/biz/ - Business & Finance

>>22110655
checked
If you aren't staking this you're making a big mistake

holy shit just paid for itself in hours. FARMING IS THE FUTURE

>>22110655
Checked

>>22110781
>>22110724
>>22110655

shut the fuck up you stupid curry mother fuckers

>>22110655
this shit is insane started like an hour ago and already about to make back my principal is it better if more people dont buy into this because then the APY remains low?

team already dumped

Am I the only one who only just heard of Kimchi (the dish) today?

>>22110871
No, you're just uncultured.

literally how do you farm? I got 70 bucks of gas left btw

>>22110655
someone post this on /r/cryptomoonshots

>>22110907

See >>22101017

Probably not worth it if you only have 70 bucks of gas though, just hodl

>>22110863

nice
so it can only go up from here

>>22110907

It takes about $200 worth of gas to get in and out of staking

The reward is that you double your principal in about 24 hours

>>22110928
reddit won't like it, they're full of snobs and they'll downvote it and say bad things and not make money
>>22110814
stay poor

>>22110948
>>22110974
i'll just hodl then

>>22110907
this shit is definitely not for the poorfags just noting I got in a little early so I'm fortunate to have farmed enough so far to offset the gas fees

>>22110655
Fkn scam. Market cap will continue to rise due to supply and price will remain low. BEWARE!

>>22111042
Well I only bought 30 of them so whatever

>>22110655
Just to give newfags a sense of the last 24 hours

It's volatile, but it's already dipped and recovered twice

fuck is the sushi pool more profitable now?

thats the moment when the team dumped, you fools really think this is organic?

just to be clear, this is a coin and not a side dish we're makin here? i'm down for shrimp and kimchi guys

wtf does any of this mean? am I earning rewards? Im so in over my head, I have over $2k staked total

>>22111340
No, you have to click approve spend
Then once that transaction processes, you click "stake"
You'll see the "kimchi claim" start moving upward once you're staked

>>22111274
sushi pool is most profitable other than tendies

>>22111340
youre not even staking man

>>22111398
i thought eth was second highest since its 4x?

How can I know how much eth/kimchi I will get if I unstake LP and redeem them without unstaking? Fuck, why no one made such simple feature.

>>22111408
>>22111387
Clicked stake, clicked Ok for all of my LP tokens, and now this. Not sure where to go from here.

>>22111473
Holy kek

>>22111505
Remove the decimal point like it tells you

>>22111505
Did you leave enough ETH in your wallet for gas fees?

>>22111505
troll kek troll kek ha

>>22110655
what is happening under the hood? I am staking kimchi/eth and already made some kimchi but where did it come from? how are the gains generated?

ok I staked 100 kimchis
is it good enough to make a decent profit before this whole thing goes under?

>>22111811
checked you will make it

kimchi printer go brrrrrrrrrrrrr

>>22111868
it literally just prints money how is this possible i've already took out a 2x, have enough again for another 2x, gonna let the printer run over night

>>22111980
my attempts at staking my pool tokens keep failing, any ideas? I'm using the fastest speed in metamask

How much do I need to put in to make this worth it? Is it too late?

I have 1 ETH. How do I stake this shit? I clicked on stake

>>22112103
>I clicked on stake
derp meant to say I clicked on get LP token to stake.

How come my wallet has 0 btw? I got 40 kimchis

>>22112056
increase slippage in uniswap, did the same for me at first

>>22112077
it is not too late

>>22112159
pic rel. any help? i already have 40 kimchis. what do?

>>22112205
What are gas prices right now? If I have to buy kimchi and then pool with eth and then stake, what could I expect to pay in gas?

>>22112056
open advanced and bump the gas price up to 550

>>22112234
if you only have 40 just hold, you'll lose too much in gas staking anything

>>22112303
i'll buy some more just tell me how

>>22112159
u need to buy LP(liquidity pool) tokens then stake those. you don't stake KIMCHI directly.

>>22112299
thanks, manually upped it a bit and it went through

>>22112327
I get re-directed here, then when I click trade it just shows the kimchi tokens I already bought.

>>22112386
I guess I'll never find out how to stake lmao

>>22112386
click "add liquidity" you then need to supply both sides of the pool and you will get the LP tokens that are what you actually stake.

>>22112386
add liquidity pal

IS THIS A SCAM LIKE ONLYUP OR WHAT?

Just exited guys, don't get too cocky and end up on the short bus GL Frens

>>22112486
>>22112492
Cool. Thanks.

Can anyone give me a quick rundown on what's going on? I haven't been in crypto since 2017. What the hell is this uniswap and yielding shit? It sounds like a ponzi but it looks like there are gains to be made if you aren't greedy

>>22112582
it can go down half my buy in price and I will still be in profit. bye bye

>>22112609
it's a ponzi but it's not a terrible ponzi as long as you're early
yield farming is just liquidity provider rewards on steroids, it's a vicious cycle of going up and down due to farmers dumping on hodlers
we're still in the first 24 hours of this project going live, just stake and keep an itchy finger on the sell button

>>22112609
yes, precisely

post script. its a sign. pic rel

>>22112503

No

it keeps failing when I click stake lmao

>>22112754
manually increase the gas a bit higher than the metamask fastest speed

aight considering how many retards are having trouble staking in this thread makes me think we are close to the top, gonna take some out sorry ferment frens.

>>22112826
alright boys we staking.

>>22112846
but number go up again $6

more tractors. i keep farming, were going to make it

>>22110655
Someone just dropped 600 ETH on this

>>22112869
were gonna make it

>>22113172
AHAHAHAHA >>22113122
BASED Arthur

How fucking greedy do we get boys? I'm getting like, 1 Kimchi minute and a half off $5kish. Do I leave it overnight and trust the floor won't fall out? Do I withdraw from nice and safe BAL farming and go all in? If this rate kept up for like, 3 days and I went all in, I'd literally have made it.

>>22113218
Arthur just endorsed

>>22113122
>>22113172
HOLY FUCKIN BASED
I can sleep comfy now

>>22113172
How can one man be this based

>>22113172
wtf this is real

wtf. i just added more to my stake, and now the100 kimchi i earned prior cannot be claimed, it just says 0 under claim

WHAT THE FUCKKKKK

>>22113507
https://twitter.com/CryptoHayes/status/1300983780136558593

>>22113512
someone help me i lost 100 unclaim kimchi FACK

>>22113720
reconnect wallet kek

>>22113218
im leavin the printer running overnight at least but honestly i think this shits got more fuel in it then one might assume. SUSHI was basically the YFI of this new Uniswap vampire model, and KIMCHI is to SUSHI as YFFI is to YFI. So i honestly think this is going to moon again to top 100 or somewhere near there, and then subside like SUSHI did.

>>22113245
link

>>22113862
see
>>22113552
https://twitter.com/CryptoHayes/status/1300983780136558593

>>22113777
thanks fren that was a close one

>>22113901
thank you. not sure if bullish or bearish

arthur is high level
he helps me fight the newbies
you have to fight the newbies

>>22113822
I don't know man, it feels like I'm playing a game of chicken with everyone else, and every second that goes by it could just explode in my face. But holy shit watching that KIMCHI count tick up is addictive.

>>22110655
I made the original part 1 thread before anyone was talking about kimchi, feelsgoodman

>>22113977
kek it really is epic knowing you're making $6-10+ every minute

>>22110655
Back up to $7.50

$12 end of day tomorrow is FUD

>>22114188
I reckon I'll leave the 5k till I can claim the initial investment, then from there reinvest the gains suicide style. Only has to not implode for about a day to get back what was put in.

>>22113977
youre not wrong, but i think this game of chicken will last a bit longer then people think, and the thing is a lot of people DONT know its a game of chicken. I mean this coin is literally younger then 24 hrs, we are genuinely early.

Ive been watching all these DeFi bullruns, and they all seem to have two big runs, one during the initial 1-2 days, then another after that.

I placed a buy on uniswap about an hour ago when the price was $6. Shit is taking foreve, and says it will take another two hours. If it goes through then will I get this at the $6 it was when I pressed swap?

Are you seeing these huge 200-300 ETH buys? We're going straight to mars

>>22114695
On the other hand, imagine how fast that ticker would be going if I put in more. Hmmmmmmm.

>>22114726
I think we're gonna make it with kimchi bois
i didnt even know wtf kimchi was until a few hours ago kek

>>22114789
Kek same. Koreans eat it so they're probably all over this.

>>22110655
binance gone crazy on them defi scams
binant when?

>>22114789
lets goooooo frens. wtf is the mcap even

>>22114943
21mm, that's double what it was this morning

>>22114744
kek was just thinking this, might take new gainz and get more LP to stake

how much kimchi should i farm before i cash out?

Why is supply increasing?

>>22115046
Because kimchi is being created by people staking

>>22115086
Makes sense

can someone give me the website or something

>>22115235
https://app.uniswap.org/#/swap?inputCurrency=0x1e18821e69b9faa8e6e75dffe54e7e25754beda0&outputCurrency=ETH

kimchi.finance is the website

>>22115235
Use this one https://kimchifinance.firebaseapp.com/

The other one has problems in some browers

>>22110655
Back up over $9

>>22115290
ur a prick anon

well, this can't possibly not be a scam

>>22115290
so what's the difference between kimchi.finance and this site? seems like a scam to me anon, why would they use firebase if they already has a website

>>22115324
Check on the discord/ask the dev if you don't believe me
Kimchi.finance redirects to kimchifinance.firebaseapp.com anyway, but the first one gives an SSL error in some browsers
As always, check for yourself and DYOR

>>22115368
If it was a scam it would've rugged like curry

>>22115393
redirects? not on Opera GX, at least

>>22115380
Yeah see >>22115393

Just use the regular one if you're more comfortable, it's the same thing

>>22115380
b/c the dev is based and doesnt want to spend $40 on an SSL

seems based desu
i'll invest my FTM gains

>>22115380
firebase? Google partnership confirmed

So do I just need KIMCHI and ETH to start farming? What is an LP token?

>>22113512
you idiot when you restake your accrued yield is automatically moved to your wallet

>>22115550
50% eth, 50% kimchi, add liquidity to pool on uniswap https://uniswap.info/pair/0xc4da39e646e7f5d233b89ca0f7b75344e7ddb2cc
--> LP

i have two giant empty kitty
ltter buckets
how much kimchi can i harvest in a season using both?

telegram ?

why number go down

>>22116040
farmers dumping yields
farmers also buy every dip though, and crypto twitter is ejaculating over kimchi. breakout pattern is also imminent. just relax and farm

>>22116032
t.me/KimchiFinance

>>22116162
danks. will this moon before Harvest?

>>22116158
how often should I be pulling out the farmed tokens and selling them do you think?

First time using uniswap. What the fuck gas fee costs me 40$. I only have 200$ this sucks

Literal scam

The only farming token that sucks ass

Where's the pump, dumbfucks

>>22116782
Dumping started... Get out while you can
...

Dump your farmed tokens.. Quick.. Price going back to $3 again

imagine if compound this and restake your gains daily or even every 12hr. if gas fees were cheap and eth was quick this would be a different game

I'm the anon that told you Sushi would 3x and also get listed on Binance, told you about YFI at $2.2k, and fudded Bancor.

What's next?

KIMCHI. It's a fork of Sushi. Launched yesterday. Low marketcap. 200m TVL locked up. Arthur Hays started farming it. I expect it to 100x from here. KIMCHI will be like the YFII to YFI

>>22117041
>100x

come on now pajeet, you gotta at least make your shilling believable. Now shoo

>>22117041
How long until 100x sir

>>22117041
Bs....

$45 or 50 possible max...

Don't think this will be bigger..

Yfv will be on parabolic run

Faggot Telegram Jannies banned me for calling out this scam coin for what it is. Keep me in the know anons!

>>22117123
yeah but thing is that you never know in this market.

>>22116990
You used to be able to do this with those ETH ponzis like etheremon

>>22117382
Follow this thread...

Seems like here they love kimchi

i'm out anons. made 16 eth profit in 9 hours. good luck.

>>22117426
How much was your principle?

>>22117522
think it was around 580 kimchi and 8.5 eth

how do I buy this, what in fuck is defi?

>>22116697
Up to you, you'll have to do the math on gas fees. I'm probably pulling out every 12 hours or so.

>>22117591
good for you anon, happy you made profits

When I click stake on the kimchi site it says I have insufficient funds, what do?

>>22118510
get more funds brah

>>22118595
Now its saying "exception thrown in contract code" when I try to stake. What is this bullshit

Surely if the supply keeps going up this shits never gonna moon

less than 24 hours and it's over. how disappointing

>>22118725
but it goes brrr and number go up anon, surely I am generating value

>>22110655
yeh im out
APR dropped from 300,000% to 25,000%
which is still way too fukken high
need to have constant fomo in or price slowly degrades
it's like fractional reserve lending but on retardation steroids
All it takes is 1 whale who has already farmed,
1M KIMCHI to crash dis

>>22110655
Poorfag here. Can I just buy & hodl and then sell when I wake up tomorrow? Or is this shit gonna get dumped in a couple hours?

>>22110655
current mcap is $27,205,714
x3+ from yesterday
yet price has fallen from $8 to $5.7
dis ain't right nigga
when the music stops

>>22118859
Ride is over. Don't loose money on fees.

>panic selling because of the usual euro morning dip
I really hope none of you actually did this

>>22119256
time to buy. lets gooooo

>>22118901
bait kek

easiest 10x of my life, WHAT WAS THAT

we are all going to be rich

>>22119659
why? this thing is crabbing and staking rewards are dwindling.

already listed on hotbit

im trolling, but serious question now, I cannot farm this directly with eth right? I need to buy another meme coin first?

>>22119806
you need equal USD amounts of eth and kimchi to offer liquidity on uniswap. that gives you staking tokens on the kimchi website to stake
>>22119688
if more new money doesn't come in when americans wake up i'll neck

KIMCHI will 10x from here

>>22119806
you gotta buy the kimchi token then combine it with an equal amount of eth to make the staking tokens

>>22119827
On what basis?

>>22119941
the one where he wants to get other people excited to buy and keep price up

>>22119941
>>22119963
I'm gonna consider myself lucky if I make enough in farming to cover my gas fees before I get out

another shitty could be rug pull. i'm out. buying more Suterusu and waiting. this will not end well.

>>22120112
So is this a complete scam? I can't seem to withdraw my staking tokens, it gives me an error in my metamask wallet

>>22120112
Fuk off shill... Not buying shit bags

FUCK OFF WITH YOUR FOOD COINS YOU NIGGA MASALA

HOW THE HELL DO I WITHDRAW THESE LP TOKENS?

>>22120427
rrrrruuug pulllll

>>22120519
fuck me, looks like it. God damn jew bastards

unstake on kimchi fist
go to https://app.uniswap.org/#/remove/0x1e18821e69b9faa8e6e75dffe54e7e25754beda0/0x6b3595068778dd592e39a122f4f5a5cf09c90fe2

remove liquidity

>>22120427
>>22120263
I withdrew like 10min ago don't know what your problem is
do you have enough ETH in your MM wallet to cover the gas fees?

>>22120263
What error are you getting? Just increase the gas amount from estimated if it's that.

>>22120582
see
>>22120621
that's most likely it

getting out now - easy 3x

>>22120591
Don't I have to withdraw the tokens to metamask first, then remove liquidity using Uniswap?

>>22120828
yeah. withdraw lp tokens from stake then withdraw liquidity

>>22120959
After I click the button to withdraw on the Kimchi site this is what shows up in metamask and I get an error saying the transaction failed

>>22120263
TVL rising steadily still. stay poor faggots

>>22121089
oh nevermind, it worked this time. Learned my lesson though, I'm never doing this farming shit again.

>>22121160
>I'm never doing this farming shit again.
Same. It just isn't worth it with the fees. Fuck me.

>>22121198
the fees aren't that bad if you can invest more. made 10k in 5 hours with this shit but man I was sweating, they could have pulled the rug any moment and my 15k investment would be gone

>>22110655
Kimchi is nothing special or new. Be on the lookout for SURF. Godspeed. 8DDV9c

ÀAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Mooning the wrong way lmao.

>>22122025
Its pumping down aaaaaaaaaa

Bought all the dips now pump it back

>>22121902
Damn that's crazy, grats on the gains though. Shit looked too sketch from the beginning with the fucked up tvl so I stayed away.

Just got listed on Gate.io
Bullish!

>>22122263
holy shit! it's pumping again, get in or stay poor

>>22122263
TVL is dropping like a stone, time to bail

>>22122320
That was close, its back up again. Almost let go.

>>22122154
>>22122263
nice timing bouncing back

pamp it back to $10 again boyos

>>22113172
This is some money laundering shit right?

>>22122502
REKT. All the shitcoin gamblers who thought Kimchi will be able to copy the retarded Sushi success, they lost and got REKT

Stop throwing your money into useless meme coins, and buy real coins with a legit business usecase: MFG / BCDT / ZINC

>>22122672
Hard not to when every meme coin and YFI clone is doing a 10-100x

I cant believe how much money I am earning on this. The APY is completely nuts. Anons you better get in here while the sun shines, this shit is better profit than any normal shitcoin

>>22122320
where can i see this?

Just threw 2 eth on fire for this. High risk means high reward

>website is a carbon copy of $YUNO
enjoy the rugpull sirs

>>22110655
WHAT DOES IT DO?

What's stopping the $500M in whale farmers from dumping this PoS on your ass? What's their incentive for holding them?

At least Sushi has the lofty goal of dethroning Uniswap, wtf does this do?

>>22122910
It generates free money for me

>>22122910
it does nothing. will probably hit 1 dollar by tomorrow.

>>22123033
>will probably hit 10 dollar by tomorrow.

based

>>22122887
The owner cant rugpull or mint tokens, anyone who actually understands the code can see that. They basically forked SUSHI and made it better by making it scam-proof.... Theres a 48 hour lock on any changes made to liquidity by the owner... He literally cant exit scam

Kimchi lovers can't access their funds: Police reportedly seize South Korea’s largest crypto exchange Bithumb

>>22123553
Whats bithumb got to do with Kimchi? I can access my funds fine.

>>22123684
good proportion of koreans have their funds locked on bithumb hence kimchi doesn't take off (certainly part of the reason)

Is this even worth throwing $500 into or will gas fee just eat that up?

>>22123125
>The owner cant rugpull or mint tokens, anyone who actually understands the code can see that. They basically forked SUSHI and made it better by making it scam-proof.... Theres a 48 hour lock on any changes made to liquidity by the owner... He literally cant exit scam
this. go all in boys. im make like $100 an hour. kek

If you want to see how things work out for sushi and kimchi you can check shrimp chart

>huge hype and fomo pump 10x
>down
>slight fomo pump again
>high iq exit
>slowly fade to 0

WTF IM DOWN 50% YOU SAID THIS IS GOING TO 10X

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

everything is crashing but kimchi is doing ok

Gonna just stake through this bs if the whole market is down anyways kek

>>22124196
Lol you're a fucking idiot, look at shrimp volume and KIMCHI volume... KIMCHI 100 million volume in first 24 hours while SHRIMP had 2,5 million during its peak.. Good job comparing the two you abseloute brainlet

>>22110655
i lost everything to this scam. all my linkies gones. fucking pajeets i swear

>>22124393
easy. Next 5 days looks bullish

>>22110655
were already going back to $5 thanks pussies that sold at $3.9 lmao

>>22125039
I suppose you didn’t sell at the top

>>22125277
lul they never learn

A fucking DOZEN failed TXs to get my kimchis rolling but were moving now

>in at 4.09

Thx guys

>>22125486
not claiming kimchi outside initial till we hit 20$. am I crazy ?

>>22124089
part of the reason the price is dipping is people taking profits (like i just did). took out half and reinvested the rest

>>22125486
hahahahha now were going back to $7

As Apy decreases , seller pressure decreases . Price will go up . Am i right anons ?

>>22125743
Why would seller pressure decrease?

>>22125743
As APY decreases, more people will sell and seek better yield elsewhere. People leaving increases APY, so people buy back in. I think that's the idea

it's disgusting how much money im making kek

binance soon?

>>22125980
Like bonds

>>22126247
LMAOOOOOOOOOOOOOOOOOOO

>>22112324
>>>youtube.com

Pondering selling my LINK to try yield farming but in the back of my mind I know I’ve missed the bus and I’ll just end up losing everything

>>22127178
yeh definitely don't do that anon. you can sell SOME if you have profit to take, then reinvest your yield profits back into link. otherwise its a real bad idea

>>22127178
this is possible with yfv, check their farming page

>>22126247
dev wallet sent 125 eth to binance

>>22127178
put yr linki as collateral on aave, loan out 5k of a coin currently overpriced u think will dump, sell half for eth and buy some foodtoken get lp and stake, sell ur reward to pay back the loan (even better if the coin has dumped because now it takes less eth to but the amount you borrowed and pay back the loan). or if u think link will dump more just do a basic swing with like 200stinks and risk getting dumped on and losing ur linkers

>>22127670
Prove it, jewdog.