/biz/ - Business & Finance

fuck off im trying to farm

Sounds promising. Will check it out sir. What a time!

Looking solid. But did they burn keys?

>>20997579
Yes retard, read carefully

>>20997418
>because Andre rekt them himself, ragefarming via yVault in Pool 1 before dumping all to zero in Pool 2.
bullshit.

RUG PULL happening in 1 hour once pool 1 is drained. I have screenshot of the devs planning an exit scam.

first thought scam, but their tvl growing fast so I fomo in, fark it

The Andre killer fork

lets see if ur claim is true or if if ur a clown

This looks pretty interesting but are the key burned?

>>20997686
Not bullshit you fucking clueless newfag

>>20997723
Kek I'm sure you do you weird schizo fuck

I don't even know how to farm biz! fuck i need to start reading

>>20997918
It's fairly simple, and once you get started, you will become an addict like the rest of us who've taken the farmpill.

>>20997723
post it then faggot? oh wait nevermind you're a seething pajeet trying to fud your own rug

>>20997918
I managed to enter pool 1 by following the guide on medium
Balancer pools are a bit more complicated

How much TLV so far?

>>20998049
you need like 20k before farming actually becomes profitable though
it's cool that there's no risk though desu, biggest risk is that mining token is worthless, you still have your intital capital

stacking a couple stacks ...YFT may become the standard

>>20998049
Ok I think I get it! I'll drop $14k, wish me luck biz

>>20998558
Yeah as is nearly always the case, it takes money to make money. And yes, the negligible amount of risk makes it very attractive. It's every oldfag's dream to get their crypto earning passive income, and with farming it's finally here.

>>20997418
True.
YFII premined for 3 days before they burned the keys.

YFT has not sell pressure from premine.

It also blocks smart contracts to remove the sell pressure from Andre's yvaults.

+500% APY on the (yCRV / YFT) pool and +700% APY on the (DAI / YFT) pool right now.

>>20998838
Cheers fren

Is this the coin that Andre retweeted ?

based. first spin on YFI i've seen that isn't utter shit and has potential

>>20999144
Yup. YFT is for farmers of peace. We can ALL be rich.

Is this a new way to get rekt or what?

Pool 1 already done ??

>>20999957
>being this clueless
ngmi

Just farm it and keep it for yourselves ffs

>>20998558
Have you counted for the cost of gas? Everytime is use defi I get ducked in gas. I’m not moving around 50$ either. My smalles transaction was 2k

https://twitter.com/tx_origin/status/1290715148265508865

According to this, the largest holder only has 140 YFT. That's less than 0.7% of the total supply.

It has the best distribution out of any YFI clone so far. Even YFI itself has several whales with more than 1% of the total supply each.

>>21000048
So i just got set up using the yearn.finance staking option. Ive never done any of the yield farming but it says I am staking my 780 curve.fi tokens so I'm guessing I've done everything properly. I am a little weary going in any further because this yield farming area is all new to me but anon tell me honestly should I go in with more capital?

>>21000087
Cost of gas is a bitch but will ultimately amount to peanuts once this takes off.

>>21000107
BASED anon doing the lord's work. Miners strap on, WE FINNA GO TO THE MOOOOOOOOOON

>>21000226
I’m talking definin general. I short eth a bit and was up 2k but it was on dydex. 3/4 of the profit went to gas fees. I’m not convinced yeild farming is profitable in anyway unless your a poorfags

>>21000175
It eepends how much your portfolio is worth and what is your risk tolerance.

For a smaller portfolio, I would allocate maximum 50% to yield farming strategies like YFT.

For a larger portfolio, I would allocate maximum 5%

>>21000305
Yes it's definitely harder to be profitable doing this as a poorfag. Won't be the case eventually, but it is what it is right now.

>>21000400
No I’m saying if you are moving 10$ and your gas fee is .50 then it’s not a big deal. Actually it’s still not worth it because making a 5% gain on 10& is a waste of time

Mining pool 2 and 3 right now but will probably switch to pool 2 completely

This is scam

Only YFI and YFII has real developers and team.

This is the communist version of YFI