[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 119 KB, 512x512, cap comfy 2.png [View same] [iqdb] [saucenao] [google]
24541909 No.24541909 [Reply] [Original]

What is CAP Protocol?
>Cap is a decentralized trading platform where you can trade synthetics of any crypto (BTC, ETH, LINK, RSR, XRP etc) or traditional asset (TSLA, KO, AAPL, PLTR, AMZN etc) 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 (Cap Liquidity Pool containing DAI) 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

If you miss out on this, it's on you frens.

>> No.24541998

This is certainly a project to keep an eye on, same feelings as when I first invested on Link

>> No.24542012

>>24541909
500 addresses to 538 in the last week or so and the price went from 80 to 172 :o

>> No.24542215

>>24542012
literally nobody knows about this yet
and also literally nobody understands the potential of this to unironically replace Bitmex

>> No.24542524

This looks like a gem, the chart looks pretty good, some volatility, but looks like a nice solid uptrend, higher highs, and higher lows. I think I would like to own 1% of the total supply. Can someone sell a bit so I can get in for bulk pricing please? - the fucking Captcha's are getting ridiculous on here just to post

>> No.24542557 [DELETED] 
File: 295 KB, 1080x2400, Screenshot_20201204-102458_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
24542557

http://clfto50.gamekongs.com

lol

>> No.24542654
File: 224 KB, 512x512, disgusted frog.png [View same] [iqdb] [saucenao] [google]
24542654

>>24542557
get that trash out of the thread

>> No.24542669

>>24541909
Obvious rug pull

>> No.24542704

I suspect the earnings from leveraged trading could end up being pretty high, are there any estimates on what the platform could take in for revenue?

>> No.24542838

>>24542704
there's a high probability that the losses will surpass earnings the longer the platform is live, making Cap pump. It will get seedfunded with 10k at first.

>> No.24542938
File: 178 KB, 798x770, topkek3.jpg [View same] [iqdb] [saucenao] [google]
24542938

>>24542669
>liquidity added in july
>pool tokens haven't been touched in 6 months
>obvious rug pull

ISHYNS

>> No.24543112

>>24542669
Yeah that's what people like Trevon James said back in July lol and guess what? Cap's still here

>> No.24543201

>>24542704
It all depends on how much volume they'll pull in. If they do 10 mil daily volume (which is very low considering the available leverage) that's at least $10K revenue a day due to spread (0.1%) and on top of that whatever the traders lose (which is expected to be an even larger source of income). That's a few hundred k a month in buying/burning pressure for CAP.

100 mil trading volume and CAP is going to 1 bil+ for sure.

>> No.24543289

OK, I'm in.

>> No.24543313
File: 297 KB, 602x337, burry cap.png [View same] [iqdb] [saucenao] [google]
24543313

>>24543201
$1B market cap is just 62.5X from here. EASY.

kek

>> No.24543647

CAP will essentially become a yeild earning token, so it's like buying a fraction of a rental property, or a fraction of a bank. Here you can own a fraction of the revenue yielded from the statistical underperformance of traders as a whole over time. (Like owning a part of a trading brokerage), so whatever amount you can afford to own, your earned share will still be the same proportianally to someone who owns more.

>> No.24543847

>>24542669
They would have already rugged if it was

The besr market has separated the wheat from the chaff

>> No.24543964

>>24543647
Citadel CAPital

>> No.24544004

So, when someone gets liquidated, in stead of Binance or someone getting the benefits, the pool will get the whole amount? Then it gets used to buy back and burn tokens? This could be quite a bit based on what the exchanges are making, and with derivatives, the whole amount that is liquidated would be brought into the pool, wow.

>> No.24544115

>>24544004
the liquidator (person who calls the function) gets a 10% reward so there's financial incentive to get every dumbass liquidated and the DAI (-liquidation reward) flows into the CLP. Excess CLP revenue goes into buyback + burn.

>> No.24544455
File: 535 KB, 683x1024, 1607024705255.jpg [View same] [iqdb] [saucenao] [google]
24544455

All CAP chads will make it

We will be 2021's 2020 Ocean Protocal

>> No.24544522
File: 88 KB, 512x512, comfy capmas.png [View same] [iqdb] [saucenao] [google]
24544522

>>24544455

>> No.24544722

>>24544522
>>24544455
Checked

>> No.24544785
File: 14 KB, 450x450, 1bdea906-6818-446b-afb3-8fac81abfd12_1.7a4983bdef8f661b72b805dadc383940.jpg [View same] [iqdb] [saucenao] [google]
24544785

>>24544455
>>24544522
>>24544722

Damn bros... (ps: I won't get digits on this post and that's fine. CAP $1000-$2500 in 2021)

>> No.24544842
File: 333 KB, 2584x1454, b4.jpg [View same] [iqdb] [saucenao] [google]
24544842

Found baseprotocol.org, wanna know What do you think.
Is it real that this is new solutions for Cascade yield platform? They cooperate with Uniswap and provided liquidity pools. Sound great

>> No.24544897
File: 217 KB, 1180x1280, gottacatchcap.jpg [View same] [iqdb] [saucenao] [google]
24544897

millions and millions $ worth ofof crypto and traditional assets are about to be traded on Cap bros

millions and millions of $ worth of trades will be lost due to bad trading and making our Cap bags grow

it's a modern day ponzi and you can't lose