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ERC-20

ETH’s influence on ERC20 products like YFIInfluence on ERC20 Products ETH’s influence on ERC20 products like YFI can be seen in several ways: Liquidity: ETH’s large market capitalization and liquidity provide a foundation for ERC20 tokens like YFI to tap into, enabling efficient and reliable transactions. Smart Contract Interoperability: ETH’s presence ensures that smart contracts, including those for ERC20 tokens like YFI, can interact seamlessly with each other and with the broader Ethereum ecosystem. Developer Adoption: ETH’s widespread adoption and established developer ecosystem encourage the creation and development of new ERC20 tokens, including DeFi protocols like YFI, which in turn benefits from ETH’s infrastructure. In summary, ETH’s influence on ERC20 products like YFI is indirect yet significant, providing a stable and liquid foundation for the Ethereum ecosystem and enabling the development and growth of #DeFi protocols like #Yearn.finance.
Long
by Victor_Ledney
OvOa Token: Preparation to the next buyback at uniswapA techinical and fundamental bullish analysis of TheOvORide series A on uniswap: info.uniswap.org Both good buying pressure and The next buyback schedulled to December 5th Its hard to say there is no good spot to buy that tokens because both fundamentals and technicals are in ouw side. More info about the ovoa token can be found in andr3.gitbook.io Why It's different: Standard DeFi projects get their profits from fees, liquidity services, lending, borrowing, or plain ponziness. OvO gets profit from High-Frequency Trading and Fee Rebate-Farming from the crypto derivative exchange Bybit. Where is the Value: I believe that for anyone to win, somebody else needs to lose. With several hundreds of new DeFi projects around, it's close to a gamble to join a pure ponzi scheme or a fundamentally sounded project. The money-losing side that gives us the consistent alpha are the ETH/USD traders and algorithms that make mistakes. 95% of traders end up losing money and 99% of traders pay fees to the exchange. My market making algorithm capitalizes on both. Ofering liquidity services to the exchange and receiving 0.05% of our trading volume back. Each new buy of OvOa in ETH on Uniswap generates three simple forces: -> 10% price increase that rewards investors that entered before and hold the token ->45% pooled tokens that increase depth and liquidity ->45% ETH sent to Market-Maker Bot on Bybit. Every 10 days, the Bybit's Acc. buyback the OvOa tokens directly from the Uniswap pool. This increases the token price as a ratio of the bot's performance. Why it's good for the dev/b] I don't think fee rebate for market-making gonna last forever (Binance doesn't offer it, Deribit already ended it) so it's a matter of time until this consistent way of making funds comes to an end. I want to get the maximum value I can while this profit-making window exists, so I opened the bot capital to investors to stake me in exchange for equity of 70% of the bots profit. The tokenization of the trading allows me to protect the intellectual property of the trading logic and indicators while allowing multiple investors to enter and exit with minimum bureaucracy. Why it's good for the investor The tokenization mitigates the risk of full custody, as you are free to increase or decrease exposure to the bot simply by buying or selling the token on Uniswap The market-making nature of the bot supersystem creates a predictable and steady income. The Token will get value even if everyone decides to dump it. The system is antifragile as any sell creates another opportunity window for getting cheaper tokens. The risk-reward of the market-making bot is better than API bots as I can have a better management system.
OLong
by The_Bitmex_Scalper
Kyber Network Analysis- Bullishly diverging RSI - Volume picking up - All time low support now And there is some good news coming up: - The team behind the Kyber (KNC) protocol recently released its plans for 2019 which includes the major objective of making its protocol capable of operating on all smart contract-enabled blockchains. The announcement displays Kyber’s continued focus on its mission of ‘Any Token, Anywhere,’ which now includes the expanded goal of building a world where any token of value can be used anywhere for swaps in any wallet, payment services, or financial product. The team also seeks to strengthen the Kyber community so that it can begin making protocol direction, implementation, and treasury decisions. (JF) Coinbase is also listing more and more ERC-20 Tokens, So good chance that Kyber will come too. Remember that: Vitalik Buterin from the Ethereum platform also owns $24,000 worth of Kyber Network (KNC) tokens. Cheers, Vincent.
Long
by R2BTC2
1
$MFT Will Have a Correction. The Idea is Because...Quite good fundamental low sats on Binance along with Sia Coin and Pundi X. Mainframe currently having 10 Billions of total supply and 2.5 Billions on the circulating and ranked as #211 on coinmarketcap.com. Right now the market cap is about $21 mills. Having a quiet good relationship with Ethereum developers and the team seem nice lately. Having an active social media exposure. They describe themselves as: the platform for decentralized applications. Resistant to censorship, surveillance, and disruption, the Mainframe network enables any application to send data, store files, manage payments, run tasks, and more. Mainframe is quite new to coinmarketcap.com as it started get listed on July. Newborn. I think so far the fundamental isn't really that famous, but yeah will give it a shot. From the chart judgement i really expect the price is not really going to blow, considering it's total supply is not really on the market, so yeah... The support is on the green line, as the current moment this token's price is being oversold. Will go to the green line if only we break that yellow below. Otherwise we will some upwards movement towards 140 sats as it is the strongest resistance until today. If you love the idea don't forget to give your comments and likes and sharing then follow me to support! Trade safe!
M
by blockchaindedi
3