$PULI News Update: Puli has earned the coveted Blue Checkmark. The Blue Checkmark on BscScan represents a token or project of public interest. The token page with The Blue Checkmark is also displayed first and more prominently during a search on BscScan, prioritizing a genuine token. Up next: NFTs!!
![gif](giphy|h1QI7dgjZUJO60nu2X|downsized) Satoshi is not Paul Le Roux. Satoshi is part of an advanced extraterrestrial civilization that has been monitoring the earth all this time. That species has brought us BTC to empower the people since they experienced the same problem in the past, centralization. To evolve and survive the human race must decentralize.
![gif](giphy|h1QI7dgjZUJO60nu2X|downsized) The part of the United States government that wants to destroy cryptos made SBF believe that it was their friend and took advantage of him to harm crypto as much as possible. The first move was to make FTX destroy LUNA and after all they fooled SBF and destroyed FTT and FTX. Also the account of the Korean friend of SBF is Do Kwon.
>The main issue is that DeFi is mostly disconnected from the real world. You trade crypto for crypto, lend crypto by colleterizing with crypto, etc. You do not leave the crypto bubble. This is true, but also consider this: You land on DeFi because you're escaping the FIAT bubble. The endgame would be a 100% decentralized on/off ramping protocol that doesn't collect KYC nor relies upon other centralized institutions such as banks. Sort of what we already do with gift cards but in a much more serious and user-catered way. and even that derives its value from USDC majorly, I'd like to see that reliance on centralized entities to maintain a peg diminish, which makes a case for alternatives like MAI which derives its value from over-collateralized assets within QI protocol's vaults. The endgame would be a 100% decentralized on/off ramping protocol that doesn't collect KYC nor relies upon other centralized institutions such as banks. Sort of what we already do with gift cards but on a much more serious and user catered way. I've certainly had 0 issues operating on DeFi and then bringing the value of those assets over and back from FIAT on my personal experience. >I also wouldn't compare Ethereum to Bitcoin regarding use cases. Neither would I, but I certainly see how bringing DeFi to the bitcoin network would be a pretty solid idea considering it gives a medium for the store of value to be used.
That's true for all of crypto though. The good ones aren't and that's about it for what that argument is worth. You might be too young to remember when people said that about BTC, same goes for ETH, and now the same can be said about good DeFi products like AAVE, Curve, Uniswap, Quickswap, QI, Balancer, Indexcoop, MakerDAO etc. > Most DeFi usecases do not exist for the average users That's only true if your depiction of an average user is a first-world citizen with an already viable and stable economy. For those of us living in countries where our governments are corrupt, our currency is a worthless, inflationary piece of shit, and our taxes are criminally high to the point of deterring all and any forms of investing, **DeFi is the only viable financial system we have**. Think about it this way, in many countries around the world DeFi is still less volatile than our TradFi economies, and less of a scam than out governments.
![gif](giphy|h1QI7dgjZUJO60nu2X|downsized) Sam Bankman Fried is secret Putin son who has been trained to make friends with Gary Gensler and democrats to make them believe he is the good guy. When he was on top of crypto exchanges in 2035 he would activate The motherland plan to block all the capitalist countries money and withdraw it directly to Russia to make URSS great again.
I'm doing pretty good actually, short on USDT paid just a smidge, my GNS/DAI farming was de risked and retaken at the right moments, the DAI principals keep growing on QI and I took profits to buy BTC at 16.5K which was a possible entry target. Not your keys not your tokens.
And yet here’s some charts: https://www.google.co.uk/search?q=ltc+bch&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari https://www.google.co.uk/search?q=etc+bch&client=safari&hl=en-gb&ei=VaBsY5u3L8Sp8gK05JSwCA&oq=etc+bch&gs_lcp=ChNtb2JpbGUtZ3dzLXdpei1zZXJwEAMyBwgAEIAEEA0yBggAEBYQHjIGCAAQFhAeMggIABAFEB4QDTIICAAQCBAeEA0yCAgAEAgQHhANMggIABAIEB4QDTIICAAQCBAeEA06CggAEEcQ1gQQsAM6BQgAEIAEOgUIABCRAjoKCAAQsQMQgwEQQzoECAAQQzoRCAAQjwEQjwEQ6gIQjAMQ5QI6DwgAELEDEIMBEEMQRhCCAjoICAAQsQMQkQI6BwgAELEDEEM6CwguEK8BEMcBEIAEOgsILhCABBDHARCvAUoECEEYAFD1DVjPNGDOOWgCcAB4AIABjAGIAYEIkgEEMTIuMZgBAKABAbABD8gBB8ABAQ&sclient=mobile-gws-wiz-serp Pretty clear which way this chart is going!
You just described the entire financial system though. There's a reason the average stock P/E ratio is 16, you're paying **16 times** the amount of earnings you'd get for your share of the company. Gold? Why is gold valuable even to this day? Because it doesn't debase as much as the dollar? Doesn't BTC do exactly that? Aaaand, finally, selling for more than you bought isn't *the only way to profit from crypto*. You get LP comissions, DEX emissions, Revenue sharing, it's an actual fucking industry with cashflows and revenue accrual now, you should do a bit of research. DeFi protocols that are profitable are highly sought after because their business model is viable and generates income. Things like AAVE, Curve, Uniswap, Maker DAO, FRAX, Beefy, QI, all take a cut from every trade, every deposit, every token pair, and holding the token allows users to get a share of that distributed to them, hence why those tokens have demand. It's exactly like stock, but decentralized.
Too many coincidences right? ![gif](giphy|h1QI7dgjZUJO60nu2X|downsized) G7 powerful people, paid Do Kwon to make a deal with a shady company in the dark so they could get tons of Luna. Then they messed with the stable coin the way Do Kwon told them to destroy it. Now govs look the good guys trying to "protect" people.
Try to open an account with bitpanda and buy BTC there. It's one of the places that I know of within the EU that on-board US citizens. Most banks and financial institutions don't want US citizens because it is a very difficult process (read about QI and FATCA). In the EU a driver's licence indeed doesn't mean dick as it is not a valid ID document. You can have an actual ID or a passport to identify yourself.
tldr; Float Capital is using Chainlink Price Feeds to help it launch Magic Internet Assets on Avalanche. Chainlink is the industry standard for on-chain pricing data. The data is used to create tokenized perpetual swap pools with floating exposure to price movements. Float has shipped four DeFi markets backed by DAI, AVAX, JOE, QI and SPELL. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
If you own SAND you can simply stake at 35% apr on polygon, or farm a SAND-MATIC pair at 60% apr. You can even farm MATIC-QI pair at 70% apr, auto compounded to 120%... I don't see any other low IL and high apy pools that aren't risky... Farming uniswap V3 LPs on popsicle finance is also pretty cool pairs like ETH-MATIC give a solid 30% on V3... I choose polygon network because the gas is pretty damn low...
tldr; QiDAO, a decentralized finance protocol built on the Polygon network, has suffered $13 million in losses from a security breach. The vulnerability does not involve Qi DAO’s main contracts, but a vesting contract which QiDAO had deployed using programmable smart contract framework, Superfluid. The hacker made away with staked QI and other assets vested by the project team. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Polygon’s native stablecoin protocol QiDAO faced an exploit on its Superfluid vesting contract leading to a 65% drop in the price of the governance token QI. The hackers behind the attack managed to get away with $20 million worth of tokens including 24 WETH, 562,000 USDC, 44 SDT and 1.5 million MOCA. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
there’s two kinds of bitmaxis. The ones that believes that bitcoin is the king and will remain to do so and believes there’s value in other projects, just not the same as bitcoin. And there’s the 70 QI people that think every coin that isn’t bitcoin is a shitcoin.
Oh yea bought the QI DAO governance token after a 70% correction in May thinking I was getting a steal. Boy was I wrong. Sold at a 40% loss and moved on to ETH. Glad I did because QI never came back to my price point even after the market came back later in the year.
Not always. Look at recently listed Benqi (QI) and Jasmy (JASMY). Both kinda pumped on the day in an extremely short period of time and then have continued to nose dive since. I suppose if you want to day trade and try and gamble then go for it but keep in mind in the current market conditions it will be a big gamble.