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Reddit Posts

r/CryptoCurrencySee Post

What's Algorand been up to in the Bear Market? FUD Fighters....

r/CryptoMoonShotsSee Post

DogeZilla Meets Solana. Now Live!

r/CryptoMoonShotsSee Post

Five solana memecoin projects with great potential

r/SatoshiStreetBetsSee Post

Scallop SCLP Neobank BAAS provider, real micro cap gem with huge potential for 2024

r/CryptoMoonShotsSee Post

Scallop SCLP Neobank BAAS provider, real micro cap gem with huge potential for 2024

r/CryptoCurrencySee Post

Crypto Bounty Hunting - Chasing the Tron Scammers

r/CryptoCurrencySee Post

$INJ - My experience while TRYING to use a top 25 project with 3bn valuation (scuffed)

r/CryptoCurrencySee Post

Value of bitcoin

r/BitcoinSee Post

Value of bitcoin

r/BitcoinSee Post

Bitcoin scam question

r/CryptoCurrencySee Post

Leveraged DEFI not on Ethereum for lower transaction fees.

r/CryptoCurrencySee Post

History Lesson: the Podcast that led to the downfall of SBF

r/SatoshiStreetBetsSee Post

Gaming, RWA, and DEXs: Navigating Crypto Success by Following Warren Buffet's Circle of Competence.

r/CryptoCurrencySee Post

How to see ALL arbitrum uniswap pools so i can invest on them?

r/CryptoMoonShotsSee Post

I believe trading terminals are the next big narrative

r/BitcoinSee Post

Anyone familiar with these ETFs: BITX, BITC, DEFI, MAXI?

r/CryptoMoonShotsSee Post

X Project Unveils the Features of Its Trading Bot: X-Shot

r/CryptoMoonShotsSee Post

Arsenal 2.0 is gearing up for a new tournament | Thousands of Gamers | Thousands in Prizes

r/CryptoMoonShotsSee Post

$WELT is a token with utility | Fabwelt Studios is raising funds with equity | Big plans | Sustainable Future | Top blockchain games 2022 awarded

r/CryptoMoonShotsSee Post

A gaming studios with ultimate utlities for its token $WELT | Gaming is fun with Fabwelt | Arsenal, H2O, Fanwelt and many more games | Founded 2020

r/CryptoMoonShotsSee Post

Arsenal 2.0 | WalletConnect 2.0 | Clan System | Play now: Arsenal Website and Download

r/CryptoMoonShotsSee Post

Arsenal 2.0: Rise of the NFT Warriors - From the makers of Fabwelt Studios

r/CryptoMoonShotsSee Post

Fabwelt Studios 2nd Anniversary is coming up in November | Arsenal 2.0 is coming in November | Fanwelt is coming in November | GameFi will have a new story to tell

r/CryptoMoonShotsSee Post

Arsenal 2.0 | 70 Launchpads involved | Organized by Fabwelt Studios | Daily Missions!

r/CryptoMoonShotsSee Post

Arsenal 2.0 is gearing up for a new tournament | Thousands of Gamers | Thousands in Prizes

r/CryptoMoonShotsSee Post

Fabwelt Studios - The Gaming Gaints, to be front runner in developing a multi gaming ecosystem on blockchain with 4 game!

r/CryptoMoonShotsSee Post

Arsenal 2.0 | Top trending game - H2O | A Strong roadmap | Since 3 years climbing up.

r/CryptoMoonShotsSee Post

Arsenal 2.0: Rise of the NFT Warriors - From the makers of Fabwelt Studios

r/CryptoMoonShotsSee Post

What does Fabwelt Studios have as a gaming giant? | Top rated blockchain games - Arsenal and Fanwelt (playtoearn 2022) |

r/CryptoMoonShotsSee Post

Fabwelt Studios - The Gaming Gaints, to be front runner in developing a multi gaming ecosystem on blockchain with 4 game releases by 2023 end.

r/CryptoMoonShotsSee Post

Arsenal 2.0: Rise of the NFT Warriors - From the makers of Fabwelt Studios

r/CryptoMoonShotsSee Post

Fabwelt Studios is launching Arsenal 2.0. Awarded best game on Polygon | Top 10 Blockchain game in 2022

r/CryptoCurrencySee Post

Potential Security Loophole for all cryptocurrency.

r/CryptoMoonShotsSee Post

The Revolutionary Arsenal 2.0: Elevating Your Gaming Experience | Founded 2020

r/CryptoMoonShotsSee Post

Arsenal 2.0: Rise of the NFT Warriors - From the makers of Fabwelt Studios

r/CryptoCurrencySee Post

Deel, a payment service provider, recently cut off all payments with prop firms. A bull case for crypto.

r/BitcoinSee Post

It wasn't today, but it's only a matter of time...

r/CryptoCurrenciesSee Post

Metaverse Clone Script: Launch Your Metaverse-Based NFT Marketplace and Crypto Projects

r/CryptoCurrencySee Post

This is how manipulating trust can lead to 2.35 billion dollars in assets

r/CryptoMoonShotsSee Post

Fabwelt Studios | 3 years | Now Fabwelt is looking for another chapter | The next leg up for upcoming bull run | Take your time and follow Fabwelt | Founded in 2020

r/CryptoMoonShotsSee Post

The Story of Fabwelt Studios | 3 years | Now Fabwelt is looking for another chapter | The next leg up for upcoming bull run | Take your time and follow Fabwelt | Founded 2020

r/CryptoCurrencySee Post

Three Ways to Help Practice Safe Hot Wallet.

r/CryptoCurrencySee Post

Chromebook or another device good for DEFI?

r/SatoshiStreetBetsSee Post

Fabwelt Studios has unveiled Arsenal 2.0 and introduced a groundbreaking marketplace and DeFi portal, in addition to the highly awaited Fanwelt Game. Their success story continues since 2020

r/SatoshiStreetBetsSee Post

Fabwelt Studios has unveiled Arsenal 2.0 and introduced a groundbreaking marketplace and DeFi portal, in addition to the highly awaited Fanwelt Game. Their success story continues since 2020

r/CryptoMoonShotsSee Post

Fabwelt Studios has unveiled Arsenal 2.0 and introduced a groundbreaking marketplace and DeFi portal, in addition to the highly awaited Fanwelt Game. Their success story continues since 2020

r/CryptoMoonShotsSee Post

Fabwelt Studios Dominates Q4 2023: The Premier Blockchain Gaming Powerhouse with Four Fully Playable Games and a Proprietary Gaming Blockchain in the Works - Exclusive Interview with the Founding Team!

r/CryptoCurrencySee Post

How SQUID left 40,000 investors in tears – lesson to be learned - don't get SQUID-stracted in this crypto sea!

r/CryptoMoonShotsSee Post

Fabwelt Studios entering into Q4 2023, becoming the largest gaming company on blockchain with multi-gaming ecosystem under development. Four games, fully playable by 2023 | Start development of own gaming blockchain. Read this exclusive Interview by Fabwelt Founding team. Founded 2020

r/CryptoMoonShotsSee Post

Fabwelt is the largest gaming company on blockchain with multiple games under development. Four games live by 2023 | Start development of a Layer 1 blockchain. Read this exclusive Interview by Fabwelt Founding team. Founded 2020

r/CryptoMoonShotsSee Post

Fabwelt Studios - A multi gaming ecosystem on blockchain with high quality AAA games sets new milestone

r/CryptoMoonShotsSee Post

Fabwelt Studios | New Updates | Arsenal2.0 is a 3D First Person Shooter multiplayer game for the Fabwelt Gamin | Progressing since 2020.

r/CryptoMoonShotsSee Post

Fabwelt Studios Unveils Arsenal 2.0, Exciting Marketplace, Innovative DeFi Portal, and Fanwelt Game Release - Continuing the Momentum Since 2020

r/CryptoMoonShotsSee Post

The biggest gaming news in blockchain: Arsenal by Fabwelt is coming up with a major update: ARSENAL 2.0 Influencers and Content creators are going crazy about the update. Storm is coming! Keep Calm and watch. Fabwelt founded in 2020!

r/CryptoMoonShotsSee Post

Fabwelt Studios is geared up for Launch of Arsenal 2.0, Marketplace (new), DeFi Portal (new) and The much awaited Fanwelt Game | Going strong aince 2020

r/CryptoMoonShotsSee Post

Shiba Budz: 100X Presale, Join Now!

r/SatoshiStreetBetsSee Post

It is probably the biggest gaming news in blockchain: Arsenal by Fabwelt is coming up with a major update: ARSENAL 2.0 Influencers and Content creators are going crazy about the update. Storm is coming! Keep Calm and watch. Fabwelt founded in 2020

r/CryptoMoonShotsSee Post

It is probably the biggest gaming news in blockchain: Arsenal by Fabwelt is coming up with a major update: ARSENAL 2.0 Influencers and Content creators are going crazy about the update. Storm is coming! Keep Calm and watch. Fabwelt founded in 2020

r/CryptoMoonShotsSee Post

Fabwelt Studios - The Gaming Gaints, to be front runner in developing a multi gaming ecosystem on blockchain with 4 game releases by 2023 end. Running successfully since 2020

r/CryptoMoonShotsSee Post

Fabwelt Studios is launching Arsenal 2.0. Awarded best game on Polygon | Top 10 Blockchain game in 2022 | Founded in 2020

r/CryptoMoonShotsSee Post

The Revolutionary Arsenal 2.0: Elevating Your Gaming Experience by Fabwelt Studios | Founded 2020

r/CryptoMoonShotsSee Post

The Revolutionary Arsenal 2.0: Elevating Your Gaming Experience by Fabwelt Studios | Founded 2020

r/CryptoCurrencySee Post

BORED IN BEAR MARKET: Use this time to stack - ways to accrue more Crypto while we crab along

r/CryptoMoonShotsSee Post

The Revolutionary Arsenal 2.0: Elevating your gaming experience | Fabwelt Studios Founded 2020

r/CryptoMarketsSee Post

Why the blend of CeFi and DeFi with cross chain swap could revolutionize trading experience.

r/CryptoCurrencySee Post

Today marks 2 years that I got into crypto! Here are some learnings from this journey so far

r/CryptoCurrencySee Post

Test my DEFI Portfolio Tracker

r/CryptoMoonShotsSee Post

[ann] journey to extraordinary returns: SBP - $1000 giveaway for all holders! - 120% staking pools -

r/CryptoMoonShotsSee Post

Sam Bankman Pepe Token: pioneering defi and nfts with innovative 120% staking pools and exclusive farming solutions - Elevating your crypto engagement to the next level!

r/CryptoMoonShotsSee Post

SBP Super Holder Giveaway: $1000 Giveaway for 500,000+ $SBP Holders! All participants win - Sam Bankman Pepe - Redefining Cryptocurrency Innovation

r/CryptoCurrencySee Post

Reddit's MOON Token: What is it and How Does it Work? (since its distribution day, might as well make a post about it)

r/CryptoCurrencySee Post

How do you manage your investment in crypto

r/CryptoMarketsSee Post

Sam Bankman Token

r/CryptoMoonShotsSee Post

Sam Bankman Pepe Token: Revolutionizing DEFI and NFTs with Unique 120% Staking Pools and Exclusive Farming Opportunities - Your Gateway to Next-Gen Crypto Engagement!

r/CryptoCurrencySee Post

How I got SCAMMED by fake sites via DeFi fake approvals

r/BitcoinSee Post

Hashdex Enters Bitcoin Spot ETF Race With Unique Application

r/CryptoCurrencySee Post

Is ByBit a top 4 Spot and Top 2 Derivative Exchange about to list Moons (and or Bricks)?

r/CryptoCurrencySee Post

DEFI: An Aussie's Definitive Ranking of the Top DeFi in 2023

r/CryptoCurrencySee Post

Debank is probably the best DEFI social media platform out now

r/CryptoMoonShotsSee Post

It is probably the biggest gaming news in blockchain: Arsenal by Fabwelt is coming up with a major update: ARSENAL 2.0 Youtubers and Twitch streamers are going crazy about the update. Storm is coming! Keep Calm and watch. Fabwelt founded in 2020

r/CryptoMoonShotsSee Post

Fabwelt is justifying their roadmap and becoming the largest gaming company on blockchain with multiple games under development and 4 games live by 2023 and also begun development of a Layer 1 blockchain. Read this exclusive Interview by Fabwelt Founding team. Founded 2020

r/CryptoCurrencySee Post

Are there safe ways to responsibly long term leverage over collateralised BTC?

r/CryptoCurrencySee Post

My DEFI Monthly Staking Earnings

r/CryptoMoonShotsSee Post

Fabwelt Studios proving to be front runner in creating a multi gaming ecosystem on blockchain with 4 game releases by 2023 end | Running successfully since 2021

r/CryptoMoonShotsSee Post

The Game Launch - H2O by Fabwelt Studios - AAA gaming company on blockchain | Since 2021

r/CryptoCurrencySee Post

"Quintessential Business Network" is a Ponzi MLM company with a scam token called "QBN". They even have a shell company with a credit card!

r/CryptoCurrencySee Post

Alchemix DAO has selfrugged themselves today of 5000 ETH or 8 million USD because they executed transactions in the wrong order

r/CryptoCurrencySee Post

CRV pools hacked

r/CryptoCurrencySee Post

ETHEREUM turned 8 years old today

r/CryptoCurrencySee Post

ETHEREUM turned 8 years old today

r/CryptoCurrencySee Post

Keeping Track of your Portfolio (or Shitcoins) and Preparing for the Next Bull

r/CryptoCurrencySee Post

Everyone is a Liar - Blockchain is Truth - Trust No One

r/CryptoCurrencySee Post

The first time I ever heard of SBF

r/CryptoCurrencySee Post

Name 3 coins you have faith in for the next bull market

r/CryptoMoonShotsSee Post

The Expansion of DAFI Protocol: Launch of its Innovative Hybrid Exchange Imminent

r/CryptoMoonShotsSee Post

$SCLP Scallop ---licensed NEOBANK, blockchain launch soon.

r/CryptoMoonShotsSee Post

$SCLP Scallop ---licensed NEOBANK, blockchain launch soon.

r/CryptoMoonShotsSee Post

The decetralised air factory

r/BitcoinSee Post

SOIL is one of the great projects with a clear road map

r/CryptoCurrencySee Post

Pool together and DEFI united defeat Sen Warner. Case dismissed

Mentions

so today is the DEFI pump. even SUSHI is up 40%

Mentions:#DEFI#SUSHI

If you cash back out to a CEX to convert back to fiat. CEX most likely would keep records of that even if you didn’t fully cash out to fiat at the bank. Otherwise any trackable spending. If you are able to spend the bitcoin directly using DEFI then that wouldn’t necessarily be trackable. And finally, as mentioned by many others, trackable/visible/self reportable asset acquisitions “outside” of your reported income. So if you were able to buy a Lambo using BTC directly, wouldn’t necessarily be that exact event that would expose you. But you need to register it, insure it, etc.

Mentions:#CEX#DEFI#BTC

MetaMask will never see wider adoption because (as much as I like it) the normal person has no need or want to use it. Navigating it is terrible. Switching networks, connecting accounts to DEFI, etc is a disaster. Saving private keys and phrases is a disaster Plus the only feature they’re adding is this: >  The partnership, announced on Feb. 20, will enable MetaMask users to receive automatic security alerts about potentially malicious transactions. The new security feature is now integrated by default in both the MetaMask extension and mobile app.

Mentions:#DEFI

I'm invested in what I think are some great RWA low carbon projects such as Carbify $CBY - Tokenising trees and reforesting the Amazon, Viridis Network $VRD - Carbon offsets for DEFI and Plume Network RWA focused layer 2. Think there's some great potential for a rotation into this space and it feels nice to be invested in responsible projects!

If u want solid projects, look into trending narratives such as AI, DEFI, gaming or DEPIN and research the cryptos that fall into those narratives. Using coingecko can help u search crypto with narratives you want

Mentions:#DEFI

Just another coin "eth killer" who is not a DEFI, never decentralized, for me it's another hype coin similar to dodge and shiba when it comes to price movement. Oh yea, don't forget, thanks to solana and bnb we have in 2023 more scams than ever before, the launching of shit coins is incredible ... 99% of the projects are just dead. When bullmarket comes it's all about marketing, hype, money movement, and a lot of good luck, don't forget the FOMO. Jump in now, and get profits in the bullmarket

Mentions:#DEFI

Absolutely. The fact that Solana is just a Trojan horse, so called 'eth killer', whose only purpose is to trash the crypto industry, should be abundantly clear to anyone with experience in this industry. Let's be clear: Solana is just a ball of shit thrown at the crypto industry by the SBF's of the world. It is really just CEFI attempting to disguise itself as a legitimate DEFI contender and then once it's accepted it's aim is to turn this space into one controlled by the same players that currently control CEFI. It is a non-disruptive Trojan Horse from Wall Street that will hopefully fade into the past as a failed project. Not unlikely, given the tech is seriously flawed and overly complex.

Mentions:#DEFI

what about mortgage the crypto asset and getting stable coin loans? This is already happening in DEFI since several years back

Mentions:#DEFI

They’re bullshitting. Their research is junk.  Their protocol design is a disaster and inefficient. It’s so bad that is couldn’t even handle low scale and had to centralized everything off chain. Research my ass. Every developer knew ADA was doomed before they ventured into DEFI. They raised the flags but Hoskinson ignored it and continued with his bullshit. Anyone who believes in ada is gullible 

Mentions:#ADA#DEFI

Stake & hold It went up 20% past 7 days, the DEFI usage is insane right now. Don't know if it'll reach 3 USD again but 1.5-2 USD is a certainty IMHO, in the coming 12 months

Mentions:#DEFI

Honestly I think that's a reasonable pick. It has done well already (close to it's highs), which is a good sign, looks like it's one of the more useful chains and has good partners. The tokenomics don't look horrible and the top 3 wallets hold about 40% which isnt even that bad. If you believe crypto as a whole can get new highs (like 6T+) and that alts can claw back market share then it's more than reasonable to believe we're going to see a lot more 10-100B caps. While AI is hyped now some more DEFI, DEPIN, storage, gaming... are bound to be in there. There's about 20k cryptos that will underperform with only a couple hundreds being good. With the added risk with potentially buying into a recession. But all of that is part of the fun.

Mentions:#DEFI

You could go the traditional way and buy BTC from a centralized exchange... Or you could seek out hidden markets and buy some BTC that was mined and sold discreetly.... Someday there's going to be an absolute monster of a market for BTC that was mined with the intended purpose of keeping the initial miners identity hidden and keeping it's status reputable. - BTC can and will be blacklisted in the future. Just use any BTC that transacted on silk road as an example, there will always be watchful eyes on those tokens. And with governments having access to ever vigilant AI and extremely diverse opinions, it's highly likely in the future certain markets ban crypto outright and a mass populous will have to utilize evasive techniques just to spend their currency, often times presumably having to go through a shady money broker or tumblers for some wrapped version, tainting the pool even more. - Also take custody of your tokens. Don't leave them on an exchange. Get a digital wallet and keep what you want to spend there, or get a cold storage offline wallet and keep some there. Or if ultra paranoid, just fully go paper wallet and never tell a soul. --The world is full shifting into Axis V Allies again, where the Axis is Socialism, Communism, and Authoritarianism all VS Democracy. Covid proved just how hyperconnected the world is. ----Also learn what DEFI is and lending pools are.

Mentions:#BTC#VS#DEFI

Well I bet you only missed when you left Nexo, because this is just the same old FUD going around again. People will do anything to not blame themselves but someone else. That's why CEFIs exist. People are not truly ready for DEFI and this is the exact reason Nexo is actually one of the best companies out there. As a long time nexo user I can confirm that my email wasn't compromised and I receive 0 fishy emails.

Mentions:#FUD#DEFI

I'd be happy to answer any questions you may have (not that I'm an expert though). Tinyman and Folks Finance are pretty popular, Pact FI as well, but I think they underwent a recent management change, so DYOR. The DEFI strategies with Algorand are pretty great, because they offer rewards for staking LP's during Algorand governance.

XMR will still be here in 10 years, Binance will not. Centralised exchanges are dying and being replaced by DEFI. Who honestly cares if Binance delists XMR?

Mentions:#XMR#DEFI

Newcomers: More money has been lost on DEFI and self custody than CEX by far. Remember post like this when you hear people shaming you for using coinbase.

Mentions:#DEFI#CEX

As there are literally no projects on DEFI that are sustainable, I think of all of them as scams. So team being anonymous doesn’t help.

Mentions:#DEFI

What’s everybody doin for/in DEFI these days?

Mentions:#DEFI

Minswap batchers went down, and AXO release is delayed. golden opportunity for CARDANO DEFI IS DOWN 😍

Mentions:#DEFI

Dude that was 7 years ago. Times have changed. Grow up and learn from your mistakes and understand the risk/failure points. If this was DEFI/DEX and you made a boo-boo there would be no one to talk to. Your money would be GONE.

The best thing about the BTC ETFs... The fckn tickers: HODL, BRRR, DEFI Some real degens are sitting in those companies haha

So, if its to expensive then : People can : Uno. Stop complaining ( find positivism ) Dos. They can find better job and the anniversary put in BTC, or ETF , or DEFI, or Staking ( but only if they know what they are doing , it is not advice ) Tres. Tey can sell expensive house and buy something cheaper in the countryside ( also not edvice ) Cuatro. They can take a debt on appartment and buy some cheaper in the countryside, and rent an apartment. If ther is anything more left, they can put it in e.g in BTC. If not they should wait for the loan to be repaid and the buy - see point dos. These are just my thoughts, not advices. I am psychic.

Mentions:#BTC#ETF#DEFI

Play on the defi side of both networks and you'll understand. SOL is faster and transaction fees are cheaper than ETH. SOL also just surpassed ETH in DEFI transactions for the first time ever.

Mentions:#SOL#ETH#DEFI

Ah thank you so much, this information helped A LOT. Based on this information, I think if an individual just deposits their own crypto in DEFI in an escrow account to earn interest then they are safe if they are not an official business, right? While it was in escrow they had full control of their funds and it just sat there while they collected interest. Then they eventually withdrew their own funds from the escrow but it exceeded $10,000. This would not really count as a transaction that needs two be reported, right?

Mentions:#DEFI

In DEFI, the whole point is having “trustless” systems in place. What this means is, trust isn’t required. Smart contracts do a pre-programmed task, and everyone can see exactly what that smart contract is programmed to do because everything is public. This is why trust isn’t needed. The company that built it puts their defi smart contract in the open for everyone to use and scrutinize. 3rd party auditors verify there no exploits in the contracts and that the contracts are unchangeable. Once this is confirmed, the users no longer have to trust, it just works.

Mentions:#DEFI
r/BitcoinSee Comment

This is what Decentralized Finance (AKA DEFI) allows you to do. Many different ways to use your tokens as collateral. Its all handled by smart contracts instead of a person, so there's no greed/corruption involved. You put your btc (or other tokens) into the smart contract, it gives you a loan based on the agreed parameters. Its really that simple. But if your BTC (or other token) fluctuates in value in a downward direction too much, you will get liquidated to cover what you owe. So you have to watch it closely. Watch youtube videos to learn more.

Mentions:#DEFI#BTC

Depending on what you want to do with it, selecting chains that serve your purpose is the best bet. Read on the trilemma and what crypto blockchains are trying to solve. Essentially, there’s three elements to the “perfect” blockchain that seems impossible to reach, and each chain have different strategies and ways to get there. The trilemma is maintaining security, decentralization and scaleability(speed). So for example: - Bitcoin has security and decentralization but little to no scaleability. - Solana is an execution layer and has tons of scaleability and speed, but bad security and decentralization. It’s not really made for it either but it’s an amazing blockchain for trading as it’s super fast. But don’t trust it to store any significant value. Convert it to BTC or ADA when you want to store it away long term - Ethereum is trying to be everything all at once and is essentially bottlenecked in all three branches. But it was first and it’s basically a blue chip now. But it also has the most hacks and absurd high fees. - Cardano has great security and decentralization and is a settlement layer first and foremost. Meaning they’re trying to add scaleability AFTER the first two. Which in my opinion makes the most sense. Cause you can’t really add security and decentralization later, that’s like changing the tires of a car while it’s going high speed. This is why I use it as a store of value since it’s essentially as safe (if not safer) as Bitcoin. But that also means it’s slow in development and probably will need L2s to handle any significant load and speed. There is DEFI on Cardano and it’s gonna blow up next bill run, but do expect it to bottleneck during heavy load. It will however not fail as transactions are deterministic and you’ll know before sending a transaction if it’s gonna fail or not (unlike shitty Ethereum where you need to pay the fees regardless of if it fails or not) Then there’s Algorand which is also good and comparable to Cardano. Same with Polkadot, great tech and solid developers.

Mentions:#BTC#ADA#DEFI

We from bull run to bull run, we've had the ICO trend, then we had DEFI, then it was NFTs. Make no mistake, there will be an AI trend just because it's the new thing.

Mentions:#DEFI
r/BitcoinSee Comment

I think even on DEFI you need at least $10 to transact. There's a trade fee and a network fee to consider. You might do better with other cryptos but BTC network fees are super high at the moment. You'd need at least another $6 to move $2 worth of BTC and even then it's unlikely to succeed

Mentions:#DEFI#BTC

#Algorand Pro-Arguments Below is a Algorand pro-argument written by FrogsAreBest123. > # Algorand > > * Disclaimers: > * This post is heavily inspired and sometimes copied word for word from my old post about algo. seen [here](https://www.reddit.com/r/CryptoCurrency/comments/ovmttc/comment/hh6z73n/?utm_source=share&utm_medium=web2x&context=3). > * I do own Algorand and act as a governor. Algorand represents under 10% of my total portfolio. > * **Background Information for people who have no idea what Algorand is** > * Feel free to skip this if you know the basics of Algo. > * Algorand has been built off of three institutions, AlgoCapital, Algorand Foundation, and Algorand Inc. > * AlgoCapital has rebranded to [Borderless Capital](https://www.borderlesscapital.io/), but regardless, they're an asset trading corporation, they also build financial products to support Algorand and its ecosystem. > * The [Algorand Foundation](https://www.algorand.foundation/) distributes the token "Algo" > * [Algorand Inc.](https://www.algorand.com/futurefi/) does the R&D for Algorand. Of which, Algorand Inc owns a few [patents](https://patentcenter.uspto.gov/applications/16709719/ifw/docs) on crypto technology (as an example above). > * Tokenomics > * Supply of seven billion, a valuation of two billion. [Inflation](https://www.reddit.com/r/CryptoCurrency/comments/pkks3v/algorand_a_3900_increase_and_a_3_profit/) used to be insanely high, which I had made a post on that was deleted but explained that at the time Algorand had a 3900% increase in valuation, but a 3% price change. Luckily inflation has been slowed down a lot since vesting ended. Infact, 7 of the 10 billion algo's that will ever be minted and released have already been, which to some is a bad figure, but I'm just glad we won't go back to algorand's old inflation numbers. > > # The Pros > > * Fees > * The fees for Algorand are low ([0.001 Algo](https://developer.algorand.org/docs/get-started/basics/why_algorand/#:~:text=There%20is%20no%20concept%20of,1%2C000%20microAlgos%20or%200.001%20Algos)) I know a lot of people aren't having issues with $1 gas fees on Ethereum and such, But if you were there in 2020, 2021. You know just how important low transaction fees are, for example: > * Low fees allow most people to use the defi ecosystem. With Ethereum, a lot of people were simply priced out of DEFI, or so scared of messing something up, cause every transaction was $20, $30, gone. > * Pera Wallet > * Pera Wallet is a nice simple wallet for most algorand users, it's made to be user-friendly, and was made by [HIPO and Algorand](https://blog.perawallet.app/its-official-algorand-wallet-is-now-pera-wallet-171561597664) themselves. You can also swap ASA's in the wallet itself. > * Blockchain Trilemma > * Scalability, decentralization, and security. Coined by Vitalik, the creator of Ethereum... Every good cryptocurrency has selected two of the three options above but cannot have all three. One of [Algorand's main goals](https://www.youtube.com/watch?v=MM24Vn8RJeo) is to disprove this and be the solution > * Decentralization > * [Governance](https://governance.algorand.foundation/governance-period-6) has been out for a while, Governance incentivizes people to hold their Algo, Firstly, you get Algo for committing your Algo to governance and voting on proposals, but if you move your Algo out of your governance wallet OR do not vote, you lose the governance benefits. > * The Algorand community has slowly been increasing the amount of Algo committed for each governance period, from 1.7B to currently 4B, showing commitment to the ecosystem. > * Algorand has a few types of nodes that keep the network running. Relay nodes do not participate in consensus but keep the network running in the background. There's about [120 relay nodes](https://www.algorand.foundation/general-faq#:~:text=How%20many%20relay%20nodes%20are,nodes%20on%20the%20Algorand%20network) running, a lot owned by Algorand. Participation nodes help keep the network running too and are included in governance and consensus voting. There are about 1500 participation nodes, some run participation nodes when running an algorand project, but in all, not too many run a node because of the lack of a large financial incentive, this really does go to show though even with a lack of a large financial compensation, algorand still has 1500 nodes. > * **DEFI** > * ASA's > * [Algorand Standard assets](https://www.youtube.com/watch?v=JGkQO5dfOOE&t=1110s). ASA's are just simple ways to deploy tokens, NFTs, and other things on the Algorand network. A lot of people say they act similarly to ERC-20 tokens on the Ethereum network. > * Programming > * Algorand "makes it simple to program on its blockchain"... "With Java, JavaScript (node.js and browser), Go, and Python SDKs, along with REST APIs, you can build on Algorand in your preferred programming languages." [src](https://www.algorand.com/hack) This makes it obviously really simple to build DAPPS on Algo, with the help of ASA's AND the help of subsidization from the Algorand Foundation, Defi will be doing well! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

Mentions:#DEFI#MM

BTC is a store of value. ETH has use cases within DEFI. Outside of that, it's debatable what other real-world applications there are out there

Mentions:#BTC#ETH#DEFI

It's a bad idea, and OP learned it the hard way. There's nothing wrong with hot wallets when you know what you are doing. And even then it's still a bad idea. That said, for a lot of people, hot wallets, can be tricky, if you sign the wrong thing, click on the wrong link, you can be drained, and DEFI is another nightmare for that. So if you have 50k, on a hot wallet you'll lose 50k. You should never expose that much on a web3 wallet, for daily use, it's just a recipe for disaster.

Mentions:#OP#DEFI
r/CryptoCurrencySee Comment

The problem with DEFI is most people, to some degree, don't know how to use it. Education should be at the front

Mentions:#DEFI
r/CryptoCurrencySee Comment

I played with various DEFI protocols from Algorand (Yieldly, Tinyman etc), to Optimism, Sandbox and Ethereum (Opensea, Wonderland etc). All are very interesting to use and explore but not something I will be using again for a while. It’s the wild west out there right now.

Mentions:#DEFI
r/CryptoCurrencySee Comment

Probably not topping anyone else's list but AQUA, the liquidity layer coin for the Stellar network. It did 3X in the past month and its big use case as support for new DEFI projects on Stellar goes live end of January. Dirt cheap at $0.0007 so you can load up and watch it soar.

Mentions:#AQUA#DEFI
r/CryptoCurrencySee Comment

Moreso AVAX. Or NEAR. OR INJ. OR TIA. OR... You may notice a pattern with these - DEFI NETWORKS.

r/CryptoCurrencySee Comment

Oof. typical crap from the nerd echo chamber. I NEVER buy MEME coins. Look at yer downvotes bruh. Idle noize about what stupid other people (who are also not making $) think. My portfolio has not changed much since I left the DEFI club & tax loss harvested most of it. BTC ADA ETH BNB SOL DOT STX Been swinging some more Sol recently but it’s risen so much in a week I’m just gonna add it to my cold storage pile. like I should have done with the STX I sold at 1.11. (Doh!) When it cools off again I’ll get back into it. This forum appears to be about defending what people are stuck with from 2020/2021 & tryin to hang onto the dream. Maybe just let it go.

r/CryptoCurrencySee Comment

Solana is better tech period because: Fees are low, transactions are fast, centralized rumors are BS, down time was when it was still in BETA, Robust community, fantastic DEFI Protocols, trying to associate SBF is FUD ( no reasonable person thinks SBF=SOLANA) , FAT Airdrops, accessibility is top notch. PHANTOM wallet is easy to use.

r/CryptoCurrencySee Comment

I wouldn't know about it because I haven't used any DEFI services other than PancakeSwap and UniSwap; and I've been fine for a few years.

Mentions:#DEFI
r/CryptoCurrencySee Comment

#Nano Pro-Arguments Below is a Nano pro-argument written by Dwarfdeaths. > Copied from my post on the previous cointest thread: > > To start things off, I will take for granted that Nano is the best at simply being a digital currency. There is no other protocol that I’m aware of which matches the speedy, feeless, eco-friendly, and highly scalable properties of Nano for peer to peer payment. Its asynchronous mode of operation allows it to scale continuously as hardware and bandwidth improves over time. Its consensus protocol has so far proven secure and non-centralizing. The only flaw actually demonstrated in real life has been spam resistance, for which steps have been/are being taken to mitigate. When asked to envision a globally adopted cryptocurrency, Nano presents a clear solution. At the end of the post I will address some common arguments against Nano being good at digital cash, but otherwise I will move on to my main point. > > In the current landscape of crypto technologies, Nano’s functionality as *merely* digital cash can sound underwhelming. When confronted with the choice between a protocol that does digital money and a protocol that can potentially do “everything,” it’s easy to dismiss the money use case. On the contrary, I think being a good digital cash is absolutely critical and perhaps the only thing that matters long term. I have two main parts to my argument: First, most proposed uses for crypto are bad, and second, Nano isn’t incompatible with the good uses, and in fact is necessary for them to work. Before continuing I’ll note that Nano’s use case is not earth-shattering. For the average person in a modern country with the convenience of credit cards, it will make a pretty minor difference in their lives. For myself, it would have (a) saved me from paying an international wire fee while registering for a conference recently, and (b) would save the 3% credit card processing fee I paid at the DMV, as well as for all the businesses that normally foot this bill (which will probably be the main driver for adoption if it happens). Other things, like preventing the monopolistic control of payment processing (see OnlyFans) are also worth considering, and is one of the original motivations for bitcoin, but are less tangible. For countries without a stable currency it becomes a bit more serious as you're also inheriting a more usable currency than what your government can provide. So I think crypto has a chance to make marginal improvements over our existing system, and thus should be promoted, but isn't an earth-shattering breakthrough. > > Anyway. The first part of the argument is probably unpopular so let’s get it over with. **Most proposed use-cases of crypto(currencies) are bad.** This stems from the fact that a completely trustless, decentralized system can only agree on virtual information, such as opinions. Anything coming from the real world is subject to the “garbage in, garbage out” principle (also known as the oracle problem), or from enforcing anything that the ledger says on the real world. Money is one of the few things that is truly virtual (though, the exchange of goods is not!). In Nano, a transaction could be considered two people expressing the opinion that one should pay the other, and it is backed by their cryptographic signatures. Publishing and signing documents was one of the other earlier use cases for blockchains, and is essentially expressing your opinion that you agree with/to the document. A use-case like logistics or insurance or betting requires input from the real world. A block-chain can gather people’s opinions on whether some aspect of reality is true, but that doesn’t necessarily mean it’s true, which means you have to trust people to accurately represent reality. So, not trustless. And if it’s not trustless, why did you bother making it a crypto app? When you boil it down, 'crypto' can only every let you add the properties of (decentralized, trustless, permissionless) to something that was already possible with software. If that doesn't add any benefit, either because those properties weren't needed or because there is a practical reason that those properties can't be attained, then the proposed use case is ultimately doomed. Let me quickly go through a list of the most commonly cited applications I’m aware of and why they are bad: > > - **Stablecoins** – irrelevant once a global cryptocurrency is adopted. > - **Lending** – definitely worthwhile if it could be done, but AFAIK you can never do **trustless, uncollateralized loans**, which almost entirely defeats the purpose. If your collateral is another ostensibly fungible currency, then there was no need for the loan. Loans in the typical sense will always be trusting and personally identifiable for the foreseeable future. > - **Yield farming, liquidity mining** - Zero sum nonsense. > - **Insurance** - garbage in garbage out. Sure you can write a contract that will handle your insurance plan, but you need an authority to establish what actually happened in the real world. Who is going to verify that your car got dented in a hit and run, or that your water damage bills are accurate, or that a dude actually died? > - **Logistics** - garbage in garbage out. Blockchain doesn't prevent some guy in the supply chain from tampering with or misreporting a shipment. If something goes wrong, you are still going to have to investigate and track down exactly what happened in the real world for any resolution. > - **Crowdfunding** - An actually useful concept, but governance is tricky because it must all be based on the opinions of the network participants. Who is the arbiter of the deliverables? Did the fundee actually make the thing they said they would? Can the crowd just stiff the fundee even if they delivered? I think this problem may be solvable on average, but not universally. As is often the case, this decentralized application need not itself be currency. > > - **Decentralized exchanges** - Largely irrelevant if a true global currency like Nano is adopted. These could be useful for exchanging between the fast P2P coin and a privacy coin like Monero, but that’s about it. See part two below for more clarification. There’s again no reason to make the DEX a currency itself. > > It may sound implausible that a platform like Ethereum can have so much traffic and have little to no real utility, but I think this is a byproduct of the influx of speculative money into the system. Most of the traffic is either speculation or speculation services. Much like a roulette wheel is a legitimate service to facilitate gambling, most of these smart contract functionalities are services that facilitate moving money around in increasingly obscure and ultimately useless ways. While roulette wheels will certainly never go away, I wouldn't expect them to gain global usage either. > > Now for the second part of the argument. Any cryptocurrency that can’t natively scale to **global, day-to-day, coffee-buying** adoption is not a good cryptocurrency. As stated above, one of the main motivations for cryptocurrencies existing is that they are trustless, permissionless, and censorship resistant. If you need to go to an exchange to turn your cryptocurrency into a spendable currency, you are now trusting the exchange, you are requiring permission from the exchange, and the exchange can censor your wishes to buy whatever it is you wanted to buy. You can shuffle between as many neat cryptos on a DEX as you want, but ultimately if you want to buy a coffee you either need a crpyto that can scale to coffee buying or you need a fiat exchange that breaks crypto properties. Nano is the coffee buying crypto. Bitcoin’s store of value argument is destroyed by the necessity of exchanges. A true store of value can be spent at any time, on anything, without fees or the need to interact with any third party. (Note: lightning network sacrifices crypto properties, so I’m ignoring it as a cryptocurrency. People are free to treat it like a cryptocurrency, but it’s not.) > > For the few useful decentralized applications that might exist, they can almost certainly be made to work with Nano as their settlement layer, if they need a settlement layer at all. (BitTorrent is a DApp that existed well before cryptocurrency...) Smart contracts can look at the Nano chain for proof that a payment has been made, and can execute payments on the Nano network. There’s no need to have a platform where transaction and execution of arbitrary programs are competing for the same computing resources, and it creates a harmful economic pressure on transacting that will eventually create pain points when the network is inevitably pushed to its throughput limits. The decision against smart contracts in Nano is a conscious one. > > So, putting these things together, I think the vast majority of crypto coins are a bad idea, incorporating DEFI functionality is adding little or no value, and that above all the use case that will fundamentally matter is still performance as digital cash. Any secondary applications will need this core functionality/adoption as the starting point, and none of the other existing protocols do it as well as Nano. > > In the reply below I will address a few common arguments against Nano working as digital cash. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Nano) to find submissions for other topics.

Mentions:#DEX#DEFI
r/CryptoCurrencySee Comment

Do everything that you've been doing up until now and nothing will happen. You don't even need a hardware wallet. Using DEFI **won't** cause you to lose your funds if you know what you're doing. If somebody told you otherwise then ask for personal example or experience. Many reputable CEXes have been around for a long time without anyone being robbed or anything. For me right now Binance, BingX, CoinBase, BitStamp are trustworthy. Basically do not click on any links and keep your private keys in your head (memorize your seed phrase). Don't use any unknown device to log into your account or use your wallet. And don't listen to people who tell you you will get robbed because you won't if you play it safe like you've been doing.

Mentions:#DEFI
r/CryptoCurrencySee Comment

If it’s DEFI. Probably a scam. Stay the fuck away

Mentions:#DEFI
r/CryptoCurrencySee Comment

DEFI since 2020 AND crypto veteran? Dude, you are calling yourself a veteran after being in a field for only 3 years (not even working in it, you are a retail investor, a bottom feeder per se). You have seen one bullrun!!! Sit down and study the markets. Don't get TOO ahead of yourself, please.

Mentions:#DEFI
r/CryptoCurrencySee Comment

People DCA ADA too tho, more than half of ADA buyers are longterm holders and longterm stakers and it's DEFI is going nuts

Mentions:#DCA#ADA#DEFI
r/CryptoCurrencySee Comment

I am heavily invested in Kaspa and Taraxa because I believe that BlockDAG is a real technological innovation in this sector that stems from multiple years of academical research. I like Kaspa for it's sheer speed which is soon going to be even faster and that it can solve the trilemma in a sufficient manner. Also it can truly work as a stateless currency with almost instant transactions. Taraxa is a strong competitor to Kaspa having already working smart contracts and being 100% EVM compatible. An ETH bridge in the making coming out this spring. What I as a DEFI trader like most about the network is that the BlockDAG structure makes it impossible to front run trades with bots.

Mentions:#EVM#ETH#DEFI
r/CryptoCurrencySee Comment

If they sold 200k phones in a day they'd be arrested by the time the sun came up. This is a cool idea but DEFI isnt widely accepted enough for this to be a thing. With the way these assets are being regulated this seems like nothing more than a gimmick that will fadeaway after the devs stack up a few millions. Like clockwork.

Mentions:#DEFI
r/CryptoCurrencySee Comment

I grabbed myself some [Marinade](https://www.coingecko.com/en/coins/marinade) - #1 TVL in SOL - But still in the 300 ranks. Provides [MSOL](https://www.coingecko.com/en/coins/marinade-staked-sol#markets) for SOL Defi. Never had it before but seems like a no brainer. With SOL starting to explode in DEFI, investing in its biggest ecosystem while it's undervalued seems like a good idea.

r/CryptoCurrencySee Comment

Your portfolio looks like the last bull run. Narrative change and SOL is a big narrative right now with the meme coin BONK and cheap fees driving a lot of value over with milestones including surpassing ETH in daily NFT volume and DEFI volume blowing up. I think Matic will be a dead chain. It had an advantage last bull as it was a "side chain" that was cheap to transact on. It's not as cheap as SOL and all the L2's on ETH, which are better. CRO - no. No centralized exchanged coins. The bear market bankrupted a lot of holders of CEX coins.

r/CryptoCurrencySee Comment

For me the following problem. HODL on your ledger and touch it in few years…. No problem. That’s why it is produced But being active and doing stuff on DEFI leads to the fact that DEFI is more risk than CEX That’s why I diversify my portfolio Some on ledger Some on safepal Some on CEX (her 3-4 different) Never put all eggs in one basket , also not in one cold wallet

r/CryptoCurrencySee Comment

DEFI has so far to go. Ignore anyone on here who tells you to avoid CEX and only use DEFI.

Mentions:#DEFI#CEX
r/CryptoCurrencySee Comment

just a little degen gamble. LUNA at top had a pretty good DEFI ecosystem and there were a few community proposals to rebuild the chain. If the community can finally get together in some of those proposals and start building utility instead of keep relying on solely on burns, with a meme status and a bull run, some wild things might happen.

Mentions:#LUNA#DEFI
r/CryptoCurrencySee Comment

For sure. What this community cares about won't matter. ETH will be pushed out of US markets once it's deemed a security, which will effectively kill it, and DEFI, in its tracks. This community won't have any say in the matter.

Mentions:#ETH#DEFI
r/CryptoCurrencySee Comment

DCA is the best strategy in the long run and reduces a lot of headache trying to time the market. Just invest whatever sum you are comfortable with investing into crypto, which is a very volatile market by its nature. Just don't leave your coins in a centralized exchange and get a hardware wallet. There are far too many exchanges that have gone tits up, even in the past few years. Also if you are invested into ETH, consider staking it directly from your hardware wallet using a DEFI protocol like rocketpool. You'll need to do some research into the risks involved and the tax implications, but staking is a great way to grow your ETH over time.

Mentions:#DCA#ETH#DEFI
r/CryptoCurrencySee Comment

Because the two major SEC actions last year listed a dozen or so examples of cryptos that were clearly examples of unregistered securities and went to length (several pages for each) to explain why. ETH’s founding and origin circumstances differ in no discernible way from ANY of them. Leadership, pre-mines, ICO, venture capital, etc. My conjecture is SEC didn’t use ETH as an obvious and primary example in those actions because they are likely actively preparing a case against Vitalik et-all, being the platform that exists in large part to spawn all the others. Force a filing attempt (which would be devastating) or an exit from US exchanges, and most “crypto” and DEFI is essentially shot dead in its tracks, given that the US is the largest capital market for it.

Mentions:#SEC#ETH#DEFI
r/CryptoCurrencySee Comment

No cap, I think AXO might be the best dex hands down. DEFI 3.0 We have never seen anything like this so far in the crypto space.

Mentions:#DEFI
r/CryptoCurrencySee Comment

Me personally would’ve looked at diff projects within sectors like AI, RWA, DEFI, CASINO, etc. Then filter from 5-50M mccap and just go from there. Take your time learn about the project read the white paper (very important). Don’t FOMO in on a coin just because some guy on Twitter said so.

Mentions:#DEFI
r/CryptoCurrencySee Comment

What about DEFI? Alt DeFi tokens like AAVE, a financial tool in the crypto ecosystem. Is that an old narrative? I don’t think you can generalize those assumptions to all alts.

Mentions:#DEFI#AAVE
r/BitcoinSee Comment

By loaning the BTC on DEFI in the future or getting loans against it. He’s a believer in BTC as the hardest currency there is. Why would you ever sell that for inflationary fiat?

Mentions:#BTC#DEFI
r/CryptoCurrencySee Comment

As we await AVAX gaining momentum, we can’t forget about AVAX ecosystem coins. QI is a real potential money maker people. Here’s some info: DEFI will always be a prominent narrative during a bull run. Benqi has a good $360M TVL currently. It’s the tried and true lending, borrowing, and liquid staking platform on AVAX. Benqi as a platform has great utility. It’s on one of the most popular, low fee networks. When AVAX goes on it’s run, people will be looking for ways to participate in the ecosystem. Benqi is a premier feature on the AVAX network. QI has only 8B max supply. Currently 4B. Benqi has many partnerships. QI is the native token on Benqi. Benqi is the Aside from just supplying QI for APY rewards on the Benqi DAPP, Vector, another protocol, is giving you xQI for your QI. They are taking that QI you gave them (in exchange for xQI) and staking it to generate veQI which is used to vote for their own nodes. This generates sAVAX. They share that sAVAX with you based upon the returns shown in their app, but they are subidizing the returns right now with VTX (native token on vector finance) since it takes time to accrue the veQI. Also, Ignite, another protocol, will be letting us run an AVAX node with only 10% of the value of an avax node in QI. All great stuff. Can’t argue that a lending and borrowing platform has important utility. We know there’s going to be DeFi enthusiasts. If this stuff sounds foreign to you, trust me, there’s a market for it in crypto. DeFi isn’t going anywhere. ATH was .40….should do well upcoming bull run. I predict 10x in short to midterm. Could go much higher in a bull run.

r/CryptoCurrencySee Comment

Definitely not a come and go project. One of the top 5 layer 1's imo. Have used its DEFI extensively and its fast, low gas (except when crabada didn't have its own mainnet).

Mentions:#DEFI
r/CryptoCurrencySee Comment

You will need to accept the new terms which will move automatically your VISA stake to DEFI earning about 4% and compounding from 4/12/23.

Mentions:#DEFI
r/CryptoCurrencySee Comment

They don't make sense for CEXs, they're just a cash grab and way to reward customers for interacting with their product. For DEFI though it's a different story. There they're used for governance and owning tokens is your voting power to direct what the project does.

Mentions:#DEFI
r/CryptoCurrencySee Comment

Staked ADA isn't locked (non custodial), so you can sell whenever you want to. But APY is like 3.5%, small but enough for me. Want some bigger yields, play around with cardano DEFI (bigger risk ofcourse). Anyway, good luck!

Mentions:#ADA#DEFI
r/CryptoMarketsSee Comment

#Fantom Pro-Arguments Below is a Fantom pro-argument written by FrogsDoBeCool. > # Fantom, its Background and Pro's > > Disclaimer: I have not owned or worked with the Fantom network in the past. This piece was made for people to introduce them to Fantom, and all the benefits it has on the surface, and foundationally. > > # Consensus, and the DAG > > * **Proof of Stake** > * Fantom runs the **proof of stake** consensus to keep the network running, compared to **proof of work** (which major cryptocurrencies like Bitcoin, Litecoin, Monero, etc use). "[Proof of stake](https://blockworks.co/proof-of-work-vs-proof-of-stake-whats-the-difference/) systems are significantly more energy-efficient than proof-of-work operations..." It's also significantly easier for a person to make a node on a PoS network than a PoW network, usually, all you need is a laptop, and a certain amount of tokens. All of these are positives for Fantom, but diving deeper, Fantom uses a specific PoS consensus. > * The APY of proof of stake (the tokens you receive from holding your Fantom tokens in a wallet) is anywhere from 4% to 15%. Fantom has a system in place to prevent people from fear selling, this is [called locking](https://fantom.foundation/ftm-staking/#:~:text=Choose%20to%20lock%2Dup%20your,base%20rate%20%E2%80%93%204%25%20APY), you lock your fantom tokens in your wallet to receive more APY benefits. So if you lock up your Fantom for 14 days, you get 4% APY, but if you lock it up for 1 year, you get 15%. > * **Lachesis** > * According to the [Fantom Foundation](https://www.fantom.foundation/lachesis-consensus-algorithm/), "We created Lachesis to overcome the limitations of previous consensus algorithms. It is, in fact, the ideal option for applications that need high-throughput, fast finality, and bank-grade security". > * Blocks do not need to be confirmed for a transaction to finalize, there are systems in place to prevent malicious and false transactions, and there's no 'leader' system where a specific wallet or person confirms blocks or transactions. > * **The DAG** > * Lachesis runs on the DAG, a consensus that differs than the normal "blockchain". In a normal blockchain, block 1 directly goes to block 2, directly goes to block 3, etc. in a DAG, block 1 could connect with multiple blocks, like block 2, 3, 4, etc. A DAG must never circle around, so if block 10 is the latest block, it cannot go back and confirm block 1 again. > * But why the DAG? Fantom uses a DAG to increase the scale and speed of its transactions. Each "block" (a dag isn't a blockchain to say) acts semi-independently of each other to get faster confirms. > * Fantom can reach a [transaction finality](https://fantom.foundation/blog/tps-or-ttf-understanding-blockchain-speed/) of 1 second. So on average a transaction will be finalized in 1 second, this is different than what many other crypto people use to tell how fast a network is, that being TPS (transactions per second). the DAG that Fantom uses allows transactions to be finalized on the network significantly quicker than the block being confirmed. (it's important to note, smart contract transactions are significantly slower than just moving fantom tokens). > > # DEFI > > * **EVM** > * [The EVM is the Ethereum Virtual Machine](https://www.bitrates.com/guides/ethereum/what-is-the-unstoppable-world-computer#:~:text=The%20EVM%20is%20essential%20to,(i.e.)%20executing%20smart%20contracts), a machine that devs use to create dapps (Decentralized Applications), Fantom is EVM compatible, meaning you can port an ETH dapp onto the Fantom network without having to recreate the entire dapp from scratch. > * Incentives to build > * Most devs work on the ETH blockchain due to its popularity, but many also work for Fantom, why? for one, the EVM helps them port their dapps easily, and for another, money. [Over 370 million Fantom](https://www.benzinga.com/pressreleases/21/08/g22721821/fantom-announces-massive-incentive-program-to-reward-defi-developers) has been directed to help devs produce dapps > > # Governance > > * [Fantom has a unique governance system](https://fantom.foundation/blog/on-chain-governance-released/), for one, anyone can propose something for 100 Fantom. And voting costs about $0.00001 in transaction fees. > * Then for voting, a wallet holder can vote 0-4 instead of yes and no. 0 is total disagreement, 4 is complete agreement. Each proposal can have multiple options too to represent all points of view. > * All proposals are in templates for how much they change the network. > * A template 1 vote is a non-important vote, agreement levels must be 55% or more. > * A template 2 vote is also non-important but requires a bit more agreement, 60%. > * A template 3 vote will directly change the network, may be for updates, or changing the rewards rate for delegators. 90% of delegators must vote, and a 90% of them must agree > * A template 4 vote can deconstruct a solidity contract, basically used for changing penalties for if something happened. 90% of delegators must vote, but only 55% must agree. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_fantom) to find submissions for other topics.

r/CryptoCurrencySee Comment

ETH has became a store of value like BTC because gazillions of digital assets are tied to it (billions of USDC, USDT, NFTs, DEFI TVLs etc). Look for L2 options such as arbitrum, base, etc for lower fees. Also there are a lot of other smart contract platforms that offer cheap txn fees, problem is they dont have a vibrant ecosystem like ETH.

r/CryptoCurrencySee Comment

Been a long time holder. What I like most about it is that their BlockDAG structure makes it impossible to front run trades with bots. So it's very interesting for DEFI traders. Also their TX inclusion times are pretty impressive for a proof of stake network.

Mentions:#DEFI
r/CryptoCurrencySee Comment

The safest (but still reasonably usable) way is to acquire a hardware wallet, PROPERLY backup your seed phrase, use the passphrase feature, and never ever do any contract stuff or DEFI with it. That's what proper self-custody looks like right now.

Mentions:#DEFI
r/CryptoCurrencySee Comment

I don’t use my cold wallet for interacting with DEFI or anything like that. It’s purely to hold my crypto, like a vault.

Mentions:#DEFI
r/CryptoCurrencySee Comment

KUJI is a special purpose L1 focused on DEFI so its on track to offer a lot of what you can do on Binance but the difference is the revenue goes to stakers Real yield with current 90 day revenue puts the apr at over 10%

Mentions:#KUJI#DEFI
r/CryptoCurrencySee Comment

Thanks for your reply. I was able to find KUJI token contract # in coingecko and searching more I was able to find the KUJI/USDC.E pool in coingecko as well. I didn't know that i will need bridged USDC to add to this pool so far I thought I would only need regular USDC. I guess I can swap some ETH for USDC.E using metamask and once i'm done with the pool i can always switch back USDC.E back to ETH or regular USDC without issues right? I'm so new to DEFI that i need to ask this basic questions cuz i don't think common sense will be enough. Thanks again for your reply.

r/CryptoCurrencySee Comment

It offers nothing new. It is just a clone chain. Their DEFI system is a joke and is dead.

Mentions:#DEFI
r/CryptoCurrencySee Comment

#Algorand Pro-Arguments Below is a Algorand pro-argument written by FrogsAreBest123. > # Algorand > > * Disclaimers: > * This post is heavily inspired and sometimes copied word for word from my old post about algo. seen [here](https://www.reddit.com/r/CryptoCurrency/comments/ovmttc/comment/hh6z73n/?utm_source=share&utm_medium=web2x&context=3). > * I do own Algorand and act as a governor. Algorand represents under 10% of my total portfolio. > * **Background Information for people who have no idea what Algorand is** > * Feel free to skip this if you know the basics of Algo. > * Algorand has been built off of three institutions, AlgoCapital, Algorand Foundation, and Algorand Inc. > * AlgoCapital has rebranded to [Borderless Capital](https://www.borderlesscapital.io/), but regardless, they're an asset trading corporation, they also build financial products to support Algorand and its ecosystem. > * The [Algorand Foundation](https://www.algorand.foundation/) distributes the token "Algo" > * [Algorand Inc.](https://www.algorand.com/futurefi/) does the R&D for Algorand. Of which, Algorand Inc owns a few [patents](https://patentcenter.uspto.gov/applications/16709719/ifw/docs) on crypto technology (as an example above). > * Tokenomics > * Supply of seven billion, a valuation of two billion. [Inflation](https://www.reddit.com/r/CryptoCurrency/comments/pkks3v/algorand_a_3900_increase_and_a_3_profit/) used to be insanely high, which I had made a post on that was deleted but explained that at the time Algorand had a 3900% increase in valuation, but a 3% price change. Luckily inflation has been slowed down a lot since vesting ended. Infact, 7 of the 10 billion algo's that will ever be minted and released have already been, which to some is a bad figure, but I'm just glad we won't go back to algorand's old inflation numbers. > > # The Pros > > * Fees > * The fees for Algorand are low ([0.001 Algo](https://developer.algorand.org/docs/get-started/basics/why_algorand/#:~:text=There%20is%20no%20concept%20of,1%2C000%20microAlgos%20or%200.001%20Algos)) I know a lot of people aren't having issues with $1 gas fees on Ethereum and such, But if you were there in 2020, 2021. You know just how important low transaction fees are, for example: > * Low fees allow most people to use the defi ecosystem. With Ethereum, a lot of people were simply priced out of DEFI, or so scared of messing something up, cause every transaction was $20, $30, gone. > * Pera Wallet > * Pera Wallet is a nice simple wallet for most algorand users, it's made to be user-friendly, and was made by [HIPO and Algorand](https://blog.perawallet.app/its-official-algorand-wallet-is-now-pera-wallet-171561597664) themselves. You can also swap ASA's in the wallet itself. > * Blockchain Trilemma > * Scalability, decentralization, and security. Coined by Vitalik, the creator of Ethereum... Every good cryptocurrency has selected two of the three options above but cannot have all three. One of [Algorand's main goals](https://www.youtube.com/watch?v=MM24Vn8RJeo) is to disprove this and be the solution > * Decentralization > * [Governance](https://governance.algorand.foundation/governance-period-6) has been out for a while, Governance incentivizes people to hold their Algo, Firstly, you get Algo for committing your Algo to governance and voting on proposals, but if you move your Algo out of your governance wallet OR do not vote, you lose the governance benefits. > * The Algorand community has slowly been increasing the amount of Algo committed for each governance period, from 1.7B to currently 4B, showing commitment to the ecosystem. > * Algorand has a few types of nodes that keep the network running. Relay nodes do not participate in consensus but keep the network running in the background. There's about [120 relay nodes](https://www.algorand.foundation/general-faq#:~:text=How%20many%20relay%20nodes%20are,nodes%20on%20the%20Algorand%20network) running, a lot owned by Algorand. Participation nodes help keep the network running too and are included in governance and consensus voting. There are about 1500 participation nodes, some run participation nodes when running an algorand project, but in all, not too many run a node because of the lack of a large financial incentive, this really does go to show though even with a lack of a large financial compensation, algorand still has 1500 nodes. > * **DEFI** > * ASA's > * [Algorand Standard assets](https://www.youtube.com/watch?v=JGkQO5dfOOE&t=1110s). ASA's are just simple ways to deploy tokens, NFTs, and other things on the Algorand network. A lot of people say they act similarly to ERC-20 tokens on the Ethereum network. > * Programming > * Algorand "makes it simple to program on its blockchain"... "With Java, JavaScript (node.js and browser), Go, and Python SDKs, along with REST APIs, you can build on Algorand in your preferred programming languages." [src](https://www.algorand.com/hack) This makes it obviously really simple to build DAPPS on Algo, with the help of ASA's AND the help of subsidization from the Algorand Foundation, Defi will be doing well! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

Mentions:#DEFI#MM
r/CryptoCurrencySee Comment

Disclaimer: I am a btc maxi. I don't see a use case for ETH. No one has really identified a problem it solves. The whole DEFI space just seems like a less efficient credit system that requires far more collateral. All the other proposals I've heard for ETH and NFTs and smart contracts just sound like less efficient solutions to problems we've already solved. I am always open to examples that illustrate otherwise. Haven't seen any yet.

Mentions:#ETH#DEFI
r/CryptoCurrencySee Comment

What does EL/CL complexity standfor? I'd love a resource to read on that. There is risk in an evolving protocol like ethereum, however for me personally I sleep easy seeing how well the development team was able to research and upgrade to POS in a decentralized manner. It was an extremely difficult task to pull off. That bitcoin can't change even if a good portion of the community wants to adds risk to bitcoin when there is genuinely something wrong. Bitcoin's economic model with the block reward is only going to work for a few more halvenings. Miners will be incentivized to attack the network after a certain point due to the rising cost of securing the network combined with the falling block reward. I'm posting a real resource on this from real academic researchers, don't take my word for it, at least read the abstract and if it's compelling take a glance at the paper. https://www.cs.princeton.edu/~arvindn/publications/mining_CCS.pdf Here's the abstract. > Bitcoin provides two incentives for miners: block rewards and transaction fees. The former accounts for the vast ma- jority of miner revenues at the beginning of the system, but it is expected to transition to the latter as the block rewards dwindle. There has been an implicit belief that whether miners are paid by block rewards or transaction fees does not affect the security of the block chain. We show that this is not the case. Our key insight is that with only transaction fees, the variance of the block reward is very high due to the exponentially distributed block arrival time, and it becomes attractive to fork a “wealthy” block to “steal” the rewards therein. We show that this results in an equilibrium with undesirable properties for Bitcoin’s security and performance, and even non-equilibria in some circumstances. We also revisit selfish mining and show that it can be made profitable for a miner with an arbitrarily low hash power share, and who is arbitrarily poorly connected within the network. Our results are derived from theoretical analysis and confirmed by a new Bitcoin mining simulator that may be of independent interest. We discuss the troubling implications of our results for Bitcoin’s future security and draw lessons for the design of new cryptocurrencies. I'm like the opposite of you lol, I have a soft spot for BTC and hold some still but favor ETH far more at this point. I sincerely wish that BTC had added smart contract functionality back in the day, bitcoin should have be capturing a lot of this DEFI value imo.

r/CryptoCurrencySee Comment

Thankyou for the reply :) It's not being adopted in the same way bitcoin is, you're right, the use cases are different. I also agree that the people who don't want to scale layer 1 full stop are wrong and so does the ethereum foundation and most ethereum developers. In terms of use-cases outside of DEFI and crypto natives, companies are already building on and using ethereum. This will only grow overtime. The effort is largely being led by EY global and both Amazon and Microsoft Azure offer ethereum services. This is a comment I made to another user this thread that is relevant. https://old.reddit.com/r/CryptoCurrency/comments/17u6po3/please_fud_ethereum_to_me_from_an_ethereum_holder/k91q3sp/ https://ethereum.org/en/roadmap/danksharding/ Yes, this hasn't happened yet, it is a hard problem to solve and no other L1 has even taken a real crack at it to my knowledge. In terms of L2s having governance problems. I'll give you that there are economic problems in many of their governance token models but I'd also contend that many of ethereum's reputable L2s for users (arbitrum, optimisim, zksync) don't use their L2 token for transactions and users never have to even touch the governance token to use the L2. Every L2 I have used has transacted in native ethereum. The distribution of governance tokens on these protocols could and likely will pose a problem for some of them in some years time, others I'd contend will find some stability in the same way that some companies find stability when they provide a service to the market. More blockspace on ethereum is a service that people are willing to pay for. "Ethereum killers" can't do everything ethereum can do for cheaper. I have yet to see one that isn't sacrificing decentralization on its core protocol in some way in order run marketing around having cheaper transaction fees.

Mentions:#DEFI
r/CryptoCurrencySee Comment

From the comments I notice there's 2 type of people: 1. Those who know SOL is fundamentally shit, they know all the red flags, and have common sense, then they either watch on sidelines, or make fun of SOL from time to time, or maybe they even "gamble" some money into SOL because they know even a shitcoin can have irrational price action in short term, but regardless people in this group will never "invest" into SOL, especially not with serious amount of money and long term investment plan. 2. Those who ignore all the red flags, knows nothing about finance and math, doesn't understand how \~58mil of SOL to be liquidated by FTX can translate into long term constant selling pressure, think they can absorb all those sell pressure if they "work together, DCA with their monthly income", and gamble irrationally into SOL and thought themselves are "investors". I am probably a guy in the first group, I don't even need to bring up why SOL is fundamentally trashed, as there's many post about that already, including the video's shared by OP. But I have to admit at some times I actually thought about gambling some money with SOL, profit from short term irrational market, but will surely not mistaken it with invest, it's just gamble, that's it. (Though I didn't do it yet) As for the second group of people, those are usually the most gullible people, most of them make money in one investment, then quickly lose in another, because they never knew how they make/lose money every time, they just blindly trust whatever shit comes first, then reject every other sensible objection. They ignore the fact that FTX's have \~58,000,000 SOL trying to sell of the market, and [30% of that or \~17,543,782 SOL has been vested](https://docs.google.com/spreadsheets/u/0/d/13nUTrm59lUjOiQPbtXD44JW0KLm-OXmZLMURzZeu888/htmlview#gid=0), and right now only a small part of them have been sold, then they ignore the fact that even [just moving 750,000 SOL into CEX cause SOL to drop 5% within 24 hours](https://www.coindesk.com/markets/2023/11/06/sol-drops-5-as-ftx-estate-transfers-tokens-to-binance-kraken/), if they actually are a little bit smarter, they would go to a few major CEX, combine all the buy order book on SOL, and see how thin the order book it is that if those 750k SOL are sell at market it can cause a crash of more than 50% (Of course I know they won't sell with a market order, obviously, but this is just to give an idea how thin it is of the orderbook.) Then lastly they also ignore all the other facts, such as SOL has been almost just hype and no actual real application and activities, no DEFI activities, not enough revenue for covering the network cost, and the entire network is run on hopium, price inflation from irrational buyers with a mind to sell it at "higher" price, **basically operate like a Ponzi, so here's the question, do you guys think there's an infinite amount of "new" buyer buying every time to let the previous buyer sell at a higher price?**

r/CryptoCurrencySee Comment

Probably around 50% Cold Storage, 40% DEFI, 10% CEX. Aave is the most professional feeling lending platform of those listed IMO

Mentions:#DEFI#CEX#IMO
r/CryptoCurrencySee Comment

Yes , about 10% BTC , 0 eth fuck this shit . Many low market cap coin many DEFI related ,crypto on Cosmos . A few Ai relates one . Portfolio up by about 100% last 2 weeks .

Mentions:#BTC#DEFI
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