this post otherwise he might strangle someone

>> No.52439003

>>52438872
But if you're not selling your Chainlink either way it makes no difference. If someone plans to hold LINK for 10 years then staking on v0.1 gets them more LINK and BUILD projects, whereas not staking gets them nothing.

>> No.52439323

>>52439003
Not your keys not your crypto. By staking v0.1 you are not holding. You are donating your tokens forever in exchange for receiving 1/20th of it back (maybe, if Sirgay is in a good mood).

Or you could just make one single trade per year for a 5% gain and still actually own the tokens. You're not that terrible at trading are you?

>> No.52439421

>>52439323
>You are donating your tokens forever
v0.1 will be a fixed duration.

>> No.52439430

>>52439323
What is this blind staking fud???

Steak your LINK frens enjoy the sizzle of gains dropping into your ChainLink wallet biweekly.

Pro tip: Steve is working on adding a steak sizzle sound effect every time new coins hit youre wallet!

>> No.52439731
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52439731

>>52439430
Put it on cuck. Make sure it fits comfortably since it will be latched onto you for a very long time.

>> No.52439959

>>52438575
they're gonna lock your tokens in v0.1 so you can't sell during an obvious blowoff top. by the time you make it from link you'll have made it in a world which you despise as you're wealth will only exist within their digital slave system.

>> No.52440071

>>52439959
I literally plan to hand down 20k LINK to my children. There is no blowoff top that would make me change my mind on that.

>> No.52440170

>>52440071
to each their own but i think the strategy should be to use the crypto markets to convert digital wealth to physical, real world wealth as the opportunities present themselves. remember at the end of the day this shit is just digits on a screen and it seems that globohomo is set on making physical wealth harder and harder to acquire as time goes on.

>> No.52440444

>>52440170
>>52439959
Post your trades then faggot let’s see that godlike short where you sold the blowoff top lmao

>> No.52442045

>>52439731
Why is there a padlock on that whisk?

>> No.52442232

>>52439323
>Not your keys not your crypto
You stake from your wallet retard

>> No.52442263

>>52435859
someone explain to me how chainlink is not a security
now they're piling more securities on top?

>> No.52442269

>>52442045
to keep people like you from licking the inside before it's time

>> No.52442470

>>52442269
It’s a whisk I’m willing to slake

>> No.52442659

Im in this thread for the tech

>> No.52443083

>>52442470
Fucking kek. Clever.

>> No.52443448

>>52438666
S-satan?