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/biz/ - Business & Finance

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22870463 No.22870463 [Reply] [Original]

CORE is a non-inflationary cryptocurrency that is designed to execute profit-generating strategies autonomously with a completely decentralized approach. In existing autonomous strategy-executing platforms a team or single developer is solely responsible for determining how locked funds are used to generate ROI. This is hazardous to the health of the fund as it grows, as it creates flawed incentives, and invites mistakes to be made. CORE does away with this dynamic and instead opts for one with decentralized governance.

CORE tokens holders will be able to provide strategy contracts and vote on what goes live and when, in order to decentralize autonomous strategy execution. 5% of all profits generated from these strategies are used to auto market-buy the CORE token.

=====================
Deflationary Farming
=====================

Farming tokens have a problem for their owners. To keep users farming, they have to mint ever more coins. This completely destroys the value of the underlying token, due to excessive inflation. It's easy to find examples of this across the DeFi ecosystem.

Our solution is called deflationary farming, and it is quite simple in only two steps:

1. Charge a fee on token transfers
2. Users can earn the fee by farming

This simple process means that those holding tokens are able to farm without infinite inflation.

=====================
Keeping Liquidity Liquid
=====================

All transfers have to be approved by the CORE Transfers smart contract, which will block all
liquidity withdrawals from Uniswap. This will guarantee a stable market, giving holders and farmers skin in the game.

=====================
10000 CORE Forever
=====================

Theres absolutely no way to create new CORE tokens. This means the
circulating supply can only ever go down, period.

>> No.22870490
File: 13 KB, 1052x131, Debunk pls.png [View same] [iqdb] [saucenao] [google]
22870490

>>22870463
I have 1 CORE. Can't help but feel this will be rugged soon.
When to sell?

>Also someone debunk pic related

>> No.22870496

>>22870463
you were supposed to sell yesterday anon, the party is over

>> No.22870542
File: 44 KB, 1255x864, SSHOT_00332.png [View same] [iqdb] [saucenao] [google]
22870542

>>22870496
>the party is over
Pic related.
>>22870490
Depends how much of a degenerate gambler you are. I've taken my principal and a bit of profit out, and letting half a CORE ride into the sunset. If it moons, that's only 1/4 of the profits I could have had, but I'm sleeping soundly.

>> No.22870545

>>22870496
Weird saying that for a token that just broke 3k but you do you bro

>> No.22870562

BROKE 3K HERE WE GO FAGGOTS

MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON

>> No.22870603

>>22870545
It broke 3k yesterday then whales dumped and killed it for the last 20 hours. You are clearly a shill so I'm only saying this for other anons- this project will dump on you when you think you're 1000 up and then you'll be 1000 down.

>> No.22870648

Is there a coingecko link?

>> No.22870667

>>22870496
cope lol

>> No.22870674

>>22870463
post this on reddit too

>> No.22870686

>>22870603
hey found the retard who bought at 4k. Imagine being so fucking stupid you purchase a coin after it goes up 4000% , then say its a dead coin when it retracts. You are literally hopeless.

>> No.22870692

>>22870648
no coingecko yet, 1 day old

https://www.dextools.io/app/uniswap/pair-explorer/0x32ce7e48debdccbfe0cd037cc89526e4382cb81b

>> No.22870703

>>22870648
supposedly just submitted and should be up within 24 hrs

>> No.22870790

>>22870686
Found the jeet trying to get people to buy his dead coin.

>> No.22870945

We should not allow this token to make racist neets rich. If there won't be anyone to wagecuck in first world countries, the browning of the population will escalate at an even faster pace.

>> No.22870995

>>22870945
Too late, I am a racist and I have made massive profits already

>> No.22871001

>>22870790
>Dead coin.
>93m in 1 day volume.
>Literally 3x the volume of the #3 token.
>31% of all volume on uniswap.

Yea, she's dead alright.

>> No.22871058

If I bought in at 2.5 do I sell and reinvest or keep it riding

>> No.22871079

>>22870496
we are back baby... we are back

>> No.22871102

>>22871058
keep riding man. this is going to $10k soon.

>> No.22871124

If I can withdraw LP tokens from the contract but can't redeem them to CORE/ETH, what prevents me from selling them OTC to somebody with a discount from market price?

>> No.22871151

>>22871124
>what prevents me from selling them OTC to somebody with a discount from market price?
Absolutely nothing. If it gets big enough, there'll be a secondary market for the LP tokens for sure.

>> No.22871161

>>22871124
Nothing, there are tokens on Bounce and Airswap now you can buy.

>> No.22871207

Am I missing something, why would the LP tokens be worth anything if they cant be redeemed?

>> No.22871232

Still upset about that dump, had to sell other tokens to recover my stack because of my panic sell

>> No.22871236

>>22871207
Because you could stake them yourself, takes a step out of things in case that is your plan already. And there will always be people trying to stake this as it's deflationary

>> No.22871251

>>22871207
Staking rewards, just look at the website ffs

>> No.22871373

>>22871251
staking rewards on a token that has nothing backing it up because the CORE/ETH cannot be redeemed? Call me as many names as you want I still dont get what you guys are talking about.

>> No.22871396

>>22871151
https://bounce.finance/join/swap/2856
nice discount but I can't buy for some reason.

>> No.22871404

>>22871373
never mind I'm drunk, you're literally just talking about trading your claim to the stake

>> No.22871427

>>22871396
>nice discount but I can't buy for some reason.
Time left
0 Days : 0 Hours : 0 Minutes : 0 Seconds
That'll be why.

>> No.22871662

It's blowing up again

>> No.22871707

>>22870790
you are poor and stupid. Feel sorry for you.

>> No.22871716

BUY BUY BUY

if you dont buy you deserve to be poor!

>> No.22871762

>>22871232
Yeah man same. I got crushed in that dump. I did manage to swing 40% of my losses back, but I mistimed the latest pump and I’m priced out now. Sucks.

>> No.22872262

got 11 at 400 usd. nice.

>> No.22872310

>>22870995
Same brother. Still intend to hold a job until this hits $100k per $CORE though lol

>> No.22872331

>>22872262
Lucky

>> No.22872365

>>22872310
>100k
you are fucking delusional

>> No.22872506

>>22872365
>he doesn't know
ngmi

>> No.22872545

>>22870463
>Cote is a cryptocurrency
>that is actually a meta ponzi
Dropped

>> No.22872557

>>22872365
refer to >>22872498
this will have massive buy pressure at all times going forward. $100k is a $1b mcap, but also remember a good portion will be locked away at any given time, so circ supply mcap could be much lower

>> No.22873048

>>22872557
right now 27% is locked at the LP. And this number will probably increase.

>> No.22873139

>>22872545
This is a ponzi but very well done. No fucking whale can unstake his stack and market sell it to dump the price to the ground. He can sell his LP at a secondary market, but that doesn't affect the price.

>> No.22873633

>>22873139
so you have to stake? Probably if you want the APY right. you can just try to flip the coin though right?

>> No.22873647

>>22870463
Sorry, fag, nobody wants your community / hobby dev shitcoin in a true bull run.

xBTC is the future.

>> No.22873678

>>22873633
You don’t have to stake but when you stake your funds are locked forever.

>> No.22874010

>>22873633
You can't redeem your LP tokens (actually you can but that is very difficult). So it's one way ticket: you convert your CORE/ETH into LP and they are locked in them forever. So it is a self-deflationary token.

>> No.22874124
File: 473 KB, 671x842, 1581793976895.png [View same] [iqdb] [saucenao] [google]
22874124

>>22873678
>>22873139
This reminds me of those crypto ponzis back in 2018 where every time someone bought into the contract the price went up a bit and you couldn't sell, but everyone holding made gains from people buying in. Proof of weak hands or some shit it was called, I made a few thousand link from that shit lmao

>> No.22874206

I scooped .2 for the hell of it, no clue what it does and didnt read OP

>> No.22874236

>>22874206
Chad AF.

>> No.22875151

https://bounce.finance/list/swap/2882
discounted tokens
remember if you buying at 30% discount, ur implied apy is 30% higher. since apy is based on current price of the lp token.

CHECK THE CONTRACT DONT GET SCAMMED

buy discounted tokens 20-30% cheaper then uni price

>> No.22875164

>>22871001
Almost all of that volume is just wash trading from automated buybacks. Only the dev can unlock liquidity, lmao have fun.

>> No.22875232

>>22870463
Where does one buy this piece of shit coin?
Sounds like a total fucking scam, but idgaf

>> No.22875265

>>22875164
You fucking idiot, volume makes money for stakers regardless of who or what's causing it, driving up the value of the token

>> No.22875284

>>22875232
It's the coin with the highest volume on Uniswap: https://uniswap.info/pair/0x32ce7e48debdccbfe0cd037cc89526e4382cb81b

>> No.22875645

APOLOGIES HAD THE WRONG LINK
DISCOUNTED TOKENS HERE
https://bounce.finance/join/swap/2882
CHECK THE CONTRACT

>> No.22875679

How do I stake it, need to convert my core to "CORE/WETH LP"? Should I even stake?

>> No.22875729
File: 145 KB, 1999x1333, image.jpg [View same] [iqdb] [saucenao] [google]
22875729

>>22870496
idiot.

imaginw calling a 1-day old coin with 1/3 of Uniswaps total trade Vol dead... JUST GETTING STARTED

Retarded faggot.

>> No.22876388

>>22875729
the price isn't really representing that theory, should be like 10k already

>> No.22876401

>>22875729
also is there any discord for this?

>> No.22876506

>>22876401
/hPUm9Jh

>> No.22876978

Saw this at presale.. didnt buy.. saw this at 300.. didnt buy.. its 2700 now.. FUCK.. I DUNNO ANONS. IMAGINE FOMOING IN 9X