[ 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: 143 KB, 874x893, 1613693373052.jpg [View same] [iqdb] [saucenao] [google]
30270971 No.30270971 [Reply] [Original]

Where my EGGbros at?

>> No.30271550

I'm making 2k per day with the new incubator lmao easiest money of my life

>> No.30271712

I doubted the Goose once..
Now, I am in awe
I kneel

>> No.30271813
File: 24 KB, 390x491, egg.png [View same] [iqdb] [saucenao] [google]
30271813

>>30270971
my egg is comfy earning 600% APR via squirrel.finance for bonus nuts apr

>> No.30271893

>>30271550
Are you in the ultra high APY one?

>> No.30271989
File: 205 KB, 640x595, thinking_dog.jpg [View same] [iqdb] [saucenao] [google]
30271989

If you missed out on the GG1 launch last night just accumulate EGG and wait until GG2 launches next week. Don't FOMO into GG1 like a retard at this point when it's almost at $400. When a new layer launches the EGG incubators will always have higher multipliers than the GGX incubator. There will be a huge dump from GG1 into EGG before GG2 launches. All according to plan.

>> No.30272100

>>30271813

My EGG is in the GOOSE incubator at 27,000% APY.

>> No.30272149

>>30270971
Where my 2% plebs at, we missed the 50k room but we still winning

>> No.30272159

>>30271989
No, GG1 can be used to get GG2, so GG1 will moon during GG2 launch even more. Hold both EGG and GG1 if you want to be safe.

>> No.30272223

>>30271813
Why are you not just staking in the egg nest pools, not worth the risk for an xtra 100% Apr

>> No.30272234
File: 250 KB, 500x500, 1569921204542.gif [View same] [iqdb] [saucenao] [google]
30272234

>>30272100
lmfao goose forks btfo>>30271813

>> No.30272265

>>30271989
>When a new layer launches the EGG incubators will always have higher multipliers than the GGX incubator


no proof of that
Since GG1 is rare and costly, GG1 to GGX incubator may have high apy just like egg hard cap incubator

>> No.30272341

>>30272265
also the devs may have incentive to make it so, since otherwise there is no further use for GG1 and no demand for GG1 ...

Ideally they would want all their tokens Egg, GG1, GG2 .. to have continuous demand

>> No.30272563

>>30272341

They will. GG1 stakes to GG2, and GG2 will to GG3, and so on. All with burn fees. So they might not themselves have value forever they will get you GG2/3/etc.

Leading up to GG2, people will want to ape in, since GG1 went from like $30 to $300+. And the only way to get GG2 fast, besides buying it but that's risky, will be to stake EGG or GG1, so they both will probably continue to moon hard through GG2 launch.

>> No.30272606
File: 58 KB, 564x562, wat.png [View same] [iqdb] [saucenao] [google]
30272606

>>30272159

>GG1 can be used to get GG2, so GG1 will moon during GG2 launch even more

Staking GG1 to get GG2 will provide less gains than staking EGG for GG2. Assuming prices stay in the same range they're currently at, why would anyone buy the much more expensive GG1 for less gains than EGG?

>>30272265

>no proof of that

Pic related is from https://goosedefi.gitbook.io/goose-finance/layered-farming/incubator

>> No.30272642

>>30270971
im in so fucking deep. if I can just keep this farming rate and the price remain stable, i'll be a free man in a week

>> No.30272777

Bros I try to harvest my GG1 from the farm but it keeps giving me a transaction error. Anyone else had this?

>> No.30272835

>>30272777
nice trips. no, I just harvested and had no problem. I'm staking LP tokens

>> No.30272850

>>30272777
Suddenly it worked. I guess there is too much traffic or some shit. Probably will be a pain in the ass when GG2 launches. Fuck.

>> No.30272858

>>30272777
are you using metamask?

>> No.30272922

>>30272606
True true. However, the project is still very early and like GB himself has said they will be evaluating pretty much everything in terms of numbers multipliers etc.

BUY EGG honk honk

>> No.30272978
File: 24 KB, 602x248, Capture.jpg [View same] [iqdb] [saucenao] [google]
30272978

>>30272606
Multiplier has no relation to Apy or ROI % per day

pic
one is 40 and one is 2 multiplier

both have same/similar ROI per day

Basically for every $1000, both returns same worth in GG1

We will only know what APY is for GG1 -> GGx when they launch ..

A mod in TG said it's a secret , otherwise meaning yes
https://t me/goosedefi/176097

>> No.30273071

>>30272606

Because WAY less people will be staking GG1, so yields will be less diluted than the EGG stake.

EGG supply is 692k, GG1 is 39k, there is almost 20x more EGG stakers than GG1 stakers, so smart money will be buying up GG1 for the GG2 launch.

>> No.30273125

>>30272858
Yes, I am. I used to use binance chain wallet to buy the rugpull projects but I often got errors so I switched to Metamask to cash out in time incase of decreasing APY on rugpulls.

>> No.30273272
File: 423 KB, 775x577, mongolian_basket_weaver.png [View same] [iqdb] [saucenao] [google]
30273272

>>30272978
>>30273071

If GGX-1 always provides the best APY for GGX then this is truly the ultimate ponzi.

>> No.30273290

>>30273125
yeah right now Metamask seems more stable than the BSC wallet. I've had trouble with it as well. In Metamask you can adjust gas prices, so next time try increasing your gas a little bit.

>>30273071
We wont know till it launches. Personally, I think I'll be cashing out everything beforehand and seeing what the release will look like.

>> No.30273338 [DELETED] 

I am so shocked by those stupid asses shilling their scamshit kek. i will invest only in phore token and only to receive the graphene. I will see 100k tps and get income from the sharding tech.

>> No.30273531

>>30273125
>>30273290
huh weird, im using binance wallet and got no problems other than its slow and bugs down the browser because metamask keeps having errors on formatting outputs from rpc or some weird shit

>> No.30273631

Goosebros.

LP question.

I put in GG1/BUSD liquidity.

$500/$500.

GG1 goes down 25%.

I take out my LP.

I get $250 GG1 and $750 BUSD.

Correct?
I get the same

>> No.30273678

>>30273631
its the other way around

>> No.30273820

>>30273678
cheers.
The TG is full of complete fucking numbskulls asking the same questions. /biz is retarded but god damn, you anons led me here.

>> No.30273892

>>30273631

lol no, look up impermanent loss.

>> No.30273908

I've been in since the first week or so and see no reason to cash out my egg holdings. Basically the launch of GGX puts less sell pressure on Egg and moved out TVL from the Egg pools. I'm keeping majority of my stack in Egg and getting more consistent gains as I dump my GGX earnings back into the nest and farm. This is the ultimate ponzi.

>> No.30273990

>>30273892
impermanent loss would be 1% if GG1 lost 25% against BUSD. It seems this LP pair is the safest

>> No.30274077

>>30273990

oh, right I read that as "GG1 goes to $25" for some reason.

>>30273290

I think most people are just selling their GG1 as soon as they get it right now. The supply is so low. $300 is the bottom. When people actually start accumulating GG1 the price will go over $1k easy.

>> No.30274265

>>30273908
Devs are fucking rolling in the money. What's the reason to keep pushing it? Can this really just go on indefinitely with layered farms?

>> No.30274516

>>30274265
Yeah why not? I doubt every one will be as successful as the first. But I think their goal will be to introduce new tokens as pools for liquidity. They can easily be #2 to Cake with a site redesign.

>> No.30274606

>>30273631
>GG1/BUSD

one is volatile coin, one is dollar coin

so GG1 goes down 25%
your initial investment is now worth $375/$375

but in a similar way, goes up 25%
your initial investment is now worth
$625/$625

For GG1/BNB LP
I think you get the same
$1000 worth total whether it increases or decreases

>> No.30274798

>>30274606
>so GG1 goes down 25%
>your initial investment is now worth $375/$375
>but in a similar way, goes up 25%
>your initial investment is now worth
>$625/$625


I experienced this yesterday with EGG/BUSD

put in $950 worth both egg and busd at egg $67

so 14.17 eggs / $950 BUSD

Egg went down to $50

removed LP and got back $850 BUSD and 17 eggs

>> No.30274835

>>30272223
squirrel dev has been around dapps since 2018, if he says im insured then ill take the extra 100% free. good peace of mind.

>> No.30274959

>>30274606

wrong, being in an LP like GG1/BUSD, you are essentially buying GG1 as it goes down, and selling GG1 as it goes up. Your proportion of GG1 and BUSD you'll get changes with the price. So if the price goes down you'll end up having more GG1 and have lost more BUSD than just holding a 50%/50% split, and if the price goes up you'll have less GG1 and missed out on gains. The only reason to have the LP tokens is to farm them for the 10k% APR. You are just better off buying GG1 and staking it if you want to get the gains from GG1.

>> No.30275075

>>30274959
explain what happened here >>30274798

>> No.30275315
File: 426 KB, 385x561, 1604078687244.png [View same] [iqdb] [saucenao] [google]
30275315

Pareto principle in action. 20% of EGG chads get 80% GG1s

>> No.30275422

>>30274798
basically 25% decrease in price in egg .. from $67 to $50

caused decrease in total value of 10%

From $1900 to $1700

So in this case similar thing will happen
.. corrected to

>>30274606
>so GG1 goes down 25%
>your initial investment is now worth $450/$450

>but in a similar way, goes up 25%
>your initial investment is now worth
>$550/$550

>> No.30275557

Based EGG/GG1. Got a degen bag of Pepe today.

50k market cap. Farming releasing in 6 hours. NFT marketplace coming next. Token is non inflationary (less than 1m supply)

Countdown to farming here (timer is for EST time zone)
https://pepetoken.finance/dapp/

Link to swap / tg here
https://pepetoken.finance

>> No.30275580

>>30274265
As long as btc stays up probably

>> No.30275583

>>30275075

The price didn't change that much. I'm saying if you hold GG1/BUSD LP, when GG1 goes to $1-2k you'll be missing a lot of gains.

>> No.30275629

>>30274959
I'm currently earning over $100 in GG1 an hour. I think my gains are outpacing impermanent loss.

>> No.30275703
File: 24 KB, 528x160, 1608440959799.png [View same] [iqdb] [saucenao] [google]
30275703

HAHAHAHAH
Viking is kill. I remember these niggers flooded into EGG chat to cause the $40 dip last weekend

>> No.30275734

>>30275557
This fucking bot.

>> No.30275793

>>30274265
Not only is the plan to kill xxxswap.finance casinos but also killing Pancakeswap.
This could very well be the #1 DApp on BSC.

>> No.30275811

>>30270971
Test

>> No.30275831

>>30275583
>GG1/BUSD LP

I am thinking I will miss gains only if I hold GG1/BNB LP

GG1/BUSD is fine for gains
I experienced it a few times yesterday while checking EGG/BUSD and VIKING/BUSD lps on yield watch.

When price increased, total value deposited LP value increased similarly. When price decreased, deposited LP value also decreased.

>> No.30275893

>>30275811
test

>> No.30276040

>>30271813
bot or a pajeet? either way, jannies should clean this shit up.
>>/biz/image/tuRMGOsWCIALgILz0XxAng

>> No.30276110

>>30276040
im from usa :)

>> No.30276252

>>30276040
PEPE is also openly botting. >>30275557

>> No.30276516

>>30276252
Pepe has done a 2x in 24 hours and is about to release farming stay poor faggot

>> No.30276728
File: 24 KB, 385x479, egg.png [View same] [iqdb] [saucenao] [google]
30276728

>>30272223
extra 600% APR atm

>squirrel.finance

>> No.30276800

yes go ahead and milk what you can from this ponzi... make sure you are putting gains into an actual project with longevity and product-market fit
>bogged.finance

>> No.30276879

>>30276728

The EGG layer one incubator is 1350% APR right now.

>> No.30276944
File: 147 KB, 772x1228, EvPL744XMAM71bP.jpg [View same] [iqdb] [saucenao] [google]
30276944

5 hours 24 minutes
IYKYK

>> No.30277086

>>30276879
dont you burn eggs depositing there tho?

abit risky for just 6 days of gg1 farming

>> No.30277173
File: 386 KB, 2118x1350, 1602503308323.jpg [View same] [iqdb] [saucenao] [google]
30277173

>>30276944
It's over, nigger. Give up

>> No.30277196

btw. anons you surely know that all this farming, staking, layered farming etc. is just reshufling of the same money that is in there, right? We are not minting new money, it is more like a game where you have to shuffle between various pools, nesting, farming etc. to get the biggest share of other peoples money. BUT it can attract new people which will put more money in and we all (long term holders) can get rich.

>> No.30277222

>>30277086
You make it up in a day.

>> No.30277478
File: 132 KB, 1200x1228, mouse.09b37293.png [View same] [iqdb] [saucenao] [google]
30277478

>>30277173
last warning
IYKYK

>> No.30277570
File: 10 KB, 243x207, 1587064222129.jpg [View same] [iqdb] [saucenao] [google]
30277570

>>30277196
>he doesn't know

>> No.30277777

>>30277196

The new money comes from swap fees / slippage. Not just from people buying into EGG or CAKE, but people who want to get APR on their Bitcoin and ETH. They can get a few % on BTC which is just free money if they are hodling it anyway. So they get into defi, and get into BSC because of the low fees, they they want to dabble in CAKE, then EGG. There is a ton of new money coming into defi especially BSC.

Then there are idiots just aping into shit, not realizing there is a 4% fee, getting board and transferring it out, FOMOing into the actually token at the peak and panic selling at the bottom. That is even more free money for the people just farming and raking in the APR.

>> No.30277862

>>30277777
quints of truth

>> No.30277890

>>30276800
>>30276728
>>30276516
all of you losers fuck off

>> No.30277915

>>30277086
right but 1250% APR on squirrel.finance vs. 1350% APR for 6 days and a fee

seems obvious

>> No.30277980

>>30277222
>>30277915
(oops replied to wrong person)

>> No.30278117

>>30277777
witnessed

>> No.30278270

>>30277777
Witnessed. EGG wants to be gambling central of the DeFi space. If you don't see the value in that, you are a fucking retard.
It also wants to launch its own AMM to kill Pancake but by far the biggest sell is the layered farming

>> No.30278388

>>30277777
Checked

>> No.30278448
File: 39 KB, 512x512, 1596681405789.jpg [View same] [iqdb] [saucenao] [google]
30278448

>>30278388
WAGMI

>> No.30278536

almost 1 day in and gonna make $14k worth of gg1 from only 269 eggs in the 20% egg burn pool. taking 25% profit and the rest towards stacking eggs for the next layer.

>> No.30278726
File: 17 KB, 225x225, 1584377820423.jpg [View same] [iqdb] [saucenao] [google]
30278726

>>30278536
I am 2 dollars shy of 2k from the 3k worth of eggs that I invested.
I don't know what's the best play here but I recommend waiting for Sunday to buy the EGG dip.

>> No.30279261

>>30277777
checked and eggpilled

>> No.30280612

>>30278536
269 after 20% burn or before?

>> No.30280650

I have a retard question

Let's say I go into the GG1/BUSD pool at $1000 when GG1 sits at $300. Now it dumps to $1 (lol). When I remove my liquidity, do I still have the initial $1000? I only lost the value of my farmed tokens right?

>> No.30280803

whats the floor for GG1. Waiting to buy back in

>> No.30280884

>>30280612
after. I had 337 eggs before burn

>> No.30280887

>>30280650

With the impermanent loss you'll have a LOT less BUSD coming out of the pool

>> No.30281016

>>30280803
300

>> No.30281026

>>30277915
Yeh but what's the squirrel holding requirement?

>> No.30281114

>>30280650
No. Look up impermanent loss. That's the risk.

You would lose the value from GG1 dropping plus an additional amount

Realistically though if GG1 drops by say $100, you'll still have some impermanent loss but it's pretty minute. Like 2% at most. You WILL lose the value lost on top of that.

>>30280884
Well played. anon. Will risk some of my EGGos next time

>> No.30281321

>>30281016
naw lower

>> No.30282185

Just swapped my 4 GG1 for more EGGs and put them again into the incubator.

But really this is quite bad compared to the guys that could get in the high reward incubator. They have like a goldmine.

>> No.30282317

AHHHH WHY ARE COMMIEFORNIANS DUMPING

>> No.30282664

US dumps before bed. then wakes up and dumps. why would you even dump this coin? How weak do your hands have to be? I earned 3k while I slept just holding christ

>> No.30282779

Anyone else noticed how egg goes up every time GG1 dumps or crabs and down when GG1 pumps

>> No.30282983

>>30282779
Sell GG1 for EGG - EGG pumps
Buy GG1 for EGG - EGG dumps

>> No.30283334

When is GG2 going to be available?

>> No.30283432

>>30283334
learn to read

>> No.30283542

Retard here. So if I want to join the 40% pool I have to buy BUSD with my Eth first? Or can I just swap for EGG? And I pay a 4% fee as well as gas?

>> No.30283656

>>30274077
Idiot. Price goes down with increase of gg1

>> No.30283721

>>30283432
Read the hole thread and didn't see it anywhere pajeet

>> No.30283937

>>30276110
Anyone from the states doesn’t say they’re from USA they claim their state you pajeet

>> No.30283946
File: 15 KB, 492x120, file.png [View same] [iqdb] [saucenao] [google]
30283946

>>30283334
>hole
>pajeet
off your fucking self dipshit

>> No.30283947

>>30283721
6 days

>> No.30284013

>>30283542
get on binance smart chain and stop using ETH

>> No.30284070

>>30283721
its on the app in huge letters at the top of the page. a timer.

>> No.30284126

>>30284070
Yep opened it just now and saw it
>>30283947
Thanks good ser