/biz/ - Business & Finance

Coming up in OCTOBER:

- Value vaults uncap increasing TVL (completion of pending audits by well known auditors)

- Defi pulse listing almost finalized; 1inch and paraswap is in discussion

- Pools begin to accept VALUE tokens

- Farming rewards exhaust from pools and reduced emission from governance vault so less inflation of VALUE supply and farmers dumping

- Provide clarification to the vUSD and vETH tokens and rebase mechanism initiated

- Complete the major updates to the site(s)

- Accelerate the marketing aspect and promotion once major project developments are complete
BEST PROJECT FEATURES:

- Native DEX and Liquidity pools. Compared to UNI and BAL which pay you nothing; VALUE gives you a piece of the action. Phase 4 brings monopoly on all trades across all supported dexes. You hold VALUE, you get % provision of all trades.

- Vault strategies automatically select most secure, highest APY% farming pools to give you better fees/rates and saving on gas than UNI or BALANCER or chasing high apy by moving from project to project

- Using vUSD/vETH as rewards once VALUE rewards exhaust creates a non-inflationary reward ecosystem in which token price can not be as easily manipulated by large account holders

- Governance Vaults gain a share of the other vault rewards, incentivizing staking over HODLing on centralized exchanges, which can drastically reduce the circulating supply, use of our own DEX over CEXs and drive up VALUE token price.

- Buyback and distribution of Value from Vault rewards further incentivizes staking the governance vault and reducing the available circulating supply

- All contract changes have 24hr Timelock for safety and trust


- Devs have proven their accountability in the early days of YFV by restoring lost funds that had been exploited, completing numerous additional audits and furthering the goals and value to the community by expanding the project into VALUE and separating this project from ‘yf’ clones

Twitter giveaway!

https://twitter.com/yfvaluerocks/status/1314586306303930368?s=21

>>23154336
a fuckin giweaway.... fuck off discord tranny
muh free tokens to dumb the price

>>23154272
that fucking meme pic with muh cartoon monster just... JUST
no one high iq will never buy this shit

>>23154395
Ok, retard.
>$10 giveaway
>Muh discord tranny
Pic related, it’s you.

>>23154445
>>23154395
That’s some high quality FUD there dude. Just sold 100k. How do I take down this thread?

I hate this trend of photoshopping coin logos onto random pictures, especially when its coins I'm invested in. Its so smalltime and just reeks of curry. Are you on the discord? Fuck off with this pajeet shit.

>>23154591
I am on discord but I don’t go there often. Feel free to post better pictures in the thread, I will use them.

>>23154620
Fuck threads and meme pictures, you don't need to shill or promote this on /biz/. It's an entire defi ecosystem being built, not some uniswap shitcoin.

Get salty if you want but he’s not wrong

It’s happening. If you didn’t buy at $4 you missed out. Don’t miss out on $5

>>23154695
But..I want NEETs to get rich

If YFV can go $10-80 in 3 days purely on speculation even with massive inflation and an inferior product, imagine what VALUE will do instead.

Sounds decent, but the meme is not good. So i will buy some curry instead? WTF? Buy you cucks! This thing moved up 50 spots on UNI in the past couple of days. You were warned!!!!!!!!!!!!!!

>>23154728
>>23154717
>>23154705
>>23154695
>>23154591
Can’t we just get some /biz/bro’s in on a Moon mission without
>”I’m giving back to /biz/“ (10 min before rugpull)
>OMG New UNIGEM (5 threads mysteriously of the same unheard of coin)
True rocketship here, I been saying for months. Mark my words.

>>23154728
Slowly crawl to 50$ range when curryniggers will sell off and then plummet to 20$ and then it will moon to new 200-300$ highs because pajeets don't deserve to be part of something great as this

>>23154874
Turkishroaches all trying to sell at $100 lmao. Make sure to sell at $70, & $90 to just undercut them

>>23154272
brainlet here, please help me. So i was staking in KNC pool and now it's being closed, so I claimed rewards. I got some VLP and some Value. How can I get my KNC back with VLP / How can I stake in another pool, say LINK/VALUE pool or LINK/WETH.

>>23155041
Your VLP is KNC VLP, so you either sell it & get back your KNC, or you can stake in the Value Liquid KNC pool. It’s not the same thing as LINK VLP

>>23154272
>>23154272
Super fucking comfy after buying more last night. Thank you to all anons who are staying on top of this rapidly developing project.

>>23155069
>sell it & get back your KNC, or you can stake in the Value Liquid KNC pool.
Where exactly can I sell it? The KNC VLP thing, now balancer thing is gone. Also from what I understand, Value Liquid KNC pool will be shut down in like 6 days or something which is why I withdrew my reward and KNC VLP. There isn't a new KNC pool yet, please correct me if I'm wrong.

>>23155140
Valueliquid.io
You need to first install and claim rewards. Then you will have the VLP in the KNC VLP pool which will expires soon. Redeem the VLP for KNC/Value. Then trade it for your desired token.

>>23155140
Go to value liquid and remove the liquidity. Similar to uniswap.

>>23155199
>>23155200
Aaaaah finally found it. It's a convoluted fucking UI. Thanks a ton anons. What do you reckon I should do next? Invest in another pool or just swap my KNC for more VALUE and stake in governance vault?

>>23155117
No problem, anon, I have been saying for months, this is pre-pump YFI, with better supply.
>Devs more agile than any I’ve seen, incorporating best DeFi practices into protocol
>Devs also have spicy tricks up their sleeves
>People don’t really like buying tokens over $10k, it’s not only a huge financial barrier to entry, but also a large psychological barrier
>no one wants to own .34 of something. (CORE, YFI got this wrong, and it is, IMHO why btc has taken so long to rise past 10k)
>Anyone can buy this and use it to farm with seamless access across many LP’s
>Using AI & compounding tricks to improve underlying token.

Buy of the month right now, desu senpai

>>23155324
I agree it took a while for me to figure it out too. Another thing I noticed is that value liquid doesn't have dynamic updates yet for changes in VLP inside the linked wallet. When I pulled out of the WETH farm, the VLP didn't show up until after I refreshed the value liquid page.

>>23155590
Likewise, I checked my wallet transactions just to be sure. I just couldn't find the link to swap VLP and exit pool, it was right there all time. Thanks again tho.

<@395313632201801738> DefiPulse listing is almost finished and available to public. We’ve finished all the steps on our side just waiting for their team to finish theirs (they have a lot of projects to handle everyday)

t. Devs

will the gov vault v1 be auto transferred to gov vault v2? will i need to change my yfv tokens into VALUE or will the new gov vault accept both?

>>23157137
I was wondering if I should pull out of gov vault and stake in another pool for now?

>>23156039
Its been a roller coaster.
Devs have worked with the community and came through on every commitment they have made.

Turbulence for sure; if you have been following you know this project has massive potential.

Thank you team at Value.

yeah awesome project!
at the beginning I though I was only able to farm 100 YFV but thanks to the cheap prices I now accumulated almost 1000!
looking forward to my bags to moon

oh and devs are amazing.. can't believe they don't get more recognition in the wider defi community

i have 36, will i make it?

not auto transferred from what they said.
We'll have to accept the transfer and pay some gas but it should be a simple operation.

>>23155069
whats going on with link vlp? apy is tumbling down, and im scare. what do i need to do and when. been farming with all my links since before value was announced

>>23157896
I think they got rid of all the 98/2 Pools.
Could be wrong though.
Questions will get answered on Discord. The Dev/Mods are pretty on top of things there.

>>23158044
the pool is still there tho?

>>23155069
am allin link allin famring with you guys. have been since farming yfv was a thing. do i need to do anything now?

I am here to save your money. I bought whatever this new coin is when it was called YFV and I lost 200 fucking dollars on this bullshit, my point is do not buy this unless you like to get fucked...

Ok but they HALVED emissions in the link pool. This is hard to forgive and I'm honestly thinking about going back to sushiswap where I can earn double at this point.

>>23158436
Is that really your best?

>>23158547
they wat

>>23158578
They cut the LINK - YFV pool APY by 50%, they called it 'dead capital.'

>>23158608
Why would you go on internet and lie? Link pool wasn't called dead capital, reward emission has been halved for all high liquidity pools in order to provide incentives for two new pools and prolonging of gov vault rewards. But if you were farming and dumping then i'm happy that you will move.

>>23158718
that's right anon!

Misterwunderful loves you

use my ref please https://valuedefi.io/?a=2GcuYZcL22f1gxk79ASVBZyTL5Ma

>>23158578
i exited. gotta keep them linkies safe

Imagine shilling this piece of shit as if people forgot that it dumped from 85 to 20 in less than 24h and from 20 to <10 in a week... kek

>>23158998
It also pumped in less than a week during the y craze when it didn't have 5% of current ecosystem in place, you are telling just half of story.

>>23159211
It pumped in a week, it dumped in a day.

>>23158718
>Six lower risk and low liquidity farming pools (YFI, KNC, REN, LEND, COMP, SNX) will stop emitting VALUE rewards at (October 08, 2020 16:00:00 GMT+0), while 5 others (USDC, LINK, WBTC, WETH, vUSD) will have their emission rates cut by 50%, or an effective reduction from 10 VALUE/block to 3 VALUE/block aggregated across all pools.

their emission rates cut by 50%
>their emission rates cut by 50%
their emission rates cut by 50%
>their emission rates cut by 50%

>While these changes may impact the TVL in the short term, after careful analysis we determined that the 6 above pools contribute very little to the ecosystem (non-contributing or “dead” capital). The trading volume on these pools is also very low, which is why we have chosen to focus on the liquidity pairs with higher trading volume and engagement.

(non-contributing or “dead” capital)
>(non-contributing or “dead” capital)
(non-contributing or “dead” capital)
>(non-contributing or “dead” capital)
(non-contributing or “dead” capital)
>(non-contributing or “dead” capital)
(non-contributing or “dead” capital)

Where is the lie? Link pool along with 5 others were called dead capital.

How can you confirm that no backstory problems will happen similar to BREE where new tokens are minted from YFV, transferred to VALUE and sold off. As it stands if I am correct they said that YFV will be able to be transferred at a 1:1 ratio no matter what. So how do we know that they won’t do a rugpull by minting more tokens on the YFV contract (is anyone still checking this contract btw)

As you can imagine there are some scary similarities to the BREE case. Anon team. Two token system. Before you say it’s been audited, BREE was also audited.

This is no FUD. I want solid answers anon. The fate of your project lies within your answers. If you want this project to succeed you have to answer the FUD eventually to clear things up.

reminder to filter all tripfags

>>23159460
Nigger, do you know how to count? Yfi, knc, ren, lend, comp, snx - 6 pools
Usdc, link, wbtc, weth, vusd - 5 pools

6 dead capital, 5 have been reduced but prolonged because of restructuring.

>>23159568
Where will you get that extra YFV when keys have been burned at second week of existence? All swaped yfw is under value contract that is under 24h timelock and soon to be under DAO.

>>23154272

Why the anonymous team? Nah nah this shit reeks of pajeetery.

>>23159568
this was a good FUD lol, only OGs know the answer

>>23158608
Dead Capital was the 6 pools they closed forever you fucktwat. Don’t ever call my Linkies Dead Capital again. I'll have you know I graduated top of my class in the Navy Seals, and I've been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I'm the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit about Link over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You're fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that's just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking dead, kiddo.

>>23160095
worse, zoomers that ruined their life before it started for a couple of grands

>>23160469

>>23160503
How if they are anon? Only real fud is if they are jeets or chinks

>>23160676
Public blockchains, public messenger app groups working with lea, public social media platforms working with lea, crypto tumblers controlled by lea.

Yeah anon, very much anon. I know if they don't get dragged into a windowless room a week after they committed multiple felonies they think they are safe, but law enforcement works slow. Ross was "anon" for nearly 3 years before he went to jail for multiple 100 years

I feel like i need to buy more of this. #13 on TVL and still under 20 m market cap. It seems very undervalued still

Anyone still farming with LINK? Do you guys feel like it's worth it with the rewards slashed?

>>23159568

YFV contract's admin key has been burned off
Meaning they can't do any changes, minting on the YFV side anymore
Which technically have cons like no changes can be made anymore but of course no extra minting

>>23161629

Technically if you are looking at the APY%
If you are expecting the price of VALUE To be up 2x or more, then you can continue farming

If emission rate actually halved, technically supply pressure will goes down and price SHOULD go up, this balanced off the scale of both supply and demand

Tl;dr
Price should 2x, so you can continue farming since
Emissions go halved, less supply flow to market from farmers
If demand stays = demands Actually get over supply and turn into buying pressure

>>23161780
i'm kinda worried LINK might go parabolic and leave me with nasty impermanent loss(that would pretty much be permanent at that point)

>>23159568
Locked keys for V1
24h warning in all changes
>>23160095

For all shills, this is you:
https://youtu.be/bLiXjaPqSyY

>>23161996
I already have a 200 Link impermanent loss. I'm holding out for right now. But I am worried Link might go parabolic as well.

>>23163013
surely you have enough VALUE rewards to cover for it though

>>23163013
LINK & BTC could obviously go parabolic. Definitely make sure to keep those in your portfolio if you have enough that they can give you access to a LAMBO.

However...
The promise of massive gains is much greater for this Altcoin. I’d call LINK a blue chip (as far as crypto goes) & Argue LINK May even be leading BTC for major market movements. They will probably go 1000-10,000% at some point in their lifetime.

However, at $5, this will go 1000% rather quickly and much more easily, as far as I’m concerned. You probably know that.

BTW did I mention Value Liquid has its own exchange, like Uniswap, as well as its high quality LP protocols?

I’m drunk and I would really enjoy debating some FUDers