/biz/ - Business & Finance

It was nice while it lasted

>>23054290
Was it? I guess so... the devs seem really sketchy tho

>>23054306
Resale value for LPTs on balancer is plummeting.

>>23054306
It was considering that apy will eventually settle at around 50%. And yes you can't exactly sell when apy is dropping, because lp token price crashes at that point, so things quickly get complicated. Holding the pump is better of course than farming volume.

>>23054445
The problem with this is the "non-inflationary" token is worthless because ppl buy and stake the LPT and there is no reason to use the CORE token except to dump farming profits. Seems like a straight line to zero.

End of epoch baka,it will recalculate back to normal levels soon.

it's up already kek

>>23054709
Ya I guess it's only losing about a 150% per day which is decent for these farming scams.

...Dev will have rolling average next time for all the retards who don't understand a reset

>>23054173
why did the APY decreased that much?

Yeah but it may bounce up a bit. Such is the standard scenario with all farms, I am looking now into forks, bought into amplyfi liquidity event an hour ago with my 30 eth core profits.
The key is being as early as possible.

>>23054173
It's a new epoch, APY calculations just started over.

>>23054173
why did the APY decreased that much?

>>23054864
because they were scamming by leaving 7 days worth of history there to make it look way better than it was. the dev is totally corrupt

>>23054864
Dev reset the counter, has said he will implement a live tracker instead now because people ask constantly about it.

3.167 LP staked
0.001783 claimable for 3.3 hours
~0.004 CORE per LP a day
~312% APY if you buy CORE, but LP on balancer is 30% cheaper now, so actual APY is ~400%.

You didn’t think this would last forever did you goys? Hope you made big money but don’t forget to take profits on these scams. Invest in quality projects like Polyient Games (PGT) and you won’t have to worry about exitscams, rug pulls, shady anon devs, whilst participating in the next upcoming trend of NFTs and gaming.

>>23054988
actual APY was approximately the same, I checked it.

>>23055155
Kill yourself

>>23055155
NOTHING I do as a farmer is good for the core price.

EVERYTHING I do as a farmer is BAD for CORE price.

There is unironically no reason to transact in or hold CORE.

I buy the LPTs on balancer and dump my farmed core on you moonbois. Soon I will dump my LPTs too because the APY is going to absolute shit.

Explain to me how this project is not doomed from the start.

>>23055155
The fucking retards are discontent with a huge 400% APY. They should go to a food token farm with 100000% APY instead and shut up.

>>23055155
such smol pp energy posting other tokens in a thread for a different token. dont know when but it seems there's actual low IQ peasant class that think this is acceptable behavior

>>23055121
There is always this one dude in every core farming thread who claims insane returns are eternal. Are you the owner of the pool on balancer with 9% fee? It's like you are 9x kike.

>>23055305
you can stake a little amount and check it yourself if you doubt.

>>23055214
This is the problem. This is just the same as all the food shitcoins. You can wrap your scam in a windows 3.1 hipster theme and name it after something besides food but the mechanics are pretty much the same. This one doesn't inflate but they forgot that the only incentive for farming tokens is the insane rewards which butn out after 2 days. This whole thig is just as retarded as kimchi or bacon etc..

>>23055385
And if it won't be as good as gullible me expects, then I am paying you 9% fee twice, first for buying, second for selling. That's like giving you more than 1 eth for 1 lp token.
You do realize that if it would be that good, a whale would buy all those tokens already?

>>23055400
No, because the foodcoins are inflationary but CORE is deflationary. APY will decrease over time but you actually can make money with it. Also it's been rising for more than a week, but a foodcoin usually dumps in a day after start.

>>23055520
>You do realize that if it would be that good, a whale would buy all those tokens already?
When CORE price constantly rises, it's more profitable to hold CORE in a short term than stake it.

>>23055599
The real problem with core is that the entire premise is flawed.

NOTHING I do as a farmer is good for the core price.

EVERYTHING I do as a farmer is BAD for CORE price.

There is unironically no reason to transact in or hold CORE.

I buy the LPTs on balancer and dump my farmed core on you moonbois. Soon I will dump my LPTs too because the APY is going to absolute shit.

Explain to me how this project is not doomed from the start.

>>23054994
>Dev reset the counter
sorry brainlet here. What is the counter?

>>23055181
you are providing liquidity, dipshit

>>23055756
You are an absolute clueless loser.

>>23056143
>you are providing liquidity
I've done that already.. now I am draining it's value slowly. I can only hope retards will continue to delude themselves into thinking CORE is worth money so I can keep doing it.

>>23056143
providing liquidity for what

>>23056200
>>23056143
they are bleeding and don't even know it

>>23054173
>all this sudden FUD right after we break resistance
OP is a faggot and trying to get you bros out before this next massive pump

>>23056264
trying to save some frens some money. i already explained why the system doesn't work. stop trying to unload your bags on clueless newbs

>>23056250
>11 posts by this user
What's your motive, faggot? Are you in cahootz with that loser 14 year old moron and cyotee or what?

>>23056306
your explaination is just you being a boasting faggot about buying LPTs. the apy FUD has evolved since last week and i give you credit for your creativity but i guarantee you will shut the fuck up after the pump and have to think of something else

>>23056314
nah this thread is just uncommonly dense.. even for this place. tokenomics guarantee a straight line to zero anon. why are you so attached?

>>23054173
farming of this coin doesn't even matter, it's a store of value

>>23056359
now i know your baiting. everyone knows its literally impossible to hit 0 due to the code itself. there is a base price and it cannot go below that.

>>23056365
more like a store of sunk cost

>>23056359
More FUD, APY is back over 350%, it was low because the counter was reset and it wasn't averaging out yet properly.

not to every one. check this out:
https://medium.com/@colibri.finance/colibri-finance-better-yield-farming-approach-c675a67d9ac4

>>23056388
i mean this is what some gullible noobs believe yes, but do u believe that it is mathematically immune to dumping? this is going to be hilarious. The eth will stll get drained fren

>>23056449
the fact you are spending so much energy fudding core is extremely bullish and has the opposite effect on the minds of people reading it. you make them WANT to buy Core, you absolute moron.

>8k rejected

>>23054173
what a mong

>>23056486
you think it's bullish that some schizo is fudding a project while farming it?

>>23056552
did you just call yourself a schizo?

>>23054173
Shucks another ponzi dead

>>23056750
yes retard do you know where you are?

So all we need to do is wait now until new pairs are released, right CORE brothers? Once CORE starts spreading all over the crypto space, we'll be raking in those fees like you wouldn't believe.

Fud is strong today. Don't give in to these guys. They're looking to buy your bags for cheap then laugh at you for buying their fud when it pops over 15k.

current APY

lol

all the retards fudding cause they missed out

get rugpulled on your next shitcoin fags

>>23057191
no one wants your bags bro, when the hype dies the token dies if there's no fundamentals, it's simple, this one is based on artificial apy coming from volume, when there's no volume it's gonna crash and burn

>>23057191
this

>>23054173
>This happens to every single farming shitcoin
why

>>23057414
brutal kek

>>23058210
What do you do with CORE/FOODCOIN besides collect transaction fees from people betting on it? If it's no longer a popular bet, fees go down so it's not worth betting on: death spiral

BORING

nice fud.
pretty pointless trying to fud people who cannot sell though.

>>23058633
They can unstake and dump the LPTs. There are already a shit ton for sale since everyone is moving to XFI

>>23058667
And I'm buying them

>>23058667
>xfi

So you admitted that you're shilling for a chink scam

>>23054988
Fuck you jew prick

>>23055155
Fuck you IDF

>>23056250
Seriously fuck you parasites GTFO /biz/ discord tranny

>>23056306
FUCK YOU KIKE

>>23058754
>>23058860
You don't even know who your dev is fren.. and I'm not shilling, I'm stating a fact. you can see the mass migration on Etherscan

>>23056945
FUCK YOU IDF>>23058667

>>23058935
Don’t call me fren you dirty semite. fuck off from /biz/ you PARASITE

>>23058987
bitch you don't even know who you are talking to. continue to buy my bags and seethe

>>23057191
I'm not letting these retards take my bags. There was a lot of fud on yearn at $1,000, the same fud may I add. I ended up selling when I could have made a fortune. I feel this is the same deal. This has the 3rd highest volume on Uniswap and these retards are acting like there is no way to sell and the APY is gone. Ha

>>23059036
KILL YOURSELF KIKE I WILL DOOM ALL JEWS KEEP YOUR PETTY SEMITIC SHIT UP J

>>23059113
It's so easy to take your money when your panicking. fuck anon

>>23059137
you don’t own 1/6 of my crypto $ poorfag. I

>>23059307
mhmmm... good goy

>>23059326
Poorfag.

>>23054173
Coil doing real great I'm heavy into it

>>23059539
I've been raping plebs like you since 2016. Talking about things you know nothing about... why you're poor.

>>23059908
Live action role play

>>23059908
I have 30 core and 15 LP. And I'm not selling. If you're such a rich whale genius, let's see your LP stack Sanjay? Post pics

I spread FUD on CORE so I can buy more at cheaper prices

>>23060420
profiled

>>23060494
Post pics or you truly are just a poor street shitter as we all suspected

>>23060517
Is that your whole stack? kek

>>23060560
My whole core stack, and a lot bigger than yours. Post core stack, prove you're part of the Poo 500

>>23060435
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