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

/biz/ - Business & Finance


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20239111 No.20239111 [Reply] [Original]

>~ Fair Inflation V2 ~ Staking Rewards Soon! ~ Uniswap V2 Integration Next Week ~ Uniswap IDOs Too

>~ And Also Next Week a New Uniswap Auto-List Feature For New DFOs ~

~~~

>Unofficial Thread

>DFOhub listed on DeFi Pulse!

https://defipulse.com/defi-list

>TOKEN SWAP COUNTDOWN

https://etherscan.io/block/countdown/10432000

~~~

https://medium.com/dfohub/core-update-uniswap-integration-staking-and-buidl-2-0-dfohub-weekly-june-13-20-cebba3d106a9

With this big update, we transition to the next phase of DFOhub, from BUIDL V1 to BUIDL V2.
This token swap starts in just under 8 hours, and is incentivized. You could end up with 30% more BUIDL.

>Why is there an incentivized token swap?

To unlock the full potential of DFOs, and to add an extra layer of security to future upgrades. The DFO core has been upgraded to treat BUIDL as a microservice independent of the DFO. This means token holders can always use the governance token to vote for new upgrades, even if for some reason a buggy/broken update was approved for another microservice on the DFO. Token holders can now always vote to fix it. This is important for DeFi dApps; it protects against possible attack vectors.
This is the only BUIDL token swap that will ever occur.

>How do I swap my old BUIDL for the new BUIDL?

When the countdown ends, switch.dfohub.com will activate. Specific instructions on how to swap will be there there. It will be a simple process.

>> No.20239122

>How do I profit from this?

By swapping EARLY. The devs are offering incentives to encourage you. Swap in the first 24 hours, and you’ll come out the other side with 30% more BUIDL. For 48 hours after that, 20% more. And for the five days after that, 10% more. Then it’s a 1:1 swap for 45 days.
For example, if you swap 1000 BUIDL V1, you’ll receive 1300 BUIDL V2.
They are rewarding engaged holders. You can read all about it in the news update.

>Doesn’t this increase the total supply / circulating supply / market cap?

Yes, but not by much, and it depends on how many people actually switch / how early they do so.
The max the new circulating supply will increase to from what it is now —about 2.2m— is 2.8m. The max the total supply will increase to from what it is now —42m— is 42.6m (all locked tokens are only swapping at 1:1). But not everyone will make the switch during the first few days, and I expect we’ll see a new total supply of only around 42.3m and a new circulating supply of only around 2.5m.
So BUIDL V2’s MC will be roughly equivalent to BUIDL V1’s. That is, if BUIDL’s price stays the same. Given the incentives, I wouldn’t count on it staying below $1 for very long.
Swap early, and you’ll have 30% more BUIDL. Relative to these other changes, this is huge.

>We’re all going to make it.

Pour yourself a drink, fren. There’s more.

>> No.20239136

>Tell me about liquidity staking.

You are going to be rewarded for staking your BUIDL V2 to provide liquidity on Uniswap.
There will be four tiers, with progressively higher rewards:

Stake for 1 month at a ratio of 1 : 0.01 BUIDL.
Stake for 3 months at a ratio of 1 : 0.05 BUIDL.
Stake for 6 months at a ratio of 1 : 0.2 BUIDL.
And stake for 1 year at a ratio of 1 : 0.5 BUIDL.

Not only will you receive a BUIDL bonus at the end of your chosen staking period, you’ll also earn a % of Uniswap trading fees.
For more information and examples, check out the paper. This is starting next week.

>What about the new Inflation Strategy?

They have improved the Inflation Strategy for $BUIDL & $ARTE. Instead of large, weekly inflation events, they will be small and daily. The same total amount of both will be inflated over the same period, but split across more events, so they don’t cause a dip in the markets.

>What about Uniswap V2 Integration?

Uniswap V2 integration is finalised, and will be implemented next week. When that happens, DFOs will be able to manage liquidity pools, their fair inflation mechanisms and staking rewards by voting.
They will also be able to conduct Initial Dex Offerings (IDOs), something we have never seen before on Uniswap, and which has the potential to permanently improve Uniswap’s ecosystem.
This is also true of the upcoming ‘Auto-List’ feature. You will be able to directly trade a DFO’s tokens on Uniswap via the DFOhub GUI, so you know you’re trading the real thing and not a scam.
These things will help kick off DFO adoption.

>What’s next?

Vertical DFOs, Multi-Token DFOs and so much more. Check out the Weekly, and stay tuned.

>> No.20239249

my cock is admittedly rock hard for that 30% bonus

>> No.20239405

tldr how do i 30%

>> No.20239442

>>20239405


>How do I swap my old BUIDL for the new BUIDL?

When the countdown ends, switch.dfohub.com will activate. Specific instructions on how to swap will be there there. It will be a simple process.

>> No.20239496

>>20239405

buy BUIDL

swap for BUIDL V2 tomorrow

>> No.20239926

thanks lads. were all gonna make it

>> No.20240029

>>20239111
Enough with the scams. If you want a bottom and are feelin' FOMO buy some SUTERUSU.

>> No.20240193
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20240193

>>20240029
>buidl
>scam

lmao

>instead buy this chinese scam where the dev long since exited!

LMAO

>> No.20240298

what time does the swap period open? I want to make sure I collect my 30%.

>> No.20240324

>>20240298

>https://etherscan.io/block/countdown/10432000

>> No.20240382

6 hours.

>> No.20240401

>>20240324
thanks fren

>> No.20240597

Is liquidity mining the same thing as liquidity staking?

>> No.20241052

5 hours.

>> No.20241545

Shall I buy $2000 dollars more of this? I’m up to $10k

>> No.20241671

4 hours.

>>20241545

follow your heart sir

>> No.20241920
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20241920

>>20241545

Keep in mind that we have no idea how the price will react on the new Uniswap pool.

High risk/High reward fren

>> No.20242111

damn bros i bought the dip and raised the price 3 cents

>> No.20242323

This hold is comfy

>> No.20242459

comfy holds

>> No.20242510

my boner is out of control

>> No.20242863

2 hours.

>> No.20243279
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20243279

>>20242863

My body is ready

>> No.20243339

Scam

>> No.20243354

>>20243339

Sorry for your loss

>> No.20243408

>>20241545
nope. I guarentee this will dump more than 30% after swap. cap this and feel like a retard when you lose all your money

>> No.20243480

>>20243408

>guarentee

We have a charlatan in our midst

>> No.20243522

>>20243480
lmao see you in a few, dumb faggot. You delusional moonboys won't see the red flag in front of you even if it hit you in the face

>> No.20243694

1 hour.

>> No.20243775

how new are you idiots? always buy the rumor and sell the news. peace out.

>> No.20243945

40 mins to go frens

>> No.20244049
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20244049

GET HYPE to lose a bunch of money goddamnit

>> No.20244137

0x7b123f53421b1bF8533339BFBdc7C98aA94163db

BUIDL V2 contract address

>> No.20244431

15 minutes.

>> No.20244503
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20244503

>>20244431

How much are YOU expecting to lose today? I'm a top 50 wallet so this is going to be a kick in the nuts

>> No.20244598

>>20244503

I'm top 50 too. I think it's going to be super choppy to start off, and will slowly stabilize over a few days, especially once liquidity staking is implemented. There's a chance it will dump at the start, but I expect it will get bought up very quickly.

I'm personally not selling any, in it for the long haul. I'm just going to ride the waves out

>> No.20244618

>>20244598
>I'm personally not selling any, in it for the long haul. I'm just going to ride the waves out

Same. Here we go

>> No.20244683

I'll wait for the first hour to make sure there's no hiccups.

>> No.20244711

2 minutes!

>> No.20244721

>>20243354
Sorry for yours, it’s literally dumping right now

>> No.20244733

It's live

>> No.20244759

anyone successfully done it yet?

>> No.20244778

>>20244721

https://uniswap.info/token/0x7b123f53421b1bf8533339bfbdc7c98aa94163db

This is V2, you're looking at V1

>> No.20244829

welp it's live

>> No.20244875

>>20244778
soo whats to stop me buying a shitload of old BUIDL for super cheap and swapping for the new buidl?

>> No.20244885

>>20244875

literally nothing

>> No.20244922

I did a test for 10 BUIDL, worked fine

>> No.20244937
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20244937

why is the new token so expensive? cause of poor liquidity?

>> No.20244945

All I see is a cube on the swap site. Nothing is even showing up

>> No.20244966

>>20244945
I had that problem on brave browser. Switched to chrome and it worked.

>> No.20244984

I've just successfully switched on my PC.

If you're getting the Cube, just give it a couple of minutes, I think it's like a loading symbol. Otherwise try refreshing.

Also, as happens with Uniswap sometimes, my Metamask said the tx failed, but it actually worked.

>> No.20245006

>>20244937
where are you getting these prices from?
on coingecko it's dumping

>> No.20245047

https://uniswap.info/token/0x7b123f53421b1bf8533339bfbdc7c98aa94163db

this has the up to the minute prices of V2

>> No.20245062

>>20245006
>Fluctuating between 90c and 75c is dumping
>When it hasn't even broken $1
Call me when it dumps to 30c again.

>> No.20245097

I've successfully completed my transfer (just under 87k of v1)

>> No.20245119

>>20245006
thats the old token. this is the new one
https://uniswap.info/token/0x7b123f53421b1bf8533339bfbdc7c98aa94163db

>> No.20245133

>>20245097
>(just under 87k of v1)

damn son! legit whale

My comparatively measly 30k also transferred over with no problems

Now begins the days of agony as it bounces between $2 and 10 cents lol

>> No.20245168

>heads up

CoinGecko will update to V2 within a week

>> No.20245253

>>20245133
Good to hear it worked for you as well. I hope it won't be too choppy and lead to panic selling

>> No.20245294
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20245294

>>20245253
Numbers looking good. Smooth process, swapped with no issues.

>> No.20245299

>>20245253
>I hope it won't be too choppy and lead to panic selling

Heh, I wouldn't pass up an opportunity to fill my bags a little more

>> No.20245305

>>20245097
did you get the new tokens plus 30%?

>> No.20245379

>>20245305
yeah i did

swapped 17k for 23k

so stoked

>> No.20245444

>>20245305
Yep, I got the 30% with no problem

>> No.20245468

This is going super smoothly. Holding BUIDL just got comfier

>> No.20245503

Be careful guys, there is a bug in the v2 contract, it can be drained by a bad actor.

>> No.20245528

>>20245503

o rly

>> No.20245533

>>20245503
sauce

>> No.20245635
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20245635

HMMM I wonder why they would put this here? couldn't possibly be to cover their asses for when the inevitable exit scam happens, right guys?

>> No.20245688

>>20245635

lmao still trying to buy back in eh Julian

>> No.20245711

>>20245688
>12 posts by this ID
hope you're at least getting 1 rupee per post, darvpreet.

>> No.20245721

>>20245635

Looks like a boilerplate disclaimer to me. I'd be worried if they DIDN'T include something like that.

>>20245688

lol Julian will still be fudding at $100

>> No.20245809
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20245809

>>20245711
>top 30 holder is involved in a thread about a coin

whodathunk it

remember when your retarded Discord thought you were the masters of the universe, tried to crash the price, and then watched in horror as your bags were instantly bought up and the price rocketed up way past what you could afford

You could've had 100k+ and now you're stuck with your shitty little 8k bag lmao

>>20245721

He truly is a special needs investor

>> No.20245890

>>20245809
top 30 LMAOOO that means you're not top 20, meaning you're a fucking poorfag LMAOOOOOOOOOOO smd nigga I only threw in my lunch money and im top 10

>> No.20245939

>>20245890
cringe

>> No.20245950
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20245950

>>20245890

Of course you are bro, that's why you're trying to fud it and getting laughed at

See you at $100!

>> No.20246189

>>20245950
Its actually funny you retardss think there was a fucking discord coordinated dump LMAO I was the person who posted that shit larping that the discord was going to dump soon because it was at ATH, it just happened to dump like 15 mins after and you shizos thought it was the discord boogeymen. yikes nigga!

this will never hit 100, sry to break it to you, buddy. if your retarded ass's stack will be worth 5m, the world would need to be in a very sorry place.

>> No.20246257

>>20246189

It's actually funny that everyone can smell your desperation, and identify you by name, just from your anonymous posts on a yak milk cheesemaking imageboard

Glad to know that you fucked yourself all on your own though lmao

>> No.20246362

>>20246257
nah the only person I fucked is your mom in the ass. She'll be able to provide you with more details for that though.

>> No.20246393

>>20246362
good one anon

you have huge pp

>> No.20246415

>>20246362

lmao

>u-ur mom

I'm gonna cash out a couple hundred bucks of my buidl stack, buy a nice bottle of scotch, and have a glass of it tonight while thinking about your seethe and asspain

Imagine fucking yourself out of the easiest 100x this board's seen in years

>> No.20246440

Why is old biddle mooning and old biddle dumping?

>> No.20246463

>>20246440
*nu biddle dumping

>> No.20246468

>>20246393
preaching to the choir there buddy, but nontheless, thanks.

>>20246415
umad nigga? trust me if this 100x you got more things to worry about than me lmao because that would mean the US dollar would have collapsed 99%

>>20246440
Warned yall. v2 is a exit scam scheme, dump while you still can while there are still delusional bagholders like the retards above

>> No.20246486

>>20246440
Prob people scooping as much v1 as possible to get the 30% free v2 today

>> No.20246510

>>20246440

People are buying up V1 to swap for 30% extra V2, but the arbitrage window is closing, if it hasn't already.

>>20246468

Why are you like this? Who hurt you?

>> No.20246530
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20246530

>>20246440
>>20246463

Because hilarious price chop after token swap, like what happens with every token. A million-plus new biddle is being dumped on the market in an hour, while people are buying up old biddle to get those sweet 30% gains

Do not listen to this
>>20246468

retarded victim, who tried to swing at 32 cents, got priced out hard, and has been seething ever since

>> No.20246597

wtf /biz/ so do I make the swap or what?

>> No.20246616

>>20246597

Yes you absolutely do

>> No.20246637

>>20246597
Don't listen to >>20246616
The best play is to sell your v1 and buy back in a few days/weeks, the 30% you get won't even cover the price discrepancy.

>> No.20246652

>>20246597

Old token becomes worthless in a month and new token is offering a 30% bonus to switch today, so if you've got any faith in the project, yes

again, don't listen to swingie here
>>20246637

who is desperate to buy a cheap bag

>> No.20246668

>>20246637

Market forces will maintain a ~ 30% or less difference between V1 & V2 prices

>> No.20246757

>>20246668
I think it'll be abit lower than that. I think some people would miss out on the x1.3 swap.

>> No.20246831

>>20246597
Yes, but watch the V1 price for a few hours and take some profit when it goes above $1.

Just swapped mine. Old whale from 3c, but I’ve been selling off my stack gradually to quit my job. Down to just a few thousand before the switch, but feeing comfy regardless. It’s not fuck you money, but there’s enough volatility here to make some short profit.

>> No.20246927

>>20246440
how do i see current token price for v2?

>> No.20246970

>>20246927

https://uniswap.info/token/0x7b123f53421b1bf8533339bfbdc7c98aa94163db

>> No.20247149

>>20246970
>https://uniswap.info/token/0x7b123f53421b1bf8533339bfbdc7c98aa94163db
cheers

>> No.20247588

>not buying that sweep dip to 57c

>> No.20247869

>>20247588
>implying
ive been refreshing the price all day like a mong and snapping up whatever flash dips occur. at the end of the day, i expect to be a few thousand richer and significantly more mentally ill

>> No.20247918

I would buy the dips if I wasn't already all in

>> No.20247926

>>20247869
dipped to 57c for a few mins, only snapped up half an eth worth but now its back over 70c

>> No.20247952

>>20247918
i have 113k but still buying dips

>> No.20248014

liquidity is still low so any half significant trade moves the price quite a bit

>> No.20248038

but by this time tomorrow most should be in v2 since the 30% extra offer only lasts for 24hours

>> No.20248219

crazy fluctuations. went from 67c to 82c in minutes.

>> No.20248416

its my birthday today. i wish i had some coke or pills right now.

>> No.20248655

>>20248416
happy birthday anon

stay strong boss

>> No.20248760

>>20248655
ty fren

>> No.20248899

>>20248416
hang in there fren, happy birthday

>> No.20249154

>>20248416

Happy birthday sir u got this

>> No.20249833

okay, swapped my shit. how long till liquidity staking?

>> No.20250343

>>20249833
not sure, hoping we’ll hear in tomorrow’s blogpost