Investing in projects (soft rugs/ponzis/weak forks) boasting insane (unsustainable) APY's, with funding I didn't do much to earn (BAT/promo rewards/donations).
"If it sounds too good to be true, set slippage to (at least) 8% & throw money into it as fast as possible." - The #Degen credo, for those critical moments when "due diligence" is the only thing between You & that APY with 200% dAiLy ReTuRnS. #TLDR#DeFi#YieldFarming#YOLO. ๐ฅ๐ต
@Badger_LFC @Meerkah@RepThomasMassie It's not all Americans...I'd say most Americans don't think like that. I think "the silent majority" has the capacity for nuanced thought, but the "Whatabout" tribalists are more vocal & so it only appears that they represent the majority...Twitter seems to attract those types.
@CoinSurveyor Paid in BTC, you say?? You mean I don't have to risk getting paid in an obscure, slippage-hungry one-off...that's so volitile, it ends up being worth less than I invested?? We can't be thinking of the same DeFi, you and I. That said, I'ma be lurking.
@coingecko A job in finance might sound boring to you, Little Jimmy, but here this - there's no such thing as "monotany" when your primary income source can, on any given day, be anywhere between "oh shit I just lost my last $5" to "oh shit now I owe $500000 in taxes".
@yieldwatch Why is the unaudited fly-by-night protocol (with the token that requires 50% slippage for trades) not showing up on my dashboard?? Is there a 2nd paywall for the chad yields??