/biz/ - Business & Finance

>$3000 eoy

I am a Vesper Chad but can we at least be somewhat realistic here anon

glad i listened already got 1.5 token back after staking 2 days. are daily buybacks random throughout the day?

>Let's see the people behind VESPER:
https://vesper.finance/about/

>Same team and advisors behind failed Metronome currency:
https://metronome.io/about/

>Same team and advisors behind failed Spacechain vaporware:
https://spacechain.com/

>Same team and advisors behing failed SCAMMY BTC FORK Unitedbitcoin:
http://www.ub.com/
https://news.bitcoin.com/after-segwit2x-failed-jeff-garzik-reveals-united-bitcoin/

>Oh wait they don't even associate themselves with this one anymore, I wonder why:
https://news.bitcoin.com/united-bitcoin-may-be-the-most-controversial-fork-to-date/

>Centralized ghost chain scam:
"One Out of Only Two Miners Controls 70% of the Network’s Hashrate"

>They asked FULL KYC in order to be elligible to their scammy airdop:
"The most controversial part of the project is the opt-in airdrop feature which basically means a bitcoin holder must give up some form of identification to obtain UBTC. In order to even get started with UBTC, a user must supply a valid email address and a mobile phone number."

>They wanted to steal Satoshi's coins and other inactive wallets to enrich themselves:
"Another contentious issue with UBTC is the Foundation’s claiming of “unused addresses” which means after a period of time inactive addresses will be used for future development."

>b-but jeff is an OG bitcoin dev, he must be a bilionnaire, why would he risk his reputation with scams?!
he only held 348 btc back in 2014, hes no bilionnaire: https://twitter.com/jgarzik/status/480454809791635456

Jeff's reputation in the OG BTC circle isn't what Vesper shills are trying to make it look like, hes seen as the failed S2X dev who tried to hijack BTC and who later launched 2 competing currencies (UB and MET) that failed miserably.
https://news.bitcoin.com/after-segwit2x-failed-jeff-garzik-reveals-united-bitcoin/

Conviniently they always launch projects during the bull market.... With VESPER, they allocated themselves 35% of the total supply and they arnt't even locked for one full year, 1/12th is unlocked (and dumped) every month! It certainly doesnt look like they are in for the long term.

Oh I almost forgot, Jeff's best mate Mattew Roszak is a convincted insider trader: https://www.sec.gov/litigation/litreleases/2006/lr19722.htm

Even 'IF' the platform survives and VESPER isn't a straight up cash grab scheme, 700% inflation during the 1st year will kill the price of the token and the momentum of the project.

When APY rewards taper off most of that TVL will leave and chase the next high yield farm.

So expect TVL to decrease when rewards dry out, combined with 700% inflation, what can go wrong?

Is there a way to track my rewards when I stake?

>>29983176
>>29983269
>>29983351
He's back, soon he'll be posting the toilet picture again

Why you guys think this is a good project?

>>29985602
see
>>29983176
>>29983269
>>29983351

>>29986141
Yes, I can read. You sold too early or what is the deal?

>>29986661
im exposing scammers, thats all. Why would you buy a project from serial scammers?

The fork wars were weird though. S2x was a pointless compromise, not exactly scammy.

>>29986865
Failed projects dont make you scammer. Although, I agree, they don't look good but those have dead projects/ideas since day 1.

>>29987066
how about requiring full kyc to access the stupid fork? how about the "foundation" taking satoshi's coins? It was a cash grab, nothing else. How can a BTC OG even come up with the idea of asking for kyc? doesnt he know crypto is full of schizos and libertarians? he knew his fork would fail, he saw an opportunity to rug retards during a crazy bull market.

>>29987174
I agree that failed projects dont make you a scammer. but
1) their projects always launch in the middle of a bull market
2)Insiders take a very large share of the supply(35% in vsp)
3)very short lockup period for team tokens (1/12 at launch then 11/12 per month)
4)they say vesper is being developed since 2019, but the 2019 vesper had nothing to do with the product they just launched. This is the original idea that has NOTHING to do with a yield agg: https://www.youtube.com/watch?v=fBVZNLy8xmg
They created the vesper twitter in aug 2020 a few weeks after YFI's launched (because its a copy-cat of YFI)

>>29982728
Anon remember how monsterous the market caps became in the previous bull market? With the chance of a super cycle in this run it's possible to reach those numbers (for example Neo)

>>29983176
Yes!

Bullish asf

>>29983176
>>29983269
>>29983351
isn't this the retard who ran out of gas money to move his $100 VSP stack and then completely lost it? kek BULLISH

>>29987394
That wasn't S2x, UBTC was never in anyone's radar. They were all scammy in some way though, segwit, bch with csw and fuck your mother if you want fuck dude, whatever happened to him.

>>29989551
>That wasn't S2x, UBTC was never in anyone's radar.
wtf does that even mean? Unitedbitcoin was launched by garzik and roszak, its a fact. Even tho it didnt get traction the intention behind it is still real... its quite obvious why it never got traction, it was a scam.

>>29981900
checked

>>29983176
thx just bought some more sweet ass vsPUSSY

>>29990147
So was Segwit2x which is what i was talking about. They're no more scammy than the other forks.

fresh oc from a new vesperbro

>>29991605
Noice

>>29991488
>They're no more scammy than the other forks.
Exactly my point. They are ALL scammy. Maybe UB was not the scammiest of all scams, but its still a scam nonetheless.

>>29991605
nice, I'll make one too

>>29983269
Gtfo fagot they are lineary vested, only 1.2k VSP has been claimed so far and vesper is my comfiest hold

>>29987912
Interesting, copycat written from scratch with actual token usage and better tokenomics. Rofl dude

What do you guys think of this oc?

>>29987912
>2)Insiders take a very large share of the supply(35% in vsp)
This is actually slightly misleading, around 13% of that is distributed to early liquid providers iirc, or someone who is not directly on the team, I just remember reading on their discord that it's actually around 22% that is distributed to the VSP team itself.

>>29994130
>Gtfo fagot they are lineary vested
yes you are right. and after 11 months they are all in circulation. wow they have a very long term commitment on this one! 11 months is unheard of!

>>29994509
try reading the actual docs instead of discord speculations next time
it says here >>29983269 25% to founders(garzik, rozak, etc.) and 10% to (((strategic partners))). what you are talking about is the incentivized launch pools and incentivized trading pairs.

>>29993764
Garzik was also Segwit2X, I think you're missing the point

>>29994471
Vesbased and Jeff Pilled

>>29994471
Nice bro

>>29994788
No you are missing the point. Garzik got lucky and rode the btc fame. but his own projects all failed: s2x, met, spc, ub. Im not saying vesper is guaranteed failure, but from this team's track record and all thats mentioned here >>29987912 , I would bet that it will be a dead app with almost 0 TVL 2yrs from now.

>>29983176
I haven't decided whether I will buy Vesper or not yet, I was hoping for a lower price. But your motivation seems to be of someone who holds a grudge against the project, you go to an awful lot of effort to save poor investors from buying a scam with a doxxed team.

>>29994471
here is a simple recolor

>>29994924
>>29996031

>>29996018
> you go to an awful lot of effort to save poor investors from buying a scam with a doxxed team.
I was the one who brought up MET, SPC and UB. Its a doxxed team but the retards here cant connect the dots and do simple a google search. They think doxxed = legit. I dont hold grudge against the team, but rather against the retarded shills who claim this is an innovative project with a great team when in fact its a copypaste of other aggregators but with a nice interface, by a team that scammed many investors in the past. and their token distribution/release schedule shows their true intentions with this project: ride the bull run and sell the top. thats why the team's tokens will be mostly in circulation by year's end.

>>29995551
Failed !=Scam, which is what you've been saying. It's a decent project, that returns fees to the stakers, has a decent app, and has more TVL than yFi. It's OK.

>>29996894
Fair enough anon, the same team burned you on other projects. I have been burned by cronje, so I was looking at this I'm not buying above $20 though.

>>29997326
you can compare VSP's TVL to YFI's once incentivized APY is over. The large majority of the current TVL is from whale who are here for the yield, not the app. they will leave once the rewards are over. Do you not agree with me on this? its common sense to me

>>29996018
honestly everyone has already debated and completely nullified his autistic screeching. If you're interested in these debates I can link you the archives. Other than that toilet tranny just rambles copy and pasted garbage in every thread. Before he used to just spam literal shit in the toilet pics(hence the nickname). If you prove him wrong he just repeats himself like a broken record. In those archives he even admits he's partly autistic and ran out of gas money to move his small stack, which ultimately proves his motive.

As for getting into VSP I recommend reading the documentations on the main site and joining the discord if you want to talk jeff yourself. And of course DYOR

>>29997892
>ad hominem
>associates me to toilet schizo to discredit my content
>says he can refute me but doesnt do it (because he didnt and cant)
Post the archives. I talked about how gysr is a whale game thats only worth playing if you have a large stack because you need to unstake and restake 3+ times a day and pay gas + gysr tokens which makes the gysr pool expensive to non-whales. you're dishonesty proves your motive. You are one the paid discord/tg mod.

>>29998277
>Continues to ramble thinking it gives him an edge
>Pulls out more outlandish claims
>you're dishonesty
Autism can only get so you far toilet tranny.

>>29998277
>thinks geyser lasts forever
>You are one the paid
If you actually paid attention the Geyser event doesn't last forever. It was only for the first week or two to give thanks to everyone who provided liquidity. KEK your mental breakdown is pretty damn amusing

>>29998516
>will never address anything I say
>only attacks and calls names
Your vesper shills ladies and gents. Remember me when you token goes pic rel

>>29998735
where did I ever say that gysr lasts forever? look up the archives, I said inflation is crazy high and people pointed out gysr has a way to counter that inflation. Then I replied thats gysr is profitable only to whales. Michael you are either dishonest or clueless. If the latter, go read the past threads

>>29997804
They're more incentivised to stay then to travel back to YFi simply because stakers get a cut of fees whereas YFi is a shitty governance token

>>29998896
>All autistic claims are already addressed in archives
>Literally keeps repeating the same shit even after disproven
>Wants to keep repeating himself and the exact same debates because autistic
Nah faggot I'm not gonna pull a toilet tranny and start copying and pasting all the answers to your moronic ramblings. Also I don't know who your boyfriend Michael is either kek

>>29999517
the platform exists so that large investors can park they ETH, USDC or WBTC and gain yield. Do you think everyone staking on yfi owns their shitty token? do you think everyone using vsp will buy the shitty token? the revenue model is irrelevant to whales parking their money to earn yield. All they want is to receive the maximum yield for the lowest fees and better security. they dont give a fuck about the underlying platform token.

>>30000092
kek you lost mate.

>>30000562
Stay delusional autismo. You've lost many times over to the point no one cares what you have to say. So keep bumping these threads. You played yourself

>>29998277
Why do you need to unstake and restake your GYSR 3x a day? I've just had mine sitting in there.

>>30000327
So people using the platform is bearish? OK.

>>30000823
>give free gibs
>people come and take free gibs
>no more gibs
>gibs chasers leave.

>>30000778
the SLP gysr yes. not the UNILP gysr. The SLP gysr is competitve so you need to unstake and restake as ofter as possible to maximize rewards. https://medium.com/gysr/gysr-staking-unstaking-mechanics-e2553b9cd3d1

>>30001149
you're basically saying there will be no speculation on the token

you may be right, who knows

>>30001149
But the Gibs continue, more so than YFi, by virtue of the fact that they earn fees with Vesper but not with YFi

>>30001149
95% of the fees generated from using Vesper products is distributed to token holders

but yea you're probably the right one here you sound pretty smart