He likewise spoke to the more comprehensive GameStop circumstance, relatively suggesting that he is ideologically lined up with the WallStreetBets group and the DeFi space by rather of an extension.
Disclaimer: This author is an expert at ParaFi Capital. ParaFi Capital might hold positions in properties discussed in this short article. The views displayed in this post are viewpoints of the author– and the author only..
The post Billionaire Mark Cuban discusses Aave, SushiSwap, and DeFi appeared first on CryptoSlate.Title: Billionaire Mark Cuban discusses Aave, SushiSwap, and DeFiSourced From: cryptoslate.com/billionaire-mark-cuban-talks-about-aave-sushiswap-and-defi/Published Date: Wed, 03 Feb 2021 12:15:52 +0000.
He added that he thinks DeFi is among the markets, along with nanotechnology, green innovation, and other brand-new innovation classes, that have the prospective to “take off in the next 10 years.”
Cuban likewise imparted some more comments about the more comprehensive state of the crypto area.
He particularly indicated the strength of Bitcoin HODLers (yes, he utilized the term “HODLers”), keeping in mind that the truth they had conviction in BTC enabled them to generate income even if they bought the top of the 2017 rally near $20,000. You need to learn from your trading experiences pic.twitter.com/qkKCbJ1SA2
— Mark Cuban (@mcuban) February 2, 2021
Billionaire investor Mark Cuban has actually been under the microscope in the crypto space over the previous couple of weeks as he has actually started to tweet more about Bitcoin, Ethereum, and now even decentralized finance tokens to his over 8 million fans.
Cuban has long been asked about Bitcoin, being a popular financier and a popular media figure due to his participation in projects like “Shark Tank.”
In a current Reddit “Ask Me Anything” post, Cuban confirmed that he has actually been dabbling heavily in the DeFi space, doubling down on his Twitter posts on the topic.
Whats interesting is that rather of hosting the “Ask Me Anything” on the AMA Subreddit, he opted to do it on WallStreetBets, which has actually seen a parabolic explosion
Cuban speak about DeFi
In the Reddit post, he was inquired about his existing holdings in the crypto space.
Cuban reacted by noting that he currently holds AAVE and SUSHI, the native coins of Aave and SushiSwap, respectively.
This confirms analysis done by on-chain trackers who noted last week that a wallet affiliated with Mark Cuban held AAVE, along with capital staked in the protocol itself. Additional analysis discovered that another wallet in the network of Cuban held SUSHI.
While this was not clearly Cuban, this Reddit remark has actually apparently verified this. That remark also indicated that the billionaire holds Bitcoin, Ethereum, and Litecoin, which is rather unsurprising.Mark Cuban owns Aave and Sushi
Long #defi pic.twitter.com/EA6ahI0IJs
— Ameer Rosic (@AmeerRosic) February 2, 2021