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File: 231 KB, 1042x480, EARLY BUT NOT WRONG CAP.png [View same] [iqdb] [saucenao] [google]
24920330 No.24920330 [Reply] [Original]

What is CAP Protocol?
>Cap is a decentralized KYC-less trading platform where you can trade synthetics of any crypto (BTC, LINK, RSR) or traditional asset (TSLA, AAPL, AMZN) up to 100x leverage. The contracts can only be changed via governance, which means they can't be shut down by a regulator (think Uniswap-like Bitmex). The client is hosted on IPFS and linked to an ENS domain.
>Every time a trader on the platform closes a loss, excess revenue from the CLP (Cap Liquidity Pool containing DAI) will get used for buyback, creating constant Cap buying pressure.

There's a relatively high probability that Cap will replace Bitmex as the default margin trading platform in the near future, largely because no KYC means access to everyone who didn't have it before + less friction in starting and operating an account. You just need DAI in your metamask wallet and that's it.

There are ~20 known VCs in the TG/twitter keeping a close eye on it: Remi Tetot @ Real Vision, Arjun Balaji @ Paradigm, Tarun Chitra @ Gauntlet Network, Brian Lee @ FTX and @ Alameda Research, Galen Law-Kun @ PwC Crypto Team, Austin Barack @ CoinFund, Eric Arsenault @ Metacartel, Igor Doganov @ Blockrock VC, Marco Wutzer @ Second Renaissance Investments, Mike | @ Block42 VC, Andrew K @ Mechanism Capital, Darren Lau @ SpartanGroup etc.

The founders have 15 years of big tech SW engineering + 8 years of market making experience in tradfinance + crypto.

Why I know it's undervalued and will 10x? Lets compare the evaluation to some of the competitors:
>1) Cap Protocol (CAP) - $14M full mcap
2) SynLev (SYN) - $61M full mcap
3) Linear Protocol (LINA) - $98M full mcap
4) Perpetual Protocol (PERP) - $183M full mcap
5) Injective Protocol (INJ) - $330M full mcap
6) Synthetix (SNX) - $1.2B full mcap

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

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

>> No.24920739
File: 88 KB, 1280x1106, captrain.jpg [View same] [iqdb] [saucenao] [google]
24920739

All aboard the CAP train

>> No.24920813
File: 157 KB, 512x512, getinloser.png [View same] [iqdb] [saucenao] [google]
24920813

>>24920739
this

>> No.24921210

>>24920330
Documentation/new code should be released in the next few days :)

>> No.24921228
File: 77 KB, 750x321, 0721B9A5-DCC5-4DCC-B79C-0E55D0FD90F2.jpg [View same] [iqdb] [saucenao] [google]
24921228

Gay. FARM is better

>> No.24921304
File: 34 KB, 645x489, IMG_20201129_120747_946.jpg [View same] [iqdb] [saucenao] [google]
24921304

>>24921228
nope

>> No.24921342
File: 140 KB, 512x512, catsticker2.png [View same] [iqdb] [saucenao] [google]
24921342

>>24921228
why are you even comparing that scam with Cap?
they're completely different projects

>> No.24921352

>>24920330
Only thing I don't like is the suuuuper low liquidity

>> No.24921353
File: 46 KB, 490x373, gmgzt.jpg [View same] [iqdb] [saucenao] [google]
24921353

>>24920330

4750% returns from lows, no thanks retard

>> No.24921480

>>24921353
liquidity was added at $0.01 so it's actually up 14000x (1400000%)

taking this into account is the wrong approach though since you should instead compare the valuation to other similar projects. Lows don't matter.

>> No.24921515

>>24921352
you can accumulate every dip and end up with like 1% of the supply in just a few weeks. Nobody with a brain ust market buys their whole stack in one transaction.

>> No.24921646

>>24921353
See u
Don’t be dumb enough and miss this train

>> No.24922002

Sup CAP soldiers get the fuck in. MERRY CAPMAS

>> No.24922236

massive potential

>> No.24922256

snx main competitor = 829M usd MCAP.

second competitor=synlev diluted market cap 85m USD mc

cap just 12-13 m usd mc

do the maths

>> No.24922324
File: 191 KB, 512x512, chap2.png [View same] [iqdb] [saucenao] [google]
24922324

>>24922236
yes

>> No.24922558

>>24920330
also if anyone fails to see the value in something like that, here's what VCs think:

https://multicoin.capital/2020/09/08/trade-offs-in-the-decentralized-bitmex-space/

>> No.24922580

>>24922558
>We believe that the largest and most lucrative opportunity in DeFi is to create a protocol that allows anyone in the world to trade any asset. We have been referring to this idea as “Decentralized BitMEX” internally for over a year.

>> No.24923288

You have to try it to fully understand what this protocol is about to achieve

>> No.24923593

>>24922558
Does that mean we're all going to make it?

>> No.24923762
File: 88 KB, 512x512, comfy capmas.png [View same] [iqdb] [saucenao] [google]
24923762

>>24923593
y-yes

>> No.24924862

>>24923593
Yep

>> No.24924880
File: 448 KB, 557x555, kidneyforcap.png [View same] [iqdb] [saucenao] [google]
24924880

>>24923288
>people who already understand it

>> No.24924903

>>24924880
lol

>> No.24924995
File: 85 KB, 624x588, IMG_20201217_194843_438.jpg [View same] [iqdb] [saucenao] [google]
24924995

When will the institutions buy my Cap? Should be soon r-r-r-r-right bro's?

>> No.24925042

>>24924995
Our time will come capbro

>> No.24925203

I'm feature complete brahs just saying,like Cappamas. The launch will be so huge plebs can't do anything about it

>> No.24925556
File: 119 KB, 512x512, cap comfy 2.png [View same] [iqdb] [saucenao] [google]
24925556

>>24925203
LAUNCH IT GODDAMNIT

>> No.24926064

Just got off the phone with my dad, got the greenlight to put all his retirement savings into CAP.

>> No.24926149
File: 60 KB, 964x912, worry.jpg [View same] [iqdb] [saucenao] [google]
24926149

>>24926064

>> No.24927225

ALL IN

>> No.24927430

>>24920330
whats the diff between cap and mirror.one?

mirror.one is in pre sale ending in two days

>> No.24927473

>>24927430
mirror is a pajeet scam that will get rugged (33 twitter followers for a reason)
Cap will replace Bitmex

preddy big difference I would say

>> No.24927546

>>24927430
CAP's design is much more simple and efficient. Mirror you have to supply liquidity for all the different synthetic assets to mint them

>> No.24927939
File: 27 KB, 487x274, EcPA-AZXQAAIXQO.jpg [View same] [iqdb] [saucenao] [google]
24927939

>13 mil MC
>500 ish holders

If you're out there reading this, buy 1 (one) and forget about it for a few days/weeks. This will hit $1000-$2500 sometime in 2021. Just don't be a noob dumbass and fomo all-in and watch the price every hour

>> No.24928275
File: 229 KB, 512x512, CAP $1000.png [View same] [iqdb] [saucenao] [google]
24928275

>>24927939
this

>> No.24928371

>>24927939
Based af anon. I bought 1 whole extra Cap today, GODDAMN

>> No.24929068
File: 297 KB, 602x337, burry cap.png [View same] [iqdb] [saucenao] [google]
24929068

>>24928371
how does extra $1M sound like?

>> No.24929549

>>24929068

I'll take that, brb buying 5 more.

>> No.24929580
File: 164 KB, 512x512, nasty cappa stick.png [View same] [iqdb] [saucenao] [google]
24929580

>>24929549
Su Zhu will pay TOP PRICU for that 5 Caps in 2 years

>> No.24929806

>>24929580

Su Zhu will buy our bags and suck our dingleberries right after