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22924130 No.22924130 [Reply] [Original]

I’ve nearly made it gents. First, Chainlink has been my workhorse. But meme & sushi put me much closer to the finish line. It’s my turn to give back, and boys, this is the project that’s most excited me. We all know DeFi has tons of potential that’s just being wasted by copy-paste scam projects. Yearn almost perfected the whole farming phenomenon, but then their token YFI didn’t entitle holders to any economic incentives - if it had, we’d be seeing $500k YFI tokens by now.

Let me introduce you the next huge thing in DeFi: CoreVault “the first high yield farmable deflationary DeFi token”

First, understand this: IT IS UNRUGGABLE. There are only 10,000 CORE and every single one of them will launch on Uniswap. Second, this liquidity can never be withdrawn (indeed the token contract specifically prohibits any tx trying to withdraw liquidity). So, it is literally impossible for there ever to be a lower price for CORE than it is launching with. The team has no tokens, there was no presale, and there will never be new tokens.

So what are you farming? Good question. By providing liquidity and staking your LP tokens, you can farm CORE. That CORE is not newly minted, it comes from traders. Transactions are charged a 1% fee that goes to the liquidity farmers.

Now here’s where it gets neat. Cvault is going to set up strategy vaults similar to Yearn’s vaults. Unlike Yearn’s, these will directly help CORE holders. 5% of all profits from these vaults (e.g. USDC vault) will go to buying CORE from the uniswap and rewarding the vault participants with CORE. Thus the price of CORE goes up and farmers get 1% of all those purchases. Beautiful.

CORE itself is not the governance token and you cannot stake it on its own. It is half the governance - the other half is eth. You see the LP tokens for the ETH-CORE pool are the governance pool.

https://app.uniswap.org/#/swap?inputCurrency=0x62359ed7505efc61ff1d56fef82158ccaffa23d7

>> No.22924336

why yes, I aggressively FUD this project while I’m still accumulating. How could you tell?

>> No.22924372

>>22924336
everyone knows it's a scam. there's literally a "rug" function built into the contract.

>> No.22924394

>>22924130
The price seems so inflated already though. What could this realistically go up to?

>> No.22924417
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22924417

>>22924372
It's called
>emergency withdrawal

>> No.22924422

>>22924372
thanks just sold at a 30% loss. dodged a bullet desu.

>> No.22924477

>>22924394
The liquidity pool will only increase allowing a price pool, think about the long term implications of that.

>> No.22924483
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22924483

>> No.22924496

>>22924477
Price floor*

>> No.22924515

>>22924130

Liquidity withdrawal already happened, though they tried to damage control it by saying it's an unlikely event that will only happen here and there.

Besides, just last night we saw with the Eminence fiasco that even the contract of a "genius" like Andre can be exploited to drain all the liquidity, which would be absolutely fatal for this shitcoin that survives on constant, if not growing, trade volume/hype. And nothing in crypto maintains hype forever. In other words, it's a ponzi, so the best you can hope for is to get in and get out before it collapses.

>> No.22924521

Ponzi
Ponzi
Ponzi

>> No.22924537

>>22924515
A fix is being implemented now, but the fact remains someone can push through a withdrawal but it has to be less than the total added, so liquidity will still increase no matter what.

>> No.22924874

>>22924521
This lol.

>Hey guys this token is going to 100k
Why?
>Because people will buy it
Why?
>Because...umm.... uhh... because it goes up

That's how you spot a ponzi boys

>> No.22924903

>>22924874
You don’t understand I guess

>> No.22924931

based ip hopper is back nice

>> No.22924949

>>22924931
also my id says to buy esfm so if that exists, buy it.

>> No.22924980

>>22924903
The network effect is the only nice thing about it because anyone bought into this project HAS to shill their ass off to make any returns.

Eventually you will run out of retards to buy this and what happens when all the stakers just dump on themselves?

>> No.22925038

>>22924949
Thanks, bought 100k esfm

>> No.22925044

>>22924130
Copy pasta. I bought 1 last night, but im starting ot not like this shilling....

>> No.22925070

>>22924372
> no proof
lel I read the entire contract line by line. It's safe

>> No.22925088

>>22924130
Too bad this code is terribly written. Next time get better fiverr pajeets.

>> No.22925090

>>22925044
I thought the shilling was pretty decent. Not too pajeety. Almost made me want to buy, but if you read between the lines it is just like this guy says >>22924874
>>22924980

>> No.22925095

>>22925070
read it again. you're in such denial that your brain skipped over that portion.

>> No.22925108

>>22925095
> r..r..read it again
faggot

>> No.22925263

>>22925108
Whore. ORN + CORE to make it

>> No.22925265

>>22924130
Imagine falling for thsi shit just because it has a neat site

>> No.22925353

this is yfv all over again

>> No.22925355

>>22925265
Low IQs will not make it

>> No.22926724

>>22924980
the vaults will increase price. no shilling needed.

>> No.22927101

why is volume dying

>> No.22927648

Lmfao look at all these suckers. Volume dropping. Apy dropping.
And the best thing about it is they cant even remove liquidity to sell. Your better off holding core then lps.

Lps will never recoup the core value that you entered with. 10k core is the hardcap. Its impossible to make more. As core price rises, the amount in core u get will drastically go down. Before u know it core 20k and ur getting .00000001 core per day per lp lmfaooo

>> No.22927695

SCAM
>SCAM
SCAM
>SCAM

You people keep falling for it over and over. It's obvious this is just the next iteration of exit-scamming food scam. The devs can't write a contract. There are more bagholders than any other two-day old project. You all will never make it.

>> No.22927773

The genius of locking liquidity is giving bag holders the impression that they can never be dumped on. In fact, they cannot be. Instead the devs can manipulate volume by front-running everyone (which they are doing) and get more people to buy in or trade to chase that volume, all the while they're collecting 7.5% of volume. Actually, at the APY we see today, the devs will farm enough to take control of governance and vote to upgrade the contract to remove liquidity lock (which they provided the most of). This is, of course, if they even bother going through governance.

>> No.22928070

Volume dying, price collapsing, nice fucking ponzi.

>> No.22928107

>>22924130
That volume lol

>> No.22928108

>>22928070
Totally bro. It's going to sub $500 within a few days
>>22924931
Nice ID. At this point the IP hopper has become a full blown fictional character in my mind. I'm even larping as him now.
>>22925090
>I thought the shilling was pretty decent. Not too pajeety. Almost made me want to buy
Thanks, I wrote it