DegenAgainstTheMachine
1.2K posts

DegenAgainstTheMachine
@AgainstDegen
in crypto since 2017 just posting random takes
Stuck on uniswap due to gas Katılım Nisan 2021
905 Takip Edilen352 Takipçiler

@BitImmortal maturations, ethena, 10/10 and whole market taking a beating. Probably the best defi project around and positioned insanely well for the next years. defi regulatory clarity attracting tradfi, RWA tokenized yields, Boros tokenized perp dex funding rates .
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@NaveenCypto @pendle_fi dude where can i find more info on the tokenomics change?
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@TheDeFinvestor What i don't get is why there are so few mentions of pendle. Outstanding project and positioned incredibly well for RWA and Boros stands to profit massively from the perp dex takeover. By far my favorite defi protocol for the time being
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@patron4eg Barrier of entry is too high imo. Would have been smarter if they launched this with 0 upfront cost and charged a fee for 1 month post launch based on volume.
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#PNKSTR I’ve fixed in 10% of my position at $0.07.
It’s an excellent product, but so far, apart from interest in $PNKSTR itself, there is zero real activity. Yes, the other networks haven’t launched yet, but along with the main platform launch, contract owners have only launched 2 tokens at a cost of 1 $ETH per listing, and I don’t see the expected boost from those royalties. There are new recursive tokens, but there’s no volume there yet and the launch is very cheap at 0.01 $ETH.
I have no doubts about the project’s fundamentals or that it will perform sooner or later, but apparently not right now...
It’s possible we’ll keep growing a bit more on market momentum and new money inflows, but I think the token should pull back quite a lot.
❗️There is a chance that somehow $PNKSTR will start a parabolic move with no pullbacks and then everything else will catch up - including interest in the platform, trading activity, volumes - or maybe someone will deliberately trigger this process, like OpenSea or some fund Adam quietly made a deal with.
But for now I’m partially taking profits to feel comfortable.

PaTRoN@patron4eg
#PNKSTR I’ve been waiting for this for so long, my friends. I’m insanely curious to watch this experiment unfold. The launch will be at 11am EST. We’re starting on Ethereum mainnet only; other networks will be added gradually so as not to overload the community. To me, it all looks as close to perfect as it gets...
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TokenStrategy is now live for public launches.
Live at tokenstrategy.com 💫
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DegenAgainstTheMachine retweetledi

Next Tuesday, we will open the TokenStrategy platform for public launches.
All strategies are autonomous.
They are fully onchain, and without oracles.
And most importantly, strategies will exist forever, for as long as the underlying chain remains operational.
To launch an NFT (ERC721/ERC1155) or Fungible (ERC20) Strategy, you MUST be the owner of the underlying contract (or contact our team) and pay a deployment fee.
We are also introducing a new type of Strategy on Tuesday:
Recursive Strategies.
These strategies have NO underlying asset and use all fees to buy itself in perpetuity.
All 3 Strategy types - NFT, Fungible, and Recursive - will be able to be deployed on Ethereum, Base, and Monad on release day.
Reach out to us if you're planning on launching a Strategy and want guidance beforehand.
Happy Thanksgiving.
- TokenWorks
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@EpicToneDogg @huuep @kingpunkape @BTCbabbies @TheRoyals_DMT You are forgetting payc. Kings first collection
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@huuep Each collection by @kingpunkape takes things to a new level. @BTCbabbies, Art for the People, @TheRoyals_DMT and Atomic Bitcoin Butt Flowers. IYKYK

GIF

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gm artists + collectors☀️ Let's celebrate Art on Bitcoin - drop some art below!
I'll start. A line. On-chain art is in its infancy. We're exploring what we can do with the new medium. This piece is the first known recursive inscription using p5.js, opening up many possibilities for on-chain creation!

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Introducing usestrategy.fun
We’re preparing to launch a set of new features built on top of @token_works, all designed to strengthen and accelerate the NFTStrategy flywheel.
Our first phase will focus on iterating with our community before rolling these features out to existing strategies like $VIBESTR and $CHIMPSTR.
If you’re interested in launching a strategy through our platform and helping us refine the product, feel free to reach out.

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I was never sold on Web3 gaming it was doomed from the beginning. Imo what we need are web2 games implementing some parts of web3 tech. Imagine wow where in game items are tradeable nfts for example or in-game gold is an actual token. These markets already exist they are just illegal and part of the black market. Would make players be able to legally make a buck and get value out of their invested time instead for having to opt in to illegally sell stuff. Legitimizing the already existing multi billion black gaming market through web3 tech is where I see value
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crypto gaming is dead.
1/
I’ve been a crypto gaming maxi for the past 4 years. Played everything from browser, mobile, TG to PC.
We were early but I believed in the potential.
2/
But lately? It’s been getting grim. Studios shutting down overnight, “next big thing” games disappearing, teams going radio silent.
The vibes are off.
3/
So after years of coping, I decided: fck it, let’s install Steam again.
Mind you, the last web2 games I played were Shadowlands and Overwatch.
4/
Naturally, I started with what I know best: CS2.
Felt good. Tight. Polished. Zero token BS.
5/
Then I bought Cyberpunk 2077 + Phantom Liberty.
Holy. Fcking. Shit.
Modern AAA games are insane now. the engine, story, immersion. I was actually shocked and this was a 2020 game.
6/
Next up, ARC Raiders.
At this point I’m like: “Yeah… web3 games are fckd.”
7/
Because here’s the truth nobody in crypto gaming wants to say out loud:
Aside from the quality gap, web3 gaming is fundamentally flawed.
8/
The players aren’t players.
They’re either investors or farmers.
Both dont want to lose money.
Both groups expect upside.
Neither actually cares about gameplay.
9/
These so-called “assets” we’re grinding for?
They’re fairy dust. And trust me, I’ve collected a lot of fairy dust over the years.
10/
So yeah… this is it.
The end of my crypto gaming journey.
This is my last extraction.
11/
And soon, it’ll be everyone else’s too.
When the music stops, the only thing left will be VCs holding bags and retail waiting for the “next cycle”.
12/
Remember: this whole space is fueled by speculation first, fun second.
You either leave early…
or you stay until the last penny drops.
The End.
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@TheAntAcademy @NFT1nsight @ChimpersHQ @PunkHot10 I only hold pnkstr but im beyond happy to see this. Strategists together stronk
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Yea that's what i mean. Use 1-5% of nfts in treasury as collateral to borrow usdc and then farm stable pairs for example. At the same time the strategy defends floor price to reduce risk of liquidation.
I thought of the airdrops too and that's another yield opportunity.
There are many possibilities here we are witnessing an emerging market in its infancy. anyone that trashes and calls this a ponzi is too narrow sighted imo
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@AgainstDegen What do you mean exactly? Will strategies leave their NFT as collateral and borrow ETH/USDC? It would also be nice if strategies were eligible for airdrops for holding NFT.
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What we are witnessing with $CHMPSTR and $PNKSTR is only the beginning.
This will eventually evolve and strategies will use some of the acquired nfts as collateral for stablecoin loans which then generate yield.
lending / fractionalized ownership at a premium
liquidity providing
All profits will then be redistributed to token holders and creators
On top of this we ll eventually get defi integration of the tokens themselves aswell.
Interesting to see where this all leads
BP@everyonebpup
Market is ruthlessly re-pricing collections based on a single variable, is project extracting value from holders, or are holders core economic beneficiaries? @ChimpersHQ and @goodvibesclub have turned nft from a consumable good into a productive asset making old model of static pfps look as obsolete as digital beanie babies
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@gerryrwx @token_works I am looking forward to the public launch. Wonder if $pnkstr will have any added utility on the platform. Implementation of strategy tokens in defi would be really cool aswell
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Strategy Tokens are a new meta that will only grow in adoption.
TokenWorks' NFTStrategy launchpad is to Strategy Tokens what the Virtuals Protocol launchpad is to AI Agent Tokens.
PunkStrategy $PNKSTR is not just the CryptoPunks strategy token it was chosen by @token_works as their ecosystem token.
As a holder of PunkStrategy you not only want CryptoPunks to succeed you want every strategy in the
NFTStrategy platform to suceed aswell.
1% of the 10% tax fee for buy/sell for every strategy token goes to the buy and burn of PNKSTR.
nftstrategy.fun
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@stacksbyx This could get interesting real fast with the upcoming public launch of the @token_works platform
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@0xnatluS its fine strategy tokens thrive on volatility.
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