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Will we finally take off next week after all this crabbing at the bottom?
>>22466196Depends on how many new coins farmed will be dumped onto the market.
>>224662363m is total supply so 700k more to farm and some dump
>>22466362oopsit's 4m not 3mso 1.7m more to farm
Theres no fucking way we can stay at such a low mcap as an actual legit Y-name that has also been in top 5 most popular coins this week.R-r-right guys?
The whales will continue to build hope & market dump, keeping the price low. Look at this as a blessing to DCA in, accumulating as much as possible.T. 25% all inning today, 25% Monday, 25% After Balancer migration, 25% after vaults. (Of course by all inning I mean taking my tokens that I’ve all inner on farming and buying YFV straight-up). Easy 10x.
>>22466430im not expecting much from this until we approach supply cap
>>22466466Didnt they come up with good solutions to solve the inflation and constant dumping? By lowering max supply and vaults.Im assuming the price can only go up from here.
i can put 40K into this right fucking now. should i do it biz?
>>22466635I mean, zoom out, this is clearly the bottom, Im not gonna make you false promises by saying 100$ EOM, easy 10x and all that bullshit. But at least I can say its pretty certain you're not going to lose money.
>>22466635i would wait and see what BTC does. If BTC dumps hard this will go back to what it was crabbing at a few days ago. If you could possibly buy at $15-$16 $40k worth, you would double or triple that within a short few weeks.
>>22466664I believe. Don’t care if my promises seem false. 10x, to me, seems reasonable with how the whale dumps have fucked with price & now that’s ending. There’s so much hype in the crypto space for the token. You’re definitely more spot on with the “you won’t lose money”, but I really believe this will turn out well.>>22466669The obvious sales & discounts seem to have passed. I find it hard to believe this will have its price supresssed much more, however am I foolish to conjecture that YFI is a better price indicator than BTC? Seems like it’ll be more accurate, at least for DeFi. YFI mooning.
>>22466863yeah, that's what i'm saying. BTC would have to have a major dump to see YFV at those low prices again. I am ultra bullish on YFV, this shit will hit $300 EASILY by end of october if everything goes accordingly to plan. I am also very excited with what they are doing with vUSD and vETH, and have been accumulating those before anyone realizes how valuable they will be.
>>22466982Do we get vusd, or does it go somewhere else?
>>22467013vUSD comes from staking YFV. the new governance pool will also farm vUSD if i'm not mistaken. vUSD and vETH will also have some type of rebase effect, has an elastic market cap. there will also be some added incentive to add liquidity to vUSD. Not so much info on it, but I feel something incredible is brewing.
>>22467143What the fuck is vUSD ? I am staking 500+ YFV and no idea wtf is vUSD? Is that different from YFV team or completly made by other team than yfv? I mean its carbage now? What the fuck it is purpose
>>22467397It's from YFV and you get it in the YFV pool. You can send me your 100 vUSD for 0.1 ETH, it's a good deal
>>22466982Why are you so bullish on YFV? Anything you can recommend reading / watching to better understand what's special about it vs. all the other YFI clones?
>>22467488you can fuck off now poor shit, I sell my vUSD for 1000 ETH each
>>22467609Lol do you unironically believe this
So wtf is with all of these changes and can the devs actually pull this off? Like the devs are anon but if they can do all of this shit correctly they've got to be some serious autists or they had this stuff planned a lot earlier than we know
>>22466196It would have worked a lot better if it was built on a Radix rather than Eth. The chain is too congested with the ridiculous amount of txn fee
>>22467601https://www.youtube.com/watch?v=yriNFRq86VM
>>22467739I think the devs are more talented than what people initially thought. I'm thinking maybe big backers, who knows(Pure speculation). But serious autists? Most def
>>22467637theres no way
>>22468060Yes.
>>22467609lmao when rebase happens no one smart will buy it for more than 1 USDT. The only thing is, when it happens your vUSD balance will either go up (or down).
>>22468122Does it stay on site or does it go to metamask?
>>22467963Thanks
>>22468244>on siteI don't mean to be coarse, but stop looking at the front end like your funds "are parked on the web site". It's all on the chain, website is just an interface that helps you see the balance on your wallet. When you withdraw your locked funds vETH and vUSD automatically get claimed along with your YFV or whatever shit you put in the pools back to your address
>>22468300Any idea what the contract address is?
>>22468364vUSD: https://etherscan.io/token/0x1B8E12F839BD4e73A47adDF76cF7F0097d74c14CvETH: https://etherscan.io/token/0x76A034e76Aa835363056dd418611E4f81870f16eIf you're not on that Discord, get in. All the info is plastered there. Discord is cancer I grant you, but I have it to keep up with projects
>>22468110i think youre schizo but i hope youre right since im holding a stack of it rn
>>22468392You're a cool guy who doesn't afraid of nothin.
>>22468392i didnt have vETH added to my wallet so i just used the address you posted to add it and i got a pleasant surprise, i had some and didnt even know about it. you mind sharing the Discord address?
>>22468691Can't post it because 4chin thinks it's spam. You can find it on the bottom of the main site, bunch of links there.
>>22467963he takes everything the team says at face value. dude's kind of a retard
>>22469244That video is more or less trash the guy sound mentally retarded. That being said if you believe the devs are honest, which I do based on past actions and how they interact with the community, then the Governance token will have immense value in the coming weeks/monthsSept 15th new Governance vault is liveSept 18th Value Liquid balancer/uniswap hybrid platform is liveSept 21st Value vaults are liveThe Governance vault already farms more YFV(soon to be VLT) vUSD, and vETH. They will also be using the staked governance tokens to yield farm other protocols(probably stable coins but no further info given yet) The Value Liquid swap is giving .005% back to YFV stakers holders through market buying YFV and the Value vaults will also give something back to the stakers as well I believe. The token is going to have tons of different revenue streams soon which will hopefully incentive token lock up effectively reducing circulating supply which is already be cut by around 40% 12 Mil to 6.8 Mil. I'm trying to stack at least 1000 personally. According to the admin the devs have worked on other projects and we would potentially know them too as they are public in those projects and have considered becoming public. They mentioned not releasing all the details of how their ecosystem works to avoid fork theft by other projects. The tokenomics are amazing at least lets see if they deliver they sure work fast as hell.
Anyone seen YFFC? it is 900k cap just got listed on CG, just put a couple eth in as it is dirt cheap and seems legit
>>22469445I get that, they're definitely doing things different than other projects and probably don't want to get ripped off by other Y clones.
>>22469445Also they have 450 Million TVL with over 100 Million volume daily and its 50-55 Million MCAP. This should easily be 250 Million MCAP now let alone what they plan for the future imo.
>>22469445Governance tokens as collateral to yield farm other protocols I should say*
>>22469480Yes they seem to stand out from even YFI in terms of value capture model although a bit more risky I suppose. That being said I think it will survive the long term assuming this month goes smoothly and they meet their goals. They will also have an easy migration contract to steal value locked from Uniswap and Sushiswap in addition to the 450 Million they are taking from Balancer. I wouldn't be surprised if they hit 800 Million-1 Billion TVL in a couple months.
>>22469511how will they use governance tokens as collateral? no lending platform accepts yfv.
>>22466196i am excited for you guys. how many to make it? I am feeling like I should just sell ~100k and throw it in but iam a huge pussy and afraid link will 1000 EOY.
>>22469638the whole market is about to dump, don't accrue taxable events on your link just to lose 50% more on a shitcoin
>>224696381000 should be pretty comfy anon, there's no guarantees of course. Personally I am just using my LINK to farm more YFV, I probably won't make it to 1000 for a while but that's okay. Passive income daily has been nice.
>>22469657I've been considering the taxable event factor for a few weeks now anonFor NEETs and students like myself, taking taxable gains up to the exemption amount by farming Link just raises the cost basis in the Link without having to pay any taxes, thus saving money in the future. Although to be on the safe side I'll probably need to farm for a month or more before just to make sure the IRS doesn't try to characterize Link->BPT->Link as a wash trade
>>22469763before selling*, sorry was thinking faster than I could type, digital stutter
what exchange should i buy this from boys
>>22469592One of the recent updates said they were in talks with with a platform about it. Go read all their medium articles. Its worth the time.
>>22469866checkedHotbit unless you plan on buying a lot, in which case you'll need to use Uniswap
>>22467601The dead serious answer is that you should go to their medium page and read what they have planned. The team is highly competent and driven. After the mistake with the V1 staking pool Incident their response was good and they took action. They also are listening to the community and literally reworked the V2 staking pool in less than a week in accordance with the community’s requests. Basically they have very progressive game plan.
>>22466196I am loving this coin at this moment in time
>>22470063I really want to know who the team is and the other projects they worked on. If they manage to pull all this together in the short time frame they have laid out I'll be impressed. I'm already surprised at their communication and plans put forth at the behest of the community in general.
>>22469866Poloniex
>>22470116The telegram mod mentioned that they might release the team names one day but I doubt it. Wouldn’t be surprised if they were telling the truth and there are several familiar devs involved from other projects.
>>22470835I think so as well. They work incredibly quick they almost definitely have to be experienced devs
>>22469559They are already at 450 mil TVL, 1 billion will be hit within week.
>>22471648Yes the 450 Million they are taking from the already active Asset/YFV Balancer pools once Value Liquid is live. Idk if they can steal another 550 Million from Uni/Sushiswap within a week. Its possible
>>22469678How you do that? Add liquidity on the link balancer then stake the token to yfv?
>>22471894Basically but fuck off you are gonna dilute the pool and I'm already having a hard time hitting my 1000 mark. I have around 575
>>22471894yes, use zapper.fi link/yfv tx to get the balancer lp token in one tx. it was really cheap errlier
>>22471984>>22471966>>22471894Zapper is the best, however it can cause serious slippage with large amounts of ETH/LINK/$Looking forward to days when we don’t even have to use zapper to buy Value/Value balancer
>>22466196So, I should farm this before tuesday?
>>22472430Depends on how much you have to farm with, we don't know whether BPT will auto convert into liquid tokens yet
>>22472557Sadly, just 100 link, I still don't understand why you need to farm before tuesday like some anon said.
>>22472557You guys are crazy if you leave your farm open for migration
>>22472661You mean like crazy if we allow it to auto migrate when Value Liquid is open or do you mean something else?
what the hell is happening with the migration i've been getting ~1.5 a day with the usdc pool. hopefully they don't screw up and lock stuff again
>>22472873leaving it in and trusting that their code works is lunacy especially after the first fuckup. even if gas is bad you'll pay max $200 to protect yourself completely by withdrawing.
>>22472929Oh yeah no, there's no way I'm leaving my farm up. I need to claim, unfarm, and convert back to my PIECE OF SHIT BAT stack.
>>22472650I believe farming ends tuesday
>>22472929Yeah, don't really understand coding but seems like plenty could go wrong with moving yfv to value while converting balancer tokens to initial deposit and then farming them again in different pool. Would be probably easier to add higher rewards on first day to mitigate some of gas costs.
>>22473002need a source on this please
>>22472929From what I read you have to manually confirm and click something on the YFV website to transfer from the Balancer asset/YFV pools to the asset/VLT pools. The Value Liquid migration though is supposed to be automatic. They are having groups audit every new smart contract twice now. All of that being said I agree with you.
theres really no benefit to stay during migration, but alot of pros to hop out and jump back in later.
>>22473281I doesn't end on tuesday, it is just opening of governance vault. Farming will stop during this week and will continue once they open value liquid pools which shoud be on 18th (private) or 21st (public)
Move your coins out of this obvious scam and put them into YFII.
>>22473578I'm going to go with no and kys
I have 230 YFV, will I make it boys?
>>22474428more so than me; I have 6.
>>22474567How does $6m dollarinos sound?
Okay I never got into this meme farming but I have 100 YFV now.What do I even do with them? The staking pool is only 50% APY which just seems not worth it at all?
>>22467963its roulletee
>>2246663540k in a high risk asset you don’t know nothing aboutsounds good just do it
>>22474930pls respond YFVbros
>>22474930Gov vault opens on the 15th wait for that. Then once Value vaults and Value Liquid open the return will be insane for Gov staking although Gov vault is nearing 1% daily without all of that
>>22466196>>22466236>>22466430>>22466500There’s a flaw in the code. I just pulled everything from the pool and sold my YFV
>>22475274
>>22474832kek
>>22474930the gov pool is going to be released tomorrow, which should start at an APY of around 150% - 300%. Although you really shouldn't take the APY seriously as we don't really know the true value of the staking rewards until vUSD and vETH are completely released. This includes both liquidity (so we know the true value of both assets) and once the oracle integration is released allowing for rebases to start happening. Only then we'll know the real value of the staking rewards. For all we know, the current APY could be 500%+Also I should mention, the APY might be a little lackluster initially, but will start increasing a ton as the ecosystem grows and their other products are launched>Vaults are released around 21st, which YFV stakers will start receiving a % profit>Liquid Value Exchange will be released around the same time too, which will funnel 0.05% of pool trading fees to YFV stakers>they will be integrating with a lending protocol which will provide a way of lending YFV whilst it's being staked, further increasing APYAlso remember, the APY increases as the dollar price of YFV goes up. I think you should give it a month or so before we really know the real APY, but I do think it's going to get a ton better as their ecosystem continues to grow. We're pretty close to the bottom atm. Half the current circulating supply is locked up and staking in pool v2, and the APY is still high which is a good sign. Things are only going to get better
you know I think someone shilled this shit on here before it even started. I remember trying to find some shit with these letters and I had to keep referring back to the post to even remember the order of the letters. The site wasn't even registered yet
>>22475376They better integrate link as oracle
>>22475376How many do I need to be a part of the pool?
>>22475594No minimum now.
>>22466635better put it in sakeswap for a couple of days
>>22475376So it's probably not worth to start staking today due to fees? Or can you move it into the vault easily? Will just wait for tomorrow then.
>>22476145if you're not already staked, then yeah just wait until tomorrow. For people that are already staked, it will be easy and cheap to transfer from the v2 pool to the new gov pool
My pepe is rock hard thinking of the impending 10x+ this project gonna do in the next week or so.Get on it biz tards $YFV
>>22477863Yeah, once all of yfv gets locked up, price will skyrocket.hope they deliver
>>22477053For someone staked in Link/YFV pool - will I be able to unfarm and exit after the announcement?I don't want to put my faith in their team to move my BPT tokens to their new Value pool.
>>22466196AMPL started the YFV movement there I said it
BUY DFT.
YFV has saved me from myself. I have all my money in the bat pool and am farming getting 1.5-2.5 yfv a day. No more constantly trading shit coins, no more gas fees, I can just sit back and watch number go up.For a brief moment, I am free.
>>22478681Will you be unfarming before the switch of VALUE pool? Or staying put?
>>22478705the what
>>22478240You have to confirm that transaction on their website whenever its available but the liquidity migration from Balancer to Value Liquid will be automatic
>>22478705>>22478705bros what the fuck is the switch
>>22478774>>22479572>he doesn't knowkek. how's that freedom feeling?
>>22479890uh tell me
>>22480155if you want freedom, just all in BTC/ETH/LINK. You've got a lot of catching up to do with YFV, tons of upcoming changes. Read their latest articles, really can't be bothered spoon-feeding you
>>22478681that's how you know that this defi thing gonna soon explodepeople can just sit back and on a 5k dollar investment and make like 100 dollars a dayyou just know that shit is not sustainable and the chance that you will get fucked is highi mean i too am farming with a tiny bit of my link stack but making 100 dollars a day for doing nothing feels wrong
>>22480225it's called being early, you don't think that comes with special privileges such as high APR? If the majority of crypto users were in the very same pools, then the APR would drastically go down to more "sustainable" amounts. The more people pooling, the less yield since it has to be shared across more people. It's simple
>>22480225"explode" and "you will get fucked" - disagree here, all that will happen is that more and more people are attracted to the pools, slowly increasing pool supply and lowering APY to a more sensible equilibrium as time goes on. There are three things that can screw you here, but APR crash is not one of them:* balancer gets hacked (see: STA, BZRX)* impermanent loss from crazy moon in LINK or whatever you are pooling* you are playing with a small stack (<$5K), pay crazy high gas, and decide to get in and immediately get out
>>22480405well said anon
64 jannies check in
>>22480405if link moons to 50 bucks how much impermanent loss will happen?
>>22481465honestly it would be minor, the current distribution of pools are 98%/2% so any impermanent losses are negligible. They might change it to 90%/10% soon though, but even then it still won't have much impact
Tons of changesTons of updatesGood shit comingBTC and ETH recoveringWhy are we still not moving? Is this coin cursed? It just cannot seem to go up, ever.
>>22481632The farm whales don't dump all at once or they would shoot themselves in the foot on slippage, give it time.
>>22481632I’m accumulating my goal of 2000 YFV. Please keep the price lower.
>>22481949hurry ur ass up, won't be long before we run up
What's the make it stack
someone pls help handicap?yfv was my first defi, i bought 93(cause 90 to stake) and have been staking for a few weeks now and because I am handicap I only recently understand vusd is low low pay. I just unstaked because it was pointless(it seems) and am looking for farm instead.
>>224820991k is make it stack, 100 is suicide stack
>>22482135VETH and VUSD are insanely valuable
>>22482268don't tell him, stakers who don't do any research don't deserve it
Can someone clarify. Earlier posters were saying to NOT leave my tokens staked when the governance. vault. opens tomorrow. I'm currently in the V2 pool. Is it risky for me to leave them there? To unstake it cost around 10 YFV which seems a little pricey no?
>>22482268please help me understand this. I am looking at the chart and vUSD is not even 1.00 USD each, what am I not getting.
>>22481889Thats the thing though, why would farm-whales still dump their farmed YFV, when everybody seems to think its going to moon. Yet they keep dumping
Is there a date for the migration?
>>22482399it only costs that much because of early withdrawal fees. I'm assuming you only staked recently otherwise it would only the gas fee. It's not risky at all to keep them there. Tomorrow when the new gov pool is released, there will be cheap and easy way to transfer straight from the current stake pool to the new gov pool. They've mentioned this many times, also there will be 2 audits for every smart contract so there's nothing to worry about, there's just a few fudders trying to get people to sell now
>>22466196no you absolute retard.because unlike YFI where the token is not the reward for the yield farming, in YFV the token is the reward token of the farming.Farmers sell it to make profit.You re welcome.
>>22482268pic related, it seems like they are worth about a buck. is there some other thing about them that makes them valuable?
There is another low mc yf that biz is missing, but i expect to see threads on here next week.
>>22482609yfms?
>>22482529okay now try buying any meaningful amount ($5k >), and you'll realize you'll be pushing up the price 100%. We won't know the real $ value of vUSD and vETH until they announce the rebasing and they add more liquidity. Both these things are underway within the next week or so. Then we'll start understanding the real yield of the pool and the real $ values of both>>22482523>because unlike YFI where the token is not the reward for the yield farming, in YFV the token is the reward token of the farmingdamn, must suck to be a brainlet. You do understand that YFI started as a "reward token" or are you just pretending to be this retarded?
>>22482693>You do understand that YFI started as a "reward token" or are you just pretending to be this retarded?well fellow braindead anon. It seems you imply that YFV will follow the same path?YFI value had that success because it wasnt centralizedYFV's team holds the monnies.
>>22482431Because if you have a 50k+ stack of LINK, 1500+ stack of ETH or 50BTC+, you still make thousands of dollars a day just by dumping YFV at these prices. It's the lower risk option for whales.
>>22475274Please anon don't fuck with me, I already got rekt bagholding bzx, should I pull out? I can't afford losing more
>>22482769>It seems you imply that YFV will follow the same path?yes, just look at the TVL of YFV and their upcoming releases. It's not difficult to understand where this is heading>YFI value had that success because it wasnt centralizedYFI had success because of their innovative vaults, the TVL they've been able to attract, and most importantly Andre's leadership. Don't kid yourself about YFI not being centralized, if Andre was to get hit by a car tomorrow, YFI's price would plummet. Decentralization is a meme>YFV's team holds the monniesthis is as incorrect as saying "YFI's team holds the monnies". Everything is in smart contracts that have been audited
>>22482944I literally went all in with my huge stack of ETH, converted it into BAT balancer pool, which is not low risk by any means. That means I basically turned all my ETH to BAT just for YFV.Now I’m slowly reconverting BAT to ETH and buying the YFV that whales are dumping. The whale’s “safe money” $100k dumps are both a strength & a weakness. It gets them money but it’s artificially supressing price. The clock is ticking for how long they can keep doing that. All the while someone is also buying (me and others) in the $20 range.Do what you will with the info but I am going all in & you might be retarded if you don’t.
>>22482693>okay now try buying any meaningful amount ($5k >), and you'll realize you'll be pushing up the price 100%. We won't know the real $ value of vUSD and vETH until they announce the rebasing and they add more liquidity. Both these things are underway within the next week or so. Then we'll start understanding the real yield of the pool and the real $ values of boththank you anon!
>>22483290The selling stopped slightly and it hit $27. People really should buy and hold. They don’t realize yfi moon mooned after farming ended
>>22483277Checked, that's some good hopium and I'll take it.Do you think 1K YFV is enough to make it?
>>22483395Yep I’m stacking up past that right now. Literally make it stack. 20k into 100k if this thing goes to $100
>>22483343Yeah its insane when the whale farmers stop massively dumping their farmed shit it goes up like 60% a day
>>22483512I'll do some more reading but thanks for the hopium so far
>>22483395Yes damn it. In the event of another GBR (which I believe we are in), as long as this project keeps getting developed and there are no major hacks, and no breakthrough competitor which blows everything out of the water, market cap could easily go into the billions at the peak. Absolute dogshit tokens did that in 2017 with no utility, no working product, just sheer marketing and shilling. A $2B market cap for VALUE would sit us around $1k per token if half the total supply remains locked. So 1k YFV (VALUE) would be $1m in such a scenario. Again, I say it's possible, but there's plenty of time something can get in the way of it happening. So far, we are looking good.
guys if you're holding this shit thinking it will moonin the short term thats a mistake. We still need to see where btc is going to go
Will I make it with 300 staccc
>>22483749depends on how long you're willing to hold for
Can we still make money off of this even though whales dump everyday? What is the strategy against whales who dump?
>>22480225>but making 100 dollars a day for doing nothing feels wrongthe jews do it all the time, atleast youre not taking the $100 a day from people who dont have it
If I pool 10k dollars into the eth pool how many yfv can I expect to make a day at current apy? I calculated about 2 yfv a day or $50. Am I missing something?
bump
WHY WONT IT FUCKING MOOOOOOOOOOOOOOOOOON WHY WONT IT EVER FUCKING MOON
>>22485391Chill man, governance pool tomorrow will lock up a ton of YFV then we moon.
>>22485497IM OUT OF PATIENCE WE HAVE BEEN CRABBING AT THE BOTTOM FOR SO LONG AAAAAAAAAAAAAAAAAAAAAAA
>>22485551good. I get paid friday, it can moon on saturday
>>22485497No it wont, you know why?Because i bought 100 yfv almost at the top so this will never see three digits
>>22485760Hold and keep farming. New vUSD pool coming
>>22485760i have bad news anon, i bought at 22, further ensuring it will never go above 23 now let alone 3 digits
>>22483904See how no one will answer this
>>22486922I think vaulting is supposed to solve that, where they get more bang for their buck if they vault YFV instead of dumping it, but I dont know. Wish they would just choose the easy route of token burn but they refuse to.
>>22486922Because we are all bagholders shilling for whale dumps, you got us figgied m8
>>22486922Accumulate
>>22487432i dont get paid until friday...will i have time?
>>22487574Yes, Friday will be able to buy this much lower in best case, slightly higher in worst case. In fact, I believe that even if everything goes smoothly with the transitions on September 15th (tuesday), there will still be a period of price suppression until the whales are completely defeated.As the ecosystem evolves and the dumping mechanisms are phased out (YFV paid per day to whales has already halved, if not more) the price will make a jump like it did to $28 recently.Keep in mind that YFI is going on a run, DeFi is probably about to take off, BTC didn't fail to rally, and the YFV team is making huge changes to the protocol at an astonishing pace.This thing is evolving fast enough to incentivize buyers as well as farmers. Day of the Harpoon soon, then off to the moon.
>>22483904I will answer you, Go and ask YFI. YFV has governance value and so it is not worth dumping, the more value locked, the more the governance is worth. Lets say 300m total value locked and you hold 20% of the governance, you can sway votes to wherever you want liquidity to go, so you basically control the money through gaining power, it is a blackhole effect because the value locked goes up with the protocol the more the governance is worth, this is why you hear people saying YFI to 100k etc.Still not sure? well go off of market value, YFI has around 800-900M TVL, and is worth 1.3B cap for this governance value.YFV has around300-400M TVL and currently the market value is about 1/7th to 1/8th the cap of YFI. Hence undervalued, then also add in the fact that once VALUE is launched OTHER projects will use VALUE just like how balancer is used. So now go and look how much Balancer is worth which is 177M cap, and balancer has 768M locked in it, on Day 1 VALUE pool will have all of YFV's money wich is 300-400M before anyone else even uses it.So add the comparison to YFI based on value locked with the balancer value locked and you have about a 20-30x market value from where it is now, Will the market fully understand this? probably not at first but it is safe to say YFV is heavily undervalued
Here we go. Its moving in a good direction. maybe it'll pull a YFFS today.
>>22478681How much $USD do you have in to get 1.5 YFV a day?
>>22487809Based, I basically sold all my other defi coins for YFV. Cant believe it stayed at 20$ for so long. Its worth so much more
>>22488303About $4.5K USD in a LINK pool generates 1.5 YFV. So about 400 LINK staked through balancer.
>>22488387Oh no the cap hit you can’t stake link you have to stake ren or bal
>>22488580Ah, well, guess the only choice is to go through balancer because I sure as fuck don't wanna risk with sending BTC to my Metamask at some weird renBTC address.I also don't know how much YFV you'd make a day by staking what amount of BAL in USD, but that pool has a 400% APY, which is the best out there.On a side note, seems like this thread has pumped the price by 10% jesus
Crypto go up?
>>22488387I have 500link in farming pool, use to make around 4 yfv last week, now im getting closer to 2.
>>22488738>On a side note, seems like this thread has pumped the price by 10% jesusStop thinking these threads do anything for the price. Look at BTC price movement in the past hour to see why we pumped
>>22488387Do you lose out on the upside of Link by staking it through YFV?
Just snuck into the devs discord, and saw their conversation about how they will rug pull this. They are planning an epic rug pull once switching over to VALUE. They will make it look like a 'hack' and all liquidity will be drained from the pool. One of them is already booking flights to the carribean and renting out a charter yacht for 10 days. Also the vUSD will be completely worthless. It will cause many issues.
>>22489407thanks just bought 1k yfv
>>22489473you think i'm joking? seriously, i care about my fellow anons, and i'm warning you. i have first hand experience with these devs. they have made many scam projects in the past, and this one is no different. there will be pink wojaks all over this board for weeks. you have been warned. sell right now.
>>22489510Can you share a screenshot from their discord proving your claims? Debating selling link to buy a lot of YFV. Or maybe selling something else for it.
>>22489510k post screencap
>>22489310SLightly.>>22489407Are they team JUST>>22489510Post proofs & I sell everything
>>22489510screencap it since you care about us pls mate
>>22489572you can't spot obvious fud? He's barely even trying.
>>22489640it's true though
>>22489510PLEASEEEE. I CANT AFFORD TO LOSE ANYMORE. PLEASE POST THE SCREENCAP.I BEG OF YOU ANON PLEASEEE
>>22489510Seriously if you're not larping please post proof, this is not funny I've been stressed out already trying to make sure this one was not a scam and it looked good but now you post this, why?
>>22489640>>22489618>>22489594>>22489586>>22489572>>22489407Holy shit guys, A Charter yacht just sailed around my house
>>22489656PLS SIR POR FAVOR MI FAMILIA WIL STARVEE
>>22489670if i post screen shot it will reveal who i am and they will kick me from any sort of affiliation with future projects.
>>22489725SIR I BEG PLS 1 SMOL SCRENSHOT FOR MI FAMILIA
>>22489594>>22489618Imagine being this gullible.
>>22489725Ok I understand, thanks for telling us then. I'm selling my bag, really can't lose more this is so tiring
>>22489677>There was a loud roaring outside my window.>I ran to the window and looked outside.> It was a huge charter Yacht with wheels.>Revving it's engine loudly while the group on board pointed at the large decal that says " lil DEVS RUG PULLER" on it>Flipping me off the drove off into the sunset with all my cryptos.mfw
>>22480405how do impermanent losses work? If I stake 100 LINK/2 YFV wouldn't I be able to pull the now mooned 100 LINK right back out?
>>22489725Fuck it. I'm selling too. This game is too damn risky these days. I can just imagine their smug little faces when they rug pull. I don't want any part of it.
>>22489725Ok I will just believe you buddy, why would anybody lie on 4chan. Ill sell my YFV right now!
Yfv that's in liquidity pools will automatically swap over with the token name change, right? I'd rather not remove my liquidity if I don't have to
>>22489981No, it goes directly to the dev wallet. It's up to them to send the VALUE token back.
>>22489936>>22489835>>22489825>>22489776>>22489725>>22489677>>22489976>>22490043Just sold. ahhh. What a relief.
>>22490181Staking 1025 YFV? Really?
>>22482609Haha don’t tell them. These asshole need to find their own gems. We’re passed phase one today so to speak. I’m gonna hold until stake and hold till 9k hbu? Plus I’m still salty about my losses last week.
>>22490329>Plus I’m still salty about my losses last week.what happened?
>>22490246Not anymore! Free from my financial ruin & impermanent losses forever.
>>22490412SIR PLS SHILL ME YOUR PAJEET COIN PLS SIR MI FAMIGLIHIA
>>22490412no IL in the staking pool, you can't fool me
>>22490246is that bad to stake that much? should he go higher or lower?
>>22490381well I made a bundle off sushi cashed out before the dump then put some into kimchi lol. That loss made me feel so ALIVE!! Probably gonna rebuy a small sushi stack.
>>22490551It's all my YFV, as I said above, I'll be retiring liquidity from balancer pools that will be cancelled in 2 days to dump all those funds into the Coin and/or top earning VALUE liquidity pools.Read >>22466466I'm all in. Sell if you want but there's no way you're selling more than the whales anyway, and it'll only let me accumulate more.Bullish af about this rugpull
>>22482609Please help fellow anons out fren. What is the name of this YF I am missing?
>>22490665PULL MY RUG, PULL IT HARDER NNNGGGGHHHHH YEEEESSSSSSSS
>>22490731Don’t fucking worry about it. If you got yfv you’re already doing alright. Anons keep this one hush hush so we can flex our insane gains.
>>22490819Some of us are poorfags and brainlets. I need all the help I can get. Maybe a cryptic clue anon?
>>22490815Ooooooo I think my devs are gonna puuu--u--lllll unughghhgs
>>22490933Just because you got digits. Audit was completed today. If you find it. Shut your mouth. It hasn’t been posted in about a week.
>>22489725>if I post proof, I'll get banned by scammers from their future scamsexcuse me?
>>22491078Thanks anon, I managed to find it. Mouth is shut.
>>22491078Lol if this is a rug pull, i'll rope.
>>22491513PLS TEL, WHAT IS IT OMFG
>>22491513Just wait till the staking. You’ll probably sell at 5x before all the good stuff.
>>22491215Please anon, I'm a brainlet too, how do I find it?
the fact that its crabbing for so long after all this bullish news isnt a good thing. whales are suppressing the price by dumping everyday for as long as possible and itll stay crabbing for weeks
>>22491712That’s why you gotta farm to offset the dumps for yourself. Yfv will pump but you might as well use what it’s intended for. Are you gonna swap for liquid or keep the yfv?
>>22482609>>22490329>>22490731>>22490819>>22490933>>22491078>>22491215>>22491686$YFUEL
>>22492037PAJEET SCAM
>>22492037>down 99.8% from ATHlol no thanks looks like another pump and dumphttps://www.coingecko.com/en/coins/yfuel
Remember guys the liquidity migration happens on SEPTEMBER 18TH. If you don't trust them to migrate safely, PULL OUT of whatever pools you're farming before then. Also read this, and don't be an asshole. The devs are putting in real work so keep them happy buy not eating up their dev fund:https://medium.com/@yfv.finance/vip-4-1-bal-rewards-revision-ca7eedeee21e
>>22492037This is why /biz/ deserves no gems. Lack of candor.
>>22492136>>22492155KEK You mouth breathers really think getting word out in this cesspool will harm your chances of profit? To anyone wondering, 2 unrelated IDs to the previous >>22492037convo literally JUMPED at the chance to discredit me. HMMMMMMMMMMMMMMMMMM
>>22492203Yes everyone please fucking leave the pools so I can get 1000% APY
>>22489510>seriously, i care about my fellow anons,Also ignore faggot fudders like this cocksucker. If he gave a fuck about any of us, he'd post proof and not go >nooo but they'll kick me out of their scam groooop waaaa
this shit is not dumping please try more fud!! I need to buy 200 more YFV before tomorrow
Don't be a short-sighted faggot anons. Leave the dev funds alone, we are all fucked without them.
>>22492559>Asking the 500000 pajeets holding this coin to not be greedy and think long-termGood luck with that
>>22492559Cool devs, we're all gonna make it frens.
>>22492803Most pajeets and niggers got BTFO in the crash. This is a *relatively* clean coin now, just don't go into the telegram/discord.
>>22492559Only dumbasses are concerned with devs dumping their funds. I get why pajeets might be worried with farmers dumping for all they're worth, but this shit needs to be figured out now, preferably for a constant stream of income to the devs so they have enough incentive to keep going long term.
Buying YFV is like buying BitcoinCashThis is unbelievably retarded, and if you lose your savings on this I don't feel bad for you.
>>22492966Bitcoin Cash pumped way harder than Bitcoin in the prior bubble, newfag
>>22492861Did you saw the telegram did you saw the twitter cunts that shill yfv
>>22492966Comparing blockchain tokens with only transactional utility (a fork on block size), to governance tokens for yield farming platforms, each with their own suite of products and utilities which are extended over time through further product integration. Very good sir comparison sir your logic is infallible sir.
i bought one of these with some eth change.. maybe it'll do something. YFL is where you retards need to be parking your money.
I don't get why people convert their eth to erc20 for farming instead getting a loan. They get too much price movement exposure. KNC interest rate on aave is like 40% and the pool gives >400%I used to farm 400 daily, also dump daily, now it's closer to 240 and I have stopped. I know two whales that currently farm more than 2000 daily and both have more than 20K and are not selling.I will hold for a while, they say they know the devs personally and it has potential, so now hold till 1000 yfv
>>22493748did he say anything particular about the devs? do they have mileage in crypto?
I just bought my last buy order for YFV and we got 3 days left to farm. We can slowly stop fudding and start explaining what is actually happening with the new token and project.
>>22494026Yeah, most are currently or ex from known teams. They are reputable in crypto standards..
>>22493748because you have to have that whatever erc20 to begin with lol
>>22494636I saw a couple of people selling eth or switching between erc20 to farm, exposing themselves a lot to pricing fluctuations. All I say is that they can try borrowing to minimize that risk.
you cant compare this to btc vs bitcoin cash.1. For starters YFV doesnt claim to the be the true "YFI"2. the differences between the original and YFV are the entire point of the later project. You get the original idea and improve it by making certain changes, in this case YFV is VERY community driven in its goverance. This is the whole reason the Defi craze is what it is, The code is open source, so you can copy it, make desired changes and be on paper superior to the original. This drastically increases innovation, but if you are naive, also increases the risk of scams. YFV however is as legit as you can get in this space.TLDR version: unlike BTC who has first mover advantage and modifications cannot gain the trust of the original, inspired projects by YFI are purposely innovative, there is no usurping, just a superior project at what it does.
>>22474567Poorfags represent. I've got like 3.>>22474832I lol'd. We're all gonna make it fren.
>>22495024Solidl points anon
I hope you all are accumulating vUSD. Think about what’s going to happen, they will announce a new vUSD pool with insane 5000%+ returns and people will start buying up the supply jacking up the price before rebases start. Be ready anons.
>>22496699Isn’t vUSD supposed to be a stablecoin?
>>22496699Staking...i have just over 50 vusd right now which means i dont have enough to make it but some nice gains will syill be nice
>>22496927>Isn’t vUSD supposed to be a stablecoin?This is what I thought as well but anon says its going to be worth way way more than a buck
>>22496927It will he eventually. But rebases don’t start for a while I think. There will be a huge rush of demand for vUSD driving the price up and rebases will just increase our holdings.
>>22497063So we should be selling any vUSD we make before it gets a stable price of $1?
>>22497372You should hold. Price will jump up then it’ll have to rebase to increase your holdings and you’ll have more money overall.
>>22497431Ty anon. Could you explain what rebasing is?
>>22486130Even worse news , I bought 100 at 21. It’s going to 0 now. Sorry
>>22497507In short the overall supply expands and contracts based on price. Say vUSD is $20, supply will effectively rebase to increase x20 (including your holdings) to get to $1.
>>22497547Oooooo I see I see. Thanks again for helping a brainlet.
>>22466196We are going all the way guys! So excited for you!
>>22466196I am READY to make that cash!!!!!!!!
>>22497736rugpull confirmed
How do you guys expect this to hit 40/60/100 when I can simply park my stack and get nearly 10% value in YFV for free per week? Are you betting on the TVL quadrupling? I just don't understand why anyone's accumulating bags. Help me see the light.
>>22499164The stern belief this is undervalued and people are getting shaken out by the liquid coin confusion
>>22478681How much YFV are you investing to get 2 YFV a day?
>>22499164Because it won't be raining YFV (or value) soon so people that want the benefits will need to buy. That's the thought.
>>22499287Not to be lazy, but is there any info on changes to the emission rate? I was under the impression that it was largely continuing as is, but removing some pools and giving value instead of YFV.
>>22499390Its still fairly high, we are growing by about 100k a day, but with the cap at about 4 million, its not nearly as terrifying as when the total supply was 12 million.when we are near the 4 million mark, this will explode .
>>22499487See, I thought it was 3.8m cap for YFV, but then value starts and that's a separate 3m. Then with those being interchangeable it's essentially 6.8m total. > (6) We suggest a maximum cap of 3M Value Liquidity Token, resulting in a total supply of 6.8M tokens in the YFValue ecosystem (3.8M YFV + 3M VALUE).https://medium.com/@yfv.finance/strategy-and-roadmap-update-sept-10-2020-9e12e53f2bdeSame thing still kind of applies, at 100k a day 6.8m gets hit quite fast. I'd assume they taper off the rewards or else the liquidity would all run away, but I don't know.
>>22499614I think the max value of VALUE is at $2.37 million. The voting just ended for it to decide the maximum amount.
>>22466196I love holding NEC and YFV
Why are YFV threads so fucking comfy
>>22499885Everyone is invested in this project, because it thrives on chaos. Anyone who holds, gets deeply invested in the way YFV is more about “farming” than quick gainz, and in the meantime actually delivers the farm.This shit is rock bottom being suppressed by whales, outdone by YFI, completely shrouded in mystery and yet it is highly successful at what it does.We are tired of moons. Give us the non-negotiable yield that we fucking wanted ever since the beginning of crypto.T. 20 YFV/day, wanted passive income since first heard of staking, invested in POWH3D.
>>22500046What are you staking to get 20 per day?
>>22500046Personally if they can deliver solid passive income the token price doesn’t matter to me
>>22500385BAT of All thingsLINKKNC (discovered a lot about this protocol throughout this process)BAL — love this shit, that’s why I’m so stoked YFV devs are creating a synonymous protocol by literally forking BAL & adding it to their protocol.If that’s not bullish idk what is.Ofc HODLing YFV after I earn it, because whales are market dumping to supress the price. So, obviously the best choice is to stake YFV & get vUSD in compensation.There will be a day that I sell YFVs for $500 a piece and fucking make it. Of that I’m certain.>>22500430Exactly. It is farming, done correctly. However they are freaking the fuck out to deliver a myriad of changes to the protocol that will increase token price, as well as improve passive income. It’s too good to be true lads.
>>22468691Plz explain anon
>>22500504Is there a min for staking? At the moment I only have 6yfd, but will be picking up more on Thursday
>>22500695Naw buy more
>>22500708Scratch that, I believe they did away with limits. Used to be 96 but at the least we have voted to significantly lower the entry requirements
>>22466196I dunno but I'm about to dump this shitcoin for more ARPA.
>>22500719Ok i plan on getting 100 at least. Just got into crypto, been accumulating (on a budget) link and algo, and now starting yfv
>>22500504Think it'll ever hit $1000+? I want this to be like Pepsi to YFI's coke.
>>22501175really hard to say. Because when the market cap emision is complete this will have a 4 million supply.At $1000 per token, that would put the market cap at 4 billion. It can certainly happen, even this year if these things go well, but it will need to establish itself as one of the top yield farm Defi projects. We need to see how high YFI can do in the next 45 days or so. If YFI can reach the 5 billion market cap range for example, then it looks more plausible for this to be able to do so later on this year as well. But Defi and Yield farming is such a new frontier, that we have to wait and see to have a better picture of what's possible.
I've deposited 2000 LINK into the yaLINK vault. It's been a day since I've done so and I'm yet to receive rewards for staking. How often am I rewarded? Sorry I'm an ADHD tard and thought I'd be rich by now.
>>22501377returns are low last I heard 40% APR annually but that changes each day mostly based on stable coin volume if I remember correctly. The APR is dynamic and changes frequently. You just get more aLINK than you deposited once you withdraw I believe but it also takes a fee to deposit initially
64 jannies check in boys let’s go
>>22501377You don’t use link in the yalink vault anon...
>>22501377You’re in the wrong thread retardo
why isnt this going up aaaaaaand when's the new pool out
This is the absolute bottom. If you don’t accumulate it’s your own fault
I'm not trying to fud, im seriously considering buyig a 1k stack. but isnt it alarming to anyone that YFI comes out and makes a historic, insane pump to absurd prices per token, then YFV immediately shows up and copies the branding? Its literally a trap for retard, emotional investors who look at YFI and dont even glance at the tokenomics of YFV, let alone anything else the token has to offer.I'm a little uneasy about the appearance and timing of this shit
>>22501913Have you read any of the medium articles? Seriously even one about the tokenomics and various value capture methods for the governance token?
>>22501913its not absurd at all, the craze of defi farming has let to some really skilled teams to try to borrow the original idea and perfect it in one way or another. this project for example has almost half a billion in TVL! YFI doesnt even have its own market cap in TVL at only 3/4th of a billion locked.
Exaclty. Buy as much as you can boys at these lovely prices
>>22501676stop leaking alpha anon
what you say makes sense and that's why there is huge risk but even greater potential reward if the dev team is legit and capable to pull this off.for now they have been top notch with audits, key burns, voting, top comms, etc. they did they best to ensure trust.we'll see in the next week or two if they can deliver the product they promised.but then the price moon and the risk/reward ratio drop accordingly
Bought another 25 jennies let’s go
Why is it dumping to sub 19?
Why is this shit dumping fukkkk
>>22503050if you haven't noticed already, the majority of alts are "dumping". We're all at the mercy of BTC movements
>>22503050Wtf is going on
>>22466666
Trying to shakeout weak hands. I might buy some I've only farmed thus far.
Pump incoming boys. Whales are surpressing the price Bought another 20 jennies
Vault opens in 4 hours I believe
D...C...A
This will hit 500$ once everything is in place a Coin for the people by the people