[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 21 KB, 454x577, cvp.png [View same] [iqdb] [saucenao] [google]
24509438 No.24509438 [Reply] [Original]

How much gas does the index need before this thing blasts off?

>> No.24510645

Well the speed has dropped much faster than I hoped... Not sure if people wont start giving up on this shitcoin and start selling

>> No.24511514

>>24509438

so apparently there's a 100ETH cap on the deposits, that means the whales haven't joined the party yet... they are still ironing out the little issues... when that's done, shit's going to take off really quick

>> No.24512010
File: 58 KB, 570x537, cvp gif.gif [View same] [iqdb] [saucenao] [google]
24512010

>>24511514
100ETH cap? Was that to limit the amplification of smaller existing issues on the power index launch? Makes sense to me.

Shamu's arrival will be nice once the cap is lifted.

>> No.24512104

>>24512010

precisely... yet another proof that the team behind this knows what the fuck they're doing

strap in, amigo

>> No.24513224

it's low because they made the thing so complicated and didn't explain it at all.

>> No.24513228

Strapped in and ready for take-off!

>> No.24513290

>>24513224
https://twitter.com/YanLiberman/status/1333998255831724033?s=20

>> No.24513860

>>24513290
Thanks anon, that was at least readable as opposed to those Medium docs. It sounds like staking PIPT alone is a profitable route, so why bother buying CVP?

>> No.24514828

>>24513860

the developers are getting 5% of the CVP, so it has to be profitable to stack CVP, otherweise they wouldn't do it...

>> No.24514972

>>24514828
That proposal has me feeling good about CVP. Only 5% for the team and basically locked for a year and a half? Looks like a good driving force to get this project booming.

>> No.24515028
File: 175 KB, 1260x1260, 1E4C3EE1-02EB-4863-8348-B306F4066674.png [View same] [iqdb] [saucenao] [google]
24515028

>>24513860
CVP gains a certain percentage of index fees which will drive value to the token.

>> No.24515037

>>24514972

since they're not getting that much and it's locked away they sure as fuck will try very hard to get the price of the tokens as high as possible

comfy hold, can't wait to ride this in the coming altseason/bull run

>> No.24515078

Can someone explain the difference in APY?

pipt staking gives 700% apy but only 0.21 cvp per month

meanwhile cvp-eth gives 500% apy but 18*(!!) cvp per month

So, what is the reward with pipt staking then? supposedly it should be higher but only gives 0.21 cvp
or the reward is something else apart from the cvp?

>> No.24515219

>>24515078
I think Is 0.21 CVP per PIPT staked. No?

>> No.24515254

>>24515219

holy fuck... I NEED TO GET SOME PIPT

>> No.24515296

>>24515219

yes, but cvp-eth pool gives 17.94 cvp per token per month

So I dont understand why shouldnt I just use this one

>> No.24515383

>>24515296

you have to stake CVP-ETH in a 1:1 relationship so 195CVP:1ETH...

PIPT ist $1,5

so CVP-ETH is higher investment, higher reward
PIP ist way lower investment, lower reward...

sounds sound to me

>> No.24515706

>>24515383

goooooooooooooot it

thanks dude

>> No.24516680

>>24515296
Dayum 18 CVP per month sign me the fuck up.

>> No.24516686

>>24515078
The CVP-ETH tokens are much more concentrated. I put 100CVP and .5 ETH in a Uniswap pool and got 5.6 of the CVP-ETH tokens. It's 18 CVP/month per one of those. Whereas PIPT is cheap at $1.50, for the price of my CVP-ETH i could have gotten 400+. so the CVP per token is lower but the overall APY can still be higher.
Also don't invest if you're actually this retarded and couldn't figure this out