/biz/ - Business & Finance

>>29406576
super comfy desu
any updates on the vVSP earning rates? still at 0 in the app

>>29406576
didn't dump as hard as my other holdings so I'm happy

>>29407465
Ongoing. Should be resolved by tomorrow, hopefully.

>>29406576
When will this shit go to $500?

>>29407671
EOY

>>29407671
Never. Sorry.

>>29407671
$100 by July

>>29407641
actually it should be today

>>29406576
Really bad, still 0% apy on vVSP. and it's already tuesday morning. Fucking devs can't do shit

>>29406576
we held the line, farming rewards are accruing

>>29408288
gtfo fagot, you literally have other pools to farm on + GYSR. it was stated it will be updated on monday, go fucking cry in your basement and masturbate

>>29406576
feel great, just waiting for them to fix the vVSP pool

this is a blue chip DeFi, undervalued at $50 (I bought at $39)

>>29408401
fuck this project, I'mma dump on your asses.

Stay poor pajeets. I doubt you can absorb my stack:

>>29408678
definately. i bought at $18 lets goooo

>>29408678
I give it a month to go to $100
A lot of shit in the pipeline, bancor and some AMMs were in telegram channel

>>29408747
> I doubt you can absorb my stack
Thats what your mother said

>Click on my GYSR stake
>Earned vVSP changes every time I refresh
Bros?

enjoy

>>29409569

>>29409569
What does this mean?

>>29410052
1. read tokenomics
2. understand modular ekonomics and fees platform is generating
3. those fees are used to buy back VSP on opet market and return them to vVSP stakers
4. reload and repeat

>>29410052
it means VSP is already generating a ton of revenue, too much for the automated buyback system at launch to deal with

>>29407671
Never, it's a stablecoin for whales to park their money.
At least I bought at 30, selling at 50.

Shit poster how many pictures of shit do you have on hand rn

>>29410497

>>29410607
Bullish

>>29407465
i haven't received any coins yet and i can't withdraw nor deposit.

>>29411065
the vVSP staking pool is being manually dealt with but you should be able to deposit and withdraw. the UI is a little confusing, make sure you're looking at the VSP pool, the selection bar is at the top of the page

Is 50 vsp enough to make it?

>>29411425
How does $1750 sound?

>>29410607
my bags are vespies and gritties these pictures make it all seem like kismet

>>29411493
Sounds like the current price...

>>29411425
I wouldn't say 50 VSP will be "make it" money but consider that it's gaining fast on YFI and already has more than 30% of YFI's TVL

and at YFI's current market cap, each VSP would be worth $1000

>>29411880

OOOOOOOOOOOOOOOOOOO WTFWT

>>29406576
0xb1 is in

>>29415426
for the retards here who dont know who 0x_b1 is, google him. Hes the biggest defi wallet

saw this in the telegram, still no word on when vvsp rewards will start rolling

>>29415834
yes but the good news is the rewards are coming, and the better news is that VSP is already generating so much revenue that they're having trouble distributing it

>>29408288
Eastern time

>>29415834
will the 450k and 250k be buybacks?

>>29415426
>>29415760
just checked and the wallet doesn't seem to hold any vsp?

>>29416060
the 250k is for buybacks, not sure about the 450k but probably

>>29416134
not yet, but he's generating fees (that are used to buy back VSP on the open market, thus raising the price) with his wBTC deposits

also raises TVL

>>29416134
hes farming it. he's got 12,463 vETH, 399 vWBTC and 22,643,344 USDC. Thats like $70M usd worth.

>>29416410
>>29416134
yes, right, forgot to mention, you also generate VSP by putting liquidity (ETH, WBTC, and USDC for now, others coming soon) in the pool

>>29416410
He also provides some liquidity for VSP on Uniswap

>>29416134
He is, but he has providing it all on uniswap / sushiswap liquidity pool

>>29416736
>>29416498
>>29416410
>>29416372
very cool info, actually didn't know about that wallet. crypto is so interesting lol you can learn something new every day

>>29415834
retards are still buying useless "governance tokens" instead of buying VSP that actually distributes 95% of revenue to holders.
It has not even been out a week and they already generated 250k

>>29416871
yeah, and the biz whale with $50MM portfolio is also a holder btw

>>29416871
also i believe that 0x_b1 is so balls deep that he cant market sell his entire farmed VSP because it would fuck his returns. he's got to be bullish long term imo given the amount he parked in vesper.

>>29417062
dont know about him, share his address pls. What did he say about vesper? whats his strategy, is he holding vsp or farming it?

>>29417157
>he's got to be bullish long term imo given the amount he parked in vesper.
if you're not bullish long term for Vesper you're a fucking retard

>>29417308
theres always a risk mate. we dont know how much tvl will be lost when vsp apy rewards dry up. Hopefully by then full product will be launched and it will attract investors nonetheless

i need some real FUD on this come on

>>29417254
>whats his strategy, is he holding vsp or farming it?
part of what makes VSP such a great project is that you accomplish both by depositing non-VSP currencies. for example your USDC deposits currently generate 10% APY USDC, and additional VSP on top of that, which you could then either sell or reinvest into the VSP pool as you see fit

it's like an actual savings account for the first time in the past 20 years

>>29417254
He is in this thread anon, the second poster with $58MM
>>29399464

He is staking it in the vVSP pool, he has over 30k vespies

AHEM ... GGUYS

>>29417773
how many times have you posted this picture now? what have you accomplished with this shitposting?

>>29417493
of course there is always a risk, I said "bullish," there are no guarantees

but functionally Vesper is a crypto bank allowing for a crypto savings account. and yes of course APYs will go down, but in the long run VSP's "conservative" pools are likely to be the best place for whales like 0x_b1 to park whatever they aren't actively trading

>>29417773
you're a much shittier and less funny version of GRTsux, up your game faggot

>>29417773
>>29418042
imagine spending you day on biz waiting for vesper threads to post your poop toilet pictures

Staked all weekend at 0%. Still waiting to see how much the rewards will be.

>>29418681
It is at least 200k and you should receive somewhere around $800 from that
according to this telegram guy >>29415834
it is even more, 700k which should give you almost $3k. Not sure if that is larp however

>>29418856
kek not larp. I was the anon who dropped 26 eth at $48 to push the price up to $52

>>29419407
no I didn't mean it like that
I meant not sure if the telegram anon was larping about the 700k in buybacks, but I have seen Jeff confirm that it is at least 200k earlier

>>29419465
Guess we'll find out in a few hours

>>29418856
not larp. Beta balance is here: https://etherscan.io/address/0x9520b477aa81180e6ddc006fc09fb6d3eb4e807a

and fee collector since launch is here:

https://etherscan.io/address/0x223809E09ec28C28219769C3FF05c790c213152C

I think theres a 3rd one for gysr rewards but im not sure

>>29419667
look at vETH vWBTC and vUSDC balances. these will be sold for VSP on the open market to be distributed.

>>29410607

>>29419667
>>29419776
so fucking bullish holy shit

>>29419667
very bullish
do we know for sure that the beta balance will also be distributed to stakers?
>https://etherscan.io/address/0x223809E09ec28C28219769C3FF05c790c213152C
will this address always be used for fee collection?

>>29419667

>>29419990
how many photos of shit do you now have saved on your pc I'm going to sell my stack if you keep doing this

>>29420387
the v balances will be distributed AFAIK

>>29420625
> selling your precious Vespies because of a tranny with a scat fetish
Not gonna make it.

>>29420888
great, if the rewards are this good I don't even mind if the token price stays stable

Still sitting cozy

>>29421874
The tokenomics are fantastic and I agree with this sentiment, but note that VSP is already at 1/3 of YFI's TVL, with only $50M market cap

At 1/3 of YFI's market cap, each VSP should be worth about $300

>>29422130
agree, I think this will absolutely BTFO YFI

>>29422130
>>29422300
VSP will most definitely take out YFI in a few months

making some passive vespies from staking. feels good man.
anyone interested should get in the SLP-VSP pool. there's only 7 or 8 days left

>>29422130
one third of YFI's TVL? more like 3/4

https://defipulse.com/

>>29423067
marketcap, which is around 100mil right now I believe

>>29423067
>>29423252
so yea the 1/3rd is wrong either way. goes to show how much room VSP has to grow if successful.