Daily General Discussion - June 18, 2023

Welcome to the Daily General Discussion on Ethfinance

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Pregnenolone,

meth finance

virtualras,

Not to be confused with m/methfinance

refugeddit,

Anyone here can vouch for liquity? I'm trying to close my Maker CDP to liquity, since Maker's interest rates seem to be increasing sometime soon.

kbrot,
kbrot avatar

Just one guy, but I've been in and out of Liquity troves for years now. Zero issues. Early days had LUSD sometimes trading at $0.98 or even $0.975, but it hasn't been meaningfully below peg in a very, very long time.

There's also Gravita to consider, which is Liquity-style loans using LSTs (and WETH and funny enough BLUSD).

refugeddit,

One quite trustworthy guy I may add :).

Cool, I might see if I can move my position fully there, since it seems like the better option now.

austonst,
austonst avatar

Continuing yesterday's node maintenance saga. In the end it looks like I didn't even hit 48 hours of downtime; Besu can sync from scratch pretty quickly and then everything went right back to normal. I've had much longer outages than this over the years, definitely learned to roll with the punches a little.

I did miss a block proposal, which stings a little bit, but I have enough validators that it's not like I missed my only chance this month.

kbrot,
kbrot avatar

That's great in terms of a speedy recovery. Coming away from this, what sort of node maintenance do you think you'll add to the regimen?

kbrot,
kbrot avatar

Second! New vid elaborating on BTC dominance charts as the bear ends and the bull begins. @haddockseyes

https://www.youtube.com/watch?v=r2JQluUOcmE

refugeddit,

Talk dirty to me more

haddockseyes,

Thanks! If altcoins includes ERC-20s, then wouldn't fading altcoin value negatively affect ethereum's valuation against bitcoin? Or does altcoins here mainly mean L1s?

kbrot,
kbrot avatar

Primarily alternative L1s, especially with the roller coaster regulatory process we're seeing in the US.

dont_forget_canada,

First!

oxyeth,

You misspelled 'Ethereum'.

MrVodnik,
MrVodnik avatar

Some people consider Ethereum as "the first" or "the only"... it's all about perspective.

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