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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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20229246 No.20229246 [Reply] [Original]

What is Pivvr?

>Well, if you've been paying attention you've noticed that any shittoken can do a 200x on uniswap these days. Of all these shittokens, the least scammy (and thats not saying much) are the PoL tokens. What is a proof of liquidity token? It’s a token that proves its liquidity.

Now it’s easy to launch a token with a huge marketcap because mcap is simply last price of token X total supply. I could create a token right now and make it have a billion dollar marketcap with one trade, but that’s deceiving because you cannot extract 1 billion dollars from the token.

>Why can’t you?

It would make sense that a token with a billion dollar marketcap would be worth a billion dollars. Wrong. You need liquidity. Liquidity is the total amount of bitcoin buy orders for that token. Thus, Proof Of Liquidity was born.

In the proof of liquidity model the total supply of tokens is sent to uniswap along with a seed amount of ETH. This seed amount of ether ensures that there is liquidity. But we weren't satisfied with that. We needed more liquidity.

>So we decided to pair a deflationary proof of liquidity token (that’s right it’s liquid and it shrinks – take that to the bank jack) with a stable coin.

What does the stable coin do? It adds double the liquidity.

>How? Because not only can you sell your Pivvr tokens for eth on uniswap, you can sell your Pivvr tokens for the Pivvr stable tokens which are ALWAYS worth 0.001 ETH or 1 Pivvr token.

Now, smart people will think about this and think, “hey wait, there's a problem, if the tokens are back 1:1 with reserves, eventually you will run out of stable coins as the pivvr price goes up.”

And you would be correct.

As the price of Pivvr tokens continues to rise the stable coins will be a HOT commodity because they are all you need to make gains (the increasing price of the Pivvr token) without exposing yourself to risk (its always 0.001).

>> No.20229272
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20229272

https //etherscan io/address/0x60ea27e61684B280D5d40866659c71AFaA033C99

https // twitter com/PivvrCrypto

https // dis cord gg/ kW qj Hz4

http // piv ver com/

>> No.20229437 [DELETED] 
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20229437

>> No.20229520
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20229520

>> No.20230104

>>20229246
The fud makes this bullish af

>> No.20230132
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20230132

>>20229246
I've literally never seen a dev as honest as Wasape. Pivvr has revolutionary ideas and a solid team. It's going to go places.

>> No.20230136

>>20230104
This is going to be huge

>> No.20230263
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20230263

>tfw last project by this guy did nearly 3x in 24 hours
>basically tripped and fell assbackwards into the presale, single luckiest event of the year for me

The good Lord provides

>> No.20230880

why the fuck does nothing on the website work?

>> No.20231206

>>20230880

It's not finished yet