Imagine a global money-market leveraging only the "wisdom of the crowd".
Open for business 24/7 to anyone in the world.
Community-run, community-owned.
Hundred percent.
Join the real #DeFi revolution @PercentFinance
💯 #PercentFinance $PCT #HundredPercent
Advice to rookies that haven’t experienced a crypto bubble yet:
- Make a plan to take money off the table; stick to it, regardless of regret you’ll temporarily feel
- Don’t take on debt; pay off your debts
- Don’t shill, don’t get friends/family to buy crypto
- Save for taxes
@safetyth1rd@PercentFinance @circlepay @WrappedBTC In this trasitionary period a community member stepped in to fill in for minor updates (no coding)
And made a mistake
Now team along with 3d-party devs are looking for ways to make ppl whole and potentially continue with a very, i repeat, very solid roadmap they had originally
@safetyth1rd you couldn’t be more farther from the truth in your assesment of @PercentFinance , but hey... who cares
Hopefully, you can use your platform to reach out to @circlepay and @WrappedBTC to help make users whole.
Percent team cares for its users
Hundred Percent💯
@safetyth1rd@PercentFinance @circlepay @WrappedBTC Brief history:
Original dev forked Compound and added Link oracle support and gave 100% of tokens up to see community emerge.
It did. Dev realised he could step back but remain in the community, as the product was working smoothly and comm worked out a roadmap and dev hires
1/ A brief technical explanation: The three markets that are frozen use an older style of CToken. All others use a new style. Both were copied from Compound as part of the fork.
Users funds on our platform amounting to ~$1m are stuck in money market smart contracts
Reaching out to @WrappedBTC and @circlepay/@coinbase respective teams to help us make affected USDC/WBTC holders whole
Read Below:
https://t.co/63Q1DlyqVv
Someone needs to do a podcast with @CliveSpader to tell you guys about first 6 weeks of @PercentFinance
Would make a great story about community coordination
But i guess this story is still being written, just chapter 2 of many..
HundredPercent💯
#DeFi#PercentFinance $PCT
Excited to see we made it into the @ethhub_io newsletter this week! Thankful for you guys @sassal0x@econoar. See below for a very full weekly Eth update:
https://t.co/rEqiGn1U46
$PCT now listed on @UniswapProtocol
double check the token address with @coingecko - be wary of scam tokens of the same name
head to https://t.co/N3ofggnfvf to earn more $PCT - the APY looks solid even with the token dirt cheap rn...
Hundred Percent💯
#PercentFinance#DeFi
@safetyth1rd @_cosmician He expressed it in his recent return to @TimFerrissShow
I highly recommend listening to the whole episode, for all the reasons. DeFi-related or not
An absolute gem
Hundred Percent 💯
https://t.co/xejyvjA4Ok
1/3
Remember when you thought we were just a harmless, late-summer fork that would die a quick and painful death? Well, I’m pleased to announce that Percent is here to stay. As of today, our third and final phase of liquidity rewards has started!
I already said it and will repeat:
FUCK @CreamdotFinance
There's only one community-owned and run (!!!) money market in crypto and that is @PercentFinance
You can't compete with it.Not on a timescale that matters
Hundred Percent💯
$PCT #DeFi
https://t.co/SXNaWjBnTK
I'm telling you man...
The sleeping giant awakens!
Slowly, but surely.
This was proposed, implemented and pushed by community members.
Hundred Percent 💯
$PCT #PercentFinance#HundredPercent#DeFi
Today we're excited to share that Percent has added support for seven new tokens and updated the collateral factors for our initial set of assets:
https://t.co/hCaAwivcKa
Welcome to Percent: @loopringorg@UniswapProtocol@compoundfinance@synthetix@MakerDAO
Alright I'm sure someone can explain what is going on with @CreamdotFinance as their team won't answer questions in the discord.
559min ago: they add $SWAG as a form of collateral
557min ago: someone supplies 3.5m dollars of $SWAG and borrows ~1.6m of other assets 1/2
@ChainLinkGod Go to @PercentFinance once rewards resume (hint: 24/48h from now)
Get the best APY out there and become part of the one truly decentralised community building the financial commons of the future.
Become part of the Hundred Percent 💯
$PCT #PercentFinance#DeFi#HundredPercent
Stop using centralized exchanges as your bank account, you are not in control of your funds
Secure your own keys with a hardware wallet, and become your own bank with DeFi
Non-custodial financial services is the primary reason my net worth is in tokens