[ 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: 76 KB, 953x495, swerve.png [View same] [iqdb] [saucenao] [google]
22229825 No.22229825 [Reply] [Original]

Swerve just launched. Anyone farming it?

>> No.22230019

Already $100 mil TVL. Launch was a bit shoddy but if this isn't the biggest rugpull in a while it's got potential. Limited supply unlike CRV, no shareholder or team allocations.

Site is https://swerve.fi/

>> No.22230143
File: 23 KB, 1348x554, swrv_supply.png [View same] [iqdb] [saucenao] [google]
22230143

First year inflation.

>> No.22230751

>>22230019
Source for limited supply claim?

>> No.22230885

>>22230751
It's on the front page. Roughly 15% return/day currently if you have a 2.5x boost btw, assuming SWRV $15. I'd expect the TVL to keep increasing though.

>> No.22231079

>>22230885
I bought like 70, should I lock them?

>> No.22231092
File: 47 KB, 700x350, boosted.jpg [View same] [iqdb] [saucenao] [google]
22231092

na man im boosting
boosted.finance

>> No.22231101

>>22230885
How do I engage the boosters?

>> No.22231106

>>22231079
Not unless you're farming, locking is only useful for boosting your yield and voting currently. If you're farming use the calc page on the dapp.

>>22231101
Just do a claim after you've locked the SWRV.

>> No.22231218

>>22229825
looks like I'm blind
how do I deposit?

>> No.22231243

>>22231106
Thanks. Boosters engaged!

>> No.22231320

>>22231218
Open the swUSD pool on the dapp, click on the deposit tab, deposit stablecoin(s), then open the DAO page and deposit the swUSD to the gauge. Same process as with Curve, there's vids for that I'm sure. You probably still have to use ipfs2.swerve.fi for it, there was some issue with the UI.

>> No.22231386

>>22231320
Let's say I put $1000, where do I see how much Swrv to expect?

>> No.22231394

>>22231320
I know how Curve works, but I can't open the swUSD pool for some reason

>> No.22231402

>>22231394
http://ipfs2.swerve.fi/#/swusd/deposit

>> No.22231430

>>22229825
currently farming it right now with $500

>> No.22231484

>>22231402
it's just a blank page. I can't open the pool either

>> No.22231493

>>22231101
go to boosted.finance and read the medium join the discord ask questions and stay boosted

>> No.22231510

You're all fucked.

>> No.22231519

>>22231106
Where do I see the indication that the boost is in effect? Did a harvest but don't see anywhere in the UI that says my shit is boosted

>> No.22231659

>>22231430
I paid that much in fees just to get in.

>>22231484
Try the other link, pinned on Discord #general, won't paste it here because it looks spooky and you shouldn't trust me.

>>22231519
Can't see it atm but you're boosted, fren.

>> No.22231699

>>22231430
how many swrv are you getting per hour?

>> No.22231731 [DELETED] 

>>22231699
I've got 50k deposited and I'm pretty high but I think it's been like 17 SWRV an hour.

>> No.22231787

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

>> No.22232072

>>22231659
>won't paste it here because it looks spooky
lmao, that one works.

>> No.22232174

I'm just gonna stay in harvest, they're gonna start yield farming swerve soon anyway

>> No.22232336

>>22231659
huh? really? i paid like total of $40 to complete transaction from depositing($20 including approving) to staking($20 including approving) using "fast" fees of ~200

>>22231699
looks like i get about .01 SWRV per 10minutes
.06 SWRV/1hr
1.44 SWRV/24hr
this is on from depositing $500 and no use of "boost" feature

first time doing yield farming
only reason i'm doing it now is because gas fees are relatively cheaper now so i get to kinda experiment cheaply

>> No.22232414

>>22229825
this looks legit
bonus points for using ipfs hosting
and some big CT accounts yield farming already

>> No.22232500 [DELETED] 

if you can't see the pool you're probably using the cloudflare dns which is blocking the page right now

>> No.22232906

Swerve just got the Andre Cronje endorsement, TVL will go through the roof now

>> No.22233782
File: 6 KB, 223x223, IMG_20200905_022719.jpg [View same] [iqdb] [saucenao] [google]
22233782

>>22232906
das ist meine liquidity...

>> No.22234093
File: 28 KB, 480x640, 7C7E5F5B-163F-4696-AA32-920F3561AC5E.jpg [View same] [iqdb] [saucenao] [google]
22234093

Threw $100k into this shit. Am i fucked?

>> No.22234186

>>22234093
I threw in $550k of borrowed money

>> No.22234207

>>22234186
Cool. What’s your plan? Hold or just dump swrv?

>> No.22234211
File: 633 KB, 1080x2340, Screenshot_20200905_114841_com.android.chrome.jpg [View same] [iqdb] [saucenao] [google]
22234211

You didnt buy yet?

>> No.22234231

>>22234207
investigating the value proposition, but if it's just a clone of crv I'm going to dump it

>> No.22234350

>>22229825
Thanks for shilling. Already pulled my initial out now just along for the ride.

>> No.22234394

This thing is going to 300, in since $17

>> No.22234573

I’m thinking farming isn’t worth it ??

>> No.22235315

>>22234573
If you like farming shit and think the rugpull risk is low, it has the best returns currently with decent liquidity.

>> No.22235977

>>22235315
What are the returns like? And where do you sell, uniswap? Thanks