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The8839587826 activity

The8839587826 commented on Is the bear market ower?

World economies are in recession, bonds might be in serious trouble, job market seems good but it's a lagging indicator, lots of worrying signals in general. Whatever about the current crypto market, I think we might not be over the worst. I hope I'm wrong, of course.

The8839587826 commented on Can you explain the proteo economic model to me and why it's so innovative?

You should read the docs or watch on YouTube for the GoGuyGo interview with Jose. For me one of the most innovative aspects of the project is the ability to use LP tokens from other DEXs - e.g Maiar and AshSwap. This means that as LP tokens leave a DEX to be used on ProteoDeFi the APRs will rise without impacting liquidity. It's a symbiotic relationship. There are other innovations besides but this is the one that hooked me

The8839587826 commented on What’s the right tg group?

@proteodefi I think it's probably the most exciting project on Elrond at the moment. I'd alo put AshSwap and QoWatt up there. I don't see Proteo as just another DeFi project with high APRs etc. I'm excited about it because it will ultimately help with Maiar DEX and any partnered DEXs without diluting liquidity. But if you had of asked me 6 months ago if Celsius was a place to park your funds I would have emphatically said YES. So DYOR, of course.

The8839587826 commented on What happen when peoples get their funds back?

A huge exodus will follow and they have to plan for this. Again, Simon Dixon is making some sweet sounds about options for Celsius. It's worth starting here https://twitter.com/TheRealPlanC/status/1543381004923985920 As I said he has done 3 really long AMAs since then and is planning another today. (All on Spaces so you likely have to scroll through his twitter feed to find them). He's actually a very impressive guy. Surprised I never heard about him before Celsius went tits up.