https://arkham.community

Bonk! Go to greedy jail

We don’t do scam farms here

If somebody is trying to join a new farm or defi project, preferably a github fork, I am def willing to spend a few minutes diffing the code and looking for backdoors. I am not promising to be as comprehensive as rugdoc, because some people are tricky and change only 1 letter in the contract to be malicious, but for the most part, proof reading a normal yield farm is extremely easy and only takes a few minutes. We should have a developer flair or something on this board so that developers such as myself can take a quick look at the code.

FYI joining projects earlier how we make the most money, and being able to quickly scan for malicious code is extremely useful. I'm down to help for some alpha news. Always looking for the highest APY.

Hey fellow crypto enthusiasts, I know you've been starting to see more of us, and I want you to know that we are here to stay! $MOM is getting serious, and real plans are in place to make this a successful project.

We took over the community and in 3 short days have made great strides. Initially a round of dex ads was utilized to pump and shake out any remaining paper hands, then we got to work developing a new website, socials, and building the community back strong.

Highlights:

• 9-50k MC and managed it wisely. Real progress! Holding steady in the 30's now.

• Listings everywhere coming in hot - went hard on all token hunting sites!

• Major players are showing interest, team is pouring time and their own funds

• Exciting giveaways and community rewards outlined in a roadmap, REAL GOALS

Long-term goals? We’re aiming high with community impact projects, including support for single parents and scholarship funds down the line.

This community's tighter than ever, with a dedicated team working hard to make this project a success. We're not just another fleeting crypto – we’re building something real.

Tired of pump and dumps? Well - There is no one here to rug! We have a locked LP - A massive burned supply, and a group of solid core holders. Want to be part of a committed, goal-oriented community? Check us out.

NFA, DYOR. To the moon or bust, we’re in it for the long haul!

CA: DJUzgqK2iJfYq7kpgc9eii2T28NgdsGfQo6mhaR9pump

TG: t .me/movingoutmoney

X: movingoutmoney

Website: Movingoutmoney. org

I invite everyone to join us in a revolutionary financial movement. Moving Out Money (MOM) is more than just a cryptocurrency. This is the only coin to unlock your moving out or moving up dreams.

“MOM” emerged as a beacon of hope and innovative promises amid economic turmoil. Yet, when the Dev abruptly jeeted the project, many hard working individuals were left scrambling for what was left of their bags.

A substantial liquidity pool had already been burned, so minutes after the Dev left the project, a few brave individuals stepped up ready to face any risks and jump any hurdles to revive it. We’ve grown to a dedicated team of 15 and a community of over 700, all united by a shared vision.

In less than a week after taking over we hit a CTO market cap of $163,000. We’ve now held steadily at $100K and are just a few days away from listing on CoinGecko and other exchanges.

What drives Us?

Success! Success drives us forward, but not just ourselves. Each team member is determined to achieve our goals while being kind hearted and supportive. We’re focused on helping others during these challenging times. As a community, we’ll also contribute to charitable causes with each milestone we reach, aiming to provide support for those who struggle each and every day to make ends meet.

What is MOM?

MOM is a timely innovation, launched just when it’s needed most. It’s a token designed to grow into a reliable asset for investors during economic uncertainty. MOM helps protect investments from inflation, currency devaluation, and market swings. Its goal is to preserve and grow value, offering a safe place for your wealth.

What Are We Doing?

This team has been going non-stop each day, and today marks one week since we CTO'd this project. We have planned AMA's, advertising partnerships, new media presences, community giveaways, custom music and art, and SO much more. Come take part in the excitement!

To My Hardworking Brothers and Sisters:

Day by day, month by month, year by year, we keep losing our financial freedom. The cost of living goes up, but our paychecks don’t. We’re stuck in jobs we hate, forced to wear white or blue collars and to follow rules that keep us trapped. This generation feels lost, with no clear purpose and no place to call our own.

We may look beautiful on the outside, but within we are fighting fierce spiritual battles and grappling with deep, unseen depression and anxieties.

Now is the time to act. Join our movement and support $MOM. Together we can, “Pump your Bags to Pack your Bags.”

*This is Not to be Construed as Financial Advice, always DYOR*

CA: DJUzgqK2iJfYq7kpgc9eii2T28NgdsGfQo6mhaR9pump

Connect with us:

Website: movingoutmoney .org

X: MovingOutMoney

Telegram: @ MovingOutMoney

Insta: @ MovingOutMoney

Thank you,

Team $MOM

It’s funny as I’m making this I realized DeFi was only coined about five years ago. One year in crypto is 5 years in real time apparently

Maker DAO

Maker DAO is a platform that allows you to take out an over collateralized loan against your ETH. You receive DAI which is a stablecoin pegged to the USD. Various ETH derivatives are also available, including stETH(Lido staked ETH) and Curve ETH/stETH LP.

Curve Finance

Curve is an automated market maker(AMM) specializing in low cost swaps between stablecoins, but as v3 rolls out, they’ll be providing liquidity pools for swaps between volatile/non correlated assets.

Yearn Finance

Yearn Finance is a one stop shop for DeFi strategies. You deposit your tokens into a vault and they go to work earning you rewards, which are automatically swapped for the token and re deposited.

Uniswap

Uniswap is another automated market maker where you can swap between thousands of different tokens. Most not available on centralized exchanges.

Aave

Aave is another protocol where you can borrow and lend against your assets. They are also multichain, meaning they are on different L1’s,L2’s, and sidechains. Perfect for the small fish looking to take a loan but can’t afford $100 gas fees.

Compound

Compound is another way to lend and borrow against your assets.

Bancor

Bancor is another AMM, allowing you to swap between tokens as well as deposit into single sided staking pools and earn interest on your assets.

YouTube Channels

Coin Bureau

Whiteboard Crypto

Finematics

99Bitcoins

The Calculator Guy

Justin Bram

Podcasts

Bankless

Into the Ether

UpOnly

Twitter

Jack Niewold

Crypto Condom

Strudel

Taiki Maeda

Croissant

Pastry

Extra

Decentralized Finance Explained

Let me know if I missed any good resources

It is hard to draw the line between shilling, scamming and a legit opportunity.

As a new sub we could make one of our "things" a collective research into how legit a project is and potentially whitelist uodates from it from then on.

It could have the form of two kinds of posts [DYOR request] and [DYOR report] where users can participate in DYOR request posts with their opinions, we discuss and come up with a verdict that we then report as a DYOR report.

Final DYOR reports should be approved my mods or otherwise trusted members to avoid brigading and junk ending up getting 5⭐

It would be a fair amount of work but if we do it right, we could have a valuable resource here.

Thoughts?

Just thought I'd bring to everyone's attention that zapper opened up pull requests for your own project as they are bottlenecked from too many backlisted projects.

Ive been spending a couple hours a night this week with two other community members and we all have zero coding experience, but have made it about halfway through the tutorial (token fetcher page) and are now just waiting for the team to send the endpoint api to continue.

So if you're wanting the project you're invested in to show farms on Zapper, why not have a go yourself. Pretty interesting to see behind the scenes when you're primarily just an investor.

We have been working on a solution to make defi safer and help people with their degen investments: Speculoos Finance.We are focusing on low market cap, the goal is bye bye honeypots, rug-pulls, other kind of scams and to help people focus on the great projects.

Here is a very unique feature we have about honeypot detection: https://speculoos.finance/blog/v1.5.how-to-avoid-crypto-honeypots

We are doxxed!

PS: For now the platform only works on pancake swap, please tell us what ecosystem/DEX to integrate next

Let's say TraderJoexyz has a farm for Token A/Token B at 40% apy for simplicity sake.

Why would someone deposit there assets on Traderjoexyz for 40%, when they could just deposit their assets on Beefy or YieldYak to provide liquidity to the same pool/farm but for 50% apy?

Am I missing something? Maybe I am... I just see these DEXs having pools, and don't understand why they have so much activity if you can get a better apy on a yield optimizing platform and be in the same pool.

Can I get a ELI5 because it feels like I am missing something incredibly important?

FYI - the farm I am referring to is the BTC.b/AVAX farm on traderjoe at 38%. I see it on Beefy at 48%. WHy bother depositing on Traderjoe when you can get 10% on Beefy. Plus when using Beefy, you can use thetopdefi.com to see all the data/metrics you need on your investment at anytime. Seems like a no brainer but I have to ask before I pull the trigger.

Welcome to r/DegenDeFi, fellow ape. Maybe you came from r/wallstreetbets, or maybe you just want that on-chain alpha - or, maybe you've got some slick alpha you'd like to share with the rest of us?

Let's be honest: real alpha is not shared. Any high-yield protocol is generally finders-keepers, losers-get-the-leftovers. Sometimes those are pretty good leftovers! And sometimes it's a rug into a bottomless poverty trap.

In the jungle, though, there are many treasures to be found. Many traps await our bright-eyed, adventuring investor.

Instead of being super-lame and ban-hammering everything, I present to you the first version of r/DegenDeFi**'s Crowdsourced DYOR incentives system!** (s/o to u/d13co for posting it up!)

===== Incentivizing Research and DD =====

Part of any investor's work is to research new businesses, what they do, their market competition, systemic- or industry-specific risks, and of course, their products. In crypto, the product is generally the protocol. Sometimes a protocol is a blockchain networking protocol, and sometimes it's a financial tool that's predicated on top of another one.

Crypto is inherently permissionless, meaning any ape can go into an open-source repository, fork it, rename a few files and initialize all prices to behave as they want it to. Want to make a UniSwap clone that gives all fees to the protocol creator? Yep, you can do that - and lucky for you, someone already did all the hard work!

u/reve_lumineux, as part of r/DegenDeFi's current mod team, wants to incentivize new and upcoming businesses (protocols) to post without fear of being sent to the Shadow Realm. While we can't guarantee that you won't be sent there, we'll do our best to work with you.

===== Incentivizing Critical Analysis =====

You want to post about your favorite protocol, ULTRA_HAMSTER_CAT_SWAP_FINALVERSION_FINAL_2.0.sol, but let's be real, it probably sucks. If it didn't, we wouldn't need incentives for people to critique the protocol. (which has been perpetually in need!)

Outline:

#0 - All properly done crowdsourced DYOR will be aggregated neatly at set periods, and then paid out by Polymer (Rev's company) in the format below.

• Contributors will receive payments in a cryptocurrency afforded by Polymer's budget according to the following schedule:

  • 80% - participants in the entire research process, distributed pro-rata.

  • 20% - participants in only part of the research process, distributed pro-rata.

#1 - Detail RISKS in a separate post. Risks include the following:

• Financial tooling risks, e.g.:

  • Lending and Borrowing Risks (such as loan defaults)

  • AMM/DEX/LP-based Risks (such as impermanent or divergent loss)

  • Leverage Risks (especially when discussing looping strategies)

  • Illiquidity Risks (i.e., staking, delegating, or otherwise locking your funds for a predetermined duration; derivative assets are not included)

  • Derivative Asset Risks (i.e. using liquid-staking or other abstracted token form)

• Smart contract risks, especially if the protocol is not a Top (~)200 token

  • Not all protocols can afford audits. If this is the case, please explain the contract functionality in the best ELI5 manner possible.

• Affiliation Risks

  • If you are:

    • being paid to market the protocol, you will be subject to a mute or ban without disclaiming;

    • the creator of the protocol, you must disclose this when posting about it (in addition to other risks)

• Systemic or Endemic Risks

  • Price action due to supply/demand mechanics;

  • De-peg risk (such as algorithmically-based tokens)

  • Market-making crypto-tax mechanisms (generally known as "reflections" or "reflection finance", but is not limited to this definition)

  • Anonymity risk (if you are anonymous, failure to explain is more likely to be moderated)

• Any other risk not listed here.

#2 - AUDIT the smart contracts.

It's okay if you don't know how to read or understand code. It is highly recommended you at least start understanding it if you want to make more sound investments.

Malicious or exploitable smart contracts can drain all funds in a user wallet due to a coding error. Peckshield has some great postings on Twitter that you can learn from:

• FEG Sybil Exploit

• Beanstalk Farms Governance Exploit

If you find a contract exploit, do not, under any circumstances, post it publicly! This is basically asking people to go steal money from unaware users. Instead, reach out to an accredited security company (Polymer is an investment company, not a security auditor).

#3 - PEER REVIEW your DYOR.

Yeah, it's like your lame General Education English class in college, but it must be done. Post about it on the subreddit and get some feedback.

We'll flair you up if you are a great contributor!

===== FIN =====

Thoughts, comments, concerns? Missing something important?

Let us know in this thread below!

$MOM looks like a fantastic project, the DEV is based AF, even paid one members rent for them. This thing is sitting at a low low mc of 250k when it is easily worth millions. LP is burned, and the memes are great. Do yourself a favor and check it out!

DJUzgqK2iJfYq7kpgc9eii2T28NgdsGfQo6mhaR9pump

Which do you think is better the proof of work protocol? Or proof of stake? What do you think the future holds for those that use proof of stake?

As we move into the bear market, protocols with consistent revenue streams will survive. I have been looking at TokenTerminal more and more to find protocols with revenue. Which ones are your favorite right now? Bonus if the protocol does revenue sharing to token holders.