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22596169 No.22596169 [Reply] [Original]

Right?

>> No.22596288

>>22596169
Everyone who is not buying in this early is mentally challenged. The tokenomics and contract are made to moon this shit.

>> No.22596306

The burn mechanism and unstake penalties make this a fucking gem, yfbeta < yfms.

>> No.22596363
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22596363

>>22596288
Cheers anon, cheers..

>> No.22596400
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22596400

>>22596363
Didn’t buy in at first shill 70$~ fuuuuuuk, I am still going in I think..

>> No.22596435

What makes this different to all the other YF clones? Explain as if I'm an ape.

>> No.22596494
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22596494

>>22596435
Basically a better $yfbeta, this is the yfalpha if you follow me. Better tokens mechanisms destined to moon, but dyor. Disc/TG has some links to cyotees audits I believe.

>> No.22596536

Already on board anon! Rocketship full of degens riding it to the moon!
Well, not real degens, those didn’t board yet.

>> No.22596548

1000$ eow, that 400$ test range was insane yesterday

>> No.22596647

In short, this is better than the other YF clones because the tokenomics force the price upward in 2 ways.
1. There's an time inverted burn fee on unstaking your rewards. The burn fee is associated with the amount of time you've spent in the pool. So if you unstake on the first day, you're burned 2.5%. For every day you remain staked, the burn fee reduces. If you remain staked for a full week, you receive no burn.
2. The profits from the stablecoin pools will be used to buyback shares of YFMS. The smart contract will burn these shares.
3. Finally, unlike other buy n burn schemes, YFMS will allow you to stake YFMS alone. No LP and no stable coin needed to farm. Obviously they want you to stake some stable coin because that would help contribute to the buy n burn. But it isn't required to farm.

In the long run, this even has potential because the ecosystem will save 50% of all the profits from the pools and re-invest them into the pools to continue gaining APY, 50% of which would then be used to buy n burn. So even if no one is staked, the ecosystem would still have funds to buy n burn. And, in the future, they could even use those funds to create additional products. Or, they could decide to just let the smart contract continuously buy n burn

>> No.22596799

>>22596306
Bump, dont miss out gays

>> No.22596835
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22596835

>>22596647
Based anon

>> No.22596986
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22596986

Thanks anon! Sitting at 2x already! Seems linke will reach 1000$ by EoW!

>> No.22597197
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22597197

Would rather buy in to something else <pic related

>> No.22597332

Without a shadow. $1k MOON

>> No.22597358

Wow this seems so much better version over YF Beta. Probably going to put 10 ethers on this. Thanks anon.

>> No.22597372

>>22597332
Agree!

>> No.22597389

>>22596647
Totally correct!

>> No.22597489

bunch of poor fags in this shitcoin. TVL $11,745.40, a packet of doritos and a bottle of pepsi