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54514232 No.54514232 [Reply] [Original]

What are the financial implications of them blackmailing 2000 defi projects exorbitant fees in exchange for their services? OEV aka Oracle Extracting Value isn't fair for the global defi market participants. Should defi just go on strike and refuse to use oracles?

>> No.54514246

>>54514232
The financial implication is to pay up

>> No.54514267

>>54514232
>>54514246
>$7.19

>> No.54514305

I think this will only encourage Chainlink users to look for other options. Some projects are already writing their own Oracle solutions like dydx. Bad move by Chainlink Labs.

>> No.54514346

Defi projects never had to pay for their oracles before, so they shouldn't have to do so now.
Oracles are a public good.

>> No.54514366

>>54514305
It's all good until it gets hacked. And it will.

>> No.54514367

>>54514267
>>54514305
>>54514346
Nyaaa ya gonna pay up seeee and you're gonna like it ayyyy

>> No.54514428

>>54514366
By the time any hacks or manipulations occur, investors will have exited. Security isn't priority. Good enough is fine.

>>54514367
The onus is on chainlink to provide their services free to the customer. It's chainlinks problem if they can't figure out how to do it.
Though, it seems like they've been doing just fine so far for the past 5 years.

>> No.54514472

>>54514232
>Should defi just go on strike and refuse to use oracles?
Chainlink has *cough* competition you know. Feel free to use API3, band or even tellor. Oh.... You dont trust them? Thats a shame.

>> No.54514498

>>54514428
>Security isn't priority.

You are right. It's not. They shouldn't be using chainlink.

Time to cut the dead weight and let ari do the rest.

>> No.54514516

>>54514246
Kek fudders utterly and irrevocably BTFO.

>PAY
>UP

It really rolls off the tongue doesnt it

>> No.54514521

>>54514305
Buy an oracle.

>> No.54514536

go ahead, use an alternative like band and show us your success.

>> No.54514556

Bagholders have been paying up for 6 years straight while sergey mercilessly dumps on them. Thanks for crowd funding defi and missing the bull run. Glad there are still altruists willing to sacrifice for the greater good.

>> No.54514572
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54514572

>>54514556

>> No.54514576
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54514576

>>54514556
This is why they're called cuckolds kek

They brag about losing sats/gwei/dollars

>> No.54514605

What are the financial implications of there being a $7 stablecoin?

>> No.54514618

>>54514346
it might come as a surprise to you, but public goods are paid with a type of mandatory fee called a tax

>> No.54514657

>>54514428
And now they're gonna be doing even better as they strong arm the entirety of DeFi into paying fealty to the very thing that enables their existence

>> No.54514661
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54514661

>>54514556
>>54514576
>cucks like >>54514367 have been paying up for over half a decade and will continue to do so LMAO

>> No.54515226

>>54514428
>fuck security and a functioning system, the rugpull is still a go!

>> No.54515318

Fudders are tragic, pathetic, terminally online losers with absolutely ZERO life. You can't make a thread without them piling on in seconds. They sit on the catalogue spamming the F5 key until a thread is posted and they then race to get the first post, only taking a momentary break to link to the tranny discord for support from their fellow brown-skinned saddos before resuming their bizarre and hysterical attacks on the project and its holders.
They do this all for free.

>> No.54516241

>>54514232
dr;ns;pm

>> No.54517374
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54517374

>>54515318
DUUUUUUUUUUUUUUUUUUUUUUDE ITSTHHHH A SEGRETTTTTTT!!!!!

>> No.54517919

>>54514232
chainlink sucks and so do you

>> No.54517924

>>54514232
The Linkies won.

We fuds lose.

Simples.

>> No.54518003
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54518003

>>54517924
Check the price, you lost (a lot)

>> No.54518102

>>54514305
Look for other options but be ready for Ari to buttfuck you into the dirt with his best.

>> No.54518877
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54518877

>> No.54519408

>>54518003
Pay up, son

>> No.54519652

>>54514232
the absolute state of you retarded full-time fudcucks lmao
>>54516531
>>54516824
>>54517688
>>54517801
>>54517836
>>54517862
>>54518940
>>54517832
>>54518940
>>54519008
>>54518758
>>54519109
>>54518976
>>54518222
>>54517874
>>54517907
time to pay up
no more free rides - you either use the best, most reliable and secure decentralized oracle product in the space or you get exploited by hackers and lose everything