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28220248 No.28220248 [Reply] [Original]

those who know, knows.

>> No.28220326

Been hodling since launch. COREdex incoming?

>> No.28220357

>>28220248
imagine not being absolutely loaded up on LPs

>> No.28220393

>>28220326
word on the street is that tomorrow alpha goes live

>> No.28220447

Big announcement today. For sure will moon. So undervalued.

>> No.28220487
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28220487

imagine not buying this chart

>> No.28220520

few

>> No.28220529

when u kno u kno

>> No.28220581
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28220581

>>28220487
dollar equivalent

>> No.28220590

Most based devs in the game. Invented deflationary farming. Understand the appeal of scarcity. When people see 10k supply they're going to jump.

>> No.28220892

The best defi play

>> No.28221465

ATH in ETH is nearly 28, its at 3.4 now......FACE MELTING IMMINENT

>> No.28221786
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28221786

Black Paper simplification/analysis... feel free to correct

Intro
Derivatives make up a large part of financial services, and are the future. Growing from $0 in the late 70s to trillions of dollars today. Derivatives have a lot of useful functions that benefit financial systems. Tokenizations are a type of derivative.

Tokenization has standardized on Ethereum, but there is no framework for "guaranteed liquidity markets" (ie. Core's TVPL). Without this guaranteed liquidity, there is a lot of risk the markets face, hence the value of Core's TVPL in reducing risk for the market.

>> No.28222107
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28222107

LPs will become UNOBTAINABLE

>> No.28222226
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28222226

they are fucking sending it

>> No.28222287
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28222287

Spectrum of Liquidity
Most markets in crypto have unlocked liquidity. This attracts a lot of capital, but lacks the ideal of "market certainty" (since anybody can remove liquidity at any time). Core's "locked liquidity" creates a lot of market certainty, but is not so great at attracting new capital. This is where the idea of "Open Vested Liquidity" comes from, creating a middle ground between attracting new capital while still ensuring some certainty.

OVL will have a block time vesting schedule, where liquidity will be locked for preset amounts of time. So people will have the ability to remove their locked liquidity over time, but there will also be some amount of market certainty. This will attract more "movable" liquidity, without disturbing the anchor of Core's TVPL. OVL will be like the cream on top of the cake of Core's locked liquidity.

>> No.28222431

>>28220248
>tfw poorfag
Even at these "low" prices I'm still priced out, fuck

>> No.28222574
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28222574

>>28222431
jesus man, even at "low" prices you can get some fraction that can ez take trip to andromeda and beyond.

>> No.28222584
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28222584

CoreDEX Launch Migration
CoreDEX will offer a lot of financial services (derivatives, futures, loans, leverage, etc) with the benefit of resting on top of a highly liquid, yet at the same time secure, market (thanks to TVPL and OVL)

Core will introduce a new CoreLP token (note: seems to be standardized across all liquidity pools?) which will allow Core to "rebase" its liquidity (note: I believe this means adjust the distribution of how much liquidity is in which tokens, across LP1, LP2, LP3, etc). (note: it also appears to standardize earning of rewards across all the liquidity pools). 70% of LP holders will need to be in agreement to migrate liquidity from CoreVault to CoreDEX.

(note: Core token can also apparently be locked in the migration to earn fees for a certain period of time (the testing phase)). After testing phase Core token returns to its intended use, which is a revenue split token for coreLP holders.

>> No.28222702
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28222702

CoreDEX will have two main areas:
CoreDEX CORE is for trading and lending
CoreDEX DELTA is for more complex services including options and futures

Limited Staking Window
A new mechanism is being developed: Limited Staking Window (LSW). It allows users to stake capital towards a type of tradable derivative. (note: sounds a bit like like being a liquidity provider to a derivatives pool, along with OVL dynamics, where liquidity is locked for a certain period). To incentivize contribution of capital for derivative pools, there could be up to 30% incentives, and a referral system of 10% for bringing people in.

Liquidity Rebasing Token (LRT)
Core changes the way liquidity works in DeFi. Rather than just keeping track of how much liquidity you have given, like it does in other networks, LP in Core is more of a permanent brick in the wall. So even the idea of LP tokens are being reimagined. It has the goal of limiting how many additional LP tokens can be created, without directly affecting the liquidity pool (as it would in other networks, like Uniswap). So LP tokens can become extremely expensive, limiting the opportunity for new people to buy into the fees generated by the network.

Over time, the creation of new LP tokens will slow down dramatically)

>> No.28222776

how are those serbian grannies doing now?

>> No.28222829

The news today of this new thing will melt some faces...

>> No.28222925

>>28220248
>>28221786
basic transactions cost 130k gas, why should I use this instead of another platform like SNX?

>> No.28223245
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28223245

Now listen here "biz", this is the most based and redpilled project in crypto and if you can't see that you hate money. 300K is FUD

>> No.28223393

Core iz offering derivatives never before seen in defi.

Its gunna be the safest place for whales to park liquidity and earn fees. Solves inpermanent loss.
Will have the fairest priced options in all of defi (rip hegic)
Brand new rebasing LP token making them unobtainable in the future, true scarcity.
This shit is gunna take over

>> No.28223527

i only have 3 LPs :(

>> No.28223593

>>28223393
Absolutely there’s a reason why core spawned 400+ clones

>> No.28223645

>>28223393

How many LPs to make it?

>> No.28223782

>>28223527
You’re early you will still make it fren

>> No.28224051

$6308.43 pump incoming!

>> No.28224239

>>28223527
LP1, 2, or 3?

>> No.28224535

>>28224239
2.5 LP1 and .5 LP2

>> No.28224618

>>28224535
Bro you're in better shape than so many shitters that sold their LP during the last few months.

>> No.28224901

Is it better to buy CORE or the LPs?

>> No.28225219

>>28224901
I’d say diversify out, LPs will soon be unobtainable

>> No.28225265

>>28224535
in a month 1 LP will be unattainable for most

>> No.28225749
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28225749

Ladies and Gentlemen , welcome aboard flight CoreDEX. We are currently third in line for take off and are expected to be in the air approximately 15 minutes after @xRevert’s announcement. We ask that you please fasten your seatbelts and hamsters/fannys are safely secured in the overhead compartments. We also ask that your seats and table trays are in the upright positions for take off. Smoking is prohibited for the duration of the flight but silica gel packets ARE allowed. Thank you for choosing $CORE airlines. Hold onto your britches

>> No.28225971

The pump is strong in this one. Seats on the plane are starting to run out.

>> No.28226943

>>28225971
Only 2613 circulating $CORE
98 of the are burned forever inside an NFT

>> No.28227442

Up 22.8% in the last 24 hours. Trending now on DEXtools.

>> No.28227584

can you please stop acting like shitskins? I still got my LP and am happy that it wasn't totally worthless holding but you don't have to shill like you just got high off sniffing a line of Garam Massala

>> No.28227761

>>28227584
cuz we were right? and we want to rub in onto fomoing bizlets?

>> No.28227821

>>28220248
wasn't this piece of shit p&d last summer?

>> No.28227946

>>28227821
You mean price discovery pumped?

>> No.28228055

>>28227761
shutup core dev faggots. we know you make these threads. your project isn’t going anywhere

go fk hitler since you’re so in love with him

>> No.28228066

Can anyone tell me why this is waking up from the dead? I made a lot on this in october or so. Why should i get back in?

>> No.28228142
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28228142

>>28227584

>> No.28228229

>>28228066
all this time there was no product. now they are launching first product.

>> No.28228640

>>28228066

https://medium.com/core-vault/coredex-black-paper-ff51542fb8ac

There will also be more details on the Dex this evening. We won’t need to shill at that point, it’s going to unironically shake DeFi

>> No.28228915

>kept LP for half a year
>sold Feb 6
>The dead shitcoin immediately pumps

>> No.28228986

>>28228915
RIP sorry bro

>> No.28228987

>>28228915
bogged

>> No.28229197
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28229197

>>28228915
>he sold?

>> No.28230028
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28230028

Some big buys coming in

>> No.28230540

>>28225219
why will it be unobtainable? Also, which LP is it profitable to buy?

>> No.28230614

.1 CORE, .5 LP reporting

>> No.28230911

>>28230540
Check out the core LP trading group on telegram, there’s a few left on balancer at 50% discount but they are being bought up quick

>> No.28231263
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>> No.28232196

The Biz Way