Y'all niggas on the moon yet?

bringing up TAM of trillions just shows how naive you really are

theblockcrypto.com/linked/108543/a16z-backs-defi-project-goldfinch-which-aims-to-reshape-lending
goldfinch.finance

they raised 10M+ from Andreessen this week

Not to mention the other 5 I could link that are doing this s*** too

and you totally didn't understand that AAVE could simply offer this exact same product by flipping a switch. Same way a Facebook can implement IG Stories or Clubhouse lite to kill any traction

good luck against that

wtf does it matter if "tons of companies are raising money for the same idea"

if anything that just shows how overvalued and frothy the markets are

you should be running away from people throwing money at bad ideas lol and people with half baked ideas getting funded by cheap fake money are part of the problem of the whole financial ecosystem

and yes i can criticize your execution or lack there of but why bother kicking a horse when it's down. in your initial post you didn't even know about insurance protocols so i was keeping it at the bare minimum knowledge level

if u can't see that lending bullshit is going through the same hype cycle as AMMs or bridges/interoperability did last year idk to tell you

but yeah we're entering the phase where silicon valley midwits are entering crypto now because their job at Yelp or Netflix isn't fulfilling anymore

most of them have been buidling the whole last year+ in stealth

just because you don't see a shiny app because you're not living this s*** doesn't mean they don't already exist

it's a great time to be alive and make money off these idiots if you're already a defi native

what a time

look up Alchemix i bet you it will blow your mind

apwine.fi
pendle.finance
element.fi

also these

sirs my ETH price going up it's supposed to go down

we will never see ETH under 2k again

that's why i put my money where my mouth is and have a 230 ETH long i opened that will take me to the promise land

5 digit ETH is coming sooner or later

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

yeah b**** boy we are

👏

Who said I didn’t know about insurance protocols? What are you talking about?

And companies will continue raising funds to solve the same issue. No use in arguing it. I’m going to do the project regardlesss, if it fails it fails and use it as a learning experience. It’s not that big of a deal

ok have fun and good luck with that

Introducing TrueFi, the DeFi Protocol for Uncollateralized Lending

truefi.io this one has been live since November.

My vexxies stay sexy

ETH will definitely see 2k a lot.

it’s not staying above 2k in a prolonged bear market too

2k floor just on the next halving tbh

wait a second this sounds like the app @CGodJr is trying to make

bull drumpf

I understand where you’re both coming from, I think @0 is just trying to outline how this space moves alot quicker than traditional tech

so you lose out in the long run spending time working on a project which is small feature of these established companies, a la his reference to 0 to 1, instead of working on something that goes 1 to 1n, try to build something that offers 10x value instead of being just incremental

Everything @0 mentioned is what excites me about this area of technology tho and I can’t wait to work on something, my technical grasp in the space is still in its nascence, but I’ll catch up soon

Actually it’s not really close to what I’m trying to make lmao. We have a whole app with a bunch of stuff in it, defi is just one part. This board is filled with negative people. The funny thing is I didn’t even ask for your opinion lmao, I said I’m working on a defi project and first thing you thought to do is be condescending, that’s very weird.