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/biz/ - Business & Finance


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File: 85 KB, 277x192, pepe-soros.png [View same] [iqdb] [saucenao] [google]
22082584 No.22082584 [Reply] [Original]

[A Pepe Soros Alpha Post, previously known as AMPL Einstein]
Right now YFV is rising in price as it’s correlated with YFI and YFII. It is another version of this. But it's “more”, not more, but it is a “defi product suite” of 3 things.

1. Yield Farm to start with - and earn YFV (like YAM) - farm with bal, bat, knc, btc, eth, and others, 98% token 2% yfv to earn 20-30% roi WEEKLY. Initial plan was to last 10 weeks, but there is discussion on either extending to 20 weeks. We are early, it is the start of week 3 (YFI was under $1k in it’s week 3 ;))

2. Stake YFV to earn elastic/Ampl-like rebasing assets (Stake YFV to claim for free) - starts tomorrow (Sept 1st). This is why the price rose from $18 to $66 - anticipation of people wanting to take large shares of this. This is not liquidity pooling but just staking YFV to earn vusd and veth - these 2 tokens are both "ampl-like", ie. vusd is supposed to be $1 and vETH is supposed to be 1 eth, but they both are elastic /rebase on demand. Yes, you read that correctly - elastic-rebasing-ETH - the ONLY way to get a decent amount of it is by staking YFV. This is also just exactly the $based model. Thought $3 for $1 stablecoin ampl was mad? Wait until you see $5-10k vETH!

What you are doing here is buying - or ideally farming for free - some YFV, to earn 2x elastic tokens - $Based style . Expect $Based levels of profit and madness.

3. Yield Farming Vaults (YFI style) - this is unannounced in full but will contain 3 vaults to start with and expect it to work like YFI - eth / btc / link - lock up any of these and YFV will do the 3-4-5x+ chain of transactions to farm them thought aave and compound and earn you interest (with a % fee paid into the YFV staking pool stakers)

Continued...

>> No.22082697

So not only is this YFI and can do everything they can do, but it is only 1/3 of the project - or, the YFI part hasnt even started yet. What you are doing is buying in now - or farming in for free - for a future stake of a YFI like product (while probably earning insane $$$ from the Based like 2x stablecoins along the way).

Additionally as the price of YFV rises it becomes increasingly more alluring for other farming projects to include it in their pools/yields/farms - Harvest.Finance has a vote and YFV is doing we'll to get added at their launch, if so then expect $10m+ YFV to then be farming Harvest and the price to get pushed even higher ($100+ tomorrow if so)

Tldr: Farm now with bal,bat,re,knc,weth,wbtc and others, to earn free money, (30% weekly roi) use that free money to earn more elastic free money (play the elastic game like $AMPL / $Based +10-100x gains), use that elastic 100x gain to YFI style yield farm.

yfv.finance
telegram: FinanceYFV

>> No.22082710

p.s. buy in then go retweet and shill to twitter fags: https://twitter.com/PepeSoros/status/1300719229151318016

>> No.22082733

too high iq post for this board anon, im a YFV holder as well.. life is good

>> No.22082765

>>22082584
How much YFV to make it?
I know this is gonna be a good post you made me money on AMPL sir

>> No.22082813

>>22082765
>FYV
how much to farm, only have 7 and a fart

>> No.22082851

>>22082813
96.4

>> No.22082894

>>22082851
darn it! wel, i'll ride tha wave with y'all!

>> No.22082941

OP based narrative

>> No.22082955
File: 215 KB, 1863x1926, do3hw9dwbfa51.jpg [View same] [iqdb] [saucenao] [google]
22082955

>>22082894
LETS FUCKING GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.22082976

>>22082955
>55 again
Kek is with us gentlemen. Thank him! Thank you kek!

>> No.22083017

>>22082584
gimme the site of veth

>> No.22083038

>>22082955
nice dubs fren!

>> No.22083084

I told /v/ to buy this coin. They thought it wouldn't moon because it was crabbing yesterday even though it was mooning throughout the entire weekend.

>> No.22083182

>>22082765
You need 100 to start staking so 1000 for passive gains

>> No.22083219

$100 waiting room . Guaranteed.

>> No.22083227

>>22082584
Alright, you've convinced me.

>> No.22083311

>>22082584
Changes of getting rug pulled by the chink whales?

>> No.22083563

>>22083311
Pools got audited. I don't see how they can rug pull. They closed the first pool for FYV because there was an oversight in the code where assets could be locked in it by someone with the governance codes. Not even removed, but just stuck in there. They've been pretty transparent about everything, especially considering Chinese.

>> No.22083575

>>22082584
comfy, waiting for $500

>> No.22083680

>>22083575
Can it really reach 500? that would make me legit a millionaire

>> No.22083828

>>22083680
It will hit $1K at a minimum, conservative estimate. Screencap this.

>> No.22083851

>>22083563
Rug pull impossible. Pro audit, legit af. Better than yfi.

>> No.22083949

>>22083828
Well, BIZ, I am officially a millionaire, THX

>> No.22084003

>>22083949
well then, sell is small parts and don't fucking dump everything on us. think you cound be milti mm bruv

>> No.22084674

>>22083563
wait these devs are chinese?

>> No.22085466

>>22083182
Is it really 100? When I looked at the vote it seemed surely a 90s number would win. I only have 96 or so, gotta figure out how to get a couple quick if 100 is correct.

>> No.22085557

>>22085466
it's 96, I believe.

>> No.22086144
File: 188 KB, 1804x1062, Screen Shot 2020-09-01 at 8.03.29 AM.png [View same] [iqdb] [saucenao] [google]
22086144

HOLY SHIT IM PRINTING MONEY


what price do i sell at?? should I take the 1k ive made already or wait for even more mooning?

>> No.22086216

>>22086144
use my link if u do go set up farming plz anons

https://yfv.finance/?a=2GcuYZcL22f1gxk79ASVBZyTL5Ma

>> No.22086270

>>22086144
Lol, how much did you put in? Congratz.

>> No.22086339

>>22086144
How much LINK did you put in?

>> No.22086388

happiest farmingI've ever done .

>> No.22086402

OOOOO

>> No.22086422

>>22086339
dw about it

>> No.22086492

how do you take coins out if you're done with staking?

>> No.22086777

I have no idea how to set up farming, desu i didnt even know we could use LINK to start getting a return, that being said got a staking stack of YFV and ill just pop that in the V2, seems straight forward enough

>> No.22086871

>>22086777
People making killing every minute on linkpool

Yfv will be 10x from here on..

Buy if you can. And hold for few days

>> No.22087106

>>22086871
im earning ~10 a day in link pool but that is down from 12. Lot's more people have joined in the last 48 hours.

I am tempted to take some gains and snowball my share of the pool, but I also don't want to sell yfv because i think its gonna fucking moon more

>> No.22087174

If you are coming in the LINK pool can you at least use my link cause youre gonna be taking my gains https://yfv.finance/?a=2GcuYZcL22f1gxk79ASVBZyTL5Ma

>> No.22087865

found support at $70, we should breakout very soon past $100+ STRAP THE FUCK IN ANONS
>we're gonna make it

>> No.22087890

>infinite mint function

Happy rugpulling!

>> No.22087905

>>22087890
WTF RUG PULL?????

IS YFV A SCAM??????????

>> No.22087920

>>22087890
ITS REAL


SELL SELL
SELL SELL

R U G P U L L
U
G
P
U
L
L

SELL FOR YOUR LIFE RETARDS

>> No.22087954

>>22087890
the admin keys were burnt you absolute retard. Nice try fudding though, good luck waiting on the sidelines

>> No.22087955

>>22083851
lets not go crazy... I like this, but YFI and andre are pretty based

>> No.22087997

>tfw missed the train on this
grats guys

im jelly as hell

>> No.22088004

>>22087890
>doesn't know what burn is
ngmi

>> No.22088019

>>22082584
We know now fucking delet.

>> No.22088053 [DELETED] 

I have 16 yfv and I couldnt buy more at $50 today thanks to my nigger bank being offline for the entire day even now. FUUUUUUUUUCKKKKKKKKKKKKKKK

>> No.22088068

>>22083311
i dont think you're going to get rugged, just dumped on when people realize this doesn't generate any actual revenue like yfi.

>> No.22088110

>>22087890
already been audited. they can't.
This is legit.
It's the people's YFI. With better returns.

>> No.22088190

>>22088110
is it too late to buy in? 70 bucks is steep ill never be able to stake ;-;

>> No.22088300

>>22088190
You can stake with other coins

>> No.22088302

>>22088190
start scaling in.

>> No.22088697
File: 24 KB, 205x281, Screenshot 2020-09-01 at 21.45.31.png [View same] [iqdb] [saucenao] [google]
22088697

Staking V2 Pool launching imminently. Claim your share of $8m vUSD and 8000 vETH.

The best part, they are both elastic, rebasing assets ;)

>> No.22088723

>>22087890
Audited by Arcadia Group. kuck.

>> No.22088794

>>22088300
Yes, wbtc, weth, ren, knc, bal, bat, and usd stablecoins pool.
30%+ WEEKLY roi on ren, bal, or bat.
go go go !

>> No.22088829

Need 20 more to stake. Not sure if buying now would be FOMO, or a wise investment decision.

>> No.22088958

>>22088829
I needed 70 and fomod in a few hours ago at sub 70

>> No.22088963

>>22088697
The audit was a success too.

>> No.22088976

Staking going live in 3... 2... 1...

We're going to the moon

>> No.22089013
File: 12 KB, 1053x158, moonv2.png [View same] [iqdb] [saucenao] [google]
22089013

>>22082584
Let the gas wars begin, $100 EOD.

>> No.22089026

>>22088829
Yes.

>> No.22089061

>>22089026
YES TO WHICH!?!?

>> No.22089078

>>22087955
YFI definitely is based, long term hold for sure. But what YFV is doing is pretty dank too, look at the TVL. Just follow the money, it's crazy undervalued atm
>YFI $1bil marketcap
>YFI $1bil TVL
>YFV $100mil marketcap
>YFV $420mil TVL
it's pretty obvious where this is heading

>> No.22089085

>>22088829
It's only going up from here

>> No.22089455
File: 89 KB, 500x756, 4dgim9.jpg [View same] [iqdb] [saucenao] [google]
22089455

>>22082584
so do I put my ampl gains into yfv, or my yfv gains into Ampl? what's the 200iq move?

>> No.22089497

>>22089013
piece of shit wants me to use 5.3k usd on gas to stake few YFV

>> No.22089553

>>22089455
God please someone let me know the answer to this question.

>> No.22089560

>>22089455
staking is the high iq move

>> No.22089683

>>22089078
thoughts on yfl? I picked one up and sold half already for a quick return, but would rather have it be a safer bet than I suspect yfl really is.

>> No.22089731

How do we get around the few grand in gas fees?

>> No.22089761
File: 56 KB, 916x312, uhaojsas.png [View same] [iqdb] [saucenao] [google]
22089761

these rewards are pretty shitty. What's the catch here? What do I do with vUSD and vETH?

>> No.22089993

A great add-on for YFV farmers is the creation of 2 new tokens with elastic supply called vUSD and vETH. This is an experimental protocol mashing up the current most exciting innovations in the DeFi world. Following Ampleforth elastic supply models, vUSD and vETH will expand and contract supply in response to market conditions, to target 1 USD per vUSD and 1 ETH per vETH.
vUSD and vETH will be used in the whole ecosystem, in the subsequent step of the road map, to set up Vault, pay rewards, stake etc….
There will be a total of 1,000,000 vUSD and 1000 vETH distributed to all pools according to their percentage. When farmers harvest YFV, vUSD and vETH will be harvested at the same rate as well.
After all the pools have been exhausted, vUSD and vETH will use an oracle price feed as determined by the governance of YFV. The rebase will use the UniswapV2_VUSD+YCRVUSD Liquidity Pool and UniswapV2_vETH +YCRvETH Liquidity Pool as the oracle for the price with a target of 1USD = vUSD and 1ETH = vETH.
In addition, rebase events occur once every 24 hours.

>> No.22090055

>>22089761
DOnt worry, it is ELASTIC vusd, it will rebase, it will go CRAZY

>> No.22090106

>>22090055
I have no idea what this mean, kek.

>> No.22090182

>>22090055
CAN YOU PLEASE FOR THE LOVE OF GOD DUMB IT DOWN FOR PAJEETS LIKE ME?

>> No.22090200

Why are we dumping

>> No.22090214

>>22090106
>>22090182
Literally Ampleforth

>> No.22090248

>>22090200
>buy less than 96 yfv
>oh shit I need 96 yfv to stake
>might as well sell for sick gains
>price drops

>> No.22090309

thats exactly me without the selling part because i just bouzght NOW. What do?

>> No.22090323

>>22090214
I figured that much but wtf does AMPL even do? The supply is elastic so what? The price still goes up and down so what's so special?

>> No.22090458
File: 190 KB, 960x1280, vusd.jpg [View same] [iqdb] [saucenao] [google]
22090458

>>22090182
It means that 1 vUSD can be worth more than 1 USD. Pic related is the current price of 1 vUSD.

>> No.22090463
File: 51 KB, 804x740, IMG_20200902_004608_509.jpg [View same] [iqdb] [saucenao] [google]
22090463

>>22089761
Seethe pajeets!!!

>> No.22090589

>>22090463
>>22090458
Now we're talking! But it could also be less than 1 USD, no? Are we gonna see vETH:4000$?

>> No.22090658

>>22090458
>>22090463

post vUSD and vETH contract for uniswap, please.

>> No.22090661

>>22090589
The target is 1 vUSD = 1 USD and 1vETH = 1 ETH. This means that it's best to stake early before the prices of these coins are at equilibrium.

>> No.22090719

>>22090658
vUSD: 0x1B8E12F839BD4e73A47adDF76cF7F0097d74c14C
Dunno about vETH.

>> No.22090725

Fuck i bought 12 of this yfv shit and need 90 for stakin, is there point to even hold these?

>> No.22090748

>>22090661
if the target is 1:1 why would I buy vUSD or vETH?

>> No.22090772

>>22090748
you dont buy it, you get it from staking

>> No.22090836

>>22090772
I know "I" don't buy it since I'm getting them for free but why would anyone else want these tokens? Why not get the real ETH? Not being retarded, I'm genuinely interested in knowing why would these be valuable.

>> No.22090894

>>22090836
This is what I'm asking in telegram group and getting no real answer. Where is the value of those vUSD and vETH coming from? Why would anyone buy it to give it value? It's not making sense.

>> No.22091000

>>22090894
1 vUSD = ~9 USD. You sell your vUSD for USD on uniswap

>> No.22091009

>>22090894
its a fucking ponzi just take profits and leave a little to ride I sold all but 100 of my stack now. there is money to be made but its all a fukin ponzi

>> No.22091063

>>22089993
So this means YFV is gonna go fucking ballistic because everybody will want to farm vUSD and vETH

>> No.22091090

>>22091000
My question is why is it worth that? Who is buying vUSD that it has that value? What can they use it for?

>>22091009
This is what the lack of answers that make sense are pointing me to.

>> No.22091205

>>22091090
people have been calling me a retard all day for taking profits but the amount of retarded normies buying this shit and the insane volatility scares me from holding too much. I am leaving 100 to see where it goes from here but I am happy with a 7x.

>> No.22091422

>>22086144
>>22086270
Curious as well. Seems like you need a lot of another coin upfront to really make solid YFV gains. I was thinking about buying REN and joining that pool since REN is still relatively cheap.

>> No.22091532

BUMP/ PSA - You havent missed the boat on this yet, Binance rumored to be listing it, if not certainly others, get in now or regret

>> No.22091669

>>22091422
thinking the same. So minimum is 96 yfv right ?

>> No.22092241

>>22091669
ye

>> No.22092776

>>22091205
Nothing wrong with taking profits. 7x is nothing to laugh at.

>> No.22093348

>>22090836
>>22090894

Why do people buy ampleforth?
There are only 1M vUSD that will ever be minted, whatever you have now will be your % of the coin, but it will rebase, currently at 8.5 to one, so if you have 100vUSD now it will be 850 vUSD after the rebase. Unlinke sushi which just keeps printing new coins outta nowhere, or btc that prins more based on mining, vusd prints more coins based on price demand.