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File: 137 KB, 383x383, STA.Finance.png [View same] [iqdb] [saucenao] [google]
22575177 No.22575177 [Reply] [Original]

Binance did it again; they fucked up YFI with their retarded shorts.
Also YFI whales are trying to get into UNI to control Uniswap.

This is going to be a dominance over control over Uniswap. We cannot allow Binance nor Coinbase to control Uniswap or else DeFi is dead in the water like Sushi.

We need YFI 2.0

I didn't even pick a ticker yet, you're that early.
Imagine if YFI was deflationary, not just 1%, but 3% and if it got coupled with other deflationaries. Statera compared to other pools on Balancer Labs makes at least 3x times more revenue than all the normal pools and it exponentially burns the more you run it through each pool and pair. It burns 1% at Uniswap 1% at Delta and 1% at Phoenix (because Phoenix includes Delta). It could burn 9% if we increased each one to 3%

gg/AYGMYsf

>> No.22575191
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22575191

Now instead of JUST pools we are going to use pairs and instead of an arbitrage bot that balances/limits the price we are instead only going to limit the dumps and allow the pumps.
Giving an arbitrage bot a deflationary is like giving a kid black licorice. You will have hyperactive yield farming and receive +1x times the volume for every pair.

If 1% burn and if you have 50 pairs you'll receive 50x (of each respective pair's volume, 1M volume = 10k fees, 100M volume = 1M fees spread among the farmers)
A deflationary inside a farming token effectively creates a chain reaction because it's not just the individual pair burning, if one pair has a lot of volume the other pairs will also be affected by it because the YFI gets burned in every pair and the arbitrage bot will seize the opportunity, it will create an insane feedback loop as the token keeps back and forth burning and arbitrage trading.

I won't be holding the presale till not enough interest is shown. In order for such a thing to work I can't just make another shoddy unbacked unfinanced sabotaged doppelganger, I need the power of the high volume or else this project is no better than YFBeta. Neat of them to send half the fees to buy back YFB to create buy pressure, but the main deal breaker will always be the lack of pairs/lack of volume.

gg/AYGMYsf

>> No.22575965

Green ID and dubs bump

>> No.22576051

interesting thread but yield farming is a meme that isnt going to survive much longer

>> No.22576100

>>22575177
>We cannot allow Binance nor Coinbase to control Uniswap or else DeFi is dead in the water like Sushi.
They won't. Look at the top wallets. Uniswap bigwigs were given millions of UNI before the claims even started.

>> No.22576640

>>22576100
What was that I heard about only needing 1% of the total supply to control Uniswap? Nevermind they can just lie about it or change it at any time. Probably just a lie to get Coinbase and Binance to buy in droves thinking they can sabotage Uniswap or take it for themselves.

>> No.22577800

Uniswap died yesterday kek

>> No.22577931
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22577931

>>22575177

>> No.22578469

>>22577931
I know, but I don't act enough.