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/biz/ - Business & Finance


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File: 1.56 MB, 1488x1488, muh oracle free defi.png [View same] [iqdb] [saucenao] [google]
55115770 No.55115770 [Reply] [Original]

>4,000 ETH later
uhh oops haha sorry, didn't see that coming. At least we didn't rely on Chainlink (10 Trillion TVE+ counting and $0 lost)

>> No.55115895
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55115895

>>55115770

>> No.55115990

Lol, lmao even

>> No.55116007

What the fuck kinda DeFi doesn’t need an oracle? The shit kind that’s what

>> No.55116009

>>55115770
>we have a problem where people keep stealing the money out of our ATMs
>oh there's a 100% secure solution for that, it's this littel widget called ATMsafe
>oh no, we don't want that. No ATMsafe summer! We're building exciting new ATMs with no ATMsafe!
>oh no our ATMs got robbed for even more money, oh no

>> No.55116053

>>55115770
can I get a knee status bros?

>> No.55116077

>>55115770
Yeah I’m sure Al those failing oracles will make the price pump!

>> No.55116182

>>55115770
apparently this jimbos shit launched only 20 days ago? clearly an inside job. how do we get it through retail's retarded fucking skulls that if they don't use chainlink it's literally a scam?

>> No.55116206
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55116206

>>55115770

>> No.55116299

>>55115770
K

>> No.55116321

Zenon has oracles at protocol level. Bitcoin is the future of defi

>> No.55116344
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55116344

>> No.55117175

>>55115770
>Effectively, the exploit works by:
>Buying JIMBO low
>Selling JIMBO high

Wut lmao. What a bunch of clowns. Why do they keep setting themselves up for this shit

>> No.55117187

The Stage is Set, In order to defeat the Fudders, what we've all connected here, gather it together, the power of Chainlink, Release it all! We are accelerating now!

>> No.55117216

>>55115770
I hope so. I want to see Linkies getting BTFO. The most obnoxious shillers on biz for the past 5+ years.

>> No.55117221

another situation that could have been avoided by not using chainlink oracles.

when will defi wake up to the plague that is Chainlink brand LINK oracles? Worse than Covid19!

For example Euler say that some fully informed and up-to-date users are uncomfortable with Chainlink oracles blockchain lite data objectivity
https://www.eulerlabs.com/blog/prices-and-oracles

>> No.55117232

https://github.com/0xcacti/awesome-oracle-manipulation#github-repos

>> No.55117349
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55117349

Come out to Dubai, we'll get together, have a few shits.

>> No.55117382

>>55117232
>A common approach to avoid these kinds of centralized points of vulnerability is to use a decentralized price oracle that employs some kind of averaging across several (deep liquidity) pools to determine the true price. This is much harder to manipulate as it is financially practically impossible to source enough funds to be able to significantly change the price of multiple pools, especially those which have deeper liquidity.
who would've thought huh

if only there was a decentralized price oracle out there hmmm

>> No.55117506

Ouch!

>> No.55117770
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55117770

>>55115770
oh no

>> No.55117782

>>55117770
He can't keep getting away with it!

>> No.55117790

>>55117216
Take a moment to inspect the OP again my friend

>> No.55117803
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55117803

>>55115770
I really hope Ari isn't the antichrist

>> No.55117812

>>55115895
God this guy fucks

>> No.55117926

>>55116009
Lol

>> No.55118077

>>55117803
No, just a regular luciferan child blood drinker. Cornell mafia.

>> No.55118083

>>55115770
Token not needed.

>> No.55119073

kek fuddies and MEVies

>> No.55119239

>>55116053
At this rate the knee has been broken into a hundred pieces with so much bending

>> No.55119973

>>55115895
he is so smug because he outbrains everyone else

>> No.55120113
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55120113

>> No.55120128

>>55115770
So to make Chainztink not as shittt you now compare it to things like JIMBO?

>> No.55120641
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55120641

>>55120128
not sure if you just have 0 reading comprehension or are a fuddie trying to invent a new angle but either way this post is the dumbest I've read all day and it reeks of shit too

>> No.55121036
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55121036

>>55120641
picrel is the fuddie motto

>> No.55121067

>>55117216
>flagging yourself as a retard who just reads headlines and takes them as fact
No wonder you don’t like LINK.

>> No.55121075
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55121075

>would be a shame if something where to happen to that Oracle-Free DeFi solution

>> No.55121205

>>55117803
They fucked up on that restore balance thing...

>> No.55121236

>>55116009
kek

>> No.55121247
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55121247

>>55116009

>> No.55121250

>>55115770
The real question is how did they find enough idiots to give them 4000 ETH for this scam?

>> No.55121255

>implying this will make link pump
>inb4 who cares about the price, tech is all that matters bro!
nobody gives a fuck you retards

>> No.55121264

>>55121255
i'm in it for the tech and you can't stop me

>> No.55121269

>>55121264
I'm in it for teh moneyz and there's nothing you can do about it

>> No.55121389

>>55121269
so you're waiting until it pumps before you buy? instead of buying low? genius strategy.

>> No.55121420

>>55121389
Duh
Buy high sell low. The biz way all the way

>> No.55121495

>>55121389
no, I'm avoiding old, unpumbable shitcoins all together in favor of new ones

>> No.55121501

>>55121495
so your mistake is thinking LINK is a pepe or shib with no inherent value. this is understandable given 99.9% of the crypto market is like this.

>> No.55121512

>>55121495
good thing you’re monitoring link threads to know not to buy jimbo fuddy

>> No.55121584

>>55121501
no it is even worse than these, it's more like XMR, amazing "fundamental usecase", zero speculative action
>>55121512
I have no choice, since you're always making sure there are at least 10 link threads on the catalog

>> No.55121607

>>55121584
>you're
Making LINK fud threads and then crying about the amount of LINK threads is very, very disingenuous my little anon

>> No.55121612

>>55121607
I haven't made a single link thread, ever
cope harder shill

>> No.55121625

>>55121612
That's good, but are you smart enough to make a general?

>> No.55121639

>>55121625
no and link bagholders will never comply to one, we've been over this, spamming false flag fud threads is keeping link alive on this board
>inb4 reee the fudders aren't holders
the fudders, especially those who dedicate hours on creating fud memes, are 100% holders

>> No.55121705
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55121705

>>55121639
I hold zero link, I am not bullish and I am beyond bearish.
Chainlink is a globohomo shitcoin of the highest order and is going straight to zero.
Their days of shitting up biz with their astroturfed psyops are over. They've been found guilty of using DARPA bots, paid shills and sybil attacks to push the WEF agendas, and for that they will pay with their miserable life.
The shills and bagholders will be financially EXTERMINATED and there is nothing they can do about it except watch in horror as it all comes tumbling down. The ride ends here for linkies, the game is over for them.

>> No.55121792

>>55121639
So you hold Link?

>> No.55121835

>>55121705
>I hold only link, I am not bullish and I am beyond bullish.
>Chainlink is a guaranteed winner of the highest order and is going straight to 1k EOY.
>The days of shitting up /biz with astroturfed shitcoins are over. They've been found guilty of not proofing reserves, paying shills and jannies to push the shitcoin pump and dumps, and for that they will be flushed down the loo like the poo.
>The shiltcoins and 'oracle-fee' will be financially EXTERMINATED and there is nothing they can do about it except watch in horror as it all comes tumbling down. The ride ends here for shitcoiners, the game is over for them.
FTFY
gg no redeem

>> No.55122974

>>55121584
>I have no choice, since you're always making sure there are at least 10 link threads on the catalog
you're probably an obsessed little fuddy but in the case you are actually bothered by the fact that /biz/ is a link board, you can filter threads that mention chainlink.