/biz/ - Business & Finance

SXP Chads are comfy staking venus tokens

got my 7500 swipies in binance launchpad xvs.
on chain staking at 82% apy right now. hope xvs isnt dead on arrival after official binance listing

honestly got a bad feeling for sxp in the future. bnb always gets the better benefits (card usage, staking, xvs farming) and sxp is not used in xvs' future.

here.

card working like a charm, i withdrawed 200 SXP to buy hooker for 30mins, it was brazilian, i was disappointed at her pussy because it was quite loose.

>>22909664
im always here comfy farmin XVS with my Swipies bruh

i am here but busy farming my venus.

t. 10k swipie

can someone explain why sxp would ever go past $5? wouldn't they just supress the price so the cards are affordable?

Nonexistant

>>22911187
if more people buy SXP then price goes up dummy.

Also, people can vote about price / tokens needed for cards if the price is too high

I hold a huge stack of SXP but I can't help but feeling that CZ does his usual hustle with it. Hope that once these airdrops stop the price will recover. Also.. US/Canada cards soon! Anyone getting one?

>>22909664
Banned from the reddit and telegram for calling out this scam

>>22909664
About to rope I'd imagine

>>22911940
....or for just being a fucking sperg retard kek
it's going to blow up like a bomb
so give up the baton
I'll slap you after busting a nut in my palm

>>22909743
Where do u even see apy?

Right here holding strong

>>22911940
yes very scam i use the card daily to purchase stuff from the stores.

>>22911997
entire market is shitting itself and support @ $1.60 is holding strong.... I'm comfy af idk what you're talking about anon, will definitely pump again soon

>>22911297
i vote that the price be $1000000000

Bought $1.09, sold $1.68

Goes back under $1.20 I'll buy back in :)

>>22909664
im all in at $0.80, i will ride this coin to the moon or the hel.l At this point i dont care.

>>22909664
>tfw still 25% down

I'm a retard.
What do I get for "farming" my 941 Swipies on the SXP2Venus thing?

>>22912184
Venus Tokens

>>22912182
>tfw still 80% down

>>22912152
I bought mine close to the ATI. Used my Link profits. I'm a bit pissed.

>>22912195
Has it actually started yet? It says listing is in 6 hours.

>>22912202
"link profits" as in you sold some link because it went up in price?
ngmi retard

>>22912222
holy fuck man...it's 6 days

>>22912222
Yeah I started staking 14 hours ago

>>22912240
I sold my tiny stack at the height of the run.

So if i transfer my SXP to the Pool account they get staked already or what?

>>22912250
Shit. I can't read.
>>22912269
Do you get anything for staking early?

>>22912316
Yes

I staked my 304 SXP last night and have currently made 0.6 XVS.

no idea what that will be worth

Decided to go on vacation as soon as the staking started. Can't transfer my funds withouth my ledger that is at home. GG.

Also, guys, have you seen the current Annual Percentage Rate for staking SXP???? It's above 80%

>>22912341
Enjoy the 80% onchain

Can you just leave your stack in the pool and collect everything at the end? No extra bullshit required?

>>22912324
>>>22912269 (You)
>Do you get anything for staking early?
You get venus tokens, that's how they're doing the venus token distribution.
https://www.binance.com/en/support/announcement/6d7ec713ae0c40c08cc3cfd9a8fd907a

Can someone explain to me how to interact with BEP-20 asset? Is there a metamask equivalent? I know only trust wallet for android

>>22912327
so this is the pool but where the fuck is the launchpool on binance

>>22912472
https://launchpad.binance.com/en/launchpool/Venus_SXP

>>22912541
aaah thanks mate

Love my Swipe

>>22912617
cringe

>>22912617
i hold over 10k swipe but this is seriously crigne af

>>22909664
not here they over there. here be the bella chads

>>22909664
Over 80% APY onchain... this is completely, utterly insane.. SO much money here..

>50 million SXP staked
>Launchpool APY is 80% higher than the BNB pool APY
>sits still at $1.6
WTF is going on

>>22912963
Yeah everyone moved to Venus staking. In 3 weeks it will be back to 24% when the Venus 3x benefit is over

>>22913084
i am only scared about how much SXP will be sold because the 3x venus farming will be over

>>22913114
Might dip to 1.10 again but I doubt it will go lower

>>22913158
if it hits $1.10 again I am loading the fuck up
support seems really strong @ $1.60 though

>>22912000
>....or for just being a fucking sperg retard
this.

>>22912022
>>22912184
handy link men, autist who made the sxp one has added xvs
https://sxp-calculator.com/xvs-calculator/

>>22912341
you unironically may be better off..

>>22913203
Yeah but many people probably bought so they can stake Venus and will sell SXP again afterwards

>>22913279
Good link.

I might earn 90xvs over thirty days.

Seems trivial.

>>22909664
farmed 167 XVS with 73,000 SXP. feels comfy.

sooo xvs will dump hard or what?

>>22911940
Me too

Bump

Am I a brainlet for leaving my SXP onchain for the 80% or should I pull it into Binance for the Venus Farm? 7000 SXP stack for reference.

>>22915263
what 80%?

N

>>22915336
Breh the Staking Rewards for onchain staking went up to 80% because there is like 8mil staked on chain instead of 32mil, everyone pulled to farm Venus. I wanna know if I'm retarded for just getting my stake rewards or if I should be farming Venus.

>>22915263
The 80% is better. Based on the past few launchpools the apy is only about 50%.

>>22915505
>>22915545
can't do basic math?

Any guesses on what 1 XVS will be worth?

>>22915624
About three fiddy

>>22915545
no it isn't lol. You make more XVS farming than SXP staking in the first week, and 1 XVS should be worth a lot more than 1 SXP on launch given the 3 million supply

XVS is a no brainer

Cab someone explain to me where does XVS value come from?

>>22915791
Screencapped. I'll see you in a week.

>>22915545
>>22915263
There are 30mio Venus coins. Based on the current APY, if the Venus coin will list for 1$ then the return is equal between Venus and SXP (on chain) staking. If the price for Venus is higher then you're better off staking Venus.

>>22916080
30 mil is max supply. I think circulating in the first year is 6 mil

>>22916419
6mil is allocated for the Launchpool project. The rest will be mined over 4 years.

>>22915791
>3 million supply
Isn't it 30 million all up?

>>22915795
I too would like to know.

My metamask wont fucking connect to send to binance, it just loads the network fee endlessly then the page freezes.... someone help

I have my SXP in binance if i move it to the venus reward pool, my SXP will move out of my spot wallet, will those SXP still count to my SXP staking?

>>22917031
No little boy

>>22917206
thanks big boy, how long will this venus farming last?

>>22917206
Please desu

*ahem*
I am comfy af holding SXP
and niggers tongue my anus

>>22916696
its 3.6 million when trading starts next tuesday. obviously its a farmed token meaning you want to dump straight away. $10 is only $36m cap

Looks like a chinese copy of makerdao, those chinks be crazy yo, BNB = shittier chink ethereum, SXP = shittier crypto.com, now VXN & VAI = shittier makerdao. What's next chinkswap = shittier uniswap? This whole chink ecosystem looks a lot more unsustainable than ether desu

>>22917353
30 days and first 7 days SXP holders will have 3x. So yeah expect SXP APY to drop again after these 7 days when many SXP holders move back to SXP staking.

Can anyone tell me why MetaMask says Balance: undefined when I try to send Swipe? I can send ETH no problem.

>>22918074
Thanks again my nigger, just put my measly 1.2K swipies into the venus pool.
Already more than 40M in the pool, holy shit, i hope i get at least 4 venus per day

>>22918999
>measly

I am a poorfag so only 500 swipies for me.
Yeah you will probably get around 4 venus per day

>>22918999
Still staking SXP is the best way of getting XVS. Look at BNB. More than 200 mil USD is stalked

Okay I'm a brainlet and a newfag and I don't get any of this stuff about staking and farming. I have 1000 SXP currently just sitting in my Binance spot wallet - what's the best thing to do with this? Stake it on the Binance Launchpad for Venus? Or stake it on chain for 80%? I've read the Binance announcement and even the Venus whitepaper and I still don't really understand what this and how it can make me money. I just bought to hodl.

>>22918841
Did you try with the Firefox add on instead of the app?

>>22919181
Transfer the tokens to me and I will invest them for you

>>22917031
Wondering if I just should keep my SXP staking or put it to the venus pool.
I do believe venus will pump quickly to dump shortly after. There may be an opportunity for a x2 x3

>>22919181

Also have 1k SXP

~3 XVS after day 1

>are ya winning son?
>not yet

Hodling

>>22919181
I unstaked my SXP from on chain and moved it to binance for Venus staking.

With 80% on chain staking returns though I'm heavily tempted to take out a 40k loan and get 0.002% returns a day, or about $87/day. Biggest risk is SXP falling more than the amount earned while staked, which would really suck...