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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23355911 No.23355911 [Reply] [Original]

Check this out anons...

https://uvault.finance/

Looks like a CORE fork but they figured out how to actually lock liquidity tokens, unlike CORE. It uses a wrapper token called REACTOR which gets issued to the participants 1:1 for liquidity tokens. They built a bunch of governance shit on top the base contracts too.

What do u think anons? Worth a dive?

>> No.23355987

im too broke to consider investing but desu this is the only fork that's actually a fork, not a copy

>> No.23356070

the wrapped tokens are a really interesting concept, all the core forks before this were shit, this looks pretty legit. Will do more research though

>> No.23356073

Hmmmm a CORE fork that's not a trashy copy paste? Sounds interesting anon, definitely keeping an eye on this one

>> No.23356110

500 eth cap is attractive but idk

>> No.23356170
File: 91 KB, 739x725, 138EF691-C1E8-4313-B5D8-92705F145490.png [View same] [iqdb] [saucenao] [google]
23356170

These wrapped liquidity tokens, pretty sure this is a new innovation right?
Has anyone seen this before or am i retard

From article: https://medium.com/@unicore/meet-unicore-uvault-finance-a6e73d51e989

>> No.23356203

>>23356170
Yeah mate, that’s why I’m bullah on this. These guys made a whole layer 2 solution for liquidity tokens.

>> No.23356228

>>23355911
PTIME is another good CORE-based token. Devs have been around since May

>> No.23356282

Bro stfu

>> No.23356404

>>23356110
i'm thinking its worth a small punt. so far the code looks good to me, it's all on etherscan.

anons, let me know if you see anything fishy in the code. i'm only decent with solidity

>> No.23356431

gj kikes i send you my precious eth
now make me rich

>> No.23356506

You fags actually think this will do something.. hahaha - prove me wrong

>> No.23356583

>>23356170
yeah its the first time ive seen something like this, that's why this is the first CORE fork id invest in if i didnt lose all my money on fcking ENCORE and it's 14 y/o dev

>> No.23356584

will def put in some ether, hope the hype sticks

>> No.23356831

>>23356203
>>23356583
Interesting. Could be exactly the under-the-radar gem im looking for. Everyone is done with shitty core forks, but core itself is doing good still. Im thinking a fork thats actually good and innovative might be just what the market needs...

>> No.23357041

>>23356583
lol plssss if this site was made by a 14 y/o it would have to be vitaliks younger bro

>> No.23357134
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23357134

>>23356831
Exactly my thoughts, yet have barely anything to throw in it.

>> No.23357192

>>23357041
nah not unicore, that UI looks sexy actually

fcking encore was a literal 14 year old

>> No.23357361
File: 3.55 MB, 800x450, gtfokikeshill.gif [View same] [iqdb] [saucenao] [google]
23357361

>>23356831
>Could be exactly the under-the-radar gem im looking for
Holy shit this shilling is too obvious lol
CORE IS THE ONLY CORE FAGGOTS

>> No.23357427

LGE filling fast, might throw in a few ether like a true degen

>> No.23357450

>>23357361
Cringe. Imagine advising anyone to buy CORE now at its top.

They have some half assed ‘fix’ for removing liquidity, and governance is still ‘coming soon’
Unicore has a proper *unique* fix with these wrapped liquidity tokens, you will even be able to trade them on uniswap. Plus, governance is ready to go.
Add to that a 500 eth cap, and u really wanna shill me fcking CORE with huge marketcap? Nt retard, keep holding it like you did NEO

>> No.23357631
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23357631

>>23357450
have a (You) (((unicore dev)))... see you in a week after the exsanguination of your shitty coin like all clones/inspired by CORE shitcoins before.

>> No.23357692

>>23357631
cope

>> No.23357741
File: 67 KB, 643x425, LGE#2.jpg [View same] [iqdb] [saucenao] [google]
23357741

>>23357692
will see you coping in a week after the second LGE is over and shitcore no. 8 is death in the water

>> No.23357800

>>23357741
it's just another encore style shitfork by retards. there is only one core and one team that eveolves the code. the rest are done by forkers that are too incompetent to deploy the code correctly or manage it going forward. Basically any fork of it is gonna lose you all your money. fucking poorfags and their shitcoins

>> No.23357837

>>23357741
man I literally dont have more than 1 eth to invest after fcking ENCORE, but youre just salty holding CORE and seeing a demonstrably better project.

Like really, how fcking long does it take to code some governance?

>> No.23357851
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23357851

>>23357800
checked
>>23357837
salty? already 3X my dude

>> No.23357861

>>23357800
yeah right. That's why this CORE whale just went big in it...

https://etherscan.io/address/0xf1e8a3999e6c3bb9a518c3ef7f9bf621586a76ff

-working governance
-wrapped liquidity tokens for 100% TRUE locked liquidity, and trading on uniswap

how will CORE ever recover

>> No.23357915

>>23357837
Poor cunt who fell for encore shitting on core... LMAO

>> No.23357953

>>23357861
last day of the LGE is when the big money gets thrown in, you don't know what you're talking about frend

>> No.23358128

>>23357953
last day? this has been up 3 hours and is almost 200/500eth lol

>> No.23358185

how may UNICORE per locked ETH?

about to ape in, but not sure how big i want to go.

>> No.23358310

>Luigi
>Lazarus
>Puff
Man you never stop

>> No.23358318

>>23358185
oh, i guess how many REACTOR per locked ETH? my bad, didnt look around before posting

>> No.23358319

>>23358185
2 per ETH

>> No.23358352

I never fucking understood why you would invest in core FORKS... Like every fucking day a new fork which starts, pumps and then dumps into oblivion... Why not just invest in something innovative like ECOFi - bringing together NFT Games and Stakefarming... Or Loyal.finance... Combining the features of CORE, NYAN and LUA together for the first LONGTERM staking token without inflationary issues... No pump n dump, but passive income for at least 4 month (after last airdrop) if you get into their reward system.

>> No.23358358

>>23358128
Ok frend, gotta go but I hope you and others don't get rugged because that cap looks pretty much to me to limit the amount of money and hence the amount of scrutiny their scam attracts... just saying

>> No.23358361

>>23358352
because this one is literally better than CORE

>> No.23358380

>>23358358
>to limit the amount of money and hence the amount of scrutiny their scam attracts

Anon, you don't actually think scammers would 'cap' their potential theft because of 'scrutiny', do you?

>> No.23358407
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23358407

>>23358319
just threw the 3 ETH i made from dracula.sucks before they cut their rewards per block. hopefully this shit hits and i dont feel like pulling out my hair because i lost all my gains i made in the past week kek.

>> No.23358436

so locking eth gives you REACTOR tokens, which reward UNICORE tokens... why would anyone buy the UNICORE tokens though?

>> No.23358501

>>23358436
listing price is ~180$ with only 1000 tokens for one...

+ you will need to buy UNICORE if you want to add liquidity post-LGE

>> No.23358516

>>23358501
>you will need to buy UNICORE if you want to add liquidity post-LGE
ok, this is the part I was missing. thanks anon

>> No.23358764 [DELETED] 
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23358764

>>23358358
>>23355911
>>23358361
>>23358380
>>23358407
>>23358436

>> No.23358767

people here are fudding but the code is actually way cleaner, simplified and the wrapped tokens are a really interesting idea. Went in with 3 eth

>> No.23358897

Just look at how many Green ID's there are, were all gonna make it aren't we?

>> No.23359058

>>23358897
were gonna make it or get rugged trying

>> No.23359091

How do I go about making a short term profit with this? I wait for it to reach 500 eth liquidity? I'm thinking the pooling/staking rewards will be slow as fuck.

>> No.23359258

>>23358380
Scammers try to seem so legit these days that they actually fuck themselves over. XStatera wanted to attract everyone through the fucking Xdai network.

>> No.23359544

>>23359258
fair enough

>> No.23359928

>>23358897
>yellow id

>> No.23359947

>>23358352
1) Since they only offer 12,000 LYL Tokens in their initial presale and set up an anti-whale-cap of 500 LYL per person, there will be an absolute maximum of 120 investors who could qualify for the reward program.

2) Early investors will qualify for an airdrop of the reward-token $rLYL which will offer its holders exclusively high yield farming without the risk of sharing them with much more people over time. As a consequence, there will be 2 staking pools sharing the total monthly staking reward 50/50, while the early investor pool will offer a much higher APY in absolute numbers (same token amount as reward but way less competing investors).

3) By obtaining the rLYL token, early investors will moreover have a higher weighting in their voting-rights with the rLYL governance token on the upcoming DAO platform

this is just their staking mechanics.
...need...
...more reasons?

>> No.23359994

>>23359947
Yes.. sounds nice but..
What’s the difference to other staking platforms

>> No.23360114
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23360114

>> No.23360146

>>23360114
this is the first difference.. solid team, no rugpull. it's like USP in degen defi world.. but apart from it..:
1) The rLYL Reward-Token will only be distributed through the airdrops every 2 weeks.

=> The underlying formula for airdrop distribution is here:
b * (d /100)2 | b = avg. timespan of $LYL in wallet within timespan d | d = days/timespan of holding $LYL in your wallet
Through this cumulative reward system, long term holders will profit the most.

2) The biggest differentiator between other staking platforms is our approach to tackle price-dumps from two sides:

a) only 10k LYL will be sold in presale and around 80k will be only received through staking. This gives security for the investors and shows how our team focuses on enabling long term value, especially for early investors. Additionally we decided to set a max contribution cap of 5 ETH per person, to ensure a fair distribution of our tokens rather than a sell-out.

b) providing half of the staking-rewards (4050 LYL per Month) only for a small group of persons (so-called “Loyal holders”) while setting up mechanisms (see next bulletpoint) to prevent dumps while providing a high APY for few.

c) through an overall scarce supply of circulating tokens through (sooner than later: DAO driven) Burn-Events, Lock-Up Periods and hardcaps for the withdrawal of Staking-Rewards per User and day (whale dump prevention)

>> No.23360235

>>23360146
Too much techy Math for me. But sounds nice overall. Bought some

>> No.23361597

This shit is mooning!!

>> No.23361613

Go to the /shitcore channel and see how SALTY the CORE team and the Cortards are about this one.

They KNOW it's better... they won't just accept it.

>> No.23362043

>>23355911
>new
>fork

oh, anon i'm so sorry.

Just use Kleros.

>> No.23362066

>>23359928
kek

>>23358358
>>23358352
>>23357915
>>23357953
>>23357800
HAHAHAHHAAH i told you so retards
Currently trading for ~1500, listing price at 187

And even that is only 1.5 million mcap
ahahahahaa so fcking easy