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Zamujasa posted:safer stablecoins surely it wouldn't happen again
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# ? May 22, 2022 06:33 |
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# ? Apr 26, 2024 22:14 |
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i mean the fundamentals and the bright, vibrant community were all there, it was a fluke last time
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# ? May 22, 2022 06:34 |
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qirex posted:for sale: bored ape, never slurped
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# ? May 22, 2022 06:38 |
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When I was out running yesterday I passed a kid wearing a t-shirt that said "SLURP Juice" on it. Is that a thing outside of crypto? I felt like I was losing my mind.
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# ? May 22, 2022 08:00 |
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it's a fortnite thing, please enjoy this line from the fortnite wiki which i'm pretty sure is multiple secret agent activation phrasesquote:The Slurp Juice was vaulted on the Chapter 2 Season 1 update. It was vaulted due to the Slurpy Swamp area and Slurpfish to have the same effect as the Slurp Juice, by breaking Slurp Barrels or Trucks or standing in Slurp water.
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# ? May 22, 2022 08:02 |
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yeah there's nothing worse than unvaulted slurp juice.
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# ? May 22, 2022 08:10 |
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why do videogames have both chapters and seasons now
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# ? May 22, 2022 08:11 |
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Sunset found her squatting in the grass, groaning. Every slurp was looser than the one before, and smelled fouler. By the time the moon came up she was minting slurp water.
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# ? May 22, 2022 08:33 |
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Shame Boy posted:why do videogames have both chapters and seasons now can’t sell season passes without seasons duh
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# ? May 22, 2022 08:38 |
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Boxturret posted:Sunset found her squatting in the grass, groaning. Every slurp was looser than the one before, and smelled fouler. By the time the moon came up she was minting slurp water. Why my ape smelling like slurp juice?
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# ? May 22, 2022 08:47 |
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trucutru posted:From their website that's a lot of words that seems to be trying to hand wave away "you give us 10k, we give you 3k" as not being a terrible deal whatever way you look at it
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# ? May 22, 2022 09:52 |
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also big lol at "this is our special trick!" Which is totally a thing financial institutions say and is not a big red flag no sir
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# ? May 22, 2022 09:53 |
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Boxturret posted:Sunset found her squatting in the grass, groaning. Every slurp was looser than the one before, and smelled fouler. By the time the moon came up she was minting slurp water.
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# ? May 22, 2022 09:59 |
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Powerful Two-Hander posted:that's a lot of words that seems to be trying to hand wave away "you give us 10k, we give you 3k" as not being a terrible deal whatever way you look at it I could not help but do an “it cannot possibly be this stupid, they must be explaining it wrong” reading this. So the “10k” you give them can be a volatile meme shitcoin, while the “3k” they loan you is in “dollar equivalents”. It is explicitly expected that you use the loan to buy more baby elon coin. But, the stability of the “dollar equivalent” now fundamentally depends on the returns generated by the shitcoin “10k” collateral, because this return is the only reason for people to hold the stable coin in the first place. So the logic is “we have to over-collateralise these loans because the collateral can crash any minute” and also simultaneously “the huge interest on these loans is backed by the guaranteed passive returns generated by the collateral”.
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# ? May 22, 2022 10:54 |
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DashingGentleman posted:So the logic is “we have to over-collateralise these loans because the collateral can crash any minute” and also simultaneously “the huge interest on these loans is backed by the guaranteed passive returns generated by the collateral”. you just have to make sure that the people who know (a) never meet the ones who know (b)
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# ? May 22, 2022 12:15 |
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don't forget that if the returns go down you have to post more collateral! It's like the loans are arranged in a pyramid shape you see because......
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# ? May 22, 2022 12:49 |
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just catching up on the grey thread and saw this mentioned, which I don't think came up here. stopping in to have a sensible chuckle https://cryptoslate.com/scream-protocol-losses-millions-to-stablecoin-depeg/ quote:Scream, a decentralized lending protocol on the Fantom network, incurred a $35 million debt after failing to adjust the prices of two stablecoins that lost their peg on its platform.
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# ? May 22, 2022 12:59 |
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return 4 is an RNG, return 1.0 is a smart contract
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# ? May 22, 2022 13:02 |
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I wanna buy, I wanna shill I wanna $SCREAM till the ticker's still So put it in all the white papers I'm not afraid They can read about butt coin, read about butt coin, oh oh
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# ? May 22, 2022 13:11 |
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Powerful Two-Hander posted:don't forget that if the returns go down you have to post more collateral! It's like the loans are arranged in a pyramid shape you see because...... Most of what they describe is ordinary finance stuff including the collateral part. The ponzu scheme is in that none of it is actually true.l about the returns it generates.
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# ? May 22, 2022 13:19 |
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Hammerite posted:just catching up on the grey thread and saw this mentioned, which I don't think came up here. stopping in to have a sensible chuckle loooooooooooooooooooooool george soros did something similar to all this to the bank of england decades ago to the tune of £1.5bn or something like that because they insisted on maintaining a fixed exchange rate between pounds and one of the german marks.
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# ? May 22, 2022 14:00 |
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Shame Boy posted:why do videogames have both chapters and seasons now games last forever now
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# ? May 22, 2022 15:32 |
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Powerful Two-Hander posted:don't forget that if the returns go down you have to post more collateral! It's like the loans are arranged in a pyramid shape you see because...... ...because we want our scheme resting on the firmest of foundations/fundamentals, and structurally pyramids are a very stable shape, financi-physically speaking
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# ? May 22, 2022 16:42 |
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frankly it's insulting you might question the configuration shape of our fundamentals and speaks quite poorly of your schooling
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# ? May 22, 2022 16:43 |
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thus, we do not believe you will make it
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# ? May 22, 2022 17:08 |
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please enjoy your time being challenged, socioeconomically.
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# ? May 22, 2022 17:09 |
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# ? May 22, 2022 18:21 |
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haha what https://twitter.com/iamjasonlevin/status/1527316023614918656 https://twitter.com/iamjasonlevin/status/1527316025762426880
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# ? May 22, 2022 18:23 |
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pray to almighty satoshi (may his teeth ever grow) for my immortal soulbound tokens
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# ? May 22, 2022 18:26 |
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new from ether: NMT, non moveable tokens! once you create the toke you can't do anything with it, you can't sell it, transfer it, destroy it, or hide it in any way!
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# ? May 22, 2022 18:26 |
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SBTs are the ultimate butt coins, because just like you can't sell your butt to someone else. you can't sell an SBT
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# ? May 22, 2022 18:28 |
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Finally, a solution to a problem nobody had.
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# ? May 22, 2022 18:28 |
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2019: "nocoiner" 2021: "right-clicker" 2023: "soulless"
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# ? May 22, 2022 18:29 |
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I sold my Soulbound Tokens to Bitcoin Satan ()
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# ? May 22, 2022 18:31 |
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I love when a hacker compromises my private keys and now controls my soul
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# ? May 22, 2022 18:33 |
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And what exactly would prevent you from giving full access to your soul wallet to someone else? It can't be tied to your name or passport, as people often change those, so how would you guarantee the soul wallet belongs to the person who has access to it? E: ???????? https://twitter.com/Ada_weird/status/1528419360250945537 Paladinus fucked around with this message at 18:37 on May 22, 2022 |
# ? May 22, 2022 18:33 |
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Paladinus posted:And what exactly would prevent you from giving full access to your soul wallet to someone else? It can't be tied to your name or passport, as people often change those, so how would you guarantee the soul wallet belongs to the person who has access to it? we just need some sort of way to permanently, verifiably tie a wallet to a human, on this, the magic. anonymous ledger
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# ? May 22, 2022 18:37 |
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Paladinus posted:And what exactly would prevent you from giving full access to your soul wallet to someone else? It can't be tied to your name or passport, as people often change those, so how would you guarantee the soul wallet belongs to the person who has access to it? that's an impressive amount of gibberish, even for a bitcoiner
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# ? May 22, 2022 18:39 |
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SBT. Sock and Ball Torture.
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# ? May 22, 2022 18:39 |
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# ? Apr 26, 2024 22:14 |
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Chris Knight posted:haha what This is just public key pair signatures with a bunch of extra stupidity glued onto it.
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# ? May 22, 2022 18:40 |