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re: Official CryptoTalk Thread
Posted on 6/15/21 at 9:09 pm to Ross
Posted on 6/15/21 at 9:09 pm to Ross
Have to take on the risk of an altcoin's volatility.
That's what I like so much about this iron finance usdc-iron pool on Polygon. Insane APR/APY. IDK how long 500% APR on a stablecoin pair will last but I'm riding that wave as long as possible.
That's what I like so much about this iron finance usdc-iron pool on Polygon. Insane APR/APY. IDK how long 500% APR on a stablecoin pair will last but I'm riding that wave as long as possible.
This post was edited on 6/15/21 at 9:10 pm
Posted on 6/15/21 at 10:33 pm to Hulkklogan
I’m doing canary on yield yak. It’s basically just staked auto compounding. Currently at 560%apy. But with auto compounding it’s over 10000% apy
Posted on 6/15/21 at 11:00 pm to trux83LSU
quote:
I’m doing canary on yield yak. It’s basically just staked auto compounding. Currently at 560%apy. But with auto compounding it’s over 10000% apy
So its easy to convert to BTC and withdraw?
Posted on 6/16/21 at 5:25 am to James11111
Well it’s on the avalanche network so you would have to go through some steps to do it.
eta
kucoin is listing xava which is an avalanche native token. So if you set up metamask for the avalanche network, you can buy xava and send to metamask and then you are good to go on using avalanche defi.
eta
kucoin is listing xava which is an avalanche native token. So if you set up metamask for the avalanche network, you can buy xava and send to metamask and then you are good to go on using avalanche defi.
This post was edited on 6/16/21 at 8:06 am
Posted on 6/16/21 at 7:20 am to Hulkklogan
quote:you can put that LP on beefy finance which will auto compound it for 30,000% APY lol. The big risk with the pool is IRON losing its peg (in addition to the inherent risks with any of these pools), which it’s currently off its peg at $0.9728
That's what I like so much about this iron finance usdc-iron pool on Polygon. Insane APR/APY. IDK how long 500% APR on a stablecoin pair will last but I'm riding that wave as long as possible
ETA: Looks like it’s back to peg already. Not bad
This post was edited on 6/16/21 at 8:05 am
Posted on 6/16/21 at 9:16 am to trux83LSU
I have also been trying out different Dapps on different networks and really like the polygon matic network and binance smart chain.
if anyone is interested in different network, sushsi swap app allows you to connect with several different forks of ethereum with metamask including the following eth forks:
Ethereum
Fantom
BSC
Polygon (Matic)
Heco
xDai
Harmony
Avalanche
OKExChain
Sushi swap will add these networks to your metamask, but you can also do it manually by adding a local rpc network and filling out the Network Name, New RPC URL, Chain ID etc, when you use the network drop down menu.
Dapp Radar list many different upcoming and popular Dapps for various networks and many defi ones that have yield farms. Anyone reading should be careful and do your own research about choosing which Dapp to use however, some of the more established Dapps seem to be considered more trustworthy then many of the new ones coming out. However with the risk of the newer Dapps, they can offer very high APR/APY percents which can bring people on board, but it hard to know from the get go.
if anyone is interested in different network, sushsi swap app allows you to connect with several different forks of ethereum with metamask including the following eth forks:
Ethereum
Fantom
BSC
Polygon (Matic)
Heco
xDai
Harmony
Avalanche
OKExChain
Sushi swap will add these networks to your metamask, but you can also do it manually by adding a local rpc network and filling out the Network Name, New RPC URL, Chain ID etc, when you use the network drop down menu.
Dapp Radar list many different upcoming and popular Dapps for various networks and many defi ones that have yield farms. Anyone reading should be careful and do your own research about choosing which Dapp to use however, some of the more established Dapps seem to be considered more trustworthy then many of the new ones coming out. However with the risk of the newer Dapps, they can offer very high APR/APY percents which can bring people on board, but it hard to know from the get go.
Posted on 6/16/21 at 1:29 pm to OneMoreTime
quote:
you can put that LP on beefy finance which will auto compound it for 30,000% APY lol. The big risk with the pool is IRON losing its peg (in addition to the inherent risks with any of these pools), which it’s currently off its peg at $0.9728
ETA: Looks like it’s back to peg already. Not bad
Its peg mechanisms have been thoroughly tested through multiple 50-60% dips on TITAN. It seems like a pretty solid stablecoin. TITAN is tanking today, though. From $60 down to $20 right now, and TVL on Iron has gone from >2B to 1.7B.. Wondering if it's going to recover and I should buy some.
Posted on 6/16/21 at 2:53 pm to Hulkklogan
https://twitter.com/CoinbasePro/status/1405251550679867402
quote:
Coinbase Pro
@CoinbasePro
We are experiencing technical issues that will temporarily delay the launch of SHIB on Coinbase Pro. At this time we are disabling deposits of SHIB; withdrawals are still available. We will provide an updated timeline for restoring deposits & enabling trading as soon as possible.
Posted on 6/16/21 at 3:25 pm to boomtown143
got 5 million SHIB LFGGGGGGGGGGGGGGGG
Posted on 6/16/21 at 4:34 pm to Hulkklogan
woof Titan just dying out here. It's automatically sold to try to stabilize IRON and maintain the peg. Now I'm glad I sold off my TITAN
. Cashed out my IRON in case the peg completely fails.
This post was edited on 6/16/21 at 4:40 pm
Posted on 6/16/21 at 5:23 pm to Byron Bojangles III
quote:
got 5 million SHIB LFGGGGGGGGGGGGGGGG
SHIB army!
Let’s get that penny!!!
Posted on 6/16/21 at 5:30 pm to NoSaint
I got a fricking mailer for Hex today 
Posted on 6/16/21 at 5:59 pm to CE Tiger
Bonfire had a great Ama today - not a meme coin anymore - sign a contract with chainlink - just got an influx of money from a capital investment firm.
worth checking out.
Also Charles Hoskinson has a 5 hour podcast with Lex Fridman that is very good.
worth checking out.
Also Charles Hoskinson has a 5 hour podcast with Lex Fridman that is very good.
This post was edited on 6/16/21 at 6:00 pm
Posted on 6/16/21 at 6:29 pm to NashvilleTider
quote:
Also Charles Hoskinson has a 5 hour podcast with Lex Fridman that is very good.
I’m about an hour in and expect to really understand .001% of it.
Posted on 6/16/21 at 6:31 pm to CE Tiger
quote:Richard probably has a trillion dollars to blow. Why not send out mailers. Lol
I got a fricking mailer for Hex today
Posted on 6/16/21 at 6:38 pm to CE Tiger
quote:
I got a fricking mailer for Hex today
Don't buy any
Posted on 6/16/21 at 7:08 pm to boomtown143
For those interested, looks like TITAN tanked today bc someone found an exploit (but it's just usage of the built-in functions of the protocol) that allows them to infinitely mint TITAN.
Woops!
Woops!
This post was edited on 6/16/21 at 7:19 pm
Posted on 6/16/21 at 9:14 pm to Hulkklogan
lmao even mark Cuban took an L with that one
Posted on 6/16/21 at 9:17 pm to rocket31
Yeah I am super glad I stuck to the stable LP
The devs are going to undo all of the exploited functions, but at this point the protocol is probably too poisoned.
The devs are going to undo all of the exploited functions, but at this point the protocol is probably too poisoned.
Posted on 6/16/21 at 9:35 pm to boomtown143
quote:
Don't buy any
Eh, Im up 200% this past month on it and got 80k staked as free coins. It just keeps going up
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