DeFi: yield farming with Obyte.

[xenon131]

Avoid!

[1715291611]

1715291611

[1715291611]

1715291611

[CoinThinker]

It seems interesting , please update it your interest daily , Obyte is one of the old altcoin, I remember it was around 250$ now , been quiet for a while it's nice to see it is backed, I am looking forward to getting interested by stable coins .

[bigcash2011]

Interesting project, it seems to be a seperate project from origin protocol's OUSD because initially i thought they were same. I have not checked out obyte so who are the people behind? How is the previous performance? What is their reputation in the market and how safe is to make deposit on their platform. I think these questions need answers before risking our money.

[Tytanowy Janusz]

Interesting project, it seems to be a seperate project from origin protocol's OUSD because initially i thought they were same. I have not checked out obyte so who are the people behind? How is the previous performance? What is their reputation in the market and how safe is to make deposit on their platform. I think these questions need answers before risking our money.

OBYTE (byteball before) started as airdrop to BTC hodlers (fair and wide distribution). It is well known and established coin listed on CMC in 2016. I heard about it a lot of good stuff from technical guys (people with education related to cryptography).

It is a DAG - you can read more here - https://academy.binance.com/blockchain/what-is-a-directed-acyclic-graph-dag-in-cryptocurrency

More about Obyte - https://wiki.obyte.org/Main_Page

I have no idea why, despite being so technically strong, it is listed on such a small number of exchanges, and the price just cant stop dropping (-98% from ATH)

[Tytanowy Janusz]

I am one from team.

Tell me then why so strange marketing? Why Obyte did like 10 airdrops and didn't spend even a fraction of this money for good listing. There is literally no place to buy Obyte. Bittrex force KYC, BitZ and Folgory has 3$ and 11$ volume, Finexbox has 1000$ volume but all 3 are no name exchanges out of nowhere. Swaps that has Obyte (simpleswap f.e) has 15% spread and looks scammy to me (no matter if you buy for 10$ or 500 BTC you have same spread. I wonder how they will deliver me 500 BTC worth Obyte if there is 0 liquidity on all exchanges). Give me safe place to buy with fair spreads and i'll buy.

I'm not talking about binance or other leaders. Even kucoin is good enough. Or qtrade (very small but has unique-zerohype coins and is fair for customers).