AAVE

SillyMoneyRick

I've been doing it with AAVE for over a year. Floating rate about 5% the last few months. It's a great product. Just don't over leverage yourself.

ispotdouchebags

Agree but disagree. Bitcoin is the standard - full stop. Digital gold. Irrefutable. Undeniable. But, only for a store of value. Alt coins will serve a big purpose: Higher Potential Returns • Altcoins are more volatile, meaning they can rise faster (and fall harder). • Smaller market caps = more room to grow. • Example: In bull markets, coins like Solana or Avalanche can do 5x–20x while Bitcoin might only 2x–3x Innovation and Use Cases • Many altcoins power specific ecosystems or technologies: • Ethereum (ETH): Smart contracts and DeFi. • Chainlink (LINK): Decentralized oracles. • Polygon (MATIC): Scaling Ethereum. • Filecoin (FIL): Decentralized storage. • Bitcoin is seen more as a digital gold than a technology platform Access to New Sectors • Altcoins let investors target trends: • DeFi (Decentralized Finance) – e.g., AAVE, UNI • Gaming & Metaverse – e.g., SAND, MANA • AI tokens – e.g., FET, AGIX • This allows exposure to emerging sectors of Web3 Portfolio Diversification • Just like in traditional investing, some use altcoins to diversify their crypto holdings, reducing exposure to just one asset. And the big one: Lower Entry Price (Psychological) • Some investors feel they “missed the boat” on Bitcoin. • They are attracted to altcoins priced under $1 or $10, even though price per coin doesn’t equal value (market cap is what matters).

Abythekid

The ultra wealthy are slowly starting to control Bitcoin. Regular people will move to projects like ETH, ICP, SUI, HBAR, AAVE that have real utility not just store of value. DeFi is going to explode once stablecoin legislation gets passed. The 5 I mentioned have the top DeFi projects.

OkSeries5363

This would taxable in most places. Example: 1. Opening the Short: You borrow and sell 1 Bitcoin when the price is $70,000. 2. Closing the Short: The price of Bitcoin drops, and you buy back 1 Bitcoin for $50,000 to close your position. 3. Calculating the Gain: Your capital gain is the difference: $70,000 (sale price) - $50,000 (purchase price) = $20,000. This $20,000 profit is the amount you would need to report on your tax return. If using Defi it would even worse. Just depositing into AAVE as collatoral is considered a taxable event.

OkSeries5363

If using DeFi like depositing collatroral AAVE pool to borrow, this is typically considered a disposal, you are receving a recipt token of your deposit to allow you to claim later. So a taxable event. Also when you short Bitcoin, you are essentially selling a cryptocurrency you don't own with the intention of buying it back later at a lower price. The profit arises from this price difference. For tax purposes; Example: 1. Opening the Short: You borrow and sell 1 Bitcoin when the price is $70,000. 2. Closing the Short: The price of Bitcoin drops, and you buy back 1 Bitcoin for $50,000 to close your position. 3. Calculating the Gain: Your capital gain is the difference: $70,000 (sale price) - $50,000 (purchase price) = $20,000. This $20,000 profit is the amount you would need to report on your tax return.

oopssomething

AAVE pumping nicely, always comes out strong

Euphoric-Nose-2219

Yeah, I don't think you could make something like Tornado Cash or Monero on Nano and its network as a second layer without serious concessions on decentralization. Could collaboratively work together in marketing, Nano for when you want to see, Monero when you don't, and see if an atomic swap or second hand trader market overlap were possible. Smart contracts are largely where the cypherpunk/tech enthusiast crowd are outside privacy and being rich. That pool of talent and skill is just way smaller than people think. Tornado Cash is an easy example of it being so successful the US govt shut it down, but there's dexs like Uniswap, credit services like AAVE, oracles like Chainlink, etc. That's where most of the current innovation is happening. Stablecoin issuance is probably the realest use case of crypto so far and the fact that it's hyper-centralized frustrates many to no end. Adoption just isn't happening fast enough but the companies buying BTC as a store-of-value for balance sheets is a depressing move for centralization but good for adoption and the future.

chuckrabbit

Oops. It’s even worse l. >>To avoid selling their crypto at a loss, Mann said they took out a loan through the lending protocol Aave, using some of the ETH as collateral. But disaster struck as the market started to crash, driven by the Terra collapse. The incident triggered a cascade of liquidations across the ecosystem, which included Mann’s loan. In a flash, 300 ETH disappeared. “A lifetime of work erased in a moment,” he lamented. Scrambling to find a way out, Mann spent months combing through transactions with his accountant to determine how much they owed — they found out it was $1,095,171.79. So basically they lost it all loaning out their ETH for cash and the value crashed. They got liquidated by AAVE and then they still owed a million to the IRS. These people had no idea what they were doing.

Natalwolff

Hilarious compared to defi platforms like AAVE where variable interest rates for borrowing BTC virtually never go higher than 0.5%.

Shichroron

Learn to AAVE

badass-beeotch

That’s ok. More people = less lending aprs lol AAVE has 24b TVL I’m not here to convince anyone of anything. Just to share my experience and opinion and add value to this sub. My motto is “have fun being poor”. 👀😜👀

BigDreamsSmallWall3t

I see Morpho, Sushi, and Vertex mentioned as “core apps.” What does this mean? Will projects like AAVE, Uniswap, etc not be on Katana?

MichaelAischmann

Turn that into wstETH & lend it on AAVE. NFA.

RussChival

AAVE

Cautious_You7796

I'm more of a believer in BTC than the alts but that doesn't stop me from DCA'ing small amounts into other Alts. Some of them have done pretty poorly, the worst of which is LINK (which is a bit surprising because for a decent bit it was one of the best) but others have done really well, namely AAVE. I just recently cashed out profits in that and took it over to BTC.

TroubleInMyMind

When weekly RSI dips below 40 I'll start reloading alts like LINK, AAVE, and DOGE

biba8163

You are starting to get that trading Shitcoins is NOT finance. **DeFi is a bullshit scam narrative from the Summer of 2020. It's not neither decentralized and it's not fiance. DeFi is ScamFi:**. The world doesn't need for anything. The general public doesn't want it and will never use it. It's for crypto bros circle jerking each other pretending they are using alternative blockchain financial services. - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.

chuck_portis

Market is just getting smarter / more sophisticated. 2017 the strategy was, literally buy anything. Any project whatsoever. ICO that has nothing but a landing page? Max buy. Copy paste BTC coin that has 20 transactions per day on its blockchain? Hundreds of millions in market cap. By the end of this bull run you had hundreds of new coins launching daily. 2021 was a little more substance. We had layer 2 chains, defi, dex, etc. The projects actually did "something", but not necessarily anything actually long term useful. That being said, some legendary apps came out of this period (AAVE, UNISWAP, SOLANA). But the market got flooded with apps which basically lost money to attract TVL, and when the incentives dried up people just moved to the next one. 2024 run was focused on airdrops / infra. Dozens of Layer 2's, apps for \[new chain\], TVL migrated to anything with promising airdrop incentives. Slightly different model from 2021 where you were rewarded directly for participating. Now you are rewarded implicitly but with the potential for a big windfall from a monster airdrop. This worked because new coins were still being given huge valuations. Mostly characterized by high FDV low circ tokenomics. This led to initially sky high prices but that were completely unsustainable. Now in 2025, the market is savvy to all new coin launches. We've seen the same ponzi multiple times where new projects get billion dollar valuations despite the fact that they have no real business model or revenue stream. The revenue stream is literally selling the token. Market is currently wise to this, and has stopped giving 10 digit valuations to "promising infrastructure". The projects now need to show real utility + revenue to get high valuations. For the time being, the market has stopped falling for the "Shiny New Coin" ponzi. There is growth but it is increasingly concentrated. Bitcoin, Ethereum, Solana, and applications which are actually good business models. A lot of people may be invested in crypto projects that aren't seeing much upside. So they're wondering wtf is going on. Why isn't the bull run hitting them? Well it's because the market has evolved and smartened. The get-rich-quick scheme of launching an infra coin that doesn't actually generate any revenue is currently dying. As it should.

RamoneBolivarSanchez

What trend? It’s down 28% this year and 30% all time. I used to farm on Compound. People still use it but tvl is low as a mf and the token is useless unless you’re a whale playing governance games with emissions. If you want to invest in something at least use it or understand it. If you’re specifically wanting to buy DeFi governance tokens look into projects with leading tvl like AAVE. Very few governance tokens or even defi tokens have good price action or even appealing tokenomics.

Somebody__Online

I pretty much only trade WBTC and ETH with leverage since all other tokens don’t have enough liquidity to facilitate the trade size in doing. I am currently short 35k ETH and 25k BTC with 1x leverage. If I crank up to like 5x that’s a 300k position and there just isn’t enough liquidity on chain outside of bitcoin and ETH to do that without paying a fortune in slippage and price impact. I’ll consider SOL, AAVE, and ARB as trade consulates with $1k or less in collateral.

Miserable_Cap_2265

AAVE had it better

epic_trader

Do you have access to Uniswap and AAVE from your bank? I can see why you don't need BTC, but Ethereum offers a lot with a lot less resistance than traditional finance.

LinoStar69

AAVE too really strong

jlwapple

I've been satisfied with my now 5K in AAVE. I hope there is an alternative season for sure.

trimalcus

AAVE is fine

jlwapple

I've made $1,200 this last month with AAVE, bringing my total investment portfolio to $5,130 atm. I'm a little fish, but haven't needed a stranglehold to profit. This belongs in r/conspiracy.

Over-Advisor-9923

I live AVAX, COSMOS, AAVE. None will be bitcoin level anytime soon but if you have time to research and want a more accessible entry point, they have an appealing value prop in my opinion.

jlwapple

I'm 96% into AAVE right now and just waiting to see what it's going to do.

igoldring

AAVE has been incredibly strong recently 🫣

Simpleput21

Allocate to lower-risk assets. AAVE, when used properly, gives you around 8% APR. Use it, and rotate when the market tells you to. Take 10% of your capital and open a 2.5x leverage trade on HYPE, AAVE, SOL, or Fartcoin (spot). The market will reveal the strongest performers early — they usually run the hardest. Hold until the end of the cycle. Wait and allocate when risk is low. 90% won’t make money — or keep it — because they bet too much at the wrong time. A wise man does in the beginning what a fool does in the end. WAGMI, MrBet

arjum-mandal

Going all in on Bitcoin is seen as safer long term due to its dominance liquidity and institutional trust. However quality altcoins like AAVE LINK and SOL can offer higher returns in bull markets just with higher risk. Diversification still makes sense unless you are fully focused on capital preservation.

CapitalIncome845

I have a bitcoin loan at AAVE. Here's how it works: You deposit BTC or ETH or any other asset they accept. You don't keep your bitcoin - you get an IOU token in return. Then you borrow whatever you want, up to your credit limit. I'm earning a whopping 0.05% on my supplied bitcoin (collateral). I'm borrowing a USD stable coin at 3%. My current LTV is around 30%, and they will permit up to 75%.

Jenn2895

Just dca into Bitcoin, Ethereum & Chainlink. With some small gamble bags of SWFTC, TRAC, ONDO, AAVE & AVAX

jenya_

> sell bonds AAVE is a better variant. Move some wrapped Bitcoin there, borrow stablecoins, there is no step 3.

Brief_Repair9197

Chainlink, xrp, AAVE, cardano

Mattie_Kadlec

I don't take profits, I just use my holdings as collateral and take out loans on AAVE

OtheDreamer

No, of course you wouldn't have read the court docs on the single most important case for crypto. And yeah, I'm intimately familiar with crypto lending. Of the lending platforms, you're better off with NEXO than AAVE any day & the charts show. I'm also telling you all those lending platforms have a long-term problem that you seem to be unaware of.

OtheDreamer

lmao no dude. AAVE is literally another unnecessary crypto that isn't solving any real world problems by its existence. HEX at least doesn't pretend to be that kind of thing. He sold HEX he created himself for ETH? ***where is your chainalysis proof***? Why do you think you have some kind of super secret knowledge that the friggen SEC didn't? All of that has been talked about and is in the court docs you never read. The launch phase, the ETH "recycling", the pulsechain fork, all of it is in the court docs that you never read because you're so smart.

FedePro87

Interesting theory, but a few questions: If AAVE is just a lending protocol, how exactly does borrowing assets there directly impact BTC/ETH price without transferring to a CEX and placing real market orders? Why would Tether "print billions" just to sustain a leverage loop — isn’t that economically suicidal and legally risky under increasing scrutiny? How does issuing new USDT magically stop a price collapse if no one is actually buying with it? Doesn’t market price depend on real demand, not on the existence of potential liquidity?

TroubleInMyMind

I mean I sold LINK at just over 30 and AAVE at 400, DOGE at .35, etc etc. So that's why you're not seeing a lot of excitement yet, alts are still massively down for many.

SergiDD

Choosing just one is difficult, my friend! 😁 I'd stick with a cryptocurrency backed by real-world assets 📊 I recently saw one called $RNT that has a partner with $AAVE 🤯 I found it interesting; it's backed by tokenized real estate, and I heard it's going to be listed on a CEX soon!🚀 Right now, I'm only looking at projects like that! 💯

CryptographerHot4636

What do we AAVE going on here?😉

igoldring

https://www.reddit.com/r/CryptoCurrency/s/ObaC4qU31L AAVE +20% since…. Why was I even downvoted 😭

coinfeeds-bot

tldr; Bitcoin's price surged by $4,000 within 12 hours, reaching $97,600 after a brief correction. This spike coincided with reports of upcoming US-China trade talks, which have historically influenced crypto markets. Altcoins like LTC and HYPE also saw significant gains, contributing to a $70 billion increase in the total crypto market cap, now above $3.1 trillion. Bitcoin's market dominance remains strong at over 62%, while other assets like CRO, AAVE, and DOGE also posted daily gains. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

igoldring

Longed before my exam and came back to ETH at 1.9 and AAVE up 6%….. makes up for the bad grade

Due-Candy-8929

Over the last year XRP is up 264%, SUI 185%, XLM 120%, AAVE 81%, HBAR 44% BTC 41%, ADA 37% - a few doing well, but ETH sentiment is definitely in the gutter! Been buying some while sentiment is so bad though :D

MaximumStudent1839

>People suggest AAVE because of its track record and stability.  Incorrect answer if someone is asking for a good stablecoin yield. If you answer a question disregarding context, it is no different from Bitcoiners' "Bitcoin fixes this" spiel to every question. >Uniswap allows me swap 1000's in value with minimal slippage.  1000s is not big. You can even get minimal slippage for majors in 1000s on ghost town L1 chains' DEXs. The reality is, ppl use Uniswap to swap ETH assets. >By then, the rates will be the same! No, it wouldn't. A lot of ETH protocols' liquidity is supplied by token-holding whales. They are doing it to support their investment. If they got no business in smaller protocols, they wouldn't move their liquidity there. Without the oversupply of liquidity, the rates wouldn't go down. Plus, a lot of protocol businesses don't scale as much. So whales liquidity wouldn't move their stack over there for that reason too. Nevertheless, "just use Aave" is not a sensical answer for nonwhale users a lot of time. Yet Aave token holder keep saying it, just like Bitcoin keep saying "Bitcoin fixes this".

IDGAFOS

Then you're looking in the wrong places. Retail favors speculative bullshit, hype, and gambling over seeking real-world use cases and adoption. There is so much good happening in this space, but unfortunately, money hasn't followed yet. On ETH alone, you have institutions tokenizing assets (stable coins, real estate, stocks etc.), permissionless trading (Uniswap, Whiterock, and more), the ability to borrow and lend money (AAVE), NFTs, GameFi (stil needs work), L2's with vibrant ecosystems... and much more. Saying it's not being used is so ridiculous. It's just shifty projects sucking up liquidity and mindshare.

CunningStunt_1

I don't hold any AAVE. I occasionally suggest "use AAVE". People suggest AAVE because of its track record and stability. Does the protocol even have any bad debt? Rates are secondary in this market when an exploit happens every couple weeks. It is all liquidity. I'm not 'loyal' to Eth. I'm loyal to usefulness. Uniswap allows me swap 1000's in value with minimal slippage. My only concern is MEV, which I counter act with flashbots. If fluid manages a couple years without exploits or accuring large sums of bad debt I will look at moving some stuff over. By then, the rates will be the same!

CunningStunt_1

AAVE is the most used and safest lending platform. Of course it is recommended. I recommend AAVE and I am not part of their 'community'. I am user though. The 'community' using uniswap doesn't use it out of loyalty. It's because it has the deepest liquidity. Same with those others on different chains! 'community' pull the other one. Monthly users in the millions isn't a community.

MaximumStudent1839

Are you serious about the “AAVE community” part? They are the annoying group spamming “ Just use Aave” to answer every type of question, just like “Bitcoin fixes this.” You must be oblivious if you think they don’t exist. wtf do you mean I don’t know Uniswap? My question is rhetorical. The community using Uniswap is the ETH community. As soon as you move out of the ETH L1, its usage gets dropped. For example, on Arbitrum, ppl go for Camelot or Velodrome/Aerodrome on Optimistic Superchain.

jlwapple

AAVE

igoldring

That’s what I’m doing 😭 I’m just using AAVE/BTC as a signal of relative strength against BTC to see if it’s worth it. I’m not longing the ratio itself, just longed this bounce on AAVE from 130. I looked at AAVE/USD, AAVE/BTC, and OTHERS to get some kind of idea of this.

SpontaneousDream

Idk man, good luck to you though. Imo that trade is way too risky. I'd feel much more comfortable longing AAVE/USD

igoldring

…. It obviously will go down against BTC over time, BTC is king. I’m not saying it’s breaking out of the downtrend forever. Just like how AAVE/BTC had a downtrend from late December 2023 to June 2024 and then proceeded to break out of this to gain +100%. It still broke out of this. I’m looking at more of a swing trade opportunity in this case, not a long term breakout.

igoldring

AAVE/BTC ratio looks ready to break out of downtrend, currently sitting at resistance. RSI and MACD already flipped on daily.

MinimalGravitas

There is already about $4 billion BTC wrapped and deposited in the DeFi lending and borrowing platform AAVE. https://aavescan.com/ethereum-v3/wbtc You can just use that if you want, wrapping BTC does involve some centralization risk, but almost certainly less than any of the Bitcoin multisig sidechains.

hosea_they_heysus

Step one, dollar cost average into ETH, WBTC or similar blue chip coins and deposit into AAVE. Step two, during bear markets take USDC loans against your collateral and deposit that into liquidity pools that can increase your collateral assets. Step 3, pay off your loans during the bull market using your liquidity pool income to ensure you're not liquidated. Step 4, repeat step one.

biba8163

> Can bitcoin natively handle Stablecoins As I have explained to mETH Heads, Bitcoin is not competing with Shitcoin Networks. If you still don't get this, you will continue losing money or at best it'll be a massive opportunity cost long term > ETHs value appreciation comes not from utility but like all Alts from capital and liquidity brought by BTC -- see point 1. Also, **in order to compete with other chains, Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains.** BTC on the other hand has no competition. It doesn't have to scale, it doesn't have to become cheap, it doesn't have to keep advancing, it doesn't have to keep up with the competition because there is no competition. > *All this points are illustrated with ETH value is already being less than 1/3 BTC value from the summer of 2017 and continuing to trend lower over time. A short time frame of possible ETH out-performance if/when BTC goes on a big bullrun will draw short-sighted fools and their money who will over time watch with despair the falling ratio just as /r/ethfinance is doing so today.* https://np.reddit.com/r/ethfinance/comments/1f9ef5k/daily_general_discussion_september_5_2024/llmkgtm/ > Defi DeFI, TVL, etc are all scam narratives. It's not Decentralized. It's not finance. - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.

biba8163

> my environmental concerns Because you are repeating some narrative from 2016 saying "destroys the environment" without articulating anything. Most of BTC mining is powered by clean renewable energy today and trending more to that. It's actually helps bring demand to transition to renewable energy, stablizes the grid, reduces the need for gas peaker plants, etc. > Also ETH via UNI and AAVE allows people from countries with no access to dollars to not only hold dollars via stablecoins TRON dominates Stablecoin usage in developing countries and as I've said many times, rails for stablecoins is the killer use case for these competing networks which will have to remain cheap. > Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains https://np.reddit.com/r/ethfinance/comments/1f9ef5k/daily_general_discussion_september_5_2024/llmkgtm/ > ETH’s dapps are decentralized...Via governance, you know, the only buzz word you chose to not include in your rant. Decentralized Governance is a scam. I've called this centralized governance bullshit scam out many times, 5 years ago, 3 years ago, etc. > One man, Rune Christensen controls the system, interest, fees, voting, etc. There are ELEVEN addresses that accounted for 98% of the voting for the protocol change for an "executive vote" used USDC. Eleven addresses control the entire protocol and a protocol change was voted in just...what 24 hrs? And most of those addresses are probably owned by a handful of people. On what planet is that decentralized? https://np.reddit.com/r/CryptoCurrency/comments/fl68d4/crypto_collateralized_stable_coins_have_proven/fkxc40i/ > AGP42 : Put differently: aside from one whale, AGP42 passes. The Aragon community overall voted for AGP42, but it was rejected with 69% of the vote because of one whale. > AGP37: 82% in favor of AGP37. 453k to 99k. But then the whale voted. So despite 83% of addresses voting in favor of AGP37, on the surface it appears to be a large defeat where 66% vote against. > AGP-35:: Here’s another case in point: Edgeware Lockdrop Proposal for Aragon..The 792k whale voted for this. Deduct the whale’s votes and you get 338k. Which means that this proposal was losing by about 15% at ~43% versus ~57% pre-whale. Then the vote went from losing decisively to winning by a massive landslide. So aside from the whale, the Aragon community voted against Edgeware lock drop participation https://np.reddit.com/r/CryptoCurrency/comments/16qpy14/comment/k1zmjv5/

TrueDreamchaser

Lol did nothing to address my environmental concerns Also ETH via UNI and AAVE allows people from countries with no access to dollars to not only hold dollars via stablecoins but also earn interest on them. This combats the issue of high inflation in many countries. A real use case. ETH’s dapps are decentralized. Each modification is written in GitHub (or something similar) by community members and voted on by holders. Via governance, you know, the only buzz word you chose to not include in your rant. Also I never said I was an ETH maxi, I even opened the door to alternatives. The fact you failed to address bitcoin’s environmental concerns and deflected tells me CLEARLY what maxi you are though.

biba8163

> None of this matters when Bitcoin has 0 dapps Are the Ethereum dApps in the room with us? There is NOT one SINGLE dApp on Ethereum that every day people need or can use. 8 years ago, Ethereum hype was shilling about Decentralized Autonomous Organizations (DAO) replacing corporations, creating decentralized Uber, Facebook, YouTube, Twitter, etc 8 years later, there is nothing like this exists and there is no indication that this is being built or will be built. Just VCs and Foundations dumping worthless money grab tokens. The only thing that has been built is Shitcoin Casinos like AAVE where you can do leverage plays, trade shitcoin tokens, earn yield farming shitcoins tokens, provide liquidity on shitcoin tokens and call this Shitcoin Casino DeFi although there is not single gwei of Finance and all the players like AAVE, MakerDAO, LINK are completely centralized. > "Decentralized Autonomous Organization" and theres a strong possibility that DAOs replace a lot of the world's biggest corporations...et's take a company like Uber. Uber is a platform that brings people who need rides together with people who have cars. To facilitate this interaction, Uber collects 20% of every ride. With Ethereum and blockchain technology, there is nothing to prevent a bunch of software developers from writing a dApp that creates a decentralized Uber. Instead of 20% per ride, transaction fees are paid to the network and the driver takes home the lions share of the transaction..theres a strong possibility that DAOs replace a lot of the world's biggest corporations. (from 2017) https://np.reddit.com/r/ethereum/comments/7jj1so/rethereum_i_wrote_this_to_explain_ethereum_in/ > Bitcoin...destroys the environment ETH Maxi shift in narrative from *"ETH will flip BTC"* to *"Don't invest in BTC it'll destroy the environment and its future security mechanism is doomed to fail"* COPE

biba8163

> None of this matters when Bitcoin has 0 dapps Are the Ethereum dApps in the room with us? There is NOT one SINGLE dApp on Ethereum that every day people need or can use. 8 years ago, Ethereum hype was shilling about Decentralized Autonomous Organizations (DAO) replacing corporations, creating decentralized Uber, Facebook, YouTube, Twitter, etc and Coinbase CEO Brian Armstrong kept tweeting all these apps that people would use every day would be decentralized. 8 years later, there is nothing like this exists and there is no indication that this is being built or will be built. Just VCs and Foundations dumping worthless money grab tokens. The only thing that has been built is Shitcoin Casinos like AAVE where you can do leverage plays, trade shitcoin tokens, earn yield farming shitcoins tokens, provide liquidity on shitcoin tokens and call this Shitcoin Casino DeFi although there is not single gwei of Finance and all the players like AAVE, MakerDAO, LINK are completely centralized. > I think most or many user generated content apps on the web today (stack overflow, YouTube, Facebook, Reddit, quora, github etc) will all get rebuilt on the decentralized web and every upvote/like/star/follower/etc will send real money to the creator of the content (from January 2018 Coinbase CEO Brian Armstrong after shilling BAT, ZRX, etc where investors have lost most their money) https://gist.github.com/travisbrown/ef999d98e9f79c05221bebb36563e3ec > "Decentralized Autonomous Organization" and theres a strong possibility that DAOs replace a lot of the world's biggest corporations...et's take a company like Uber. Uber is a platform that brings people who need rides together with people who have cars. To facilitate this interaction, Uber collects 20% of every ride. With Ethereum and blockchain technology, there is nothing to prevent a bunch of software developers from writing a dApp that creates a decentralized Uber. Instead of 20% per ride, transaction fees are paid to the network and the driver takes home the lions share of the transaction..theres a strong possibility that DAOs replace a lot of the world's biggest corporations. (from 2017) https://np.reddit.com/r/ethereum/comments/7jj1so/rethereum_i_wrote_this_to_explain_ethereum_in/ > Bitcoin...destroys the environment ETH Maxi shift in narrative from *"ETH will flip BTC"* to *"Don't invest in BTC it'll destroy the environment and its future security mechanism is doomed to fail"* COPE

biba8163

> TVL in all smart contracts is estimated to be at $29B currently Educate yourself. TVL is a scam metric to make gullible fools believe real capital is locked up instead of vaporware scam tokens. Reminder that DeFI, TVL, etc is all a scam narrative - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.

igoldring

SUI’s volume is nearing that of SOL despite being 15% of its market cap so I’m not going to tell you to not buy it, rather to solely pick one of these L1s. I like AAVE because I use it, but also they have a buyback program through the DAO + nearly 20 billion in TVL. You could add HYPE for this same reason as their volume and fees generated are insane (at least 170B volume in each March and April) + (300M YTD fees). CRV because I’m bullish on stablecoin usage and I’m a fan of their infrastructure and liquidity pools for this. I do like AVAX but just confused on its placement among L1s for now. TAO has been extremely good to trade but I don’t hold any (yet). Finally CPOOL + M87 (I like their p2p platform).

igoldring

I don’t understand why YFI is 1/5th of your portfolio. I’d cut that and throw it in ETH, LINK, or AAVE. Would also add CRV, TRAC, or XMR.

JohnBITbigcoin

Bitcoin already has a know. fork to protect and make it quantum proof do yes it will and also it is upgradable as new threats come available. Where the wealth is is where the network will be & bitcoin has too much riding on its back already, I kniw most ogs like me dont agree but I have been in xrp since a dime and enjoying my 23-36x so where so many banks use and now defi is live on it i di believe the coins will be as follows. BITCOIN Ethereum Xrp Solana LINK SUI ENS *( 30 YRS) UNI,AAVE,COMP DEFI LP / YIELD BNB i believe after a crazy dip when it becomes more decentralized will still be around & kinda took over where neo fell I do believe that we need a couple strong privacy coins & lite coins could take this niche

biba8163

Reminder ETH moves because it's a shitcoin casino with leveraged buys. Pretty much like LUNA. When the shit hits the fan, it's cascading liquidations in your face. I've been warning people about this... > Ethereum is a gambling shitcoin casino and a ton of its value is a mirage derived from stacking on-chain leverage in places like AAVE, Maker, etc. and when the shit hits the fan, you can have cascading ETH liquidations to reveal the ugly shitcoinery lying underneath https://np.reddit.com/r/CryptoCurrency/comments/1igbo84/daily_crypto_discussion_february_3_2025_gmt0/maodhx3/ ...mETH Heads are just starting to discover this. > The absurdity of meme coins like BTC and XRP, and their apparent "market caps" are borne out by their own lack of volume. In the past hour ETH cex liquidations are the same as BTC (x8 mcap), and exceed XRP by a staggering 88x (lol). Just goes to show what a meaningless metric mcap is. > *"That also can mean most ETH buy is on leverage, not spot if it is so easy to fall"* https://np.reddit.com/r/ethereum/comments/1k46i01/daily_general_discussion_april_21_2025/mocyfhr/

anotherfroggyevening

Thoughts on AAVE?

g2kone

I mean, there are many use cases ? You guys never really used eth I guess. Simple example, I wanna buy a new car, I go on AAVE, I put some wBTC or wstETH in collateral, I borrow USDT and I can buy it. I’m still generating interests on my ETH (or my collateral) while being able to borrow usd.

titain19

Check out AAVE. Highly recommended. But it's not BTC native.

jlwapple

Not much of a plan here. I am holding 2k in AAVE & waiting for it to double. 😀

biba8163

> defi is crypto Let me remind the gullible that Trading Shitcoins is NOT finance. DeFi is a bullshit scam narrative from the Summer of 2020. It's not neither decentralized and it's not fiance. DeFi is ScamFi: - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens. > almost everything in the Top 20 tokens is a defi/smart contract related token And the entire Alt Marketcap is down -50% since 2021. BTC and Stablecoin marketcaps are the 2 assets growing long term. If these pump and dump scamcoins were actually providing any "Decentralized Finance" value and services that people could use, they would not losing value year after year. Hell, ETH's value is at January 2018 levels and ADA's value is below December 2017 level. - BTC marketcap has grown 35% since 2021 (close to 1/2 Trillion in growth) - Stablecoin marketcap has grown 120% since 2021 (over $120 Billion in growth) - Excluding BTC/Stablecoins markecap has shrunk -50% since 2021 | | 2021 | 2025 | Δ |:-----------|------------:|:------------:|------------:| | BTC | $1.23 Trillion| $1.67 Trillion | 35.77% | Stablecoins | $0.11 Trillion| $0.24 Trillion | 118.18% | Ex.BTC/Stablecoins | $1.52 Trillion| $0.71 Trillion | -50.90% | Total Crypto | $2.86 Trillion| $2.67 Trillion | -6.64%

Consistent-Set-913

Me personally I post wrapped bitcoin. AAVE is eth based and I’m a btc maxi I post my collateral let’s say $10,000 worth of WBTC I am then able to borrow up to 70% of the value. I borrow tether (4-6% variable depending on network usage, I’ve seen as high as 12%) Then right on my metamask I convert my tether to more WBTC and post that as more collateral. So say I borrow $5000 tether and convert to WBTC I post back as collateral. Now I have $15,000 collateral posted and owe $5000. You never have to make a payment and only requirement is you keep your health factor above a 1.0 The more collateral you have the bigger your health factor. Let’s say just to make this easier to grasp, that btc price doubles in a year. I owe $5000+$250 interest and my stack has now grown to $30,000 I pay off the debt and sit on $24,750. My gain was $4,750 in borrowed leverage. Now do your own research and play it safe, I’m sure you’ve year of people getting liquidated cuz they take on too much debt. Be smart don’t be a degenerate.

Consistent-Set-913

Ever heard of lending? If you have 10k in crypto use as collateral on AAVE and borrow whatever stables you need and then into cash. This way you keep your coins and borrow the money at low interest.

Mindless_Ad_9792

basically every chain that matters apart from Solana uses ERC-20 tokens and AAVE is still the biggest DeFi platform in crypto, but oh do please show me the chart of on-chain volume on BTC since 2021, thats a steeper falling graph.

Odd_Solution_1340

I mean it’s probably frowned upon, it’s up to your risk tolerance. But you can utilize a platform like AAVE lend your btc and take a collateral loan out against it to farm with other coins. I have a small loop the Apr on the borrow is ~2% but the stable coins I took collateral on are in a farm earning ~20% Apr, I pay back the collateral loan and take profits. There is risk of liquidation, however as long as you manage it it’s not and at all. Just an option, I would still just throw it on a cold wallet. Just wanted to share another avenue.

Onebadosteopathswag

Is everything ethereum based cooked? Ethereum is down the gutter, and with that there goes chainlink and AAVE.

biba8163

You seem upset because you fell for ETH memes. May I remind you that ETH is at January 2018 levels? It's kind of hilarious you were making fun of EOS being at 2018 levels in 2020 but it's 2025 and ETH is at January 2018 levels. > May I remind you EOS is still at December 18 levels? It kinda sounds hilarious https://np.reddit.com/r/eos/comments/iytvmp/aw_look_at_little_eos_just_being_eos_so_cute/g6iyizi/ Looks like you fell for the DeFI meme... > Ethereum and Eth-based DEFI projects will explode guys. Finance 1.0 is over. (2020) https://np.reddit.com/r/collapse/comments/ha0ccw/us_dollar_what_do_you_think_will_be_breaking_point/fv089ex/ Let me remind you that Trading Shitcoin tokens is NOT finance. DeFi is a bullshit scam narrative from the Summer of 2020. It's not neither decentralized and it's not fiance. DeFi is ScamFi: - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.

igoldring

You can use AAVE to just wrap the btc then borrow USDC and the rate is like 4%….. no need to overpay here for convenience

biba8163

> I will just follow the smart money Trump smart? No. Conman and scammer? Yes! You weren't paying attention to many warnings... > Reminder that the Dumbest Man on the Planet is buying ETH. > With Casinos, they say the house always wins. Donald Trump has bankrupted 6 casinos. > Trump once bought an airline that was profitable for 10 years and bankrupted it within 1 year. https://np.reddit.com/r/CryptoCurrency/comments/1igbo84/daily_crypto_discussion_february_3_2025_gmt0/maqnu8r/ ...and you don't seem to have a clue... > Did you mean President Trump? He has been investing in crypto through the Trump-Linked DeFi Platform—World Liberty Financial, which bought $100M in Crypto Tokens on Inauguration Day https://np.reddit.com/r/ethtrader/comments/1ixr41l/is_the_bloodbath_over_or_just_started/mep6mxv/ > ######Trump Family to Build Businesses on Ethereum, Lubin Says ‘World Liberty Financial Is 100% Ethereum (January 22) > (WLFI) It's dogshit, founded by scammers, run by scammers and Trump and his family haven't put any of their money in crypto but are running a grift to collect as much money from fools as they can. ETH investors are cheering them on. > - WLFI is run Chase Herro Zachary Folkman who previously ranDough Finance a fork of AAVE that was hacked for $1.8M in July 2024 and went bankrupt. > - Justin Sun is the biggest investor of WLFI. He's purchased $75 Million of WLFI. > - The Trumps have not put any of their money in crypto. They are collecting money including ETH, USDT, USDC, etc by selling WLFI tokens and also memecoins > - The goal of of this project supposedly is to *"Make crypto and America great by driving the mass adoption of stablecoins and decentralized finance."* https://np.reddit.com/r/CryptoCurrency/comments/1i7pfbq/trump_family_to_build_businesses_on_ethereum/m8nnlyf/

biba8163

> I will just follow the smart money Trump smart? No. Dumb, scammer, grifter, grapist, yes! You weren't paying attention to many warnings... > Reminder that the Dumbest Man on the Planet is buying ETH. > With Casinos, they say the house always wins. Donald Trump has bankrupted 6 casinos. > Trump once bought an airline that was profitable for 10 years and bankrupted it within 1 year. https://np.reddit.com/r/CryptoCurrency/comments/1igbo84/daily_crypto_discussion_february_3_2025_gmt0/maqnu8r/ ...and you don't seem to have a clue... > Did you mean President Trump? He has been investing in crypto through the Trump-Linked DeFi Platform—World Liberty Financial, which bought $100M in Crypto Tokens on Inauguration Day https://np.reddit.com/r/ethtrader/comments/1ixr41l/is_the_bloodbath_over_or_just_started/mep6mxv/ > ######Trump Family to Build Businesses on Ethereum, Lubin Says ‘World Liberty Financial Is 100% Ethereum (January 22) > (WLFI) It's dogshit, founded by scammers, run by scammers and Trump and his family haven't put any of their money in crypto but are running a grift to collect as much money from fools as they can. ETH investors are cheering them on. > - WLFI is run Chase Herro Zachary Folkman who previously ranDough Finance a fork of AAVE that was hacked for $1.8M in July 2024 and went bankrupt. > - Justin Sun is the biggest investor of WLFI. He's purchased $75 Million of WLFI. > - The Trumps have not put any of their money in crypto. They are collecting money including ETH, USDT, USDC, etc by selling WLFI tokens and also memecoins > - The goal of of this project supposedly is to *"Make crypto and America great by driving the mass adoption of stablecoins and decentralized finance."* https://np.reddit.com/r/CryptoCurrency/comments/1i7pfbq/trump_family_to_build_businesses_on_ethereum/m8nnlyf/

mabradshaw02

I bought Lend, put 2k in it, then was down to like 50 bucks, so I said, f that, not gonna cash out, didn't check it for years. Then I looked at it and it was up to about 8k, cashed out, didn't care why or where, was thrilled. Then it turned into AAVE and kept going up, i'd probably be at 20k now. But oh well, i was idiot happy. made $$.. that's all that matters. all my "Smart trades" barely make $ or I lose out..

biba8163

> We have seen institutions, banks, governments, corporates getting into the crypto and blockchain world. They are investing in Bitcoin not shitcoins. > Whatever happens on a daily, weekly, or even monthly basis is irrelevant. Right look at long term, only BTC/Stablecoins are adoption and marketcaps are increasing. Shitcoins marketcaps and value have been shrinking and shrunk in half in 4 years. Hell, ETH is at January 2018 prices, XRP, ADA are at December 2017 prices. - BTC and Stablecoins are the only assets that are growing long term - Excluding BTC/Stablecoins the marketcaps of crypto has now gone down more than -53% - Even Memecoins which get blamed for taking away liquidity have shrunk in marketcap - Number of Alts sharing that shrinking marketcap has gone from 5,000 to over 1+ Million | | 2021 | 2025 | Δ |:-----------|------------:|:------------:|------------:| | BTC | $1.23 Trillion| $1.62 Trillion | 32% | Stablecoins | $0.11 Trillion| $0.24 Trillion | 118% | Memecoins | $0.066 Trillion| $0.048 Trillion | -27% | Ex.BTC/Stables/Memes | $1.45 Trillion| $0.752 Trillion | -53% | Total Crypto | $2.86 Trillion| $2.6 Trillion | -9% > AI SCAM SCAM SCAM for gullible technically illiterate crypto bros. Educate yourself. > - Google, Amazon, Microsoft and Facebook are spending between $30 to $50 Billion per year on AI and all losing money on it. They are saying that it's an arms race they are forced into but they have no idea where the returns are going to come from. > - OpenAI makes like $4.5 Billion off subscription fees and it's losing billions of dollars a year and they could face bankruptcy in 12 months. > The idea that shitcoins that collect money from selling tokens will create any sort of viable AI product product is an idea that only people in the crypto space would be gullible enough to believe. https://np.reddit.com/r/CryptoCurrency/comments/1fcnakr/singularitynet_fetchai_and_ocean_protocol_launch/lmabhy3/ > Decentralized Compute, Storage, Cloud, AI are all scams. These kind of bullshit hype scams have been around since 2017 with SIA, Golem, etc. These are vaporware and/or not feasible/efficient to compete with public cloud solutions providers who invest billions per year into infrastructure and R&D. https://np.reddit.com/r/CryptoCurrency/comments/1dron6t/daily_crypto_discussion_june_30_2024_gmt0/layo7nb/ > RWA Bullshit scam narrative. Stablecoin usage and putting some treasuries for niche use cases on public blockchains for which have to remain cheap to compete with each other isn't going to push a shitcoin token's price up. Educate yourself. - Stablecoins which make up 97% of RWA have gone up 120% in marketcap while ETH has gone down -70% since 2021. - Since March 2024, ETH scammers started shilling BlackRock BUIDL, Soneium, RWA memes and ETH is down -60% since then. https://np.reddit.com/r/CryptoCurrency/comments/1bkm1u1/blackrock_unveils_crypto_fund_first_with_5/ > DeFI DeFi is a bullshit scam narrative from the Summer of 2020. Educate yourself: - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are NO real life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc. Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.

96933287275978

Look into DeFi maybe, AAVE for example.

Educational_Basis_51

LINK and AAVE are stressless longterm bag

jlwapple

I wonder if that would pump up AAVE since it's ETH based.

throwawayaccc80

AAVE

biba8163

> Without Defi you are relying on centralised exchanges exclusively. Your understanding of Finance is weak. Shitcoin trading is NOT finance. > I currently have access to a 2%-3% interest rate on AAVE thru my crypto investments. It is quite literally the lowest cost credit I have access to. Hell my mortgage is a massively collateralised position with a 6%-7% interest rate. Taking out loans using shitcoin tokens which typically drop -75% to -95% as collateral is finance. You cannot get a mortgage through the DeFI meme. You cannot get any real world financial products through bullshit DeFi memes. > But congratulations you are smarter than both SWIFT and DTCC who are actively backing oracles and a unified golden record thru Chainlink ChainLink is a scam: All it does is centralized shitcoin price feeds for shitcoin casinos. Once in a while they'll do some pilot partnership memes and create lots of hype luring more gullible noobs. LINK for the past few years has been shilling some pilot where Swift messages can be sent to multiple blockchains and the transactions are acknowledged. These pilots that no financial institutions use and no institutions pay for LINK to justify a meme token d dump like LINK a $10 Billion marketcap - How many hundreds of millions of revenue does ChainLink collect from financial institutions?! ZERO - How many hundreds of millions of investment does ChainLink get from financial institutions?! ZERO - Where does ChainLink get all their money to do these useless pilot programs that are solutions looking for a problem?! BAGHOLDERS And Bagholders are acting like Swift is some huge multi-national trillion dollar marketcap company. Swift is a bank messaging platform run by a Cooperative of 3,000 employees. Chainlink is a typical crypto scam like many that partnered with traditional real world companies to shill their tokens for fictional vaporware use cases. The only source of revenue has been 300 Million tokens dumped on bagholders since 2020 and the price is down -30% in 5 years.

nitrozing

Decentralisation of DAO’s is a legitimate concern. Your understanding of Defi and oracles though is very weak. Without Defi you are relying on centralised exchanges exclusively. Without Defi your options are to be a buyer or seller. You can never act as the market organising and profiting from swaps of buyers and sellers. The ability to organise trades and profit from the service through liquidity pools is quite literally a financial service by definition, yelling in caps doesn’t change the definition mate. I currently have access to a 2%-3% interest rate on AAVE thru my crypto investments. It is quite literally the lowest cost credit I have access to. Hell my mortgage is a massively collateralised position with a 6%-7% interest rate. Accessing cheap credit through collateralised positions is another financial service by definition which is possible right now. IDC to explain oracles to you anyway. If you can’t understand the use case of Defi which relies on oracles for timely information you’ll never realise the use of oracles. But congratulations you are smarter than both SWIFT and DTCC who are actively backing oracles and a unified golden record thru Chainlink. Stick to your guns though, I’ll stick to mine. Good luck!

biba8163

> NFTs and baked beans, some stupid shit there. The Heart of all these Scams are Ethereum narratives to try to manufacture fictional imagined use cases Ethereum **DAOs (Decentralized Autonomous Organizations)** A decentralized organization/company that is governed by its stakeholders with no chain of command or any one person in charge, everyone has a say in governance of the organization by means of direct voting power proportional to their stake in it. It is autonomous because humans are not responsible for the executive function of the organization. The smart contracts does everything automatically. Stakeholders can vote to change the behavior of the contracts or vote to bypass/change it entirely, but the smart contracts are organization. In reality, Decentralization and Governance memes and the whales control nearly everything by printing tokens for themselves and dumping on gullible retail investors. Even the most celebrated Ethereum DAOs are token dump scams. I posted this about MakerDAO 5 years ago: > One man, Rune Christensen controls the system, interest, fees, voting, etc. There are ELEVEN addresses that accounted for 98% of the voting for the protocol change for an "executive vote" used USDC. Eleven addresses control the entire protocol and a protocol change was voted in just...what 24 hrs? And most of those addresses are probably owned by a handful of people. On what planet is that decentralized? https://np.reddit.com/r/CryptoCurrency/comments/fl68d4/crypto_collateralized_stable_coins_have_proven/fkxc40i/ And people have posted the same crap about other DAOs whale controls everything like in Aragon another celebrated Ethereum DAO: > AGP42 : Put differently: aside from one whale, AGP42 passes. The Aragon community overall voted for AGP42, but it was rejected with 69% of the vote because of one whale. > AGP37: 82% in favor of AGP37. 453k to 99k. But then the whale voted. So despite 83% of addresses voting in favor of AGP37, on the surface it appears to be a large defeat where 66% vote against. > AGP-35:: Here’s another case in point: Edgeware Lockdrop Proposal for Aragon..The 792k whale voted for this. Deduct the whale’s votes and you get 338k. Which means that this proposal was losing by about 15% at ~43% versus ~57% pre-whale. Then the vote went from losing decisively to winning by a massive landslide. So aside from the whale, the Aragon community voted against Edgeware lock drop participation https://evanvanness.com/post/184616403861/aragon-vote-shows-the-perils-of-onchain-governance **DeFi (Decentralized Finance)** Defi is a bullshit scam narrative from the Summer of 2020 - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are NO real life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc. Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens. **Oracles** I will just present you with the words of a vaporware meme scammer with a degree in philosophy, no technical background, no background in finance, hasn't held a real job his whole life and has no real world experience in anything. But this Scammer is building magical oracles that will have Data Containers containing an Unified Golden Record will know within seconds everything that's happening Off-Chain in the Real World!!! Listen to the scammer Sergey Nazarov : > "What is the status of the real estate? Are there any tax liens? Is there any debt? Change of ownership? As the status of the real world asset changes, you should have a real world update to the on-chain token....You go from not a 1-month window of verifying an asset but to a few seconds window....The way to do that is to make a connection to what's going on in the real world and what's On-Chain by creating an Unified Golden Record"* https://np.reddit.com/r/CryptoCurrency/comments/1jlb8bb/chainlink_is_now_working_with_the_federal/mk2t3ac/

nugymmer

Not all alts, but 99.9% of them, yes, they are reliant on retail. But the other 0.1% have a promising future. Eg. likely ETH and LINK have a promising future, as does HBAR. AAVE is another one that might be promising as far as tokenization goes. There are a small, very small number of alts that are poised to do well. But even then you cannot guarantee anything. Nobody can even claim a guarantee. That's why it's risky to hold crypto, but the rewards might end up being huge if you picked the right ones. Keep stacking BTC though, don't let that one get away. DCA as much as you can each month.

ShivaDestroyerofLies

Yeah. Trump announced a strategic reserve and coins pumped because idiots thought that the US government was going to yolo a bunch of shitcoins to the moon. Why would the US government do that? The crypto reserve was given guidance to find ways to expand without taxes. Likely this will mean keeping a percentage of seized crypto, YieldNodes farming, and DeFi lending like World Liberty Fi’s AAVE lending. Anyone who FOMO’d in without a plan or basis is going to get crushed. Focus on the coins you believe have real utility and a future. After all it’s possible we may be in accumulation mode for the next few years. I just looked and Eric Trump said that in his opinion Feb 3rd was a good time to buy ETH and I agree. Buying during major dips is ideal, anyone who bought between them and now should see pretty substantial returns when ETH goes back up. I recommend not confusing Eric with his father though… two different people. I still don’t know why you are mentioning Saylor, the man is going to shill BTC constantly. His entire business model is based on hoping that prove can outrun his interest. He isn’t DJT though.

coinfeeds-bot

tldr; An Ethereum wallet dormant since 2017 sold its remaining 5,001 ETH, earning $8.66 million in profit. The wallet originally purchased the ETH for $1.38 million when the price was $277. Despite holding through multiple bull runs, including ETH's all-time high of $4,878 in November 2021, the wallet sold 3,000 ETH in March and the remaining 2,001 ETH recently. Ethereum is currently trading at $1,882. Additionally, crypto whales have been selling Aave (AAVE), with notable deposits to FalconX and OKX at losses. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Phine420

Put into AAVE and borrow against if u need the money

CunningStunt_1

Protect.flashbots Will get a rebate on your Eth lost to MEV/front running. Similar product that chainlink just released with AAVE for MEV reclaim from liquidations. I do find front running less an issue on L2s. Assuming you are trading on Eth?

biba8163

> Imagine a system where traders don't have to worry about centralized risks or off-chain dependencies since asset management, brokerage, and liquidity all work together smoothly across blockchains. Trading Shitcoin tokens is NOT finance. DeFi is a bullshit scam narrative from the Summer of 2020. It's not neither decentralized and it's not fiance. DeFi is ScamFi: - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens. Stop getting scammed thinking DeFi, Web3 and all these memes are real.

biba8163

DeFi is a bullshit scam narrative from the Summer of 2020. DeFi is ScamFi: - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are NO real life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc. Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.

Mattie_Kadlec

FWIW it is nothing like Luna. You can mint the stablecoin using assets like ETH, TON, Polygon and many others as collateral, instead of using a crypto issued by Falcon. It is more similar to AAVE or some other lending protocol tbh

Known_Click

AAVE just gives an 3-4% for USDC which its pretty low imo