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File: 292 KB, 512x512, WTF WAS THAT (2).png [View same] [iqdb] [saucenao] [google]

24505349

Cap Protocol General Anonymous Thu Dec 3 04:32:15 2020 No.24505349 [Reply] [Original]

previous thread >>24472968

What is CAP Protocol?
>Cap is a decentralized trading platform where you can trade synthetics of any crypto or traditional asset up to 100x leverage without needing to KYC/AML. The contracts are immutable, which means they can't be shut down (think Uniswap with degen leverage).
Every time a trader on the platform loses a trade, excess revenue from the CLP will get used to buy back and burn Cap, creating constant Cap buying pressure and making the supply of Cap more scarce.

Why I know it's undervalued and will 10x? Lets compare the evaluation to some of the competitors:
1) Cap Protocol (CAP) - $11.6M fully diluted market cap
2) Linear Protocol (LINA) - $69M fully diluted market cap
3) SynLev (SYN) - $54M fully diluted market cap
4) Synthetix (SNX) $1.1B fully diluted market cap

Cap is expected to launch mainnet in December with full functionality and its on native oracles. Beta has been tested in Ropsten for a long time now with amazing results.

Their roadmap also includes a regular decentralized exchange, lending/borrowing, staking, asset management, prediction markets, identity, insurance etc etc:
https://blog.cap.finance/2020/09/02/the-roadmap.html..

make sure to join the TG:
t.me/capfin
If you miss out on this, it's on you frens.

>>	Anonymous Thu Dec 3 04:34:22 2020 No.24505371 HOW MANY CAPS DO I NEED TO MAKE IT OUT OF THIS HELL

>>	Anonymous Thu Dec 3 04:34:52 2020 No.24505380 File: 35 KB, 1108x572, cap24h.png [View same] [iqdb] [saucenao] [google] get in before we start taking off again

>>	Anonymous Thu Dec 3 04:38:35 2020 No.24505411 File: 229 KB, 512x512, CAP $1000.png [View same] [iqdb] [saucenao] [google] >>24505371 250 Cap is financial freedom 500 Cap for intergenerational wealth 1000 Cap for a seat in the global elite

>>	Anonymous Thu Dec 3 04:47:35 2020 No.24505522 When mainnet?

>>	Anonymous Thu Dec 3 04:50:21 2020 No.24505557 >>24505522 the devs are targeting before EOY. once people have had a chance to test it out main net it wont take long until $1000. Unironically.

>>	Anonymous Thu Dec 3 04:52:48 2020 No.24505583 I swear I saw this token trading at below 30 a few weeks ago. Wtf happened with it? Why the fucking pump? It's just a mainnet launch reeeeeeeeeeee

>>

Anonymous Thu Dec 3 04:55:56 2020 No.24505629
File: 18 KB, 814x870, CAPUI.png [View same] [iqdb] [saucenao] [google]

>>24505583
pic of the UI

Cap’s values are:

simplicity
security
transparency

the UI is so simple and normie friendly there's no way an extremely high amount of poeple wont be losing their DAI there and pumping Cap as a result.

if you had been in the Telegram you would know that a few VC funds joined to keep an eye on Cap. I guess they decided to buy.

>>	Anonymous Thu Dec 3 05:01:13 2020 No.24505693 >>24505349 so this shit isn't on uniswap? wtf man?

>>	Anonymous Thu Dec 3 05:03:03 2020 No.24505724 File: 8 KB, 243x207, frog.jpg [View same] [iqdb] [saucenao] [google] >>24505693 >isn't on Uniswap https://info.uniswap.org/token/0x43044f861ec040db59a7e324c40507addb673142

>>	Anonymous Thu Dec 3 05:08:25 2020 No.24505794 >>24505724 why doesn't is show up under the actual token address 0x43044f861ec040db59a7e324c40507addb673142 ?

>>	Anonymous Thu Dec 3 05:15:42 2020 No.24505876 >>24505794 no idea, probably has something to do with Uniswap's prioritizing code if you enter 'Cap' to Uniswap search it will show you a liquidity pair though

>>	Anonymous Thu Dec 3 05:15:50 2020 No.24505879 Bullish as fuck

>>	Anonymous Thu Dec 3 05:28:20 2020 No.24506044 wasn't that shit at like 2 dollars when it begins? Shit i forgot to buy

>>	Anonymous Thu Dec 3 05:53:48 2020 No.24506368 >>24506044 it was actually listed at $0.01 KEK

>>	Anonymous Thu Dec 3 06:21:59 2020 No.24506746 >>24506368 >>24506044 I remember those days...everyone screaming rugpull so they bought at 5 and sold at 10 then watched it go to 100 :o

>>	Anonymous Thu Dec 3 06:35:25 2020 No.24506907 30-50x easily me thinks at current prices

>>	Anonymous Thu Dec 3 06:37:11 2020 No.24506949 >>24506746 to be fair there were a lot of rugpulls back then somehow we lucked out on Cap though

>>	Anonymous Thu Dec 3 06:56:59 2020 No.24507256 >>24506368 This is way more painful to remember lmao

>>	Anonymous Thu Dec 3 07:15:14 2020 No.24507535 File: 88 KB, 512x512, comfy capmas.png [View same] [iqdb] [saucenao] [google] >>24506907

>>	Anonymous Thu Dec 3 08:08:11 2020 No.24508421 Time to buy the dip faggots

>>	Anonymous Thu Dec 3 08:18:00 2020 No.24508580 Coins always dump after mainnet hype. I'll buy a bag then

>>	Anonymous Thu Dec 3 08:23:25 2020 No.24508671 >>24508580 except when main net is literally the beginning of everything in this case as soon as people start testing out the platform main net they will realize the true value of it nobody bothers to test it on Ropsten so most have no idea

>>	Anonymous Thu Dec 3 08:57:32 2020 No.24509319 >>24508671 exactly, not to mention the ridiculous buy back and burn system we'll see in action

>>	Anonymous Thu Dec 3 09:26:32 2020 No.24509952 i'm going to live off trader losses. trust me

>>	Anonymous Thu Dec 3 09:29:04 2020 No.24510019 >>24509952 this trader losses are going to drain the cap in the uniswap liquidity pool and it will become impossible to buy eventually due to the high price all you have to do is keep holding Cap

>>

Anonymous Thu Dec 3 09:41:57 2020 No.24510348

CAP is an IQ test. Imagine thinking the first decentralized derivatives margin trading platform will not reach $100 million in volume at some point.

At $100 mil daily volume, CAP is generating at least $100.000 just because of the 0.1% spread. Add in trader losses and the protocol will be raking in profits. Those profits are automatically used to buy CAP and burn it.

Yes, that's right. At a mere $100 million daily volume (BitMEX is at 2 bil+) for the first decentralized, KYC free derivatives exchange, we have at the VERY LEAST $3 million in buying pressure, burning CAP every single month. At current price, that would mean 30.000 CAP burned every month. There is only 100k supply.

Hell, even at a measly 10 million trading volume we would be burning AT LEAST 3k CAP a month just based on spread, that's not taking into account trader losses going into the protocol, which is supposed to be a much larger souce of income.

The protocol works, it will launch soon, the degenerates will flock to it and CAP is destined for a billion+ market cap.

>>	Anonymous Thu Dec 3 09:48:55 2020 No.24510545 File: 297 KB, 602x337, burry cap.png [View same] [iqdb] [saucenao] [google] >>24510348 incredibly based post

>>	Anonymous Thu Dec 3 10:05:59 2020 No.24511059 >>24510348 dangerously based

>>	Anonymous Thu Dec 3 10:32:33 2020 No.24511851 >>24510545 bumpsies

>>	Anonymous Thu Dec 3 10:39:13 2020 No.24512071 File: 14 KB, 450x450, 1bdea906-6818-446b-afb3-8fac81abfd12_1.7a4983bdef8f661b72b805dadc383940.jpg [View same] [iqdb] [saucenao] [google] Sup chads I want more cappies brehs

>>	Anonymous Thu Dec 3 10:45:14 2020 No.24512223 >>24512071 Still time before mainnet brother cappa

>>	Anonymous Thu Dec 3 10:46:55 2020 No.24512276 I'd consider a buy if I could get the testnet to work. I can't be the only one with an issue. That plus anon devs and flippy floppy tokenomics make it hard to fomo.

>>	Anonymous Thu Dec 3 10:48:44 2020 No.24512327 >>24512276 Testnet works fine here. Did you switch to Ropsten in Metamask?

>>	Anonymous Thu Dec 3 10:50:11 2020 No.24512364 >>24512276 every version of the testnet has worked for me so what did you connect to Ropsten testnet on metamask? did you get testnet eth from the faucet? what are you having issues with?

>>	Anonymous Thu Dec 3 10:51:15 2020 No.24512396 >>24512276 you need testnet eth before being able to request testnet DAI form the faucet

>>	Anonymous Thu Dec 3 10:58:27 2020 No.24512637 >>24512396 https://faucet.dimensions.network/

>>	Anonymous Thu Dec 3 11:28:16 2020 No.24513634 >>24512637 based helper

>>	Anonymous Thu Dec 3 11:30:43 2020 No.24513705 >>24512364 connected to ropsten and got test eth. Couldn't connect to the site. It was just a blank page. I'll try again when I get off work

>>	Anonymous Thu Dec 3 11:39:34 2020 No.24513995 >>24513705 maybe you an old link? the way to connect to the most current site is https://cap.eth as a back-up you can try https://bafybeia32lofa4vemdr7cvhvuoamq3x4k3ypicu2rtsoatpl5rvtyk76qu.ipfs.dweb.link/

>>	Anonymous Thu Dec 3 12:01:13 2020 No.24514640 Ok, Already CapPilled.

>>	Anonymous Thu Dec 3 12:05:13 2020 No.24514752 Any guesses which protocol could be? Just. Get in before everyone knows https://www.youtube.com/watch?v=wvsXhk8UJWs

>>	Anonymous Thu Dec 3 12:13:22 2020 No.24514954 Yo who tf bought a shitload of caps, I wanted to buy more when I get back home from work

>>	Anonymous Thu Dec 3 12:19:29 2020 No.24515100 >>24514954 I am pretty sure getting Cap will become pretty difficult very soon. As soon as people find out how to test out the Cap platform they will fomo. Very few people have tried it out so far so they have no idea.

>>	Anonymous Thu Dec 3 12:48:16 2020 No.24515971 File: 31 KB, 1109x562, cap1d.png [View same] [iqdb] [saucenao] [google] what's this pattern called?