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/biz/ - Business & Finance


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22082176 No.22082176 [Reply] [Original]

>Several new exchanges in one day
>Mentioned by Binance
>Stacking coming out today
>Safest bet out of the chink token and the unaudited token
>Still under 100

It was a pleasure, /biz/men. Come aboard now or cry after.

>> No.22082329

>>22082176
Poorfag with 30 of this, how much can I expect to make?

>> No.22082390

>>22082176
Gas fee to stake in the new pool is gonna be like $40

>> No.22082425

>>22082390
If you can stake, you should be able to cover that back shortly after.

>> No.22082439

>>22082390
If you have 100 yfv you should have 40 for gas

>> No.22082446

>>22082425
If? Is there a minimum amount that you need to be able to stake?

>> No.22082477

>>22082446
96.4 aprox to be exact.

>> No.22082572

>>22082477
Checked based precise anon

>> No.22082761

holding this coin comfy.. as usual biz always late on actual good shit

>> No.22082933

>>22082329
Same. 30k

>> No.22082992

Copy pasting my wall of text from the other thread with a quick "how to pool" guide, and also my ref link if you feel generous enough to use it ;

The most profitable one is the KNC pool (https://pools.balancer.exchange/#/pool/0xbfDef139103033990082245C24FF4B23Dafd88cf)) which yield you 5.37% DAILY as I write this (careful about these yields, it can't last forever)

The idea is that you need to have some KNC and some YFV (with a ratio of 98/2), once you have these two tokens, you can go on the link from above and "Add Liquidity", here you'll have to fill the form and submit. It's gonna cost you some fees, like probably 0.06-0.08 ETH.

Once you submitted and it's pooled, you'll get some BPT from Balancer, these tokens can be used for stacking on the YFV pools.

From there, once it's pooled on YFV, your rewards will drop every now and then depending on how much you have.

Also, once it's pooled on YFV, if you back on the balancer pool page, you will see your holdings at 0, don't freak out, it's normal, it's just because you moved your BPT from Balancer to YFV, as soon as you unstake from YFV you will see them again on Balancer.

Enjoy, ride the waves and be careful anons, 5% of daily yield can't last forever.

And thanks if you used my link

>> No.22083005

FUCK I SOLD WHEN IT WAS CRABBING

>> No.22083023

I sold my 90 at 25 should I just kill myself

>> No.22083039

>>22082992
Absolute gentlelad.

Remember /biz/, 5 hours until staking.

>> No.22083045

>>22082176
link to binance mentioning now

>> No.22083047

>>22082992
Say I stake my yfv/link. My yfv is converted to BPT. Is there a chance I could end up with less of either token once I unstake?

>> No.22083166

>>22083047
Tbh I'm not 100% certain about that, so I don't want to say bullshit. But I don't think so, I'm monitoring that closely for my own holds in the pools and they aren't going up or down. I just get YFV.

>> No.22083516

>>22083047
It’s a scam where the house always wins. You think they’re doing 5% a day because they’re just nice guys?

>> No.22083605

>>22083516
I'm not saying it's legit or sustainable to have a crazy yield like that, cause it certainly isn't, but I wouldn't say that "only the house is winning", that's just wrong, plenty of people me included are making a DECENT amount of money from that. And even if it would go to 0$ in the next hour, I'd still be in profits.

>> No.22083672

>>22083047
>>22083166

Imperminant loss is real and can fuck you in the ass.
Buuuut being 98%link 2%YFV and not 50/50 helps reduce it a lot. I 500% recomend you watcha couple good vids about impermenant loss till you wrap your head around it. Once it "clicks" it becomes almost intuitive.

>> No.22083689

can someone break down staking YFV for a brainlet, ty

>> No.22083701

>>22083672
I have something like that, idk if 100% accurate but have a look ;

Token B price drop -> USD value lost by pool
-10% -> -0.21%
-20% -> -0.45%
-30% -> -0.71%
-40% -> -1.02%
-50% -> -1.38%
-60% -> -1.82%
-70% -> -2.39%
-80% -> -3.19%
-90% -> -4.55%
-95% -> -5.89%
-99% -> -8.94%
-99.99% -> -13.13%
-99.999% -> -17.13%
-99.9999% -> -20.95%
-99.99999% -> -24.59%
-99.999999% -> -28.08%
-99.9999999% -> -31.41%
-100% -> -100%

>> No.22083729

>>22083689
I have made a wall of text above about how to stake, have a read

>> No.22084583

>>22082176
>Be me
>See everyone on biz saying this will dump today
>Instantly put all my money in it because biz is always wrong
>Massive profit
Easy as

>> No.22084700
File: 125 KB, 1196x1040, norf.png [View same] [iqdb] [saucenao] [google]
22084700

>>22084583
>luv me cryptocorrunceh
>luv me chainlink
>luv me WHY EFF AI
>'ate shills
>'ate scammers
>'ate bears

Simple As

>> No.22084994

>>22084700
I can smell the seething of a priced out cunty cunt

>> No.22085030

>>22084994
he's agreeing with you

>> No.22085131

>>22085030
He's patronising him/demeaning him
Is biz this autistic?

>> No.22085162

>>22082176
>Mentioned by Binance
Source

>> No.22085451

>>22085131
Yes, Im convinced at least 25% of 4chan is either autistic or full on schizo

>> No.22085795
File: 210 KB, 1786x916, 1598934976017.png [View same] [iqdb] [saucenao] [google]
22085795

>>22085162
https://i.4cdn.org/biz/1598934976017.png